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Nonprofiteer
← TCS EDUCATION SYSTEM

Form 990 for tax year 2023

Filed by TCS EDUCATION SYSTEM.

Totals

Total revenue
$78,855,375
Total expenses
$74,773,525
Contributions and grants received
$1,087,115
Grants paid
$0
Program services expenses (Part IX)
$12,991,102
Management and general expenses
$61,782,423
Fundraising expenses
$0
Program service expenses (Part III)
$12,991,102

Program services were 17.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Michael Horowitz

    Corporate President/Trustee

    Total calculated
    $1,595,488
    From this org
    $1,457,327
    From related orgs
    $0
    Other
    $138,161
    Hours/week
    22 + 18 related

    Schedule J breakdown matched by us

    Base
    $857,327
    Bonus
    $600,000
    Other
    $0
    Deferred
    $120,000
    Nontaxable benefits
    $18,161
    Filer's total
    $1,595,488

  • Edward Bergmark

    Board Chair

    Total calculated
    $0
    Hours/week
    2 + 12 related

  • Richard Chaifetz

    Vice Chair (until 05/24)

    Total calculated
    $0
    Hours/week
    2 + 16 related

  • George Mitchell

    Vice Chair (until 06/23)

    Total calculated
    $0
    Hours/week
    2 + 16 related

  • Patricia Potter

    Trustee/Vice Chair

    Total calculated
    $0
    Hours/week
    2 + 12 related

  • Douglas Patinkin

    Trustee/2nd Vice Chair

    Total calculated
    $0
    Hours/week
    2 + 12 related

  • Alyssa Bryant

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Valerie Coachman Moore

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Victoria Dolan

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Dorothy Farris

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Jennifer Forbes

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Jana Johnston

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 12 related

  • Kevin Kotecki

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 12 related

  • Terence Layng

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 12 related

  • Renee Levi

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Dan McCarty

    Trustee (as of 05/24)

    Total calculated
    $0
    Hours/week
    2

  • Marlene Moore

    Trustee (as of 05/24)

    Total calculated
    $0
    Hours/week
    2

  • Steven Nakisher

    Trustee (until 05/24)

    Total calculated
    $0
    Hours/week
    2

  • Teresa Nuno

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Dipak Panigrahy

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Leslie Sanchez

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Rodd Satterwhite

    Trustee

    Total calculated
    $0
    Hours/week
    2

  • Diane Watson

    Trustee (as of 05/24)

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Gantz

    Corporate Treasurer/CFO

    Total calculated
    $369,167
    From this org
    $345,499
    From related orgs
    $0
    Other
    $23,668
    Hours/week
    22 + 18 related

    Schedule J breakdown matched by us

    Base
    $277,999
    Bonus
    $67,500
    Other
    $0
    Deferred
    $23,100
    Nontaxable benefits
    $568
    Filer's total
    $369,167

  • Shari Mikos

    Corporate Secretary

    Total calculated
    $309,795
    From this org
    $284,769
    From related orgs
    $0
    Other
    $25,026
    Hours/week
    22 + 18 related

    Schedule J breakdown matched by us

    Base
    $231,019
    Bonus
    $53,750
    Other
    $0
    Deferred
    $20,151
    Nontaxable benefits
    $4,875
    Filer's total
    $309,795

  • Gregory Beno

    Asst. Treasurer

    Total calculated
    $268,306
    From this org
    $250,348
    From related orgs
    $0
    Other
    $17,958
    Hours/week
    22 + 18 related

    Schedule J breakdown matched by us

    Base
    $213,433
    Bonus
    $36,915
    Other
    $0
    Deferred
    $17,505
    Nontaxable benefits
    $453
    Filer's total
    $268,306

  • Donnell Bell

    Asst. Corp. Secretary (until 5/24)

    Total calculated
    $215,730
    From this org
    $190,529
    From related orgs
    $0
    Other
    $25,201
    Hours/week
    22 + 18 related

    Schedule J breakdown matched by us

    Base
    $173,889
    Bonus
    $16,640
    Other
    $0
    Deferred
    $13,513
    Nontaxable benefits
    $11,688
    Filer's total
    $215,730

  • Sara Sotelo

    Asst. Corporate Secretary

    Total calculated
    $106,709
    From this org
    $87,786
    From related orgs
    $0
    Other
    $18,923
    Hours/week
    22 + 18 related

  • Deborah Markos

    Chief Operating Officer

    Total calculated
    $568,958
    From this org
    $500,521
    From related orgs
    $0
    Other
    $68,437
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $400,521
    Bonus
    $100,000
    Other
    $0
    Deferred
    $35,765
    Nontaxable benefits
    $32,672
    Filer's total
    $568,958

  • Richard Merrick

    Chief Information Officer

    Total calculated
    $355,250
    From this org
    $329,946
    From related orgs
    $0
    Other
    $25,304
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $266,946
    Bonus
    $63,000
    Other
    $0
    Deferred
    $23,121
    Nontaxable benefits
    $2,183
    Filer's total
    $355,250

  • Donald Packham

    Chief HR Officer (until 6/24)

    Total calculated
    $277,113
    From this org
    $256,678
    From related orgs
    $0
    Other
    $20,435
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,678
    Bonus
    $69,000
    Other
    $0
    Deferred
    $18,112
    Nontaxable benefits
    $2,323
    Filer's total
    $277,113

  • Leanne Wruck

    Chief Academic Officer

    Total calculated
    $324,687
    From this org
    $291,327
    From related orgs
    $0
    Other
    $33,360
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,077
    Bonus
    $56,250
    Other
    $0
    Deferred
    $20,643
    Nontaxable benefits
    $12,717
    Filer's total
    $324,687

  • Alison Baumann

    VP of Marketing

    Total calculated
    $286,418
    From this org
    $267,138
    From related orgs
    $0
    Other
    $19,280
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,130
    Bonus
    $34,008
    Other
    $0
    Deferred
    $18,684
    Nontaxable benefits
    $596
    Filer's total
    $286,418

  • Vikki Lemus

    VP of Human Resources

    Total calculated
    $251,469
    From this org
    $222,861
    From related orgs
    $0
    Other
    $28,608
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,995
    Bonus
    $28,866
    Other
    $0
    Deferred
    $15,859
    Nontaxable benefits
    $12,749
    Filer's total
    $251,469

  • Steve Schneck

    VP of IT Service

    Total calculated
    $245,226
    From this org
    $199,823
    From related orgs
    $0
    Other
    $45,403
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,823
    Bonus
    $0
    Other
    $0
    Deferred
    $15,073
    Nontaxable benefits
    $30,330
    Filer's total
    $245,226

  • Lesley McKinley

    VP of Enterprise Application

    Total calculated
    $227,921
    From this org
    $196,574
    From related orgs
    $0
    Other
    $31,347
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,324
    Bonus
    $26,250
    Other
    $0
    Deferred
    $14,355
    Nontaxable benefits
    $16,992
    Filer's total
    $227,921

  • Deborah Solmor Former

    Corporate Secretary/General Counsel

    Total calculated
    $590,466
    From this org
    $574,306
    From related orgs
    $0
    Other
    $16,160
    Hours/week
    22 + 18 related

    Schedule J breakdown matched by us

    Base
    $175,306
    Bonus
    $72,500
    Other
    $326,500
    Deferred
    $14,943
    Nontaxable benefits
    $1,217
    Filer's total
    $590,466

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 — 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

  • 1a · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 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)

Part I, Line 1a
During the 2023 calendar year, TCS Education System provided the following benefit to Dr. Michael Horowitz: The following expenses were incurred in connection with a business purpose: - non-taxable travel for companions of $1,769.72
Part I, Lines 4a-b
Part I, Line 4a: The following individual received severance payments in 2023. These payments are reported as taxable compensation on Part II, Column b(iii): Deborah Solmor, Severance - $326,500 Part I, Line 4b: TCS Education System provides a supplemental deferred compensation plan for certain executives. The following individuals participate in the plan: - Michael Horowitz
Part I, Line 7
The target opportunity for the discretionary award is established through market compensation and internal policy so as to relate pay, performance and rewards. Upon reviewing annual performance, the Executive Committee of the Board of Trustees determines results and the granting of discretionary awards, if any.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
8 April 2025
IRS schema version
2023v6.0
Source object
202511059349301241

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

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