Form 990 for tax year 2023
Filed by MILLION DOLLAR TEACHER PROJECT.
Totals
- Total revenue
- $307,504
- Total expenses
- $424,985
- Contributions and grants received
- $307,504
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $570,219
- Total liabilities, end of year
- $82,008
- Net assets or fund balances, end of year
- $488,211
- Program services expenses (Part IX)
- $387,106
- Management and general expenses
- $37,879
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $387,106
Program services were 91.1% 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.
-
1b · Membership dues
$5,620
-
1f · All other contributions, gifts and grants
$301,884
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $59,583 · program services $29,792 · management and general $29,791
-
7 · Other salaries and wages
total $131,503 · program services $131,503
-
10 · Payroll taxes
total $15,744 · program services $15,744
-
11a · Fees: management
total $11,650 · program services $11,650
-
11c · Fees: accounting
total $6,865 · program services $6,865
-
12 · Advertising and promotion
total $1,079 · program services $1,079
-
13 · Office expenses
total $10,206 · program services $10,206
-
14 · Information technology
total $4,881 · program services $4,881
-
16 · Occupancy
total $16,175 · program services $8,087 · management and general $8,088
-
17 · Travel
total $980 · program services $980
-
19 · Conferences, conventions and meetings
total $8,018 · program services $8,018
-
20 · Interest
total $4,472 · program services $4,472
-
23 · Insurance
total $1,903 · program services $1,903
-
24e · All other expenses
total $151,926 · program services $151,926
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $330,128 · end of year $468,848
-
4 · Accounts receivable
beginning of year $330,400 · end of year $75,000
-
9 · Prepaid expenses and deferred charges
end of year $1,371
-
11 · Investments: publicly traded securities
beginning of year $25,000 · end of year $25,000
-
17 · Accounts payable and accrued expenses
beginning of year $79,837 · end of year $82,008
-
27 · Net assets without donor restrictions
beginning of year $605,691 · end of year $488,211
Mission and programs · 2023
Mission
TO ELEVATE THE TEACHING PROFESSION THROUGH INCREASED SUPPORT, COMPENSATION AND RECOGNITION
-
MAJOR PROGRAMS TEACHER APPRECIATION PACKAGEThe Teacher Appreciation Package is an effort by Million Dollar Teacher Project to connect teachers with local businesses in their community through a week of meaningful discounts during National Education Month of November and Teacher Appreciation Week in May. The goal of the T.A.P. program is to elevate the spending power of teachers in Arizona whose compensation does not keep up with their personal and classroom needs.By TAPPING in, local and online businesses have the opportunity to serve teachers in their community by just doing what they do best. By promoting businesses that support teachers, Million Dollar Teacher Project hopes to create a more connected community that rises together to meet and exceed the needs of local hard-working educators. When teachers benefit, we ALL benefit.
Expenses $387,106 · Grants $37,879 · Revenue $307,504
-
MAJOR PROGRAMS TAKE A TEACHER TO LUNCHRecognition Pillar Impact & Outcomes Take a Teacher to Lunch (TTL).MDTPs Take a Teacher to Lunch (TTL) Program was launched back in 2016. This initiative ensures meaningful recognition for teachers and connection to campus culture by bringing fully catered meals, prize packages, games, guest speakers, and more to school campuses during the academic year. This year, MDTP received $38,465.51 in donations and sponsorships for the Take a Teacher to Lunch program! MDTP brought the program to 8 different schools/districts (5 public and 3 charter).
-
MAJOR PROGRAMS CLASSROOM SUPPORT TEAMSupport Pillar Impact & Outcomes Classroom Support Team (CST)The Classroom Support Team (CST) is a team of interns or community volunteers supporting a grade level of teachers. The program ran at our Focus Schools, Madrid Neighbrohood School and Thew Elementary School from September 3rd, 2023 - March 28th, 2024, and assisted 6 teachers. CST members impacted the learning outcomes of 284 students (4th grades, 7th grades, and 8th grades) this year by supporting the lead teachers. This year, MDTP gave 1,314 hours and 36 minutes back to teachers, an In-Kind value of $18,400.76.
As filed on the 2023 return.
Listed in Part VII
-
LLOYD HOPKINS
FOUNDER AND CEO
- Total calculated
- $59,583
- From this org
- $59,583
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
LEIGHTON TYAU
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
RHONDA BOWMAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
BRIAN STINSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
MICHELLE ALVIS
MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
KAREN ULINSKI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
TRUC DOAN
MEMBER
- Total calculated
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
KRISTINE MORRIS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
BILL PANKEY
TREASURER
- Total calculated
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
ADAM FRENCH
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
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
None.
Answered no
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403439349300200
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