This report provides an overview of Southern Regional Education Board (SREB) programs and services and how each member state participated in them from July 2012 through December 2013. The nation's first regional interstate compact for education, SREB is today the most comprehensive, bringing together states to enable them to achieve improvements--pre-K through Ph.D.--that would not be possible individually. SREB serves the full range of education policy leaders: governors, state legislators, executive and legislative staff, and K-12 and postsecondary agency officials, and some programs work directly with staff at the district, institution and school levels. Each SREB state receives a number of general services, plus access to targeted programs funded by grants, contracts and fees. Appropriations from each member state support SREB's core operations and general services. In addition, SREB leverages the long-standing commitment of member states to attract external funding--on average, 14 times its base funding. SREB states receive priority access to the array of targeted educational improvement efforts funded by grants from foundations and government agencies, as well as membership fees or contracts for specific services. SREB member states include: Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.