THE CENTER FOR ADVANCING INNOVATION INC

EIN: 383903952 501(c)(3) Science & Technology

BETHESDA, MD

Total Revenue
$13,076
Total Expenses
$450,997
Total Assets
$299,168
Net Assets
$299,168
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MD
Principal Officer
Rosemarie Truman
Phone
2024382208
Tax Period
2025-01-01 to 2025-12-31

THE CENTER FOR ADVANCING INNOVATION INC, founded in 2012, is a micro nonprofit in the Science & Technology sector that reported $13K in total revenue in fiscal year 2025. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $451K exceeded revenue, resulting in a 3349% operating deficit.

Mission

THE CENTER FOR ADVANCING INNOVATION (CAI) IS A GLOBAL PUBLIC-PRIVATE PARTNERSHIP NON-PROFIT FOCUSED ON CREATING A VIRTUOUS CIRCLE OF INNOVATION AND DRIVING GROWTH BREAKTHROUGHS THROUGH NOVEL, CREATIVE PARADIGMS AND MODELS. CAI'S MISSION IS TO ACCELERATE AND INCREASE THE VOLUME OF RESEARCH COMMERCIALIZATION IN SUPPORT OF HIGH GROWTH BUSINESS IN ORDER TO IGNITE ENTREPRENEURSHIP, BOLSTER THE GLOBAL ECONOMY AND MAXIMIZE THE COMMERCIAL AND KNOWLEDGE-BASED POTENTIAL OF PROMISING INVENTIONS. CAI'S AWARD-WINNING CHALLENGE-BASED ACCELERATOR, RIGOROUS FACT-BASED DUE DILIGENCE AND CAPITAL EFFICIENT LEAN MANAGEMENT MODELS SERVE TO HYPER-ACCELERATE "GAZELLE" HIGH- PERFORMING STARTUPS FOR OUTSIZED INVESTOR RETURNS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $13,076
Other Revenue $0
TOTAL REVENUE $13,076

Expense Breakdown

Grants Paid $0
Salaries & Benefits $389,251
Fundraising Expenses $0
Program Expenses $98,553
Other Expenses $61,746
TOTAL EXPENSES $450,997

Year-over-Year Comparison

2025 2024 Change
Revenue $13,076 $432,823 -1.0%
Expenses $450,997 $711,225 -0.4%
Net Income $-437,921 $-278,402 +0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
2
Volunteers
12

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$340,500
Total Directors
4
$170,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSEMARIE TRUMAN CEO 40
Officer Director
$170,250 $0 $170,250
CODY LOCKE CHIEF INNOVATION OFFICER 40
Officer
$170,250 $0 $170,250
NICK DONOFRIO CHAIRMAN 0
Director
$0 $0 $0
GIL PRICE DIRECTOR 0
Director
$0 $0 $0
REGINALD SEETO DIRECTOR 0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $13,076 $450,997 $299,168 $-437,921
2024 $432,823 $711,225 $875,820 $-278,402
2023 $309,563 $752,351 $1,167,399 $-442,788
2022 $637,435 $847,024 $1,628,888 $-209,589
2021 $319,748 $715,187 $1,838,004 $-395,439
2020 $1,279,885 $870,052 $2,241,443 $409,833
2019 $1,861,847 $754,542 $1,812,064 $1,107,305
2018 $672,166 $1,138,840 $695,909 $-466,674
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