Civic Intelligence

Teach Kentucky Inc.

990 • Fiscal year 2018 • EIN 20-4009920

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 15, 2019

Organization ProfileWWW.TEACHKENTUCKY.COM
907 Barret AveLouisville, KY 40204

(502) 458-0830

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.05x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

8th percentile

-54%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

96th percentile

$75,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 24.4% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

11th percentile

-43%

Faster asset growth than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

9th percentile

-51%

Faster revenue growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$241,852

Down $183,356 (-43%) from 2017

Net Assets

Down

$229,974

Down $166,059 (-42%) from 2017

Liabilities

Down

$11,878

Down $17,297 (-59%) from 2017

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin8th percentile

Revenue

Down

$306,927

Down $319,063 (-51%) from 2017

Expenses

Down

$472,986

Down $10,957 (-2.3%) from 2017

Net Income

Down

-$166,059

Down $308,106 (-217%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $99,734Liabilities 2010: $0Net Assets 2010: $99,7342010Assets 2011: $102,658Liabilities 2011: $745Net Assets 2011: $101,9132011Assets 2012: $150,478Liabilities 2012: $30,818Net Assets 2012: $119,6602012Assets 2013: $126,183Liabilities 2013: $3,139Net Assets 2013: $123,0442013Assets 2014: $148,197Liabilities 2014: $1,105Net Assets 2014: $147,0922014Assets 2015: $272,213Liabilities 2015: $52,127Net Assets 2015: $220,0862015Assets 2016: $269,219Liabilities 2016: $55,635Net Assets 2016: $213,5842016Assets 2017: $425,208Liabilities 2017: $29,175Net Assets 2017: $396,0332017Assets 2018: $241,852Liabilities 2018: $11,878Net Assets 2018: $229,9742018Assets 2019: $440,130Liabilities 2019: $9,914Net Assets 2019: $430,2162019Assets 2020: $516,369Liabilities 2020: $60,423Net Assets 2020: $455,9462020Assets 2021: $775,550Liabilities 2021: $14,222Net Assets 2021: $761,3282021Assets 2022: $466,573Liabilities 2022: $13,006Net Assets 2022: $453,5672022Assets 2023: $1,041,270Liabilities 2023: $326,636Net Assets 2023: $714,6342023Assets 2024: $800,027Liabilities 2024: $17,789Net Assets 2024: $782,2382024

Highlighted filing

2018

Assets$241,852
Liabilities$11,878
Net Assets$229,974
Open 2018 Filing

Operations Trend

Revenue Growth9th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $135,4702010Expenses 2011: $147,4612011Expenses 2012: $153,2882012Revenue 2013: $175,628Expenses 2013: $172,244Net Income 2013: $3,3842013Revenue 2014: $231,786Expenses 2014: $207,738Net Income 2014: $24,0482014Revenue 2015: $362,866Expenses 2015: $314,373Net Income 2015: $48,4932015Revenue 2016: $253,970Expenses 2016: $260,472Net Income 2016: -$6,5022016Revenue 2017: $625,990Expenses 2017: $483,943Net Income 2017: $142,0472017Revenue 2018: $306,927Expenses 2018: $472,986Net Income 2018: -$166,0592018Revenue 2019: $579,720Expenses 2019: $379,478Net Income 2019: $200,2422019Revenue 2020: $429,483Expenses 2020: $403,753Net Income 2020: $25,7302020Revenue 2021: $788,851Expenses 2021: $483,469Net Income 2021: $305,3822021Revenue 2022: $229,002Expenses 2022: $536,763Net Income 2022: -$307,7612022Revenue 2023: $830,370Expenses 2023: $569,303Net Income 2023: $261,0672023Revenue 2024: $770,461Expenses 2024: $702,857Net Income 2024: $67,6042024

Highlighted filing

2018

Revenue$306,927
Expenses$472,986
Net Income-$166,059
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 15, 2019
Return Version
2017v2.0
Gross Receipts
$314,241
Mission and Program Overview

Mission

For 20 years, teach kentucky has recruited college graduates possessing strong academic credentials and subject content knowledge to launch their education careers in the louisville, ky region. New recruits begin a masters of arts in teaching at a local university while earning a full-time salary in the classroom as a teacher of record. Many of our teachers work in high poverty schools, where the need for talented educations is the greatest. Teach kentucky is not only committed to recruiting bright young minds to the education profession, but to retaining them in it. Its program provides additional professional development of first and second year teachers, and a mentoring program run by retired educators and administrators.

Teach kentucky is a selective teacher recruitment program attracting motivated young people to teach in kentucky's public schools, enhancing the quality of education for our students and enriching our civic life by retaining these bright young minds in the region. Based in louisville, ky, a vibrant, forward-thinking city with a rich history, teach kentucky places the majority of its teachers within our metropolitan area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$2,500$147,596▲ $145,096
Cash and Non-Interest-Bearing Accounts$384,706$56,676▼ $328,030
Savings and Temporary Cash Investments$29,388$29,408▲ $20
Prepaid Expenses and Deferred Charges$4,598$4,956▲ $358
Land, Buildings, and Equipment, Net$3,405$3,216▼ $189
Intangible Assets$611--
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$425,208$241,852▼ $183,356
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$29,175$11,878▼ $17,297
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$29,175$11,878▼ $17,297
Net Assets / Fund Balance
Temporarily Rstr Net Assets$93,420$117,870▲ $24,450
Unrestricted Net Assets$302,613$112,104▼ $190,509
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$396,033$229,974▼ $166,059
Total Liabilities and Net Assets / Fund Balance$425,208$241,852▼ $183,356

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,216$779$3,995
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rowan ClaypoolPresidentFT$75,000$75,000

Board Members and Trustees

NameTitle
Sandra Hinojosa HubbardBoard Chair
Stephen L Miller - Partial YearVice Chair
Amy Dennes - Partial YearDirector
Caroline L PikeDirector
David Hawpe - Partial YearDirector
Deena AdamsDirector
John RussDirector
Nancy MartinDirector
Zain Khandwala - Partial YearDirector
John FendigSecretary
Melody Raidy - Partial YearTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$313,205
Program Service Revenue
$0
Investment Income
$21
Other Revenue
$-6,299
All Other Contributions
$287,220
Change in Net Assets
$-166,059

Audited Revenue Reconciliation

Revenue per Audited Statements
$306,927
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$306,927
Total Revenue per Form 990
$306,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$218,924
Other Expenses$188,299
Grants and Similar Amounts Paid$65,763
Total Fundraising Expense$31,900
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$127,398$0$0$127,398
Current Officers, Directors, Trustees, and Key Employees$37,500$26,250$11,250$75,000
Grants to Domestic Individuals$65,748--$65,748
Fees for Services Other$24,586$1,281$5,612$31,479
Occupancy$12,597$8,818$3,778$25,193
Fees for Services Accounting$0$16,600$0$16,600
Payroll Taxes$13,657$2,008$861$16,526
Office Expenses$5,661$4,528$6,313$16,502
Conferences and Meetings$2,982$2,087$895$5,964
Advertising$2,576$0$2,800$5,376
Insurance$781$1,222$148$2,151
Depreciation Depletion$696$452$243$1,391
Other Expenses$1,217$0$0$1,217
Travel$726$0$0$726
Grants to Domestic Orgs$15--$15
Total Functional Expenses$377,840$63,246$31,900$472,986

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$472,986
Total Expenses per Audited Statements$472,986
Total Expenses per Form 990$472,986
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,314
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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--
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 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
No
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, Section B, Line 11B

“A complete copy of the form 990 was provided to the board of directors for review and comment prior to its filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Compliance with the organization's conflict of interest policy is monitored annually. All interested persons are required to disclose to the board any possible conflicts of interest. In such an event, the interested person must recuse him or herself rom discussions of and abstain from voting on such matters under consideration by the board.”

Form 990, Part VI, Section B, Line 15

“The board of directors annually reviews officer compensation. Compensation is set based upon the officer's performance, taking into account market data, such as surveys and other comparability data. All board deliberations are contemporaneously documented. The only compensated officer is the president. There are no other compensated officers or key employees. Thus question 15 b of part vi, section b has been answered "no"”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are not required disclosures to the public per irc section 6104. Accordingly, these documents are not made available to the public at this time.”

Filing and Contact Details

Filer

Filer Name
Teach Kentucky Inc
EIN
20-4009920
Phone
5024580830
Address
907 BARRET AVE, LOUISVILLE, KY 40204

Signing Officer

Name
Kimberly Marley
Title
Treasurer
Phone
5023262309
Signed
2019-08-15

Organization Details

Principal Officer
Rowan Claypool
Formed
2005
Legal Domicile
Ky
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
11
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

“The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Accordingly, the financial statements do not provide for income taxes. The organization has implemented the accounting guidance for uncertainty in income taxes. Under that guidance, tax positions will be sustained upon examination by the tax authorities. As of september 30,2018, the organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 657 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/ActivityOrMissionDesc0TEACH KENTUCKY IS A SELECTIVE TEACHER RECRUITMENT PROGRAM ATTRACTING MOTIVATED YOUNG PEOPLE TO TEACH IN KENTUCKY'S PUBLIC SCHOOLS, ENHANCING THE QUALITY OF EDUCATION FOR OUR STUDENTS AND ENRICHING OUR CIVIC LIFE BY RETAINING THESE BRIGHT YOUNG MINDS IN THE REGION. BASED IN LOUISVILLE, KY, A VIBRANT, FORWARD-THINKING CITY WITH A RICH HISTORY, TEACH KENTUCKY PLACES THE MAJORITY OF ITS TEACHERS WITHIN OUR METROPOLITAN AREA.
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IRS990/Desc0TEACH KENTUCKY RECRUITS INDIVIDUALS TO LAUNCH THEIR EDUCATION CAREERS IN LOUISVILLE, KY. IT LEVERAGES FINANCIAL INCENTIVES ACQUIRED THROUGH ITS STRATEGIC FUNDRAISING EFFORTS TO ATTRACT COLLEGE GRADUATES FROM ACROSS THE NATION. SINCE ITS INCEPTION, TEACH KENTUCKY HAS RECRUITED 301 INDIVIDUALS REPRESENTING OVER 115 COLLEGES AND UNIVERSITIES. EIGHTY PERCENT OF THESE INDIVIDUALS ARE FROM OUTSIDE THE STATE OF KENTUCKY. 238 OF THESE INDIVIDUALS REMAIN IN THE EDUCATION PROFESSION EITHER IN KENTUCKY OR ELSEWHERE. OF THE 161 EDUCATORS CURRENTLY RESIDING AND WORKING IN KENTUCKY, 70 PERCENT OF THEM WORK IN HIGH-POVERTY SCHOOLS.
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IRS990/Form990PartVIISectionAGrp/PersonNm9CAROLINE L PIKE
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID HAWPE - PARTIAL YEAR
IRS990/Form990PartVIISectionAGrp/PersonNm11ROWAN CLAYPOOL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1175000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt02985
IRS990/FundraisingDirectExpensesAmt07314
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt023000
IRS990/GrantAmt06357
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt065748
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt065748
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt015
IRS990/GrantsToDomesticOrgsGrp/TotalAmt015
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0314241
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt0148
IRS990/InsuranceGrp/ManagementAndGeneralAmt01222
IRS990/InsuranceGrp/ProgramServicesAmt0781
IRS990/InsuranceGrp/TotalAmt02151
IRS990/IntangibleAssetsGrp/BOYAmt0611
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt021
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0779
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03405
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03216
IRS990/LandBldgEquipCostOrOtherBssAmt03995
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FOR 17 YEARS, TEACH KENTUCKY HAS RECRUITED COLLEGE GRADUATES POSSESSING STRONG ACADEMIC CREDENTIALS AND SUBJECT CONTENT KNOWLEDGE TO LAUNCH THEIR EDUCATION CAREERS IN THE LOUISVILLE, KY REGION. NEW RECRUITS BEGIN A MASTERS OF ARTS IN TEACHING AT A LOCAL UNIVERSITY WHILE EARNING A FULL-TIME SALARY IN THE CLASSROOM AS A TEACHER OF RECORD. MANY OF OUR TEACHERS WORK IN HIGH POVERTY SCHOOLS, WHERE THE NEED FOR TALENTED EDUCATIONS IS THE GREATEST. TEACH KENTUCKY IS NOT ONLY COMMITTED TO RECRUITING BRIGHT YOUNG MINDS TO THE EDUCATION PROFESSION, BUT TO RETAINING THEM IN IT. ITS PROGRAM PROVIDES ADDITIONAL PROFESSIONAL DEVELOPMENT OF FIRST AND SECOND YEAR TEACHERS, AND A MENTORING PROGRAM RUN BY RETIRED EDUCATORS AND ADMINISTRATORS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0396033
IRS990/NetAssetsOrFundBalancesEOYAmt0229974
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-7314
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-7314
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03778
IRS990/OccupancyGrp/ManagementAndGeneralAmt08818
IRS990/OccupancyGrp/ProgramServicesAmt012597
IRS990/OccupancyGrp/TotalAmt025193
IRS990/OfficeExpensesGrp/FundraisingAmt06313
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04528
IRS990/OfficeExpensesGrp/ProgramServicesAmt05661
IRS990/OfficeExpensesGrp/TotalAmt016502
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TEACHER RECRUITING
IRS990/OtherExpensesGrp/Desc1SUMMER INSTITUTE
IRS990/OtherExpensesGrp/Desc2TEACHER SUPPORT
IRS990/OtherExpensesGrp/Desc3AMERICORPS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt045891
IRS990/OtherExpensesGrp/ProgramServicesAmt129239
IRS990/OtherExpensesGrp/ProgramServicesAmt26570
IRS990/OtherExpensesGrp/ProgramServicesAmt31217
IRS990/OtherExpensesGrp/TotalAmt045891
IRS990/OtherExpensesGrp/TotalAmt129239
IRS990/OtherExpensesGrp/TotalAmt26570
IRS990/OtherExpensesGrp/TotalAmt31217
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0127398
IRS990/OtherSalariesAndWagesGrp/TotalAmt0127398
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0861
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02008
IRS990/PayrollTaxesGrp/ProgramServicesAmt013657
IRS990/PayrollTaxesGrp/TotalAmt016526
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0147596
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04598
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04956
IRS990/PrincipalOfficerNm0Rowan Claypool
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0TEACH KENTUCKY PROVIDES A SEVEN-WEEK TEACHER PREPARATION PROGRAM THAT COMPLEMENTS GRADUATE SCHOOL COURSES IN ORDER TO BETTER EQUIP ITS NEW RECRUITS FOR THE CLASSROOM AND INCREASE RETENTION OF ITS RECRUITS IN THE PROFESSION LONG-TERM. THIS PROGRAM IS RUN BY VETERAN EDUCATORS WHO ARE ALUMNI OF THE TEACH KENTUCKY PROGRAM. THIS STRUCTURE AIDS IN THE FORMATION OF CROSS-GENERATIONAL RELATIONSHIPS BETWEEN PROGRAM PARTICIPANTS NEW AND OLD, PROMOTING KNOWLEDGE-SHARING, ONGOING COLLABORATION, AND A STRONG FOUNDATION OF SUPPORT. ADDITIONALLY, TEACH KENTUCKY PARTNERS WITH LOCAL MIDDLE AND HIGH SCHOOLS TO PROVIDE REALISTIC INSTRUCTIONAL CLASSROOM EXPERIENCES WITH STUDENTS PRIOR TO THE FIRST DAY OF SCHOOL. VETERAN TEACHERS OBSERVE NEW RECRUITS AND PROVIDE THEM WITH CONSTRUCTIVE FEEDBACK AND MODELING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0226070
IRS990/ProgSrvcAccomActy2Grp/GrantAmt059391
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0TEACH KENTUCKY CREATES A TIGHT-KNIT COMMUNITY OF ONGOING SUPPORT TO ITS RECRUITS AS THEY ADJUST TO THEIR NEW CAREERS AND NEW LIVES IN LOUISVILLE. IN SURVEYS ADMINISTERED TO OUR EDUCATORS, THIS ASPECT OF THE PROGRAM POSITIVELY DIFFERENTIATES TEACH KENTUCKY THE MOST FROM OTHER TEACHER RECRUITMENT OPTIONS. TEACH KENTUCKY CONSIDERS THESE NETWORKS AND SUPPORT TO BE A CRUCIAL CONTRIBUTING FACTOR TO ITS 79 PERCENT RETENTION RATE OF INDIVIDUALS RECRUITED THROUGH ITS PROGRAM WHO REMAIN IN THE EDUCATION PROFESSION TODAY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt018500
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0604374
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt095506

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$241,852
Liabilities
$11,878
Net assets
$229,974
Revenue
$306,927
Expenses
$472,986
Net income
-$166,059
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.02$0.78$0.77$0.70$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.33$0.71$0.83$0.57$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.01$0.45$0.23$0.54$0.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.01$0.76$0.79$0.48$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.06$0.46$0.43$0.40$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.01$0.43$0.58$0.38$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.24$0.01$0.23$0.31$0.47$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.03$0.40$0.63$0.48$0.14
2016Summary only. Only limited summary data is available for this year.$0.27$0.06$0.21$0.25$0.26$0.01
2015Summary only. Only limited summary data is available for this year.$0.27$0.05$0.22$0.36$0.31$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.23$0.21$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.12$0.18$0.17$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.03$0.12$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$0.14
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits