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Nreca Research

EIN 84-2724646 · Arlington, VA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak43 out of 100GovernanceGood80 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF NRECA RESEARCH IS TO ENGAGE IN PRIVATELY FUNDED SCIENTIFIC RESEARCH ACTIVITIES FOCUSED ON SUPPORTING, SUSTAINING, AND IMPROVING THE ELECTRICAL GRID OF THE FUTURE.

Income
$11.4 million
Spending
$11.4 million
Spent on programs
99%
Reserves
0 months of spending
Largest source of income
fees for its services, 68%
Employees
0
Volunteers
0
Highest pay
$3.6 million, president, ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 43 out of 100. Higher than 10% of charities in its peer group (public benefit, $10m to $100m).

  • Reserves

    4 of 35

    Spendable reserves would cover -0.0 months of spending.

  • Debt

    2 of 20

    It owes 100% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 0% of income.

  • Income trend

    10 of 15

    Income fell 1% on the year before.

  • Spending floor

    15 of 15

    99% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 80 out of 100. Higher than 18% of charities in its peer group (public benefit, $10m to $100m).

  • Independent board

    5 of 25

    0 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (13)
  1. $3.5 million spent. RESEARCH ACTIVITIES FOCUSED ON IMPROVING COOPERATIVES CYBERSECURITY DEFENSIVE MEASURES TO PROTECT THEIR COOPERATIVE AND ELECTRICAL INFRASTRUCTURE FROM CYBER ATTACKS AND OTHER MALICIOUS ACTIVITIES.
  2. $3.0 million spent. RESEARCH ACTIVITIES FOCUSED ON IMPROVING MEMBER OUTREACH AND STRATEGIC INITIATIVES
  3. $2.4 million spent. RESEARCH ACTIVITIES FOCUSED ON IMPROVING DATA ANALYTICS, GRID RESILENCY AND RELIABILITY
  4. $1.1 million spent. RESEARCH ACTIVITIES FOCUSED ON RENEWABLE AND DISTRIBUTED GENERATION
  5. $634,346 spent. RESEARCH ACTIVITIES FOCUSED ON MEMBER RESOURCE ADEQUACY PROGRAMS.
  6. $450,237 spent. RESEARCH ACTIVITIES FOCUSED ON GENERATION, ENVIRONMENT AND CARBON
  7. $111,700 spent. RESEARCH ACTIVITIES FOCUSED ON TRANSMISSION AND DISTRIBUTION OF ELECTRICITY
  8. $37,038 spent. OTHER RESEARCH ACTIVITIES
  9. (Expenses $ 1,129,305 including grants of $)(Revenue $ 596,641) RESEARCH ACTIVITIES FOCUSED ON RENEWABLE AND DISTRIBUTED GENERATION
  10. (Expenses $ 634,346 including grants of $)(Revenue $ 346,047) RESEARCH ACTIVITIES FOCUSED ON MEMBER RESOURCE ADEQUACY PROGRAMS.
  11. (Expenses $ 450,237 including grants of $)(Revenue $ 355,527) RESEARCH ACTIVITIES FOCUSED ON GENERATION, ENVIRONMENT AND CARBON
  12. (Expenses $ 111,700 including grants of $)(Revenue $ 111,700) RESEARCH ACTIVITIES FOCUSED ON TRANSMISSION AND DISTRIBUTION OF ELECTRICITY
  13. (Expenses $ 37,038 including grants of $)(Revenue $ 135,992) OTHER RESEARCH ACTIVITIES

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.