Educational Opportunity Association Inc

What it reported doing in 2024

The purpose of the educational opportunity association, (the association) is to bring together into a work and study community persons who have an active interest in or who are professionally involved in broadening accessibility to and success in formal postsecondary education. Major foci will be: 1) elements which prepare students for postsecondary educational experiences; and 2) institutional responses to the challenge of serving more diverse student populations. The association is particularly concerned about students who, by reason of socioeconomic station, first generation status, ethnic definition, military veteran status, and/or disability, are in a position of disadvantage with traditional mainstream american students. The association seeks to accomplish its purpose(s) by: 1) promoting research, evaluation, programmatic and fiscal planning, and training inclusive of, but not limited to, conducting workshops and seminars, and educating the public and public officials to the concerns of the association; 2) developing the capability to make timely and meaningful responses to issues and concerns affecting the educational resources and environments of students; 3) encouraging the development and expansion of a communications network primarily for persons professionally involved in educational opportunity programs and services; 4) engaging in the specific and general coordination of efforts with other organizations and persons having purposes supportive of or in harmony with association concerns; and, 5) awarding scholarships to students in accordance with the purposes of the association and according to qualifications established by the board of directors and the general assembly in conjunction with the eoa foundation.in 2024, accomplishments included conducting an eoa annual professional conference, emerging leaders institute; providing scholarships to college and pre-college participants; and providing professional development workshops for: eoa scholarships "how to" q & a session; ins & outs of coe's legislative conference; emerging leaders institute information q & a; "no props provided" by paradigm shift; three sessions for legislation & education "return on investment; "trauma informed virtual training; two sessions of program roundtables; "ignite your potential" workshop; and a student leadership conference for college and pre-college participants.

Financial Efficiency

• Mission deployment rate: 83.6%; rating input score 84
• Program expense ratio: 82.8%; rating input score 83
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th 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: 1 of 7 controls in place; rating input score 14
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -3.8%; rating input score 26; 26th percentile among comparable filings
• Total-asset coverage ratio: 0.94; rating input score 41; 41st percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 1.1% per year; rating input score 100; 22nd percentile among comparable filings
• Revenue growth: 1.2% per year; rating input score 100; 20th percentile among comparable filings
• Asset growth: 2.2% per year; rating input score 100; 26th percentile among comparable filings