Civic Intelligence

Accreditation Board for Engineering and Technology Inc.

990 • Fiscal year 2023 • EIN 51-0243571

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 07, 2024

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

58th percentile

0.30x

Higher debt load relative to assets than 58% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

64th percentile

0.54x

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

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

55th percentile

5.6%

Higher net margin than 55% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

85th percentile

$540,156

Higher top officer pay than 85% of similar nonprofits.

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

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

50th percentile

6.5%

Faster asset growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

45th percentile

2.9%

Faster revenue growth than 45% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$26,155,499

Up $1,587,638 (+6.5%) from 2022

Net Assets

Up

$18,305,952

Up $1,282,663 (+7.5%) from 2022

Liabilities

Up

$7,849,547

Up $304,975 (+4.0%) from 2022

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin55th percentile

Revenue

Up

$14,613,853

Up $415,877 (+2.9%) from 2022

Expenses

Up

$13,796,316

Up $1,963,212 (+17%) from 2022

Net Income

Down

$817,537

Down $1,547,335 (-65%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth50th 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

2023

Assets$26,155,499
Liabilities$7,849,547
Net Assets$18,305,952
Open 2023 Filing

Operations Trend

Revenue Growth45th 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

2023

Revenue$14,613,853
Expenses$13,796,316
Net Income$817,537
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 7, 2024
Return Version
2022v5.0
Gross Receipts
$20,966,426
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 quality stem higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,583,562$7,901,391▼ $2,682,171
Investments in Publicly Traded Securities$6,579,386$6,904,902▲ $325,516
Land, Buildings, and Equipment, Net$3,670,060$3,375,558▼ $294,502
Investments Other Securities$1,464,499$3,097,021▲ $1,632,522
Accounts Receivable$697,204$2,487,353▲ $1,790,149
Prepaid Expenses and Deferred Charges$1,129,382$1,851,131▲ $721,749
Total Assets$24,567,861$26,155,499▲ $1,587,638
Other Assets Total$443,768$538,143▲ $94,375
Liabilities
Deferred Revenue$4,661,006$4,491,919▼ $169,087
Accounts Payable and Accrued Expenses$1,586,898$2,819,485▲ $1,232,587
Other Liabilities$1,296,668$538,143▼ $758,525
Total Liabilities$7,544,572$7,849,547▲ $304,975
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,023,289$18,305,952▲ $1,282,663
Total Net Assets Fund Balance$17,023,289$18,305,952▲ $1,282,663
Total Liabilities and Net Assets / Fund Balance$24,567,861$26,155,499▲ $1,587,638

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,343,360$1,602,400$2,945,760
Buildings$1,576,955$1,281,179$2,858,134
Equipment$95,243$543,367$638,610
Land$360,000-$360,000
Other Securities$3,097,021--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MilliganExecutive DirectorFT$442,807$97,349$540,156
Joseph SussmanChief Accreditation Officer, CIOFT$294,633$72,409$367,042
Jessica SilwickCFO, COOFT$251,432$61,910$313,342
Jane EmmetSenior Director, AccreditaitonFT$163,911$56,017$219,928
Joseph LuksicSenior Director, Information MgmtFT$145,534$59,214$204,748
Robyn HallDirector, Professional ProgramsFT$154,190$45,133$199,323
Stephanie HarringtonDirector, Constituent RelationsFT$151,682$40,042$191,724
Hwan-kyung ChungSoftware ArchitectFT$137,937$49,027$186,964

Board Members and Trustees

NameTitle
William J WepferPast President
S K RameshPresident
Hamid FonooniPresident-elect
Charles MenkeAt-large Director
Sarah RajalaAt-large Director
Paul LeidigComputing Area Director
Stephen PhillipsEngineering Area Director
Larraine KapkaEngineering Tech Area Director
Ellayne GanzfriedPublic Director
Alice GreifeApplied & Natural Sciences
Barbara PriceSecretary
David WhitmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$14,317,436
Investment Income
$296,401
Other Revenue
$16
Change in Net Assets
$817,537
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,050,212
Salaries, Compensation, and Employee Benefits$5,746,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$3,576,598$32,370-$3,608,968
Other Salaries and Wages$3,413,653$74,046-$3,487,699
Fees for Services Other$1,220,604$98,554-$1,319,158
Conferences and Meetings$1,261,695$5,261-$1,266,956
Current Officers, Directors, Trustees, and Key Employees$949,694$308,032-$1,257,726
Office Expenses$411,583$45,927-$457,510
Other Employee Benefits$395,371$35,535-$430,906
Depreciation Depletion$284,792$75,704-$360,496
Advertising$304,606$41,078-$345,684
Payroll Taxes$75,267$246,466-$321,733
Pension Plan Contributions$235,500$12,540-$248,040
Occupancy$94,896$24,965-$119,861
Insurance$92,962$10,948-$103,910
Fees for Services Accounting$36,540$5,460-$42,000
Fees for Service Investment Mgmnt Fees-$40,401-$40,401
Other Expenses$30,323$617-$30,940
Fees for Services Legal$19,043$2,845-$21,888
Total Functional Expenses$12,668,138$1,128,178$0$13,796,316
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
Deferred Compensation Payable$538,143
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
2024-08-07
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
41
Volunteers
1,137

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 803 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/PersonNm12MICHAEL MILLIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm13JESSICA SILWICK
IRS990/Form990PartVIISectionAGrp/PersonNm14JOSEPH SUSSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15JANE EMMET
IRS990/Form990PartVIISectionAGrp/PersonNm16ROBYN HALL
IRS990/Form990PartVIISectionAGrp/PersonNm17STEPHANIE HARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm18JOSEPH LUKSIC
IRS990/Form990PartVIISectionAGrp/PersonNm19HWAN-KYUNG CHUNG
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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/ReportableCompFromOrgAmt12513007
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13289932
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14342033
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15183511
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16169990
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17169982
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18163134
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19154637
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
IRS990/Form990PartVIISectionAGrp/TitleTxt9COMPUTING AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10ENGINEERING AREA DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ENGINEERING TECH AREA DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO, COO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF ACCREDITATION OFFICER, CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR DIRECTOR, ACCREDITAITON
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR, PROFESSIONAL PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR, CONSTITUENT RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt18SENIOR DIRECTOR, INFORMATION MGMT
IRS990/Form990PartVIISectionAGrp/TitleTxt19SOFTWARE ARCHITECT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
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IRS990/GainOrLossGrp/SecuritiesAmt0-56927
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06295646
IRS990/GrossReceiptsAmt020966426
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt017
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt010948
IRS990/InsuranceGrp/ProgramServicesAmt092962
IRS990/InsuranceGrp/TotalAmt0103910
IRS990/InvestmentIncomeGrp/ExclusionAmt0353328
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0353328
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01464499
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03097021
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06579386
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06904902
IRS990/IRPDocumentCnt058
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03426946
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03670060
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03375558
IRS990/LandBldgEquipCostOrOtherBssAmt06802504
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06352573
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/NetAssetsOrFundBalancesBOYAmt017023289
IRS990/NetAssetsOrFundBalancesEOYAmt018305952
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-56927
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-56927
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0465126
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt017023289
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt018305952
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt024965
IRS990/OccupancyGrp/ProgramServicesAmt094896
IRS990/OccupancyGrp/TotalAmt0119861
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt045927
IRS990/OfficeExpensesGrp/ProgramServicesAmt0411583
IRS990/OfficeExpensesGrp/TotalAmt0457510
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0443768
IRS990/OtherAssetsTotalGrp/EOYAmt0538143
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt035535
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0395371
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0430906
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc3VOLUNTEER RECOGNITION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt044794
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110488
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt212147
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3617
IRS990/OtherExpensesGrp/ProgramServicesAmt0168509
IRS990/OtherExpensesGrp/ProgramServicesAmt149447
IRS990/OtherExpensesGrp/ProgramServicesAmt247055
IRS990/OtherExpensesGrp/ProgramServicesAmt330323
IRS990/OtherExpensesGrp/TotalAmt0213303
IRS990/OtherExpensesGrp/TotalAmt159935
IRS990/OtherExpensesGrp/TotalAmt259202
IRS990/OtherExpensesGrp/TotalAmt330940
IRS990/OtherLiabilitiesGrp/BOYAmt01296668
IRS990/OtherLiabilitiesGrp/EOYAmt0538143
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt016
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016
IRS990/OtherRevenueTotalAmt016
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt074046
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03413653
IRS990/OtherSalariesAndWagesGrp/TotalAmt03487699
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0246466
IRS990/PayrollTaxesGrp/ProgramServicesAmt075267
IRS990/PayrollTaxesGrp/TotalAmt0321733
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012540
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0235500
IRS990/PensionPlanContributionsGrp/TotalAmt0248040
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01129382
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01851131
IRS990/PrincipalOfficerNm0MICHAEL MILLIGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0ACCREDITATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROFESSIONAL OFFERINGS
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012075599
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11124077
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21117760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012075599
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11124077
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21117760
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/ExpenseAmt01792990
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01117760
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/ExpenseAmt02399091
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01124077
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0417779
IRS990/PYOtherExpensesAmt05988588
IRS990/PYOtherRevenueAmt0839
IRS990/PYProgramServiceRevenueAmt013779358
IRS990/PYRevenuesLessExpensesAmt02364872
IRS990/PYSalariesCompEmpBnftPaidAmt05844516
IRS990/PYTotalExpensesAmt011833104
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014197976
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0817537
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012075599
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01117760
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01579630
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02196345
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01738851
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01786332

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,155,499
Liabilities
$7,849,547
Net assets
$18,305,952
Revenue
$14,613,853
Expenses
$13,796,316
Net income
$817,537
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
2023Detailed filing. Detailed filing data is available for this year.$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