Online Learning Consortium Inc
Nonprofit profile at a glance
- EIN
- 261970287
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Boston, MA, USA
- Phone
- 6177161414
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $5,951,961
- Expenses
- $5,686,433
- Assets
- $1,059,551
- Liabilities
- $1,465,365
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- Jennifer Mathes (Chief Executive Officer)
- Patsy Moskal (Director - President)
- Paige McDonald (Director - Vice President)
Highest reported compensation
- Jennifer Mathes (Chief Executive Officer): $306,805 total reported compensation
- Jennifer Brown (Chief Financial Officer): $155,288 total reported compensation
- Brenda Weiss-Pesta (Asst. VP of Member & Sponsorship): $136,260 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 assist educators and organizations with integrating and improving the quality of digital and online education by improving the quality, scale, and breadth of online education via providing resources, professional development, best-practice publications, quality benchmarking, practitioner-based and empirical research and expert guidance.
What it reported doing in 2024
Provide educators and organizations with professional development opportunities, best practices, and resources on how to implement digital and online learning programs, as well as review the quality of their existing programs and provide advice on how to improve the quality. Perform research and issue publications about best practices, trends, and topics as it relates to the implementation and improvement of online and digital learning.
Operating model
- Revenue model
- Other-operating. 93% of the money available for current operations came from other operating 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 - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 61
- Accountability: 95
- Sustainability: 27
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.9%; rating input score 79
- Program expense ratio: 82.5%; rating input score 83
- Fundraising efficiency: $3.24 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: 4.5%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 1.38; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 15.4%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: -8.3% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 78.9% of revenue deployed · 82.5% of spending went to programs
- Governance: 16 of 16 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $4.7M in reported program spending
- Leadership: top reported pay $307K · 22 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $455K reported
- Consistency: 44 of 44 current checks pass
- Schedules: 5 filed schedules · includes foreign activity and executive pay
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 10 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 18/100.