Slc Sem INC FY2020 filing

Draper, UTUnknown exempt organizationEIN 45-3530116

The goal of the organization is to raise awareness, educate and create a network for internet marketing professionals and interested parties.

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Cash reserves
75 mo
of spending, in cash
Looks good: 75.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$40K
Spent
$40K
Net assets
$253K
By yearFY2020–FY2021
Revenue
$40K
FY2020
Revenue by fiscal year
FY2020$40K
FY2021$25K
Net assets
$253K
FY2020
Net assets by fiscal year
FY2020$253K
FY2021$191K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Is it real?

Yes. Exemption reinstated (2016-05-15). Per the IRS revocation list. Latest filing on record: FY2021.

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

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Slc Sem INC executive salaries →

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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

Connects internet marketing professionals and interested parties through education and awareness.

Provided by the organization

This section is blank until Slc Sem INC claims this page.

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1 program service, described in the organization's own filed words · FY2020.
01

The goal of the organization is to raise awareness, educate and create a network for internet marketing professionals and interested parties.

Pt IX · col B

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$40K
Ln 12
Gifts and grantsLn 1h$31K
Fees for servicesLn 2g$8K
Investment incomeLn 3$362
Money outPt IX
$40K
Ln 25
Owns and owesPt X
$253K
net assets · Ln 32
Cash and savingsLn 1–2$253K
Total assetsLn 16$253K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$31K
Fees for servicesLn 2g$8K
Investment incomeLn 3$362
Total revenueLn 12$40K
Assets in detailPt X, end of year
CashLn 1$253K
Cash and savings togetherLn 1–2$253K
Total assetsLn 16$253K
LiabilitiesLn 26$0
Net assetsLn 32$253K
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$251K$253K
Total assetsLn 16$251K$253K
LiabilitiesLn 26$0$0
Net assetsLn 32$251K$253K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$1K
Advertising and promotionLn 12$94
Office expensesLn 13$10K
Conferences, conventions and meetingsLn 19$375
Other expenses (24a–d)Ln 24$29K
Total functional expensesLn 25$40K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest $25K$191K 990 PDF
FY2020 Viewing $40K$40K−$595$253K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $39,813 across 5 lines filed
VIII-1b Membership dues$30,968
VIII-1h Total contributions, gifts and grants$30,968
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,483$8,483
VIII-3 Investment incomeExcluded from tax $362$362
VIII-12 Total revenueRelated to mission $8,483 · Unrelated business $0 · Excluded from tax $362$39,813
Part IX · Statement of functional expenses $40,408 across 5 lines filed
IX-11c Accounting fees$1,425
IX-12 Advertising and promotion$94
IX-13 Office expenses$9,815
IX-19 Conferences, conventions and meetings$375
IX-24 Other expenses (24a–d)$28,699
IX-25 Total functional expenses$40,408
Part X · Balance sheet $252,640 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $250,943$252,640
X-16 Total assetsStart of year $250,943$252,640
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $250,943$252,640
X-32 Total net assets or fund balancesStart of year $250,943$252,640
X-33 Total liabilities and net assetsStart of year $250,943$252,640
Part XI · Reconciliation of net assets $252,640 net assets at year end
XI-1 Total revenue$39,813
XI-2 Total expenses$40,408
XI-3 Revenue less expenses−$595
XI-4 Net assets at start of year$250,943
XI-8 Prior period adjustments$2,292
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$252,640

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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