The Society For The Advancement Of Socio-Economics
- Assets
- $230.7k
- Revenue
- $394.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Timonium, MD
- Founding
- 08/1991
- Data as of
- 12/2021
- EIN
- 52-1685246
Organization Overview
The Society For The Advancement Of Socio-Economics is located in Timonium, MD. The organization was established in 1991. According to its NTEE Classification (V03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For The Advancement Of Socio-Economics 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 12/2021, Society For The Advancement Of Socio-Economics generated $394.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $304.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE EDUCATION AND RESEARCH IN THE FIELD OF SOCIO-ECONOMICS
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL CONFERENCE ON SOCIO-ECONOMICS DURING WHICH MEMBERS PRESENT, COMPARE AND DISCUSS RESEARCH AND FINDINGS IN THE FIELD.
SOCIO-ECONOMIC REVIEW - A PUBLICATION DEVOTED TO THE ADVANCEMENT OF SOCIO-ECONOMICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nina Bandelj Treasurer | OfficerTrustee | 1 | $0 |
Annelies Fryberger Executive Director | OfficerTrustee | 19.5 | $0 |
Jacqueline O'reilly President | OfficerTrustee | 1 | $0 |
Santos Ruega President-Elect | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $93,605 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,406 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,011 |
| Total Program Service Revenue | $244,879 |
| Investment income | $620 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $44,663 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,931 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $394,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $26,223 |
| Compensation of current officers, directors, key employees. | $3,933 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,935 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $797 |
| Fees for services: Accounting | $3,464 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $368 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,719 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,632 |
| Insurance | $814 |
| All other expenses | $0 |
| Total functional expenses | $304,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,438 |
| Savings and temporary cash investments | $88,895 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $14,329 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $230,662 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $230,662 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $230,662 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peter G Peterson Institute For International Economics Washington, DC | $95,222,142 | $11,048,331 |
Usaging Washington, DC | $7,198,554 | $9,442,731 |
American Psychological Foundation Inc Washington, DC | $25,860,627 | $7,353,491 |
Population Association Of America Inc Alexandria, VA | $3,645,715 | $2,473,272 |
Society For The Psychological Study Of Social Issues Washington, DC | $6,825,918 | $924,358 |
National Postdoctoral Assoication Rockville, MD | $816,307 | $668,753 |
Society For Prevention Research Incorporated Fairfax, VA | $1,265,673 | $447,371 |
The Society For The Advancement Of Socio-Economics Timonium, MD | $230,662 | $394,104 |
National Council For Geocosmic Research Inc Washington, DC | $197,874 | $0 |
The National Economists Club Washington, DC | $442,664 | $0 |
Association Of Black Researchers Inc Glen Burnie, MD | $5,987 | $0 |