Civic Intelligence

Society for Underwater Technology Co Rodolfo Sancio

990 • Fiscal year 2019 • EIN 20-2037714

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 13, 2020

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

77th percentile

0.08x

Higher debt load relative to assets than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

16th percentile

-21%

Higher net margin than 16% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

26th percentile

-13%

Faster asset growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

24th percentile

-20%

Faster revenue growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$121,289

Down $17,917 (-13%) from 2018

Net Assets

Down

$111,893

Down $24,065 (-18%) from 2018

Liabilities

Up

$9,396

Up $6,148 (+189%) from 2018

Revenue

Down

$114,486

Down $28,617 (-20%) from 2018

Expenses

Up

$138,551

Up $16,248 (+13%) from 2018

Net Income

Down

-$24,065

Down $44,865 (-216%) from 2018

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

2019

Assets$121,289
Liabilities$9,396
Net Assets$111,893

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

2019

Revenue$114,486
Expenses$138,551
Net Income-$24,065
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 13, 2020
Return Version
2019v5.0
Gross Receipts
$119,261
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$135,958$111,893▼ $24,065
Cash and Non-Interest-Bearing Accounts$124,105$106,184▼ $17,921
Savings and Temporary Cash Investments$15,101$15,105▲ $4
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$139,206$121,289▼ $17,917
Other Assets Total-$0-
Liabilities
Other Liabilities$3,248$9,396▲ $6,148
Total Liabilities$3,248$9,396▲ $6,148
Net Assets / Fund Balance
Total Net Assets Fund Balance$135,958$111,893▼ $24,065
Total Liabilities and Net Assets / Fund Balance$139,206$121,289▼ $17,917
Compensation and Service Providers

Board Members and Trustees

NameTitle
Zenon Medina-CetinaChairman
Maria AncherilOps Chair
John AllenMAL - Ed Comm
Fathi GhorbelMAL - Robotics
Earl DoyleMAL-OSIG Sec
Andrew HaighMAL-School Tour
Aimee ThurlowMember at large
Christopher CurranMember at Large
Colin JohnsonMember at large
Kim FaulkMember at large
Logan BrandtMember at large
Mark SiegmundMember at Large
Matt KirkMember at large
Jan Van SmirrenSecretary
Roger OsborneSpecial Events
Don SchlaterTreasurer
Patricia VarelaYoung Prof CHR
Revenue and Support

Revenue Composition

Contributions and Grants
$3,073
Program Service Revenue
$105,918
Investment Income
$5
Other Revenue
$5,490
All Other Contributions
$3,073
Change in Net Assets
$-24,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$118,701
Grants and Similar Amounts Paid$19,850
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$68,945
Grants to Domestic Individuals---$19,850
Advertising---$13,018
Fees for Services Accounting---$3,146
Office Expenses---$1,949
Insurance---$1,687
Other Expenses---$793
Total Functional Expenses$0$0$0$138,551
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,265
Fundraising Direct Expenses$4,775
Professional Fundraising Fees$0
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$9,396
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
2020-02-13
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
TX
Voting Board Members
17
Independent Board Members
17
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/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0sut is a learned society for individuals and organizations having a common interest in underwater technology, ocean science and offshore engineering.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0135958
IRS990/NetAssetsOrFundBalancesEOYAmt0111893
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05490
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt01949
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Program Expense
IRS990/OtherExpensesGrp/Desc1Bank Charges
IRS990/OtherExpensesGrp/TotalAmt029163
IRS990/OtherExpensesGrp/TotalAmt1793
IRS990/OtherLiabilitiesGrp/BOYAmt03248
IRS990/OtherLiabilitiesGrp/EOYAmt09396
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/Desc0Drilling 101
IRS990/ProgramServiceRevenueGrp/Desc1Lunch & learn
IRS990/ProgramServiceRevenueGrp/Desc2Marine Site Character
IRS990/ProgramServiceRevenueGrp/Desc3Oceanology Int'l
IRS990/ProgramServiceRevenueGrp/Desc4SAC income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09917
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19230
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt223147
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt39975
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt438935
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09917
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt223147
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt39975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt438935
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS WERE ISSUED TO NINE UNDERGRADUATE AND GRADUATE STUDENTS TO USE TOWARDSCOMPLETING THEIR EDUCATIONAL PROGRAM.
IRS990/ProgSrvcAccomActy3Grp/Desc0LUNCHEONS ARE HELD PERIODICALLY TO ALLOW MEMBERS AND NON-MEMBERS AN OPPORTUNITY TODISCUSS RECENT DEVELOPMENTS AND LISTEN TO SELECTED SPEAKERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03172
IRS990/PYGrantsAndSimilarPaidAmt09000
IRS990/PYInvestmentIncomeAmt05
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0113303
IRS990/PYOtherRevenueAmt014827
IRS990/PYProgramServiceRevenueAmt0125099
IRS990/PYRevenuesLessExpensesAmt020800
IRS990/PYTotalExpensesAmt0122303
IRS990/PYTotalRevenueAmt0143103
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-24065
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0135958
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0111893
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015101
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015105
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09396
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0credit card payable
IRS990ScheduleD/TotalLiabilityAmt09396
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt019850
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/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0139206
IRS990/TotalAssetsEOYAmt0121289
IRS990/TotalAssetsGrp/BOYAmt0139206
IRS990/TotalAssetsGrp/EOYAmt0121289
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03073
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0138551
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03248
IRS990/TotalLiabilitiesEOYAmt09396
IRS990/TotalLiabilitiesGrp/BOYAmt03248
IRS990/TotalLiabilitiesGrp/EOYAmt09396
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0135958
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0111893
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt014714
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt014714
IRS990/TotalProgramServiceRevenueAmt0105918
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0105923
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0114486
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0139206
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0121289
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationAssocInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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