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← FOUNDATION FOR THE NATIONAL LABORATORY OF THE ROCKIES

Form 990 for tax year 2022

Filed by FOUNDATION FOR THE NATIONAL LABORATORY OF THE ROCKIES.

Totals

Total revenue
$5,833,953
Total expenses
$6,336,950
Contributions and grants received
$5,639,453
Grants paid
$249,249
Program service revenue
$194,500
Investment income
$0
Other revenue
$0
Total assets, end of year
$816,894
Total liabilities, end of year
$452
Net assets or fund balances, end of year
$816,442
Program services expenses (Part IX)
$6,212,914
Management and general expenses
$104,278
Fundraising expenses
$19,758
Program service expenses (Part III)
$6,212,914

Program services were 98.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,639,453

  • 2a · Program service revenue: FOUNDATION ADMINISTRAT

    total $194,500 · related or exempt $194,500

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $239,219 · program services $239,219

  • 3 · Grants to foreign organizations and individuals

    total $10,030 · program services $10,030

  • 5 · Compensation of officers, directors and key employees

    total $90,813 · management and general $72,650 · fundraising $18,163

  • 10 · Payroll taxes

    total $7,977 · management and general $6,382 · fundraising $1,595

  • 13 · Office expenses

    total $2,387 · program services $65 · management and general $2,322

  • 16 · Occupancy

    total $193 · management and general $193

  • 17 · Travel

    total $4,391 · program services $4,391

  • 23 · Insurance

    total $1,564 · management and general $1,564

  • 24a · Other expenses: CONTRACT AND PROFESSION

    total $5,906,954 · program services $5,885,985 · management and general $20,969

  • 24b · Other expenses: ENTERTAINMENT

    total $55,185 · program services $54,987 · management and general $198

  • 24c · Other expenses: GRANT EXPENSES

    total $18,237 · program services $18,237

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $369,439 · end of year $816,244

  • 2 · Savings and temporary cash investments

    end of year $650

  • 4 · Accounts receivable

    beginning of year $1,000,000

  • 17 · Accounts payable and accrued expenses

    end of year $452

  • 27 · Net assets without donor restrictions

    beginning of year $1,369,439 · end of year $210,283

  • 28 · Net assets with donor restrictions

    end of year $606,159

Mission and programs · 2022

Mission

THE NREL FOUNDATION SEEKS TO SUPPORT THE UNIQUE TALENT AT NREL AND OTHER ORGANIZATIONS TO ACCELERATE THE DEVELOPMENT AND COMMERCIALIZATION OF MODERN ENERGY TECHNOLOGIES AND SOLUTIONS THAT PROMOTE ELECTRIFICATION, DECARBONIZATION, AND CLEAN AIR.

Activities or mission (Part I)

THE NREL FOUNDATION SERVES AS A BRIDGE BETWEEN THE NATIONAL RENEWABLE ENERGY LABORATORY (NREL) AND FINANCIAL RESOURCES, TO HELP ACCELERATE THE RENEWABLE ENERGY MISSION.

  • NREL FOUNDATION IS DEDICATED TO SUPPORTING THE UNIQUE TALENT AT NREL AND OTHER ORGANIZATIONS TO ACCELERATE THE DEVELOPMENT AND COMMERCIALIZATION OF MODERN ENERGY TECHNOLOGIES AND SOLUTIONS THAT PROMOTE ELECTRIFICATION, DECARBONIZATION, AND CLEAN AIR. THE FOUNDATION ALSO SERVES AS A BRIDGE BETWEEN THE NATIONAL RENEWABLE ENERGY LABORATORY (NREL) AND FINANCIAL RESOURCES TO HELP ACCELERATE THE RENEWABLE ENERGY MISSION ADVANCED BY NREL (AND LIKE-MINDED ORGANIZATIONS) AND PROVIDE A MORE FLEXIBLE OPERATING PLATFORM FOR THE NREL LABORATORY. BY AGGREGATING FUNDING IN THE FORM OF GRANTS FROM DISPARATE SOURCES TO SUPPORT THE PROGRAMS OF NREL AND THE DEPARTMENT OF ENERGY, ITS AFFILIATES AND SIMILAR ORGANIZATIONS, THE NREL FOUNDATION WILL FILL THE GAP IN THE CURRENT ADVANCED ENERGY, CLEANTECH ECOSYSTEM BY SERVING AS A FORCE MULTIPLIER FOR NREL'S MISSION. THE NREL FOUNDATION FUNDED WINNERS FROM THE AMERICAN-MADE CHALLENGES: SOLAR DESALINATION PRIZE AND WAVES TO WATER PRIZES ARE DESIGNED TO ACCELERATE THE DEVELOPMENT OF NEW TECHNOLOGY. COMPETITORS RECEIVE CASH PRIZES AS THEY ADVANCE THROUGH EACH STAGE.

    Expenses $6,212,914 · Grants $249,249 · Revenue $194,500

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alan Simon

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

  • Mary Wenzel

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Barbara Goodman

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Kristin Gray

    EXECUTIVE DIRECTOR

    Total calculated
    $90,813
    From this org
    $90,813
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
12 October 2023
IRS schema version
2022v5.0
Source object
202342859349301979

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