Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
The Sourcing and Procurement
EIN 47-4465682 • 501(c)3 • Houston, TX
Profile
The sourcing and procurement organization, inc. Is the student organization for supply chain management at the university of houston c.t. Bauer college of business. Since 2008, the organization has been dedicated to producing the most professional and knowledgeable sourcing and procurement students. The sourcing and procurement organization, inc.'s mission is to provide its members with the resources to become professionals at major corporations through career oportunities, business networking, industry knowledge, professional development.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
3.06x
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
33rd percentile
Higher net margin than 33% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Balance Sheet
Assets
Down$1,052
Down $14,200 (-93%) from 2023
Liabilities
Down$3,224
Down $2 (-0.1%) from 2023
Net Assets
Down-$2,172
Down $14,198 (-118%) from 2023
Revenue
Up$183,136
Up $2,902 (+1.6%) from 2023
Expenses
Up$197,334
Up $21,682 (+12%) from 2023
Net Income
Down-$14,198
Down $18,780 (-410%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,052
- Liabilities
- $3,224
- Net assets
- -$2,172
- Revenue
- $183,136
- Expenses
- $197,334
- Net income
- -$14,198
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 17, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $183,136
Mission and Program Overview
Mission
The sourcing and procurement organization, inc. Is the student organization for supply chain management at the university of houston c.t. Bauer college of business. Since 2008, the organization has been dedicated to producing the most professional and knowledgeable sourcing and procurement students. The sourcing and procurement organization, inc.'s mission is to provide its members with the resources to become professionals at major corporations through career oportunities, business networking, industry knowledge, professional development.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| STUDENT EDUCATIONAL ENRICHMENT OPPORTUNITIES | - | $197,334 |
| STUDENT EDUCATIONAL ENRICHMENT OPPORTUNITIES | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| VICTOR B WAYHAN | Executive Di | - | $0 | - | - |
| TOHFE B BEIDAS | Executive Di | - | $0 | - | - |
| LEANDRA TAYLOR | Director | - | $0 | - | - |
| AASHI BHALLA | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Sourcing and Procurement
- EIN
- 47-4465682
- Phone
- 8324189600
- Address
- 4100 UNIVERSITY DRIVE, HOUSTON, TX 77204
Signing Officer
- Name
- Victor B Wayhan
- Title
- Executive Director
- Phone
- 8324189600
- Signed
- 2025-11-17
Preparer
- Firm
- Benton Duroy & Ivey Pc
- Address
- 19350 STATE HIGHWAY 249 STE 610, HOUSTON, TX 77070
- Preparer
- John Kirklin
- Phone
- 2815371000
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising and promotion 1,563 office supplies 6,805 meeting expenses 24,139 total 32,507”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 981 979 mortgage and other notes payable 2,245 2,245”
Form 990-ez, Part III
“The sourcing and procurement organization, inc. Is the student organization for supply chain management at the university of houston c.t. Bauer college of business. Since 2008, the organization has been dedicated to producing the most professional and knowledgeable sourcing and procurement students. The sourcing and procurement organization, inc.'s mission is to provide its members with the resources to become professionals at major corporations through career oportunities, business networking, industry knowledge, professional development.”
Form 990-ez, Part III, Line 31
“Student educational enrichment opportunities”
Raw XML Appendix139 raw XML fields
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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE SOURCING AND PROCUREMENT |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt | 0 | ORGANIZATION INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8324189600 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4100 UNIVERSITY DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HOUSTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77204 |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1052 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 183136 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -14198 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 30630 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 15252 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1052 |
| IRS990EZ/GrossReceiptsAmt | 0 | 183136 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 12026 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -2172 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 12026 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -2172 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | VICTOR B WAYHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TOHFE B BEIDAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LEANDRA TAYLOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | AASHI BHALLA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 32507 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE SOURCING AND PROCUREMENT ORGANIZATION, INC. IS THE STUDENT ORGANIZATION FOR SUPPLY CHAIN MANAGEMENT AT THE UNIVERSITY OF HOUSTON C.T. BAUER COLLEGE OF BUSINESS. SINCE 2008, THE ORGANIZATION HAS BEEN DEDICATED TO PRODUCING THE MOST PROFESSIONAL AND KNOWLEDGEABLE SOURCING AND PROCUREMENT STUDENTS. THE SOURCING AND PROCUREMENT ORGANIZATION, INC.'S MISSION IS TO PROVIDE ITS MEMBERS WITH THE RESOURCES TO BECOME PROFESSIONALS AT MAJOR CORPORATIONS THROUGH CAREER OPORTUNITIES, BUSINESS NETWORKING, INDUSTRY KNOWLEDGE, PROFESSIONAL DEVELOPMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | STUDENT EDUCATIONAL ENRICHMENT OPPORTUNITIES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | STUDENT EDUCATIONAL ENRICHMENT OPPORTUNITIES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 197334 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 134197 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3226 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3224 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 197334 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 197334 |
| IRS990EZ/TotalRevenueAmt | 0 | 183136 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | BAUERSPO.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 184335 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 150234 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 189768 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 177634 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 119786 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 821757 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 11 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 821757 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 184335 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 150234 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 189768 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 177634 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 119786 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 821757 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 821757 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING AND PROMOTION 1,563 OFFICE SUPPLIES 6,805 MEETING EXPENSES 24,139 TOTAL 32,507 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 981 979 MORTGAGE AND OTHER NOTES PAYABLE 2,245 2,245 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE SOURCING AND PROCUREMENT ORGANIZATION, INC. IS THE STUDENT ORGANIZATION FOR SUPPLY CHAIN MANAGEMENT AT THE UNIVERSITY OF HOUSTON C.T. BAUER COLLEGE OF BUSINESS. SINCE 2008, THE ORGANIZATION HAS BEEN DEDICATED TO PRODUCING THE MOST PROFESSIONAL AND KNOWLEDGEABLE SOURCING AND PROCUREMENT STUDENTS. THE SOURCING AND PROCUREMENT ORGANIZATION, INC.'S MISSION IS TO PROVIDE ITS MEMBERS WITH THE RESOURCES TO BECOME PROFESSIONALS AT MAJOR CORPORATIONS THROUGH CAREER OPORTUNITIES, BUSINESS NETWORKING, INDUSTRY KNOWLEDGE, PROFESSIONAL DEVELOPMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | STUDENT EDUCATIONAL ENRICHMENT OPPORTUNITIES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | VICTOR B WAYHAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8324189600 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE SOURCING AND PROCUREMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ORGANIZATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SOUR |
| ReturnHeader/Filer/EIN | 0 | 474465682 |
| ReturnHeader/Filer/PhoneNum | 0 | 8324189600 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4100 UNIVERSITY DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77204 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BENTON DUROY & IVEY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 19350 STATE HIGHWAY 249 STE 610 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 77070 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2815371000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOHN KIRKLIN |
| ReturnHeader/ReturnTs | 0 | 2025-11-17T18:52:11-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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