American Chemical Society Cincinnati Section

EIN: 316035468 501(c)(3) Science & Technology

Cincinnati, OH

Total Revenue
$69,371
Total Expenses
$57,715
Total Assets
$570,295
Net Assets
$570,295
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
OH
Principal Officer
Sharon Scott
Phone
5136077132
Tax Period
2024-01-01 to 2024-12-31

American Chemical Society Cincinnati Section, founded in 2004, is a micro nonprofit in the Science & Technology sector that reported $69K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12K, a strong 17% operating margin.

Mission

Encourage education and research in the area of chemistry.

Program Service Accomplishments

Program 1
Expenses: $4,910

AWARDS: The local section supports awards to encourage excellence in teaching, learning, and research in the chemistry enterprise. VISA gift cards were awarded to top students at the regional science...

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AWARDS: The local section supports awards to encourage excellence in teaching, learning, and research in the chemistry enterprise. VISA gift cards were awarded to top students at the regional science fair at University of Cincinnati (an expense of $318). An expense of $644.70 was used to provide two local middle and high school science teachers awards of $250 each plus personalized plaques recognizing their excellence in teaching. The Oesper award is given each year recognizing an outstanding researcher in the field of chemistry; the expenses for the plaques for the 2023 and 2024 winners were recorded in 2024 as an expense of $180.60. Local students were given the Olympiad exam in chemistry and top scoring students were recognized with gift card awards; the exam administration and gift cards totaled $1,681.39.

Program 2
Expenses: $20,305 Revenue: $3,920

MEETINGS: The society hosts meetings to promote expertise in chemical knowledge, sharing of innovative ideas in the field, and networking among members. 6 of these meetings were held in 2024...

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MEETINGS: The society hosts meetings to promote expertise in chemical knowledge, sharing of innovative ideas in the field, and networking among members. 6 of these meetings were held in 2024, including an Awards Night and Fall Social.

Program 3
Expenses: $11,529

TRAVEL: Typically one or two members of the board are supported to travel to the ACS Leadership Development Institute. This year our chair-elect attended this event with an expense of $950.46. Also...

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TRAVEL: Typically one or two members of the board are supported to travel to the ACS Leadership Development Institute. This year our chair-elect attended this event with an expense of $950.46. Also, Councilors, who are elected officers of our section, travel to national meetings twice yearly to represent our local section and its interests at the Council meeting, where all councilors vote on policy changes and national leadership. $11,528.60 was the councilor travel reimbursement expense in 2024. Finally, two $500 travel awards were provided to local undergraduate chemistry departments to support travel of their students to ACS conferences.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $33,932
Program Service Revenue $3,920
Investment Income $31,119
Other Revenue $400
TOTAL REVENUE $69,371

Expense Breakdown

Grants Paid $17,757
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $53,713
Other Expenses $39,958
TOTAL EXPENSES $57,715

Year-over-Year Comparison

2024 2023 Change
Revenue $69,371 $40,316 +0.7%
Expenses $57,715 $27,003 +1.1%
Net Income $11,656 $13,313 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harshita Kumari Chair - Exited 12/24 1.00
Officer Director
$0 $0 $0
Dilnoza Amirkulova Chair Elect - Exited 12/24 1.00
Officer Director
$0 $0 $0
Marissa Saladin Secretary 1.00
Officer Director
$0 $0 $0
Kendra Denlinger Treasurer - Exited 12/24 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $69,371 $57,715 $570,295 $11,656
2023 $40,316 $27,003 $525,525 $13,313
2022 $38,834 $41,704 $451,840 $-2,870
2021 $55,758 $13,050 $531,833 $42,708
2020 $30,978 $17,775 $450,466 $13,203
2019 $58,102 $49,630 $401,519 $8,472
2018 $60,262 $49,866 $360,367 $10,396
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