Civic Intelligence

The Foundation for Natural Resources

EIN 84-6037688 • 501(c)3 • Broomfield, CO

Profile

Dedication to the development and dissemination of collaborative scholarly and practical educational materials on the laws and regulations relating to mining, oil and gas, public lands, environmental protection, and other related areas.

2095 W 6th Ave 109Broomfield, CO 80020-1870

www.fnrel.org

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

85th percentile

38%

Higher net margin than 85% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$338,381

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

63%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$26,387,971

Up $2,947,965 (+13%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$26,387,971

Up $2,947,965 (+13%) from 2023

Revenue

Up

$5,211,030

Up $2,012,571 (+63%) from 2023

Expenses

Up

$3,230,140

Up $52,151 (+1.6%) from 2023

Net Income

Up

$1,980,890

Up $1,960,420 (+9577%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $10,878,803Liabilities 2010: $0Net Assets 2010: $10,878,8032010Assets 2011: $12,127,998Liabilities 2011: $0Net Assets 2011: $12,127,9982011Assets 2012: $12,821,252Liabilities 2012: $0Net Assets 2012: $12,821,2522012Assets 2013: $13,988,716Liabilities 2013: $0Net Assets 2013: $13,988,7162013Assets 2014: $15,625,531Liabilities 2014: $0Net Assets 2014: $15,625,5312014Assets 2015: $15,504,871Liabilities 2015: $0Net Assets 2015: $15,504,8712015Assets 2016: $15,107,952Liabilities 2016: $0Net Assets 2016: $15,107,9522016Assets 2017: $16,447,446Liabilities 2017: $0Net Assets 2017: $16,447,4462017Assets 2018: $17,825,294Liabilities 2018: $0Net Assets 2018: $17,825,2942018Assets 2019: $18,940,351Liabilities 2019: $0Net Assets 2019: $18,940,3512019Assets 2020: $19,221,257Liabilities 2020: $278,989Net Assets 2020: $18,942,2682020Assets 2021: $21,262,955Liabilities 2021: $0Net Assets 2021: $21,262,9552021Assets 2022: $22,939,389Liabilities 2022: $0Net Assets 2022: $22,939,3892022Assets 2023: $23,440,006Liabilities 2023: $0Net Assets 2023: $23,440,0062023Assets 2024: $26,387,971Liabilities 2024: $0Net Assets 2024: $26,387,9712024

Highlighted filing

2024

Assets$26,387,971
Liabilities$0
Net Assets$26,387,971

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,084,9092010Expenses 2011: $3,455,9242011Expenses 2012: $3,692,8612012Revenue 2013: $5,460,120Expenses 2013: $4,315,231Net Income 2013: $1,144,8892013Revenue 2014: $5,175,912Expenses 2014: $3,600,109Net Income 2014: $1,575,8032014Revenue 2015: $3,626,211Expenses 2015: $3,746,871Net Income 2015: -$120,6602015Revenue 2016: $3,256,675Expenses 2016: $3,653,594Net Income 2016: -$396,9192016Revenue 2017: $4,900,374Expenses 2017: $3,560,880Net Income 2017: $1,339,4942017Revenue 2018: $4,895,884Expenses 2018: $3,518,036Net Income 2018: $1,377,8482018Revenue 2019: $4,752,623Expenses 2019: $3,637,566Net Income 2019: $1,115,0572019Revenue 2020: $2,704,948Expenses 2020: $2,703,031Net Income 2020: $1,9172020Revenue 2021: $4,924,384Expenses 2021: $2,603,697Net Income 2021: $2,320,6872021Revenue 2022: $5,007,728Expenses 2022: $3,331,294Net Income 2022: $1,676,4342022Revenue 2023: $3,198,459Expenses 2023: $3,177,989Net Income 2023: $20,4702023Revenue 2024: $5,211,030Expenses 2024: $3,230,140Net Income 2024: $1,980,8902024

Highlighted filing

2024

Revenue$5,211,030
Expenses$3,230,140
Net Income$1,980,890

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.4$0.00$26.4$5.21$3.23$1.98
2023Detailed filing. Detailed filing data is available for this year.$23.4$0.00$23.4$3.20$3.18$0.02
2022Detailed filing. Detailed filing data is available for this year.$22.9$0.00$22.9$5.01$3.33$1.68
2021Detailed filing. Detailed filing data is available for this year.$21.3$0.00$21.3$4.92$2.60$2.32
2020Detailed filing. Detailed filing data is available for this year.$19.2$0.28$18.9$2.70$2.70$0.00
2019Summary only. Only limited summary data is available for this year.$18.9$0.00$18.9$4.75$3.64$1.12
2018Summary only. Only limited summary data is available for this year.$17.8$0.00$17.8$4.90$3.52$1.38
2017Summary only. Only limited summary data is available for this year.$16.4$0.00$16.4$4.90$3.56$1.34
2016Summary only. Only limited summary data is available for this year.$15.1$0.00$15.1$3.26$3.65$0.40
2015Summary only. Only limited summary data is available for this year.$15.5$0.00$15.5$3.63$3.75$0.12
2014Summary only. Only limited summary data is available for this year.$15.6$0.00$15.6$5.18$3.60$1.58
2013Summary only. Only limited summary data is available for this year.$14.0$0.00$14.0$5.46$4.32$1.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$0.00$12.8$3.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$0.00$12.1$3.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$0.00$10.9$3.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$12,135,875
Mission and Program Overview

Mission

Dedication to the development and dissemination of collaborative scholarly and practical educational materials on the laws and regulations relating to mining, oil and gas, public lands, environmental protection, and other related areas.

Collaborative scholarly and practical natural resources legal education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$23,010,330$25,841,556▲ $2,831,226
Savings and Temporary Cash Investments$309,488$546,415▲ $236,927
Investments in Publicly Traded Securities$120,188--
Total Assets$23,440,006$26,387,971▲ $2,947,965
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$22,002,062$24,699,840▲ $2,697,778
Net Assets With Donor Restrictions$1,437,944$1,688,131▲ $250,187
Total Net Assets Fund Balance$23,440,006$26,387,971▲ $2,947,965
Total Liabilities and Net Assets / Fund Balance$23,440,006$26,387,971▲ $2,947,965

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,806,303--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,437,944$132,525▲ $181,220-$1,688,131
2023$1,437,228$31,148▲ $38,080-$1,437,944
2022$1,275,791$99,449▲ $145,144-$1,437,228
2021$975,795$245,006▲ $124,783-$1,275,791
2020$791,528$191,481▲ $50,035-$975,795
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David a RitchieExecutive DirectorFT$300,000$38,381$338,381
Melissa L MageeAssociate DirectorFT$130,000$33,556$163,556
Jaleen W EdwardsAssociate DirectorFT$128,000$30,814$158,814
Ryan a MintonDirector of PublicationsFT$121,500$18,769$140,269
Surbhi ChavdaControllerFT$103,000$18,032$121,032

Board Members and Trustees

NameTitle
Rachael E SalcidoPast President
Scot W AndersonPast President (thru 7/20/24)
Jolisa M DobbsPresident (thru 7/20/24), Past President
Michael J BourassaVP (thru 7/20/24), President
Joel O BensonVice President
Elizabeth a RyanMember-at-large
Michelle PhillipsMember-at-large
Oscar R BenavidesMember-at-large
Pilar M ThomasMember-at-large
Ramona L MonroeMember-at-large
Robin Kundis CraigMember-at-large
Bruce F RudoyMember-at-large (thru 7/20/24)
Patricia NunezMember-at-large (thru 7/20/24)
Robert C MathesSecretary
Jana L GraubergerSecretary (thru 7/20/24)
Amy E SeneshenTreasurer
Kathleen C SchroderTreasurer (thru 7/20/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
22 Skidoo CorpCaterer319 SOUTH GUADALUPE STREET, Santa Fe, NM 87501$134,283
Revenue and Support

Revenue Composition

Contributions and Grants
$133,325
Program Service Revenue
$2,407,832
Investment Income
$2,611,740
Other Revenue
$58,133
All Other Contributions
$133,325
Change in Net Assets
$1,980,890

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,172,306
Revenue Not Reported on Financial Statements
$38,724
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$38,724
Total Revenue per Audited Statements
$5,172,306
Total Revenue per Form 990
$5,211,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,467,712
Salaries, Compensation, and Employee Benefits$1,419,013
Grants and Similar Amounts Paid$343,415
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$631,056$215,994-$847,050
Conferences and Meetings$584,397$125,378-$709,775
Current Officers, Directors, Trustees, and Key Employees$253,786$84,595-$338,381
Grants to Domestic Individuals$293,614--$293,614
Information Technology$200,174$7,812-$207,986
Fees for Service Investment Mgmnt Fees-$129,437-$129,437
Occupancy$98,565$24,641-$123,206
Other Employee Benefits$81,909$28,034-$109,943
Payroll Taxes$57,194$24,093-$81,287
Foreign Grants$48,051--$48,051
Pension Plan Contributions$31,537$10,815-$42,352
Advertising$29,744--$29,744
Fees for Services Accounting-$28,000-$28,000
Fees for Services Other$25,010$1,042-$26,052
Other Expenses$17,919$57-$17,976
Insurance$13,940$3,485-$17,425
Office Expenses$12,319$3,845-$16,164
All Other Expenses$11,434$1,726-$13,160
Royalties$3,150--$3,150
Grants to Domestic Orgs$1,750--$1,750
Total Functional Expenses$2,497,507$732,633$0$3,230,140

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,230,140
Expenses per Audited Statements$3,197,529
Total Expenses per Audited Statements$3,197,529
Expenses Not Reported on Financial Statements$32,611
Other Expense Adjustments$32,611
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$150,075

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaProgram Services-00$87,821
North America - Canada and Mexico, But Not the United StatesGrantmakingSeminars and Receptions00$48,051
North America - Canada and Mexico, But Not the United StatesProgram ServicesSeminars and Receptions00$14,203
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
Subject to proxy tax
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Governance of the foundation is administered by the board of directors, except as noted. The trustees council, of which members of the board of directors are a part, elects and removes officers and other members of the board and trustees-at-large, and constituent organizations.

Form 990, Part VI, Section A, Line 7B

Governance of the foundation is administered by the board of directors, except as noted. The trustees council, of which members of the board of directors are a part, changes and amends the by-laws and articles of incorporation, elects and removes officers and other members of the board and trustees-at-large, and constituent organizations, and decides upon the sites of the annual institutes.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the board of directors, including the treasurer, and the executive director and controller.

Form 990, Part VI, Section B, Line 12C

A conflict of interest policy statement is distributed to and signed annually by the board of directors, including the officers, and by the executive director and key employees.

Form 990, Part VI, Section B, Line 15A

Board of directors confirm that they have no conflict of interest in evaluating the performance of the executive director and determining compensation. They obtain independent information, review compensation surveys of other organizations, compare compensation listed for key staff in other comparable organizations using a detailed survey, evaluate the performance, and vote on compensation of the executive director.

Form 990, Part VI, Section C, Line 19

Organization makes governing documents, conflict of interst policy, related documents, and financial statements available to public on request.

Filing and Contact Details

Filer

Filer Name
The Foundation for Natural Resources
EIN
84-6037688
Phone
3033218100
Address
2095 W 6TH AVE 109, BROOMFIELD, CO 80020-1870

Signing Officer

Name
David a Ritchie
Title
Executive Director
Phone
3033218100
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David a Ritchie
Formed
1955
Legal Domicile
Co
Voting Board Members
12
Independent Board Members
12
Employees
10
Volunteers
850

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
6565 AMERICAS PARKWAY NE STE 600, ALBUQUERQUE, NM 87110
Preparer
Pamela Alexanderson
Phone
5058787200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Partnership passthrough income/loss -6,113.

Financial Statement Notes

PART V, LINE 4:

Donor restricted fund that accounts for restricted scholarships provided to law students.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Rebates net in expenses 34,095. Partnership passthrough income/loss 6,113. Realized loss -1,484.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Realized loss -1,484. Rebates net in expenses 34,095.

Raw XML AppendixShowing 400 of 771 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/AdvertisingGrp/ProgramServicesAmt029744
IRS990/AdvertisingGrp/TotalAmt029744
IRS990/AllOtherContributionsAmt0133325
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01726
IRS990/AllOtherExpensesGrp/ProgramServicesAmt011434
IRS990/AllOtherExpensesGrp/TotalAmt013160
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IRS990/Form990PartVIISectionAGrp/PersonNm1JOLISA M DOBBS
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IRS990/Form990PartVIISectionAGrp/PersonNm15RACHAEL E SALCIDO
IRS990/Form990PartVIISectionAGrp/PersonNm16PILAR M THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm17DAVID A RITCHIE
IRS990/Form990PartVIISectionAGrp/PersonNm18JALEEN W EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm19MELISSA L MAGEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0VP (THRU 7/20/24), PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT (THRU 7/20/24), PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY (THRU 7/20/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER (THRU 7/20/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PAST PRESIDENT (THRU 7/20/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER-AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER-AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER-AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER-AT-LARGE (THRU 7/20/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER-AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER-AT-LARGE (THRU 7/20/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER-AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt15PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER-AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASSOCIATE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19ASSOCIATE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF PUBLICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt21CONTROLLER
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IRS990/MiscellaneousRevenueGrp/ExclusionAmt017925
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IRS990/MissionDesc0DEDICATION TO THE DEVELOPMENT AND DISSEMINATION OF COLLABORATIVE SCHOLARLY AND PRACTICAL EDUCATIONAL MATERIALS ON THE LAWS AND REGULATIONS RELATING TO MINING, OIL AND GAS, PUBLIC LANDS, ENVIRONMENTAL PROTECTION, AND OTHER RELATED AREAS.
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1783452
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2226807
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLICATIONS, PERIODICALS, CDS, AND ONLINE SUBSCRIPTION LIBRARY. EDUCATIONAL MATERIALS ON NATURAL RESOURCES LAW AND ENVIRONMENTAL LAW TOPICS (APPROXIMATELY 9,667 CLIENTS SERVED.)
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0226807
IRS990/ProgSrvcAccomActy3Grp/Desc0OUTREACH. A PROGRAM INITIATED TO SUPPORT MINERAL LAW SCHOLARSHIP, RESEARCH, WRITING, TEACHING AND STUDY. PROGRAM ALSO SUPPORTS LAW SCHOOL STUDENTS IN ATTENDING FOUNDATION INSTITUTES AND CLASSES (153 INDIVIDUALS AND SCHOOLS SUPPORTED.) ALSO SUPPORTS A LAW STUDENT NETWORKING PROGRAM FACILITATING COLLABORATION OF STUDENTS AND FACULTY IN MINERAL LAW TOPICS (1 SCHOOL SUPPORTED.) SCHOLARSHIPS ARE PROVIDED TO INDIVIDUAL STUDENTS ATTENDING LAW SCHOOL (34 STUDENTS RECEIVED SCHOLARSHIPS), GRANTS ARE PROVIDED TO CERTAIN LAW SCHOOLS (2 GRANTS GIVEN.)
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0599411
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0343415
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MEMBERSHIP. A GROWING NETWORK OF INDIVIDUALS, LAW FIRMS, COMPANIES, GOVERNMENT AGENCIES, AND ORGANIZATIONS DEDICATED TO SUPPORTING LEGAL SCHOLARSHIP IN THE NATURAL RESOURCES AND ENERGY LAW COMMUNITY. MEMBERS NOT ONLY ARE ENTITLED TO THE BENEFITS AND PUBLICATIONS DESCRIBED BELOW, BUT ALSO ALLOWS THE FOUNDATION, A NON-PROFIT ORGANIZATION, TO CONTINUE TO PROVIDE HIGH-QUALITY OIL & GAS, MINING, RENEWABLE ENERGY, PUBLIC LANDS, WATER, ENVIRONMENTAL, AND INTERNATIONAL LAW PROGRAMS, PUBLICATIONS, AND LEGAL SCHOLARSHIP AT AN AFFORDABLE PRICE. (APPROXIMATELY 3,000 MEMBERS)
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IRS990/PYOtherRevenueAmt053352
IRS990/PYProgramServiceRevenueAmt01457819
IRS990/PYRevenuesLessExpensesAmt020470

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