Microsociety Inc

What it reported doing in 2024

Professional services major updates were made to our existing curriculum, including refreshes of our business venture guidebooks and digital versions of key microadventures lessons for inclusion in microsociety 2.0. New materials introduced this year include a teacher facilitator manual and stock market curriculum. All curriculum and instructional resources align with standards and connect to the increasingly complex real world of the microsociety learning environment. To meet the needs of students and educators in this ever-changing educational landscape, msi continues developing two digital tools: 1) microsociety? 2.0, a customizable web portal that utilizes google technologies and a digital financial system that uses custom software for piloting schools to take their microsocieties online, accelerate financial literacy and other career skills development, and expose students to 21st- century digital careers, and 2) 4th terra? , a 3d online simulation "game as service" to support subject matter instruction, particularly stem, along with critical thinking, decision-making and communication skills. In particular, the simulation facilitates students' ability to think deeply from multi-perspectives which is assessed through six metrics. With the support of ag strategic design, our digital platform underwent a significant makeover to reflect our new branding. We introduced microsociety career tools, including the futurefinder engine, which allows students to explore career possibilities based on their interests. We also launched pilots of microsociety 2.0 and 4th terra at a microsociety school in New Jersey. Msi's new heart and heartcorps curricula are being disseminated to sites around the country. This curriculum was created in response to the pandemic-era social, emotional, and health needs of students. In addition, msi created a new "firm foundation" sequence, culminating in a citizenship contract, for the start of the school year, and we also rolled out a new "plan/act/reflect" framework to better shape the microtime schedule and prepared our certified consultants to bring it to schools.

Financial Efficiency

• Mission deployment rate: 56.1%; rating input score 56
• Program expense ratio: 78.9%; rating input score 79
• Fundraising efficiency: $13.73 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings

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: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 28.9%; rating input score 84; 84th percentile among comparable filings
• Total-asset coverage ratio: 0.57; rating input score 27; 27th percentile among comparable filings
• Liabilities to assets ratio: 0.56; rating input score 14; 14th percentile among comparable filings
• Officer compensation ratio: 8.2%; rating input score 43; 43rd percentile among comparable filings

Growth

• Program expense growth: 3.6% per year; rating input score 100; 35th percentile among comparable filings
• Revenue growth: 2.6% per year; rating input score 100; 28th percentile among comparable filings
• Asset growth: 1.3% per year; rating input score 100; 22nd percentile among comparable filings