Gsmbc Community Development Corporation

What it reported doing in 2025

Education the center has a partnership with wallace community college to facilitate the ged/adult education program to engage those individuals without a high school education in the headland/henry county community to complete their ged and to become proficient in life skills by becoming employable and self-sufficient. The relationship with wallace college will provide a gateway of possibilities for individuals to explore career opportunities by bringing the "college to the community". We would expand our relationship with wallace college and our local schools by hosting career fairs and exploration days, workforce development seminars, and bridging the gap between individuals and opportunities that exist within industry and education. The ged/adult education program participants will have their progress monitored by the instructor assigned by wallace college. Ged practice tests and assessments in math, science, and language arts would be given to establish initial baselines and a work plan developed by the program instructor to set individual goals in preparing them for the examination. Computer based training and standard teaching modules will be provided with the center having within it, a computer lab with wireless access points and meeting rooms for instruction. After-school tutoring and summer enrichment programs will be provided in the areas of math, science, engineering, technology, and the arts. In partnership with certified teachers within the school system, along with community volunteers with requisite experience in tutoring; math, science, and reading tutoring will be provided for students who need assistance at no cost. Teachers and tutors will have background checks performed and the center will maintain the highest level of accountability. Teachers/tutors will have meetings with parents to establish an effective, collaborative relationship and each student will be monitored throughout the school year (weekly assignments, progress reports, and report cards) to gauge the success of the center's tutoring program and to know what areas of concern each tutoring session needs to focus on. Computer based modules and one-on-one tutoring sessions using worksheets and books will be utilized. More specifically, the computer software program aleks will be used. Aleks stands for assessment and learning in knowledge spaces, which is an online program for math, science, reading, and behavioral science. The learning is personalized and the assessments are adaptive, allowing the aleks to deliver the exact content that the student needs. The aleks quickly assesses the student's knowledge of a course by using just 20 to 30 questions in most cases. The reason the aleks works so well in such a short period of time 45 minutes or so) is that it adapts to the student's responses. In other words, each question is based on the student's answers to all of the previous questions. Using this program allows tutors to establish a baseline and work in partnership with the students' teachers in building upon the skills they are learning in the classroom each day. The center would use the sra reading laboratory. A proven k-12 leveled reading program to help students and parents/guardians to promote reading and reading comprehension with their children. As one of the earliest personalized learning programs, sra reading laboratory has improved the reading and independent learning skills of more than 100 million students in 63 countries, becoming one of the most trusted names in literacy learning. With an easy-to-use box of self-guided and leveled selections for a given classroom, sra reading laboratory lets you develop confident readers through supplemental and personalized k-12 reading content that ensures each student is working at the appropriate level and moving ahead at his or her own pace. The program helps students: o develop comprehension, vocabulary, fluency, word analysis, and study skills o reinforce specific skills in which certain st

Financial Efficiency

• Mission deployment rate: 15%; rating input score 15
• Program expense ratio: 13.4%; rating input score 13
• 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: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -11.6%; rating input score 40; 40th percentile among comparable filings
• Total-asset coverage ratio: 20.15; rating input score 81; 81st percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

• Program expense growth: 24.2% per year; rating input score 100; 86th percentile among comparable filings
• Revenue growth: -48.9% per year; rating input score 0; 9th percentile among comparable filings
• Asset growth: 25.4% per year; rating input score 100; 92nd percentile among comparable filings