Civic Intelligence

Society for Underwater Technology Co Rodolfo Sancio

990 • Fiscal year 2018 • EIN 20-2037714

Jan 01, 2018 to Dec 31, 2018 • Filed on May 29, 2019

10614 Sugar Hill DriveHouston, TX 77042

(713) 995-5156

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

70th percentile

17%

Faster asset growth than 70% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

84th percentile

43%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$139,206

Up $19,987 (+17%) from 2017

Net Assets

Up

$135,958

Up $20,800 (+18%) from 2017

Liabilities

Down

$3,248

Down $813 (-20%) from 2017

Revenue

Up

$143,103

Up $43,094 (+43%) from 2017

Expenses

Down

$122,303

Down $25,663 (-17%) from 2017

Net Income

Up

$20,800

Up $68,757 (+143%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $55,925Liabilities 2010: $0Net Assets 2010: $55,9252010Assets 2011: $53,692Liabilities 2011: $0Net Assets 2011: $53,6922011Assets 2012: $122,307Liabilities 2012: $2,863Net Assets 2012: $119,4442012Assets 2013: $349,192Liabilities 2013: $17,873Net Assets 2013: $331,3192013Assets 2014: $351,163Liabilities 2014: $6,726Net Assets 2014: $344,4372014Assets 2015: $264,154Liabilities 2015: $1,617Net Assets 2015: $262,5372015Assets 2016: $166,822Liabilities 2016: $3,707Net Assets 2016: $163,1152016Assets 2017: $119,219Liabilities 2017: $4,061Net Assets 2017: $115,1582017Assets 2018: $139,206Liabilities 2018: $3,248Net Assets 2018: $135,9582018Assets 2019: $121,289Liabilities 2019: $9,396Net Assets 2019: $111,8932019Assets 2020: $115,608Liabilities 2020: $737Net Assets 2020: $114,8712020Assets 2021: $107,672Liabilities 2021: $1,031Net Assets 2021: $106,6412021Assets 2022: $107,070Liabilities 2022: $5,567Net Assets 2022: $101,5032022Assets 2023: $101,127Liabilities 2023: $1,463Net Assets 2023: $99,6642023Assets 2024: $98,236Liabilities 2024: $1,174Net Assets 2024: $97,0622024Assets 2025: $51,226Liabilities 2025: $1,261Net Assets 2025: $49,9652025

Highlighted filing

2018

Assets$139,206
Liabilities$3,248
Net Assets$135,958

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $316,7142010Expenses 2011: $248,8932011Revenue 2012: $345,941Expenses 2012: $279,892Net Income 2012: $66,0492012Revenue 2013: $476,393Expenses 2013: $264,518Net Income 2013: $211,8752013Revenue 2014: $322,921Expenses 2014: $309,803Net Income 2014: $13,1182014Revenue 2015: $228,465Expenses 2015: $310,365Net Income 2015: -$81,9002015Revenue 2016: $113,969Expenses 2016: $213,391Net Income 2016: -$99,4222016Revenue 2017: $100,009Expenses 2017: $147,966Net Income 2017: -$47,9572017Revenue 2018: $143,103Expenses 2018: $122,303Net Income 2018: $20,8002018Revenue 2019: $114,486Expenses 2019: $138,551Net Income 2019: -$24,0652019Revenue 2020: $116,823Expenses 2020: $113,845Net Income 2020: $2,9782020Revenue 2021: $91,047Expenses 2021: $99,277Net Income 2021: -$8,2302021Revenue 2022: $28,261Expenses 2022: $33,399Net Income 2022: -$5,1382022Revenue 2023: $90,725Expenses 2023: $92,564Net Income 2023: -$1,8392023Revenue 2024: $114,789Expenses 2024: $117,391Net Income 2024: -$2,6022024Revenue 2025: $69,957Expenses 2025: $117,054Net Income 2025: -$47,0972025

Highlighted filing

2018

Revenue$143,103
Expenses$122,303
Net Income$20,800
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 29, 2019
Return Version
2018v3.1
Gross Receipts
$158,651
Mission and Program Overview

Mission

sut is a learned society for individuals and organizations having a common interest in underwater technology, ocean science and offshore engineering.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$115,158$135,958▲ $20,800
Cash and Non-Interest-Bearing Accounts$104,123$124,105▲ $19,982
Savings and Temporary Cash Investments$15,096$15,101▲ $5
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$119,219$139,206▲ $19,987
Other Assets Total-$0-
Liabilities
Other Liabilities$4,061$3,248▼ $813
Total Liabilities$4,061$3,248▼ $813
Net Assets / Fund Balance
Total Net Assets Fund Balance$115,158$135,958▲ $20,800
Total Liabilities and Net Assets / Fund Balance$119,219$139,206▲ $19,987
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christopher CurranChair Emeritus
Zenon Medina-CetinaChairman
Kim FaulkMAL-OSIG Chair
Maria AncherilOps Chair
Aimee ThurlowMAL-GEF Member
Earl DoyleMAL-OSIG Sec
Andrew HaighMAL-School Tour
Colin JohnsonMember at large
John AllenMember at large
Logan BrandtMember at large
Matt KirkMember at large
Jan Van SmirrenSecretary
Roger OsborneSpecial Events
Don SchlaterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,172
Program Service Revenue
$125,099
Investment Income
$5
Other Revenue
$14,827
All Other Contributions
$3,172
Change in Net Assets
$20,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,303
Grants and Similar Amounts Paid$9,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$57,924
Advertising---$16,220
Grants to Domestic Individuals---$9,000
Insurance---$2,895
All Other Expenses---$2,851
Information Technology---$2,051
Fees for Services Accounting---$1,950
Office Expenses---$1,702
Other Expenses---$1,306
Total Functional Expenses$0$0$0$122,303
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$30,375
Fundraising Direct Expenses$15,548
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Skeet shoot$11,689$11,689$363$11,326
GiCom$9,762$9,762$6,158$3,604
Total Events$29,665$29,665$14,983$14,682
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
credit card payable$3,248
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

The organization takes minutes of the actions of the governing bodies on a contemporaneous basis. There are no formal committees so no minutes are taken.

Form 990, Part VI, Line 11B: Form 990 Review Process

The directors are furnishd a copy of the return by email prior to filing the return.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization furnishes documents upon request. It maintains a website that provides contact information.

Filing and Contact Details

Filer

Filer Name
Society for Underwater Technology
EIN
20-2037714
Phone
7139955156
Address
10614 Sugar Hill Drive, Houston, TX 77042

Signing Officer

Name
Don Schlater
Title
Treasurer
Signed
2019-05-29
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Thompson Derrig & Craig PC
Address
1598 Copperfield Pkwy, College Station, TX 77845-4674
Preparer
Jacquelyn Kuciemba CPA
Phone
9792609696
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt01702
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Program Expense
IRS990/OtherExpensesGrp/Desc1dues paid to Int'l
IRS990/OtherExpensesGrp/Desc2charitable contribution
IRS990/OtherExpensesGrp/Desc3planning
IRS990/OtherExpensesGrp/TotalAmt016798
IRS990/OtherExpensesGrp/TotalAmt17306
IRS990/OtherExpensesGrp/TotalAmt22300
IRS990/OtherExpensesGrp/TotalAmt31306
IRS990/OtherLiabilitiesGrp/BOYAmt04061
IRS990/OtherLiabilitiesGrp/EOYAmt03248
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Lunch & learn
IRS990/ProgramServiceRevenueGrp/Desc1Marine Site Character
IRS990/ProgramServiceRevenueGrp/Desc2networking
IRS990/ProgramServiceRevenueGrp/Desc3OSIG 3-day course
IRS990/ProgramServiceRevenueGrp/Desc4SAC income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017424
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110969
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29038
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt312188
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt466969
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017424
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110969
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29038
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt312188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt466969
IRS990/ProgSrvcAccomActy2Grp/Desc0scholarships were issued to nine undergraduate and graduate students to use towards completing their educational program.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09000
IRS990/ProgSrvcAccomActy3Grp/Desc0luncheons are held periodically to allow members and non-members an opportunity to discuss recent developments and listen to selected speakers.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt06653
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt036000
IRS990/PYInvestmentIncomeAmt05
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0111966
IRS990/PYOtherRevenueAmt0-32706
IRS990/PYProgramServiceRevenueAmt0132710
IRS990/PYRevenuesLessExpensesAmt0-47957
IRS990/PYTotalExpensesAmt0147966
IRS990/PYTotalRevenueAmt0100009
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt020800
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0115158
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0135958
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015096
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015101
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0credit card payable
IRS990ScheduleD/TotalLiabilityAmt03248
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt014983
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Skeet shoot
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GiCom
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011689
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09762
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt08214
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt029665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011689
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09762
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt08214
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029665
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014682
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt08462
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt014983
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0363
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06158
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt09000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0cash
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Evaluation of scholarship applications is done by the scholarships committee which is headed by Professor Matt Franchek of the University of Houston, along with Dr. Zenon Medina-Cetina of Texas A&M University. Students must submit proof of enrollment before the funds are sent. The funds can be used for anything related to the student completing his or her educational program.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization takes minutes of the actions of the governing bodies on a contemporaneous basis. There are no formal committees so no minutes are taken.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The directors are furnishd a copy of the return by email prior to filing the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization furnishes documents upon request. It maintains a website that provides contact information.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0119219
IRS990/TotalAssetsEOYAmt0139206
IRS990/TotalAssetsGrp/BOYAmt0119219
IRS990/TotalAssetsGrp/EOYAmt0139206
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03172
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0122303
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04061

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.70$1.17$0.47
2024Detailed filing. Detailed filing data is available for this year.$0.98$0.01$0.97$1.15$1.17$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.01$0.01$1.00$0.91$0.93$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.07$0.06$1.02$0.28$0.33$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.08$0.01$1.07$0.91$0.99$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.16$0.01$1.15$1.17$1.14$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.09$1.12$1.14$1.39$0.24
2018Detailed filing. Detailed filing data is available for this year.$1.39$0.03$1.36$1.43$1.22$0.21
2017Detailed filing. Detailed filing data is available for this year.$1.19$0.04$1.15$1.00$1.48$0.48
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.04$1.63$1.14$2.13$0.99
2015Detailed filing. Detailed filing data is available for this year.$2.64$0.02$2.63$2.28$3.10$0.82
2014Detailed filing. Detailed filing data is available for this year.$3.51$0.07$3.44$3.23$3.10$0.13
2013Detailed filing. Detailed filing data is available for this year.$3.49$0.18$3.31$4.76$2.65$2.12
2012Summary only. Only limited summary data is available for this year.$1.22$0.03$1.19$3.46$2.80$0.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.00$0.54$2.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$3.17