Society Of Cosmetic Chemists
- Assets
- $1.2m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/1986
- Data as of
- 12/2021
- EIN
- 22-2720622
Organization Overview
Society Of Cosmetic Chemists is located in Los Angeles, CA. The organization was established in 1986. According to its NTEE Classification (U33) the organization is classified as: Chemistry & Chemical Engineering, under the broad grouping of Science & Technology and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Society Of Cosmetic Chemists 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, Society Of Cosmetic Chemists generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $637.8k during the year ending 12/2021. While expenses have increased by 14.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE MEMBERS AND THE GENERAL PUBLIC ABOUT COSMETIC CHEMISTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAIN EVENT FOR 2021 IS SUPPLIERS DAY EVENT, INCLUDING BOOTH RENTAL REVENUE, SPONSORSHIP, REGISTRATINS ETC. INCLUDING EDUCATIONAL SPEAKERS AND DEMONSTRATIONS.
MONTHLY MEETINGS WITH APPROX 150 MEMBERS ATTENDING, THE SPEAKER TOPICS ARE EDUCATIONAL IN NATURE
ANNUAL DINNER DANCE WITH EDUCATIONAL SPEAKERS - PREPAYMENTS ON EVENT TO BE HELD IN 2022
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margarita Gomez-Nadin Chair | OfficerTrustee | 1 | $0 |
Kendall Johnson Secretary | OfficerTrustee | 1 | $0 |
Mason Montgomery Treasurer | OfficerTrustee | 1 | $0 |
Michelle Carrillo Chair Elect | Trustee | 0.25 | $0 |
Diane Horne Treasurer Elect | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,032,561 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,032,561 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,460 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $24,303 |
| Office expenses | $1,029 |
| Information technology | $3,564 |
| Royalties | $0 |
| Occupancy | $13,636 |
| Travel | $8 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $554,821 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,532 |
| All other expenses | $0 |
| Total functional expenses | $637,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,195,504 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,195,504 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,195,504 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,195,504 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society Of Cosmetic Chemists has recieved totaling $7,518.
| Awarding Organization | Amount |
|---|---|
Society Of Cosmetic Chemists New York, NY PURPOSE: Rebated and Subsidized Course | $7,518 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Cosmetic Chemists Los Angeles, CA | $1,195,504 | $1,032,561 |
International Scientific Assoc For Probiotics And Prebiotics Inc Sacramento, CA | $1,623,968 | $522,696 |
Fuel Freedom Foundation Rancho Santa Margarita, CA | $167,949 | $352,508 |
Chemical Awareness Training Institute Inc Phoenix, AZ | $306,376 | $0 |
American Chemical Society Honolulu, HI | $709,429 | $84,213 |