Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.75x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
51st percentile
Higher top officer pay than 51% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$958,520
Down $99,315 (-9.4%) from 2019
Net Assets
Down$243,571
Down $224,934 (-48%) from 2019
Liabilities
Up$714,949
Up $125,619 (+21%) from 2019
Revenue And Expenses
Revenue
Down$5,079
Down $19,826 (-80%) from 2019
Expenses
Down$286,854
Down $104,108 (-27%) from 2019
Net Income
Up-$281,775
Up $84,282 (+23%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Sep 23, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $5,079
Mission and Program Overview
Mission
To organize and conduct international congresses for the presentation of papers, panel discussions, symposia, and other programs reporting the results of recent research in the chemical sciences.
To organize and conduct international congresses for the presentation of papers, panel discussions, and symposia in the chemical sciences.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,057,835 | $958,520 | ▼ $99,315 |
| Cash and Non-Interest-Bearing Accounts | $0 | $0 | → $0 |
| Accounts Receivable | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Total Assets | $1,057,835 | $958,520 | ▼ $99,315 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $589,330 | $702,749 | ▲ $113,419 |
| Deferred Revenue | $0 | $12,200 | ▲ $12,200 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $589,330 | $714,949 | ▲ $125,619 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $468,505 | $243,571 | ▼ $224,934 |
| Net Assets With Donor Restrictions | $0 | $0 | → $0 |
| Total Net Assets Fund Balance | $468,505 | $243,571 | ▼ $224,934 |
| Total Liabilities and Net Assets / Fund Balance | $1,057,835 | $958,520 | ▼ $99,315 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Dr Eiichi Nakamura | President, Director |
| Dr Yvan Guindon | Secretary,director |
| Dr George L Trainor | Treasurer,director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $0
- Investment Income
- $5,079
- Other Revenue
- $0
- Change in Net Assets
- $-281,775
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $286,854 |
| Total Fundraising Expense | $4,612 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Information Technology | $106,552 | - | - | $106,552 |
| Fees for Services Other | $59,172 | $27,620 | - | $86,792 |
| Fees for Services Management | - | $39,000 | - | $39,000 |
| Fees for Services Legal | - | $20,966 | - | $20,966 |
| Conferences and Meetings | $10,759 | - | - | $10,759 |
| Fees for Services Accounting | - | $6,500 | - | $6,500 |
| Insurance | $5,437 | - | - | $5,437 |
| Travel | $18 | - | $4,612 | $4,630 |
| All Other Expenses | $324 | - | - | $324 |
| Total Functional Expenses | $188,156 | $94,086 | $4,612 | $286,854 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Part VI, Section A - Governing Body and Management line 6:
“Did the organization have members or stockholders? Yes. Pachfichem, inc. Is a not-for-profit corporation whose membership is open to persons interested in advancing and supporing the exempt purposes of the corporation. The board of directors may approve applicants for membership based on established criteria, qualifications and policies. Members may be removed at any time by a unanimous vote of the board of dirctors and any member may terminate membership upon written notice. Members of the corporation have no voting rights, other than the three founding members who have the right to appoint one member of the board of directors.”
Part VI, Section B Policies, line 11B:
“Describe in Schedule O the process, if any, used by the organization to review this Form 990. THE PACIFICHEM INC. FORM 990, INCLUDING REQUIRED SCHEDULES AND SUPPORTING DOCUMENTATION, WAS PREPARED BY A CONTRACTED ORGANIZATION. A COPY OF THE FINAL FORM 990 AND REQUIRED SCHEDULES WAS MADE AVAILABLE TO EACH MEMBER OF THE PACIFICHEM INC.'S BOARD OF DIRECTORS FOR THEIR REVIEW.”
PART VI, SECTION C - DISCLOSURE, LINE 19:
“Describe in schedule o whether (and if so, how) the organization makes its governing documents, conflict of interest policy, and financial statements available to the public. The pacifichem, inc.'s bylaws, regulations, written conflict of interest policy contained within its regulations, and financial statements are currently available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Pacifichem Inc
- EIN
- 46-5207009
- In Care Of
- % DR GEORGE TRAINOR
- Phone
- 2028724596
- Address
- 1155 Sixteenth Street N W, Washington, DC 20036-4892
Signing Officer
- Name
- Dr George Trainor
- Title
- Treasurer, Director
- Phone
- 2028724596
- Signed
- 2021-09-23
Organization Details
- Principal Officer
- Dr Eiichi Nakamura
- Formed
- 2014
- Legal Domicile
- Dc
- Voting Board Members
- 3
- Independent Board Members
- 3
- Employees
- 0
- Volunteers
- 4
Supplemental Narrative
Additional Explanations
Line 7A:
“DID THE ORGANIZATION HAVE MEMBERS, STOCKHOLDERS, OR OTHERWISE PERSONS WHO HAD THE POWER TO ELECT OR APPOINT ONE OR MEMBERS OF THE GOVERNIN BOARD? YES. As described on line 6, only the three Founding Members have voting rights to appoint only one member of the Board of Directors. The three founding members are The American Chemical Society (ACS), The Canadian Society for Chemistry (CSC), and The Chemical Society of Japan (CSJ).”
Line 12C:
“Did the organization regularly and consistently monitor and enforce compliance with the conflict of interest policy? Yes. If "yes", describe in schedule o how this is done. Persuant to pacifichem's bylaws, directors, officers and members of a committee with board delegated powers are required to annually submit a completed conflict of interest disclosure form. Periodic reviews are conducted by the board of directors.”
Part XI, Line 9
“Reversal of grant expenses: $56,841”
Form 990 Part IX Line 11G
“Description:consulting services total fees:59172”
Form 990 Part IX Line 11G
“Description:professional services total fees:27620”
Raw XML AppendixShowing 400 of 419 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | EDUCATION - The primary purpose of the Corporation is to organize and conduct international congresses for the presentation of papers, panel discussions, symposia, and other programs reporting the results of recent research in the chemical sciences including chemistry, chemical engineering and biochemistry to enhance the dissemination and exchange of chemical knowledge by scientists and engineers of the Pacific Basin countries and other congress participants, thereby aiding in the development of the industries of each participating country, addressing the problems associated with the local and global environments, and adding to the material prosperity and happiness of their respective peoples. |
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| IRS990/PrincipalOfficerNm | 0 | DR EIICHI NAKAMURA |
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| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYContributionsGrantsAmt | 0 | 0 |
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| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
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| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 958520 |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3375 |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 24906 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 7096 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 37081 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 25560 |
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 48569 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 24906 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 7096 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 37081 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.39187 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00370 |
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| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 5600 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 5600 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.54895 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99300 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 51944 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 94625 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DID THE ORGANIZATION HAVE MEMBERS OR STOCKHOLDERS? YES. PACHFICHEM, INC. IS A NOT-FOR-PROFIT CORPORATION WHOSE MEMBERSHIP IS OPEN TO PERSONS INTERESTED IN ADVANCING AND SUPPORING THE EXEMPT PURPOSES OF THE CORPORATION. THE BOARD OF DIRECTORS MAY APPROVE APPLICANTS FOR MEMBERSHIP BASED ON ESTABLISHED CRITERIA, QUALIFICATIONS AND POLICIES. MEMBERS MAY BE REMOVED AT ANY TIME BY A UNANIMOUS VOTE OF THE BOARD OF DIRCTORS AND ANY MEMBER MAY TERMINATE MEMBERSHIP UPON WRITTEN NOTICE. MEMBERS OF THE CORPORATION HAVE NO VOTING RIGHTS, OTHER THAN THE THREE FOUNDING MEMBERS WHO HAVE THE RIGHT TO APPOINT ONE MEMBER OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DID THE ORGANIZATION HAVE MEMBERS, STOCKHOLDERS, OR OTHERWISE PERSONS WHO HAD THE POWER TO ELECT OR APPOINT ONE OR MEMBERS OF THE GOVERNIN BOARD? YES. As described on line 6, only the three Founding Members have voting rights to appoint only one member of the Board of Directors. The three founding members are The American Chemical Society (ACS), The Canadian Society for Chemistry (CSC), and The Chemical Society of Japan (CSJ). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Describe in Schedule O the process, if any, used by the organization to review this Form 990. THE PACIFICHEM INC. FORM 990, INCLUDING REQUIRED SCHEDULES AND SUPPORTING DOCUMENTATION, WAS PREPARED BY A CONTRACTED ORGANIZATION. A COPY OF THE FINAL FORM 990 AND REQUIRED SCHEDULES WAS MADE AVAILABLE TO EACH MEMBER OF THE PACIFICHEM INC.'S BOARD OF DIRECTORS FOR THEIR REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DID THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY? YES. IF "YES", DESCRIBE IN SCHEDULE O HOW THIS IS DONE. PERSUANT TO PACIFICHEM'S BYLAWS, DIRECTORS, OFFICERS AND MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS ARE REQUIRED TO ANNUALLY SUBMIT A COMPLETED CONFLICT OF INTEREST DISCLOSURE FORM. PERIODIC REVIEWS ARE CONDUCTED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIBE IN SCHEDULE O WHETHER (AND IF SO, HOW) THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE PACIFICHEM, INC.'S BYLAWS, REGULATIONS, WRITTEN CONFLICT OF INTEREST POLICY CONTAINED WITHIN ITS REGULATIONS, AND FINANCIAL STATEMENTS ARE CURRENTLY AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | REVERSAL OF GRANT EXPENSES: $56,841 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | DESCRIPTION:CONSULTING SERVICES TOTAL FEES:59172 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | DESCRIPTION:PROFESSIONAL SERVICES TOTAL FEES:27620 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part VI, Section A - Governing Body and Management line 6: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Line 7A: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part VI, Section B Policies, line 11B: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Line 12C: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | PART VI, SECTION C - DISCLOSURE, LINE 19: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | PART XI, LINE 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990 PART IX LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990 PART IX LINE 11G |
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| IRS990/SignificantChangeInd | 0 | false |
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| IRS990/TaxablePartyNotificationInd | 0 | false |
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| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 958520 |
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| IRS990/TotalContributionsAmt | 0 | 0 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 188156 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 286854 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 714949 |
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| IRS990/TravelGrp/ProgramServicesAmt | 0 | 18 |
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| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1155 SIXTEENTH ST NW |
| IRS990/USAddress/CityNm | 0 | WASHINGTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | DC |
| IRS990/USAddress/ZIPCd | 0 | 200364892 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | https://www.pacifichem.org |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Dr George Trainor |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $958,520
- Liabilities
- $714,949
- Net assets
- $243,571
- Revenue
- $5,079
- Expenses
- $286,854
- Net income
- -$281,775