Society For Consumer Psychology
- Assets
- $1.1m
- Revenue
- $386.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 03/1989
- Data as of
- 12/2021
- EIN
- 36-3607499
Organization Overview
Society For Consumer Psychology is located in Fort Worth, TX. The organization was established in 1989. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Consumer Psychology 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 For Consumer Psychology generated $386.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $338.7k during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 FOR CONSUMER PSYCHOLOGY SHALL GROW AND ADVANCE CONSUMER PSYCHOLOGY AS A SCIENTIFIC DISCIPLINE THROUGH:THE SUPPORT OF INTELLECTUAL CONTRIBUTIONS TO CONSUMER PSYCHOLOGY-THE PROMOTION OF RESEARCH IN CONSUMER PSYCHOLOGY(CONTINUED ON SCHEDULE O, STATEMENT 1)
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES TO CONTRIBUTE KNOWLEDGE AND PRACTICES OF PSYCHOLOGY AS IT RELATES TO MARKETPLACE PHENOMENA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Yorkston Executive Officer | Officer | 10 | $44,043 |
Brent Mcferran Secretarytreasurer | Officer | 2 | $0 |
Gita Johar President Elect | Officer | 2 | $0 |
Geeta Menon President | Officer | 2 | $0 |
Patti Williams Past President | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,930 |
| Fundraising events | $34,167 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,097 |
| Total Program Service Revenue | $0 |
| Investment income | $4,315 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $317,206 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $246 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $386,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,043 |
| Compensation of current officers, directors, key employees. | $44,043 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $103,430 |
| Fees for services: Legal | $515 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,210 |
| Advertising and promotion | $7,929 |
| Office expenses | $4,988 |
| Information technology | $7,913 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,027 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,750 |
| Total functional expenses | $338,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,083 |
| Savings and temporary cash investments | $700,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $170,537 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,141,620 |
| Accounts payable and accrued expenses | $589 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $589 |
| Net assets without donor restrictions | $1,141,031 |
| Net assets with donor restrictions | $0 |
| 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 | $1,141,620 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society For Consumer Psychology has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Northwestern University Evanston, IL PURPOSE: Support of charitable community organization | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First3years Addison, TX | $1,553,439 | $915,769 |
Association Of Psychology Postdoctoral & Internship Ctrs Houston, TX | $3,580,888 | $1,308,477 |
The Ruth Institute Lake Charles, LA | $165,890 | $669,295 |
Texas Association Of Addiction Professionals Inc Lakeway, TX | $661,611 | $724,909 |
Academic Language Therapy Association Austin, TX | $971,602 | $702,710 |
Texas Psychological Association Houston, TX | $760,846 | $455,738 |
Alzheimers Texas Inc Austin, TX | $964,535 | $603,413 |
Texas Society Of Psychiatric Physicians Austin, TX | $196,533 | $282,941 |
Texas Occupational Therapy Association Inc Houston, TX | $720,062 | $409,922 |
Society For Consumer Psychology Fort Worth, TX | $1,141,620 | $386,864 |
Louisiana Association Of Substance Abuse Counselors & Trainers Baton Rouge, LA | $117,540 | $245,886 |
Louisiana Counseling Association Monroe, LA | $787,500 | $364,950 |