Shock Society FY2022 filing

Tax-deductible

Rockville, MD501(c)(3)Human ServicesEIN 58-1346873Revenue $760K in FY2022

On file with the IRSshocksociety.org1300 Piccard Drive Ll 14, 20850-4303 · Rockville, MDTax-exempt since Apr 2020Publicly supported — 509(a)(2)

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To improve the care of victims of trauma, Shock, and sepsis.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
3 of 5
filings with a surplus
Average surplus $106K a year · 14% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
16 mo
of spending, in cash
Looks good: 15.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$48K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$760K
+22% vs prior year
Spent
$895K
To programs
74%
Net assets
$1.8M
By yearFY2020–FY2024
Revenue
$760K
FY2022▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$519K
FY2021$623K
FY2022$760K
FY2023$1.2M
FY2024$703K
Expenses
$895K
FY2022▲ +139%
Tap a bar for its year
Expenses by fiscal year
FY2020$421K
FY2021$375K
FY2022$895K
FY2023$723K
FY2024$845K
Net assets
$1.8M
FY2022▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$2.1M
FY2022$1.8M
FY2023$2.3M
FY2024$2.0M

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2018-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Apr 2020.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $660K Management & general 26% · $235K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
President Elect
$0Pt VII · Sec A
Secretary& Councilor
$0Pt VII · Sec A
Treasurer & Councilor
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
See Shock Society 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

Improves care for victims of trauma, shock, and sepsis.

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Provided by the organization

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3 programs · $660K · in their own filed words · FY2022
01

Awards and Grants

The sock society provides a large number of travel awards to offset costs for trainees and students to travel to and attend the annual meeting. These awards are based on quality of abstract submissions as determined by the awards committee. We also have seperate awards for under-presented minority applicants to attend the meeting.

$231Kprogram expense
02

Annual Meeting

Scientific conference for presentation, education, and dissemination of information related to shock, trauma, burns, and sepsis. Abstracts of research work are submitted by members and non-members. The awards committee reviews abstracts to determine those that are accepted for oral and poster presentation.

$227Kprogram expense
03

Journal

The shock journal is run by DR. Daniel remick, the editor-in-chief, and is one of the premier scientific journals for publication of shock, trauma, burns, sepsis, and resuscitation research.

$202Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $642K · 2020–2024
Unitemized GrantFY2024$162,125
Unitemized GrantFY2023$141,616
Unitemized GrantFY2022$218,072
Unitemized GrantFY2021$41,000
Unitemized GrantFY2020$79,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$760K
Ln 12
Fees for servicesLn 2g$410K
Other incomeLn 4–11$309K
Investment incomeLn 3$39K
Money outPt IX
$895K
Ln 25
Programscol B$660K
Managementcol C$235K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.9M
LiabilitiesLn 26$48K
PeoplePt VI, VII
19
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Fees for servicesLn 2g$410K
Investment incomeLn 3$39K
Other incomeLn 4–11$309K
Gains on assetsLn 7$25K
Total revenueLn 12$760K
Assets in detailPt X, end of year
CashLn 1$1.2M
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$706K
Total assetsLn 16$1.9M
LiabilitiesLn 26$48K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
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 FY22End FY22
Cash and savingsLn 1–2$1.2M$1.2M
InvestmentsLn 11–13$764K$706K
Total assetsLn 16$2.1M$1.9M
LiabilitiesLn 26$24K$48K
Net assetsLn 32$2.1M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$218K$218K
Management feesLn 11a$131K$131K
Legal feesLn 11b$180$180
Accounting feesLn 11c$5K$5K
Advertising and promotionLn 12$290$290
Office expensesLn 13$87K$87K
Information technologyLn 14$5K$5K
TravelLn 17$6K$6K
Conferences, conventions and meetingsLn 19$222K$222K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$215K$215K
Total functional expensesLn 25$895K$660K$235K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $703K$845K−$141K$2.0M 990 PDF
FY2023 $1.2M$723K$462K$2.3M 990 PDF
FY2022 Viewing $760K$895K−$135K$1.8M 990 PDF
FY2021 $623K$375K$248K$2.1M 990 PDF
FY2020 $519K$421K$98K$1.8M 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 FY2022 990 (6 parts)
Part I · Summary $760,110 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,445$1,900
I-9 Program service revenuePrior year $256,703$409,760
I-10 Investment incomePrior year $62,658$38,964
I-11 Other revenuePrior year $298,993$309,486
I-12 Total revenuePrior year $622,799$760,110
I-13 Grants and similar amounts paidPrior year $41,000$218,072
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 $334,082$676,919
I-18 Total expensesPrior year $375,082$894,991
I-19 Revenue less expensesPrior year $247,717−$134,881
Part VI · Governance 17 of 17 board members independent, 4 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $760,110 across 7 lines filed
VIII-1f All other contributions, gifts and grants$1,900
VIII-1h Total contributions, gifts and grants$1,900
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $409,760$409,760
VIII-3 Investment incomeExcluded from tax $14,305$14,305
VIII-5 RoyaltiesExcluded from tax $309,486$309,486
VIII-7 Net gain or loss on sales of assetsExcluded from tax $24,659$24,659
VIII-12 Total revenueRelated to mission $409,760 · Unrelated business $0 · Excluded from tax $348,450$760,110
Part IX · Statement of functional expenses $894,991 across 11 lines filed
IX-2 Grants to domestic individualsPrograms $218,072$218,072
IX-11a Management feesManagement $130,855$130,855
IX-11b Legal feesManagement $180$180
IX-11c Accounting feesManagement $4,820$4,820
IX-12 Advertising and promotionManagement $290$290
IX-13 Office expensesManagement $87,053$87,053
IX-14 Information technologyManagement $5,102$5,102
IX-17 TravelPrograms $5,579$5,579
IX-19 Conferences, conventions and meetingsPrograms $221,910$221,910
IX-23 InsuranceManagement $6,498$6,498
IX-24 Other expenses (24a–d)Programs $214,632$214,632
IX-25 Total functional expensesPrograms $660,193 · Management $234,798 · Fundraising $0$894,991
Part X · Balance sheet $1,888,932 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $1,248,869$1,169,119
X-9 Prepaid expenses and deferred chargesStart of year $68,181$13,867
X-12 Other securitiesStart of year $764,050$705,946
X-16 Total assetsStart of year $2,081,100$1,888,932
X-17 Accounts payable and accrued expensesStart of year $1,522$48,146
X-19 Deferred revenueStart of year $22,205$0
X-26 Total liabilitiesStart of year $23,727$48,146
X-27 Net assets without donor restrictionsStart of year $2,057,373$1,840,786
X-32 Total net assets or fund balancesStart of year $2,057,373$1,840,786
X-33 Total liabilities and net assetsStart of year $2,081,100$1,888,932
Part XI · Reconciliation of net assets $1,840,786 net assets at year end
XI-1 Total revenue$760,110
XI-2 Total expenses$894,991
XI-3 Revenue less expenses−$134,881
XI-4 Net assets at start of year$2,057,373
XI-5 Net unrealized gains (losses) on investments−$81,706
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,840,786

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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