FOUNDATION FOR CHEMISTRY RESEARCH AND INITIATIVES

EIN: 521945222 501(c)(3) Social Science

WASHINGTON, DC

Total Revenue
$741,004
Total Expenses
$1,974,464
Total Assets
$3,228,808
Net Assets
$2,938,073
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
VA
Principal Officer
ROBERT J SIMON JR
Phone
2022497000
Tax Period
2023-01-01 to 2023-12-31

FOUNDATION FOR CHEMISTRY RESEARCH AND INITIATIVES, founded in 1995, is a small nonprofit in the Social Science sector that reported $741K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 166% operating deficit.

Mission

ADVANCING THE UNDERSTANDING, SAFE USE, AND POSITIVE IMPACT OF CHEMISTRY TO SOCIETY. 1. PROVIDE INFORMATION AND PARTICIPATE IN EDUCATION THAT PROMOTES THE SAFE PRODUCTION, DISTRIBUTION, AND USE OF CHEMISTRY.2. SUPPORT AND PROMOTE SCIENTIFIC RESEARCH FOR SCIENCE-BASED PUBLIC POLICY FOR CHEMICALS MANAGEMENT.3. SUPPORT INITIATIVES DEMONSTRATING CHEMISTRY'S CONTRIBUTION AND BENEFITS TO SOCIETY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $683,394
Program Service Revenue $0
Investment Income $57,610
Other Revenue $0
TOTAL REVENUE $741,004

Expense Breakdown

Grants Paid $870,958
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,891,442
Other Expenses $1,103,506
TOTAL EXPENSES $1,974,464

Year-over-Year Comparison

2023 2022 Change
Revenue $741,004 $1,779,208 -0.6%
Expenses $1,974,464 $780,386 +1.5%
Net Income $-1,233,460 $998,822 -2.2%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$1,311,374
Total Directors
4
$1,424,729
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD A BECKER TRUSTEE 1.00
Director
$0 $71,703 $401,083
WILLIAM J WEST TRUSTEE 1.00
Director
$0 $43,986 $283,664
CHARLES FRANKLIN TRUSTEE 1.00
Director
$0 $71,759 $344,470
KARIN KRCHNAK TRUSTEE 1.00
Director
$0 $77,313 $395,512
ROBERT J SIMON JR EXECUTIVE DIRECTOR 1.00
Officer
$0 $100,280 $775,575
LAURA GOODING SECRETARY 1.00
Officer
$0 $65,676 $359,844
COLLEEN STEVENS PROGRAM DIRECTOR & TREASURER 1.00
Officer
$0 $27,487 $175,955
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $741,004 $1,974,464 $3,228,808 $-1,233,460
2022 $1,779,208 $780,386 $4,229,565 $998,822
2021 $2,190,170 $503,737 $3,334,871 $1,686,433
2020 $1,333,453 $1,420,573 $1,544,596 $-87,120
2019 $3,476,042 $4,178,879 $1,710,304 $-702,837
2018 $3,089,567 $2,526,288 $2,598,262 $563,279
Explore More Nonprofits
→Top 100 Nonprofits in District of Columbia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FOUNDATION FOR CHEMISTRY RESEARCH AND INITIATIVES with other nonprofits in District of Columbia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.