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← TEACHERS LIKE ME

Form 990 for tax year 2024

Filed by TEACHERS LIKE ME.

Totals

Total revenue
$1,112,742
Total expenses
$1,051,801
Contributions and grants received
$752,414
Grants paid
$0
Program service revenue
$360,323
Investment income
$5
Other revenue
$0
Total assets, end of year
$1,392,437
Total liabilities, end of year
$612,730
Net assets or fund balances, end of year
$779,707
Program services expenses (Part IX)
$824,798
Management and general expenses
$100,473
Fundraising expenses
$126,530
Program service expenses (Part III)
$824,798

Program services were 78.4% 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.

  • 1f · All other contributions, gifts and grants

    $752,414

  • 2a · Program service revenue: LATE FEE INCOME

    total $840 · related or exempt $840

  • 2b · Program service revenue: PROGRAM SERVICE REVENUE

    total $359,483 · related or exempt $359,483

  • 3 · Investment income

    total $5 · excluded $5

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $105,917 · program services $63,550 · management and general $10,592 · fundraising $31,775

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $247,207 · program services $215,000 · management and general $12,330 · fundraising $19,877

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $13,799 · program services $13,799

  • 10 · Payroll taxes

    total $25,787 · program services $21,223 · management and general $799 · fundraising $3,765

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $1,280 · management and general $1,280

  • 11c · Fees: accounting

    total $50,640 · management and general $50,640

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $59,500 · fundraising $59,500

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $76,343 · program services $76,343

  • 12 · Advertising and promotion

    total $23,419 · program services $16,345 · fundraising $7,074

  • 13 · Office expenses

    total $14,126 · program services $8,220 · management and general $5,906

  • 14 · Information technology

    total $6,495 · management and general $6,495

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $143,095 · program services $142,163 · management and general $932

  • 17 · Travel

    total $19,126 · program services $14,587 · fundraising $4,539

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $168,835 · program services $168,835

  • 20 · Interest

    total $38,806 · program services $38,806

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $45,927 · program services $45,927

  • 23 · Insurance

    total $9,456 · management and general $9,456

  • 24a · Other expenses: TAXES AND LICENSES

    total $2,043 · management and general $2,043

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $94,741 · end of year $32,635

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $28,980

  • 10a · Land, buildings and equipment: cost or other basis

    $1,272,900

  • 10b · Land, buildings and equipment: accumulated depreciation

    $110,478

  • 10c · Land, buildings and equipment, net

    beginning of year $1,196,448 · end of year $1,162,422

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $54,501 · end of year $168,400

  • 23 · Secured mortgages and notes payable

    beginning of year $625,865 · end of year $610,907

  • 25 · Other liabilities

    beginning of year $1,058 · end of year $1,823

  • 27 · Net assets without donor restrictions

    beginning of year $718,767 · end of year $779,707

Mission and programs · 2024

Mission

The mission of Teachers Like Me TLM is to recruit, develop and retain Black teachers. TLM is focused on two groups of people: college of education graduates from partner universities and high school students to receive a bachelor's degree in education. Incentives to recruit the teachers include signing bonuses, relocation fees, affordable housing, and scholarships. TLM is focused on developing a strong instructional pedagogy with a culturally responsive lens. Teachers will be provided additional professional develop by TLM to improve instructional practices. Teachers remaining in their school and/or district will receive a retention bonus each year. It's not enough to just be able to recruit and develop great teachers if we don't invest in filling the needs of those teachers and making sure that we retain them in our schools.

Activities or mission (Part I)

Teachers Like Me aims to increase the number of Black teachers by removing barriers to entry and providing the support needed to be effective and responsive to the academic and social needs of all students, specifically students of color.

  • TEACHER RETENTION - TEACHERS REMAINING IN THEIR SCHOOL AND/OR DISTRICT WILL RECEIVE A RETENTION BONUS EACH YEAR. IT'S NOT ENOUGH TO JUST BE ABLE TO RECRUIT AND DEVELOP GREAT TEACHERS IF WE DON'T INVEST IN FILLING THE NEEDS OF THOSE TEACHERS AND MAKING SURE THAT WE RETAIN THEM IN OUR SCHOOLS

    Expenses $429,113 · Revenue $135,323

  • PROFESSIONAL DEVELOPMENT - TEACHERS LIKE ME IS FOCUSED ON DEVELOPING A STRONG INSTRUCTIONAL PEDAGOGY WITH A CULTURALLY RESPONSIVE LENS. TEACHERS WILL BE PROVIDED ADDITIONAL PROFESSIONAL DEVELOPMENT BY TEACHERS LIKE ME TO IMPROVE INSTRUCTIONAL PRACTICES.

    Expenses $305,030

  • TEACHER RECRUITMENT - TEACHERS LIKE ME IS FOCUSED ON TWO GROUPS OF PEOPLE COLLEGE OF EDUCATION GRADUATES FROM PARTNER UNIVERSITIES AND HIGH SCHOOL STUDENTS TO RECEIVE A BACHELOR'S DEGREE IN EDUCATION. INCENTIVES TO RECRUIT THE TEACHERS INCLUDE SIGNING BONUSES, RELOCATION FEES, AFFORDABLE HOUSING, AND SCHOLARSHIPS.

    Expenses $90,655 · Revenue $225,000

As filed on the 2024 return.

Listed in Part VII

  • Dr Trinity Davis

    EXECUTIVE DIRECTOR

    Total calculated
    $103,333
    From this org
    $103,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Kofi Lomotey

    President

    Total calculated
    $0
    Hours/week
    0
  • David Hurford

    Vice President

    Total calculated
    $0
    Hours/week
    0
  • Adrianne Taylor

    Treasurer

    Total calculated
    $0
    Hours/week
    0
  • Stephen Williams

    Secretary

    Total calculated
    $0
    Hours/week
    0
  • Bobbi Shujaa

    Director

    Total calculated
    $0
    Hours/week
    0
  • Pamela Webb

    Director

    Total calculated
    $0
    Hours/week
    0
  • Joe Keal

    Director

    Total calculated
    $0
    Hours/week
    0

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202503169349303585

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