Nonprofit · EIN 20-0173258
CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC
Also known as CART INC
Tax-exempt · PRINCETON, WV 24740
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,230,760 | $514,307 | $716,453 | $2,713,463 | $2,424 | $2,711,039 |
| June 30, 2024 | 990 | $708,590 | $496,637 | $211,953 | $1,996,361 | $1,775 | $1,994,586 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,170,327
- of which government grants
- $805,327
- Program service revenue
- $31,209
- Investment income
- $29,224
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $236,150
- Other salaries and wages
- $4,560
- Salaries, compensation and benefits (total)
- $342,874
- Professional fundraising fees
- $0
- Accounting fees
- $1,700
- Occupancy
- $24,000
- Travel
- $866
- Depreciation
- $77,953
- Program services (functional)
- $482,675
- Management and general (functional)
- $31,632
Balance sheet and other
- Total assets, start of year
- $1,996,361
- Total assets, end of year
- $2,713,463
- Total liabilities, end of year
- $2,424
- Net assets, end of year
- $2,711,039
- Land, buildings and equipment
- $259,171
- Net assets without donor restrictions
- $2,711,039
- Gross receipts
- $1,230,760
- Employees
- 4
- Year formed
- 2003
- State of legal domicile
- WV
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRUCE V MUTTER | PRESIDENT Trustee or director, Officer | 50 | $157,400 | $46,147 |
| HEATHER N WILLIAMS | TREAS/SEC Trustee or director, Officer | 50 | $78,750 | $37,603 |
| SHANNON BOWLING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GLEN CIBOROSKI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK JENKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRUCE V MUTTER | PRESIDENT Trustee or director, Officer | 50 | $152,400 | $33,102 |
| HEATHER N WILLIAMS | TREAS/SEC Trustee or director, Officer | 45 | $76,250 | $28,848 |
| SHANNON BOWLING | DIRECTOR Trustee or director | – | $0 | $0 |
| GLEN CIBOROSKI | DIRECTOR Trustee or director | – | $0 | $0 |
| FRANK JENKINS | DIRECTOR Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 143 CASCADE CIR, PRINCETON, WV 24740-2596
- In care of
- % BRUCE V MUTTER
- Principal officer (990 for 2024)
- BRUCE V MUTTER, 143 CASCADE CIRCLE, PRINCETON, WV 24740
- Signed the 990
- BRUCE V MUTTER, PRESIDENT
- Phone
- (276) 970-1344
- Website
- WWW.CARTINC.COM
- Return prepared by
- MARY LOUISE FENSOM CPA
Mission
THE MISSION OF THE CENTER FOR APPLIED RESEARCH AND TECHNOLOGY, INC. (CART) IS TO PRODUCE OUTSTANDING APPLIED RESEARCH AND SELF-SUFFICIENT FINANCIAL RETURNS BY CONDUCTING SUCCESSFUL TECHNOLOGY DEVELOPMENT PROGRAMS FOR INDUSTRIAL SPONSORS AND FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES AND TRANSLATING SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM)INTO MARKETABLE PRODUCTS, PROCESSES, SYSTEMS AND SERVICES FOR ITS SPONSORS.
Program accomplishments
- PARTICIPATION IN CO-CREATING PROTOTYPES WITH TECHNOLOGY ENTREPRENEURS TO FOSTER TECHNOLOGY BASED INNOVATION FOR EXISTING BUSINESSES OR TO ENCOURAGE BUSINESS FORMATION WHICH WILL PROMOTE ECONOMIC DEVELOPMENT OF THE REGION.Expenses $482,675 · revenue $31,209
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0173258
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B990)
- Assets (IRS master file)
- $2,713,463
- Income (IRS master file)
- $1,230,760
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,230,760 | $514,307 | $2,713,463 | XML |
| 990 | June 2024 | $708,590 | $496,637 | $1,996,361 | IRS |
| 990 | June 2023 | $956,570 | $462,371 | $1,791,145 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0173258).
Questions about CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC
- What is the EIN of CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC?
- The employer identification number (EIN) of CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC is 20-0173258.
- Is CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC?
- The 990 for the year ended June 30, 2025 names BRUCE V MUTTER.
- Who are the officers and directors of CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 2 received compensation from the organization, the highest $157,400 (BRUCE V MUTTER, PRESIDENT).
- How much revenue does CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,230,760, expenses of $514,307 and total assets of $2,713,463 at year end.
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