NonprofitsMassachusetts Business Alliance For Education Inc

Education

Massachusetts Business Alliance For Education Inc

BOSTON, MA

Total revenue

$1.2M

Total expenses

$1.0M

Net assets

$1.6M

Grants received

$2.2M

27 grants

EIN

043274599

Tax year

2023

Mission

Promote & support continuous improvement & innovation in schools to ensure every student receives a high quality education.

Programs

2 programs

College/career readiness - mbae promotes an increased focus on our k-12 education system in ensuring graduating students have the skills, exposure and credentials necessary for college and career success. Mbae's current work is focused on closing the digital equity gap by addressing disparities in access to technology and expanding access to instruction in computer science. This is critical to ensuring all students are prepared for opportunities in our technology centric, knowledge based economy. Mbae is leading the charge to increase the number of underserved students attaining the experience and credentials they need to secure jobs in related fields. Another priority is expanding opportunities for students to earn industry recognized credentials that are tied to the labor market demand.

Expenses: $334KGrants: $82K

Affiliate network & coalition - in 2014, mbae released a groundbreaking assessment of the state's education system. The new opportunity to lead: a vision for education in massachusetts for the next 20 years. This report sounded the alarm that persistent education achievement gaps and growing workforce skills gaps threaten the long term economic well-being of the commonwealth. The report laid out a comprehensive plan for transforming districts and schools, serving as a blueprint for mbae's work. Mbae is committed to bringing about these evidence based changes to drive improvements in educational achievement and equity.

Expenses: $239K

Financials

FY 2023

Revenue

Contributions & grants$1.2M
Program service revenue
Investment income$22K
Other revenue
Total revenue$1.2M

Expenses

Grants paid$82K
Salaries & benefits$721K
Fundraising$93K
Other expenses$220K
Total expenses$1.0M
Total assets$1.7M
Net assets$1.6M

People

17 listed

NameRoleCompensation

EDWARD M LAMBERT JR

EXECUTIVE DIRECTOR

Board

$207K

40 hrs/wk

NICK CHRIST

TREASURER

Board

3 hrs/wk

HENRY C DINGER ESQ

CLERK

Board

3 hrs/wk

TRICIA CANAVAN

DIRECTOR

Board

3 hrs/wk

JD CHESLOFF

DIRECTOR

Board

3 hrs/wk

CHRISTOPHER J DELOREY

DIRECTOR

Board

3 hrs/wk

EMERSON FOSTER

DIRECTOR

Board

3 hrs/wk

DAVID R GAGNON

DIRECTOR

Board

3 hrs/wk

WILLIAM WALCZAK

CHAIRMAN/PRESIDENT

Board

3 hrs/wk

DOUG HOWGATE

DIRECTOR

Board

3 hrs/wk

ALICIA MATTHEWS

DIRECTOR

Board

3 hrs/wk

PETER NESSEN

DIRECTOR

Board

3 hrs/wk

EILEEN RUDDEN

DIRECTOR

Board

3 hrs/wk

BROOKE THOMSON

DIRECTOR

Board

3 hrs/wk

WILLIAM TRIANT

DIRECTOR

Board

3 hrs/wk

AXEL VIGO

DIRECTOR

Board

3 hrs/wk

NICOLE GLAZER MD

DIRECTOR

Board

3 hrs/wk

Grants received

Showing 27 of 27

FromAmountPurposeYear
$475K
To provide support for expanding student access.
2023
$50K
Education
2023
$28K
Operating Support/Annual Fund
2023
$7K
For grant recipient's exempt purposes
2023
$525K
To Build support for expanding student access.
2022
$15K
Operating Support/Annual Fund
2022
$50K
Education
2021
$44K
Operating Support/Annual Fund
2021
$5K
GENERAL PURPOSE
2021
$300K
Advancing Opportunity Pathways and Protecting Accountability in Massachusetts
2020
$133K
Building Organizational Strength/Setting a New Bar for High School Graduation/Workforce Development and Credentials
2020
$50K
Education
2020
$39K
Operating Support/Annual Fund
2020
$10K
GENERAL PURPOSE
2020
$500
MATCHING GIFTS
2020
$45K
Operating Support/Annual Fund
2019
$10K
COMMUNITY BENEFIT PROGRAM
2019
$10K
Operating Support
2017
$2K
Education
2017

Funded by

$2.2M from 9 funders · 27 grants · 2017–2023

Walton Family Foundation Inc

$1.4M · 4 grants · 2020–2023

Richard & Susan Smith Family Foundation

$350K · 4 grants · 2020–2023

Boston Foundation Inc

$332K · 10 grants · 2017–2023

Bristol County Savings Charitable

$30K · 3 grants · 2020–2022

Longfield Family Foundation Inc

$15K · 2 grants · 2020–2021

Mass General Brigham Incorporated

$10K · 1 grant · 2019

Massachusetts Higher Education

$10K · 1 grant · 2022

Details

EIN043274599
NTEE codeB99
Subsection03
Ruling date1995-09
Formed1989
Employees7
Volunteers27
MASSACHUSETTS BUSINESS ALLIANCE FOR EDUCATION INC — Mission, Financials & Grants Received | Grantivo