Scug
- Assets
- $6.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 47-2756322
Organization Overview
Scug is located in Irvine, CA. The organization was established in 2018. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scug is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Scug generated $15.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $23.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO OFFER AN EDUCATIONAL NETWORKING FORUM TO FELLOW CUSTOMERS WITH SIMILAR EXPERIENCES AND CHALLENGES RELATED TO THEIR ORACLE JD EDWARDS SOFTWARE PRODUCT LINES IN THE SOUTHERN CALIFORNIA REGIONAL AREA. MEETINGS ARE HELD REGULARLY TO SHARE EXPERIENCES, BEST PRACTICES, PROVIDE EDUCATION AND UPDATES RELATING TO THE USE OF THE SOFTWARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Cochran CFO | 5 | $0 | |
Lakshmi Tummala President & CEO | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,075 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,075 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $807 |
| Occupancy, rent, utilities, and maintenance | $15,638 |
| Printing, publications, postage, and shipping | $192 |
| Other expenses | $6,800 |
| Total expenses | $23,437 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,719 |
| Other assets | $0 |
| Total assets | $6,719 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,719 |