Society for Education in Anesthesia

Tax-deductible

Milwaukee, WI501(c)(3)Diseases & DisordersEIN 91-1237012Revenue $454K in FY2024

On file with the IRSseahq.org6737 W Washington St Ste 4210, 53214-5636 · Milwaukee, WITax-exempt since Dec 1985Publicly supported — 509(a)(2)

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The mission of the Society for Education in Anesthesia is to support, enrich, and advance Anesthesia Education to students and teachers in the Anesthesia field, with focused values of collaboration, inclusive community, innovation, and fostering Education scholarship.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 177 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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 deficit $733 a year · under 1% 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
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
13 mo
of spending, in cash
Looks good: 13.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$188K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$454K
+29% vs prior year
Spent
$451K
To programs
85%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$454K
FY2024▲ +29%
Tap a bar for its year
Revenue by fiscal year
FY2020$186K
FY2021$232K
FY2022$291K
FY2023$351K
FY2024$454K
Expenses
$451K
FY2024▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$175K
FY2021$162K
FY2022$323K
FY2023$407K
FY2024$451K
Net assets
$1.2M
FY2024▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.1M
FY2023$1.1M
FY2024$1.2M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1985.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $384K Management & general 11% · $48K Fundraising 4% · $19K

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

15 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Past President (thru Nov 2024)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Melissa Davidson MD’s $1K as Director (thru Nov 2023) is at the 0th percentile of top reported officer pay among 902 $100K–1M diseases & disorders nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2020
Melissa Davidson MD$1,000$1,000$1,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Advances anesthesia education for students and teachers through collaboration and innovation.

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Provided by the organization

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3 programs · $384K · in their own filed words · FY2024
01

The society for education in anesthesia provides a forum for discussion of matters relating to education in anesthesia. Three meetings are held annually: workshop on teaching, spring meeting, and fall meeting.

$362Kprogram expense
02

The society for education in anesthesia publishes an electronic, peer-reviewed journal, "journal of education in perioperative medicine." articles are focused on anesthesiology education. The journal is published to pubmed central, an archive of the U.S. National institutes of health's national library of medicine.

$12Kprogram expense
03

The society for education in anesthesia provides a $10,000 education research starter grant, titled "sead grant," open to members of the society. The purpose of the grant is to inspire and assist aspiring faculty who have no previous funding to start an educational research project.

$10Kprogram 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 · 8 grants · $54K · 2020–2024
Unitemized GrantFY2022$5,000
Unitemized GrantFY2022$2,000
Unitemized GrantFY2021$5,000
Unitemized GrantFY2021$2,000
University of RochesterFY2020$10,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$454K
Ln 12
Fees for servicesLn 2g$405K
Investment incomeLn 3$36K
Gifts and grantsLn 1h$12K
Money outPt IX
$451K
Ln 25
Programscol B$384K
Managementcol C$48K
Fundraisingcol D$19K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$503K
Total assetsLn 16$1.4M
LiabilitiesLn 26$188K
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12K
Fees for servicesLn 2g$405K
Investment incomeLn 3$36K
Other incomeLn 4–11$461
Total revenueLn 12$454K
Assets in detailPt X, end of year
CashLn 1$175K
SavingsLn 2$328K
Cash and savings togetherLn 1–2$503K
InvestmentsLn 11–13$887K
Total assetsLn 16$1.4M
LiabilitiesLn 26$188K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6177
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$430K$503K
InvestmentsLn 11–13$751K$887K
Total assetsLn 16$1.3M$1.4M
LiabilitiesLn 26$160K$188K
Net assetsLn 32$1.1M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$17K$17K
Grants to domestic individualsLn 2$3K$3K
Management feesLn 11a$69K$36K$18K$15K
Legal feesLn 11b$404$404
Accounting feesLn 11c$6K$6K
Office expensesLn 13$29K$9K$17K$4K
Information technologyLn 14$7K$2K$4K$847
TravelLn 17$5K$5K
Conferences, conventions and meetingsLn 19$312K$312K
InsuranceLn 23$3K$3K
All other expensesLn 24e$264$264
Total functional expensesLn 25$451K$384K$48K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $454K$451K$3K$1.2M 990 PDF
FY2023 $351K$407K−$56K$1.1M 990 PDF
FY2022 $291K$323K−$31K$1.1M 990 PDF
FY2021 $232K$162K$70K$1.2M 990 PDF
FY2020 $186K$175K$11K$1.1M 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 FY2024 990 (6 parts)
Part I · Summary $454,432 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $14,349$12,300
I-9 Program service revenuePrior year $311,811$405,425
I-10 Investment incomePrior year $23,980$36,246
I-11 Other revenuePrior year $800$461
I-12 Total revenuePrior year $350,940$454,432
I-13 Grants and similar amounts paidPrior year $20,000$20,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,000$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $386,332$431,029
I-18 Total expensesPrior year $407,332$451,029
I-19 Revenue less expensesPrior year −$56,392$3,403
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
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 $454,432 across 5 lines filed
Lines not itemized here account for $461 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$12,300
VIII-1h Total contributions, gifts and grants$12,300
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $405,425$405,425
VIII-3 Investment incomeExcluded from tax $36,246$36,246
VIII-12 Total revenueRelated to mission $405,425 · Unrelated business $0 · Excluded from tax $36,707$454,432
Part IX · Statement of functional expenses $451,029 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $17,000$17,000
IX-2 Grants to domestic individualsPrograms $3,000$3,000
IX-11a Management feesPrograms $35,958 · Management $17,918 · Fundraising $14,944$68,820
IX-11b Legal feesManagement $404$404
IX-11c Accounting feesManagement $5,933$5,933
IX-13 Office expensesPrograms $8,750 · Management $17,079 · Fundraising $3,566$29,395
IX-14 Information technologyPrograms $2,039 · Management $4,059 · Fundraising $847$6,945
IX-17 TravelPrograms $4,922$4,922
IX-19 Conferences, conventions and meetingsPrograms $311,844$311,844
IX-23 InsuranceManagement $2,502$2,502
IX-24e All other expensesManagement $264$264
IX-25 Total functional expensesPrograms $383,513 · Management $48,159 · Fundraising $19,357$451,029
Part X · Balance sheet $1,435,638 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $120,601$175,000
X-2 Savings and temporary cash investmentsStart of year $309,163$327,768
X-3 Pledges and grants receivableStart of year $0$5,640
X-9 Prepaid expenses and deferred chargesStart of year $105,450$40,280
X-11 Publicly traded securitiesStart of year $750,763$886,950
X-16 Total assetsStart of year $1,285,977$1,435,638
X-17 Accounts payable and accrued expensesStart of year $5,227$16,843
X-19 Deferred revenueStart of year $155,208$171,239
X-26 Total liabilitiesStart of year $160,435$188,082
X-27 Net assets without donor restrictionsStart of year $911,174$984,577
X-28 Net assets with donor restrictionsStart of year $214,368$262,979
X-32 Total net assets or fund balancesStart of year $1,125,542$1,247,556
X-33 Total liabilities and net assetsStart of year $1,285,977$1,435,638
Part XI · Reconciliation of net assets $1,247,556 net assets at year end
XI-1 Total revenue$454,432
XI-2 Total expenses$451,029
XI-3 Revenue less expenses$3,403
XI-4 Net assets at start of year$1,125,542
XI-5 Net unrealized gains (losses) on investments$118,611
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,247,556

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

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