Boston Society of Civil Engineers Section/asce
Nonprofit profile at a glance
- EIN
- 042103915
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Boston, MA, USA
- Phone
- 6172275551
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Engineering
Reported finances
- Revenue
- $715,976
- Expenses
- $703,528
- Assets
- $2,844,640
- Liabilities
- $196,072
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- CHRISTOPHER P HERSEY (PRESIDENT/DIRECTOR)
- KATHRYN SWANSON (PRESIDENT-ELECT/DIRECTOR)
- MICHAEL R CUNNINGHAM (PAST PRESIDENT/DIRECTOR)
- ANTONIOS VYTINIOTIS (SR. VICE PRESIDENT/DIRECTOR)
- RICHARD A MATSON (SR. VICE PRESIDENT/DIRECTOR)
- RISHABH V IYER (VICE PRESIDENT/DIRECTOR)
People named in this filing
- CHRISTOPHER P HERSEY (PRESIDENT/DIRECTOR)
- KATHRYN SWANSON (PRESIDENT-ELECT/DIRECTOR)
- MICHAEL R CUNNINGHAM (PAST PRESIDENT/DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The boston society of civil engineers section/asce (bsces) is the oldest engineering organization in the united states. Founded in 1848, bsces is a member-based professional organization focusing on technical programs, events and initiatives that support our members and benefit the civil engineering profession. Bsces enhances the professional growth of its members, nurtures future engineers, advances engineering knowledge, and serves as an advocate, trusted advisor, and steward for public safety in the built environment investment in sustainable infrastructure and protection of our natural resources.
What it reported doing in 2024
This past year bsces held 25 event webinars, technical presentations, social/networking activities, special fund events, student competition/major outreach events, multi day training courses, student chapter meetings, single day workshops, younger member group sponsored community service activities, awards dinners, student dinners, and a fall and spring professional engineer refresher course throughout the year.
Operating model
- Revenue model
- Earned-program. 73% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 90
- Accountability: 88
- Sustainability: 58
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.6%; rating input score 89
- Program expense ratio: 76.9%; rating input score 77
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.7%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 4.04; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -5% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 88.6% of revenue deployed · 76.9% of spending went to programs
- Governance: 18 of 18 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $541K in reported program spending
- Leadership: top reported pay $0 · 18 people listed
- Highest-paid contractors: 1 contractor listed · $308K reported
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.