Civic Intelligence

Accreditation Board for Engineering and Technology Inc.

990 • Fiscal year 2016 • EIN 51-0243571

Oct 01, 2015 to Sep 30, 2016 • Filed on Aug 14, 2017

Organization ProfileABET.ORG

View Organization Page

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

70th percentile

0.48x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

70th percentile

0.60x

Higher debt load relative to revenue than 70% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

62nd percentile

6.0%

Higher net margin than 62% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

88th percentile

$428,822

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

52nd percentile

2.2%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

8.3%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$14,250,011

Up $300,753 (+2.2%) from 2015

Net Assets

Up

$7,409,549

Up $719,407 (+11%) from 2015

Liabilities

Down

$6,840,462

Down $418,654 (-5.8%) from 2015

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin62nd percentile

Revenue

Up

$11,349,519

Up $866,846 (+8.3%) from 2015

Expenses

Up

$10,671,518

Up $769,577 (+7.8%) from 2015

Net Income

Up

$678,001

Up $97,269 (+17%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$30M$20M$10M$0Assets 2010: $8,653,151Liabilities 2010: $5,130,646Net Assets 2010: $3,522,5052010Assets 2011: $9,227,306Liabilities 2011: $4,734,892Net Assets 2011: $4,492,4142011Assets 2012: $9,792,685Liabilities 2012: $4,499,881Net Assets 2012: $5,292,8042012Assets 2013: $10,155,637Liabilities 2013: $4,500,687Net Assets 2013: $5,654,9502013Assets 2014: $12,147,696Liabilities 2014: $6,050,672Net Assets 2014: $6,097,0242014Assets 2015: $13,949,258Liabilities 2015: $7,259,116Net Assets 2015: $6,690,1422015Assets 2016: $14,250,011Liabilities 2016: $6,840,462Net Assets 2016: $7,409,5492016Assets 2017: $16,024,580Liabilities 2017: $7,083,935Net Assets 2017: $8,940,6452017Assets 2018: $16,834,616Liabilities 2018: $6,516,011Net Assets 2018: $10,318,6052018Assets 2019: $19,074,120Liabilities 2019: $7,671,748Net Assets 2019: $11,402,3722019Assets 2020: $19,209,109Liabilities 2020: $6,532,362Net Assets 2020: $12,676,7472020Assets 2021: $25,462,231Liabilities 2021: $9,508,336Net Assets 2021: $15,953,8952021Assets 2022: $24,567,861Liabilities 2022: $7,544,572Net Assets 2022: $17,023,2892022Assets 2023: $26,155,499Liabilities 2023: $7,849,547Net Assets 2023: $18,305,9522023Assets 2024: $29,186,384Liabilities 2024: $8,679,987Net Assets 2024: $20,506,3972024

Highlighted filing

2016

Assets$14,250,011
Liabilities$6,840,462
Net Assets$7,409,549
Open 2016 Filing

Operations Trend

Revenue Growth65th percentile

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

$20M$15M$10M$5.0M$0Expenses 2010: $6,786,8832010Revenue 2011: $8,515,094Expenses 2011: $7,545,185Net Income 2011: $969,9092011Expenses 2012: $7,841,0322012Expenses 2013: $8,487,2752013Revenue 2014: $9,520,553Expenses 2014: $9,078,479Net Income 2014: $442,0742014Revenue 2015: $10,482,673Expenses 2015: $9,901,941Net Income 2015: $580,7322015Revenue 2016: $11,349,519Expenses 2016: $10,671,518Net Income 2016: $678,0012016Revenue 2017: $12,037,723Expenses 2017: $10,829,805Net Income 2017: $1,207,9182017Revenue 2018: $12,776,851Expenses 2018: $11,591,529Net Income 2018: $1,185,3222018Revenue 2019: $12,769,955Expenses 2019: $11,683,883Net Income 2019: $1,086,0722019Revenue 2020: $12,461,728Expenses 2020: $11,326,990Net Income 2020: $1,134,7382020Revenue 2021: $12,376,690Expenses 2021: $9,395,082Net Income 2021: $2,981,6082021Revenue 2022: $14,197,976Expenses 2022: $11,833,104Net Income 2022: $2,364,8722022Revenue 2023: $14,613,853Expenses 2023: $13,796,316Net Income 2023: $817,5372023Revenue 2024: $15,259,727Expenses 2024: $14,744,336Net Income 2024: $515,3912024

Highlighted filing

2016

Revenue$11,349,519
Expenses$10,671,518
Net Income$678,001
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Aug 14, 2017
Return Version
2015v3.0
Gross Receipts
$11,349,519
Mission and Program Overview

Mission

Abet serves the public through the promotion and advancement of education in applied science, computing, engineering, and technology.

Promotion and advancement of edu. In applied science, computing, engineering, and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,947,540$4,064,744▲ $117,204
Cash and Non-Interest-Bearing Accounts$2,770,504$3,333,960▲ $563,456
Investments in Publicly Traded Securities-$2,622,541-
Investments Other Securities$5,012,386$2,201,122▼ $2,811,264
Accounts Receivable$1,440,125$1,186,255▼ $253,870
Prepaid Expenses and Deferred Charges$647,745$634,271▼ $13,474
Total Assets$13,949,258$14,250,011▲ $300,753
Other Assets Total$130,958$207,118▲ $76,160
Liabilities
Deferred Revenue$4,730,528$4,946,959▲ $216,431
Accounts Payable and Accrued Expenses$2,397,630$1,686,385▼ $711,245
Other Liabilities$130,958$207,118▲ $76,160
Total Liabilities$7,259,116$6,840,462▼ $418,654
Net Assets / Fund Balance
Unrestricted Net Assets$6,690,142$7,409,549▲ $719,407
Total Net Assets Fund Balance$6,690,142$7,409,549▲ $719,407
Total Liabilities and Net Assets / Fund Balance$13,949,258$14,250,011▲ $300,753

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,628,659$1,083,135$2,711,794
Buildings$1,850,176$274,478$2,124,654
Equipment$225,909$259,554$485,463
Land$360,000-$360,000
Other Securities$2,201,122--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2011$30,653--$30,653-
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MilliganExecutive DirectorFT$356,253$72,569$428,822
Joseph SusmanManaging Director AcreditationFT$228,015$53,793$281,808
Lance HoboyCurrent CFO/managing DirectorFT$221,856$52,512$274,368
Charles HickmanManaging Director of SocietyFT$170,622$52,146$222,768
Danielle Duran BaronSenior Director of Marketing & CommFT$111,519$42,769$154,288
Maryanne WeissAccreditation DirectorFT$130,895$21,728$152,623
Jessica SilwickComptrollerFT$126,249$8,472$134,721

Board Members and Trustees

NameTitle
Jamie RogersPast President
Larry JonesPresident, President-elect
Wayne BergstromPresident-elect, Board Member
Bret ClausenApplied Science Area Director
Janice ZdnakusAt-large Director
Steve CramerAt-large Director
David KellyComputing Area Director, Board Member
Michael LightnerEngineering Area Director
Mohammad ZahraeeEngineering Technology Area Director
Nicole ChestangPublic Director
Mary Leigh WolfeSecretary, Board Member
Craig MusselmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,298,583
Investment Income
$27,230
Other Revenue
$23,706
Change in Net Assets
$678,001

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,349,519
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$10,156,844
Total Revenue per Audited Statements
$21,506,363
Total Revenue per Form 990
$11,349,519
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,341,584
Salaries, Compensation, and Employee Benefits$4,329,934
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,517,361$333,891-$2,851,252
Travel$2,541,093$7,894-$2,548,987
Conferences and Meetings$1,293,452$3,160-$1,296,612
Fees for Services Other$1,054,340$112,308-$1,166,648
Current Officers, Directors, Trustees, and Key Employees$571,310$142,828-$714,138
Office Expenses$337,853$70,158-$408,011
Other Employee Benefits$306,204$49,275-$355,479
Depreciation Depletion$183,046$86,139-$269,185
Payroll Taxes$50,183$202,353-$252,536
Pension Plan Contributions$139,250$17,279-$156,529
Occupancy$93,056$43,791-$136,847
Advertising$126,754--$126,754
Insurance$71,259$12,047-$83,306
Other Expenses$29,681$9,530-$39,211
Fees for Services Accounting$20,400$9,600-$30,000
Fees for Services Legal$7,793$3,667-$11,460
Interest$75$36-$111
Total Functional Expenses$9,533,229$1,138,289$0$10,671,518

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$20,786,956
Expenses per Audited Statements$10,671,518
Total Expenses per Form 990$10,671,518
Expenses Not Reported on Form 990$10,115,438
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

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
North America - Canada and Mexico, ButProgram Service RevenueEvaluation of Programs to Be Accredited00-
Middle East and North Africa -Program Service RevenueEvaluation of Programs to Be Accredited00-
Europe (including Iceland & Greenland) -Program Service RevenueEvaluation of Programs to Be Accredited00-
South Asia - Afghanistan, Bangladesh,Program Service RevenueEvaluation of Programs to Be Accredited00-
South America - Argentina, Bolivia,Program Service RevenueEvaluation of Programs to Be Accredited00-
Sub-saharan Africa - Angola,Program Service RevenueEvaluation of Programs to Be Accredited00-
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program Service RevenueEvaluation of Programs to Be Accredited00-
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
Deferred Compensation Payable$207,118
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Abet is comprised of societies that have been admitted as member societies or associate member societies in accordance with provisions of the abet constitution.”

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

“The board is comprised of individuals who serve as officers, representatives of the member societies, and representatives of the public. Directors are selected and appointed by the separate member societies, with each society having at least one but not more than three directors. The officers of abet shall be selected by election within the board after they are nominated from a group comprised of present and past directors.”

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

“With the exception of some minor operational headquarters decisions, most decisions must have the majority vote of the board to be implemented.”

Form 990, Part VI, Section B, Line 11

“An initial review is done by current treasurer, immediate past president and executive director. A reviewed copy is then provided to the board of directors and board members. Any questions are directed to the cfo.”

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

“Every year each board member receives a conflict of interest document that they must sign off on confirming that they understand their responsibility to excuse themselves from discussion or decisions where they may have a conflict of interest.”

Form 990, Part VI, Section B, Line 15

“An outside consulting firm is hired every few years to conduct a compensation study and make recommendations. Our most recent compensation study was conducted in 2015.”

Form 990, Part VI, Section C, Line 19

“All of the above documents are currently available on a sharepoint web site that all directors and public members have access to.”

Filing and Contact Details

Filer

Filer Name
Accreditation Board for Engineering
EIN
51-0243571
Phone
4103477700
Address
415 NORTH CHARLES STREET, BALTIMORE, MD 21201

Signing Officer

Name
Michael Milligan
Title
Executive Director
Phone
4103477700
Signed
2017-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Milligan
Formed
1963
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
38
Volunteers
1,040

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

“Other: program service expenses 1,054,340. Management and general expenses 112,308. Fundraising expenses 0. Total expenses 1,166,648.”

Form 990. Part XII, Line 2C

“The process remains unchanged from the previous year.”

Financial Statement Notes

PART X, LINE 2:

“Abet 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. Abet does not believe its financial statements include, or reflect, any uncertain tax positions.”

Raw XML AppendixShowing 400 of 751 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/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12257856
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13409253
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14142895
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15190622
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16265015
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17126519
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18126249
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0AT-LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1AT-LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PUBLIC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3APPLIED SCIENCE AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4COMPUTING AREA DIRECTOR, BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5ENGINEERING AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6ENGINEERING TECHNOLOGY AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT, PRESIDENT-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT-ELECT, BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY, BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12CURRENT CFO/MANAGING DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ACCREDITATION DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15MANAGING DIRECTOR OF SOCIETY
IRS990/Form990PartVIISectionAGrp/TitleTxt16MANAGING DIRECTOR ACREDITATION
IRS990/Form990PartVIISectionAGrp/TitleTxt17SENIOR DIRECTOR OF MARKETING & COMM
IRS990/Form990PartVIISectionAGrp/TitleTxt18COMPTROLLER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011349519
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt012047
IRS990/InsuranceGrp/ProgramServicesAmt071259
IRS990/InsuranceGrp/TotalAmt083306
IRS990/InterestGrp/ManagementAndGeneralAmt036
IRS990/InterestGrp/ProgramServicesAmt075
IRS990/InterestGrp/TotalAmt0111
IRS990/InvestmentIncomeGrp/ExclusionAmt027230
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027230
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05012386
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02201122
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02622541
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01617167
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03947540
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04064744
IRS990/LandBldgEquipCostOrOtherBssAmt05681911
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ABET SERVES THE PUBLIC THROUGH THE PROMOTION AND ADVANCEMENT OF EDUCATION IN APPLIED SCIENCE, COMPUTING, ENGINEERING, AND TECHNOLOGY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06690142
IRS990/NetAssetsOrFundBalancesEOYAmt07409549
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt041406
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt043791
IRS990/OccupancyGrp/ProgramServicesAmt093056
IRS990/OccupancyGrp/TotalAmt0136847
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt070158
IRS990/OfficeExpensesGrp/ProgramServicesAmt0337853
IRS990/OfficeExpensesGrp/TotalAmt0408011
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0130958
IRS990/OtherAssetsTotalGrp/EOYAmt0207118
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt049275
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0306204
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0355479
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2VOLUNTEER RECOGNITION
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT AND M
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012038
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122295
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29530
IRS990/OtherExpensesGrp/ProgramServicesAmt079217
IRS990/OtherExpensesGrp/ProgramServicesAmt147875
IRS990/OtherExpensesGrp/ProgramServicesAmt263027
IRS990/OtherExpensesGrp/ProgramServicesAmt329681
IRS990/OtherExpensesGrp/TotalAmt091255
IRS990/OtherExpensesGrp/TotalAmt170170
IRS990/OtherExpensesGrp/TotalAmt263027
IRS990/OtherExpensesGrp/TotalAmt339211
IRS990/OtherLiabilitiesGrp/BOYAmt0130958
IRS990/OtherLiabilitiesGrp/EOYAmt0207118
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt023706
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023706
IRS990/OtherRevenueTotalAmt023706
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0333891
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02517361
IRS990/OtherSalariesAndWagesGrp/TotalAmt02851252
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0202353
IRS990/PayrollTaxesGrp/ProgramServicesAmt050183
IRS990/PayrollTaxesGrp/TotalAmt0252536
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017279
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0139250
IRS990/PensionPlanContributionsGrp/TotalAmt0156529
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0647745
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0634271
IRS990/PrincipalOfficerNm0MICHAEL MILLIGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0ACCREDITATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2PROFESSIONAL SERVICE R
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08719566
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11689487
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2889530
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08719566
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11689487
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2889530
IRS990/ProgSrvcAccomActy2Grp/Desc0SOCIETY ACCREDITATION ACTIVITIES ADMINISTRATION - ABET FACILITATES THE DISCUSSIONS (THROUGH MEETINGS AND COMMUNICATIONS) AMONG THE MEMBER SOCIETIES WHICH ARE REPRESENTED ON THE ABET BOARD OF DIRECTORS, IMPLEMENTS THE RESULTING CHANGES IN POLICIES AND PROCEDURES AS REACHED BY A CONSENSUS OF THE SOCIETY REPRESENTATIVES, AND ENSURES COMPLIANCE WITH CHANGES. ABET ALSO PROVIDES TRAINING, SYSTEMS AND WEB TOOLS TO ASSIST THE STAFF AND VOLUNTEERS OF THE MEMBER SOCIETIES IN THE FULFILLMENT OF THEIR OWN ACCREDITATION ACTIVITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03289334
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01689487
IRS990/ProgSrvcAccomActy3Grp/Desc0PROFESSIONAL SERVICES - WORKSHOPS FOR FACULTY, MEETINGS FOR PROFESSIONAL TECHNICAL SOCIETIES, AND PROVIDES SPEAKERS ON EDUCATION AND ACCREDITATION TOPICS, AS WELL AS, PRINT AND ON-LINE INFORMATIONAL NEWSLETTERS AND PUBLICATIONS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01967243
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01033236
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0100000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt018568
IRS990/PYOtherExpensesAmt05747728
IRS990/PYOtherRevenueAmt0111308
IRS990/PYProgramServiceRevenueAmt010252797
IRS990/PYRevenuesLessExpensesAmt0580732
IRS990/PYSalariesCompEmpBnftPaidAmt04154213
IRS990/PYTotalExpensesAmt09901941
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010482673
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0678001
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08599566
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01689487
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01747618
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01513194
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01468220
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01448801
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07867320
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt027230
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt018568
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0651
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0763
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01076
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt048288
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt09609096
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08605179
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt015252134
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt014355739
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt013720365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt061542513
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt027230
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt018568
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0651
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0763
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt048288
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00030

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,250,011
Liabilities
$6,840,462
Net assets
$7,409,549
Revenue
$11,349,519
Expenses
$10,671,518
Net income
$678,001
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.2$8.68$20.5$15.3$14.7$0.52
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.2$7.85$18.3$14.6$13.8$0.82
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.6$7.54$17.0$14.2$11.8$2.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.5$9.51$16.0$12.4$9.40$2.98
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$6.53$12.7$12.5$11.3$1.13
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$7.67$11.4$12.8$11.7$1.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$6.52$10.3$12.8$11.6$1.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.0$7.08$8.94$12.0$10.8$1.21
2016Detailed filing. Detailed filing data is available for this year.$14.3$6.84$7.41$11.3$10.7$0.68
2015Detailed filing. Detailed filing data is available for this year.$13.9$7.26$6.69$10.5$9.90$0.58
2014Detailed filing. Detailed filing data is available for this year.$12.1$6.05$6.10$9.52$9.08$0.44
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$4.50$5.65$8.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.79$4.50$5.29$7.84
2011Summary only. Only limited summary data is available for this year.$9.23$4.73$4.49$8.52$7.55$0.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.65$5.13$3.52$6.79