Civic Intelligence

Secme Inc

990 • Fiscal year 2020 • EIN 58-1375512

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

1630 Metropolitan Pkwy SW Bldg 90Atlanta, GA 30310

(404) 894-3314

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.20x

Higher debt load relative to assets than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.10x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

26th percentile

-13%

Higher net margin than 26% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

98th percentile

$119,813

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 47.1% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

13th percentile

-32%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

98%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$128,152

Down $60,207 (-32%) from 2019

Net Assets

Down

$102,756

Down $32,953 (-24%) from 2019

Liabilities

Down

$25,396

Down $27,254 (-52%) from 2019

Revenue

Up

$254,532

Up $126,129 (+98%) from 2019

Expenses

Down

$287,485

Down $161,318 (-36%) from 2019

Net Income

Up

-$32,953

Up $287,447 (+90%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $317,760Liabilities 2011: $128,413Net Assets 2011: $189,3472011Assets 2012: $309,671Liabilities 2012: $147,492Net Assets 2012: $162,1792012Assets 2013: $249,298Liabilities 2013: $153,001Net Assets 2013: $96,2972013Assets 2014: $352,476Liabilities 2014: $194,498Net Assets 2014: $157,9782014Assets 2015: $1,374,760Liabilities 2015: $187,752Net Assets 2015: $1,187,0082015Assets 2016: $874,016Liabilities 2016: $12,310Net Assets 2016: $861,7062016Assets 2017: $768,454Liabilities 2017: $89,056Net Assets 2017: $679,3982017Assets 2018: $493,645Liabilities 2018: $37,536Net Assets 2018: $456,1092018Assets 2019: $188,359Liabilities 2019: $52,650Net Assets 2019: $135,7092019Assets 2020: $128,152Liabilities 2020: $25,396Net Assets 2020: $102,7562020

Highlighted filing

2020

Assets$128,152
Liabilities$25,396
Net Assets$102,756

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $570,350Expenses 2011: $644,834Net Income 2011: -$74,4842011Expenses 2012: $682,3512012Expenses 2013: $756,1522013Revenue 2014: $720,851Expenses 2014: $659,170Net Income 2014: $61,6812014Revenue 2015: $1,617,511Expenses 2015: $588,481Net Income 2015: $1,029,0302015Revenue 2016: $336,416Expenses 2016: $661,718Net Income 2016: -$325,3022016Revenue 2017: $315,457Expenses 2017: $497,765Net Income 2017: -$182,3082017Revenue 2018: $218,904Expenses 2018: $442,193Net Income 2018: -$223,2892018Revenue 2019: $128,403Expenses 2019: $448,803Net Income 2019: -$320,4002019Revenue 2020: $254,532Expenses 2020: $287,485Net Income 2020: -$32,9532020

Highlighted filing

2020

Revenue$254,532
Expenses$287,485
Net Income-$32,953
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$254,532
Mission and Program Overview

Mission

To increase the pool of historically underrepresented and under-served students who will be prepared to enter and complete post-secondary studies in science, technology, engineering and mathematics (STEM); thus creating a diverse and globally competitive workforce.

SECME's goal is to overcome the barriers which inhibit minorities and (Continued on Schedule O) girls' pursuit of college and careers in STEM.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$79,620$98,176▲ $18,556
Pledges and Grants Receivable$108,739$29,976▼ $78,763
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$188,359$128,152▼ $60,207
Liabilities
Accounts Payable and Accrued Expenses$52,650$25,396▼ $27,254
Total Liabilities$52,650$25,396▼ $27,254
Net Assets / Fund Balance
Net Assets With Donor Restrictions$255,536$255,536→ $0
Net Assets Without Donor Restrictions$-119,827$-152,780▼ $32,953
Total Net Assets Fund Balance$135,709$102,756▼ $32,953
Total Liabilities and Net Assets / Fund Balance$188,359$128,152▼ $60,207

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$10,095$10,095
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michele L WilliamsExecutive DirectorFT$90,836$28,977$119,813

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$254,292
Program Service Revenue
$0
Investment Income
$240
Other Revenue
$0
All Other Contributions
$205,192
Change in Net Assets
$-32,953
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$235,012
Other Expenses$36,473
Total Fundraising Expense$33,047
Grants and Similar Amounts Paid$16,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$77,879$17,972$23,963$119,814
Other Salaries and Wages$59,509$21,464$6,879$87,852
Other Employee Benefits$18,441$6,711$2,194$27,346
Fees for Services Other$10,218--$10,218
Grants to Domestic Orgs$10,000--$10,000
Office Expenses$1,193$8,680$11$9,884
Occupancy-$9,016-$9,016
Grants to Domestic Individuals$6,000--$6,000
Advertising$3,072$204-$3,276
Insurance-$2,250-$2,250
Travel$858--$858
Other Expenses$188$740-$188
Fees for Services Accounting-$43-$43
Total Functional Expenses$187,358$67,080$33,047$287,485
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Spring Independent School DistrictHouston, TX-Educational - Funding for spring ISD SECME program implementation$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

Organization's process to review Form 990 - The President of the Organization has provided the Form 990 to all Board members and all Board members have reviewed and approved the Form 990 prior to submitting the form to the IRS.

Form 990, Part VI, Section B, line 12C

Enforcement of Conflicts Policy: Officers, Directors, and employees are required annually to disclose interests that could give rise to conflicts.

Form 990, Part VI, Section B, line 15

Compensation Process for Top Officials: The employees of SECME, Inc. are paid through Georgia Institute of Technology. The process of review and approval is subject to the regulations adhered to by the University. Compensation Process for Officers: The employees of SECME, Inc. are paid through Georgia Institute of Technology. The process of review and approval is subject to the regulations adhered to by the University.

Form 990, Part VI, Section C, line 19

Governing Documents Disclosure Explanation - Governing documents, policies and audited financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
SECME Inc
EIN
58-1375512
Phone
4048943314
Address
1630 Metropolitan Pkwy SW Bldg 90, Atlanta, GA 30310

Signing Officer

Name
Michele Williams
Title
Executive Director
Phone
4048943314
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michele Williams
Formed
1975
Legal Domicile
Ga
Voting Board Members
3
Independent Board Members
3
Employees
5
Volunteers
25

Preparer

Firm
Jones and Kolb
Address
3475 PIEDMONT ROAD NE SUITE 1500, ATLANTA, GA 30305
Preparer
Ann M Thompson
Phone
4042627920
Supplemental Narrative

Additional Explanations

Form 990 page 10, part IX

A Note Regarding the Statement of Functional Expenses: SECME was able to continue to provide virtual program support and technical assistance to students and teachers during the pandemic. However, SECME's hands-on STEM student programs, competitions and professional development were canceled, which severely impacted both revenue and program expenses, which affected the functional expenses ratio.

Form 990, Page 1, Line 5:

The Organization's employees are paid through Georgia Institute of Technology. The Organization had 5 employees during FYE 6/30/2020, all of which were reported on Georgia Tech's W-3 for calendar year 2019.

Form 990, Page 1, Line 6:

The number of volunteers is the number of individuals that provided support services for the Organization's regional event and implementation guide.

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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/Desc0Expend funds for the increased achievement and interest in STEM majors and careers among minorities and girls in grades K-12. Train teachers in under-served communities to integrate engaging STEM content and competitions into classroom learning. Run a national robotics and engineering design competition free to participating students at a partner university campus. And link local schools with university partners to improve college access. SECME serves more than 6,000 students each year (grade K-12) in 10 states, the District of Columbia, and the Bahamas. Our student survey showed our population to be 74% minority, 47% female, and 88% free and reduced lunch eligible. Among participating high school juniors and seniors surveyed, 82% intended to pursue a STEM major, with 55% planning to major in an engineering discipline.
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0254292
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0125049
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0215558
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0312554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0331586
IRS990ScheduleA/Total509Grp/TotalAmt01239039
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0254532
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0128403
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0218904
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0315457
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0336416
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01253712
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010095
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010095
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Educational - Funding for spring ISD SECME program implementation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Spring Independent School District
IRS990ScheduleI/RecipientTable/RecipientEIN0746002339
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt016717 Ella Blvd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Houston
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd077090
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The grant money distributed during the fiscal year was free of restrictions and did not require formal monitoring.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Organization's process to review Form 990 - The President of the Organization has provided the Form 990 to all Board members and all Board members have reviewed and approved the Form 990 prior to submitting the form to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Enforcement of Conflicts Policy: Officers, Directors, and employees are required annually to disclose interests that could give rise to conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation Process for Top Officials: The employees of SECME, Inc. are paid through Georgia Institute of Technology. The process of review and approval is subject to the regulations adhered to by the University. Compensation Process for Officers: The employees of SECME, Inc. are paid through Georgia Institute of Technology. The process of review and approval is subject to the regulations adhered to by the University.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing Documents Disclosure Explanation - Governing documents, policies and audited financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A Note Regarding the Statement of Functional Expenses: SECME was able to continue to provide virtual program support and technical assistance to students and teachers during the pandemic. However, SECME's hands-on STEM student programs, competitions and professional development were canceled, which severely impacted both revenue and program expenses, which affected the functional expenses ratio.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organization's employees are paid through Georgia Institute of Technology. The Organization had 5 employees during FYE 6/30/2020, all of which were reported on Georgia Tech's W-3 for calendar year 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The number of volunteers is the number of individuals that provided support services for the Organization's regional event and implementation guide.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 page 10, part IX
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Page 1, Line 5:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Page 1, Line 6:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0188359
IRS990/TotalAssetsEOYAmt0128152
IRS990/TotalAssetsGrp/BOYAmt0188359
IRS990/TotalAssetsGrp/EOYAmt0128152
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0254292
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt033047
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt067080
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0187358
IRS990/TotalFunctionalExpensesGrp/TotalAmt0287485
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt052650
IRS990/TotalLiabilitiesEOYAmt025396
IRS990/TotalLiabilitiesGrp/BOYAmt052650
IRS990/TotalLiabilitiesGrp/EOYAmt025396
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0135709
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0102756
IRS990/TotalOtherCompensationAmt028977
IRS990/TotalProgramServiceExpensesAmt0187358
IRS990/TotalReportableCompFromOrgAmt090836
IRS990/TotalRevenueGrp/ExclusionAmt0240
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0254532
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0188359
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0128152
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0858
IRS990/TravelGrp/TotalAmt0858
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01630 Metropolitan Pkwy SW Bldg 900
IRS990/USAddress/CityNm0Atlanta
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030310
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.secme.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Michele Williams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04048943314
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SECME Inc
ReturnHeader/Filer/BusinessNameControlTxt0SECM
ReturnHeader/Filer/EIN0581375512
ReturnHeader/Filer/PhoneNum04048943314
ReturnHeader/Filer/USAddress/AddressLine1Txt01630 Metropolitan Pkwy SW Bldg 90
ReturnHeader/Filer/USAddress/CityNm0Atlanta
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030310
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581763570
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JONES AND KOLB
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03475 PIEDMONT ROAD NE SUITE 1500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030305
ReturnHeader/PreparerPersonGrp/PhoneNum04042627920
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANN M THOMPSON
ReturnHeader/ReturnTs02021-05-17T16:20:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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