NEW TEACHER CENTER: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- NEW TEACHER CENTER (EIN 26-2427526)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-04-01
- IRS object ID
- 202500919349301685
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-01T18:41:38-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 946214841 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARMANINO ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 CAMINO RAMON STE 350 | AddressLine1Txt |
| City | SAN RAMON | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 945835004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262427526 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW TEACHER CENTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWT | BusinessNameControlTxt |
| Phone | 8316002200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2108 N STREET 7103 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95816 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERYL LEONG | PersonNm |
| Person Title | VP, FINANCE AND BUSINESS OP. | PersonTitleTxt |
| Phone | 8316002200 | PhoneNum |
| Signature | 2025-04-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENNIFER M VACHA | PreparerPersonNm |
| PTIN | P01251998 | PTIN |
| Phone | 9257902600 | PhoneNum |
| Preparation | 2025-03-25 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TOMMY CHANG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2108 N STREET 7103 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95816 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $23,650,350 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NEWTEACHERCENTER.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2008 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | NEW TEACHER CENTER'S MISSION IS TO IMPROVE STUDENT OUTCOMES BY ACCELERATING EDUCATOR EFFECTIVENESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 163 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $35,187,736 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,315,263 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,339,599 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,968,551 | CYProgramServiceRevenueAmt |
| PY Investment Income | $510,703 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,364,801 | CYInvestmentIncomeAmt |
| PY Other Revenue | $15,007 | PYOtherRevenueAmt |
| CY Other Revenue | $1,735 | CYOtherRevenueAmt |
| PY Total Revenue | $47,053,045 | PYTotalRevenueAmt |
| CY Total Revenue | $23,650,350 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,838,078 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $970,279 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,479,629 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $20,672,308 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,922,562 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,405,547 | PYOtherExpensesAmt |
| CY Other Expenses | $7,312,763 | CYOtherExpensesAmt |
| PY Total Expenses | $31,723,254 | PYTotalExpensesAmt |
| CY Total Expenses | $28,955,350 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $15,329,791 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$5,305,000 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $42,713,164 | TotalAssetsBOYAmt |
| Total Assets EOY | $36,839,816 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,614,366 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,046,018 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $40,098,798 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $34,793,798 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NEW TEACHER CENTER (NTC) IS A NATIONAL NONPROFIT ORGANIZATION DEDICATED TO IMPROVING OUTCOMES FOR ALL STUDENTS BY ACCELERATING TEACHER AND SCHOOL LEADER EFFECTIVENESS. FROM PRESCHOOL THROUGH HIGH SCHOOL, (CONTINUED ON SCHEDULE O) | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $16,939,509 | ExpenseAmt |
| Grant | $504,505 | GrantAmt |
| Revenue | $6,840,727 | RevenueAmt |
| Desc | NEW TEACHER INDUCTION: NTC'S RESEARCH-BACKED TEACHER INDUCTION MODEL PROVIDES COMPREHENSIVE SUPPORT FOR NEW TEACHERS ENTERING THE EDUCATION WORKFORCE VIA MANY PATHWAYS, INCLUDING PRE-SERVICE AND ALTERNATIVELY CERTIFIED EDUCATORS. THROUGH PROGRAM LEADER CONSULTATION, NTC COLLABORATES WITH DISTRICT LEADERS TO DESIGN INDUCTION PROGRAMS ALIGNED WITH LOCAL GOALS, FOCUSING ON CAPACITY BUILDING, PROGRESS MONITORING, AND DATA-DRIVEN PROBLEM-SOLVING. FOUNDATIONAL PROFESSIONAL LEARNING EQUIPS MENTORS WITH COACHING STRATEGIES GROUNDED IN TRUST, RELATIONSHIP-BUILDING, AND ADULT LEARNING SCIENCE TO ENHANCE NEW TEACHERS' SELF-EFFICACY. VIRTUAL AND ON-SITE IN-FIELD COACHING ENSURES PROFESSIONAL LEARNING TRANSLATES INTO INSTRUCTIONAL IMPACT WHILE MENTORING COMMUNITIES (CONTINUED ON SCHEDULE O)OF PRACTICE FOSTER COLLABORATION, CONSISTENCY, AND ONGOING IMPROVEMENT. LEADERSHIP ENGAGEMENT ALIGNS DISTRICT POLICIES WITH EFFECTIVE MENTORING PRACTICES, CREATING ENABLING CONDITIONS FOR INDUCTION SUCCESS. NTC'S IMPACT-DRIVEN APPROACH, SUPPORTED BY FEDERAL STUDIES, LEVERAGES ROBUST EVALUATION TOOLS TO MEASURE AND SUSTAIN PROGRAM OUTCOMES THAT BENEFIT EDUCATORS AND STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,519,915 | ExpenseAmt |
| Revenue | $1,825,289 | RevenueAmt |
| Desc | ADAPTIVE CONSULTATION: THE NEW TEACHER CENTER WORKS TO CREATE COHERENT SYSTEMS OF TEACHER DEVELOPMENT AND TEACHER LEADERSHIP WITHIN STATES, DISTRICTS, AND SCHOOLS. IN ADDITION TO OUR DEEP WORK WITH TEACHER INDUCTION AND INSTRUCTIONAL COACHING, NEW TEACHER CENTER WORKS WITH SCHOOL LEADERS, EARLY LEARNING PROGRAMS, ACADEMIC AND ASSESSMENT DEPARTMENTS, AND DISTRICT LEADERS TO PROVIDE PARTNER-SPECIFIC CONSULTATION AROUND AREAS OF NEED. OUR ADAPTIVE CONSULTATION APPROACH IS GROUNDED IN PARTNER NEEDS, AS IDENTIFIED THROUGH QUANTITATIVE AND QUALITATIVE DATA POINTS. THIS CAN INCLUDE ACTIONS SUCH AS SCHOOL AND DISTRICT-LEVEL AUDITS TO HELP UNCOVER CHALLENGES TO BE ADDRESS THROUGH DATA ASSESSMENT, CONSULTING, AND COACHING. EACH ADAPTIVE CONSULTATION PARTNERSHIP IS UNIQUE TO THE PARTNER WHILE (CONTINUED ON SCHEDULE O)GROUNDED IN THE HISTORIC STRENGTHS OF THE NEW TEACHER CENTER. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,996,617 | ExpenseAmt |
| Grant | $465,774 | GrantAmt |
| Revenue | $806,229 | RevenueAmt |
| Desc | INSTRUCTIONAL COACHING: NTC'S EVIDENCE-BASED MODEL SUPPORTS SCHOOLS AND DISTRICTS IN BUILDING SUSTAINABLE INSTRUCTIONAL COACHING PROGRAMS THAT DRIVE HIGH-IMPACT INSTRUCTION FOR ALL STUDENTS. NTC COLLABORATES WITH STAKEHOLDERS TO ASSESS TEACHING CONDITIONS AND READINESS FOR CHANGE, ALIGNING DISTRICT GOALS TO A STRATEGIC PROFESSIONAL LEARNING PLAN. OUR CONTEXTUALIZED INSTRUCTIONAL COACHING IS TAILORED TO EACH DISTRICT'S UNIQUE CONTEXT, FOSTERING A STRENGTHS-BASED, HIGH-GROWTH ENVIRONMENT. THROUGH PRE-IMPLEMENTATION PLANNING, WE ESTABLISH SYSTEMS AND LONG-TERM PROFESSIONAL LEARNING ALIGNED WITH CLASSROOM PRACTICES. NTC ENHANCES COACHING CAPACITY THROUGH PROFESSIONAL LEARNING, COMMUNITIES OF PRACTICE, AND IN-FIELD COACHING, WHILE IMPLEMENTATION CONSULTATION AND PROGRESS MONITORING ENSURE CONTINUOUS (CONTINUED ON SCHEDULE O) IMPROVEMENT AND ALIGNMENT WITH DISTRICT GOALS USING TOOLS LIKE GUSKEY'S 5+1 FRAMEWORK. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,228,815 | ExpenseAmt |
| Revenue | $496,306 | RevenueAmt |
| Desc | OTHER PROGRAM SERVICES: DIGITAL LICENSING, IMPACT, EARLY LEARNING, SCHOOL LEADERSHIP, DIRECT TO EDUCATOR. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,228,815 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $496,306 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $24,684,856 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 163 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHANIE VALENCIA ACCOUNTING MANAGER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8316002200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2108 N STREET 7103 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95816 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| TOMMY CHANG | ||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | Yes (X) | $357,191 | $0 | $19,518 | ||
| SHRUTI SEHRA | ||||||||
| BOARD CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KELLY POPE | ||||||||
| VICE CHAIR & TREASURER (THRU 01/24) | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PAUL GOREN | ||||||||
| TREASURER (AS OF 01/24) | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DAVID SPILLER | ||||||||
| BOARD SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SUJATA BHATT | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| CHONG HAO-FU | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| NITHIN IYENGAR | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| MAGALY LAVADENZ | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM MYLEN | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| CHERYL LEONG | ||||||||
| VP, FIN. & BUSINESS OPS | 40.00 | Yes (X) | $79,885 | $0 | $0 | |||
| ATYANI HOWARD | ||||||||
| CHIEF PROGRAM OFFICER | 40.00 | $320,633 | $0 | $22,475 | Yes (X) | |||
| SABRINA A PLASSMAN | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | $246,561 | $0 | $5,394 | Yes (X) | |||
| FELIZA LICON ORTIZ | ||||||||
| CHIEF OF STAFF | 40.00 | $201,579 | $0 | $5,383 | Yes (X) | |||
| ALLISON C ALIAGA | ||||||||
| VP, PARTNERSHIPS & DEVELOPMENT | 40.00 | $213,197 | $0 | $33,911 | Yes (X) | |||
| JENNIFER DOUGLASS | ||||||||
| VPP, PEOPLE & CULTURE | 40.00 | $209,817 | $0 | $33,626 | Yes (X) | |||
| NINA M BRUDER | ||||||||
| EXECUTIVE DIRECTOR, JNTP | 40.00 | $201,813 | $0 | $36,947 | Yes (X) | |||
| DAVID ABEL | ||||||||
| SENIOR ADVISOR | 40.00 | $192,746 | $0 | $35,430 | Yes (X) | |||
| JEFFREY HOMAN | ||||||||
| VP, PROGRAM DESIGN & INNOVATION | 40.00 | $199,498 | $0 | $16,392 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,222,920 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $209,076 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 75 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| STUDION INC | |||||
| 6 LIBERTY SQ PMB 99743 | BOSTON | MA | 021095800 | ONLINE LEARNING PLATFORM | $495,238 |
| BELLWETHER EDUCATION PARTNERS INC | |||||
| 517 BOSTON POST RD UNIT 171 | SUDBURY | MA | 017767607 | ADVISING, PLANNING, STRATEGY DEVELOPMENT | $203,925 |
| CENTER FOR CREATIVE LEADERSHIP | |||||
| ONE LEADERSHIP PLACE GREENSBORO NC | GREENSBORO | NC | 27410 | TRAINING FOR LEADERSHIP DEVELOPMENT | $153,902 |
| SMITH AND CONNORS LLC | |||||
| 4110 SE HAWTHORNE BLVD PMB 213 | PORTLAND | OR | 972145246 | BRAND IDENTITY, STRATEGY, & MESSAGING SO | $140,000 |
| THE EQUITY LAB | |||||
| 4828 ILLINOIS AVE NW | WASHINGTON | DC | 200114578 | DEI CONSULTING | $138,450 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,865,634 | GovernmentGrantsAmt |
| All Other Contributions | $8,449,629 | AllOtherContributionsAmt |
| Total Contributions | $12,315,263 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM CONTRACTS | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $9,968,551 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,968,551 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,968,551 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,364,801 | TotalRevenueColumnAmt |
| Exclusion | $1,364,801 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $685 | TotalRevenueColumnAmt |
| Exclusion | $685 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,050 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,050 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,050 | TotalRevenueColumnAmt |
| Exclusion | $1,050 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,650,350 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,968,551 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,366,536 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $970,279 | TotalAmt |
| Program Services | $970,279 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,347,497 | TotalAmt |
| Program Services | $257,445 | ProgramServicesAmt |
| Management And General | $1,090,052 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,490,982 | TotalAmt |
| Program Services | $12,994,103 | ProgramServicesAmt |
| Management And General | $125,177 | ManagementAndGeneralAmt |
| Fundraising | $1,371,702 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $349,920 | TotalAmt |
| Program Services | $316,140 | ProgramServicesAmt |
| Management And General | $1,017 | ManagementAndGeneralAmt |
| Fundraising | $32,763 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,192,731 | TotalAmt |
| Program Services | $2,703,322 | ProgramServicesAmt |
| Management And General | $207,660 | ManagementAndGeneralAmt |
| Fundraising | $281,749 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,291,178 | TotalAmt |
| Program Services | $1,083,981 | ProgramServicesAmt |
| Management And General | $94,861 | ManagementAndGeneralAmt |
| Fundraising | $112,336 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,869 | TotalAmt |
| Management And General | $101,869 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,969,177 | TotalAmt |
| Program Services | $1,889,956 | ProgramServicesAmt |
| Management And General | $67,591 | ManagementAndGeneralAmt |
| Fundraising | $11,630 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,979 | TotalAmt |
| Program Services | $9,062 | ProgramServicesAmt |
| Management And General | $1,772 | ManagementAndGeneralAmt |
| Fundraising | $145 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $325,032 | TotalAmt |
| Program Services | $283,398 | ProgramServicesAmt |
| Management And General | $27,517 | ManagementAndGeneralAmt |
| Fundraising | $14,117 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,479,682 | TotalAmt |
| Program Services | $1,154,376 | ProgramServicesAmt |
| Management And General | $282,899 | ManagementAndGeneralAmt |
| Fundraising | $42,407 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,035 | TotalAmt |
| Program Services | $124,758 | ProgramServicesAmt |
| Management And General | $27,983 | ManagementAndGeneralAmt |
| Fundraising | $2,294 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,619,704 | TotalAmt |
| Program Services | $1,573,954 | ProgramServicesAmt |
| Management And General | $29,987 | ManagementAndGeneralAmt |
| Fundraising | $15,763 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $619,598 | TotalAmt |
| Program Services | $602,364 | ProgramServicesAmt |
| Management And General | $9,381 | ManagementAndGeneralAmt |
| Fundraising | $7,853 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $315,768 | TotalAmt |
| Program Services | $227,717 | ProgramServicesAmt |
| Management And General | $81,979 | ManagementAndGeneralAmt |
| Fundraising | $6,072 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,062 | TotalAmt |
| Program Services | $50,525 | ProgramServicesAmt |
| Management And General | $18,190 | ManagementAndGeneralAmt |
| Fundraising | $1,347 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STAFF DEVELOPMENT | $414,387 | $373,678 | $23,230 | $17,479 |
| BAD DEBT | $48,988 | $48,988 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $182,482 | TotalAmt |
| Program Services | $20,810 | ProgramServicesAmt |
| Management And General | $156,767 | ManagementAndGeneralAmt |
| Fundraising | $4,905 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,955,350 | TotalAmt |
| Program Services | $24,684,856 | ProgramServicesAmt |
| Management And General | $2,347,932 | ManagementAndGeneralAmt |
| Fundraising | $1,922,562 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,440,490 | BOYAmt |
| EOY | $1,590,996 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,523,163 | BOYAmt |
| EOY | $27,232,327 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,366,958 | BOYAmt |
| EOY | $1,500,101 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,682,171 | BOYAmt |
| EOY | $4,119,616 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $865,348 | BOYAmt |
| EOY | $877,510 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,326,199 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,806,933 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,835,034 | BOYAmt |
| EOY | $1,519,266 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,713,164 | BOYAmt |
| EOY | $36,839,816 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,515,361 | BOYAmt |
| EOY | $1,522,722 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,000 | BOYAmt |
| EOY | $135,900 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,005 | BOYAmt |
| EOY | $387,396 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,614,366 | BOYAmt |
| EOY | $2,046,018 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,427,395 | BOYAmt |
| EOY | $31,848,394 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,671,403 | BOYAmt |
| EOY | $2,945,404 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,098,798 | BOYAmt |
| EOY | $34,793,798 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,713,164 | BOYAmt |
| EOY | $36,839,816 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$5,305,000 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,709,664 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,157,895 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,965,243 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $35,187,736 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,315,263 | CurrentTaxYearAmt |
| Total | $104,335,801 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,932,594 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,200,321 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,084,685 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,339,599 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,968,551 | CurrentTaxYearAmt |
| Total | $43,525,750 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,642,258 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,358,216 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,049,928 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $46,527,335 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,283,814 | CurrentTaxYearAmt |
| Total | $147,861,551 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,734,194 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,369,875 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,900,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,350,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,750,000 | CurrentTaxYearAmt |
| Total | $42,104,069 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,734,194 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,369,875 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,900,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,350,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,750,000 | CurrentTaxYearAmt |
| Total | $42,104,069 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $105,757,482 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,681 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,496 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,728 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $521,128 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,366,536 | CurrentTaxYearAmt |
| Total | $1,991,569 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,681 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,496 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,728 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $521,128 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,366,536 | CurrentTaxYearAmt |
| Total | $1,991,569 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,779 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,231 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,657 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,436 | CurrentTaxYearMinus1YearAmt |
| Total | $25,103 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,715,718 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $24,380,943 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,077,313 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $47,053,899 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,650,350 | CurrentTaxYearAmt |
| Total | $149,878,223 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.70560 | PublicSupportCY509Pct |
| Public Support PY509 | 0.72010 | PublicSupportPY509Pct |
| Investment Income CY | 0.01330 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00490 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $28,955,350 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $28,955,350 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $1,786 | CurrentYearMinus2Amt |
| Current Year Minus1 | $215 | CurrentYearMinus1Amt |
| Total | $2,001 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,326,199 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,806,933 | DepreciationAmt |
| Book Value | $1,519,266 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,519,266 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER ACCRUED LIABILITIES | Desc |
| Amt | $387,396 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $387,396 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $23,713,389 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $63,039 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $63,039 | RevenueNotReportedAmt |
| Revenue Subtotal | $23,650,350 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,650,350 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $29,018,389 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $63,039 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $63,039 | ExpensesNotReportedAmt |
| Expenses Subtotal | $28,955,350 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $28,955,350 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NTC IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM STATE INCOME TAX UNDER SECTION 23701(D) OF THE REVENUE AND TAXATION CODE OF THE STATE OF CALIFORNIA. ACCORDINGLY, CONTRIBUTIONS TO NTC ARE QUALIFIED CHARITABLE CONTRIBUTION DEDUCTIONS. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY NTC IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| NISWONGER FOUNDATION | ||||||||
| 223 NORTH MAIN STREET | GREENEVILLE | TN | 37745 | 621871605 | 501(C)(3) | $142,846 | $0 | NON-PROFIT ORGANIZATION PARTNERS TO CATALYZE INNOVATIONS IN TEACHER LEADER DEVELOPMENT IN RURAL AND URBAN SETTINGS. |
| ALABAMA BEST PRACTICES CENTER | ||||||||
| PO BOX 4433 | MONTGOMERY | AL | 36103 | 631280001 | 501(C)(3) | $351,705 | $0 | DISTRICT PARTNERS TO ENHANCE SOCIAL AND EMOTIONAL LEARNING INTEGRATED WITH RIGOROUS CONTENT THROUGH A COMPREHENSIVE WHOLE-SCHOOL PROFESSIONAL LEARNING MODEL. |
| SOUTHEAST SOUTH-CENTRAL EDUCATIONAL COOPERATIVE | ||||||||
| PO BOX 1777 | RICHMOND | KY | 40476 | 900909356 | 501(C)(3) | $149,137 | $0 | DISTRICTS PARTNER TO CATALYZE INNOVATIONS IN TEACHER LEADER DEVELOPMENT IN RURAL AND URBAN SETTINGS. |
| SOUTHWEST WEST CENTRAL SERVICE COOPERATIVE - FOUNDATION FOR INNOVATION IN E | ||||||||
| 1420 EAST COLLEGE DRIVE | MARSHALL | MN | 56258 | 824640555 | 501(C)(3) | $306,591 | $0 | NON-PROFIT ORGANIZATION PARTNERS TO ENHANCE SOCIAL AND EMOTIONAL LEARNING INTEGRATED WITH RIGOROUS CONTENT THROUGH A COMPREHENSIVE WHOLE-SCHOOL PROFESSIONAL LEARNING MODEL. |
| SAN FRANCISCO UNIFIED SCHOOL DISTRICT | ||||||||
| 555 FRANKLIN ST 2ND FLOOR | SAN FRANCISCO | CA | 94102 | 946000416 | SCHOOL DISTRICT | $20,000 | $0 | DEEPENING AND EXPANDING NEW TEACHER CENTER'S WORK IN SAN FRANCISCO UNIFIED SCHOOL DISTRICT. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NTC GRANTS LIMITED SUB-AWARDS FROM RECEIVING GRANTS. THE SUB-AWARDS ARE MADE ONLY TO EXEMPT ORGANIZATIONS WITH CHARITABLE PURPOSES SIMILAR TO NTC'S PURPOSE. NTC ALSO MAKES GRANTS SUB-AWARDS AND FEDERAL PASS-THROUGH GRANTS TO GOVERNMENT OR QUASI-GOVERNMENT ORGANIZATIONS. SPECIFIC GUIDELINES ARE PROVIDED AS TO THE USE OF THE SUB-AWARD FUNDS AND PASS-THROUGH GRANTS IN ALL CASES. 1. INVOICES ARE PREPARED BY THE CONTRACTOR PER THE BILLING SCHEDULE OUTLINED IN THE EXECUTED AGREEMENT BETWEEN NTC AND THE CONTRACTOR. INVOICES ARE SENT DIRECTLY TO THE PROJECT LEAD, REVIEWED, AND THEN SENT TO THE FINANCIAL GRANTS MANAGER (FGM) FOR A SECONDARY REVIEW. 2. THE SGCA REVIEWS THE INVOICE WITHIN 72 HOURS OF BEING SUBMITTED. ITEMS REVIEWED INCLUDE: A. APPROPRIATE BILLING AND EXPENSE PERIOD. B. ALIGNMENT WITH THE TERMS AND CONDITIONS OF THE CONTRACTUAL AGREEMENT AND GRANT BUDGET (WHICH INCLUDES CLAUSES PERTAINING TO ALLOWABLE FEDERAL COSTS). C. SUPPORTING DOCUMENTATION. 3. WHEN THE FGM HAS QUESTIONS OR FINDS ERRORS ON CONTRACTUAL INVOICE(S), THE FGM WORKS IN COORDINATION WITH THE PROJECT LEAD TO HAVE THE CONTRACTOR(S) MAKE THE NECESSARY ADJUSTMENTS AND RESUBMIT THE INVOICE FOR PAYMENT. 4. UPON FINAL APPROVAL, THE FGM SUBMITS THE INVOICE TO THE ACCOUNTS PAYABLE ANALYST FOR PAYMENT PROCESSING. 5. CONTRACTUAL PAYMENTS UNDERGO A FINAL REVIEW DURING PREPARATION OF THE MONTHLY FEDERAL DRAW TRACKER. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TOMMY CHANG | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $333,791 | $0 | $23,400 | $0 | $0 | $0 | $9,631 | $0 | $9,887 | $0 | $376,709 | $0 | $0 | $0 |
| ATYANI HOWARD | ||||||||||||||
| CHIEF PROGRAM OFFICER | $298,621 | $0 | $22,012 | $0 | $0 | $0 | $0 | $0 | $22,475 | $0 | $343,108 | $0 | $0 | $0 |
| SABRINA A PLASSMAN | ||||||||||||||
| CHIEF OPERATING OFFICER | $216,561 | $0 | $30,000 | $0 | $0 | $0 | $4,436 | $0 | $958 | $0 | $251,955 | $0 | $0 | $0 |
| ALLISON C ALIAGA | ||||||||||||||
| VP, PARTNERSHIPS & DEVELOPMENT | $200,197 | $0 | $13,000 | $0 | $0 | $0 | $6,184 | $0 | $27,727 | $0 | $247,108 | $0 | $0 | $0 |
| JENNIFER DOUGLASS | ||||||||||||||
| VPP, PEOPLE & CULTURE | $194,667 | $0 | $15,150 | $0 | $0 | $0 | $6,085 | $0 | $27,541 | $0 | $243,443 | $0 | $0 | $0 |
| NINA M BRUDER | ||||||||||||||
| EXECUTIVE DIRECTOR, JNTP | $191,901 | $0 | $9,912 | $0 | $0 | $0 | $5,804 | $0 | $31,143 | $0 | $238,760 | $0 | $0 | $0 |
| DAVID ABEL | ||||||||||||||
| SENIOR ADVISOR | $176,992 | $0 | $15,754 | $0 | $0 | $0 | $4,814 | $0 | $30,616 | $0 | $228,176 | $0 | $0 | $0 |
| JEFFREY HOMAN | ||||||||||||||
| VP, PROGRAM DESIGN & INNOVATION | $185,498 | $0 | $14,000 | $0 | $0 | $0 | $5,661 | $0 | $10,731 | $0 | $215,890 | $0 | $0 | $0 |
| FELIZA LICON ORTIZ | ||||||||||||||
| CHIEF OF STAFF | $186,579 | $0 | $15,000 | $0 | $0 | $0 | $4,573 | $0 | $810 | $0 | $206,962 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | ALL BONUS AMOUNTS WERE DETERMINED AND APPROVED BY THE CEO AND BOARD CHAIR OF NEW TEACHER CENTER. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION, CONTINUED: | NTC BELIEVES THAT EVERY STUDENT DESERVES AN EXCELLENT EDUCATION THAT EMPOWERS THEM TO REACH THEIR FULL POTENTIAL IN CLASSROOMS, COMMUNITIES, AND BEYOND. FOUNDED BY TEACHERS IN 1998, NTC BUILDS CAPACITY WITHIN DISTRICTS AND SCHOOLS TO DRIVE STUDENT LEARNING, EDUCATOR EFFECTIVENESS, AND TEACHER AND LEADERSHIP DEVELOPMENT. NTC'S COACHING-LED AND EVIDENCE-BASED APPROACH FOCUSES ON THE ENVIRONMENT AND KEY ATTRIBUTES THAT TELL US HOW NOT JUST TO RETAIN TEACHERS BUT HELP THEM IMPROVE PRACTICE AND BECOME EDUCATOR LEADERS, ESPECIALLY AT THE START OF THEIR CAREERS. IN THE 2023-24 SCHOOL YEAR, NTC PARTNERED WITH SCHOOLS SERVING MORE THAN 4.4 MILLION STUDENTS AND 274,000 TEACHERS. ACROSS 30 STATES, NTC SUPPORT REACHED APPROXIMATELY 7,800 SCHOOLS FROM RURAL TO URBAN. FOR MORE INFORMATION, VISIT: HTTPS://WWW.NEWTEACHERCENTER.ORG/. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE BOARD EITHER IN A MEETING OR VIA ELECTRONIC DISTRIBUTION BEFORE IT IS SENT TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY COVERS DIRECTORS, OFFICERS, AND EMPLOYEES. IT COVERS FINANCIAL RELATIONSHIPS WITH A DUTY TO DISCLOSE TO NTC A CONFLICT OF INTEREST. WITH REGARD TO AN EMPLOYEE, THE CEO DETERMINES THE APPROPRIATE RESPONSE IN LINE WITH THE POLICY. WITH REGARD TO DIRECTORS OR OFFICERS, OR EMPLOYEE MATTERS REFERRED TO THE BOARD BY THE CEO, THE BOARD ADDRESSES THE CONFLICT. INDEPENDENT BOARD MEMBERS DETERMINE IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT EXISTS WITH NO CONFLICT. AFTER EXERCISING DUE DILIGENCE, THE MAJORITY OF DISINTERESTED BOARD MEMBERS AS A WHOLE OR AS PART OF A COMMITTEE BY A MAJORITY VOTE WHETHER THE TRANSACTION IS IN NTC'S BEST INTERESTS AND IS FAIR AND REASONABLE. |
| FORM 990, PART VI, SECTION B, LINE 15 | NEW TEACHER CENTER ADOPTED A COMPENSATION REVIEW POLICY TO FACILITATE COMPLIANCE WITH CALIFORNIA AND FEDERAL LAW RELATING TO COMPENSATION OF SENIOR MANAGEMENT OF NONPROFIT ORGANIZATIONS AND IN ACCORDANCE WITH BEST PRACTICES. CEO AND CFO/COO - UNDER THE POLICY, THE BOARD MAY APPROVE THE COMPENSATION OF THE CEO OR CFO/COO ONLY IF THE COMPENSATION IS JUST AND REASONABLE. IN MAKING THIS DETERMINATION, THE BOARD CONSIDERS COMPARABILITY DATA THAT DEMONSTRATES THE FAIR MARKET VALUE OF THE CEO'S AND CFO/COO'S COMPENSATION. THESE DATA MAY INCLUDE THE FOLLOWING: COMPENSATION PAID BY SIMILARLY SITUATED NONPROFIT AND FOR PROFIT ORGANIZATIONS FOR COMPARABLE POSITIONS, AVAILABILITY OF SIMILAR SERVICES IN NTC'S GEOGRAPHIC AREA, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS AND WRITTEN OFFERS FROM SIMILAR ORGANIZATIONS COMPETING FOR THE CEO'S OR CFO/COO'S SERVICES. THE BOARD MAY TAKE ANY OTHER SUCH REVIEW ACTIONS AS IT BELIEVES APPROPRIATE UNDER THEN APPLICABLE LAW AND BEST PRACTICES PRINCIPLES. THE BOARD DOCUMENTS HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED. DOCUMENTATION SUCH AS MEETING MINUTES SHOULD NOTE: (I) TERMS OF THE COMPENSATION AND THE DATE IT WAS APPROVED (II) BOARD MEMBERS WHO WERE PRESENT DURING THE MEETING AND THOSE MEMBERS WHO VOTED (III) COMPARABILITY DATA OBTAINED AND RELIED UPON AND HOW THE DATA WERE OBTAINED (IV) ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE WHO IS OTHERWISE A BOARD MEMBER BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION AND, (V) IF THE COMPENSATION IS HIGHER OR LOWER THAN THE RANGE OF THE COMPARABILITY DATA, THE BASIS FOR THE DECISION. IN ADDITION TO THE REQUIREMENTS OF THE COMPENSATION REVIEW POLICY APPLICABLE TO ALL COVERED INDIVIDUALS, THE BOARD REVIEWS THE COMPENSATION OF THE CEO AND CFO/COO (OR INDIVIDUALS WITH EQUIVALENT POWERS, DUTIES, AND RESPONSIBILITIES) UPON (I) HIRING (II) WHENEVER THE TERM OF EMPLOYMENT, IF ANY, IS RENEWED OR EXTENDED OR (III) WHENEVER THE COMPENSATION IS MODIFIED, UNLESS THE MODIFICATION EXTENDS TO SUBSTANTIALLY ALL OF NTC'S EMPLOYEES, AS REQUIRED BY CALIFORNIA LAW. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL REQUESTS FOR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST, GENERALLY WITHIN 48 HOURS AT NO EXPENSE TO THE REQUESTING PARTY. DISTRIBUTION OF THE REQUESTED DOCUMENTS WILL BE IN PDF FORMAT DELIVERED VIA EMAIL, UNLESS A PAPER COPY IS REQUESTED WHICH WILL BE DISTRIBUTED VIA U.S. MAIL. |
Comments