Change the Equation Inc

What it reported doing in 2017

Providing data to inform corporate social responsibility change the equation's robust, state-by-state "vital signs" reports, which present more than 50 indicators for each state in the country, provide the richest, most complete state-by-state information on k-12 stem education ever assembled. They combine publicly available data with new data gleaned from new sources or reanalysis of data in existing sources. The data are available in brief pdf reports as well as in an interactive website that allows visitors to explore state-by-state data in more depth. These data illuminate critical areas of need in stem education, which helps our corporate partners better target their investments in stem education and advocacy for change. Cteq vital signs data have been cited by dozens of national and state media outlets across the country, and national legislators, state legislators, ceos, and at least two governors have used them to advocate for greater focus on stem learning. In 2017, cteq updated vital signs with new data as they became available and continued the process of creating tailored powerpoint presentations to make the case for strong stem education policies and programs in every state. In addition, cteq produced important new vital signs briefs and infographics featuring original data. The Iowa governor's stem advisory council (september 2017) - learn more about the stem "edunomic development initiative" that has fueled a stem education renaissance in Iowa and offers a model other states should aspire to. Ending the double disadvantage (brief and infographics) (july 2017) - students in the highest-poverty schools have the least access to critical stem resources, experiences, and classes. Strategies to help these schools are more crucial than ever. Will elementary science remain the forgotten stepchild of school reform? (infographics) (may 2017) - elementary school children are on a starvation diet of thin and infrequent science instruction. State policies can help change that. Will we make time for science and engineering in our elementary schools? (infographics) (march 2017) - elementary schools in states that adopted next generation science standards are spending more time on engineering but only if they devote class time to science. Engineering gains ground in k-12 schools (infographics) (february 2017) - new data show that efforts to make engineering part of the k-12 curriculum are beginning to pay off, especially in states that have adopted the next generation science standards. Cteq also selected a grantee to receive the ip for vital signs with the organization's dissolution. This involved a thoughtful, competitive process followed by negotiations with the ultimate grantee while keeping the initiative vibrant and current.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 93.7%; rating input score 94
• Fundraising efficiency: $20.95 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Missing
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
• Major donor itemization: No; rating input score 0
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -699.2%; rating input score 0; 0th percentile among comparable filings
• Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
• Liabilities to assets ratio: Limited
• Officer compensation ratio: 28.5%; rating input score 12; 12th percentile among comparable filings

Growth

• Program expense growth: 9% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: -19.9% per year; rating input score 0; 4th percentile among comparable filings
• Asset growth: -16.5% per year; rating input score 0; 6th percentile among comparable filings