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Virginia · Nonprofit

NRECA RESEARCH

NRECA RESEARCH (Virginia) receives grants from 1 organization whose IRS filings report $483,277 to it, the largest being UNIVERSITY OF PITTSBURGH ($483,277). 1 of them have funded it in more than one year.

Revenue FY2024
$11M
Funders on record
1
Grants received
$483k
Net assets
$0
1/1 repeat funderspeak grant-dependency 2%
01What it does

What Nreca Research does

Mission

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.

As stated on its FY2024 Form 990.

Programs

  1. Research activities focused on improving cooperatives cybersecurity defensive measures to protect their cooperative and electrical infrastructure from cyber attacks and other malicious activities.

    $3,510,027 spent$2,413,430 earned by the program
    31% of program spending

  2. Research activities focused on improving member outreach and strategic initiatives

    $3,024,431 spent$3,024,431 earned by the program
    27% of program spending

  3. Research activities focused on improving data analytics, grid resilency and reliability

    $2,445,040 spent$818,554 earned by the program
    22% of program spending

  4. Research activities focused on renewable and distributed generation

    $1,129,305 spent$596,641 earned by the program
    10% of program spending

  5. Research activities focused on member resource adequacy programs.

    $634,346 spent$346,047 earned by the program
    6% of program spending

  6. Research activities focused on generation, environment and carbon

    $450,237 spent$355,527 earned by the program
    4% of program spending

  7. Research activities focused on transmission and distribution of electricity

    $111,700 spent$111,700 earned by the program
    1% of program spending

  8. Other research activities

    $37,038 spent$135,992 earned by the program
    0% of program spending

The 8 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $11,342,124.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($11M) Expenses 100 ($11M)2021 Revenue 123 ($14M) Expenses 123 ($14M)2022 Revenue 90 ($10.0M) Expenses 90 ($10.0M)2023 Revenue 103 ($11M) Expenses 103 ($11M)2024 Revenue 103 ($11M) Expenses 103 ($11M)
20202021202220232024
Revenue (103)Expenses (103)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.4M to $5.3M (+279%).

$1.4M
$5.3M
$2.3M
$2.9M
$2.9M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 39% · 2021 37% · 2022 33% · 2023 37% · 2024 32%. Grants only. Government contracts and fees sit inside program revenue.

32% of NRECA RESEARCH’s revenue is contributions — more donation-reliant than the typical peer (30% for the typical peer).

This organization
Typical peer · 286 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$0
’20
$0
’21
$0
’22
−$7k
’23
$17k
’24

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jim Matheson

President, CEO

As listed on its FY2024 Form 990.

20202021202220232024
Listed1011131111
Joined·+3+3+2+3
No longer listed·2143
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
'25*
total
University of Pittsburghunclassified
$483k
funders
1
1
1

From the IRS filings of NRECA RESEARCH’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

NRECA RESEARCH draws 100% of its grant income from funders outside Virginia, across 1 state in all.

PA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NRECA RESEARCH receives grants from 1 organization whose IRS filings report $483k to it.

Operating margin0% · below the median
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 269 public benefit nonprofits $10M–$100M, FY2024

Government funding NRECA RESEARCH receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $95.8M on record.

Federal$95.8M
grants $93.2Mcontracts $2.6M
19
20
21
22
23
24
25
26
Top agencies
  • Department of Energy$93.2M
  • Department of Defense$2.6M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NRECA RESEARCH

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nreca International94%National Rural Electric Cooperative Association85%Northern Neck Electric Cooperative82%Rappahannock Electric Cooperative81%Cecu Research Foundation81%American Ideas and Designs Inc D/B/A Greening America81%National Waste & Recycling Association81%Community Electric Cooperative80%

Nationally

Nreca International94%National Community Reinvestment Coalition Inc85%New Mexico Rural Electric Cooperative Association Inc85%National Rural Electric Cooperative Association85%North American Electric Reliability Corp84%Poudre Valley Rea Inc84%National Association of Regulatory Utility Commissioners83%Midwest Renewable Energy Association Inc83%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

3
board members
0%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

VA

Part of a family of 10 related entities

  • Nat'L Rural Electric Cooperative Assoc · exempt
  • Nreca International · exempt
  • Glenn English Nat'L Leadership Coop Fdn · exempt
  • Nreca Wood Quality Control Inc · exempt
  • Cooperative Insurance Services · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for NRECA RESEARCH: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NRECA RESEARCH?
NRECA RESEARCH (Virginia) receives grants from 1 organization whose IRS filings report $483,277 to it, the largest being UNIVERSITY OF PITTSBURGH ($483,277). 1 of them have funded it in more than one year.
How many funders does NRECA RESEARCH have?
IRS filings report 1 organization giving $483,277 in grants to NRECA RESEARCH, 1 of which have funded it in more than one year.
Who is the largest funder of NRECA RESEARCH?
UNIVERSITY OF PITTSBURGH is the largest funder on record, with $483,277 in grants. The full list of funders is on this page.
How can an organization like NRECA RESEARCH find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Nreca Research →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing