2025-11-11T10:17:49-06:00 2024-12-31 946214841 ARMANINO ADVISORY LLC 6 CITYPLACE DRIVE SUITE 900 ST LOUIS MO 63141 990 2024-01-01 486121424 THE SOCIETY FOR THE STUDY OF EVOLUTION SOCI 3145779554 4344 SHAW BLVD ST LOUIS MO 63110 AMBER RICE SECRETARY 3145779554 2025-11-08 1 1 JENNIFER M VACHA P01251998 3149831200 2025-11-06 2024 2025-03-06 01:10:19Z DR HOWARD RUNDLE 4344 SHAW BLVD ST LOUIS MO 63110 2498435 0 X WWW.EVOLUTIONSOCIETY.ORG X 1946 CO ADVANCE KNOWLEDGE OF EVOLUTIONARY BIOLOGY FOR THE BENEFIT OF SCIENCE AND SOCIETY 19 17 0 1400 0 0 8251 6277 1227878 2090782 153585 379798 1226 1578 1390940 2478435 325745 293763 0 0 25000 55800 0 0 0 927236 1451882 1277981 1801445 112959 676990 5779904 6656303 0 0 5779904 6656303 X THE SOCIETY FOR THE STUDY OF EVOLUTION PROMOTES EVOLUTIONARY BIOLOGY RESEARCH, EDUCATION, APPLICATION, OUTREACH, AND COMMUNITY BUILDING IN AN EQUITABLE AND GLOBALLY INCLUSIVE MANNER. 0 0 1026295 1322801 THE EVOLUTION MEETING IS HELD JOINTLY BY THE SOCIETY FOR THE STUDY OF EVOLUTION (SSE), THE AMERICAN SOCIETY OF NATURALISTS (ASN), AND THE SOCIETY OF SYSTEMATIC BIOLOGISTS (SSB). THE 2024 MEETING WAS HELD IN MONTREAL, CANADA. THE MEETING BRINGS TOGETHER MEMBERS TO COMMUNICATE SCIENCE WITH ORAL PRESENTATIONS, POSTER PRESENTATIONS AND VARIOUS MIXERS TO DISCUSS SPECIFIC TOPICS.PAST MEETINGS WERE HELD IN CHICO, CA; FORT COLLINS, CO; FAIRBANKS, AK; STONY BROOK, NY; CHRISTCHURCH, NZ; MINNEAPOLIS, MN; MOSCOW, ID; PORTLAND, OR; NORMAN, OK; OTTAWA, CANADA; SNOWBIRD, UT; RALEIGH, NC; GUARUJA, BRAZIL; AUSTIN, TX; PORTLAND, OR; MONTPELLIER, FRANCE; PROVIDENCE, RI; CLEVELAND, OH; AND...(CONTINUED ON SCHEDULE O) ALBUQUERQUE, NEW MEXICO. THE 2020 MEETING WAS CANCELLED BECAUSE OF THE COVID-19 PANDEMIC AND THE 2021 MEETING WAS HELD VIRTUALLY. SINCE 2022 THERE HAS ALSO BEEN A VIRTUAL COMPONENT TO THE CONFERNECE ON NON-OVERLAPPING DAYS. 293763 293763 THE SOCIETY GRANTS VARIOUS AWARDS INCLUDING: THE STEPHEN JAY GOULD PRIZE IS AWARDED TO RECOGNIZE INDIVIDUALS WHOSE SUSTAINED AND EXEMPLARY EFFORTS HAVE ADVANCED PUBLIC UNDERSTANDING OF EVOLUTIONARY SCIENCE AND ITS IMPORTANCE IN BIOLOGY, EDUCATION, AND EVERYDAY LIFE IN THE SPIRIT OF STEPHEN JAY GOULD. SEE SCHEDULE O FOR A CONTINUATION OF ALL THE AWARDS.THE THEODOSIUS DOBZHANSKY PRIZE IS AWARDED TO RECOGNIZE THE ACCOMPLISHMENTS AND FUTURE PROMISE OF AN OUTSTANDING YOUNG EVOLUTIONARY BIOLOGIST. THE PRIZE WAS ESTABLISHED IN MEMORY OF PROFESSOR DOBZHANSKY BY HIS FRIENDS AND COLLEAGUES, AND REFLECTS HIS LIFELONG COMMITMENT TO FOSTERING THE RESEARCH CAREERS OF YOUNG SCIENTISTS. THE SSE PRESIDENTS AWARD RECOGNIZES AN OUTSTANDING PH.D. DISSERTATION PAPER PUBLISHED IN THE JOURNAL "EVOLUTION" DURING A GIVEN CALENDAR YEAR. THE W.D. HAMILTON AWARD IS GIVEN TO A STUDENT WHO HAS PRESENTED AN OUTSTANDING TALK AT THE ANNUAL MEETING. FINALISTS SELECTED TO PRESENT IN THE HAMILTON SYMPOSIUM ALSO RECEIVE AN AWARD. THE R.C. LEWONTIN GRADUATE STUDENT RESEARCH EXCELLENCE AWARDS ARE GIVEN TO ASSIST STUDENTS IN THE EARLY STAGES OF THEIR PH.D. PROGRAMS. THE ROSEMARY GRANT GRADUATE STUDENT RESEARCH EXCELLENCE AWARDS ARE GIVEN TO ASSIST STUDENTS IN LATER STAGES OF THEIR PH.D. PROGRAMS.THE THOMAS HENRY HUXLEY AWARD RECOGNIZES OUTREACH AND EDUCATION ACHIEVEMENT FOR EARLY AND MID-CAREER SCIENTISTS. THE ASN/SSE/SSB INCLUSIVENESS, DIVERSITY, EQUITY, AND ACCESS (IDEA) AWARD WAS CREATED IN 2019 BY THE AMERICAN SOCIETY OF NATURALISTS (ASN), THE SOCIETY FOR THE STUDY OF EVOLUTION (SSE), AND THE SOCIETY OF SYSTEMATIC BIOLOGISTS (SSB). THE IDEA AWARD IS GIVEN TO A PERSON AT ANY CAREER STAGE WHO HAS STRENGTHENED THE ECOLOGY AND EVOLUTIONARY BIOLOGY COMMUNITY BY PROMOTING INCLUSIVENESS AND DIVERSITY IN OUR FIELDS. THE LIFETIME ACHIEVEMENT AWARD WAS CREATED TO RECOGNIZE INDIVIDUALS WHO HAVE MADE SUBSTANTIAL CONTRIBUTIONS TO THE STUDY OF EVOLUTION, WHO HAVE DEMONSTRATED OUTSTANDING MENTORSHIP OF TRAINEES, AND/OR WHO HAVE PROVIDED NOTEWORTHY SERVICE TO THE EVOLUTION COMMUNITY.OTHER AWARDS INCLUDE SMALL GRANTS FOR OUTREACH AND EDUCATION PROJECTS, SUPPORT FOR PROFESSIONAL DEVELOPMENT WORKSHOPS AND SYMPOSIA, SUPPORT FOR EVENTS AT THE ANNUAL MEETING, AND VARIOUS AWARDS FOR ATTENDANCE AT THE ANNUAL MEETING. 241084 649183 PUBLICATIONS - THE SOCIETY PUBLISHES A JOURNAL IN THE FIELD OF EVOLUTION ("EVOLUTION") AND OTHER PUBLICATIONS. "EVOLUTION" IS A PREMIER PUBLICATION DEVOTED TO THE STUDY OF ORGANIC EVOLUTION AND THE INTEGRATION OF THE VARIOUS FIELDS OF SCIENCE CONCERNED WITH EVOLUTION. THE JOURNAL IS PUBLISHED MONTHLY AND PRESENTS SIGNIFICANT AND ORIGINAL RESULTS THAT EXTEND OUR UNDERSTANDING OF EVOLUTIONARY PHENOMENA AND PROCESSES. VOLUME 1 NO. 1/2 WAS PUBLISHED MAR-JUN 1947. STARTING IN 2017, THE ORGANIZATION JOINTLY PUBLISHED ANOTHER JOURNAL CALLED "EVOLUTION LETTERS" WITH THE EUROPEAN SOCIETY OF EVOLUTION BIOLOGY. 19650 118798 OTHER PROGRAMS INCLUDE EDUCATION OUTREACH IN VARIOUS FORMS INCLUDING VIRTUAL SYMPOSIA, AND OTHER OUTREACH ACTIVITIES TO STUDENTS AND THE GENERAL PUBLIC TO PROMOTE SIGNIFICANT ACHIEVEMENTS AND MILESTONES IN EVOLUTION. 19650 118798 1580792 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 17 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 0 1 1 0 X SSE BUSINESS OFFICE 3145779554 4344 SHAW BLVD ST LOUIS MO 63110 ANNE CHARMANTIER PRESIDENT 1.00 X X 0 0 0 CAROL BOGGS PRESIDENT-ELECT 1.00 X X 0 0 0 KELLY ZAMUDIO PAST PRESIDENT 1.00 X X 0 0 0 DR HOWARD RUNDLE EXECUTIVE VICE PRESIDENT 15.00 X X 15000 0 0 MARIA DEL ROSARIO CASTANEDA VICE PRESIDENT 1.00 X X 0 0 0 MICHAEL WHITLOCK VICE PRESIDENT 1.00 X X 0 0 0 SARAH SCHAACK SECRETARY 12.00 X X 0 0 0 COURTNEY MURREN TREASURER 8.00 X X 0 0 0 JASON WOLF EDITOR-IN-CHIEF 11.00 X X 40800 0 0 REGINA BAUCOM MEMBER 1.00 X 0 0 0 NANCY CHEN MEMBER 1.00 X 0 0 0 HAOSU CONG MEMBER 1.00 X 0 0 0 ROBERT DRIVER MEMBER 1.00 X 0 0 0 DANIELLE EDWARDS MEMBER 1.00 X 0 0 0 ROSA SANCHEZ GUILLEN MEMBER 1.00 X 0 0 0 MARTHA MUNOZ MEMBER 1.00 X 0 0 0 AMBER RICE MEMBER 1.00 X 0 0 0 ROBIN TINGHITELLA MEMBER 1.00 X 0 0 0 KATIE WAGNER MEMBER 1.00 X 0 0 0 55800 0 0 0 0 0 0 MAESTRO CULINAIRE 159 RUE SAINT-ANTOINE 4TH FLOOR MONTREAL QUEBEC CA H2Z 2A7 CATERING 312402 TKNL INC 1349 GAY-LUSSAC BOUCHERVILLE QUEBEC CA J4B 7K1 AV SERVICES 210659 ECV MONTREAL LP 420 SHERBROOKE ST W MONTREAL QUEBEC CA H3A 1B2 HOUSING/SHORT-TERM RENTAL 146456 LAS OLAS 2140 RUE DE LA METROPOLE LONGUEUIL QUEBEC CA J4G 1R5 CATERING 101720 4 6277 6277 REGISTRATIONS 513120 1322801 1322801 PUBLICATIONS 513120 649183 649183 DUES 513120 118798 118798 2090782 263011 263011 136787 20000 116787 116787 116787 OTHER INCOME 900099 1578 1578 1578 2478435 2090782 0 381376 X 160304 160304 81300 81300 52159 52159 55800 40800 15000 25 25 12863 12863 30000 30000 307754 193993 113761 62758 58095 4663 2149 475 1674 36306 35072 1234 985137 946764 38373 3060 3060 PUBLICATION EXPENSE 11830 11830 1801445 1580792 220653 0 X 444204 611988 179408 5335700 5864907 5779904 6656303 0 0 X 5779904 6656303 5779904 6656303 5779904 6656303 676990 199409 0 X X 1 X 0 0 0 X 31179 12695 8186 8251 6277 66588 506560 668283 1493824 1227878 2090782 5987327 537739 680978 1502010 1236129 2097059 6053915 15000 493 328 15821 0 15000 493 328 15821 6038094 135046 267102 142228 155390 263011 962777 135046 267102 142228 155390 263011 962777 982 1469 1226 1578 5255 673767 948080 1645707 1392745 2361648 7021947 0.85990 0.85960 0.13710 0.13490 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 982. 2022 AMOUNT: $ 1,469. 2023 AMOUNT: $ 1,226. 2024 AMOUNT: $ 1,578. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 AWARDS AND PROGRAM SERVICES AWARDS, EDUCATION AND MEETINGS 887117 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 AWARDS AND PROGRAM SERVICES AWARDS, EDUCATION AND MEETINGS 178897 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 AWARDS AND PROGRAM SERVICES AWARDS, EDUCATION AND MEETINGS 24580 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 AWARDS AND PROGRAM SERVICES AWARDS, EDUCATION AND MEETINGS 18654 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 AWARDS AND PROGRAM SERVICES AWARDS, EDUCATION AND MEETINGS 2170 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 AWARDS AND PROGRAM SERVICES AWARDS, EDUCATION AND MEETINGS 375 RUSSIA AND NEIGHBORING STATES 0 0 AWARDS AND PROGRAM SERVICES AWARDS, EDUCATION AND MEETINGS 30 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 AWARDS AND PROGRAM SERVICES AWARDS, EDUCATION AND MEETINGS 10 0 0 0 0 0 0 1111833 0 1111833 RESEARCH OR MEETING ATTENDANCE AWARDS SOUTH AMERICA 20 13253 WIRE, CHECK OR REGISTRATION CODE RESEARCH OR MEETING ATTENDANCE AWARDS EUROPE 21 10962 WIRE OR REGISTRATION CODE RESEARCH OR MEETING ATTENDANCE AWARDS NORTH AMERICA 22 9277 WIRE, CHECK OR REGISTRATION CODE RESEARCH OR MEETING ATTENDANCE AWARDS EAST ASIA AND THE PACIFIC 12 3255 WIRE OR REGISTRATION CODE RESEARCH OR MEETING ATTENDANCE AWARDS SOUTH ASIA 34 1580 WIRE OR REGISTRATION CODE RESEARCH OR MEETING ATTENDANCE AWARDS SUB-SAHARAN AFRICA 1 325 WIRE OR REGISTRATION CODE RESEARCH OR MEETING ATTENDANCE AWARDS RUSSIA AND NEIGHBORING STATES 1 30 WIRE OR REGISTRATION CODE RESEARCH OR MEETING ATTENDANCE AWARDS CENTRAL AMERICA AND THE CARIBBEAN 1 10 WIRE OR REGISTRATION CODE 0 0 0 0 0 0 PART I, LINE 2: THE SOCIETY FOR THE STUDY OF EVOLUTION IS AN INTERNATIONAL SOCIETY. JOURNAL EDITORS, MEETING OFFICERS, BOARD MEMBERS, MEETING PANELISTS, AND MEETING SESSION CHAIRS ARE EMPLOYED AT UNIVERSITIES OUTSIDE THE UNITED STATES. THE PROGRAM SERVICES INCLUDE TRAVEL REIMBURSEMENTS AND STIPENDS. THE SOCIETY PROVIDES AWARDS TO RECOGNIZE INDIVIDUALS WHO, THROUGH WRITINGS, TEACHINGS, AND OTHER OUTREACH ACTIVITIES, ADVANCE THE UNDERSTANDING OF EVOLUTIONARY SCIENCE AND ITS IMPORTANCE IN BIOLOGY, EDUCATION, AND LIFE. THE SOCIETY PROVIDES FUNDING FOR STUDENTS AND POST DOCTORAL INDIVIDUALS TO ATTEND SCIENTIFIC SYMPOSIA/MEETINGS; FUNDING FOR GRADUATE STUDENTS TO CONDUCT RESEARCH IN EVOLUTIONARY BIOLOGY; AND FUNDING FOR GRADUATE STUDENTS, POST DOCS AND FACULTY TO DO EDUCATION AND OUTREACH RELATED TO EVOLUTIONARY BIOLOGY. TO MONITOR THE USE OF THIS FUNDING, WE USE A VARIETY OF MEASURES, INCLUDING REQUIRING RECEIPTS FOR REIMBURSEMENT, REQUIRING PROOF OF ATTENDANCE AT THE SYMPOSIUM/MEETING FOR WHICH AN AWARD WAS RECEIVED, REQUIRING A DETAILED BUDGET, AND/OR REQUIRING THAT FUNDS BE DEPOSITED IN INSTITUTIONAL ACCOUNTS. 1 DUKE UNIVERSITY BOX 90338 DURHAM NC 27708 560532129 501(C)(3) 72581 0 STIPEND WHIO MANAGEMENT LLC 726 MIAMI PASS MADISON WI 53711 920297934 40617 0 STIPEND REED COLLEGE 3203 SE WOODSTOCK BLVD PORTLAND OR 97202 930386908 501(C)(3) 12000 0 STIPEND COLLEGE OF CHARLESTON FOUNDATION 66 GEORGE STREET CHARLESTON SC 29424 237069236 501(C)(3) 10000 0 STIPEND THE REGENTS OF THE UNIVERSITY OF CALIFORNIA 111 FRANKLIN STREET OAKLAND CA 94607 943067788 501(C)(3) 9498 0 AWARD UNIVERSITY OF GEORGIA RESEARCH FOUNDATION INC 310 GREEN STREET ATHENS GA 30602 581353149 501(C)(3) 8465 0 AWARD COLUMBIA UNIVERSITY 615 W 131ST STREET NEW YORK NY 10027 135598093 501(C)(3) 7143 0 AWARD 6 1 SOCIETY AWARDS AND PRIZES 89 81300 PART I, LINE 2: THE SOCIETY PROVIDES AWARDS TO RECOGNIZE INDIVIDUALS WHO, THROUGH WRITINGS, TEACHINGS, AND OTHER ACTIVITIES, ADVANCE THE UNDERSTANDING OF EVOLUTIONARY SCIENCE AND ITS IMPORTANCE IN BIOLOGY, EDUCATION, AND LIFE. THE SOCIETY PROVIDES FUNDING FOR STUDENTS AND POST DOCTORAL INDIVIDUALS. GRANTS ARE MADE TO ATTEND SCIENTIFIC SYMPOSIA/MEETINGS; FUNDING FOR GRADUATE STUDENTS TO CONDUCT RESEARCH IN EVOLUTIONARY BIOLOGY; AND FUNDING FOR GRADUATE STUDENTS, POST DOCS AND FACULTY TO DO EDUCATION AND OUTREACH RELATED TO EVOLUTIONARY BIOLOGY. TO MONITOR THE USE OF THIS FUNDING, WE USE A VARIETY OF MEASURES, INCLUDING REQUIRING RECEIPTS FOR REIMBURSEMENT, REQUIRING PROOF OF ATTENDANCE AT THE SYMPOSIUM/MEETING FOR WHICH AN AWARD WAS RECEIVED, REQUIRING A DETAILED BUDGET, AND/OR REQUIRING THAT FUNDS BE DEPOSITED IN INSTITUTIONAL ACCOUNTS. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE MULTIPLE CATEGORIES OF MEMBERS, EACH OF WHICH CARRIES ELECTRONIC ACCESS TO THE JOURNAL OF THE SOCIETY, THE RIGHT TO VOTE IN SOCIETY ELECTIONS, AND ALL OTHER PRIVILEGES OF MEMBERSHIP. ALL MEMBERS IN GOOD STANDING HAVE VOTING RIGHTS. THE MEMBER AND ASSOCIATE MEMBER IN A FAMILY SHALL HAVE SEPARATE VOTES. FORM 990, PART VI, SECTION A, LINE 7A NOT LESS THAN SIX MONTHS PRIOR TO AN ELECTION, THE PRESIDENT SHALL APPOINT A NOMINATING COMMITTEE OF THREE MEMBERS. THE COMMITTEE SHALL BE CHAIRED BY THE SENIOR MEMBER. IT IS THE DUTY OF THE COMMITTEE, AFTER RECEIVING THE MEMBERSHIP PROPOSALS FOR EACH OFFICE, EXCEPT FOR THE OFFICES OF EXECUTIVE VICE-PRESIDENT, TREASURER, AND SECRETARY, FOR EACH OF WHICH A SINGLE NOMINATION SHALL BE MADE, AND THE OFFICE OF THE EDITOR OF THE JOURNAL, WHO SHALL RUN UNOPPOSED AND BE NOMINATED BY AN INDEPENDENT SEARCH COMMITTEE. IN SELECTING CANDIDATES, DUE CONSIDERATION SHALL BE GIVEN TO REPRESENTATION OF THE VARIOUS FIELDS OF INTEREST TO THE SOCIETY. THE COMMITTEE SHALL TRANSMIT ITS NOMINATIONS TO THE SECRETARY AT LEAST THREE MONTHS PRIOR TO THE ELECTION. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE CONSTITUTION REQUIRE APPROVAL OF THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS REVIEWED BY THE TREASURER. CHANGES, IF ANY, ARE INCORPORATED AND THE RETURN IS FINALIZED FOR SUBMISSION TO THE IRS. A COPY OF THE RETURN IS THEN MADE AVAILABLE TO THE REST OF THE COUNCIL. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST MUST BE DISCLOSED TO THE COUNCIL BY THE PERSON IN CONFLICT AS SOON AS THEY ARE AWARE OF THEM. THE COUNCIL MAY THEN DECIDE TO ALLOW THE CONFLICT OR APPROVE AN ALTERNATIVE ACTION THAT AVOIDS THE CONFLICT, OR MITIGATES IT. COUNCILORS OR OFFICERS FOR WHOM A CONFLICT EXISTS MUST RECUSE THEMSELVES FROM VOTING ON THE MATTER. IN ADDITION, ALL COUNCILORS AND OFFICERS MUST SIGN A DISCLOSURE OF ALL CONFLICTS OF INTEREST ANNUALLY AND UPDATE IT IF CHANGES TO THE DISCLOSURE ARE NEEDED. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINES 15A AND 15B: COMPENSATION AWARDED IS SUBJECT TO REVIEW AND APPROVAL BY NON-INTERESTED MEMBERS OF THE COUNCIL. COMPARABILITY DATA OF OTHER SIMILAR SOCIETIES IS CONSIDERED IN THE DELIBERATION AND DECISION-MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT LABOR AND STIPENDS: PROGRAM SERVICE EXPENSES 187,277. MANAGEMENT AND GENERAL EXPENSES 58,291. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 245,568. BUSINESS SUPPORT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 52,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,500. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 6,716. MANAGEMENT AND GENERAL EXPENSES 2,970. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,686. FORM 990, PART XII, LINE 1: THE SOCIETY FOR THE STUDY OF EVOLUTION USES THE MODIFIED CASH BASIS OF ACCOUNTING.