Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
The Sourcing and Procurement Organization Incorporated
990EZ • Fiscal year 2021 • EIN 47-4465682
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.11x
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
75th percentile
Faster revenue growth than 75% of similar nonprofits.
Balance Sheet
Assets
Down$28,383
Down $9,664 (-25%) from 2020
Net Assets
Down$25,155
Down $10,647 (-30%) from 2020
Liabilities
Up$3,228
Up $983 (+44%) from 2020
Revenue And Expenses
Revenue
Up$177,635
Up $57,839 (+48%) from 2020
Expenses
Up$188,283
Up $74,981 (+66%) from 2020
Net Income
Down-$10,648
Down $17,142 (-264%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 15, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $177,635
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 | - | $188,283 |
| 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
- 2022-11-15
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 3,851 meeting expenses 71,369 total 75,220”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 983 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 Appendix142 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 |
|---|---|---|
| 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 | 38048 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 28383 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 177634 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -10648 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 28077 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 38048 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 28383 |
| IRS990EZ/GrossReceiptsAmt | 0 | 177635 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 35803 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 25155 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 35803 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 25155 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| 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 | 75220 |
| 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 | 188283 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 84986 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2245 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3228 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 188283 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 188283 |
| IRS990EZ/TotalRevenueAmt | 0 | 177635 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | BAUERSPO.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 177634 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 119786 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 93050 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 86927 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 59676 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 537073 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 2366 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 537073 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 177634 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 119786 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 93050 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 86927 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 59676 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 537073 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 537073 |
| 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 3,851 MEETING EXPENSES 71,369 TOTAL 75,220 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 983 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 | 2022-11-15 |
| 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 | 2022-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KATHERINE L PILAT |
| ReturnHeader/ReturnTs | 0 | 2022-11-15T18:49:07-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | VICTOR |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WAYHAN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $28,383
- Liabilities
- $3,228
- Net assets
- $25,155
- Revenue
- $177,635
- Expenses
- $188,283
- Net income
- -$10,648