Teach for All Inc

“The Form 990 was prepared by an Independent accounting firm in conjunction with the organization's financial department. A copy of the draft Form 990 was circulated to select members of the management team, the finance committee of the board and then sent electronically to the Board. Each Board Member was provided an opportunity to comment on the information contained in the 990 prior to its filing with the Internal Revenue Service.”

“Teach for All has a conflicts of interest policy which it requires all directors and key employees to sign currently. Each individual is required to annually disclose any conflicts of interest that arise by virtue of employment, board service, or position with the organization. The organization monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated as required.”

“TEACH FOR ALL ESTABLISHED SENIOR COMPENSATION AFTER CONSULTING WITH AN OUTSIDE, THIRD-PARTY, COMPENSATION SPECIALIST. THE COMPENSATION CONSULTANT USED EXTERNAL BENCHMARKS FROM OTHER INTERNATIONAL NON-PROFITS TO SET THE COMPENSATION METRICS FOR ALL ROLES ON THE SENIOR TEAM REPORTING UP TO THE CEO AND COO (INCLUDING THE COO and the CEO). TEACH FOR ALL SPECIFICALLY REVIEWED DATA AT THE 75TH PERCENTILE OF LIKE-SIZED ORGANIZATIONS TO ENSURE THAT POSITIONS ALREADY FILLED (AND POSITIONS TO BE FILLING GOING FORWARD) ARE IN A COMPARABLE COMPENSATION RANGE.”

“The taxpayer makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are made available to the public by request. FORM 990, PART XII 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.”

“The COVID-19 pandemic, whose effects in the United States first became known in January 2020, has and continues to have a broad and negative impact on commerce and financial markets around the world. The extent of the impact of the pandemic on TFALLs operational and financial performance will depend on various developments, including the duration and spread of the outbreak and its impact on its donors, grantees, employees, and vendors, all of which at present, cannot be determined. In 2020, Teach for All received a PPP loan in the amount of $1,701,663. The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. SBA will forgive the loan if all employee retention criteria are met and the funds are used for eligible expenses. Teach for All booked this loan as a liability on its balance sheet until such time as it is forgiven by the SBA. Teach for All has every expectation that the full balance of the loan will ultimately be forgiven.”