Fraunhofer Usa Inc

Organization Overview

Fraunhofer Usa Inc is located in Plymouth, MI. The organization was established in 1996. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2021, Fraunhofer USA Inc employed 150 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fraunhofer USA Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Fraunhofer USA Inc generated $20.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $21.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ENHANCE THE TECHNOLOGICAL COMPETENCE AND KNOWLEDGE OF THE U.S. MANUFACTURING INDUSTRY BY FOSTERING ADVANCED TECHNOLOGICAL RESEARCH AND DEVELOPMENT AND INNOVATIVE METHODS OF TECHNOLOGICAL EDUCATION FOR THE BETTERMENT OF THE GENERAL PUBLIC AND THE ACADEMIC, SCIENTIFIC, AND MANUFACTURING COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FRAUNHOFER USA OPERATES THREE CENTERS, SIX LOCATIONS, THROUGHOUT THE USA. EACH CENTER IS DEVOTED TO A DIFFERENT TYPE OF TECHNOLOGICAL RESEARCH, SUCH AS SUSTAINABLE ENERGY SYSTEMS AND LASER TECHNOLOGY. THE FRAUNHOFER CENTERS UNDERTAKE ADVANCED RESEARCH PROJECTS TO DEVELOP KEY TECHNOLOGICAL INNOVATIONS IN MAJOR AREAS OF PUBLIC CONCERN AND EDUCATE PARTICIPANTS IN A VARIETY OF TECHNICAL DISCIPLINES. THE RESEARCH IS DONE TO BENEFIT THE U.S. INDUSTRY AS A WHOLE, AND IS OFTEN DONE IN COLLABORATION WITH EDUCATIONAL INSTITUTIONS IN FURTHERANCE OF ITS EXEMPT SCIENTIFIC AND EDUCATIONAL PURPOSES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Game Seven Staffing Llc
Staffing Agency
$462,582
Faegre Drinker Biddle & Reath Llp
Legal Services
$1,791,721
Allegis Group Holdings Inc
Staffing Agency
$409,201
Neo Systems Corporation
Consulting
$380,932
Merrill Weiss Group Llc
Consulting
$194,210
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$12,786,808
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,786,808
Total Program Service Revenue$9,014,038
Investment income $18,053
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $17,641
Net Gain/Loss on Asset Sales -$926,675
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,911,766

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Fraunhofer Usa Inc has recieved totaling $169,491.

Awarding OrganizationAmount
University Of Chicago

Chicago, IL

PURPOSE: Subaward

$163,900
University Of Delaware

Newark, DE

PURPOSE: RESEARCH SUBAWARD

$5,591
View Grant Recipient Profile

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