Civic Intelligence

Teach for America Inc

EIN 13-3541913 • 501(c)3 • New York, NY

Profile

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.

25 Broadway 12th FloorNew York, NY 10004

www.teachforamerica.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

39th percentile

0.20x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2023

Liabilities / Revenue

41st percentile

0.38x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2023

Net Margin

16th percentile

-8.2%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2023

Top Officer Pay

35th percentile

$544,767

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

51st percentile

5.7%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Revenue Growth

83rd percentile

25%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Assets

Up

$558,167,241

Up $30,982,659 (+5.9%) from 2023

Liabilities

Down

$78,202,335

Down $25,345,955 (-24%) from 2023

Net Assets

Up

$479,964,906

Up $56,328,614 (+13%) from 2023

Revenue

Down

$221,427,136

Down $54,144,939 (-20%) from 2023

Expenses

Down

$245,374,006

Down $52,782,455 (-18%) from 2023

Net Income

Down

-$23,946,870

Down $1,362,484 (-6.0%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600M$400M$200M$0Assets 2010: $337,962,466Liabilities 2010: $38,119,026Net Assets 2010: $299,843,4402010Assets 2011: $372,603,252Liabilities 2011: $21,916,144Net Assets 2011: $350,687,1082011Assets 2012: $447,431,900Liabilities 2012: $28,333,586Net Assets 2012: $419,098,3142012Assets 2013: $470,465,384Liabilities 2013: $32,002,432Net Assets 2013: $438,462,9522013Assets 2014: $493,569,971Liabilities 2014: $55,739,095Net Assets 2014: $437,830,8762014Assets 2015: $444,449,299Liabilities 2015: $67,704,722Net Assets 2015: $376,744,5772015Assets 2016: $402,838,394Liabilities 2016: $59,676,300Net Assets 2016: $343,162,0942016Assets 2017: $420,050,412Liabilities 2017: $60,410,093Net Assets 2017: $359,640,3192017Assets 2018: $436,749,428Liabilities 2018: $70,025,298Net Assets 2018: $366,724,1302018Assets 2019: $460,149,310Liabilities 2019: $60,028,609Net Assets 2019: $400,120,7012019Assets 2020: $456,147,778Liabilities 2020: $49,850,282Net Assets 2020: $406,297,4962020Assets 2021: $580,511,174Liabilities 2021: $54,374,797Net Assets 2021: $526,136,3772021Assets 2022: $498,661,213Liabilities 2022: $49,647,727Net Assets 2022: $449,013,4862022Assets 2023: $527,184,582Liabilities 2023: $103,548,290Net Assets 2023: $423,636,2922023Assets 2024: $558,167,241Liabilities 2024: $78,202,335Net Assets 2024: $479,964,9062024

Highlighted filing

2024

Assets$558,167,241
Liabilities$78,202,335
Net Assets$479,964,906

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400M$200M$0-$200MExpenses 2010: $176,938,2092010Expenses 2011: $218,697,2252011Expenses 2012: $251,006,2222012Revenue 2013: $196,225,340Expenses 2013: $189,103,076Net Income 2013: $7,122,2642013Revenue 2014: $331,103,489Expenses 2014: $357,387,579Net Income 2014: -$26,284,0902014Revenue 2015: $300,439,805Expenses 2015: $375,542,708Net Income 2015: -$75,102,9032015Revenue 2016: $303,158,649Expenses 2016: $328,161,549Net Income 2016: -$25,002,9002016Revenue 2017: $272,880,995Expenses 2017: $287,132,584Net Income 2017: -$14,251,5892017Revenue 2018: $263,998,916Expenses 2018: $284,459,497Net Income 2018: -$20,460,5812018Revenue 2019: $324,085,991Expenses 2019: $287,960,053Net Income 2019: $36,125,9382019Revenue 2020: $273,618,155Expenses 2020: $288,574,844Net Income 2020: -$14,956,6892020Revenue 2021: $252,398,781Expenses 2021: $258,617,197Net Income 2021: -$6,218,4162021Revenue 2022: $220,748,251Expenses 2022: $269,736,155Net Income 2022: -$48,987,9042022Revenue 2023: $275,572,075Expenses 2023: $298,156,461Net Income 2023: -$22,584,3862023Revenue 2024: $221,427,136Expenses 2024: $245,374,006Net Income 2024: -$23,946,8702024

Highlighted filing

2024

Revenue$221,427,136
Expenses$245,374,006
Net Income-$23,946,870

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$558$78.2$480$221$245$23.9
2023Detailed filing. Detailed filing data is available for this year.$527$104$424$276$298$22.6
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$499$49.6$449$221$270$49.0
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$581$54.4$526$252$259$6.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$456$49.9$406$274$289$15.0
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$460$60.0$400$324$288$36.1
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$437$70.0$367$264$284$20.5
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$420$60.4$360$273$287$14.3
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$403$59.7$343$303$328$25.0
2015Detailed filing. Detailed filing data is available for this year.$444$67.7$377$300$376$75.1
2014Detailed filing. Detailed filing data is available for this year.$494$55.7$438$331$357$26.3
2013Summary only. Only limited summary data is available for this year.$470$32.0$438$196$189$7.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$447$28.3$419$251
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$373$21.9$351$219
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$338$38.1$300$177
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Apr 11, 2025
Return Version
2023v6.0
Gross Receipts
$269,356,265
Mission and Program Overview

Mission

Our mission is to enlist, develop, and mobilize as many as possible of our nation's most promising future leaders to grow and strengthen the movement for educational equity and excellence.

Teach For America finds, develops and supports exceptional leaders to transform education and expand opportunity for all children

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$373,682,663$420,586,841▲ $46,904,178
Pledges and Grants Receivable$35,924,552$34,360,783▼ $1,563,769
Cash and Non-Interest-Bearing Accounts$42,804,493$30,345,980▼ $12,458,513
Land, Buildings, and Equipment, Net$13,506,967$14,745,728▲ $1,238,761
Prepaid Expenses and Deferred Charges$9,718,130$12,476,336▲ $2,758,206
Investments Program Related$699,632$1,266,131▲ $566,499
Savings and Temporary Cash Investments$881,981$686,554▼ $195,427
Accounts Receivable$702,449$511,321▼ $191,128
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$527,184,582$558,167,241▲ $30,982,659
Other Assets Total$49,263,715$43,187,567▼ $6,076,148
Liabilities
Other Liabilities$56,581,971$50,332,710▼ $6,249,261
Accounts Payable and Accrued Expenses$40,622,250$23,878,717▼ $16,743,533
Deferred Revenue$6,344,069$3,990,908▼ $2,353,161
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$103,548,290$78,202,335▼ $25,345,955
Net Assets / Fund Balance
Net Assets With Donor Restrictions$266,225,862$299,821,235▲ $33,595,373
Net Assets Without Donor Restrictions$157,410,430$180,143,671▲ $22,733,241
Total Net Assets Fund Balance$423,636,292$479,964,906▲ $56,328,614
Total Liabilities and Net Assets / Fund Balance$527,184,582$558,167,241▲ $30,982,659

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,079,153$33,926,709$37,005,862
Leasehold Improvements$6,020,301$9,229,462$15,249,763
Other Land Buildings$5,241,732$57,593$5,299,325
Buildings$404,542$131,710$536,252
Land$0-$0
Other Assets Org$427,551--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$322,607,609-▲ $74,163,574$29,936,342$366,834,841
2022$347,289,981$0▲ $4,088,089$28,770,461$322,607,609
2021$370,035,763$250,000▼ $20,650,923$2,344,859$347,289,981
2020$258,820,565$0▲ $112,456,222$1,241,024$370,035,763
2019$238,782,917$100,000▲ $20,590,992$651,539$258,820,565
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elisa Villanueva BeardDirector/officer-CEOFT$492,503$52,264$544,767
Jemina BernardPresident & Chief Operating OfficerFT$441,360$54,507$495,867
Tracy-Elizabeth ClayEVP, People & Administration ( Corporate Secretary through 5/7/2024)FT$340,514$44,678$385,192
Stephen MajorsEVP, Chief External Affairs OfficerFT$340,266$32,091$372,357
Whitney PetersmeyerEVP, GrowthFT$323,127$41,193$364,320
alan MurrayEVP, Chief Digital & Technology OfficerFT$337,300$84$337,384
Tia MorrisExecutive DirectorFT$301,210$24,162$325,372
Michelle CulverSVP, Founder Reinvention LabFT$284,616$40,116$324,732
Joy OkoroEVP, Field Impact & IntegrationFT$295,076$23,463$318,539
Briana FoleyVP, Strategy & Analytics Actions ( Terminated 5/26/2023 )-$147,506$168,128$315,634
Ashanta Evans BlackwellSVP, General Counsel & ( Corporate Secretary 5/8/2024)FT$241,373$47,569$288,942
Joshua GriggsFormer EVP, TALENT, OPERATIONS AND CFO-$124,688$151,861$276,549

Board Members and Trustees

NameTitle
David KennyDirector (Chair)
Miguel SolisDirector - Vice Chair
Dan PorterfieldDirector
Kaya HendersonDirector
Ken MehlmanDirector
Lindy SchumacherDirector
Linnea Conrad RobertsDirector
Michael LomaxDirector
Olivia WaltonDirector
Steve MandelDirector
Susan McCawDirector
William HaslamDirector
Chanelle HardyDirector ( start date 2/6/2024 )
Christy BurtonDirector ( start date 2/6/2024 )
Dan CarrollDirector ( start date 2/6/2024 )
DeRay MckessonDirector ( start date 2/6/2024 )
Hannah CoccaDirector ( start date 2/6/2024 )
Howard WolfsonDirector ( start date 2/6/2024)
Kevin HuffmanDirector ( Treasurer 9/20/2024 )

Highest Paid Contractors

ContractorServicesLocationCompensation
Growth Acceleration PartnersIT Consulting Services9130 Jollyville Rd Suite 175, Austin, TX 78759$901,181
SVAM International IncIT Consultant Support233 East Shore Rd Ste201, Great Neck, NY 11023$838,216
BetterLesson IncTeacher Coaching Services955 Massachusetts Ave Suite 300, Cambridge, MA 02139-3180$671,800
American Institutes for ResearchProfessional Service - Program Research1400 Crystal Drive Floor 10, Arlington, VA 22202$456,841
Base HQ IncTemporary Staffing Support Services102 Sugar Lake Ct, Greer, SC 29650$362,029
Revenue and Support

Revenue Composition

Contributions and Grants
$197,944,649
Program Service Revenue
$16,559,793
Investment Income
$7,575,122
Other Revenue
$-652,428
All Other Contributions
$133,272,027
Change in Net Assets
$-23,946,870

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded50$3,907,704Selling cost
Food Inventory24$89,754Cost
Other Non Cash Contri Table3$29,894Cost
Books and Publications-$11,505Cost
Collectibles2$245Market value
Total Noncash Contributions79$4,039,102-

Audited Revenue Reconciliation

Revenue per Audited Statements
$224,550,678
Revenue Not Reported on Financial Statements
$-3,123,542
Revenue Not Reported on Form 990
$80,275,484
Other Revenue Adjustments
$-3,255,251
Total Revenue per Audited Statements
$304,826,162
Total Revenue per Form 990
$221,427,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$162,118,773
Other Expenses$47,263,668
Grants and Similar Amounts Paid$35,906,565
Total Fundraising Expense$31,393,952
Professional Fundraising Fees$85,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$88,706,249$16,815,610$20,429,813$125,951,672
Grants to Domestic Individuals$32,681,310--$32,681,310
Other Employee Benefits$12,331,207$2,337,748$2,839,983$17,508,938
Fees for Services Other$10,006,789$1,905,781$833,934$12,746,504
Payroll Taxes$7,154,495$1,356,348$1,647,742$10,158,585
Occupancy$7,326,554$739,628$1,595,021$9,661,203
Pension Plan Contributions$4,022,223$762,533$926,353$5,711,109
Travel$4,190,984$606,610$890,104$5,687,698
Information Technology$2,776,286$1,641,205$417,258$4,834,749
Depreciation Depletion$1,942,499$2,388,154$201,571$4,532,224
Office Expenses$1,997,646$987,373$306,285$3,291,304
Grants to Domestic Orgs$3,225,255--$3,225,255
Current Officers, Directors, Trustees, and Key Employees$1,962,944$372,135$452,083$2,787,162
Conferences and Meetings$897,001$129,833$190,510$1,217,344
Fees for Services Lobbying$0$1,164,647$0$1,164,647
Advertising$492,976$50,127$149,033$692,136
Interest$505,512$89,062$94,654$689,228
Insurance$394,308$69,470$73,832$537,610
Fees for Services Legal$179,475$55,069$16,481$251,025
Fees for Services Accounting$127,791$39,211$11,735$178,737
Fees for Service Investment Mgmnt Fees$0$131,709$0$131,709
Other Expenses$78,885$13,898$14,771$107,554
Fees for Services Professional Fundraising--$85,000$85,000
All Other Expenses$12,094$2,131$2,265$16,490
Comp Disqual Persons$0$1,307$0$1,307
Total Functional Expenses$182,013,078$31,966,976$31,393,952$245,374,006

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$248,497,548
Total Expenses per Form 990$245,374,006
Expenses per Audited Statements$245,242,297
Expenses Not Reported on Form 990$3,255,251
Expenses Not Reported on Financial Statements$131,709
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Leadership For Educational Equity FoundationNew York, NY501c3The purpose of this grant is to assist LEE member growth and engagement. To grow overall membership base$2,000,000
Playlab Education IncUnion City, CA501c3The purpose of this grant is for the shared commitment to educational equity and want these tools to be built with and for our most marginalized and diverse communities.$735,000
DAKM Enterprises IncHonolulu, HI501c3THE PURPOSE OF THIS SPONSORSHIP IS TO SUPPORT TFA'S MISSION AT TWO COMMUNITY EVENTS IN HAWAI'I, BY RAISING SUPPORT FOR LOCAL TEACHERS AND SCHOOLS, STRENGTHENING PARTNERSHIPS, AND ADVANCING EDUCATIONAL EQUITY.$300,000
School Leader LabWashington, DC501c3The purpose of this grant is to support the development, retention, and support of 15-28 school leaders including principals and superintendents$100,000
The Linocut LLCNew York, NY501c3The purpose of this grant is to bring together youth and community members to collaboratively create art and stories reflecting the significance of the Portrait of a Graduate in Nevada communities. Through this co-design process, they will craft bold and joyful visions and narratives that explore how the Portrait's core themes can shape the future. The project will highlight the values, mindsets, skills, and ways of being needed for this future. The end result will be co-created artwork and stories that inspire and energize decision-makers, emphasizing the importance of listening to youth and fostering collaboration to improve education.$43,500
Knowledge Works FoundationCincinnati, OH501c3The purpose of this grant was to support Project Management, Coordination and Presentation Support for NASS conference$11,896
Nashville Public Education FoundationNashville, TN-Grant to support Nashville Child and Youth Collaborative. This is a group of non-profits working on behaf of children and youth in Nashville to elevate their needs in citywide policies and decision-making.$9,000
Nevada GrantLabLas Vegas, NV-The purpose of this grant is to provide support for technical assistance$7,391
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,214,703
Fundraising Gross Income$353,496
Professional Fundraising Fees$85,000

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
New York Annual Benefit Dinner$3,397,039$0$0$0
Chicago FY24 Annual Benefit Dinner$1,750,996$27,750$45,700$-17,950
Total Events$10,438,982$353,496$1,214,703$-861,207
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$50,332,710
Capital Lease Obligation-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 1A Delegate broad authority to A committee

The Board of Directors has designated an Executive Committee which mainly handles CEO performance and compensation reviews. The executive committee is comprised of the Board Chair and the chairs of the Finance, Audit, and Governance Committees.

Form 990, Part VI, Line 11B Review of form 990 by governing body

Teach For America's form 990 was prepared and reviewed by management. TFA's independent accounting firm also performed an in-depth review, and presented their results to the audit committee. A copy of the 990 was provided to the audit committee of the board of directors for review and approval. The full Board received a copy of the 990 Form via email before the 990 form was officially filed with the IRS.

Form 990, Part VI, Line 12C Conflict of interest policy

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, Line 15A Process to establish compensation of top management official

Teach for america reviews compensation to ensure that the salaries for the ceo, officers and other key employees are appropriate and in line with those of comparable organizations. All teach for america staff, including the ceo, received a standard increase at the beginning of the fiscal year. During the year, a board review, was conducted where salary increase decisions were formulaic based on one's current positioning in our compensation structure. The ceo, officers and key employees did receive adjustments resulting from this process. Teach for america's finance committee and board of directors approves overall salary increases each year as part of the annual budget approval.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

Teach for america reviews compensation to ensure that the salaries for the ceo, officers and other key employees are appropriate and in line with those of comparable organizations. All teach for america staff, including the ceo, received a standard increase at the beginning of the fiscal year. During the year, a board review, was conducted where salary increase decisions were formulaic based on one's current positioning in our compensation structure. The ceo, officers and key employees did receive adjustments resulting from this process. Teach for america's finance committee and board of directors approves overall salary increases each year as part of the annual budget approval.

Form 990, Part VI, Line 19 Required documents available to the public

Teach For America makes its form 990 available to public by retaining a copy at its place of business. The form 990 is likewise published on the internet at www.guidestar.org and at www.teachforamerica.org. Teach For America also publishes its financial statements on its website. The organization's governing documents and legal attachments, Form 1023 and the conflict of interest policy are available to the public if requested.

Form 990, Part VIII, Line 2A FEES FOR SERVICES REVENUE

Teach For America has contractual agreements with various school districts across the United States of America to recruit, select, train, and place corps members to teach within their school districts and to place ignite tutoring fellows. Teach For America recognizes revenue related to these contractual agreements as earned, that is, when the corps member or ignite fellow is placed.

Filing and Contact Details

Filer

Filer Name
Teach for America Inc
EIN
13-3541913
Phone
2122792080
Address
25 Broadway 12th Floor, New York, NY 10004

Signing Officer

Name
Tracy-Elizabeth Clay
Title
SVP, Admin and Talent
Signed
2025-04-11
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
Ct
Voting Board Members
20
Independent Board Members
19
Employees
2,544
Volunteers
70,000

Preparer

Firm
Crowe Llp
Address
485 Lexington Avenue Floor 11, New York, NY 10017-2619
Preparer
Shira Fuller
Phone
2125725500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 10,119,360 including grants of $ 3,328,335) Ignite Fellowship - Ignite fellows are a national tutoring corps designed to accelerate learning and foster belonging with students, leveraging research-based best practices for high-impact tutoring. Ignite builds on Teach For America's over 30 years of experience recruiting, developing, and supporting talent and partnering with communities across the country to help students overcome the systemic barriers to an excellent education. The Ignite Fellowship brings exceptional, equity-minded leaders into classrooms virtually to add immediate value for students, while creating shifts towards the future of equitable learning.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Forfeiture Credits - 177401;

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

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).

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

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 guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. TFA is exempt from federal income tax under IRC section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. TFA has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated business income; to determine its filing and tax obligations in jurisdictions for which it was nexus; and to identify and evaluate other matters that may be considered tax positions. TFA has determined that there are no material uncertain tax positions that require recognition or disclosure in the accompanying financial statements. In addition, TFA has not recorded a provision for income taxes as it has no material tax liability from unrelated business income activities.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Forfeiture credits - 177401

Schedule D, Part XI, Line 4(B) Other revenues in form 990 not in audited financial statements

Reclass it services to part viii, line11 - 117141 reclass fundraising expenses to part viii, line 8b - -1214703 rental expenses reported on part viii, line 6b - -2178231 reclass loss on disposal - 20542

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Rental expenses reported on part viii, line 6b - 2178231 reclass loss on disposal - -20542 reclass it services to part viii, line 11 - -117141 reclass fundraising expenses to part viii, line 8b - 1214703

Raw XML AppendixShowing 400 of 1,364 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director (Chair)
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR/OFFICER-CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director ( Treasurer 9/20/2024 )
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director - Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director ( start date 2/6/2024 )
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director ( start date 2/6/2024 )
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director ( start date 2/6/2024 )
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director ( start date 2/6/2024 )
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director ( start date 2/6/2024 )
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director ( start date 2/6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20SVP, General Counsel & ( Corporate Secretary 5/8/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt21EVP, People & Administration ( Corporate Secretary through 5/7/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt22President & Chief Operating Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt23EVP, Field Impact & Integration
IRS990/Form990PartVIISectionAGrp/TitleTxt24EVP, Growth
IRS990/Form990PartVIISectionAGrp/TitleTxt25EVP, Chief Digital & Technology Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt26VP, Strategy & Analytics Actions ( Terminated 5/26/2023 )
IRS990/Form990PartVIISectionAGrp/TitleTxt27SVP, Founder Reinvention Lab
IRS990/Form990PartVIISectionAGrp/TitleTxt28EVP, Chief External Affairs Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt29Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt30Former EVP, TALENT, OPERATIONS AND CFO
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IRS990/GainOrLossGrp/SecuritiesAmt014341

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