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Fraxa Research Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Medical Research N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.04M (2023)

Expenses
$1.8M (2023)

Total Assets
$3.96M (2023)

Total Liabilities
$13.5k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,044,969
Expenses
$1,804,308
Net Income
$240,661
Net Assets
$3,947,815
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,890,692
92.5%
Program Services $0
Investment Income $98,585
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $44,523
2.2%
Sales of Assets -$3,831
Net Inventory Sales $0
Other Revenue $15,000
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $291,871
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $56,975
3.2%
Assets/Debt
Total Assets $3,961,307
Total Liabilities $13,492
Net Assets $3,947,815
Compensation
Key Employees and Officers Compensation Related Other
Katherine Clapp (President) $143,606 $0 $7,647
Michael Tranfaglia (Medical Director/Treasurer/Secretary) $132,971 $0 $7,647
Deborah Stevenson (Board Chair) $0 $0 $0
Dean Clark (Director) $0 $0 $0
Theodore Coutilish (Director) $0 $0 $0
Leslie Eddy (Director) $0 $0 $0
Andres Centellas (Director) $0 $0 $0
Franziska Klebe (Director) $0 $0 $0
Jessica Haugen (Director) $0 $0 $0
James Vershbow (Director) $0 $0 $0
Ronald M Watkins Jr (Director) $0 $0 $0
Sasa Zorovic (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,018,041
Expenses
$1,898,116
Net Income
$119,925
Net Assets
$3,522,443
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,695,420
84.0%
Program Services $0
Investment Income $42,006
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $50,821
2.5%
Sales of Assets $229,794
11.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $264,363
13.9%
Professional Fundraising Fees $0
Other Salaries and Wages $50,333
2.7%
Assets/Debt
Total Assets $3,531,781
Total Liabilities $9,338
Net Assets $3,522,443
Compensation
Key Employees and Officers Compensation Related Other
Katherine Clapp (President) $128,292 $0 $6,980
Michael Tranfaglia (Medical Director/Treasurer/Secretary) $122,112 $0 $6,979
Deborah Stevenson (Board Chair) $0 $0 $0
Dean Clark (Director) $0 $0 $0
Theodore Coutilish (Director) $0 $0 $0
Leslie Eddy (Director) $0 $0 $0
Andres Centellas (Director) $0 $0 $0
Franziska Klebe (Director) $0 $0 $0
Jessica Haugen (Director) $0 $0 $0
James Vershbow (Director) $0 $0 $0
Ronald M Watkins Jr (Director) $0 $0 $0
Sasa Zorovic (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,070,308
Expenses
$1,387,708
Net Income
$682,600
Net Assets
$3,902,071
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,019,897
97.6%
Program Services $0
Investment Income $41,730
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$2,216
Sales of Assets $10,412
0.5%
Net Inventory Sales $0
Other Revenue $485
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $214,068
15.4%
Professional Fundraising Fees $0
Other Salaries and Wages $49,583
3.6%
Assets/Debt
Total Assets $3,915,887
Total Liabilities $13,816
Net Assets $3,902,071
Compensation
Key Employees and Officers Compensation Related Other
Michael Tranfaglia (Medical Director/Treasurer/Secretary) $107,671 $0 $5,823
Katherine Clapp (President) $94,751 $0 $5,823
Deborah Stevenson (Board Chair) $0 $0 $0
Dean Clark (Director) $0 $0 $0
Theodore Coutilish (Director) $0 $0 $0
Leslie Eddy (Director) $0 $0 $0
Andres Centellas (Director) $0 $0 $0
Franziska Klebe (Director) $0 $0 $0
Jessica Haugen (Director) $0 $0 $0
James Vershbow (Director) $0 $0 $0
Ronald M Watkins Jr (Director) $0 $0 $0
Sasa Zorovic (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,385,133
Expenses
$885,883
Net Income
$499,250
Net Assets
$3,099,475
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,423,502
> 100%
Program Services $0
Investment Income $42,951
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$14,057
Sales of Assets -$68,300
Net Inventory Sales $0
Other Revenue $1,037
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $213,632
24.1%
Professional Fundraising Fees $0
Other Salaries and Wages $138,909
15.7%
Assets/Debt
Total Assets $3,218,818
Total Liabilities $119,343
Net Assets $3,099,475
Compensation
Key Employees and Officers Compensation Related Other
Michael Tranfaglia (Medical Director/Treasurer/Secretary) $107,671 $0 $5,605
Katherine Clapp (President) $94,751 $0 $5,605
Deborah Stevenson (Board Chair) $0 $0 $0
Dean Clark (Director) $0 $0 $0
Theodore Coutilish (Director) $0 $0 $0
Leslie Eddy (Director) $0 $0 $0
Andres Centellas (Director) $0 $0 $0
Franziska Klebe (Director) $0 $0 $0
Jessica Haugen (Director) $0 $0 $0
James Vershbow (Director) $0 $0 $0
Ronald M Watkins Jr (Director) $0 $0 $0
Sasa Zorovic (Director) $0 $0 $0
Gregory Miller (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,351,927
Expenses
$1,289,521
Net Income
$62,406
Net Assets
$2,461,091
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,326,429
98.1%
Program Services $0
Investment Income $46,311
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$27,865
Sales of Assets -$1,769
Net Inventory Sales $0
Other Revenue $8,821
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $211,829
16.4%
Professional Fundraising Fees $0
Other Salaries and Wages $127,112
9.9%
Assets/Debt
Total Assets $2,468,935
Total Liabilities $7,844
Net Assets $2,461,091
Compensation
Key Employees and Officers Compensation Related Other
Michael Tranfaglia (Medical Director/Treasurer/Secretary) $107,671 $0 $4,703
David Bjork (Development Director) $100,000 $0 $0
Katherine Clapp (President) $94,751 $0 $4,704
Deborah Stevenson (Board Chair) $0 $0 $0
Dean Clark (Director) $0 $0 $0
Theodore Coutilish (Director) $0 $0 $0
Leslie Eddy (Director) $0 $0 $0
Andres Centellas (Director) $0 $0 $0
Franziska Klebe (Director) $0 $0 $0
Jessica Haugen (Director) $0 $0 $0
James Vershbow (Director) $0 $0 $0
Ronald M Watkins Jr (Director) $0 $0 $0
Sasa Zorovic (Director) $0 $0 $0
Gregory Miller (Director) $0 $0 $0
Michael Pierce (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,844,655
Expenses
$1,516,705
Net Income
$327,950
Net Assets
$2,246,566
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,813,697
98.3%
Program Services $0
Investment Income $48,342
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$11,156
Sales of Assets -$9,453
Net Inventory Sales $0
Other Revenue $3,225
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $202,422
13.3%
Professional Fundraising Fees $0
Other Salaries and Wages $124,769
8.2%
Assets/Debt
Total Assets $2,422,802
Total Liabilities $176,236
Net Assets $2,246,566
Compensation
Key Employees and Officers Compensation Related Other
David Bjork (Development Director) $113,509 $0 $0
Michael Tranfaglia (Medical Director/Treasurer/Secretary) $107,671 $0 $4,628
Katherine Clapp (President) $94,751 $0 $4,628
Deborah Stevenson (Board Chair) $0 $0 $0
Dean Clark (Director) $0 $0 $0
Theodore Coutilish (Director) $0 $0 $0
Leslie Eddy (Director) $0 $0 $0
Kathan Pierce (Director) $0 $0 $0
Franziska Klebe (Director) $0 $0 $0
Jessica Haugen (Director) $0 $0 $0
James Vershbow (Director) $0 $0 $0
Ronald M Watkins Jr (Director) $0 $0 $0
Sasa Zorovic (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,740,868
Expenses
$1,497,101
Net Income
$243,767
Net Assets
$2,025,111
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,552,729
89.2%
Program Services $0
Investment Income $41,224
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$26,195
Sales of Assets $169,673
9.7%
Net Inventory Sales $0
Other Revenue $3,437
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $202,422
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $107,949
7.2%
Assets/Debt
Total Assets $2,217,416
Total Liabilities $192,305
Net Assets $2,025,111
Compensation
Key Employees and Officers Compensation Related Other
Michael Tranfaglia (Medical Director/Treasurer/Secretary) $107,671 $0 $5,515
Katherine Clapp (President) $94,751 $0 $5,516
Deborah Stevenson (Board Chair) $0 $0 $0
Dean Clark (Director) $0 $0 $0
Theodore Coutilish (Director) $0 $0 $0
Leslie Eddy (Director) $0 $0 $0
Kathan Pierce (Director) $0 $0 $0
Franziska Klebe (Director) $0 $0 $0
Jessica Haugen (Director) $0 $0 $0
James Vershbow (Director) $0 $0 $0
Ronald M Watkins Jr (Director) $0 $0 $0
Sasa Zorovic (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,276,862
Expenses
$1,621,459
Net Income
-$344,597
Net Assets
$1,842,336
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,234,854
96.7%
Program Services $0
Investment Income $48,650
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$20,151
Sales of Assets $12,566
1.0%
Net Inventory Sales $0
Other Revenue $943
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $202,423
12.5%
Professional Fundraising Fees $0
Other Salaries and Wages $30,914
1.9%
Assets/Debt
Total Assets $1,859,988
Total Liabilities $17,652
Net Assets $1,842,336
Compensation
Key Employees and Officers Compensation Related Other
Michael Tranfaglia (Medical Director/Treasurer/Secretary) $107,671 $0 $0
Katherine Clapp (President) $94,751 $0 $0
Deborah Stevenson (Board Chair) $0 $0 $0
Dean Clark (Director) $0 $0 $0
Theodore Coutilish (Director) $0 $0 $0
Leslie Eddy (Director) $0 $0 $0
Kathan Pierce (Director) $0 $0 $0
Franziska Klebe (Director) $0 $0 $0
Jessica Haugen (Director) $0 $0 $0
James Vershbow (Director) $0 $0 $0
Ronald M Watkins Jr (Director) $0 $0 $0
Sasa Zorovic (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,278,419
Expenses
$1,382,997
Net Income
-$104,578
Net Assets
$2,159,261
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,176,131
92.0%
Program Services $500
0.0%
Investment Income $72,768
5.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$11,915
Sales of Assets $38,063
3.0%
Net Inventory Sales $0
Other Revenue $2,872
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $202,422
14.6%
Professional Fundraising Fees $0
Other Salaries and Wages $29,487
2.1%
Assets/Debt
Total Assets $2,159,555
Total Liabilities $294
Net Assets $2,159,261
Compensation
Key Employees and Officers Compensation Related Other
Michael Tranfaglia (Medical Director/Treasurer/Secretary) $107,671 $0 $0
Katherine Clapp (President) $94,751 $0 $0
Alexander Sasa Zorovic (Vice President) $0 $0 $0
Dean Clark (Director) $0 $0 $0
Deborah Stevenson (Director) $0 $0 $0
Ronald M Watkins Jr (Director) $0 $0 $0
Leslie Eddy (Director) $0 $0 $0
James Vershbow (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,338,001
Expenses
$1,049,103
Net Income
$288,898
Net Assets
$2,370,216
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,246,299
93.1%
Program Services $7,805
0.6%
Investment Income $45,431
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$21,375
Sales of Assets $57,879
4.3%
Net Inventory Sales $0
Other Revenue $1,962
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $202,423
19.3%
Professional Fundraising Fees $0
Other Salaries and Wages $33,535
3.2%
Assets/Debt
Total Assets $2,375,485
Total Liabilities $5,269
Net Assets $2,370,216
Compensation
Key Employees and Officers Compensation Related Other
Michael Tranfaglia (Treasurer/Secretary) $111,892 $0 $0
Katherine Clapp (President) $98,465 $0 $0
Alexander Sasa Zorovic (Vice President) $0 $0 $0
Dean Clark (Director) $0 $0 $0
Deborah Stevenson (Director) $0 $0 $0
Ronald M Watkins Jr (Director) $0 $0 $0
Leslie Eddy (Director) $0 $0 $0
James Vershbow (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,179,369
Expenses
$1,885,125
Net Income
-$705,756
Net Assets
$1,987,929
Notable Sources of Revenue Percent of Total Revenue
Contributions $771,280
65.4%
Program Services $0
Investment Income $32,451
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $389,130
33.0%
Sales of Assets -$18,254
Net Inventory Sales $0
Other Revenue $4,762
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $198,616
10.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,024,323
Total Liabilities $36,394
Net Assets $1,987,929

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,633,409
Expenses
$1,851,948
Net Income
-$218,539
Net Assets
$2,547,249
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,327,626
81.3%
Program Services $0
Investment Income $38,651
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $243,881
14.9%
Sales of Assets $17,964
1.1%
Net Inventory Sales $0
Other Revenue $5,287
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $195,207
10.5%
Professional Fundraising Fees $0
Other Salaries and Wages $32,706
1.8%
Assets/Debt
Total Assets $2,677,070
Total Liabilities $129,821
Net Assets $2,547,249

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,482,182
Expenses
$1,776,588
Net Income
-$294,406
Net Assets
$2,702,220
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,075,078
72.5%
Program Services $0
Investment Income $43,196
2.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $351,617
23.7%
Sales of Assets $6,688
0.5%
Net Inventory Sales $0
Other Revenue $5,603
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $188,000
10.6%
Professional Fundraising Fees $0
Other Salaries and Wages $31,142
1.8%
Assets/Debt
Total Assets $2,843,593
Total Liabilities $141,373
Net Assets $2,702,220

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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