Society for Collegiate Travel & Expense Management
Nonprofit profile at a glance
- EIN
- 364828293
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Seattle, WA, USA
- Phone
- 2066859328
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $249,374
- Expenses
- $220,085
- Assets
- $97,469
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- LANEY ARMSTRONG (EDUCATION CO)
- TERESA ATHAN (EXECUTIVE DI)
- TOM BENES (SUPPLIER ENG)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Society for collegiate travel and expense management shall be recognized as the premier professional development and networking resource for academic administrators who have the following responsibilities: bid, negotiate, and manage travel-related contracts, process and administer expense reimbursements and travel-related supplier payments, protect institutional assets and enhance compliance with IRS, state board, and funding-source regulations through expense policy development and enforcement, mitigate travel-related risk, and harness software systems to improve the administrative infrastructure. Sctem shall also be the ideal forum for suppliers to shocase solutions that lead to lower costs, enhanced services, and streamlined efficiencies within the academic enterprise.
What it reported doing in 2024
The specific purpose of soceity for collegiate travel and expense management is educational. The main forum for the educational component of the organization will be an annual conference located in various cities throughout the united states of america.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program 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. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 54
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74%; rating input score 74
- Program expense ratio: 83.8%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 11.7%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -3.5% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: -2.5% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 74% of revenue deployed · 83.8% of spending went to programs
- Governance: 12 of 12 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $184K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Growth: Asset growth scored 0/100.