Civic Intelligence

The Educator Academy Inc

990 • Fiscal year 2017 • EIN 47-5135488

Jul 01, 2016 to Jun 30, 2017 • Filed on May 04, 2018

415 DELAWARE No STE 4EKansas City, MO 64105

(816) 298-5660

Siviq Scores

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

Liabilities / Assets

49th percentile

0.09x

Higher debt load relative to assets than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

28th percentile

0.02x

Higher debt load relative to revenue than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

66th percentile

9.9%

Higher net margin than 66% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

45th percentile

$50,845

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

94th percentile

73%

Faster asset growth than 94% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

98th percentile

387%

Faster revenue growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$801,611

Up $338,873 (+73%) from 2016

Net Assets

Up

$732,921

Up $288,872 (+65%) from 2016

Liabilities

Up

$68,690

Up $50,001 (+268%) from 2016

Revenue

Up

$2,908,456

Up $2,311,774 (+387%) from 2016

Expenses

Up

$2,619,945

Up $2,467,312 (+1616%) from 2016

Net Income

Down

$288,511

Down $155,538 (-35%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2016: $462,738Liabilities 2016: $18,689Net Assets 2016: $444,0492016Assets 2017: $801,611Liabilities 2017: $68,690Net Assets 2017: $732,9212017Assets 2018: $1,134,921Liabilities 2018: $36,011Net Assets 2018: $1,098,9102018Assets 2019: $1,235,543Liabilities 2019: $25,171Net Assets 2019: $1,210,3722019Assets 2020: $1,453,233Liabilities 2020: $230,329Net Assets 2020: $1,222,9042020Assets 2021: $1,678,100Liabilities 2021: $68,396Net Assets 2021: $1,609,7042021Assets 2022: $1,891,989Liabilities 2022: $111,373Net Assets 2022: $1,780,6162022Assets 2023: $8,012,710Liabilities 2023: $569,459Net Assets 2023: $7,443,2512023Assets 2024: $8,100,377Liabilities 2024: $502,541Net Assets 2024: $7,597,8362024Assets 2025: $7,098,544Liabilities 2025: $376,586Net Assets 2025: $6,721,9582025

Highlighted filing

2017

Assets$801,611
Liabilities$68,690
Net Assets$732,921

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2016: $596,682Expenses 2016: $152,633Net Income 2016: $444,0492016Revenue 2017: $2,908,456Expenses 2017: $2,619,945Net Income 2017: $288,5112017Revenue 2018: $2,928,202Expenses 2018: $2,562,213Net Income 2018: $365,9892018Revenue 2019: $3,599,005Expenses 2019: $3,487,543Net Income 2019: $111,4622019Revenue 2020: $2,920,461Expenses 2020: $2,907,929Net Income 2020: $12,5322020Revenue 2021: $3,208,187Expenses 2021: $2,821,387Net Income 2021: $386,8002021Revenue 2022: $4,152,267Expenses 2022: $3,981,355Net Income 2022: $170,9122022Revenue 2023: $9,473,412Expenses 2023: $3,810,777Net Income 2023: $5,662,6352023Revenue 2024: $3,323,729Expenses 2024: $3,242,007Net Income 2024: $81,7222024Revenue 2025: $2,701,057Expenses 2025: $3,863,831Net Income 2025: -$1,162,7742025

Highlighted filing

2017

Revenue$2,908,456
Expenses$2,619,945
Net Income$288,511
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 4, 2018
Return Version
2016v3.0
Gross Receipts
$2,908,456
Mission and Program Overview

Mission

We recruit, cultivate, support, and retain a diverse network of empowered and effective educators. We prepare teachers to create transformative and equitable classroom experiences for all students in the communities we serve.

To recruit, develop, place, and retain mission orientated individuals who want to make a deep commitment to working in high need urban schools in the Kansas City area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$395,456$731,458▲ $336,002
Land, Buildings, and Equipment, Net$36,833$43,069▲ $6,236
Savings and Temporary Cash Investments$15,000$15,000→ $0
Prepaid Expenses and Deferred Charges$11,801$8,436▼ $3,365
Total Assets$462,738$801,611▲ $338,873
Other Assets Total$3,648$3,648→ $0
Liabilities
Accounts Payable and Accrued Expenses$18,689$68,690▲ $50,001
Total Liabilities$18,689$68,690▲ $50,001
Net Assets / Fund Balance
Unrestricted Net Assets$444,049$568,621▲ $124,572
Temporarily Rstr Net Assets$0$164,300▲ $164,300
Total Net Assets Fund Balance$444,049$732,921▲ $288,872
Total Liabilities and Net Assets / Fund Balance$462,738$801,611▲ $338,873

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$22,489$2,898$25,387
Equipment$17,398$5,243$22,641
Leasehold Improvements$3,182$795$3,977
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles KingExecutive DirectorFT$47,951$2,894$50,845

Board Members and Trustees

NameTitle
Catherine BoodyChairman of the Board
Antoine DulanBoarD MEMBER
Beth AllenBoard Member
Debra SappBoarD MEMBER
Julie HollandBoard Member
Tim HolmanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,620,842
Program Service Revenue
$287,500
Investment Income
$114
Other Revenue
$0
All Other Contributions
$2,620,842
Change in Net Assets
$288,511

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,908,456
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$73,968
Total Revenue per Audited Statements
$2,982,424
Total Revenue per Form 990
$2,908,456
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,920,525
Salaries, Compensation, and Employee Benefits$699,420
Total Fundraising Expense$12,534
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$470,876$26,826$8,628$506,330
Current Officers, Directors, Trustees, and Key Employees$101,125$5,761$1,853$108,739
Office Expenses$67,110$20,604-$87,714
Occupancy-$51,796-$51,796
Payroll Taxes$43,296$2,467$793$46,556
Other Employee Benefits$35,148$2,002$645$37,795
Fees for Services Legal-$33,391-$33,391
Fees for Services Accounting-$31,795-$31,795
Other Expenses$1,600$24,838-$26,438
Information Technology$11,678$7,825-$19,503
Conferences and Meetings$9,434$5,876$615$15,925
Travel$6,854$9,010-$15,864
Insurance-$14,671-$14,671
Depreciation Depletion-$8,186-$8,186
All Other Expenses$6,948--$6,948
Advertising$2,698--$2,698
Fees for Services Other-$1,670-$1,670
Total Functional Expenses$2,132,720$474,691$12,534$2,619,945

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,693,913
Expenses per Audited Statements$2,619,945
Total Expenses per Form 990$2,619,945
Expenses Not Reported on Form 990$73,968
Expenses Not Reported on Financial Statements$0
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
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, Section B, line 11B

UPON REQUEST

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

Kctr enforces compliance of the conflict of interest policy by having all employees and board members complete a conflict of interest for them and their families, along with embedding the policy in the employee handbood where it is signed annually.

Form 990, Part VI, Section B, line 15

Compensation is determined based on a thorough compensation study done by an external consultant. The board and Executive Director then determine a compensation philosophy to enable KCTR to attract high quality talent to help them reach the goals that have been set by the organization and that contribute to the mission of the organization. Using those two pieces of information, the Executive Director recommends current salaries and the board approves.

Form 990, Part VI, Section C, line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Kansas City Teacher Residency Inc
EIN
47-5135488
Phone
8162985660
Address
415 DELAWARE No STE 4E, KANSAS CITY, MO 64105

Signing Officer

Name
Charles King
Title
Executive Director
Phone
8162985660
Signed
2018-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles King
Formed
2015
Legal Domicile
Mo
Voting Board Members
6
Independent Board Members
6
Employees
11
Volunteers
32

Preparer

Firm
Cbiz Mhm LLC
Address
700 West 47th Street Suite 1100, Kansas City, MO 64112
Preparer
Lisa Burke
Phone
8169455500
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Organization is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code and exempt from state income taxes under the laws of the state of Missouri. The organization has adopted the standards requiring disclosure of uncertain tax positions under accounting standards codification ("ASC") 740, "income taxes." there has not been any interest or penalties recognized either in the statements of activities and changes in net assets or in the statements of financial position related to uncertain tax positions. in addition, the organization did not have any material uncertain tax positions at june 30, 2017.

Part XI, Line 2D - Other Adjustments:

Insurance proceeds 73,968.

Part XII, Line 2D - Other Adjustments:

Insurance proceeds 73,968.

Raw XML AppendixShowing 400 of 412 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/SavingsAndTempCashInvstGrp/EOYAmt015000
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The total amount in column (e) includes the short period return amount of $596,617 from 1/1/2016 to 6/30/2016 and the full fiscal year amount of $2,620,842 from 7/1/2016 to 6/30/2017.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1the total amount in column (e) includes the short period return amount of $38 from 1/1/2016 to 6/30/2016 and the full fiscal year amount of $114 from 7/1/2016 to 6/30/2017.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, section a, line 1, column e
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1part ii, section a, line 8, column e
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03217459
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03217459
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0152
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0152
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01796803
IRS990ScheduleA/SubstantialContributorsTotAmt01420656
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03217459
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03217459
IRS990ScheduleA/TotalSupportAmt03217611
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt017398
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05243
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022641
IRS990ScheduleD/ExpensesNotReportedAmt073968
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02619945
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03182
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0795
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03977
IRS990ScheduleD/OtherExpensesIncludedAmt073968
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022489
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02898
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025387
IRS990ScheduleD/OtherRevenueAmt073968
IRS990ScheduleD/RevenueNotReportedAmt073968
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02908456
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal income taxes under section 501(c)(3) of the Internal Revenue Code and exempt from state income taxes under the laws of the state of Missouri. The organization has adopted the standards requiring disclosure of uncertain tax positions under accounting standards codification ("ASC") 740, "income taxes." there has not been any interest or penalties recognized either in the statements of activities and changes in net assets or in the statements of financial position related to uncertain tax positions. in addition, the organization did not have any material uncertain tax positions at june 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Insurance proceeds 73,968.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Insurance proceeds 73,968.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt043069
IRS990ScheduleD/TotalExpensesPerForm990Amt02619945
IRS990ScheduleD/TotalRevenuePerForm990Amt02908456
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02982424
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02693913
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KCTR ENFORCES COMPLIANCE OF THE CONFLICT OF INTEREST POLICY BY HAVING ALL EMPLOYEES AND BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST FOR THEM AND THEIR FAMILIES, ALONG WITH EMBEDDING THE POLICY IN THE EMPLOYEE HANDBOOD WHERE IT IS SIGNED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is determined based on a thorough compensation study done by an external consultant. The board and Executive Director then determine a compensation philosophy to enable KCTR to attract high quality talent to help them reach the goals that have been set by the organization and that contribute to the mission of the organization. Using those two pieces of information, the Executive Director recommends current salaries and the board approves.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MO
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0164300
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0462738
IRS990/TotalAssetsEOYAmt0801611
IRS990/TotalAssetsGrp/BOYAmt0462738
IRS990/TotalAssetsGrp/EOYAmt0801611
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02620842
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012534
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0474691
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02132720
IRS990/TotalFunctionalExpensesGrp/TotalAmt02619945
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018689
IRS990/TotalLiabilitiesEOYAmt068690
IRS990/TotalLiabilitiesGrp/BOYAmt018689
IRS990/TotalLiabilitiesGrp/EOYAmt068690
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0444049
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0732921
IRS990/TotalOtherCompensationAmt02894
IRS990/TotalProgramServiceExpensesAmt02132720
IRS990/TotalProgramServiceRevenueAmt0287500
IRS990/TotalReportableCompFromOrgAmt047951
IRS990/TotalRevenueGrp/ExclusionAmt0114
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0287500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02908456
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt032
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0462738
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0801611
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt09010
IRS990/TravelGrp/ProgramServicesAmt06854
IRS990/TravelGrp/TotalAmt015864
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0444049
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0568621
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0415 DELAWARE No STE 4E
IRS990/USAddress/CityNm0KANSAS CITY
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd064105
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0kcteach.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Charles King
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08162985660
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KANSAS CITY TEACHER RESIDENCY INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0% CHARLES KING
ReturnHeader/Filer/BusinessNameControlTxt0KANS
ReturnHeader/Filer/EIN0475135488
ReturnHeader/Filer/PhoneNum08162985660
ReturnHeader/Filer/USAddress/AddressLine1Txt0415 DELAWARE No STE 4E
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064105
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08CB4C18390C65B76B706FCA78962C91B0297965F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt04.15.200.102
ReturnHeader/FilingSecurityInformation/IPDt02018-05-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:29:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341874260

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