Civic Intelligence

Teensharp

990 • Fiscal year 2022 • EIN 27-2246880

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 06, 2023

1200 N French St Floor 5Wilmington, DE 19801

(609) 227-3625

Siviq Scores

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

Liabilities / Assets

39th percentile

0.03x

Higher debt load relative to assets than 39% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

27th percentile

0.01x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

71st percentile

21%

Higher net margin than 71% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

78th percentile

$126,177

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

76th percentile

19%

Faster asset growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$535,053

Up $86,234 (+19%) from 2021

Net Assets

Up

$521,157

Up $243,073 (+87%) from 2021

Liabilities

Down

$13,896

Down $156,839 (-92%) from 2021

Revenue

Up

$1,176,393

Up $138,131 (+13%) from 2021

Expenses

Down

$933,320

Down $162,124 (-15%) from 2021

Net Income

Up

$243,073

Up $300,255 (+525%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2018: $523,903Liabilities 2018: $32,542Net Assets 2018: $491,3612018Assets 2019: $300,490Liabilities 2019: $87,051Net Assets 2019: $213,4392019Assets 2020: $441,926Liabilities 2020: $112,294Net Assets 2020: $329,6322020Assets 2021: $448,819Liabilities 2021: $170,735Net Assets 2021: $278,0842021Assets 2022: $535,053Liabilities 2022: $13,896Net Assets 2022: $521,1572022Assets 2023: $827,249Liabilities 2023: $17,341Net Assets 2023: $809,9082023Assets 2024: $934,232Liabilities 2024: $24,337Net Assets 2024: $909,8952024Assets 2025: $703,285Liabilities 2025: $68,296Net Assets 2025: $634,9892025

Highlighted filing

2022

Assets$535,053
Liabilities$13,896
Net Assets$521,157

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $868,739Expenses 2018: $631,361Net Income 2018: $237,3782018Revenue 2019: $672,065Expenses 2019: $949,987Net Income 2019: -$277,9222019Revenue 2020: $887,653Expenses 2020: $771,460Net Income 2020: $116,1932020Revenue 2021: $1,038,262Expenses 2021: $1,095,444Net Income 2021: -$57,1822021Revenue 2022: $1,176,393Expenses 2022: $933,320Net Income 2022: $243,0732022Revenue 2023: $1,231,532Expenses 2023: $942,781Net Income 2023: $288,7512023Revenue 2024: $1,096,358Expenses 2024: $1,035,470Net Income 2024: $60,8882024Revenue 2025: $901,776Expenses 2025: $1,175,547Net Income 2025: -$273,7712025

Highlighted filing

2022

Revenue$1,176,393
Expenses$933,320
Net Income$243,073
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 6, 2023
Return Version
2021v4.2
Gross Receipts
$1,176,393
Mission and Program Overview

Mission

[refer to schedule o for continuation of mission] - teensharp is a unique learning community where black, latino, and low-income students are supported to be successful, high-achieving, and reaching potential. We do so by providing a caliber of college advising, academic instruction, leadership development, and tutoring that's typically reserved for private school settings. Our core programs (described below) are striver, g2c academy, and parent network. Combined, they span the calendar year. Since our founding in 2009, teensharp has sent more than 400 young people to four-year colleges, including mit, cornell, yale, princeton, university of pennsylvania, macalester, northeastern, and many more. Our vision is that, one day, the diversity of those who occupy the nation's most influential leadership positions and highly-skilled jobs will reflect the nation's rich diversity.

Teensharp is building a diverse pipeline of leaders, one top college admission at a time. We do so by preparing hundreds of black, latino, and low-income students to attend, thrive at, and graduate (with little or no debt) from america's most selective universities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$20,000$266,224▲ $246,224
Cash and Non-Interest-Bearing Accounts$387,456$255,897▼ $131,559
Accounts Receivable$19,501--
Prepaid Expenses and Deferred Charges$13,137$11,183▼ $1,954
Land, Buildings, and Equipment, Net$8,725$1,749▼ $6,976
Total Assets$448,819$535,053▲ $86,234
Liabilities
Other Liabilities$78,075$0▼ $78,075
Accounts Payable and Accrued Expenses$92,175$13,896▼ $78,279
Unsecured Notes Loans Payable$485--
Total Liabilities$170,735$13,896▼ $156,839
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$169,417$305,205▲ $135,788
Net Assets With Donor Restrictions$108,667$215,952▲ $107,285
Total Net Assets Fund Balance$278,084$521,157▲ $243,073
Total Liabilities and Net Assets / Fund Balance$448,819$535,053▲ $86,234

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,749$26,221$27,970
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Atnreakn AlleyneExecutive DirectorFT$126,177$126,177

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,174,693
Program Service Revenue
$1,700
Investment Income
$0
Other Revenue
$0
All Other Contributions
$955,194
Change in Net Assets
$243,073
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$648,729
Other Expenses$261,591
Total Fundraising Expense$84,766
Professional Fundraising Fees$23,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$348,626$37,103$33,645$419,374
Current Officers, Directors, Trustees, and Key Employees$110,623$11,774$10,676$133,073
Fees for Services Other$122,833$5,949-$128,782
Other Employee Benefits$39,715$4,227$3,832$47,774
Payroll Taxes$37,884$4,032$3,656$45,572
Fees for Services Accounting-$41,602-$41,602
Fees for Services Professional Fundraising--$23,000$23,000
Occupancy-$11,645-$11,645
Information Technology-$11,532$99$11,631
Depreciation Depletion-$8,771-$8,771
Other Expenses$2,950$5,037$4,679$7,987
Insurance-$6,591-$6,591
Office Expenses$486$1,610$2,810$4,906
Advertising$230$788$2,133$3,151
Pension Plan Contributions$2,441$259$236$2,936
Travel$208$2,319-$2,527
Conferences and Meetings$180$679-$859
Total Functional Expenses$670,053$178,501$84,766$933,320
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$23,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 A, Line 2

The executive director, atnre alleyne, and a board member, tatiana poladko, have a spousal relationship.

Form 990, Part VI, Section B, Line 11B

A copy of the 990 was provided to the board prior to filing. It was also reviewed by the board president and treasurer prior to filing.

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

Any interests that could give rise to conflicts are discussed at board meetings.

Form 990, Part VI, Section B, Line 15A

The board conducts salary benchmarking through market analysis of comparable, regional, nonprofit organizations to determine the salary range. The board also considers budget forecasts, historic cash flows, and certainty of revenue streams when determining compensation of senior leadership. The final step of the compensation process involves a formal vote by the board.

Form 990, Part VI, Section C, Line 18

The organization's form 990 is availble upon request and is available for inspection at www.guidestar.org.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Teensharp
EIN
27-2246880
Phone
6092273625
Address
1200 N FRENCH ST FLOOR 5, WILMINGTON, DE 19801

Signing Officer

Name
Atnre Alleyne
Title
Executive Director
Phone
6092273625
Signed
2023-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Atnre Alleyne
Formed
2010
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
40
Volunteers
2

Preparer

Firm
Belfint Lyons & Shuman Pa
Address
1011 CENTRE RD STE 310, WILMINGTON, DE 19805
Preparer
Jonathan D Moll CPA
Phone
3022250600
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line I

Additional information on mission and programs - teensharp is a college preparatory and youth leadership nonprofit organization that bridges disparities in college access and success for low-income students and students of color. Many of our students do not receive adequate guidance and support to prepare for college, which is unsurprising considering that the average ratio of school counselors to students is 1:444 (national association for college admission counseling). Sadly, these disparities in access to college advising disproportionately affect low-income students and students of color; further, students of color are also at increased risk of being under-matched (attending institutions for which they are over-qualified). Teensharp employs an intensive approach that has helped our students grow as leaders and become successful scholars at some of the best institutions of higher learning in the nation. Through our college access and success work, we provide academic, leadership, and career preparation to high-potential, low-income and minority students in 9th-12th grade. Students attend all-day saturday programming through virtual program delivery, completing two college-level courses per year as well as seminars to teach them skills such as time management and successful academic habits. Students also receive support from academic advisors, who work with them to identify and address areas for growth, and these supports continue through college. Finally, we help high school and college students identify, apply for, and succeed in extra-curricular and career-related opportunities (e.g., internships, job shadows, volunteer opportunities, and competitive summer programs). Our research-based, unconventional approach to youth development and college advising has produced outcomes that significantly exceed those reported by most local, regional, and national programs; 100% of our students attend four-year institutions after graduating, with 95% attending highly selective institutions. Teensharp supports start early and last through college. Students in grades 9-12 take part in the programs identified in form 990 part iii. Teensharp provides our scholars with the type of services and supports that would be available to students at elite private schools or through a hired college admissions consultant. This intensive approach has helped our students grow as leaders and become successful scholars at some of best institutions of higher learning in the nation. Students' challenges do not end once they enroll in college, and neither does teensharp's commitment to student success. Students of color and low-income students are much less likely to attend college, and once enrolled they face financial, social, and academic challenges, thus lowering their chances of completing their degree within six years. Teensharp is innovative in our approach as we begin preparing students for college success from the beginning; we bolster our students' chances for success to and through college by helping them build the academic, social, and life skills they will need to succeed in college and then supporting them through tutoring, mentoring, and resource matching (to financial aid, internship opportunities, etc.) once they enroll in college. For example, in high school, we prepare them for the academic rigor they will face by offering college-level courses; we also prepare them for social challenges and inequities they may encounter, helping them contextualize their day-to-day experiences within the broader political context, and we continue to coach them both academically and socially through college. Of particular note, we encourage help-seeking behaviors-a key predictor of college student success-by helping students engage with professors and seek out academic, career, and financial support; we guide students in accessing the incredible on-campus resources available to them, such as career advising, internships, study abroad programs, research opp

Form 990, Part IX, Line 11G

Tutoring fees: program service expenses 96,769. Management and general expenses 0. Fundraising expenses 0. Total expenses 96,769. Contract services: program service expenses 25,584. Management and general expenses 3,550. Fundraising expenses 0. Total expenses 29,134. Other professional fees: program service expenses 480. Management and general expenses 2,399. Fundraising expenses 0. Total expenses 2,879.

Financial Statement Notes

PART X, LINE 2:

The organization follows the guidance in the income tax standard regarding the recognition and measurement of uncertain tax positions. The guidance clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements. The guidance further prescribes recognition and measurement of tax provisions taken, or expected to be taken, on a tax return that are not certain to be realized. The application of this standard had no impact on the organization's financial statements as of june 30, 2022 and 2021. The organization's federal form 990 is subject to examination by the irs, generally for three years after filing.

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IRS990/ActivityOrMissionDesc0TEENSHARP IS BUILDING A DIVERSE PIPELINE OF LEADERS, ONE TOP COLLEGE ADMISSION AT A TIME. WE DO SO BY PREPARING HUNDREDS OF BLACK, LATINO, AND LOW-INCOME STUDENTS TO ATTEND, THRIVE AT, AND GRADUATE (WITH LITTLE OR NO DEBT) FROM AMERICA'S MOST SELECTIVE UNIVERSITIES.
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IRS990/Desc0COLLEGE ACCESS AMBASSADOR TRAINING (STRIVER PROGRAM): STRIVER PROGRAM: HIGH SCHOOL SCHOLARS OF COLOR PARTICIPATE IN WEEKLY, FULL-DAY SATURDAY SESSIONS WHERE THEY COMPLETE TWO COLLEGE-LEVEL COURSES EACH YEAR, ACCELERATE THEIR MATHS PROFICIENCY, AND DEVELOP A DEEP UNDERSTANDING OF THE COLLEGE ADMISSIONS PROCESS. SCHOLARS ALSO MEET WITH LEADERS OF COLOR IN VARIOUS INDUSTRIES AND EXPLORE TOP COMPANIES IN THE DELAWARE VALLEY REGION. EACH SCHOLAR REGULARLY MEETS WITH THEIR ADVISOR TO ENSURE THAT THEY ARE COMPETITIVE IN THE COLLEGE ADMISSIONS PROCESS AND THAT THEY EVOLVE AS LEADERS IN THE COMMUNITY. FOR 2021-2022, THE DE PROGRAM SERVED 156 SCHOLARS AND THE NJ PROGRAM SERVED 41 SCHOLARS. 100% OF GRADUATING SENIORS WERE ADMITTED TO FOUR-YEAR COLLEGE; AND 93% WERE ADMITTED TO ONE OF THE TOP-COLLEGES (I.E. UNIVERSITY OF PENN, YALE UNIVERSITY, SWARTHMORE COLLEGE, TO NAME A FEW)DELAWARE GOES TO COLLEGE ACADEMY (DGCA): THE GOAL OF THE DGCA IS TO HELP LOW-INCOME STUDENTS ACROSS THE STATE OF DELAWARE GAIN ADMISSION TO SELECTIVE COLLEGES THAT ARE THE BEST ACADEMIC AND FINANCIAL FITS. WE DO THIS BY PROVIDING HIGH-QUALITY ACADEMIC ADVISING AS WELL AS ASSISTING STUDENTS WITH THE COLLEGE APPLICATION PROCESS. FOR THE 2021-2022 ACADEMIC YEAR, DGCA SERVED 400 STUDENTS. COLLEGE SUCCESS PROGRAM (CSP): TEENSHARP'S COLLEGE SUCCESS PROGRAM SUPPORTS ALL SCHOLARS THROUGH THE TRANSITION AND MATRICULATION PROCESS TO COLLEGE TO ENSURE THAT EVERY STUDENT ACTUALLY LANDS ON THEIR SELECTED COLLEGE CAMPUS. CSP CONTINUES TO WORK WITH SCHOLARS THROUGH EVERY YEAR OF COLLEGE AND HELP ADDRESS EVERY BARRIER/OBSTACLE THAT THE STUDENTS ENCOUNTER. THIS IS ACCOMPLISHED THROUGH SCHEDULED CALLS, FREQUENT TEXTS, AND OCCASIONAL FACE-TO-FACE MEETINGS (ESPECIALLY DURING COLLEGE BREAK SESSIONS).PARENT NETWORK: CREATED AND LED BY THE PARENT OF A TEENSHARP ALUM, THIS PROGRAM EMPOWERS PARENTS OF OUR SCHOLARS TO MAKE STRATEGIC DECISIONS ON BEHALF OF THEIR CHILDREN (E.G., HIGH SCHOOL SELECTION, SUMMER ACTIVITIES, TUTOR SUPPORT), ADVOCATE FOR STUDENTS' NEEDS (E.G., MEET WITH TEACHERS/PRINCIPALS, HELP STUDENTS TAKE OWNERSHIP OF EDUCATION), AND SUPPORT THE CHILDREN AT HOME (E.G., BETTER TIME MANAGEMENT, REINFORCE STUDY SCHEDULE). THIS ROBUST PARENT COMMUNITY COORDINATES SHARED LEARNINGS, COMMUNITY BUILDING EVENTS, AND SUPPORT NETWORKS.SUMMER PROGRAMMING: TEENSHARP UTILIZES SUMMER TIME TO HELP STUDENTS IMPROVE THEIR PROFICIENCY IN CORE SUBJECTS AND PREPARE FOR AN ACCELERATED CURRICULUM WHEN NEEDED.
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IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
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IRS990/MissionDesc0[REFER TO SCHEDULE O FOR CONTINUATION OF MISSION] - TEENSHARP IS A UNIQUE LEARNING COMMUNITY WHERE BLACK, LATINO, AND LOW-INCOME STUDENTS ARE SUPPORTED TO BE SUCCESSFUL, HIGH-ACHIEVING, AND REACHING POTENTIAL. WE DO SO BY PROVIDING A CALIBER OF COLLEGE ADVISING, ACADEMIC INSTRUCTION, LEADERSHIP DEVELOPMENT, AND TUTORING THAT'S TYPICALLY RESERVED FOR PRIVATE SCHOOL SETTINGS. OUR CORE PROGRAMS (DESCRIBED BELOW) ARE STRIVER, G2C ACADEMY, AND PARENT NETWORK. COMBINED, THEY SPAN THE CALENDAR YEAR. SINCE OUR FOUNDING IN 2009, TEENSHARP HAS SENT MORE THAN 400 YOUNG PEOPLE TO FOUR-YEAR COLLEGES, INCLUDING MIT, CORNELL, YALE, PRINCETON, UNIVERSITY OF PENNSYLVANIA, MACALESTER, NORTHEASTERN, AND MANY MORE. OUR VISION IS THAT, ONE DAY, THE DIVERSITY OF THOSE WHO OCCUPY THE NATION'S MOST INFLUENTIAL LEADERSHIP POSITIONS AND HIGHLY-SKILLED JOBS WILL REFLECT THE NATION'S RICH DIVERSITY.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN, OR EXPECTED TO BE TAKEN, ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS AS OF JUNE 30, 2022 AND 2021. THE ORGANIZATION'S FEDERAL FORM 990 IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADDITIONAL INFORMATION ON MISSION AND PROGRAMS - TEENSHARP IS A COLLEGE PREPARATORY AND YOUTH LEADERSHIP NONPROFIT ORGANIZATION THAT BRIDGES DISPARITIES IN COLLEGE ACCESS AND SUCCESS FOR LOW-INCOME STUDENTS AND STUDENTS OF COLOR. MANY OF OUR STUDENTS DO NOT RECEIVE ADEQUATE GUIDANCE AND SUPPORT TO PREPARE FOR COLLEGE, WHICH IS UNSURPRISING CONSIDERING THAT THE AVERAGE RATIO OF SCHOOL COUNSELORS TO STUDENTS IS 1:444 (NATIONAL ASSOCIATION FOR COLLEGE ADMISSION COUNSELING). SADLY, THESE DISPARITIES IN ACCESS TO COLLEGE ADVISING DISPROPORTIONATELY AFFECT LOW-INCOME STUDENTS AND STUDENTS OF COLOR; FURTHER, STUDENTS OF COLOR ARE ALSO AT INCREASED RISK OF BEING UNDER-MATCHED (ATTENDING INSTITUTIONS FOR WHICH THEY ARE OVER-QUALIFIED). TEENSHARP EMPLOYS AN INTENSIVE APPROACH THAT HAS HELPED OUR STUDENTS GROW AS LEADERS AND BECOME SUCCESSFUL SCHOLARS AT SOME OF THE BEST INSTITUTIONS OF HIGHER LEARNING IN THE NATION. THROUGH OUR COLLEGE ACCESS AND SUCCESS WORK, WE PROVIDE ACADEMIC, LEADERSHIP, AND CAREER PREPARATION TO HIGH-POTENTIAL, LOW-INCOME AND MINORITY STUDENTS IN 9TH-12TH GRADE. STUDENTS ATTEND ALL-DAY SATURDAY PROGRAMMING THROUGH VIRTUAL PROGRAM DELIVERY, COMPLETING TWO COLLEGE-LEVEL COURSES PER YEAR AS WELL AS SEMINARS TO TEACH THEM SKILLS SUCH AS TIME MANAGEMENT AND SUCCESSFUL ACADEMIC HABITS. STUDENTS ALSO RECEIVE SUPPORT FROM ACADEMIC ADVISORS, WHO WORK WITH THEM TO IDENTIFY AND ADDRESS AREAS FOR GROWTH, AND THESE SUPPORTS CONTINUE THROUGH COLLEGE. FINALLY, WE HELP HIGH SCHOOL AND COLLEGE STUDENTS IDENTIFY, APPLY FOR, AND SUCCEED IN EXTRA-CURRICULAR AND CAREER-RELATED OPPORTUNITIES (E.G., INTERNSHIPS, JOB SHADOWS, VOLUNTEER OPPORTUNITIES, AND COMPETITIVE SUMMER PROGRAMS). OUR RESEARCH-BASED, UNCONVENTIONAL APPROACH TO YOUTH DEVELOPMENT AND COLLEGE ADVISING HAS PRODUCED OUTCOMES THAT SIGNIFICANTLY EXCEED THOSE REPORTED BY MOST LOCAL, REGIONAL, AND NATIONAL PROGRAMS; 100% OF OUR STUDENTS ATTEND FOUR-YEAR INSTITUTIONS AFTER GRADUATING, WITH 95% ATTENDING HIGHLY SELECTIVE INSTITUTIONS. TEENSHARP SUPPORTS START EARLY AND LAST THROUGH COLLEGE. STUDENTS IN GRADES 9-12 TAKE PART IN THE PROGRAMS IDENTIFIED IN FORM 990 PART III. TEENSHARP PROVIDES OUR SCHOLARS WITH THE TYPE OF SERVICES AND SUPPORTS THAT WOULD BE AVAILABLE TO STUDENTS AT ELITE PRIVATE SCHOOLS OR THROUGH A HIRED COLLEGE ADMISSIONS CONSULTANT. THIS INTENSIVE APPROACH HAS HELPED OUR STUDENTS GROW AS LEADERS AND BECOME SUCCESSFUL SCHOLARS AT SOME OF BEST INSTITUTIONS OF HIGHER LEARNING IN THE NATION. STUDENTS' CHALLENGES DO NOT END ONCE THEY ENROLL IN COLLEGE, AND NEITHER DOES TEENSHARP'S COMMITMENT TO STUDENT SUCCESS. STUDENTS OF COLOR AND LOW-INCOME STUDENTS ARE MUCH LESS LIKELY TO ATTEND COLLEGE, AND ONCE ENROLLED THEY FACE FINANCIAL, SOCIAL, AND ACADEMIC CHALLENGES, THUS LOWERING THEIR CHANCES OF COMPLETING THEIR DEGREE WITHIN SIX YEARS. TEENSHARP IS INNOVATIVE IN OUR APPROACH AS WE BEGIN PREPARING STUDENTS FOR COLLEGE SUCCESS FROM THE BEGINNING; WE BOLSTER OUR STUDENTS' CHANCES FOR SUCCESS TO AND THROUGH COLLEGE BY HELPING THEM BUILD THE ACADEMIC, SOCIAL, AND LIFE SKILLS THEY WILL NEED TO SUCCEED IN COLLEGE AND THEN SUPPORTING THEM THROUGH TUTORING, MENTORING, AND RESOURCE MATCHING (TO FINANCIAL AID, INTERNSHIP OPPORTUNITIES, ETC.) ONCE THEY ENROLL IN COLLEGE. FOR EXAMPLE, IN HIGH SCHOOL, WE PREPARE THEM FOR THE ACADEMIC RIGOR THEY WILL FACE BY OFFERING COLLEGE-LEVEL COURSES; WE ALSO PREPARE THEM FOR SOCIAL CHALLENGES AND INEQUITIES THEY MAY ENCOUNTER, HELPING THEM CONTEXTUALIZE THEIR DAY-TO-DAY EXPERIENCES WITHIN THE BROADER POLITICAL CONTEXT, AND WE CONTINUE TO COACH THEM BOTH ACADEMICALLY AND SOCIALLY THROUGH COLLEGE. OF PARTICULAR NOTE, WE ENCOURAGE HELP-SEEKING BEHAVIORS-A KEY PREDICTOR OF COLLEGE STUDENT SUCCESS-BY HELPING STUDENTS ENGAGE WITH PROFESSORS AND SEEK OUT ACADEMIC, CAREER, AND FINANCIAL SUPPORT; WE GUIDE STUDENTS IN ACCESSING THE INCREDIBLE ON-CAMPUS RESOURCES AVAILABLE TO THEM, SUCH AS CAREER ADVISING, INTERNSHIPS, STUDY ABROAD PROGRAMS, RESEARCH OPP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR, ATNRE ALLEYNE, AND A BOARD MEMBER, TATIANA POLADKO, HAVE A SPOUSAL RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING. IT WAS ALSO REVIEWED BY THE BOARD PRESIDENT AND TREASURER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS ARE DISCUSSED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD CONDUCTS SALARY BENCHMARKING THROUGH MARKET ANALYSIS OF COMPARABLE, REGIONAL, NONPROFIT ORGANIZATIONS TO DETERMINE THE SALARY RANGE. THE BOARD ALSO CONSIDERS BUDGET FORECASTS, HISTORIC CASH FLOWS, AND CERTAINTY OF REVENUE STREAMS WHEN DETERMINING COMPENSATION OF SENIOR LEADERSHIP. THE FINAL STEP OF THE COMPENSATION PROCESS INVOLVES A FORMAL VOTE BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S FORM 990 IS AVAILBLE UPON REQUEST AND IS AVAILABLE FOR INSPECTION AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TUTORING FEES: PROGRAM SERVICE EXPENSES 96,769. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,769. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 25,584. MANAGEMENT AND GENERAL EXPENSES 3,550. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,134. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 480. MANAGEMENT AND GENERAL EXPENSES 2,399. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,879.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

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