Midwifery Education Accreditation Council Inc

Nonprofit profile at a glance

EIN
850399645
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Minneapolis, MN, USA
Phone
3604662080
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing, Shelter N.E.C.

Official website

Reported finances

Revenue
$307,222
Expenses
$457,017
Assets
$277,392
Liabilities
$12,044

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

Leadership & pay

10 people listed

Executive titles in this filing

  • Tanya Smith-Johnson (President)
  • Sarah McBride (Vice President)
  • Shirdell Mattox (Executive Director)

Highest reported compensation

  • Shirdell Mattox (Executive Director): $117,783 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 promote excellence in midwifery education through accreditation of midwifery education programs.

What it reported doing in 2024

See Schedule OThe Midwifery Education Accreditation Council (MEAC) provides accreditation services for institutions and programs engaged in the education and training of midwives. Through our rigorous accreditation process, MEAC ensures that midwifery education programs meet high-quality standards and comply with established benchmarks set forth by the USDE. Our accreditation activities activities included scheduled reviews and evaluating prospective and currently accredited programs and institutions. MEAC maintains and enforces standards through TRAC reports, monitoring reports, and compliance reports on standards and benchmarks with periodic reviews. MEAC conducts site visits to verify compliance with accreditation standards and best practices as part of the accreditation process.MEAC exercised its authority to grant or deny pre-accreditation or renew school accreditation through rigorous evaluation. Additionally, MEAC received and reviewed continuing education applications, supporting the ongoing professional development of midwives and ensuring that accredited programs remain aligned with the evolving needs of midwifery profession.Accreditation decisions are made by the board of directors, who make up the Institutional Review Board. MEAC's board of directors also strategically guides the organization's long-term vision through strategic planning and good governance practices. MEAC's day-to-day operations and staff are overseen by its Executive Director.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 16
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.7%; rating input score 69
  • Program expense ratio: 46.2%; rating input score 46
  • Fundraising efficiency: $0.25 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: -48.8%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.61; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 25.8%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 4.8% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 5.3% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 11.5% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 68.7% of revenue deployed · 46.2% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $211K in reported program spending
  • Leadership: top reported pay $118K · 10 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 46/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.