Ut-battelle Development Corporation is a 501(c)(3) organization based in Oak Ridge, Tennessee, registered in 2003, with $17,867,690 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$17.9M
▼ 12.8% vs prior year
Science & Tech median: $288K
Expenses (FY2023)
$14.4M
Net assets
$31.6M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ut-battelle Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ut-battelle Development Corporation: 26 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ut-battelle Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ut-battelle Development Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $20.8M (FY2013) to $17.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
19.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$64.8M
Total liabilities
$33.1M
Net assets
$31.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $17,867,690▼12.8% | $14,443,244▼16.2% | $31,629,753▲12.1% | $64,773,144▼6.6% | 990 |
| 2022 | $20,499,769▼14.5% | $17,243,670▼18.6% | $28,205,307▲13.1% | $69,353,883▼4.5% | 990 |
| 2021 | $23,986,732▼4.4% | $21,194,718▼7.6% | $24,949,208▲12.6% | $72,644,900▼5.5% | 990 |
| 2020 | $25,092,560▼47.3% | $22,937,551▼48.9% | $22,157,194▲10.8% | $76,867,878▼10.1% | 990 |
| 2019 | $47,588,149▲29.7% | $44,866,848▲33.2% | $20,002,185▲15.7% | $85,515,755▼1.5% | 990 |
| 2018 | $36,682,909▲128% | $33,683,265▲134% | $17,280,884▲21.0% | $86,843,469▲4.0% | 990 |
| 2017 | $16,076,367▼45.6% | $14,382,847▼47.7% | $14,281,240▲13.5% | $83,512,045▼5.4% | 990 |
| 2016 | $29,536,454▼2.1% | $27,478,883▼1.6% | $12,587,720▲19.5% | $88,257,407▼3.2% | 990 |
| 2015 | $30,163,953▲28.0% | $27,923,668▲29.9% | $10,530,149▲27.0% | $91,180,005▼2.9% | 990 |
| 2014 | $23,567,905▲13.2% | $21,500,174▲9.7% | $8,289,864▲161% | $93,909,538▲7.1% | 990 |
| 2013 | $20,814,672 | $19,601,930 | $3,179,986 | $87,647,979 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Ut-battelle Development Corporation totaling $464K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Northwestern University | Support of research activities | 2023 | $211,915 |
| Northwestern University | Support of research activities | 2022 | $137,258 |
| Northeastern University | Sub-award | 2022 | $100,000 |
| Electric Power Research Institute Inc | Contribution | 2018 | $15,000 |
Explore more
Data for Ut-battelle Development Corporation (EIN 62-1867598) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.