American Chemical Society
- Assets
- $1.6m
- Revenue
- $95.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Reading, PA
- Founding
- 03/1967
- Data as of
- 12/2022
- EIN
- 71-6104814
Organization Overview
American Chemical Society, operating under the name Division of Colloid & Surface, is located in Reading, PA. The organization was established in 1967. 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. Division of Colloid & Surface 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, Division of Colloid & Surface generated $95.3k 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 (5.2%) each year. All expenses for the organization totaled $123.3k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE EXCHANGE OF SCIENTIFIC INFORMATION THROUGH SCIENTIFIC MEETINGS, TECHNICAL PUBLICATIONS AND RECOGNITION OF SCIENTIFIC AND EDUCATIONAL ACHIEVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFRASTRUCTURE PROGRAMS, GENERAL/OTHER: SPONSORS EDUCATIONAL AND SCIENTIFIC MEETINGS AND CONFERENCES, AND DISSEMINATES INFORMATION ON CHEMISTRY AND CHEMICAL ENGINEERING RESEARCH. PROVIDES TRAVEL SUPPORT FOR DOMESTIC AND INTERNATIONAL SPEAKERS, AND POSTDOCTORAL AND GRADUATE STUDENTS TO ATTEND NATIONAL MEETINGS OF THE AMERICAN CHEMICAL SOCIETY (ACS). SPONSORS A VARIETY OF EDUCATIONAL ACTIVITIES AND RECEPTIONS FOR ITS MEMBERS AT THE TWO NATIONAL ACS MEETINGS. ORGANIZES AND RUNS THE SUMMER COLLOID AND SURFACE SCIENCE SYMPOSIUM FOR BOTH DOMESTIC AND INTERNATIONAL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosa Espinosa-Marzal Membership Secretary | Officer | 1 | $0 |
James Batteas Chair | Officer | 5 | $0 |
Marina Ruths Vice Chair | Officer | 7 | $0 |
Lauren Zarzar Chair Elect | Officer | 2 | $0 |
Matthew Lynch Past Chair | Officer | 2 | $0 |
Lorena Tribe Treasurer | Officer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $64,002 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,268 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,270 |
| Total Program Service Revenue | $0 |
| Investment income | $29,505 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $12 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$36,484 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $95,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $28,342 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $351 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $794 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $52,157 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $123,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,903 |
| Savings and temporary cash investments | $2,006 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,458,482 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,588,391 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $840,892 |
| Net assets with donor restrictions | $747,499 |
| 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 | $1,588,391 |