Western Society of Engineers
Nonprofit profile at a glance
- EIN
- 362338443
- IRS 990-EZ coverage
- 2015–2023
- Forms available
- Form 990-EZ 2023
- Location
- Rosemont, IL, USA
- Phone
- 8478230500
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $35,881
- Expenses
- $53,568
- Assets
- $165,036
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- PATRICK J HENNELLY (PRESIDENT)
- CHRISTOPHER B BURKE (IMMEDIATE PAST PRESIDENT)
- VIC SMITH (VICE-PRESIDENT)
People named in this filing
- PATRICK J HENNELLY (PRESIDENT)
- CHRISTOPHER B BURKE (IMMEDIATE PAST PRESIDENT)
- JOSEPH A DICOLA (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purposes of the western society of engineers ("society"), as stated in its statement of purpose, is to actively encourage the development of engineering leaders and (1) to promote engineering excellence and innovation; (2) to educate the general public about the practice of engineering; (3) to recognize the achievements of its member engineers; and (4) to promote high professional and ethical standards.
What it reported doing in 2023
The society serves its constituencies and accomplishes its mission and vision in several ways:1.providing a forum for exchange of ideas between individual and corporate members;2.influencing the practice of engineering within the chicago region to accommodate changes in society and technology;3.offering high-quality educational products and services for members pursuing leadership and management goals;4.enhancing the image of engineering professionals as leaders in business and society;5.recognizing the society as a preeminent engineering management organization within the chicago region
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 30
- Transparency & Controls: 100
- Sustainability: 43
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.4%; rating input score 34
- Program expense ratio: 23%; rating input score 23
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -49.3%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 3.08; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -29.9% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: -15.8% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 34.4% of revenue deployed · 23% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2015 to 2023
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
- High — Financial Efficiency: Program expense ratio scored 23/100.
- High — Sustainability: Operating margin scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.