Engineering Education Foundation of America

Nonprofit profile at a glance

EIN
921688952
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
St Paul, MN, USA
Phone
7088056329
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public, Societal Benefit

Official website

Reported finances

Revenue
$113,335
Expenses
$126,691
Assets
$102,464
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • SIRISH SAMBA (CHAIR AND PRESIDENT)

People named in this filing

  • SIRISH SAMBA (CHAIR AND PRESIDENT)
  • JON CARLSON (VICE CHAIR)
  • JON HORN (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Advance the engineering profession through charitable investments in workforce development and education

What it reported doing in 2024

The engineering education foundation of america was established as a 501(c)(3) charitable organization of the american council of engineering companies of Minnesota. The foundation makes charitable investments in education to promote careers in the engineering profession. The foundation supports stem education starting in kindergarten and extends through high school to inspire future generations of engineers. Additionally, the foundation supports partnerships with engineering schools at colleges and universities to promote careers in the consulting engineering profession. Furthermore, the foundation supports early career engineering professionals to promote workforce retention in the engineering industry. Finally, the foundation provides continuing professional education for practicing engineers.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 100
  • Sustainability: 38
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.5%; rating input score 62
  • Program expense ratio: 55.9%; rating input score 56

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -11.8%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 42.6% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: -25.8% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -12.2% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 62.5% of revenue deployed · 55.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $71K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2023 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 — Financial Efficiency: Program expense ratio scored 56/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.