Science & Technology
(U11)
990 on File
ABET FOUNDATION INC
Financial strength (30%)
87/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$129K
Total Revenue
$117K
Total Expenses
$187K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
73.7%
Fundraising Efficiency
N/A
Operating Reserve
19.25x
Liability-to-Asset
50.5%
Revenue Diversification
100.0%
Compared with Peers
FY 2023
Compared with 730 similar organizations
(United States, Science & Technology, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
73.7% | 84.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.3 mo | 11.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
50.5% | 0.8% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 93.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
57.0% | 10.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
31.0% | 14.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
9.9% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $129K | $117K | $187K | 73.7% | — |
| 2022 | $82K | $89K | $174K | 61.8% | — |
| 2021 | $39K | $66K | N/A | — | 1 |
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