DURHAM, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NANOELECTRONICS RESEARCH CORPORATION, founded in 2005, is a micro nonprofit that reported $13K in total revenue in fiscal year 2019. Revenue surged 104% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 8597% operating deficit.
NERC SUPPORTS AND ADMINISTERS A PROGRAM TO DEMONSTRATE NON-CONVENTIONAL, LOW-ENERGY TECHNOLOGIES WHICH CAN OUTPERFORM CMOS ON CRITICAL APPLICATIONS IN TEN YEARS AND BEYOND. THESE EXPLORATORY DEVICES AND CIRCUIT TECHNOLOGIES SHOULD SHOW SIGNIFICANT ADVANTAGES OVER ULTIMATE FETS IN POWER, PERFORMANCE, DENSITY AND/OR COST TO ENABLE THE SEMICONDUCTOR INDUSTRY TO EXTEND THE HISTORICAL COST AND PERFORMANCE TRENDS FOR INFORMATION TECHNOLOGY. TO MEET THESE GOALS, THE NANOELECTRONICS RESEARCH INITIATIVE PROGRAM (NRI) DEVICE RESEARCH IS FOCUSED ON DEVICE CONCEPTS WHICH OPERATE BY PHYSICAL PRINCIPLES VERY DIFFERENT FROM THOSE OF THE CONVENTIONAL FIELD-EFFECT TRANSISTOR. IN ADDITION, NRI IS STRONGLY FOCUSED ON NOVEL CIRCUITS AND ARCHITECTURES WHICH BEST EXPLOIT THE UNIQUE CHARACTERISTICS OF THE NEW DEVICES. FINALLY IT IS DESIRABLE THAT THESE TECHNOLOGIES BE CAPABLE OF INTEGRATING WITH CMOS, TO ALLOW EXPLOITATION OF THEIR POTENTIALLY COMPLEMENTARY FUNCTIONALITY IN HETEROGENEOUS SYSTEMS, AND TO ENABLE A SMOOTH TRANSITION TO A NEW SCALING PATH. PART III, LINE 3: All activities were discontinued and the entity was closed effective 12/30/2019. PART VI, LINE 4: Nanoelectronics Research Corporation's dissolution was authorized on December 17, 2019. All activities were discontinued and the entity was closed effective 12/30/2019. An additional DAY, THROUGH DECEMBER 31, 2019, Was UTILIZED TO WIND UP ORGANIZATIONAL AFFAIRS.
NERC HAD 8 ACTIVE CONTRACTS DURING 2019. ALL FUNDS ARE PAID TO ACCREDITED COLLEGES AND UNIVERSITIES TO CONTINUE RESEARCH IN THE AREA OF NANOELECTRONICS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $13,025 | $6,386 | +1.0% |
| Expenses | $1,132,772 | $1,483,511 | -0.2% |
| Net Income | $-1,119,747 | $-1,477,125 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MR KENNETH HANSEN | PRESIDENT & CEO | 1.0 |
Officer
Director
|
$7,296 | $82,265 | $738,745 |
| KAREN DI SPIGNA | CHIEF ACCOUNTING OFFICER | 1.0 |
Officer
Director
|
$5,742 | $77,389 | $244,797 |
| AN CHEN | PROGRAM DIRECTOR | 6.0 |
Key Emp
|
$27,870 | $0 | $180,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $13,025 | $1,132,772 | No data | $-1,119,747 |
| 2018 | $6,386 | $1,483,511 | $3,329,932 | $-1,477,125 |
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