Leadership Montgomery Educational Foundation Inc
Nonprofit profile at a glance
- EIN
- 521627257
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Rockville, MD, USA
- Phone
- 3018813333
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Leadership Development
Reported finances
- Revenue
- $1,137,839
- Expenses
- $1,490,792
- Assets
- $1,910,455
- Liabilities
- $903,984
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- DANA PAULEY (PRESIDENT & CEO, EX-OFFICI)
Highest reported compensation
- DANA PAULEY (PRESIDENT & CEO, EX-OFFICI): $183,113 total reported compensation
- SARAH BURNETT (SENIOR DIRECTOR): $106,557 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To connect and prepare leaders to build thriving and inclusive workplaces and communities.
What it reported doing in 2024
Special programs - lm's real inclusion program examines the systemic beliefs, practices, and policies that have perpetuated racial inequities and situates that analysis within the context of organizational leadership. This program is designed to provide organizations the awareness, skills and structures needed to identify and implement practices that lead to racially equitable outcomes. Lm's corporate volunteer council program (cvc) connects businesses and professionals to structured volunteer and community engagement opportunities in montgomery county. The cvc program provides companies and their employees with information and guidance as well as manages service opportunities across the county. The cvc serves businesses of all sizes that want to engage their employees in structured volunteer and community engagement opportunities.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 83
- Accountability: 100
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 72.8%; rating input score 73
- Fundraising efficiency: $4.55 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- 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: 98.9%; rating input score 99; 48th 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: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -31%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 1.28; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 19.4%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 72.8% of spending went to programs
- Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
- Programs: 5 filed program accomplishments · $1.1M in reported program spending
- Leadership: top reported pay $183K · 15 people listed · 3 of 6 pay-setting controls reported
- Consistency: 35 of 35 current checks pass
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 15/100.
- High — Sustainability: Operating margin scored 6/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.