Center For Powder Metallurgy Technology
- Assets
- $1.7m
- Revenue
- $97.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 06/1985
- Data as of
- 12/2021
- EIN
- 22-2352264
Organization Overview
Center For Powder Metallurgy Technology is located in Princeton, NJ. The organization was established in 1985. 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. Center For Powder Metallurgy Technology 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, Center For Powder Metallurgy Technology generated $97.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $101.9k during the year ending 12/2021. 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 PROMOTE THE FURTHERMENT OF POWDER METALLURGY AND RELATED RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH PROGRAMS FOR FURTHERMENT OF POWDER METALURGY
SCHOLARSHIPS TO STUDENTS STUDYING MATERIAL SCIENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James P Adams Secretary/treasurer | OfficerTrustee | 2 | $0 |
Bud Jones President | OfficerTrustee | 0.5 | $0 |
Jeffrey R Hamilton Past President | OfficerTrustee | 0.5 | $0 |
Leonid Frayman Trustee | Trustee | 0.5 | $0 |
Thomas Pfingstler Trustee | Trustee | 0.5 | $0 |
Brad Morningstar Pmt Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $52,700 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,700 |
| Total Program Service Revenue | $0 |
| Investment income | $40,700 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,738 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,138 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,000 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $66 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,897 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $101,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,445 |
| Savings and temporary cash investments | $274,804 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,570 |
| 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 | $200 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,436,162 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,724,181 |
| Accounts payable and accrued expenses | $29,441 |
| 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 | $29,441 |
| Net assets without donor restrictions | $328,652 |
| Net assets with donor restrictions | $1,366,088 |
| 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 | $1,724,181 |
Endowment Analysis
| Beg. Balance | $1,384,732 |
| Earnings | -$2,835 |
| Grants | $15,809 |
| Ending Balance | $1,366,088 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Institute Of Chemical Engineers New York, NY | $68,575,024 | $50,980,914 |
Science History Institute Philadelphia, PA | $39,869,660 | $7,703,716 |
Polymer Processing Institute At Njit University Heights New, NJ | $4,651,810 | $5,118,235 |
Chemical Industry Council Of New Jersey Trenton, NJ | $3,322,735 | $1,581,990 |
American Chemical Society Jamaica, NY | $897,419 | $145,505 |
Center For Powder Metallurgy Technology Princeton, NJ | $1,724,181 | $97,138 |
National Registry Of Certified Chemists West Grove, PA | $144,513 | $0 |
Society Of Flavor Chemists Inc Neptune, NJ | $69,151 | $52,787 |
Chemists Club New York, NY | $19,563 | $102,672 |
National Association Of Scientific Materials Managers Scranton, PA | $377,335 | $0 |
Catalysis Society Of Metropolitan New Yor Inc Piscataway, NJ | $148,510 | $0 |
American Chemical Society Philadelphia, PA | $785,496 | $122,929 |