Civic Intelligence

Federation of American Societies for Experimental Biology

EIN 52-0700497 • 501(c)3 • Rockville, MD

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Profile

THE FEDERATION OF AMERICAN SOCIETIES FOR EXPERIMENTAL BIOLOGY (FASEB) ADVANCES HEALTH AND WELFARE BY PROMOTING PROGRESS AND EDUCATION IN BIOLOGICAL AND BIOMEDICAL SCIENCES THROUGH SERVICE TO ITS MEMBER SOCIETIES AND COLLABORATIVE ADVOCACY.

Refreshing map…

6120 Executive Blvd 230Rockville, MD 20852

www.faseb.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.22x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

55th percentile

0.27x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

13th percentile

-17%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$630,142

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

10th percentile

-11%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

62%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$14,764,646

Down $1,825,548 (-11%) from 2023

Liabilities

Up

$3,309,018

Up $194,401 (+6.2%) from 2023

Net Assets

Down

$11,455,628

Down $2,019,949 (-15%) from 2023

Operations
Liabilities / Revenue55th percentileNet Margin13th percentile

Revenue

Up

$12,209,532

Up $4,669,370 (+62%) from 2023

Expenses

Up

$14,235,498

Up $2,682,865 (+23%) from 2023

Net Income

Up

-$2,025,966

Up $1,986,505 (+50%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $41,039,812Liabilities 2010: $23,198,703Net Assets 2010: $17,841,1092010Assets 2011: $40,639,743Liabilities 2011: $24,050,918Net Assets 2011: $16,588,8252011Assets 2012: $42,469,949Liabilities 2012: $24,435,102Net Assets 2012: $18,034,8472012Assets 2013: $44,042,847Liabilities 2013: $23,559,468Net Assets 2013: $20,483,3792013Assets 2014: $44,477,956Liabilities 2014: $23,173,293Net Assets 2014: $21,304,6632014Assets 2015: $41,467,890Liabilities 2015: $20,276,028Net Assets 2015: $21,191,8622015Assets 2016: $25,014,455Liabilities 2016: $5,301,645Net Assets 2016: $19,712,8102016Assets 2017: $23,595,353Liabilities 2017: $5,429,070Net Assets 2017: $18,166,2832017Assets 2018: $21,735,597Liabilities 2018: $5,527,819Net Assets 2018: $16,207,7782018Assets 2019: $21,406,506Liabilities 2019: $5,370,778Net Assets 2019: $16,035,7282019Assets 2020: $20,321,933Liabilities 2020: $4,412,099Net Assets 2020: $15,909,8342020Assets 2021: $23,764,452Liabilities 2021: $3,476,241Net Assets 2021: $20,288,2112021Assets 2022: $19,627,725Liabilities 2022: $3,729,248Net Assets 2022: $15,898,4772022Assets 2023: $16,590,194Liabilities 2023: $3,114,617Net Assets 2023: $13,475,5772023Assets 2024: $14,764,646Liabilities 2024: $3,309,018Net Assets 2024: $11,455,6282024

Highlighted filing

2024

Assets$14,764,646
Liabilities$3,309,018
Net Assets$11,455,628
Open 2024 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $18,527,8312010Expenses 2011: $17,950,0832011Expenses 2012: $18,412,2502012Revenue 2013: $19,139,236Expenses 2013: $18,599,062Net Income 2013: $540,1742013Revenue 2014: $20,503,915Expenses 2014: $19,580,524Net Income 2014: $923,3912014Revenue 2015: $20,306,472Expenses 2015: $19,533,358Net Income 2015: $773,1142015Revenue 2016: $19,140,856Expenses 2016: $19,231,961Net Income 2016: -$91,1052016Revenue 2017: $17,124,628Expenses 2017: $18,428,730Net Income 2017: -$1,304,1022017Revenue 2018: $17,057,433Expenses 2018: $19,015,959Net Income 2018: -$1,958,5262018Revenue 2019: $18,134,186Expenses 2019: $18,310,414Net Income 2019: -$176,2282019Revenue 2020: $7,250,738Expenses 2020: $8,790,406Net Income 2020: -$1,539,6682020Revenue 2021: $12,011,053Expenses 2021: $8,032,188Net Income 2021: $3,978,8652021Revenue 2022: $12,783,409Expenses 2022: $14,714,696Net Income 2022: -$1,931,2872022Revenue 2023: $7,540,162Expenses 2023: $11,552,633Net Income 2023: -$4,012,4712023Revenue 2024: $12,209,532Expenses 2024: $14,235,498Net Income 2024: -$2,025,9662024

Highlighted filing

2024

Revenue$12,209,532
Expenses$14,235,498
Net Income-$2,025,966
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$14,764,646
Liabilities
$3,309,018
Net assets
$11,455,628
Revenue
$12,209,532
Expenses
$14,235,498
Net income
-$2,025,966
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$14.8$3.31$11.5$12.2$14.2$2.03
2023Summary only. Only limited summary data is available for this year.$16.6$3.11$13.5$7.54$11.6$4.01
2022Summary only. Only limited summary data is available for this year.$19.6$3.73$15.9$12.8$14.7$1.93
2021Summary only. Only limited summary data is available for this year.$23.8$3.48$20.3$12.0$8.03$3.98
2020Summary only. Only limited summary data is available for this year.$20.3$4.41$15.9$7.25$8.79$1.54
2019Summary only. Only limited summary data is available for this year.$21.4$5.37$16.0$18.1$18.3$0.18
2018Summary only. Only limited summary data is available for this year.$21.7$5.53$16.2$17.1$19.0$1.96
2017Summary only. Only limited summary data is available for this year.$23.6$5.43$18.2$17.1$18.4$1.30
2016Summary only. Only limited summary data is available for this year.$25.0$5.30$19.7$19.1$19.2$0.09
2015Summary only. Only limited summary data is available for this year.$41.5$20.3$21.2$20.3$19.5$0.77
2014Summary only. Only limited summary data is available for this year.$44.5$23.2$21.3$20.5$19.6$0.92
2013Summary only. Only limited summary data is available for this year.$44.0$23.6$20.5$19.1$18.6$0.54
2012Summary only. Only limited summary data is available for this year.$42.5$24.4$18.0$18.4
2011Summary only. Only limited summary data is available for this year.$40.6$24.1$16.6$18.0
2010Summary only. Only limited summary data is available for this year.$41.0$23.2$17.8$18.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$23,984,011
Mission and Program Overview

Mission

The federation of american societies for experimental biology (faseb) advances health and welfare by promoting progress and education in biological and biomedical sciences through service to its member societies and collaborative advocacy.

To advance health and welfare by promoting progress and education in biological/biomedical sciences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,026,037$8,741,581▼ $2,284,456
Accounts Receivable$1,355,778$1,300,021▼ $55,757
Pledges and Grants Receivable$86,877$1,108,224▲ $1,021,347
Cash and Non-Interest-Bearing Accounts$572,948$904,159▲ $331,211
Savings and Temporary Cash Investments$1,223,632$790,699▼ $432,933
Prepaid Expenses and Deferred Charges$419,893$338,363▼ $81,530
Land, Buildings, and Equipment, Net$206,792$52,254▼ $154,538
Total Assets$16,590,194$14,764,646▼ $1,825,548
Other Assets Total$1,698,237$1,529,345▼ $168,892
Liabilities
Other Liabilities$1,816,085$1,652,850▼ $163,235
Accounts Payable and Accrued Expenses$957,181$1,514,087▲ $556,906
Deferred Revenue$341,351$142,081▼ $199,270
Total Liabilities$3,114,617$3,309,018▲ $194,401
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,330,952$11,311,405▼ $2,019,547
Net Assets With Donor Restrictions$144,625$144,223▼ $402
Total Net Assets Fund Balance$13,475,577$11,455,628▼ $2,019,949
Total Liabilities and Net Assets / Fund Balance$16,590,194$14,764,646▼ $1,825,548

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$52,254$650,217$702,471
Other Assets Org$591--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frank J KrauseExecutive Director/CEOFT$520,906$109,236$630,142
Jennifer L Zeitzer DeputyExec. Dir./dir.,public AffairsFT$286,020$62,275$348,295
Yvette SegerChief, Science Policy/workforce Dev.FT$228,935$47,388$276,323
Darla P Henderson ChiefOpen Science & Res Integrity/pubsFT$190,553$51,325$241,878
Susan SchiaffinoDir., Human ResourcesFT$171,182$40,943$212,125
Sybil Walker BarnesDir, Marketing & Comm.FT$141,763$37,508$179,271
Sally Schwettmann SrDir, Governance, Awards & Vol. Eng.FT$143,804$18,455$162,259

Board Members and Trustees

NameTitle
Kevin C Kregel PhdImmediate Past President
Mary-ann Bjornsti PhdPresident
Beth a Garvy PhdPresident-elect
Marcelo Bonini PhdVice President for Deai
Lauren M Walker PhdVice President-elect for Deai
Andrea B Taylor Phd Faaas FaaaDirector
Betsy a Bove PhdDirector
Bill J Yates PhdDirector
Brendan F Boyce Mb ChbDirector
Charles a Parkos Md PhdDirector
Christian Sell PhdDirector
Denise C Cornelius Phd FahaDirector
Diane Robins PhdDirector
Elizabeth J Kovacs PhdDirector
Jerry Madukwe PhdDirector
Juan Carlos Zuniga-pflucker PhdDirector
Karyn Hamilton Phd RdDirector
Kelly a Tappenden Phd Rd RahaDirector
Lee-ann Allen PhdDirector
Michael D Schaller PhdDirector
Nicholas Ambulos PhdDirector
Pamela a Marino PhdDirector
Patricia L Morris Ms PhdDirector
Patrick J Pagano Ms Phd FahaDirector
Rachel Brewster PhdDirector
Robin Lorenz Md PhdDirector
Samrat U Das MdDirector
Sophia Kaska PhdDirector
Cherie L Butts PhdTreasurer
Thomas L Clemens PhdTreasurer-elect
Eric E Kelley PhdVP for Science Policy
Michael Lehman Phd FaaaVP-elect Science Policy

Highest Paid Contractors

ContractorServicesLocationCompensation
Cbiz Advisors LLC Fka Marcum LLPConsulting1899 L STREET NW 850, Washington, DC 20036$881,560
Virtual Logic Group LLCTechnology Consultant4362 HUNTLEY CT, Woodbridge, VA 22192$622,762
Wellsworth HotelEvent Venue14 MECHANIC STREET, Southbridge, MA 01550$535,293
Intercontinental Saint Paul RiverfrontEvent Venue11 EAST KELLOGG BOULEVARD, St Paul, MN 55101$386,118
Niagara Falls Convention CenterEvent Venue101 OLD FALLS STREET, Niagara Falls, NY 14303$344,671
Revenue and Support

Revenue Composition

Contributions and Grants
$2,290,463
Program Service Revenue
$8,472,647
Investment Income
$1,446,422
Other Revenue
$0
All Other Contributions
$973,970
Change in Net Assets
$-2,025,966

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,168,837
Revenue Not Reported on Financial Statements
$40,695
Revenue Not Reported on Form 990
$-123,118
Total Revenue per Audited Statements
$12,045,719
Total Revenue per Form 990
$12,209,532
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,970,421
Salaries, Compensation, and Employee Benefits$4,824,430
Grants and Similar Amounts Paid$2,288,147
Total Fundraising Expense$213,009
Professional Fundraising Fees$152,500

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,499,129$544,768-$3,043,897
Conferences and Meetings$2,364,733$83,471$13,221$2,461,425
Grants to Domestic Individuals$1,659,012--$1,659,012
Fees for Services Other$703,677$460,630$11,845$1,176,152
Current Officers, Directors, Trustees, and Key Employees$348,295$630,142-$978,437
Information Technology$376,437$508,747$8,748$893,932
Fees for Services Accounting$169,810$616,939-$786,749
Foreign Grants$629,135--$629,135
Occupancy$493,675$50,309-$543,984
Pension Plan Contributions$231,364$67,058-$298,422
Payroll Taxes$183,891$71,769-$255,660
Other Employee Benefits$207,433$40,581-$248,014
Office Expenses$154,793$19,534$26,695$201,022
Fees for Services Lobbying$199,947--$199,947
Fees for Services Professional Fundraising--$152,500$152,500
Fees for Services Management-$149,760-$149,760
Depreciation Depletion$106,962$39,554-$146,516
Insurance$94,775$34,260-$129,035
Fees for Services Legal$23,361$23,525-$46,886
Advertising$22,271$23,371-$45,642
Fees for Service Investment Mgmnt Fees-$40,695-$40,695
Other Expenses$7,062$3,669-$10,731
All Other Expenses$4,364--$4,364
Total Functional Expenses$10,549,159$3,473,330$213,009$14,235,498

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$14,235,498
Expenses per Audited Statements$14,065,668
Total Expenses per Audited Statements$14,065,668
Expenses Not Reported on Financial Statements$169,830
Other Expense Adjustments$129,135
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$629,135

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Grantmaking-00$412,101
East Asia and the PacificGrantmaking-00$120,770
North AmericaGrantmaking-00$70,636
Middle East and North AfricaGrantmaking-00$22,177
South AsiaGrantmaking-00$1,951
South AmericaGrantmaking-00$1,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$152,500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$1,350,609
Deferred Compensation$302,241
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“Faseb has an executive committee consisting of the president, president-elect, immediate past president, treasurer, vice president for science policy, and secretary. Additionally, the executive director is a non-voting member. The executive committee exercises management authority of the board of directors in between board meetings. The executive committee reports to the board of directors on its actions.”

Form 990, Part VI, Section A, Line 3

“Faseb outsources the accounting and cfo functions to cbiz advisors, llc.”

Form 990, Part VI, Section A, Line 6

“Faseb's 26 member societies are each 501(c)(3) or 501(c)(6) professional associations. Societies in the field of biological science may apply for membership, and may be admitted by a three-fourths majority vote of all the directors of the faseb board.”

Form 990, Part VI, Section A, Line 7A

“Each faseb member society appoints one director to represent their society on the faseb board.”

Form 990, Part VI, Section A, Line 7B

“The only decision of the governing body that is subject to approval by the members is if the board votes to dissolve faseb.”

Form 990, Part VI, Section B, Line 11B

“The faseb 990 is posted on an internal website and the faseb executive committee and board members are informed that the 990 is available for review prior to submission of the 990.”

Form 990, Part VI, Section B, Line 12C

“Board members, officers, and key employees are provided the conflict of interest policy annually. They must sign and disclose any possible conflicts of interest. New board members are made aware of the conflict of interest policy during an orientation conference call. Instances of potential conflict are disclosed, discussed, and recorded.”

Form 990, Part VI, Section B, Line 15

“To determine the compensation of the faseb executive director and other employees, faseb uses the comparable compensation data and presents the salary survey to the president, president-elect and former president or supervisor of the employee. The compensation of the faseb executive director is reviewed and approved by the faseb executive committee of the board. Faseb documents the compensation detail that was approved and who approved the new compensation.”

Form 990, Part VI, Section C, Line 19

“Faseb's governing documents, conflict of interest policy, and audited financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Federation of American Societies for
EIN
52-0700497
Phone
3016347000
Address
6120 EXECUTIVE BLVD 230, ROCKVILLE, MD 20852
Doing Business As
Faseb

Signing Officer

Name
Frank Krause
Title
Executive Director/CEO
Phone
3016347000
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Krause
Formed
1912
Legal Domicile
Dc
Voting Board Members
32
Independent Board Members
32
Employees
36
Volunteers
205

Preparer

Firm
Cbiz Advisors LLC
Address
1899 L STREET NW 850, WASHINGTON, DC 20036
Preparer
Aaron M Fox
Phone
2022274000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net forfeited grants 129,135.”

Financial Statement Notes

PART X, LINE 2:

“The federation performed an evaluation of uncertain tax positions as of december 31, 2024 and 2023, and determined that there were no matters that would require recognition in the accompanying financial statements or which may have any effect on its tax-exempt status.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Net forfeited grants 129,135.”

Raw XML AppendixShowing 400 of 1,127 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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