Redwood Research — Revenue: $22K
1 → confirmed
Our claim
entire record- Subject
- Redwood Research
- Property
- Revenue
- Value
- $22K
- As Of
- 2024
- Notes
- From IRS Form 990. Dramatic revenue decline; organization drawing down reserves.
- Currency
- USD
Source evidence
1 src · 1 checkNoteThe source directly confirms the claim. The ProPublica Nonprofit Explorer page for Redwood Research Group Inc displays 'Revenue $22.1k (2024)' in the summary charts section, and the extracted financial data from Form 990 shows the exact value of $22,060 for fiscal year 2024. The claim's display value of $22.1K matches the rounded presentation in the source, and the exact stored value of 22,060 matches the extracted financial data precisely. The context about 'dramatic revenue decline' and 'organization drawing down reserves' is also supported by the data showing revenue dropped from $10,036,347 in 2023 to $22,060 in 2024, while expenses remained high at $2,922,498, resulting in a net loss of $2,900,438 and drawing down net assets from $8,298,895 to $6,497,522.