American Chemical Society
- Assets
- $42.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrence, KS
- Founding
- 05/1946
- Data as of
- 12/2020
- EIN
- 48-6114442
Organization Overview
American Chemical Society is located in Lawrence, KS. The organization was established in 1946. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building 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 $7.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $3.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (43.6%) per year over the past 3 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 |
|---|---|---|---|
Roderick Black Treasurer | 1 | $0 | |
Travis Witte Secretary | 1 | $0 | |
Thomas Wiese Chair | 1 | $0 | |
Malgorzata Witek Councilor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,150 |
| 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 | $702 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,602 |
| Total expenses | $3,304 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,272 |
| Other assets | $0 |
| Total assets | $42,272 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,272 |
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