SOCIETY OF BROADCAST ENGINEERS INC

EIN: 237117479

INDIANAPOLIS, IN

Total Revenue
$1,309,418
Total Expenses
$1,332,181
Total Assets
$1,548,870
Net Assets
$1,530,511
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
DC
Principal Officer
JAMES W RAGSDALE
Phone
3178469000
Tax Period
2023-01-01 to 2023-12-31

SOCIETY OF BROADCAST ENGINEERS INC, founded in 1967, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE THE FIELD OF BROADCAST ENGINEERING AND ADVANCE THE PROFESSIONAL CAREERS OF ITS MEMBERS THROUGH EDUCATIONAL PROGRAMS, CERTIFICATION OF QUALIFICATIONS AND EXPERIENCE, FREQUENCY COORDINATION AND RECOGNITION OF ACHIEVEMENT. THE SOCIETY SEEKS TO FOSTER INTERACTION AMONG MEMBERS AND WITH OTHERS IN THE FIELD OF BROADCAST ENGINEERING AND SUPPORT OUR MEMBERS BY PROTECTING BROADCASTERS' LICENSED USE OF BROADCAST SPECTRUM. FURTHER, THE SOCIETY WORKS TO IMPROVE THE IMAGE AND STANDING OF BROADCAST ENGINEERS BY WORKING WITH OTHER INDUSTRY GROUPS AND REPRESENTING MEMBERS' INTEREST WITH APPROPRIATE STATE AND FEDERAL AGENCIES, DEPARTMENTS AND LEGISLATIVE BODIES.

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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 $0
Program Service Revenue $1,255,573
Investment Income $51,254
Other Revenue $2,591
TOTAL REVENUE $1,309,418

Expense Breakdown

Grants Paid $0
Salaries & Benefits $526,871
Fundraising Expenses $0
Other Expenses $805,310
TOTAL EXPENSES $1,332,181

Year-over-Year Comparison

2023 2022 Change
Revenue $1,309,418 $1,040,461 +0.3%
Expenses $1,332,181 $1,051,762 +0.3%
Net Income $-22,763 $-11,301 +1.0%
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
17
Independent Members
17
Employees
6
Volunteers
21

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
$157,186
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TED HAND PRESIDENT 1.00
Officer Director
$0 $0 $0
KEVIN TRUEBLOOD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JASON ORNELLAS TREASURER 1.00
Officer Director
$0 $0 $0
GEARY MORRILL SECRETARY 1.00
Officer Director
$0 $0 $0
ANDREA CUMMIS IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID ANTOINE DIRECTOR 1.00
Director
$0 $0 $0
GREG DAHL DIRECTOR 1.00
Director
$0 $0 $0
ZHULIETA IBISHEVA DIRECTOR 1.00
Director
$0 $0 $0
MARK HELLER DIRECTOR 1.00
Director
$0 $0 $0
CHARLES KEILER DIRECTOR 1.00
Director
$0 $0 $0
FRED WILLARD DIRECTOR 1.00
Director
$0 $0 $0
THOMAS MCGINLEY DIRECTOR 1.00
Director
$0 $0 $0
DAVE RATENER DIRECTOR 1.00
Director
$0 $0 $0
SHANE TOVEN DIRECTOR 1.00
Director
$0 $0 $0
TERRY DOUDS DIRECTOR 1.00
Director
$0 $0 $0
BRAD HUMPHRIES DIRECTOR 1.00
Director
$0 $0 $0
JEFF WELTON DIRECTOR 1.00
Director
$0 $0 $0
JAMES RAGSDALE EXECUTIVE DIRECTOR 40.00
Officer
$127,750 $29,436 $157,186
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 No data No data No data No data
2023 $1,309,418 $1,332,181 $1,548,870 $-22,763
2022 $1,040,461 $1,051,762 $1,501,035 $-11,301
2021 $1,301,351 $1,030,886 $1,729,949 $270,465
2020 $1,105,478 $1,019,738 $1,415,123 $85,740
2019 $1,098,752 $961,869 $1,210,959 $136,883
2018 $734,684 $800,143 $990,851 $-65,459
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