Form 990 for tax year 2023

Filed by MODERN CLASSROOMS PROJECT INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 26 March 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue: $7,059,682 changed to $12,439,198
Total expenses: $6,246,819 changed to $10,850,268
Contributions and grants received: $4,735,068 changed to $9,063,408
Program service revenue: $2,316,430 changed to $3,279,169
Investment income: $6,382 changed to $93,506
Other revenue: $1,802 changed to $3,115
Total assets, end of year: $6,301,540 changed to $8,251,792
Total liabilities, end of year: $474,047 changed to $793,103
Net assets or fund balances, end of year: $5,827,493 changed to $7,458,689
Program services expenses: $5,635,711 changed to $9,897,528
Management and general expenses: $400,810 changed to $525,943
Fundraising expenses: $210,298 changed to $426,797
Program service expenses (Part III): $5,635,711 changed to $9,897,528

Listed only on the earlier return

Annie Cole - Vice President Of DataANNIE COLE - VICE PRESIDENT OF DATA
Rex Bolinger - Head Of StrategicREX BOLINGER - HEAD OF STRATEGIC
Steven Rice - Vice President OfSTEVEN RICE - VICE PRESIDENT OF

Listed only on the later return

Annie Cole - Vice President OfANNIE COLE - VICE PRESIDENT OF
Aubrey White - ChiefAUBREY WHITE - CHIEF
James Edmond - Vice PresidentJAMES EDMOND - VICE PRESIDENT
Matthew Hickson - Head Of PartnerMATTHEW HICKSON - HEAD OF PARTNER
Tom FryTOM FRY
Tracey StraussTRACEY STRAUSS

Listed under a different title

Robert Barnett - ChiefROBERT BARNETT - CHIEF: PROGRAM OFFI then PRODUCT OFFI

Totals

Total revenue: $7,059,682
Total expenses: $6,246,819
Contributions and grants received: $4,735,068
Grants paid: $0
Program service revenue: $2,316,430
Investment income: $6,382
Other revenue: $1,802
Total assets, end of year: $6,301,540
Total liabilities, end of year: $474,047
Net assets or fund balances, end of year: $5,827,493
Program services expenses (Part IX): $5,635,711
Management and general expenses: $400,810
Fundraising expenses: $210,298
Program service expenses (Part III): $5,635,711

Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1e · Government grants (contributions)

$21,455
1f · All other contributions, gifts and grants

$4,713,613
2a · Program service revenue: VIRTUAL MENTORING PARTNERSHIP

total $1,687,245 · related or exempt $1,687,245
2b · Program service revenue: IMPLEMENTATION SUPPORT

total $606,665 · related or exempt $606,665
2c · Program service revenue: INDIVIDUAL MENTOR ENROLLMENT

total $20,500 · related or exempt $20,500
2d · Program service revenue: CONSULTING

total $2,020 · related or exempt $2,020
3 · Investment income

total $6,382 · excluded $6,382
10a · Gross sales of inventory

$1,802
10c · Net income from sales of inventory

total $1,802 · excluded $1,802

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $361,943 · program services $302,384 · management and general $9,926 · fundraising $49,633
7 · Other salaries and wages

total $2,406,061 · program services $2,150,688 · management and general $211,987 · fundraising $43,386
8 · Pension plan contributions

total $55,217 · program services $47,679 · management and general $5,925 · fundraising $1,613
9 · Other employee benefits

total $208,285 · program services $179,851 · management and general $22,348 · fundraising $6,086
10 · Payroll taxes

total $214,171 · program services $184,934 · management and general $22,980 · fundraising $6,257
11b · Fees: legal

total $350 · program services $350
11c · Fees: accounting

total $67,998 · management and general $67,998
11g · Fees: other

total $1,942,700 · program services $1,844,071 · management and general $5,705 · fundraising $92,924
12 · Advertising and promotion

total $154,199 · program services $143,954 · management and general $10,144 · fundraising $101
13 · Office expenses

total $30,702 · program services $28,892 · management and general $457 · fundraising $1,353
14 · Information technology

total $187,151 · program services $169,453 · management and general $16,449 · fundraising $1,249
17 · Travel

total $171,105 · program services $167,205 · management and general $426 · fundraising $3,474
19 · Conferences, conventions and meetings

total $344,940 · program services $336,130 · management and general $5,685 · fundraising $3,125
22 · Depreciation, depletion and amortization

total $12,871 · program services $11,475 · management and general $901 · fundraising $495
23 · Insurance

total $8,222 · management and general $8,222
24a · Other expenses: PROFESSIONAL DEVELOPMENT

total $45,099 · program services $43,641 · management and general $1,010 · fundraising $448
24b · Other expenses: PARTICIPATION INCENTIVES

total $20,815 · program services $20,627 · management and general $188
24c · Other expenses: CREDIT CARD PROCESS FEES

total $11,631 · program services $2,011 · management and general $9,566 · fundraising $54
24d · Other expenses: MISCELLANEOUS

total $3,359 · program services $2,366 · management and general $893 · fundraising $100

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $3,828,282 · end of year $2,463,084
2 · Savings and temporary cash investments

beginning of year $503,951 · end of year $143,650
3 · Pledges and grants receivable

beginning of year $919,960 · end of year $1,473,900
4 · Accounts receivable

beginning of year $141,714 · end of year $111,376
8 · Inventories for sale or use

end of year $8,096
9 · Prepaid expenses and deferred charges

beginning of year $34,782 · end of year $117,101
10a · Land, buildings and equipment: cost or other basis

$63,442
10b · Land, buildings and equipment: accumulated depreciation

$26,874
10c · Land, buildings and equipment, net

beginning of year $28,647 · end of year $36,568
11 · Investments: publicly traded securities

end of year $1,946,773
14 · Intangible assets

beginning of year $1,067 · end of year $992
17 · Accounts payable and accrued expenses

beginning of year $257,637 · end of year $404,047
19 · Deferred revenue

beginning of year $187,829 · end of year $70,000
27 · Net assets without donor restrictions

beginning of year $3,530,699 · end of year $3,389,525
28 · Net assets with donor restrictions

beginning of year $1,482,238 · end of year $2,437,968

Mission and programs · 2023

Mission

THE MODERN CLASSROOMS PROJECT EMPOWERS EDUCATORS TO BUILD CLASSROOMS THAT RESPOND TO EVERY STUDENT'S NEEDS

VIRTUAL MENTORSHIP PROGRAM THIS IS OUR FLAGSHIP PROGRAM. EDUCATORS FROM AROUND THE WORLD ENROLL IN AN ONLINE COURSE, THROUGH WHICH THEY WORK HAND-IN-HAND WITH ONE OF OUR EXPERT EDUCATORS TO DESIGN BLENDED, SELF-PACED,MASTERY-BASED INSTRUCTIONAL MATERIALS OF THEIR OWN. EACH EDUCATOR RECEIVES ONE-ON-ONE COACHING, FEEDBACK ON LESSON MATERIALS, CERTIFIED CREDENTIALS, AND OTHER SUPPORT TO HELP IMPLEMENT OUR INSTRUCTIONAL MODEL.

Expenses $1,758,046 · Revenue $1,709,765
PROGRAM DEVELOPMENT THE MODERN CLASSROOMS PROJECT CONTINUOUSLY EVALUATES THE EFFECTIVENESS OF ITS PROGRAMS AND PRODUCTS TO ENSURE IT DELIVERS ITS INTENDED RESULTS THROUGH AN ONGOING PROCESS OF COLLECTING AND ANALYZING DATA. THE ORGANIZATION HAS BEEN DRIVEN BY DATA FROM THE START AND COLLECTS DATA FROM A VARIETY OF SOURCES ACROSS THE YEAR BOTH FOR EVALUATIVE AND CONTINUOUS IMPROVEMENT PURPOSES AND BY INTEGRATING ACTION-ORIENTED DATA REVIEW INTO ITS TEAM'S STANDARD ACTIVITIES. THROUGH OUR PROGRAM DEVELOPMENT AND EVALUATION WORK, WE ASSESS TEACHER GROWTH THROUGH OUR VIRTUAL MENTORSHIP PROGRAM AND FREE COURSE AND USE THE DATA TO CONTINUOUSLY IMPROVE THE TRAINING EXPERIENCE. WE SEEK TO UNDERSTAND EDUCATOR IMPLEMENTATION PRACTICES AND USE THE DATA TO CONTINUOUSLY IMPROVE OUR IMPLEMENTATION SUPPORT SERVICES. AND WE MEASURE THE IMPACT OF OUR MODEL ON TEACHERS, STUDENTS, AND SCHOOLS.

Expenses $1,278,517
IMPLEMENTATION SUPPORT WE WORK WITH PARTNER SCHOOLS AND DISTRICTS TO PROVIDE: SITE VISITS (IN PERSON): UPON REQUEST, WE WILL TRAVEL TO SCHOOLS/DISTRICTS TO CONDUCT CLASSROOM OBSERVATIONS, LEAD IN-PERSON IMPLEMENTER DISCUSSIONS, AND MEET WITH EDUCATORS. IMPLEMENTER DISCUSSIONS (VIRTUAL): WE RUN ONE-HOUR WEBINARS TO DISCUSS TRENDS IN IMPLEMENTATION AND METHODS TO BUILD MORE EQUITABLE AND DIFFERENTIATED CLASSROOMS. EXPERT CONSULTATION: EDUCATORS MAY SIGN UP FOR ON-DEMAND COACHING CALLS WITH OUR TEACHER MENTORS. EDUCATORS MAY PAY FOR THIS SERVICE INDIVIDUALLY, OR PARTNERS MAY PROVIDE THIS FOR THEIR EDUCATORS.

Expenses $764,094 · Revenue $606,665
MODERN CLASSROOMS UNIVERSITY: MCPU IS A COLLECTION OF EDUCATOR-CREATED COURSES INTENDED FOR GRADUATES OF OUR VIRTUAL MENTORSHIP PROGRAM. THESE COURSES PUSH EDUCATORS TO REFINE THEIR PRACTICE WITH CONTENT-SPECIFIC GUIDANCE, DEEP DIVES INTO CORE PRACTICES, AND MORE. FREE ONLINE COURSE: OUR FREE COURSE IS A SELF-PACED AND SELF-GUIDED ONLINE COURSE THAT GIVES ANY TEACHER, ANYWHERE, THE MATERIALS AND BEST PRACTICES TO LAUNCH A MODERN CLASSROOM. OUR FREE COURSE CONTAINS EVERY RESOURCE, GUIDE, TEMPLATE, AND EXEMPLAR WE'VE EVER CREATED FOR OUR TEACHERS. EDUCATOR RECRUITMENT: WE RECRUIT EDUCATORS TO PARTICIPATE IN OUR TEACHER TRAINING PROGRAMS. RESEARCH AND EVALUATION: WE CONDUCT ONGOING RESEARCH AND EVALUATION OF OUR TEACHER-TRAINING EFFORTS. DATA MANAGEMENT: WE COLLECT AND MANAGE DATA ON THE PROGRESS OF PARTICIPANTS IN OUR TEACHER TRAINING PROGRAMS. PROGRAM INNOVATION: WE ENGAGE IN ONGOING CONTINUOUS IMPROVEMENT EFFORTS TO IMPROVE EXISTING PROGRAMS AND DESIGN NEW PROGRAMS.

Expenses $1,835,054

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Roger ShermanROGER SHERMAN

CHAIRMAN

Total calculated

$0

Hours/week

5
Ned MandelNED MANDEL

SECRETARY/TR

Total calculated

$0

Hours/week

5
Shawna DixSHAWNA DIX

DIRECTOR

Total calculated

$0

Hours/week

2
Arman Gokgol KlineARMAN GOKGOL KLINE

DIRECTOR

Total calculated

$0

Hours/week

2
Daniel FriedmanDANIEL FRIEDMAN

DIRECTOR

Total calculated

$0

Hours/week

2
Stephanie KapsisSTEPHANIE KAPSIS

DIRECTOR

Total calculated

$0

Hours/week

2
Tanganyika MillardTANGANYIKA MILLARD

DIRECTOR

Total calculated

$0

Hours/week

2
Till BechtolsheimerTILL BECHTOLSHEIMER

DIRECTOR

Total calculated

$0

Hours/week

2
Carmen ColemanCARMEN COLEMAN

DIRECTOR

Total calculated

$0

Hours/week

2
Dawn LeporeDAWN LEPORE

DIRECTOR

Total calculated

$0

Hours/week

2
Kareem Farah - ChiefKAREEM FARAH - CHIEF

EXECUTIVE OF

Total calculated

$211,187

From this org

$205,656

From related orgs

$0

Other

$5,531

Hours/week

40

Schedule J breakdown matched by us

Base

$164,406

Bonus

$41,250

Other

not reported

Deferred

not reported

Nontaxable benefits

$5,531

Filer's total

$211,187
Robert Barnett - ChiefROBERT BARNETT - CHIEF

PROGRAM OFFI

Total calculated

$227,825

From this org

$202,032

From related orgs

$0

Other

$25,793

Hours/week

40

Schedule J breakdown matched by us

Base

$160,782

Bonus

$41,250

Other

not reported

Deferred

$6,206

Nontaxable benefits

$19,587

Filer's total

$227,825
Christine Barford - Vice PresidentCHRISTINE BARFORD - VICE PRESIDENT

OF PARTNERSH

Total calculated

$147,830

From this org

$137,976

From related orgs

$0

Other

$9,854

Hours/week

40
Steven Rice - Vice President OfSTEVEN RICE - VICE PRESIDENT OF

PEOPLE

Total calculated

$141,437

From this org

$129,406

From related orgs

$0

Other

$12,031

Hours/week

40
Megan McGregor - Vice President OfMEGAN MCGREGOR - VICE PRESIDENT OF

PROGRAMS

Total calculated

$133,958

From this org

$124,932

From related orgs

$0

Other

$9,026

Hours/week

40
Annie Cole - Vice President Of DataANNIE COLE - VICE PRESIDENT OF DATA

STRATEGY/EVA

Total calculated

$147,996

From this org

$137,899

From related orgs

$0

Other

$10,097

Hours/week

40
Rex Bolinger - Head Of StrategicREX BOLINGER - HEAD OF STRATEGIC

PARTNERSHIPS

Total calculated

$130,663

From this org

$104,235

From related orgs

$0

Other

$26,428

Hours/week

40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Written employment contract
3 · Compensation survey or study
3 · Approval by the board or compensation committee
7 · Other non-fixed payments

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 7: BONUSES ARE PROVIDED BY THE BOARD OF DIRECTORS BASED ON A YEARLY EVALUATION OF PERFORMANCE

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 14 February 2024
IRS schema version: 2023v4.0
Source object: 202410459349301446

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