NREL FOUNDATION

GOLDEN, CO, 80401-1978 (720) 484-1867 Est. 2021 EIN 86-3498248

C35 - Energy Resources Conservation & Development 990 - Public charity return 501(c)(3)

Mission

The NREL Foundation advances an affordable and secure energy future by catalyzing NREL's world-class energy research and innovation capabilities.

Total Revenue

$2,070,681

Total Expenses

$2,168,774

Net Assets

$1,236,207

2 employees 3 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

6.8 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 61.6%

Expenses ↓ 55.5%

Revenue Sources

Contributions 95.7% Earned revenue 4.3%

Expense Breakdown

Program 91.0% Management 3.7% Fundraising 5.3%

Individual compensation is available on Grow plans.

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$2,070,681 ↓	$2,168,774	$1,236,207
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$5,387,438 ↓	$4,870,258	$1,333,622
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$5,833,953 ↑	$6,336,950	$816,442
2021 990 - Public charity return Mar 1, 2021 to Dec 31, 2021	$1,370,193	$754	$1,369,439