North American Electric Reliability Corp
North American Electric Reliability Corp shows consistent revenue growth and asset accumulation with a steady financial surplus.
EIN: 204821888 · Washington, DC · NTEE: S41 · Updated: 2026-03-28
Is North American Electric Reliability Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North American Electric Reliability Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North American Electric Reliability Corp
North American Electric Reliability Corp (EIN: 204821888) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $113.9M and total assets of $113.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North American Electric Reliability Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North American Electric Reliability Corp is a major nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101.3M |
| Total Expenses | $98.9M |
| Surplus / Deficit | +$2.4M |
| Total Assets | $94.9M |
| Total Liabilities | $64.6M |
| Net Assets | $30.3M |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 68.1% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, North American Electric Reliability Corp reported a surplus of $2.4M with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 68.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), North American Electric Reliability Corp's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.9% | +13.4% | +10.9% |
| 2022 | +10.6% | +5.8% | +31.2% |
| 2021 | +0.4% | +7.7% | -4.4% |
| 2020 | +0.2% | -1.2% | +0.1% |
| 2019 | +11.3% | +7.7% | +8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North American Electric Reliability Corp with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, North American Electric Reliability Corp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 68.1%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Comp across all listed periods, which is highly unusual for an organization with over $100 million in annual revenue and suggests executive compensation may be reported in a different section of the 990 or structured in a way not captured by this summary metric.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of North American Electric Reliability Corp's IRS 990 filings:
- Unusual 0% officer compensation reported in summaries, requiring further investigation into full 990s for transparency.
Strengths
The following positive indicators were identified for North American Electric Reliability Corp:
- Consistent and strong revenue growth over a decade.
- Healthy and growing asset base, more than doubling since 2014.
- Consistent operational surplus, indicating sound financial management.
- Expenses generally align with revenue, suggesting efficient resource deployment.
Frequently Asked Questions about North American Electric Reliability Corp
Is North American Electric Reliability Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, North American Electric Reliability Corp (EIN: 204821888) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does North American Electric Reliability Corp spend its money?
North American Electric Reliability Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North American Electric Reliability Corp tax-deductible?
North American Electric Reliability Corp is registered as a tax-exempt nonprofit (EIN: 204821888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is NERC financially stable?
Yes, NERC demonstrates strong financial stability with consistent revenue growth from $58.7M in 2014 to $101.2M in 2023, and a healthy asset base that has nearly doubled over the same period.
How has NERC's revenue changed over time?
NERC's revenue has shown a consistent upward trend, increasing from $58,702,601 in 2014 to $101,252,176 in 2023, indicating strong financial growth.
What is NERC's asset growth like?
NERC's assets have grown significantly, from $51,177,783 in 2014 to $94,931,912 in 2023, reflecting a substantial increase in its financial resources.
Does NERC operate with a surplus or deficit?
NERC consistently operates with a surplus, as evidenced by its revenue exceeding expenses in most reported periods, such as $101.2M revenue vs. $98.8M expenses in 2023.
Is there transparency regarding executive compensation?
The provided summaries consistently show 0% for Officer Comp, which suggests that executive compensation details might require a deeper dive into the full 990 filings to understand how it is reported and structured.
Filing History
IRS 990 filing history for North American Electric Reliability Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North American Electric Reliability Corp's revenue has grown by 117.6%, moving from $46.5M to $101.3M. Total assets increased by 232% over the same period, from $28.6M to $94.9M. Total functional expenses rose by 105.3%, from $48.2M to $98.9M. In its most recent filing year (2023), North American Electric Reliability Corp reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $64.6M in liabilities against $94.9M in assets (debt-to-asset ratio: 68.1%), resulting in net assets of $30.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101.3M | $98.9M | $94.9M | $64.6M | — | — |
| 2022 | $90.5M | $87.2M | $85.6M | $58.1M | — | View 990 |
| 2021 | $81.8M | $82.4M | $65.2M | $40.4M | — | View 990 |
| 2020 | $81.4M | $76.5M | $68.2M | $43.1M | — | — |
| 2019 | $81.3M | $77.5M | $68.1M | $48.3M | — | View 990 |
| 2018 | $73.0M | $71.9M | $62.8M | $47.2M | — | View 990 |
| 2017 | $69.9M | $68.8M | $64.5M | $47.1M | — | — |
| 2016 | $66.3M | $63.7M | $72.9M | $56.8M | — | View 990 |
| 2015 | $63.3M | $62.3M | $55.0M | $41.6M | — | View 990 |
| 2014 | $58.7M | $54.6M | $51.2M | $38.7M | — | View 990 |
| 2013 | $50.5M | $54.3M | $36.5M | $28.1M | — | View 990 |
| 2012 | $53.7M | $52.9M | $38.9M | $26.7M | — | View 990 |
| 2011 | $46.5M | $48.2M | $28.6M | $17.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101.3M, expenses of $98.9M, and assets of $94.9M (revenue +11.9% year-over-year).
- 2022: Revenue of $90.5M, expenses of $87.2M, and assets of $85.6M (revenue +10.6% year-over-year).
- 2021: Revenue of $81.8M, expenses of $82.4M, and assets of $65.2M (revenue +0.4% year-over-year).
- 2020: Revenue of $81.4M, expenses of $76.5M, and assets of $68.2M (revenue +0.2% year-over-year).
- 2019: Revenue of $81.3M, expenses of $77.5M, and assets of $68.1M (revenue +11.3% year-over-year).
- 2018: Revenue of $73.0M, expenses of $71.9M, and assets of $62.8M (revenue +4.5% year-over-year).
- 2017: Revenue of $69.9M, expenses of $68.8M, and assets of $64.5M (revenue +5.3% year-over-year).
- 2016: Revenue of $66.3M, expenses of $63.7M, and assets of $72.9M (revenue +4.7% year-over-year).
- 2015: Revenue of $63.3M, expenses of $62.3M, and assets of $55.0M (revenue +7.9% year-over-year).
- 2014: Revenue of $58.7M, expenses of $54.6M, and assets of $51.2M (revenue +16.3% year-over-year).
- 2013: Revenue of $50.5M, expenses of $54.3M, and assets of $36.5M (revenue -6.1% year-over-year).
- 2012: Revenue of $53.7M, expenses of $52.9M, and assets of $38.9M (revenue +15.5% year-over-year).
- 2011: Revenue of $46.5M, expenses of $48.2M, and assets of $28.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North American Electric Reliability Corp:
Data Sources and Methodology
This transparency report for North American Electric Reliability Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.