Norwich University Applied Research Institutes Ltd
Nonprofit profile at a glance
- EIN
- 061669185
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Northfield, VT, USA
- Phone
- 8024852750
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- National Security
Reported finances
- Revenue
- $6,387,793
- Expenses
- $6,124,274
- Assets
- $4,633,207
- Liabilities
- $452,373
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- PHILIP T SUSMANN (PRESIDENT)
Highest reported compensation
- PHILIP T SUSMANN (PRESIDENT): $404,514 total reported compensation
- JOHN BROADMEADOW (DIRECTOR): $297,243 total reported compensation
- MICHAEL SCHULZ (ASSOC. VP): $204,730 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Nuari's mission is a) to serve the national public interest through the study of critical national issues; b) to provide rapid research, development and deployment of needed technology solutions; c) to address related critical policy, information management and technology issues to enhance national response capability; d) to develop related educational and training programs; and e) to serve as a national education center for counter-terrorism and cybercrime.
What it reported doing in 2024
Training, exercise and simulation activities: (a) cyber exercise supp. Exercises - scenerios and exercises using the decide fs tool to demonstrate effectiveness and need for cyber incident response plans in the financial sector (b) cyber intrusion planning and detection for the state of vt (c)cyber education training.
Operating model
- Revenue model
- Grant-funded. 61% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 84
- Accountability: 87
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74%; rating input score 74
- Program expense ratio: 76.7%; rating input score 77
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 77.8%; rating input score 78; 14th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.1%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 35%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 10.2% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 5.6% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 12.1% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 74% of revenue deployed · 76.7% of spending went to programs
- Governance: 7 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $4.7M in reported program spending
- Leadership: top reported pay $405K · 19 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $528K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.