2025-04-23T13:24:37-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2023-07-01 060655494 SIGMA XI THE SCIENTIFIC RESEARCH HONOR SOCIETY INC SIGM 9195494691 PO BOX 13975 RESEARCH TRIANGLE PARK NC 27709 JAMIE L VERNON EXECUTIVE DIRECTOR/CEO 9195494691 2025-04-22 1 1 KATHERINE A WARLICK P02065266 7049985200 2025-03-28 2023 2025-03-06 01:10:19Z JAMIE L VERNON PO BOX 13975 RESEARCH TRIANGLE PARK NC 27709 5334058 0 X WWW.SIGMAXI.ORG X 1886 NC THE HONOR SOCIETY OF SCIENTISTS AND ENGINEERS THAT RECOGNIZES SCIENTIFIC ACHIEVEMENT. 16 16 29 16 20000 0 963908 894287 2653397 2930454 547985 797141 0 0 4165290 4621882 274202 272884 0 0 2545668 1983588 0 0 452736 2659680 2721159 5479550 4977631 -1314260 -355749 17351982 18756525 3691902 4096952 13660080 14659573 X TO ENHANCE THE HEALTH OF THE RESEARCH ENTERPRISE, FOSTER INTEGRITY IN SCIENCE AND ENGINEERING AND PROMOTE THE PUBLIC'S UNDERSTANDING OF SCIENCE FOR THE PURPOSE OF IMPROVING THE HUMAN CONDITION. 0 0 1214642 370305 AMERICAN SCIENTIST: BI-MONTHLY PUBLICATION OF SCIENTIFIC MAGAZINE DISTRIBUTED TO APPROXIMATELY 26,616 MEMBERS AND 8,836 SUBSCRIBERS. 548323 1000 2155479 DEVELOP MEMBERSHIP, ENGAGE MEMBERS WITH PROGRAMS, SUPPORT 531 CHAPTERS AND WORK WITH INSTITUTIONS TO LAUNCH NEW CHAPTERS. 526394 7472 232298 PRODUCTION OF THE ANNUAL MEETING (INTERNATIONAL FORUM ON RESEARCH EXCELLENCE) AND GRANT FUNDING PROGRAMS. 416224 42479 SIGMA XI'S PROGRAMS ARE FOCUSED ON SCIENCE AND ENGINEERING EDUCATION, RESEARCH ETHICS, PUBLIC UNDERSTANDING OF SCIENCE, INTERNATIONAL RESEARCH COOPERATION AND THE HEALTH OF THE RESEARCH ENTERPRISE. 318968 221933 152372 RUNNING GRANTS-IN-AID OF RESEARCH PROGRAM. 735192 264412 152372 3024551 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 57 0 29 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DC FL GA IL IN KS KY ME MD MA MI MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA WA WV WI X JASMINE SHAH 9195494691 700 PARK OFFICES DRIVE SUITE 160 RESEARCH TRIANGLE PARK NC 27709 MARIJA STROJNIK PHD PRESIDENT 8.00 X X 0 0 0 PEIZHEN KATHY LU PHD PRESIDENT-ELECT 1.00 X X 0 0 0 NICHOLAS A PEPPAS PHD IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 DAVID W BAKER PHD TREASURER 1.00 X X 0 0 0 DANA A BAUM PHD DIRECTOR 1.00 X 0 0 0 MARY BLISS PHD DIRECTOR 1.00 X 0 0 0 RAYMOND H BYRNE PHD DIRECTOR 1.00 X 0 0 0 DEBORAH J GOOD PHD DIRECTOR 1.00 X 0 0 0 HOLLYANN HARRIS PHD DIRECTOR 1.00 X 0 0 0 PAMELA KERRIGAN PHD DIRECTOR 1.00 X 0 0 0 LAURA MONTIER PHD DIRECTOR 1.00 X 0 0 0 JENNIFER PATTERSON PHD DIRECTOR 1.00 X 0 0 0 EMMA S PERRY PHD DIRECTOR 1.00 X 0 0 0 THEODORA PINOU PHD DIRECTOR 1.00 X 0 0 0 BRADLEY SWANSON PHD DIRECTOR 1.00 X 0 0 0 TIELI WANG DIRECTOR 1.00 X 0 0 0 JAMIE L VERNON PHD EXECUTIVE DIRECTOR & CEO 40.00 X 207318 0 40937 JASMINE SHAH DIR FINANCE/ADMIN 40.00 X 140759 0 32230 LISA MERRITT DIRECTOR OF DEVELOPMENT 40.00 X 122606 0 36501 470683 0 109668 3 0 1 0 0 60641 833646 29605 894287 MEMBERSHIP DUES 541700 2142869 2142869 AMERICAN SCIENTIST 541700 390305 370305 20000 OTHER PROGRAM REVENUES 541700 228847 228847 INITIATE AND PROMOTION 541700 133700 133700 CHAPTER RECEIPTS 541700 34733 34733 2930454 389317 389317 1120000 712176 407824 407824 407824 4621882 2910454 20000 797141 272884 272884 248255 125775 84259 38221 1375475 696866 466845 211764 97898 49599 33227 15072 144097 73005 48907 22185 117863 59714 40003 18146 4436 2992 1306 138 40574 27365 11943 1266 38767 33035 5732 63356 62873 483 411955 260900 130442 20613 213173 213173 379515 323359 51652 4504 637 637 24510 24510 23598 23598 24003 24003 READERSHIP COSTS 1227000 888281 218375 120344 MAINTENANCE AND REPAIRS 157084 12009 145075 HONORARIA/SUBSIDY 94428 94428 CHAPTER SUPPORT 16604 16604 1519 352 1167 4977631 3024551 1500344 452736 1316726 1106124 285 527 95795 74619 31964 63908 49502 59623 156399 206890 872241 444396 45561 427845 14711398 15988856 944352 828133 17351982 18756525 522060 564818 2044540 2520984 1125302 1011150 3691902 4096952 X 55579 -158184 13604501 14817757 13660080 14659573 17351982 18756525 -355749 1355242 0 X X 0 1 X 1 0 X 720978 540194 1481892 963908 894287 4601259 2676620 2596693 2661656 2631969 2930454 13497392 3397598 3136887 4143548 3595877 3824741 18098651 0 0 0 18098651 244523 333684 386835 336648 389317 1691007 244523 333684 386835 336648 389317 1691007 3642121 3470571 4530383 3932525 4214058 19789658 0.91460 0.90620 0.08540 0.09370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12490550 209711 1726932 932899 13494294 12111062 221425 1057442 899379 12490550 14579558 554036 -1895518 1127014 12111062 11553992 22555 3498688 495677 14579558 10318799 1428238 430196 623241 11553992 1.00000 0 0 714641 444396 270245 157600 157600 427845 NOTE PAYABLE 139065 LEASE LIABILITY 872085 1011150 X 5977124 1355242 1355242 4621882 0 4621882 4977631 0 4977631 0 4977631 PART V, LINE 4: THE SOCIETY'S ENDOWMENT FUNDS CONSIST OF APPROXIMATELY 66 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: THE SOCIETY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND THE APPLICABLE STATE TAX STATUTES. IN ADDITION, THE SOCIETY QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN QUALIFIED AS A SOCIETY THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE SOCIETY IS SUBJECT TO UNRELATED BUSINESS INCOME TAXES FOR ACTIVITIES IT ENGAGES IN THAT DO NOT MEET THE EXEMPT PURPOSE OF THE SOCIETY. THE SOCIETY'S FORMS 990-T ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS 2022 THROUGH 2019. THE SOCIETY ADHERES TO THE GUIDANCE FOR ACCOUNTING FOR THE UNCERTAINTY IN INCOME TAXES, WHICH ESTABLISHES THRESHOLDS AS THEY RELATE TO ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 DEFINES THE THRESHOLD FOR RECOGNIZING THE BENEFITS OF TAX POSITIONS IN THE FINANCIAL STATEMENTS AS MORE-LIKELY-THAN-NOT TO BE SUSTAINED BY THE RELEVANT TAXING AUTHORITY AND REQUIRE MEASUREMENT OF SUCH TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT CRITERION. MANAGEMENT BELIEVES THAT THE SOCIETY CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2024. MANAGEMENT HAS EVALUATED ALL TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE SOCIETY HAD NO UNCERTAIN INCOME TAX POSITIONS AS OF JUNE 30, 2024 AND 2023 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. PART V, LINE 1E THE AMOUNT OF OTHER EXPENDITURESW FOR FACILITIES AND PROGRAMS WAS OVERSTTATED IN THE PRIOR YEAR. THE AMOUNT ORIGINALLY REPORTED WAS $1,127,014. THE CORRECT AMOUNT WAS $889,379. THIS HAS BEEN UPDATED IN PART V SO THAT THE ENDING ENDOWMENT BALANCES FOR THE CURRENT YEAR AND THE PRIOR YEAR ARE BOTH CORRECT. 1 GRANTS-IN-AID OF RESEARCH 106 221933 SIGMA XI PROGRAMS 45 42479 ANNUAL MEETING 37 5225 GRANT-FUNDED PROGRAMS 8 2247 MEMBERSHIP 1 1000 PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO SUBMIT A NARRATIVE REPORT OF THE PROJECT THAT RECEIVED FUNDING FROM SIGMA XI WITHIN 1 YEAR AFTER THE DISBURSEMENT DATE OF THE AWARD FUNDS. REPORTS ARE NOT REQUIRED TO INCLUDE RECEIPTS OR DETAILED LIST OF EXPENDITURES AS LONG AS THE EXPENSES MATCH THE BUDGET OF THE SUBMITTED GRANT APPLICATION. IF A GRANT RECIPIENT NEEDS TO DEVIATE FROM THE PROPOSAL BUDGET, THEY ARE REQUIRED TO SUBMIT A REQUEST BY EMAIL DETAILING THEIR NEW BUDGET. MODIFICATIONS ARE APPROVED IF THEY ARE CONSISTENT WITH THE PROGRAM GUIDELINES. X X X X 0 0 0 0 0 0 0 0 0 JAMIE L VERNON PHD EXECUTIVE DIRECTOR & CEO 207318 0 0 0 0 0 15199 0 25738 0 248255 0 0 0 JASMINE SHAH DIR FINANCE/ADMIN 140759 0 0 0 0 0 10217 0 22013 0 172989 0 0 0 LISA MERRITT DIRECTOR OF DEVELOPMENT 122606 0 0 0 0 0 9123 0 27378 0 159107 0 0 0 X 40 19556 COST PER SHARE X 159 10049 COST PER SHARE 0 1 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF PRESIDENT, PRESIDENT-ELECT, PAST PRESIDENT, TREASURER, TWO DIRECTORS SELECTED ONE EACH FROM REGIONAL DIRECTORS AND CONSTITUENCY DIRECTORS AND THE EXECUTIVE DIRECTOR IS A MEMBER WITHOUT VOTE. THE EXECUTIVE COMMITTEE SHALL HAVE THE RESPONSIBILITY TO ACT FOR THE BOARD OF DIRECTORS BETWEEN MEETINGS WITH RESPECT TO MATTERS NOT EXCLUDED IN SUBSECTION (IV) BELOW:(A) WHEN ACTION IS REQUIRED AND THE EXIGENCIES OF THE SITUATION WILL NOT PERMIT A DELAY UNTIL THE NEXT MEETING OF THE BOARD OF DIRECTORS OR UNTIL A BALLOT CAN BE TAKEN;B) WHEN THE DEFREE OF CONFIDENTIALITY IS SO GREAT AS TO REQUIRE CONSIDERATION BY A SMALLER GROUP; C) WHEN THE EXECUTIVE DIRECTOR REQUIRES AN ADVISE-AND-CONSENT SERVICE. THE EXECUTIVE COMMITTEE SHALL ALSO HAVE THE RESPONSIBILITY TO ASSET THE BOARD OF DIRECTORS BY (A) GIVING PRELIMINARY CONSIDERATION TO MATTERS WHERE AN APPROPRIATE COMMITTEE DOES NOT EXIST OR WHEN TIME DOES NOT ALLOW REFERRAL TO THE APPROPRIATE COMMITTEE, B) MEETING SHORTLY BEFORE EACH MEETING OF THE BOARD OF DIRECTORS TO AID IN ASSISTING THE BOARD OF DIRECTORS IN ACHIEVING THE INFORMED DECISIONS IN A SHORT PERIOD OF TIME, AND C) TAKING ACTDION ON SPECIFIC MATTERS AS REQUESTED BY THE BOARD OF DIRECTORS. LIMITATIONS:THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS SHALL NOT HAVE THE POWER TO A) ELECT OR REMOVE OFFICERS, EXCEPT TO RECOMMEND REMOVAL OF THE EXECUTIVE DIRECTOR; B) ACT IN CONTRAVENTION OF POLICIES ESTABLISHED BY THE BOARD OF DIRECTORS;C) AUTHORIZE THE SALE OR OTHER DISPOSITION OF ALL OR ANY SUBSTANTIAL PORTION OF THE ASSETS OF THE SOCIETY; D) ACT FOR THE BOARD OF DIRECTORS IN GRANTING AND REVOKING CHARTERS FOR CHAPTERS OR E) CREATE AND AUTHORIZE NEW POLICY. FORM 990, PART VI, SECTION A, LINE 6 THE SOCIETY CONSISTS OF ACTIVE AND INACTIVE MEMBERS. THE MEMBERSHIP OF THE SOCIETY IS DIVIDED INTO MEMBERSHIP GRADES, FULL AND ASSOCIATE. A MEMBER IS ANY INDIVIDUAL WHO HAS SHOWN NOTEWORTHY ACHIEVEMENTS AS AN ORIGINAL INVESTIGATOR IN A FIELD OF PURE OR APPLIED SCIENCE. AN ASSOCIATE MEMBER IS ANY INDIVIDUAL WHO HAS, THROUGH INITIAL RESEARCH ACHIEVEMENT IN A FIELD OF PURE OR APPLIED SCIENCE, SHOWN APTITUDE FOR RESEARCH WHICH IS EXPECTED IN DUE COURSE TO LEAD TO THE FULFILLMENT OF THE REQUIREMENTS FOR FULL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY ACTIVE MEMBERS. EACH MEMBER IS GIVEN ONE VOTE WHEN VOTING FOR DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO THE BOARD MEETING, THE FORM 990 IS POSTED TO SIGMA XI'S FORUM FOR THE DIRECTORS TO REVIEW. ANY QUESTIONS THE DIRECTORS HAVE REGARDING THE FORM WILL BE ADDRESSED BY THE EXECUTIVE DIRECTOR, TREASURER, OR ASSISTANT TREASURER/DIRECTOR OF FINANCE AND ADMINISTRATION. THE PRESIDENT OR EXECUTIVE DIRECTOR THEN SIGNS THE FORM 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS ANNUALLY SIGNED BY THE BOARD OF DIRECTORS AND RETAINED BY THE EXECUTIVE ASSISTANT. AS FOR THE STAFF, THE CURRENT POLICY IS POSTED ON THE ONLINE STAFF COMMUNITY. NEW HIRES SIGN THE COPY OF THE HANDBOOK THAT CONTAINS THE CODE OF ETHICS POLICY. TO ENSURE COMPLIANCE WITH THE CODE OF ETHICS AND ALL LEGAL AND REGULATORY REQUIREMENTS RELEVANT TO SIGMA XI'S BUSINESS, THE BOARD OF DIRECTORS AND OFFICERS HAVE CREATED AND MONITOR A COMPLIANCE PROGRAM. THE BOARD OF DIRECTORS HAS AUTHORIZED THE EXECUTIVE COMMITTEE TO ACT AS THE ETHICS COMMITTEE TO IMPLEMENT AND SUPERVISE THE COMPLIANCE PROGRAM AT ALL LEVELS OF SIGMA XI. SPECIFICALLY, THE ETHICS COMMITTEE HAS OVERALL RESPONSIBILITY FOR RECOMMENDING CHANGES IN THE CODE OF ETHICS, ESTABLISHING TRAINING PROGRAMS DESIGNED TO EDUCATE ALL OFFICERS, DIRECTORS, AND MEMBERS OF COMMITTEES ABOUT THE CODE, PROVIDING GUIDANCE REGARDING THE MEANING AND APPICATION OF THE CODE, MONITORING COMPLIANCE WITH THE CODE'S STANDARDS, REPORTING KNOWN VIOLATIONS OF LAW TO APPROPRIATE GOVERNMENTAL AUTHORITIES AND PROVIDING PERIODIC REPORTS TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS ON THE EFFECTIVENESS OF THE CODE AND ITS COMMUNICATIONS TO OFFICERS, DIRECTORS, AND MEMBERS OF THE COMMITTEES. ACTUAL OR SUSPECTED VIOLATIONS OF THE CODE ARE TO BE REPORTED TO A MEMBER OF THE ETHICS COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR THE PERFORMANCE REVIEW COMMITTEE MEETS TO DISCUSS THE PERFORMANCE AND COMPENSATION OF THE EXECUTIVE DIRECTOR. ACCOMPLISHMENTS AND GOALS ARE FORMED AND REVIEWED DURING THIS PROCESS. ANY CHANGE IN COMPENSATION IS REVIEWED AT THIS TIME. THE PERFORMANCE REVIEW COMMITTEE USED THE 2021 MANAGEMENT COMPENSATION REPORT FOR NOT FOR PROFIT ORGANIZATIONS PUBLISHED BY PRM CONSULTING GROUP. THE FINAL COMPENSATION IS APPROVED BY THE PERFORMANCE REVIEW COMMITTEE AND A REPORT IS SHARED WITH THE BOARD OF DIRECTORS. THERE ARE NO KEY EMPLOYEES AT THE PRESENT TIME; HOWEVER, IN THE EVENT KEY EMPLOYEES ARE ENGAGED, A SIMILAR PROCESS WILL BE USED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.