Promotion of professional development/education-engineering

100¢ of each $1 spent went to programs.
$22K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $640 a year · 2% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$22K
to officers and key staff · 69% of spending
Concern: pay to officers and key staff is 69% of spending; over 30%.
Pt VII · Sec A
15 mo
of spending, in cash
Plus $348K in investments, Pt X · Ln 11–13
Looks good: 14.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$31K
Spent
$31K
To programs
100%
Net assets
$386K
By yearFY2020–FY2025
Revenue
$31K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$31K
FY2021$46K
FY2022$31K
FY2023$32K
FY2024$77K
FY2025$37K
Expenses
$31K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$31K
FY2021$38K
FY2022$46K
FY2023$39K
FY2024$55K
FY2025$48K
Net assets
$386K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$386K
FY2021$450K
FY2022$385K
FY2023$419K
FY2024$455K
FY2025$481K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $31K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $22K paid to officers and key staff.

Part VII, Section A · reportable compensation
$15,000Pt VII · Sec A
Executive Director
$4,200Pt VII · Sec A
Treasurer / Past President
$2,400Pt VII · Sec A
$0Pt VII · Sec A
Region VP
$0Pt VII · Sec A
Region VP & Executive VP
$0Pt VII · Sec A
Region VP & Past President
$0Pt VII · Sec A
Region VP & President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Priscilla Koeling$15,000$15,000$15,000$15,000$15,000$15,000
C Patric Koelling$4,200$4,200$4,200$4,200$4,200$4,200
S Balachandran$2,400$2,400$2,400$2,400$2,400$2,400

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes professional development and education in engineering fields.

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Provided by the organization

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1 program · $31K · in their own filed words · FY2020
01

To promote professional development and provide a forum for the exchange of professional ideas and experiences and developments in the field of idustrial engineering and education and to recognize and welcome graduating students into the profession

$31Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$31K
Ln 12
Fees for servicesLn 2g$24K
Investment incomeLn 3$7K
Money outPt IX
$31K
Ln 25
Programscol B$31K
Owns and owesPt X
$386K
net assets · Ln 32
Cash and savingsLn 1–2$39K
Total assetsLn 16$386K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A3
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$24K
Investment incomeLn 3$7K
Total revenueLn 12$31K
Assets in detailPt X, end of year
CashLn 1$39K
Cash and savings togetherLn 1–2$39K
InvestmentsLn 11–13$348K
Total assetsLn 16$386K
LiabilitiesLn 26$0
Net assetsLn 32$386K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$42K$39K
InvestmentsLn 11–13$323K$348K
Total assetsLn 16$365K$386K
LiabilitiesLn 26$0$0
Net assetsLn 32$365K$386K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Management feesLn 11a$22K$22K$0$0
Legal feesLn 11b$175$175$0$0
Accounting feesLn 11c$220$220$0$0
Investment management feesLn 11f$912$912$0$0
Office expensesLn 13$1K$1K$0$0
Information technologyLn 14$135$135$0$0
TravelLn 17$415$415$0$0
Other expenses (24a–d)Ln 24$2K$2K$0$0
All other expensesLn 24e$12$12$0$0
Total functional expensesLn 25$31K$31K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $37K$48K−$12K$481K 990 PDF
FY2024 $77K$55K$22K$455K 990 PDF
FY2023 $32K$39K−$7K$419K 990 PDF
FY2022 $31K$46K−$15K$385K 990 PDF
FY2021 $46K$38K$8K$450K 990 PDF
FY2020 Viewing $31K$31K−$653$386K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $30,832 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $35,895$23,556
I-10 Investment incomePrior year $8,387$7,276
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $44,282$30,832
I-13 Grants and similar amounts paidPrior year $5,000$5,000
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $25,577$26,485
I-18 Total expensesPrior year $30,577$31,485
I-19 Revenue less expensesPrior year $13,705−$653
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $30,832 across 4 lines filed
Lines not itemized here account for $235 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $23,556$23,556
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$7,041
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $7,276 · Unrelated business $0 · Excluded from tax $23,556$30,832
Part IX · Statement of functional expenses $31,485 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $5,000$5,000
IX-11a Management feesPrograms $21,600 · Management $0 · Fundraising $0$21,600
IX-11b Legal feesPrograms $175 · Management $0 · Fundraising $0$175
IX-11c Accounting feesPrograms $220 · Management $0 · Fundraising $0$220
IX-11f Investment management feesPrograms $912 · Management $0 · Fundraising $0$912
IX-13 Office expensesPrograms $1,459 · Management $0 · Fundraising $0$1,459
IX-14 Information technologyPrograms $135 · Management $0 · Fundraising $0$135
IX-17 TravelPrograms $415 · Management $0 · Fundraising $0$415
IX-24 Other expenses (24a–d)Programs $1,557 · Management $0 · Fundraising $0$1,557
IX-24e All other expensesPrograms $12 · Management $0 · Fundraising $0$12
IX-25 Total functional expensesPrograms $31,485 · Management $0 · Fundraising $0$31,485
Part X · Balance sheet $386,275 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $41,979$38,740
X-11 Publicly traded securitiesStart of year $322,952$347,535
X-16 Total assetsStart of year $364,931$386,275
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $364,931$386,275
X-33 Total liabilities and net assetsStart of year $364,931$386,275
Part XI · Reconciliation of net assets $386,275 net assets at year end
XI-1 Total revenue$30,832
XI-2 Total expenses$31,485
XI-3 Revenue less expenses−$653
XI-4 Net assets at start of year$364,931
XI-5 Net unrealized gains (losses) on investments$21,997
XI-10 Net assets at end of year$386,275

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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