Civic Intelligence

Southern Society for Coating Technology C/O Laura M Fosselman

990 • Fiscal year 2015 • EIN 64-0838203

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 22, 2016

Organization ProfileN/A
2808 Jefferson DriveHattiesburg, MS 39402

(601) 266-6298

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

55th percentile

4.5%

Higher net margin than 55% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$20,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

54th percentile

4.2%

Faster asset growth than 54% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

16th percentile

-20%

Faster revenue growth than 16% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$302,373

Up $12,168 (+4.2%) from 2014

Net Assets

Up

$302,373

Up $12,168 (+4.2%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin55th percentile

Revenue

Down

$108,830

Down $27,603 (-20%) from 2014

Expenses

Down

$103,955

Down $34,516 (-25%) from 2014

Net Income

Up

$4,875

Up $6,913 (+339%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$400K$300K$200K$100K$0Assets 2012: $222,525Liabilities 2012: $0Net Assets 2012: $222,5252012Assets 2013: $260,176Liabilities 2013: $0Net Assets 2013: $260,1762013Assets 2014: $290,205Liabilities 2014: $0Net Assets 2014: $290,2052014Assets 2015: $302,373Liabilities 2015: $0Net Assets 2015: $302,3732015Assets 2016: $324,801Liabilities 2016: $0Net Assets 2016: $324,8012016Assets 2017: $329,728Liabilities 2017: $0Net Assets 2017: $329,7282017Assets 2018: $395,353Liabilities 2018: $0Net Assets 2018: $395,3532018Assets 2019: $351,789Liabilities 2019: $0Net Assets 2019: $351,7892019Assets 2020: $354,654Liabilities 2020: $0Net Assets 2020: $354,6542020Assets 2021: $368,029Liabilities 2021: $0Net Assets 2021: $368,0292021Assets 2022: $328,806Liabilities 2022: $0Net Assets 2022: $328,8062022Assets 2023: $333,366Liabilities 2023: $0Net Assets 2023: $333,3662023Assets 2024: $325,929Liabilities 2024: $0Net Assets 2024: $325,9292024

Highlighted filing

2015

Assets$302,373
Liabilities$0
Net Assets$302,373
Open 2015 Filing

Operations Trend

Revenue Growth16th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,157,5612012Expenses 2013: $130,1442013Revenue 2014: $136,433Expenses 2014: $138,471Net Income 2014: -$2,0382014Revenue 2015: $108,830Expenses 2015: $103,955Net Income 2015: $4,8752015Revenue 2016: $119,601Expenses 2016: $102,022Net Income 2016: $17,5792016Revenue 2017: $126,428Expenses 2017: $147,360Net Income 2017: -$20,9322017Revenue 2018: $140,743Expenses 2018: $85,403Net Income 2018: $55,3402018Revenue 2019: $181,015Expenses 2019: $230,989Net Income 2019: -$49,9742019Revenue 2020: $52,605Expenses 2020: $49,409Net Income 2020: $3,1962020Revenue 2021: $108,712Expenses 2021: $120,033Net Income 2021: -$11,3212021Revenue 2022: $176,843Expenses 2022: $151,038Net Income 2022: $25,8052022Revenue 2023: $158,307Expenses 2023: $157,556Net Income 2023: $7512023Revenue 2024: $149,629Expenses 2024: $153,042Net Income 2024: -$3,4132024

Highlighted filing

2015

Revenue$108,830
Expenses$103,955
Net Income$4,875
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 22, 2016
Return Version
2014v6.0
Gross Receipts
$108,830
Mission and Program Overview

Mission

Educate membership (paint and coating industry annual technical meeting and ssct section technical meetings).

Awarding scholarships and funding seminars.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$290,205$302,373▲ $12,168
Investments Other Securities$226,771$234,066▲ $7,295
Cash and Non-Interest-Bearing Accounts$63,434$68,307▲ $4,873
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$290,205$302,373▲ $12,168
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$290,205$302,373▲ $12,168
Total Liabilities and Net Assets / Fund Balance$290,205$302,373▲ $12,168

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$234,066--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Laura FosselmanExecutive SecretaryPT$20,000$20,000

Board Members and Trustees

NameTitle
Eric RobbinsPresident
Rick DienerVice President
Ben YorkDirector
Berger JustenDirector
David RothDirector
Eric RobbinsDirector
Jana SykesDirector
Jeff CrawfordDirector
Jeff SmytheDirector
Kip SharpDirector
Lee HertzDirector
Lloyd BealeDirector
Randy ShubertDirector
Randy WaldmanDirector
Rebecca DaleyDirector
Rose BurkeDirector
Stephen CooperDirector
Steve HallidayDirector
Tim GregoryDirector
Ursula ThomasDirector
Yvette BoxSecretary
Mark StaackTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$28,284
Program Service Revenue
$77,801
Investment Income
$0
Other Revenue
$2,745
All Other Contributions
$15,909
Change in Net Assets
$4,875
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$77,955
Salaries, Compensation, and Employee Benefits$20,000
Grants and Similar Amounts Paid$6,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$69,503
Other Salaries and Wages---$20,000
Grants to Domestic Individuals---$6,000
Fees for Services Accounting---$1,790
Other Expenses---$442
Total Functional Expenses$0$0$0$103,955
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
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 11

“Southern society of coating technology board of directors authorized the treasurer and executive secretary to review form 990 prior to filing.”

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

“The organization includes an anti-trust laws and trade associations guide in their annual technical program booklet. These anti-trust laws are also available on the organization's website. Additionally, each member's company have their own policies regarding conflicts of interest.”

Form 990, Part VI, Section C, line 19

“Organization posts by-laws and membership minutes on their website. Financial documents are available upon request to all members.”

Filing and Contact Details

Filer

Filer Name
Southern Society for Coating Technology
EIN
64-0838203
Phone
6012666298
Address
2808 Jefferson Drive, Hattiesburg, MS 39402

Signing Officer

Name
Yette Box
Title
Treasurer
Phone
6012666298
Signed
2016-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Staack
Formed
1934
Legal Domicile
Ms
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
0

Preparer

Firm
Mauldin & Jenkins LLC
Address
P O Box 1877, Macon, GA 31202-1877
Preparer
Fred M Martin
Phone
4784648000
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IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherExpensesGrp/Desc1BANK & CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc2WEBSITE
IRS990/OtherExpensesGrp/TotalAmt03514
IRS990/OtherExpensesGrp/TotalAmt12706
IRS990/OtherExpensesGrp/TotalAmt2442
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
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IRS990/OtherRevenueTotalAmt02745
IRS990/OtherSalariesAndWagesGrp/TotalAmt020000
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Mark Staack
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/Desc0Seminar Charges
IRS990/ProgramServiceRevenueGrp/ExclusionAmt077801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt077801
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYGrantsAndSimilarPaidAmt03000
IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt011018
IRS990/PYProgramServiceRevenueAmt0106525
IRS990/PYRevenuesLessExpensesAmt0-2038
IRS990/PYSalariesCompEmpBnftPaidAmt018333
IRS990/PYTotalExpensesAmt0138471
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0136433
IRS990/ReconcilationRevenueExpnssAmt04875
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0290205
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0302373
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0234066
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOUTHERN SOCIETY OF COATING TECHNOLOGY BOARD OF DIRECTORS AUTHORIZED THE TREASURER AND EXECUTIVE SECRETARY TO REVIEW FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION INCLUDES AN ANTI-TRUST LAWS AND TRADE ASSOCIATIONS GUIDE IN THEIR ANNUAL TECHNICAL PROGRAM BOOKLET. THESE ANTI-TRUST LAWS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. ADDITIONALLY, EACH MEMBER'S COMPANY HAVE THEIR OWN POLICIES REGARDING CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION POSTS BY-LAWS AND MEMBERSHIP MINUTES ON THEIR WEBSITE. FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST TO ALL MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
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IRS990/SignificantNewProgramSrvcInd00
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IRS990/TotalReportableCompFromOrgAmt020000
IRS990/TotalRevenueGrp/ExclusionAmt080546
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/TotalVolunteersCnt00
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 Wayne Place
IRS990/USAddress/CityNm0Tampa
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033619
IRS990/VotingMembersGoverningBodyCnt023
IRS990/VotingMembersIndependentCnt023
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Yette Box
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06012666298
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Southern Society for Coating Technology
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O Laura M Fosselman
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0640838203
ReturnHeader/Filer/PhoneNum06012666298
ReturnHeader/Filer/USAddress/AddressLine1Txt02808 Jefferson Drive
ReturnHeader/Filer/USAddress/CityNm0Hattiesburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039402
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0580692043
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mauldin & Jenkins LLC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$302,373
Liabilities
$0
Net assets
$302,373
Revenue
$108,830
Expenses
$103,955
Net income
$4,875
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$0.33$0.00$0.33$0.15$0.15$0.00
2023Summary only. Only limited summary data is available for this year.$0.33$0.00$0.33$0.16$0.16$0.00
2022Summary only. Only limited summary data is available for this year.$0.33$0.00$0.33$0.18$0.15$0.03
2021Summary only. Only limited summary data is available for this year.$0.37$0.00$0.37$0.11$0.12$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.00$0.35$0.05$0.05$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.00$0.35$0.18$0.23$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.14$0.09$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.00$0.33$0.13$0.15$0.02
2016Summary only. Only limited summary data is available for this year.$0.32$0.00$0.32$0.12$0.10$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.11$0.10$0.00
2014Summary only. Only limited summary data is available for this year.$0.29$0.00$0.29$0.14$0.14$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$1.16
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)6 • <$500k nonprofits