Southern Appalachian Botanical Society
- Assets
- $781.4k
- Revenue
- $78.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Boone, NC
- Founding
- 04/1990
- Data as of
- 12/2023
- EIN
- 58-1876613
Organization Overview
Southern Appalachian Botanical Society is located in Boone, NC. The organization was established in 1990. According to its NTEE Classification (C42) the organization is classified as: Garden Clubs, 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. Southern Appalachian Botanical Society 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 12/2023, Southern Appalachian Botanical Society generated $78.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $38.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 3 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SOUTHERN APPALACHIAN BOTANICAL SOCIETY IS TO PROMOTE THE STUDY OF BOTANY. THIS IS ACHIEVED THROUGH VARIOUS MEANS INCLUDING PUBLISHING A JOURNAL NAMED "CASTANEA," A NEWSLETTER CALLED "CHINQUAPIN," HOSTING AN ANNUAL CONFERENCE, AND PROVIDING AWARDS FOR BOTANICAL RESEARCH. THE SOCIETY FOCUSES ON THE BOTANY OF THE EASTERN UNITED STATES, FOSTERING BOTH PROFESSIONAL AND PUBLIC INTEREST IN PLANT BIOLOGY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISHED THE JOURNAL CASTANEA
THE ORGANIZATION PROVIDES SUPPORT TO STUDENTS TO ATTEND FIELD STATIONS, ATTEND CONFERENCES, AND AWARDS FOR SCIENTIFIC PRESENTATIONS
SABS WEBSITE IS USED TO DISSEMINATE INFORMATION AND PROVIDE ACCESS TO ONLINE CONTENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Bolin President | Officer | 4 | $0 |
Rebecca Cook Past President | Officer | 1 | $0 |
Matt Estep Treasurer | Officer | 10 | $0 |
Mac Alford Recording Secretary | Officer | 3 | $0 |
Jessica Budke Membership Coordinator | Officer | 4 | $0 |
Chris Randle Editor Of Castanea | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,925 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,025 |
| Total Program Service Revenue | $0 |
| Investment income | $30,114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $33,663 |
| 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 | $78,802 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,999 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $411 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $85 |
| Information technology | $5,336 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,359 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,843 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $11,702 |
| Total functional expenses | $38,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,560 |
| Savings and temporary cash investments | $129,659 |
| 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 | $645,196 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $781,415 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $136,219 |
| Net assets with donor restrictions | $645,196 |
| 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 | $781,415 |