SOCIETY OF WOMEN ENGINEERS

EIN: 131947735 501(c)(3) Community Improvement

CHICAGO, IL

Total Revenue
$19,652,127
Total Expenses
$21,186,578
Total Assets
$18,844,859
Net Assets
$9,716,808
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
DC
Principal Officer
KAREN HORTING
Phone
3125965230
Tax Period
2023-07-01 to 2024-06-30

SOCIETY OF WOMEN ENGINEERS, founded in 1950, is a mid-sized nonprofit in the Community Improvement sector that reported $19.7M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

THE SOCIETY'S MISSION IS TO EMPOWER WOMEN TO ACHIEVE THEIR FULL POTENTIAL IN CAREERS AS ENGINEERS AND LEADERS; EXPAND THE IMAGE OF THE ENGINEERING AND TECHNOLOGY PROFESSIONS AS A POSITIVE FORCE IN IMPROVING THE QUALITY OF LIFE, AND DEMONSTRATE THE VALUE OF DIVERSITY AND INCLUSION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,877,339
Program Service Revenue $14,606,177
Investment Income $145,788
Other Revenue $22,823
TOTAL REVENUE $19,652,127

Expense Breakdown

Grants Paid $62,565
Salaries & Benefits $6,966,871
Fundraising Expenses $731,938
Program Expenses $16,764,659
Other Expenses $14,157,142
TOTAL EXPENSES $21,186,578

Year-over-Year Comparison

2023 2022 Change
Revenue $19,652,127 $17,638,809 +0.1%
Expenses $21,186,578 $17,576,889 +0.2%
Net Income $-1,534,451 $61,920 -25.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
56
Volunteers
1500

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$806,078
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
7
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXIS MCKITTRICK PRESIDENT 5.00
Officer Director
$0 $0 $0
SILVIA KARLSSON DIRECTOR 5.00
Director
$0 $0 $0
KAITLYN BUNKER SECRETARY 5.00
Officer Director
$0 $0 $0
DIANNE BEEVER TREASURER 5.00
Officer Director
$0 $0 $0
KAREN ROTH PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
INAAS DURAT DIRECTOR 1.00
Director
$0 $0 $0
BIANCA MCCARRT DIRECTOR 1.00
Director
$0 $0 $0
KAREN IDEM DIRECTOR 1.00
Director
$0 $0 $0
VIDHYA THIYAGARAJAN DIRECTOR 1.00
Director
$0 $0 $0
KRISTINE BARNES DIRECTOR 1.00
Director
$0 $0 $0
KAREN HORTING EXECUTIVE DIRECTOR & CEO 40.00
Officer
$401,172 $43,331 $444,503
PHILIP THAKADIYIL CFO 40.00
Officer
$323,356 $38,219 $361,575
PATRICIA KOLAR DIRECTOR 40.00
Highest
$150,157 $30,475 $180,632
JENNIFER SCOTT VICE PRESIDENT 40.00
Highest
$216,670 $34,331 $251,001
HONNA GEORGE DIRECTOR OF DEVELOPMENT 40.00
Highest
$209,627 $11,602 $221,229
ROBERTA RINCON DIRECTOR 40.00
Highest
$141,509 $18,605 $160,114
LARRY GUTHRIE DIRECTOR 40.00
Highest
$102,754 $18,359 $121,113
EMILY BURNETT DIRECTOR 40.00
Highest
$117,003 $29,158 $146,161
ANNE M PERUSEK DIRECTOR 40.00
Highest
$112,037 $34,616 $146,653
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $19,652,127 $21,186,578 $18,844,859 $-1,534,451
2023 $17,638,809 $17,576,889 $18,055,499 $61,920
2022 $13,468,546 $11,942,201 $14,023,444 $1,526,345
2021 $13,563,128 $11,051,226 $12,828,747 $2,511,902
2020 $14,805,429 $14,100,136 $11,455,924 $705,293
2019 $13,698,925 $13,992,812 $12,245,256 $-293,887
2018 $12,072,813 $12,899,296 $12,226,193 $-826,483
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