NANOELECTRONICS RESEARCH CORPORATION

EIN: 202698055

DURHAM, NC

Total Revenue
$13,025
Total Expenses
$1,132,772
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
DE
Principal Officer
TODD YOUNKIN
Phone
9199419400
Tax Period
2019-01-01 to 2019-12-31

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.

Mission

NANOELECTRONICS RESEARCH CORPORATION (NERC) WAS FORMED TO ADMINISTER AND SUPPORT A UNIVERSITY BASED PROGRAM TO ADDRESS THE SCALING OF COMPLEMENTARY METAL OXIDE SEMICONDUCTOR (CMOS) LIMITS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $13,025
Other Revenue $0
TOTAL REVENUE $13,025

Expense Breakdown

Grants Paid $951,948
Salaries & Benefits $122,887
Fundraising Expenses $0
Other Expenses $57,937
TOTAL EXPENSES $1,132,772

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
$983,542
Total Directors
2
$983,542
Key Employees
1
$180,000
Highest Compensated
0
reported
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
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
2019 $13,025 $1,132,772 No data $-1,119,747
2018 $6,386 $1,483,511 $3,329,932 $-1,477,125
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NANOELECTRONICS RESEARCH CORPORATION with other nonprofits in North Carolina and across the country.