American Chemical Society
- Assets
- $246.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Anderson, SC
- Founding
- 05/1967
- Data as of
- 12/2022
- EIN
- 52-6060201
Organization Overview
American Chemical Society is located in Anderson, SC. The organization was established in 1967. 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. 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 12/2022, American Chemical Society generated $31.9k 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 (14.0%) each year. All expenses for the organization totaled $10.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Wilson Program Chair 2023 | 1 | $0 | |
Justin Walensky Program Chair 2024 | 1 | $0 | |
Annie Kersting Program Chair 2025 | 1 | $0 | |
Brian Powell Treasurer | 1 | $0 | |
Amy Hixon Secretary | 1 | $0 | |
Graham Peaslee Councilor 2021-2023 | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,889 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $28 |
| Total Revenue | $31,925 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,296 |
| 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 | $549 |
| Other expenses | $6,318 |
| Total expenses | $10,163 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $246,704 |
| Other assets | $0 |
| Total assets | $246,704 |
| Total liabilities | $0 |
| Net assets or fund balances | $246,704 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Concrete Advancement Foundation Inc Alexandria, VA | $25,431,410 | $2,555,399 |
Chemical Educational Foundation Arlington, VA | $1,599,932 | $1,171,307 |
American Chemical Society Sanford, NC | $7,347,521 | $1,501,528 |
American Chemical Society Blacksburg, VA | $1,154,796 | $637,866 |
Geochemical Society Alexandria, VA | $3,562,705 | $318,933 |
American Chemical Society Crozet, VA | $538,490 | $117,112 |
Adhesion Society Incorporated Alexandria, VA | $134,826 | $0 |