2013-05-14T17:16:58-05:00 2012-09-30 271728945 O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2011-10-01 133541913 TEACH FOR AMERICA INC TEAC 2122792080 315 WEST 36TH STREET 8TH FLOOR NEW YORK NY 10018 MIGUEL ROSSY 2122792080 2013-05-14 1 GARRETT M HIGGINS P00543209 9143818900 2013-05-13 2011 2016-02-24 21:20:13Z SEE SCHEDULE O 315 WEST 36TH STREET 8TH FLOOR NEW YORK NY 10018 385902669 0 X WWW.TEACHFORAMERICA.ORG X 1989 CT TEACH FOR AMERICA'S (TFA) MISSION IS TO BUILD THE MOVEMENT TO ELIMINATE (CONTINUED) EDUCATIONAL INEQUALITY BY ENLISTING OUR NATION'S MOST PROMISING LEADERS IN THAT EFFORT. 38 37 7323 11608 43714 30551 243647246 276189772 25011766 28823196 102728 316024 1711110 1511794 270472850 306840786 4952527 7102422 0 0 129915226 153077074 0 0 25343806 83829472 90826726 218697225 251006222 51775625 55834564 372603252 447431900 21916144 28333586 350687108 419098314 X 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. 0 0 44005919 4340654 28694997 TEACHER RECRUITMENT AND SELECTION:TEACH FOR AMERICA RECRUITS AND SELECTS A TEACHING CORPS OF OUTSTANDING COLLEGE GRADUATES TO TEACH THE NATION'S MOST UNDERSERVED STUDENTS. THE RECRUITMENT AND SELECTION PROCESS CONSISTS OF SCHEDULING AND ATTENDING ON-AND OFF-CAMPUS RECRUITING EVENTS, PROCESSING APPLICATIONS (APPROXIMATELY 48,000 IN BOTH 2012 AND 2011), AND CONDUCTING DAY-LONG INTERVIEW SESSIONS IN MULTIPLE SITES ACROSS THE COUNTRY. TEACH FOR AMERICA HAD APPROXIMATELY 5,800 AND 5,100 NEW CORPS MEMBERS WHO BEGAN THEIR FALL TEACHING ASSIGNMENTS IN 2012 AND 2011, RESPECTIVELY. 38615810 PRE-SERVICE INSTITUTE:FOR INCOMING CORPS MEMBERS, TEACH FOR AMERICA CONDUCTS INTENSIVE SUMMER TRAINING INSTITUTES HELD ON UNIVERSITY CAMPUSES AND IN CONJUNCTION WITH LOCAL PUBLIC SCHOOL DISTRICTS. IN 2012, APPROXIMATELY 5,800 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. AS A PART OF TEACH FOR AMERICA'S ONGOING RELATIONSHIP IN THE FOLLOWING INSTITUTE CITIES, CORPS MEMBERS TEACH STUDENTS WHO ENROLL IN THE PUBLIC SUMMER SCHOOL PROGRAMS HOSTED BY THE PARTNER SCHOOL DISTRICTS AND PARTICIPATING PUBLIC CHARTER SCHOOLS: (CONTINUED)- ATLANTA (ATLANTA PUBLIC SCHOOLS AND SHELTERING ARMS ECE CENTERS)- CHICAGO (CHICAGO PUBLIC SCHOOLS; GALAPAGOS CHARTER ELEMENTARY; ONE HOPE UNITED AND ADA S. MCKINLEY)- DELTA (CLEVELAND PUBLIC SCHOOLS; CLARKSDALE PUBLIC SCHOOLS; WEST TALLAHATCHIE PUBLIC SCHOOLS; HOLLANDALE PUBLIC SCHOOLS; HUMPHREYS COUNTY PUBLIC SCHOOLS; WEST BOLIVAR COUNTY PUBLIC SCHOOLS; QUITMAN COUNTY PUBLIC SCHOOLS AND LAKESIDE PUBLIC SCHOOLS)- HOUSTON (HOUSTON INDEPENDENT SCHOOL DISTRICT)- LOS ANGELES (LOS ANGELES UNITED SCHOOL DISTRICT; WESTSIDE CHILDREN'S CENTER; ALLIANCE SCHOOLS AND GABRIELLA CHARTER SCHOOL)- NEW YORK CITY (NEW YORK CITY PUBLIC SCHOOLS; BRONX LIGHTHOUSE; DEMOCRACY PREP; URBAN ASSEMBLY SCHOOLS; WILLIAMSBURG PREP; SOUTH BRONX CLASSICAL AND ST. HOPE ACADEMY)- PHILADELPHIA (MASTERY CHARTER SCHOOLS; KIPP CHARTER SCHOOLS; SCHOLAR ACADEMICS; DELAWARE VALLEY CHARTER HIGH SCHOOL; MARIANA BRACETTI ACADEMY CHARTER SCHOOL; BELMONT ACADEMY CHARTER SCHOOL; BOYS' LATIN OF PHILADELPHIA)- PHOENIX (ROOSEVELT ELEMENTARY SCHOOL DISTRICT; OSBORN ELEMENTARY SCHOOL DISTRICT; AGUA FRIA UNION HIGH SCHOOL DISTRICT; TOLLESON UNION HIGH SCHOOL DISTRICT; IMAGINE CHARTER SCHOOLS AND GREAT HEART ACADEMIES)- TULSA (TULSA PUBLIC SCHOOLS AND THE COMMUNITY ACTION PROJECT) 103905495 725968 PLACEMENT, PROFESSIONAL DEVELOPMENT, EDUCATION AWARDS, AND OTHER:TEACH FOR AMERICA PLACES CORPS MEMBERS IN VARIOUS URBAN AND RURAL REGIONS THROUGHOUT THE UNITED STATES. IN EACH REGION, TEACH FOR AMERICA HAS REGIONAL OFFICES, WHICH ARE RESPONSIBLE FOR PLACING CORPS MEMBERS IN SCHOOLS, MONITORING PROGRESS THROUGHOUT THEIR TWO-YEAR COMMITMENT, PROVIDING OPPORTUNITIES FOR ONGOING PROFESSIONAL DEVELOPMENT, AND HELPING CORPS MEMBERS TO FEEL PART OF A NATIONAL CORPS. IN 2012 AND 2011, TEACH FOR AMERICA PLACED CORPS MEMBERS IN 46 AND 43 REGIONS, RESPECTIVELY. 20026275 2035800 128199 ALUMNI AFFAIIRSTEACH FOR AMERICA HAS AN ALUMNI BASE OF FORMER CORPS MEMBERS ALL OVER THE WORLD. THESE INDIVIDUALS PRESENT A POWERFUL OPPORTUNITY TO CONTINUE TO IMPACT THE EDUCATION COMMUNITY THROUGH MANAGEMENT AND GOVERNMENT POSITIONS. IN RECOGNITION OF THE IMPORTANCE OF ITS ALUMNI BASE, TEACH FOR AMERICA INCREASED ITS BUDGET FOR ALUMNI AFFAIRS IN FISCAL 2012. 20026275 2035800 128199 206553499 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 1339 0 7323 1 1 1 0 0 0 0 1 1 0 0 0 0 X 38 37 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X X MIGUEL ROSSY CHIEF FINANCE & ADMIN OFFICER 2122792080 315 WEST 36TH STREET 8TH FLOOR NEW YORK NY 10018 WALTER ISAACSON 1.00 X X 0 0 0 PAULA A SNEED 1.00 X X 0 0 0 JIDE ZEITLIN 1.00 X X 0 0 0 LAURA ARNOLD 1.00 X 0 0 0 MAXINE CLARK 1.00 X 0 0 0 THOMAS H CASTRO 1.00 X 0 0 0 PAUL FINNEGAN 1.00 X 0 0 0 LEW FRANKFORT 1.00 X 0 0 0 DAVID GERGEN 1.00 X 0 0 0 LEO J HINDERY JR 1.00 X 0 0 0 DAVID W KENNY 1.00 X 0 0 0 JOHN LEGEND 1.00 X 0 0 0 SUE LEHMANN 1.00 X 0 0 0 MICHAEL LOMAX PHD 1.00 X 0 0 0 STEPHEN F MANDEL JR 1.00 X 0 0 0 JAMES M MCCORMICK 1.00 X 0 0 0 DARLA MOORE 1.00 X 0 0 0 RICHARD S PECHTER 1.00 X 0 0 0 GREG PENNER 1.00 X 0 0 0 NANCY PERETSMAN 1.00 X 0 0 0 LAURENE POWELL 1.00 X 0 0 0 ARTHUR ROCK 1.00 X 0 0 0 VINCE ROIG 1.00 X 0 0 0 SIR HOWARD STRINGER 1.00 X 0 0 0 KURT STROVINK 1.00 X 0 0 0 LAWRENCE J STUPSKI 1.00 X 0 0 0 BEVERLY DANIEL TATUM PHD 1.00 X 0 0 0 GREGORY W WENDT 1.00 X 0 0 0 WENDY KOPP 40.00 X X 416876 0 30652 PATRICIA J CRAWFORD 1.00 X 0 0 0 MILLARD S DREXLER 1.00 X 0 0 0 RANDALL H HARBERT 1.00 X 0 0 0 JOEL KLEIN 1.00 X 0 0 0 RICHARD D PARSONS 1.00 X 0 0 0 LAWRENCE SUMMERS 1.00 X 0 0 0 SARA MARTINEZ TUCKER 1.00 X 0 0 0 JOSE H VILLARREAL 1.00 X 0 0 0 MEG WHITMAN 1.00 X 0 0 0 MATTHEW KRAMER 40.00 X 324906 0 30771 TRACY-ELIZABETH CLAY 40.00 X 175613 0 13681 OSMAN KURTULUS 40.00 X 169391 0 22842 MIGUEL ROSSY 40.00 X 265239 0 10073 ERIC SCROGGINS 40.00 X 255436 0 25968 ELISA VILLANUEVA BEARD 40.00 X 238440 0 26142 SUSAN ASIYANBI 40.00 X 223289 0 5099 ELISSA KIM 40.00 X 224035 0 16079 JOSHUA GRIGGS 40.00 X 181741 0 21743 JEFF WETZLER 40.00 X 221826 0 25826 AIMEE EUBANKS DAVIS 40.00 X 214412 0 25224 ELLEN SHEPARD 40.00 X 221638 0 11515 MONIQUE AYOTTE-HOELTZEL 40.00 X 203765 0 9028 THEODORE C QUINN 40.00 X 180483 0 13854 3517090 0 288497 190 0 1 0 DELOITTE CONSULTING LLP TWO WORLD FINANCIAL CENTER NEW YORK NY 10001 SOFTWARE DEVELOPMENT CONSULTING 4222376 GEMINI SYSTEMS 61 BROADWAY SUITE 925 NEW YORK NY 10006 SOFTWARE DEVELOPMENT CONSULTING 1401655 M MOSER ASSOCIATES LLC 257 PARK AVENUE SOUTH SUITE 1101 NEW YORK NY 10010 ARCHITECTURAL DESIGN 935500 AVAILABLITY SERVICES COLLECTION CENTER DRIVE CHICAGO IL 60693 HOSTING, NETWORK, SECURITY AND STORAGE S 341940 TEL NETWORKS USA 243 5TH AVENUE SUITE 808 NEW YORK NY 10016 INFORMATION TECHNOLOGY 305958 21 220000 3110672 61546661 211312439 25008062 276189772 FEE FOR SERVICE REV. 611710 28742484 28742484 PUBLICATION REVENUE 900099 80712 80712 28823196 411591 43714 367877 1813000 1813000 268647 0 268647 268647 268647 77695576 77791143 -95567 -95567 -95567 601798 3110672 1270740 -668942 -668942 OTHER INCOME 900099 51602 51602 COMMISSIONS 900099 47487 47487 99089 306840786 28823196 43714 1784104 2035800 2035800 5066622 5066622 2440323 1316148 500887 623288 126019083 103879210 9049754 13090119 3476589 2865799 249663 361127 10591314 8707029 760826 1123459 10549765 8639199 784349 1126217 407068 174716 124188 108164 179330 121945 43039 14346 244068 244068 748046 748046 8800080 4735702 1571780 2492598 982424 612300 132467 237657 10160120 8332596 788988 1038536 4068244 3558035 148165 362044 58555 32430 10434 15691 11486037 10447071 381213 657753 21079837 18665272 987059 1427506 465282 411989 21786 31507 147919 38987 77204 31728 17655108 13602479 2012257 2040372 387651 102172 202329 83150 STUDENT MEALS & LODGING 9849534 9848244 1014 276 CORPS MEMBER SUPPORT 2365337 2189876 485 174976 BAD DEBT EXPENSE 902480 237864 471036 193580 MISCELLANEOUS EXPENSES 693786 633228 10003 50555 145820 54718 31945 59157 251006222 206553499 19108917 25343806 31536694 46363860 44808362 4753402 155058043 159921014 15677477 19560170 8888097 10582940 3949629 5069597 100055041 56389296 39283422 43665745 8363821 63587936 64321828 92459405 715879 1467831 372603252 447431900 18556294 22541366 1385766 221455 3499287 679964 1752629 1612969 21916144 28333586 X 166396200 208656889 95129045 106279552 89161863 104161873 350687108 419098314 372603252 447431900 X 55834564 12576642 X X 0 1 1 X 1 1 X 142345312 251515886 193027434 243647246 276189772 1106725650 142345312 251515886 193027434 243647246 276189772 1106725650 74768038 1031957612 1519476 471601 2320333 2191505 2493238 8996153 9631 10990 30551 51172 131067 202025 23056 1482997 99089 1938234 1117711209 105823965 0.92330 0.92140 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: 2007 2008 2009 2010 2011 REGISTRATION FEES 23,056 827,895 5,445 COMMISSIONS 47,487 HONORARIUM 1,000 MISC. INCOME 131,067 202,025 655,102 1,833 OTHER EVENTS REVENUE 43,324 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 1726 0 0 1 554244 0 0 555970 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: 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, LEGISLATION PERMITTING TEACH FOR AMERICA TO BE RECOGNIZED BY THE STATE AS AN ALTERNATIVE PATHWAY TO TEACH LICENSURE AND EXPANSION OF CHARTER SCHOOLS. AT THE FEDERAL LEVEL, TEACH FOR AMERICA STAFF INTERFACED WITH MEMBERS OF CONGRESS, AS WELL AS PERSONAL AND COMMITTEE STAFF, IN SUPPORT OF ADEQUATE FEDERAL FUNDING FOR TEACH FOR AMERICA AND THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE. IN ADDITION, TEACH FOR AMERICA LOBBIED FOR SPECIFIC LEGISLATIVE PROVISIONS BENEFICIAL TO IT BOTH WITHIN AND OUTSIDE THE CONTEXT OF THE REAUTHORIZATION OF THE ELEMENTARY AND SECONDARY EDUCATION ACT (ESEA). 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. 117494011 32338964 10967768 160800743 91697407 27066562 -1269958 117494011 57789507 30324929 2155906 -1427065 91697407 36973033 20000010 1461329 644865 57789507 0.36050 0.55450 0.08500 0 0 16070606 9890479 6180127 83841026 46498817 37342209 143409 143409 43665745 LIMITED PARTNERSHIPS 92459405 F 92459405 DEFERRED RENT PAYABLE 1300000 OTHER LIABILITIES 312969 1612969 306840786 251006222 55834564 11204271 1372371 12576642 68411206 319400413 11204271 289146 3850056 15343473 304056940 748046 2035800 2783846 306840786 252557802 289146 4046280 4335426 248222376 748046 2035800 2783846 251006222 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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). DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: TFA FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS STANDARD PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE STANDARD ALSO PROVIDES GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES. ADOPTION OF THIS STANDARD, HAD NO MATERIAL IMPACT ON THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE TAX YEARS ENDED 2009, 2010, 2011 AND 2012 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. TFA HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; IDENTIFY AND REPORT UNRELATED INCOME; DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. PART XI, LINE 8 - OTHER ADJUSTMENTS: EXPIRATION OF EDUCATION AWARDS 1,372,371. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTABLE TO RELATED PARTY 3,850,056. PART XII, LINE 4B - OTHER ADJUSTMENTS: ELIMINATIONS ON CONSOLIDATED FINANCIAL STATEMENTS 2,035,800. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ATTRIBUTABLE TO RELATED PARTY 4,046,280. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ELIMINATIONS ON CONSOLIDATED FINANCIAL STATEMENTS 2,035,800. NY 2012 GALA 1053860 974480 79380 23875 252714 1671 HOUSTON 2012 GALA 356500 256000 100500 3700 60626 10 2302110 1880192 421918 75843 581718 17428 253165 3712470 3110672 601798 103418 895058 17428 254836 1270740 -668942 CHARITABLE CONTRIBUTIONS PART II, LINE 2: TEACH FOR AMERICA RECOGNIZES SPECIAL EVENT REVENUE ONLY TO THE EXTENT OF THE FAIR MARKET VALUE OF THE DIRECT BENEFIT TO DONORS AND THE REMAINING FUNDS ARE RECOGNIZED AS CONTRIBUTIONS. THEREFORE, THE AMOUNT OF CHARITABLE CONTRIBUTIONS FROM FUNDRAISING EVENTS HAS BEEN REPORTED AS ZERO ON THE FORM 990, PART VIII, LINE 1C AND 8A AS WELL AS SCHEDULE G, PART II, LINE 2. 1 LEADERSHIP FOR EDUCATIONAL EQUITY 315 WEST 36TH STREET NEW YORK NY 10018 208848357 501(C)4 2035800 GENERAL SUPPORT 0 1 CORPS MEMBERS TRANSITIONAL GRANTS 3126 5013606 CORPS MEMBER COURSEWORK GRANTS 294 53016 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: 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. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 WENDY KOPP 416876 0 0 0 0 0 16400 0 14252 0 447528 0 0 0 MATTHEW KRAMER 324906 0 0 0 0 0 16622 0 14149 0 355677 0 0 0 TRACY-ELIZABETH CLAY 175613 0 0 0 0 0 8644 0 5037 0 189294 0 0 0 OSMAN KURTULUS 169391 0 0 0 0 0 8871 0 13971 0 192233 0 0 0 MIGUEL ROSSY 265239 0 0 0 0 0 0 0 10073 0 275312 0 0 0 ERIC SCROGGINS 255436 0 0 0 0 0 0 0 25968 0 281404 0 0 0 ELISA VILLANUEVA BEARD 238440 0 0 0 0 0 12094 0 14048 0 264582 0 0 0 SUSAN ASIYANBI 223289 0 0 0 0 0 0 0 5099 0 228388 0 0 0 ELISSA KIM 224035 0 0 0 0 0 11201 0 4878 0 240114 0 0 0 JOSHUA GRIGGS 181741 0 0 0 0 0 9014 0 12729 0 203484 0 0 0 JEFF WETZLER 221826 0 0 0 0 0 11785 0 14041 0 247652 0 0 0 AIMEE EUBANKS DAVIS 214412 0 0 0 0 0 11195 0 14029 0 239636 0 0 0 ELLEN SHEPARD 156315 0 0 0 65323 0 7925 0 3590 0 233153 0 0 0 MONIQUE AYOTTE-HOELTZEL 203765 0 0 0 0 0 3950 0 5078 0 212793 0 0 0 THEODORE C QUINN 180483 0 0 0 0 0 9026 0 4828 0 194337 0 0 0 PART I, LINE 1A MIGUEL ROSSY WAS REIMBURSED BY THE ORGANIZATION FOR TAX OBLIGATIONS THAT WERE INCURRED FOR ELECTED MEDICAL COVERAGE. THIS REIMBURSEMENT OF $11,553 WAS INCLUDED IN HIS W-2 WAGES FOR CALENDAR YEAR 2011. PART I, LINE 4A ELLEN SHEPARD RECEIVED A SEVERANCE PAYMENT OF $65,323 WHICH WAS INCLUDED IN HER 2011 W-2. X 582 24990573 FAIR MARKET VALUE X 4 9152 FAIR MARKET VALUE X SUPPLIES 3 6378 FAIR MARKET VALUE X IPADS 4 1959 FAIR MARKET VALUE 0 0 1 1 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS CONTRIBUTED IN PART I COLUMN (B). THIRD PARTY USE: PART I, LINE 32B: THE ORGANIZATION ENGAGES THE SERVICES OF INVESTMENT COMPANIES TO HOLD STOCK AND BOND DONATIONS FROM CONTRIBUTORS. THE INVESTMENT COMPANIES THEN SELL THE INVESTMENTS ON THE ORGANIZATION'S BEHALF. FORM 990, BOX F: THE ORGANIZATION HAS TWO PRINCIPAL OFFICERS: - MATT KRAMER, CO-CEO - ELISA VILLANUEVA-BEARD, CO-CEO FORM 990, PART VI, SECTION A, LINE 8B ALL OF THE MEETINGS OF THE FINANCE AND/OR AUDIT COMMITTEES OF THE BOARD WERE DOCUMENTED THROUGH MINUTES AND THE MAJORITY OF THE OTHER 7 COMMITTEES WERE SIMILARLY DOCUMENTED BUT NOT ALL. TEACH FOR AMERICA IS IN THE PROCESS OF IMPLEMENTING A DOCUMENTATION PROTOCOL FOR ALL SUBCOMMITTEES AND TWO SUBCOMMITTEES HAVE ALREADY DONE SO. 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. FORM 990, PART VI, SECTION B, LINE 12C TEACH FOR AMERICA REQUIRES DIRECTORS, OFFICERS, KEY EMPLOYEES AND OTHER COVERED EMPLOYEES TO ANNUALLY CERTIFY THEIR COMPLIANCE WITH THE ORGANIZATIONAL CONFLICT OF INTEREST POLICY. THE ORGANIZATION IS ESTABLISHING A PROCESS TO ENSURE CONSISTENT COMPLIANCE WITH THE CERTIFICAITON PROCESS. IN ADDITION, ANY PERSONS WITH CONFLICTS WILL BE PRECLUDED FROM VOTING OR INFLUENCING THE TRANSACTION FOR WHICH THEY HAVE A CONFLICT OF INTEREST. 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 OPERATING COMMITTEE MEMBERS AND OTHER KEY OFFICERS ARE APPROPRIATE AND IN LINE WITH THOSE OF COMPARABLE ORGANIZATIONS. COMPENSATION IS SET AND ADJUSTED ANNUALLY AT TEACH FOR AMERICA. EACH YEAR, THE EXECUTIVE VICE PRESIDENT, PEOPLE, COMMUNITY AND DIVERSITY AND CHIEF PEOPLE OFFICER RECOMMEND BASELINE ADJUSTMENTS TO THE FINANCE COMMITTEE, WHICH ARE THEN APPROVED BY THE BOARD. THESE RECOMMENDATIONS ARE BASED LARGELY ON RESULTS FROM INDEPENDENT COMPENSATION STUDIES IN MOST YEARS. IN THE YEARS WHERE THE ORGANIZATION DOES NOT UNDERTAKE SUCH A STUDY, THE ORGANIZATION USE GUIDING PRINCIPLES TO DETERMINE THE CORRECT RELATIVE POSITIONING FOR STAFF MEMBERS' SALARIES. THESE GUIDELINES INCLUDE PAYING ABOVE AVERAGE RELATIVE TO THE NON-PROFIT ORGANIZATIONS BUT NOT AT THE TOP OF THE MARKET, ADHERING TO INTERNAL EQUITY AND ENSURING WE ARE PAYING FAIRLY AND COMPETITIVELY OVER THE COURSE OF STAFF MEMBER CAREERS IN THE ORGANIZATION. IN ADDITION, ON AN ANNUAL BASIS, THE ORGANIZATION CONDUCTS A COMPENSATION REVIEW PROCESS WHERE STAFF MEMBERS ARE EVALUATED FOR SALARY ADJUSTMENTS BASED ON THEIR ABILITY TO CONTRIBUTE TO THE ORGANIZATION, IF/WHETHER THEIR ROLES ARE IMPACTED BY CHANGES IN SCALE OF THE ORGANIZATION AND IF/WHETHER THEIR POSITIONS WARRANT AN INTERNAL, EXTERNAL OR GEOGRAPHIC MARKET ADJUSTMENT. MANAGERS PROVIDE QUALITATIVE GUIDANCE, TEAM LEADERS MAKE PERCENTAGE RECOMMENDATIONS AND SENIOR MANAGEMENT CALIBRATES TO ENSURE SALARIES ARE FAIR AND COMPETITIVE ACROSS THE ORGANIZATION AND REFLECTIVE OF OUR COMPENSATION PHILOSOPHY. 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 CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FEES FOR SERVICE REVENUE: FORM 990, PART VIII, LINE 2A: 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 11,204,271. EXPIRATION OF EDUCATION AWARDS 1,372,371. TOTAL TO FORM 990, PART XI, LINE 5: 12,576,642. 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. LEADERSHIP FOR EDUCATIONAL EQUITY 315 WEST 36TH STREET NEW YORK NY 10018 208848357 PUBLIC POLICY NY 501(C)4 N/A TEACH FOR AMERICA INC 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 LEADERSHIP FOR EDUCATIONAL EQUITY N 173704 COST LEADERSHIP FOR EDUCATIONAL EQUITY B 2035800 COST