Totals
- Total revenue
- $2,711,665
- Total expenses
- $7,977,995
- Contributions and grants received
- $1,423,958
- Grants paid
- $5,938,256
- Program service revenue
- $58,318
- Investment income
- $1,213,152
- Other revenue
- $16,237
- Total assets, end of year
- $24,135,298
- Total liabilities, end of year
- $1,227,803
- Net assets or fund balances, end of year
- $22,907,495
- Program services expenses (Part IX)
- $7,285,569
- Management and general expenses
- $579,830
- Fundraising expenses
- $112,596
- Program service expenses (Part III)
- $7,285,569
Program services were 91.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$1,154,814
-
1f · All other contributions, gifts and grants
$269,144
-
1g · Noncash contributions included above
$225,000
-
2a · Program service revenue: SCHOLARSHIP ADMINISTRATION REVENU
total $58,318 · related or exempt $58,318
-
3 · Investment income
total $383,602 · excluded $383,602
-
7a · Gross sales of assets other than inventory
securities $1,494,133
-
7b · Less cost or other basis and sales expenses
securities $664,583
-
7c · Gain or loss
securities $829,550
-
7d · Net gain or loss
total $829,550 · excluded $829,550
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $16,237 · related or exempt $16,237
-
11e · Other revenue, total
$16,237
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,084,680 · program services $5,084,680
-
2 · Grants to domestic individuals
total $853,576 · program services $853,576
-
5 · Compensation of officers, directors and key employees
total $255,192 · program services $152,520 · management and general $73,630 · fundraising $29,042
-
7 · Other salaries and wages
total $801,003 · program services $593,538 · management and general $207,465
-
9 · Other employee benefits
total $119,361 · program services $94,980 · management and general $21,760 · fundraising $2,621
-
10 · Payroll taxes
total $68,934 · program services $52,644 · management and general $14,868 · fundraising $1,422
-
11a · Fees: management
total $4,771 · management and general $4,771
-
11b · Fees: legal
total $11,445 · management and general $11,445
-
11c · Fees: accounting
total $34,217 · management and general $34,217
-
11e · Fees: professional fundraising services
total $57,136 · fundraising $57,136
-
11f · Fees: investment management
total $37,289 · management and general $37,289
-
11g · Fees: other
total $246,615 · program services $246,615
-
12 · Advertising and promotion
total $23,617 · program services $10,042 · management and general $13,575
-
13 · Office expenses
total $12,845 · program services $1,693 · management and general $11,152
-
14 · Information technology
total $77,880 · program services $77,880
-
17 · Travel
total $95,232 · program services $45,190 · management and general $47,667 · fundraising $2,375
-
19 · Conferences, conventions and meetings
total $35,276 · program services $73 · management and general $35,203
-
22 · Depreciation, depletion and amortization
total $1,563 · management and general $1,563
-
24a · Other expenses: MISCELLANEOUS
total $70,762 · program services $21,735 · management and general $29,027 · fundraising $20,000
-
24b · Other expenses: PRINTING & PUBLISHING
total $50,368 · program services $50,368
-
24c · Other expenses: STUDENT AWARDS & PRIZES
total $30,618 · management and general $30,618
-
24d · Other expenses: RECRUITMENT
total $5,615 · program services $35 · management and general $5,580
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,105,390 · end of year $2,355,013
-
3 · Pledges and grants receivable
beginning of year $352,750 · end of year $66,000
-
4 · Accounts receivable
beginning of year $6,857,242 · end of year $242,372
-
9 · Prepaid expenses and deferred charges
beginning of year $14,475 · end of year $13,184
-
10a · Land, buildings and equipment: cost or other basis
$77,670
-
10b · Land, buildings and equipment: accumulated depreciation
$77,670
-
10c · Land, buildings and equipment, net
beginning of year $1,563 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $25,925,636 · end of year $21,458,729
-
17 · Accounts payable and accrued expenses
beginning of year $40,736 · end of year $270,200
-
18 · Grants payable
beginning of year $105,000 · end of year $125,000
-
21 · Escrow or custodial account liability
beginning of year $237,995 · end of year $257,995
-
25 · Other liabilities
beginning of year $17,193 · end of year $574,608
-
27 · Net assets without donor restrictions
beginning of year $9,009,229 · end of year $7,323,930
-
28 · Net assets with donor restrictions
beginning of year $24,846,903 · end of year $15,583,565
Mission and programs · 2022
Mission
A. TO OPERATE AND ACT EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSE OF THE SOCIETY OF MANUFACTURING ENGINEERS, A TAX-EXEMPT CHARITABLE ORGANIZATION WHICH IS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, (THE "CODE"), AND WHICH IS NOT A PRIVATE FOUNDATION, AS SUCH TERM IS DEFINED IN CODE SECTION 509, PURSUANT TO CODE SECTION 509(A)(2). B. THE SME EDUCATION FOUNDATION'S MISSION IS TO PREPARE THE FUTURE ENGINEERS AND TECHNOLOGISTS FOR MANUFACTURING CAREERS THROUGH OUTREACH PROGRAMS TO ENRICH STUDENTS TO STUDY SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) IN ALIGNMENT WITH SME. C. TO OPERATE AND ACT EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SUCH TERMS ARE USED IN CODE SECTION 501(C)(3). D. TO RECEIVE AND ADMINISTER ASSETS EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SUCH TERMS ARE USED IN CODE SECTION 501(C)(3).
Activities or mission (Part I)
THE SME EDUCATION FOUNDATION MISSION IS TO INSPIRE, PREPARE, AND SUPPORT THE NEXT GENERATION OF MANUFACTURING ENGINEERS AND TECHNOLOGISTS.
-
SCHOLARSHIPS: IN 2022 THE SME EDUCATION FOUDATION AWARDED ACADEMIC SCHOLARSHIPS TO 440 GRADUATING HIGH SCHOOL SENIORS, CURRENT UNDERGRADUATES AND MASTERS OR DOCTORAL DEGREE STUDENTS PURSUING POST-SECONDARY DEGREES IN MANUFACTURING ENGINEERING, MANUFACTURING TECHNOLOGY, AND RELATED FIELDS. TOTAL SCHOLARSHIP AWARDS DISTRIBUTED TO 184 HIGHER EDUCATIONAL INSTITUTIONS EQUALED $1,770,513.
Expenses $2,074,775 · Grants $1,770,513 · Revenue $58,318
-
EDUCATIONAL PROGRAMS: THE PRIME (PARTNERHSIP RESPONSE IN MANUFACTURING EDUCATION) PROGRAM PROVIDES HIGH SCHOOL STUDENTS WITH HANDS-ON TRAINING AND MANUFACTURING SKILLS THROUGH ACCESS TO ADVANCED TECHNOLOGIES, INDUSTRY-LED CURRICULUM, JOB SHADOWING AND MENTORING PROGRAMS. CASH, EQUIPMENT AND CURRICULUM TOTALING $4,167,743 WAS DONATED TO SCHOOLS IN THE PRIME NETWORK IN 2022.
Expenses $5,023,077 · Grants $4,167,743 · Revenue $16,237
-
EDUCATIONAL EVENTS AND ACTIVITIES: PROJECTS INCLUDED SPONSORSHIP OF GIRL'S STEM CAMP AND SME STUDENT CHAPTER ASSISTANCE
Expenses $187,717
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John MillerJOHN MILLER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Frank Ervin IIIFRANK ERVIN III
VICE PRESIDENT/ACTING PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Andrew JonesANDREW JONES
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Erica Powell BellERICA POWELL BELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Adam ClaytorADAM CLAYTOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Valerie FreemanVALERIE FREEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kimberly GreenKIMBERLY GREEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Joe KannJOE KANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Robert KomljenovicROBERT KOMLJENOVIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Art McClellanART MCCLELLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mark MichalskiMARK MICHALSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Christopher RakeCHRISTOPHER RAKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kyle RiegelKYLE RIEGEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Marion WellsMARION WELLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Joanne WilliamsJOANNE WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Robert WilligROBERT WILLIG
EXECUTIVE DIRECTOR & CEO
- Total calculated
- $709,466
- From this org
- $51,990
- From related orgs
- $597,886
- Other
- $59,590
- Hours/week
- 4 + 46 related
Schedule J breakdown matched by us
- Base
- $32,136 + $369,567 related
- Bonus
- $19,539 + $224,695 related
- Other
- $315 + $3,624 related
- Deferred
- $2,520 + $28,978 related
- Nontaxable benefits
- $2,247 + $25,845 related
- Filer's total
- $56,757 + $652,709 related
-
Craig ConnopCRAIG CONNOP
CHIEF FINANCIAL OFFICER
- Total calculated
- $410,779
- From this org
- $29,168
- From related orgs
- $335,423
- Other
- $46,188
- Hours/week
- 4 + 46 related
Schedule J breakdown matched by us
- Base
- $20,633 + $237,275 related
- Bonus
- $8,423 + $96,865 related
- Other
- $112 + $1,283 related
- Deferred
- $1,330 + $15,299 related
- Nontaxable benefits
- $2,365 + $27,194 related
- Filer's total
- $32,863 + $377,916 related
-
Robert LuceROBERT LUCE
VP, SME EDUCATION FOUNDATION
- Total calculated
- $270,770
- From this org
- $233,741
- From related orgs
- $0
- Other
- $37,029
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $165,440
- Bonus
- $67,358
- Other
- $943
- Deferred
- $11,528
- Nontaxable benefits
- $25,501
- Filer's total
- $270,770
-
Shelley WooleySHELLEY WOOLEY
DIRECTOR, EDUCATION PROGRAMS
- Total calculated
- $148,638
- From this org
- $138,571
- From related orgs
- $0
- Other
- $10,067
- Hours/week
- 50
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- SOCIETY OF MANUFACTURING ENGINEERS ("SME"), THE PARENT ORGANIZATION OF SME-EF, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S VICE PRESIDENT: 1) RECOMMENDATION OF THE SME CEO 2) BENCHMARK STUDIES BY AN INDEPENDENT COMPENSATION CONSULTANT 3) FORM 990 OF OTHER SIMILAR ORGANIZATIONS 4) PRE-ESTABLISHED JOB OBJECTIVES IN ACCORDANCE WITH THE SME EXECUTIVE INCENTIVE PLAN 5) APPROVAL BY THE SME EXECUTIVE COMPENSATION COMMITTEE
- PART I, LINE 5
- SME, A RELATED ORGANIZATION, PAID BONUSES TO ITS MANAGEMENT, INCLUDING THE SME EDUCATION FOUNDATION VICE-PRESIDENT. THE BONUSES WERE PARTLY BASED ON ACHIEVEMENT OF SPECIFIC PROJECT MANAGEMENT GOALS AND PARTLY UPON THE REVENUES OF SME. NO PORTION WAS CONTINGENT UPON THE NET EARNINGS OF SME-EF OR ANY RELATED ORGANIZATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$917,656
FORD SCHOLARSHIP
-
CENTRAL COLUMBIA HIGH SCHOOL
$10,000
PRIME SCHOOL SUPPORT
-
CHARLESTON COUNTY SCHOOL DISTRICT
$10,000
PRIME SCHOOL SUPPORT
-
CHARLOTTE-MECKLENBURG BOARD OF EDUCATION
$10,000
PRIME SCHOOL SUPPORT
-
SAGINAW ISD
$10,000
PRIME SCHOOL SUPPORT
-
HELENA SCHOOL DISTRICT
$10,000
PRIME SCHOOL SUPPORT
-
INDIANA COUNTY TECHNOLOGY CENTER
$10,000
PRIME SCHOOL SUPPORT
-
ROMEO COMMUNITY SCHOOLS
$10,000
PRIME SCHOOL SUPPORT
-
METROPOLITAN SCHOOL DISTRICT OF WARREN TWP
$10,000
PRIME SCHOOL SUPPORT
-
WHEELING HIGH SCHOOL
$10,000
PRIME SCHOOL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SOCIETY OF MANUFACTURING ENGINEERS
501(C)(3) · EDUCATION · MI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323139349305107
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.