Education Reimagined

What it reported doing in 2024

Catalyze invention -we are advancing bold, community-led efforts to design and pilot the systems change needed to make learner-centered education sustainable and equitable for every child and family in the country. Through partnerships with local leaders, we support place-based r&d and the development of new partnerships, structures, and conditions that can enable learner-centered ecosystems to emerge and thrive. In tandem, we collaborate with funders, policymakers, and cross-sector allies to build the broader conditions necessary for transformation -grounding this work in real community experiences, while informing the future of public education.in 2024, we accelerated this work by: -launching an ecosystem lab with a dozen diverse communities creating localized ecosystem models and piloting solutions to shared design and implementation challenges. -publishing a state-level policy and conditions analysis that shares actionable insights for how policymakers and practitioners can successfully leverage current policy conditions for innovation. -engaging 25 state and policy leaders in a collaborative effort to explore the opportunities, barriers, and necessary policy conditions for ecosystem development. -elevating the role of youth development in ecosystem design, through contributions to a new book built for more and the dissemination of a co-authored paper, "too essential to fail" -17 national conversations and events focused on cross-sector collaboration. -hosting a national webinar series with 300+ attendees, cultivating future partnerships across sectors.by supporting bold invention and investigating what it takes for new systems to take root, we are paving the way for learner-centered ecosystems to grow and endure across the country.

Financial Efficiency

• Mission deployment rate: 91.9%; rating input score 92
• Program expense ratio: 78.2%; rating input score 78
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • 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: 94.5%; rating input score 94; 29th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 92.9%; rating input score 93; 23rd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -17.2%; rating input score 8; 8th percentile among comparable filings
• Total-asset coverage ratio: 1.35; rating input score 48; 48th percentile among comparable filings
• Liabilities to assets ratio: 0.25; rating input score 39; 39th percentile among comparable filings
• Officer compensation ratio: 32.2%; rating input score 5; 5th percentile among comparable filings

Growth

• Program expense growth: 19.1% per year; rating input score 100; 84th percentile among comparable filings
• Revenue growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
• Asset growth: 16.6% per year; rating input score 100; 78th percentile among comparable filings