AMERICAN OIL CHEMISTS' SOCIETY (EIN 362179819) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1909

Legal Domicile

Principal Officer

MEGHAN DREWES

Phone

2173592344

Tax Period

2024-01-01 to 2024-12-31

AMERICAN OIL CHEMISTS' SOCIETY, founded in 1909, is a community nonprofit in the Science & Technology sector that reported $5.0M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

AOCS ADVANCES THE SCIENCE AND TECHNOLOGY OF OILS, FATS, PROTEINS, SURFACTANTS AND RELATED MATERIALS, ENRICHING THE LIVES OF PEOPLE EVERYWHERE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $64,373

Program Service Revenue $4,838,441

Investment Income $66,482

Other Revenue $47,390

TOTAL REVENUE $5,016,686

Expense Breakdown

Grants Paid $47,288

Salaries & Benefits $2,725,428

Fundraising Expenses $0

Program Expenses $3,561,301

Other Expenses $2,495,926

TOTAL EXPENSES $5,268,642

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,016,686	$5,375,503	-0.1%
Expenses	$5,268,642	$5,721,115	-0.1%
Net Income	$-251,956	$-345,612	-0.3%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

507

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

$411,666

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY O'LENICK	PRESIDENT	5.00	Officer Director	$0	$0	$0
GERARD BAILLELY	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
GREG HATFIELD	TREASURER	5.00	Officer Director	$0	$0	$0
FABIOLA DIONISI	SECRETARY	5.00	Officer Director	$0	$0	$0
GRANT MITCHELL	PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
TOM BRENNA	MEMBER	5.00	Director	$0	$0	$0
SUPRATIM GHOSH	MEMBER	5.00	Director	$0	$0	$0
ROGER NAHAS	MEMBER	5.00	Director	$0	$0	$0
SHAWN PAN	MEMBER	5.00	Director	$0	$0	$0
RAJAN PANANDIKER	MEMBER	5.00	Director	$0	$0	$0
BRUCE PATSEY	MEMBER	5.00	Director	$0	$0	$0
RICK THEINER	MEMBER	5.00	Director	$0	$0	$0
TONG TONI WANG	MEMBER	5.00	Director	$0	$0	$0
CHIBUIKE UDENIGWE	MEMBER	5.00	Director	$0	$0	$0
BRYAN YEH	MEMBER	5.00	Director	$0	$0	$0
HOLIDAY DURHAM ZANETTI	MEMBER	5.00	Director	$0	$0	$0
PATRICK DONNELLY	CHIEF EXECUTIVE OFFICER	38.00	Officer	$251,659	$26,569	$278,228
MEGHAN DREWES	CHIEF FINANCIAL OFFICER	40.00	Officer	$132,644	$794	$133,438
ERICA KRUTSCH	DIRECTOR OF MARKETING	40.00	Highest	$124,223	$11,261	$135,484
TIFFANIE WEST	DIRECTOR OF TECHNICAL SERVICES	40.00	Highest	$131,822	$9,712	$141,534
REBECCA GUENARD	EMPLOYEE	40.00	Highest	$104,476	$5,090	$109,566
TRAVIS SKODACK	EMPLOYEE	40.00	Highest	$106,690	$9,990	$116,680

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	$5,016,686	$5,268,642	$3,720,306	$-251,956
2023	$5,375,503	$5,721,115	$3,948,410	$-345,612
2022	$4,542,639	$5,567,177	$3,984,218	$-1,024,538
2021	$4,965,547	$4,717,152	$5,203,190	$248,395
2020	$3,953,990	$4,242,416	$4,723,785	$-288,426
2019	$5,039,292	$4,939,356	$5,002,697	$99,936
2018	$5,098,300	$5,070,578	$4,541,995	$27,722

AMERICAN OIL CHEMISTS' SOCIETY