American Society For Engineering Education
- Assets
- $9.1m
- Revenue
- $18.7m
- Investments
- $0.0
- Employees
- 70
- Location
- Washington, DC
- Founding
- 05/1950
- Data as of
- 09/2021
- EIN
- 37-0730118
Organization Overview
American Society For Engineering Education is located in Washington, DC. The organization was established in 1950. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 09/2021, American Society For Engineering Education employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Engineering Education 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 09/2021, American Society For Engineering Education generated $18.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $18.2m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (22.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ASEE ADVANCES INNOVATION, EXCELLENCE, AND ACCESS AT ALL LEVELS OF EDUCATION FOR THE ENGINEERING PROFESSION.
Describe the Organization's Program Activity:
FELLOWSHIPS - MANAGE DOD AND NSF FELLOWSHIP PROGRAM ACTIVTIES INCLUDING PROMOTIONS, PROCESSING APPLICATIONS, REVIEWING APPLICATIONS, MAKING AWARDS, AND PAYING STIPENDS AND TRAVEL AND TUITION COSTS DEPENDING ON THE PROGRAMS.
NON-GOVERNMENT PROGRAMS - ASEE MANAGES AND ADMINISTERS PROGRAMS FUNDED BY DIFFERENT ORGANIZATIONS AND INSTITUTIONS.
MEETINGS & CONFERENCES - THE ORGANIZATION PROVIDES ENGINEERING AND ENGINEERING TECHNOLOGY EDUCATORS THE ARENA TO EXCHANGE IDEAS, AFFECT CURRICULUM, ENHANCE TEACHING METHODS, AND NETWORK WITH PEERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman L Fortenberry Executive Director | Officer | 40 | $296,213 |
Joseph Dillon Chief Financial Officer | Officer | 40 | $182,037 |
Jacqueline El-Sayed Cheif Academic Officer | Officer | 40 | $158,158 |
Jasmin Rathod Chief Information Officer | Officer | 40 | $148,053 |
Troy Drew-Hargrove Program Director | 40 | $137,976 | |
Patricia Greenawalt Director Of Member Service | Officer | 40 | $132,131 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Intellect Business Solutions It Services | 9/29/21 | $312,982 |
Joy Riot Advertising Agency | 9/29/21 | $140,982 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,026,414 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,149,082 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,323,387 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,498,883 |
| Total Program Service Revenue | $2,596,957 |
| Investment income | $291,378 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $99,399 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,727,509 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,518,635 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,214,562 |
| Compensation of current officers, directors, key employees. | $1,214,562 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,148,707 |
| Pension plan accruals and contributions | $185,908 |
| Other employee benefits | $716,092 |
| Payroll taxes | $428,168 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,278 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,103,558 |
| Advertising and promotion | $20,461 |
| Office expenses | $1,099,904 |
| Information technology | $307,171 |
| Royalties | $0 |
| Occupancy | $780,094 |
| Travel | $1,807 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $36,934 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $185,820 |
| Insurance | $78,000 |
| All other expenses | $0 |
| Total functional expenses | $18,150,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,098,466 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $746,322 |
| 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 | $827,145 |
| Net Land, buildings, and equipment | $1,220,499 |
| Investments—publicly traded securities | $4,171,882 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,064,314 |
| Accounts payable and accrued expenses | $710,178 |
| Grants payable | $0 |
| Deferred revenue | $1,809,127 |
| 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 | $1,338,252 |
| Other liabilities | $654,880 |
| Total liabilities | $4,512,437 |
| Net assets without donor restrictions | $4,551,877 |
| Net assets with donor restrictions | $0 |
| 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 | $9,064,314 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that American Society For Engineering Education has recieved totaling $660,013.
| Awarding Organization | Amount |
|---|---|
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI PURPOSE: SUPPORT PROGRAM ACTIVITIES TO ADVANCE EM RESOURCES FOR ASEE MEMBERS | $400,000 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI PURPOSE: SUPPORT PROGRAM ACTIVITIES TO ADVANCE EM RESOURCES FOR ASEE MEMBERS | $250,000 |
Samueli Foundation Corona Del Mar, CA PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Endowment Analysis
| Beg. Balance | $3,573,974 |
| Earnings | $597,909 |
| Ending Balance | $4,171,883 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society Of Civil Engineers Reston, VA | $80,247,990 | $62,671,354 |
American Society For Microbiology Washington, DC | $150,116,878 | $47,169,263 |
Society For Science And The Public Washington, DC | $102,112,945 | $28,541,247 |
National Mining Association Washington, DC | $46,237,284 | $38,836,744 |
American Society For Engineering Education Washington, DC | $9,064,314 | $18,727,509 |
Information Technology Industry Council Ltd Washington, DC | $23,400,672 | $20,714,529 |
The Computing Research Association Inc Washington, DC | $7,343,840 | $10,008,552 |
American Society For Biochemistry And Molecular Biology Inc Rockville, MD | $126,574,647 | $17,687,280 |
American Association Of Physicists In Medicine Alexandria, VA | $31,609,322 | $9,947,196 |
The National Council Of Teachers Of Mathematics-Incorporated- Reston, VA | $18,084,320 | $8,296,750 |
American Statistical Association Alexandria, VA | $30,139,821 | $9,398,848 |
American Society Of Plant Biologists Rockville, MD | $19,649,712 | $10,404,371 |