Association for Chemoreception Sciences EIN 52-1226954

Association for Chemoreception Sciences FY2024 filing

EIN  52-1226954 Public charity (501(c)(3)) Glenview, IL
Form 990 (PDF)
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Size
$100K–1M
What they do
Studies how smell, taste, and irritation affect our senses and actions.
Leadership
Yanina Pepino · Pres. Elect
Money in and out
$341K revenue, $419K expenses
Bottom line
87% program efficiency

Studies how smell, taste, and irritation affect our senses and actions. For fiscal year 2024 it reported $341K in revenue, $419K in expenses, and $282K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$341K
Pt VIII · Ln 12
Total expenses
$419K
Pt IX · Ln 25
Net assets
$282K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$78K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs
Operating runway
6.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-23%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$341K
FY2024▼ -9%
Expenses
$419K
FY2024▼ -12%
Total assets
$282K
FY2024▼ -18%
Total liabilities
$0
FY2024
Total revenue
$341K
Pt VIII · Ln 12
Total expenses
$419K
Pt IX · Ln 25
Net assets
$282K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$78K
Total assetsPt X · Ln 16$282K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

3 program services account for $356K of program spending, described in the organization's own filed words · FY2023.
01

Sponsored the annual meeting which was held during April of 2024 in Bonita Springs, FL as well as online. The meeting included over 450 participants from 20 different countries. The meeting covered the most recent research and developments regarding chemical senses.

$332Kprogram expense
02

Published and distributed a journal and newsletter highlighting the activities of the organization. Also maintained the organization website to provide pertinent information to members including links to various clinics, research centers, training programs, publications, articles, etc.

$16Kprogram expense
03

Setup various resources on the associations website providing webinars and various educational opportunities.

$8Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAssociation for Chemoreception Sciences
EINHdr · item D52-1226954
Principal addressHdr · item CGlenview, IL
WebsiteHdr · item Jwww.achems.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFNov 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Pres. Elect
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$262K · 77%
Contributions & grants$71K · 21%
Investment income$8K · 2%
Program service revenue77%$262K
Contributions & grants21%$71K
Investment income2%$8K
Other revenue$257
— government grantsLn 1e$40K
Total revenueLn 12$341K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$363K
Management & general13%$56K
Total functional expensesLn 25$419K

Balance Sheet

Part X · end of year
CashLn 1$10K
Total assetsLn 16$282K
Total liabilitiesLn 26$0
Total net assetsLn 32$282K
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $227K · Operating expenses/yr $419K
6.5 months
Where the money goes
Program services
Program services $363K · Total expenses $419K
87%
Management & General
Management & general $56K · Total expenses $419K
13%
Fundraising
Fundraising $0 · Total expenses $419K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $78K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $71K · Total revenue $341K
21%
Government reliance
Government grants $40K · Total revenue $341K
12%
Earned-income share
Program service revenue $262K · Total revenue $341K
77%
Investment reliance
Investment income $8K · Total revenue $341K
+2%
Program self-sufficiency
Program service revenue $262K · Total expenses $419K
62%
Growth & trend
Revenue growth (YoY)
This year $341K · Prior year $375K
-9%
Net-asset trend (YoY)
End of year $282K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $341K · Expenses $419K
-23%
Liabilities-to-Assets
Total liabilities — · Total assets $282K
Net-asset ratio
Net assets $282K · Total assets $282K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $217K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $282K
77%
People & payroll
Highest Reported Total Compensation
Individual Yanina Pepino · Reported title Pres. Elect · Highest reported compensation $0 · Total expenses $419K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $419K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0%
Revenue growth -9%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$25K
Grants paid · 41 grants · $212K · 2020–2024
Unitemized GrantFY2024$14,125
Unitemized GrantFY2024$6,000
Unitemized GrantFY2024$2,000
Unitemized GrantFY2024$2,000
Unitemized GrantFY2024$2,000
Unitemized GrantFY2024$1,000
Unitemized GrantFY2024$500
Unitemized GrantFY2024$500
Unitemized GrantFY2024$250
Unitemized GrantFY2023$28,806
Unitemized GrantFY2023$13,049
Unitemized GrantFY2023$3,000
Unitemized GrantFY2023$3,000
Unitemized GrantFY2023$2,100
Unitemized GrantFY2023$2,000
Unitemized GrantFY2023$2,000
Unitemized GrantFY2023$1,000
Unitemized GrantFY2023$500
See all 41 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$448K revenue · ⤓ 990 PDF
FY2024$341K revenue · viewing · ⤓ 990 PDF
FY2023$375K revenue · ⤓ 990 PDF
FY2022$325K revenue · ⤓ 990 PDF
FY2021$377K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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