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Nonprofiteer
← NATIONAL CENTER FOR TEACHER RESIDENCIES INC

Form 990 for tax year 2024

Filed by NATIONAL CENTER FOR TEACHER RESIDENCIES INC.

Totals

Total revenue
$12,035,693
Total expenses
$12,432,691
Contributions and grants received
$10,455,964
Grants paid
$7,016,203
Program service revenue
$1,188,139
Investment income
$391,590
Other revenue
$0
Total assets, end of year
$13,229,982
Total liabilities, end of year
$6,931,479
Net assets or fund balances, end of year
$6,298,503
Program services expenses (Part IX)
$10,834,511
Management and general expenses
$1,165,503
Fundraising expenses
$432,677
Program service expenses (Part III)
$10,834,511

Program services were 87.1% 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)

    $1,365,916

  • 1f · All other contributions, gifts and grants

    $9,090,048

  • 2a · Program service revenue: PROGRAM REVENUE

    total $1,188,139 · related or exempt $1,188,139

  • 3 · Investment income

    total $391,590 · excluded $391,590

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,016,203 · program services $7,016,203

  • 5 · Compensation of officers, directors and key employees

    total $1,113,638 · program services $575,632 · management and general $290,751 · fundraising $247,255

  • 7 · Other salaries and wages

    total $2,221,691 · program services $1,836,732 · management and general $271,128 · fundraising $113,831

  • 8 · Pension plan contributions

    total $94,824 · program services $79,571 · management and general $11,048 · fundraising $4,205

  • 9 · Other employee benefits

    total $165,676 · program services $141,079 · management and general $16,418 · fundraising $8,179

  • 10 · Payroll taxes

    total $236,517 · program services $173,188 · management and general $38,764 · fundraising $24,565

  • 11b · Fees: legal

    total $167,291 · program services $108,481 · management and general $56,242 · fundraising $2,568

  • 11c · Fees: accounting

    total $126,550 · management and general $126,550

  • 11g · Fees: other

    total $676,404 · program services $438,619 · management and general $227,401 · fundraising $10,384

  • 13 · Office expenses

    total $49,448 · program services $35,324 · management and general $9,114 · fundraising $5,010

  • 14 · Information technology

    total $15,059 · program services $9,765 · management and general $5,063 · fundraising $231

  • 16 · Occupancy

    total $33,775 · program services $24,731 · management and general $5,536 · fundraising $3,508

  • 19 · Conferences, conventions and meetings

    total $491,596 · program services $394,685 · management and general $84,041 · fundraising $12,870

  • 23 · Insurance

    total $23,219 · management and general $23,219

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $800 · program services $501 · management and general $228 · fundraising $71

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $458,156 · end of year $209,909

  • 2 · Savings and temporary cash investments

    beginning of year $9,160,532 · end of year $11,597,972

  • 3 · Pledges and grants receivable

    beginning of year $2,263,843 · end of year $1,014,720

  • 4 · Accounts receivable

    beginning of year $853,087 · end of year $354,923

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,358 · end of year $20,171

  • 15 · Other assets

    beginning of year $14,698 · end of year $32,287

  • 17 · Accounts payable and accrued expenses

    beginning of year $155,143 · end of year $165,844

  • 18 · Grants payable

    beginning of year $5,988,000 · end of year $6,660,433

  • 19 · Deferred revenue

    beginning of year $107,300 · end of year $71,750

  • 25 · Other liabilities

    beginning of year $12,260 · end of year $33,452

  • 27 · Net assets without donor restrictions

    beginning of year $3,019,802 · end of year $4,142,958

  • 28 · Net assets with donor restrictions

    beginning of year $3,481,169 · end of year $2,155,545

Mission and programs · 2024

Mission

OUR MISSION IS TO TRANSFORM EDUCATOR PREPARATION BY ADVANCING THE TEACHER RESIDENCY MOVEMENT TO PREPARE, SUPPORT, AND RETAIN MORE EFFECTIVE EDUCATORS WHO REPRESENT AND VALUE THE COMMUNITIES THEY SERVE.

  • NCTR DIRECTLY IMPACTS THE TEACHER WORKFORCE BY PARTNERING WITH SCHOOL DISTRICTS, CHARTER MANAGEMENT ORGANIZATIONS (CMOS), NONPROFIT ORGANIZATIONS, STATE EDUCATION AGENCIES (SEAS), AND INSTITUTIONS OF HIGHER EDUCATION (IHES) TO PROVIDE EVIDENCE-BASED SUPPORT TO TEACHER RESIDENCY PROGRAMS, WHILE GUIDED BY ITS RESEARCH-BASED TEACHER RESIDENCY MODEL.

    Expenses $10,834,511 · Grants $7,016,203 · Revenue $1,188,139

As filed on the 2024 return.

Listed in Part VII

  • Daniel Velasco

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Edward Herrera

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Corey Scholes

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Laura Weeldreyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tracy Bach

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Travis Bristol

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shawnee Caruthers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Edmund Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Annamarie Francois

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Phil Nguyen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Javaid Siddiqi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kathlene Campbell

    CEO

    Total calculated
    $284,962
    From this org
    $263,250
    From related orgs
    $0
    Other
    $21,712
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $263,250
    Bonus
    $0
    Other
    $0
    Deferred
    $13,163
    Nontaxable benefits
    $8,549
    Filer's total
    $284,962

  • Erica Hines

    CHIEF PROGRAM OFFICER

    Total calculated
    $187,748
    From this org
    $182,828
    From related orgs
    $0
    Other
    $4,920
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,828
    Bonus
    $0
    Other
    $0
    Deferred
    $4,920
    Nontaxable benefits
    $0
    Filer's total
    $187,748

  • Wayne Shen

    COO

    Total calculated
    $223,470
    From this org
    $199,368
    From related orgs
    $0
    Other
    $24,102
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,368
    Bonus
    $0
    Other
    $0
    Deferred
    $9,968
    Nontaxable benefits
    $14,134
    Filer's total
    $223,470

  • Jill Harvieux Pitner

    CHIEF GROWTH OFFICER

    Total calculated
    $204,966
    From this org
    $195,206
    From related orgs
    $0
    Other
    $9,760
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,206
    Bonus
    $0
    Other
    $0
    Deferred
    $9,760
    Nontaxable benefits
    $0
    Filer's total
    $204,966

  • Bill Kennedy

    MANAGING DIRECTOR OF DEVELOPMENT

    Total calculated
    $193,302
    From this org
    $159,629
    From related orgs
    $0
    Other
    $33,673
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,629
    Bonus
    $0
    Other
    $0
    Deferred
    $7,981
    Nontaxable benefits
    $25,692
    Filer's total
    $193,302

  • Carly Black

    MANAGING DIRECTOR OF PROGRAMS

    Total calculated
    $158,726
    From this org
    $146,420
    From related orgs
    $0
    Other
    $12,306
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,420
    Bonus
    $0
    Other
    $0
    Deferred
    $4,393
    Nontaxable benefits
    $7,913
    Filer's total
    $158,726

  • Kelly Riling

    MANAGING DIRECTOR OF PROGRAMS

    Total calculated
    $156,794
    From this org
    $145,180
    From related orgs
    $0
    Other
    $11,614
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,180
    Bonus
    $0
    Other
    $0
    Deferred
    $7,259
    Nontaxable benefits
    $4,355
    Filer's total
    $156,794

  • Keilani Martin

    MANAGING DIRECTOR OF PROGRAMS

    Total calculated
    $146,327
    From this org
    $133,680
    From related orgs
    $0
    Other
    $12,647
    Hours/week
    40

  • Rosemary Baker

    PROGRAM DIRECTOR

    Total calculated
    $145,837
    From this org
    $130,686
    From related orgs
    $0
    Other
    $15,151
    Hours/week
    40

  • Randall Lahann

    PROGRAM DIRECTOR

    Total calculated
    $148,402
    From this org
    $125,241
    From related orgs
    $0
    Other
    $23,161
    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 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
6 March 2026
IRS schema version
2024v5.5
Source object
202620699349301752

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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