Source Evaluation Society
- Assets
- $444.9k
- Revenue
- $110.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Research Triangle Park, NC
- Founding
- 06/1995
- Data as of
- 03/2022
- EIN
- 56-1874630
Organization Overview
Source Evaluation Society is located in Research Triangle Park, NC. The organization was established in 1995. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Source Evaluation Society is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 03/2022, Source Evaluation Society generated $110.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $79.9k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (24.5%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SOCIETY IS TO ASSIST IN THE EDUCATION, KNOWLEDGE GROWTH AND PROFESSIONAL DEVELOPMENT OF ITS MEMBERS AND OTHERS RELATED TO AIR POLLUTION MEASUREMENTS INCLUDING SOURCE EMISSIONS EVALUATION, MEASUREMENTS, ANALYSIS, CHARACTERIZATION, MONITORING AND CONTROL, FOR THE BENEFIT OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED QUALIFIED SOURCE TEST INDIVIDUAL (QSTI) EXAMINATION PROGRAM FOR OVER 780 INDIVIDUALS.
ANNUAL CONFERENCE WAS SCHEDULED BUT CANCELLED DUE TO COVID
SPONSORED THE GEORGE W. WALSH SCHOLARSHIP TO MANHATTAN UNIVERSITY AND THE MATT DEVITO SCHOLARSHIP TO FAIRMONT STATE UNIVERSITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheri Heldstab Editor | OfficerTrustee | 3 | $1,000 |
Glenn England Past President | OfficerTrustee | 3 | $0 |
Sean Warden President | OfficerTrustee | 3 | $0 |
Jason Bouwman Secretary | OfficerTrustee | 3 | $0 |
Robin Segall Treasurer | OfficerTrustee | 3 | $0 |
Roy Owens Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,810 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,810 |
| Total Program Service Revenue | $105,333 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $110,183 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,125 |
| Advertising and promotion | $0 |
| Office expenses | $3,629 |
| Information technology | $4,169 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,549 |
| All other expenses | $53,858 |
| Total functional expenses | $79,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,902 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $444,902 |
| 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 | $444,902 |
| 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 | $444,902 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yaplus Arlington, VA | $14,080,198 | $11,268,285 |
Virginia Utility Protection Service Inc Roanoke, VA | $16,444,690 | $8,907,059 |
Virginia Community Capital Inc Christiansburg, VA | $56,421,694 | $9,502,783 |
Southeast Coastal Ocean Observing Regional Association Charleston, SC | $1,939,455 | $5,560,971 |
Goodie Nation Inc Atlanta, GA | $6,929,090 | $12,181,074 |
Better Business Bureau Of Metropoliton Atlanta Inc Atlanta, GA | $4,995,221 | $6,438,546 |
Business Finance Group Inc Fairfax, VA | $8,925,508 | $4,589,110 |
Better Business Bureau Of Nashville Middle Tennessee Inc Nashville, TN | $1,542,443 | $3,414,512 |
Herman J Russell Center For Innovation And Entrepreneurship In Atlanta, GA | $21,225,162 | $9,072,660 |
Better Business Bureau Of Southern Piedmont Inc Matthews, NC | $2,483,072 | $3,109,120 |
Center For Nonprofit Management Inc Nashville, TN | $2,067,333 | $2,514,298 |
National Wireless Safety Alliance Fairfax, VA | $1,145,428 | $2,677,518 |