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Nonprofit · EIN 86-2787128

ANDECO INSTITUTE

Tax-exempt · MCLEAN, VA 22102

Financials

$59.1M$59M2023$69.1M$61.1M2024
Revenue Expenses · by fiscal year end
Financials of ANDECO INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$69,105,617$61,097,606$8,008,011$12,076,158$4,058,699$8,017,459
December 31, 2023990$59,053,115$59,045,375$7,740$3,850,830$3,841,382$9,448
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$69,105,617
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,370,022
Other salaries and wages
$2,799,294
Salaries, compensation and benefits (total)
$4,402,029
Professional fundraising fees
$0
Legal fees
$34,448
Accounting fees
$58,705
Travel
$227,961
Depreciation
$4,341
Program services (functional)
$61,097,606

Balance sheet and other

Total assets, start of year
$3,850,830
Total assets, end of year
$12,076,158
Total liabilities, end of year
$4,058,699
Net assets, end of year
$8,017,459
Land, buildings and equipment
$2,042
Gross receipts
$69,105,617
Employees
30
Volunteers
0
Year formed
2021
State of legal domicile
DE

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOE KYSERBOARD MEMBER
Trustee or director
2$425,000
MATTHEW CARPENTERPRESIDENT
Trustee or director, Officer
2$400,000
JOHN FOREHANDBOARD MEMBER
Trustee or director
2$283,333
ROB REEDHIGHEST COMPENSATED EMPLOY
Highest-paid employee
2$252,500
JOSEPH CARDONEHIGHEST COMPENSATED EMPLOY
Highest-paid employee
2$233,750
MICHAEL NELSONSECRETARY
Officer
2$227,180
MICHAEL COLESANTIHIGHEST COMPENSATED EMPLOY
Highest-paid employee
2$200,938
ANDREW LEACHHIGHEST COMPENSATED EMPLOY
Highest-paid employee
2$188,125
JENNIFER SNYDERHIGHEST COMPENSATED EMPLOY
Highest-paid employee
2$176,400
PAUL LAGASSETREASURER
Officer
2$34,510
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
MATTHEW CARPENTERPRESIDENT
Trustee or director, Officer
2$400,000
JOHN FOREHANDBOARD MEMBER
Trustee or director
2$250,000
JOE KYSERBOARD MEMBER
Trustee or director
2$229,167
DAVID UPTONHIGHEST COMPENSATED EMPLOYEE
Highest-paid employee
2$182,516
JOHN MILLERHIGHEST COMPENSATED EMPLOYEE
Highest-paid employee
2$172,231
CHRISTINE BULLARDHIGHEST COMPENSATED EMPLOYEE
Highest-paid employee
2$162,844
ELIZABETH BASICHSECRETARY
Trustee or director, Officer
2$154,688
MICHAEL NELSONTREASURER
Trustee or director, Officer
2$154,375
JOSEPH CARDONEHIGHEST COMPENSATED EMPLOYEE
Highest-paid employee
2$154,375
JOHN KEYERLEBERHIGHEST COMPENSATED EMPLOYEE
Highest-paid employee
2$153,360

Address and contacts

Address (IRS master file)
1660 INTERNATIONAL DR STE 850, MCLEAN, VA 22102-4887
In care of
% DAVID UPTON
Principal officer (990 for 2024)
MATTHEW CARPENTER, 1000 E PIONEER TRL, AURORA, OH 44202
Signed the 990
MICHAEL NELSON, TREASURER
Phone
(877) 829-5500
Website
ANDECO.ORG
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

ANDECO LEVERAGES EXPERIENCE IN COMMERCIAL INDUSTRY, ALONG WITH EXPERTISE IN GOVERNMENT CONTRACTING, TO ESTABLISH AND MANAGE A CONSORTIUM ENVIRONMENT WHERE THE U.S. GOVERNMENT AND INDUSTRY WORK JOINTLY WITH SPEED AND PRECISION. OUR FOCUS IS ON IDENTIFYING AND FULLY VETTING BEST IN CLASS DATA PROVIDERS WORKING IN ALL FACETS OF DATA COLLECTION AS POTENTIAL MEMBERS OF THE ADVANCED DATA CONSORTIUM.

990 for the year ended December 31, 2024

Program accomplishments

  • ANDECO LEVERAGES EXPERIENCE IN COMMERCIAL INDUSTRY, ALONG WITH EXPERTISE IN GOVERNMENT CONTRACTING, TO ESTABLISH AND MANAGE A CONSORTIUM ENVIRONMENT WHERE THE U.S. GOVERNMENT AND INDUSTRY WORK JOINTLY WITH SPEED AND PRECISION. OUR FOCUS IS ON IDENTIFYING AND FULLY VETTING BEST IN CLASS DATA PROVIDERS WORKING IN ALL FACETS OF DATA COLLECTION AS POTENTIAL MEMBERS OF THE ADVANCED DATA CONSORTIUM.
    Expenses $61,097,606 · revenue $69,105,617

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-2787128
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,076,158
Income (IRS master file)
$69,105,617

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$69,105,617$61,097,606$12,076,158IRS
990December 2023$59,053,115$59,045,375$3,850,830XML
990December 2022$40,662,169$40,660,461$10,033,016IRS
990December 2021$9,918,710$9,918,710$1,780,558IRS

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 86-2787128).

Questions about ANDECO INSTITUTE

What is the EIN of ANDECO INSTITUTE?
The employer identification number (EIN) of ANDECO INSTITUTE is 86-2787128.
Is ANDECO INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to ANDECO INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ANDECO INSTITUTE 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 ANDECO INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ANDECO INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ANDECO INSTITUTE?
The 990 for the year ended December 31, 2024 names MATTHEW CARPENTER.
Who are the officers and directors of ANDECO INSTITUTE?
The 990 for the year ended December 31, 2024 lists 10 people; 10 received compensation from the organization, the highest $425,000 (JOE KYSER, BOARD MEMBER).
How much revenue does ANDECO INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $69,105,617, expenses of $61,097,606 and total assets of $12,076,158 at year end.

Other nonprofits in MCLEAN

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