Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
The Sourcing and Procurement Organization Incorporated
990EZ • Fiscal year 2020 • EIN 47-4465682
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.06x
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 20.9% of source-year revenue.
Asset Growth
67th percentile
Faster asset growth than 67% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Balance Sheet
Assets
Up$38,047
Up $6,494 (+21%) from 2019
Net Assets
$35,802
No earlier filing loaded for comparison.
Liabilities
Flat$2,245
Flat from 2019
Revenue And Expenses
Revenue
Up$119,796
Up $26,693 (+29%) from 2019
Expenses
Up$113,302
Up $11,356 (+11%) from 2019
Net Income
Up$6,494
Up $15,337 (+173%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 15, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $119,796
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 | - | $113,302 |
| STUDENT EDUCATIONAL ENRICHMENT OPPORTUNITIES | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| AASHI BHALLA | Director | PT | $25,000 | - | $25,000 |
| TOHFE B BEIDAS | Executive Di | - | $6,500 | - | $6,500 |
| VICTOR B WAYHAN | Executive Di | - | $0 | - | - |
| LEANDRA TAYLOR | 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
- 2021-11-15
Preparer
- Firm
- Benton Duroy & Ivey Pc
- Address
- 14505 TORREY CHASE BLVD STE 200, HOUSTON, TX 77014
- Preparer
- Katherine L Pilat
- Phone
- 2815371000
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office supplies 1,203 meeting expenses 27,437 total 28,640”
Form 990-ez, Part II, Line 26
“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 Appendix144 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.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | VICTOR B WAYHAN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | TOHFE B BEIDAS |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | LEANDRA TAYLOR |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | AASHI BHALLA |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| 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 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 31553 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 38047 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 119786 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6494 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11629 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 31553 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 38047 |
| IRS990EZ/GrossReceiptsAmt | 0 | 119796 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 10 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 29308 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 35802 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 29308 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 35802 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 6500 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 25000 |
| 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 | 28640 |
| 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 | 113302 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 73033 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2245 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2245 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 113302 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 113302 |
| IRS990EZ/TotalRevenueAmt | 0 | 119796 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | BAUERSPO.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 119786 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 93050 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 86927 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 59676 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 359439 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 2365 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 359439 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 119786 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 93050 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 86927 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 59676 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 359439 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 359439 |
| 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 OFFICE SUPPLIES 1,203 MEETING EXPENSES 27,437 TOTAL 28,640 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | VICTOR B WAYHAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8324189600 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-15 |
| 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/PreparerFirmGrp/PreparerFirmEIN | 0 | 742170758 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BENTON DUROY & IVEY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 14505 TORREY CHASE BLVD STE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 77014 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2815371000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KATHERINE L PILAT |
| ReturnHeader/ReturnTs | 0 | 2021-11-15T12:16:28-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | VICTOR |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WAYHAN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $38,047
- Liabilities
- $2,245
- Net assets
- $35,802
- Revenue
- $119,796
- Expenses
- $113,302
- Net income
- $6,494