American Foundry Society
- Assets
- $263.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mc Calla, AL
- Founding
- 01/1968
- Data as of
- 05/2022
- EIN
- 63-6066378
Organization Overview
American Foundry Society is located in Mc Calla, AL. The organization was established in 1968. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, 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 Foundry Society 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 05/2022, American Foundry Society generated $107.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $101.4k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Aultman 1st Vice Chair | 5 | $0 | |
John Letts Chapter Chairman | 15 | $0 | |
Billy Anderson 2nd Vice Chair | 5 | $0 | |
Aaron Weir Secretary | 5 | $0 | |
Mattie Laprade Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,635 |
| Total Program Service Revenue | $80,065 |
| Membership dues | $5,135 |
| Investment income | $6,086 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $731 |
| Total Revenue | $107,652 |
| 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 | $911 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $87,007 |
| Total expenses | $101,418 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $263,437 |
| Other assets | $0 |
| Total assets | $263,437 |
| Total liabilities | $0 |
| Net assets or fund balances | $263,437 |
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