Triangle Coalition for Science and Technology Education

Nonprofit profile at a glance

EIN
521712885
IRS 990 coverage
2012–2014
Forms available
Form 990 2014
Location
Arlington, VA, USA
Phone
7035165960
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
General Science

Official website

Reported finances

Revenue
$2,286,456
Expenses
$2,329,484
Assets
$157,656
Liabilities
$154,227

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • MARY BURKE (PRESIDENT)
  • LARISA SCHELKIN (VICE PRESIDENT)
  • JESSICA BRIDGES (CEO)

Highest reported compensation

  • JESSICA BRIDGES (CEO): $154,069 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To bring together the voices of government, business, and education to improve the quality and outcome of science, technology, and engineering and mathematics (stem) education.

What it reported doing in 2014

Membership services - includes the weekly triangle coalition electronic bulletin (tceb) with the latest news in stem education, legislative updates, and important happenings in stem education policy. Other membership benefits include a registration discount to the triangle coalition's annual conference on stem education policy, a membership directory with key contacts at all of triangle coalition's member organizations, a profile page with a link to each member organization's website, and networking opportunites, including social media sites facebook and twitter.

Operating model

Revenue model
Grant-funded. 86% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 62% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 71
  • Accountability: 79
  • Sustainability: 18
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.8%; rating input score 95
  • Program expense ratio: 93%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 70th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th 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: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1.9%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 0.98; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 6.6%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: -16.2% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -9.5% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 20.8% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 94.8% of revenue deployed · 93% of spending went to programs
  • Governance: 24 of 24 board members independent · 4 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $154K · 25 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2012 to 2014
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.