Society Of Explosives Engineers Inc
- Assets
- $3.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Warrensville Heights, OH
- Founding
- 03/1977
- Data as of
- 09/2023
- EIN
- 55-0566167
Organization Overview
Society Of Explosives Engineers Inc, operating under the name International Society Of Explosive Engineers, is located in Warrensville Heights, OH. The organization was established in 1977. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. As of 09/2023, International Society Of Explosive Engineers employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Society Of Explosive Engineers is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, International Society Of Explosive Engineers generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.4m during the year ending 09/2023. While expenses have increased by 4.8% 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
ISEE'S MISSION IS TO ENHANCE THE SAFETY, SCIENCE, SKILL, AND BENEFITS OF EXPLOSIVES ENGINEERING, WORLDWIDE. WE'VE HELPED LAUNCH 45 LOCAL ISEE CHAPTERS AND STARTED EDUCATION INITIATIVES. MOST IMPORTANTLY, WE'VE BECOME A VOICE FOR THE ENTIRE INDUSTRY, BRIDGING THE GAP BETWEEN BLASTERS AND HOMEOWNERS AND LOBBYING GOVERNMENTS FOR CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISEE MEMBERSHIP: - PROVIDE ACCESS TO INFORMATION AND RESOURCES USED BY INDIVIDUALS TO PERFORM THEIR JOBS BETTER. RESOURCES INCLUDE ACCESS TO A DATABASE HOLDING OVER 150,000 PAPERS AND PRESENTATIONS.
ISEE CONFERENCES:- PROVIDE ATTENDEES ACCESS TO OVER 50 TECHNICAL PAPERS AND UP TO 16 HOURS OF EDUCATIONAL TRAINING THAT CAN BE USED BY INDIVIDUALS TO GET OR RENEW THEIR STATE CERTIFICATION.- VISIT WITH EXHIBITORS TO SEE THE LATEST PRODUCTS AND SERVICES USED IN THE INDUSTRY.- INTERACT WITH UP TO 1,500 ATTENDEES FROM ACROSS THE WORLD TO EXPAND THEIR NETWORK.
ISEE PUBLICATIONS:- THE ISEE JOURNAL IS THE MEMBERSHIP PUBLICATION THAT PROVIDES INFORMATION AND INSITE INTO THE EXPLOSIVES INDUSTRY. ARTICLES, FEATURES, AND COLUMNS PROVIDE TECHNICAL CONTENT, HISTORICAL ARTICLES, UPDATES ON INDUSTRY TECHNOLOGY, INDUSTRY CASE STUDIES, AND ADVERTISING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Braden T Lusk Jr President | OfficerTrustee | 1 | $0 |
Janeen T Smith Vice President | OfficerTrustee | 1 | $0 |
Kristen N Kolden Vice President | OfficerTrustee | 1 | $0 |
John T Watson Treasurer | OfficerTrustee | 1 | $0 |
Travis A Davidsavor Secretary | OfficerTrustee | 1 | $0 |
Alastair C Torrance Immediate Past President | OfficerTrustee | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,884,031 |
| Investment income | $44,548 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,297 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $54,955 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,062,953 |
| 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. | $206,765 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $436,402 |
| Pension plan accruals and contributions | $15,347 |
| Other employee benefits | $35,063 |
| Payroll taxes | $48,800 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,033 |
| Fees for services: Accounting | $136,343 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $119,458 |
| Advertising and promotion | $29,075 |
| Office expenses | $77,405 |
| Information technology | $313,466 |
| Royalties | $0 |
| Occupancy | $36,904 |
| Travel | $62,408 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,619 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,133 |
| Insurance | $57,663 |
| All other expenses | $45,937 |
| Total functional expenses | $2,366,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $366,637 |
| Savings and temporary cash investments | $2,514 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,329 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $63,250 |
| Inventories for sale or use | $40,358 |
| Prepaid expenses and deferred charges | $232,379 |
| Net Land, buildings, and equipment | $954,541 |
| Investments—publicly traded securities | $1,722,656 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $3,387,665 |
| Accounts payable and accrued expenses | $73,962 |
| Grants payable | $0 |
| Deferred revenue | $518,903 |
| 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 | $4,551 |
| Total liabilities | $597,416 |
| Net assets without donor restrictions | $2,790,249 |
| 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 | $3,387,665 |