THE KRELL INSTITUTE

EIN: 421457548 501(c)(3) Education

AMES, IA

Total Revenue
$19,953,360
Total Expenses
$19,931,630
Total Assets
$3,756,756
Net Assets
$863,188
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
DE
Principal Officer
SHELLY OLSAN
Phone
5159563696
Tax Period
2024-10-01 to 2025-09-30

THE KRELL INSTITUTE, founded in 1996, is a mid-sized nonprofit in the Education sector that reported $20.0M in total revenue in fiscal year 2024.

Mission

TO PROMOTE THE APPLICATION OF MODERN COMPUTING, COMMUNICATION, AND INFORMATION TECHNOLOGIES TO NATIONAL PRIORITIES.

Program Service Accomplishments

Program 1
Expenses: $14,412,472

THE DEPARTMENT OF ENERGY COMPUTATIONAL SCIENCE GRADUATE FELLOWSHIP PROGRAM SELECTS HIGHLY QUALIFIED STUDENTS AND SUPPORTS THEIR RESEARCH AND ACADEMIC STUDY FOR UP TO FOUR YEARS OF THEIR PHD GRADUATE...

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THE DEPARTMENT OF ENERGY COMPUTATIONAL SCIENCE GRADUATE FELLOWSHIP PROGRAM SELECTS HIGHLY QUALIFIED STUDENTS AND SUPPORTS THEIR RESEARCH AND ACADEMIC STUDY FOR UP TO FOUR YEARS OF THEIR PHD GRADUATE WORK IN A COMPUTATIONAL SCIENCE AND ENGINEERING DISCIPLINE AREA THAT IS IMPORTANT TO THE UNITED STATES DEPARTMENT OF ENERGY'S OFFICE OF SCIENCE AND NATIONAL NUCLEAR SECURITY ADMINISTRATION. THE DOE CSGF FELLOWS MUST COMPLETE A PROGRAM OF STUDY AT A UNITED STATES RESEARCH UNIVERSITY, SPEND AT LEAST TWELVE CONSECUTIVE WEEKS AT A DEPARTMENT OF ENERGY LABORATORY WORKING ON A RESEARCH PROJECT OF IMPORTANCE TO THE NATION, AND ATTEND AN ANNUAL PROGRAM REVIEW TO SHARE THEIR RESEARCH EXPERIENCE WITH OTHER STUDENTS IN THE DOE COMPUTATIONAL SCIENCE GRADUATE FELLOWSHIP PROGRAM AND WITH DEPARTMENT OF ENERGY HEADQUARTERS AND LABORATORY RESEARCH STAFF. DURING FY2025, 42 FELLOWS COMPLETED A RESEARCH PRACTICUM, AND 30 STUDENTS WERE SELECTED TO RECEIVE FELLOWSHIPS, BRINGING THE CURRENT NUMBER OF FELLOWS IN THE PROGRAM TO 140. FELLOWS ARE ENROLLED AT 48 DIFFERENT RESEARCH UNIVERSITIES IN THE UNITED STATES. OF THE 28 FELLOWS WHO COMPLETED THEIR FELLOWSHIP DURING THE FISCAL YEAR, ALL HAVE SELF-REPORTED THAT THEY ARE CONTINUING WORK ON THEIR PHD, ARE POST-DOCTORAL STUDENTS OR HAVE GRADUATED AND ARE WORKING. SELF-REPORTED EMPLOYMENT SHOWED THAT 14% OF DOE CSGF ALUMNI ARE CURRENTLY EMPLOYED AT DOE LABORATORIES.

Program 2
Expenses: $3,912,498

THE STEWARDSHIP SCIENCE GRADUATE FELLOWSHIP (SSGF) PROGRAM SELECTS HIGHLY QUALIFIED STUDENTS IN STEWARDSHIP SCIENCE DISCIPLINES THAT ARE IMPORTANT TO THE UNITED STATES DEPARTMENT OF ENERGY'S NATIONAL...

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THE STEWARDSHIP SCIENCE GRADUATE FELLOWSHIP (SSGF) PROGRAM SELECTS HIGHLY QUALIFIED STUDENTS IN STEWARDSHIP SCIENCE DISCIPLINES THAT ARE IMPORTANT TO THE UNITED STATES DEPARTMENT OF ENERGY'S NATIONAL NUCLEAR SECURITY ADMINISTRATION. STEWARDSHIP SCIENCE INCLUDES AREAS OF STUDY RELATIVE TO HIGH ENERGY DENSITY PHYSICS, NUCLEAR SCIENCE, MATERIALS UNDER EXTREME CONDITIONS, AND HYDRODYNAMICS. THE FELLOWS COMPLETE A PROGRAM OF STUDY AT A UNITED STATES RESEARCH UNIVERSITY, SPEND AT LEAST TWELVE CONSECUTIVE WEEKS AT A DEPARTMENT OF ENERGY NATIONAL DEFENSE LABORATORY WORKING ON A RESEARCH PROJECT OF IMPORTANCE TO THE NATION, AND ATTEND AN ANNUAL SYMPOSIUM TO SHARE THEIR RESEARCH EXPERIENCE WITH OTHER STUDENTS IN THE STEWARDSHIP SCIENCE GRADUATE FELLOWSHIP PROGRAM AND WITH DEPARTMENT OF ENERGY HEADQUARTERS AND LABORATORY RESEARCH STAFF. DURING FY2025, FIVE FELLOWS COMPLETED THE PHD FELLOWSHIP PROGRAM AND ARE NOW EMPLOYED IN EITHER POSTDOCTORAL PROGRAMS, IN AN EDUCATIONAL FIELD, OR AT DEPARTMENT OF ENERGY LABORATORIES. FIVE NEW STUDENTS WERE SELECTED TO RECEIVE FELLOWSHIPS, BRINGING THE TOTAL NUMBER OF FELLOWS IN THE PROGRAM TO 20. SSGF FELLOWS WERE ENROLLED AT 12 DIFFERENT RESEARCH UNIVERSITIES IN THE UNITED STATES. THE DEPARTMENT OF ENERGY NATIONAL NUCLEAR SECURITY ADMINISTRATION LABORATORY RESIDENCY GRADUATE FELLOWSHIP (DOE NNSA LRGF) SELECTS AND SUPPORTS STUDENTS PURSUING A PH.D. IN AREAS OF ENGINEERING AND APPLIED SCIENCES, PHYSICS, MATERIALS AND MATHEMATICS AND COMPUTATIONAL SCIENCE THAT ADDRESS COMPLEX SCIENCE AND ENGINEERING PROBLEMS CRITICAL TO STEWARDSHIP SCIENCE. THE FELLOWS COMPLETE A PROGRAM OF STUDY AT A UNITED STATES RESEARCH UNIVERSITY, SPEND AT LEAST TWO TWELVE-WEEK RESIDENCIES AT A DEPARTMENT OF ENERGY NATIONAL DEFENSE LABORATORY WORKING ON A RESEARCH PROJECT OF IMPORTANCE TO THE NATION, AND ATTEND AN ANNUAL SYMPOSIUM TO SHARE THEIR RESEARCH EXPERIENCE WITH OTHER STUDENTS IN THE LABORATORY RESIDENCY GRADUATE FELLOWSHIP PROGRAM AND WITH DEPARTMENT OF ENERGY HEADQUARTERS AND LABORATORY RESEARCH STAFF.DURING FY2025, SIX NEW STUDENTS WERE SELECTED TO RECEIVE FELLOWSHIPS, BRINGING THE TOTAL NUMBER OF FELLOWS IN THE PROGRAM TO 18. FOUR FELLOWS COMPLETED THE PHD FELLOWSHIP PROGRAM AND ARE NOW EMPLOYED AT DEPARTMENT OF ENERGY LABORATORIES, IN ACADEMIA, WITHIN NNSA, OR IN INDUSTRY. DURING THIS TIME, LRGF FELLOWS WERE ENROLLED AT 12 DIFFERENT RESEARCH UNIVERSITIES IN THE UNITED STATES.

Program 3
Expenses: $28,109 Revenue: $28,586

THE COMMUNICATION PROJECT DEVELOPS AND PROVIDES ACCESSIBLE, CONCISE, AND SCIENTIFICALLY ACCURATE PRESENTATIONS OF THE RESEARCH SUPPORTED BY THE DEPARTMENT OF ENERGY (DOE) AT DOE LABORATORIES, AT...

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THE COMMUNICATION PROJECT DEVELOPS AND PROVIDES ACCESSIBLE, CONCISE, AND SCIENTIFICALLY ACCURATE PRESENTATIONS OF THE RESEARCH SUPPORTED BY THE DEPARTMENT OF ENERGY (DOE) AT DOE LABORATORIES, AT UNIVERSITIES, AND IN INDUSTRY. IT ALSO STUDIES HOW THE COMMUNICATION OF COMPUTATIONAL SCIENCE AND ENGINEERING RESEARCH IS BEST FRAMED AND DISSEMINATED TO THE PUBLIC SECTOR AND TO EDUCATIONAL INSTITUTIONS.

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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 $19,894,757
Program Service Revenue $28,586
Investment Income $30,017
Other Revenue $0
TOTAL REVENUE $19,953,360

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,617,754
Fundraising Expenses $0
Program Expenses $18,353,079
Other Expenses $17,313,876
TOTAL EXPENSES $19,931,630

Year-over-Year Comparison

2024 2023 Change
Revenue $19,953,360 $18,941,044 +0.1%
Expenses $19,931,630 $18,912,741 +0.1%
Net Income $21,730 $28,303 -0.2%
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
3
Independent Members
3
Employees
25
Volunteers
100

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
3
$882,285
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BUDDY BECK BOARD CHAIR 1.00
Director
$0 $0 $0
ALLAN BURMAN DIRECTOR 0.50
Director
$0 $0 $0
DONA CRAWFORD DIRECTOR 0.50
Director
$0 $0 $0
SHELLY OLSAN PRESIDENT 40.00
Officer
$323,220 $71,148 $394,368
BETH BROSNAHAN DIRECTOR OF FINANCE & ADMIN 40.00
Officer
$200,971 $58,493 $259,464
NAZANIN IMANI DIRECTOR OF TECHNOLOGY 40.00
Officer
$194,132 $34,321 $228,453
BILL CANNON DIRECTOR OF COMMUNICATIONS 40.00
Highest
$159,016 $38,491 $197,507
ROB PEARSON SENIOR NETWORK ADMINISTRATOR 40.00
Highest
$126,506 $16,854 $143,360
MAT WYMORE SENIOR DEV OPS ENGINEER 40.00
Highest
$123,949 $45,007 $168,956
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 $19,953,360 $19,931,630 $3,756,756 $21,730
2024 $18,941,044 $18,912,741 $2,828,785 $28,303
2023 $16,793,664 $16,780,679 $2,414,467 $12,985
2022 $14,305,955 $14,304,338 $2,185,280 $1,617
2021 $12,364,175 $12,357,371 $2,050,031 $6,804
2020 $11,401,169 $11,393,156 $2,955,771 $8,013
2019 $11,633,545 $11,651,994 $2,659,873 $-18,449
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