Overview
What is Fermi Research Alliance Llc?
Fermi Research Alliance Llc (FRA) is a nonprofit organization responsible for managing and operating Fermi National Accelerator Laboratory (Fermilab) in Batavia, Illinois. Established in 2007, FRA builds on a 40-year record of success in laboratory management from Universities Research Association and the University of Chicago's leadership of Argonne National Laboratory. With a workforce of 2,293 employees, FRA supports Director Lia Merminga's vision and commitment to scientific discovery and the Department of Energy's mission. Fermilab's primary focus is on establishing a world-leading neutrino science program, with plans to build a new beamline and deep underground far detector in South Dakota as part of the Long-Baseline Neutrino Facility and Deep Underground Neutrino Experiment (LBNF/DUNE). FRA also leads one of the five Department of Energy National Quantum Information Science Research Centers, the Superconducting Quantum Materials and Systems Center, aiming to develop the first quantum computer at Fermilab.
Official website here: www.fra-hq.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Fermi Research Alliance LLC has achieved an overall rating of 81%, reflecting a strong emphasis on accountability and finance. The organization excels in various areas, notably maintaining a fully independent board and having comprehensive policies in place for conflict of interest, whistleblowing, and document retention. Their program expense ratio is exceptionally high at 99.77%, indicating that nearly all funds raised are directed towards their programs.
However, the organization has room for improvement, particularly in managing its liabilities to assets ratio, which scored 0 out of 15 points. This suggests that while the organization is proficient in governance and program execution, its financial structure may warrant closer scrutiny. Overall, the strengths in accountability and transparency show a commitment to responsible stewardship of resources, though financial health remains an area for further enhancement.
This AI summary has been generated from information found on Charity Navigator.
Is Fermi Research Alliance Llc legitimate?
Fermi Research Alliance Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fermi Research Alliance Llc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $6,584,826
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,545,909
For more financial information, click here
Official website here: www.fra-hq.org
What is the mission statement of Fermi Research Alliance Llc?
Fermi Research Alliance Llc is dedicated to the management and operation of Fermi National Accelerator Laboratory (Fermilab), an international scientific facility where the fundamental nature of matter and energy is explored. The organization's primary focus is to support the DOE's scientific mission and ensure the continued preeminence of particle physics research. Fermilab's long-term goal is to establish a world-leading neutrino science program, and the team is adjusting its organizational structure to support scientists and researchers working at the Sanford Underground Research Facility in South Dakota. The laboratory is also leading one of the five DOE National Quantum Information Science (QIS) Research Centers, with the goal of developing, building, and deploying the first quantum computer at Fermilab. Fermilab's initiatives aim to produce high-impact results in quantum computing, networking, and sensing, and to grow collaborations with universities, laboratories, and industry leaders in QIS.
Official website here: www.fra-hq.org
Who is the CEO of Fermi Research Alliance Llc?
Unavailable
Official website here: www.fra-hq.org
What is the revenue of Fermi Research Alliance Llc?
Fermi Research Alliance Llc's revenue in 2022 was $593,848,536.
Official website here: www.fra-hq.org
Who are the executives of Fermi Research Alliance Llc and what are their salaries?
The average compensation at Fermi Research Alliance Llc during 2022 was $75,504. There are 2293 employees and 25 volunteers at Fermi Research Alliance Llc.
Here are 49 key members and their salaries:
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- Other: $54,909
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- Other: $16,391
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- Compensation: $324,289
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- Other: $51,466
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- Other: $51,689
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- Other: $40,057
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- Other: $21,433
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- Other: $29,779
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- Other: $35,441
- Compensation: $247,686
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- Other: $57,775
- Compensation: $287,936
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- Other: $31,870
- Compensation: $250,621
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- Other: $49,384
- Compensation: $190,782
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- Other: $39,944
- Compensation: $247,339
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- Other: $57,643
- Compensation: $234,367
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- Other: $48,791
- Compensation: $295,355
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- Other: $56,430
Official website here: www.fra-hq.org
Where can I find the form 990 for Fermi Research Alliance Llc?
Fermi Research Alliance Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fra-hq.org
Learn more at the official website: www.fra-hq.org
Mission Statement of Fermi Research Alliance Llc
Fermi Research Alliance Llc, a dynamic organization with a noble mission, is dedicated to the management and operation of Fermilab, an international scientific user facility. Owned by the US Department of Energy, Fermilab is a renowned center where scientists explore the fundamental nature of matter and energy. Fermi Research Alliance Llc builds upon a 40-year legacy of success in managing and operating Fermilab and the University of Chicago's leadership at Argonne National Laboratory. The team brings valuable resources, collaborations, and best practices to address the challenges and opportunities at the laboratory.
With a long-term vision driven by Laboratory Director Lia Merminga, Fermi Research Alliance Llc is committed to discovery, the DOE scientific mission, and ensuring the nation's continued preeminence in particle physics. Fermilab's primary goal over the next ten years is to establish a world-leading neutrino science program, led by the Long-Baseline Neutrino Facility and Deep Underground Neutrino Experiment (LBNF/DUNE). This new role as host lab for LBNF/DUNE requires an adjusted organizational structure, including a new Fermilab division, the South Dakota Operations Division, which is based full-time at the Sanford Underground Research Facility to provide operational and support services. Fermi Research Alliance Llc's major initiatives also include leading one of the five DOE National Quantum Information Science (QIS) Research Centers, with the Superconducting Quantum Materials and Systems Center aiming to develop, build, and deploy the first quantum computer at Fermilab. These efforts are producing high-impact results in quantum computing, networking, and sensing, and growing collaborations with universities, laboratories, and industry leaders in QIS.
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Impact
October, 2024
Fermi Research Alliance LLC (FRA) significantly impacts the scientific community and society through its management of Fermilab, a premier international facility devoted to exploring the fundamental nature of matter and energy. By operating this complex, FRA facilitates cutting-edge research in particle physics, efficient computation, and advanced quantum technologies, driven by ambitions to maintain the U.S.'s leadership in these fields.
One of FRA's key initiatives is the Long-Baseline Neutrino Facility and Deep Underground Neutrino Experiment (LBNF/DUNE). This groundbreaking project aims to expand our understanding of neutrinos, mysterious subatomic particles that hold clues to some of the universe's most profound questions. Through LBNF/DUNE, Fermilab is poised to become a central hub for neutrino science, enhancing international collaborations by attracting scientists and engineers worldwide. The establishment of the South Dakota Operations Division at the Sanford Underground Research Facility exemplifies FRA's commitment to supporting this ambitious endeavor while ensuring operational excellence at both locations.
Additionally, FRA plays a vital role in advancing quantum information science through its leadership of the Superconducting Quantum Materials and Systems Center (SQMS). The center's mission to develop and deploy a functional quantum computer positions Fermilab at the forefront of a technological revolution that promises to transform computing, networking, and sensing capabilities. By fostering collaborations with academic institutions and industry leaders, FRA amplifies the impact of DOE's National Quantum Information Science Research Centers, contributing significantly to the development of quantum technologies.
Overall, FRA promotes scientific discovery, enhances educational opportunities for students and researchers, and pioneers advancements that can have widespread societal implications. The focus on high-impact research at Fermilab solidifies its role as a critical player in the global scientific landscape, driving innovation and exploration that could redefine our understanding of the universe.
This information is meant to be a general summary of Fermi Research Alliance Llc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $782
- Gross Receipts: $593,848,536
Assets and Liabilities:
- Total Assets: $13,250,391
- Total Liabilities: $11,131,797
- Net Assets: $2,118,594
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Organization Details
Founding Year
2006
Phone
(630) 840-8976Main Address
PO Box 500 MS-105 WH-2E, Batavia, IL, 60510
Website
www.fra-hq.orgNTEE Category
Code: U02 - Science research
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