philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Seg Advanced Modeling Coproratioon

Not tax-deductible

Tulsa, OK501(c)(6)Unclassified EIN 20-8685322Revenue $858K in FY2024Latest return filed Nov 13, 2025

On file with the IRSseg.org/seam/home125 W 15th St Ste 100, 74119-3801 · Tulsa, OKTax-exempt since Jul 2014

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Seg Advanced Modeling corporation (seam) is a not-for-profit research entity that hosts collaborative projects between sponsoring stakeholders to further geophysical research by industry and academia.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 9 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $49K a year · 10% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Cash reserves
21 mo
of spending, in cash
Looks good: 20.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$733K
62% of total assets
Fine: liabilities are 62% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$858K
+81% vs prior year
Spent
$561K
Net assets
$453K
By yearFY2020–FY2024
Revenue
$858K
FY2024▲ +81%
Tap a bar for its year
Revenue by fiscal year
FY2020$29K
FY2021$511K
FY2022$555K
FY2023$474K
FY2024$858K
Expenses
$561K
FY2024▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$146K
FY2021$544K
FY2022$954K
FY2023$464K
FY2024$561K
Net assets
$453K
FY2024▲ +187%
Tap a bar for its year
Net assets by fiscal year
FY2020$611K
FY2021$616K
FY2022$115K
FY2023$158K
FY2024$453K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Jim Hollis
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Mehmet Tanis
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Chengbo Li
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Werner Heigl
Director
$0Pt VII · Sec A
See Seg Advanced Modeling Coproratioon executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Facilitates collaborative geophysical research projects between industry and academia.

Questions for Seg Advanced Modeling Coproratioon

Tap to ask. Seg Advanced Modeling Coproratioon sees how many people are interested.

Your first name shows with your question. Seg Advanced Modeling Coproratioon answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2024
01

Seam completed activities related to the development of earth models and datasets to address high impact geophysical challenges.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$858K
Ln 12
Fees for servicesLn 2g$822K
Investment incomeLn 3$18K
Other incomeLn 4–11$17K
Money outPt IX
$561K
Ln 25
Owns and owesPt X
$453K
net assets · Ln 32
Cash and savingsLn 1–2$962K
Total assetsLn 16$1.2M
LiabilitiesLn 26$733K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$822K
Investment incomeLn 3$18K
Other incomeLn 4–11$17K
Gains on assetsLn 7$8K
Total revenueLn 12$858K
Assets in detailPt X, end of year
CashLn 1$592K
SavingsLn 2$370K
Cash and savings togetherLn 1–2$962K
InvestmentsLn 11–13$225K
Total assetsLn 16$1.2M
LiabilitiesLn 26$733K
Net assetsLn 32$453K
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$680K$962K
InvestmentsLn 11–13$201K$225K
Total assetsLn 16$1.0M$1.2M
LiabilitiesLn 26$883K$733K
Net assetsLn 32$158K$453K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$54K
Investment management feesLn 11f$2K
Other fees for servicesLn 11g$209K
TravelLn 17$798
Other expenses (24a–d)Ln 24$296K
Total functional expensesLn 25$561K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 13, 2025 $858K$561K$296K$453K 990 PDF
FY2023Filed with the IRS Nov 12, 2024 $474K$464K$10K$158K 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $555K$954K−$399K$115K 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $511K$544K−$34K$616K 990 PDF
FY2020Filed with the IRS Nov 9, 2021 $29K$146K−$117K$611K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $857,717 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $460,947$822,000
I-10 Investment incomePrior year $7,713$18,486
I-11 Other revenuePrior year $5,338$17,231
I-12 Total revenuePrior year $473,998$857,717
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $463,804$561,269
I-18 Total expensesPrior year $463,804$561,269
I-19 Revenue less expensesPrior year $10,194$296,448
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $857,717 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $822,000$822,000
VIII-3 Investment incomeExcluded from tax $10,534$10,534
VIII-7 Net gain or loss on sales of assetsExcluded from tax $7,952$7,952
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $17,231$17,231
VIII-12 Total revenueRelated to mission $839,231 · Unrelated business $0 · Excluded from tax $18,486$857,717
Part IX · Statement of functional expenses $561,269 across 5 lines filed
IX-11a Management fees$54,000
IX-11f Investment management fees$1,916
IX-11g Other fees for services$209,010
IX-17 Travel$798
IX-24 Other expenses (24a–d)$295,545
IX-25 Total functional expenses$561,269
Part X · Balance sheet $1,186,641 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $318,876$592,023
X-2 Savings and temporary cash investmentsStart of year $360,742$369,655
X-4 Accounts receivableStart of year $160,000$0
X-12 Other securitiesStart of year $201,349$224,963
X-16 Total assetsStart of year $1,040,967$1,186,641
X-17 Accounts payable and accrued expensesStart of year $76,783$16,250
X-19 Deferred revenueStart of year $789,133$607,133
X-25 Other liabilitiesStart of year $17,012$110,044
X-26 Total liabilitiesStart of year $882,928$733,427
X-27 Net assets without donor restrictionsStart of year $158,039$453,214
X-32 Total net assets or fund balancesStart of year $158,039$453,214
X-33 Total liabilities and net assetsStart of year $1,040,967$1,186,641
Part XI · Reconciliation of net assets $453,214 net assets at year end
XI-1 Total revenue$857,717
XI-2 Total expenses$561,269
XI-3 Revenue less expenses$296,448
XI-4 Net assets at start of year$158,039
XI-5 Net unrealized gains (losses) on investments−$1,273
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$453,214

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.