Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Abet Foundation DBA Abet Bridge
990EZ • Fiscal year 2011 • EIN 26-3542581
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.91x
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
45th percentile
Higher net margin than 45% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
17th percentile
Faster asset growth than 17% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Down$56,466
Down $25,105 (-31%) from 2010
Net Assets
Up$5,141
Up $458 (+9.8%) from 2010
Liabilities
Down$51,325
Down $25,563 (-33%) from 2010
Revenue And Expenses
Revenue
Up$121,876
Up $69,995 (+135%) from 2010
Expenses
Up$121,418
Up $73,494 (+153%) from 2010
Net Income
Down$458
Down $3,499 (-88%) from 2010
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2011 to Dec 31, 2011
- Signed
- Jul 16, 2012
- Return Version
- 2011v1.2
Mission and Program Overview
Mission
To advance, promote, & support the charitable organization abet.
Filing and Contact Details
Filer
- EIN
- 26-3542581
Raw XML Appendix188 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRpt | 0 | 0 |
| IRS990EZ/AmountOfTaxImposedOnOrgMgr | 0 | 0 |
| IRS990EZ/AmountOfTaxReimbursedByOrg | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestments/BOY | 0 | 56073 |
| IRS990EZ/CashSavingsAndInvestments/EOY | 0 | 32218 |
| IRS990EZ/ContributionsGiftsGrantsEtc | 0 | 76925 |
| IRS990EZ/DirectIndirectPoliticalExpend | 0 | 0 |
| IRS990EZ/DoesOrgHaveHospital | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTrans | 0 | 0 |
| IRS990EZ/EngageInLobbyingActivities | 0 | 0 |
| IRS990EZ/EngagePoliticalCmpgnActivities | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYear | 0 | 458 |
| IRS990EZ/FeesAndOthPymtToIndContractors | 0 | 27455 |
| IRS990EZ/FiledScheduleA | 0 | 1 |
| IRS990EZ/ForeignFinancialAccount | 0 | 0 |
| IRS990EZ/ForeignOffice | 0 | 0 |
| IRS990EZ/GrossReceipts | 0 | 121876 |
| IRS990EZ/InfoInScheduleOPartI | 0 | X |
| IRS990EZ/InfoInScheduleOPartII | 0 | X |
| IRS990EZ/InfoInScheduleOPartIII | 0 | X |
| IRS990EZ/InfoInScheduleOPartV | 0 | X |
| IRS990EZ/MadeChangesToOrgnzngEtcDoc | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficers | 0 | 0 |
| IRS990EZ/MaintainAnyDonorAdvisedFunds | 0 | 0 |
| IRS990EZ/MethodOfAccountingCash | 0 | X |
| IRS990EZ/NetAssetsOrFundBalances/BOY | 0 | 4683 |
| IRS990EZ/NetAssetsOrFundBalancesBOY | 0 | 4683 |
| IRS990EZ/NetAssetsOrFundBalances/EOY | 0 | 5141 |
| IRS990EZ/NetAssetsOrFundBalancesEOY | 0 | 5141 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 0 | 111 MARKET STREET 1050 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 1 | 111 MARKET STREET 1050 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 2 | 111 MARKET STREET 1050 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 3 | 111 MARKET STREET 1050 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 4 | 111 MARKET STREET 1050 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 0 | BALTIMORE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 1 | BALTIMORE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 2 | BALTIMORE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 3 | BALTIMORE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 4 | BALTIMORE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 0 | MD |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 1 | MD |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 2 | MD |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 3 | MD |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 4 | MD |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 0 | 21202 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 1 | 21202 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 2 | 21202 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 3 | 21202 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 4 | 21202 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 0 | WILLIAM S CLARK |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 1 | RICHARD O ANDERSON |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 2 | RICHARD C SEAGRAVE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 3 | LEROY S FLETCHER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 4 | JOE SUSSMAN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 4 | DIRECTOR |
| IRS990EZ/OperatingSchool | 0 | 0 |
| IRS990EZ/Organization501c3 | 0 | X |
| IRS990EZ/OrganizationDissolvedEtc | 0 | 0 |
| IRS990EZ/OrganizationHadUBI | 0 | 0 |
| IRS990EZ/OtherAssetsTotal/BOY | 0 | 25498 |
| IRS990EZ/OtherAssetsTotal/EOY | 0 | 24248 |
| IRS990EZ/OtherChangesInNetAssets | 0 | 0 |
| IRS990EZ/OtherExpensesTotal | 0 | 93918 |
| IRS990EZ/OtherRevenueTotal | 0 | 4 |
| IRS990EZ/PartVIAHghstPaidCntrctProfSer | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHighestPaidEmpl | 0 | NONE |
| IRS990EZ/PrimaryExemptPurpose | 0 | TO ADVANCE, PROMOTE, AND SUPPORT THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF THE ACCREDITATION BOARD FOR ENGINEERING AND TECHNOLOGY, INC. (ABET) OR OTHER SERVICES WHICH ARE CLOSELY RELATED IN PURPOSE OR FUNCTION TO ABET AND TO RECEIVE GIFTS AND GRANTS ON ITS BEHALF. THE ABET FOUNDATION CONDUCTS IMPROVEMENT WORKSHOPS AND CONSULTING SERVICES TO CONSTITUENTS GLOBALLY. THE ORGANIZATION IS SUPPORTED PRIMARILY BY WORKSHOP, CONSULTANCY FEES AND DONATIONS. |
| IRS990EZ/PrintingPublicationsPostage | 0 | 45 |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 0 | THE ABET FOUNDATION CONDUCTS IMPROVEMENT WORKSHOPS AND CONSULTING SERVICES TO CONSTITUENTS GLOBALLY. |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 1 | SCIENCE SCREEN REPORTING - OBJECTIVE SCIENCE NEWS REPORTING FOR TEACHERS AND STUDENTS. THE PROGRAMS EXAMINE THE MOST RECENT DEVELOPMENTS AND DISCOVERIES IN SCIENCE, TECHNOLOGY AND ENGINEERING, AND ARE DESIGNED TO HELP STUDENTS UNDERSTAND THE VITAL ROLE SCIENCE PLAYS IN OUR EVERYDAY LIVES. |
| IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations | 0 | 0 |
| IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations | 1 | 0 |
| IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses | 0 | 16195 |
| IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses | 1 | 70841 |
| IRS990EZ/ProgramServiceRevenue | 0 | 44947 |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | 0 |
| IRS990EZ/RelatedOrgControlledEntity | 0 | 0 |
| IRS990EZ/SubjectToProxyTax | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilities/BOY | 0 | 76888 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 51325 |
| IRS990EZ/TanningServicesProvided | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911 | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912 | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955 | 0 | 0 |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 111 MARKET STREET NO 1050 |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/City | 0 | BALTIMORE |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/State | 0 | MD |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 21202 |
| IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | THE ORGANIZATION |
| IRS990EZ/TheBooksAreInCareOf/TelephoneNumber | 0 | 4103477700 |
| IRS990EZ/TotalAssets/BOY | 0 | 81571 |
| IRS990EZ/TotalAssets/EOY | 0 | 56466 |
| IRS990EZ/TotalExpenses | 0 | 121418 |
| IRS990EZ/TotalProgramServiceExpenses | 0 | 87036 |
| IRS990EZ/TotalRevenue | 0 | 121876 |
| IRS990EZ/TrnsfrsExemptNonCharRelatedOrg | 0 | 0 |
| IRS990EZ/WebSite | 0 | ABET.ORG |
| IRS990ScheduleA/CertificationCheckbox | 0 | X |
| IRS990ScheduleA/ContribBy35ControlledEntity | 0 | 0 |
| IRS990ScheduleA/ContribByControllingIndividual | 0 | 0 |
| IRS990ScheduleA/ContributionByRelatedParty | 0 | 0 |
| IRS990ScheduleA/SumOfAmounts | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformation/Amount | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformation/EIN | 0 | 510243571 |
| IRS990ScheduleA/SupportedOrgInformation/ListedInGoverningDoc | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformation/Name/BusinessNameLine1 | 0 | ACCREDITATON BOARD FOR ENGINEERING AND TECHNOLOGY |
| IRS990ScheduleA/SupportedOrgInformation/OrganizedInUS | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformation/SupportedOrganizationNotified | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformation/TypeOfOrganization | 0 | 501(C)3 |
| IRS990ScheduleA/SupportingOrg509a3Type3FuncInt | 0 | X |
| IRS990ScheduleA/SupportingOrganization509a3 | 0 | X |
| IRS990ScheduleA/TotalNumberOfSupportedOrgs | 0 | 1 |
| IRS990ScheduleA/WrittenIRSDetermination | 0 | X |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | DESCRIPTION: OTHER INCOME. AMOUNT: 4. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | DESCRIPTION: BOARD OF DIRECTORS MEETINGS. AMOUNT: 182. DESCRIPTION: MISC EXPENSES. AMOUNT: 299. DESCRIPTION: BANK FEES. AMOUNT: 305. DESCRIPTION: INSURANCE. AMOUNT: 1,169. DESCRIPTION: SCIENCE SCREEN REPORT. AMOUNT: 70,841. DESCRIPTION: TRAVEL. AMOUNT: 21,122. TOTAL TO FORM 990-EZ, LINE 16: 93,918. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | DESCRIPTION: IN-KIND MANAGEMENT SERVICES-REVENUE. AMOUNT: 29,400. DESCRIPTION: IN-KIND MANAGEMENT SERVICES-EXPENSES. AMOUNT: -29,400. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 24,115. END OF YEAR AMOUNT: 23,663. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 1,383. END OF YEAR AMOUNT: 585. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,734. END OF YEAR AMOUNT: 8,180. DESCRIPTION: DUE TO RELATED PARTY. BEG. OF YEAR AMOUNT: 75,154. END OF YEAR AMOUNT: 43,145. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | OTHER REVENUE |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | OTHER EXPENSES |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | OTHER ASSETS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | OTHER LIABILITIES |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990-EZ, PART II, LINE 26 |
| TransferPrsnlBnftContractsDecl/Declaration | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/Filer/EIN | 0 | 263542581 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | ABET FOUNDATION INC |
| ReturnHeader/Filer/NameControl | 0 | ABET |
| ReturnHeader/Filer/Phone | 0 | 4103477700 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 111 MARKET STREET NO 1050 |
| ReturnHeader/Filer/USAddress/City | 0 | BALTIMORE |
| ReturnHeader/Filer/USAddress/State | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 21202 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | 1 |
| ReturnHeader/Officer/DateSigned | 0 | 2012-07-16 |
| ReturnHeader/Officer/Name | 0 | LANCE HOBOY |
| ReturnHeader/Officer/Phone | 0 | 4103477700 |
| ReturnHeader/Officer/Title | 0 | CHIEF FINANCIAL OFFICER |
| ReturnHeader/PreparerFirm/EIN | 0 | 521711839 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | COUNCILOR BUCHANAN & MITCHELL PC |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 7910 WOODMONT AVENUE SUITE 500 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | BETHESDA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | MD |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 20814 |
| ReturnHeader/Preparer/Name | 0 | S VINCENT CRESCENZI |
| ReturnHeader/Preparer/Phone | 0 | 3019860600 |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2011-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2011-12-31 |
| ReturnHeader/TaxYear | 0 | 2011 |
| ReturnHeader/Timestamp | 0 | 2012-07-30T15:23:38-05:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $56,466
- Liabilities
- $51,325
- Net assets
- $5,141
- Revenue
- $121,876
- Expenses
- $121,418
- Net income
- $458