Resources For The Future Inc
- Assets
- $81.9m
- Revenue
- $13.7m
- Investments
- $791.3k
- Employees
- 99
- Location
- Washington, DC
- Founding
- 02/1984
- Data as of
- 09/2023
- EIN
- 53-0220900
Organization Overview
Resources For The Future Inc is located in Washington, DC. The organization was established in 1984. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 09/2023, Resources For The Future Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resources For The Future Inc 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 09/2023, Resources For The Future Inc generated $13.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $17.2m during the year ending 09/2023. While expenses have increased by 2.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE ENVIRONMENTAL, ENERGY, AND NATURAL RESOURCE DECISIONS THROUGH IMPARTIAL ECONOMIC RESEARCH AND POLICY ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESIGNING SMART EMISSIONS REDUCTION STRATEGIES: RFF CREATES CLIMATE SOLUTIONS THAT ARE EFFECTIVE, EFFICIENT, EQUITABLE, BENEFICIAL TO THE ECONOMY, AND ABLE TO ACHIEVE NET-ZERO EMISSIONS GOALS-FROM ECONOMY-WIDE SOLUTIONS THAT SEND CONSISTENT ECONOMIC SIGNALS TO THE MARKETPLACE TO SECTOR-SPECIFIC STRATEGIES FOR ALL MAJOR AREAS OF THE ECONOMY.
CONFRONTING RISKS AND BUILDING RESILIENCE: RFF EVALUATES THE PHYSICAL AND ECONOMIC IMPACTS OF CLIMATE CHANGE, USING DATA TO ASSESS RISKS AND UNCERTAINTIES AT GLOBAL, NATIONAL, SECTORAL, AND LOCAL SCALES, TO ENSURE THAT GLOBAL DECISION MAKERS ARE EQUIPPED WITH THE INFORMATION THEY NEED TO BUILD RESILIENCE IN THEIR COMMUNITIES.
COMMUNICATIONS: DISSEMINATION OF RESEARCH RESULTS IN THE FORM OF RESEARCH PUBLICATIONS, RESOURCES MAGAZINE, RESOURCES RADIO, THE RFF WEBSITE, AND OTHER METHODS. COMMUNICATIONS ACTIVITIES ADVANCE RFF'S REPUTATION FOR INDEPENDENT RESEARCH AND NONPARTISANSHIP WHILE INFORMING AND SHAPING PUBLIC DEBATE. RESEARCH PUBLICATIONS DISSEMINATED INCLUDE WORKING PAPERS, REPORTS, ISSUE BRIEFS, DATA TOOLS, AND RESEARCH FINDINGS IN PEER-REVIEWED JOURNALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan F Tierney Chair Of The Board | Trustee | 1 | $0 |
Anthony Bernhardt Co-Vice Chair Of The Board | Trustee | 1 | $0 |
Robert N Stavins Co-Vice Chair Of The Board | Trustee | 1 | $0 |
James K Asselstine Chair, Nominating And Governance Committee | Trustee | 1 | $0 |
Vicky A Bailey Board Director | Trustee | 1 | $0 |
Janet Clark Board Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Occasions Caterers Inc Catering Services | 9/29/23 | $114,466 |
Vault Consulting Llc Accounting & Hr Services | 9/29/23 | $780,232 |
Rsm Cyber Security Services | 9/29/23 | $106,853 |
David Wear Research Consultant | 9/29/23 | $151,013 |
Creative Video Of Washington Inc Videography Services | 9/29/23 | $112,120 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,546,639 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,207,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,753,644 |
| Total Program Service Revenue | $0 |
| Investment income | $784,956 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$377,097 |
| Net Gain/Loss on Asset Sales | -$424,509 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,736,994 |
| 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 | $115,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,860,692 |
| Compensation of current officers, directors, key employees. | $387,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,283,264 |
| Pension plan accruals and contributions | $959,198 |
| Other employee benefits | $887,252 |
| Payroll taxes | $582,725 |
| Fees for services: Management | $223,235 |
| Fees for services: Legal | $44,690 |
| Fees for services: Accounting | $658,111 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $186,835 |
| Fees for services: Other | $0 |
| Advertising and promotion | $77,718 |
| Office expenses | $126,778 |
| Information technology | $391,173 |
| Royalties | $0 |
| Occupancy | $775,006 |
| Travel | $522,346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $364,447 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $162,681 |
| Insurance | $60,091 |
| All other expenses | $0 |
| Total functional expenses | $17,236,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,071,388 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,458,240 |
| Accounts receivable, net | $0 |
| 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 | $267,884 |
| Net Land, buildings, and equipment | $20,241,483 |
| Investments—publicly traded securities | $53,151,670 |
| Investments—other securities | $791,281 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,879,405 |
| Total assets | $81,861,351 |
| Accounts payable and accrued expenses | $2,330,918 |
| Grants payable | $0 |
| Deferred revenue | $414,227 |
| Tax-exempt bond liabilities | $21,052,294 |
| 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 | $332,929 |
| Total liabilities | $24,130,368 |
| Net assets without donor restrictions | $45,485,670 |
| Net assets with donor restrictions | $12,245,313 |
| 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 | $81,861,351 |