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Education : Adult Education Programs and Services (Grantmaking)

SEG Foundation

Advancing Geophysics Today – Inspiring Geoscientists for Tomorrow

three stars

86.97

8801 South Yale Avenue Suite 500
Tulsa, OK 74137
tel: (918) 497-5515   Web Site
EIN: 73-1329755

Board Leadership
Michael G. Loudin
Foundation Chair

CEO
Michael G. Loudin
Foundation Chair

  Score
(out of 100)
Rating
Overall Score & Rating 86.97 three stars
  Financial 81.58 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 09/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The SEG Foundation advances geophysics today and inspires geoscientists for tomorrow through funding innovative activities and grant programs that benefit geophysicists, their professional community, the Society of Exploration Geophysicists, and the general public. The SEG community is facing two great challenges: the first is advancing geophysics today by promoting technical innovation and providing professional support to an increasingly global community of members; the second is attracting and inspiring young geoscientists to meet society's needs tomorrow for leading edge geophysics in an even more resource hungry and environmentally concerned world.

The SEG Foundation advances geophysics today and inspires geoscientists for tomorrow through funding innovative activities and grant programs that benefit geophysicists, their professional community, the Society of Exploration Geophysicists, and the general public. The SEG community is facing two great challenges: the first is advancing geophysics today by promoting technical innovation and providing professional support to an increasingly global community of members; the second is attracting and inspiring young geoscientists to meet society's needs tomorrow for leading edge geophysics in an even more resource hungry and environmentally concerned world.

Impact Information

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Financial

three stars

81.58

Accountability & Transparency

four stars

100.00

This rating was published 09/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.8%
  Administrative Expenses 12.5%
  Fundraising Expenses 5.5%
  Fundraising Efficiency $0.12
  Working Capital Ratio (years) 2.67
  Program Expenses Growth -2.8%
  Liabilities to Assets 4.4%
All data for Financial Performance Metrics calculations was provided by SEG Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by SEG Foundation on recent 990s filed with the IRS.

Constituent Voice

Charity Navigator believes collecting feedback from the people an organization serves can make it more effective. That is why we're partnering with GuideStar by Candid to share Constituent Voice information with you. Here's how this organization is listening and learning from its constituents:
How is the organization collecting feedback?
Suggestion box/email
How is the organization using feedback?
To identify and remedy poor client service experiences, To strengthen relationships with the people we serve
With whom is the organization sharing feedback?
Our staff, Our board
What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Describe a recent change in your organization that resulted from feedback.
From feedback received by a donor, we were able to make changes to our automated online giving acknowledgement that more clearly stated that an entire contribution to the organization, regardless of the amount given or program supported, was entirely tax deductible (in the US)
This Constituent Voice information is provided to us by Candid. At this time, Constituent Voice information published on this organization's page has no effect on its rating per our methodology.

Highly Rated

Charity Name & State Overall Score Overall Rating
SEG Foundation (OK) 86.97 three stars
Philanthropy Ohio (OH) 89.95 three stars
PowerMyLearning (NY) 94.28 four stars
Summit Academy OIC (MN) 93.31 four stars
Academy of Achievement (DC) 85.55 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,701,610
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,701,610
   Program Service Revenue $0
Total Primary Revenue $1,701,610
   Other Revenue $744,751
TOTAL REVENUE $2,446,361
   
EXPENSES  
   Program Expenses $2,318,796
   Administrative Expenses $321,855
   Fundraising Expenses $135,855
TOTAL FUNCTIONAL EXPENSES $2,776,506
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-330,145
   
Net Assets $20,020,567

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 09/01/2020 86.97 three stars
2018-12 07/01/2020 86.67 three stars
2018-12 04/01/2020 84.82 three stars
2017-12 03/01/2019 85.10 three stars
2016-12 03/01/2018 83.39 three stars
2015-12 03/01/2017 82.06 three stars
2014-12 06/01/2016 81.42 three stars
 
CN 2.0
2014-12 02/01/2016 81.77 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 73-1329755
Name in IRS Master File SEG FOUNDATION
NTEE Code U11
NTEE Classification Single Organization Support
NTEE Type Science and Technology Research Institutes, Services
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (199) Other scientific research activities
Foundation Status Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above.  509(a)(3)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 1988
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
Not compensated -- Michael Loudin President

Highly Rated

Charity Name & State Overall Score Overall Rating
SEG Foundation (OK) 86.97 three stars
The Forte Foundation (TX) 85.94 three stars
Great Lakes Women's Business Council (MI) 87.70 three stars
Jobs For America's Graduates (VA) 91.45 four stars
JobTrain (CA) 89.99 three stars

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This charity has an official representative registered with Charity Navigator.

Constituent Voice

This organization is sharing information on how they communicate with stakeholders to better inform your giving.

Charity Contact Info

SEG Foundation
8801 South Yale Avenue
Suite 500
Tulsa, OK 74137
tel: (918) 497-5515
fax: (918) 497-5558
EIN: 73-1329755

Visit Web Site

Board Leadership

Michael G. Loudin
Foundation Chair

CEO

Michael G. Loudin
Foundation Chair

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