Civic Intelligence

Accreditation Board for Engineering and Technology Inc.

990 • Fiscal year 2019 • EIN 51-0243571

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 12, 2020

Organization ProfileABET.ORG

View Organization Page

415 North Charles StreetBaltimore, MD 21201

(410) 347-7721

Siviq Scores

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

Liabilities / Assets

67th percentile

0.40x

Higher debt load relative to assets than 67% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

72nd percentile

0.60x

Higher debt load relative to revenue than 72% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

65th percentile

8.5%

Higher net margin than 65% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

90th percentile

$469,184

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-0.1%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$19,074,120

Up $2,239,504 (+13%) from 2018

Net Assets

Up

$11,402,372

Up $1,083,767 (+11%) from 2018

Liabilities

Up

$7,671,748

Up $1,155,737 (+18%) from 2018

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin65th percentile

Revenue

Down

$12,769,955

Down $6,896 (-0.1%) from 2018

Expenses

Up

$11,683,883

Up $92,354 (+0.8%) from 2018

Net Income

Down

$1,086,072

Down $99,250 (-8.4%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth74th 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

2019

Assets$19,074,120
Liabilities$7,671,748
Net Assets$11,402,372
Open 2019 Filing

Operations Trend

Revenue Growth37th 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

2019

Revenue$12,769,955
Expenses$11,683,883
Net Income$1,086,072
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 12, 2020
Return Version
2018v3.2
Gross Receipts
$13,510,363
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 education in app nat science, computing, engineering, and eng. Tech.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,083,143$5,575,399▲ $492,256
Land, Buildings, and Equipment, Net$4,309,467$4,830,857▲ $521,390
Investments in Publicly Traded Securities$3,603,903$4,345,364▲ $741,461
Investments Other Securities$2,185,413$1,806,653▼ $378,760
Accounts Receivable$771,898$1,374,566▲ $602,668
Prepaid Expenses and Deferred Charges$543,030$772,042▲ $229,012
Total Assets$16,834,616$19,074,120▲ $2,239,504
Other Assets Total$337,762$369,239▲ $31,477
Liabilities
Deferred Revenue$4,762,962$5,750,032▲ $987,070
Accounts Payable and Accrued Expenses$1,415,287$1,552,477▲ $137,190
Other Liabilities$337,762$369,239▲ $31,477
Total Liabilities$6,516,011$7,671,748▲ $1,155,737
Net Assets / Fund Balance
Unrestricted Net Assets$10,318,605$11,402,372▲ $1,083,767
Total Net Assets Fund Balance$10,318,605$11,402,372▲ $1,083,767
Total Liabilities and Net Assets / Fund Balance$16,834,616$19,074,120▲ $2,239,504

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,110,953$1,480,283$3,591,236
Buildings$2,211,774$646,241$2,858,015
Equipment$148,130$479,580$627,710
Land$360,000-$360,000
Other Securities$1,806,653--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MilliganExecutive DirectorFT$392,822$76,362$469,184
Joseph SussmanChief Of. of AccreditationFT$252,411$66,041$318,452
Charles HickmanChief Off.constituent(to Aug. 2018)FT$238,552$26,544$265,096
Jessica SilwickChief Financial OfficerFT$185,127$51,941$237,068
Hwan-kyung ChungSoftware ArchitectFT$121,775$45,657$167,432
Joseph LuksicInfo Management DirectorFT$117,572$44,266$161,838
Jane EmmetAccreditation Operations DFT$115,528$45,706$161,234
Amanda ReidAdjunct Accreditation DirectorFT$142,495$11,240$153,735
Rachelle DaucherDirector Hr and OperationsFT$115,375$23,798$139,173

Board Members and Trustees

NameTitle
Wayne BergstromPast President
Michael LightnerPresident
Mary Leigh WolfePresident Elect
Janice ZdankusAt-large Director
Steve CramerAt-large Director
David KellyComputing Area Director
Dianne ChongEngineering Area Director
Larraine KapkaEngineering Technology Area Director
Nicole ChestangPublic Director
Bret ClausenApplied Science Area Direc
Stuart ZwebenSecretary
David WhitmanTreasurer (as of November 2018)
Craig MusselmanTreasurer (up to November 2018)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,459,269
Investment Income
$238,178
Other Revenue
$72,508
Change in Net Assets
$1,086,072

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,745,806
Revenue Not Reported on Financial Statements
$24,149
Revenue Not Reported on Form 990
$9,849,135
Total Revenue per Audited Statements
$22,594,941
Total Revenue per Form 990
$12,769,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,785,902
Salaries, Compensation, and Employee Benefits$4,897,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$3,057,514$6,734-$3,064,248
Other Salaries and Wages$2,753,027$61,267-$2,814,294
Conferences and Meetings$1,253,574$1,921-$1,255,495
Current Officers, Directors, Trustees, and Key Employees$931,356$301,047-$1,232,403
Fees for Services Other$1,084,123$65,634-$1,149,757
Other Employee Benefits$383,694$47,625-$431,319
Depreciation Depletion$318,556$95,153-$413,709
Office Expenses$307,433$29,004-$336,437
Payroll Taxes$45,983$181,349-$227,332
Pension Plan Contributions$177,067$15,566-$192,633
Occupancy$83,258$24,698-$107,956
Insurance$74,354$9,286-$83,640
Advertising$55,597--$55,597
Other Expenses$43,110$8,437-$51,547
Fees for Services Accounting$26,950$8,050-$35,000
Fees for Services Legal$21,136$6,313-$27,449
Fees for Service Investment Mgmnt Fees-$24,149-$24,149
Total Functional Expenses$10,783,852$900,031$0$11,683,883

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$21,511,174
Total Expenses per Form 990$11,683,883
Expenses per Audited Statements$11,659,734
Expenses Not Reported on Form 990$9,851,440
Expenses Not Reported on Financial Statements$24,149
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
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServicesEvaluation of Programs to Be Accredited00-
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesEvaluation of Programs to Be Accredited00-
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program ServicesEvaluation of Programs to Be Accredited00-
North America - Canada and Mexico, But Not the United StatesProgram ServicesEvaluation of Programs to Be Accredited00-
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program ServicesEvaluation of Programs to Be Accredited00-
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program ServicesEvaluation of Programs to Be Accredited00-
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Program ServicesEvaluation 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$369,239
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 of directors is comprised of individuals who serve as officers, directors, and representatives of the public. The board of delegates are selected and appointed by the separate member societies, with each society having at least one but not more than three delegates. The board of delegates nominates and elects the officers of abet from a group comprised of present and past directors and delegates.”

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

“All governance and strategic directives must have the majority vote.”

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

“An initial review is done by current treasurer and executive director. A reviewed copy is provided to the board of directors 10 days prior to filing.”

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

“Every year all board members must sign a conflict of interest document that acknowledges they understand their responsibility to recuse themselves from discussions or decisions where they have a real or perceived conflict of interest.”

Form 990, Part VI, Section B, Line 15

“A consulting firm specializing in association management compensation is hired every few years to conduct a compensation study that compares salaries and benefits to similar association in the local area and make recommendations. Our most recent compensation study was conducted in 2018.”

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
4103477721
Address
415 NORTH CHARLES STREET, BALTIMORE, MD 21201

Signing Officer

Name
Michael Milligan
Title
Executive Director
Phone
4103477721
Signed
2020-08-12
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
42
Volunteers
1,016

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 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 807 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/PersonNm1MICHAEL LIGHTNER
IRS990/Form990PartVIISectionAGrp/PersonNm2MARY LEIGH WOLFE
IRS990/Form990PartVIISectionAGrp/PersonNm3STUART ZWEBEN
IRS990/Form990PartVIISectionAGrp/PersonNm4BRET CLAUSEN
IRS990/Form990PartVIISectionAGrp/PersonNm5DIANNE CHONG
IRS990/Form990PartVIISectionAGrp/PersonNm6LARRAINE KAPKA
IRS990/Form990PartVIISectionAGrp/PersonNm7NICOLE CHESTANG
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm9STEVE CRAMER
IRS990/Form990PartVIISectionAGrp/PersonNm10JANICE ZDANKUS
IRS990/Form990PartVIISectionAGrp/PersonNm11CRAIG MUSSELMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12DAVID WHITMAN
IRS990/Form990PartVIISectionAGrp/PersonNm13MICHAEL MILLIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm14JESSICA SILWICK
IRS990/Form990PartVIISectionAGrp/PersonNm15CHARLES HICKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm16JOSEPH SUSSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm17JANE EMMET
IRS990/Form990PartVIISectionAGrp/PersonNm18JOSEPH LUKSIC
IRS990/Form990PartVIISectionAGrp/PersonNm19HWAN-KYUNG CHUNG
IRS990/Form990PartVIISectionAGrp/PersonNm20RACHELLE DAUCHER
IRS990/Form990PartVIISectionAGrp/PersonNm21AMANDA REID
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/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13443713
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14219627
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15238552
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16296811
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17132528
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18134572
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19140275
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20115375
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21142495
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/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4APPLIED SCIENCE AREA DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt5ENGINEERING AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6ENGINEERING TECHNOLOGY AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PUBLIC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8COMPUTING AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9AT-LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10AT-LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER (UP TO NOVEMBER 2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER (AS OF NOVEMBER 2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF OFF.CONSTITUENT(TO AUG. 2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF OF. OF ACCREDITATION
IRS990/Form990PartVIISectionAGrp/TitleTxt17ACCREDITATION OPERATIONS D
IRS990/Form990PartVIISectionAGrp/TitleTxt18INFO MANAGEMENT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19SOFTWARE ARCHITECT
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIR. HR AND OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt21ADJUNCT ACCREDITATION DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt058141
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0798549
IRS990/GrossReceiptsAmt013510363
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt012
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt09286
IRS990/InsuranceGrp/ProgramServicesAmt074354
IRS990/InsuranceGrp/TotalAmt083640
IRS990/InvestmentIncomeGrp/ExclusionAmt0180037
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0180037
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02185413
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01806653
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03603903
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04345364
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02606104
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04309467
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04830857
IRS990/LandBldgEquipCostOrOtherBssAmt07436961
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0740408
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 NATURAL SCIENCE, COMPUTING, ENGINEERING, AND ENGINEERING TECHNOLOGY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010318605
IRS990/NetAssetsOrFundBalancesEOYAmt011402372
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt058141
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt058141
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2305
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt024698
IRS990/OccupancyGrp/ProgramServicesAmt083258
IRS990/OccupancyGrp/TotalAmt0107956
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029004
IRS990/OfficeExpensesGrp/ProgramServicesAmt0307433
IRS990/OfficeExpensesGrp/TotalAmt0336437
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0337762
IRS990/OtherAssetsTotalGrp/EOYAmt0369239
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt047625
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0383694
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0431319
IRS990/OtherExpensesGrp/Desc0STAFF DEVELOPMENT AND M
IRS990/OtherExpensesGrp/Desc1VOLUNTEER RECOGNITION
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010611
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23173
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt38437
IRS990/OtherExpensesGrp/ProgramServicesAmt063842
IRS990/OtherExpensesGrp/ProgramServicesAmt154667
IRS990/OtherExpensesGrp/ProgramServicesAmt248611
IRS990/OtherExpensesGrp/ProgramServicesAmt343110
IRS990/OtherExpensesGrp/TotalAmt074453
IRS990/OtherExpensesGrp/TotalAmt154681
IRS990/OtherExpensesGrp/TotalAmt251784
IRS990/OtherExpensesGrp/TotalAmt351547
IRS990/OtherLiabilitiesGrp/BOYAmt0337762
IRS990/OtherLiabilitiesGrp/EOYAmt0369239
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt072508
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt072508
IRS990/OtherRevenueTotalAmt072508
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt061267
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02753027
IRS990/OtherSalariesAndWagesGrp/TotalAmt02814294
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0181349
IRS990/PayrollTaxesGrp/ProgramServicesAmt045983
IRS990/PayrollTaxesGrp/TotalAmt0227332
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015566
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0177067
IRS990/PensionPlanContributionsGrp/TotalAmt0192633
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0543030
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0772042
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/RelatedOrExemptFuncIncomeAmt09572067
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11786332
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21100870
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09572067
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11786332
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21100870
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 DELEGATES, 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/ExpenseAmt03812348
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01786332
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/ExpenseAmt01787207
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01100870
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07991
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0103679
IRS990/PYOtherExpensesAmt07148274
IRS990/PYOtherRevenueAmt09925
IRS990/PYProgramServiceRevenueAmt012655256
IRS990/PYRevenuesLessExpensesAmt01185322
IRS990/PYSalariesCompEmpBnftPaidAmt04443255
IRS990/PYTotalExpensesAmt011591529
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012776851
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01086072
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,074,120
Liabilities
$7,671,748
Net assets
$11,402,372
Revenue
$12,769,955
Expenses
$11,683,883
Net income
$1,086,072
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
2019Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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