MEB ALLIANCE FOR EDUCATOR DIVERSIT… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

DR CASSANDRA HERRING

Phone

8005190249

Tax Period

2023-07-01 to 2024-06-30

MEB ALLIANCE FOR EDUCATOR DIVERSITY INC, founded in 2016, is a community nonprofit in the Education sector that reported $7.8M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Net assets of $22.3M represent 34 months of operating reserves.

Mission

TO EMPOWER, CONNECT, AND ADVANCE A NATIONAL NETWORK OF MINORITY SERVING INSTITUTIONS TO IMPROVE PROGRAMMING AND DRIVE INNOVATION IN PREPARING HIGHLY-EFFECTIVE EDUCATORS WHO REFLECT AND CHAMPION THE DIVERSITY OF OUR NATION'S SCHOOL CHILDREN.

Program Service Accomplishments

Program 1

Expenses: $5,692,453 Revenue: $214,876

BRANCHED PROVIDES PRACTICAL TECHNICAL ASSISTANCE TO ADVANCE INSTITUTIONAL OUTCOMES, FOSTER STRATEGIC ALLIANCES TO SPUR COLLABORATION AND INNOVATION, AND AMPLIFY THE UNIQUE CONTRIBUTIONS OF MINORITY SERVING INSTITUTIONS IN PREPARING TEACHERS WHO WILL EDUCATE AMERICA'S CITIZENS. WE IDENTIFY AND SUPPORT WHAT IS WORKING WELL AND STRENGTHEN PROGRAM WEAKNESSES TO DRIVE CONTINUOUS QUALITY IMPROVEMENT AND ENSURE PROGRAM SUSTAINABILITY. WE FACILITATE IN-PERSON AND VIRTUAL OPPORTUNITIES TO ENSURE THAT MSI EDUCATOR PREPARATION PROGRAMS MEANINGFULLY ENGAGE WITH AND LEARN FROM BOTH EACH OTHER AND FROM KEY PARTNERS, SUCH AS K-12 INSTITUTIONS AND COMMUNITY ORGANIZATIONS. WE BUILD AWARENESS ABOUT THE CRITICAL ROLE MSIS PLAY IN PREPARING HIGHLY EFFECTIVE DIVERSE TEACHERS, AND WE SEEK TO AMPLIFY THE COLLECTIVE EXPERTISE OF MSIS AS A MEANS FOR ADVANCING THE FIELD OF EDUCATOR PREPARATION.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,941,280

Program Service Revenue $214,876

Investment Income $627,818

Other Revenue $0

TOTAL REVENUE $7,783,974

Expense Breakdown

Grants Paid $1,128,537

Salaries & Benefits $3,618,853

Fundraising Expenses $332,249

Program Expenses $5,692,453

Other Expenses $3,014,274

TOTAL EXPENSES $7,761,664

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,783,974	$6,545,310	+0.2%
Expenses	$7,761,664	$6,572,189	+0.2%
Net Income	$22,310	$-26,879	-1.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$489,266

Total Directors

Key Employees

$197,259

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR CASSANDRA HERRING	PRESIDENT & CEO	40.00	Officer	$267,041	$42,842	$309,883
DR PATRICIA MCHATTON	CHIEF PROGRAM OFFICER	40.00	Key Emp	$177,948	$19,311	$197,259
EDIE MORRIS	CONTROLLER (THRU AUG 2023)	40.00	Officer	$161,620	$17,763	$179,383
DR LUZLEMA CANALES	CHIEF OF STAFF	40.00	Highest	$154,853	$23,104	$177,957
DR KATHERINE ZIMMER	DIRECTOR OF BIRCH	40.00	Highest	$122,000	$14,311	$136,311
DR SEDEF SMITH THRU MAY 2024	DIRECTOR OF EPP TRANSF. SERVICES	40.00	Highest	$121,897	$16,237	$138,134
AMY MURILLO	DIRECTOR OF EPP TRANSF. SERVICES	40.00	Highest	$103,770	$26,674	$130,444
DR FRANK GETTRIDGE	CHAIRPERSON OF THE BOARD	1.00	Officer Director	$0	$0	$0
JIM LARIMORE	VICE CHAIRPERSON OF THE BOARD	1.00	Officer Director	$0	$0	$0
ALLANA JACKSON THRU JUNE 2024	SECRETARY OF THE BOARD	1.00	Officer Director	$0	$0	$0
DR JOHN LUCZAK	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHRYN SCHOTTHOEFER	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER SHULMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
VICKI PHILLIPS	BOARD MEMBER	1.00	Director	$0	$0	$0
DR CURTIS MARTIN	BOARD MEMBER (THRU JAN 2024)	1.00	Director	$0	$0	$0

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	No data	No data	No data	No data
2024	$7,783,974	$7,761,664	$22,869,806	$22,310
2023	$6,545,310	$6,572,189	$22,716,191	$-26,879
2022	$21,147,131	$6,386,066	$22,314,291	$14,761,065
2021	$5,854,098	$3,685,530	$7,858,233	$2,168,568
2021	$5,854,098	$3,685,530	$7,858,233	$2,168,568
2020	$3,968,522	$2,819,655	$5,633,692	$1,148,867
2020	$3,968,522	$2,819,655	$5,633,692	$1,148,867
2019	$5,709,795	$1,956,180	$4,409,088	$3,753,615

MEB ALLIANCE FOR EDUCATOR DIVERSITY INC