American Chemical Society
- Assets
- $99.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Copley, OH
- Founding
- 05/1946
- Data as of
- 12/2020
- EIN
- 34-6524266
Organization Overview
American Chemical Society is located in Copley, OH. The organization was established in 1946. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Chemical Society 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 12/2020, American Chemical Society generated $13.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.6%) each year. All expenses for the organization totaled $6.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (37.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Kausch Treasurer | 10 | $0 | |
Mike Dowell Secretary | 10 | $0 | |
Mike Fricke Chair | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,474 |
| Investment income | $1,196 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,670 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $300 |
| Other expenses | $0 |
| Total expenses | $6,933 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,046 |
| Other assets | $0 |
| Total assets | $99,046 |
| Total liabilities | $2,327 |
| Net assets or fund balances | $96,719 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Chemical Society has recieved totaling $14,500.
| Awarding Organization | Amount |
|---|---|
American Chemical Society Washington, DC PURPOSE: GENERAL SUPPORT | $14,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minerals Metals & Materials Society Inc Pittsburgh, PA | $11,544,301 | $7,904,003 |
American Society For Nondestructive Testing Inc Columbus, OH | $37,182,492 | $8,026,821 |
American Chemical Society Akron, OH | $3,014,141 | $2,045,806 |
Engineers Society Of Western Pennsylvania Pittsburgh, PA | $3,604,129 | $866,768 |
Women In Bio Inc Pittsburgh, PA | $1,221,476 | $1,239,414 |
Kentucky Society For Technology Ineducation Waco, KY | $557,170 | $506,791 |
International Assoc Of Bridge Struc & Ornamental Iron Workers Loc 103 Evansville, IN | $1,117,516 | $406,909 |
Engineers Club Of Dayton Dayton, OH | $1,671,194 | $394,069 |
Society Of Plastics Engineers Troy, MI | $376,718 | $316,766 |
Ohio Society Of Professional Engineers Columbus, OH | $443,485 | $334,999 |
Kentucky Society Of Professional Engineers Frankfort, KY | $370,496 | $285,687 |
Society Of Plastics Engineers Troy, MI | $3,105,196 | $190,122 |