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Annual Report 2023-2024
Annual Report 2023-2024

Watch Highlights

A Message from the Leadership

NSBE Members and Friends, 

This time last year, the National Society of Black Engineers’ annual report stated confidently that NSBE was “Engineered to Withstand” the mounting challenges facing our organization and Black communities broadly, particularly in the United States. So-called “anti-woke” initiatives in state legislatures across the country, and the recent ruling by the U.S. Supreme Court effectively ending affirmative action in higher education, were salient among the issues threatening the progress of NSBE’s work.
 
We also reported on the unprecedented decision made by our leadership, only weeks earlier, to opt for a more inclusive sociopolitical environment and a larger, more accommodating venue for our 50th Annual Convention (#NSBE50), by relocating the milestone event from Orlando, Florida, to Atlanta, Georgia, very late in the planning process.
 
The end of the reporting period, July 31, 2023, left our readers somewhat in suspense about the prospects for the continued success of NSBE’s mission in the near future. But today, we proudly report that the bold claims made at fiscal year-end 2023 were realized. The progress of our Society in Fiscal Year 2024 leaves no room for doubt about the resilience and strength of our people and our mission.
 
Our membership numbers made another big leap upward, by 27% this year, to 22,520, exceeding 20,000 for the first time since the COVID pandemic pushed down participation in nonprofit membership organizations almost universally around the globe.
 
#NSBE50 in Atlanta was a huge success, content-wise and by the numbers, as many of the Convention’s all-time record 16,600-plus attendees conveyed their appreciation to the Convention Planning Committee and other NSBE leaders for the roster of activities around the theme “Engineering CommUNITY.” Among the many highlights was an inspiring, wide-ranging conversation between NSBE pre-collegiate and collegiate members and NASA Astronaut and former NSBE collegiate member Victor Glover, who was also honored with a NSBE Lifetime Membership and presented with an NSBE patch for his space suit during the Convention.

NSBE’s Summer Engineering Experience for Kids (NSBE SEEK) returned for its 18th year of motivating educationally underserved children to pursue careers in STEM, in the program’s second year of presenting in-person, hands-on engineering design and STEM learning camps post-pandemic. Read further in this report to see uplifting data about NSBE SEEK’s success in moving students toward the goal this year.
 
A small decline in the number of Black bachelor’s degree recipients in engineering in the U.S. in 2023 — reflecting the challenges faced by students during the pandemic — was a setback for our movement toward NSBE’s 10k Goal, which is to lead U.S. colleges and universities to produce 10,000 new Black engineers annually by 2025. But even here, good news shined through: the percentage of Black graduates remained steady.
 
June 20, 2024, found NSBE and our mission on the world stage, as our leaders rang the closing bell for the Nasdaq stock exchange and shared countless photos of our members, to send the message to a global audience that NSBE is Black excellence in STEM.
 
And the fiscal year ended on a note of joy and anticipation, with the official kickoff of NSBE Gold, our 50th anniversary celebration, and a look ahead to the 2025 Annual Convention, in Chicago, the hometown of our Society’s founders.
 
NSBE members, NSBE supporters, FY24 proved the power of our CommUNITY. Let’s continue to use our power to move the world forward by providing STEM knowledge and proficiency to all.
 
Thank you for your dedication to NSBE’s vital work.
 

Sincerely,
Taylor Scott
2024–2025 National Chair, NSBE
Avery Layne
2023–2024 National Chair, NSBE
Janeen Uzzell
Chief Executive Officer, NSBE

Event Highlights

2023 Fall Regional Conferences

Fellowship, networking, career opportunities, enlightening guest speakers, awards ceremonies, and tech and science workshops and competitions are among the highlights of our annual Fall Regional Conferences (FRCs).

The FRCs bring together our members in each of our six geographic regions each year for a motivational refill on their journey to fulfillment of NSBE’s mission.

Region I
Nov. 2–5, 2023
Atlantic City Convention Center, Atlantic City, NJ
Region II
Nov. 3–5, 2023
Hilton Norfolk The Main, Norfolk, VA
Region III
Nov. 10–12, 2023
Atlanta Marriott Marquis, Atlanta, GA
Region IV
Nov. 17–19, 2023
Hyatt Regency O’Hare Chicago, Chicago, IL
Region V
Nov. 16–19, 2023
Sheraton New Orleans Hotel, New Orleans, LA
Region VI
Nov. 10–12, 2023
Doubletree by Hilton Hotel San Jose, San Jose, CA

Event Highlights

2023 Professional Development Conference

The premier event for NSBE Professionals returned to Dallas, Texas, for its 10th anniversary, on Aug. 23–27, 2023. The 2023 NSBE Professional Development Conference (PDC) brought together nearly 500 engineers, other STEM professionals, entrepreneurs and executives for sessions focusing on Executive Leadership, Innovative Technology, Entrepreneurship & Career Ownership and Health & Wellness with Emotional Intelligence. Workshops, a career exposition, scholarship fundraisers, awards ceremonies and numerous other events highlighted another memorable PDC.
Visit PDC

Event Highlights

2023 National Leadership Conference

Developing the next generation of STEM-educated leaders to “positively impact the community” is a main goal of our student-led organization. The NSBE National Leadership Conference (NLC), a central feature of our year-round National Leadership Institute, provides early-term development and training for the national and regional officers who lead the Society. NSBE’s recently elected national and regional leaders gathered at the 2024 NLC, held at Swissôtel, in Chicago, Illinois, June 26–30, to continue moving the Society toward the goals and objectives of our strategic plan, Game Change 2025.
Visit NLC

Event Highlights

50th Annual Convention

Exceeding the attendance goal by more than 1,600 participants was only one of the many success stories written at NSBE’s 50th Annual Convention (#NSBE50). Atlanta Mayor Andre Dickens — an engineer and a former member of NSBE — joined other leaders at the press conference for the landmark event, which brought 16,683 attendees — an all-time record for NSBE — to the Georgia World Congress Center in Atlanta, March 20–24, 2024.
The Convention theme — “Engineering CommUNITY” — spoke to the vision of NSBE’s six founders and the diverse supporters who helped them actualize that vision in 1975. As sentiment against diversity, equity and inclusion surged in Florida and other states in fall 2023, NSBE’s leadership unified to announce the relocation of the event to Atlanta from its original venue in Orlando. The decision was perilous in terms of logistics and planning, but it resulted in a quality experience that reflected our organization’s commitment to our mission.

Highlights

NSBE Origins
A “NSBE Origins” workshop provided Convention participants with firsthand accounts from the founders and charter members of our organization and presented a comprehensive first look, for many, at the diverse coalition of students, industry executives and higher education faculty and administrators that made NSBE possible.
A high-energy Black STEM Experience event, sponsored by Amazon, used a game show format, music and other entertainment to enlighten attendees about the state of Black America in STEM and to show what a more inclusive STEM culture can look and feel like.
BSX
NSBE CEO Janeen Uzzell reported on NSBE’s leadership work with the 50k Coalition, a group formed by NSBE, the Society of Hispanic Professional Engineers (SHPE), the Society of Women Engineers (SWE) and the American Indian Science and Engineering Society (AISES) to reshape the engineering landscape.
50K Coalition
The culminating event: the NSBE Golden Torch Awards ceremony, was emceed by renowned actor and musician Malcolm-Jamal Warner. The ceremony included awards to individuals and organizations in 18 categories for their work that advanced NSBE’s mission, and a special NSBE Lifetime Membership presentation to Astronaut Victor Glover, who was a NSBE leader as an undergraduate at California Polytechnic State University, San Luis Obispo.
NSBE Golden Torch Awards

Membership

NSBE’s impressive membership resurgence post-pandemic continued this year, with an increase of more than 4,700 in the number of students and professionals committed to fulfilling our mission. 

The 26.6% uptick was reflected in every membership category and followed an earlier 26% increase during Fiscal Year 2023. 

Our NSBE Professionals expanded by more than a third this year, and our collegiate membership demographic experienced a bump-up of more than 31%, contributing to a membership total that exceeded 20,000 for the first time since the rise of COVID-19.

A strategy of increased engagement with our members earned the membership growth in 2023–24: from pre-collegiate programs providing early STEM exposure; to academic and leadership skills development; to career development activities; to events and communications designed to enhance fellowship within the Society.

14,083

Collegiate Members

31% increase from
10,714 in 2023

823

Lifetime Members

17% increase from
703 in 2023

3,237

NSBE Jr. Members

4% increase from
3,114 in 2023

4,377

Professional Members

34% increase from
3,255 in 2023

In The Media

Advancement of our mission accelerated as media outlets turned to NSBE throughout the year, for news about life-changing and community-empowering programs such as our Summer Engineering Experience for Kids (SEEK); to report on our leadership role in the Black community’s response to the U.S. movement against diversity, equity and inclusion; and for reports that amplified our yearlong 50th anniversary celebration for a global audience, as NSBE leaders rang the closing bell at the Nasdaq Stock Market.
  • DeSantis’ ‘Anti-Woke’ Bills Are Costing Florida Millions of Dollars in Business
  • National Society of Black Engineers Rings the Closing Bell
  • NSBE’s SEEK Program Gives Kids Nation-wide a Look into Engineering

DeSantis’ ‘Anti-Woke’ Bills Are Costing Florida Millions of Dollars in Business

"It was a difficult decision for the National Society of Black Engineers to move its 2024 event from Florida, said Janeen Uzzell, CEO of the National Society of Black Engineers, which two years ago selected Orlando to serve as the host city for its 50th annual convention.

But after conversations with the NAACP, the National Urban League, legal team, sponsors, members of Congress as well as other organizations in the same boat, the NSBE decided it was best to not have the event there, she said, adding that ‘significant sums’ of money are potentially being left on the table."
Visit Source
CNN Business, Aug. 6, 2023

National Society of Black Engineers Rings the Closing Bell

“When we empower NSBE, we empower ourselves. When we invest in NSBE, we invest in our collective future. And when we celebrate NSBE, we celebrate the very best of what the world can be.”

— Angela Stewart, Nasdaq Vice President of Corporate Systems
Visit Source
Nasdaq.com, June 20, 2024

NSBE’s SEEK Program Gives Kids Nation-wide a Look into Engineering

"This past Monday the National Society of Black Engineers (NSBE) launched its annual Summer Engineering Experience for Kids (SEEK) program for 3rd, 4th, and 5th graders who share an interest in learning about engineering.

The program is formed to provide Black students and other minorities in STEM the opportunity to learn the basics of engineering, understand complex puzzles and provide each student a chance to be a part of NSBE."
Visit Source
US Black Engineer & Information Technology Magazine, June 24, 2024
Black engineers convention pulls out of Orlando for 2024
Visit Source
National Society of Black Engineers pull convention from Florida over new state laws
Visit Source
In DeSantis rebuke, 2 major Black orgs move their conferences — and millions in revenue — out of Florida
Visit Source

2023-24

National Officers, National Advisors and World Headquarters Staff

  • National Executive Board

  • National Advisory Board
  • National Professionals Executive Board
  • NSBE World Headquarters Staff

Administrative Zone

Avery Lane
National Chair
Victoria Pinkett
National Vice Chair
Jessica Oseghale
National Secretary
Seyi Akinwumi
National Treasurer
Obum Egolum
National Parliamentarian
Townsend Brown
National NSBE Professionals Chair

Communications Zone

Chidera Iwudyke
National Technology Chair

Finance Zone

Seyi Akinwumi
National Treasurer
Jessica Brown
National Finance Chair
Nathaniel Donkoh-Moore
National Financial Controller
Bionka Barryer
Assistant Treasurer of Special Projects
Destinee Carter
National 2024 Convention Planning Committee Chair

Programs Zone

Jalynn Burruss
National Pre-College Initiative Chair
Dunsin Fadojutimi
National Leadership Institute Chair
Ayomide Akosile
National Engineering Diversity Chair

Membership Zone

Victoria Pinkett
National Vice Chair
Taylor Scott
National Membership Chair
Marianna Alidu
National International Committee Chair
Christopher Outlaw
Region I Chair
Myracle Jarmon-Moore
Region II Chair
Kendall Flores Taylor
Region III Chair
Philip Lawal
Region IV Chair
Chika Okwor
Region V Chair
Elizabeth Eyeson
Region VI Chair
Townsend Brown
National NSBE Professionals Chair
S. Gordon Moore Jr.
Chair
Donna Johnson Mackey, Ph.D.
Vice Chair
André (“Dré”) Willis
Secretary
Shelly Morris
Treasurer
Njema Frazier, Ph.D.
Board Member
Kenny Green
Board Member
Anthony Harris
Board Member
Steven Jarrett
Board Member
Perry Walker
Board Member
Virginia Booth Womack
Board Member
Augustine Esogbue, Ph.D.
Advisor Emeritus
Gary May, Ph.D.
Advisor Emeritus

Administrative Zone

Townsend Brown
National Professionals Chair
Taylor Jacobs
National Professionals Chair-Elect
Seth Rylander
National Professionals Secretary
Alex Isaac
National Professionals Treasurer
Georgette Harrison
National Professionals Programs Chair
Ciara Lynton
National Professionals Parliamentarian
Arthur Edge
National Professionals Chair Emeritus
Renee Robinson
National Professionals Publicist
Jasmin Delva
National Professionals Talent Development Chair
Valerie Thomas
National Professionals Technical Excellence Chair
Johnnie Tangle
National Professionals Finance Chair
Nicole Shirley
National Technical Professionals Conference Chair
Julius Hudson
National Professional Development Conference Chair
Maurice Patterson
National Professionals PDC Chair Elect
C.J. Kirk
National Professionals College Initiative Chair
Jonathan Tyler
National Professionals Membership Chair
Krystal Folkes
National Professionals Technology Officer
Yosef Borga
National Special Projects – Finance Officer
Eboneki Akhibi
National Professionals Executive Board Awards Coordinator
Lanelle Sneed
Region I Professionals Chair
Akissi Lewis
Region II Professionals Chair
Kyrah Williams
Region III Professionals Chair
Jarrell Johnson
Region IV Professionals Chair
Alexandria Proffet
Region V Professionals Chair
Deshawn Edwards
Region VI Professionals Chair

Executive Office

Janeen Uzzell
Chief Executive Officer
Ubon Isang
Senior Human Resource Specialist
Stanton Hill
Chief Financial and Operations Officer
Rochelle Williams, Ph.D.
Chief Programs and Membership Officer

Accounting

Teanesha Washington
Senior Accounting and Finance Director
Eden Assefa
Senior Accounting Manager
Felicia Carter
Financial System Support Manager
Christina Wynn
Staff Accountant

Information Technology

Ralph Perez
Senior Information Technology Director
Darius Simington
Registration and Event Technology Manager

Programs

Ruth McNeil
Director of Programs
Camille Chavis
Senior Programs Implementation Manager
Danielle Mazzuchi
Collegiate and Professional Programs Manager
Myleeka Coleman-Lawler
Specialist, SEEK Operations and Logistics
Sonja Dorsey
Senior Manager, Pre-Collegiate Programs
Atiya Harley
Manager, Pre-College Intiative
Thomas Harris
Pre-Collegiate Initiatives Specialist
Raynashia Goodine
Programs Scholarships & Awards Manager
DeAndré Robertson
Programs Coordinator

Membership

Cecelia Pitt
Membership and Registration Manager
Ciera Jeter
Membership and Engagement Specialist
Whitney Larman
Membership & Engagement Specialist

Fund Development

Christopher Thompson
Development and Fundraising Director
Muriel Evans-Buck
Senior Fund Development Director
Jessica Sussen
National Partnerships Director
Darrin Hutchins
Programs Fundraising Senior Manager
Dara Tilghman
Corporate Partnerships Senior Manager
Ashley Martin
Senior Giving Manager
Tyerica Boyd
Fund Development Account Manager
Morgan Boykin
Fund Development Account Manager
Angela Jackson
Development Administrative Assistant

Operations

Monica Bright-Hill
Director, Human Resources
Roena Cox
Sr. Manager of Events and Travel
Ebony Jackson
Manager, Contracts & Operations
Keshia Robinson
Director of Operations and Events
Latika R Webster
Senior Manager Events and Sourcing
Eboni Bowman
Office Manager

Marketing and Communications

Bridget Betts
Director of Marketing & Communications
Brandon Hayes
Marketing Manager
Kiara Dunston
Marketing and Communications Manager

Programs and Initiatives

Foundational work and innovation to increase our effectiveness characterized NSBE’s programs and initiatives in the current reporting period.

MOU Revamp

Since our launch nearly 50 years ago, effective partnerships to advance our mission have been essential to the National Society of Black Engineers. This year saw the value we place on those mission-driven collaborations increase even further, in the face of rising social-political challenges to our work.

To meet those challenges, NSBE’s Programs Team took on the task of sharpening one of our organization’s key tools for partnership management: our Memorandums of Understanding (MOUs), written agreements that outline shared goals, responsibilities and expectations of partners, without the complexities of legal contracts or financial commitments. Our implementation of a streamlined, application-based MOU process this year now ensures that each of our MOU partnership agreements aligns with NSBE’s values, goals and mission.

Integrated Assistance

Honeywell, a Fortune 500 company with businesses in automation, aviation and energy transition, is among the longest-serving partners supporting our collegiate members and U.S. engineering education institutions through the NSBE Integrated Pipeline Programs (IPPs). NSBE developed the IPP concept in 2016, to enable collaboration with our corporate partners in customized, holistic programs to significantly increase the number of Black students prepared to fill technical positions in the workplace. NSBE IPPs increase awareness of and access to STEM careers through internships, scholarships, mentoring and professional development seminars; provide grants to universities to scale-up successful academic support programs; engage with and support pre-collegiate students to encourage their interest in engineering careers; and support programming for technical professionals within NSBE.

Honeywell awarded 19 scholarships totaling $95,000 to NSBE collegiate members this reporting year, directly supporting the students’ academic and professional journeys. In addition to receiving financial assistance, the Honeywell-NSBE IPP scholars engaged in career readiness programs designed to enhance their professional development and mental health.

Summer Support

NSBE established our Summer Engineering Experience for Kids (NSBE SEEK) program in 2007 to introduce science, technology, engineering and math (STEM) to rising 4th, 5th and 6th grade students from communities whose members are underrepresented in the STEM fields. Since then, tens of thousands of students have benefited from the hands-on, team-based engineering design projects of the cost-free program, which aims to inspire the students to pursue engineering and technology careers. NSBE SEEK provides three weeks of mentorship/instruction by NSBE collegiate members and others, encourages creativity and fosters a love for learning in a supportive environment.

The 2024 NSBE SEEK program took place in four physical locations — Houston, Chicago and two sites in Washington, DC — and one virtual camp.
Site # of Students
Chicago, IL – Earle STEM Elementary 18
Houston, TX – Baker Ripley House 106
Washington, DC – C.W. Harris Elementary (all-girls) 27
Washington, DC – Payne Elementary 109
Virtual 411
Total 671
STEM Awareness – 98% of students increased their understanding that there are multiple types of engineers.

Confidence and Interest in STEM – 80% of students developed greater confidence in their ability to do well in science. 82% of students developed greater confidence in their ability to do well in math.
“I’m a systems engineer, and until I went to college, I did not fully understand what engineers did…. The culture and first-class instruction my son received had me in tears every single Friday during their presentations. I wished I had this experience growing up. We drove an hour each way every week for this experience and are so grateful for this exposure to his love of engineering and peers that look like him.”
“My children love building things and seeing how they work. Having multiple children made it difficult to commit financially to a program for all at the same time. (I’m) very grateful SEEK is able to provide this learning at no cost. (It is) very empowering for the parent and child to see representation of themselves amongst peers and instructors. My children left the program every day excited to use their imagination to code.”

  • 671 Students Participated in NSBE SEEK in 2024

  • NSBE SEEK Learning Objectives Met
  • What Parents Thought About NSBE SEEK

Scholarship Awards

The financial burden of higher education weighs more heavily on African American students, as a whole. To address this challenge, the NSBE National Scholarship Program provides crucial financial support, ranging from $500 to $17,000 per year, to students pursuing engineering or applied science degrees. This year, NSBE’s National Scholarship Program awarded more than $1.3 million in scholarship awards to pre-collegiate, undergraduate and graduate students. Meaningful scholarships increase the likelihood that students complete their engineering degrees. They also help fulfill NSBE’s mission — “to increase the number of culturally responsible Black Engineers…”— and they empower students to fulfill their dreams of obtaining higher education in STEM. 
Scholarship Name # of Awards Amount of Each Award
Analog Devices Scholarship 2 $5,000
Angela Barbee Scholarship 2024 3 $5,000
Ansys Scholarship 2024 6 $5,000
Barnes Scholarship 8 $5,000
Chevron Scholarship 18 $5,000
Deloitte Foundation Scholarship 36 $17,500
Eaton Scholarship 5 $2,500
ExxonMobil Scholarship 6 $3,500
Ford Motor Company Fund Scholarship 2024 9 $5,000
GEI Consultants Inc. Scholarship 2 $5,000
Graduate Student Conference Travel Grant 2 $500
Graduate Student Scholarship 23-24 3 $2,500
John Deere Scholarship 2024 3 $5,000
Leroy Callendar NSBE Jr. Scholarship 2 $500
LP Building Solutions Scholarship 2 $5,000
NSBE Academic Improvement Scholarship 15 $1,500
NSBE Affiliate Scholarship 21 $2,500
NSBE BCA Scholarship 45 $2,000
NSBE Fellows Scholarship 15 $1,500
NSBE Fulfilling the Legacy Scholarship 15 $1,000
NSBE Jr. Golden Torch Scholarship 20 $1,000
NSBE Jr. Graduating Senior Scholarship 3 $1,000
NSBE Retention Scholarship 2024 10 $1,000
NSBE Study Abroad Scholarship 2 $1,000
NV5 Global Inc. Scholarship 10 $5,000
NYPA Future Energy Leaders Scholarship 5 $10,000
Ramboll Flourish Scholarship 6 $7,000
The American Ceramic Society Scholarship 1 $5,000
Tighe & Bond Scholarship 2 $5,000
Total: 277 $1,332,500

Partnerships and Fundraising

Partners Who Move Us Forward

The Power of a NSBE Pivot: When NSBE was faced with the prospect of doors closed to our programming in Florida, we responded with decisive action, aligning with our partners and our leadership to execute a bold change of direction. In Atlanta, we reaffirmed our mission, stood firm with our members and demonstrated our power. Our 2024 Annual Convention wasn’t just a relocation. It was a powerful statement of resilience and commitment. Under the theme “Engineering CommUNITY,” we brought together more than 16,600 attendees, the largest convening in NSBE’s history, fostering career advancement, innovation and industry leadership.

A Record-Breaking Year of Impact

FY2024 was a phenomenal year, with the Annual Convention being the largest career engagement and partnership success in NSBE’s history. Thousands of our members connected with more than 400 top employers and higher education recruiters at the Annual Convention Career Fair, forging new opportunities and career pathways. This year also marked the expansion of our corporate network with the addition of new affiliates from various industries, including telecommunications, semiconductor and construction. The new presence signals a growing recognition of NSBE’s impact, and we look forward to nurturing and strengthening these relationships as we continue building pathways for Black Engineers to thrive. 

Strength in Partnership

The overall success we saw during this fiscal year and the success of the 2024 Annual Convention were both made possible through the unwavering commitment of our partners, who stood alongside us to create a transformative experience for our members.

Amazon 

Amazon played a vital role in leading the Black STEM Experience (BSX), hosting the Engineering CommUNITY initiative, which provided hands-on engagement, professional development and networking opportunities that strengthened the career pipeline for Black engineering talent. 

Bechtel 

Bechtel exemplified exceptional leadership in strategic partnership by hosting our Winter Conference and inviting members of the NSBE Board of Corporate Affiliates (BCA) to their headquarters for an innovative strategy session. This collaboration deepened industry ties and reinforced Bechtel’s investment in the future of NSBE.

Merck

Merck expanded its commitment to NSBE by hosting an exclusive on-site leadership meeting, where our CEO connected with Merck’s CIO and CTO. This high-impact gathering sparked meaningful conversations about corporate engagement, opening doors for long-term partnerships that will shape opportunities for NSBE members for years to come. 

UL Enterprises

UL Enterprises, although new to NSBE partnership, made an immediate and significant impact, quickly aligning with our mission and displaying genuine dedication to our members. Their decisive action in funding various Annual Convention initiatives demonstrated their status as an authentic partner.

To Our Partners:

We are deeply grateful. Your support, leadership and dedication to the advancement and success of NSBE have been invaluable. Your belief in our vision and your investment in our members continue to propel NSBE forward. As we look to the future, we recognize that partnership is more than sponsorship. It is a shared commitment to ensuring that Black Engineers excel academically, succeed professionally and positively impact the world. Together, we are engineering a future where equity, innovation and opportunity are at the forefront.

Our 2023–24 National Partners

71

Board of Corporate
Affiliates Partners

The BCA represents NSBE’s top national support level, where leading corporate and government strategic partners work with our leadership to make a critical impact on our mission.
Abbott
Accenture
Air Products and Chemicals, Inc.
Amazon.com Services LLC
American Axle and Manufacturing (AAM)
America’s Navy
Ansys Corporation
Apple, Inc.
BAE Systems, Inc.
Bechtel Corporation
The Boeing Company
Bose Corporation
BP, Inc.
Caterpillar Inc.
Chevron
Cummins, Inc.
Dell Technologies
Delta Air Lines, Inc.
Dow, Inc.
Eaton Corporation
Edwards Lifesciences, LLC
Ericsson
ExxonMobil
Ford Motor Company
Ford Motor Company Fund
GE Aerospace
GE Vernova
GEI Consultants, Inc.
General Dynamics, Inc.
General Electric International, Inc.
General Motors
Goldman Sachs
Google
HP Inc.
IBM
Intel Corporation
Jacobs
John Deere
Johnson & Johnson Family of Companies
Lam Research Corporation
Lenovo
Livent Corporation
Lockheed Martin Corporation
Match Group, Inc.
Merck & Co., Inc.
Micron Technology
Microsoft, Inc.
Morgan Stanley
NASA
Northrop Grumman Corporation, Inc.
P&G
Paycom Software Inc.
PBF Energy
PPG
Rockwell Automation
RTX
Schneider Electric
Siemens, Inc.
Southern Company
Stantec Consulting Services
TE Connectivity
Trimble, Inc.
U.S. Department of State
UL Enterprise
Virtu-Financial
W.L. Gore & Associates Inc.
Walmart Corporate
Wells Fargo
Whirlpool Corporation
The Whiting-Turner Contracting Company
Worley Group Inc.

38

Affiliate Partners

Our Affiliate Partners are essential collaborators in our work, providing funding for the NSBE Fellows Program, student scholarships and the Annual Convention.
ABB, Inc.
Airbus
American Express
Aptiv
Arcadis Us, Inc.
ASML US, LLC
AstraZeneca Pharmaceuticals LP
Barnes Group Inc.
Bloomberg LP
Cadence Design Systems, Inc.
Central Intelligence Agency
ConocoPhillips
Cook Medical Holdings, Inc.
Discover Financial Services
Dominion Energy, Inc.
DPR Construction
FM
GHD
Henkel
InternX – Fund II Foundation
Kenvue
KOHL’s, Inc.
L3Harris Technologies
Moog, Inc.
Motorola Solutions Inc.
Najwa Corum Household
NOAA/GFDL
Nucor Corporation
Pfizer, Inc.
Ramboll
Spirit AeroSystems Inc.
Tetra Tech
Texas Instruments
Toyota Motor North America
United Parcel Service (UPS)
Universal Destinations & Experiences
USAA
Xylem

Financials

For the Years Ended July 31, 2024 and 2023
  • Statement of Financial Position
  • Statement of Activities and Changes in Net Assets

National Society of Black Engineers

Statement of Financial Position

July 31, 2024 and 2023

Description 2024 2023
ASSETS
CURRENT ASSETS
Cash and cash equivalents 10,284,021 7,035,787
Accounts receivable, net 6,424,376 9,138,967
Prepaid expenses and other assets 537,575 485,233
Total Current Assets $17,245,972 $16,659,987
NON-CURRENT ASSETS
Investments 9,922,069 9,170,420
Buildings, furniture, fixtures and equipment, net 2,702,598 2,988,053
Right-of-use finance lease, net 1,138 —
Total Non-Current Assets $12,625,805 $12,158,473
TOTAL ASSETS $29,871,777 $28,818,460
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Accounts payable and accrued expenses 2,157,003 1,999,502
Deferred revenue 5,175,272 7,610,980
LMA payable – Merrill Lynch 2,213,490 2,450,323
Lease liability 1,150 —
TOTAL CURRENT LIABILITIES $9,546,915 $12,060,805
NET ASSETS
Without donor restrictions 15,465,698 12,459,181
With donor restrictions 4,859,164 4,298,474
Total net assets $20,324,862 $16,757,655
TOTAL LIABILITIES AND NET ASSETS $29,871,777 $28,818,460

National Society of Black Engineers

Statement of Activities and Changes in Net Assets

For the Years Ended July 31, 2024 and 2023

2024 2023
Description Without Donor Restrictions With Donor Restrictions Total Total
REVENUE
Solicitations/sponsorships and Donations 4,139,608 1,528,500 5,668,108 4,542,882
BCA partnerships 3,850,000 — 3,850,000 4,095,000
Grants and foundations — 1,690,823 1,690,823 1,734,820
Registration 4,848,266 — 4,848,266 2,563,223
Affiliate partnerships 1,520,000 — 1,520,000 1,880,000
In-Kind donations 6,390 — 6,390 —
Job postings 690,626 — 690,626 942,762
Career fair 3,414,500 — 3,414,500 3,092,300
Publications 33,600 — 33,600 70,700
Dues 551,228 — 551,228 367,633
Scholarships 106,906 403,000 509,906 728,570
Interest income 600,621 — 600,621 302,219
Other income — — — —
Royalty income 185,861 — 185,861 265,890
Net unrealized gain (loss) on investments 1,308,437 — 1,308,437 209,220
Net realized gain (loss) on investments (320,866) — (320,866) (66,247)
Total Revenue $20,935,177 $3,622,323 $24,557,501 $20,728,972
EXPENSES
Program Expenses
National convention 6,133,952 — 6,133,952 3,908,176
Publications 91,466 — 91,466 160,990
Regional activities 1,882,369 — 1,882,369 1,548,102
Scholarships 581,271 403,000 984,271 1,245,257
Pre-Collegiate initiative 487,976 — 487,976 47,697
SEEK 435,163 1,140,992 1,576,155 1,950,725
National executive board 512,836 — 512,836 389,435
Professionals 1,025,262 — 1,025,262 858,311
Grant funded programs 173,183 1,517,641 1,690,824 1,656,282
Other programs 566,684 — 566,684 395,192
Total Program Expenses 11,890,162 3,061,633 14,951,795 12,160,167
Supporting Services
Fundraising 1,219,077 — 1,219,077 1,243,155
World headquarters 4,819,421 — 4,819,421 5,462,844
Total Supporting Services Expenses 6,038,498 — 6,038,498 6,705,999
Total Expenses $17,928,660 $3,061,633 $20,990,293 $18,866,166
Change in net assets 3,006,517 560,690 3,567,207 1,862,806
Net assets – beginning of year 12,459,181 4,298,474 16,757,655 14,894,849
Net Assets – End of Year $15,465,698 $4,859,164 $20,324,862 $16,757,655