Babson Global Inc

Overview

Mission

See schedule o

What it reported doing in 2024

Babson global was created to manage babson's global projects and activities that fall outside of the traditional offerings in undergraduate, graduate, and executive education. Based on thereputation, skills, knowledge, and experience of the college, babson global delivers programs that extend entrepreneurial thought and action to new populations.

Operating model

Revenue model
Earned-program. 81% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
271642647
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-T 2024
Headquarters
Babson Park, MA, USA
Phone
7812395298
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

The verdict

MIXED - Most voting board members are independent and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 39
  • Accountability: 65
  • Sustainability: 81
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 37.7%; rating input score 38
  • Program expense ratio: 73.9%; rating input score 74
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 14th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 36.9%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 24.01; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: -16.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -12.3% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 11.5% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 37.7% of revenue deployed · 73.9% of spending went to programs
  • Governance: 4 of 5 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.2M in reported program spending
  • Leadership: top reported pay $366K · 7 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $993K reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 6 filed schedules · includes foreign activity and executive pay
  • Filing history: 13 annual filings from 2012 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

7 people listed

Highest reported compensation

  • DAVID ABDOW (PRESIDENT, CEO & TREASURER): $365,614 total reported compensation
  • BRIGITTE MUEHLMANN (DIRECTOR): $309,428 total reported compensation
  • MATTHEW MCINTYRE (CLERK): $253,145 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.