NATIONAL ENGINEERS WEEK FOUNDATION

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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

2002

Legal Domicile

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 $3.3M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $3.0M left a modest 10% surplus.

Mission

DISCOVERE IS A COALITION PROVIDING EVERY STUDENT WITH A SHARED STEM EXPERIENCE AND THE RESOURCES, PROGRAMS, AND CONNECTIONS TO IMPROVE THE UNDERSTANDING OF ENGINEERING THROUGH A UNITED VOICE AND A GLOBAL DISTRIBUTION NETWORK. DISCOVERE HELPS STAKEHOLDERS EXPAND COMMUNITY AND EDUCATIONAL OUTREACH BY: PROVIDING RESOURCES AND TURNKEY PROGRAMS FOR EMPLOYEES AND VOLUNTEERS; SUPPORTING STRONG CAREER CONNECTED LEARNING INITIATIVES; PROMOTING POSITIVE VISIBILITY WITHIN THE ENGINEERING AND TECHNOLOGY COMMUNITIES, INCLUDING COLLEGE STUDENTS AND THE PUBLIC-AT-LARGE. DISCOVERE, WITH ITS WORKING COALITION OF 100+ ORGANIZATIONS, IS KNOWN AS ONE OF THE MOST EFFECTIVE COLLABORATIONS TODAY, RECOGNIZED BY CORPORATIONS AND ENGINEERING SOCIETIES AND MENTIONED IN TWO REPORTS BY THE NATIONAL ACADEMY OF ENGINEERING.

Program Service Accomplishments

Program 1

Expenses: $1,620,147 Revenue: $55,852

FUTURE CITY PROGRAM: THE DISCOVERE FUTURE CITY COMPETITION IS A PROJECT-BASED LEARNING PROGRAM FOR MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS. STUDENTS IMAGINE, RESEARCH, DESIGN, AND BUILD CITIES OF THE FUTURE. MORE THAN 80,000 MIDDLE AND HIGH SCHOOL STUDENTS IN MORE THAN 2,000 SCHOOLS FROM 40 REGIONS ACROSS THE U.S. JOIN IN ONE OF THE NATION'S LARGEST ENGINEERING EDUCATION PROGRAMS AND ONE OF THE MOST SUCCESSFUL EDUCATIONAL OUTREACH PROGRAMS OF ANY KIND. NOTABLY, APPROX. 7,500 ENGINEERS VOLUNTEER FOR THE COMPETITION AND ABOUT 225,000 SERVICE HOURS ARE GIVEN ANNUALLY TO DISCOVERE PROGRAMS. FUTURE CITY INVITES STUDENTS WORKING UNDER THE GUIDANCE OF TEACHERS AND VOLUNTEER ENGINEERS TO BUILD COMPUTER AND THREE-DIMENSIONAL SCALE MODELS OF CITIES OF TOMORROW. STUDENTS DEFEND THEIR DESIGNS BEFORE A PANEL OF ENGINEER JUDGES AND WRITE AN ESSAY ON A PREDETERMINED TOPIC. STUDENTS BEGIN THEIR WORK IN THE FALL AND PARTICIPATE IN REGIONAL COMPETITIONS IN JANUARY. FIRST PLACE MIDDLE SCHOOL REGIONAL TEAMS WIN A TRIP TO WASHINGTON, D.C. FOR NATIONAL FINALS DURING NATIONAL ENGINEERS WEEK. TESTESTEST

Program 2

Expenses: $654,668 Revenue: $0

EDUCATION OUTREACH: ENGINEERS WEEK - THIS IS DISCOVERE'S SIGNATURE PROGRAM AND CATALYST FOR VOLUNTEERISM AND PUBLIC DISCUSSION ABOUT THE FUTURE OF ENGINEERING AS WELL AS FOR PUBLIC DISCUSSION AND...

EDUCATION OUTREACH: ENGINEERS WEEK - THIS IS DISCOVERE'S SIGNATURE PROGRAM AND CATALYST FOR VOLUNTEERISM AND PUBLIC DISCUSSION ABOUT THE FUTURE OF ENGINEERING AS WELL AS FOR PUBLIC DISCUSSION AND RECOGNITION OF ENGINEER'S CONTRIBUTIONS. ALL COLLEGES OF ENGINEERING IN THE U.S. CELEBRATE ENGINEERS WEEK AND IT IS PART OF A MULTITUDE OF WORKPLACE CULTURES. A NEW ENGINEERS WEEK THEME EACH YEAR HELPS DRIVE THE LOOK AND CONTENT FOR VOLUNTEER RESOURCES, MEDIA MESSAGES AND SPECIAL EVENTS. IN REALITY, ENGINEERS WEEK OUTREACH OCCURS OVER SEVERAL MONTHS. CHATS WITH CHANGE MAKERS - OUR SERIES "CHATS WITH CHANGE MAKERS" HOSTED BY A HIGH SCHOOL STUDENT, INTRODUCES STUDENTS TO STEM PROFESSIONALS WHO ARE WORKING HARD TO CHANGE THE WORLD. TEACHERS AND PARENTS INVITED TO TUNE-IN ALONG WITH THEIR STUDENTS TO MET AN ENGINEER AND ASK QUESTIONS.

Program 3

Expenses: $234,260 Revenue: $0

INTRODUCE A GIRL TO ENGINEERING: INTRODUCE A GIRL TO ENGINEERING IS A TIME WHEN VOLUNTEERS, EDUCATORS, AND OTHERS ACT AS ROLE MODELS, FACILITATE ENGINEERING ACTIVITIES, AND SHOW GIRLS AND BOYS HOW...

INTRODUCE A GIRL TO ENGINEERING: INTRODUCE A GIRL TO ENGINEERING IS A TIME WHEN VOLUNTEERS, EDUCATORS, AND OTHERS ACT AS ROLE MODELS, FACILITATE ENGINEERING ACTIVITIES, AND SHOW GIRLS AND BOYS HOW ENGINEERS CHANGE OUR WORLD. DISCOVERE'S DESPITE THE ODDS RESEARCH FOUND THAT THIS SIMPLE FORMULA HELPS STUDENTS DEVELOP AN INTEREST IN ENGINEERING, BUILDS THEIR CONFIDENCE IN THEIR PROBLEM-SOLVING SKILLS, AND CREATES A STEM IDENTITY.

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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%)

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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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

Governance

Voting Members

Independent Members

Employees

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

$221,763

Total Directors

Key Employees

Highest Compensated

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