American Production & Inventory Control Soc is located in Hainesport, NJ. The organization was established in 1981. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Production & Inventory Control Soc 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 06/2024, American Production & Inventory Control Soc generated $70.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $80.7k during the year ending 06/2024. While expenses have increased by 22.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
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| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Lawton President | 8 | $0 | |
Jenny Wang Executive Vice President | 8 | $0 | |
Robert L Wetherill Jr Treasurer | 25 | $0 | |
Kevin Lawton President | 8 | $0 | |
Jenny Wang Executive Vice President | 8 | $0 | |
Robert L Wetherill Jr Treasurer | 25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $61,599 |
| Membership dues | $7,664 |
| Investment income | $1,172 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,435 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $8,471 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $68,280 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,496 |
| Other expenses | $0 |
| Total expenses | $80,747 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,453 |
| Other assets | $0 |
| Total assets | $74,453 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,453 |