MEB ALLIANCE FOR EDUCATOR DIVERSITY INC

EIN: 814012999 501(c)(3) Education

PEACHTREE CITY, GA

Total Revenue
$7,783,974
Total Expenses
$7,761,664
Total Assets
$22,869,806
Net Assets
$22,341,336
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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
TX
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.

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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 (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

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Governance

Voting Members
6
Independent Members
6
Employees
30
Volunteers
8

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
5
$489,266
Total Directors
8
$0
Key Employees
1
$197,259
Highest Compensated
4
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
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