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NANOELECTRONICS RESEARCH CORPORATION

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Public nonprofit record

NANOELECTRONICS RESEARCH CORPORATION

EIN 20-2698055

What they do

SEE SCHEDULE O.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$13,025
Expenses$1,132,772
Annual shortfall $1,119,747 Expenses were higher than revenue for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Grants paid$8,489,038 · 749.4% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
Revenue$13,025
Expenses$1,132,772
Grants given$8,489,038
Average grant$292,725
Accounting fees$4,677
People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MR KENNETH HANSENPRESIDENT & CEO · 1 hrs/week $89,561Base $7,296 · Other $82,265
KAREN DI SPIGNACHIEF ACCOUNTING OFFICER · 1 hrs/week $83,131Base $5,742 · Other $77,389
AN CHENPROGRAM DIRECTOR · 6 hrs/week $27,870

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (3)

MR KENNETH HANSENPRESIDENT & CEO

KAREN DI SPIGNACHIEF ACCOUNTING OFFICER

AN CHENPROGRAM DIRECTOR

About this charity

Location
4819 EMPEROR BLVD Suite 300, DURHAM, NC 27703
County
Durham
In care of
TODD YOUNKIN
Primary officer
TODD YOUNKIN, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2019
Tax period began
January 1, 2019
Return type
990
Tax preparer
BDO USA LLP
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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