﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-11-14T13:32:31-05:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>830582769</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ASCENSION CPA PLLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>2123 SW 119TH ST STE A</AddressLine1Txt>
        <CityNm>OKLAHOMA CITY</CityNm>
        <StateAbbreviationCd>OK</StateAbbreviationCd>
        <ZIPCd>73170</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990EZ</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>842304474</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>SOUTHWEST ACADEMY OF MANAGEMENT</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>SOUT</BusinessNameControlTxt>
      <PhoneNum>8066512504</PhoneNum>
      <USAddress>
        <AddressLine1Txt>2250 HUNTERS CREEK RD APT 3319</AddressLine1Txt>
        <CityNm>DENTON</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>76210</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>EMILY HAMMER</PersonNm>
      <PersonTitleTxt>TREASURER</PersonTitleTxt>
      <PhoneNum>8066512504</PhoneNum>
      <SignatureDt>2024-11-14</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>JAMIE WARD</PreparerPersonNm>
      <PTIN>P01301594</PTIN>
      <PhoneNum>4057592796</PhoneNum>
      <PreparationDt>2024-11-14</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2024-10-15 13:58:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="3">
    <IRS990EZ documentId="RetDoc1" referenceDocumentId="RetDoc2">
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
      <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
      <Organization501c3Ind referenceDocumentId="RetDoc3">X</Organization501c3Ind>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <GrossReceiptsAmt>12506</GrossReceiptsAmt>
      <InfoInScheduleOPartIInd>X</InfoInScheduleOPartIInd>
      <ContributionsGiftsGrantsEtcAmt>1575</ContributionsGiftsGrantsEtcAmt>
      <ProgramServiceRevenueAmt>10916</ProgramServiceRevenueAmt>
      <InvestmentIncomeAmt>15</InvestmentIncomeAmt>
      <TotalRevenueAmt>12506</TotalRevenueAmt>
      <FeesAndOtherPymtToIndCntrctAmt>8287</FeesAndOtherPymtToIndCntrctAmt>
      <OtherExpensesTotalAmt>11021</OtherExpensesTotalAmt>
      <TotalExpensesAmt>19308</TotalExpensesAmt>
      <ExcessOrDeficitForYearAmt>-6802</ExcessOrDeficitForYearAmt>
      <NetAssetsOrFundBalancesBOYAmt>23443</NetAssetsOrFundBalancesBOYAmt>
      <OtherChangesInNetAssetsAmt>20433</OtherChangesInNetAssetsAmt>
      <NetAssetsOrFundBalancesEOYAmt>37074</NetAssetsOrFundBalancesEOYAmt>
      <CashSavingsAndInvestmentsGrp>
        <BOYAmt>23443</BOYAmt>
        <EOYAmt>37074</EOYAmt>
      </CashSavingsAndInvestmentsGrp>
      <Form990TotalAssetsGrp>
        <BOYAmt>23443</BOYAmt>
        <EOYAmt>37074</EOYAmt>
      </Form990TotalAssetsGrp>
      <NetAssetsOrFundBalancesGrp>
        <BOYAmt>23443</BOYAmt>
        <EOYAmt>37074</EOYAmt>
      </NetAssetsOrFundBalancesGrp>
      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <PrimaryExemptPurposeTxt>TO PROMOTE THE ADVANCEMENT OF TEACHING, RESEARCH AND PRACTICE IN THE ACADEMIC FIELD OF MANAGEMENT. TO ACHIEVER THIS OBJECTIVE, THE SOUTHWEST ACADEMY OF MANAGEMENT(SWAM) SHALL PROVIDE AN ANNUAL CONFERENCE AND OTHER MECHANISMS FOR THE INTERCHANGE OF IDEAS, EXPERIENCE, AND INFORMATION AMONG EDUCATORS IN COLLEGIATE SCHOOLS OF BUSINESS AND OTHERS WHO HAVE AN INTEREST IN THE DEVELPMENT, EXTENSION, UNIFICATION AND APPLICATION OF KNOWLEDGE PERTAINING TO MANAGEMENT.</PrimaryExemptPurposeTxt>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>EDUCATION CONFERENCE</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>11021</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <TotalProgramServiceExpensesAmt>11021</TotalProgramServiceExpensesAmt>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>KENNETH SWEET</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>ROBERT LLOYD</PersonNm>
        <TitleTxt>PRESIDENT EL</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>EMILY HAMMER</PersonNm>
        <TitleTxt>TREASURER</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>ANDREW ELLESTAD</PersonNm>
        <TitleTxt>SECRETARY</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>BRADLEY WINTON</PersonNm>
        <TitleTxt>TRACK CHAIR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>LEE TYNER</PersonNm>
        <TitleTxt>MEDIA DIRECT</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>JUSTIN WAREHAM</PersonNm>
        <TitleTxt>REPRESENTATI</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>STEPHANIE BLACK</PersonNm>
        <TitleTxt>REPRESENTATI</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
      <ChgMadeToOrgnzngDocNotRptInd>false</ChgMadeToOrgnzngDocNotRptInd>
      <OrganizationHadUBIInd>false</OrganizationHadUBIInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
      <Form1120PolFiledInd>false</Form1120PolFiledInd>
      <MadeLoansToFromOfficersInd>false</MadeLoansToFromOfficersInd>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <BooksInCareOfDetail>
        <BusinessName>
          <BusinessNameLine1Txt>SOUTHWEST ACADEMY OF MANAGEMENT</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>SOUTHWEST ACADEMY OF MANAGEMENT</BusinessNameLine2Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>2250 HUNTERS CREEK RD 3329</AddressLine1Txt>
          <AddressLine2Txt>2250 HUNTERS CREEK RD 3329</AddressLine2Txt>
          <CityNm>DENTON</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>76210</ZIPCd>
        </USAddress>
        <PhoneNum>8066512504</PhoneNum>
      </BooksInCareOfDetail>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <DonorAdvisedFndsInd>false</DonorAdvisedFndsInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <TanningServicesProvidedInd>false</TanningServicesProvidedInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TransactionWithControlEntInd>false</TransactionWithControlEntInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SchoolOperatingInd>false</SchoolOperatingInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <PartVIOfCompOfHghstPdEmplTxt>NONE</PartVIOfCompOfHghstPdEmplTxt>
      <PartVIHghstPdCntrctProfSrvcTxt>NONE</PartVIHghstPdCntrctProfSrvcTxt>
      <FiledScheduleAInd>true</FiledScheduleAInd>
    </IRS990EZ>
    <IRS990ScheduleA documentId="RetDoc3">
      <PubliclySupportedOrg509a2Ind>X</PubliclySupportedOrg509a2Ind>
      <GiftsGrantsContrisRcvd509Grp>
        <CurrentTaxYearMinus3YearsAmt>425</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus1YearAmt>10552</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1575</CurrentTaxYearAmt>
        <TotalAmt>12552</TotalAmt>
      </GiftsGrantsContrisRcvd509Grp>
      <GrossReceiptsAdmissionsGrp>
        <CurrentTaxYearMinus4YearsAmt>8880</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>13255</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearAmt>10931</CurrentTaxYearAmt>
        <TotalAmt>33066</TotalAmt>
      </GrossReceiptsAdmissionsGrp>
      <Total509Grp>
        <CurrentTaxYearMinus4YearsAmt>8880</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>13680</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus1YearAmt>10552</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>12506</CurrentTaxYearAmt>
        <TotalAmt>45618</TotalAmt>
      </Total509Grp>
      <PublicSupportTotal509Amt>45618</PublicSupportTotal509Amt>
      <TotalSupportCalendarYearGrp>
        <CurrentTaxYearMinus4YearsAmt>8880</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>13680</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus1YearAmt>10552</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>12506</CurrentTaxYearAmt>
        <TotalAmt>45618</TotalAmt>
      </TotalSupportCalendarYearGrp>
      <PublicSupportCY509Pct>1.00000</PublicSupportCY509Pct>
      <PublicSupportPY509Pct>1.00000</PublicSupportPY509Pct>
      <InvestmentIncomeCYPct>0.00000</InvestmentIncomeCYPct>
      <InvestmentIncomePYPct>0.00000</InvestmentIncomePYPct>
      <ThirtyThrPctSuprtTestsCY509Ind>X</ThirtyThrPctSuprtTestsCY509Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleO documentId="RetDoc2">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 16</FormAndLineReferenceDesc>
        <ExplanationTxt>EXPENSES ADVERTISING 298 ENTREPRENEUR LUNCHEON 500 PHD STIPENDS 7,500 MEALS 1,504 HOTELS FOR INVITED GUESTS 1,219 TOTAL 11,021</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 20</FormAndLineReferenceDesc>
        <ExplanationTxt>BEGINNING CASH INCORRECT 16,384 PPA 4,049</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>TO PROMOTE THE ADVANCEMENT OF TEACHING, RESEARCH AND PRACTICE IN THE ACADEMIC FIELD OF MANAGEMENT. TO ACHIEVER THIS OBJECTIVE, THE SOUTHWEST ACADEMY OF MANAGEMENT(SWAM) SHALL PROVIDE AN ANNUAL CONFERENCE AND OTHER MECHANISMS FOR THE INTERCHANGE OF IDEAS, EXPERIENCE, AND INFORMATION AMONG EDUCATORS IN COLLEGIATE SCHOOLS OF BUSINESS AND OTHERS WHO HAVE AN INTEREST IN THE DEVELPMENT, EXTENSION, UNIFICATION AND APPLICATION OF KNOWLEDGE PERTAINING TO MANAGEMENT.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>