Civic Intelligence

Southwest Organizing Project

990 • Fiscal year 2019 • EIN 85-0368743

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 30, 2019

211 10th Steet SWAlbuquerque, NM 87102

(505) 247-8832

Siviq Scores

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

Liabilities / Assets

38th percentile

0.03x

Higher debt load relative to assets than 38% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

34th percentile

0.03x

Higher debt load relative to revenue than 34% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

91st percentile

50%

Higher net margin than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$67,843

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

95th percentile

94%

Faster asset growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

29%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,513,238

Up $731,899 (+94%) from 2018

Net Assets

Up

$1,466,495

Up $726,226 (+98%) from 2018

Liabilities

Up

$46,743

Up $5,673 (+14%) from 2018

Revenue

Up

$1,396,966

Up $311,911 (+29%) from 2018

Expenses

Down

$696,622

Down $454,489 (-39%) from 2018

Net Income

Up

$700,344

Up $766,400 (+1160%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $814,041Liabilities 2010: $51,897Net Assets 2010: $762,1442010Assets 2011: $2,105,869Liabilities 2011: $41,291Net Assets 2011: $2,064,5782011Assets 2012: $2,007,737Liabilities 2012: $63,827Net Assets 2012: $1,943,9102012Assets 2013: $1,179,559Liabilities 2013: $132,171Net Assets 2013: $1,047,3882013Assets 2014: $1,380,017Liabilities 2014: $35,673Net Assets 2014: $1,344,3442014Assets 2015: $1,100,540Liabilities 2015: $87,289Net Assets 2015: $1,013,2512015Assets 2016: $1,256,128Liabilities 2016: $101,185Net Assets 2016: $1,154,9432016Assets 2017: $834,796Liabilities 2017: $46,021Net Assets 2017: $788,7752017Assets 2018: $781,339Liabilities 2018: $41,070Net Assets 2018: $740,2692018Assets 2019: $1,513,238Liabilities 2019: $46,743Net Assets 2019: $1,466,4952019Assets 2020: $1,842,512Liabilities 2020: $164,558Net Assets 2020: $1,677,9542020Assets 2021: $2,299,560Liabilities 2021: $258,442Net Assets 2021: $2,041,1182021Assets 2022: $3,346,487Liabilities 2022: $1,017,828Net Assets 2022: $2,328,6592022Assets 2023: $4,437,924Liabilities 2023: $1,337,489Net Assets 2023: $3,100,4352023

Highlighted filing

2019

Assets$1,513,238
Liabilities$46,743
Net Assets$1,466,495

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,105,7752010Expenses 2011: $1,108,3232011Expenses 2012: $1,181,5582012Expenses 2013: $1,437,3002013Revenue 2014: $1,371,756Expenses 2014: $1,051,896Net Income 2014: $319,8602014Revenue 2015: $1,152,048Expenses 2015: $1,485,601Net Income 2015: -$333,5532015Revenue 2016: $1,432,908Expenses 2016: $1,284,474Net Income 2016: $148,4342016Revenue 2017: $1,023,735Expenses 2017: $1,415,254Net Income 2017: -$391,5192017Revenue 2018: $1,085,055Expenses 2018: $1,151,111Net Income 2018: -$66,0562018Revenue 2019: $1,396,966Expenses 2019: $696,622Net Income 2019: $700,3442019Revenue 2020: $1,307,030Expenses 2020: $1,078,329Net Income 2020: $228,7012020Revenue 2021: $1,859,196Expenses 2021: $1,534,224Net Income 2021: $324,9722021Revenue 2022: $1,848,031Expenses 2022: $1,518,956Net Income 2022: $329,0752022Revenue 2023: $2,175,912Expenses 2023: $1,428,932Net Income 2023: $746,9802023

Highlighted filing

2019

Revenue$1,396,966
Expenses$696,622
Net Income$700,344
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 30, 2019
Return Version
2018v3.1
Gross Receipts
$1,396,966
Mission and Program Overview

Mission

The mission of swop is to empower the disenfranchised in the southwest to realize racial and gender equality, and social and economic justice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$78,423$623,037▲ $544,614
Pledges and Grants Receivable$398,339$569,000▲ $170,661
Investments in Publicly Traded Securities$197,370$223,799▲ $26,429
Savings and Temporary Cash Investments$84,753$79,543▼ $5,210
Prepaid Expenses and Deferred Charges$7,326$7,326→ $0
Land, Buildings, and Equipment, Net$8,535$5,690▼ $2,845
Accounts Receivable$6,593$4,843▼ $1,750
Total Assets$781,339$1,513,238▲ $731,899
Liabilities
Escrow Account Liability-$30,290-
Accounts Payable and Accrued Expenses$40,570$16,453▼ $24,117
Other Liabilities$500--
Total Liabilities$41,070$46,743▲ $5,673
Net Assets / Fund Balance
Unrestricted Net Assets$341,930$897,495▲ $555,565
Temporarily Rstr Net Assets$398,339$569,000▲ $170,661
Total Net Assets Fund Balance$740,269$1,466,495▲ $726,226
Total Liabilities and Net Assets / Fund Balance$781,339$1,513,238▲ $731,899

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,690$77,428$83,118
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
George LujanExecutive DiFT$50,401$17,442$67,843

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,355,169
Program Service Revenue
$37,044
Investment Income
$4,753
Other Revenue
$0
All Other Contributions
$1,355,169
Change in Net Assets
$700,344

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,396,966
Revenue Not Reported on Form 990
$25,882
Total Revenue per Audited Statements
$1,422,848
Total Revenue per Form 990
$1,396,966
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$495,795
Other Expenses$200,827
Total Fundraising Expense$78,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$246,255$72,429$32,108$350,792
Fees for Services Other$74,207$15,257-$89,464
Current Officers, Directors, Trustees, and Key Employees$18,698$12,686$31,347$62,731
Payroll Taxes$22,447$7,207$5,381$35,035
Other Employee Benefits$21,568$6,800$5,266$33,634
Occupancy$21,695$685$457$22,837
Office Expenses$13,494$4,634$112$18,240
Pension Plan Contributions$8,706$2,857$2,040$13,603
Fees for Services Accounting$5,502$5,501-$11,003
Insurance-$6,419-$6,419
Travel$5,608$507$291$6,406
Depreciation Depletion$1,423$1,422-$2,845
Other Expenses$2,654$84$56$2,794
All Other Expenses$1,922$426$202$2,550
Fees for Services Legal$202$989-$1,191
Total Functional Expenses$466,802$151,309$78,511$696,622

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$696,622
Total Expenses per Audited Statements$696,622
Total Expenses per Form 990$696,622
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
Audit committee
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
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, Page 6, Part VI, Line 11B

The form 990 information return was electronically provided to board members after review and approval by the executive director and board treasurer. If no concerns or comments are received within a reasonable timeframe, the form 990 is sent to the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Board members are required to report potential conflicts as they arise.

Form 990, Page 6, Part VI, Line 15A

As applicable, the board would approve as part of the annual budgeting process.

Form 990, Page 6, Part VI, Line 15B

As applicable, the board would approve as part of the annual budgeting process.

Form 990, Page 6, Part VI, Line 19

Governing documents are maintained at the office location and are made available upon request.

Filing and Contact Details

Filer

Filer Name
Southwest Organizing Project
EIN
85-0368743
Phone
5052478832
Address
211 10TH STEET SW, ALBUQUERQUE, NM 87102

Signing Officer

Name
Samia Assed
Title
Chair
Phone
5052478832
Signed
2019-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samia Assed
Formed
1982
Legal Domicile
Nm
Voting Board Members
7
Independent Board Members
7
Employees
14
Volunteers
316

Preparer

Firm
Loftis Group LLC
Address
4811 HARDWARE RD NE STE E-4, ALBUQUERQUE, NM 87109-2023
Preparer
Lonnie Juarez
Phone
5052935009
Supplemental Narrative

Additional Explanations

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

Swop had a great year in 2018-2019, achieving victories in new campaigns and age-old issues, leveraging the power of deep, long-term organizing on local and national levels to have an impact on urgent political moments when community is threatened. Defending against malicious political entities, holding officials accountable, and pushing policies and programs across the finish line. We set out to tackle large issues where local community was disenfranchised, marginalized, and characterized as the very problems they sought to address. Most of these issues were not covered favorably by local media- if they were covered at all. But from snap benefits, to education reforms, to air quality based environmental racism, we were able to uplift our issues both in public perception, community engagement, and policy action. The organization and our members were able to see our yearlong goals through to fruition, while remaining agile and engaging in political opportunities as they arose.

Form 990, Part IX, Line 11G

Other professional contractua 74,207 15,257 0

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

During the year ended june 30, 2019 southwest organizing project was the fiscal sponsor for several organizations. Amounts owed to the sponsored organizations as of june 30, 209 totaled 30,290 as a fiscal sponsor, southwest organizing project will maintain adequate documentation and records, monitor all fiscal activities related to the sponsored organizations, disburse all funds to the sponsored organzations less the percentage fee allowed to be charged as the fiscal sponsor by southwest organizing project.

Schedule D, Page 3, Part X

Swop is exempt from federal income tax under section 501(c)(3) of the internal revenue code on all income except unrelated business income. Swop evaluates uncertain tax positions in accordance with asc 450 accounting for contigencies whereby the effect of the uncertainties in tax positions would be recorded if the outcome was considered probable and reasonably estimable. Swop beleives that it has appropriate support for any tax positions taken, and as such does not have any uncertain tax positions that are material to the financial statements. Swop's open audit periods are fiscal year 2016 and thereafter.

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt077428
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IRS990ScheduleD/ExpensesSubtotalAmt0696622
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IRS990ScheduleD/NetUnrealizedGainsInvstAmt025882
IRS990ScheduleD/RevenueNotReportedAmt025882
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DURING THE YEAR ENDED JUNE 30, 2019 SOUTHWEST ORGANIZING PROJECT WAS THE FISCAL SPONSOR FOR SEVERAL ORGANIZATIONS. AMOUNTS OWED TO THE SPONSORED ORGANIZATIONS AS OF JUNE 30, 209 TOTALED 30,290 AS A FISCAL SPONSOR, SOUTHWEST ORGANIZING PROJECT WILL MAINTAIN ADEQUATE DOCUMENTATION AND RECORDS, MONITOR ALL FISCAL ACTIVITIES RELATED TO THE SPONSORED ORGANIZATIONS, DISBURSE ALL FUNDS TO THE SPONSORED ORGANZATIONS LESS THE PERCENTAGE FEE ALLOWED TO BE CHARGED AS THE FISCAL SPONSOR BY SOUTHWEST ORGANIZING PROJECT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SWOP IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME. SWOP EVALUATES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC 450 ACCOUNTING FOR CONTIGENCIES WHEREBY THE EFFECT OF THE UNCERTAINTIES IN TAX POSITIONS WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. SWOP BELEIVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. SWOP'S OPEN AUDIT PERIODS ARE FISCAL YEAR 2016 AND THEREAFTER.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SWOP HAD A GREAT YEAR IN 2018-2019, ACHIEVING VICTORIES IN NEW CAMPAIGNS AND AGE-OLD ISSUES, LEVERAGING THE POWER OF DEEP, LONG-TERM ORGANIZING ON LOCAL AND NATIONAL LEVELS TO HAVE AN IMPACT ON URGENT POLITICAL MOMENTS WHEN COMMUNITY IS THREATENED. DEFENDING AGAINST MALICIOUS POLITICAL ENTITIES, HOLDING OFFICIALS ACCOUNTABLE, AND PUSHING POLICIES AND PROGRAMS ACROSS THE FINISH LINE. WE SET OUT TO TACKLE LARGE ISSUES WHERE LOCAL COMMUNITY WAS DISENFRANCHISED, MARGINALIZED, AND CHARACTERIZED AS THE VERY PROBLEMS THEY SOUGHT TO ADDRESS. MOST OF THESE ISSUES WERE NOT COVERED FAVORABLY BY LOCAL MEDIA- IF THEY WERE COVERED AT ALL. BUT FROM SNAP BENEFITS, TO EDUCATION REFORMS, TO AIR QUALITY BASED ENVIRONMENTAL RACISM, WE WERE ABLE TO UPLIFT OUR ISSUES BOTH IN PUBLIC PERCEPTION, COMMUNITY ENGAGEMENT, AND POLICY ACTION. THE ORGANIZATION AND OUR MEMBERS WERE ABLE TO SEE OUR YEARLONG GOALS THROUGH TO FRUITION, WHILE REMAINING AGILE AND ENGAGING IN POLITICAL OPPORTUNITIES AS THEY AROSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 INFORMATION RETURN WAS ELECTRONICALLY PROVIDED TO BOARD MEMBERS AFTER REVIEW AND APPROVAL BY THE EXECUTIVE DIRECTOR AND BOARD TREASURER. IF NO CONCERNS OR COMMENTS ARE RECEIVED WITHIN A REASONABLE TIMEFRAME, THE FORM 990 IS SENT TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO REPORT POTENTIAL CONFLICTS AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS APPLICABLE, THE BOARD WOULD APPROVE AS PART OF THE ANNUAL BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AS APPLICABLE, THE BOARD WOULD APPROVE AS PART OF THE ANNUAL BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE MAINTAINED AT THE OFFICE LOCATION AND ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER PROFESSIONAL CONTRACTUA 74,207 15,257 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/TotalLiabilitiesGrp/BOYAmt041070
IRS990/TotalLiabilitiesGrp/EOYAmt046743

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.44$1.34$3.10$2.18$1.43$0.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$1.02$2.33$1.85$1.52$0.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$0.26$2.04$1.86$1.53$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.16$1.68$1.31$1.08$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.51$0.05$1.47$1.40$0.70$0.70
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.04$0.74$1.09$1.15$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.05$0.79$1.02$1.42$0.39
2016Detailed filing. Detailed filing data is available for this year.$1.26$0.10$1.15$1.43$1.28$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.10$0.09$1.01$1.15$1.49$0.33
2014Detailed filing. Detailed filing data is available for this year.$1.38$0.04$1.34$1.37$1.05$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.13$1.05$1.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.06$1.94$1.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.04$2.06$1.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.05$0.76$1.11