SOCIETY FOR TECHNICAL COMMUNICATION INC

EIN: 314424296 501(c)(3)

FAIRFAX, VA

Total Revenue
$1,146,949
Total Expenses
$1,213,534
Total Assets
$117,877
Net Assets
$-745,814
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NY
Principal Officer
TIM SHAW
Phone
7035524114
Tax Period
2023-01-01 to 2023-12-31

SOCIETY FOR TECHNICAL COMMUNICATION INC, founded in 1958, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2018. Revenue decreased 7% compared to the prior year.

Mission

THE SOCIETY FOR TECHNICAL COMMUNICATION (STC) IS AN INDIVIDUAL MEMBERSHIP ORGANIZATION DEDICATED TO ADVANCING THE ARTS AND SCIENCES OF TECHNICAL COMMUNICATION.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,127,516
Investment Income $10,703
Other Revenue $8,730
TOTAL REVENUE $1,146,949

Expense Breakdown

Grants Paid $0
Salaries & Benefits $215,536
Fundraising Expenses $0
Program Expenses $691,926
Other Expenses $997,998
TOTAL EXPENSES $1,213,534

Year-over-Year Comparison

2023 2022 Change
Revenue $1,146,949 $1,184,409 0.0%
Expenses $1,213,534 $1,451,111 -0.2%
Net Income $-66,585 $-266,702 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
125

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
7
$97,583
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LIZ HERMAN PRESIDENT 4.00
Officer Director
$0 $0 $0
TIMOTHY ESPOSITO IMMEDIATE PAST PRESIDENT 4.00
Officer Director
$0 $0 $0
DANIELLE VILLEGAS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ROBERTA WERNER TREASURER 2.00
Officer Director
$0 $0 $0
JACKIE DAMRAU SECRETARY 2.00
Officer Director
$0 $0 $0
GUISEPPE GETTO DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER GOODE DIRECTOR 2.00
Director
$0 $0 $0
MARYKAY GRUENEBERG DIRECTOR 2.00
Director
$0 $0 $0
AMANDA PATTERSON DIRECTOR 2.00
Director
$0 $0 $0
WENDY A ROSS DIRECTOR 2.00
Director
$0 $0 $0
JAMYE SAGAN DIRECTOR 2.00
Director
$0 $0 $0
TIMOTHY SHAW CHIEF EXECUTIVE OFFICER (FROM 5/23) 37.50
Officer
$38,365 $219 $38,584
ELIZABETH POHLAND CHIEF EXECUTIVE OFFICER (THRU 3/23) 37.50
Officer
$56,026 $2,973 $58,999
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
2023 $1,146,949 $1,213,534 $117,877 $-66,585
2022 $1,184,409 $1,451,111 $599,555 $-266,702
2021 $1,297,661 $1,287,960 $864,405 $9,701
2020 $1,173,060 $1,348,389 $621,970 $-175,329
2019 $1,754,405 $1,680,883 $714,869 $73,522
2018 $1,738,431 $1,890,036 $687,067 $-151,605
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