Houston Advanced Research Center
- Assets
- $7.4m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 37
- Location
- The Woodlands, TX
- Founding
- 07/1983
- Data as of
- 12/2022
- EIN
- 76-0038315
Organization Overview
Houston Advanced Research Center is located in The Woodlands, TX. The organization was established in 1983. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 12/2022, Houston Advanced Research Center employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Advanced Research Center 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, Houston Advanced Research Center generated $5.5m 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 (3.2%) each year. All expenses for the organization totaled $6.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INDEPENDENT ANALYSIS ON ENERGY, AIR, AND WATER ISSUES TO THOSE SEEKING SCIENTIFIC ANSWERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HARC'S ENERGY RESEARCH PROGRAM INCLUDES IDENTIFYING AND SUPPORTING COST-EFFECTIVE, PRACTICAL ENERGY SOLUTIONS TO SPEED THE TRANSITION TO A DECARBONIZED SYSTEM. MAKING THE TRANSITION TO CLEAN ENERGY WILL REQUIRE A COORDINATED EFFORT LED BY NON-PARTISAN ENTITIES. HARC'S CONTINUED EFFORT WILL GUIDE POLICYMAKERS AND INDUSTRY LEADERS TOWARD IMPROVEMENTS IN AREAS SUCH AS ELECTRIC POWER RESILIENCE, ENERGY EFFICIENCY, DISTRIBUTED ENERGY RESOURCES, AND LOW IMPACT OIL AND GAS EXPLORATION.(CONTINUED ON SCHEDULE O)THE KEY RESEARCH OBJECTIVES OF THE ENERGY RESEARCH PROGRAM ARE: - ACCELERATE THE ADOPTION OF RESILIENT CLEAN ENERGY TECHNOLOGIES.- PROVIDE APPLIED RESEARCH TO INCREASE THE IMPLEMENTATION OF CLEAN ENERGY POLICIES.- CREATE SOLUTIONS THAT LESSEN THE ENVIRONMENTAL AND SOCIAL IMPACTS OF OIL AND GAS DEVELOPMENT.
HARC'S WATER RESEARCH PROGRAM EMPHASIZES WATER QUALITY AND QUANTITY, WATERSHED MANAGEMENT, BIODIVERSITY AND ECOLOGICAL FUNCTION, AND ECOSYSTEM INFORMATICS. HARC COMPILES AND ANALYZES NUMEROUS DATABASES DESCRIBING ENVIRONMENTAL QUALITY, BIOLOGICAL AND WATER RESOURCES, AND AQUATIC AND TERRESTRIAL HABITATS. INTEGRATION, ANALYSIS, AND DISSEMINATION OF INFORMATION REGARDING IMPORTANT WATER ISSUES IS CONSIDERED KEY TO ADVANCING MORE SUSTAINABLE MANAGEMENT OF COASTAL WATERSHEDS, WATER SUPPLIES, AND WATER QUALITY.(CONTINUED ON SCHEDULE O)THE KEY RESEARCH OBJECTIVES OF THE WATER RESEARCH PROGRAM ARE: - ANALYZE THE LINKS BETWEEN WATER RESEARCHERS, ECOSYSTEMS AND PEOPLE IN SUPPORT OF WATERSHED PLANNING, COASTAL MANAGEMENT, AND THE PROVISION OF ECOSYSTEM SERVICES.- PROVIDE APPLIED RESEARCH TO INCREASE THE IMPLEMENTATION OF CLEAN WATER QUALITY POLICIES.- DELIVER INFORMATION AND RESOURCES FOR THE GREATER REGION THROUGH TARGETED RESEARCH PROGRAMS.
HARC'S AIR QUALITY RESEARCH AND MANAGEMENT PROGRAM INCLUDES AIR QUALITY MODELING, EMISSION REDUCTION TECHNOLOGIES, EMISSIONS MONITORING TECHNOLOGY AND POLICY. IN ADDITION, RESEARCHERS STUDY REGIONAL IMPACTS OF AND ADAPTATIONS TO CLIMATE CHANGE. THE AIR RESEARCH PROGRAM IS MULTI-DISCIPLINARY AND MULTI-INSTITUTIONAL; OBJECTIVE AND NON-PARTISAN. THE RESULT IS A DYNAMIC PARTNERSHIP THAT INTEGRATES RIGOROUS RESEARCH AND POLICY ASSESSMENT IN A WAY THAT HAS BECOME A HARC TRADEMARK IN THE REGION.KEY RESEARCH OBJECTIVES:- ADVANCE THE SCIENCE OF REGIONAL AIR QUALITY MONITORING AND MODELING- DEVELOP EMISSIONS-REDUCING TECHNOLOGY- COMMUNICATE CLIMATE CHANGE SCIENCE AND POLICY
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 |
|---|---|---|---|
John L Hall President & CEO | OfficerTrustee | 40 | $287,993 |
J Todd Mitchell Chairman | OfficerTrustee | 10 | $0 |
Cullen Geiselman PHD Vice Chair | OfficerTrustee | 1 | $0 |
Ray Cline PHD Director | Trustee | 0.25 | $0 |
Margaret V Cox Director | Trustee | 0.25 | $0 |
Lisa A Gonzalez Director | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
South Central Ps For Energy Efficiency Energy Research | 12/30/22 | $180,172 |
Kse Holdings Llc Strategic Consulting | 12/30/22 | $150,000 |
Uh Division Of Research Energy Research | 12/30/22 | $100,797 |
Lehigh University Energy Research | 12/30/22 | $107,344 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,997,479 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,022,886 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,020,365 |
| Total Program Service Revenue | $509,684 |
| Investment income | $319 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $118 |
| Net Rental Income | $2,215 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,532,701 |
| 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. | $892,140 |
| Compensation of current officers, directors, key employees. | $492,084 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,725,044 |
| Pension plan accruals and contributions | $138,209 |
| Other employee benefits | $850,798 |
| Payroll taxes | $200,215 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,950 |
| Fees for services: Accounting | $60,322 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,758 |
| Advertising and promotion | $20,566 |
| Office expenses | $66,818 |
| Information technology | $119,670 |
| Royalties | $0 |
| Occupancy | $72,715 |
| Travel | $52,632 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,463 |
| Interest | $88 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $299,850 |
| Insurance | $62,397 |
| All other expenses | $0 |
| Total functional expenses | $6,337,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,716 |
| Pledges and grants receivable | $737,367 |
| 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 | $64,734 |
| Net Land, buildings, and equipment | $6,394,988 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $168,161 |
| Total assets | $7,372,966 |
| Accounts payable and accrued expenses | $680,801 |
| Grants payable | $0 |
| Deferred revenue | $280,448 |
| 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 | $0 |
| Total liabilities | $961,249 |
| Net assets without donor restrictions | $5,995,586 |
| Net assets with donor restrictions | $416,131 |
| 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 | $7,372,966 |