Civic Intelligence

Accreditation Board for Engineering and Technology Inc.

990 • Fiscal year 2022 • EIN 51-0243571

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 10, 2023

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

64th percentile

0.31x

Higher debt load relative to assets than 64% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

0.53x

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

67th percentile

17%

Higher net margin than 67% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

91st percentile

$512,036

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

36th percentile

-3.5%

Faster asset growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

15%

Faster revenue growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$24,567,861

Down $894,370 (-3.5%) from 2021

Net Assets

Up

$17,023,289

Up $1,069,394 (+6.7%) from 2021

Liabilities

Down

$7,544,572

Down $1,963,764 (-21%) from 2021

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin67th percentile

Revenue

Up

$14,197,976

Up $1,821,286 (+15%) from 2021

Expenses

Up

$11,833,104

Up $2,438,022 (+26%) from 2021

Net Income

Down

$2,364,872

Down $616,736 (-21%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth36th 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

2022

Assets$24,567,861
Liabilities$7,544,572
Net Assets$17,023,289
Open 2022 Filing

Operations Trend

Revenue Growth66th 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

2022

Revenue$14,197,976
Expenses$11,833,104
Net Income$2,364,872
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 10, 2023
Return Version
2021v4.2
Gross Receipts
$16,400,151
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$13,544,342$10,583,562▼ $2,960,780
Investments in Publicly Traded Securities$6,488,633$6,579,386▲ $90,753
Land, Buildings, and Equipment, Net$4,071,851$3,670,060▼ $401,791
Investments Other Securities$592,991$1,464,499▲ $871,508
Prepaid Expenses and Deferred Charges$200,874$1,129,382▲ $928,508
Accounts Receivable$22,495$697,204▲ $674,709
Total Assets$25,462,231$24,567,861▼ $894,370
Other Assets Total$541,045$443,768▼ $97,277
Liabilities
Deferred Revenue$5,653,875$4,661,006▼ $992,869
Accounts Payable and Accrued Expenses$2,049,666$1,586,898▼ $462,768
Other Liabilities$1,804,795$1,296,668▼ $508,127
Total Liabilities$9,508,336$7,544,572▼ $1,963,764
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,953,895$17,023,289▲ $1,069,394
Total Net Assets Fund Balance$15,953,895$17,023,289▲ $1,069,394
Total Liabilities and Net Assets / Fund Balance$25,462,231$24,567,861▼ $894,370

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,514,589$1,431,171$2,945,760
Buildings$1,736,756$1,121,378$2,858,134
Equipment$58,715$513,901$572,616
Land$360,000-$360,000
Other Securities$1,464,499--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MilliganExecutive DirectorFT$422,687$89,349$512,036
Joseph SussmanChief Accreditation Officer, CIOFT$281,836$69,244$351,080
Jessica SilwickCFO, COOFT$238,904$58,418$297,322
Jane EmmetSenior Director, AccreditaitonFT$156,347$52,214$208,561
Joseph LuksicSenior Director, Information MgmtFT$138,303$50,019$188,322
Hwan-kyung ChungSoftware ArchitectFT$131,747$49,101$180,848
Stephanie HarringtonDirector, Constituent RelationsFT$137,114$27,532$164,646
Daniela IaconaDIRECTOR, INT'L ENGMT & GOVERNANCEFT$125,897$31,259$157,156

Board Members and Trustees

NameTitle
Dianne ChongPast President
William J WepferPresident
S K RameshPresident-elect
Hamid FonooniApplied and Natural Sciences Area Director
Charles MenkeAt-large Director
Sarah RajalaAt-large Director
Andrew PhillipsComputing Area Director
Stephen PhillipsEngineering Area Director
Larraine KapkaEngineering Technology Area Director
Ellayne GanzfriedPublic Director
Barbara PriceSecretary
David WhitmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Gloria RogersAdult Assessment Learning2248 COTTAGE COURT, Terre Haite, IN 47803$134,145
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,779,358
Investment Income
$417,779
Other Revenue
$839
Change in Net Assets
$2,364,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,988,588
Salaries, Compensation, and Employee Benefits$5,844,516
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,364,703$27,929-$3,392,632
Current Officers, Directors, Trustees, and Key Employees$1,055,444$341,486-$1,396,930
Fees for Services Other$1,095,894$81,663-$1,177,557
Travel$995,809$8,434-$1,004,243
Conferences and Meetings$859,020$95-$859,115
Pension Plan Contributions$441,642$36,051-$477,693
Depreciation Depletion$319,722$84,881-$404,603
Payroll Taxes$116,142$193,983-$310,125
Office Expenses$218,599$48,761-$267,360
Other Employee Benefits$249,688$17,448-$267,136
Advertising$196,955$50,228-$247,183
Occupancy$183,787$21,638-$205,425
Insurance$84,969$11,425-$96,394
Other Expenses$43,572$3,243-$46,815
Fees for Services Legal$34,590$8,648-$43,238
Fees for Services Accounting$33,600$8,400-$42,000
Fees for Service Investment Mgmnt Fees-$40,576-$40,576
Total Functional Expenses$10,703,770$1,129,334$0$11,833,104
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 Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program ServicesEvaluation of Programs to Be Accredited00-
Russia and Neighboring States - Armenia, Azerbijan, Belarus,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
Coronavirus Relief Credits$852,900
Deferred Compensation Payable$443,768
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
2023-08-10
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
44
Volunteers
1,139

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 273,195. Management and general expenses 20,357. Fundraising expenses 0. Total expenses 293,552. Outside computer services: program service expenses 194,165. Management and general expenses 14,469. Fundraising expenses 0. Total expenses 208,634. Adjunct consulting fees: program service expenses 628,534. Management and general expenses 46,837. Fundraising expenses 0. Total expenses 675,371.”

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 818 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/OtherCompensationAmt1830501
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1915959
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM J WEPFER
IRS990/Form990PartVIISectionAGrp/PersonNm1S K RAMESH
IRS990/Form990PartVIISectionAGrp/PersonNm2DIANNE CHONG
IRS990/Form990PartVIISectionAGrp/PersonNm3BARBARA PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID WHITMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5CHARLES MENKE
IRS990/Form990PartVIISectionAGrp/PersonNm6SARAH RAJALA
IRS990/Form990PartVIISectionAGrp/PersonNm7ELLAYNE GANZFRIED
IRS990/Form990PartVIISectionAGrp/PersonNm8HAMID FONOONI
IRS990/Form990PartVIISectionAGrp/PersonNm9ANDREW PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm10STEPHEN PHILLIPS
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/PersonNm17STEPHANIE HARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm18HWAN-KYUNG CHUNG
IRS990/Form990PartVIISectionAGrp/PersonNm19DANIELA IACONA
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/ReportableCompFromOrgAmt12485387
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13275604
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14327136
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15175047
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16155303
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17151614
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18150347
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19141197
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 AND NATURAL SCIENCES AREA 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, INT'L ENGMT & GOVERNANCE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0200538
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02402713
IRS990/GrossReceiptsAmt016400151
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt015
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt011425
IRS990/InsuranceGrp/ProgramServicesAmt084969
IRS990/InsuranceGrp/TotalAmt096394
IRS990/InvestmentIncomeGrp/ExclusionAmt0217241
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0217241
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0592991
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01464499
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06488633
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06579386
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03066450
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04071851
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03670060
IRS990/LandBldgEquipCostOrOtherBssAmt06736510
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02202175
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/NetAssetsOrFundBalancesBOYAmt015953895
IRS990/NetAssetsOrFundBalancesEOYAmt017023289
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0200538
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0200538
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1295478
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt015953895
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt017023289
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt021638
IRS990/OccupancyGrp/ProgramServicesAmt0183787
IRS990/OccupancyGrp/TotalAmt0205425
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt048761
IRS990/OfficeExpensesGrp/ProgramServicesAmt0218599
IRS990/OfficeExpensesGrp/TotalAmt0267360
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0541045
IRS990/OtherAssetsTotalGrp/EOYAmt0443768
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017448
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0249688
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0267136
IRS990/OtherExpensesGrp/Desc0CORONAVIRUS RELIEF CRED
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0130567
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113878
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23243
IRS990/OtherExpensesGrp/ProgramServicesAmt0852900
IRS990/OtherExpensesGrp/ProgramServicesAmt1491181
IRS990/OtherExpensesGrp/ProgramServicesAmt265553
IRS990/OtherExpensesGrp/ProgramServicesAmt343572
IRS990/OtherExpensesGrp/TotalAmt0852900
IRS990/OtherExpensesGrp/TotalAmt1621748
IRS990/OtherExpensesGrp/TotalAmt279431
IRS990/OtherExpensesGrp/TotalAmt346815
IRS990/OtherLiabilitiesGrp/BOYAmt01804795
IRS990/OtherLiabilitiesGrp/EOYAmt01296668
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0839
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0839
IRS990/OtherRevenueTotalAmt0839
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027929
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03364703
IRS990/OtherSalariesAndWagesGrp/TotalAmt03392632
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0193983
IRS990/PayrollTaxesGrp/ProgramServicesAmt0116142
IRS990/PayrollTaxesGrp/TotalAmt0310125
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt036051
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0441642
IRS990/PensionPlanContributionsGrp/TotalAmt0477693
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0200874
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01129382
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/RelatedOrExemptFuncIncomeAmt011809365
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11579630
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2390363
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011809365
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11579630
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2390363
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/ExpenseAmt01777272
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01579630
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/ExpenseAmt01142834
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0390363
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0626065
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0723595
IRS990/PYOtherExpensesAmt03907171
IRS990/PYOtherRevenueAmt0909
IRS990/PYProgramServiceRevenueAmt011026121
IRS990/PYRevenuesLessExpensesAmt02981608
IRS990/PYSalariesCompEmpBnftPaidAmt05487911
IRS990/PYTotalExpensesAmt09395082
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012376690
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02364872
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00

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Filings

Displayed year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$24,567,861
Liabilities
$7,544,572
Net assets
$17,023,289
Revenue
$14,197,976
Expenses
$11,833,104
Net income
$2,364,872
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
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