Meb Alliance for Educator Diversity Inc

Nonprofit profile at a glance

EIN
814012999
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Peachtree City, GA, USA
Phone
8005190249
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Reported finances

Revenue
$10,377,246
Expenses
$8,975,769
Assets
$24,708,449
Liabilities
$292,471

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • JIM LARIMORE (VICE PRESIDENT)
  • DR CASSANDRA HERRING (PRESIDENT & CEO)

Highest reported compensation

  • DR CASSANDRA HERRING (PRESIDENT & CEO): $341,772 total reported compensation
  • DR PATRICIA MCHATTON (CHIEF PROGRAM OFFICER): $204,631 total reported compensation
  • DR LUZLEMA CANALES (CHIEF OF STAFF): $184,362 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Branched strengthens, grows, and amplifies the impact of educator preparation programs by improving programming, deepening partnerships and coalitions, and driving innovation to maximize the effectiveness of educators and the achievement of the learners they serve.

What it reported doing in 2024

Branched provides practical technical assistance to advance collaboration and innovation, and amplifies the unique contributions of local educational ecosystems in preparing teachers who will educate america's citizens. We identify and support what is working well and strengthen program weaknesses to drive continuous quality improvement and ensure program sustainability. We facilitate in-person and virtual opportunities to ensure that educator preparation programs meaningfully engage with and learn from both each other and from key partners, such as k-12 institutions and community organizations.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 54% for direct work, and 46% for grants.

The verdict

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 75
  • Accountability: 91
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.4%; rating input score 63
  • Program expense ratio: 70.8%; rating input score 71
  • Fundraising efficiency: $21.2 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd 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; 66th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: 13.5%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 2.75; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 14.1%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 24.8% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 17.1% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 30.2% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 63.4% of revenue deployed · 70.8% of spending went to programs
  • Governance: 7 of 7 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6.4M in reported program spending
  • Leadership: top reported pay $342K · 16 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $515K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 22 filed money-flow records
  • Related organizations: 15 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 58/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 10/100.