Civic Intelligence

Teach for All Inc.

990 • Fiscal year 2015 • EIN 26-2122566

Oct 01, 2014 to Sep 30, 2015 • Filed on Feb 11, 2016

25 Broadway 12th FLNew York, NY 10004

(646) 898-4900

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.11x

Higher debt load relative to assets than 32% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

27th percentile

0.08x

Higher debt load relative to revenue than 27% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Net Margin

11th percentile

-15%

Higher net margin than 11% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

94th percentile

$384,905

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2015 filings • NTEE B • $10M-$25M nonprofits • Source year 2015

Asset Growth

5th percentile

-20%

Faster asset growth than 5% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

25%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Down

$14,559,006

Down $7,403,220 (-34%) from 2013

Net Assets

Down

$13,001,903

Down $7,037,786 (-35%) from 2013

Liabilities

Down

$1,557,103

Down $365,434 (-19%) from 2013

Revenue

$19,892,090

No earlier filing loaded for comparison.

Expenses

Up

$22,960,049

Up $4,096,991 (+22%) from 2013

Net Income

-$3,067,959

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $10,052,583Liabilities 2010: $780,841Net Assets 2010: $9,271,7422010Assets 2011: $13,678,999Liabilities 2011: $1,251,623Net Assets 2011: $12,427,3762011Assets 2012: $13,439,186Liabilities 2012: $1,429,109Net Assets 2012: $12,010,0772012Assets 2013: $21,962,226Liabilities 2013: $1,922,537Net Assets 2013: $20,039,6892013Assets 2015: $14,559,006Liabilities 2015: $1,557,103Net Assets 2015: $13,001,9032015Assets 2017: $24,985,949Liabilities 2017: $1,804,139Net Assets 2017: $23,181,8102017Assets 2018: $20,197,798Liabilities 2018: $3,541,349Net Assets 2018: $16,656,4492018Assets 2019: $41,466,303Liabilities 2019: $2,062,015Net Assets 2019: $39,404,2882019Assets 2020: $63,275,692Liabilities 2020: $4,855,461Net Assets 2020: $58,420,2312020Assets 2021: $62,850,902Liabilities 2021: $4,627,250Net Assets 2021: $58,223,6522021

Highlighted filing

2015

Assets$14,559,006
Liabilities$1,557,103
Net Assets$13,001,903

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $7,116,8742010Expenses 2011: $10,515,9662011Expenses 2012: $14,968,7452012Expenses 2013: $18,863,0582013Revenue 2015: $19,892,090Expenses 2015: $22,960,049Net Income 2015: -$3,067,9592015Revenue 2017: $20,445,922Expenses 2017: $27,087,087Net Income 2017: -$6,641,1652017Revenue 2018: $22,220,984Expenses 2018: $29,035,540Net Income 2018: -$6,814,5562018Revenue 2019: $51,796,365Expenses 2019: $28,950,010Net Income 2019: $22,846,3552019Revenue 2020: $50,938,774Expenses 2020: $32,025,700Net Income 2020: $18,913,0742020Revenue 2021: $31,503,577Expenses 2021: $31,951,704Net Income 2021: -$448,1272021

Highlighted filing

2015

Revenue$19,892,090
Expenses$22,960,049
Net Income-$3,067,959
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Feb 11, 2016
Return Version
2014v6.0
Gross Receipts
$19,892,090
Mission and Program Overview

Mission

Teach for all, inc. ("teach for all") is a global network of national organizations that are enlisting their nations' most promising future leaders in the effort to expand educational opportunity by teaching for two years in high-need schools and becoming lifelong leaders for educational excellence and equity. Teach for all accelerates the progress and increases the impact of these organizations by facilitating knowledge capture, high-impact direct connections, access to global resources and leadership development.

Teach for All's Mission is to expand educational opportunity internationally by increasing and accelerating the impact of independent social enterprises in the network.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$10,834,457$7,768,998▼ $3,065,459
Cash and Non-Interest-Bearing Accounts$6,021,758$5,027,909▼ $993,849
Savings and Temporary Cash Investments$168,796$796,628▲ $627,832
Prepaid Expenses and Deferred Charges$543,207$392,668▼ $150,539
Land, Buildings, and Equipment, Net$569,849$365,807▼ $204,042
Accounts Receivable$149,441$206,996▲ $57,555
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$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$18,287,508$14,559,006▼ $3,728,502
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,938,804$1,541,424▼ $397,380
Other Liabilities$10,740$15,679▲ $4,939
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,949,544$1,557,103▼ $392,441
Net Assets / Fund Balance
Temporarily Rstr Net Assets$11,607,301$8,012,239▼ $3,595,062
Unrestricted Net Assets$4,730,663$4,989,664▲ $259,001
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$16,337,964$13,001,903▼ $3,336,061
Total Liabilities and Net Assets / Fund Balance$18,287,508$14,559,006▼ $3,728,502

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$301,078$316,672$617,750
Equipment$18,270$56,184$74,454
Leasehold Improvements$46,459$7,743$54,202
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wendy KoppChief Executive OfficerFT$341,849$43,056$384,905
Nicholas Canningchief operating officerFT$265,131$37,420$302,551
Rebecca HelmerSenior Director, PE East AsiaFT$207,651$22,957$230,608
Karen KaplanDirector Regional GSD - EAPFT$183,675$28,205$211,880
Cheryl BucciVP, Human AssetsFT$162,784$46,265$209,049
Amy BlackVP, growth strategy & developFT$188,434$19,387$207,821
Mariyam FarooqSen. Director Participant/AlumFT$181,524$17,172$198,696
Abigail HustonDirector Partner Engagemt - EuropeFT$171,644$23,350$194,994
daniel obusVP Finance, Technology & AdminFT$170,939$19,723$190,662
Kyle ConleyDirector Participant & Alumni Imp.FT$164,351$25,158$189,509
Ashley OlingerVP Partner EngagementFT$170,394$18,262$188,656
Philip McComishVP Network impactFT$166,388$1,497$167,885
Noorain Khan non-votingSecretary (thru 5/15)FT$71,612$15,588$87,200

Board Members and Trustees

NameTitle
Joseph W SaundersChair of the board (thru 9/15)
Andreas SchleicherBoard Member
Dame Julia CleverdonBoard Member
Dr Antonella Mei-PochtlerBoard Member
Dr Frank AppelBoard member
Dr Rufus BlackBoard Member
Ian davisBoard Member
Laurene Powell JobsBoard Member
Sir John HoodBoard Member
TOMaS RECARTBoard Member
Fernando ReimersBoard member (as of 2/15)
John legendBoard member (as of 2/15)
Paul FletcherBoard member (as of 2/15)
Jim ONeillboard member (Thru 6/15)
Hikmet ErsekBoard Member (Thru 9/15)
Brett WigdortzCo-Founder/Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$19,778,929
Program Service Revenue
$0
Investment Income
$452
Other Revenue
$112,709
All Other Contributions
$19,778,929
Change in Net Assets
$-3,067,959

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$49,488Fair Market Value
Total Noncash Contributions1$49,488-

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,892,090
Revenue Not Reported on Form 990
$2,532,423
Total Revenue per Audited Statements
$22,424,513
Total Revenue per Form 990
$19,892,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,924,667
Other Expenses$6,647,582
Total Fundraising Expense$2,854,908
Grants and Similar Amounts Paid$1,387,800
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,072,047$2,060,713$1,727,917$10,860,677
Other Employee Benefits$1,093,245$239,603$240,041$1,572,889
Travel$1,145,305$172,707$129,315$1,447,327
Foreign Grants$1,387,800--$1,387,800
Conferences and Meetings$1,124,031$49,913$71,063$1,245,007
Current Officers, Directors, Trustees, and Key Employees$726,818$204,566$175,108$1,106,492
Fees for Services Other$270,479$776,025$20,342$1,066,846
Payroll Taxes$629,269$137,915$138,167$905,351
Information Technology$403,615$196,865$10$600,490
Pension Plan Contributions$333,111$73,007$73,140$479,258
Occupancy$125,830$153,452$83,272$362,554
Other Expenses$109,816$133,920$72,673$316,409
Depreciation Depletion-$204,942-$204,942
Office Expenses$42,367$51,667$28,038$122,072
Fees for Services Legal$18,808$53,960$1,414$74,182
Fees for Services Accounting$17,422$49,986$1,310$68,718
Insurance$22,583$27,540$14,945$65,068
Advertising$6,863$8,369$4,542$19,774
Total Functional Expenses$14,640,640$5,464,501$2,854,908$22,960,049

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$25,760,574
Expenses per Audited Statements$22,960,049
Total Expenses per Form 990$22,960,049
Expenses Not Reported on Form 990$2,800,525
International Activity

International Summary

Offices
4
Employees
59
Spending
$13,329,566

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesEarly Stage Entrepren.--$3,136,472
South AmericaProgram Services---$1,897,175
East Asia and the PacificProgram ServicesEarly Stage Entrepren.-1$1,698,727
Middle East and North AfricaProgram ServicesEarly Stage Entrepren.--$1,577,262
North AmericaGrantmakingEarly Stage Entrepren.13$1,145,000
South AsiaProgram Services---$888,707
Central America and the CaribbeanProgram ServicesEarly Stage Entrepren.-2$765,262
East Asia and the PacificProgram ServicesNetwork Ptnr Support-4$414,694
Europe (Including Iceland and Greenland)Program ServicesNetwork Ptnr Support-1$402,871
Sub-Saharan AfricaProgram Services---$377,716
Middle East and North AfricaProgram ServicesNetwork Ptnr Support--$258,018
South AmericaProgram ServicesNetwork Ptnr Support--$250,095
South AsiaProgram Services---$145,380
Central America and the CaribbeanProgram ServicesNetwork Ptnr Support-5$100,976
South AsiaGrantmakingEarly Stage Entrepren.-2$92,800
Europe (Including Iceland and Greenland)GrantmakingEarly Stage Entrepren.12$50,000
Middle East and North AfricaGrantmakingNetwork Ptnr Support28$50,000
South AmericaGrantmakingNetwork Ptnr Support-31$50,000
Sub-Saharan AfricaProgram Services---$28,411
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Obligations$15,679
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
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 11

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.

Form 990, Part VI, Line 12

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/disclosre statement that is distributed to these individuals. Potential conflicts are investigated as required.

Form 990, Part VI, Line 15A-B

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. TEACH FOR ALL, TEACH FOR AMERICA AND TEACH FIRST ALLOCATE SALARY BASED ON THE PERCENTAGE OF HOURS THE STAFF WILL PROVIDE TO EACH ORGANIZATION BASED ON THE RESOURCE SHARING AGREEMENT

FORM 990, PART VI, Line 19

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.

Filing and Contact Details

Filer

Filer Name
TEACH FOR ALL Inc
EIN
26-2122566
In Care Of
% DANIEL OBUS
Phone
6468984900
Address
25 Broadway 12th FL, NEW YORK, NY 10004

Signing Officer

Name
Daniel Obus
Title
VP Finance, Technology & Admin
Phone
2125990100
Signed
2016-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Kopp
Formed
2007
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
13
Employees
112
Volunteers
3

Preparer

Firm
Grant Thornton Llp
Address
757 THIRD AVE 2ND FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Additional Explanations

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.

Form 990, Part XI, Line 9

foreign exchange loss ($112,233) Unrealized loss ($149,221) Contributed Services Adjustment ($6,647) Rounding adjustment ($1) ------------ Total ($268,102)

Financial Statement Notes

FIN 48 Disclosure

Teach for All 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 standard provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The standard also provides guidance on measurement, classification, interest and penalties, and disclosure, and had no material impact on the accompanying financial statements. The tax years ended 2012, 2013, 2014 and 2015 are still open to audit for both federal and state purposes. Teach for All has processes presently in place to ensure the maintenance of its tax-exempt status; identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and identify and evaluate other matters that may be considered tax positions.

Schedule D, Part XI, Line 2D

foreign exchange loss ($112,233) Unrealized loss ($149,221) Rounding adjustment ($1) ------------ Total Line 2(d) ($261,455) Schedule D, Part XII, Line 2D Contributed Services Adjustment $6,647

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