Civic Intelligence

Accreditation Board for Engineering and Technology Inc.

990 • Fiscal year 2020 • EIN 51-0243571

Oct 01, 2019 to Sep 30, 2020 • Filed on Jun 10, 2021

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

61st percentile

0.34x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.52x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

62nd percentile

9.1%

Higher net margin than 62% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

90th percentile

$480,867

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

30th percentile

0.7%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

38th percentile

-2.4%

Faster revenue growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$19,209,109

Up $134,989 (+0.7%) from 2019

Net Assets

Up

$12,676,747

Up $1,274,375 (+11%) from 2019

Liabilities

Down

$6,532,362

Down $1,139,386 (-15%) from 2019

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin62nd percentile

Revenue

Down

$12,461,728

Down $308,227 (-2.4%) from 2019

Expenses

Down

$11,326,990

Down $356,893 (-3.1%) from 2019

Net Income

Up

$1,134,738

Up $48,666 (+4.5%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth30th 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

2020

Assets$19,209,109
Liabilities$6,532,362
Net Assets$12,676,747
Open 2020 Filing

Operations Trend

Revenue Growth38th 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

2020

Revenue$12,461,728
Expenses$11,326,990
Net Income$1,134,738
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Jun 10, 2021
Return Version
2019v5.2
Gross Receipts
$14,069,657
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$5,575,399$7,649,718▲ $2,074,319
Investments in Publicly Traded Securities$4,345,364$5,401,928▲ $1,056,564
Land, Buildings, and Equipment, Net$4,830,857$4,500,027▼ $330,830
Investments Other Securities$1,806,653$1,092,925▼ $713,728
Prepaid Expenses and Deferred Charges$772,042$106,952▼ $665,090
Accounts Receivable$1,374,566$30,008▼ $1,344,558
Total Assets$19,074,120$19,209,109▲ $134,989
Other Assets Total$369,239$427,551▲ $58,312
Liabilities
Deferred Revenue$5,750,032$2,687,836▼ $3,062,196
Accounts Payable and Accrued Expenses$1,552,477$2,238,410▲ $685,933
Other Liabilities$369,239$1,606,116▲ $1,236,877
Total Liabilities$7,671,748$6,532,362▼ $1,139,386
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,402,372$12,676,747▲ $1,274,375
Total Net Assets Fund Balance$11,402,372$12,676,747▲ $1,274,375
Total Liabilities and Net Assets / Fund Balance$19,074,120$19,209,109▲ $134,989

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,992,683$1,664,248$3,656,931
Buildings$2,056,508$801,626$2,858,134
Equipment$90,836$552,866$643,702
Land$360,000-$360,000
Other Securities$1,092,925--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MilliganExecutive Director, CEOFT$402,763$78,104$480,867
Joseph SussmanChief Accreditation Officer, CIOFT$270,046$67,489$337,535
Jessica SilwickCFO,COOFT$227,848$56,367$284,215
Jane EmmetSenior Director, AccreditaitonFT$148,746$49,554$198,300
Joseph LuksicSenior Director, Information MgmtFT$132,320$47,174$179,494
Hwan-kyung ChungSoftware ArchitectFT$124,360$46,603$170,963
James Ingram IiDirector, Constituent RelationsFT$137,179$18,768$155,947
Amanda ReidAdjunct Director, AccreditationFT$138,916$9,073$147,989

Board Members and Trustees

NameTitle
Mary Leigh WolfePast President
David KellyPresident
Dianne ChongPresident-elect
Hamid FonooniApplied Science Area Director
Janice ZdankusAt-large Director
Kristen ConstantAt-large Director
Andrew PhillipsComputing Area Director
Sk RameshEngineering Area Director
Larraine KapkaEngineering Technology Area Director
Gillian BondSecretary
David WhitmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fidelity Mechanical ServicesDecking And Hvac25 LOVETON CIRCLE, Sparks, MD 21152$227,720
HavtechHvac9505 BERGER ROAD, Columbia, MD 21046$151,000
Tecta American EastRoof Services5220 PENNINGTON AVE, Baltimore, MD 21226$114,480
Gloria RogersAdjunct Consultant2248 COTTAGE COURT, Terre Haute, IN 47802$114,262
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,272,126
Investment Income
$186,898
Other Revenue
$2,704
Change in Net Assets
$1,134,738
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,906,893
Salaries, Compensation, and Employee Benefits$5,420,097
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,052,736$130,986-$3,183,722
Travel$1,873,244$5,621-$1,878,865
Current Officers, Directors, Trustees, and Key Employees$949,150$307,616-$1,256,766
Fees for Services Other$1,060,243$71,118-$1,131,361
Conferences and Meetings$553,484$76,598-$630,082
Other Employee Benefits$409,430$48,458-$457,888
Depreciation Depletion$338,666$101,160-$439,826
Office Expenses$344,724$35,681-$380,405
Payroll Taxes$120,988$176,134-$297,122
Pension Plan Contributions$205,611$18,988-$224,599
Occupancy$118,962$35,427-$154,389
All Other Expenses$113,147$18,811-$131,958
Advertising$102,195--$102,195
Other Expenses$74,221$13,842-$88,063
Fees for Services Accounting$43,313$12,938-$56,251
Insurance$44,346$8,812-$53,158
Fees for Services Legal$31,204$9,321-$40,525
Total Functional Expenses$10,090,456$1,236,534$0$11,326,990
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
Ppp Refundable Advance$626,065
Coronavirus Relief Credits$552,500
Deferred Compensation Payable$427,551
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 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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
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
2021-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Milligan
Formed
1963
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
45
Volunteers
1,095

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 801 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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1125904
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1220967
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1323089
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1431554
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1530174
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1611768
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1728103
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt189073
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm1DIANNE CHONG
IRS990/Form990PartVIISectionAGrp/PersonNm2MARY LEIGH WOLFE
IRS990/Form990PartVIISectionAGrp/PersonNm3GILLIAN BOND
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID WHITMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5KRISTEN CONSTANT
IRS990/Form990PartVIISectionAGrp/PersonNm6JANICE ZDANKUS
IRS990/Form990PartVIISectionAGrp/PersonNm7HAMID FONOONI
IRS990/Form990PartVIISectionAGrp/PersonNm8ANDREW PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm9SK RAMESH
IRS990/Form990PartVIISectionAGrp/PersonNm10LARRAINE KAPKA
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL MILLIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm12JESSICA SILWICK
IRS990/Form990PartVIISectionAGrp/PersonNm13JOSEPH SUSSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14JANE EMMET
IRS990/Form990PartVIISectionAGrp/PersonNm15JOSEPH LUKSIC
IRS990/Form990PartVIISectionAGrp/PersonNm16JAMES INGRAM II
IRS990/Form990PartVIISectionAGrp/PersonNm17HWAN-KYUNG CHUNG
IRS990/Form990PartVIISectionAGrp/PersonNm18AMANDA 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/ReportableCompFromOrgAmt11454963
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12263248
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13314446
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14166746
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15149320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16144179
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17142860
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18138916
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5AT-LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6AT-LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7APPLIED SCIENCE AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8COMPUTING AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9ENGINEERING AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10ENGINEERING TECHNOLOGY AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR, CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO,COO
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF ACCREDITATION OFFICER, CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt14SENIOR DIRECTOR, ACCREDITAITON
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR DIRECTOR, INFORMATION MGMT
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR, CONSTITUENT RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt17SOFTWARE ARCHITECT
IRS990/Form990PartVIISectionAGrp/TitleTxt18ADJUNCT DIRECTOR, ACCREDITATION
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt021291
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01629220
IRS990/GrossReceiptsAmt014069657
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt013
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt08812
IRS990/InsuranceGrp/ProgramServicesAmt044346
IRS990/InsuranceGrp/TotalAmt053158
IRS990/InvestmentIncomeGrp/ExclusionAmt0165607
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0165607
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01806653
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01092925
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04345364
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05401928
IRS990/IRPDocumentCnt038
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03018740
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04830857
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04500027
IRS990/LandBldgEquipCostOrOtherBssAmt07518767
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01607929
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/NetAssetsOrFundBalancesBOYAmt011402372
IRS990/NetAssetsOrFundBalancesEOYAmt012676747
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt021291
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt021291
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0139637
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011402372
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012676747
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt035427
IRS990/OccupancyGrp/ProgramServicesAmt0118962
IRS990/OccupancyGrp/TotalAmt0154389
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt035681
IRS990/OfficeExpensesGrp/ProgramServicesAmt0344724
IRS990/OfficeExpensesGrp/TotalAmt0380405
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0369239
IRS990/OtherAssetsTotalGrp/EOYAmt0427551
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt048458
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0409430
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0457888
IRS990/OtherExpensesGrp/Desc0CORONAVIRUS RELIEF CRED
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2VOLUNTEER RECOGNITION
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT AND M
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0127075
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt137932
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt216
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt313842
IRS990/OtherExpensesGrp/ProgramServicesAmt0425425
IRS990/OtherExpensesGrp/ProgramServicesAmt1126991
IRS990/OtherExpensesGrp/ProgramServicesAmt2102376
IRS990/OtherExpensesGrp/ProgramServicesAmt374221
IRS990/OtherExpensesGrp/TotalAmt0552500
IRS990/OtherExpensesGrp/TotalAmt1164923
IRS990/OtherExpensesGrp/TotalAmt2102392
IRS990/OtherExpensesGrp/TotalAmt388063
IRS990/OtherLiabilitiesGrp/BOYAmt0369239
IRS990/OtherLiabilitiesGrp/EOYAmt01606116
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02704
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02704
IRS990/OtherRevenueTotalAmt02704
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0130986
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03052736
IRS990/OtherSalariesAndWagesGrp/TotalAmt03183722
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0176134
IRS990/PayrollTaxesGrp/ProgramServicesAmt0120988
IRS990/PayrollTaxesGrp/TotalAmt0297122
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt018988
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0205611
IRS990/PensionPlanContributionsGrp/TotalAmt0224599
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0772042
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0106952
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/RelatedOrExemptFuncIncomeAmt010378555
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11738851
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2154720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010378555
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11738851
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2154720
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/ExpenseAmt04786702
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01738851
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/ExpenseAmt01298842
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0154720
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0238178
IRS990/PYOtherExpensesAmt06785902
IRS990/PYOtherRevenueAmt072508
IRS990/PYProgramServiceRevenueAmt012459269
IRS990/PYRevenuesLessExpensesAmt01086072
IRS990/PYSalariesCompEmpBnftPaidAmt04897981

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,209,109
Liabilities
$6,532,362
Net assets
$12,676,747
Revenue
$12,461,728
Expenses
$11,326,990
Net income
$1,134,738
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
2020Detailed filing. Detailed filing data is available for this year.$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
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