Dri Research Parks Ltd

Nonprofit profile at a glance

EIN
880300074
IRS 990-EZ coverage
2013–2025
Forms available
Form 990-EZ 2025, Form 990-N 2012
Location
Reno, NV, USA
Phone
7756737300
Rating
36
Verdict
REVIEW
Rating confidence
Limited

Official website

Reported finances

Revenue
$28,150
Expenses
$0
Assets
$67,554
Liabilities
$82,937

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • DR VICKEN ETYEMEZIAN (PRESIDENT)

People named in this filing

  • DR VICKEN ETYEMEZIAN (PRESIDENT)
  • MS TINA IFTIGER (CHAIR)
  • MS LINDSAY SESSIONS (SECRETARY/TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of dri research parks, ltd. (the organization) is to develop, either by itself or in conjunction with other entities, research and development parks on real property leased from the Nevada system of higher education. The desert research institute is assisting the organization in planning, developing, marketing and leasing research park sites to prospective tenants. The proceeds of such development and any funds from other sources are to be devoted to aid, support, and assist in the maintenance, promotion, growth and improvement of the desert research institute.

What it reported doing in 2025

Planning, developing, marketing and leasing research park sites to prospective tenants to aid, support, and assist in the maintenance, promotion, growth and improvement of the desert research institute.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 0
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 1.23; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.2% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 34.3% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.