2024-11-07T08:04:21-06:00 2023-12-31 814643077 WEYRICH CRONIN & SORRA LLC 20 WIGHT AVENUE SUITE 210 HUNT VALLEY MD 21030 990 2023-01-01 521851611 MARYLAND BUSINESS ROUNDTABLE FOR EDUCATION INC MARY 4107880333 5520 RESEARCH PARK DRIVE 235 BALTIMORE MD 21228 SHARON SCHREIBER EXECUTIVE DIRECTOR 4107880333 2024-10-21 1 1 ANGELINE WHITE CPA CCA P00431590 4103396464 2024-10-21 2023 2024-10-15 13:58:12Z SHARON SCHREIBER 5520 RESEARCH PARK DRIVE 235 BALTIMORE MD 21228 1613988 0 X WWW.MBRT.ORG X 1992 MD TO BRING THE VOICE OF BUSINESS AN EMPLOYERS TO SUPPORT HIGH STANDARDS, RIGOROUS ASSESSMENTS, AND STRONG ACCOUNTABILITY IN K-12 EDUCATION AND TO DEMONSTRATE THE CONNECTION BETWEEN ACHIEVEMENT IN SCHOOL AND SUCCESS IN THE WORKPLACE, IN COLLEGE AND IN LIFE. 9 9 16 366 0 0 2810865 1613950 42399 0 -6496 -120 118 0 2846886 1613830 0 0 0 0 1556694 1344271 0 0 32468 1154132 497677 2710826 1841948 136060 -228118 1036858 306208 290221 64569 746637 241639 X TO BRING THE VOICE OF BUSINESS AN EMPLOYERS TO SUPPORT HIGH STANDARDS, RIGOROUS ASSESSMENTS, AND STRONG ACCOUNTABILITY IN K-12 EDUCATION AND TO DEMONSTRATE THE CONNECTION BETWEEN ACHIEVEMENT IN SCHOOL AND SUCCESS IN THE WORKPLACE, IN COLLEGE AND IN LIFE. 0 1 1448754 ACHIEVEMENT COUNTS, LAUNCHED IN 1999, MOTIVATES HIGH SCHOOL STUDENTS, PARTICULARLY LOW-INCOME AND MINORITY STUDENTS, TO ACHIEVE AT HIGHER LEVELS AND PREPARE THEMSELVES TO SUCCEED IN COLLEGE, THE WORKPLACE, AND IN LIFE. THROUGH COMPONENTS OF ACHIEVEMENT COUNTS - MARYLAND SCHOLARS, SPEAKERS BUREAU,AND BEWHATIWANTTOBE.COM. WE ARE REACHING TENS OF THOUSANDS OF STUDENTS AND EDUCATORS MULTIPLE TIMES THROUGHOUT MIDDLE AND HIGH SCHOOL TO HELP INFORM THEIR DECISIONS AND MOTIVATE THEM TO EXCEL IN SCHOOL AND IN LIFE. BY ENCOURAGING RIGOR, DEMONSTRATING RELEVANCE, BUILDING RELATIONSHIPS, AND PROVIDING INCENTIVES, ACHIEVEMENT COUNTS CREATES AN ENVIRONMENT WHERE STUDENTS UNDERSTAND AND APPRECIATE THE VALUE OF A GOOD EDUCATION AND ARE WILLING TO MAKE THE INVESTMENT IN THEIR OWN FUTURE. STUDENTS HAVE PARTICIPATED IN AND BENEFITED FROM THIS PROGRAM. 1448754 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X SHARON SCHREIBER 4107880333 5520 RESEARCH PARK DRIVE NO 235 BALTIMORE MD 21228 JAY PERMAN DIRECTOR 0.20 X 0 0 0 PHILLIP BARNETT DIRECTOR 0.20 X 0 0 0 REGINA SCHOFIELD DIRECTOR 0.20 X 0 0 0 DR SANDRA KURTINITIS DIRECTOR 0.20 X 0 0 0 RONALD R PETERSON DIRECTOR 0.20 X 0 0 0 CHRISTINE D ASPELL DIRECTOR 0.20 X 0 0 0 MARK CAYLOR DIRECTOR 0.20 X 0 0 0 MIKE CLOYD DIRECTOR 0.20 X 0 0 0 VERNON HURTE DIRECTOR 0.20 X 0 0 0 NONA CARROLL INTERIM CHIEF EXECUTIVE OFFICER 40.00 X 146353 0 6684 CHRISTOPHER THORN CHIEF TECH. & OPERATIONS O 40.00 X 154114 0 16157 NATALIE WILLIAMS SENIOR DIRECTOR OF COMMUNICATIONS & PUBLIC AFFAIRS 40.00 X 112723 0 17955 BRIAN DULAY FORMER EXECUTIVE DIRECTOR 40.00 X 155552 0 3295 568742 0 44091 4 1 1 0 0 196200 1269803 147947 1613950 38 38 158 -158 -158 -158 1613830 0 0 -120 X 456019 381919 63444 10656 717424 600848 99812 16764 23971 20076 3335 560 57089 47812 7943 1334 89768 75182 12489 2097 12530 125 12157 248 380029 270363 109666 4180 257 3860 63 15158 14633 514 11 35802 17923 17521 358 20926 17927 2939 60 10746 1529 9217 125 1 122 2 5576 56 5410 110 5642 56 5474 112 OTHER EXPENSES 3043 32 2948 63 DUES AND MEMBERSHIPS 2420 0 2420 0 FUNDRAISING 1500 15 1455 30 1841948 1448754 360726 32468 280526 187711 84710 27577 598713 70147 28776 16182 35482 33934 7282 1548 36851 3043 1036858 306208 267294 64569 22927 0 290221 64569 X 599216 173321 147421 68318 746637 241639 1036858 306208 X -228118 -276880 X X 0 1 X 1 0 X 2333983 2568757 3485522 2810865 1613950 12813077 2333983 2568757 3485522 2810865 1613950 12813077 93732 12719345 107 113 38 31 38 327 12813404 78856 0.99270 0.99410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17000 17000 17000 17000 17000 17000 17000 17000 17000 17000 0 0 35482 33934 1548 1548 1635960 22130 22130 1613830 0 1613830 1864078 22130 22130 1841948 0 1841948 PART V, LINE 4: THE ORGANIZATION'S BOARD OF DIRECTORS HAS ESTABLISHED AN EMERGENCY RESERVE FUND WHICH IS HELD IN CERTIFICATE OF DEPOSIT. X X 0 0 0 0 0 0 0 1 0 CHRISTOPHER THORN CHIEF TECH. & OPERATIONS O 154114 0 0 0 0 0 0 0 16157 0 170271 0 0 0 BRIAN DULAY FORMER EXECUTIVE DIRECTOR 155552 0 0 0 0 0 0 0 3295 0 158847 0 0 0 NONA CARROLL INTERIM CHIEF EXECUTIVE OFFICER 146353 0 0 0 0 0 0 0 6684 0 153037 0 0 0 FORM 990, PART III, LINE 3 MARYLAND BUSINESS ROUNDTABLE FOR EDUCATION, INC HAS CEASED 'READY AT FIVE' PROGRAM SINCE THE BEGINNING OF 2023 BECAUSE A NEW ORGANIZATION TOOK OVER THE OPERATION OF THE PROGRAM. NOW, 'READY AT FIVE PROGRAM' IS RUN BY THE NEW ORGANIZATION INDEPENDENTLY. FORM 990, PART VI, SECTION A, LINE 6 MBRT MEMBERS ARE CORPORATIONS/COMPANIES/EMPLOYERS WHO PAY DUES THAT SUPPORT THE MISSION AND OPERATING BUDGET OF THE MARYLAND BUSINESS ROUNDTABLE FOR EDUCTION. FORM 990, PART VI, SECTION A, LINE 7A MBRT MEMBERS ELECT THE BOARD OF DIRECTORS, WHICH MAKES ALL DECISIONS ON THEIR BEHALF. EACH YEAR, 10 DAYS PRIOR TO THE ANNUAL MEETING OF MEMBERS, NOTICE OF THE MEETING TIME, PLACE AND PURPOSE OF THE MEEING SHALL BE GIVEN TO MBRT MEMBERS BY THE SECRETARY IN WRITING BY MAIL, DELIVERY, FAX OR OTHER ELECTRONIC MEANS OF TRANSMITTING THE SAME AT LEAST (10) BUT NOT MORE THAN (90) DAYS BEFORE THE DATE OF THE MEETING. DURING THE BUSINESS SECTION OF THE ANNUAL MEETING, A VOTE IS TAKEN TO ELECT THE SLATE OF DIRECTORS, MBRT MEMBERS CAN NOMINATE CANIDATES FOR THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A THREE-MEMBER COMMITTEE OF THE BOARD HAS BEEN ESTABLISHED TO REVIEW AND PROVIDE INPUT TO STAFF ON THE FINAL DRAFT OF THE 990. WHEN THE FINAL DRAFT IS APPROVED FOR SUBMITTAL, AN ELECTRONIC VERSION OF THE 990 IS SENT TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY EACH YEAR AT THE SPRING BOARD MEETING AND DISCUSSION OF POSSIBLE/POTENTIAL CONFLICTS OF INTEREST IS INVITED. THROUGHOUT THE YEAR, STAFF CONSIDERS EVERY TRANSACTION'S POTENTIAL FOR CONFLICT OF INTEREST AN MAKES DECISIONS BASED ON THIS SCRUTINY. IN RARE CASES WHERE THE ORGANIZATION CONSIDERS DOING BUSINESS WITH AN ENTITY MANAGED OR OWNED BY A BOARD MEMBER, THE BOARD MEMBER RECUSES THEMSELVES FROM ANY DELIBERATIONS OR VOTES. FORM 990, PART VI, SECTION B, LINE 15 AFTER A REVIEW OF COMPENSATION DECISIONS/ADJUSTMENTS AT ORGANIZATIONS IN THE AREA, STAFF COMPENSATION - INCLUDING FOR EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES - IS SUGGESTED BY THE CHAIRMAN OF THE BOARD AND APPROVED BY THE BOARD OF DIRECTORS AS A PERCENTAGE INCREASE IN THE SALARY BUDGET OF THE ORGANIZATION. ANY SIGNIFICANT DEVIATION IN PERCENTAGE FOR AN INDIVIDUAL EMPLOYEE IS DISCUSSED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 270,363. MANAGEMENT AND GENERAL EXPENSES 109,666. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 380,029. FORM 990, PART XI, LINE 9: REDUCTION OF NET ASSETS DUE TO SEPERATION OF A PROGRAM SERVICE -276,880. FORM 990, PART XII, LINE 2C EXPLANATION THE PROCESS RELATED TO OVERSIGHT RESPONSIBILITY FOR THE ANNUAL FINANCIAL STATEMENT AUDIT HAS NOT CHANGED SINCE THE PRIOR YEAR.