TOTAL REVENUE - FISCAL 2025
$11,692,842
Up 58.2% from $7,390,647 in fiscal 2024.
GridLab Inc
Berkeley, California - EIN 82-4198360 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Sep 14, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Sep 14, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
GridLab Inc reported $11,692,842 in revenue and $11,746,324 in expenses in fiscal 2025, a deficit of $53,482 for the year. Program services took $11,371,577 of expenses, or 96.8%. The organization closed the year with $2,619,417 in net assets - about 2.7 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$11,746,324
Revenue minus expenses: -$53,482 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
96.8%
$11,371,577 of $11,746,324 went to program services.
NET ASSETS - END OF FISCAL 2025
$2,619,417
Total assets $3,143,617 minus total liabilities $524,200.
TOP EXECUTIVE PAY - FISCAL 2025
$338,237
Ric O'Connell, Executive Dir., as reported on the fiscal-2025 Form 990, filed Sep 14, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
8 Employees
Plus 4 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Sep 14, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.01 - $79,108 in fundraising expenses divided by $11,673,623 in total contributions. On cash contributions only: $0.01.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $11,673,623 |
| Of Which Cash Contributions | $6,662,999 |
| Of Which Donated Goods (Noncash) | $5,010,624 |
| All Other Contributions | $11,673,623 |
| Program Service Revenue | $25,000 |
| Investment Income | -$5,781 |
| Other Revenue | $0 |
| Total Revenue (All Sources) | $11,692,842 |
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
Donated Goods Are a Large Share Here
For this organization, donated goods were $5,010,624 of $11,673,623 in contributions in fiscal 2025 - a large share of reported contributions is goods valued in dollars, not cash. The cash and noncash split is shown above, and any cost-to-raise-a-dollar figure is shown both ways.
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
2.7 Months
of reserves - $2,619,417 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $978,860 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $3,143,617 |
| Total Liabilities | $524,200 |
| Liabilities as Share of Assets | 16.7% |
| Net Assets | $2,619,417 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Sep 14, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Ric O'Connell - Executive Dir. | $338,237 | 2.88% |
| Priya Sreedharan - Sr. Program Dir. | $232,774 | 1.98% |
| Nikhil Kumar - Program Director | $228,231 | 1.94% |
| Casey Baker - Sr Program Manager | $199,593 | 1.70% |
| Cassady Craighill - Technical Edu Dir. | $195,252 | 1.66% |
| Taylor McNair - Deputy Director | $154,349 | 1.31% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Sep 14, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
5 voting members, 4 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Ric O'Connell | Executive Dir. |
| Priya Sreedharan | Sr. Program Dir. |
| Nikhil Kumar | Program Director |
| Casey Baker | Sr Program Manager |
| Cassady Craighill | Technical Edu Dir. |
| Taylor McNair | Deputy Director |
| Curtis Seymour | President |
| Virginia Lacy | Treasurer/Secty |
| David Hochschild | Board Member |
| Mark Ahlstrom | Board Member |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyNo
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeNo
Board Size and Independence5 voting / 4 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $3,152,737 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Advanced Energy United Inc CHARGED Initiative | $1,382,737 |
| Rocky Mountain Institute CHARGED Initiative | $1,770,000 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $7,390,647 | - |
| Fiscal 2025 | $11,692,842 | +58.2% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jan 1, 2025 - Dec 31, 2025 | Form 990 | In Force - Filed Sep 14, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.