Energetics Technology Center
Legal name: Energetics Technology Center Inc
Nonprofit profile at a glance
- EIN
- 205601947
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Indian Head, MD, United States
- Phone
- 301-645-6637
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- General Science
Reported finances
- Revenue
- $28,407,479
- Expenses
- $28,244,901
- Assets
- $17,462,050
- Liabilities
- $17,001,025
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Robert Kavetsky (Secretary & CEO)
- Will Durant (President & COO)
Highest reported compensation
- Will Durant (President & COO): $291,608 total reported compensation
- Robert Kavetsky (Secretary & CEO): $271,932 total reported compensation
- Matthew Martin (EVP & CFO): $268,193 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Energetics Technology Center (ETC) supports U.S. national security through creative problem solving and actionable thought leadership. Our capabilities support the entire research and development lifecycle, from identifying technology growth areas to developing a STEM workforce. As a 501(c)(3) nonprofit, ETC provides trusted and objective counsel to Department of Defense, state, and local government agencies and holds multiple Partnership Intermediary Agreements as vehicles for support. Collage of photos with ETC leadership and team receiving awards, cutting a ribbon at a ceremony, giving presentations, and playing wargames. ETC was launched in late 2006 in partnership with the Center fo.
What it reported doing in 2024
Research, development, test & evaluation (rdt&e) achievements in energetics, science and technology in the broad areas of 1) training in virtual environments, 2) future of energetics, 3) energetics informatics, and 4) workforce development. Work related to autonomous vehicle testing and data collection. (02034).
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 79
- Accountability: 81
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.1%; rating input score 93
- Program expense ratio: 93.6%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 14th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.6%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.62; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.97; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 6.3%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 23.2% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 14.5% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 23.2% per year; rating input score 100; 92nd percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 93.1% of revenue deployed · 93.6% of spending went to programs
- Governance: 3 of 4 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $26.5M in reported program spending
- Leadership: top reported pay $292K · 11 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.8M reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.