TEACH FOR AMERICA INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- TEACH FOR AMERICA INC (EIN 13-3541913)
- Tax period
- 2015-06-01 to 2016-05-31
- Filed
- 2017-04-13
- IRS object ID
- 201721039349301112
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-04-13T15:02:19-05:00 | ReturnTs |
| Tax Period End | 2016-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MAMARONECK AVENUE | AddressLine1Txt |
| City | HARRISON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105281633 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133541913 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEACH FOR AMERICA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEAC | BusinessNameControlTxt |
| Phone | 2122792080 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 BROADWAY 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSHUA GRIGGS | PersonNm |
| Person Title | EVP/CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 2122792080 | PhoneNum |
| Signature | 2017-04-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 9143818900 | PhoneNum |
| Preparation | 2017-04-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELISA VILLANUEVA BEARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 BROADWAY 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $368,878,076 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TEACHFORAMERICA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1989 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | OUR MISSION IS TO ENLIST, DEVELOP, AND MOBILIZE AS MANY AS POSSIBLE OF OUR NATION'S MOST PROMISING FUTURE LEADERS TO GROW AND STRENGTHEN THE MOVEMENT FOR EDUCATIONAL EQUITY AND EXCELLENCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 7062 | TotalEmployeeCnt |
| Total Volunteers | 42174 | TotalVolunteersCnt |
| Total Gross UBI | $108,644 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$5,260 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $263,854,521 | PYContributionsGrantsAmt |
| CY Contributions Grants | $271,486,327 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $32,144,856 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $28,530,983 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,697,648 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,366,969 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$257,220 | PYOtherRevenueAmt |
| CY Other Revenue | -$225,630 | CYOtherRevenueAmt |
| PY Total Revenue | $300,439,805 | PYTotalRevenueAmt |
| CY Total Revenue | $303,158,649 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $17,244,357 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $17,803,677 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $243,204,521 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $209,848,692 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $27,830,505 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $115,093,830 | PYOtherExpensesAmt |
| CY Other Expenses | $100,509,180 | CYOtherExpensesAmt |
| PY Total Expenses | $375,542,708 | PYTotalExpensesAmt |
| CY Total Expenses | $328,161,549 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$75,102,903 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$25,002,900 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $444,449,299 | TotalAssetsBOYAmt |
| Total Assets EOY | $402,838,394 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $67,704,722 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $59,676,300 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $376,744,577 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $343,162,094 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | OUR MISSION IS TO ENLIST, DEVELOP, AND MOBILIZE AS MANY AS POSSIBLE OF OUR NATION'S MOST PROMISING FUTURE LEADERS TO GROW AND STRENGTHEN THE MOVEMENT FOR EDUCATIONAL EQUITY AND EXCELLENCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $123,392,666 | ExpenseAmt |
| Grant | $2,021,435 | GrantAmt |
| Desc | PLACEMENT, PROFESSIONAL DEVELOPMENT, AND OTHER: BASED ON THE ARTICULATED HIRING NEEDS OF THE COMMUNITIES WITH WHICH WE PARTNER, TEACH FOR AMERICA BRINGS TEACHING CANDIDATES TO URBAN AND RURAL REGIONS THROUGHOUT THE UNITED STATES. TEACH FOR AMERICA HAS REGIONAL OFFICES, WHICH ARE RESPONSIBLE FOR WORKING WITH SCHOOL AND DISTRICT PARTNERS TO UNDERSTAND THEIR NEEDS, FACILITATING INTERVIEW/EMPLOYMENT OPPORTUNITIES FOR CORPS MEMBERS AT SCHOOLS, MONITORING CLASSROOM PROGRESS THROUGHOUT THEIR TWO-YEAR COMMITMENT, PROVIDING ONE-ON-ONE COACHING AND OBSERVATION, PROVIDING OPPORTUNITIES FOR ONGOING PROFESSIONAL DEVELOPMENT, AND HELPING CORPS MEMBERS BECOME PART OF THEIR LOCAL COMMUNITIES. TEACH FOR AMERICA CORPS MEMBERS TAUGHT ACROSS 52 REGIONS IN 2016. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $50,930,430 | ExpenseAmt |
| Grant | $4,907,366 | GrantAmt |
| Revenue | $27,449,981 | RevenueAmt |
| Desc | TEACHER RECRUITMENT AND SELECTION:TEACH FOR AMERICA ACTIVELY RECRUITS APPLICANTS FROM APPROXIMATELY 433 COLLEGES AND UNIVERSITIES AS WELL AS MEMBERS OF THE MILITARY AND PROFESSIONALS, THEN SELECTS FROM THAT POOL A DIVERSE TEACHING CORPS OF TOP COLLEGE GRADUATES AND PROFESSIONALS TO TEACH IN THE NATION'S MOST UNDERSERVED COMMUNITIES. THE RECRUITMENT AND SELECTION PROCESS CONSISTS OF IDENTIFYING POTENTIAL RECRUITS, SCHEDULING AND ATTENDING ON AND OFF-CAMPUS RECRUITING EVENTS, CONDUCTING ONE ON ONE RECRUITMENT INTERVIEWS, MAINTAINING ONGOING CORRESPONDENCE, PROCESSING APPLICATIONS (APPROXIMATELY 37,000 APPLICANTS IN 2016) AND CONDUCTING A MULTI-STEP SELECTION INTERVIEW PROCESS, INCLUDING FINAL DAY-LONG INTERVIEW SESSIONS IN MULTIPLE SITES ACROSS THE COUNTRY. TEACH FOR AMERICA HAS A 14% ACCEPTANCE RATE IN THE 2015-2016 ADMISSIONS CYCLE AND APPROXIMATELY 3,400 NEW CORPS MEMBERS BEGAN THEIR TEACHING ASSIGNMENTS IN FALL 2016. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $48,049,320 | ExpenseAmt |
| Grant | $10,685,314 | GrantAmt |
| Revenue | $1,100,802 | RevenueAmt |
| Desc | ALUMNI AFFAIRS:ESSENTIAL TO THE LONG TERM WORK OF ADDRESSING THE ISSUES OF EDUCATIONAL INEQUITY, TEACH FOR AMERICA SUPPORTS AND ENCOURAGES ITS ALUMNI TO CONTINUE TO WORK IN EDUCATION AND ACROSS SECTORS TO ADDRESS ISSUES NEGATIVELY IMPACTING LOW INCOME COMMUNITIES. TEACH FOR AMERICA SUPPORTS THE CONTINUED DEVELOPMENT OF ALUMNI IN THREE PROGRAMMATIC AREAS: CLASSROOM PRACTICE, SCHOOL LEADERSHIP AND SOCIAL ENTREPRENEURSHIP. NEARLY TWO THIRDS OF OUR 42,000 ALUMNI IN 2016 WERE EMPLOYED AS TEACHERS, AS SCHOOL PRINCIPALS, AS SUPERINTENDENTS OR IN OTHER ROLES DIRECTLY IMPACTING EDUCATION WHILE THE OTHER THIRD WORKED ACROSS MULTIPLE SECTORS. APPROXIMATELY 82% OF TEACH FOR AMERICA'S 42,000 ALUMNI IN 2016 WERE DOING MISSION ALIGNED WORK EITHER IN EDUCATION OR IN OTHER PROFESSIONS SERVING LOW INCOME COMMUNITIES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $37,451,175 | ExpenseAmt |
| Grant | $189,562 | GrantAmt |
| Desc | PRE-SERVICE INSTITUTE:PRE-SERVICE INSTITUTE IS ONE OF TEACH FOR AMERICA'S LARGEST PROGRAMMATIC EXPENSES. TEACH FOR AMERICA CONDUCTS INTENSIVE SUMMER TRAINING INSTITUTES HELD ON UNIVERSITY CAMPUSES AND IN CONJUNCTION WITH LOCAL PUBLIC SCHOOL DISTRICTS AS PART OF TEACHER PREPARATION FOR INCOMING CORPS MEMBERS. IN SUMMER 2015, APPROXIMATELY 4,075 CORPS MEMBERS WERE TRAINED AT ONE OF SIX CAMPUSES: PHOENIX (AZ), HOUSTON (TX), PHILADELPHIA (PA), ATLANTA (GA), CLEVELAND (MS), AND TULSA (OK) OR AT ONE OF OUR REGIONAL INSTITUTES: MEMPHIS, MASSACHUSETTS, TWIN CITIES, DALLAS, CHICAGO, NASHVILLE, OKLAHOMA CITY, AND ST. LOUIS REGIONS. DURING PRE-SERVICE INSTITUTE, CORPS MEMBERS PARTICIPATE IN TRAINING SESSIONS, COLLABORATE WITH PEERS, AND TEACH STUDENTS WHO ENROLL IN PUBLIC SUMMER SCHOOL PROGRAMS HOSTED BY PARTNER SCHOOL DISTRICTS AND PARTICIPATING PUBLIC CHARTER SCHOOLS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $37,451,175 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $189,562 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $259,823,591 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 4728 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 7062 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSHUA GRIGGS EVP TALENTOPERATIONS & CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122792080 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 BROADWAY 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| STEPHEN F MANDEL JR | ||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BEVERLY DANIEL TATUM PHD | ||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PAUL FINNEGAN | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| WENDY KOPP | ||||||||
| FOUNDER | 5.00 | Yes (X) | $97,163 | $0 | $0 | |||
| THOMAS H CASTRO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MAXINE CLARK | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID GERGEN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RANDALL H HARBERT | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KAYA HENDERSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN HUFFMAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WALTER ISSACSON DIRECTOR | ||||||||
| (UNTIL 05/06/16) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOEL KLEIN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SUE LEHMANN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL LOMAX PHD | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KEN MEHLMAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD D PARSONS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GREG PENNER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NANCY PERETSMAN DIRECTOR | ||||||||
| (UNTIL 05/04/16) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| VINCE ROIG | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAULA A SNEED | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LAWRENCE SUMMERS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GREGORY W WENDT | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MEG WHITMAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MATTHEW KRAMER CO-CEO | ||||||||
| (UNTIL 12/31/15) | 53.10 | Yes (X) | Yes (X) | $392,529 | $0 | $36,457 | ||
| ELISA VILLANUEVA BEARD | ||||||||
| CEO | 80.70 | Yes (X) | Yes (X) | $392,529 | $0 | $37,957 | ||
| JOSHUA GRIGGS | ||||||||
| EVP, TALENT, OPERATIONS & CFO | 63.70 | Yes (X) | $260,097 | $0 | $27,298 | |||
| TRACY-ELIZABETH CLAY SVPLEGAL | ||||||||
| AFFAIRS/GENERAL COUNSEL/SECRETARY | 54.10 | Yes (X) | $201,859 | $0 | $19,857 | |||
| SUSAN ASIYANBI | ||||||||
| EVP, CHIEF OPERATING OFFICER | 83.90 | $315,975 | $0 | $5,908 | Yes (X) | |||
| ELISSA KIM EVP RECRUITMENT | ||||||||
| & ADMISSIONS | 57.40 | $267,439 | $0 | $18,642 | Yes (X) | |||
| WHITNEY PETERSMEYER | ||||||||
| SVP, NATIONAL DEVELOPMENT | 60.50 | $202,582 | $0 | $18,044 | Yes (X) | |||
| MASSIE RITSCHEVPPUBLIC AFFAIRS | ||||||||
| NATIONAL SUPPORT (UNTIL 05/31/16) | 50.40 | $232,913 | $0 | $15,964 | Yes (X) | |||
| ERIC SCROGGINS EVP | ||||||||
| CHIEF PROGRAM & STRATEGY OFFICER | 63.90 | $337,364 | $0 | $20,759 | Yes (X) | |||
| PAUL KEYS | ||||||||
| EXECUTIVE DIRECTOR | 68.80 | $290,556 | $0 | $24,189 | Yes (X) | |||
| KWAME GRIFFITH | ||||||||
| EVP, REGIONAL ENGAGEMENT | 59.40 | $259,179 | $0 | $18,375 | Yes (X) | |||
| ANDREA PURSLEY EVP | ||||||||
| SYSTEMS LEADERSHIP (UNTIL 02/26/16) | 65.40 | $247,877 | $0 | $27,998 | Yes (X) | |||
| SANDEEP CHELLANI SVP | ||||||||
| IT & CHIEF INFORMATION OFFICER | 45.50 | $230,904 | $0 | $9,001 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,728,966 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $280,449 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 401 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JRM CONSTRUCTION MANAGEMENT | |||||
| 242 WEST 34TH STREET | NEW YORK | NY | 10018 | CONSTRUCTION MGMT | $8,490,238 |
| TURNER CONSTRUCTION COMPANY | |||||
| 375 HUDSON STREET 6TH FLOOR | NEW YORK | NY | 10014 | CONSTRUCTION MGMT | $2,055,639 |
| WORKDAY INC | |||||
| 6230 STONERIDGE MALL RD | PLEASANTON | CA | 94588 | IT & PAYROLL CONSULTING | $925,971 |
| COMPUTER DESIGN & INTEGRATION LLC | |||||
| 696 ROUTE 46 WEST | TETERBORO | NJ | 07608 | SOFTWARE CONSULTING | $822,993 |
| PHASE2 TECHNOLOGY LLC | |||||
| 1330 BRADDOCK PLACE 7TH FLOOR | ALEXANDRIA | VA | 22314 | MARKETING CONSULTING | $483,272 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 18 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Federated Campaigns | $143,226 | FederatedCampaignsAmt |
| Fundraising | $11,727,776 | FundraisingAmt |
| Government Grants | $60,200,950 | GovernmentGrantsAmt |
| All Other Contributions | $199,414,375 | AllOtherContributionsAmt |
| Noncash Contributions | $23,465,108 | NoncashContributionsAmt |
| Total Contributions | $271,486,327 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SERVICE FEES REVENUE | 611710 | $27,449,981 | $27,449,981 |
| 25TH ANNIVERSARY SUMMI | 900099 | $730,425 | $730,425 |
| PUBLICATION REVENUE | 900099 | $209,393 | $209,393 |
| REG/CERTIFICATION FEES | 611710 | $141,184 | $141,184 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $28,530,983 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,601,245 | TotalRevenueColumnAmt |
| Exclusion | $3,601,245 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,863 | TotalRevenueColumnAmt |
| Exclusion | $1,863 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $400,125 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $400,125 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $64,148,237 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $64,382,513 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$234,276 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$234,276 | TotalRevenueColumnAmt |
| Exclusion | -$234,276 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $390,415 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $11,727,776 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $936,789 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$546,374 | TotalRevenueColumnAmt |
| Exclusion | -$546,374 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $19,800 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,800 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,800 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| IT SERVICES | 900099 | $108,644 | $108,644 | |
| EMPLOYEE SETTLEMENT | 900099 | $74,000 | $74,000 | |
| PURCHASING CARD REBATE | 900099 | $45,262 | $45,262 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $71,175 | TotalRevenueColumnAmt |
| Exclusion | $71,175 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $299,081 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $303,158,649 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $28,550,783 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $108,644 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,012,895 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,461,902 | TotalAmt |
| Program Services | $7,461,902 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,341,775 | TotalAmt |
| Program Services | $10,341,775 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,700,002 | TotalAmt |
| Program Services | $2,063,471 | ProgramServicesAmt |
| Management And General | $363,351 | ManagementAndGeneralAmt |
| Fundraising | $273,180 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $182,862,245 | TotalAmt |
| Program Services | $139,752,071 | ProgramServicesAmt |
| Management And General | $24,608,562 | ManagementAndGeneralAmt |
| Fundraising | $18,501,612 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,440,954 | TotalAmt |
| Program Services | $4,158,237 | ProgramServicesAmt |
| Management And General | $732,213 | ManagementAndGeneralAmt |
| Fundraising | $550,504 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,809,308 | TotalAmt |
| Program Services | $4,439,751 | ProgramServicesAmt |
| Management And General | $781,784 | ManagementAndGeneralAmt |
| Fundraising | $587,773 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,036,183 | TotalAmt |
| Program Services | $9,962,874 | ProgramServicesAmt |
| Management And General | $1,754,336 | ManagementAndGeneralAmt |
| Fundraising | $1,318,973 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $292,628 | TotalAmt |
| Program Services | $202,124 | ProgramServicesAmt |
| Management And General | $43,707 | ManagementAndGeneralAmt |
| Fundraising | $46,797 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200,752 | TotalAmt |
| Program Services | $138,664 | ProgramServicesAmt |
| Management And General | $29,984 | ManagementAndGeneralAmt |
| Fundraising | $32,104 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $588,148 | TotalAmt |
| Management And General | $588,148 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $844 | TotalAmt |
| Management And General | $844 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,295,282 | TotalAmt |
| Program Services | $7,402,082 | ProgramServicesAmt |
| Management And General | $610,166 | ManagementAndGeneralAmt |
| Fundraising | $1,283,034 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $965,412 | TotalAmt |
| Program Services | $696,394 | ProgramServicesAmt |
| Management And General | $55,961 | ManagementAndGeneralAmt |
| Fundraising | $213,057 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,265,782 | TotalAmt |
| Program Services | $5,119,872 | ProgramServicesAmt |
| Management And General | $679,275 | ManagementAndGeneralAmt |
| Fundraising | $466,635 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,839,659 | TotalAmt |
| Program Services | $11,984,232 | ProgramServicesAmt |
| Management And General | $3,386,395 | ManagementAndGeneralAmt |
| Fundraising | $1,469,032 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,860 | TotalAmt |
| Program Services | $20,625 | ProgramServicesAmt |
| Management And General | $4,460 | ManagementAndGeneralAmt |
| Fundraising | $4,775 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,215,670 | TotalAmt |
| Program Services | $14,951,427 | ProgramServicesAmt |
| Management And General | $1,303,709 | ManagementAndGeneralAmt |
| Fundraising | $960,534 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,165,761 | TotalAmt |
| Program Services | $28,715,031 | ProgramServicesAmt |
| Management And General | $1,240,146 | ManagementAndGeneralAmt |
| Fundraising | $1,210,584 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $301,479 | TotalAmt |
| Program Services | $262,804 | ProgramServicesAmt |
| Management And General | $19,254 | ManagementAndGeneralAmt |
| Fundraising | $19,421 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,901 | TotalAmt |
| Program Services | $157,843 | ProgramServicesAmt |
| Management And General | $29,739 | ManagementAndGeneralAmt |
| Fundraising | $22,319 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,416,281 | TotalAmt |
| Program Services | $9,611,032 | ProgramServicesAmt |
| Management And General | $4,121,991 | ManagementAndGeneralAmt |
| Fundraising | $683,258 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $529,602 | TotalAmt |
| Program Services | $422,863 | ProgramServicesAmt |
| Management And General | $60,977 | ManagementAndGeneralAmt |
| Fundraising | $45,762 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| INDIRECT SPECIAL EVENT | $796,210 | $727,835 | $5,148 | $63,227 |
| BAD DEBT EXPENSE | $703,124 | $631,633 | $54,559 | $16,932 |
| MISCELLANEOUS EXPENSES | $469,376 | $419,617 | $19,234 | $30,525 |
| SUBSCRIPTIONS & DUES | $223,409 | $179,432 | $13,510 | $30,467 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $328,161,549 | TotalAmt |
| Program Services | $259,823,591 | ProgramServicesAmt |
| Management And General | $40,507,453 | ManagementAndGeneralAmt |
| Fundraising | $27,830,505 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,196,146 | BOYAmt |
| EOY | $28,059,529 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,051,730 | BOYAmt |
| EOY | $37,923,547 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,489,028 | BOYAmt |
| EOY | $58,503,264 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $448,642 | BOYAmt |
| EOY | $612,041 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,849,752 | BOYAmt |
| EOY | $7,218,743 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $82,758,456 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $53,542,004 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,767,910 | BOYAmt |
| EOY | $29,216,452 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $228,331,685 | BOYAmt |
| EOY | $231,046,359 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,354,727 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,146,631 | BOYAmt |
| EOY | $6,037,952 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,813,048 | BOYAmt |
| EOY | $4,220,507 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $444,449,299 | BOYAmt |
| EOY | $402,838,394 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,436,254 | BOYAmt |
| EOY | $39,972,591 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,082,204 | BOYAmt |
| EOY | $9,937,786 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $14,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,186,264 | BOYAmt |
| EOY | $9,751,923 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,704,722 | BOYAmt |
| EOY | $59,676,300 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,850,688 | BOYAmt |
| EOY | $119,026,174 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,732,015 | BOYAmt |
| EOY | $106,974,046 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,161,874 | BOYAmt |
| EOY | $117,161,874 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $376,744,577 | BOYAmt |
| EOY | $343,162,094 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $444,449,299 | BOYAmt |
| EOY | $402,838,394 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$25,002,900 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$7,125,227 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,454,356 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $276,189,772 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $192,639,730 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $294,928,420 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $263,854,521 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $271,486,327 | CurrentTaxYearAmt |
| Total | $1,299,098,770 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $276,189,772 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $192,639,730 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $294,928,420 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $263,854,521 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $271,486,327 | CurrentTaxYearAmt |
| Total | $1,299,098,770 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $95,154,250 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,203,944,520 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,493,238 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,428,722 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,172,646 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,849,156 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,003,233 | CurrentTaxYearAmt |
| Total | $17,946,995 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,551 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $10,450 | CurrentTaxYearMinus2YearsAmt |
| Total | $41,001 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $99,089 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $121,898 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $161,843 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $153,572 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $190,437 | CurrentTaxYearAmt |
| Total | $726,839 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,317,813,605 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $123,362,716 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.91360 | PublicSupportCY170Pct |
| Public Support PY170 | 0.90780 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | PURCHASING CARD REBATE - 2012 AMOUNT: $ 44,983. 2013 AMOUNT: $ 2,403. 2014 AMOUNT: $ 81,110. 2015 AMOUNT: $ 45,262. MISCELLANEOUS - 2011 AMOUNT: $ 1,833. 2012 AMOUNT: $ 16,220. 2013 AMOUNT: $ 61,880. OTHER EVENTS REVENUE - 2011 AMOUNT: $ 43,324. 2012 AMOUNT: $ 52,633. 2013 AMOUNT: $ 85,913. 2014 AMOUNT: $ 53,018. 2015 AMOUNT: $ 30,890. HONORARIUM - 2011 AMOUNT: $ 1,000. COMMISSIONS - 2011 AMOUNT: $ 47,487. 2012 AMOUNT: $ 8,062. 2013 AMOUNT: $ 11,647. 2014 AMOUNT: $ 19,444. 2015 AMOUNT: $ 30,000. REGISTRATION FEES - 2011 AMOUNT: $ 5,445. EMPLOYEE SETTLEMENT - 2015 AMOUNT: $ 74,000. RECOVERY OF LIABILITY - 2015 AMOUNT: $ 10,285. |
| PART II, SHORT YEAR EXPLANATION: | IN OCTOBER 1, 2012, TEACH FOR AMERICA REVISED ITS FISCAL YEAR FROM SEPTEMBER 30 TO MAY 31. AS A RESULT, THE DATA REPORTED IN THE 2012 FORM 990 IS FOR A SHORT YEAR, FOR THE 8 MONTH PERIOD BEGINNING OCTOBER 1, 2012 THROUGH MAY 31, 2013. THE 2013 FORM 990, AS REPORTED ON SCHEDULE A, CONTAINS 12 MONTHS OF FINANCIAL DATA. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | Yes (1) | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | Yes (1) | MailingsMembersInd |
| Mailings Members | $17,545 | MailingsMembersAmt |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $819,296 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $836,841 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | ON A STATE LEVEL, LOCAL ADVISORY BOARD MEMBERS, PAID STAFF OR MANAGEMENT HAD DIRECT CONTACT WITH STATE LEGISLATORS, THEIR STAFF AND MEMBERS OF STATE EXECUTIVE BRANCH AGENCIES IN SUPPORT OF STATE APPROPRIATIONS FOR TEACH FOR AMERICA'S IN-STATE OPERATIONS THROUGH REGULAR STATE BUDGET PROCESSES. IN ADDITION, REGIONAL STAFF ALSO WORKED FOR THE PASSAGE OF VARIOUS PIECES OF LEGISLATION WHICH WOULD IMPACT TEACH FOR AMERICA'S ABILITY TO OPERATE IN A GIVEN COMMUNITY INCLUDING THE PASSAGE OF ALTERNATIVE CERTIFICATION LEGISLATION AND LEGISLATION PERMITTING TEACH FOR AMERICA TO BE RECOGNIZED BY THE STATE AS AN ALTERNATIVE PATHWAY TO TEACH LICENSURE. TEACH FOR AMERICA HAS USED CONSULTANTS AT THE STATE LEVEL TO PROVIDE LOBBYING SERVICES, SUCH AS BILL AND REGULATION TRACKING ON MATTERS, INCLUDING BUT NOT LIMITED TO, TEACHER CERTIFICATION AND STATE FUNDING. AT THE FEDERAL LEVEL, TEACH FOR AMERICA STAFF INTERFACED WITH MEMBERS OF CONGRESS, THEIR PERSONAL AND COMMITTEE STAFF, AND KEY MEMBERS OF THE PRESIDENT'S ADMINISTRATION AND FEDERAL AGENCIES, TO ADVOCATE FOR LEGISLATION AND REGULATIONS THAT WOULD SUPPORT TEACH FOR AMERICA AND THE CONSTITUENCIES WE SERVE. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $179,896,330 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$3,278,440 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $844 | AdministrativeExpensesAmt |
| End Year Balance | $176,617,046 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $162,329,225 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $17,567,105 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $179,896,330 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $199,348,112 | BeginningYearBalanceAmt |
| Contributions | $3,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $19,567,057 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $59,585,944 | OtherExpendituresAmt |
| End Year Balance | $162,329,225 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $160,800,743 | BeginningYearBalanceAmt |
| Contributions | $27,502,093 | ContributionsAmt |
| Investment Earnings Or Losses | $11,045,276 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $199,348,112 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $117,494,011 | BeginningYearBalanceAmt |
| Contributions | $32,338,964 | ContributionsAmt |
| Investment Earnings Or Losses | $10,967,768 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $160,800,743 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01860 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.66330 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.31810 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $81,916 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,120 | DepreciationAmt |
| Book Value | $76,796 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,911,455 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,514,149 | DepreciationAmt |
| Book Value | $12,397,306 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $64,765,085 | OtherCostOrOtherBasisAmt |
| Depreciation | $48,022,735 | DepreciationAmt |
| Book Value | $16,742,350 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $29,216,452 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED RENT PAYABLE | $7,961,530 |
| OTHER LIABILITIES | $1,557,733 |
| CAPITAL LEASE OBLIGATION | $232,660 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $9,751,923 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $296,324,059 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$7,125,227 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $400,125 | OtherRevenueAmt |
| Revenue Not Reported | -$6,725,102 | RevenueNotReportedAmt |
| Revenue Subtotal | $303,049,161 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $844 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $108,644 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $109,488 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $303,158,649 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $329,906,542 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,854,481 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,854,481 | ExpensesNotReportedAmt |
| Expenses Subtotal | $328,052,061 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $844 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $108,644 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $109,488 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $328,161,549 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | TEACH FOR AMERICA HELD A SECURITY DEPOSIT FROM A SUBLEASE TENANT FROM IN ITS DC OFFICE IN THE AMOUNT OF $14,000. THIS AMOUNT IS RECORDED AS A LIABILITY ON TEACH FOR AMERICA'S BALANCE SHEET. |
| PART V, LINE 4: | TEACH FOR AMERICA'S ENDOWMENT IS INTENDED TO PROVIDE A CONTINUOUS SOURCE OF FUNDING TO SUPPORT THE INSTITUTION'S PRIMARY EDUCATIONAL AND SOCIAL MISSION. THE ENDOWMENT'S PRINCIPAL IS INTENDED TO BE LEFT UNTOUCHED, WHILE ITS EARNINGS ARE USED TO FUND VARIOUS ORGANIZATION PROGRAMS (AND GRANTS). |
| PART X, LINE 2: | TFA IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. TFA HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT WAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. TFA HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORMS 990 AND RELATED STATE RETURNS FILED BY TFA ARE SUBJECT TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. TFA BELIEVES THAT ITS INFORMATIONAL TAX FILINGS FOR YEARS ENDED PRIOR TO 2013 ARE NO LONGER SUBJECT TO EXAMINATION. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 400,125. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RECLASS IT SERVICES TO PART VIII, LINE 11 108,644. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RECLASS LOSS ON DISPOSAL 1,197,493. WRITE-OFF OF UNCOLLECTIBLE REVENUES 256,863. RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 400,125. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RECLASS IT SERVICES TO PART VIII, LINE 11 108,644. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | NY ANNUAL BENEFIT DINNER | Event1Nm |
| Gross Receipts Event1 | $2,948,127 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $2,948,127 | CharitableContriEvent1Amt |
| Other Direct Expenses Event1 | $0 | OtherDirectExpensesEvent1Amt |
| Event2 | CHICAGO BENEFIT DINNER | Event2Nm |
| Gross Receipts Event2 | $2,320,934 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $2,279,975 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $40,959 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $69,610 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $23,203 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 19 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $6,849,130 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $6,499,674 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $349,456 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $94,331 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $438,505 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $311,140 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $12,118,191 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $11,727,776 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $390,415 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $94,331 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $508,115 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $334,343 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $936,789 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$546,374 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEADERSHIP FOR EDUCATIONAL EQUITY FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1805 7TH STREET NW 8TH FLOOR | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 462093041 | RecipientEIN |
| IRC Section | 501(C)3 | IRCSectionDesc |
| Cash Grant | $7,461,902 | CashGrantAmt |
| Purpose Of Grant | CHARITABLE AND EDUCATIONAL PROGRAMS TO STRENGTHEN INDIVIDUAL AND COLLECTIVE LEADERSHIP OF TFA ALUMNI. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|
| CORPS MEMBERS TRANSITIONAL GRANTS | 2826 | $5,730,251 | |
| 25TH ANNIVERSARY SUMMIT, REGISTRATION AND STIPEND | 5652 | $1,736,802 | |
| CORPS MEMBERS COURSEWORK GRANTS | 867 | $1,111,211 | |
| AMGEN AWARDS AND PLACEMENT FUNDING AWARDS | 303 | $1,072,255 | |
| CORPS MEMBERS FELLOWSHIPS | 59 | $647,740 | |
| CORPS MEMBERS STIPEND | 12 | $3,615 | |
| OTHER CM AWARDS | 37 | $39,901 | TCAI - 02/15/17 03:44PM WORKSHEET SCHEDULE I |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | TEACH FOR AMERICA PROVIDES GRANTS AND/OR FINANCIAL AID TO CORPS MEMBERS WHO ARE ATTENDING THE CURRENT YEAR'S INSTITUTE. THE ORGANIZATION MAINTAINS A LISTING OF THE INDIVIDUALS THAT BENEFIT FROM THE GRANT, WITH ALL REQUIRED INFORMATION (E.G. FULL NAME, SOCIAL SECURITY NUMBER AND ADDRESS). GRANTS ARE ISSUED BASED ON THE FINANCIAL NEED OF THE RECIPIENT AND MAY BE USED FOR ANY PURPOSE. IN THE SERVICE OF OUR ORGANIZATIONAL MISSION, WE PROVIDED FINANCIAL AID STIPENDS TO TFA CORPS MEMBERS AND ALUMNI THAT ATTENDED THE 25TH ANNIVERSARY SUMMIT EVENT HELD IN FEBRUARY 2016. FINANCIAL AID WAS ISSUED IN A VARIETY OF FORMS INCLUDING WAIVED REGISTRATION FEES, HOTEL ROOMS OR 'LIVE CHECKS'. THIS AID WAS RESTRICTED TO TEACH FOR AMERICA CORPS MEMBERS AND ALUMNI WHO ATTENDED THE 25TH ANNIVERSARY SUMMIT FOR PROFESSIONAL DEVELOPMENT AND WAS DESIGNED TO OFFSET THE COST OF HOTEL ROOM RESERVATIONS, TRANSPORTATION OR FOOD WHILE AT THE CONFERENCE. TFA REGIONS DESIGNED THEIR OWN PROCESSES FOR DETERMINING WHO WAS ELIGIBLE FOR FINANCIAL AID PACKAGES. DURING THE REGISTRATION PROCESS, EACH FINANCIAL AID RECIPIENT WAS REQUIRED TO SUBMIT AN ELECTRONIC W9 AND RECIPIENTS THAT RECEIVED MORE THAN $600 IN FUNDING FROM TEACH FOR AMERICA DURING A CALENDAR YEAR RECEIVED A FORM 1099-MISC. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MATTHEW KRAMER CO-CEO | ||||||||||||||
| (UNTIL 12/31/15) | $392,529 | $0 | $0 | $0 | $0 | $0 | $20,500 | $0 | $15,957 | $0 | $428,986 | $0 | $0 | $0 |
| ELISA VILLANUEVA BEARD | ||||||||||||||
| CEO | $392,529 | $0 | $0 | $0 | $0 | $0 | $22,000 | $0 | $15,957 | $0 | $430,486 | $0 | $0 | $0 |
| JOSHUA GRIGGS | ||||||||||||||
| EVP, TALENT, OPERATIONS & CFO | $260,097 | $0 | $0 | $0 | $0 | $0 | $12,128 | $0 | $15,170 | $0 | $287,395 | $0 | $0 | $0 |
| TRACY-ELIZABETH CLAY SVPLEGAL | ||||||||||||||
| AFFAIRS/GENERAL COUNSEL/SECRETARY | $201,859 | $0 | $0 | $0 | $0 | $0 | $8,949 | $0 | $10,908 | $0 | $221,716 | $0 | $0 | $0 |
| SUSAN ASIYANBI | ||||||||||||||
| EVP, CHIEF OPERATING OFFICER | $315,975 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5,908 | $0 | $321,883 | $0 | $0 | $0 |
| ELISSA KIM EVP RECRUITMENT | ||||||||||||||
| & ADMISSIONS | $267,439 | $0 | $0 | $0 | $0 | $0 | $12,880 | $0 | $5,762 | $0 | $286,081 | $0 | $0 | $0 |
| WHITNEY PETERSMEYER | ||||||||||||||
| SVP, NATIONAL DEVELOPMENT | $202,582 | $0 | $0 | $0 | $0 | $0 | $2,800 | $0 | $15,244 | $0 | $220,626 | $0 | $0 | $0 |
| MASSIE RITSCHEVPPUBLIC AFFAIRS | ||||||||||||||
| NATIONAL SUPPORT (UNTIL 05/31/16) | $232,913 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15,964 | $0 | $248,877 | $0 | $0 | $0 |
| ERIC SCROGGINS EVP | ||||||||||||||
| CHIEF PROGRAM & STRATEGY OFFICER | $337,364 | $0 | $0 | $0 | $0 | $0 | $14,886 | $0 | $5,873 | $0 | $358,123 | $0 | $0 | $0 |
| PAUL KEYS | ||||||||||||||
| EXECUTIVE DIRECTOR | $290,556 | $0 | $0 | $0 | $0 | $0 | $13,834 | $0 | $10,355 | $0 | $314,745 | $0 | $0 | $0 |
| KWAME GRIFFITH | ||||||||||||||
| EVP, REGIONAL ENGAGEMENT | $259,179 | $0 | $0 | $0 | $0 | $0 | $12,557 | $0 | $5,818 | $0 | $277,554 | $0 | $0 | $0 |
| ANDREA PURSLEY EVP | ||||||||||||||
| SYSTEMS LEADERSHIP (UNTIL 02/26/16) | $247,877 | $0 | $0 | $0 | $0 | $0 | $12,189 | $0 | $15,809 | $0 | $275,875 | $0 | $0 | $0 |
| SANDEEP CHELLANI SVP | ||||||||||||||
| IT & CHIEF INFORMATION OFFICER | $230,904 | $0 | $0 | $0 | $0 | $0 | $8,663 | $0 | $338 | $0 | $239,905 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 82 | ContributionCnt |
| Noncash Contributions Rpt F990 | $19,959,551 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 19 | ContributionCnt |
| Noncash Contributions Rpt F990 | $52,593 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SALES PRICE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | EQUIPMENT | 1 | $3,414,057 | FAIR MARKET VALUE |
| Yes (X) | TRAVEL TICKETS | 1 | $24,800 | SALES PRICE |
| Yes (X) | GAME TICKETS | 1 | $12,003 | SALES PRICE |
| Yes (X) | SUPPLIES | 9 | $2,104 | SALES PRICE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE BY-LAWS WERE AMENDED IN JANUARY 2016 WITH THE FOLLOWING CHANGES MADE: ELIMINATED IN ITS ENTIRETY THE ORIGINAL SECTION 3.11 WHICH CREATED THE POSITION OF LEAD DIRECTOR. CREATED A NEW SECTION 3.11 CREATING THE POSITION OF FOUNDER IN RECOGNITION OF THE EXTRAORDINARY SERVICE OF THE FOUNDER OF THE ORGANIZATION. ESTABLISHES THAT THE FOUNDER SHALL HAVE ALL OF THE RIGHTS AND RESPONSIBILITIES OF A DIRECTOR AND WILL BE AN EX-OFFICIO MEMBER OF THE EXECUTIVE COMMITTEE. AMENDED SECTION 3.12 TO CHANGE THE COMPOSITION OF THE EXECUTIVE COMMITTEE TO INCLUDE NO MORE THAN SEVEN MEMBERS, TO REMOVE THE LEAD DIRECTOR AS A COMMITTEE MEMBER, AND TO ADD THE FOUNDER AND THE VICE CHAIR AS COMMITTEE MEMBERS. ADDED SECTION 4.5 CREATING THE OFFICER POSITION OF VICE CHAIR. THE VICE CHAIR SHALL CARRY OUT DUTIES AND RESPONSIBILITIES AS DELEGATED BY THE CHAIRPERSON AND WILL ACT AS THE CHAIRPERSON IN ANY INSTANCE IN WHICH THE CHAIR IS UNABLE TO PERFORM HIS/HER DUTIES UNLESS THE BOARD APPOINTS ANOTHER TO ACT IN THE STEAD OF THE CHAIR. AMENDED SECTION 4.6 TO MODIFY THE DESCRIPTION OF DUTIES AND RESPONSIBILITIES FOR A SOLE CHIEF EXECUTIVE OFFICER AND TO ELIMINATE REFERENCES TO CO-CHIEF EXECUTIVE OFFICERS. |
| FORM 990, PART VI, SECTION B, LINE 11 | TEACH FOR AMERICA'S FORM 990 WAS PREPARED BY AN INDEPENDENT TAX PREPARER. MANAGEMENT PERFORMED AN IN-DEPTH REVIEW. A COPY OF THE 990 WAS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. THE FULL BOARD RECEIVES A COPY OF THE 990 FORM VIA EMAIL BEFORE THE 990 FORM IS OFFICIALLY FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | TEACH FOR AMERICA, INC. REQUIRES EACH OFFICER, DIRECTOR, OR KEY EMPLOYEE ANNUALLY (1) TO REVIEW THE CONFLICT OF INTEREST POLICY; (2) TO DISCLOSE ANY POSSIBLE PERSONAL, FAMILY, OR BUSINESS RELATIONSHIP THAT REASONABLY COULD GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST; AND (3) TO ACKNOWLEDGE BY HIS OR HER SIGNATURE THAT HE OR SHE IS ACTING IN ACCORDANCE WITH THE LETTER AND SPIRIT OF SUCH POLICY. WHEN A COVERED PERSON BECOMES AWARE OF A PROPOSED COVERED TRANSACTION, HE OR SHE SHALL HAVE A DUTY TO TAKE THE FOLLOWING ACTIONS: (A) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF SUCH COVERED TRANSACTION TO THE CHAIR (IN THE CASE OF OFFICERS AND KEY EMPLOYEES OTHER THAN THE CHAIR) OR TO THE BOARD OF DIRECTORS OF THE ORGANIZATION (THE "BOARD") OR APPLICABLE COMMITTEE THEREOF (IN THE CASE OF DIRECTORS AND THE CHAIR); (B) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE ORGANIZATION TO ENTER INTO THE COVERED TRANSACTION; AND (C) PHYSICALLY EXCUSE HIMSELF OR HERSELF FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE COVERED TRANSACTION WITH OFFICERS, DIRECTORS, AND EMPLOYEES OF THE ORGANIZATION, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION. CONFLICTS OF INTEREST ARE ADMINISTERED BY THE BOARD OF DIRECTORS, OR ANY APPLICABLE COMMITTEE THEREOF, WITH THE ASSISTANCE OF THE BOARD CHAIR, AND ARE RESPONSIBLE FOR REVIEWING THE ANNUAL DISCLOSURES AND RECEIVING DISCLOSURES OF PROPOSED COVERED TRANSACTIONS, REVIEWING PROPOSED COVERED TRANSACTIONS AND DETERMINING IF AN ACTUAL CONFLICT OF INTEREST EXISTS. THE BOARD DOCUMENTS THEIR REVIEW OF EACH DECLARATION IN THE MINUTES OF THE MEETING AT WHICH THE COVERED TRANSACTION IS COVERED. DOCUMENTATION ALSO INCLUDES THE BASIS FOR THE FINAL DETERMINATION AND RESOLUTION FOR EACH COVERED TRANSACTION. IF THE FINAL DETERMINATION WAS ACCOMPLISHED BY ACTION OF A BOARD COMMITTEE OR THE BOARD CHAIR, A REPORT TO THE BOARD OF DIRECTORS IS CONDUCTED REGARDING ANY COVERED TRANSACTION APPROVED IN ACCORDANCE WITH THE CONFLICTS OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | TEACH FOR AMERICA, INC. USES INDEPENDENT COMPENSATION CONSULTANTS TO ENSURE THAT THE SALARY SET FOR THE CEO IS APPROPRIATE. INDEPENDENT COMPENSATION CONSULTANTS ARE ALSO USED TO ENSURE THAT THE SALARIES FOR THE LEADERSHIP TEAM MEMBERS AND OTHER KEY OFFICERS ARE APPROPRIATE AND IN LINE WITH THOSE OF COMPARABLE ORGANIZATIONS. ALL CEO AND LEADERSHIP TEAM MEMBER SALARIES ARE APPROVED BY THE BOARD AT THE ANNUAL MEETING. DOCUMENTATION PROVIDED TO THE BOARD IN ADVANCE OF THE MEETING REGARDING EXECUTIVE COMPENSATION INCLUDES CURRENT SALARIES, MERCER BENCHMARKED COMPENSATION DATA, SALARY RECOMMENDATIONS FOR THE UPCOMING YEAR, AND ALTERNATIVE OPTIONS FOR CEO SALARY INCREASES. THE BOARD MEMBERS DISCUSS AND FINALIZE THE CEO AND LEADERSHIP TEAM COMPENSATION FOR THE COMING YEAR. ALL DISCUSSIONS, DELIBERATIONS AND DECISIONS REGARDING EXECUTIVE COMPENSATION ARE RECORDED IN THE MINUTES OF THE BOARD MEETING. COMPENSATION STRUCTURES AND INDIVIDUAL STAFF MEMBER SALARIES ARE REVIEWED AND ADJUSTED ANNUALLY AT TEACH FOR AMERICA. REGARDING OUR COMPENSATION STRUCTURES, EACH YEAR, THE COMPENSATION TEAM RECOMMENDS BASELINE ADJUSTMENTS TO THE CEOS, BASED ON MARKET RESEARCH. ONCE APPROVED, ANY FINANCIAL IMPACT IS INCLUDED IN THE OVERALL BUDGET RECOMMENDED TO THE FINANCE COMMITTEE AND THEN APPROVED BY THE BOARD. THESE COMPENSATION STRUCTURES ARE THEN USED TO SET STAFF MEMBER SALARIES IN THE NEXT YEAR IN LINE WITH OUR GUIDING PRINCIPLES OF PAYING COMPETITIVELY RELATIVE TO THE NON-PROFIT ORGANIZATIONS BUT NOT AT THE TOP OF THE MARKET, ADHERING TO INTERNAL EQUITY, RECOGNIZING CHANGES IN SCALE AND MARKET OF ROLES, AND ENSURING WE ARE PAYING FAIRLY AND COMPETITIVELY OVER THE COURSE OF STAFF MEMBER CAREERS IN THE ORGANIZATION THROUGH ANNUAL EVALUATION OF A STAFF MEMBER'S CHANGING CONTRIBUTION TO THE ORGANIZATION. STAFF SALARIES ARE CALIBRATED ANNUALLY BY THE LEADERSHIP TEAM AND APPROVED BY THE CO-CEOS, ENSURING FAIRNESS AND EQUITY ACROSS THE ORGANIZATION AND ALIGNMENT WITH OUR COMPENSATION PHILOSOPHY. THE COMPENSATION SETTING PROCESS, AS OUTLINED ABOVE, WAS LAST PERFORMED DURING THE PERIOD BEGINNING IN APRIL 2016 AND CONCLUDING IN MAY 2016. |
| FORM 990, PART VI, SECTION C, LINE 19 | TEACH FOR AMERICA MAKES ITS FORM 990 AVAILABLE TO PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG AND AT WWW.TEACHFORAMERICA.ORG. TEACH FOR AMERICA ALSO PUBLISHES ITS FINANCIAL STATEMENTS ON ITS WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND LEGAL ATTACHMENTS, FORM 1023 AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC IF REQUESTED. |
| FORM 990, PART VII, SECTION A: COMPENSATION OF OFFICERS | COMPENSATION FOR WENDY KOPP, MATTHEW KRAMER, AND ELISA VILLANUEVA BEARD IS REPORTED FOR THE PERIOD JANUARY 1, 2015 THROUGH DECEMBER 31, 2015. WENDY KOPP, CHAIR OF BOARD THROUGH DECEMBER 4, 2015, RECEIVED COMPENSATION FOR FUNDRAISING, SPOKESPERSON, AND STRATEGIC CONTRIBUTIONS. MATTHEW KRAMER AND ELISA VILLANUEVA BEARD WERE CO-CEO'S UNTIL DECEMBER 31, 2015, AT WHICH POINT MS. VILLANUEVA BEARD BECAME THE SOLE CEO. |
| FORM 990, PART VIII, LINE 2A: FEES FOR SERVICE REVENUE | TEACH FOR AMERICA HAS CONTRACTUAL AGREEMENTS WITH VARIOUS SCHOOL DISTRICTS ACROSS THE UNITED STATES OF AMERICA TO RECRUIT, SELECT, TRAIN, AND PLACE CORPS MEMBERS TO TEACH WITHIN THEIR SCHOOL DISTRICTS. TEACH FOR AMERICA RECOGNIZES REVENUE RELATED TO THESE CONTRACTUAL AGREEMENTS AS EARNED, THAT IS, WHEN THE CORPS MEMBER IS PLACED. |
| FORM 990, PART X, LINES 27-29: EXPLANATION OF NET ASSETS | NET ASSETS OF A NONPROFIT ORGANIZATION ARE EQUIVALENT TO THE NET WORTH OF THE ORGANIZATION. HOWEVER NET ASSETS ARE CLASSIFIED IN THREE CATEGORIES: UNRESTRICTED, TEMPORARILY RESTRICTED AND PERMANENTLY RESTRICTED. UNRESTRICTED NET ASSETS ARE AVAILABLE FOR THE GENERAL OPERATIONS OF AN ORGANIZATION AND HAVE NOT BEEN RESTRICTED BY OUTSIDE DONORS. TEMPORARILY RESTRICTED NET ASSETS ARE RESTRICTED BY DONORS FOR CERTAIN PURPOSES AND/OR FUTURE TIME PERIODS. ONCE THESE RESTRICTIONS ARE MET, THE FUNDS ARE RELEASED AS UNRESTRICTED NET ASSETS. PERMANENTLY RESTRICTED NET ASSETS ARE TO BE MAINTAINED IN PERPETUITY; THEIR INCOME MAY BE USED FOR GENERAL OPERATIONS OR SPECIFIC ACTIVITIES BASED ON DONOR INTENT. UNRESTRICTED NET ASSETS HAVE DIFFERENT DEGREES OF LIQUIDITY AVAILABLE FOR DAILY OPERATIONS ARE NOT A REPRESENTATION OF AVAILABLE CASH FOR OPERATIONS. FOR FY16, OUR NET ASSETS FALL INTO THE FOLLOWING CATEGORIES: - APPROXIMATELY 17% IS "RECEIVABLES OR PROMISES FROM INDIVIDUALS, FOUNDATIONS, SCHOOL DISTRICTS, STATE GOVERNMENTS AND THE FEDERAL GOVERNMENT TO MAKE PAYMENTS IN THE FUTURE. MOST OF THESE PAYMENTS ARE TO BE USED TO FUND FUTURE ACTIVITIES, AND ARE NOT CURRENTLY AVAILABLE FUNDS; - APPROXIMATELY 34% IS THE BODY OF THE ENDOWMENT AND THUS CANNOT BE SPENT ON PROGRAMMING. IN FY16, OUR ENDOWMENT INCURRED NET LOSSES OF APPROXIMATELY $3.2 MILLION; - APPROXIMATELY 9% IS FIXED ASSETS, WHICH INCLUDES ITEMS SUCH AS DEPRECIATING SOFTWARE, FURNITURE, TECHNOLOGY AND OTHER CAPITAL INVESTMENTS FROM PRIOR YEARS; - APPROXIMATELY 8% IS CASH OR CASH EQUIVALENTS. TEACH FOR AMERICA AIMS TO MAINTAIN A MINIMUM OPERATING RESERVE OF AROUND 25% OF ANNUAL EXPENSES THROUGHOUT THE YEAR AND 35% AT FISCAL YEAR-END. THIS IS EQUIVALENT TO 3-4MONTHS OF EXPENSES, COMPARED TO THE RANGE OF 3-6 MONTHS RECOMMENDED BY BOTH THE NATIONAL COUNCIL FOR NON-PROFITS AND THE NON-PROFITS ASSISTANCE FUND. |
| FORM 990, PART XI, LINE 9: | LOSS ON DISPOSAL -1,197,493. WRITE-OFF OF UNCOLLECTIBLE REVENUES -256,863. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION'S GOVERNING BODY HAS A COMMITTEE CHARGED WITH OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS. THE COMMITTEE'S PROCESS FOR OVERSIGHT OF THE AUDIT, PERFORMED BY AN INDEPENDENT ACCOUNTING FIRM, HAS NOT CHANGED FOR THE REPORTING YEAR. |