2024-11-11T16:09:01-05:00 2023-12-31 460952065 BOUNTIFUL PEAK ADVISORS 1564 SOUTH 500 WEST SUITE 201 BOUNTIFUL UT 840107400 990 2023-01-01 954143302 THE SOCIETY FOR FINANCIAL STUDIES SOCI PO BOX 28494 RALEIGH NC 27611 LALITHA NAVEEN SECRETARY/TREASURER 2024-11-11 true false SHALAUN T HOWELL CPA P00969274 8012943155 2024-11-11 2023 2024-10-15 13:58:12Z WEI JIANG PO BOX 28494 RALEIGH NC 27611 3230774 false X HTTPS://SFS.ORG X 1988 CA SFS IS A GLOBAL, NONPROFIT ACADEMIC FINANCE SOCIETY THAT EDITS AND PUBLISHES THREE TOP ACADEMIC JOURNALS IN FINANCE. THE ORGANIZATION ALSO HOSTS ACADEMIC CONFERENCES IN FINANCE AND AWARDS GRANTS AND PRIZES. 10 9 2 34 0 10000 0 1043659 1086214 168201 103914 -939 0 1220921 1190128 81175 90846 0 297779 310985 0 400 756605 1025830 1135559 1427661 85362 -237533 8896085 10367420 1302604 1494953 7593481 8872467 SFS IS A GLOBAL, NONPROFIT ACADEMIC FINANCE SOCIETY THAT EDITS AND PUBLISHES THREE TOP ACADEMIC JOURNALS IN FINANCE. THE ORGANIZATION ALSO HOSTS ACADEMIC CONFERENCES IN FINANCE AND AWARDS GRANTS AND PRIZES. false false 990664 48319 892509 JOURNALS WE PUBLISH THREE TOP ACADEMIC JOURNALS IN FINANCE: (1) THE REVIEW OF FINANCIAL STUDIES, (2) THE REVIEW OF ASSET PRICING STUDIES, AND (3) THE REVIEW OF CORPORATE FINANCE STUDIES. THE REVIEW OF FINANCIAL STUDIES PUBLISHES ARTICLES ON MAINSTREAM FINANCE TOPICS, THE REVIEW OF ASSET PRICING STUDIES PUBLISHES ARTICLES THAT HAVE A PRIMARILY ASSET PRICING FOCUS, AND THE REVIEW OF CORPORATE FINANCE STUDIES PUBLISHES ARTICLES THAT HAVE A PRIMARILY CORPORATE FINANCE FOCUS. EACH OF THESE JOURNALS ALSO PROVIDES ANNUAL AWARDS FOR BEST PAPER AND BEST REFEREE. 323568 8011 193705 CONFERENCES WE ORGANIZE TWO MAJOR ANNUAL FINANCE CONFERENCES: THE SFS CAVALCADE NORTH AMERICA AND THE SFS CAVALCADE ASIA-PACIFIC. THESE CONFERENCES ARE HIGHLY SELECTIVE AND BRING TOGETHER ACADEMICS FROM AROUND THE WORLD. THE FIRST IS ORGANIZED ANNUALLY IN THE US, WITH A DIFFERENT HOST SCHOOL EACH YEAR, AND THE SECOND IS ORGANIZED ANNUALLY IN THE ASIA-PACIFIC REGION, AGAIN WITH A DIFFERENT HOST SCHOOL EACH YEAR. ADDITIONALLY, WE ORGANIZE A THIRD CONFERENCE, THE RCFS WINTER CONFERENCE. THIS IS A SMALLER CONFERENCE COMPARED TO THE CAVALCADES, BUT IT HAS BEEN GROWING IN SIZE AND VISIBILITY OVER TIME. THIS IS AN ANNUAL CONFERENCE ON SELECTED FINANCE TOPICS, WITH PARTICIPATION FROM ACADEMICS AROUND THE WORLD. 34516 34516 OTHER PROGRAM PROVIDED FINANCIAL SUPPORT TO OTHER ACADEMIC FINANCE CONFERENCES. PROVIDED AN ANNUAL AWARD FOR BEST YOUNG RESEARCHER IN FINANCE. PROVIDED TRAVEL AWARDS FOR PHD STUDENTS TRAVELLING TO THE CAVALCADE NORTH AMERICA CONFERENCE. 1348748 true false false false false false false false false false true false false false true true true false false false true true true false false false false true true false false false false false false false false false false false false false false false false false false true 135 0 2 true false false false false false false false false false false false false X 10 9 false false false false true true false true true false false true true true true false false false false CA X X X BOUNTIFUL PEAK ADVISORS 8012943155 1564 S 500 W STE 201 BOUNTIFUL UT 84010 LALITHA NAVEEN SECRETARY/TR 8.00 X X 31650 0 0 WEI JIANG PRESIDENT 3.00 X X 0 0 0 YISHAY YAFEH VICE PRESIDE 3.00 X X 0 0 0 RENEE ADAMS CHAIR, SFS C 3.00 X 0 0 0 ALON BRAV MEMBER, SFS 1.00 X 0 0 0 KAI LI MEMBER, SFS 1.00 X 0 0 0 LIYAN YANG MEMBER, SFS 1.00 X 0 0 0 PAOLA SAPIENZA MEMBER, SFS 1.00 X 0 0 0 ALLAUDEEN HAMEED MEMBER, SFS 1.00 X 0 0 0 KARIN THORBURN MEMBER, SFS 1.00 X 0 0 0 CAROLA FRYDMAN MEMBER, SFS 1.00 X 0 0 0 ALEXANDRA NIESSEN-RUENZI MEMBER, SFS 1.00 X 0 0 0 JONATHAN KARPOFF MEMBER, SFS 1.00 X 0 0 0 31650 false false false ARTICLE SUBMISSION FEES 511120 581733 581733 PUBLISHING CONTRACTS 511120 445201 445201 REGISTRATIONS 519100 59280 59280 1086214 187897 187897 1956663 2037070 3576 -80407 -3576 -83983 -83983 1190128 1086214 103914 X 11516 11516 44913 44913 34417 34417 31650 31650 259484 236461 23023 19851 18090 1761 18612 18612 690945 690945 4170 2550 1620 570 159 411 28065 26734 1331 21112 21112 3367 3367 1042 957 85 CONFERENCE CATERING 223028 223028 BANK AND MERCHANT FEES 20069 20068 1 SUPPLIES 13499 13499 MISCELLANEOUS 932 932 419 19 400 1427661 1348748 78513 400 408257 291963 241678 225763 40648 12000 12500 1042 11458 8205502 9826236 8896085 10367420 116304 83918 1186300 1411035 1302604 1494953 X 7593481 8872467 7593481 8872467 8896085 10367420 -237533 1513244 3275 X false true X true false X 5000 10000 10000 25000 911725 1004067 999186 1043659 1086214 5044851 916725 1014067 999186 1053659 1086214 5069851 387037 448615 403818 452879 432460 2124809 387037 448615 403818 452879 432460 2124809 2945042 186789 140521 186224 168201 187897 869632 186789 140521 186224 168201 187897 869632 7782 41347 18420 67549 1111296 1195935 1203830 1221860 1274111 6007032 0.49030 0.83740 0.14000 0.15000 X PART III, LINE 12 OTHER INCOME 67,549 12500 1042 11458 11458 ACCRUED REFEREE LIABILITY 1411035 1411035 X 2703372 1513244 1513244 1190128 1190128 1424386 -3275 -3275 1427661 1427661 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3), QUALIFYING FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A). THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) AND IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN IN ITS ANNUAL FILING AND DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATIONS FORMS 990 ARE NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS BEFORE 2020. true EUROPE GRANTMAKING CONFERENCE SPONSOR 13000 EAST ASIA & PACIFIC GRANTMAKING CONFERENCE SPONSOR 10000 EUROPE PROFESSIONAL AWARDS JOURNAL & CONFERENCE 11167 EAST ASIA & PACIFIC PROFESSIONAL WARDS JOURNAL & CONFERENCE 250 34417 34417 EUROPE FINANCE CONFERENCE 13000 WIRE TRANSFER EAST ASIA AND THE PACIFIC FINANCE CONFERENCE 10000 WIRE TRANSFER PROFESSIONAL AWARDS EUROPE 4 11167 WIRE TRANSFER PROFESSIONAL AWARDS EAST ASIA & PACIFIC 1 250 WIRE TRANSFER false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE 13,000 0 EAST ASIA & PACIFIC 10,000 0 EUROPE 11,167 0 EAST ASIA & PACIFIC 250 0 SCHEDULE F, PAGE 5, PART V THE ORGANIZATION PROVIDES TWO TYPES OF GRANT AWARDS. PRIZES: PRIZES ARE AWARDED FOR OUTSTANDING RESEARCHERS IN FINANCE, BASED ON THE RESULTS OF A PANEL OF REVIEWERS. PRIZE AWARDS ARE A FIXED AMOUNT OF SUPPORT PER AWARD TO RECOGNIZE AND ENCOURAGE EXCELLENCE. CONFERENCE SPONSORSHIPS: THE EDITORS OF THE THREE JOURNALS WHO ARE SPONSORING THE CONFERENCE WRITE TO THE EXECUTIVE COMMITTEE DESCRIBING THE CONFERENCE AND REQUESTING SUPPORT, WHICH MAY OR MAY NOT BE FINANCIAL. THE EXECUTIVE COMMITTEE THEN VOTES TO SUPPORT (OR NOT). THE EXECUTIVE COMMITTEE HAS CLEARLY LAID OUT GUIDELINES REGARDING CONFERENCES THAT IT WILL SUPPORT (THERE SHOULD BE AN OPEN CALL FOR PAPERS, IT SHOULD NOT BE THE SAME REPEAT AUTHORS WHO ARE INVITED TO PRESENT ETC.). WE NORMALLY COMMIT TO A FIXED SUM OF MONEY. THE SCHOOL PRESENTS THE RECEIPTS TO US AFTER THE CONFERENCE AND AS LONG AS THE TOTAL SPENT BY THE SCHOOL EXCEEDS THE FIXED AMOUNT WE PROMISED THE SCHOOL, WE PAY THE AMOUNT. true UNIVERSITY OF NORTH CAROLINA KENANA-FLAGLER BUSINESS SCHOOL CB 3400 KENANA CENTER 3RD FLOOR CHAPEL HILL NC 27599 566001393 501C3 6516 FINANCE CONFERENCE 1 PROFESSIONAL AWARDS 25 44913 SCHEDULE I, PAGE 4, PART IV THE ORGANIZATION PROVIDES TWO TYPES OF GRANT AWARDS. PRIZES: PRIZES ARE AWARDED FOR OUTSTANDING RESEARCHERS IN FINANCE, BASED ON THE RESULTS OF A PANEL OF REVIEWERS. PRIZE AWARDS ARE A FIXED AMOUNT OF SUPPORT PER AWARD TO RECOGNIZE AND ENCOURAGE EXCELLENCE. CONFERENCE SPONSORSHIPS: THE EDITORS OF THE THREE JOURNALS WHO ARE SPONSORING THE CONFERENCE WRITE TO THE EXECUTIVE COMMITTEE DESCRIBING THE CONFERENCE AND REQUESTING SUPPORT, WHICH MAY OR MAY NOT BE FINANCIAL. THE EXECUTIVE COMMITTEE THEN VOTES TO SUPPORT (OR NOT). THE EXECUTIVE COMMITTEE HAS CLEARLY LAID OUT GUIDELINES REGARDING CONFERENCES THAT IT WILL SUPPORT (THERE SHOULD BE AN OPEN CALL FOR PAPERS, IT SHOULD NOT BE THE SAME REPEAT AUTHORS WHO ARE INVITED TO PRESENT ETC.). WE NORMALLY COMMIT TO A FIXED SUM OF MONEY. THE SCHOOL PRESENTS THE RECEIPTS TO US AFTER THE CONFERENCE AND AS LONG AS THE TOTAL SPENT BY THE SCHOOL EXCEEDS THE FIXED AMOUNT WE PROMISED THE SCHOOL, WE PAY THE AMOUNT. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS FOUR CLASSES OF MEMBERS. (1) ADMINISTRATIVE MEMBERS, WHICH INCLUDE EXECUTIVE EDITORS AND THE FOUNDING COMMITTEE. THESE MEMBERS HAVE RIGHTS TO VOTE AND HOLD OFFICE. (2) REGULAR MEMBERS, INDIVIDUALS INTERESTED IN FINANCIAL ECONOMICS WHO APPLY FOR AND ARE ACCEPTED AS A MEMBER. THESE MEMBERS HAVE RIGHTS TO VOTE AND HOLD OFFICE. (3) STUDENT MEMBERS, INDIVIDUALS WHO ARE A DEGREE CANDIDATE FOR ANY UNDERGRADUATE OR GRADUATE DEGREE AT ANY EDUCATIONAL INSTUTITION ACCREDITED IN THE JURISDICTION WHERE IT IS LOCATED WHO APPLY FOR AND ARE ACCEPTED AS A MEMBER. (4) INSTITUTIONAL MEMBERS, ANY INSTITUTION INTERESTED IN FURTHERING THE STUDY OF FINANCIAL ECONOMICS WHO APPLY FOR AND ARE ACCEPTED AS A MEMBER. FORM 990, PAGE 6, PART VI, LINE 7A ADMINISTRATIVE AND REGULAR MEMBERS ARE GIVEN THE RIGHT TO VOTE TO ELECT OFFICERS. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATIONS FORM 990 WAS PREPARED BY THE ORGANIZATIONS CPA IN CONSULTATION WITH THE ORGANIZATIONS TREASURER. IT WAS REVIEWED IT DETAIL BY THE ORGANIZATIONS TREASURER AND MANAGING DIRECTOR FOR ACCURACY AND REASONABILITY. A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATIONS BOARD OF DIRECTORS BEFORE IT WAS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES THAT ALL OFFICERS AND DIRECTORS, AS WELL AS EDITORS OF ALL THE JOURNALS, TO SUBMIT IN WRITING ANY POTENTIAL CONFLICTS OF INTEREST THAT THEY HAVE. POTENTIAL CONFLICTS ARE REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE. IF A CONFLICT IS DETERMINED TO EXIST, THE EXECUTIVE COMMITTEE WILL DETERMINE APPROPRIATE ACTION TO ELIMINATE OR MITIGATE THE IMPACT OF THE POTENTIAL CONFLICT. SUCH ACTION MAY INCLUDE RECUSAL OF DIRECTORS FROM VOTING AND OTHER ACTIONS. FORM 990, PAGE 6, PART VI, LINE 15B THE ONLY OFFICER OR DIRECTOR WHO RECEIVES COMPENSATION IS THE TREASURER. THE TREASURER'S COMPENSATION IS ESTABLISHED BY THE EXECUTIVE COMMITTEE, EXCLUDING THE TREASURER. THE DELIBERATION AND DETERMINATION OF SUCH COMPENSATION IS CONTEMPORANEOUSLY DOCUMENTED. HOWEVER, BECAUSE THE COMPENSATION HAS HISTORICALLY BEEN LOW, THE EXECUTIVE COMMITTEE HAS NOT REFERRED TO SALARY SURVEYS OR SIMILAR DATA FOR COMPARABILITY PURPOSES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS FOR THE MOST RECENT THREE YEARS ARE AVAILABLE ON THE ORGANIZATIONS WEBSITE. IN ADDITION, THE ORGANIZATIONS 990S FOR THE PAST SEVERAL YEARS ARE AVAILABLE THROUGH GUIDESTAR.ORG. FORM 990, PART IX, LINE 11G COPY EDITORS 57,184 0 0 EXECUTIVE EDITOR 121,858 0 0 POST DOCTORAL EDITORS 38,800 0 0 REFEREE FEES 463,800 0 0 OTHER 9,303 0 0 TOTAL 690,945 0 0