MIDWIFERY EDUCATION ACCREDITATION COUNCIL INC

EIN: 850399645 501(c)(3) Housing & Shelter

MINNEAPOLIS, MN

Total Revenue
$546,273
Total Expenses
$425,950
Total Assets
$427,121
Net Assets
$415,143
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MI
Principal Officer
SHIRDELL MATTOX
Phone
3604662080
Tax Period
2023-07-01 to 2024-06-30

MIDWIFERY EDUCATION ACCREDITATION COUNCIL INC, founded in 1991, is a small nonprofit in the Housing & Shelter sector that reported $546K in total revenue in fiscal year 2023. Revenue surged 115% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 22% operating margin.

Mission

TO PROMOTE EXCELLENCE IN MIDWIFERY EDUCATION THROUGH ACCREDITATION OF MIDWIFERY EDUCATION PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $231,926 Revenue: $246,727

THE MIDWIFERY EDUCATION ACCREDITATION COUNCIL (MEAC) PROVIDES ACCREDITATION SERVICES FOR INSTITUTIONS AND PROGRAMS ENGAGED IN THE EDUCATION AND TRAINING OF MIDWIVES. THROUGH OUR RIGOROUS...

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THE MIDWIFERY EDUCATION ACCREDITATION COUNCIL (MEAC) PROVIDES ACCREDITATION SERVICES FOR INSTITUTIONS AND PROGRAMS ENGAGED IN THE EDUCATION AND TRAINING OF MIDWIVES. THROUGH OUR RIGOROUS ACCREDITATION PROCESS, MEAC ENSURES THAT MIDWIFERY EDUCATION PROGRAMS MEET HIGH-QUALITY STANDARDS AND COMPLY WITH ESTABLISHED BENCHMARKS SET FORTH BY THE USDE. OUR ACCREDITATION ACTIVITIES INCLUDED SCHEDULED REVIEWS AND EVALUATING PROSPECTIVE AND CURRENTLY ACCREDITED PROGRAMS AND INSTITUTIONS. MEAC MAINTAINS AND ENFORCES STANDARDS THROUGH TRAC REPORTS, MONITORING REPORTS, AND COMPLIANCE REPORTS ON STANDARDS AND BENCHMARKS WITH PERIODIC REVIEWS. MEAC CONDUCTS SITE VISITS TO VERIFY COMPLIANCE WITH ACCREDITATION STANDARDS AND BEST PRACTICES AS PART OF THE ACCREDITATION PROCESS. MEAC EXERCISED ITS AUTHORITY TO GRANT OR DENY PRE-ACCREDITATION OR RENEW SCHOOL ACCREDITATION THROUGH RIGOROUS EVALUATION. ADDITIONALLY, MEAC RECEIVED AND REVIEWED CONTINUING EDUCATION APPLICATIONS, SUPPORTING THE ONGOING PROFESSIONAL DEVELOPMENT OF MIDWIVES AND ENSURING THAT ACCREDITED PROGRAMS REMAIN ALIGNED WITH THE EVOLVING NEEDS OF THE MIDWIFERY PROFESSION. ACCREDITATION DECISIONS ARE MADE BY THE BOARD OF DIRECTORS, WHO MAKE UP THE INSTITUTIONAL REVIEW BOARD. MEAC'S BOARD OF DIRECTORS ALSO STRATEGICALLY GUIDES THE ORGANIZATION'S LONG-TERM VISION THROUGH STRATEGIC PLANNING AND GOOD GOVERNANCE PRACTICES. MEAC'S DAY-TO-DAY OPERATIONS AND STAFF ARE OVERSEEN BY ITS EXECUTIVE DIRECTOR.

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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 $295,729
Program Service Revenue $246,727
Investment Income $0
Other Revenue $3,817
TOTAL REVENUE $546,273

Expense Breakdown

Grants Paid $0
Salaries & Benefits $286,413
Fundraising Expenses $15,290
Program Expenses $231,926
Other Expenses $139,537
TOTAL EXPENSES $425,950

Year-over-Year Comparison

2023 2022 Change
Revenue $546,273 $253,749 +1.2%
Expenses $425,950 $337,768 +0.3%
Net Income $120,323 $-84,019 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
6
Volunteers
15

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
$81,244
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHIRDELL MATTOX EXECUTIVE DI 40.00
Officer
$81,244 $0 $81,244
ALECHIA ABIOYE MEMBER 1.00
Director
$0 $0 $0
SCOTTIE BUEHLER SECRETARY 1.00
Officer Director
$0 $0 $0
AIMEE EDEN MEMBER 1.00
Director
$0 $0 $0
KAREN EHRLICH VICE PRESIDE 1.00
Officer Director
$0 $0 $0
KIMBERLY GREEN MEMBER 1.00
Director
$0 $0 $0
DEV HONEY MEMBER 1.00
Director
$0 $0 $0
SARAH MCBRIDE TREASURER 1.00
Officer Director
$0 $0 $0
EDITH POMPOSO MEMBER 1.00
Director
$0 $0 $0
DEMETRIA SERIKI MEMBER 1.00
Director
$0 $0 $0
TANYA SMITH-JOHNSON PRESIDENT 1.00
Officer Director
$0 $0 $0
ANGELIQUE STEADMAN MEMBER 1.00
Director
$0 $0 $0
TRACIE L WASHINTON MEMBER 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
2024 $546,273 $425,950 $427,121 $120,323
2024 $307,222 $457,017 $277,392 $-149,795
2023 $253,749 $337,768 $310,501 $-84,019
2021 $266,591 $221,182 $323,454 $45,409
2020 $311,971 $278,462 $278,451 $33,509
2019 $281,251 $211,044 $243,314 $70,207
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