Alliance for Education

What it reported doing in 2024

Educational Investments: The Alliance brings together the philanthropic community and Seattle Public School (SPS) leadership to define and support strategic investments in SPS with a focus on increasing equity. Our strategic work includes: The Seattle Teacher Residency, the Right Now Needs Fund and Other Investments advancing racial equity and educational excellence in Seattle Public Schools.Continued on Schedule O.The Seattle Teacher Residency (STR): STR accelerates student achievement through the preparation, support, and retention of exceptional teachers who reflect the rich diversity in Seattle Public Schools. We recruit, prepare, and support a diverse pipeline of high-quality teachers trained specifically to teach in Seattle's highest need schools, particularly Title I schools. Some highlights of our successes in 2024 include:- Teachers Trained: As of September 2024 (the beginning of the 2024-25 school year) there were 191 STR-trained teachers in more than 50 public schools in Seattle. An additional 23 residents were recruited for Cohort 12 and started the program in 2024. These residents will be eligible for service in Seattle Public Schools in spring 2025.- Students Served: More than 3,000 students in over 30 Title I schools benefitted from teachers trained with critical content, social-emotional, and cultural competencies through the STR program during the 2024-25 school year.- Diversity: 54% of current STR residents are teachers of color or biracial and multiracial educators compared to 19.5% of other Seattle Public School teachers in a district where 55.5% of students are students of color.The Right Now Needs Fund: The Right Now Needs Fund is a vital program designed to directly support Seattle Public School students by addressing their most basic and immediate needs. To ensure that students can focus on learning, the Alliance disburses funds to all 104 Seattle Public Schools, tailored to the percentage of students receiving free and reduced lunch at each school. In addition, the Alliance disburses funds to McKinney Vento and Special Education students, as well as students enrolled in both Summer School and the Office of African American Male Achievement programs. These funds are available to students and families and are approved by the school principal, allowing them to be used for essentials like warm clothing, food, shelter, and school supplies. Since its inception, the Right Now Needs Fund has allocated $6 million towards supporting students. In 2024 alone, over $1,151,000 was disbursed to meet the urgent needs of students and families, emphasizing the impactful and ongoing nature of this program. Other Investments: The Alliance raises dollars to support initiatives that advance racial equity and educational excellence in Seattle Public Schools. In 2024, the Alliance continued supports for Seattle Public School's Office of African American Male Achievement and school culture improvements.

Financial Efficiency

• Mission deployment rate: 70.5%; rating input score 70
• Program expense ratio: 72.3%; rating input score 72
• Fundraising efficiency: $8.89 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.3%; rating input score 99; 38th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 8.8%; rating input score 60; 60th percentile among comparable filings
• Total-asset coverage ratio: 2.88; rating input score 73; 73rd percentile among comparable filings
• Liabilities to assets ratio: 0.17; rating input score 48; 48th percentile among comparable filings
• Officer compensation ratio: 18.4%; rating input score 14; 14th percentile among comparable filings

Growth

• Program expense growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
• Revenue growth: 1.4% per year; rating input score 100; 17th percentile among comparable filings
• Asset growth: 3.2% per year; rating input score 100; 25th percentile among comparable filings