American Chemical Society is located in Gainesville, FL. The organization was established in 1946. 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. 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 12/2020, American Chemical Society generated $4.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (39.9%) each year. All expenses for the organization totaled $3.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (42.7%) per year over the past 5 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
2020
Describe the Organization's Program Activity:
Part 3
MAJOR SERVICE ACCOMPLISHMENT IS THE ANNUAL FLORIDA SECTION CHEMISTRY MEETING. THIS MEETING PROVIDES A VEHICLE TO SHARE CHEMISTRY RESULTS AMONGST FLORIDA UNDERGRADUATE AND GRADUATE STUDENTS, POST-DOCTORAL ASSOCIATES, PROFESSORS, HIGH SCHOOL TEACHERS, BUSINESS LEADERS, AND CITIZENS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Grenning Chair | 5 | $0 | |
Michael Mury Secretary | 5 | $0 | |
An-Phong Le Treasurer | 5 | $0 | |
Kari Basso Chair-Elect | 5 | $0 | |
Carmen Gauthier Councilor | 5 | $0 | |
Leslie Murray Councilor | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,155 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,155 |
| 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 | $568 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,680 |
| Total expenses | $3,348 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,475 |
| Other assets | $0 |
| Total assets | $22,475 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $21,475 |