BOARD OF CONTROL FOR SOUTHERN REGIONAL EDUCATION

EIN: 580566141 501(c)(3) Education

ATLANTA, GA

Total Revenue
$22,060,698
Total Expenses
$22,722,790
Total Assets
$39,272,178
Net Assets
$29,555,448
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
GA
Principal Officer
STEPHEN PRUITT
Phone
4048759211
Tax Period
2024-07-01 to 2025-06-30

BOARD OF CONTROL FOR SOUTHERN REGIONAL EDUCATION, founded in 1948, is a mid-sized nonprofit in the Education sector that reported $22.1M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

THE BOARD OF CONTROL FOR SOUTHERN REGIONAL EDUCATION (SREB) SHALL BE DEVOTED TO THE TASK OF ASSISTING STATES, INSTITUTIONS AND AGENCIES CONCERNED WITH HIGHER EDUCATION IN THEIR EFFORTS TO ADVANCE KNOWLEDGE AND TO IMPROVE THE SOCIAL AND ECONOMIC LEVEL OF THE SOUTHERN REGION. IN AIDING SUCH STATES, INSTITUTIONS AND AGENCIES, THE BOARD SHALL EXPLORE FULLY, RECOMMEND WHERE DESIRABLE, AND DEVELOP WHERE NEEDED, INTERSTATE COLLABORATION IN THE SUPPORT, EXPANSION OR ESTABLISHMENT OF REGIONAL SERVICES OR SCHOOLS FOR GRADUATE, PROFESSIONAL AND TECHNICAL EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,904,726
Program Service Revenue $14,657,788
Investment Income $1,492,228
Other Revenue $5,956
TOTAL REVENUE $22,060,698

Expense Breakdown

Grants Paid $221,779
Salaries & Benefits $14,004,062
Fundraising Expenses $0
Program Expenses $17,308,458
Other Expenses $8,496,949
TOTAL EXPENSES $22,722,790

Year-over-Year Comparison

2024 2023 Change
Revenue $22,060,698 $26,285,290 -0.2%
Expenses $22,722,790 $25,596,827 -0.1%
Net Income $-662,092 $688,463 -2.0%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
79
Independent Members
79
Employees
134
Volunteers
79

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$1,472,750
Total Directors
79
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN KEMP BOARD CHAIR 0.38
Officer Director
$0 $0 $0
FELICIA CUMINGS SMITH VICE CHAIR 0.38
Officer Director
$0 $0 $0
MARK WHITE TREASURER 0.38
Officer Director
$0 $0 $0
ADAM PUGH BOARD MEMBER 0.38
Director
$0 $0 $0
ALAN BAKER BOARD MEMBER 0.38
Director
$0 $0 $0
ALEX RIZO BOARD MEMBER 0.38
Director
$0 $0 $0
ANDREW BELCHER BOARD MEMBER 0.38
Director
$0 $0 $0
ANDY BESHEAR BOARD MEMBER 0.38
Director
$0 $0 $0
ARTHUR KEISER BOARD MEMBER 0.38
Director
$0 $0 $0
BILL GOSSAGE BOARD MEMBER 0.38
Director
$0 $0 $0
BILL LEE BOARD MEMBER 0.38
Director
$0 $0 $0
BILLY HICKMAN BOARD MEMBER 0.38
Director
$0 $0 $0
BRAD BUCKLEY BOARD MEMBER 0.38
Director
$0 $0 $0
BRUCE COZART BOARD MEMBER 0.38
Director
$0 $0 $0
CARRIE COYNER BOARD MEMBER 0.38
Director
$0 $0 $0
CHAD CALDWELL BOARD MEMBER 0.38
Director
$0 $0 $0
KEITH SINOR BOARD MEMBER 0.38
Director
$0 $0 $0
CHRISTINE KUSHNER BOARD MEMBER 0.38
Director
$0 $0 $0
DAVID P SOKOLA BOARD MEMBER 0.38
Director
$0 $0 $0
DEBBIE CRANE ALISEDA BOARD MEMBER 0.38
Director
$0 $0 $0
DENNIS DEBAR BOARD MEMBER 0.38
Director
$0 $0 $0
DIANE ZOOK BOARD MEMBER 0.38
Director
$0 $0 $0
EDDIE SMITH BOARD MEMBER 0.38
Director
$0 $0 $0
EILEEN BEAZLEY BOARD MEMBER 0.38
Director
$0 $0 $0
ELLEN WEAVER BOARD MEMBER 0.38
Director
$0 $0 $0
ERIC MACKEY BOARD MEMBER 0.38
Director
$0 $0 $0
G DEVIN STEPHENSON BOARD MEMBER 0.38
Director
$0 $0 $0
GAIL H BATES BOARD MEMBER 0.38
Director
$0 $0 $0
GLADYS A ROBINSON BOARD MEMBER 0.38
Director
$0 $0 $0
GLENN YOUNGKIN BOARD MEMBER 0.38
Director
$0 $0 $0
GRAIG R MEYER BOARD MEMBER 0.38
Director
$0 $0 $0
GREG ABBOTT BOARD MEMBER 0.38
Director
$0 $0 $0
GREG DOZIER BOARD MEMBER 0.38
Director
$0 $0 $0
HARRISON KELLER BOARD MEMBER 0.38
Director
$0 $0 $0
HENRY MCMASTER BOARD MEMBER 0.38
Director
$0 $0 $0
HOLLY SPIVEY BOARD MEMBER 0.38
Director
$0 $0 $0
JAMES D FIELDER BOARD MEMBER 0.38
Director
$0 $0 $0
JASON HUGHES BOARD MEMBER 0.38
Director
$0 $0 $0
JAVAID SIDDIQI BOARD MEMBER 0.38
Director
$0 $0 $0
JAY PERMAN BOARD MEMBER 0.38
Director
$0 $0 $0
JEFF LANDRY BOARD MEMBER 0.38
Director
$0 $0 $0
JEFF MCCORD BOARD MEMBER 0.38
Director
$0 $0 $0
JENNIFER MONIES BOARD MEMBER 0.38
Director
$0 $0 $0
JENNIFER NICHOLS BOARD MEMBER 0.38
Director
$0 $0 $0
PATRICK MORRISEY BOARD MEMBER 0.38
Director
$0 $0 $0
MATT MEYER BOARD MEMBER 0.38
Director
$0 $0 $0
JOHN D JACK BAILEY BOARD MEMBER 0.38
Director
$0 $0 $0
KAY IVEY BOARD MEMBER 0.38
Director
$0 $0 $0
GRACE CREASEY BOARD MEMBER 0.38
Director
$0 $0 $0
KEVIN STITT BOARD MEMBER 0.38
Director
$0 $0 $0
KIM HUNTER REED BOARD MEMBER 0.38
Director
$0 $0 $0
KIMBERLY WILLIAMS BOARD MEMBER 0.38
Director
$0 $0 $0
MARK DIXON BOARD MEMBER 0.38
Director
$0 $0 $0
MATT ARTHUR BOARD MEMBER 0.38
Director
$0 $0 $0
MATT DUBNIK BOARD MEMBER 0.38
Director
$0 $0 $0
MEGAN CROMBIE BOARD MEMBER 0.38
Director
$0 $0 $0
MELANIE BARTON BOARD MEMBER 0.38
Director
$0 $0 $0
MIKE MORATH BOARD MEMBER 0.38
Director
$0 $0 $0
MONTY SULLIVAN BOARD MEMBER 0.38
Director
$0 $0 $0
NIKKI G SETZLER BOARD MEMBER 0.38
Director
$0 $0 $0
PAUL HARDESTY BOARD MEMBER 0.38
Director
$0 $0 $0
PRESTON CADE BRUMLEY BOARD MEMBER 0.38
Director
$0 $0 $0
RANDY DOWELL BOARD MEMBER 0.38
Director
$0 $0 $0
RICHARD BENNETT BOARD MEMBER 0.38
Director
$0 $0 $0
RITA ALLISON BOARD MEMBER 0.38
Director
$0 $0 $0
ROBERT H PLYMALE BOARD MEMBER 0.38
Director
$0 $0 $0
ROBERT W RESCIGNO BOARD MEMBER 0.38
Director
$0 $0 $0
ROMAN W PREZIOSO JR BOARD MEMBER 0.38
Director
$0 $0 $0
RON DESANTIS BOARD MEMBER 0.38
Director
$0 $0 $0
JOSH STEIN BOARD MEMBER 0.38
Director
$0 $0 $0
ERIKA HANCOCK BOARD MEMBER 0.38
Director
$0 $0 $0
SARAH ARMSTRONG TUCKER BOARD MEMBER 0.38
Director
$0 $0 $0
SARAH HUCKABEE SANDERS BOARD MEMBER 0.38
Director
$0 $0 $0
SHIRLEY PRINCE BOARD MEMBER 0.38
Director
$0 $0 $0
TATE REEVES BOARD MEMBER 0.38
Director
$0 $0 $0
TERESA INMAN BOARD MEMBER 0.38
Director
$0 $0 $0
TERRI COLLINS BOARD MEMBER 0.38
Director
$0 $0 $0
TINA BOJANOWSKI BOARD MEMBER 0.38
Director
$0 $0 $0
WES MOORE BOARD MEMBER 0.38
Director
$0 $0 $0
STEPHEN L PRUITT PRESIDENT 36.25
Officer
$350,030 $34,141 $384,171
HARRY D WINKLER SENIOR VICE PRESIDENT 36.25
Officer
$202,432 $26,950 $229,382
LEE POSEY VP-STATE STRATEGIES 36.25
Officer
$156,103 $28,032 $184,135
BETH DAY VP-COMMUNICATIONS 36.25
Officer
$155,936 $22,047 $177,983
BARBARA CHANNELL CONSULTANT 36.25
Officer
$97,636 $18,117 $115,753
LAUREN BAUS HR DIRECTOR 36.25
Officer
$134,663 $27,089 $161,752
KATIE HARRIS CFO (AS OF 05/24) 36.25
Officer
$62,405 $9,806 $72,211
HARRIETTE SCOTT VP-PE (AS OF 01/24) 36.25
Officer
$132,707 $14,656 $147,363
STEVE K BROOME DIRECTOR, SCHOOL IMPROVEMENT 36.25
Highest
$189,006 $25,840 $214,846
DAN MOLLETTE CHIEF DEVELOPMENT OFFICER 36.25
Highest
$153,139 $15,520 $168,659
IVY COBURN DIVISION DIRECTOR 36.25
Highest
$152,010 $15,913 $167,923
AMIEE WYATT UNIT DIRECTOR 36.25
Highest
$150,951 $15,312 $166,263
MARY ALLYSON MORGAN DIRECTOR, STATE & DISTRICT 36.25
Highest
$148,445 $15,074 $163,519
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $22,060,698 $22,722,790 $39,272,178 $-662,092
2024 $26,285,290 $25,596,827 $40,252,982 $688,463
2023 $22,379,323 $21,331,030 $37,998,981 $1,048,293
2022 $19,223,997 $18,460,024 $37,266,722 $763,973
2021 $18,333,581 $16,468,261 $37,016,900 $1,865,320
2020 $17,756,840 $19,987,669 $36,783,041 $-2,230,829
2019 $24,852,865 $24,302,105 $36,893,306 $550,760
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