Fractionation Research INC FY2021 filing

Not tax-deductible

Stillwater, OK501(c)(6)EIN 73-0603358Revenue $4.2M in FY2021

On file with the IRSfri.org424 S Squires St Ste 200, 74074-1237 · Stillwater, OKTax-exempt since Dec 1966

This page gets seen. Tell your story. Claim this org.

To operate well-planned experimental programs to collect and report large scale mass transfer equipment hardware performance data with industrially representative chemical systems, and to report such data to its members clearly, in useful formats, and in a timely manner.

100¢ of each $1 spent went to programs.
$867K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $28K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$867K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.5M
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
72
of 72 voting members
Looks good: 72 of 72 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.2M
+9% vs prior year
Spent
$3.6M
To programs
100%
Net assets
$5.5M
By yearFY2020–FY2025
Revenue
$4.2M
FY2021▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.8M
FY2021$4.2M
FY2022$3.7M
FY2023$3.8M
FY2024$4.2M
FY2025$4.7M
Expenses
$3.6M
FY2021▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.5M
FY2021$3.6M
FY2022$4.6M
FY2023$4.0M
FY2024$4.3M
FY2025$4.6M
Net assets
$5.5M
FY2021▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.8M
FY2021$5.5M
FY2022$3.6M
FY2023$3.4M
FY2024$3.7M
FY2025$3.8M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $3.6M

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

17 people listed on the 990; $867K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Technical Director
$232,970Pt VII · Sec A
Chief Scientist
$222,218Pt VII · Sec A
Research Engineer
$132,217Pt VII · Sec A
$104,099Pt VII · Sec A
President
$90,077Pt VII · Sec A
Assistant Treasurer
$42,123Pt VII · Sec A
Assistant Secretary
$29,478Pt VII · Sec A
$13,934Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kenneth McCarley————$232,970$272,819
Ken McCarley——$268,190$240,113——
Tony Cai$259,910$225,852$240,766$233,351$222,218$240,878
Izak Nieuwoudt$254,807$224,381$163,908———
Sergio Kapusta$218,671$143,906$155,012$121,039$13,934—
Jose Bravo————$90,077$194,799
Sayeed Mohammad$151,708$142,949$143,472$138,464$132,217—
Jeanifer Randall$149,064$114,502$112,387$106,216$104,099$111,472

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Fractionation Research INC executive salaries →

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

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Tests and reports industrial equipment performance data for members.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $3.6M · in their own filed words · FY2020
01

Conduct research according to the long range experimental program approved by the technical advisory committee.

$3.6Mprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$4.2M
Ln 12
Gifts and grantsLn 1h$3.8M
Investment incomeLn 3$376K
Money outPt IX
$3.6M
Ln 25
Programscol B$3.6M
Owns and owesPt X
$5.5M
net assets · Ln 32
Cash and savingsLn 1–2$456K
Total assetsLn 16$7.0M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
17
listed · VII A
PaidVII A8
Voting boardVI 1a72
IndependentVI 1b72
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.8M
Government grantsLn 1e$402K
Investment incomeLn 3$376K
Gains on assetsLn 7$224K
Total revenueLn 12$4.2M
Assets in detailPt X, end of year
CashLn 1$179K
SavingsLn 2$276K
Cash and savings togetherLn 1–2$456K
InvestmentsLn 11–13$4.8M
Land, buildings, equipmentLn 10c$1.3M
Other assetsLn 15$42K
Total assetsLn 16$7.0M
LiabilitiesLn 26$1.5M
Net assetsLn 32$5.5M
OperationsPt I, VI
EmployeesI 523
VolunteersI 6921
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$229K$456K
InvestmentsLn 11–13$4.3M$4.8M
Land, buildings, equipmentLn 10c$1.3M$1.3M
Total assetsLn 16$6.1M$7.0M
LiabilitiesLn 26$1.3M$1.5M
Net assetsLn 32$4.8M$5.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.1M
Pay of disqualified personsLn 6$877K
Pension plan contributionsLn 8$73K
Other employee benefitsLn 9$185K
Payroll taxesLn 10$105K
Legal feesLn 11b$12K
Accounting feesLn 11c$23K
Other fees for servicesLn 11g$8K
Advertising and promotionLn 12$13K
Office expensesLn 13$55K
Information technologyLn 14$87K
OccupancyLn 16$160K
TravelLn 17$23K
Conferences, conventions and meetingsLn 19$13K
Depreciation, depletion and amortizationLn 22$232K
InsuranceLn 23$87K
Other expenses (24a–d)Ln 24$509K
Total functional expensesLn 25$3.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.7M$4.6M$148K$3.8M 990 PDF
FY2024 $4.2M$4.3M−$56K$3.7M 990 PDF
FY2023 $3.8M$4.0M−$251K$3.4M 990 PDF
FY2022 $3.7M$4.6M−$908K$3.6M 990 PDF
FY2021 Viewing $4.2M$3.6M$570K$5.5M 990 PDF
FY2020 $3.8M$3.5M$327K$4.8M 990 PDF

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

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $4,169,009 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,519,903$3,793,186
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $288,951$375,823
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $3,808,854$4,169,009
I-13 Grants and similar amounts paidPrior year $20,000$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,367,246$2,378,740
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,094,921$1,219,984
I-18 Total expensesPrior year $3,482,167$3,598,724
I-19 Revenue less expensesPrior year $326,687$570,285
Part VI · Governance 72 of 72 board members independent, 3 to look at
VI-1a Voting members of the governing body72
VI-1b Independent voting members72
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,169,009 across 6 lines filed
VIII-1b Membership dues$3,391,099
VIII-1e Government grants$402,087
VIII-1h Total contributions, gifts and grants$3,793,186
VIII-3 Investment incomeExcluded from tax $151,856$151,856
VIII-7 Net gain or loss on sales of assetsExcluded from tax $223,967$223,967
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $375,823$4,169,009
Part IX · Statement of functional expenses $3,598,724 across 17 lines filed
IX-5 Pay of current officers, directors and key staff$1,138,686
IX-6 Pay of disqualified persons$877,354
IX-8 Pension plan contributions$72,501
IX-9 Other employee benefits$185,278
IX-10 Payroll taxes$104,921
IX-11b Legal fees$12,022
IX-11c Accounting fees$23,000
IX-11g Other fees for services$7,650
IX-12 Advertising and promotion$12,749
IX-13 Office expenses$54,806
IX-14 Information technology$86,772
IX-16 Occupancy$159,962
IX-17 Travel$22,910
IX-19 Conferences, conventions and meetings$12,801
IX-22 Depreciation, depletion and amortization$231,690
IX-23 Insurance$86,851
IX-24 Other expenses (24a–d)$508,771
IX-25 Total functional expenses$3,598,724
Part X · Balance sheet $7,018,117 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $47,552$179,060
X-2 Savings and temporary cash investmentsStart of year $180,992$276,486
X-4 Accounts receivableStart of year $184,412$472,944
X-9 Prepaid expenses and deferred charges$7,614
X-10c Land, buildings and equipment, netStart of year $1,307,692$1,252,769
X-11 Publicly traded securitiesStart of year $4,343,584$4,786,895
X-15 Other assetsStart of year $42,349$42,349
X-16 Total assetsStart of year $6,106,581$7,018,117
X-17 Accounts payable and accrued expensesStart of year $222,672$244,798
X-19 Deferred revenueStart of year $472,633$653,648
X-25 Other liabilitiesStart of year $608,219$618,255
X-26 Total liabilitiesStart of year $1,303,524$1,516,701
X-27 Net assets without donor restrictionsStart of year $4,803,057$5,501,416
X-32 Total net assets or fund balancesStart of year $4,803,057$5,501,416
X-33 Total liabilities and net assetsStart of year $6,106,581$7,018,117
Part XI · Reconciliation of net assets $5,501,416 net assets at year end
XI-1 Total revenue$4,169,009
XI-2 Total expenses$3,598,724
XI-3 Revenue less expenses$570,285
XI-4 Net assets at start of year$4,803,057
XI-5 Net unrealized gains (losses) on investments$128,074
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,501,416

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 pay comparisons above.