Civic Intelligence

Abet Foundation DBA Abet Bridge

990 • Fiscal year 2015 • EIN 26-3542581

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 15, 2017

Organization ProfileABETFOUNDATION.ORG
415 North Charles StreetBaltimore, MD 21201

(410) 347-7700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.09x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

12th percentile

-39%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

60th percentile

7.9%

Faster revenue growth than 60% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$159,113

Down $99,736 (-39%) from 2014

Net Assets

Down

$144,285

Down $60,297 (-29%) from 2014

Liabilities

Down

$14,828

Down $39,439 (-73%) from 2014

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin15th percentile

Revenue

Up

$275,682

Up $20,091 (+7.9%) from 2014

Expenses

Up

$335,979

Up $140,860 (+72%) from 2014

Net Income

Down

-$60,297

Down $120,769 (-200%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $81,571Liabilities 2010: $76,888Net Assets 2010: $4,6832010Assets 2011: $56,466Liabilities 2011: $51,325Net Assets 2011: $5,1412011Assets 2012: $68,365Liabilities 2012: $33,411Net Assets 2012: $34,9542012Assets 2013: $260,510Liabilities 2013: $116,446Net Assets 2013: $144,0642013Assets 2014: $258,849Liabilities 2014: $54,267Net Assets 2014: $204,5822014Assets 2015: $159,113Liabilities 2015: $14,828Net Assets 2015: $144,2852015Assets 2016: $350,983Liabilities 2016: $162,892Net Assets 2016: $188,0912016Assets 2017: $253,101Liabilities 2017: $16,278Net Assets 2017: $236,8232017Assets 2018: $256,691Liabilities 2018: $9,323Net Assets 2018: $247,3682018Assets 2019: $275,056Liabilities 2019: $5,871Net Assets 2019: $269,1852019Assets 2020: $273,423Liabilities 2020: $65,613Net Assets 2020: $207,8102020Assets 2021: $243,734Liabilities 2021: $63,150Net Assets 2021: $180,5842021Assets 2022: $244,749Liabilities 2022: $70,723Net Assets 2022: $174,0262022Assets 2023: $377,588Liabilities 2023: $190,692Net Assets 2023: $186,8962023Assets 2024: $279,611Liabilities 2024: $92,638Net Assets 2024: $186,9732024

Highlighted filing

2015

Assets$159,113
Liabilities$14,828
Net Assets$144,285
Open 2015 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2010: $51,881Expenses 2010: $47,924Net Income 2010: $3,9572010Revenue 2011: $121,876Expenses 2011: $121,418Net Income 2011: $4582011Revenue 2012: $152,513Expenses 2012: $122,700Net Income 2012: $29,8132012Revenue 2013: $358,644Expenses 2013: $249,534Net Income 2013: $109,1102013Revenue 2014: $255,591Expenses 2014: $195,119Net Income 2014: $60,4722014Revenue 2015: $275,682Expenses 2015: $335,979Net Income 2015: -$60,2972015Revenue 2016: $236,102Expenses 2016: $192,296Net Income 2016: $43,8062016Revenue 2017: $290,752Expenses 2017: $242,020Net Income 2017: $48,7322017Revenue 2018: $110,075Expenses 2018: $99,530Net Income 2018: $10,5452018Revenue 2019: $113,665Expenses 2019: $91,848Net Income 2019: $21,8172019Revenue 2020: $0Expenses 2020: $61,375Net Income 2020: -$61,3752020Revenue 2021: $39,050Expenses 2021: $66,276Net Income 2021: -$27,2262021Revenue 2022: $82,400Expenses 2022: $88,958Net Income 2022: -$6,5582022Revenue 2023: $129,400Expenses 2023: $116,530Net Income 2023: $12,8702023Revenue 2024: $142,990Expenses 2024: $142,913Net Income 2024: $772024

Highlighted filing

2015

Revenue$275,682
Expenses$335,979
Net Income-$60,297
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 15, 2017
Return Version
2015v3.0
Gross Receipts
$275,682
Mission and Program Overview

Mission

To advance, promote, & support the charitable organization abet.

To advance, promote, and support the charitable, educational and scientific purposes of abet by 1)creating, sustaining, and managing an endowment fund for abet 2) organizing and operating a educational service for domestic and non-domestic institutions and programs aspiring to meet abet standards 3)assisting other countries and non-domestic agencies in developing accreditation systems for scientific and technical education programs 4)supporting research activities related to the goals and activities of abet 5)providing other services or engaging in activities that are closely related in purpose or function to abet.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$171,941$100,634▼ $71,307
Accounts Receivable$85,273$43,027▼ $42,246
Pledges and Grants Receivable-$13,755-
Prepaid Expenses and Deferred Charges$1,635$1,697▲ $62
Total Assets$258,849$159,113▼ $99,736
Liabilities
Other Liabilities$31,159$8,653▼ $22,506
Accounts Payable and Accrued Expenses$23,108$6,175▼ $16,933
Total Liabilities$54,267$14,828▼ $39,439
Net Assets / Fund Balance
Unrestricted Net Assets$156,707$112,664▼ $44,043
Temporarily Rstr Net Assets$47,875$31,621▼ $16,254
Total Net Assets Fund Balance$204,582$144,285▼ $60,297
Total Liabilities and Net Assets / Fund Balance$258,849$159,113▼ $99,736
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Phillip BorrowmanChair
Daniel BradleyDirector
David K HolgerDirector
Elizabeth GlazerDirector
Karan WatsonDirector
Ls FletcherDirector
Pat WalshDirector
Winfred PhillipsDirector
Richard O AndersonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$107,869
Program Service Revenue
$167,750
Investment Income
$0
Other Revenue
$63
All Other Contributions
$107,869
Change in Net Assets
$-60,297

Audited Revenue Reconciliation

Revenue per Audited Statements
$275,682
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$21,897
Total Revenue per Audited Statements
$297,579
Total Revenue per Form 990
$275,682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$235,979
Grants and Similar Amounts Paid$100,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$121,560--$121,560
Grants to Domestic Orgs$100,000--$100,000
Fees for Services Management-$8,653-$8,653
Fees for Services Accounting-$5,787-$5,787
Other Expenses$21,621$2,714-$2,714
Insurance-$1,406-$1,406
Office Expenses-$494-$494
Total Functional Expenses$316,925$19,054$0$335,979

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$357,876
Expenses per Audited Statements$335,979
Total Expenses per Form 990$335,979
Expenses Not Reported on Form 990$21,897
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Accreditation Board for Engineering and Technology IncBaltimore, MD501(c)(3)Support the Charitable, Educational, and Scientific Purposes of Abet, Inc.$100,000

International Summary

Offices
0
Employees
0
Spending
$48,850

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaProgram ServicesConsult Visit00$24,750
South AmericaProgram ServicesConsult Visit00$18,500
North AmericaProgram ServicesWorkshop00$5,600
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
Due to Related Party$8,653
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Accreditation board for engineering and technology, inc. Provides management services to the abet foundation, inc.”

Form 990, Part VI, Section B, Line 11

“A draft of the completed form 990 was reviewed by the board of directors prior to filing.”

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

“The organization monitors compliance with conflict of interest policy annually. At the annual board meeting, board members are given copies of the conflict of interest policy. They are asked to respond in writing to any possible conflicts.”

Form 990, Part VI, Section C, Line 19

“These documents are made available for public inspection upon verbal or written request.”

Filing and Contact Details

Filer

Filer Name
Abet Foundation Inc
EIN
26-3542581
Phone
4103477700
Address
415 NORTH CHARLES STREET, BALTIMORE, MD 21201

Signing Officer

Name
Jessica Silwick
Title
Chief Financial Officer
Phone
4103477700
Signed
2017-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Silwick
Formed
2008
Legal Domicile
Md
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Councilor Buchanan & Mitchell Pc
Address
7910 WOODMONT AVENUE SUITE 500, BETHESDA, MD 20814
Preparer
Holly Caporale
Phone
3019860600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 121,560. Management and general expenses 0. Fundraising expenses 0. Total expenses 121,560.”

FORM 990, PART XII, LINE 2C:

“The foundation has not changed either its oversight process or selection process during the tax year. The website address and year of formation were modified and a director was added to the amended return.”

Financial Statement Notes

PART X, LINE 2:

“The foundation requires that a tax position be recognized or derecognized based on a "more-likely-than-not" threshold. This applies to positions taken or expected to be taken in a tax return. The foundation does not believe its financial statments include, or reflect, any uncertain tax positions.”

Raw XML AppendixShowing 400 of 461 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.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0132450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135300
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE SUPPORT FOR ABET, INC. LEARNING CENTER.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0100000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0100000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0102546
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0195119
IRS990/PYOtherRevenueAmt061
IRS990/PYProgramServiceRevenueAmt0152984
IRS990/PYRevenuesLessExpensesAmt060472
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0195119
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0255591
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-60297
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0167813
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED AND SUPPORTING ORGANIZATIONS SHARE MANAGEMENT OFFICIALS. THEREFORE, THE SUPPORTING ORGANIZATION WOULD BE ABLE TO DIRECTLY OVERSEE THE USE OF THE SUPPORTED ORGANIZATION'S FUNDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE SUPPORTED AND SUPPORTING ORGANIZATIONS HAVE A CLOSE AND CONTINUOUS WORKING RELATIONSHIP BECAUSE THEY SHARE MANAGEMENT OFFICIALS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE SUPPORTING ORGANIZATION'S PRIMARY FUNCTION IS TO PROVIDE IMPROVEMENT WORKSHOPS AND CONSULTING SERVICES TO ASSIST AN ORGANIZATION'S IMPROVE THEIR EDUCATIONAL OFFERINGS AND IMPROVE THE LIKELIHOOD OF ACCREDITATION. THIS ALIGNS WITH ABET'S PRIMARY PURPOSE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3ABET WOULD PROVIDE THE IMPROVEMENT WORKSHOPS, BUT FOR THE FACT THAT THE FOUNDATION PROVIDES THESE SERVICES DIRECTLY. THESE PROGRAMS ASSIST AN EDUCATIONAL PROGRAM IN ITS PREPARATION FOR THE ACCREDITATION VISIT AND ALLOWS THEM TO GAIN AN UNDERSTANDING OF THE PROCESS IN ADVANCE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV SECTION D - LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV SECTION E - LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV SECTION E - LINE 2B
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0510243571
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0100000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ACCREDITATION BOARD FOR ENGINEERING AND TECHNOLOGY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0100000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt021897
IRS990ScheduleD/DonatedServicesUseFcltsAmt021897
IRS990ScheduleD/ExpensesNotReportedAmt021897
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0335979
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08653
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt021897
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0275682
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0335979
IRS990ScheduleD/TotalLiabilityAmt08653
IRS990ScheduleD/TotalRevenuePerForm990Amt0275682
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0297579
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0357876
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt024750
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt15600
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt218500
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0MIDDLE EAST AND NORTH AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1NORTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2SOUTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0CONSULT VISIT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1WORKSHOP
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2CONSULT VISIT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt048850
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt048850
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF ABET, INC.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ACCREDITATION BOARD FOR ENGINEERING AND TECHNOLOGY INC
IRS990ScheduleI/RecipientTable/RecipientEIN0510243571
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0415 NORTH CHARLES STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd021201
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCREDITATION BOARD FOR ENGINEERING AND TECHNOLOGY, INC. PROVIDES MANAGEMENT SERVICES TO THE ABET FOUNDATION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE COMPLETED FORM 990 WAS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MONITORS COMPLIANCE WITH CONFLICT OF INTEREST POLICY ANNUALLY. AT THE ANNUAL BOARD MEETING, BOARD MEMBERS ARE GIVEN COPIES OF THE CONFLICT OF INTEREST POLICY. THEY ARE ASKED TO RESPOND IN WRITING TO ANY POSSIBLE CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON VERBAL OR WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTING: PROGRAM SERVICE EXPENSES 121,560. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 121,560.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. THE WEBSITE ADDRESS AND YEAR OF FORMATION WERE MODIFIED AND A DIRECTOR WAS ADDED TO THE AMENDED RETURN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt047875
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt031621
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0258849
IRS990/TotalAssetsEOYAmt0159113
IRS990/TotalAssetsGrp/BOYAmt0258849
IRS990/TotalAssetsGrp/EOYAmt0159113
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0107869
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019054
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0316925
IRS990/TotalFunctionalExpensesGrp/TotalAmt0335979

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$159,113
Liabilities
$14,828
Net assets
$144,285
Revenue
$275,682
Expenses
$335,979
Net income
-$60,297
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.80$0.93$1.87$1.43$1.43$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.78$1.91$1.87$1.29$1.17$0.13
2022Detailed filing. Detailed filing data is available for this year.$2.45$0.71$1.74$0.82$0.89$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.44$0.63$1.81$0.39$0.66$0.27
2020Detailed filing. Detailed filing data is available for this year.$2.73$0.66$2.08$0.00$0.61$0.61
2019Detailed filing. Detailed filing data is available for this year.$2.75$0.06$2.69$1.14$0.92$0.22
2018Detailed filing. Detailed filing data is available for this year.$2.57$0.09$2.47$1.10$1.00$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.53$0.16$2.37$2.91$2.42$0.49
2016Detailed filing. Detailed filing data is available for this year.$3.51$1.63$1.88$2.36$1.92$0.44
2015Detailed filing. Detailed filing data is available for this year.$1.59$0.15$1.44$2.76$3.36$0.60
2014Detailed filing. Detailed filing data is available for this year.$2.59$0.54$2.05$2.56$1.95$0.60
2013Detailed filing. Detailed filing data is available for this year.$2.61$1.16$1.44$3.59$2.50$1.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.33$0.35$1.53$1.23$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.51$0.05$1.22$1.21$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.77$0.05$0.52$0.48$0.04