Transform Mid-atlantic Inc

Nonprofit profile at a glance

EIN
264076820
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Frederick, MD, USA
Phone
3019220658
Rating
82
Verdict
STRONG
Rating confidence
Standard
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$695,808
Expenses
$809,186
Assets
$1,494,876
Liabilities
$90,178

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Dr Heidi Anderson (President, University of Maryland Eastern Shore)
  • Dr Colleen Parry Keith (President, Goldey-Beacom College)
  • Dr David Jones (President, Allegany College of Maryland)
  • Dr Debra McCurdy (President, Baltimore City Community College)
  • Dr Michael Davis (President, Fairmont State University)
  • Dr Darlene Brannigan Smith (President, Frostburg State University)

Highest reported compensation

  • Ms Madeline Yates (Executive Director): $161,289 total reported compensation

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

Overview

Mission

Transform Mid-Atlantic mobilizes the collective commitment of and capacity of higher education to actively advance our communities through civic and community engagement throughout the Maryland, DC and Delaware region. TMA serves its member institutions through networking, grants, resources and programs with the goal of developing deeper campus-community partnerships which improve community life.

What it reported doing in 2024

PROVIDING RESOURCES, RECOGNITION, VISIBILITY, and NATIONAL PARTNERSHIPS: TMA annually awards up to $100,000 in grants to campuses, individuals, and partnerships within its membership including: Faculty Development Mini-Grants, MLK and 9/11 Day of Service Grants funded by AmeriCorps, and other Mini-Grants. These funding opportunities are used by a diverse array of community-engaged practitioners, faculty, and other stakeholders to create innovative new programs, community-based courses, and collaborative intercampus partnerships. Annually, TMA honors the inspiring contributions and work of an outstanding group of faculty, administrators, students, and partnerships within its membership through the TMA AWARDS PROGRAM. Since 2009, hundreds of community-engaged individuals and leaders impact across the region has been recognized! Through partnerships with national and regional organizations including The Alliance for Campus Community Engagement (ACCE), the Coalition for Service-Learning, The Facing Project, Fulbright, Carnegie, All In, MSCHE, and others TMA offers a bevy of additional funding and resource-based offerings to its members, as well as opportunities to highlight and share the powerful impact of civic and community engagement programs through advocacy and storytelling projects. TMA offers socially responsible corporations partnership opportunities to engage in civic and community development impact with our higher education and community partners.

Operating model

Revenue model
Other-operating. 65% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 90% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 79
  • Accountability: 95
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.4%; rating input score 87
  • Program expense ratio: 74.2%; rating input score 74
  • Fundraising efficiency: $46.64 raised per $1 spent on fundraising; rating input score 77; 77th 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: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • 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: 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: Pass
    • 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: Fail

Sustainability

  • Operating margin: -16.3%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 1.85; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 19.9%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 15.2% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 37th percentile among comparable filings
  • Asset growth: 1.5% per year; rating input score 100; 23rd percentile among comparable filings

Details

  • Where the money goes: 87.4% of revenue deployed · 74.2% of spending went to programs
  • Governance: 8 of 8 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $601K in reported program spending
  • Leadership: top reported pay $161K · 9 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors and executive pay
  • Filing history: 5 filing years from 2020 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.

  • High — Sustainability: Operating margin scored 11/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.