WASHINGTON, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
ADVANCING THE UNDERSTANDING, SAFE USE, AND POSITIVE IMPACT OF CHEMISTRY TO SOCIETY.TO ACCOMPLISH THE MISSION, THE FOUNDATION WILL SUPPORT THE FOLLOWING GOALS: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.
LONG-RANGE RESEARCH INITIATIVE (LRI) - THE FOUNDATION SUPPORTED RESEARCH FROM EXPERT PRACTITIONERS FROM RELEVANT SECTORS TO BETTER UNDERSTAND POTENTIAL IMPACTS OF CHEMICALS ON HUMAN HEALTH AND THE...
LONG-RANGE RESEARCH INITIATIVE (LRI) - THE FOUNDATION SUPPORTED RESEARCH FROM EXPERT PRACTITIONERS FROM RELEVANT SECTORS TO BETTER UNDERSTAND POTENTIAL IMPACTS OF CHEMICALS ON HUMAN HEALTH AND THE ENVIRONMENT.
MICROPLASTICS RESEARCH - THE FOUNDATION SUPPORTED RESEARCH TO IMPROVE UNDERSTANDING ABOUT MICROPLASTICS THAT RESULTED IN SEVERAL PEER REVIEWED PUBLICATIONS.
PRIORITY CHEM INDUSTRY PROJECT - THE FOUNDATION SPONSORED PROJECTS IN SUPPORT OF THE CHEMICAL INDUSTRY'S RESEARCH PRIORITIES IN SEVERAL ISSUE AREAS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| 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 |
| 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 |
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