Redwood Research — Annual Expenses: $13M

NoteThe source directly confirms the claim. The ProPublica Nonprofit Explorer page for Redwood Research Group Inc (EIN: 87-1702255) displays extracted financial data from Form 990 for fiscal year 2023 showing Expenses of $12,590,834. This matches exactly the exact stored value provided in the claim (12,590,834). The claim's rounded display value of $12.6M is also consistent with this figure. The source is the official IRS Form 990 filing data as processed by ProPublica.