American Foundry Society
- Assets
- $177.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Pittsburg, TN
- Founding
- 12/1944
- Data as of
- 06/2023
- EIN
- 62-6080277
Organization Overview
American Foundry Society is located in South Pittsburg, TN. The organization was established in 1944. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, 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 Foundry Society is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, American Foundry Society generated $72.4k 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 (12.0%) each year. All expenses for the organization totaled $35.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (23.0%) per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS AND GRANTS TOUNIVERSITIES EQUIPMENT TO SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marshall Miller Chairman | 0 | $0 | |
Larry Helm Vice Chairman | 0 | $0 | |
Karen Dunegan Secretary | 0 | $0 | |
David Fletcher Treasurer | 0 | $0 | |
Jerry Donohue Membership Chair | 0 | $0 | |
Larry Helm Education Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,350 |
| Total Program Service Revenue | $5,259 |
| Membership dues | $244 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $36,547 |
| Other Revenue | $0 |
| Total Revenue | $72,400 |
| 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 | $8,490 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,298 |
| Total expenses | $35,288 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,737 |
| Other assets | $0 |
| Total assets | $177,745 |
| Total liabilities | $0 |
| Net assets or fund balances | $177,745 |