Society for Advancement of Management
Nonprofit profile at a glance
- EIN
- 133179394
- IRS 990 coverage
- 2010–2023
- Forms available
- Form 990 2023
- Location
- Orlando, FL, USA
- Phone
- 4072790890
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $95,546
- Expenses
- $137,884
- Assets
- $94,985
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- REZA KHEIRANDISH (PRESIDENT)
- HENRY JOHNSON (VICE PRESIDENT)
- WESLEY LOPEZ (VICE PRESIDENT)
- SUSAN ELKINS (PAST-PRESIDENT)
- PATRICK ENDICOTT (EXECUTIVE DIRECTOR)
People named in this filing
- REZA KHEIRANDISH (PRESIDENT)
- HENRY JOHNSON (VICE PRESIDENT)
- WESLEY LOPEZ (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
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.
What it reported doing in 2023
Publications & training: the society publishes the sam advanced management journal. A quarterly-published, refereed journal that provides practical managerial research for the academic and practitioner communities. The society also provides for educational training and development of management professionals and students. It also generates a podcast for the general good of the management community
Operating model
- Revenue model
- Other-operating. 85% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 81
- Accountability: 88
- Sustainability: 36
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 77.8%; rating input score 78
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -44.3%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.69; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -5.1% per year; rating input score 0; 38th percentile among comparable filings
- Revenue growth: -8.9% per year; rating input score 0; 36th percentile among comparable filings
- Asset growth: -11.6% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 77.8% of spending went to programs
- Governance: 28 of 28 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $107K in reported program spending
- Leadership: top reported pay $0 · 26 people listed
- Consistency: 39 of 40 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2010 to 2023
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 33/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.