Civic Intelligence

Summerbridge Breakthrough Alumni Network Inc

990EZ • Fiscal year 2016 • EIN 20-2719029

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 15, 2016

400 West Peachtree StreetAtlanta, GA 30308

(404) 522-3961

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$15,848

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

74th percentile

23%

Faster asset growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

46%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$9,627

Up $1,807 (+23%) from 2015

Net Assets

Up

$9,053

Up $16,495 (+222%) from 2015

Liabilities

Down

$574

Down $14,688 (-96%) from 2015

Revenue

Up

$93,454

Up $29,620 (+46%) from 2015

Expenses

Up

$76,959

Up $12,977 (+20%) from 2015

Net Income

Up

$16,495

Up $16,643 (+11245%) from 2015

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

2016

Assets$9,627
Liabilities$574
Net Assets$9,053

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

2016

Revenue$93,454
Expenses$76,959
Net Income$16,495
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 15, 2016
Return Version
2015v3.0
Gross Receipts
$93,454
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.$62,456-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keno D SadlerExecutivedirectorFT$15,848-$15,848
Lora HodgesBoard Member-$0--
Darren IsomBoard Member-$0--
Barry PetersonTreasurer-$0--
Rina Khemlani ShahSecretary-$0--
Henry GoodgameBoard Member-$0--
Greg RobertsBoard Member-$0--
Ben Valore-CaplanBoard Member-$0--
Keno SadlerExecutive Director-$0--
Tony BurksChairman-$0--
Filing and Contact Details

Filer

Filer Name
Summerbridge Breakthrough Alumni Network
EIN
20-2719029
Phone
4045223961
Address
400 West Peachtree Street, Atlanta, GA 30308

Signing Officer

Name
Keno Sadler
Title
Executive Director
Signed
2016-02-15
Discuss with paid preparer
Yes

Preparer

Firm
Verarose Muir & Company Inc
Address
4080 39th Street S, St Petersburg, FL 33711-4206
Preparer
Verarose Muir
Phone
3014451018
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $691

Other Expenses.1003

Information Technology $10135

Other Expenses.1005

Travel $40

Other Expenses.1009

Depreciation $292

Other Expenses.1012

Insurance $1654

Other Expenses.1

TCPI-conference/travel/supply $5820

Other Expenses.2

Teacher Recruitment $1500

Other Expenses.3

SBAN Community-Travel $706

Other Expenses.4

Bank fees $594

Other Expenses.5

Dues & Subscriptions $544

Other Expenses.6

Telephone $233

Other Expenses.7

Volunteer Meals $201

Other Expenses.8

License $30

Other Assets.1004

Miscellaneous - Beginning $829 Miscellaneous - Ending $537

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $1441

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $15262 Accounts Payable and Accrued Expenses - Ending $574

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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/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits