THE PRACTICING INSTITUTE OF ENGINEERING INC

EIN: 222364349 501(c)(3)

ALBANY, NY

Total Revenue
$104,656
Total Expenses
$107,940
Total Assets
$254,540
Net Assets
$254,052
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
NY
Principal Officer
KATHRYN VIGGIANI
Phone
5182837493
Tax Period
2019-07-01 to 2020-06-30

THE PRACTICING INSTITUTE OF ENGINEERING INC, founded in 1980, is a small nonprofit that reported $105K in total revenue in fiscal year 2019. Net assets of $254K represent 29 months of operating reserves.

Mission

TO OFFER COURSES OR INSTRUCTION, LECTURES AND SEMINARS FOR MEMBERS OF THE ENGINEERING PROFESSION, ENGINEERING SCHOOL GRADUATES, ANCILIARY DESIGN PROFESSIONALS AND OTHER QUALIFIED PERSONS

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $100,201
Investment Income $4,455
Other Revenue $0
TOTAL REVENUE $104,656

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $107,940
Other Expenses $107,940
TOTAL EXPENSES $107,940

Year-over-Year Comparison

2019 2018 Change
Revenue $104,656 N/A N/A
Expenses $107,940 N/A N/A
Net Income $-3,284 $0 N/A
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN W SUCHARSKI III PRESIDENT 1.00
Officer Director
$0 $0 $0
NEAL J ILLENBERG VP - OPERATIONS 1.00
Officer Director
$0 $0 $0
JOSEPH ESPOSITO VP - QUALITY ASSURANCE 1.00
Officer Director
$0 $0 $0
HOLGER LUKAS VP - ACCREDITATION 1.00
Officer Director
$0 $0 $0
LAURA PELLIZZI TREASURER 1.00
Officer Director
$0 $0 $0
JOSEPH BURRUANO SECRETARY 1.00
Officer Director
$0 $0 $0
KATHRYN VIGGIANI EXECUTIVE DIRECTOR 2.00
Director
$0 $0 $0
JOHN R DERGOSITS TRUSTEE 0.50
Director
$0 $0 $0
LAWRENCE O'CONNOR TRUSTEE 0.50
Director
$0 $0 $0
ANDREW HAIMES TRUSTEE 0.50
Director
$0 $0 $0
THOMAS MCGRATH TRUSTEE 0.50
Director
$0 $0 $0
FRANK ROMA TRUSTEE 0.50
Director
$0 $0 $0
JAMES J KUHN TRUSTEE 0.50
Director
$0 $0 $0
PETER SUTHERLAND TRUSTEE 0.50
Director
$0 $0 $0
MARTIN GORDON TRUSTEE 0.50
Director
$0 $0 $0
KLAS HAGLID TRUSTEE 0.50
Director
$0 $0 $0
ALFRED BRAND TRUSTEE 0.50
Director
$0 $0 $0
ANDREW CIANCIA TRUSTEE 0.50
Director
$0 $0 $0
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
2020 $104,656 $107,940 $254,540 $-3,284
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