Civic Intelligence

Southeastern Vending Association

990 • Fiscal year 2022 • EIN 58-1940099

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

815 Mcneil AveMobile, AL 36609

(678) 772-7289

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

59th percentile

7.0%

Higher net margin than 59% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

82nd percentile

25%

Faster asset growth than 82% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

5.5%

Faster revenue growth than 44% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$72,076

Up $14,467 (+25%) from 2021

Net Assets

Up

$72,076

Up $14,467 (+25%) from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$207,760

Up $10,785 (+5.5%) from 2021

Expenses

Down

$193,292

Down $1,550 (-0.8%) from 2021

Net Income

Up

$14,468

Up $12,335 (+578%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $112,218Liabilities 2011: $02011Assets 2012: $126,256Liabilities 2012: $02012Assets 2014: $101,656Liabilities 2014: $02014Assets 2015: $83,185Liabilities 2015: $02015Assets 2016: $79,164Liabilities 2016: $02016Assets 2017: $70,964Liabilities 2017: $02017Assets 2018: $50,514Liabilities 2018: $02018Assets 2020: $55,476Liabilities 2020: $02020Assets 2021: $57,609Net Assets 2021: $57,6092021Assets 2022: $72,076Liabilities 2022: $0Net Assets 2022: $72,0762022Assets 2023: $72,376Liabilities 2023: $0Net Assets 2023: $72,3762023Assets 2024: $67,208Liabilities 2024: $0Net Assets 2024: $67,2082024

Highlighted filing

2022

Assets$72,076
Liabilities$0
Net Assets$72,076

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $176,060Expenses 2011: $171,702Net Income 2011: $4,3582011Revenue 2012: $153,605Expenses 2012: $139,566Net Income 2012: $14,0392012Revenue 2014: $180,381Expenses 2014: $191,033Net Income 2014: -$10,6522014Revenue 2015: $164,974Expenses 2015: $211,776Net Income 2015: -$46,8022015Revenue 2016: $174,630Expenses 2016: $178,651Net Income 2016: -$4,0212016Revenue 2017: $184,015Expenses 2017: $17,834Net Income 2017: $166,1812017Revenue 2018: $183,499Expenses 2018: $203,950Net Income 2018: -$20,4512018Revenue 2020: $0Expenses 2020: $9,166Net Income 2020: -$9,1662020Revenue 2021: $196,975Expenses 2021: $194,842Net Income 2021: $2,1332021Revenue 2022: $207,760Expenses 2022: $193,292Net Income 2022: $14,4682022Revenue 2023: $240,895Expenses 2023: $240,595Net Income 2023: $3002023Revenue 2024: $254,022Expenses 2024: $259,190Net Income 2024: -$5,1682024

Highlighted filing

2022

Revenue$207,760
Expenses$193,292
Net Income$14,468
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$207,760
Mission and Program Overview

Mission

Seva is an alliance of state associations dedicataed to serving vending, market, coffee and food service professionals. The association provides support for the advancement of operator supply chain and nama initiatives that enhance customer awareness of industry image and value through education, networking and a committment to ethical business practices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$57,608$72,076▲ $14,468
Total Assets$57,608$72,076▲ $14,468
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$57,608$72,076▲ $14,468
Total Net Assets Fund Balance$57,608$72,076▲ $14,468
Total Liabilities and Net Assets / Fund Balance$57,608$72,076▲ $14,468
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin PoseyChairman
Donnie PembertonPast Chairma
Bill TervinSenior Vice
Lisa OglesbySponsorship
Lauren HarrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$155,080
Program Service Revenue
$52,680
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$14,468
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,292
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$4,856--$4,856
Conferences and Meetings$3,884--$3,884
Fees for Services Accounting-$1,200-$1,200
Advertising$920--$920
Office Expenses$575--$575
Fees for Services Legal-$412-$412
Total Functional Expenses$191,680$1,612$0$193,292
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Annually reviewed by board of directors

Form 990, Page 6, Part VI, Line 11B

The organization's process is for the form 990 to be reviewed by the board of directors and officers before the form 990 is filed.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Southeastern Vending Association
EIN
58-1940099
Phone
6787727289
Address
815 MCNEIL AVE, MOBILE, AL 36609

Signing Officer

Name
Kevin Posey
Title
Chairman
Phone
6787727289
Signed
2023-11-14

Organization Details

Principal Officer
Kevin Posey
Voting Board Members
5
Independent Board Members
22
Employees
0
Volunteers
22

Preparer

Firm
Terry Jones & Associates Pc
Address
5910 GRELOT ROAD, MOBILE, AL 36609
Preparer
C Terry Jones CPA
Phone
2513414593
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Seva is an alliance of state associations dedicataed to serving vending, market, coffee and food service professionals. The association provides support for the advancement of operator supply chain and nama initiatives that enhance customer awareness of industry image and value through education, networking and a committment to ethical business practices.

Form 990, Page 2, Part III, Line 4D

The association conducts one convention per year. This meeting provides education along with breakout sessions on topics that impact the vending, coffee, food and micromarket industries in an effort to help maintain and enhance the image of the industry and support the advancement of the operator supply chain.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEVA IS AN ALLIANCE OF STATE ASSOCIATIONS DEDICATAED TO SERVING VENDING, MARKET, COFFEE AND FOOD SERVICE PROFESSIONALS. THE ASSOCIATION PROVIDES SUPPORT FOR THE ADVANCEMENT OF OPERATOR SUPPLY CHAIN AND NAMA INITIATIVES THAT ENHANCE CUSTOMER AWARENESS OF INDUSTRY IMAGE AND VALUE THROUGH EDUCATION, NETWORKING AND A COMMITTMENT TO ETHICAL BUSINESS PRACTICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION CONDUCTS ONE CONVENTION PER YEAR. THIS MEETING PROVIDES EDUCATION ALONG WITH BREAKOUT SESSIONS ON TOPICS THAT IMPACT THE VENDING, COFFEE, FOOD AND MICROMARKET INDUSTRIES IN AN EFFORT TO HELP MAINTAIN AND ENHANCE THE IMAGE OF THE INDUSTRY AND SUPPORT THE ADVANCEMENT OF THE OPERATOR SUPPLY CHAIN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY REVIEWED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S PROCESS IS FOR THE FORM 990 TO BE REVIEWED BY THE BOARD OF DIRECTORS AND OFFICERS BEFORE THE FORM 990 IS FILED.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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