Association For The Sciences Of Limnology And Oceanography Inc
- Assets
- $7.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Waco, TX
- Founding
- 07/1960
- Data as of
- 12/2021
- EIN
- 38-1710020
Organization Overview
Association For The Sciences Of Limnology And Oceanography Inc is located in Waco, TX. The organization was established in 1960. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Association For The Sciences Of Limnology And Oceanography Inc employed 3 individuals. This organization is the central organization for a national or regional group of organizations. Association For The Sciences Of Limnology And Oceanography Inc 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, Association For The Sciences Of Limnology And Oceanography Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $889.7k during the year ending 12/2021. 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 PREPARES THE NEXT GENERATION OF A DIVERSE, INTERNATIONAL SCIENTIFIC WORKFORCE THROUGH INTERNSHIPS, FELLOWSHIPS, TRAVEL GRANTS, AND TARGETED WORKSHOPS ON TOPICS SUCH AS PUBLISHING, COMMUNICATION AND RESEARCH COLLABORATION. THE SOCIETY PROVIDES SMALL, COMPETITIVE GRANTS TO MEMBERS TO CONDUCT EDUCATIONAL OUTREACH PROGRAMS THROUGHOUT THE WORLD TO IMPROVE KNOWLEDGE OF AQUATIC SYSTEMS WITH AN EMPHASIS ON UNDERSERVED REGIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIETY PUBLISHES JOURNALS CONTAINING INFORMATION AND ARTICLES RELATING TO THE STUDY OF OCEANS AND FRESH WATER.
THE SOCIETY SPONSORS VARIOUS MEETINGS WHERE SCHOLARS AND STUDENTS CAN PRESENT RESEARCH PROJECTS AND ARTICLES FOR CONSIDERATION IN THE SOCIETY JOURNAL. THE SOCIETY ALSO MAINTAINS A JOB BOARD FOR MEMBERS OF ASLO TO SHARE INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa L Curto Executive Director | Officer | 40 | $206,277 |
Roxanne Maranger President | OfficerTrustee | 8 | $0 |
Dianne Greenfield Secretary | OfficerTrustee | 5 | $0 |
Patricia Glibert President-Elect | OfficerTrustee | 5 | $0 |
Phillip Taylor Treasurer | OfficerTrustee | 8 | $0 |
Mike Pace Immediate Past-President | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Schneider Group Management | 12/30/21 | $411,981 |
Openwater Software Inc It Services | 12/30/21 | $250,331 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $169,540 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $88,644 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $258,184 |
| Total Program Service Revenue | $828,438 |
| Investment income | $409,086 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $172,113 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,667,821 |
| 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 | $2,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $206,277 |
| Compensation of current officers, directors, key employees. | $206,277 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,318 |
| Pension plan accruals and contributions | $30,395 |
| Other employee benefits | $51,097 |
| Payroll taxes | $17,764 |
| Fees for services: Management | $206,935 |
| Fees for services: Legal | $7,935 |
| Fees for services: Accounting | $21,095 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $42,648 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,428 |
| Travel | $3,303 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,679 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,006 |
| All other expenses | $30,696 |
| Total functional expenses | $889,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $684,216 |
| 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 | $560,137 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,812,866 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,057,219 |
| Accounts payable and accrued expenses | $40,456 |
| Grants payable | $0 |
| Deferred revenue | $624,106 |
| 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 | $30,221 |
| Total liabilities | $694,783 |
| Net assets without donor restrictions | $6,187,351 |
| Net assets with donor restrictions | $175,085 |
| 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 | $7,057,219 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Association For The Sciences Of Limnology And Oceanography Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Gordon E And Betty I Moore Foundation Palo Alto, CA PURPOSE: IN SUPPORT OF DIVERSITY, EQUITY, INCLUSION, AND JUSTICE (DEIJ) ACTIVITIES AND THE OCEAN SCIENCES MEETING 2022 TO BE HELD ON FEBRUARY 27-MARCH 4, 2022 IN HONOLULU, HI. | $20,000 |
Endowment Analysis
| Beg. Balance | $124,541 |
| Earnings | $11,924 |
| Net Contributions | $38,620 |
| Ending Balance | $175,085 |
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