SOCIAL PROGESS IMPERATIVE INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- SOCIAL PROGESS IMPERATIVE INC (EIN 36-4701434)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-06-02
- IRS object ID
- 201621549349300752
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-06-02T09:20:45-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582676261 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rogers & Company PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8300 Boone Boulevard Suite 600 | AddressLine1Txt |
| City | Vienna | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22182 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364701434 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Social Progress Imperative Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOCI | BusinessNameControlTxt |
| Phone | 2023503282 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2101 L Street NW No 800 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20037 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Green | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 2023503282 | PhoneNum |
| Signature | 2016-06-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lori A Collingsworth | PreparerPersonNm |
| PTIN | P00639819 | PTIN |
| Phone | 7038930300 | PhoneNum |
| Preparation | 2016-05-27 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Michael Green | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2101 L Street NW No 800 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,992,395 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://www.socialprogressimperative.org/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2010 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | A world in which social progress sits alongside economic prosperity as a measure of development. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $326,693 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,963,262 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $27,981 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,152 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $326,693 | PYTotalRevenueAmt |
| CY Total Revenue | $4,992,395 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $132,408 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $343,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $907,343 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,016,051 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $151,890 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $852,224 | PYOtherExpensesAmt |
| CY Other Expenses | $842,429 | CYOtherExpensesAmt |
| PY Total Expenses | $1,891,975 | PYTotalExpensesAmt |
| CY Total Expenses | $2,201,480 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,565,282 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,790,915 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,650,403 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,296,990 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $175,891 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $31,563 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,474,512 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,265,427 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Our mission is to advance social progress by helping government, business and civil society to collaborate and focus limited resources where they will make the greatest contribution to social progress. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $357,676 | ExpenseAmt |
| Desc | Data Collection and Analysis: Activities associated with collecting data for the social progress index and analyzing the results. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $451,233 | ExpenseAmt |
| Revenue | $27,981 | RevenueAmt |
| Desc | Dissemination: Activities associated with sharing the results and analysis of the social progress index with the global public. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $852,937 | ExpenseAmt |
| Grant | $343,000 | GrantAmt |
| Desc | Partner Network: Activities associated with forming a network of organizations throughout the world committed to using the social progress index as a policy analysis and advocacy tool. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,661,846 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 12 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 9 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Steven Chaplain | PersonNm |
| Phone | 2023503282 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2101 L Street NW No 800 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20037 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Brizio Biondi-Morra | |||||||
| Chair | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Roberto Artavia Loria | |||||||
| Vice Chair | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Alvaro Rodriguez Arregui | |||||||
| Treasurer | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Matthew Bishop | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| Sally Osberg | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| David Cruickshank | |||||||
| Director | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| Michael Green | |||||||
| Executive Director | 50.00 | Yes (X) | $257,845 | $0 | $12,850 | ||
| Amy Wares | |||||||
| Research Director | 40.00 | $139,000 | $0 | $28,923 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $396,845 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $41,773 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Weisblatt and Associates | BusinessNameLine1Txt |
Contractor Address ContractorAddress
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 Rue de Lourmel | AddressLine1Txt |
| City | Paris | CityNm |
| Country | FR | CountryCd |
| Foreign Postal | 75015 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Measurement and Evaluation | ServicesDesc |
| Compensation | $101,976 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $4,963,262 | AllOtherContributionsAmt |
| Total Contributions | $4,963,262 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Honoraria | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $27,981 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,981 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $27,981 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,152 | TotalRevenueColumnAmt |
| Exclusion | $1,152 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,992,395 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,981 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,152 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,000 | TotalAmt |
| Program Services | $10,000 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $333,000 | TotalAmt |
| Program Services | $333,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $270,695 | TotalAmt |
| Program Services | $191,842 | ProgramServicesAmt |
| Management And General | $49,375 | ManagementAndGeneralAmt |
| Fundraising | $29,478 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $553,463 | TotalAmt |
| Program Services | $392,816 | ProgramServicesAmt |
| Management And General | $100,592 | ManagementAndGeneralAmt |
| Fundraising | $60,055 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,869 | TotalAmt |
| Program Services | $21,876 | ProgramServicesAmt |
| Management And General | $5,631 | ManagementAndGeneralAmt |
| Fundraising | $3,362 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,702 | TotalAmt |
| Program Services | $62,862 | ProgramServicesAmt |
| Management And General | $16,180 | ManagementAndGeneralAmt |
| Fundraising | $9,660 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,322 | TotalAmt |
| Program Services | $51,254 | ProgramServicesAmt |
| Management And General | $13,192 | ManagementAndGeneralAmt |
| Fundraising | $7,876 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,716 | TotalAmt |
| Management And General | $16,716 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,941 | TotalAmt |
| Management And General | $60,941 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $489,535 | TotalAmt |
| Program Services | $424,003 | ProgramServicesAmt |
| Management And General | $49,480 | ManagementAndGeneralAmt |
| Fundraising | $16,052 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,691 | TotalAmt |
| Program Services | $8,208 | ProgramServicesAmt |
| Management And General | $19,768 | ManagementAndGeneralAmt |
| Fundraising | $2,715 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,355 | TotalAmt |
| Program Services | $2,095 | ProgramServicesAmt |
| Management And General | $4,564 | ManagementAndGeneralAmt |
| Fundraising | $696 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,302 | TotalAmt |
| Program Services | $16,479 | ProgramServicesAmt |
| Management And General | $27,347 | ManagementAndGeneralAmt |
| Fundraising | $5,476 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,489 | TotalAmt |
| Program Services | $134,422 | ProgramServicesAmt |
| Management And General | $13,057 | ManagementAndGeneralAmt |
| Fundraising | $14,010 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,762 | TotalAmt |
| Program Services | $11,859 | ProgramServicesAmt |
| Management And General | $2,768 | ManagementAndGeneralAmt |
| Fundraising | $2,135 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,379 | TotalAmt |
| Program Services | $1,130 | ProgramServicesAmt |
| Management And General | $1,874 | ManagementAndGeneralAmt |
| Fundraising | $375 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,259 | TotalAmt |
| Management And General | $6,259 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,201,480 | TotalAmt |
| Program Services | $1,661,846 | ProgramServicesAmt |
| Management And General | $387,744 | ManagementAndGeneralAmt |
| Fundraising | $151,890 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $405,422 | BOYAmt |
| EOY | $1,288,418 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,803,753 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,195,216 | BOYAmt |
| EOY | $1,098,433 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,000 | BOYAmt |
| EOY | $100,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,136 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,950 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,565 | BOYAmt |
| EOY | $3,186 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,200 | BOYAmt |
| EOY | $3,200 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,650,403 | BOYAmt |
| EOY | $4,296,990 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,391 | BOYAmt |
| EOY | $31,563 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,500 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,891 | BOYAmt |
| EOY | $31,563 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,475 | BOYAmt |
| EOY | $1,880,521 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,158,037 | BOYAmt |
| EOY | $2,384,906 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,474,512 | BOYAmt |
| EOY | $4,265,427 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,650,403 | BOYAmt |
| EOY | $4,296,990 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,790,915 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,279,729 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,976,176 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $326,693 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,963,262 | CurrentTaxYearAmt |
| Total | $10,545,905 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,279,729 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,976,176 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $326,693 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,963,262 | CurrentTaxYearAmt |
| Total | $10,545,905 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,798,891 | SubstantialContributorsTotAmt |
| Public Support Total170 | $4,747,014 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $1,152 | CurrentTaxYearAmt |
| Total | $1,152 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $10,547,057 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $27,981 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.45010 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,136 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,950 | DepreciationAmt |
| Book Value | $3,186 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,186 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $5,073,795 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $81,400 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $81,400 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,992,395 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,992,395 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,282,880 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $81,400 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $81,400 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,201,480 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,201,480 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | Management evaluated the organization's tax positions and has concluded that the organization has taken no uncertain tax positions that require either recognition or disclosure in the accompanying financial statements. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| South America | 0 | 0 | Grants to recipients located in region | $50,000 | |
| Central America and the Caribbean | 0 | 0 | Grants to recipients located in region | $273,000 | |
| Europe (Including Iceland & Greenland) | 0 | 2 | Program services & Grants to recipients located in region | $111,976 | Data collection and Analysis- Measurement and Evaluation contracted services in region |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 2 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Subtotal Spent | $434,976 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $434,976 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (3 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, | To support the creation of a highly dynamic and impactful Social Progress Network in Chile | $50,000 | Wire | $0 | N/A | N/A |
| Central America and the Caribbean | Designed to pay for the presentation of the Social Progress Index to business and civil society leaders from around Latin America | $273,000 | Wire | N/A | N/A | |
| Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium | Related to the development of the Social Progress Index in the Basque Region | $10,000 | Wire | $0 | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2: | Grantee Selection: SPI may award grants through a competitive or non-competitive process. Under rare circumstances, grantees may be selected without competition on the basis of their unique qualifications. This selection process is called a sole source and requires that SPI justify why open solicitation was not engaged to identify other potential grantees to provide the services needed. Awards must follow the appropriate schedule of authority. In general a competitive process will be used to select grantees. The competitive selection processes generally will rely on requests for applications (RFA) or requests for proposals (RFP) circulated in any number of ways. When RFA's and RFP's are employed, announcements should provide the following key information: - SPI'S program objectives, including areas of special interest - Minimum eligibility requirements for grantees - Criteria for evaluating applications - Funds available, period of performance, and the number of awards anticipated - Types of activities and costs that will not be funded - Required or suggested elements for cost-sharing - Required format and deadline for submitting applications - How interested parties may obtain application materials Due Diligence: Due diligence shall be conducted for the most competitive applicant. At a minimum, this process will include the review of all submitted application materials, including budgets. Before final selection is made, SPI shall explore the organization's overall financial strength and capacity, including track record (if applicable), governance and executive leadership, vision and strategy, staffing partnerships, communications and finances to ensure competency of grantee. Grant award: Once grantee is selected, the grantee and SPI shall determine best method for payment of grant award. Payment may be completed in one lump sum, broken down in partial payments or paid out only after the project is completed. Further, both grantee and SPI shall discuss if payment is to be made by electronic transfer, check or by other means. Grant management: To ensure success, SPI shall provide a post award orientation to grantee to clarify the roles, responsibilities and authorities of who will administer the award and to help grantee understand all needed technical and administrative information. In an effort to ensure success, SPI has the right to manage the grantee by conducting site visits, requesting program or financial audits, and/or periodic grant reports. |
| Part I, line 3: | Foreign grants are directly tracked and accounted for on the accrual method of accounting. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Passion In Philanthropy LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 31155 Northwestern Hwy | AddressLine1Txt |
| City | Farmington Hills | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48334 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 461259771 | RecipientEIN |
| IRC Section | N/A | IRCSectionDesc |
| Cash Grant | $10,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
| Purpose Of Grant | State-wide measurement framework initiative of the social and environmental livelihoods of people living in urban settings across the state of Michigan. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Grantee Selection: SPI may award grants through a competitive or non-competitive process. Under rare circumstances, grantees may be selected without competition on the basis of their unique qualifications. This selection process is called a sole source and requires that SPI justify why open solicitation was not engaged to identify other potential grantees to provide the services needed. Awards must follow the appropriate schedule of authority. In general a competitive process will be used to select grantees. The competitive selection processes generally will rely on requests for applications (RFA) or requests for proposals (RFP) circulated in any number of ways. When RFA's and RFP's are employed, announcements should provide the following key information: - SPI'S program objectives, including areas of special interest - Minimum eligibility requirements for grantees - Criteria for evaluating applications - Funds available, period of performance, and the number of awards anticipated - Types of activities and costs that will not be funded - Required or suggested elements for cost-sharing - Required format and deadline for submitting applications - How interested parties may obtain application materials Due Diligence: Due diligence shall be conducted for the most competitive applicant. At a minimum, this process will include the review of all submitted application materials, including budgets. Before final selection is made, SPI shall explore the organization's overall financial strength and capacity, including track record (if applicable), governance and executive leadership, vision and strategy, staffing partnerships, communications and finances to ensure competency of grantee. Grant award: Once grantee is selected, the grantee and SPI shall determine best method for payment of grant award. Payment may be completed in one lump sum, broken down in partial payments or paid out only after the project is completed. Further, both grantee and SPI shall discuss if payment is to be made by electronic transfer, check or by other means. Grant management: To ensure success, SPI shall provide a post award orientation to grantee to clarify the roles, responsibilities and authorities of who will administer the award and to help grantee understand all needed technical and administrative information. In an effort to ensure success, SPI has the right to manage the grantee by conducting site visits, requesting program or financial audits, and/or periodic grant reports. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Michael Green | ||||||||||||||
| Executive Director | $257,845 | $0 | $0 | $0 | $0 | $0 | $12,850 | $0 | $0 | $0 | $270,695 | $0 | $0 | $0 |
| Amy Wares | ||||||||||||||
| Research Director | $139,000 | $0 | $0 | $0 | $0 | $0 | $6,850 | $0 | $22,073 | $0 | $167,923 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11 | The Form 990 is prepared by the outside accountants and reviewed by senior management. It is then reviewed by the Executive Director and circulated to all Directors before filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | The conflict of interest policy is reviewed annually at the first Board of Directors meeting of the year. Directors are required to disclose interests that could give rise to conflicts. The same conflict of interest policy applies to employees. If a conflict of interest arises, the organization seeks counsel from its attorney and follows appropriate legal or best practice procedures. |
| Form 990, Part VI, Section B, line 15a | Compensation for the Executive Director was based on reviewing surveys of compensation packages from multiple similar organizations. It was reviewed and approved by the Board of Directors. The compensation process is documented and the last compensation review took place in November 2015. |
| Form 990, Part VI, Section C, line 19 | The governing documents, conflict of interest policy and financial statements are available upon request. |
| Form 990, Part IX, line 11g | Consultants and contractors: Program service expenses 294,003. Management and general expenses 49,480. Fundraising expenses 16,052. Total expenses 359,535. Advisory Board Honoraria: Program service expenses 130,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 130,000. |
| Form 990, Part XII, Line 2c: | SPI's Audit Committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process is consistent with previous years. |
Comments