nonprofit · EIN 57-1239010 · IL
How much does Fermi Research Alliance LLC raise and spend?
Fermi Research Alliance LLC (IL, EIN 57-1239010) reported $715.5M in revenue and $715.6M in expenses for tax year 2024, with $62.0k in net assets (0.0 months of reserves). By expenses that ranks 436 of 391,588 e-filers, 8 of 1,431 in NTEE U: Science & Technology, 20 of 14,886 nonprofits in illinois.
What stands out
Fermi Research Alliance LLC (IL, EIN 57-1239010) reported $715.5M in revenue and $715.6M in expenses for tax year 2024, with $62.0k in net assets (0.0 months of reserves). By expenses that ranks 436 of 391,588 e-filers, 8 of 1,431 in NTEE U: Science & Technology, 20 of 14,886 nonprofits in illinois. Against NTEE U: Science & Technology: months of reserves 0.0 months, below the peer median of 12.2 months; officer compensation share of expenses 0.5%, below the peer median of 8.6%; contributions share of revenue 99.8%, above the peer median of 64.5%; surplus margin -0.0%, below the peer median of 4.6%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $715.5M | $312.7k | $233.3M | $198.5k |
| Total expenses | $715.6M | $276.1k | $225.3M | $179.6k |
| Total assets | $18.9M | $923.1k | $306.0M | $761.5k |
| Net assets | $62.0k | $836.7k | $162.6M | $615.1k |
| Officer compensation (total per organisation) | $3.3M | $244.5k | $2.6M | $114.3k |
| Program service revenue share | 0.0% | 14.6% | 92.5% | 13.4% |
| Contributions share of revenue | 99.8% | 64.5% | 0.8% | 55.6% |
| Officer compensation share of expenses | 0.5% | 8.6% | 0.9% | 6.6% |
| Months of reserves | 0.0 months | 12.2 months | 7.7 months | 12.4 months |
| Surplus margin | -0.0% | 4.6% | 1.7% | 4.3% |
Year by year
7 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $715.5M | $715.6M | $62.0k | 0.0 months | $3.3M | 436 |
| 2023 | $658.7M | $658.2M | $154.5k | 0.0 months | $5.0M | 802 |
| 2022 | $593.8M | $591.2M | $2.1M | 0.0 months | $6.6M | 849 |
| 2021 | $577.1M | $574.4M | $2.1M | 0.0 months | $5.5M | 474 |
| 2020 | $512.8M | $510.0M | $2.2M | 0.1 months | $5.5M | 851 |
| 2019 | $478.2M | $475.8M | $1.8M | 0.0 months | $7.1M | 861 |
| 2018 | $416.7M | $414.4M | $1.7M | 0.0 months | $7.2M | 934 |
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