Civic Intelligence

Accreditation Board for Engineering and Technology Inc.

990 • Fiscal year 2021 • EIN 51-0243571

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 10, 2022

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

66th percentile

0.37x

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.77x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

70th percentile

24%

Higher net margin than 70% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

84th percentile

$499,012

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

85th percentile

33%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

27th percentile

-0.7%

Faster revenue growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$25,462,231

Up $6,253,122 (+33%) from 2020

Net Assets

Up

$15,953,895

Up $3,277,148 (+26%) from 2020

Liabilities

Up

$9,508,336

Up $2,975,974 (+46%) from 2020

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin70th percentile

Revenue

Down

$12,376,690

Down $85,038 (-0.7%) from 2020

Expenses

Down

$9,395,082

Down $1,931,908 (-17%) from 2020

Net Income

Up

$2,981,608

Up $1,846,870 (+163%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth85th 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

2021

Assets$25,462,231
Liabilities$9,508,336
Net Assets$15,953,895
Open 2021 Filing

Operations Trend

Revenue Growth27th 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

2021

Revenue$12,376,690
Expenses$9,395,082
Net Income$2,981,608
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 10, 2022
Return Version
2020v4.2
Gross Receipts
$14,060,292
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$7,649,718$13,544,342▲ $5,894,624
Investments in Publicly Traded Securities$5,401,928$6,488,633▲ $1,086,705
Land, Buildings, and Equipment, Net$4,500,027$4,071,851▼ $428,176
Investments Other Securities$1,092,925$592,991▼ $499,934
Prepaid Expenses and Deferred Charges$106,952$200,874▲ $93,922
Accounts Receivable$30,008$22,495▼ $7,513
Total Assets$19,209,109$25,462,231▲ $6,253,122
Other Assets Total$427,551$541,045▲ $113,494
Liabilities
Deferred Revenue$2,687,836$5,653,875▲ $2,966,039
Accounts Payable and Accrued Expenses$2,238,410$2,049,666▼ $188,744
Other Liabilities$1,606,116$1,804,795▲ $198,679
Total Liabilities$6,532,362$9,508,336▲ $2,975,974
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,676,747$15,953,895▲ $3,277,148
Total Net Assets Fund Balance$12,676,747$15,953,895▲ $3,277,148
Total Liabilities and Net Assets / Fund Balance$19,209,109$25,462,231▲ $6,253,122

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,793,720$1,152,040$2,945,760
Buildings$1,896,632$961,502$2,858,134
Equipment$21,499$567,078$588,577
Land$360,000-$360,000
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MilliganExecutive DirectorFT$411,231$87,781$499,012
Joseph SussmanChief Accreditation Officer, CIOFT$275,323$68,184$343,507
Jessica SilwickCFO, COOFT$233,695$57,516$291,211
Jane EmmetSenior Director, AccreditaitonFT$152,431$49,892$202,323
Hwan-kyung ChungSoftware ArchitectFT$129,111$47,099$176,210
James Ingram IiDirector, Constituent RelationsFT$136,833$30,855$167,688
Joseph LuksicSenior Director, Information MgmtFT$134,793$29,878$164,671
Rachelle DaucherDirector, Hr & OperationsFT$111,892$43,559$155,451

Board Members and Trustees

NameTitle
David P KellyPast President
Dianne ChongPresident
William J WepferPresident-elect
Hamid FonooniApplied & Natural Sciences Director
Charles MenkeAt-large Director
Kristen ConstantAt-large Director
Andrew PhillipsComputing Area Director
S K RameshEngineering Area Director
Larraine KapkaEngineering Technology Area Director
Ellayne GanzfriedPublic Director
Gillian BondSecretary
David WhitmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Gloria RogersAdult Assessment Learning2248 COTTAGE COURT, Terre Haute, IN 47803$100,034
Revenue and Support

Revenue Composition

Contributions and Grants
$626,065
Program Service Revenue
$11,026,121
Investment Income
$723,595
Other Revenue
$909
Change in Net Assets
$2,981,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,487,911
Other Expenses$3,907,171
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,180,348$41,683-$3,222,031
Current Officers, Directors, Trustees, and Key Employees$978,610$316,314-$1,294,924
Fees for Services Other$1,135,535$50,215-$1,185,750
Other Employee Benefits$389,170$37,981-$427,151
Depreciation Depletion$336,383$89,418-$425,801
Office Expenses$370,932$40,991-$411,923
Payroll Taxes$155,206$159,476-$314,682
Pension Plan Contributions$213,367$15,756-$229,123
Advertising$181,805--$181,805
Occupancy$78,831$20,955-$99,786
Insurance$78,407$6,373-$84,780
Other Expenses$50,622$2,159-$52,781
Fees for Service Investment Mgmnt Fees-$33,324-$33,324
Conferences and Meetings$18,189--$18,189
Fees for Services Legal$12,166$3,634-$15,800
Fees for Services Accounting$11,707$3,497-$15,204
Total Functional Expenses$8,446,010$949,072$0$9,395,082
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-
Central America and the CaribbeanProgram ServicesEvaluation of Programs to Be Accredited00-
Russia and Neighboring StatesProgram 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
Coronavirus Relief Credits$1,263,750
Deferred Compensation Payable$541,045
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 associations in the local area and make recommendations. Our most recent compensation study was conducted in 2021.”

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
2022-08-10
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
42
Volunteers
1,030

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

“Professional fees - other: program service expenses 360,589. Management and general expenses 15,946. Fundraising expenses 0. Total expenses 376,535. Outside computer services: program service expenses 136,468. Management and general expenses 6,035. Fundraising expenses 0. Total expenses 142,503. Adjunct consulting fees: program service expenses 638,478. Management and general expenses 28,234. Fundraising expenses 0. Total expenses 666,712.”

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 819 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/PersonNm2DAVID P KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm3GILLIAN BOND
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID WHITMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5CHARLES MENKE
IRS990/Form990PartVIISectionAGrp/PersonNm6KRISTEN CONSTANT
IRS990/Form990PartVIISectionAGrp/PersonNm7ELLAYNE GANZFRIED
IRS990/Form990PartVIISectionAGrp/PersonNm8HAMID FONOONI
IRS990/Form990PartVIISectionAGrp/PersonNm9ANDREW PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm10S K RAMESH
IRS990/Form990PartVIISectionAGrp/PersonNm11LARRAINE KAPKA
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHAEL MILLIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm13JESSICA SILWICK
IRS990/Form990PartVIISectionAGrp/PersonNm14JOSEPH SUSSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15JANE EMMET
IRS990/Form990PartVIISectionAGrp/PersonNm16JOSEPH LUKSIC
IRS990/Form990PartVIISectionAGrp/PersonNm17JAMES INGRAM II
IRS990/Form990PartVIISectionAGrp/PersonNm18HWAN-KYUNG CHUNG
IRS990/Form990PartVIISectionAGrp/PersonNm19RACHELLE DAUCHER
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/ReportableCompFromOrgAmt12472731
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13269895
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14320023
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15170831
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16151793
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17151133
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18147711
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19126292
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/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/TitleTxt7PUBLIC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8APPLIED & NATURAL SCIENCES DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9COMPUTING AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10ENGINEERING AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ENGINEERING TECHNOLOGY AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO, COO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF ACCREDITATION OFFICER, CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR DIRECTOR, ACCREDITAITON
IRS990/Form990PartVIISectionAGrp/TitleTxt16SENIOR DIRECTOR, INFORMATION MGMT
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR, CONSTITUENT RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt18SOFTWARE ARCHITECT
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR, HR & OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0592060
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0626065
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02275662
IRS990/GrossReceiptsAmt014060292
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt013
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06373
IRS990/InsuranceGrp/ProgramServicesAmt078407
IRS990/InsuranceGrp/TotalAmt084780
IRS990/InvestmentIncomeGrp/ExclusionAmt0131535
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0131535
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01092925
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0592991
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05401928
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06488633
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02680620
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04500027
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04071851
IRS990/LandBldgEquipCostOrOtherBssAmt06752471
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01683602
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/NetAssetsOrFundBalancesBOYAmt012676747
IRS990/NetAssetsOrFundBalancesEOYAmt015953895
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0592060
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0592060
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0295540
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012676747
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt015953895
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt020955
IRS990/OccupancyGrp/ProgramServicesAmt078831
IRS990/OccupancyGrp/TotalAmt099786
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt040991
IRS990/OfficeExpensesGrp/ProgramServicesAmt0370932
IRS990/OfficeExpensesGrp/TotalAmt0411923
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0427551
IRS990/OtherAssetsTotalGrp/EOYAmt0541045
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037981
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0389170
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0427151
IRS990/OtherExpensesGrp/Desc0CORONAVIRUS RELIEF CRED
IRS990/OtherExpensesGrp/Desc1VOLUNTEER RECOGNITION
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0116025
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111271
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22159
IRS990/OtherExpensesGrp/ProgramServicesAmt01147725
IRS990/OtherExpensesGrp/ProgramServicesAmt160773
IRS990/OtherExpensesGrp/ProgramServicesAmt246234
IRS990/OtherExpensesGrp/ProgramServicesAmt350622
IRS990/OtherExpensesGrp/TotalAmt01263750
IRS990/OtherExpensesGrp/TotalAmt160773
IRS990/OtherExpensesGrp/TotalAmt257505
IRS990/OtherExpensesGrp/TotalAmt352781
IRS990/OtherLiabilitiesGrp/BOYAmt01606116
IRS990/OtherLiabilitiesGrp/EOYAmt01804795
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0909
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0909
IRS990/OtherRevenueTotalAmt0909
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt041683
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03180348
IRS990/OtherSalariesAndWagesGrp/TotalAmt03222031
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0159476
IRS990/PayrollTaxesGrp/ProgramServicesAmt0155206
IRS990/PayrollTaxesGrp/TotalAmt0314682
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015756
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0213367
IRS990/PensionPlanContributionsGrp/TotalAmt0229123
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0106952
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0200874
IRS990/PrincipalOfficerNm0MICHAEL MILLIGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0ACCREDITATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc2PROFESSIONAL OFFERINGS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08709296
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11570280
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2746545
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08709296
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11570280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2746545
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/ExpenseAmt01040084
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01570280
IRS990/ProgSrvcAccomActy3Grp/Desc0PROFESSIONAL OFFERINGS - 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/ExpenseAmt01731433
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0746545
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0186898
IRS990/PYOtherExpensesAmt05906893
IRS990/PYOtherRevenueAmt02704
IRS990/PYProgramServiceRevenueAmt012272126
IRS990/PYRevenuesLessExpensesAmt01134738
IRS990/PYSalariesCompEmpBnftPaidAmt05420097
IRS990/PYTotalExpensesAmt011326990
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012461728
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02981608
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08709296

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,462,231
Liabilities
$9,508,336
Net assets
$15,953,895
Revenue
$12,376,690
Expenses
$9,395,082
Net income
$2,981,608
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
2021Detailed filing. Detailed filing data is available for this year.$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
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