Corporation For National Research Initiatives
- Assets
- $8.3m
- Revenue
- $3.1m
- Investments
- $163.5k
- Employees
- 14
- Location
- Reston, VA
- Founding
- 05/1991
- Data as of
- 12/2022
- EIN
- 52-1447747
Organization Overview
Corporation For National Research Initiatives is located in Reston, VA. The organization was established in 1991. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Corporation For National Research Initiatives employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corporation For National Research Initiatives 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 12/2022, Corporation For National Research Initiatives generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SCIENTIFIC RESEARCH IN INFORMATION PROCESSING; FOSTERING DEV. OF NAT'L INF. INFRA.
Describe the Organization's Program Activity:
DESIGN & DEVELOPMENT OF INFORMATION MANAGEMENT TECHNOLOGY - DESIGN, DEVELOP, TEST AND EVALUATE INFORMATION MANAGEMENT TECHNOLOGY IN SUPPORT OF INFORMATION INFRASTRUCTURE IN THE PUBLIC INTEREST.APPLICATIONS OF INFORMATION MANAGEMENT TECHNOLOGY - DEVELOP AND DEMONSTRATE ILLUSTRATIVE APPLICATIONS OF INFORMATION MANAGEMENT TECHNOLOGY, SUPPORT STANDARDS DEVELOPMENT, AND PROVIDE OTHER ASSISTANCE FOR ADOPTION AND USE OF THE TECHNOLOGY.
MEMS EXCHANGE - PROVIDE PROTOTYPE DESIGN AND FABRICATION SERVICES TO THE MEMS & NANOTECHNOLOGY RESEARCH AND DEVELOPMENT COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E Kahn President & CEO | OfficerTrustee | 27 | $224,728 |
Don E Detmer Director | Trustee | 1 | $4,000 |
Samuel H Fuller Director | Trustee | 1 | $4,000 |
Irving Wladawsky-Berger Director | Trustee | 1 | $4,000 |
Harold V Poor Director | Trustee | 1 | $3,000 |
Anita K Jones Director | Trustee | 1 | $3,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crowell Moring Llp Legal | 12/30/15 | $181,284 |
Law Offices Of Patrice Lyons Legal | 12/30/15 | $115,488 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,951,728 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $540,008 |
| Noncash contributions included in lines 1a–1f | $877,350 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,491,736 |
| Total Program Service Revenue | $1,122,732 |
| Investment income | $281 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$475,509 |
| Net Gain/Loss on Asset Sales | -$16,029 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,123,211 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,301,190 |
| Compensation of current officers, directors, key employees. | $844,738 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $418,760 |
| Pension plan accruals and contributions | $165,504 |
| Other employee benefits | $189,954 |
| Payroll taxes | $116,216 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $88,277 |
| Fees for services: Accounting | $111,948 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $105,261 |
| Advertising and promotion | $0 |
| Office expenses | $92,125 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $337,876 |
| Travel | $7,055 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $231 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,824 |
| Insurance | $90,822 |
| All other expenses | $0 |
| Total functional expenses | $3,267,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $1,013,446 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $178,146 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $135,281 |
| Net Land, buildings, and equipment | $6,155,971 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $163,517 |
| Investments—program-related | $0 |
| Intangible assets | $691,299 |
| Other assets | $0 |
| Total assets | $8,338,160 |
| Accounts payable and accrued expenses | $1,208,226 |
| Grants payable | $0 |
| Deferred revenue | $269,943 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,713,853 |
| Total liabilities | $6,192,022 |
| Net assets without donor restrictions | $2,146,138 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,338,160 |