AMERICAN OIL CHEMISTS' SOCIETY

EIN: 362179819 501(c)(3) Science & Technology

CHAMPAIGN, IL

Total Revenue
$5,560,093
Total Expenses
$5,345,421
Total Assets
$4,091,977
Net Assets
$2,200,679
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1909
Legal Domicile
IL
Principal Officer
MEGHAN DREWES
Phone
2173592344
Tax Period
2025-01-01 to 2025-12-31

AMERICAN OIL CHEMISTS' SOCIETY, founded in 1909, is a community nonprofit in the Science & Technology sector that reported $5.6M in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $5.3M left a modest 4% surplus.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $968,933 Revenue: $1,215,463

EDUCATION/MEETINGS & CONFERENCE - ANNUAL MEETINGS, WORLD CONFERENCE AND OTHER SHORT COURSES FOR EDUCATION AND NETWORKING.

Program 2
Expenses: $1,319,344 Revenue: $2,192,202

TECHNICAL DEPARTMENT - EXPENSES FOR PROFESSIONAL ACTIVITIES RELATED TO TESTING MATERIALS AND OTHER TECHNICAL PROGRAMS AND PUBLICATION OF TECHNICAL METHODS OF ANALYSIS.

Program 3
Expenses: $451,303 Revenue: $1,012,557

PUBLICATIONS - MONTHLY PUBLICATIONS OF JOURNAL OF AMERICAN OIL CHEMISTS, JOURNAL OF SURFACTANTS AND DETERGENTS, INFORM MAGAZINE, AND LIPIDS JOURNAL, AND MONOGRAPHS

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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 (2025)

Revenue Breakdown

Contributions & Grants $61,932
Program Service Revenue $5,340,119
Investment Income $76,422
Other Revenue $81,620
TOTAL REVENUE $5,560,093

Expense Breakdown

Grants Paid $46,948
Salaries & Benefits $2,697,896
Fundraising Expenses $0
Program Expenses $3,630,241
Other Expenses $2,600,577
TOTAL EXPENSES $5,345,421

Year-over-Year Comparison

2025 2024 Change
Revenue $5,560,093 $5,016,686 +0.1%
Expenses $5,345,421 $5,268,642 +0.0%
Net Income $214,672 $-251,956 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
28
Volunteers
630

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
7
$462,127
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
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
$258,718 $28,143 $286,861
MEGHAN DREWES CHIEF FINANCIAL OFFICER 40.00
Officer
$162,623 $12,643 $175,266
ERICA KRUTSCH DIRECTOR OF MARKETING 40.00
Highest
$126,782 $12,615 $139,397
TIFFANIE WEST DIRECTOR OF TECHNICAL SERV 40.00
Highest
$133,793 $10,762 $144,555
REBECCA GUENARD EMPLOYEE 40.00
Highest
$114,736 $7,262 $121,998
TRAVIS SKODACK EMPLOYEE 40.00
Highest
$111,857 $11,553 $123,410
ELLEN SNIPES EMPLOYEE 40.00
Highest
$101,529 $8,402 $109,931
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
2025 $5,560,093 $5,345,421 $4,091,977 $214,672
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
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