Skip to content
Nonprofiteer
← DRI RESEARCH FOUNDATION

Form 990 for tax year 2023

Filed by DRI RESEARCH FOUNDATION.

Totals

Total revenue
$2,796,938
Total expenses
$2,640,298
Contributions and grants received
$2,720,442
Grants paid
$2,433,688
Program service revenue
$0
Investment income
$76,496
Other revenue
$0
Total assets, end of year
$3,496,166
Total liabilities, end of year
$160,000
Net assets or fund balances, end of year
$3,336,166
Program services expenses (Part IX)
$2,433,688
Management and general expenses
$206,610
Fundraising expenses
$0
Program service expenses (Part III)
$2,433,688

Program services were 92.2% 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

    $2,720,442

  • 3 · Investment income

    total $76,496 · unrelated business $76,496

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,433,688 · program services $2,433,688

  • 11c · Fees: accounting

    total $15,500 · management and general $15,500

  • 11g · Fees: other

    total $157,185 · management and general $157,185

  • 13 · Office expenses

    total $24,146 · management and general $24,146

  • 23 · Insurance

    total $3,294 · management and general $3,294

  • 24a · Other expenses: PURCHASED SERVICES:REAL

    total $5,000 · management and general $5,000

  • 24b · Other expenses: LICENSE & FEES

    total $1,485 · management and general $1,485

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $108,963 · end of year $48,649

  • 2 · Savings and temporary cash investments

    beginning of year $1,392,924 · end of year $1,730,580

  • 9 · Prepaid expenses and deferred charges

    end of year $25,000

  • 10a · Land, buildings and equipment: cost or other basis

    $397,401

  • 10c · Land, buildings and equipment, net

    beginning of year $397,401 · end of year $397,401

  • 12 · Investments: other securities

    beginning of year $1,291,299 · end of year $1,291,299

  • 15 · Other assets

    beginning of year $0 · end of year $3,237

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,061 · end of year $0

  • 19 · Deferred revenue

    end of year $160,000

  • 25 · Other liabilities

    beginning of year $7,000 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $397,401 · end of year $397,401

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,782,125 · end of year $2,938,765

Mission and programs · 2023

Mission

THE TRUSTEES OF THE DRI FOUNDATION BUILD TRUSTWORTHY RELATIONSHIPS AND CREATE INNOVATIVE PROGRAMS TO SHOWCASE THE IMPACT OF DRI, ATTRACT FOLLOWERS, SUPPORTERS AND DONORS, AND EXPAND THE FUNDRAISING CAPACITY OF DRI.

Activities or mission (Part I)

TO PROMOTE THE WELFARE OF THE DESERT RESEARCH INSTITUTE.

  • TO PROVIDE SUPPORT FOR DESERT RESEARCH INSTITUTE (DRI), A DIVISION OF THE NEVADA SYSTEM OF HIGHER EDUCATION.

    Expenses $2,433,688 · Grants $2,433,688

As filed on the 2023 return.

Listed in Part VII

  • Nora James

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Mike Pequeen

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Beth Campbell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Doug Cannon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Linda Faiss

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Betsy Fretwell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Robert Gagosian

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lisa Gallagher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Julie Gilday-Shaffer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • James King

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Janet Lowe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Greg Matsunami

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Marybel Batjer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Terry Shirey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ronald Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Karen Wayland

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Zane Marshall

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Zimmerman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Yolanda King

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Richard Ditton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Bob McCart

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kristin McMillan Porter

    CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Stephanie Kruse

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • DESERT RESEARCH CORPORATION

    C · SCIENTIFIC RESEARCH & CONSULTING SERVICES · NV · 100% owned

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202413179349306101

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.