IRS 990 Nonprofit Profile

Charles Stark Draper Laboratory INC

Overview

Ensure our nation’s security and prosperity by delivering transformative solutions. As a nonprofit we answer only to our customers. We innovate to solve their problems and enable their success. | In the elicitation step we refine the needs of our customers while adhering to our mission. Elicitation Needs Using their mission and domain expertise, our team works with customers to identify the root problem, which enables us to design an effective solution. | In the conceptualization step we define requirements while ensuring we understand the root cause of our customers problems to lead to an effective solution.

Draper is an independent nonprofit engineering innovation company whose mission is to ensure the nation’s security and prosperity by delivering transformative solutions. Draper provides engineering services to government, industry, and academia, working as prime contractors or subcontractors and as collaborators in consortia, applying a digital engineering approach to help ensure systems meet requirements and work reliably. Founded in 1933 by Charles Stark Draper, it initially focused on precision instruments for military and aerospace applications and has diversified into areas such as biotechnology, human systems, cyber solutions, and autonomous systems.

Sector
Public, Societal Benefit
Faith identity / affiliation
{'basis': [], 'value': None, 'evidence': [], 'confidence': 0.12, 'serves_all_regardless_of_religion': None}
Official website
https://WWW.DRAPER.COM
Public contact
{'value': None, 'evidence': [], 'confidence': 0.15} · {'value': None, 'evidence': [], 'confidence': 0.15}

Engineering InnovationNational Security And Defense TechnologiesNonprofit Engineering Services

Programs and Current Appeals

  • DIGET

    Ongoing

Official Sources and Evidence

This profile summarizes 6 official source pages and 57 evidence items alongside IRS Form 990 data.

Financials

Filing year
2024
Total revenue
$949.3M
Total expenses
$919.5M
Total assets
$900.9M
Program expenses
$791.4M
Administration
$128.0M
Fundraising
$0
Program share of expenses
86%
EIN
42505372
Sector
Public, Societal Benefit
Location
Cambridge, MA

Leadership and Compensation

Jerry Wohletz - President And CEO
$2.1M
Robert Bacon - Vp, Strategic Systems Programs
$657K
Anthony S Kourepenis - Vice President, Engineering
$643K
Julia Macdonough - Vp, Gm Af & MD Statergic Systems
$574K
Sarah B Leeper - Vice President, Electronic Systems
$572K
Nancy Lightbody - Vice President, Chro
$553K
Frank J Serna - Vp, Usaf & Mda Strategic Systems
$553K
Marjorie Quant - Chief Operating Officer
$519K
Jennifer Santos - Vp, Chief Strategy Officer
$502K
Mary Kim - Secretary, VP & Gen Counsel
$499K

Officers, directors and key employees with total reported compensation, from Form 990 Part VII.

Governance

Voting board members
14
Independent members
13

Grants

Grants to U.S. organizations and individuals
$4.6M

WWW.DRAPER.COM

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Financial data on this page is sourced from IRS Form 990 filings.