TEACH FOR AMERICA INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- TEACH FOR AMERICA INC (EIN 13-3541913)
- Tax period
- 2013-06-01 to 2014-05-31
- Filed
- 2015-04-14
- IRS object ID
- 201531049349301103
- Schema version
- 2013v4.0
- 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
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-04-14T14:33:37-05:00 | ReturnTs |
| Tax Period End | 2014-05-31 | 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 | O'CONNOR DAVIES LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MAMARONECK AVENUE | AddressLine1 |
| City | HARRISON | City |
| State | NY | State |
| ZIP Code | 105281633 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-06-01 | 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 | BusinessNameLine1 |
| 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 | 315 WEST 36TH STREET 8TH FLR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10018 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MIGUEL ROSSY | PersonNm |
| Person Title | CHIEF FINANCE & ADMIN OFFICER | PersonTitleTxt |
| Phone | 2122792080 | PhoneNum |
| Signature | 2015-04-14 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SEE SCHEDULE O | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 WEST 36TH STREET 8TH FLR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10018 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $524,829,910 | 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 | TEACH FOR AMERICA'S (TFA) MISSION IS TO BUILD THE MOVEMENT TO ELIMINATE EDUCATIONAL INEQUALITY BY ENLISTING OUR NATION'S MOST PROMISING LEADERS IN THAT EFFORT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 33 | VotingMembersIndependentCnt |
| Total Employee | 8298 | TotalEmployeeCnt |
| Total Volunteers | 9618 | TotalVolunteersCnt |
| Total Gross UBI | $26,753 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $10,450 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $192,639,730 | PYContributionsGrantsAmt |
| CY Contributions Grants | $294,928,420 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $492,292 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $32,253,073 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,605,913 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,884,603 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,487,405 | PYOtherRevenueAmt |
| CY Other Revenue | $1,037,393 | CYOtherRevenueAmt |
| PY Total Revenue | $196,225,340 | PYTotalRevenueAmt |
| CY Total Revenue | $331,103,489 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $9,521,852 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $23,623,395 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $115,535,371 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $217,908,745 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $33,756,381 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $64,045,853 | PYOtherExpensesAmt |
| CY Other Expenses | $115,855,439 | CYOtherExpensesAmt |
| PY Total Expenses | $189,103,076 | PYTotalExpensesAmt |
| CY Total Expenses | $357,387,579 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,122,264 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$26,284,090 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $470,465,384 | TotalAssetsBOYAmt |
| Total Assets EOY | $493,569,971 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $32,002,432 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $55,739,095 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $438,462,952 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $437,830,876 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TEACH FOR AMERICA'S MISSION IS TO BUILD THE MOVEMENT TO END EDUCATIONAL INEQUALITY BY ENLISTING OUR NATION'S MOST PROMISING FUTURE LEADERS IN THE EFFORT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $59,903,410 | ExpenseAmt |
| Grant | $5,220,879 | GrantAmt |
| Revenue | $31,589,087 | RevenueAmt |
| Desc | TEACHER RECRUITMENT AND SELECTION:TEACH FOR AMERICA ACTIVELY RECRUITS APPLICANTS FROM APPROXIMATELY 450 COLLEGES AND UNIVERSITIES AS WELL AS MEMBERS OF THE MILITARY AND PROFESSIONALS, THEN SELECTS FROM THAT POOL A 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 50,200 APPLICANTS IN 2014) AND CONSULTING A MULTI-STEP SELECTION INTERVIEW PROCESS INCLUDING FINAL DAY-LONG INTERVIEW SESSIONS IN MULTIPLE SITES ACROSS THE COUNTRY. TEACH FOR AMERICA HAS A 15.8% ACCEPTANCE RATE IN THE 2013-2014 ADMISSIONS CYCLE AND APPROXIMATELY 5,300 NEW CORPS MEMBERS BEGAN THEIR TEACHING ASSIGNMENTS IN FALL 2014. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $50,283,556 | ExpenseAmt |
| Grant | $1,301,584 | 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 2014, APPROXIMATELY 5,960 CORPS MEMBERS WERE TRAINED AT ONE OF OUR NINE INSTITUTE CAMPUSES: PHOENIX, AZ; HOUSTON, TX; PHILADELPHIA, PA; LOS ANGELES, CA; NEW YORK, NY; ATLANTA, GA; CHICAGO, IL; CLEVELAND, MS AND TULSA, OK. CORPS MEMBERS ASSIGNED TO THE MEMPHIS AND JACKSONVILLE REGIONS PARTICIPATED IN PILOT REGIONAL INSTITUTE PROGRAMS AND DID NOT ATTEND NATIONAL INSTITUTES. 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 |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $140,109,522 | ExpenseAmt |
| Grant | $7,791,585 | 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 50 REGIONS IN 2014. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $39,908,528 | ExpenseAmt |
| Grant | $9,309,347 | GrantAmt |
| Revenue | $663,986 | 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. MORE THAN TWO THIRD OF OUR 32,000 ALUMNI IN 2014 WERE EMPLOYED AS TEACHERS, AS SCHOOL PRINCIPALS, AS SUPERINTENDENTS OR IN OTHER ROLES DIRECTLY IMPACTING EDUCATION WHILE THE OTHER THIRD WORKED ACROSS SECTORS. APPROXIMATELY 84% OF TEACH FOR AMERICA'S 32,000 ALUMNI IN 2014 WERE DOING MISSION ALIGNED WORK EITHER IN EDUCATION OR IN OTHER PROFESSIONS SERVING LOW INCOME COMMUNITIES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $39,908,528 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $9,309,347 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $663,986 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $290,205,016 | 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 | Yes (1) | 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 | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2915 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 8298 | 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 | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 33 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | 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 | 0 | 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 | NH | 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 | MIGUEL ROSSY CHIEF FINANCE & ADMIN OFFICER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122792080 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 WEST 36TH STREET 8TH FLR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10018 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (46 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| WENDY KOPP | |||||||||
| CHAIR | 8.00 | Yes (X) | Yes (X) | $176,657 | $0 | $9,719 | |||
| STEPHEN F MANDEL JR | |||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| WALTER ISSACSON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PAULA A SNEED | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JIDE ZEITLIN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS H CASTRO | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PAUL FINNEGAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LEW FRANKFORT | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID GERGEN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID W KENNY | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN LEGEND | |||||||||
| 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 | ||||
| JAMES M MCCORMICK | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DARLA MOORE | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD S PECHTER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GREG PENNER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| NANCY PERETSMAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LAURENE POWELL | |||||||||
| DIRECTOR UNTIL SEPT. 2013 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ARTHUR ROCK | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | 2.00 | |||
| VINCE ROIG | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SIR HOWARD STRINGER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KURT STROVINK | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LAWRENCE J STUPSKI | |||||||||
| DIRECTOR UNTIL JUNE 2013 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BEVERLY DANIEL TATUM PHD | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GREGORY W WENDT | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PATRICIA J CRAWFORD | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MILLARD S DREXLER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RANDALL H HARBERT | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOEL KLEIN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD D PARSONS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LAWRENCE SUMMERS | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SARA MARTINEZ TUCKER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOSE H VILLARREAL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | 1.00 | |||
| MEG WHITMAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MAXINE CLARK | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MATTHEW KRAMER | |||||||||
| CO-CEO | 40.00 | Yes (X) | $381,946 | $0 | $30,339 | 2.00 | |||
| ELISA VILLANUEVA BEARD | |||||||||
| CO-CEO | 40.00 | Yes (X) | $342,134 | $0 | $27,116 | ||||
| E MIGUEL ROSSY | |||||||||
| SVP, CFO | 40.00 | Yes (X) | $250,038 | $0 | $12,473 | ||||
| TRACY-ELIZABETH CLAY | |||||||||
| SVP, GENERAL COUNSEL/SECRETARY | 40.00 | Yes (X) | $190,638 | $0 | $15,836 | 1.00 | |||
| JOSHUA GRIGGS | |||||||||
| EVP, CAO | 40.00 | $297,327 | $0 | $22,052 | Yes (X) | ||||
| SUSAN ASIYANBI | |||||||||
| EVP, TEACHER PREP/SUPPORT/DEV | 40.00 | $244,057 | $0 | $6,522 | Yes (X) | ||||
| ELISSA SODHYUN KIM | |||||||||
| EVP, RECRUITMENT & ADMISSIONS | 40.00 | $245,430 | $0 | $13,263 | Yes (X) | ||||
| ERIC SCROGGINS | |||||||||
| EXECUTIVE DIRECTOR | 40.00 | $282,759 | $0 | $5,151 | Yes (X) | ||||
| AIMEE ADELE EUBANKS DAVIS | |||||||||
| EVP, PUBLIC AFFAIRS & ENGAGEMENT | 40.00 | $240,509 | $0 | $30,678 | Yes (X) | ||||
| JEFFREY WETZLER | |||||||||
| EVP, STRATEGY, INNOVATION & ORG. DEV. | 40.00 | $255,683 | $0 | $32,749 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,907,178 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $205,898 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 190 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MATHEMATICA POLICY RESEARCH | |||||
| C/O A/R PO BOX 2393 | PRINCETON | NJ | 085432393 | POLICY RSH CONSULTING | $1,935,903 |
| HURON CONSULTING SERVICES LLC | |||||
| PO BOX 71223 | CHICAGO | IL | 606941223 | FINANCE MANAGEMENT CONSULTING | $1,230,328 |
| ADP INC | |||||
| PO BOX 842875 | BOSTON | MA | 022842875 | PAYROLL/BENEFITS SERVICES | $535,337 |
| CENTER FOR TRANSFORMATIVE TEACHER TRAINI | |||||
| 1559 B SLOAT BLVD 326 | SF | CA | 94132 | TRAINING/CONSULTING | $324,080 |
| ROBERT HALF MANAGEMENT RESOURCES | |||||
| 12400 COLLECTION CENTER DRIVE | CHICAGO | IL | 60693 | STAFFING/RECRUITING AGENCY | $302,924 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 22 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Federated Campaigns | $351,785 | FederatedCampaignsAmt |
| Fundraising | $12,820,962 | FundraisingAmt |
| Government Grants | $73,511,737 | GovernmentGrantsAmt |
| All Other Contributions | $208,243,936 | AllOtherContributionsAmt |
| Noncash Contributions | $70,461,120 | NoncashContributionsAmt |
| Total Contributions | $294,928,420 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SERVICE FEES REVENUE | 611710 | $31,589,087 | $31,589,087 |
| REG/CERTIFICATION FEES | 611710 | $378,121 | $378,121 |
| PUBLICATION REVENUE | 900099 | $285,865 | $285,865 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $32,253,073 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,728,227 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $26,753 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,701,474 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,434,116 | TotalRevenueColumnAmt |
| Exclusion | $1,434,116 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $20,753 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $20,753 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,753 | TotalRevenueColumnAmt |
| Exclusion | $20,753 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $192,744,049 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $192,587,673 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $156,376 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $156,376 | TotalRevenueColumnAmt |
| Exclusion | $156,376 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $559,429 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $12,820,962 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $1,138,748 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$579,319 | TotalRevenueColumnAmt |
| Exclusion | -$579,319 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER INCOME | 900099 | $147,793 | $147,793 |
| COMMISSIONS | 900099 | $11,647 | $11,647 |
| PURCHASING CARD REBATE | 900099 | $2,403 | $2,403 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $161,843 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $331,103,489 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $32,253,073 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $26,753 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,895,243 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,309,347 | TotalAmt |
| Program Services | $9,309,347 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,314,048 | TotalAmt |
| Program Services | $14,314,048 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,596,271 | TotalAmt |
| Program Services | $1,306,607 | ProgramServicesAmt |
| Management And General | $114,786 | ManagementAndGeneralAmt |
| Fundraising | $174,878 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,599,558 | TotalAmt |
| Program Services | $147,820,523 | ProgramServicesAmt |
| Management And General | $12,986,360 | ManagementAndGeneralAmt |
| Fundraising | $19,792,675 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,886,952 | TotalAmt |
| Program Services | $3,999,969 | ProgramServicesAmt |
| Management And General | $351,371 | ManagementAndGeneralAmt |
| Fundraising | $535,612 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,721,172 | TotalAmt |
| Program Services | $13,686,277 | ProgramServicesAmt |
| Management And General | $1,202,252 | ManagementAndGeneralAmt |
| Fundraising | $1,832,643 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,104,792 | TotalAmt |
| Program Services | $11,544,772 | ProgramServicesAmt |
| Management And General | $1,014,135 | ManagementAndGeneralAmt |
| Fundraising | $1,545,885 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $496,097 | TotalAmt |
| Program Services | $1,372 | ProgramServicesAmt |
| Management And General | $488,666 | ManagementAndGeneralAmt |
| Fundraising | $6,059 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,751 | TotalAmt |
| Program Services | $115,166 | ProgramServicesAmt |
| Management And General | $55,725 | ManagementAndGeneralAmt |
| Fundraising | $14,860 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $595,870 | TotalAmt |
| Management And General | $595,870 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $885,516 | TotalAmt |
| Management And General | $885,516 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,679,121 | TotalAmt |
| Program Services | $6,074,937 | ProgramServicesAmt |
| Management And General | $1,243,662 | ManagementAndGeneralAmt |
| Fundraising | $2,360,522 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $743,779 | TotalAmt |
| Program Services | $565,363 | ProgramServicesAmt |
| Management And General | $33,036 | ManagementAndGeneralAmt |
| Fundraising | $145,380 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,737,033 | TotalAmt |
| Program Services | $8,178,490 | ProgramServicesAmt |
| Management And General | $688,912 | ManagementAndGeneralAmt |
| Fundraising | $869,631 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,980,362 | TotalAmt |
| Program Services | $5,639,667 | ProgramServicesAmt |
| Management And General | $1,554,080 | ManagementAndGeneralAmt |
| Fundraising | $786,615 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,488 | TotalAmt |
| Program Services | $93,616 | ProgramServicesAmt |
| Management And General | $15,144 | ManagementAndGeneralAmt |
| Fundraising | $2,728 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,049,939 | TotalAmt |
| Program Services | $12,410,626 | ProgramServicesAmt |
| Management And General | $2,921,361 | ManagementAndGeneralAmt |
| Fundraising | $717,952 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,001,344 | TotalAmt |
| Program Services | $35,528,660 | ProgramServicesAmt |
| Management And General | $1,306,896 | ManagementAndGeneralAmt |
| Fundraising | $2,165,788 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $672,848 | TotalAmt |
| Program Services | $486,379 | ProgramServicesAmt |
| Management And General | $109,530 | ManagementAndGeneralAmt |
| Fundraising | $76,939 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,673 | TotalAmt |
| Program Services | $80,546 | ProgramServicesAmt |
| Management And General | $27,898 | ManagementAndGeneralAmt |
| Fundraising | $10,229 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,582,067 | TotalAmt |
| Program Services | $15,094,775 | ProgramServicesAmt |
| Management And General | $5,446,780 | ManagementAndGeneralAmt |
| Fundraising | $2,040,512 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $545,126 | TotalAmt |
| Program Services | $451 | ProgramServicesAmt |
| Management And General | $544,508 | ManagementAndGeneralAmt |
| Fundraising | $167 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BAD DEBT EXPENSE | $4,705,620 | $2,686,097 | $1,672,929 | $346,594 |
| MISCELLANEOUS EXPENSES | $844,478 | $719,115 | $66,952 | $58,411 |
| INDIRECT SPECIAL EVENT | $409,053 | $164,398 | $21,667 | $222,988 |
| SUBSCRIPTIONS & DUES | $256,449 | $223,276 | $4,246 | $28,927 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $254,825 | TotalAmt |
| Program Services | $160,539 | ProgramServicesAmt |
| Management And General | $73,900 | ManagementAndGeneralAmt |
| Fundraising | $20,386 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,387,579 | TotalAmt |
| Program Services | $290,205,016 | ProgramServicesAmt |
| Management And General | $33,426,182 | ManagementAndGeneralAmt |
| Fundraising | $33,756,381 | 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 | $25,592,248 | BOYAmt |
| EOY | $29,345,861 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,564,807 | BOYAmt |
| EOY | $61,818,664 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,397,528 | BOYAmt |
| EOY | $98,601,069 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $562,535 | BOYAmt |
| EOY | $414,264 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,808,575 | BOYAmt |
| EOY | $8,304,793 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,062,804 | BOYAmt |
| EOY | $10,685,035 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $99,463,868 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,158,062 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,524,092 | BOYAmt |
| EOY | $41,305,806 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,651,481 | BOYAmt |
| EOY | $129,712,356 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,375,941 | BOYAmt |
| EOY | $111,078,363 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,925,373 | BOYAmt |
| EOY | $2,303,760 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $470,465,384 | BOYAmt |
| EOY | $493,569,971 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,110,982 | BOYAmt |
| EOY | $41,035,976 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,056,091 | BOYAmt |
| EOY | $10,830,361 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $649,783 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,185,576 | BOYAmt |
| EOY | $3,872,758 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,002,432 | BOYAmt |
| EOY | $55,739,095 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $240,395,017 | BOYAmt |
| EOY | $206,482,231 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,403,969 | BOYAmt |
| EOY | $114,186,771 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,663,966 | BOYAmt |
| EOY | $117,161,874 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $438,462,952 | BOYAmt |
| EOY | $437,830,876 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $470,465,384 | BOYAmt |
| EOY | $493,569,971 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$26,284,090 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $26,492,560 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$840,546 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $193,027,434 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $243,647,246 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $276,189,772 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $192,639,730 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $294,928,420 | CurrentTaxYearAmt |
| Total | $1,200,432,602 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $193,027,434 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $243,647,246 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $276,189,772 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $192,639,730 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $294,928,420 | CurrentTaxYearAmt |
| Total | $1,200,432,602 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $80,662,954 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,119,769,648 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,320,333 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,191,505 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,493,238 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,428,722 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,172,646 | CurrentTaxYearAmt |
| Total | $14,606,444 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,631 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,990 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $30,551 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $10,450 | CurrentTaxYearAmt |
| Total | $61,622 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,056 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,482,997 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $99,089 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $121,898 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $161,843 | CurrentTaxYearAmt |
| Total | $1,888,883 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,216,989,551 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $106,520,112 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.92010 | PublicSupportCY170Pct |
| Public Support PY170 | 0.91900 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp (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. MISCELLANEOUS - 2010 AMOUNT: $ 655,102. 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. HONORARIUM - 2011 AMOUNT: $ 1,000. COMMISSIONS - 2011 AMOUNT: $ 47,487. 2012 AMOUNT: $ 8,062. 2013 AMOUNT: $ 11,647. REGISTRATION FEES - 2009 AMOUNT: $ 23,056. 2010 AMOUNT: $ 827,895. 2011 AMOUNT: $ 5,445. |
| FORM 990, SCHEDULE A, PART II: EXPLANATION FOR SHORT YEAR FILING IN 2013 | 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, CONTAIN 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 | $4,951 | MailingsMembersAmt |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $924,549 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $929,500 | 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
CY Endwmt Fund CYEndwmtFundGrp
| 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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| 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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| 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 |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $91,697,407 | BeginningYearBalanceAmt |
| Contributions | $27,066,562 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,269,958 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $117,494,011 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $57,789,507 | BeginningYearBalanceAmt |
| Contributions | $30,324,929 | ContributionsAmt |
| Investment Earnings Or Losses | $2,155,906 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$1,427,065 | OtherExpendituresAmt |
| End Year Balance | $91,697,407 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.72100 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.25900 | 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 | $1,024 | DepreciationAmt |
| Book Value | $80,892 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,089,908 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,664,697 | DepreciationAmt |
| Book Value | $8,425,211 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $78,292,044 | OtherCostOrOtherBasisAmt |
| Depreciation | $45,492,341 | DepreciationAmt |
| Book Value | $32,799,703 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $41,305,806 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LIMITED PARTNERSHIPS | Desc |
| Book Value | $111,078,363 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $111,078,363 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED RENT PAYABLE | $2,805,180 |
| OTHER LIABILITIES | $497,903 |
| CAPITAL LEASE OBLIGATION | $569,675 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,872,758 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $360,573,112 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $26,492,560 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $710,455 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $11,692,670 | OtherRevenueAmt |
| Revenue Not Reported | $38,895,685 | RevenueNotReportedAmt |
| Revenue Subtotal | $321,677,427 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $885,516 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $8,540,546 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $9,426,062 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $331,103,489 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $357,715,793 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $710,455 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $8,203,275 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $8,913,730 | ExpensesNotReportedAmt |
| Expenses Subtotal | $348,802,063 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $885,516 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $7,700,000 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $8,585,516 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $357,387,579 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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). AT THE YEAR ENDED MAY 31, 2013, $59,585,944 OF UNRESTRICTED OPERATING RESERVES WERE INCLUDED IN ENDOWMENT NET ASSETS, WHICH WHILE BOARD-DESIGNATED, ARE NOT CONSIDERED BOARD-DESIGNATED FUNDS FUNCTIONING AS ENDOWMENTS. DURING THE YEAR ENDED MAY 31, 2014, THESE OPERATING RESERVES WERE REMOVED FROM ENDOWMENT NET ASSETS. |
| PART X, LINE 2: | TFA IS A NOT-FOR-PROFIT ENTITY AS DESCRIBED IN SECTION 501 (A) OF THE INTERNAL REVENUE CODE (THE"CODE") AND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) AND SIMILAR STATE PROVISIONS. LEE IS A NOT-FOR-PROFIT ENTITY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4) OF THE CODE AND SIMILAR STATE PROVISIONS. LEEF IS IN THE PROCESS OF OBTAINING APPROVAL FOR THEIR TAX EXEMPTION AS DESCRIBED IN SECTION 501(C)(3) OF THE CODE. TFA, LEE AND LEEF FILE A FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF THE POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT HAS EVALUATED TEACH FOR AMERICA'S TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT THERE ARE NO TAX POSITIONS THAT REQUIRED ADJUSTMENT OR DISCLOSURE TO THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. FORMS 990 FILED BY TEACH FOR AMERICA ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. TEACH FOR AMERICA BELIEVES THAT FORMS 990 FILED FOR YEARS ENDED PRIOR TO 2011 ARE NO LONGER SUBJECT TO EXAMINATION. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | REVENUE ATTRIBUTABLE TO CONSOLIDATED ENTITY 11,692,670. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ELIMINATIONS ON CONSOLIDATED FINANCIAL STATEMENTS 7,700,000. GOVERNMENT GRANT REFUND 840,546. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES ATTRIBUTABLE TO CONSOLIDATED ENTITY 8,203,275. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ELIMINATIONS ON CONSOLIDATED FINANCIAL STATEMENTS 7,700,000. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | NY ANNUAL BENEFIT DINNER | NameOfEvent1Amt |
| Gross Receipts Event1 | $5,851,393 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $5,714,218 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $137,175 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $50,586 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $238,701 | FoodAndBeverageEvent1Amt |
| Name Of Event2 | BAY AREA BENEFIT DINNER | NameOfEvent2Amt |
| Gross Receipts Event2 | $1,513,991 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $1,472,541 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $41,450 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $60,244 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $53,693 | FoodAndBeverageEvent2Amt |
| Other Events Total | 10 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $6,015,007 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $5,634,203 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $380,804 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $105,640 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $584,571 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $45,313 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $13,380,391 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $12,820,962 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $559,429 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $216,470 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $876,965 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $45,313 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $1,138,748 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$579,319 | 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 | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1805 7TH STREET NW 8TH FLOOR | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 208848357 | RecipientEIN |
| IRC Section | 501(C)4 | IRCSectionDesc |
| Cash Grant | $9,309,347 | CashGrantAmt |
| Purpose Of Grant | CHARITABLE AND EDUCATIONAL PROGRAMS TO STRENGTHEN INDIVIDUAL AND COLLECTIVE LEADERSHIP | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| CORPS MEMBERS TRANSITIONAL GRANTS | 2342 | $5,964,492 |
| AMGEN AWARDS AND PLACEMENT FUNDING AWARDS | 269 | $969,610 |
| CORPS MEMBERS COURSEWORK GRANTS | 370 | $1,301,583 |
| CORPS MEMBERS EDUCATION AWARDS | 1049 | $6,049,363 |
| OTHER CORPS MEMBERS AWARDS | 8 | $29,000 |
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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WENDY KOPP | ||||||||||||||
| CHAIR | $176,657 | $0 | $0 | $0 | $0 | $0 | $6,833 | $0 | $2,886 | $0 | $186,376 | $0 | $0 | $0 |
| MATTHEW KRAMER | ||||||||||||||
| CO-CEO | $361,946 | $0 | $0 | $0 | $20,000 | $0 | $13,023 | $0 | $17,316 | $0 | $412,285 | $0 | $0 | $0 |
| ELISA VILLANUEVA BEARD | ||||||||||||||
| CO-CEO | $342,134 | $0 | $0 | $0 | $0 | $0 | $9,800 | $0 | $17,316 | $0 | $369,250 | $0 | $0 | $0 |
| E MIGUEL ROSSY | ||||||||||||||
| SVP, CFO | $245,371 | $0 | $0 | $0 | $4,667 | $0 | $0 | $0 | $12,473 | $0 | $262,511 | $0 | $0 | $0 |
| TRACY-ELIZABETH CLAY | ||||||||||||||
| SVP, GENERAL COUNSEL/SECRETARY | $190,638 | $0 | $0 | $0 | $0 | $0 | $5,129 | $0 | $10,707 | $0 | $206,474 | $0 | $0 | $0 |
| JOSHUA GRIGGS | ||||||||||||||
| EVP, CAO | $212,887 | $0 | $0 | $0 | $84,440 | $0 | $7,065 | $0 | $14,987 | $0 | $319,379 | $0 | $0 | $0 |
| SUSAN ASIYANBI | ||||||||||||||
| EVP, TEACHER PREP/SUPPORT/DEV | $244,057 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6,522 | $0 | $250,579 | $0 | $0 | $0 |
| ELISSA SODHYUN KIM | ||||||||||||||
| EVP, RECRUITMENT & ADMISSIONS | $245,430 | $0 | $0 | $0 | $0 | $0 | $8,112 | $0 | $5,151 | $0 | $258,693 | $0 | $0 | $0 |
| ERIC SCROGGINS | ||||||||||||||
| EXECUTIVE DIRECTOR | $282,759 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5,151 | $0 | $287,910 | $0 | $0 | $0 |
| AIMEE ADELE EUBANKS DAVIS | ||||||||||||||
| EVP, PUBLIC AFFAIRS & ENGAGEMENT | $240,509 | $0 | $0 | $0 | $0 | $0 | $8,262 | $0 | $22,416 | $0 | $271,187 | $0 | $0 | $0 |
| JEFFREY WETZLER | ||||||||||||||
| EVP, STRATEGY, INNOVATION & ORG. DEV | $255,683 | $0 | $0 | $0 | $0 | $0 | $8,824 | $0 | $23,925 | $0 | $288,432 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | MIGUEL ROSSY WAS REIMBURSED BY THE ORGANIZATION FOR TAX OBLIGATIONS THAT WERE INCURRED FOR ELECTED MEDICAL COVERAGE. THIS REIMBURSEMENT OF $4,667 WAS INCLUDED IN HIS W-2 WAGES FOR CALENDAR YEAR 2013. JOSHUA GRIGGS WAS REIMBURSED BY THE ORGANIZATION FOR TAX OBLIGATIONS THAT WERE INCURRED FOR TAX HOME GROSS-UP. THIS REIMBURSEMENT OF $84,440 WAS INCLUDED IN HIS W-2 WAGES FOR CALENDAR YEAR 2013. |
| PART I, LINE 7 | TEACH FOR AMERICA ESTABLISHED TWO NEW OFFICER POSITIONS OF CO-CEO, POSITIONS SHARED BETWEEN MATTHEW KRAMER AND ELISA VILLANUEVA BEARD. THE BOARD OF DIRECTORS REVIEWED COMPENSATION SURVEY DATA PROVIDED BY AN OUTSIDE COMPENSATION CONSULTANT, AND CONSIDERED THE DIVISION OF LABOR CREATED BY THE NEW POSITIONS TO ESTABLISH THE BASE COMPENSATION FOR EACH CO-CEO. THE NEWLY ESTABLISHED SALARY FOR THE RANK OF CO-CEO WAS MINIMALLY DIFFERENT FROM THE CURRENT COMPENSATION LEVEL HELD BY MR. KRAMER. AS A RESULT, THE BOARD APPROVED A ONE-TIME $20,000 BONUS TO MR. KRAMER TO RECOGNIZE HIS NEW RANK AS CO-CEO, AND THE NEW RESPONSIBILITIES THEREIN. THE AMOUNT OF MR. KRAMER'S BONUS WAS IN LINE WITH THE BENCHMARK OF COMPENSATION INCREASES RECEIVED IN PRIOR PERIODS. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 83 | ContributionCnt |
| Noncash Contributions Rpt F990 | $69,209,941 | 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 | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $12,223 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SALES PRICE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | IT HARDWARE | 1 | $1,215,156 | SALES PRICE |
| Yes (X) | AIRLINE FARES | 1 | $18,200 | SALES PRICE |
| Yes (X) | CENTERPIECES | 1 | $5,600 | SALES PRICE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | 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 (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, BOX F: | THE ORGANIZATION HAS TWO PRINCIPAL OFFICERS: - MATT KRAMER, CO-CEO - ELISA VILLANUEVA-BEARD, CO-CEO |
| FORM 990, PART I, LINE 9: | TEACH FOR AMERICA COLLECTS FEES FOR PROGRAM SERVICES WHEN TEACHERS ARE HIRED BY SCHOOLS AND DISTRICTS IN THEIR RESPECTIVE ASSIGNED LOCATIONS. THIS OCCURS IN SEPTEMBER, AT THE BEGINNING OF EACH SCHOOL YEAR. IN 2013, TFA CHANGED THE ACCOUNTING PERIOD FROM OCTOBER 1 THROUGH SEPTEMBER 30 TO JUNE 1 THROUGH MAY 31. AS A RESULT OF THE CHANGE IN FISCAL YEAR END, THE FEE FOR SERVICE COLLECTIONS EXPECTED AND POSTED IN SEPTEMBER ARE NOT REFLECTED IN THE 2012 FORM 990. HOWEVER, IN FISCAL YEAR 2014, THE FEES FOR SERVICE WERE COLLECTED AS EXPECTED AND POSTED IN SEPTEMBER WHICH ACCOUNTS FOR THE INCREASE IN PROGRAM SERVICE REVENUE IN 2013 FORM 990. |
| FORM 990, PART VI, SECTION A, LINE 8B | ALL OF THE MEETINGS OF THE AUDIT, FINANCE, AND GOVERNANCE COMMITTEES OF THE BOARD WERE DOCUMENTED THROUGH MINUTES AND THE MAJORITY OF THE REMAINING 7 COMMITTEES WERE SIMILARLY DOCUMENTED BUT NOT ALL. DURING FISCAL YEAR 2014, THERE WERE 4 COMMITTEES THAT DID NOT MEET AND NO MINUTES WERE AVAILABLE. IN FISCAL YEAR 2014, TEACH FOR AMERICA ENGAGED CONSULTANTS TO REVIEW ITS BOARD COMMITTEE STRUCTURE THAT RESULTED IN STREAMLINING THE STRUCTURE FROM 11 COMMITTEES TO JUST 4 - AUDIT, EXECUTIVE, FINANCE AND GOVERNANCE. |
| 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 DRAFT OF THE 990 WAS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. ONCE ALL QUESTIONS AND COMMENTS FROM THE AUDIT COMMITTEE WERE ADDRESSED, A FINAL VERSION OF THE DRAFT 990 FORM WAS MADE AVAILABLE TO THE EXECUTIVE COMMITTEE OF THE BOARD WHICH PROVIDES GENERAL OVERSIGHT OF THE BOARD OF DIRECTORS AND IS AUTHORIZED TO MAKE DECISIONS ON THEIR BEHALF DURING INTERVALS BETWEEN MEETINGS OF THE FULL BOARD. THE FULL BOARD RECCEIVES A COPY OF THE DRAFT 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 BOARD 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 2014 AND CONCLUDING IN MAY 2014. |
| FORM 990, PART VI, SECTION C, LINE 19 | TEACH FOR AMERICA MAKES ITS FORM 990 AVAILABLE TO THE 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 FOR WENDY KOPP, MATTHEW KRAMER, AND ELISA VILLANUEVA BEARD IS REPORTED FOR THE PERIOD JANUARY 1, 2013 THROUGH DECEMBER 31, 2013. WENDY KOPP WAS PAID AS CEO THROUGH FEBRUARY 28, 2013, AT WHICH TIME SHE BECAME CHAIR OF THE BOARD FROM THE PERIOD MARCH 1, 2013 THROUGH MAY 31, 2013 AND RECEIVED COMPENSATION FOR FUNDRAISING, SPOKESPERSON, AND STRATEGIC CONTRIBUTIONS. MATTHEW KRAMER AND ELISA VILLANUEVA BEARD WERE PRESIDENT AND COO, RESPECTIVELY, THROUGH FEBRUARY 28, 2013, UNTIL APPOINTED CO-CEOS BEGINNING MARCH 1, 2013. |
| 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 HIRE CORPS MEMBERS FOR OPEN TEACHING POSITIONS WITHIN THEIR SCHOOL DISTRICTS. TEACH FOR AMERICA RECOGNIZES THE REVENUE RELATED TO THESE CONTRACTUAL AGREEMENTS AS EARNED, THAT IS, WHEN THE CORPS MEMBERS IS PLACED. |
| FORM 990, PART X, LINES 27 - 29: | 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 FOR FUTURE TIME PERIODS. ONCE THESE RESTRICTIONS HAVE BEEN 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. IN FY14, OUR NET ASSETS FALL INTO THE FOLLOWING CATEGORIES: - APPROXIMATELY 20% 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 27% IS THE BODY OF OUR ENDOWMENT AND THUS CANNOT BE SPENT ON PROGRAMMING. IN FY14, OUR ENDOWMENT GENERATED APPROXIMATELY $19.3 MILLION IN ANNUAL RETURNS AVAILABLE FOR CURRENT USAGE, WHICH IS SPREAD BETWEEN THE NATIONAL ORGANIZATION AND OUR REGIONS; - APPROXIMATELY 8% IS FIXED ASSETS, WHICH INCLUDES ITEMS SUCH AS DEPRECIATING SOFTWARE, FURNITURE, TECHNOLOGY AND OTHER CAPITAL INVESTMENTS FROM PRIOR YEARS; - APPROXIMATELY 19% IS CASH OR EQUIVALENTS. TEACH FOR AMERICA AIMS TO MAINTAIN A MINIMUM OPERATING RESERVE OF AROUND 25% OF ANNUAL EXPENSES THROUGHOUT THE YEAR, OR 3 MONTHS OF EXPENSES, WHICH IS THE BOTTOM OF THE RANGE OF 3-6 MONTHS RECOMMENDED BY BOTH THE NATIONAL COUNCIL FOR NON-PROFITS AND THE NONPROFITS ASSISTANCE FUND. |
| FORM 990, PART XI, LINE 9: | GOVERNMENT GRANT REFUND -840,546. |
| 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. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| LEADERSHIP FOR EDUCATIONAL EQUITYINC | ||||||||||
| 1805 7TH STREET NW 8TH FLOOR | WASHINGTON | DC | 20001 | 208848357 | PUBLIC POLICY | DC | 501(C)(4) | TEACH FOR AMERICAINC | Yes (1) | |
| LEADERSHIP FOR EDUCATIONAL EQUITY FOUNDATION | ||||||||||
| 1805 7TH STREET NW 8TH FLOOR | WASHINGTON | DC | 20001 | 462093041 | EDUCATION AND PUBLIC POLICY TO ACHIEVE EDUCATIONAL EQUITY | DE | 501(C)(3) | LEADERSHIP FOR EDUCATIONAL EQUITY INC | Yes (1) | LINE 7 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LEADERSHIP FOR EDUCATIONAL EQUITY | ||
| B | $9,309,347 | COST |
| LEADERSHIP FOR EDUCATIONAL EQUITY | ||
| N | $244,351 | COST |