Civic Intelligence

The Teacher Collaborative Inc

990 • Fiscal year 2021 • EIN 83-3639911

Jul 01, 2020 to Jun 30, 2021 • Filed on May 10, 2022

PO Box 441645Somerville, MA 02144

(860) 227-0577

Siviq Scores

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

Liabilities / Assets

55th percentile

0.04x

Higher debt load relative to assets than 55% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

49th percentile

0.03x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

68th percentile

25%

Higher net margin than 68% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

89th percentile

$103,365

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

85th percentile

57%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

77th percentile

59%

Faster revenue growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$610,954

Up $222,210 (+57%) from 2020

Net Assets

Up

$586,691

Up $236,421 (+67%) from 2020

Liabilities

Down

$24,263

Down $14,211 (-37%) from 2020

Revenue

Up

$941,769

Up $348,789 (+59%) from 2020

Expenses

Up

$705,348

Up $462,638 (+191%) from 2020

Net Income

Down

$236,421

Down $113,849 (-33%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2020: $388,744Liabilities 2020: $38,474Net Assets 2020: $350,2702020Assets 2021: $610,954Liabilities 2021: $24,263Net Assets 2021: $586,6912021Assets 2022: $819,128Liabilities 2022: $30,343Net Assets 2022: $788,7852022Assets 2023: $396,280Liabilities 2023: $21,324Net Assets 2023: $374,9562023Assets 2024: $718,184Liabilities 2024: $48,669Net Assets 2024: $669,5152024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2021

Assets$610,954
Liabilities$24,263
Net Assets$586,691

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2020: $592,980Expenses 2020: $242,710Net Income 2020: $350,2702020Revenue 2021: $941,769Expenses 2021: $705,348Net Income 2021: $236,4212021Revenue 2022: $863,651Expenses 2022: $661,557Net Income 2022: $202,0942022Revenue 2023: $493,792Expenses 2023: $907,621Net Income 2023: -$413,8292023Revenue 2024: $1,086,556Expenses 2024: $791,997Net Income 2024: $294,5592024Revenue 2025: $204,647Expenses 2025: $874,162Net Income 2025: -$669,5152025

Highlighted filing

2021

Revenue$941,769
Expenses$705,348
Net Income$236,421
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.2
Gross Receipts
$941,769
Mission and Program Overview

Mission

The teacher collaborative, inc. (the organization) is a non-profit organization devoted to bringing teachers together across massachusetts to help form a network of resources to reimagine the education profession.

The teacher collaborative, inc. (the organization) is a non-profit organization empowering educators to reimagine the teaching profession and ultimately transform learning for all sutdents to be more equitable and excellent.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,000$291,059▲ $290,059
Pledges and Grants Receivable-$240,300-
Cash and Non-Interest-Bearing Accounts$386,476$79,595▼ $306,881
Prepaid Expenses and Deferred Charges$1,268$0▼ $1,268
Total Assets$388,744$610,954▲ $222,210
Liabilities
Accounts Payable and Accrued Expenses$38,474$24,263▼ $14,211
Total Liabilities$38,474$24,263▼ $14,211
Net Assets / Fund Balance
Net Assets With Donor Restrictions$201,571$315,634▲ $114,063
Net Assets Without Donor Restrictions$148,699$271,057▲ $122,358
Total Net Assets Fund Balance$350,270$586,691▲ $236,421
Total Liabilities and Net Assets / Fund Balance$388,744$610,954▲ $222,210
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Maria FenwickPresidentFT$103,365$103,365

Board Members and Trustees

NameTitle
Jason GrayDirector
Jennifer CarrionDirector
Mollie ProctorDirector
Shakera Ford WalkerSecretary
Erika GiampietroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$941,710
Program Service Revenue
$0
Investment Income
$59
Other Revenue
$0
All Other Contributions
$901,410
Change in Net Assets
$236,421

Audited Revenue Reconciliation

Revenue per Audited Statements
$941,769
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$941,769
Total Revenue per Form 990
$941,769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$385,892
Other Expenses$319,456
Total Fundraising Expense$35,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$160,953$46,716$20,930$228,599
Fees for Services Other$157,444$31,212$269$188,925
Current Officers, Directors, Trustees, and Key Employees$88,013$25,538$11,449$125,000
Payroll Taxes$20,524$5,957$2,669$29,150
Office Expenses$12,591$13,492-$26,083
Fees for Services Accounting$2,750$8,250-$11,000
Other Expenses$4,380$4,818-$9,198
Other Employee Benefits$2,213$642$288$3,143
Insurance$390$2,419-$2,809
Advertising$636$200-$836
Total Functional Expenses$530,286$139,457$35,605$705,348

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$705,348
Total Expenses per Audited Statements$705,348
Total Expenses per Form 990$705,348
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
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
No
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 B, Line 11B

The organization's president, treasurer and outside bookkeeper perform a detailed review of the form 990. Once approved, a copy of the final form 990 is provided to all other board members prior to being filed with the irs.

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

The board has approved a conflict of interest policy which is applicable to all directors/trustees, officers, members of a committee with governing board delegated powers, or senior employees who have a direct or indirect financial or duality interest (collectively, "interested persons"). The policy requires interest persons to disclose any actual or possible conflicts of interest and all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After such disclosure, the interested person must leave the meeting while the remaining board or committee members shall decide if a conflict of interest actually exists, review alternatives, and vote on whether or not to approve the transaction. In addition, each interested person is required to annually sign a statement acknowledging their receipt and understanding of the policy, their agreement to comply with the policy, and provide information related to any actual or possible conflicts of interest.

Form 990, Part VI, Section C, Line 19

Upon written request and at state websites.

Filing and Contact Details

Filer

Filer Name
The Teacher Collaborative Inc
EIN
83-3639911
Phone
8602270577
Address
PO BOX 441645, SOMERVILLE, MA 02144

Signing Officer

Name
Maria Fenwick
Title
Executive Director
Phone
8602270577
Signed
2022-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maria Fenwick
Formed
2019
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
5
Volunteers
0

Preparer

Firm
Raffol and Company Inc
Address
105 CHESTNUT ST SUITE 11, NEEDHAM, MA 02492
Preparer
Jonathan Vitale
Phone
7814444926
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Program consultants: program service expenses 140,202. Management and general expenses 0. Fundraising expenses 0. Total expenses 140,202. Contractors: program service expenses 15,172. Management and general expenses 29,977. Fundraising expenses 0. Total expenses 45,149. Payroll & hr admin: program service expenses 2,070. Management and general expenses 600. Fundraising expenses 269. Total expenses 2,939. Board expenses: program service expenses 0. Management and general expenses 25. Fundraising expenses 0. Total expenses 25. Licenses and permits: program service expenses 0. Management and general expenses 610. Fundraising expenses 0. Total expenses 610.

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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0705348
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S PRESIDENT, TREASURER AND OUTSIDE BOOKKEEPER PERFORM A DETAILED REVIEW OF THE FORM 990. ONCE APPROVED, A COPY OF THE FINAL FORM 990 IS PROVIDED TO ALL OTHER BOARD MEMBERS PRIOR TO BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD HAS APPROVED A CONFLICT OF INTEREST POLICY WHICH IS APPLICABLE TO ALL DIRECTORS/TRUSTEES, OFFICERS, MEMBERS OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, OR SENIOR EMPLOYEES WHO HAVE A DIRECT OR INDIRECT FINANCIAL OR DUALITY INTEREST (COLLECTIVELY, "INTERESTED PERSONS"). THE POLICY REQUIRES INTEREST PERSONS TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST AND ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER SUCH DISCLOSURE, THE INTERESTED PERSON MUST LEAVE THE MEETING WHILE THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST ACTUALLY EXISTS, REVIEW ALTERNATIVES, AND VOTE ON WHETHER OR NOT TO APPROVE THE TRANSACTION. IN ADDITION, EACH INTERESTED PERSON IS REQUIRED TO ANNUALLY SIGN A STATEMENT ACKNOWLEDGING THEIR RECEIPT AND UNDERSTANDING OF THE POLICY, THEIR AGREEMENT TO COMPLY WITH THE POLICY, AND PROVIDE INFORMATION RELATED TO ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON WRITTEN REQUEST AND AT STATE WEBSITES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 140,202. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 140,202. CONTRACTORS: PROGRAM SERVICE EXPENSES 15,172. MANAGEMENT AND GENERAL EXPENSES 29,977. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,149. PAYROLL & HR ADMIN: PROGRAM SERVICE EXPENSES 2,070. MANAGEMENT AND GENERAL EXPENSES 600. FUNDRAISING EXPENSES 269. TOTAL EXPENSES 2,939. BOARD EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25. LICENSES AND PERMITS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 610. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 610.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0388744
IRS990/TotalAssetsEOYAmt0610954
IRS990/TotalAssetsGrp/BOYAmt0388744
IRS990/TotalAssetsGrp/EOYAmt0610954
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0941710
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt035605
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0139457
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0530286
IRS990/TotalFunctionalExpensesGrp/TotalAmt0705348
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt038474
IRS990/TotalLiabilitiesEOYAmt024263
IRS990/TotalLiabilitiesGrp/BOYAmt038474
IRS990/TotalLiabilitiesGrp/EOYAmt024263
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0350270
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0586691
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0530286
IRS990/TotalReportableCompFromOrgAmt0103365
IRS990/TotalRevenueGrp/ExclusionAmt059
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0941769
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0388744
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0610954
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 441645
IRS990/USAddress/CityNm0SOMERVILLE
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002144
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.THETEACHERCOLLABORATIVE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARIA FENWICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08602270577
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TEACHER COLLABORATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0TEAC
ReturnHeader/Filer/EIN0833639911
ReturnHeader/Filer/PhoneNum08602270577
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 441645
ReturnHeader/Filer/USAddress/CityNm0SOMERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002144
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471096596
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAFFOL AND COMPANY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0105 CHESTNUT ST SUITE 11
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEEDHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002492
ReturnHeader/PreparerPersonGrp/PhoneNum07814444926
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN VITALE
ReturnHeader/ReturnTs02022-05-10T12:43:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FENWICK
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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