Civic Intelligence

Abet Foundation DBA Abet Bridge

990 • Fiscal year 2019 • EIN 26-3542581

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 30, 2020

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

68th percentile

0.02x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

58th percentile

7.2%

Faster asset growth than 58% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

3.3%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$275,056

Up $18,365 (+7.2%) from 2018

Net Assets

Up

$269,185

Up $21,817 (+8.8%) from 2018

Liabilities

Down

$5,871

Down $3,452 (-37%) from 2018

Revenue

Up

$113,665

Up $3,590 (+3.3%) from 2018

Expenses

Down

$91,848

Down $7,682 (-7.7%) from 2018

Net Income

Up

$21,817

Up $11,272 (+107%) from 2018

Historical Trend

Balance Sheet Trend

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

2019

Assets$275,056
Liabilities$5,871
Net Assets$269,185

Operations Trend

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

2019

Revenue$113,665
Expenses$91,848
Net Income$21,817
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 30, 2020
Return Version
2019v5.1
Gross Receipts
$113,665
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$253,330$273,052▲ $19,722
Prepaid Expenses and Deferred Charges$1,111$1,004▼ $107
Pledges and Grants Receivable$2,250$1,000▼ $1,250
Total Assets$256,691$275,056▲ $18,365
Liabilities
Accounts Payable and Accrued Expenses$8,785$5,657▼ $3,128
Other Liabilities$538$214▼ $324
Total Liabilities$9,323$5,871▼ $3,452
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$222,953$244,276▲ $21,323
Net Assets With Donor Restrictions$24,415$24,909▲ $494
Total Net Assets Fund Balance$247,368$269,185▲ $21,817
Total Liabilities and Net Assets / Fund Balance$256,691$275,056▲ $18,365
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert HerrickPresident
Dan BradleyDirector
David KellyDirector
Karan WatsonDirector
Phillip BorrowmanDirector
Sarah RajalaDirector
Michael MilliganExecutive Director/CEO
Elizabeth GlazerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,225
Program Service Revenue
$105,440
Investment Income
$0
Other Revenue
$0
All Other Contributions
$8,225
Change in Net Assets
$21,817
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,848
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$71,136--$71,136
Fees for Services Accounting-$5,500-$5,500
Fees for Services Management-$2,047-$2,047
Insurance-$1,222-$1,222
Other Expenses$7,731$600-$600
Office Expenses$454$99-$553
Information Technology-$84-$84
Total Functional Expenses$79,321$12,527$0$91,848
International Activity

International Summary

Offices
0
Employees
0
Spending
$28,186

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
Russia and Neighboring States - Armenia, Azerbijan, Belarus,Program ServicesConsulting00$28,186
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$214
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
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 11B

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
Robert Herrick
Title
President
Phone
4103477700
Signed
2020-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Herrick
Formed
2008
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

Accreditation consulting: program service expenses 71,136. Management and general expenses 0. Fundraising expenses 0. Total expenses 71,136.

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 statements include, or reflect, any uncertain tax positions.

Raw XML AppendixShowing 400 of 406 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08785
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05657
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO 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.
IRS990/AllOtherContributionsAmt08225
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04103477700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0415 NORTH CHARLES STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BALTIMORE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021201
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0253330
IRS990/CashNonInterestBearingGrp/EOYAmt0273052
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08225
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt091848
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0105440
IRS990/CYRevenuesLessExpensesAmt021817
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt091848
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0113665
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0THE ABET FOUNDATION CONDUCTS IMPROVEMENT WORKSHOPS AND CONSULTING SERVICES TO CONSTITUENTS GLOBALLY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt024415
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt024909
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt079321
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05500
IRS990/FeesForServicesAccountingGrp/TotalAmt05500
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt02047
IRS990/FeesForServicesManagementGrp/TotalAmt02047
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt071136
IRS990/FeesForServicesOtherGrp/TotalAmt071136
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0PHILLIP BORROWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ELIZABETH GLAZER
IRS990/Form990PartVIISectionAGrp/PersonNm2DAN BRADLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3SARAH RAJALA
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT HERRICK
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL MILLIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm7KARAN WATSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0113665
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt084
IRS990/InformationTechnologyGrp/TotalAmt084
IRS990/InsuranceGrp/ManagementAndGeneralAmt01222
IRS990/InsuranceGrp/TotalAmt01222
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0247368
IRS990/NetAssetsOrFundBalancesEOYAmt0269185
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0222953
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0244276
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt099
IRS990/OfficeExpensesGrp/ProgramServicesAmt0454
IRS990/OfficeExpensesGrp/TotalAmt0553
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SCIENCE SCREEN REPORT
IRS990/OtherExpensesGrp/Desc1VOLUNTEER TRAVEL EXPENS
IRS990/OtherExpensesGrp/Desc2TAXES/CHARITABLE REGIST
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02975
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1600
IRS990/OtherExpensesGrp/ProgramServicesAmt07731
IRS990/OtherExpensesGrp/TotalAmt07731
IRS990/OtherExpensesGrp/TotalAmt12975
IRS990/OtherExpensesGrp/TotalAmt2600
IRS990/OtherLiabilitiesGrp/BOYAmt0538
IRS990/OtherLiabilitiesGrp/EOYAmt0214
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02250
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01111
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01004
IRS990/PrincipalOfficerNm0ROBERT HERRICK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONSULTATION REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0105440
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0105440
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt023575
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt099530
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt086500
IRS990/PYRevenuesLessExpensesAmt010545
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt099530
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0110075
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt021817
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0105440
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 HAVE A CLOSE AND CONTINUOUS WORKING RELATIONSHIP BECAUSE THEY SHARE MANAGEMENT OFFICALS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE SUPPORTED AND SUPPORTING ORGANIZATIONS SHARE MANAGEMENT OFFICALS. THEREFORE, THE SUPPORTING ORGANIZATION WOULD BE ABLE TO DIRECTLY OVERSEE THE USE OF THE SUPPORTED ORGANIZATION'S FUNDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE SUPPORTING ORGANIZATION'S PRIMARY FUNCTION IS TO PROVIDE IMPROVEMENT WORKSHOPS AND CONSULTING SERVICES TO ASSIST AN ORGANIZATION 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 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV SECTION D - LINE 3
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/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ACCREDITATION BOARD FOR ENGINEERING AND TECHNOLOGY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0214
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
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 STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0214
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt028186
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0CONSULTING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt028186
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt028186
IRS990ScheduleF/TransferToForeignCorpInd00
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/ExplanationTxt4ACCREDITATION CONSULTING: PROGRAM SERVICE EXPENSES 71,136. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 71,136.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0256691
IRS990/TotalAssetsEOYAmt0275056
IRS990/TotalAssetsGrp/BOYAmt0256691
IRS990/TotalAssetsGrp/EOYAmt0275056
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt08225
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012527
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt079321
IRS990/TotalFunctionalExpensesGrp/TotalAmt091848
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09323
IRS990/TotalLiabilitiesEOYAmt05871
IRS990/TotalLiabilitiesGrp/BOYAmt09323
IRS990/TotalLiabilitiesGrp/EOYAmt05871
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0247368
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0269185
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt079321
IRS990/TotalProgramServiceRevenueAmt0105440
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0105440
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0113665
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0256691
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0275056
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0415 NORTH CHARLES STREET
IRS990/USAddress/CityNm0BALTIMORE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021201
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0ABETFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT HERRICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04103477700
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABET FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ABET
ReturnHeader/Filer/EIN0263542581
ReturnHeader/Filer/PhoneNum04103477700
ReturnHeader/Filer/USAddress/AddressLine1Txt0415 NORTH CHARLES STREET
ReturnHeader/Filer/USAddress/CityNm0BALTIMORE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021201
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09EB6C7ABDF90341FC865DF237D0CFEE310B22885
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09EB6C7ABDF90341FC865DF237D0CFEE310B22885
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.31.200.98
ReturnHeader/FilingSecurityInformation/IPDt02020-10-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm009:36:53
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521711839
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COUNCILOR BUCHANAN & MITCHELL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07910 WOODMONT AVE STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020814
ReturnHeader/PreparerPersonGrp/PhoneNum03019860600
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits