Civic Intelligence

Nirs Research and Education Fund

EIN 32-0279201 • 501(c)3 • Washington, DC

Profile

To promote social welfare by conducting national research, education and outreach programs that foster a deep understanding of the value of retirement security in the US.

1612 K Street NW STE 500Washington, DC 20006
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.55x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.58x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

47th percentile

3.1%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

19th percentile

-6.6%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,203,727

Up $184,779 (+18%) from 2023

Liabilities

Up

$664,842

Up $146,462 (+28%) from 2023

Net Assets

Up

$538,885

Up $38,317 (+7.7%) from 2023

Revenue

Up

$1,140,348

Up $135,265 (+13%) from 2023

Expenses

Down

$1,104,466

Down $43,464 (-3.8%) from 2023

Net Income

Up

$35,882

Up $178,729 (+125%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2022: $1,379,950Liabilities 2022: $745,383Net Assets 2022: $634,5672022Assets 2023: $1,018,948Liabilities 2023: $518,380Net Assets 2023: $500,5682023Assets 2024: $1,203,727Liabilities 2024: $664,842Net Assets 2024: $538,8852024

Highlighted filing

2024

Assets$1,203,727
Liabilities$664,842
Net Assets$538,885

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2022: $1,623,911Expenses 2022: $973,012Net Income 2022: $650,8992022Revenue 2023: $1,005,083Expenses 2023: $1,147,930Net Income 2023: -$142,8472023Revenue 2024: $1,140,348Expenses 2024: $1,104,466Net Income 2024: $35,8822024

Highlighted filing

2024

Revenue$1,140,348
Expenses$1,104,466
Net Income$35,882

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 23, 2025
Return Version
2024v5.2
Gross Receipts
$1,140,348
Mission and Program Overview

Mission

To promote social welfare by conducting national research, education and outreach programs that foster a deep understanding of the value of retirement security in the US.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$501,132$498,889▼ $2,243
Cash and Non-Interest-Bearing Accounts$300,185$492,111▲ $191,926
Accounts Receivable-$30,000-
Land, Buildings, and Equipment, Net$17,882$13,697▼ $4,185
Prepaid Expenses and Deferred Charges$11,808$12,647▲ $839
Total Assets$1,018,948$1,203,727▲ $184,779
Other Assets Total$187,941$156,383▼ $31,558
Liabilities
Deferred Revenue$304,850$497,785▲ $192,935
Other Liabilities$184,390$133,570▼ $50,820
Accounts Payable and Accrued Expenses$29,140$33,487▲ $4,347
Total Liabilities$518,380$664,842▲ $146,462
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$500,568$538,885▲ $38,317
Total Net Assets Fund Balance$500,568$538,885▲ $38,317
Total Liabilities and Net Assets / Fund Balance$1,018,948$1,203,727▲ $184,779

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,697$58,347$72,044
Leasehold Improvements-$16,027$16,027
Other Assets Org$4,542--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel DoonanExecutive DirectorFT$242,476$7,871$250,347

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,090
Program Service Revenue
$1,113,388
Investment Income
$25,870
Other Revenue
$0
All Other Contributions
$1,090
Change in Net Assets
$35,882

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,140,348
Revenue Not Reported on Form 990
$2,435
Total Revenue per Audited Statements
$1,142,783
Total Revenue per Form 990
$1,140,348
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$598,041
Other Expenses$506,425
Total Fundraising Expense$107,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$188,290$38,167$27,989$254,446
Current Officers, Directors, Trustees, and Key Employees$179,432$36,372$26,672$242,476
Fees for Services Other$91,939$18,636$13,667$124,242
Conferences and Meetings$89,958--$89,958
Travel$48,862$9,905$7,263$66,030
Occupancy$41,687$8,450$6,197$56,334
Fees for Services Accounting$40,824$8,275$6,068$55,167
Pension Plan Contributions$39,207$7,947$5,829$52,983
Information Technology$27,719$5,619$4,120$37,458
Payroll Taxes$26,642$5,400$3,960$36,002
Office Expenses$10,717$2,172$1,592$14,481
Other Employee Benefits$8,979$1,820$1,335$12,134
Advertising$5,674$1,150$843$7,667
Other Expenses$7,304$75$54$7,433
Depreciation Depletion$3,096$628$460$4,184
Insurance$2,190$444$326$2,960
Total Functional Expenses$851,107$146,170$107,189$1,104,466

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,104,466
Total Expenses per Audited Statements$1,104,466
Total Expenses per Form 990$1,104,466
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$133,570
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The Organization has four leadership members, the Council of Institutional Investors, the National Association of State Retirement Administrators, the National Council on Teacher Retirement, and the National Conference on Public Retirement Systems.

Member election for additional members Part VI line 7A

Each of the Organizations Leadership Members appoints one member to The Board of Directors.

Committee meeting documentation Part VI line 8B

The response to the question on Page 6, Part VI, Line 8b is No because The Organization does not have a committee with authority to act on behalf of the governing body.

Form 990 governing body review Part VI line 11

A copy of the Form 990 is distributed to The Board members and the Executive Director for review and comment. Upon completion of this review, the Executive Director signs the return and it is mailed to the IRS.

Conflict of interest policy compliance Part VI line 12C

Persons covered by the policy annually disclose or update to the Secretary/Treasurer any interests that could give rise to conflicts of interest. For each interest disclosed to the Secretary/Treasurer, the Secretary/Treasurer and Chairperson of The Board determine the appropriate course of action, pursuant to the Organizations conflict of interest policy. The Executive Director monitors proposed or ongoing transactions for conflicts of interest and discloses them to the Secretary/Treasurer in order to deal with potential or actual conflicts.

CEO executive director top management comp Part VI line 15A

The Board of the National Institute on Retirement Security annually reviews and approves compensation for the Executive Director after a formal and comprehensive performance evaluation process that involves evaluating and rating the Executive Directors performance in writing based on several criteria including: research products; leadership; planning; finance; membership development; public relations/education; and operations. All performance evaluations and compensation decisions are documented and kept in The Organizations records.

Governing documents etc available to public Part VI line 19

National Institute on Retirement Security makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
NIRS Research and Education Fund
EIN
32-0279201
In Care Of
% Daniel Doonan
Phone
2024578190
Address
1612 K Street NW STE 500, Washington, DC 20006

Signing Officer

Name
Daniel Doonan
Title
Executive Director
Phone
2024578190
Signed
2025-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Doonan
Formed
2007
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
4
Volunteers
12

Preparer

Firm
Mullins PC
Address
7625 Wisconsin Avenue, Bethesda, MD 20814
Preparer
John Mullins
Phone
2027706371
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Consultants: $120,594 Misc Expenses: $1,275 Payroll Fees: $2,373

Financial Statement Notes

Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)

The Institute is exempt from Federal income taxes under Section 501(c)(4) of the Internal Revenue Code (IRC). Accordingly, no provision for income taxes has been made in the accompanying consolidated financial statements. The provisions included in accounting principles generally accepted in the United States of America provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entitys financial statements and prescribe a threshold of more likely than not for recognition of tax positions taken or expected to be taken in a tax return. The Institute performed an evaluation of uncertain tax positions at year end, and determined that there were no matters that would require recognition in the consolidated financial statements or, which may have any effect on its tax-exempt status. As of year end, the statute of limitations for the three previous tax years remain open with the U.S. Federal jurisdiction and any state and local jurisdictions in which the Institute file tax returns.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Institute is exempt from Federal income taxes under Section 501(c)(4) of the Internal Revenue Code (IRC). Accordingly, no provision for income taxes has been made in the accompanying consolidated financial statements. The provisions included in accounting principles generally accepted in the United States of America provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entitys financial statements and prescribe a threshold of more likely than not for recognition of tax positions taken or expected to be taken in a tax return. The Institute performed an evaluation of uncertain tax positions at year end, and determined that there were no matters that would require recognition in the consolidated financial statements or, which may have any effect on its tax-exempt status. As of year end, the statute of limitations for the three previous tax years remain open with the U.S. Federal jurisdiction and any state and local jurisdictions in which the Institute file tax returns.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANIEL DOONAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
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