What is Formative Evaluation Research Associates?
Formative Evaluation Research Associates (FERA), based in Ann Arbor, Michigan, is an established independent evaluation group with a legacy spanning over five decades. FERA specializes in enhancing the performance of nonprofit organizations and their collaborators through a collaborative and utilization-focused approach. The firm's core mission involves engaging clients directly to address critical issues, thereby driving organizational and social change. FERA serves a broad spectrum of clients, including foundations, nonprofit entities, strategic alliances, and networks operating at local, national, and international scales. Their commitment to improving quality of life is intrinsically linked to their expertise in effective evaluation practices.
How much funding has Formative Evaluation Research Associates raised?
Formative Evaluation Research Associates has raised a total of $16K across 1 funding round:
Debt
$16K
Debt (2021): $16K with participation from PPP
Key Investors in Formative Evaluation Research Associates
PPP
Public-Private Partnership
What's next for Formative Evaluation Research Associates?
The recent influx of moderate growth capital positions Formative Evaluation Research Associates for significant scaling and enhanced service delivery. As the company navigates its Series A/B growth phase, strategic investments are likely to focus on expanding its evaluation methodologies, broadening its client outreach, and potentially integrating new technologies to further support nonprofit performance enhancement. The sustained backing indicates confidence in FERA's long-standing model and its capacity to drive impactful change within the nonprofit ecosystem.
