Totals
- Total revenue
- $275,572,075
- Total expenses
- $298,156,461
- Contributions and grants received
- $253,424,904
- Grants paid
- $31,690,552
- Program service revenue
- $15,457,832
- Investment income
- $7,214,791
- Other revenue
- -$525,452
- Total assets, end of year
- $527,184,582
- Total liabilities, end of year
- $103,548,290
- Net assets or fund balances, end of year
- $423,636,292
- Program services expenses (Part IX)
- $213,887,131
- Management and general expenses
- $46,713,974
- Fundraising expenses
- $37,555,356
- Program service expenses (Part III)
- $213,887,131
Program services were 71.7% 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.
-
1a · Federated campaigns
$483,233
-
1b · Membership dues
$0
-
1c · Fundraising events
$9,684,154
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$52,675,293
-
1f · All other contributions, gifts and grants
$190,582,224
-
1g · Noncash contributions included above
$4,196,483
-
2a · Program service revenue: SERVICE FEES REVENUE
total $15,275,927 · related or exempt $15,275,927
-
2b · Program service revenue: REG/CERTIFICATION FEES
total $181,905 · related or exempt $181,905
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $7,219,710 · excluded $7,219,710
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0
-
5 · Royalties
total $438 · excluded $438
-
6a · Gross rents
real property $3,046,175 · personal property $0
-
6b · Less rental expenses
real property $3,046,175
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $52,043,542
-
7b · Less cost or other basis and sales expenses
securities $52,044,552 · other assets $3,909
-
7c · Gain or loss
securities -$1,010 · other assets -$3,909
-
7d · Net gain or loss
total -$4,919 · related or exempt $0 · unrelated business $0 · excluded -$4,919
-
8a · Fundraising events: gross income
$275,580
-
8a · Fundraising events: contributions included on line 1c
$9,684,154
-
8b · Fundraising events: direct expenses
$1,016,535
-
8c · Net income from fundraising events
total -$740,955 · excluded -$740,955
-
11a · Other revenue: IT Support Services
total $112,707 · unrelated business $112,707
-
11b · Other revenue: Purchasing Rebate
total $93,566 · related or exempt $93,566
-
11c · Other revenue: All other revenue
total $8,792 · related or exempt $8,792
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$215,065
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,419,354 · program services $6,419,354
-
2 · Grants to domestic individuals
total $25,271,198 · program services $25,271,198
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $2,129,555 · program services $1,466,167 · management and general $347,166 · fundraising $316,222
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $169,059,339 · program services $116,394,808 · management and general $27,560,544 · fundraising $25,103,987
-
8 · Pension plan contributions
total $6,002,553 · program services $4,132,667 · management and general $978,554 · fundraising $891,332
-
9 · Other employee benefits
total $22,202,449 · program services $15,286,051 · management and general $3,619,508 · fundraising $3,296,890
-
10 · Payroll taxes
total $12,961,454 · program services $8,923,766 · management and general $2,113,014 · fundraising $1,924,674
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $419,348 · program services $283,192 · management and general $101,877 · fundraising $34,279
-
11c · Fees: accounting
total $154,275 · program services $104,184 · management and general $37,480 · fundraising $12,611
-
11d · Fees: lobbying
total $1,245,989 · management and general $1,245,989 · fundraising $0
-
11f · Fees: investment management
total $135,522 · management and general $135,522
-
11g · Fees: other
total $15,798,434 · program services $11,510,364 · management and general $2,894,804 · fundraising $1,393,266
-
12 · Advertising and promotion
total $1,087,789 · program services $872,000 · management and general $28,224 · fundraising $187,565
-
13 · Office expenses
total $5,183,033 · program services $3,228,070 · management and general $1,437,295 · fundraising $517,668
-
14 · Information technology
total $4,402,097 · program services $2,527,842 · management and general $1,494,337 · fundraising $379,918
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $10,022,403 · program services $7,385,014 · management and general $1,068,919 · fundraising $1,568,470
-
17 · Travel
total $6,865,815 · program services $5,059,081 · management and general $732,259 · fundraising $1,074,475
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $1,360,120 · program services $1,002,205 · management and general $145,061 · fundraising $212,854
-
20 · Interest
total $508,490 · program services $372,950 · management and general $65,707 · fundraising $69,833
-
21 · Payments to affiliates
total $0 · program services $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $4,126,827 · program services $1,674,822 · management and general $2,257,662 · fundraising $194,343
-
23 · Insurance
total $549,726 · program services $403,194 · management and general $71,036 · fundraising $75,496
-
24a · Other expenses: SUBSCRIPTIONS & DUES
total $1,077,271 · program services $672,587 · management and general $220,293 · fundraising $184,391
-
24b · Other expenses: BAD DEBT EXPENSE
total $270,672 · program services $167,541 · management and general $103,028 · fundraising $103
-
24c · Other expenses: Credit Card and Late Fees
total $119,964 · program services $87,987 · management and general $15,502 · fundraising $16,475
-
24d · Other expenses: Gifts and Discretionary
total $670,081 · program services $550,879 · management and general $33,294 · fundraising $85,908
-
24e · All other expenses
total $112,703 · program services $91,208 · management and general $6,899 · fundraising $14,596
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $21,570,587 · end of year $42,804,493
-
2 · Savings and temporary cash investments
beginning of year $5,272,359 · end of year $881,981
-
3 · Pledges and grants receivable
beginning of year $33,711,509 · end of year $35,924,552
-
4 · Accounts receivable
beginning of year $819,599 · end of year $702,449
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $21,655 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $7,468,891 · end of year $9,718,130
-
10a · Land, buildings and equipment: cost or other basis
$54,031,386
-
10b · Land, buildings and equipment: accumulated depreciation
$40,524,419
-
10c · Land, buildings and equipment, net
beginning of year $13,945,030 · end of year $13,506,967
-
11 · Investments: publicly traded securities
beginning of year $415,055,221 · end of year $373,682,663
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $203,027 · end of year $699,632
-
14 · Intangible assets
beginning of year $0
-
15 · Other assets
beginning of year $593,335 · end of year $49,263,715
-
17 · Accounts payable and accrued expenses
beginning of year $35,912,688 · end of year $40,622,250
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $4,683,729 · end of year $6,344,069
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $8,664 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $9,042,646 · end of year $56,581,971
-
27 · Net assets without donor restrictions
beginning of year $188,152,872 · end of year $157,410,430
-
28 · Net assets with donor restrictions
beginning of year $260,860,614 · end of year $266,225,862
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
Children growing up in historically marginalized and disenfranchised communities lack access to a broad spectrum of resources and opportunities, and attend schools that are not equipped to meet their needs. To address this, TFA's mission is to attract, develop, and support a diverse network of equity-oriented leaders- individually and in teams - committed to expanding opportunity for children from classrooms, schools, and every sector and field that shapes the broader systems in which schools operate. TFA does this by finding promising leaders; developing and cultivating the leadership skills and mindsets necessary for systems change through classroom teaching; engaging the individual and collective impact of those in the TFA network throughout their lifetime; and growing the organization by learning new capabilities to enable a path for transformative change
Activities or mission (Part I)
Teach For America finds, develops and supports equity-oriented leaders to transform education and expand opportunity for all children.
-
Corps Members - TFA recruits, selects, trains and develops exceptional, diverse, equity-oriented leaders to teach the nation's most underserved students. The organization hosts on and off campus recruitment events, networks and cultivates relationships with prospects and communities in order to recruit exceptional leaders. The organization then processes applications and conducts interviews to select corps members, placing them in various urban and rural regions throughout the United States. Corps members are supported financially, and engage in intensive virtual, hybrid, and in-person training where they have the opportunity to understand their role and work, build community with one another, learn practical skills, and apply their learning in preparation for their first day of school. Corps members are then supported throughout a two-year classroom experience with additional coaching and instructional supports as well as leadership and/or educator professional development.
Expenses $135,363,955 · Grants $19,249,384 · Revenue $15,560,190
-
Alumni - TFA has an alumni base of former corps members all over the world. This network is instrumental in driving real change and impact in education. TFA engages in activities that support and encourage alumni to continue work in education and across sectors by connecting them with various career and partnership opportunities, as well as resources, programs, and events. TFA also supports alumni via activities intended to develop alumni in leadership practice and/or specific programmatic areas: classroom practice, school leadership, school systems leadership, policy/organizing work, and social entrepreneurship.
Expenses $45,895,189 · Grants $9,789,228
-
Systems Change - TFA recognizes that significant progress in education can only be achieved with extraordinary actions and partnerships within the communities in which we work. Creating system change is about researching new opportunities - working alongside a coalition of alumni, students, and community leaders and partners to identify patterns and strategies that can lead to system impact and achieve our goals. Investing in work that allows learning of new capabilities and experimentation with innovative practices to bring forth a reinvention of the existing school models. This is a new program for TFA in FY23.
Expenses $25,752,485 · Grants $339,708
-
Ignite Fellowship - Ignite fellows are a national tutoring corps designed to accelerate learning and foster belonging with students, leveraging research-based best practices for high-impact tutoring. Ignite builds on Teach For America's over 30 years of experience recruiting, developing, and supporting talent and partnering with communities across the country to help students overcome the systemic barriers to an excellent education. The Ignite Fellowship brings exceptional, equity-minded leaders into classrooms virtually to add immediate value for students, while creating shifts towards the future of equitable learning.
Expenses $6,875,502 · Grants $2,312,232
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David Kenny
Director (Chair)
- Total calculated
- $0
- Hours/week
- 1
-
Elisa Villanueva Beard
DIRECTOR/OFFICER-CEO
- Total calculated
- $542,423
- From this org
- $498,957
- From related orgs
- $0
- Other
- $43,466
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $493,644
- Bonus
- $0
- Other
- $5,313
- Deferred
- $14,500
- Nontaxable benefits
- $28,966
- Filer's total
- $542,423
-
Susan McCaw
Treasurer ( through 9/19/2024)
- Total calculated
- $0
- Hours/week
- 1
-
Dan Porterfield
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eric Yuan
Director ( Terminated 7/22/2022)
- Total calculated
- $0
- Hours/week
- 1
-
Kaya Henderson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ken Mehlman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Huffman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lindy Schumacher
Director
- Total calculated
- $0
- Hours/week
- 1
-
Linnea Conrad Roberts
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Lomax
Director
- Total calculated
- $0
- Hours/week
- 1
-
Miguel Solis
Director
- Total calculated
- $0
- Hours/week
- 1
-
Olivia Walton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Pamela Carter
Director ( Terminated 1/5/2023)
- Total calculated
- $0
- Hours/week
- 1
-
Steve Mandel
Director
- Total calculated
- $0
- Hours/week
- 1
-
William Haslam
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joshua Griggs
EVP, Talent, Operations and CFO (Terminated 2/19/2023))
- Total calculated
- $396,378
- From this org
- $359,791
- From related orgs
- $0
- Other
- $36,587
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $356,287
- Bonus
- $0
- Other
- $3,504
- Deferred
- $14,500
- Nontaxable benefits
- $22,087
- Filer's total
- $396,378
-
Tracy-Elizabeth Clay
SVP, Interim Chief People Officer, Secretary
- Total calculated
- $327,006
- From this org
- $285,856
- From related orgs
- $0
- Other
- $41,150
- Hours/week
- 56
Schedule J breakdown matched by us
- Base
- $285,856
- Bonus
- $0
- Other
- $0
- Deferred
- $13,673
- Nontaxable benefits
- $27,477
- Filer's total
- $327,006
-
Jemina Bernard
President & Chief Operating Officer
- Total calculated
- $418,523
- From this org
- $374,307
- From related orgs
- $0
- Other
- $44,216
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $371,008
- Bonus
- $0
- Other
- $3,299
- Deferred
- $14,500
- Nontaxable benefits
- $29,716
- Filer's total
- $418,523
-
Adam Stanley
EVP, Chief Experience Officer ( Terminated 2/3/2023)
- Total calculated
- $379,123
- From this org
- $360,974
- From related orgs
- $0
- Other
- $18,149
- Hours/week
- 42
Schedule J breakdown matched by us
- Base
- $360,974
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $18,149
- Filer's total
- $379,123
-
Amar Patel
Executive Director ( Terminated 11/28/2022)
- Total calculated
- $323,860
- From this org
- $292,001
- From related orgs
- $0
- Other
- $31,859
- Hours/week
- 53
Schedule J breakdown matched by us
- Base
- $223,755
- Bonus
- $0
- Other
- $68,246
- Deferred
- $7,842
- Nontaxable benefits
- $24,017
- Filer's total
- $323,860
-
Laura Saldivar Luna
SVP, Chief People Officer ( Terminated 8/19/2022)
- Total calculated
- $358,646
- From this org
- $331,472
- From related orgs
- $0
- Other
- $27,174
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $214,472
- Bonus
- $0
- Other
- $117,000
- Deferred
- $11,613
- Nontaxable benefits
- $15,561
- Filer's total
- $358,646
-
Stephen Majors
EVP, Chief External Affairs Officer
- Total calculated
- $332,742
- From this org
- $313,618
- From related orgs
- $0
- Other
- $19,124
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $313,618
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $19,124
- Filer's total
- $332,742
-
Susan Asiyanbi
EVP, Chief Transformation Officer ( Terminated 2/11/2022 )
- Total calculated
- $314,782
- From this org
- $295,997
- From related orgs
- $0
- Other
- $18,785
- Hours/week
- 29
Schedule J breakdown matched by us
- Base
- $159,551
- Bonus
- $0
- Other
- $136,446
- Deferred
- $14,500
- Nontaxable benefits
- $4,285
- Filer's total
- $314,782
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 · 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
Answered no
- 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
The filer's explanations (Part III)
- Schedule J, Part I, Line 4a Severance or change-of-control payment
- 1- Susan Asiyanbi. Amount $134,308. Compensation paid as a result of a severance from the position of EVP, Chief Transformation Officer. 2- Laura Saldivar Luna. Amount $117,000. Compensation paid as a result of a severance from the position of SVP, Chief People Officer. 3- Amar Patel. Amount $68,246. Compensation paid as a result of a severance from the Executive Director Position.
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
-
Leadership For Educational Equity Foundation
$4,200,000
The purpose of this grant is to assist LEE member growth and engagement. To grow overall membership base
-
University of Nevada Las Vegas
$2,000,000
The purpose of this grant is to provide financialunderwriting for the costs of NIAE Operations and Programs related to two key and interrelatedfunctions: (1) rigorous preparation of education professionals in practice-intensive environments;and (2) explicit and systematic support for ongoing innovation and examination of promising newapproaches to education.
-
$50,000
The purpose of this grant is to support The Teacher Accelerator Pipeline (TAP) Program
-
Baltimore City Public Schools
$25,000
The purpose of this grant is to support a program to 1. Ensure every child who needs a screening, eye exam, and eyeglasses participates in the Pupil Project, 2. Ensure teachers are aware of which students receive glasses and monitor their eyeglass usage
-
The purpose of this grant is to support a program to 1. Ensure every child who needs a screening, eye exam, and eyeglasses participates in the Pupil Project, 2. Ensure teachers are aware of which students receive glasses and monitor their eyeglass usage
-
Curtis Bay Elementary School
$12,500
The purpose of this grant is to support a program to 1. Ensure every child who needs a screening, eye exam, and eyeglasses participates in the Pupil Project, 2. Ensure teachers are aware of which students receive glasses and monitor their eyeglass usage
-
Los Cerritos Elementary School
$12,500
The purpose of this grant is to support a program to 1. Ensure every child who needs a screening, eye exam, and eyeglasses participates in the Pupil Project, 2. Ensure teachers are aware of which students receive glasses and monitor their eyeglass usage
-
The purpose of this grant is to support a program to 1. Ensure every child who needs a screening, eye exam, and eyeglasses participates in the Pupil Project, 2. Ensure teachers are aware of which students receive glasses and monitor their eyeglass usage
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441029349300214
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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