Geochemical Society
- Assets
- $3.7m
- Revenue
- $339.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/1991
- Data as of
- 12/2021
- EIN
- 52-0783490
Organization Overview
Geochemical Society is located in Washington, DC. The organization was established in 1991. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Geochemical 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 12/2021, Geochemical Society generated $339.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $406.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. 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 ENCOURAGE THE APPLICATION OF GEOCHEMISTRY TO IMPROVING OUR UNDERSTANDING OF THE EARTH AND SOLAR SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS, MEMBERSHIP ACTIVITIES AND AWARDS TO BRING THE SCIENTIFIC COMMUNITY TOGETHER TO RECOGNIZE OUTSTANDING ACHIEVEMENT. ATTENDANCE AT THE ANNAL MEETING IS APPROXIMATELY 3,000.
PUBLICATION OF A JOURNAL, NEWSLETTER AND BOOK, DEVELOPMENT AND MAINTENANCE OF A WEBSITE TO EDUCATE SCIENTISTS ABOUT THEIR FIELD.
OTHER PROGRAMS - AWARDS PROGRAM RECOGNIZING MAJOR ACHIEVEMENTS IN THE FIELD; STUDENT WORKSHOPS AND CONFERENCE TRAVEL GRANTS; AND CAPACITY-BUILDING GRANT PROGRAM THAT SUPPORTS ORIGINAL RESEARCH AND TOPICAL WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Haibo Zou Treasurer | OfficerTrustee | 2 | $0 |
Magali Ader International Secretary | OfficerTrustee | 2 | $0 |
Sumit Chakraborty Vice President | OfficerTrustee | 2 | $0 |
Ken Rubin Goldschmidt Officer | OfficerTrustee | 2 | $0 |
Vickie Bennett President | OfficerTrustee | 2 | $0 |
Jeff Catalano Gca Executive Editor | OfficerTrustee | 2 | $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 | $32,929 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,929 |
| Total Program Service Revenue | $115,283 |
| Investment income | $113,890 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $77,234 |
| 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 | $339,336 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $244,949 |
| Fees for services: Legal | $7,725 |
| Fees for services: Accounting | $6,961 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,204 |
| Fees for services: Other | $6,761 |
| Advertising and promotion | $5,000 |
| Office expenses | $23,434 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,325 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,582 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,357 |
| All other expenses | $0 |
| Total functional expenses | $405,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $389,460 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,937 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,877 |
| Prepaid expenses and deferred charges | $213,315 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,048,751 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,656,340 |
| Accounts payable and accrued expenses | $5,264 |
| Grants payable | $0 |
| Deferred revenue | $88,885 |
| 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 | $94,149 |
| Net assets without donor restrictions | $3,344,901 |
| Net assets with donor restrictions | $217,290 |
| 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 | $3,656,340 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Geochemical Society has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Gordon E And Betty I Moore Foundation Palo Alto, CA PURPOSE: IN SUPPORT OF THE GOLDSCHMIDT CONFERENCE TO BE HELD IN HAWAII, JUNE 21-26, 2020. | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ready Mixed Concrete Research And Education Foundation Inc Alexandria, VA | $29,901,660 | $2,739,375 |
Chemical Educational Foundation Arlington, VA | $1,719,060 | $1,202,993 |
American Chemical Society Blacksburg, VA | $1,606,040 | $593,018 |
American Association For Aerosol Research Inc Reston, VA | $2,741,926 | $499,635 |
Geochemical Society Washington, DC | $3,656,340 | $339,336 |
Natl Orgn For The Prof Adv Of Black Chemists & Chemical Engineers Annapolis, MD | $1,085,327 | $714,435 |
Adhesion Society Incorporated Alexandria, VA | $127,816 | $0 |
International Society For Nucleotides & Nucleic Acids Baltimore, MD | $456,669 | $0 |
American Chemical Society Fallston, MD | $375,818 | $0 |