DETROIT SECTION OF THE AMERICAN CHEMICAL SOCIETY (EIN 386062823) - 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

1964

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

DETROIT SECTION OF THE AMERICAN CHEMICAL SOCIETY, founded in 1964, is a micro nonprofit that reported $82K in total revenue in fiscal year 2023. Revenue fell 63% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 38% operating margin.

Mission

TO ENCOURAGE IN THE BROADEST AND MOST LIBERAL MANNER THE ADVANCEMENT OF CHEMISTRY IN ALL ITS BRANCHES

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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 (2023)

Revenue Breakdown

Contributions & Grants $24,197

Program Service Revenue $2,368

Investment Income $49,192

Other Revenue $6,281

TOTAL REVENUE $82,038

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $32,793

Other Expenses $48,226

TOTAL EXPENSES $50,551

Year-over-Year Comparison

	2023	2022	Change
Revenue	$82,038	$224,247	-0.6%
Expenses	$50,551	$24,129	+1.1%
Net Income	$31,487	$200,118	-0.8%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
KURT REIMANN	TRUST FUND TREASURER	Director	$0	$0	$0
MARY KAY HEIDTKE	COUNCILORS	Director	$0	$0	$0
AMY HAMLIN	COUNCILOR	Director	$0	$0	$0
JAMES LANDIS JR	COUNCILOR	Director	$0	$0	$0
DARRELL MARSHALL	TREASURER	Officer	$0	$0	$0
FARDUSEE JAIGRIDAR	SECRETARY	Officer	$0	$0	$0
SUE WHITE	CHAIR	Officer	$0	$0	$0
SEAN P HICKEY	CHAIR ELECT	Officer	$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
2023	$82,038	$50,551	$1,109,893	$31,487
2022	$224,247	$24,129	$941,651	$200,118
2021	$113,015	$13,206	$1,057,942	$99,809
2020	$55,662	$15,140	$853,212	$40,522
2019	$101,448	$57,204	$737,967	$44,244
2018	$90,109	$45,471	$598,596	$44,638

DETROIT SECTION OF THE AMERICAN CHEMICAL SOCIETY