Mira Education

Nonprofit profile at a glance

EIN
043606319
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Chapel Hill, NC, USA
Phone
9199133000
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$1,358,783
Expenses
$1,268,465
Assets
$1,780,946
Liabilities
$51,414

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

Leadership & pay

14 people listed

Executive titles in this filing

  • ALESHA DAUGHTREY (PRESIDENT)
  • P ANN BYRD (PREVIOUS PRESIDENT)

Highest reported compensation

  • ALESHA DAUGHTREY (PRESIDENT): $199,770 total reported compensation
  • LORI NAZARENO (DESIGN LEAD): $132,832 total reported compensation
  • IESHA WILLIAMS (IMPEMENTATION LEAD): $115,937 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 support teams that build equitable improvement and sustainable innovation by connecting the people, practices, and potential within p20 public education systems.

What it reported doing in 2024

Personalizing professional learning: educators prefer to choose from individualized learning options that are as unique as themselves, their schools, and their students.k-12 public school systems spend $18 billion annually on professional development. But only 29% of teachers report high levels of engagement with that learning because it is often misaligned with what teachers and schools need. Not surprisingly, it doesn't always result in improved practice or increased student learning.personalized professional learning is designed to provide greater access to opportunities and resources for a more equitable and inclusive learning environment for students and educators who serve them. To meet the diverse learning needs of students, educators must have firsthand experience in learning that is personalized to their own diverse needs. Mira education's approach provides a learner-centered system for educators to align their unique professional learning needs with those of their schools, districts, and states.mira education has supported more than 200 teams to develop and use micro-credentials as a lever for personalized professional learning systems. In conjunction with the university of South Carolina, we launched an alternate certification program (carolinacap) utilizing micro-credentials to support preparation of a pipeline of 200+ diverse teachers in districts serving communities that are low-income, majority of color, and/or rural.

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 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 available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 74
  • Accountability: 89
  • Sustainability: 48
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.8%; rating input score 53
  • Program expense ratio: 56.2%; rating input score 56
  • Fundraising efficiency: $10.33 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.9%; rating input score 89; 22nd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 6.6%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 1.4; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 59; 59th percentile among comparable filings
  • Officer compensation ratio: 54.4%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -10.3% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -6.3% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -5.1% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 52.8% of revenue deployed · 56.2% of spending went to programs
  • Governance: 8 of 9 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $713K in reported program spending
  • Leadership: top reported pay $200K · 14 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 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.
  • 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: Mission deployment rate scored 53/100.
  • Review — Financial Efficiency: Program expense ratio scored 56/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Review — Sustainability: Liabilities to assets ratio scored 59/100.