American Chemical Society
American Chemical Society maintains strong asset growth and zero liabilities despite fluctuating annual expenses.
EIN: 166052562 · W Lafayette, IN · Updated: 2026-03-28
Is American Chemical Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Chemical Society directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Chemical Society
American Chemical Society (EIN: 166052562) is a nonprofit organization based in W Lafayette, IN. The organization reported total revenue of $157K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Chemical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Chemical Society with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, American Chemical Society allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or their compensation is not reported in this category, which is a strong positive for donor trust relative to the organization's size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for American Chemical Society:
- Consistent zero liabilities across all reported periods.
- Significant and consistent growth in assets, from $532,839 in 2014 to $1,174,570 in 2023.
- Reported 0% officer compensation across all filings, indicating high transparency or uncompensated leadership.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating regulatory compliance and transparency.
- Ability to generate substantial surpluses in certain years, such as $198,120 in 2021.
Frequently Asked Questions about American Chemical Society
Is American Chemical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, American Chemical Society (EIN: 166052562) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does American Chemical Society spend its money?
American Chemical Society directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Chemical Society tax-deductible?
American Chemical Society is registered as a tax-exempt nonprofit (EIN: 166052562). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Chemical Society financially stable?
Yes, the American Chemical Society appears financially stable. They have consistently maintained zero liabilities across all 13 reported periods and have shown significant asset growth from $532,839 in 2014 to $1,174,570 in 2023.
How has American Chemical Society's asset base changed over time?
The organization's assets have grown substantially, from $532,839 in 2014 to $1,174,570 in 2023, indicating effective asset management and accumulation.
Does American Chemical Society have any debt?
No, the American Chemical Society has reported $0 in liabilities across all available IRS 990 filings, indicating no reported debt.
What is the trend in American Chemical Society's revenue and expenses?
Revenue has generally been consistent, averaging around $150,000 annually, with a peak of $250,733 in 2021. Expenses have fluctuated, sometimes exceeding revenue (e.g., $141,646 expenses vs. $116,435 revenue in 2022) and sometimes being significantly lower (e.g., $52,613 expenses vs. $250,733 revenue in 2021).
Filing History
IRS 990 filing history for American Chemical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Chemical Society's revenue has declined by 13.6%, moving from $143K to $123K. Total assets increased by 137.9% over the same period, from $494K to $1.2M. Total functional expenses rose by 3.2%, from $100K to $103K. In its most recent filing year (2023), American Chemical Society reported a surplus of $20K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $103K | $1.2M | $0 | — | View 990 |
| 2022 | $116K | $142K | $1.0M | $0 | — | View 990 |
| 2021 | $251K | $53K | $1.2M | $0 | — | — |
| 2020 | $180K | $34K | $880K | $0 | — | View 990 |
| 2019 | $154K | $146K | $417K | $0 | — | View 990 |
| 2018 | $151K | $173K | $408K | $0 | — | View 990 |
| 2017 | $147K | $186K | $431K | $0 | — | View 990 |
| 2016 | $143K | $178K | $470K | $0 | — | View 990 |
| 2015 | $134K | $162K | $505K | $0 | — | View 990 |
| 2014 | $145K | $158K | $533K | $0 | — | View 990 |
| 2013 | $139K | $115K | $545K | $0 | — | View 990 |
| 2012 | $143K | $116K | $520K | $0 | — | View 990 |
| 2011 | $143K | $100K | $494K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $103K, and assets of $1.2M (revenue +6.0% year-over-year).
- 2022: Revenue of $116K, expenses of $142K, and assets of $1.0M (revenue -53.6% year-over-year).
- 2021: Revenue of $251K, expenses of $53K, and assets of $1.2M (revenue +39.6% year-over-year).
- 2020: Revenue of $180K, expenses of $34K, and assets of $880K (revenue +16.4% year-over-year).
- 2019: Revenue of $154K, expenses of $146K, and assets of $417K (revenue +2.5% year-over-year).
- 2018: Revenue of $151K, expenses of $173K, and assets of $408K (revenue +2.4% year-over-year).
- 2017: Revenue of $147K, expenses of $186K, and assets of $431K (revenue +3.0% year-over-year).
- 2016: Revenue of $143K, expenses of $178K, and assets of $470K (revenue +6.6% year-over-year).
- 2015: Revenue of $134K, expenses of $162K, and assets of $505K (revenue -7.8% year-over-year).
- 2014: Revenue of $145K, expenses of $158K, and assets of $533K (revenue +4.2% year-over-year).
- 2013: Revenue of $139K, expenses of $115K, and assets of $545K (revenue -2.6% year-over-year).
- 2012: Revenue of $143K, expenses of $116K, and assets of $520K (revenue +0.2% year-over-year).
- 2011: Revenue of $143K, expenses of $100K, and assets of $494K.
Data Sources and Methodology
This transparency report for American Chemical Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.