The Sourcing and Procurement Organization Inc
Nonprofit profile at a glance
- EIN
- 474465682
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Houston, TX, USA
- Phone
- 8324189600
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $183,136
- Expenses
- $197,334
- Assets
- $1,052
- Liabilities
- $3,224
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- VICTOR B WAYHAN (EXECUTIVE DI)
- TOHFE B BEIDAS (EXECUTIVE DI)
- LEANDRA TAYLOR (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The sourcing and procurement organization, inc. Is the student organization for supply chain management at the university of houston c.t. Bauer college of business. Since 2008, the organization has been dedicated to producing the most professional and knowledgeable sourcing and procurement students. The sourcing and procurement organization, inc.'s mission is to provide its members with the resources to become professionals at major corporations through career oportunities, business networking, industry knowledge, professional development.
What it reported doing in 2024
Student educational enrichment opportunities
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 17
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -7.8%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 3.06; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 16.7% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 13.8% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: -20.1% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $197K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2017 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 — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.