Society Of American Business Editors And Writers
- Assets
- $773.6k
- Revenue
- $444.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Phoenix, AZ
- Founding
- 06/1993
- Data as of
- 12/2021
- EIN
- 36-3297751
Organization Overview
Society Of American Business Editors And Writers is located in Phoenix, AZ. The organization was established in 1993. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Society Of American Business Editors And Writers employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of American Business Editors And Writers is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Society Of American Business Editors And Writers generated $444.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $374.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETY OF AMERICAN BUSINESS EDITORS AND WRITERS (SABEW) ENCOURAGES COMPREHENSIVE REPORTING OF ECONOMIC EVENTS WITHOUT FEAR OR FAVORITISM AND TO INCREASE MEMBERS' SKILLS AND KNOWLEDGE THROUGH CONTINUOUS EDUCATION EFFORTS. SABEW SUPPORTS ETHICS AND EXCELLENCE IN BUSINESS JOURNALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERS OF SABEW BAND TOGETHER IN THE INDIVIDUAL AND COLLECTIVE PURSUIT OF THE HIGHEST STANDARDS OF ECONOMIC JOURNALISM. THE ORGANIZATION RECOGNIZES THAT ECONOMIC FREEDOM IS INEXTRICABLY LINKED TO POLITICAL FREEDOM AND THAT AN INFORMED CITIZENRY CAN ENSURE THESE FREEDOMS ARE SUSTAINED. IT IS SABEW'S MISSION AS AN INDEPENDENT, NON-PROFIT ORGANIZATION TO ENCOURAGE COMPREHENSIVE REPORTING OF ECONOMIC EVENTS WITHOUT FEAR OR FAVORITISM AND TO INCREASE MEMBERS' SKILLS AND KNOWLEDGE THROUGH CONTINUOUS EDUCATION. SABEW RECENTLY HAS BECOME MORE FOCUSED ON PRESS FREEDOM. TO THAT END, IT HAS ISSUED STATEMENTS AND CREATED EVENTS AND TRAINING HIGHLIGHTING THE IMPORTANCE OF JOURNALISM, INCLUDING THE PRINCIPLE THAT FACT-BASED REPORTING IS NECESSARY FOR THE HEALTH OF ROBUST DEMOCRACIES. SABEW ADVOCATES FOR FULL ACCESS TO FINANCIAL AND ECONOMIC DATA, INCLUDING INFORMATION COLLECTED AND DISTRIBUTED BY GOVERNMENTS. SABEW ALSO HOLDS AN ANNUAL BEST IN BUSINESS AWARDS COMPETITION, RECOGNIZING OUTSTANDING JOURNALISM CONDUCTED IN THE U.S. AND ABROAD AMONG PROFESSIONALS AND STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Graham Executive Di | Officer | 40 | $124,226 |
Glenn Hall Secretary/tr | OfficerTrustee | 5 | $0 |
Heather Long Vice Preside | OfficerTrustee | 5 | $0 |
Caleb Silver President | OfficerTrustee | 5 | $0 |
Cesca Antonelli Director | Trustee | 5 | $0 |
Rich Barbieri Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $34,901 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $387,694 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $422,595 |
| Total Program Service Revenue | $20,581 |
| Investment income | $1,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $444,925 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,000 |
| Grants and other assistance to domestic individuals. | $3,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $194,168 |
| Pension plan accruals and contributions | $8,316 |
| Other employee benefits | $0 |
| Payroll taxes | $15,749 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,853 |
| Fees for services: Accounting | $37,746 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,546 |
| Advertising and promotion | $0 |
| Office expenses | $24,819 |
| Information technology | $6,769 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,981 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $648 |
| Interest | $4,186 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,850 |
| Insurance | $24,468 |
| All other expenses | $0 |
| Total functional expenses | $374,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $419,281 |
| Savings and temporary cash investments | $165,646 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,825 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,773 |
| Net Land, buildings, and equipment | $3,533 |
| Investments—publicly traded securities | $160,559 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $773,617 |
| Accounts payable and accrued expenses | $33,059 |
| Grants payable | $0 |
| Deferred revenue | $64,938 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $149,999 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $247,996 |
| Net assets without donor restrictions | $444,658 |
| Net assets with donor restrictions | $80,963 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $773,617 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Society Of American Business Editors And Writers has recieved totaling $75,681.
| Awarding Organization | Amount |
|---|---|
Commonwealth Fund New York, NY PURPOSE: HEALTH CARE REPORTING PROJECT FOR BUSINESS JOURNALISTS | $48,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $15,030 |
Commonwealth Fund New York, NY PURPOSE: HEALTH CARE REPORTING PROJECT FOR BUSINESS JOURNALISTS | $12,651 |
Endowment Analysis
| Beg. Balance | $146,541 |
| Admin Expense | $7,900 |
| Net Contributions | $72,000 |
| Other Expense | $43,648 |
| Ending Balance | $166,993 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jserra Catholic High School San Juan Capistrano, CA | $110,381,982 | $32,636,304 |
The Society For The Promotion Of Japanese Animation Santa Ana, CA | $0 | $15,922,386 |
Arvada Center For The Arts And Humanities Arvada, CO | $4,050,578 | $14,173,425 |
Haven Gallery Pomona, CA | $12,441,851 | $10,866,207 |
Yerba Buena Center For The Arts San Francisco, CA | $31,419,770 | $23,544,531 |
Festival Of Arts Of Laguna Beach Laguna Beach, CA | $11,626,110 | $10,814,120 |
Wallis Annenberg Center For The Performing Arts Beverly Hills, CA | $86,738,826 | $10,256,946 |
Immigration Institute Of The Bay Area San Francisco, CA | $7,526,224 | $6,922,510 |
Montalvo Association Saratoga, CA | $34,273,816 | $7,481,073 |
First Step Housing Sacramento, CA | $1,058,195 | $4,450,714 |
The Center For Cultural Innovation Los Angeles, CA | $15,572,704 | $5,971,325 |
Alliance For California Traditional Arts Fresno, CA | $2,645,027 | $4,730,784 |