2020-01-30T09:39:01-06:00 2019-09-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-10-01 133850158 TNTP INC TNTP 7182332800 500 7TH AVENUE NEW YORK NY 10018 TONYA HORTON EXECUTIVE VICE PRESIDENT 7182332800 2020-01-28 1 GARRETT M HIGGINS P00543209 2122862600 2020-01-29 65.51.112.58 2020-01-30 09:38:56 ES P 94BB9B83F9DF7557C6D777327BB7019619370BD2 9616F4B14A694591D1E716C270910E6FA5556DA3 2018 2020-09-23 17:36:50Z THE NEW TEACHER PROJECT INC TONYA HORTON 500 7TH AVENUE NEW YORK NY 10018 56256606 0 X WWW.TNTP.ORG X 1995 DE TNTP'S MISSION IS TO END THE INJUSTICE OF EDUCATIONAL INEQUALITY. SEE PART III FOR FULL MISSION. 9 8 800 7 0 0 30013118 26371815 28119364 29649855 221900 234936 672 0 58355054 56256606 0 150000 0 0 46862124 45560166 0 0 770325 14787749 14969384 61649873 60679550 -3294819 -4422944 35391903 27009301 7590550 3682647 27801353 23326654 TNTP'S MISSION IS TO END THE INJUSTICE OF EDUCATIONAL INEQUALITY BY PROVIDING EXCELLENT TEACHERS TO THE STUDENTS WHO NEED THEM MOST AND BY ADVANCING POLICIES AND PRACTICES THAT ENSURE EFFECTIVE TEACHING IN EVERY CLASSROOM. 0 0 47216369 29649855 CLIENT SERVICES: TNTP WORKS AT EVERY LEVEL OF THE PUBLIC EDUCATION SYSTEM TO ATTRACT AND TRAIN TALENTED TEACHERS AND SCHOOL LEADERS, ENSURE RIGOROUS AND ENGAGING CLASSROOMS, AND CREATE ENVIRONMENTS THAT PRIORITIZE GREAT TEACHING AND ACCELERATE STUDENT LEARNING. SEE SCHEDULE O FOR FURTHER DETAIL ON TNTP'S FISCAL YEAR 2019 PROGRAM SERVICE ACCOMPLISHMENTS. 2207989 150000 RESEARCH, POLICY AND ADVOCACYTNTP'S PUBLICATIONS SHARE WHAT WE ARE LEARNING IN SCHOOLS AND DISTRICTS NATIONWIDE. AS WE WORK ALONGSIDE TEACHERS AND LEADERS EACH DAY, WE IDENTIFY COMMON CHALLENGES, SEEK OUT TRENDS AND SHARE PROMISING SOLUTIONS. SEE SCHEDULE O FOR FURTHER DETAILS ON TNTP'S FISCAL YEAR 2019 PROGRAM SERVICE ACCOMPLISHMENTS. 49424358 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 182 0 800 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA VA WA WV WI WY X X X X LEAH HOLCZER 7182332800 500 7TH AVENUE NEW YORK NY 10018 LUIS AVILA BOARD CHAIR/DIRECTOR 1.00 X X 0 0 0 CHRIS BIERLY DIRECTOR 1.00 X 0 0 0 TINA FERNANDEZ DIRECTOR 1.00 X 0 0 0 MATT GLICKMAN DIRECTOR 1.00 X 0 0 0 DAVID Y HOWE DIRECTOR 1.00 X 0 0 0 PAUL PASTOREK DIRECTOR 1.00 X 0 0 0 DELIA POMPA DIRECTOR 1.00 X 0 0 0 JENNIFER TUHY DIRECTOR 1.00 X 0 0 0 LILLIAN LOWERY DIRECTOR 1.00 X 0 0 0 DANIEL WEISBERG CHIEF EXECUTIVE OFFICER 50.00 X X 305347 0 43432 TEQUILLA BANKS EVP, CLIENT TEAM 50.00 X 236971 0 27632 CRYSTAL HARMON REICHMAN EVP, CLIENT TEAM 50.00 X 232083 0 41015 TONYA HORTON EVP, TALENT AND CULTURE 50.00 X 210184 0 13413 AMANDA KOCON EVP, STRATEGIC GROWTH 50.00 X 258442 0 33578 DAVID MCKINNEY EVP, PUBLIC AFFAIRS 50.00 X 224736 0 23853 ELIZABETH SCHAFFER CFO 50.00 X 240898 0 21652 VICTORIA VAN CLEEF VICE PRESIDENT 50.00 X 225581 0 13252 RASHEED MEADOWS VICE PRESIDENT 50.00 X 233935 0 11981 ZAITRARRIO COLLIER VICE PRESIDENT 50.00 X 214868 0 31095 EMMA CARTWRIGHT VICE PRESIDENT 50.00 X 206090 0 8458 KARLA OAKLEY PARTNER 50.00 X 205339 0 16503 2794474 0 285864 122 0 1 0 COLLABORATIVE SOLUTIONS LLC 11190 SUNRISE VALLEY DRIVE RESTON VA 20191 ERP IMPLEMENTATION CONSULTANTS 1050570 RAND CORPORATION 1776 MAIN STREET PO BOX 2138 SANTA MONICA CA 90401 EDUCATIONAL CONSULTING 831698 CRICKET DESIGN 1925 MONROE ST NO 3 MADISON WI 53711 GRAPHIC DESIGN 327739 EDUCATIONAL ANALYTICS 110 E MAIN STREET 10TH FLOOR MADISON WI 53703 EDUCATIONAL CONSULTING 265000 UNCOMMON SCHOOLS 10 WASHINGTON PLACE NEW YORK NY 12180 EDUCATIONAL CONSULTING 165545 12 14814624 11557191 26371815 CLIENT SERVICES 900099 29649855 29649855 29649855 234936 234936 56256606 29649855 0 234936 150000 150000 1759029 938988 733952 86089 35089936 28826278 5791283 472375 1485948 1190178 274391 21379 4481753 3740442 679510 61801 2743500 2188714 510473 44313 79311 16666 62415 230 72485 72485 4285271 3629272 643452 12547 363586 319330 44256 1207434 994509 196687 16238 667407 284399 375195 7813 320225 263305 53416 3504 4239586 3896551 322468 20567 1296658 1060711 224487 11460 805741 644551 156385 4805 216585 216585 TEACHER STIPENDS 879404 879404 MISCELLANEOUS 392571 264650 120717 7204 BAD DEBT EXPENSE 94120 94120 PUBLICATIONS 49000 42290 6710 60679550 49424358 10484867 770325 4334262 1893035 605276 696406 8894060 7316611 6800054 7473798 350847 445759 10735460 7721525 1925940 3013935 12336330 6095557 145134 74200 35391903 27009301 7194874 3426268 395676 256379 7590550 3682647 X 18354373 17386924 9446980 5939730 27801353 23326654 35391903 27009301 X -4422944 2689 -54444 X 0 1 X 1 1 1 X 20191540 48765365 16621011 30013118 26371815 141962849 20191540 48765365 16621011 30013118 26371815 141962849 43524296 98438553 84463 160891 186270 221900 234940 888464 142851313 0.68910 0.55030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53930 53930 0 10681530 7667595 3013935 3013935 X 58686182 2689 2426887 2429576 56256606 0 56256606 63160881 2426887 54444 2481331 60679550 0 60679550 PART X, LINE 2: TNTP RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT TNTP HAD NO UNCERTAIN TAX POSITION THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. TNTP IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO SEPTEMBER 30, 2016. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS 54,444. 1 LITTLE LIGHTS URBAN MINISTRIES 760 7TH AVENUE SE WASHINGTON DC 20003 522125232 501(C)(3) 28500 COMMUNITY ENGAGEMENT GENERAL OPERATING DELTA CIRCLES INC 10739 PAUL EELS DRIVE NORTH LITTLE ROCK AR 72113 455135281 501(C)(3) 26850 COMMUNITY ENGAGEMENT GENERAL OPERATING THE BLACK SWAN ACADEMY 5024 2ND ST NW APT 2 WASHINGTON DC 20011 464244374 501(C)(3) 23574 COMMUNITY ENGAGEMENT GENERAL OPERATING SA CHRISTIAN HOPE RESOURCE CENTER PO BOX 780904 SAN ANTONIO TX 78278 742989365 501(C)(3) 22136 COMMUNITY ENGAGEMENT GENERAL OPERATING BOYS GIRLS ADULTS COMMUNITY DEVELOPMENT CENTER INC PO BOX 1356 MARVELL AR 72365 710540330 501(C)(3) 21076 COMMUNITY ENGAGEMENT GENERAL OPERATING IMMSCHOOLS 10419 TOLLOW WAY HELOTES TX 78023 823350805 501(C)(3) 14400 COMMUNITY ENGAGEMENT GENERAL OPERATING URBAN FAITH MISSION 12503 VALLE DEZAVALA SAN ANTONIO TX 78249 812177407 501(C)(3) 7920 COMMUNITY ENGAGEMENT GENERAL OPERATING YOUTH TRANSITIONING INTO ADULTHOOD (YTIA) PO BOX 769712 SAN ANTONIO TX 78245 271102682 501(C)(3) 5544 COMMUNITY ENGAGEMENT GENERAL OPERATING 8 8 PART I, LINE 2: WHEN FUNDS ARE GRANTED BY TNTP FOR A SPECIFIC PROJECT, THERE IS A GRANT AGREEMENT WHICH DETAILS SPENDING RESTRICTIONS AND REPORTING REQUIREMENTS. AS PART OF THE GRANT-MAKING PROCESS, THE TAX STATUS AND THE PUBLIC CHARITY CLASSIFCATION ARE VERIFIED. X X X X X 0 0 0 0 0 0 0 1 0 DANIEL WEISBERG CHIEF EXECUTIVE OFFICER 264247 0 41100 0 0 0 12250 0 31182 0 348779 0 0 0 TEQUILLA BANKS EVP, CLIENT TEAM 206071 0 30900 0 0 0 3299 0 24333 0 264603 0 0 0 CRYSTAL HARMON REICHMAN EVP, CLIENT TEAM 200783 0 31300 0 0 0 9250 0 31765 0 273098 0 0 0 TONYA HORTON EVP, TALENT AND CULTURE 179884 0 30300 0 0 0 2701 0 10712 0 223597 0 0 0 AMANDA KOCON EVP, STRATEGIC GROWTH 224642 0 33800 0 0 0 9250 0 24328 0 292020 0 0 0 DAVID MCKINNEY EVP, PUBLIC AFFAIRS 199736 0 25000 0 0 0 2907 0 20946 0 248589 0 0 0 ELIZABETH SCHAFFER CFO 206498 0 34400 0 0 0 9475 0 12177 0 262550 0 0 0 VICTORIA VAN CLEEF VICE PRESIDENT 196881 0 28700 0 0 0 12250 0 1002 0 238833 0 0 0 RASHEED MEADOWS VICE PRESIDENT 203535 0 30400 0 0 0 9080 0 2901 0 245916 0 0 0 ZAITRARRIO COLLIER VICE PRESIDENT 182568 0 32300 0 0 0 6566 0 24529 0 245963 0 0 0 EMMA CARTWRIGHT VICE PRESIDENT 182990 0 23100 0 0 0 7370 0 1088 0 214548 0 0 0 KARLA OAKLEY PARTNER 181739 0 23600 0 0 0 6996 0 9507 0 221842 0 0 0 PART I, LINE 7 AT TNTP, BONUSES ARE CONTINGENT UPON THE FINANCIAL HEALTH OF THE ORGANIZATION, AND INDIVIDUAL'S AND RELEVANT CONTRACT/TEAM'S PERFORMANCE, AND AT THE SOLE DISCRETION OF THE CEO, WITH INPUT FROM THE EXECUTIVE TEAM. WHILE BONUSES ARE NEVER GUARANTEED, ALL SALARIED, PART/FULL TIME STAFF ARE ELIGIBLE TO BE CONSIDERED FOR A PERFORMANCE-BASED BONUS, PROVIDED THEY HAVE BEEN EMPLOYED BY TNTP FOR AT LEAST SIX MONTHS PRIOR TO THE END OF THE FISCAL YEAR. ADDITIONALLY, THE STAFF MEMBERS ARE REQUIRED TO BE WORKING AT TNTP AT THE TIME OF THE BONUS AWARDS. LINES 4A-4D FY 2019 ACCOMPLISHMENTS DURING FISCAL YEAR 2019, TNTP CONTINUED WORKING TOWARD THE GOALS IN OUR FY18-19 STRATEGIC PLAN: EXPANDING ACCESS TO TEACHER AND SCHOOL LEADER TALENT, DEEPENING OUR EXPERTISE IN ACADEMICS, AND BUILDING SUPPORTIVE ENVIRONMENTS FOR LASTING EDUCATIONAL CHANGE. OUR 117 ENGAGEMENTS THIS YEAR ALONE REACHED MORE THAN 2.7 MILLION STUDENTS IN 80 SCHOOL DISTRICTS ACROSS 11 STATES. WE ALSO CONTINUED TO SHARE THE FINDINGS OF OUR LATEST MAJOR RESEARCH STUDY, THE OPPORTUNITY MYTH, TO HELP INSPIRE A NEW FOCUS IN THE EDUCATION COMMUNITY AROUND GIVING STUDENTS THE CRITICAL CLASSROOM-LEVEL RESOURCES THEY NEED TO REACH THEIR GOALS AFTER GRADUATION: GRADE-APPROPRIATE ASSIGNMENTS, STRONG INSTRUCTION, DEEP ENGAGEMENT, AND HIGH EXPECTATIONS. SINCE ITS RELEASE IN SEPTEMBER 2018, THE REPORT HAS REACHED MORE THAN 93,000 PEOPLE-AND MORE THAN 40 PROMINENT EDUCATION LEADERS AND ORGANIZATIONS HAVE PLEDGED TO ADVANCE THE REPORT'S RECOMMENDATIONS. INSPIRED BY THE REPORT, MANY DISTRICTS ACROSS THE COUNTRY HAVE ALREADY TAKEN CONCRETE STEPS TO CLOSE THE "OPPORTUNITY GAP" IN THEIR SCHOOLS. EXPANDING ACCESS TO TALENT THIS YEAR, WE CONTINUED OUR FOCUS ON RECRUITING AND TRAINING EFFECTIVE, DIVERSE TEACHERS AND SCHOOL LEADERS ACROSS TALENT ENGAGEMENTS IN 20 SITES. WE TRAINED MORE THAN 600 PROMISING TEACHER CANDIDATES THROUGH OUR TEACHING FELLOWS AND SUPPORTING EFFECTIVE EDUCATOR DEVELOPMENT (SEED) CERTIFICATION PROGRAMS, MORE THAN HALF OF WHOM IDENTIFY AS PEOPLE OF COLOR. WE ALSO TRAINED 65 ASPIRING PRINCIPALS THROUGH OUR PATHWAY TO LEADERSHIP IN URBAN SCHOOLS (PLUS) PROGRAMS, MORE THAN 55 PERCENT OF WHOM IDENTIFY AS PEOPLE OF COLOR. WE ALSO HELPED SCHOOL SYSTEMS ACROSS THE COUNTRY DEVELOP SYSTEMS AND STRATEGIES TO RECRUIT, HIRE, AND RETAIN EFFECTIVE TEACHERS. DEEPENING ACADEMIC EXPERTISE THIS YEAR, WE PARTNERED WITH NINE SITES-REACHING APPROXIMATELY 680,000 STUDENTS-ON THE SELECTION AND IMPLEMENTATION OF HIGH-QUALITY, STANDARDS-ALIGNED INSTRUCTIONAL MATERIALS. WE PARTNERED WITH 26 SITES-REACHING APPROXIMATELY 206,000 STUDENTS-TO STRENGTHEN THE INSTRUCTION THAT ACCOMPANIES STANDARDS-ALIGNED MATERIALS. WE REACHED APPROXIMATELY 360,000 STUDENTS ACROSS 26 SITES THROUGH OUR ACADEMICS ENGAGEMENTS THIS YEAR. ALL THE SITES WE WORKED WITH TO SELECT MATERIALS ARE MEETING THEIR GOALS, INCREASING STUDENTS' ACCESS TO RIGOROUS CONTENT. AND WE'RE CONTINUING TO SEE IMPROVEMENTS IN THE QUALITY OF TEACHERS' INSTRUCTION ACROSS OUR PARTNERSHIPS AS WE WORK TO ENSURE THAT STUDENTS ARE DOING MORE OF THE THINKING DURING LESSONS. WE HAVE ALSO CONTINUED TO EXPAND OUR ENGLISH LANGUAGE LEARNER (ELL) SUPPORT SERVICES. THIS YEAR, WE HAD THREE ACTIVE ENGAGEMENTS FOCUSED ON IMPROVING ACADEMIC SUPPORTS FOR ELL STUDENTS. BUILDING SUPPORTIVE ENVIRONMENTS SINCE DEVELOPING OUR COMMUNITY ENGAGEMENT SERVICES IN 2016, WE HAVE PROVIDED ADVISORY SUPPORT TO MORE THAN 20 SCHOOL SYSTEMS, CONDUCTED A PILOT PROJECT TO DEVELOP A NATIONAL MODEL FOR IDENTIFYING GRASSROOTS COMMUNITY PARTNERS FOR EFFORTS TO STRENGTHEN SCHOOLS, AND DEVELOPED PARTNERSHIP AGREEMENTS 20 LOCAL AND NATIONAL ORGANIZATIONS. THIS YEAR, WE REVISED OUR FAMILY AND COMMUNITY ENGAGEMENT TEACHER TRAINING SERIES TO REFLECT THE LATEST LESSONS FROM OUR COMMUNITY ENGAGEMENT WORK IN THE FIELD. WE ALSO PARTICIPATED IN 13 PARTNERSHIPS WITH COMMUNITY ORGANIZATIONS TO ENLIST STUDENTS, TEACHERS, FAMILIES, AND OTHER STAKEHOLDERS IN ADDRESSING THE FINDINGS OF THE OPPORTUNITY MYTH IN THEIR SCHOOLS, AND CREATED COMMUNITY-FACING VERSIONS OF OUR ASSESSMENT TOOLS TO EVALUATE THE QUALITY OF MATH AND ELA MATERIALS. WE CONTINUED OUR WORK TO SPOTLIGHT AND ADVOCATE FOR POLICIES THAT ADDRESS URGENT CHALLENGES FACING SCHOOL SYSTEMS ACROSS THE COUNTRY, PARTICULARLY AROUND STRENGTHENING EDUCATOR TALENT PIPELINES. FROM RESEARCHING THE MOST IMPORTANT STATE-LEVEL TEACHER POLICY LEVERS, TO COLLABORATING WITH PARTNER ORGANIZATIONS ON IMPROVED CERTIFICATION RULES IN INDIVIDUAL STATES, WE STRIVE TO USE OUR VOICE AND EXPERIENCE TO REPLACE THE BARRIERS THAT KEEP TOO MANY TALENTED PEOPLE OUT OF THE TEACHING PROFESSION WITH POLICIES AND PRACTICES THAT PROMOTE EDUCATOR EFFECTIVENESS AND DIVERSITY. WE HAVE ALSO CONTINUED TO SUPPORT THE IMPLEMENTATION OF TURNAROUND AND ACADEMIC PRACTICES THAT SUPPORT SCHOOL IMPROVEMENT EFFORTS IN SEVERAL STATES, WHILE AIDING IN THE IMPLEMENTATION OF NEW, INNOVATIVE SCHOOL MODELS. FORM 990, PART VI, SECTION B, LINE 11B TNTP'S FORM 990 IS PREPARED BY THE ORGANIZATION'S CONTROLLER AND REVIEWED INTERNALLY BY THE EXECUTIVE VICE PRESIDENT OF CENTRAL OPERATIONS. THE DRAFT FORM 990 IS THEN REVIEWED EXTERNALLY BY AN INDEPENDENT PAID TAX PREPARER. ANY REVISIONS ARE PRESENTED TO THE ORGANIZATION, AND ONCE REVISED, THE FINAL DRAFT FORM 990 IS REVIEWED AND APPROVED THE ORGANIZATION'S AUDIT COMMITTEE. ONCE APPROVED BY THE AUDIT COMMITTEE, COPIES OF THE COMPLETED FORM 990 ARE PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BOARD PRIOR TO SUBMISSION AND FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C TNTP ASKS ITS DIRECTORS, OFFICERS AND COMMITTEE MEMBERS AND KEY EMPLOYEES TO REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. TNTP'S FINANCE AND LEGAL DEPARTMENTS FOLLOW UP TO RESOLVE ANY DISCLOSED CONFLICTS. IF A CONFLICT IS IDENTIFIED, THE INTERESTED INDIVIDUAL MAY NOT VOTE ON THE RELATED MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF ALL OFFICERS. FOR ALL POSITIONS, TNTP'S PEOPLE OPERATIONS TEAM PERFORMS REGULAR MARKET ANALYSIS USING COMPARABILITY DATA FROM INDUSTRY SURVEYS, DOCUMENTED COMPENSATION OF PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS, AND/OR INDEPENDENT COMPENSATION STUDIES. THE MARKET ANALYSIS IS SHARED WITH THE EXECUTIVE COMMITTEE OF THE BOARD, AND IS CONSIDERED IN THE RECOMMENDATION OF COMPENSATION CHANGES FOR THE ORGANIZATION'S OFFICERS. A COMPENSATION REVIEW WAS LAST CONDUCTED IN FISCAL YEAR 2019. FORM 990, PART VI, SECTION C, LINE 19 TNTP MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON ITS WEBSITE. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG. IN ADDITION, THE FORM 990, AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON WRITTEN REQUEST TO 500 7TH AVENUE, NEW YORK, NY 10018 OR BY CALLING THE ORGANIZATION DIRECTLY AT 718-233-2800. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF FIXED ASSETS -54,444.