Society for Scholarly Publishing

“A professional management company provides all management services.”

“The organization had approximately 600 members during 2017.”

“The governing body is the board of directors whose members are elected by the members.”

“The executive director, management company and certain board members review and approve the form 990 tax return prior to filing with the irs.”

“The organization's board of directors approves the executive director's compensation and the management company's management fees. Also, the program director's compensation is approved by the board.”

“The organization makes it's governing documents, conflict of interest policy and financial statements available upon request.”

“PROGRAM DIRECTOR COMPENSATION: Program service expenses 45000. Management and general expenses 0. Fundraising expenses 0. Total expenses 45000. SALES COMMISSION FEES: Program service expenses 19151. Management and general expenses 10482. Fundraising expenses 0. Total expenses 29633. LIVE STREAMING: Program service expenses 27529. Management and general expenses 0. Fundraising expenses 0. Total expenses 27529.”

“PRINTING AND MAILING: Program service expenses 12324. Management and general expenses 5647. Fundraising expenses 0. Total expenses 17971. FELLOWSHIP PROGRAM: Program service expenses 0. Management and general expenses 17843. Fundraising expenses 0. Total expenses 17843. BAD DEBT EXPENSE: Program service expenses 0. Management and general expenses 4500. Fundraising expenses 0. Total expenses 4500. GIFTS/AWARDS: Program service expenses 0. Management and general expenses 2000. Fundraising expenses 0. Total expenses 2000. MISCELLANEOUS: Program service expenses 0. Management and general expenses 1189. Fundraising expenses 0. Total expenses 1189. DUES: Program service expenses 0. Management and general expenses 800. Fundraising expenses 0. Total expenses 800. TAXES AND LICENSES: Program service expenses 0. Management and general expenses 90. Fundraising expenses 0. Total expenses 90.”

“No changes have been made to the board's review/oversight procedures of the audited financial statements that were in place in the previous year.”

“The 2017 form 990 tax return is being amended to report a $4,500 accounts receivable bad debt write off that was not reported on the originally filed tax return. This difference decreases accounts receivable and assets and increases expenses and the overall decrease in net assets. In addition, the organization's address has changed since the original filing and this return reflects the address change. The following forms and schedules are affected by this change: page 1 -- the changes in the assets, expenditures, and the net assets page 10 -- added the bad debt expense of $4,500 to the management and general expenses page 11 -- total assets changed by $4,500 and unrestricted net assets decreased by $4,500 page 12 -- net assets reconciliation changed schedule o -- bad debt expense being reported and the description/explanation of the amended return was added”