Society For The Advancement Of Manufacturing
- Assets
- $309.0k
- Revenue
- $8.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 12/2007
- Data as of
- 12/2023
- EIN
- 61-1501301
Organization Overview
Society For The Advancement Of Manufacturing is located in Wichita, KS. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For The Advancement Of Manufacturing 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 12/2023, Society For The Advancement Of Manufacturing generated $8.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $27.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Society For The Advancement Of Manufacturing has awarded 81 individual grants totaling $158,319. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS COLLEGE AND UNIVERSITY FUNDING AND CONTRIBUTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald L Lenhart President | 0 | $0 | |
Robert Cropp Secretary | 0 | $0 | |
Reed Bennett Treasurer | 0 | $0 | |
Terance Klein Board Member | 0 | $0 | |
Rocklynn Slagle Board Member | 0 | $0 | |
Steve Huscher Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,828 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,828 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $42 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,935 |
| Printing and publications | $23 |
| Other expenses | $311 |
| Total operating and administrative expenses | $2,711 |
| Contributions, gifts, grants paid | $24,275 |
| Total expenses and disbursements | $26,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,246 |
| Savings and temporary cash investments | $303,796 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $309,042 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Society For The Advancement Of Manufacturing has awarded $24,275 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
WICHITA AREA TARC TEAM (STEM) PURPOSE: CONTRIBUTION | $1,000 |
SOCIETY OF MANUFACTURING ENGINEERS PURPOSE: CONTRIBUTION | $7,500 |
WICHITA MANUFACTURERS ASSOCIATION PURPOSE: CONTRIBUTION | $1,000 |
BRETHREN IN CHRIST US PURPOSE: CONTRIBUTION | $100 |
LORD'S DINER PURPOSE: CONTRIBUTION | $50 |
HOLY CROSS LUTHERAN CHURCH PURPOSE: CONTRIBUTION | $125 |