OREGON NANOSCIENCE AND MICROTECHNOLOGIES INSTITUTE

EIN: 202630181 501(c)(3) Education

CORVALLIS, OR

Total Revenue
$1,038,331
Total Expenses
$1,037,947
Total Assets
$2,803,112
Net Assets
$2,750,965
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
OR
Principal Officer
ROBERT SKIP RUNG
Phone
5417131331
Tax Period
2024-07-01 to 2025-06-30

OREGON NANOSCIENCE AND MICROTECHNOLOGIES INSTITUTE, founded in 2005, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $2.8M represent 32 months of operating reserves.

Mission

SUSTAIN AND EXTEND THE SUCCESS OF OREGON'S WORLD-LEADING HIGH TECHNOLOGY INDUSTRY CLUSTER AND OTHER EMPLOYMENT SECTORS WHICH CAN BENEFIT FROM THE USE OF ADVANCED NANO- AND MICRO-SCALE TECHNOLOGY BY DIRECTLY OR INDIRECTLY CREATING THE NEW AND REPLACEMENT HIGH-WAGE JOBS REQUIRED FOR OREGON'S ECONOMIC HEALTH IN THE FAST-CHANGING GLOBAL ECONOMY.

Program Service Accomplishments

Program 1
Expenses: $1,037,947 Revenue: $1,037,947

STATE OF OREGON CENTER OF INNOVATION EXCELLENCE PROGRAM - IDENTIFY AND INVEST IN PROMISING OREGON SCIENCE-BASED STARTUPS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,037,947
Program Service Revenue $0
Investment Income $384
Other Revenue $0
TOTAL REVENUE $1,038,331

Expense Breakdown

Grants Paid $0
Salaries & Benefits $214,824
Fundraising Expenses $0
Program Expenses $1,037,947
Other Expenses $823,123
TOTAL EXPENSES $1,037,947

Year-over-Year Comparison

2024 2023 Change
Revenue $1,038,331 $1,388,094 -0.3%
Expenses $1,037,947 $1,273,201 -0.2%
Net Income $384 $114,893 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
8

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$190,348
Total Directors
8
$108,590
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT SKIP RUNG PRES/EXEC DI 20.00
Officer Director
$108,590 $0 $108,590
DANIELLE Z CLAIR VP OPERATION 20.00
Officer
$81,758 $0 $81,758
TRAVIS COOK DIRECTOR 1.00
Director
$0 $0 $0
TODD MILLER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL O'HALLORAN DIRECTOR 1.00
Director
$0 $0 $0
NAOMI OAK DIRECTOR 1.00
Director
$0 $0 $0
STAR READ DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE DIXON THIESEN DIRECTOR 1.00
Director
$0 $0 $0
TRAVIS WOODLAND DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,038,331 $1,037,947 $2,803,112 $384
2024 $1,388,094 $1,273,201 $3,754,720 $114,893
2023 $1,573,401 $1,447,980 $3,736,450 $125,421
2022 $1,216,809 $1,000,467 $4,280,159 $216,342
2021 $947,444 $694,396 $2,752,989 $253,048
2020 $1,566,844 $958,893 $2,489,054 $607,951
2019 $1,194,178 $1,001,005 $2,514,191 $193,173
2018 $2,515,762 $2,467,314 $2,256,786 $48,448
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