Nrel Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,370,193 | 754 | 1,369,439 | 21794.8 | 0% |
| 2022 | 5,833,953 | 6,336,950 | −502,997 | 1.5 | 1% |
| 2023 | 5,387,438 | 4,870,258 | 517,180 | 3.3 | 3% |
In its most recent public year (2023), this organization brought in $517,180 more than it spent. Its reserves stood at about 3.3 months of spending, down from 21794.8 in 2021. Staff pay was 3% of spending. $1,333,622 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Nrel Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works