International Council on Systems Engineering FY2020 filing

Not tax-deductible

W Lafayette, IN501(c)(6)Since 1991Mutual / membership EIN 77-0294074Revenue $3.5M in FY2020

On file with the IRSincose.org1281 Win Hentschel Blvd Ste 1300, 47906-4360 · W Lafayette, INTax-exempt since Apr 1992

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To address complex societal and technical challenges by enabling, promoting, and advancing Systems Engineering and systems approaches.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $260K a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
18 mo
of spending, in cash
Looks good: 18.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$878K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.5M
Spent
$2.8M
To programs
0%
Net assets
$5.0M
By yearFY2020–FY2024
Revenue
$3.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.5M
FY2021$3.1M
FY2022$4.3M
FY2023$4.8M
FY2024$6.3M
Expenses
$2.8M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.8M
FY2021$2.5M
FY2022$4.2M
FY2023$5.2M
FY2024$6.2M
Net assets
$5.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$5.0M
FY2021$5.6M
FY2022$5.8M
FY2023$5.4M
FY2024$5.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1992.

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

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Dir Strat Integ
$0Pt VII · Sec A
Dir Academic
$0Pt VII · Sec A
Tech Director
$0Pt VII · Sec A
Cab Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023
Stephen Records$273,813$209,250
Erika Palmer$176,000—
Jay McGraw$140,000—
Courtney Wright$133,984—
Honor Lind$128,992$132,774
Naina Vasudeva$121,660—

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

Advance systems engineering to solve complex societal and technical problems.

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Provided by the organization

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3 programs · in their own filed words · FY2020
01

Academic Events and Outreach

INCOSE's International Workshop is the event of the year for systems engineers to contribute to the state of the art. Unlike INCOSE's annual International Symposium and other conferences, there are no paper, panel or tutorial presentations.

Pt IX · col B
02

Membership

New skills are attained and skills can be honed though several of INCOSE's venues. The annual international symposia features papers, panel presentations, and tutorials. It is also one of the two times each year when our technical committees and working groups meet in person. The annual international workshop is the other event.

Pt IX · col B
03

Certification

Certification is a formal process whereby a community of knowledgeable, experienced, and skilled representatives of an organization, such as INCOSE, provides confirmation of an individual's competency (demonstrated knowledge, education, and experience) in a specified profession.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 1 funder$22K
Grants paid · 7 grants · $107K · 2020–2024
Incose FoundationCA · FY2024$20,291
Incose FoundationCA · FY2023$24,568
The People's FundHI · FY2023$10,000
NativeFY2023$5,070
Incose FoundationCA · FY2022$12,000
Incose FoundationCA · FY2021$12,000
Incose FoundationCA · FY2020$23,523

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.5M
Ln 12
Gifts and grantsLn 1h$1.9M
Fees for servicesLn 2g$1.5M
Other incomeLn 4–11$79K
Money outPt IX
$2.8M
Ln 25
Owns and owesPt X
$5.0M
net assets · Ln 32
Cash and savingsLn 1–2$4.3M
Total assetsLn 16$5.8M
LiabilitiesLn 26$878K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$34K
Other incomeLn 4–11$79K
Gains on assetsLn 7$0
Total revenueLn 12$3.5M
Assets in detailPt X, end of year
CashLn 1$2.3M
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$4.3M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$1.0M
Total assetsLn 16$5.8M
LiabilitiesLn 26$878K
Net assetsLn 32$5.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 61,000
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$4.0M$4.3M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$5.4M$5.8M
LiabilitiesLn 26$1.2M$878K
Net assetsLn 32$4.2M$5.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$24K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$35K
Advertising and promotionLn 12$40K
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$31K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$75K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$30K
Other expenses (24a–d)Ln 24$2.2M
All other expensesLn 24e$369K
Total functional expensesLn 25$2.8M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6.3M$6.2M$179K$5.6M 990 PDF
FY2023 $4.8M$5.2M−$331K$5.4M 990 PDF
FY2022 $4.3M$4.2M$137K$5.8M 990 PDF
FY2021 $3.1M$2.5M$609K$5.6M 990 PDF
FY2020 Viewing $3.5M$2.8M$704K$5.0M 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 $3,513,113 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,899,459$1,910,953
I-9 Program service revenuePrior year $2,561,953$1,489,212
I-10 Investment incomePrior year $35,336$33,966
I-11 Other revenuePrior year $51,052$78,982
I-12 Total revenuePrior year $4,547,800$3,513,113
I-13 Grants and similar amounts paidPrior year $23,000$23,523
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,916,520$2,786,084
I-18 Total expensesPrior year $3,939,520$2,809,607
I-19 Revenue less expensesPrior year $608,280$703,506
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,513,113 across 10 lines filed
VIII-1b Membership dues$1,910,953
VIII-1h Total contributions, gifts and grants$1,910,953
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,489,212$1,489,212
VIII-3 Investment incomeExcluded from tax $33,966$33,966
VIII-5 RoyaltiesExcluded from tax $73,652$73,652
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $5,330$5,330
VIII-12 Total revenueRelated to mission $1,489,212 · Unrelated business $5,330 · Excluded from tax $107,618$3,513,113
Part IX · Statement of functional expenses $2,809,607 across 31 lines filed
IX-1 Grants to domestic organizations$23,523
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$34,551
IX-12 Advertising and promotion$40,118
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$31,364
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$75,093
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$30,113
IX-24 Other expenses (24a–d)$2,206,038
IX-24e All other expenses$368,807
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$2,809,607
Part X · Balance sheet $5,829,354 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $1,477,788$2,344,635
X-2 Savings and temporary cash investmentsStart of year $2,505,721$1,951,162
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $452,367$495,585
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $7,598$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $955,118$1,037,972
X-16 Total assetsStart of year $5,398,592$5,829,354
X-17 Accounts payable and accrued expensesStart of year $183,311$140,555
X-19 Deferred revenueStart of year $929,181$694,512
X-25 Other liabilitiesStart of year $38,115$42,796
X-26 Total liabilitiesStart of year $1,150,607$877,863
X-27 Net assets without donor restrictionsStart of year $4,247,985$4,951,491
X-32 Total net assets or fund balancesStart of year $4,247,985$4,951,491
X-33 Total liabilities and net assetsStart of year $5,398,592$5,829,354
Part XI · Reconciliation of net assets $4,951,491 net assets at year end
XI-1 Total revenue$3,513,113
XI-2 Total expenses$2,809,607
XI-3 Revenue less expenses$703,506
XI-4 Net assets at start of year$4,247,985
XI-10 Net assets at end of year$4,951,491

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

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