Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
EIN 20-8685322 • 501(c)6 • Tulsa, OK
Profile
The seam mission is to advance the science and technology of applied geophysics through a cooperative industry effort focused on subsurface model construction and generation of synthetic data sets for geophysical problems of importance to the resource extraction industry. Data sets, after an initial two years of confidentiality, will enter the public domain.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
72nd percentile
Faster asset growth than 72% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Assets
Up$1,186,641
Up $145,674 (+14%) from 2023
Liabilities
Down$733,427
Down $149,501 (-17%) from 2023
Net Assets
Up$453,214
Up $295,175 (+187%) from 2023
Revenue
Up$857,717
Up $383,719 (+81%) from 2023
Expenses
Up$561,269
Up $97,465 (+21%) from 2023
Net Income
Up$296,448
Up $286,254 (+2808%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
ADVANCing THE SCIENCE AND TECHNOLOGY OF APPLIED GEOPHYSICS BY ORGANIZING INDUSTRY RESEARCH CONSORTIA TO DEVELOP "INDUSTRIAL Scale" EARTH MODELS AND DATASETS TO ADDRESS CURRENT HIGH IMPACT GEOPHYSICAL CHALLENGES.
Seg advanced modeling corporation (seam) is a not-for-profit research entity that hosts collaborative projects between sponsoring stakeholders to further geophysical research by industry and academia.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $318,876 | $592,023 | ▲ $273,147 |
| Savings and Temporary Cash Investments | $360,742 | $369,655 | ▲ $8,913 |
| Investments Other Securities | $201,349 | $224,963 | ▲ $23,614 |
| Accounts Receivable | $160,000 | $0 | ▼ $160,000 |
| Total Assets | $1,040,967 | $1,186,641 | ▲ $145,674 |
| Liabilities | |||
| Deferred Revenue | $789,133 | $607,133 | ▼ $182,000 |
| Other Liabilities | $17,012 | $110,044 | ▲ $93,032 |
| Accounts Payable and Accrued Expenses | $76,783 | $16,250 | ▼ $60,533 |
| Total Liabilities | $882,928 | $733,427 | ▼ $149,501 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $158,039 | $453,214 | ▲ $295,175 |
| Total Net Assets Fund Balance | $158,039 | $453,214 | ▲ $295,175 |
| Total Liabilities and Net Assets / Fund Balance | $1,040,967 | $1,186,641 | ▲ $145,674 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Securities | $224,963 | - | - |
| Name | Title |
|---|---|
| Aria Abubakar | Chair |
| Jim Hollis | Vice Chair |
| Chengbo Li | Director |
| Matthias Imhof | Director |
| Mehmet Tanis | Director |
| Nicolae Moldoveanu | Director |
| Werner Heigl | Director |
| Carlos De La Garza | CFO |
| James White | Secretary |
| Rich Cieslewicz | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Advanced Geophysical Technology | Data Production | 14100 SW FREEWAY SUITE 110, Sugar Land, TX 77478 | $175,846 |
| Line Item | Amount |
|---|---|
| Other Expenses | $561,269 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | - | - | - | $295,545 |
| Fees for Services Other | - | - | - | $209,010 |
| Fees for Services Management | - | - | - | $54,000 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $1,916 |
| Travel | - | - | - | $798 |
| Total Functional Expenses | $0 | $0 | $0 | $561,269 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Related Parties | $110,044 |
“Seg is the sole controlling member of seam with the ability to appoint the board.”
“The president of the sole controlling member of the corporation, with approval of the board of the sole member, appoints the governing board of directors.”
“The sole controlling member's accounting staff works with the auditor/tax preparer to provide form 990 data and information. The form 990 is reviewed by the controller and cfo and the board of seam is provided a copy of the draft prior to filing.”
“As sole controlling member, seg maintains a conflict of interest policy within its policies and procedures manual, which applies to the seam board. Employees of the sole controlling member review the conflict of interest policy upon hire and must sign a similar statement at that time. Employees of the sole controlling member and seam board members must immediately disclose actual or potential conflicts of interest as they arise in accordance with policy.”
“The organization's consolidated audited financial statements are available on seg's website as a part of the annual report. The organization's irs form 990, conflict of interest policy, and certain governing documents are available to the public upon request.”
“Contractual services 208,867. Bank processing fees 143.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | SEG ADVANCED MODELING CORPORATION (SEAM) IS A NOT-FOR-PROFIT RESEARCH ENTITY THAT HOSTS COLLABORATIVE PROJECTS BETWEEN SPONSORING STAKEHOLDERS TO FURTHER GEOPHYSICAL RESEARCH BY INDUSTRY AND ACADEMIA. |
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| IRS990/Desc | 0 | SEAM COMPLETED ACTIVITIES RELATED TO THE DEVELOPMENT OF EARTH MODELS AND DATASETS TO ADDRESS HIGH IMPACT GEOPHYSICAL CHALLENGES. |
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| IRS990/MissionDesc | 0 | THE SEAM MISSION IS TO ADVANCE THE SCIENCE AND TECHNOLOGY OF APPLIED GEOPHYSICS THROUGH A COOPERATIVE INDUSTRY EFFORT FOCUSED ON SUBSURFACE MODEL CONSTRUCTION AND GENERATION OF SYNTHETIC DATA SETS FOR GEOPHYSICAL PROBLEMS OF IMPORTANCE TO THE RESOURCE EXTRACTION INDUSTRY. DATA SETS, AFTER AN INITIAL TWO YEARS OF CONFIDENTIALITY, WILL ENTER THE PUBLIC DOMAIN. |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 23413 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 276500 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 230323 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 17172 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 14296 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 6055 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 1796 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 3150 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 1294 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | JAMES WHITE |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | CARLOS DE LA GARZA |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | SECRETARY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | CFO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 350527 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 271122 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | SEG IS THE SOLE CONTROLLING MEMBER OF SEAM WITH THE ABILITY TO APPOINT THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE PRESIDENT OF THE SOLE CONTROLLING MEMBER OF THE CORPORATION, WITH APPROVAL OF THE BOARD OF THE SOLE MEMBER, APPOINTS THE GOVERNING BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE SOLE CONTROLLING MEMBER'S ACCOUNTING STAFF WORKS WITH THE AUDITOR/TAX PREPARER TO PROVIDE FORM 990 DATA AND INFORMATION. THE FORM 990 IS REVIEWED BY THE CONTROLLER AND CFO AND THE BOARD OF SEAM IS PROVIDED A COPY OF THE DRAFT PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AS SOLE CONTROLLING MEMBER, SEG MAINTAINS A CONFLICT OF INTEREST POLICY WITHIN ITS POLICIES AND PROCEDURES MANUAL, WHICH APPLIES TO THE SEAM BOARD. EMPLOYEES OF THE SOLE CONTROLLING MEMBER REVIEW THE CONFLICT OF INTEREST POLICY UPON HIRE AND MUST SIGN A SIMILAR STATEMENT AT THAT TIME. EMPLOYEES OF THE SOLE CONTROLLING MEMBER AND SEAM BOARD MEMBERS MUST IMMEDIATELY DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE IN ACCORDANCE WITH POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION'S CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON SEG'S WEBSITE AS A PART OF THE ANNUAL REPORT. THE ORGANIZATION'S IRS FORM 990, CONFLICT OF INTEREST POLICY, AND CERTAIN GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | CONTRACTUAL SERVICES 208,867. BANK PROCESSING FEES 143. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | SEG |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 0 | 261201559 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | C |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | OK |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | WORLDWIDE SEG |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | SEG GLOBAL INC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 0 | 125 W 15TH STREET SUITE 100 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 0 | TULSA |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 0 | OK |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 0 | 741193801 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | SOCIETY OF EXPLORATION GEOPHYSICISTS |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | SOCIETY OF EXPLORATION GEOPHYSICISTS |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | SEG FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 730555125 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 731329755 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(6) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 1 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | OK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 1 | OK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | MEMBERSHIP |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | FOUNDATION |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 11 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 125 W 15TH STREET SUITE 100 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 1 | 125 W 15TH STREET SUITE 100 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | TULSA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 1 | TULSA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | OK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 1 | OK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 741193801 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 1 | 741193801 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | OK |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1040967 |
| IRS990/TotalAssetsEOYAmt | 0 | 1186641 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1040967 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1186641 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 561269 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 882928 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 733427 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 882928 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 733427 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 158039 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 453214 |
| IRS990/TotalOtherCompensationAmt | 0 | 37798 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 822000 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 18486 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 839231 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 857717 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 8 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1040967 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1186641 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 582330 |
| IRS990/TravelGrp/TotalAmt | 0 | 798 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
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