Civic Intelligence

Summerbridge Breakthrough Alumni Network Inc

990EZ • Fiscal year 2014 • EIN 20-2719029

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 10, 2014

400 West Peachtree Street30308

(404) 522-3961

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.67x

Higher debt load relative to assets than 96% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

88th percentile

0.24x

Higher debt load relative to revenue than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

35th percentile

-2.4%

Higher net margin than 35% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$20,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

86th percentile

59%

Faster asset growth than 86% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

33rd percentile

-9.3%

Faster revenue growth than 33% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$10,836

Up $4,025 (+59%) from 2013

Net Assets

Down

-$7,294

Down $1,812 (-33%) from 2013

Liabilities

Up

$18,130

Up $5,837 (+47%) from 2013

Revenue

Down

$76,212

Down $7,790 (-9.3%) from 2013

Expenses

Down

$78,024

Down $120 (-0.2%) from 2013

Net Income

Down

-$1,812

Down $7,670 (-131%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$10K$0-$10K-$20KAssets 2011: $6,353Liabilities 2011: $10,399Net Assets 2011: -$4,0462011Assets 2012: $8,632Liabilities 2012: $19,972Net Assets 2012: -$11,3402012Assets 2013: $6,811Liabilities 2013: $12,293Net Assets 2013: -$5,4822013Assets 2014: $10,836Liabilities 2014: $18,130Net Assets 2014: -$7,2942014Assets 2015: $7,820Liabilities 2015: $15,262Net Assets 2015: -$7,4422015Assets 2016: $9,627Liabilities 2016: $574Net Assets 2016: $9,0532016Assets 2017: $5,082Net Assets 2017: $5,0822017Assets 2018: $0Net Assets 2018: $02018

Highlighted filing

2014

Assets$10,836
Liabilities$18,130
Net Assets-$7,294

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $86,269Expenses 2011: $91,570Net Income 2011: -$5,3012011Revenue 2012: $121,593Expenses 2012: $128,887Net Income 2012: -$7,2942012Revenue 2013: $84,002Expenses 2013: $78,144Net Income 2013: $5,8582013Revenue 2014: $76,212Expenses 2014: $78,024Net Income 2014: -$1,8122014Revenue 2015: $63,834Expenses 2015: $63,982Net Income 2015: -$1482015Revenue 2016: $93,454Expenses 2016: $76,959Net Income 2016: $16,4952016Revenue 2017: $21,224Expenses 2017: $25,195Net Income 2017: -$3,9712017Revenue 2018: $4,581Expenses 2018: $9,663Net Income 2018: -$5,0822018

Highlighted filing

2014

Revenue$76,212
Expenses$78,024
Net Income-$1,812
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 10, 2014
Return Version
2013v4.0
Gross Receipts
$76,212
Mission and Program Overview

Mission

Summerbridge/Breakthrough Alumni Network is a community of graduates and former staff of Summerbridge and Breakthrough "students teaching students" model programs. Its primary purpose is to support minority teacher recruitment and retention efforts of independent and charter schools and to provide college and career readiness resources to the racially and culturally diverse network of over 20,000 Summerbridge and Breakthrough program alumni.

Program Services

DescriptionGrantsExpenses
The Summerbridge Breakthrough Alumni Network (SBAN) is the parent organization within which TCPI and other programs exist that are committed to having a positive impact on education, youth development and social justice. Since the first Summerbridge program opened its doors in 1978, our alumni network has grown to over 20,000 strong. Although the alumni have participated in Summerbridge or Breakthrough at different sites and in different years, we have a remarkably similar view of what Summerbridge Spirit means: high standards of academic excellence; a belief that young people can lead and succeed; and a celebration of our diverse backgrounds. All of this is needed - desperately in Americas schools. To help address this need, we created the SBAN Teacher of Color Prep Institute (TCPI). Through TCPI, we seek to grow a teacher of color workforce that is robust, knowledgeable and diverse as well as develop a professional pathway for teachers of color who want to improve their craft and become lifelong educators. Ultimately, we will create more inclusive school environments where all students receive a multi-ethnic education. Meeting a quota by hiring teachers (or administrators) of color is not enough. To be successful in todays world, schools must embrace the diversity of their families and faculty, becoming a community where everyone feels comfortable, safe, included, and has a voice. The TCPI program consists of three critical elements: (1) recruiting aspiring teachers and putting them through a rigorous curriculum that is designed to develop them into Exceptional Teachers and Change Agents, (2) partnering with schools to not only create opportunities for our graduates but also to help those schools become more inclusive, and (3) supporting these teachers as they become an established and integral part of the schools, thus resulting in greater retention. For the TeachersTCPI is a tuition-free, one-year program that is followed by two years of ongoing support once a teacher is placed in a teaching or administrative job. Most of our participants are college seniors, recent college graduates, or graduate students interested in pursuing a career in independent or charter school education. We have recently identified another need: former military personnel who are interested in a teaching career. In many cases, our participants are current teachers who have not gone through our training but want to improve their skill set. Our classes are held on weekends and are supplemented by online presentations and visits to area schools for classroom observation, shadowing of teachers and exposure to our partner schools. The Exceptional Teacher module of the TCPI curriculum includes classroom management, pedagogy, differentiated learning and teaching styles and the expanding role of technology. We also provide tools our participants will need to navigate the independent and charter school environment, including interview process training, personal mentoring, and professional development that will help open doors with potential employers. The Change Agent module of the TCPI curriculum allows our participants to explore the various challenges that exist in our partner schools in areas including inclusivity, diversity and successfully navigating difficult conversations. As graduates, these aspiring educators are in the unique position to strengthen independent and charter schools through greater insight into the science and art of teaching and a better understanding of the nuances associated with being a person of color in education. Each module is taught using a Cohort Model which provides cohesiveness, continuity and a sense of community. With its emphasis on cooperative groups, individual learning and project-based learning, the cohort format draws on the participants common school and work experiences and interests. As the participants proceed through each module, they will build on shared academic experiences, leading to a rewarding and more successful TCPI experience.TCPI provides funding for participants to visit TCPI schools and get the vital exposure they need to independent and charter schools. Participants will also be able to take part in the Southern Association of Independent Schools (SAIS) New Teacher Institute, an accredited week-long program which prepares all new teachers of any ethnicity for a successful transition into the independent school system. Enrollment in TCPI also includes travel expenses to schools and training programs, all necessary materials, and access to the TCPI website where participants can share resources with other TCPI members and faculty across the nation.For the SchoolsFor a one-time fee and a demonstrated commitment to becoming a more inclusive environment, schools can join TCPI and become TCPI Partner Schools. Our TCPI Partner Schools not only have access to our talented pool of teachers of color; moreover, they know that TCPI will support any new hire for two years. Teachers stay engaged with the Institute through school visits by TCPI leadership, regional workshops, an annual retreat, and continued access to the resources available through the TCPI website. The sustained relationship between TCPI, the partner school, and the established educator ensures that an inclusive, educational environment is developed, cultivated, and maintained.For the Students and Parents A more inclusive school environment has a direct impact on the number of students of color who apply to and enroll in our Partner Schools. The level of satisfaction among parents is also increased, and the chances of their child(ren) staying in school and graduating is much higher. To offer support for parents of color and address their unique concerns, TCPI includes a Parents of Color Conference. Here, parents of color from any number of schools can meet, voice their concerns and build a network of support.$66,935-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keno D SadlerExecutivedirectorFT$20,000-$20,000
Lora HodgesMember-$0--
Darren IsomMember-$0--
Barry PetersonTreasurer-$0--
Rina Khemlani ShahSecretary-$0--
Henry GoodgameBoard Member-$0--
Greg RobertsMember-$0--
Ben Valore-CaplanBoard Member-$0--
Chad WrightPresident-$0--
Tony BurksMember-$0--
Filing and Contact Details

Filer

EIN
20-2719029
Phone
4045223961

Signing Officer

Name
Keno Sadler
Title
Executive Director
Signed
2014-02-10
Discuss with paid preparer
Yes

Preparer

Preparer
Verarose Muir
Phone
3014451018
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $263

Other Expenses.1003

Information Technology $22273

Other Expenses.1009

Depreciation $438

Other Expenses.1012

Insurance $1745

Other Expenses.1

TCPI-conference/travel/supply $10462

Other Expenses.2

SBAN Community-Travel $2396

Other Expenses.3

Bank fees $789

Other Expenses.4

Volunteer Meals $302

Other Expenses.5

License $30

Other Assets.1004

Miscellaneous - Beginning $1703 Miscellaneous - Ending $1265

Other Assets.1005

Accounts Receivable - Beginning $3500 Accounts Receivable - Ending $8300

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $12293 Accounts Payable and Accrued Expenses - Ending $17223

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $907

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Summerbridge Breakthrough Alumni Network (SBAN) is the parent organization within which TCPI and other programs exist that are committed to having a positive impact on education, youth development and social justice. Since the first Summerbridge program opened its doors in 1978, our alumni network has grown to over 20,000 strong. Although the alumni have participated in Summerbridge or Breakthrough at different sites and in different years, we have a remarkably similar view of what Summerbridge Spirit means: high standards of academic excellence; a belief that young people can lead and succeed; and a celebration of our diverse backgrounds. All of this is needed - desperately in Americas schools. To help address this need, we created the SBAN Teacher of Color Prep Institute (TCPI). Through TCPI, we seek to grow a teacher of color workforce that is robust, knowledgeable and diverse as well as develop a professional pathway for teachers of color who want to improve their craft and become lifelong educators. Ultimately, we will create more inclusive school environments where all students receive a multi-ethnic education. Meeting a quota by hiring teachers (or administrators) of color is not enough. To be successful in todays world, schools must embrace the diversity of their families and faculty, becoming a community where everyone feels comfortable, safe, included, and has a voice. The TCPI program consists of three critical elements: (1) recruiting aspiring teachers and putting them through a rigorous curriculum that is designed to develop them into Exceptional Teachers and Change Agents, (2) partnering with schools to not only create opportunities for our graduates but also to help those schools become more inclusive, and (3) supporting these teachers as they become an established and integral part of the schools, thus resulting in greater retention. For the TeachersTCPI is a tuition-free, one-year program that is followed by two years of ongoing support once a teacher is placed in a teaching or administrative job. Most of our participants are college seniors, recent college graduates, or graduate students interested in pursuing a career in independent or charter school education. We have recently identified another need: former military personnel who are interested in a teaching career. In many cases, our participants are current teachers who have not gone through our training but want to improve their skill set. Our classes are held on weekends and are supplemented by online presentations and visits to area schools for classroom observation, shadowing of teachers and exposure to our partner schools. The Exceptional Teacher module of the TCPI curriculum includes classroom management, pedagogy, differentiated learning and teaching styles and the expanding role of technology. We also provide tools our participants will need to navigate the independent and charter school environment, including interview process training, personal mentoring, and professional development that will help open doors with potential employers. The Change Agent module of the TCPI curriculum allows our participants to explore the various challenges that exist in our partner schools in areas including inclusivity, diversity and successfully navigating difficult conversations. As graduates, these aspiring educators are in the unique position to strengthen independent and charter schools through greater insight into the science and art of teaching and a better understanding of the nuances associated with being a person of color in education. Each module is taught using a Cohort Model which provides cohesiveness, continuity and a sense of community. With its emphasis on cooperative groups, individual learning and project-based learning, the cohort format draws on the participants common school and work experiences and interests. As the participants proceed through each module, they will build on shared academic experiences, leading to a rewarding and more
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ReturnHeader/PreparerPersonGrp/PhoneNum03014451018
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Verarose Muir
ReturnHeader/ReturnTs02015-02-10T11:59:04-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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