- Revenue 2024
- $13,775,304
- Expenses 2024
- $13,493,750
Program services were 80.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- A33Z
- Classification
- 1000
- Street
- 3145 NORTH MERIDIAN STREET
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
To EMPOWER students to ACCELERATE their academic pathways to ADVANCE their social mobility and ACHIEVE their career and life-long goals.
-
CREATING ACCESS TO QUALITY EDUCATION FOR FAMILIES BY USING START-UP CAPITAL TO CREATE AND SUPPORT SELF-SUSTAINING, SUCCESSFUL SCHOOLS THAT IMPROVE COMMUNITIES AND LIVE ON INTO PERPETUITY.
Expenses $10,806,539 · Grants $80,873 · Revenue $7,785,501
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Geoff Baum
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff ReadyJEFF READY
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Kevin TeasleyKEVIN TEASLEY
PRESIDENT/CEO
- Total calculated
- $491,261
- From this org
- $456,530
- From related orgs
- $0
- Other
- $34,731
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $326,844
- Bonus
- $94,000
- Other
- $35,686
- Deferred
- $18,606
- Nontaxable benefits
- $16,125
- Filer's total
- $491,261
-
Jeremiah Tate
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rob Kremer
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DANA L Teasley
VICE PRESIDENT/CFO
- Total calculated
- $376,582
- From this org
- $360,413
- From related orgs
- $0
- Other
- $16,169
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $281,190
- Bonus
- $63,000
- Other
- $16,223
- Deferred
- $16,169
- Nontaxable benefits
- $0
- Filer's total
- $376,582
-
Kathy Pitts
CHIEF FINANCIAL OFFICER
- Total calculated
- $256,207
- From this org
- $227,353
- From related orgs
- $0
- Other
- $28,854
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $208,122
- Bonus
- $15,000
- Other
- $4,231
- Deferred
- $12,198
- Nontaxable benefits
- $16,656
- Filer's total
- $256,207
-
Jeffery Lozer
Chief Operations Officer
- Total calculated
- $173,706
- From this org
- $157,763
- From related orgs
- $0
- Other
- $15,943
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $149,158
- Bonus
- $0
- Other
- $8,605
- Deferred
- $9,466
- Nontaxable benefits
- $6,477
- Filer's total
- $173,706
-
Peter Morikis
Executive Director - NW Indiana
- Total calculated
- $188,906
- From this org
- $173,852
- From related orgs
- $0
- Other
- $15,054
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $156,548
- Bonus
- $7,500
- Other
- $9,804
- Deferred
- $9,618
- Nontaxable benefits
- $5,436
- Filer's total
- $188,906
-
Reena Gupta
Accounting Director
- Total calculated
- $170,017
- From this org
- $154,916
- From related orgs
- $0
- Other
- $15,101
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $144,378
- Bonus
- $5,000
- Other
- $5,538
- Deferred
- $6,925
- Nontaxable benefits
- $8,176
- Filer's total
- $170,017
-
Rick Elliott
Executive Director
- Total calculated
- $138,538
- From this org
- $121,342
- From related orgs
- $0
- Other
- $17,196
- Hours/week
- 40
-
Shirlon Clay
Chief Academic Officer -Baton Rouge
- Total calculated
- $179,226
- From this org
- $160,589
- From related orgs
- $0
- Other
- $18,637
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $141,359
- Bonus
- $10,000
- Other
- $9,230
- Deferred
- $9,709
- Nontaxable benefits
- $8,928
- Filer's total
- $179,226
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $13,775,304
- Expenses
- $13,493,750
- Contributions
- $4,568,428
- Grants paid
- $80,873
-
2023
- Revenue
- $12,578,463
- Expenses
- $11,332,967
- Contributions
- $5,346,734
- Grants paid
- $248,959
-
2022
- Revenue
- $14,125,350
- Expenses
- $13,459,720
- Contributions
- $5,089,981
- Grants paid
- $1,829,942
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $13,568,258
- Expenses
- $10,511,665
- Assets (EOY)
- $24,649,709
-
2020 · 990
- Revenue
- $7,674,537
- Expenses
- $5,860,147
- Assets (EOY)
- $17,673,440
-
2019 · 990
- Revenue
- $6,054,601
- Expenses
- $4,982,644
- Assets (EOY)
- $11,924,619
-
2018 · 990
- Revenue
- $5,330,224
- Expenses
- $4,655,160
- Assets (EOY)
- $9,578,417
-
2017 · 990
- Revenue
- $6,596,631
- Expenses
- $5,078,937
- Assets (EOY)
- $8,629,957
-
2016 · 990
- Revenue
- $2,520,703
- Expenses
- $3,564,529
- Assets (EOY)
- $10,658,914
-
2015 · 990
- Revenue
- $3,082,890
- Expenses
- $2,991,888
- Assets (EOY)
- $11,003,033
-
2014 · 990
- Revenue
- $3,136,724
- Expenses
- $3,181,461
- Assets (EOY)
- $11,308,686
-
2013 · 990
- Revenue
- $1,881,760
- Expenses
- $2,951,219
- Assets (EOY)
- $10,196,544
-
2012 · 990
- Revenue
- not reported
- Expenses
- $2,728,189
- Assets (EOY)
- $10,406,955
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
$1,025,000
2022 ACADEMIC SUPPORT
-
$736,432
2022 ACADEMIC SUPPORT
-
$125,000
2023 ACADEMIC SUPPORT
-
$78,797
2023 ACADEMIC SUPPORT
-
$70,623
2024 Teacher projects
-
$68,511
2022 Teacher projects for schools
-
$10,000
2023 Grant to Progressive Policy Institute Project
-
2023 Leadership Development
-
$10,000
2023 ACADEMIC SUPPORT
-
2024 Career and Scholars
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
$250,000
2024 TO SUPPORT PLANNING FOR THE LAUNCH OF GEO ACADEMIES CLEVELAND
-
INSTITUTE FOR QUALITY EDUCATION INC
$133,386
2024 EDUCATION
-
2023 EDUCATION
-
2022 IMPROVING EDUCATOR EFFECTIVENESS
-
$10,000
2023 GENERAL SUPPORT
-
2022 EDUCATION
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(c)(3) · Real Estate · IN · controlled entity
Declared as related by
-
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
GEOF HOLDINGS INDIANA LLC
REAL ESTATE · IN · income $0 · assets $10,374
-
REAL ESTATE · CO · income $0 · assets $0
-
GEO ACADEMIES INDIANA HOLDING LLC
EDUCATION · IN · income $302,951 · assets $4,271,688
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.