Wires LLC EIN 33-1144942 Form 990 (PDF) Claim this org

Wires LLC FY2020 filing

Not yet claimed Claim this org →

Encourages investment in electric transmission infrastructure. For fiscal year 2020 it reported $1.3M in revenue, $881K in expenses, and $1.1M in net assets.Pt I

Founded
2006
Type
Business league / trade association · Community Development
Location
Washington, DC
Website
www.wiresgroup.com
Filings
6 on file (2020–2020)
Revenue
$1.3MFY2020
Expenses
$881K
Net assets
$1.1M
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  33-1144942 Business league / trade association Washington, DC Founded 2006
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Wires LLC claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Encourages investment in electric transmission infrastructure.
Leadership
David Bonenberger · Director
Money in and out
$1.3M revenue, $881K expenses
Bottom line
+30% operating surplus
Membership & operating revenue · FY2020
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$881K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $384K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.00
Operating surplus
+30%
revenue over expenses
Earned revenue
100%
of revenue from program services & dues
Payroll share
0%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$1.3M
FY2020
Expenses
$881K
FY2020
Total assets
$1.1M
FY2020
Total liabilities
$0
FY2020
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$881K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$384K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $868K of program spending, described in the organization's own filed words · FY2020.
01

Economic Considerations in the Matter of Electric Transmission Incentives, (July 2020) London Economics International, LLCInforming the Transmission Discussion: A Look at Renewables Integration and Resilience Issues for Power Transmission in Selected Regions of the United States, (Jan.

$868Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWires LLC
EINHdr · item D33-1144942
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.wiresgroup.com
Year of formationHdr · item L2006
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFJun 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Wires LLC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Program service revenue100%$1.3M
Other revenue$5K
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.00
Program services99%$868K
Management & general$3K
Total functional expensesLn 25$881K

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$1.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.1M
Months of cash on handcomputed14.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $881K
14.5 months
Where the money goes
Program services
Program services $868K · Total expenses $881K
99%
Management & General
Management & general $3K · Total expenses $881K
0.4%
Fundraising
Fundraising $0 · Total expenses $881K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $1.3M
0%
Government reliance
Government grants — · Total revenue $1.3M
Earned-income share
Program service revenue $1.3M · Total revenue $1.3M
100%
Investment reliance
Investment income $0 · Total revenue $1.3M
0%
Program self-sufficiency
Program service revenue $1.3M · Total expenses $881K
143%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $881K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $1.1M · Total assets $1.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.1M
0%
People & payroll
Highest Reported Total Compensation
Individual David Bonenberger · Reported title Director · Highest reported compensation $0 · Total expenses $881K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $881K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0.4%
Investment management fee ratio 0%
Legal fee ratio 0.2%
Accounting fee ratio 0.9%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 4 funders$23K
See all 4 funders →
Grants paid · 4 grants · $40K · 2020–2023
Americans for a Clean EnergyFY2022$10,000
Americans for a Clean EnergyFY2021$10,000
Americans for a Clean EnergyFY2020$10,000

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.4M revenue · ⤓ 990 PDF
FY2024$1.4M revenue · ⤓ 990 PDF
FY2023$817K revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$692K revenue · ⤓ 990 PDF
FY2020$1.3M revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.