National Society Of Black Engineers
- Assets
- $28.8m
- Revenue
- $20.7m
- Investments
- $9.2m
- Employees
- 51
- Location
- Alexandria, VA
- Founding
- 01/1988
- Data as of
- 07/2023
- EIN
- 35-1410757
Organization Overview
National Society Of Black Engineers is located in Alexandria, VA. The organization was established in 1988. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 07/2023, National Society Of Black Engineers employed 51 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Society Of Black Engineers is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, National Society Of Black Engineers generated $20.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $18.9m during the year ending 07/2023. While expenses have increased by 5.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE PARTICIPATION OF MINORITIES AND ACCESS TO ENGINEERING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL CONFERENCE - HELD ANNUALLY IN THE SPRING TO ADDRESS ISSUES OF CONCERN TO BLACK ENGINEERING STUDENTS. THE FOCUS IS ON THE CULTURAL, TECHNICAL, ACADEMIC AND PROFESSIONAL CONCERNS OF THE MEMBERSHIP.
SUMMER ENGINEERING EXPERIENCE FOR KIDS-(SEEK): SEEK SERVES, IN PART, AS NSBES SOLUTION TOINCREASING THE NUMBER OF UNDERREPRESENTED CHILDREN PURSUING CAREERS IN THE STEM FIELDS. THUS,SEEK BEGINS EXPOSING THESE GROUPS TO ENGINEERING AS EARLY AS 3RD GRADE, AND CONTINUES THESTEM EXPOSURE THROUGH THE 12TH GRADE.IN ADDITION, THIS EXPOSURE WILL BE PROVIDED BY UTILIZINGNSBE MEMBERS, WHO ARE, COLLEGIATE STUDENTS, MAJORING IN STEM FIELDS. FROM ITS INCEPTION,NSBES SEEK PROGRAM QUICKLY ESTABLISHED ITSELF AS THE LARGEST STEM PROGRAM FORUNDERREPRESENTED CHILDREN AND MENTORS IN THE NATION!
NSBE GRANT FUNDED PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janeen Uzell CEO | Trustee | 40 | $406,971 |
Stanton Hill CFO | Trustee | 40 | $185,971 |
Dr Rochelle Williams Chief Programs Officer | Trustee | 40 | $163,449 |
Teanesha Washington Director Of Finance And Accou | 40 | $136,910 | |
Clifton Morgan Director Of 50k Coalition | 40 | $122,367 | |
Bridget Betts Director Of Marketing | 40 | $120,331 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pinnacle Talent Acquisition Fundraising | 7/30/23 | $112,710 |
Wyndham Jade Llc Dba Mci Usa It | 7/30/23 | $233,831 |
Smart City Networks Lp It | 7/30/23 | $130,112 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,252,702 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,252,702 |
| Total Program Service Revenue | $6,822,426 |
| Investment income | $302,219 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $265,890 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $142,973 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,728,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,164,875 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $799,639 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $827,216 |
| Travel | $3,136,362 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $84,919 |
| All other expenses | $9,450,643 |
| Total functional expenses | $18,866,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,035,787 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,138,967 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $485,233 |
| Net Land, buildings, and equipment | $2,988,052 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,170,420 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,818,459 |
| Accounts payable and accrued expenses | $1,999,502 |
| Grants payable | $0 |
| Deferred revenue | $7,610,980 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,450,323 |
| Total liabilities | $12,060,805 |
| Net assets without donor restrictions | $4,298,473 |
| Net assets with donor restrictions | $12,459,181 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $28,818,459 |