SOCIETY FOR ADVANCEMENT OF MANAGEMENT (EIN 133179394) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

Patrick Endicott

Phone

4072790890

Tax Period

2023-07-01 to 2024-06-30

SOCIETY FOR ADVANCEMENT OF MANAGEMENT, founded in 1982, is a micro nonprofit that reported $96K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $138K exceeded revenue, resulting in a 44% operating deficit.

Mission

THROUGH RESEARCH, DISCUSSION, PUBLICATION, AND OTHER APPROPRIATE MEANS TO CONDUCT AND PROMOTE SCIENTIFIC STUDY OF THE PRINCIPLES GOVERNING ORGANIZED EFFORT IN INDUSTRIAL AND ECONOMIC LIFE, INCLUDING BOTH LABOR AND MANAGEMENT; AND TO IMPART TO THE PUBLIC INFORMATION CONCERNING SAID PRINCIPLES AND THEIR VARIOUS APPLICATIONS FOR THE GENERAL BETTERMENT OF SOCIETY, PARTICULARLY BY, BUT NOT LIMITED TO, ELIMINATION OF UNNECESSARY EFFORT AND UNDULY BURDENSOME TOIL; AND TO RECEIVE, INVEST, REINVEST AND ADMINISTER FUNDS OR OTHER PROPERTY EXCLUSIVELY FOR THE ABOVE DESCRIBED SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES. TO PROVIDE AN OPPORTUNITY FOR THE MEMBERS TO INCREASE MANAGEMENT SKILLS AND EXPERTISE THROUGH PARTICIPATION IN PROGRAMS AND SERVICES DESIGNED TO IMPROVE THE PROFESSIONAL QUALITY OF THEIR KNOWLEDGE, PERFORMANCE, AND LEADERSHIP ABILITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,266

Program Service Revenue $81,273

Investment Income $7

Other Revenue $0

TOTAL REVENUE $95,546

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $107,324

Other Expenses $137,884

TOTAL EXPENSES $137,884

Year-over-Year Comparison

	2023	2022	Change
Revenue	$95,546	$81,260	+0.2%
Expenses	$137,884	$119,100	+0.2%
Net Income	$-42,338	$-37,840	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REZA KHEIRANDISH	PRESIDENT	5.0	Officer Director	$0	$0	$0
HENRY JOHNSON	VICE PRESIDENT	5.0	Officer Director	$0	$0	$0
WESLEY LOPEZ	VICE PRESIDENT	5.0	Officer Director	$0	$0	$0
ALLYSON DOLAN	SECRETARY	5.0	Officer Director	$0	$0	$0
MIKALA GROSHONG	TREASURER	5.0	Officer Director	$0	$0	$0
SUSAN ELKINS	PAST-PRESIDENT	5.0	Officer Director	$0	$0	$0
PATRICK ENDICOTT	EXECUTIVE DIRECTOR	25	Officer Director	$0	$0	$0
AVINANDAN MUKHERJEE	DIRECTOR	3.0	Officer Director	$0	$0	$0
GEORGE GARNER	DIRECTOR	3.0	Director	$0	$0	$0
SANDI ZELJKO	DIRECTOR	3.0	Director	$0	$0	$0
HEIDI BATISTE	DIRECTOR	3.0	Director	$0	$0	$0
JOSHUA BEHL	DIRECTOR	3.0	Director	$0	$0	$0
ROBERT BELL	DIRECTOR	3.0	Director	$0	$0	$0
JAMES CALVIN	DIRECTOR	3.0	Director	$0	$0	$0
DESMOND COLLERAN	DIRECTOR	3	Director	$0	$0	$0
SARA KISER	DIRECTOR	3.0	Director	$0	$0	$0
DAVE LARSON	DIRECTOR	3.0	Director	$0	$0	$0
RASSULE HADIDI	DIRECTOR	3.0	Director	$0	$0	$0
GLEN MIDKIFF	DIRECTOR	3.0	Director	$0	$0	$0
KIMBERLY WHITT	DIRECTOR	3	Director	$0	$0	$0
SHELBY PERRY	DIRECTOR	3	Director	$0	$0	$0
JACKLYN PIERCE	DIRECTOR	3	Director	$0	$0	$0
ROY ROSSI	DIRECTOR	3	Director	$0	$0	$0
JORGE HERRERA	DIRECTOR	3	Director	$0	$0	$0
THOMAS PAYNE	DIRECTOR	3	Director	$0	$0	$0
COREY JOHNSON	DIRECTOR	3	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$95,546	$137,884	$94,985	$-42,338
2023	$81,260	$119,100	$137,323	$-37,840
2021	$46,003	$77,914	$219,989	$-31,911
2020	$85,570	$114,361	$251,900	$-28,791
2019	$73,486	$109,738	$280,691	$-36,252
2018	$107,109	$107,065	$316,943	$44

SOCIETY FOR ADVANCEMENT OF MANAGEMENT