Form 990 for tax year 2023
Filed by SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC.
Totals
- Total revenue
- $462,809
- Total expenses
- $499,809
- Contributions and grants received
- $250,000
- Grants paid
- $0
- Program service revenue
- $206,902
- Investment income
- $0
- Other revenue
- $5,907
- Total assets, end of year
- $54,388
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $54,388
- Program services expenses (Part IX)
- $350,274
- Management and general expenses
- $149,535
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $350,274
Program services were 70.1% 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.
-
1f · All other contributions, gifts and grants
$250,000
-
2a · Program service revenue: UDC INCOME
total $206,902 · related or exempt $206,902
-
11a · Other revenue: REIMBURSEMENTS
total $5,053 · related or exempt $5,053
-
11b · Other revenue: MISC OTHER INCOME
total $854 · related or exempt $854
-
11e · Other revenue, total
$5,907
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $108,250 · management and general $108,250
-
7 · Other salaries and wages
total $19,377 · management and general $19,377
-
10 · Payroll taxes
total $6,810 · management and general $6,810
-
11b · Fees: legal
total $9,990 · management and general $9,990
-
11g · Fees: other
total $252,949 · program services $252,949
-
13 · Office expenses
total $74,542 · program services $69,434 · management and general $5,108
-
17 · Travel
total $6,268 · program services $6,268
-
24a · Other expenses: OTHER
total $21,623 · program services $21,623
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $80,074 · end of year $54,388
-
4 · Accounts receivable
beginning of year $39,896
-
17 · Accounts payable and accrued expenses
beginning of year $28,582 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $91,388 · end of year $54,388
Mission and programs · 2023
Mission
TO HELP COMMUNITIES INCREASE THEIR CAPACITY TO ENSURE A QUALITY EDUCATION FOR THE SUCCESS OF EVERY CHILD.
Activities or mission (Part I)
TO PROMOTE AND PROVIDE ASSISTANCE IN PROFESSIONAL DEVELOPMENT OF TEACHERS, UTILIZING " ALGEBRA PROJECT" INSTRUCTIONAL MATERIALS AND PEDAGOGY.
-
THE SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT, INC. (SIAP) IMPLEMENTED THE SIAP PK-16 MODEL FOR EDUCATION AT SOME LEVEL AT 4 SITES IN THE UNITED STATES DURING 2023. THE MODEL INVOLVES FOUR COMPONENTS: (1) PROFESSIONAL DEVELOPMENT FOR EDUCATORS, MODELING THE EXPECTATIONS FOR CONVERSATIONS AND DEEP THINKING IN MATHEMATICS INSTRUCTION FOR EDUCATORS AND THEIR STUDENTS; (2) THE DESIGN TEAM PROCESS, PULLING TOGETHER ACROSS THE COMMUNITY AT LARGE THE NECESSARY HUMAN AND OTHER RESOURCES TO SUPPORT TEACHERS AND THEIR STUDENTS TOWARD ALL STUDENTS BEING COLLEGE- OR CAREER-READY UPON GRADUATION FROM HIGH SCHOOL; (3) PARTNERSHIPS WITH INSTITUTES OF HIGHER LEARNING, PARTICULARLY HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, SERVING AS ANCHORS FOR EDUCATIONAL SUPPORT AND SUSTAINABILITY FOR TEACHERS AND STUDENTS; AND (4) YOUTH LEADERSHIP DEVELOPMENT, TEACHING HIGH SCHOOL AND UNIVERSITY STUDENTS TO SERVE AS TUTORS AND MENTORS FOR PK-12 STUDENTS IN TEACHERS' CLASSROOMS AND IN AFTER-SCHOOL, WEEKEND, AND SUMMER PROGRAMS. THE 4 PROGRAM SITES FOR 2023 FOLLOW:NEW ORLEANS LA PROJECT-SIAP PROVIDED PROFESSIONAL DEVELOPMENT FOR MATH EDUCATORS AT TWO SCHOOLS (BENJAMIN FRANKLIN ELEMENTARY MATHEMATICS AND SCIENCE SCHOOL AND THE NEW ORLEANS CHARTER SCIENCE AND MATHEMATICS HIGH SCHOOL). CLASSROOM VISITATIONS AND SATURDAY WORKSHOPS WERE HELD IN SPRING 2023. A SUMMER INSTITUTE WAS HELD FOR TWO SCHOOLS IN JUNE. SCHOOL LEADERSHIP ASSISTANCE WAS ALSO PROVIDED THROUGHOUT THE YEAR FOR THE ADMINISTRATORS OF TWO SCHOOLS. DESIGN TEAM MEETINGS WERE HELD APPROXIMATELY EVERY TWO WEEKS, BRINGING TOGETHER REPRESENTATIVES FROM SIAP, THE SCHOOLS, AND DILLARD AND XAVIER UNIVERSITIES.
Expenses $169,178 · Revenue $250,000
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $143,521 · Revenue $246,798
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $37,575
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Jon HaleJON HALE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David J Dennis SrDAVID J DENNIS SR
EXECUTIVE DIRECTOR
- Total calculated
- $108,250
- From this org
- $108,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Ernest JonesERNEST JONES
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Renee HillRENEE HILL
VICE CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1.5
-
Ernest BrooksERNEST BROOKS
TREASURER OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1.25
-
Lakshmi SridaranLAKSHMI SRIDARAN
SECRETARY OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1.25
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
- 2023
- Filed
- 14 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411359349305876
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