NATIONAL ENGINEERS WEEK FOUNDATION

EIN: 320039097 501(c)(3) Education

ALEXANDRIA, VA

Total Revenue
$3,303,356
Total Expenses
$2,979,219
Total Assets
$3,344,155
Net Assets
$3,089,968
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
DE
Principal Officer
KATHY RENZETTI
Phone
5714670354
Tax Period
2024-07-01 to 2025-06-30

NATIONAL ENGINEERS WEEK FOUNDATION, founded in 2002, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2017. Revenue decreased 11% compared to the prior year. Expenses of $2.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

DISCOVERE IS THE BACKBONE ORGANIZATION BEHIND NATIONAL ENGINEERS WEEK (ESTABLISHED 1951), INTRODUCE A GIRL TO ENGINEERING DAY (2001), WORLD ENGINEERING DAY (2016), CHATS WITH CHANGE MAKERS (2020), AND THE FUTURE CITY COMPETITION (1993). OUR PROGRAMS AND RESOURCES HAVE BEEN ADOPTED BY INDIVIDUALS AND ORGANIZATIONS AROUND THE GLOBE.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,151,567
Program Service Revenue $55,852
Investment Income $92,853
Other Revenue $3,084
TOTAL REVENUE $3,303,356

Expense Breakdown

Grants Paid $42,145
Salaries & Benefits $1,047,764
Fundraising Expenses $142,208
Program Expenses $2,551,841
Other Expenses $1,889,310
TOTAL EXPENSES $2,979,219

Year-over-Year Comparison

2024 2023 Change
Revenue $3,303,356 $2,972,558 +0.1%
Expenses $2,979,219 $2,751,589 +0.1%
Net Income $324,137 $220,969 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
8
Employees
8
Volunteers
150000

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
4
$221,763
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PADMANABHAN SESHAIYER PRESIDENT 1.00
Officer Director
$0 $0 $0
DR MALIKA GRAYSON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KARA FREEMAN SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
MIKE SMITH DIRECTOR 1.00
Director
$0 $0 $0
MARGARET DOMINQUEZ DIRECTOR 1.00
Director
$0 $0 $0
KODI JEAN VERHALEN DIRECTOR 1.00
Director
$0 $0 $0
RICK GUERRA DIRECTOR 1.00
Director
$0 $0 $0
DALE JANS DIRECTOR 1.00
Director
$0 $0 $0
KATHY RENZETTI EXECUTIVE DIRECTOR 40.00
Officer
$189,181 $32,582 $221,763
THEA SAHR DEPUTY EXECUTIVE DIRECTOR 40.00
Highest
$153,664 $27,357 $181,021
SUSAN HOOPES DIRECTOR OF PROGRAMS 40.00
Highest
$108,242 $11,654 $119,896
JESSLYN SAVAGE DIRECTOR OF CORPORATION & FOUNDATION GIVING 40.00
Highest
$110,336 $3,434 $113,770
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 $3,303,356 $2,979,219 $3,344,155 $324,137
2024 $2,972,558 $2,751,589 $2,990,841 $220,969
2023 $2,554,742 $2,284,436 $2,591,075 $270,306
2022 $2,317,905 $1,719,761 $2,137,763 $598,144
2021 $1,864,085 $1,555,109 $1,853,170 $308,976
2020 $1,957,554 $1,970,989 $1,254,758 $-13,435
2019 $1,876,234 $2,161,197 $1,206,439 $-284,963
2018 $2,059,877 $2,301,084 $1,492,674 $-241,207
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