Civic Intelligence

Southern Financial Exchange

990 • Fiscal year 2022 • EIN 72-0797058

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 25, 2023

Organization ProfileWWW.SFE.ORG

View Organization Page

1340 Poydras Street 2010New Orleans, LA 70112

(504) 525-6779

Siviq Scores

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

Liabilities / Assets

78th percentile

0.40x

Higher debt load relative to assets than 78% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

0.69x

Higher debt load relative to revenue than 88% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Net Margin

24th percentile

-4.0%

Higher net margin than 24% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

86th percentile

$284,119

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Asset Growth

57th percentile

4.5%

Faster asset growth than 57% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

52nd percentile

9.2%

Faster revenue growth than 52% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$2,564,260

Up $110,712 (+4.5%) from 2021

Net Assets

Down

$1,548,179

Down $58,979 (-3.7%) from 2021

Liabilities

Up

$1,016,081

Up $169,691 (+20%) from 2021

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin24th percentile

Revenue

Up

$1,479,798

Up $124,937 (+9.2%) from 2021

Expenses

Up

$1,538,777

Up $329,273 (+27%) from 2021

Net Income

Down

-$58,979

Down $204,336 (-141%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,840,996Liabilities 2010: $676,935Net Assets 2010: $1,164,0612010Assets 2011: $1,927,476Liabilities 2011: $649,448Net Assets 2011: $1,278,0282011Assets 2012: $1,969,367Liabilities 2012: $653,055Net Assets 2012: $1,316,3122012Assets 2013: $2,060,865Liabilities 2013: $660,438Net Assets 2013: $1,400,4272013Assets 2014: $2,025,993Liabilities 2014: $664,970Net Assets 2014: $1,361,0232014Assets 2015: $1,891,584Liabilities 2015: $676,401Net Assets 2015: $1,215,1832015Assets 2016: $1,920,691Liabilities 2016: $664,004Net Assets 2016: $1,256,6872016Assets 2017: $2,059,587Liabilities 2017: $742,006Net Assets 2017: $1,317,5812017Assets 2018: $2,169,905Liabilities 2018: $753,912Net Assets 2018: $1,415,9932018Assets 2019: $2,185,350Liabilities 2019: $768,132Net Assets 2019: $1,417,2182019Assets 2020: $2,268,510Liabilities 2020: $794,011Net Assets 2020: $1,474,4992020Assets 2021: $2,453,548Liabilities 2021: $846,390Net Assets 2021: $1,607,1582021Assets 2022: $2,564,260Liabilities 2022: $1,016,081Net Assets 2022: $1,548,1792022Assets 2023: $2,635,843Liabilities 2023: $918,424Net Assets 2023: $1,717,4192023Assets 2024: $2,949,471Liabilities 2024: $927,350Net Assets 2024: $2,022,1212024

Highlighted filing

2022

Assets$2,564,260
Liabilities$1,016,081
Net Assets$1,548,179
Open 2022 Filing

Operations Trend

Revenue Growth52nd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $1,010,948Expenses 2010: $953,079Net Income 2010: $57,8692010Revenue 2011: $1,053,192Expenses 2011: $939,225Net Income 2011: $113,9672011Expenses 2012: $994,4512012Revenue 2013: $1,037,410Expenses 2013: $953,295Net Income 2013: $84,1152013Revenue 2014: $1,030,959Expenses 2014: $1,070,363Net Income 2014: -$39,4042014Revenue 2015: $1,048,158Expenses 2015: $1,193,998Net Income 2015: -$145,8402015Revenue 2016: $1,101,015Expenses 2016: $1,059,511Net Income 2016: $41,5042016Revenue 2017: $1,082,880Expenses 2017: $1,021,986Net Income 2017: $60,8942017Revenue 2018: $1,144,669Expenses 2018: $1,046,257Net Income 2018: $98,4122018Revenue 2019: $1,189,961Expenses 2019: $1,198,242Net Income 2019: -$8,2812019Revenue 2020: $1,148,072Expenses 2020: $1,093,431Net Income 2020: $54,6412020Revenue 2021: $1,354,861Expenses 2021: $1,209,504Net Income 2021: $145,3572021Revenue 2022: $1,479,798Expenses 2022: $1,538,777Net Income 2022: -$58,9792022Revenue 2023: $1,603,864Expenses 2023: $1,434,624Net Income 2023: $169,2402023Revenue 2024: $1,825,281Expenses 2024: $1,520,579Net Income 2024: $304,7022024

Highlighted filing

2022

Revenue$1,479,798
Expenses$1,538,777
Net Income-$58,979
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 25, 2023
Return Version
2022v5.0
Gross Receipts
$1,479,798
Mission and Program Overview

Mission

Our mission is to provide leadership, education, and innovative, cost effective products and services for the mutual benefit of our members and their customers.

Southern financial exchange (sfe) provides education, risk and compliance services, advocacy, and consultative expertise to the financial institutions and organizations we serve, through a collaborative partnership with our members and industry leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,824,847$1,477,295▼ $347,552
Accounts Receivable$573,729$798,393▲ $224,664
Cash and Non-Interest-Bearing Accounts-$194,641-
Prepaid Expenses and Deferred Charges$24,497$27,091▲ $2,594
Land, Buildings, and Equipment, Net$24,089$14,052▼ $10,037
Inventories for Sale or Use$6,386$1,818▼ $4,568
Total Assets$2,453,548$2,564,260▲ $110,712
Other Assets Total$0$50,970▲ $50,970
Liabilities
Deferred Revenue$749,845$799,386▲ $49,541
Accounts Payable and Accrued Expenses$96,545$165,725▲ $69,180
Other Liabilities$0$50,970▲ $50,970
Total Liabilities$846,390$1,016,081▲ $169,691
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,607,158$1,548,179▼ $58,979
Total Net Assets Fund Balance$1,607,158$1,548,179▼ $58,979
Total Liabilities and Net Assets / Fund Balance$2,453,548$2,564,260▲ $110,712

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,052$82,322$96,374
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald JacksonPresident & CEOFT$230,299$53,820$284,119
Pamela T RodriguezChief Operations OfficerFT$167,462$26,203$193,665
Nancy MossSenior Vice PresidentFT$113,652$18,030$131,682

Board Members and Trustees

NameTitle
Jim M Fazende IiiChairman
Pam WarePast Chair
Ean ColleyVice Chair
A Javier PastorDirector
Amy ShreveDirector
Bill MccoyDirector
Bj CooleyDirector
Donna MckeyDirector
Janiece WrightDirector
Jason NicholsDirector
Jennifer BrockDirector
Jerry Brodnax JrDirector
Kelly KikerDirector
Misty R FiewDirector
Sherrie KlotzDirector
Wendy WoodDirector
Barbara DanielsSecretary
Brenda H EldridgeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$761,503
Program Service Revenue
$703,266
Investment Income
$11,435
Other Revenue
$3,594
Change in Net Assets
$-58,979

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,479,798
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,479,798
Total Revenue per Form 990
$1,479,798
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,144,052
Other Expenses$394,725
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$300,535$155,277-$455,812
Comp Disqual Persons$239,220$123,597-$362,817
Pension Plan Contributions$96,483$49,850-$146,333
Other Employee Benefits$80,475$41,578-$122,053
Conferences and Meetings$64,516--$64,516
Payroll Taxes$37,607$19,430-$57,037
Fees for Services Accounting-$35,681-$35,681
Advertising$24,182--$24,182
All Other Expenses$12,792$10,459-$23,251
Travel$6,343$14,799-$21,142
Office Expenses$16,692$4,349-$21,041
Other Expenses$19,493$5,811-$19,493
Occupancy-$15,020-$15,020
Depreciation Depletion$11,152$2,788-$13,940
Insurance-$13,273-$13,273
Total Functional Expenses$1,043,770$495,007$0$1,538,777

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,538,777
Total Expenses per Audited Statements$1,538,777
Total Expenses per Form 990$1,538,777
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Non-current Operating Right of Use Liability$37,309
Current Operating Right of Use Liability$13,661
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 A, Line 6

“Southern financial exchange has members of the organization. There are two classes of members: financial institution member and affiliate or professional members.”

Form 990, Part VI, Section A, Line 7A

“Active members vote to elect directors of the board at the annual meeting. However, vacancies in the board of directros whether resulting from death, resignation, removal or other cause, may be filled for the unexpired term of the vacant directorship by a majority of directors then in office.”

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

“A copy of form 990 is not presented to all members of its governing body before it is filed. The return is reviewed and signed by pamela rodriguez.”

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

“The organization does monitor compliance with the conflict of interest policy and addresses and resolves issues that would occur, if any.”

Form 990, Part VI, Section B, Line 15

“The process for determining compensation of the organization's officers and key employees involved analysis of comparability data for similar positions.”

Form 990, Part VI, Section C, Line 19

“Southern financial exchange make their governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Southern Financial Exchange
EIN
72-0797058
Phone
5045256779
Address
1340 POYDRAS STREET 2010, NEW ORLEANS, LA 70112

Signing Officer

Name
Pamela Rodriguez
Title
President & CEO
Phone
5045256779
Signed
2023-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pamela Rodriguez
Formed
1976
Legal Domicile
La
Voting Board Members
19
Independent Board Members
18
Employees
8
Volunteers
90

Preparer

Firm
Ericksen Krentel Llp
Address
4227 CANAL STREET, NEW ORLEANS, LA 70119
Preparer
Claude M Silverman CPA
Phone
5044867275
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The treasurer reviews the financial statements, reviews the audit or review report, but does not select the independent auditor. The president and ceo select the independent auditor.”

Financial Statement Notes

PART X, LINE 2:

“Accounting standards provide detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in an entity's financial statements. It requires an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position will not be sustained upon examination. As of december 31, 2022 and 2021, management of sfe believes that it has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Management also believes that sfe is no longer subject to income tax examinations for years prior to 2019.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14167462
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19230299
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20113652
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt20SENIOR VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01479798
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt013273
IRS990/InsuranceGrp/TotalAmt013273
IRS990/InventoriesForSaleOrUseGrp/BOYAmt06386
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01818
IRS990/InvestmentIncomeGrp/ExclusionAmt011435
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011435
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt082322
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024089
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014052
IRS990/LandBldgEquipCostOrOtherBssAmt096374
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0761503
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SOUTHERN FINANCIAL EXCHANGE (SFE) PROVIDES EDUCATION, RISK AND COMPLIANCE SERVICES, ADVOCACY, AND CONSULTATIVE EXPERTISE TO THE FINANCIAL INSTITUTIONS AND ORGANIZATIONS WE SERVE, THROUGH A COLLABORATIVE PARTNERSHIP WITH OUR MEMBERS AND INDUSTRY LEADERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01607158
IRS990/NetAssetsOrFundBalancesEOYAmt01548179
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01607158
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01548179
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt015020
IRS990/OccupancyGrp/TotalAmt015020
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04349
IRS990/OfficeExpensesGrp/ProgramServicesAmt016692
IRS990/OfficeExpensesGrp/TotalAmt021041
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt050970
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt041578
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt080475
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0122053
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1PUBLICATIONS
IRS990/OtherExpensesGrp/Desc2AUDIT & RISK ASSESSMENT
IRS990/OtherExpensesGrp/Desc3SEMINARS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03095
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15811
IRS990/OtherExpensesGrp/ProgramServicesAmt058802
IRS990/OtherExpensesGrp/ProgramServicesAmt152236
IRS990/OtherExpensesGrp/ProgramServicesAmt223242
IRS990/OtherExpensesGrp/ProgramServicesAmt319493
IRS990/OtherExpensesGrp/TotalAmt061897
IRS990/OtherExpensesGrp/TotalAmt152236
IRS990/OtherExpensesGrp/TotalAmt229053
IRS990/OtherExpensesGrp/TotalAmt319493
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt050970
IRS990/OtherRevenueMiscGrp/Desc0NACHA REBATES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc2POSTAGE & HANDLING FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01490
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11238
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2866
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01490
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11238
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2866
IRS990/OtherRevenueTotalAmt03594
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019430
IRS990/PayrollTaxesGrp/ProgramServicesAmt037607
IRS990/PayrollTaxesGrp/TotalAmt057037
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt049850
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt096483
IRS990/PensionPlanContributionsGrp/TotalAmt0146333
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024497
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027091
IRS990/PrincipalOfficerNm0PAMELA RODRIGUEZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/BusinessCd3541900
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT SERVICES INCO
IRS990/ProgramServiceRevenueGrp/Desc1SEMINAR INCOME
IRS990/ProgramServiceRevenueGrp/Desc2PUBLICATION INCOME
IRS990/ProgramServiceRevenueGrp/Desc3CONFERENCE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0421544
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1132813
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt277829
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt371080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0421544
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1132813
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt277829
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt371080
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0724315
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021826
IRS990/PYOtherExpensesAmt0299442
IRS990/PYOtherRevenueAmt07146
IRS990/PYProgramServiceRevenueAmt0601574
IRS990/PYRevenuesLessExpensesAmt0145357
IRS990/PYSalariesCompEmpBnftPaidAmt0910062
IRS990/PYTotalExpensesAmt01209504
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01354861
IRS990/ReconcilationRevenueExpnssAmt0-58979
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0706860
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01824847
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01477295
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt014052
IRS990ScheduleD/EquipmentGrp/DepreciationAmt082322
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt096374
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01538777
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013661
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt137309
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CURRENT OPERATING RIGHT OF USE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NON-CURRENT OPERATING RIGHT OF USE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01479798
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2022 AND 2021, MANAGEMENT OF SFE BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MANAGEMENT ALSO BELIEVES THAT SFE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,564,260
Liabilities
$1,016,081
Net assets
$1,548,179
Revenue
$1,479,798
Expenses
$1,538,777
Net income
-$58,979
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.93$2.02$1.83$1.52$0.30
2023Detailed filing. Detailed filing data is available for this year.$2.64$0.92$1.72$1.60$1.43$0.17
2022Detailed filing. Detailed filing data is available for this year.$2.56$1.02$1.55$1.48$1.54$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.45$0.85$1.61$1.35$1.21$0.15
2020Detailed filing. Detailed filing data is available for this year.$2.27$0.79$1.47$1.15$1.09$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.19$0.77$1.42$1.19$1.20$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.17$0.75$1.42$1.14$1.05$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.06$0.74$1.32$1.08$1.02$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.92$0.66$1.26$1.10$1.06$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.89$0.68$1.22$1.05$1.19$0.15
2014Detailed filing. Detailed filing data is available for this year.$2.03$0.66$1.36$1.03$1.07$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.06$0.66$1.40$1.04$0.95$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.65$1.32$0.99
2011Summary only. Only limited summary data is available for this year.$1.93$0.65$1.28$1.05$0.94$0.11
2010Summary only. Only limited summary data is available for this year.$1.84$0.68$1.16$1.01$0.95$0.06