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Education : Adult Education Programs and Services (Grantmaking)

The National GEM Consortium

Providing graduate fellowships in engineering and science

three stars

88.86

1430 Duke Street Alexandria, VA 22314
tel: (703) 562-3646   Web Site
EIN: 31-0898802

Board Leadership
Michael A. Greene
President

CEO
Brennon Marcano
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 88.86 three stars
  Financial 84.25 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

The mission of The National GEM Consortium is to enhance the value of the nation's human capital by increasing the participation of underrepresented groups (African Americans, American Indians, and Hispanic Americans) at the master's and doctoral levels in engineering and science. We are a unique and powerful connection to a national network of universities and employers. This partnership promotes the participation of underrepresented groups in post-graduate science and engineering education and the technical workforce. The employees shaping our nation's ability to remain a global leader in innovation and economic prosperity must fully utilize the talents of all Americans and reflect the country's changing demographics.

The mission of The National GEM Consortium is to enhance the value of the nation's human capital by increasing the participation of underrepresented groups (African Americans, American Indians, and Hispanic Americans) at the master's and doctoral levels in engineering and science. We are a unique and powerful connection to a national network of universities and employers. This partnership promotes the participation of underrepresented groups in post-graduate science and engineering education and the technical workforce. The employees shaping our nation's ability to remain a global leader in innovation and economic prosperity must fully utilize the talents of all Americans and reflect the country's changing demographics.

Impact Information

This charity has reported a measure of cost-effectiveness: how much impact (per dollar) your donation will have on the charity's social outcome. The cost-effectiveness calculation was performed using protocols developed by ImpactMatters, an independent auditor of philanthropic impact.

For nonprofits that run multiple programs, we highlight the impact of one program below.  Learn More about Impact Information.
Program Name: National Consortium For Graduate Dgrs Minorities In Engineering
Program Activities
National Consortium For Graduate Dgrs Minorities In Engineering grants scholarships to beneficiaries.
Impact Statement
$39,000 increases income for a scholarship recipient by $45,000.
Impact Assessment
4/5
Assessment Benchmark
Impact assessments of postsecondary scholarship programs are based on income generated relative to cost. Programs receive a 5/5 assessment if they increase income for a recipient by more than $1.50 for every $1 spent and a 4/5 assessment if income increases by more than $0.85 for every $1 spent. If a nonprofit reports impact but doesn't meet the threshold for cost-effectiveness, it earns a 3/5 assessment.
Methodology
ImpactMatters analyzed publicly available data to rate the cost-effectiveness of National Consortium For Graduate Dgrs Minorities In Engineering.
Data Source
Output data collected during the program. National Consortium For Graduate Dgrs Minorities In Engineering publicly reports data on the dollar value of all scholarships it grants and the number of scholarship recipients, which we use to calculate the additional income that the nonprofit's scholarship program generates.
Method for Attributing Outcomes
We estimate the increase in income caused by a nonprofit's scholarship program in two steps. First, we compare the estimated postsecondary graduation rate of its scholars to that of comparable students who did not receive a scholarship (the “counterfactual”). Our estimates are drawn from rigorous social science studies of similar scholarship programs. The result is the number of scholars whose graduation was caused by the nonprofit. Second, we compare the earnings of graduates to non-graduates based on publicly available census data, matching on student demographic characteristics. We apply the earnings boost owing to a degree to those scholars whose graduation was caused by the nonprofit. Both steps are necessary to properly net out counterfactual successes from observed successes. Otherwise, we would be attributing changes (increase in graduation rate and increase in earnings) to the nonprofit when they would have happened anyway. Few nonprofits estimate the counterfactual themselves, so we construct our own counterfactual estimate based on research and publicly available data.
Details
Analysis conducted by ImpactMatters and published on November 22, 2019.
This impact information is current as of June 2020, when it was provided to us by ImpactMatters. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

84.25

Accountability & Transparency

four stars

100.00

This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.5%
  Administrative Expenses 13.6%
  Fundraising Expenses 6.7%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 1.41
  Program Expenses Growth 1.3%
  Liabilities to Assets 21.3%
All data for Financial Performance Metrics calculations was provided by The National GEM Consortium on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The National GEM Consortium on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The National GEM Consortium (VA) 88.86 three stars
ProLiteracy (NY) 89.28 three stars
Mercy Learning Center of Bridgeport (CT) 96.96 four stars
American Friends of Nishmat (NY) 88.93 three stars
Literacy Assistance Center (NY) 86.84 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,160,727
   Federated Campaigns $0
   Membership Dues $373,350
   Fundraising Events $0
   Related Organizations $0
   Government Grants $20,000
Total Contributions $2,554,077
   Program Service Revenue $453,966
Total Primary Revenue $3,008,043
   Other Revenue $165,036
TOTAL REVENUE $3,173,079
   
EXPENSES  
   Program Expenses $2,395,808
   Administrative Expenses $569,163
   Fundraising Expenses $228,155
TOTAL FUNCTIONAL EXPENSES $3,193,126
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-20,047
   
Net Assets $4,436,874

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Fellowships and Internships $2,395,808 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 09/03/2019 88.86 three stars
2017-06 09/01/2018 91.09 four stars
2016-06 12/22/2017 90.58 four stars
2015-06 11/01/2016 87.56 three stars
2014-06 06/01/2016 83.35 three stars
 
CN 2.0
2014-06 12/22/2015 83.63 three stars
2013-06 12/01/2014 77.01 two stars
2012-06 05/01/2014 74.01 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 31-0898802
Name in IRS Master File NATIONAL CONSORTIUM FOR GRADUATE DGRS MINORITIES IN ENGINEERING
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (40) Scholarships (other)
(43) Other student aid
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Central - the organization is a central type organization (no group exemption) of a National, Regional or Geographic grouping of organizations.
Group Name [Not Applicable]
Ruling Date February, 1977
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$242,398 7.59% Brennon Marcano Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The National GEM Consortium (VA) 88.86 three stars
American Friends of Nishmat (NY) 88.93 three stars
Literacy Partners (NY) 86.01 three stars
Literacy Assistance Center (NY) 86.84 three stars
Society for Classical Studies (NY) 91.62 four stars

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This charity has an official representative registered with Charity Navigator.

Official Charity Response

Note L in our Annual Audit explains the increase in deferred revenue. This restatement masked our actual ~40% growth.
 
Note L - Prior Period Statement: The 2017 financial statements have been restated to recognize deferred fellowship contributions from employers received in prior years. The restatement increased deferred revenue at June 30, 2017 and net assets at the beginning of year ending June 30, 2017 $704,853.

Charity Contact Info

The National GEM Consortium
1430 Duke Street
Alexandria, VA 22314
tel: (703) 562-3646
fax: (202) 207-3518
EIN: 31-0898802

Visit Web Site

Board Leadership

Michael A. Greene
President

CEO

Brennon Marcano
Chief Executive Officer

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