Society Of Research Administrators Inc
- Assets
- $8.1m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Arlington, VA
- Founding
- 01/2004
- Data as of
- 09/2023
- EIN
- 95-2934250
Organization Overview
Society Of Research Administrators Inc is located in Arlington, VA. The organization was established in 2004. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 09/2023, Society Of Research Administrators Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Research Administrators 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 09/2023, Society Of Research Administrators Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $3.2m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
ANNUAL MEETING: THE SOCIETY HOLDS ONE ANNUAL CONFERENCE FOR RESEARCH ADMINISTRATORS EACH YEAR. THE ANNUAL CONFERENCE OFFERS 5 DAYS OF EDUCATIONAL PROGRAMS, PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES.
EDUCATION AND PROFESSIONAL DEVELOPMENT: IN ADDITION TO THE ANNUAL MEETING, REGIONAL AND LOCAL MEETINGS, THE SOCIETY HOLDS A NUMBER OF EDUCATIONAL PROGRAMS AND WEBINARS FOR THE GENERAL BENEFIT OF MEMBERS. THESE PROGRAMS INCLUDE A BASICS OF RESEARCH ADMINISTRATION COURSE, PRE-AWARD, POST-AWARD AND LEADERSHIP INTENSIVE TRAININGS.VIRTUAL CONFERENCES: IN ADDITION TO REGIONAL MEETINGS SRAI VIRTUAL CONFERENCES OFFER AN INSPIRING CURRICULUM TO TACKLE THE CURRENT AND FUTURE CHALLENGES AND RESPONSIBILITIES FACING RESEARCH ADMINISTRATION PROFESSIONALS. THE PROGRAMS ARE DESIGNED FOR MEMBERS TO BUILD THEIR OWN AGENDA AND WITH THE FLEXIBILITY TO TAKE BREAKS BETWEEN VIRTUAL SESSIONS.
MEMBERSHIP: SRAI MEMBERS ENJOY EXCLUSIVE ACCESS TO A COMMUNITY OF PEERS AS WELL AS EXPERTS IN THE FIELD, AND DISCOUNTS ON EDUCATIONAL PROGRAMMING, CAREER RESOURCES AND CONFERENCES. MEMBER BENEFITS ALSO INCLUDE MONTHLY VIRTUAL COFFEE TALKS, A ROBUST ONLINE CONNECT COMMUNITY, ACCESS TO AWARDS AND RECOGNITION PROGRAMS, AND MENTORING AND VOLUNTEERING OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Schaller-Demers Pres. (until 11/22) (see Sch. O) | OfficerTrustee | 2 | $3,000 |
Dominic Esposito Treasurer (see Sch O) | OfficerTrustee | 3 | $3,000 |
Kim C Carter Past President (see Sch O) | OfficerTrustee | 1 | $2,000 |
Andrea Deaton Board Member (see Sch O) | Trustee | 1 | $2,000 |
Kevin Titus Board Member (see Sch O) | Trustee | 1 | $1,000 |
Gloria Greene President (from 11/22) | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Live Nation Annual Meeting Reception | 9/29/20 | $178,395 |
Hilton San Francisco Conference Hosting | 9/29/20 | $547,211 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $132,559 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,670 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,229 |
| Total Program Service Revenue | $3,969,890 |
| Investment income | $58,057 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $335 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$13,560 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,224,382 |
| 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. | $532,342 |
| Compensation of current officers, directors, key employees. | $256,152 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $449,924 |
| Pension plan accruals and contributions | $40,593 |
| Other employee benefits | $130,239 |
| Payroll taxes | $65,276 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $112,611 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $37,938 |
| Fees for services: Other | $144,821 |
| Advertising and promotion | $27,524 |
| Office expenses | $94,654 |
| Information technology | $129,673 |
| Royalties | $0 |
| Occupancy | $145,932 |
| Travel | $71,915 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $833,787 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,609 |
| Insurance | $23,042 |
| All other expenses | $2,457 |
| Total functional expenses | $3,186,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,972,542 |
| Savings and temporary cash investments | $1,891,383 |
| Pledges and grants receivable | $44,883 |
| Accounts receivable, net | $51,564 |
| 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 | $351,453 |
| Net Land, buildings, and equipment | $105,375 |
| Investments—publicly traded securities | $3,288,436 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $410,749 |
| Total assets | $8,116,385 |
| Accounts payable and accrued expenses | $143,909 |
| Grants payable | $0 |
| Deferred revenue | $2,246,050 |
| 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 | $453,273 |
| Total liabilities | $2,843,232 |
| Net assets without donor restrictions | $5,273,153 |
| 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 | $8,116,385 |