Overview
What is Massachusetts Business Alliance For Education Inc?
Massachusetts Business Alliance for Education Inc., situated in Boston, Massachusetts, is a dedicated nonprofit organization that has been advocating for education reform for over three decades. Committed to employers striving for high school graduates who are equipped for college, careers, and citizenship, MBAE is the sole business group focusing on education. Their mission revolves around promoting and supporting continuous improvement and innovation in schools to ensure every student receives a high-quality education. With an emphasis on systemic change that benefits all students, their current objectives include ensuring equitable and effective funding distribution and use, and ensuring new funding is utilized to improve student learning and close achievement gaps. MBAE, with a workforce of six individuals, is committed to excellence, opportunity, and innovation in the public education system, preparing all students to succeed in a global economy and society.
Official website here: www.mbae.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Massachusetts Business Alliance for Education (MBAE) has achieved an impressive 97% rating from Charity Navigator, indicating exceptional accountability and financial management. The organization excels in several areas, including maintaining 100% independent board members and a strong program expense ratio, which reflects its commitment to efficiently using resources for educational initiatives.
User feedback consistently highlights MBAE's pivotal role in advocating for educational reforms and policies that benefit students in Massachusetts. Reviewers describe the organization as a driving force for excellence in education, emphasizing its effective engagement with the business community to promote high standards and accountability. Many praise MBAE's long-standing reputation as a credible voice in education policy, with significant contributions to landmark reforms in the state.
While the feedback is overwhelmingly positive, some reviewers note that further work is required to ensure ongoing improvements in curriculum quality and equitable opportunities for all students. Nonetheless, the MBAE is recognized for its leadership and pragmatic approach to educational challenges, reaffirming its vital position in shaping Massachusetts' educational landscape.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Massachusetts Business Alliance For Education Inc legitimate?
Massachusetts Business Alliance For Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Business Alliance For Education Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $189,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $349,741
For more financial information, click here
Official website here: www.mbae.org
What is the mission statement of Massachusetts Business Alliance For Education Inc?
The Massachusetts Business Alliance for Education (MBAE) is dedicated to fostering continuous improvement and innovation in schools, ensuring every student receives a high-quality education. Their commitment extends to promoting excellence, opportunity, and innovation in the public education system, preparing students to thrive in a global economy and society. For over three decades, MBAE has advocated for the improvement of the Commonwealth's public schools on behalf of employers, focusing on systemic change that benefits all students. Their current objectives include ensuring equitable and effective distribution and utilization of education funding and using new funds to improve student learning and close achievement gaps.
Official website here: www.mbae.org
Who is the CEO of Massachusetts Business Alliance For Education Inc?
William Walczak is the Chairman/President of Massachusetts Business Alliance For Education Inc.
Official website here: www.mbae.org
What is the revenue of Massachusetts Business Alliance For Education Inc?
Massachusetts Business Alliance For Education Inc's revenue in 2023 was $480,904.
Official website here: www.mbae.org
Who are the executives of Massachusetts Business Alliance For Education Inc and what are their salaries?
The average compensation at Massachusetts Business Alliance For Education Inc during 2023 was $89,804. There are 6 employees and 28 volunteers at Massachusetts Business Alliance For Education Inc.
Here are 17 key members and their salaries:
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Official website here: www.mbae.org
Where can I find the form 990 for Massachusetts Business Alliance For Education Inc?
Massachusetts Business Alliance For Education Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mbae.org
Learn more at the official website: www.mbae.org
Mission Statement of Massachusetts Business Alliance For Education Inc
Massachusetts Business Alliance for Education, or MBAE, is dedicated to promoting and supporting continuous improvement and innovation in schools to ensure that every student receives a high-quality education. The organization is committed to excellence, opportunity, and innovation in the public education system, with the ultimate goal of preparing all students to engage successfully in a global economy and society.
MBAE has been advocating for education reform for over three decades, working on behalf of employers committed to ensuring that students graduate high school prepared for success in college, career, and citizenship. The alliance focuses on systemic change that is sustainable and beneficial to all students. Among their current objectives, MBAE aims to ensure equitable and effective distribution and use of funding for education and to make sure that new funding is utilized to improve student learning and close achievement gaps.
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Impact
July, 2024
The impact of Massachusetts Business Alliance For Education Inc is evident in its commitment to excellence, opportunity, and innovation in the public education system. For over 30 years, MBAE has tirelessly worked to improve the Commonwealth's public schools to ensure every student receives a high-quality education. By promoting and supporting continuous improvement and innovation in schools, MBAE strives to prepare all students to engage successfully in a global economy and society. Its emphasis on systemic change that is sustainable and benefits all students sets it apart as the only business group with a sole focus on education. This nonprofit's current objectives include ensuring equitable and effective distribution and use of funding for education, as well as making sure new funding is used to improve student learning and close achievement gaps. Through its mission and initiatives, Massachusetts Business Alliance For Education Inc plays a crucial role in driving positive change and advancement in the education sector.
This information is meant to be a general summary of Massachusetts Business Alliance For Education Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $10,754
- Gross Receipts: $480,904
Assets and Liabilities:
- Total Assets: $1,536,129
- Total Liabilities: $44,831
- Net Assets: $1,491,298
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Organization Details
Founding Year
1989
Phone
(617) 737-3122Principal Officer
William Walczak
Main Address
10 POST OFFICE SQUARE 800, BOSTON, MA, 02109
Website
www.mbae.orgNTEE Category
Code: B99 - Education
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