THE FOUNDATION FOR NATURAL RESOURCES AND ENERGY LAW

EIN: 846037688 501(c)(3) Environment

BROOMFIELD, CO

Total Revenue
$3,198,459
Total Expenses
$3,177,989
Total Assets
$23,440,006
Net Assets
$23,440,006
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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
1955
Legal Domicile
CO
Principal Officer
DAVID A RITCHIE
Phone
3033218100
Tax Period
2023-01-01 to 2023-12-31

THE FOUNDATION FOR NATURAL RESOURCES AND ENERGY LAW, founded in 1955, is a community nonprofit in the Environment sector that reported $3.2M in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Net assets of $23.4M represent 88 months of operating reserves.

Mission

COLLABORATIVE SCHOLARLY AND PRACTICAL NATURAL RESOURCES LEGAL EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $728,009
Program Service Revenue $1,457,819
Investment Income $959,279
Other Revenue $53,352
TOTAL REVENUE $3,198,459

Expense Breakdown

Grants Paid $359,125
Salaries & Benefits $1,333,280
Fundraising Expenses $0
Program Expenses $2,536,846
Other Expenses $1,485,584
TOTAL EXPENSES $3,177,989

Year-over-Year Comparison

2023 2022 Change
Revenue $3,198,459 $5,007,728 -0.4%
Expenses $3,177,989 $3,331,294 0.0%
Net Income $20,470 $1,676,434 -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
12
Independent Members
12
Employees
12
Volunteers
890

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
5
$309,825
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHAEL E SALCIDO PRES. (THRU 7/22/23), PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
JOLISA M DOBBS VP (THRU 7/22/23), PRESIDENT 1.00
Officer Director
$0 $0 $0
CARLOS VILHENA SECRETARY (THRU 7/22/23) 1.00
Officer Director
$0 $0 $0
CONNIE L ROGERS TREASURER (THRU 7/22/23) 1.00
Officer Director
$0 $0 $0
JARED A HEMBREE MEMBER-AT-LARGE (THRU 7/22/23) 1.00
Director
$0 $0 $0
PHILIP C LOWE MEMBER-AT-LARGE (THRU 7/22/23) 1.00
Director
$0 $0 $0
ROBERT C MATHES MEMBER-AT-LARGE 1.00
Director
$0 $0 $0
PATRICIA NUNEZ MEMBER-AT-LARGE 1.00
Director
$0 $0 $0
NORA R PINCUS MEMBER-AT-LARGE (THRU 7/22/23) 1.00
Director
$0 $0 $0
BRUCE F RUDOY MEMBER-AT-LARGE 1.00
Director
$0 $0 $0
SCOT W ANDERSON PAST PRESIDENT 1.00
Director
$0 $0 $0
STUART R BUTZIER PAST PRESIDENT (THRU 7/22/23) 1.00
Director
$0 $0 $0
MICHAEL J BOURASSA VICE PRESIDENT (BEG 7/22/23) 1.00
Director
$0 $0 $0
JANA L GRAUBBERGER SECRETARY (BEG 7/22/23) 1.00
Director
$0 $0 $0
KATHLEEN C SCHRODER TREASURER (BEG 7/22/23) 1.00
Director
$0 $0 $0
ELIZABETH A RYAN MEMBER-AT-LARGE (BEG 7/22/23) 1.00
Director
$0 $0 $0
AMY E SENESHEN MEMBER-AT-LARGE (BEG 7/22/23) 1.00
Director
$0 $0 $0
PILAR M THOMAS MEMBER-AT-LARGE (BEG 7/22/23) 1.00
Director
$0 $0 $0
DAVID A RITCHIE EXECUTIVE DIRECTOR 40.00
Officer
$283,000 $26,825 $309,825
JALEEN W EDWARDS ASSOCIATE DIRECTOR 40.00
Highest
$133,000 $19,841 $152,841
MELISSA L MAGEE ASSOCIATE DIRECTOR 40.00
Highest
$137,000 $19,889 $156,889
RYAN A MINTON DIRECTOR OF PUBLICATIONS 40.00
Highest
$115,500 $17,600 $133,100
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
2024 No data No data No data No data
2023 $3,198,459 $3,177,989 $23,440,006 $20,470
2022 $5,007,728 $3,331,294 $22,939,389 $1,676,434
2021 $4,924,384 $2,603,697 $21,262,955 $2,320,687
2020 $2,704,948 $2,703,031 $19,221,257 $1,917
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