Society Of Wetland Scientists Inc
- Assets
- $2.3m
- Revenue
- $578.2k
- Investments
- $0.0
- Employees
- 0
- Location
- McLean, VA
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 48-1146960
Organization Overview
Society Of Wetland Scientists Inc is located in McLean, VA. The organization was established in 1994. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Wetland Scientists 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, Society Of Wetland Scientists Inc generated $578.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $425.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) 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
TO PROMOTE BEST PRACTICES IN WETLAND RESEARCH, EDUCATION, CONSERVATION, PRESERVATION, RESTORATION, AND MANAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY HOSTED THE SWS ANNUAL BUSINESS MEETING IN 2021 ALONG WITH A VIRTUAL MEETING. THE MEETING FOSTERED THE LEARNING OF SCIENTIFIC ADVANCES IN THE FIELD OF WETLAND SCIENCE AND THE SHARING OF RESEARCH RESULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Noe President | OfficerTrustee | 2 | $0 |
William Kleindl Vice President | OfficerTrustee | 2 | $0 |
Leandra Cleveland Secretary | OfficerTrustee | 2 | $0 |
Lori Sutter Treasurer | OfficerTrustee | 2 | $0 |
Loretta Battaglia Past President | OfficerTrustee | 2 | $0 |
Xianguo Lyu Chapter President | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amped Association Management Association Management | 12/30/21 | $178,617 |
Mci Usa Association Management | 12/30/21 | $104,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,065 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,965 |
| Total Program Service Revenue | $493,012 |
| Investment income | $33,096 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,107 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $578,180 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $14,751 |
| Grants and other assistance to Foreign Orgs/Individuals | $250 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $282,617 |
| Fees for services: Legal | $3,518 |
| Fees for services: Accounting | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $493 |
| Advertising and promotion | $0 |
| Office expenses | $19,258 |
| Information technology | $13,576 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $750 |
| Conferences, conventions, and meetings | $44,607 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,956 |
| All other expenses | $0 |
| Total functional expenses | $425,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $341,376 |
| Savings and temporary cash investments | $226,044 |
| 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 | $9,651 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,690,009 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,267,080 |
| Accounts payable and accrued expenses | $75,736 |
| Grants payable | $0 |
| Deferred revenue | $23,276 |
| 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 | $99,012 |
| Net assets without donor restrictions | $1,883,966 |
| Net assets with donor restrictions | $284,102 |
| 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 | $2,267,080 |
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