Civic Intelligence

Teensharp

990 • Fiscal year 2023 • EIN 27-2246880

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 19, 2024

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

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

77th percentile

23%

Higher net margin than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

80th percentile

$137,960

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

90th percentile

55%

Faster asset growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

46th percentile

4.7%

Faster revenue growth than 46% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$827,249

Up $292,196 (+55%) from 2022

Net Assets

Up

$809,908

Up $288,751 (+55%) from 2022

Liabilities

Up

$17,341

Up $3,445 (+25%) from 2022

Revenue

Up

$1,231,532

Up $55,139 (+4.7%) from 2022

Expenses

Up

$942,781

Up $9,461 (+1.0%) from 2022

Net Income

Up

$288,751

Up $45,678 (+19%) from 2022

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

2023

Assets$827,249
Liabilities$17,341
Net Assets$809,908

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

2023

Revenue$1,231,532
Expenses$942,781
Net Income$288,751
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 19, 2024
Return Version
2022v5.0
Gross Receipts
$1,231,532
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
Cash and Non-Interest-Bearing Accounts$255,897$647,426▲ $391,529
Pledges and Grants Receivable$266,224$170,777▼ $95,447
Prepaid Expenses and Deferred Charges$11,183$7,656▼ $3,527
Land, Buildings, and Equipment, Net$1,749$1,390▼ $359
Total Assets$535,053$827,249▲ $292,196
Liabilities
Accounts Payable and Accrued Expenses$13,896$17,341▲ $3,445
Total Liabilities$13,896$17,341▲ $3,445
Net Assets / Fund Balance
Net Assets With Donor Restrictions$215,952$660,869▲ $444,917
Net Assets Without Donor Restrictions$305,205$149,039▼ $156,166
Total Net Assets Fund Balance$521,157$809,908▲ $288,751
Total Liabilities and Net Assets / Fund Balance$535,053$827,249▲ $292,196

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,390$26,580$27,970
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Atnreakn AlleyneExecutive DirectorFT$135,000$2,960$137,960

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,222,396
Program Service Revenue
$9,136
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,055,098
Change in Net Assets
$288,751
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$670,579
Other Expenses$250,952
Total Fundraising Expense$95,099
Professional Fundraising Fees$21,250
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$351,018$35,566$22,815$409,399
Current Officers, Directors, Trustees, and Key Employees$123,194$12,482$8,008$143,684
Fees for Services Other$58,146$52,078$23,008$133,232
Other Employee Benefits$55,658$5,639$3,618$64,915
Payroll Taxes$37,512$3,801$2,438$43,751
Fees for Services Accounting-$42,359-$42,359
Fees for Services Professional Fundraising--$21,250$21,250
Advertising-$73$10,453$10,526
Pension Plan Contributions$7,571$768$491$8,830
Information Technology-$8,529-$8,529
Insurance-$7,636-$7,636
Other Expenses$3,580$2,779$77$6,436
Travel$140$6,262-$6,402
Conferences and Meetings$1,000$5,253-$6,253
Office Expenses$1,000$2,008$2,268$5,276
Occupancy$160$2,450-$2,610
Depreciation Depletion-$359-$359
Total Functional Expenses$644,759$202,923$95,099$942,781
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$21,250
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
2024-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Atnre Alleyne
Formed
2010
Legal Domicile
Nj
Voting Board Members
11
Independent Board Members
11
Employees
29
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 I, Line 1

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 36,796. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,796. Contract services: program service expenses 18,200. Management and general expenses 22,949. Fundraising expenses 23,008. Total expenses 64,157. Other professional fees: program service expenses 3,150. Management and general expenses 29,129. Fundraising expenses 0. Total expenses 32,279.

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, 2023 and 2022. 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 2022-2023, 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 2022-2023 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/TitleTxt11EXECUTIVE 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, 2023 AND 2022. 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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IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0CONCRETE ROSE LLC
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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 36,796. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,796. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 18,200. MANAGEMENT AND GENERAL EXPENSES 22,949. FUNDRAISING EXPENSES 23,008. TOTAL EXPENSES 64,157. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 3,150. MANAGEMENT AND GENERAL EXPENSES 29,129. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,279.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
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
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IRS990/TotalLiabilitiesGrp/BOYAmt013896
IRS990/TotalLiabilitiesGrp/EOYAmt017341

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