Kinetic Research Corporation

Organization Overview

Kinetic Research Corporation is located in Dexter, MI. The organization was established in 2018. According to its NTEE Classification (H60) the organization is classified as: Allergy-Related Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kinetic Research Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Kinetic Research Corporation generated $584.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $644.8k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACQUISTION, INSTALLATION, TRAINING AND TUNING OF SPEE3D COLD SPRAY MACHINE.


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Board, Officers & Key Employees

Name (title)Compensation
Kent B Herrick
President
$2,000
Lisa Herrick Parker
President
$0
Michael A Indenbaum
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $91,227
Interest on Savings $12
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $493,001
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $584,240

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