Totals
- Total revenue
- $1,095,092
- Total expenses
- $1,157,663
- Contributions and grants received
- $811,498
- Grants paid
- $68,918
- Program service revenue
- $232,413
- Investment income
- $51,181
- Other revenue
- $0
- Total assets, end of year
- $1,978,086
- Total liabilities, end of year
- $54,963
- Net assets or fund balances, end of year
- $1,923,123
- Program services expenses (Part IX)
- $997,146
- Management and general expenses
- $160,517
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $997,146
Program services were 86.1% 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
$811,498
-
2a · Program service revenue: QUALITY EDUCATORS
total $232,413 · related or exempt $232,413
-
3 · Investment income
total $51,181 · excluded $51,181
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $68,918 · program services $68,918
-
5 · Compensation of officers, directors and key employees
total $139,602 · program services $69,801 · management and general $69,801
-
7 · Other salaries and wages
total $551,057 · program services $513,170 · management and general $37,887
-
8 · Pension plan contributions
total $13,559 · program services $13,068 · management and general $491
-
9 · Other employee benefits
total $88,245 · program services $78,017 · management and general $10,228
-
10 · Payroll taxes
total $52,333 · program services $44,514 · management and general $7,819
-
11a · Fees: management
total $15,000 · program services $15,000
-
11c · Fees: accounting
total $27,024 · management and general $27,024
-
11g · Fees: other
total $51,827 · program services $50,320 · management and general $1,507
-
13 · Office expenses
total $6,954 · program services $5,915 · management and general $1,039
-
14 · Information technology
total $2,736 · program services $2,327 · management and general $409
-
16 · Occupancy
total $807 · program services $686 · management and general $121
-
23 · Insurance
total $20,705 · program services $17,611 · management and general $3,094
-
24a · Other expenses: COHORT EXPENSES
total $42,908 · program services $42,908
-
24b · Other expenses: MENTOR TEACHER STIPENDS
total $41,471 · program services $41,471
-
24c · Other expenses: ASSESSMENT
total $27,175 · program services $27,175
-
24d · Other expenses: PROFESSIONAL DEVELOPMEN
total $6,413 · program services $5,455 · management and general $958
-
24e · All other expenses
total $929 · program services $790 · management and general $139
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,908,051 · end of year $1,788,043
-
3 · Pledges and grants receivable
beginning of year $77,038 · end of year $189,438
-
10a · Land, buildings and equipment: cost or other basis
$17,716
-
10b · Land, buildings and equipment: accumulated depreciation
$17,716
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $605 · end of year $605
-
17 · Accounts payable and accrued expenses
end of year $54,963
-
27 · Net assets without donor restrictions
beginning of year $1,910,905 · end of year $1,729,598
-
28 · Net assets with donor restrictions
beginning of year $74,789 · end of year $193,525
Mission and programs · 2023
Mission
TO DEVELOP AND LICENSE TEACHERS FROM DIVERSE BACKGROUNDS AND EXPERIENCES WHO HONOR THE DIGNITY OF EVERY STUDENT.
Activities or mission (Part I)
TO DEVELOP AND LICENSE TEACHERS WITH DIVERSE BACKGROUNDS AND EXPERIENCES FOR SCHOOLS IN MIDDLE TN.
-
THE NASHVILLE TEACHER RESIDENCY IS A ONE-YEAR STATE APPROVED EDUCATOR PREPARATION PROVIDER THAT TRAINS DIVERSE COHORTS OF EDUCATORS. WE PARTNER WITH LOCAL SCHOOLS TO CREATE AND/OR INCREASE THE LOCAL TEACHER PIPELINE.
Expenses $997,146 · Grants $68,918 · Revenue $232,413
As filed on the 2023 return.
Listed in Part VII
-
Alan CoverstoneALAN COVERSTONE
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Laura DelgadoLAURA DELGADO
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Jessica MeeceJESSICA MEECE
TREASUER
- Total calculated
- $0
- Hours/week
- 0.5
-
Amy WootenAMY WOOTEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Justin TestermanJUSTIN TESTERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tiffany DellardTIFFANY DELLARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ben SchumacherBEN SCHUMACHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lisa SwinsonLISA SWINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Alexa SenguptaALEXA SENGUPTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
De'Angela ForteDE'ANGELA FORTE
ALUMNI DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt CheekMATT CHEEK
EXECUTIVE DIRECTOR
- Total calculated
- $122,346
- From this org
- $109,953
- From related orgs
- $0
- Other
- $12,393
- Hours/week
- 40
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
- 16 December 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403519349300955
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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