Civic Intelligence

Society of Women Engineers

EIN 13-1947735 • 501(c)3 • Chicago, IL

View Organization Page

Profile

The society's mission is to stimulate women to achieve full potential in careers as engineers and leaders, expand the image of the engineering profession as a positive force in improving the quality of life, and demonstrate the value of diversity.

130 E Randolph Street 3500Chicago, IL 60601

swe.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.48x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.46x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

20th percentile

-7.8%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$444,503

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

50th percentile

4.4%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

11%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$18,844,859

Up $789,360 (+4.4%) from 2023

Liabilities

Up

$9,128,051

Up $1,505,063 (+20%) from 2023

Net Assets

Down

$9,716,808

Down $715,703 (-6.9%) from 2023

Operations
Liabilities / Revenue68th percentileNet Margin20th percentile

Revenue

Up

$19,652,127

Up $2,013,318 (+11%) from 2023

Expenses

Up

$21,186,578

Up $3,609,689 (+21%) from 2023

Net Income

Down

-$1,534,451

Down $1,596,371 (-2578%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $8,484,411Liabilities 2010: $2,361,756Net Assets 2010: $6,122,6552010Assets 2011: $9,313,692Liabilities 2011: $2,707,777Net Assets 2011: $6,605,9152011Assets 2012: $9,344,465Liabilities 2012: $2,433,358Net Assets 2012: $6,911,1072012Assets 2013: $10,272,161Liabilities 2013: $2,856,909Net Assets 2013: $7,415,2522013Assets 2014: $11,698,106Liabilities 2014: $3,239,326Net Assets 2014: $8,458,7802014Assets 2015: $12,170,416Liabilities 2015: $3,538,694Net Assets 2015: $8,631,7222015Assets 2016: $12,015,723Liabilities 2016: $3,359,946Net Assets 2016: $8,655,7772016Assets 2017: $12,362,861Liabilities 2017: $4,471,200Net Assets 2017: $7,891,6612017Assets 2018: $12,226,193Liabilities 2018: $4,979,715Net Assets 2018: $7,246,4782018Assets 2019: $12,245,256Liabilities 2019: $5,156,225Net Assets 2019: $7,089,0312019Assets 2020: $11,455,924Liabilities 2020: $3,542,892Net Assets 2020: $7,913,0322020Assets 2021: $12,828,747Liabilities 2021: $3,252,498Net Assets 2021: $9,576,2492021Assets 2022: $14,023,444Liabilities 2022: $4,383,278Net Assets 2022: $9,640,1662022Assets 2023: $18,055,499Liabilities 2023: $7,622,988Net Assets 2023: $10,432,5112023Assets 2024: $18,844,859Liabilities 2024: $9,128,051Net Assets 2024: $9,716,8082024

Highlighted filing

2024

Assets$18,844,859
Liabilities$9,128,051
Net Assets$9,716,808
Open 2024 Filing

Operations Trend

Revenue Growth58th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $6,926,3882010Expenses 2011: $7,010,4122011Expenses 2012: $7,770,3062012Revenue 2013: $8,170,217Expenses 2013: $7,783,431Net Income 2013: $386,7862013Revenue 2014: $8,799,939Expenses 2014: $8,027,957Net Income 2014: $771,9822014Revenue 2015: $9,344,351Expenses 2015: $9,128,724Net Income 2015: $215,6272015Revenue 2016: $10,564,424Expenses 2016: $10,616,986Net Income 2016: -$52,5622016Revenue 2017: $10,879,439Expenses 2017: $11,873,481Net Income 2017: -$994,0422017Revenue 2018: $12,072,813Expenses 2018: $12,899,296Net Income 2018: -$826,4832018Revenue 2019: $13,698,925Expenses 2019: $13,992,812Net Income 2019: -$293,8872019Revenue 2020: $14,805,429Expenses 2020: $14,100,136Net Income 2020: $705,2932020Revenue 2021: $13,563,128Expenses 2021: $11,051,226Net Income 2021: $2,511,9022021Revenue 2022: $13,468,546Expenses 2022: $11,942,201Net Income 2022: $1,526,3452022Revenue 2023: $17,638,809Expenses 2023: $17,576,889Net Income 2023: $61,9202023Revenue 2024: $19,652,127Expenses 2024: $21,186,578Net Income 2024: -$1,534,4512024

Highlighted filing

2024

Revenue$19,652,127
Expenses$21,186,578
Net Income-$1,534,451
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,844,859
Liabilities
$9,128,051
Net assets
$9,716,808
Revenue
$19,652,127
Expenses
$21,186,578
Net income
-$1,534,451
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.8$9.13$9.72$19.7$21.2$1.53
2023Detailed filing. Detailed filing data is available for this year.$18.1$7.62$10.4$17.6$17.6$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$4.38$9.64$13.5$11.9$1.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$3.25$9.58$13.6$11.1$2.51
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$3.54$7.91$14.8$14.1$0.71
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$5.16$7.09$13.7$14.0$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$4.98$7.25$12.1$12.9$0.83
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$4.47$7.89$10.9$11.9$0.99
2016Detailed filing. Detailed filing data is available for this year.$12.0$3.36$8.66$10.6$10.6$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$3.54$8.63$9.34$9.13$0.22
2014Detailed filing. Detailed filing data is available for this year.$11.7$3.24$8.46$8.80$8.03$0.77
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$2.86$7.42$8.17$7.78$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.34$2.43$6.91$7.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.31$2.71$6.61$7.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.48$2.36$6.12$6.93
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 21, 2025
Return Version
2023v6.0
Gross Receipts
$23,318,104
Mission and Program Overview

Mission

The society's mission is to stimulate women to achieve full potential in careers as engineers and leaders, expand the image of the engineering profession as a positive force in improving the quality of life, and demonstrate the value of diversity.

The society's mission is to empower women to achieve their full potential in careers as engineers and leaders; expand the image of the engineering and technology professions as a positive force in improving the quality of life, and demonstrate the value of diversity and inclusion.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,139,761$10,167,217▲ $1,027,456
Prepaid Expenses and Deferred Charges$2,543,666$2,589,855▲ $46,189
Cash and Non-Interest-Bearing Accounts$3,070,615$1,954,459▼ $1,116,156
Land, Buildings, and Equipment, Net$880,879$776,511▼ $104,368
Total Assets$18,055,499$18,844,859▲ $789,360
Other Assets Total$2,420,578$3,356,817▲ $936,239
Liabilities
Deferred Revenue$4,566,384$5,286,149▲ $719,765
Other Liabilities$2,596,636$3,481,989▲ $885,353
Accounts Payable and Accrued Expenses$387,068$287,013▼ $100,055
Mortgage Notes Payable Secured by Investment Property$72,900$72,900→ $0
Total Liabilities$7,622,988$9,128,051▲ $1,505,063
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,718,147$8,906,101▼ $812,046
Net Assets With Donor Restrictions$714,364$810,707▲ $96,343
Total Net Assets Fund Balance$10,432,511$9,716,808▼ $715,703
Total Liabilities and Net Assets / Fund Balance$18,055,499$18,844,859▲ $789,360

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$679,811$394,716$1,074,527
Leasehold Improvements$96,700$146,489$243,189
Other Assets Org$110,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$10,009,296$532,289▲ $1,283,712$77,338$11,356,859
2022$9,111,782$404,975▲ $967,501$98,112$10,009,296
2021$10,540,048$373,950▼ $1,348,054$87,312$9,111,782
2020$8,100,837$504,552▲ $2,262,434$50,825$10,540,048
2019$8,267,866$184,264▲ $37,726$93,771$8,100,839
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen HortingExecutive Director & CEOFT$401,172$43,331$444,503
Philip ThakadiyilCFOFT$323,356$38,219$361,575
Jennifer ScottVice PresidentFT$216,670$34,331$251,001
Honna GeorgeDirector of DevelopmentFT$209,627$11,602$221,229
Patricia KolarDirectorFT$150,157$30,475$180,632
Roberta RinconDirectorFT$141,509$18,605$160,114
Anne M PerusekDirectorFT$112,037$34,616$146,653
Emily BurnettDirectorFT$117,003$29,158$146,161
Larry GuthrieDirectorFT$102,754$18,359$121,113

Board Members and Trustees

NameTitle
Alexis MckittrickPresident
Karen RothPresident Elect
Bianca MccarrtDirector
Inaas DuratDirector
Karen IdemDirector
Kristine BarnesDirector
Silvia KarlssonDirector
Vidhya ThiyagarajanDirector
Kaitlyn BunkerSecretary
Dianne BeeverTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
David James GroupMarketing1 TRANS AM PLAZA DRIVE SUITE 300, Oak Brook Terrace, IL 60181$887,149
Irelaunch LLCConference1140 BEACON STREET STE 105, Brooline, MA 02446$257,500
Revenue and Support

Revenue Composition

Contributions and Grants
$4,877,339
Program Service Revenue
$14,606,177
Investment Income
$145,788
Other Revenue
$22,823
All Other Contributions
$3,286,316
Change in Net Assets
$-1,534,451
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,157,142
Salaries, Compensation, and Employee Benefits$6,966,871
Total Fundraising Expense$731,938
Grants and Similar Amounts Paid$62,565
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,168,023$1,661,564$479,734$6,309,321
Conferences and Meetings$5,428,296$25,471-$5,453,767
All Other Expenses$300,447$408,342$22,057$730,846
Current Officers, Directors, Trustees, and Key Employees$328,775$246,409$82,366$657,550
Occupancy$412,015$174,814$51,502$638,331
Advertising$324,515$107,327$33,847$465,689
Other Expenses$143,640$186,034$1,449$329,674
Depreciation Depletion$199,458$84,630$24,932$309,020
Travel$42,198$176,076$30,051$248,325
Fees for Services Other$230,127$3,798$6,000$239,925
Grants to Domestic Orgs$62,565--$62,565
Fees for Service Investment Mgmnt Fees-$33,409-$33,409
Total Functional Expenses$16,764,659$3,689,981$731,938$21,186,578
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Society of Women Engineers Endowment Fund IncSanford, NC501(c)(3)Scholarships$62,565
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$3,090,889
Scholarships Payable$391,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Membership in swe is open to all who meet the membership eligibility criteria, regardless of race, creed, color, gender, age, national origin, or sexual orientation. Grades of membership include: professional, senior, fellow, collegiate, honorary,associate, and corporate.”

Form 990, Part VI, Section A, Line 7A

“Members whose dues are current as of march 1 shall be eligible to vote in the annual election. The executive director shall be responsible to ensure that the ballot, listing the candidates proposed by the nominating comittee and any candidates who have properly petitioned, shall be sent to each voting member by april 1. No member may be nominated for more than one office or position on the ballot.”

Form 990, Part VI, Section B, Line 11B

“Reviewed in detail by a sub-committee of the board of directors with auditor. Final version is reviewed by entire board of directors.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest policy is reviewed on a regular basis at board of directors meetings and members are required to disclose potential conflicts of interest on a written conflict of interest statement”

Form 990, Part VI, Section B, Line 15A

“The executive director's compensation is reviewed by a sub-committee of the board of directors, with comparability data from an industry benchmarking survey. For other key employees, the executive director determines compensation based on the guidelines provided by the sub-committee of the board of directors and comparability data from industry benchmarking survey.”

Form 990, Part VI, Section C, Line 19

“Documents, policies, and financial statements may be made available upon request to the society of women engineers' office”

Filing and Contact Details

Filer

Filer Name
Society of Women Engineers
EIN
13-1947735
Phone
3125965230
Address
130 E RANDOLPH STREET 3500, CHICAGO, IL 60601

Signing Officer

Name
Karen Horting
Title
CEO
Phone
3125965230
Signed
2025-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Horting
Formed
1950
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
11
Employees
56
Volunteers
1,500

Preparer

Firm
Porte Brown LLC
Address
845 OAKTON STREET, ELK GROVE VILLAGE, IL 60007
Preparer
Genevra Knight
Phone
8479561040
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The society adopted the provisions of fasb asc topic 740, income taxes, relating to the accounting for uncertainty in income taxes. The society files information returns in the u.s. Federal jurisdiction and the state of illinois. Management is not aware of any uncertain tax positions.”

Raw XML AppendixShowing 400 of 793 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT ELECT
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/MissionDesc0THE SOCIETY'S MISSION IS TO STIMULATE WOMEN TO ACHIEVE FULL POTENTIAL IN CAREERS AS ENGINEERS AND LEADERS, EXPAND THE IMAGE OF THE ENGINEERING PROFESSION AS A POSITIVE FORCE IN IMPROVING THE QUALITY OF LIFE, AND DEMONSTRATE THE VALUE OF DIVERSITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0SWE ANNUAL CONFERENCE IS THE LARGEST PROFESSIONAL DEVELOPMENT PROGRAM FOR FEMALE ENGINEERING STUDENTS AND ENGINEERS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SWE MAGAZINE IS PUBLISHED BY THE SOCIETY OF WOMEN ENGINEERS FIVE TIMES PER YEAR AND MADE AVAILABLE TO ALL MEMBERS AND OTHER INTERESTED PARTIES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0EXXEC, WE LOCAL, PROFESSIONAL PROGRAMS, STUDENT PROGRAMS, GRANTS, WE GLOBAL, MEMBERSHIP, ADVOCACY
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