Science & Technology
(U40)
990 on File
WIRELESS RESEARCH CENTER OF NORTH CAROLINA
Financial strength (30%)
72/100
Reliability (20%)
50/100
Effectiveness (25%)
82/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$3.7M
Total Revenue
$3.7M
Total Expenses
$-1,209,250
Net Assets
28
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.6%
Fundraising Efficiency
N/A
Operating Reserve
-3.93x
Liability-to-Asset
265.5%
Revenue Diversification
68.1%
Executive Compensation
$237K
Compared with Peers
FY 2024
Compared with 333 similar organizations
(United States, Science & Technology, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.6% | 83.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.4% | 13.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.9% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-3.9 mo | 9.0 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
265.5% | 14.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.1% | 91.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
3.6% | 11.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-14.7% | 8.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.3% | 1.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $3.7M | $3.7M | $-1,209,250 | 79.6% | 28 |
| 2023 | $3.6M | $4.3M | $-990,533 | 79.2% | 38 |
| 2022 | $4.3M | $4.8M | $-539,258 | 79.7% | 31 |
| 2021 | $4.1M | $4.1M | N/A | — | 29 |
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