Foundation For Chemistry Research And Initiatives
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 634,521 | 597,551 | 36,970 | 11.7 | 0% |
| 2012 | 666,724 | 620,671 | 46,053 | 12.2 | 0% |
| 2013 | 391,067 | 525,636 | −134,569 | 11.3 | 0% |
| 2014 | 389,982 | 490,936 | −100,954 | 9.6 | 0% |
| 2015 | 920,694 | 620,848 | 299,846 | 13.4 | 0% |
| 2016 | 1,779,856 | 1,220,873 | 558,983 | 12.3 | 0% |
| 2017 | 2,055,760 | 1,515,193 | 540,567 | 13.6 | 0% |
| 2018 | 3,089,567 | 2,526,288 | 563,279 | 10.8 | 0% |
| 2019 | 3,476,042 | 4,178,879 | −702,837 | 4.5 | 0% |
| 2020 | 1,333,453 | 1,420,573 | −87,120 | 12.6 | 0% |
| 2021 | 2,190,170 | 503,737 | 1,686,433 | 75.6 | 0% |
| 2022 | 1,779,208 | 780,386 | 998,822 | 64.1 | 0% |
| 2023 | 741,004 | 1,974,464 | −1,233,460 | 17.9 | 0% |
In its most recent public year (2023), this organization spent $1,233,460 more than it brought in. Its reserves stood at about 17.9 months of spending, up from 11.7 in 2011. Staff pay was 0% of spending. $2,952,511 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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