2024-04-10T20:26:20+00:00 2023-05-31 350921680 CROWE LLP 485 Lexington Avenue Floor 11 New York NY 100172619 990 2022-06-01 133541913 Teach for America Inc TEAC 2122792080 25 Broadway 12th Floor New York NY 10004 Edison De La Cruz EVP, TALENT, OPERATIONS & CFO 2024-04-11 true Edison De La Cruz 999009999 Nicole Bencik P00756195 2125725500 2022 2023-04-26 12:10:37Z Elisa Villanueva Beard 25 Broadway 12th Floor New York NY 10004 331683246 false X www.teachforamerica.org X 1989 CT Teach For America finds, develops and supports equity-oriented leaders to transform education and expand opportunity for all children. 14 13 3080 63565 112707 0 194756235 253424904 19272100 15457832 7106519 7214791 -386603 -525452 220748251 275572075 22922190 31690552 0 0 188585813 212355350 0 0 37555356 58228152 54110559 269736155 298156461 -48987904 -22584386 498661213 527184582 49647727 103548290 449013486 423636292 X 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 false false 135363955 19249384 15560190 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. 45895189 9789228 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. 25752485 339708 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. 6875502 2312232 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. 6875502 2312232 213887131 true true false true false false false true true true false false true true true true false false false true false false false true false false true true true false false false false false false false false true false false false false false false false false true 5625 0 true 3080 true true true false false false false true true false false false false false false X 14 13 false false false false false false false true true false false true true true true true true true true false CA CO FL GA AL HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC OR PA AZ RI SC TN UT VA AR WV WI X X Edison De La Cruz 2122792080 25 Broadway 12th Floor New York NY 10004 David Kenny Director (Chair) 1.0 X X 0 0 0 Elisa Villanueva Beard DIRECTOR/OFFICER-CEO 60.0 X X 498957 0 43466 Susan McCaw Treasurer ( through 9/19/2024) 1.0 X X 0 0 0 Dan Porterfield Director 1.0 X 0 0 0 Eric Yuan Director ( Terminated 7/22/2022) 1.0 X 0 0 0 Kaya Henderson Director 1.0 X 0 0 0 Ken Mehlman Director 1.0 X 0 0 0 Kevin Huffman Director 1.0 X 0 0 0 Lindy Schumacher Director 1.0 X 0 0 0 Linnea Conrad Roberts Director 1.0 X 0 0 0 Michael Lomax Director 1.0 X 0 0 0 Miguel Solis Director 1.0 X 0 0 0 Olivia Walton Director 1.0 X 0 0 0 Pamela Carter Director ( Terminated 1/5/2023) 1.0 X 0 0 0 Steve Mandel Director 1.0 X 0 0 0 William Haslam Director 1.0 X 0 0 0 Joshua Griggs EVP, Talent, Operations and CFO (Terminated 2/19/2023)) 45.0 X 359791 0 36587 Tracy-Elizabeth Clay SVP, Interim Chief People Officer, Secretary 56.0 X 285856 0 41150 Jemina Bernard President & Chief Operating Officer 60.0 X 374307 0 44216 Adam Stanley EVP, Chief Experience Officer ( Terminated 2/3/2023) 42.0 X 360974 0 18149 Amar Patel Executive Director ( Terminated 11/28/2022) 53.0 X 292001 0 31859 Laura Saldivar Luna SVP, Chief People Officer ( Terminated 8/19/2022) 44.0 X 331472 0 27174 Stephen Majors EVP, Chief External Affairs Officer 50.0 X 313618 0 19124 Susan Asiyanbi EVP, Chief Transformation Officer ( Terminated 2/11/2022 ) 29.0 X 295997 0 18785 3112973 0 280510 538 false true false American Institutes for Research 1400 Crystal Drive Floor 10 Arlington VA 22202 Professional Service - Program Research 1717598 Barkley Inc POBox 25277 Overland Park KS 66225 Campaign Development Consulting 1117502 vChief LLC 3011 Sunrise Ct Middleton WI 53562 Virtual Assistant Services 1072497 SVAM International Inc 233 East Shore Rd Ste201 Great Neck NY 11023 IT Consultant Support 948253 Column Five Media Inc 8605 Santa Monica Blvd PMB 26777 West Hollywood CA 90069 Media Campaign Consulting 848500 45 483233 0 9684154 0 52675293 190582224 4196483 253424904 SERVICE FEES REVENUE 611710 15275927 15275927 REG/CERTIFICATION FEES 611710 181905 181905 0 0 0 0 15457832 7219710 7219710 0 0 438 438 3046175 0 3046175 0 0 0 0 52043542 52044552 3909 -1010 -3909 -4919 0 0 -4919 275580 9684154 1016535 -740955 -740955 IT Support Services 561000 112707 112707 Purchasing Rebate 900099 93566 93566 All other revenue 900099 8792 8792 0 0 0 0 215065 275572075 15560190 112707 6474274 6419354 6419354 25271198 25271198 0 0 0 0 2129555 1466167 347166 316222 0 0 0 0 169059339 116394808 27560544 25103987 6002553 4132667 978554 891332 22202449 15286051 3619508 3296890 12961454 8923766 2113014 1924674 0 0 0 0 419348 283192 101877 34279 154275 104184 37480 12611 1245989 1245989 0 135522 135522 15798434 11510364 2894804 1393266 1087789 872000 28224 187565 5183033 3228070 1437295 517668 4402097 2527842 1494337 379918 0 0 0 0 10022403 7385014 1068919 1568470 6865815 5059081 732259 1074475 0 0 0 0 1360120 1002205 145061 212854 508490 372950 65707 69833 0 0 0 4126827 1674822 2257662 194343 549726 403194 71036 75496 SUBSCRIPTIONS & DUES 1077271 672587 220293 184391 BAD DEBT EXPENSE 270672 167541 103028 103 Credit Card and Late Fees 119964 87987 15502 16475 Gifts and Discretionary 670081 550879 33294 85908 112703 91208 6899 14596 298156461 213887131 46713974 37555356 21570587 42804493 5272359 881981 33711509 35924552 819599 702449 0 0 0 0 0 0 21655 0 7468891 9718130 54031386 40524419 13945030 13506967 415055221 373682663 0 203027 699632 0 593335 49263715 498661213 527184582 35912688 40622250 0 0 4683729 6344069 0 0 8664 0 0 0 0 0 0 0 9042646 56581971 49647727 103548290 X 188152872 157410430 260860614 266225862 0 0 0 0 0 0 449013486 423636292 498661213 527184582 X -22584386 -3065967 271357 0 0 1802 X false true X true true true X 294544810 243222144 224573083 194756235 253424904 1210521176 0 0 294544810 243222144 224573083 194756235 253424904 1210521176 186115730 1024405446 9348360 9706087 9649835 10809659 10266323 49780264 0 680280 203093 8330 295238 275580 1462521 1261763961 104609639 0.8119 0.8327 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS INCOME FROM FUNDRAISING, COLUMN A - 680280.0, COLUMN B - 203093.0, COLUMN C - 8330.0, COLUMN D - 295238.0, COLUMN E - 275580.0, COLUMN F - 1462521.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false true 17516 false false true 1625966 false false 1643482 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY ON A STATE LEVEL, LOCAL ADVISORY BOARD MEMBERS, PAID STAFF OR MANAGEMENT HAD DIRECT CONTACT WITH STATE LEGISLATORS, THEIR STAFF AND MEMBERS OF STATE EXECUTIVE BRANCH AGENCIES IN SUPPORT OF STATE APPROPRIATIONS FOR TEACH FOR AMERICA'S IN-STATE OPERATIONS THROUGH REGULAR STATE BUDGET PROCESSES. IN ADDITION, THEY ALSO ADVOCATED FOR LEGISLATION AND REGULATIONS THAT WOULD SUPPORT TEACH FOR AMERICA AND THE CONSTITUENCIES WE SERVE. TEACH FOR AMERICA HAS USED CONSULTANTS AT THE STATE LEVEL TO PROVIDE LOBBYING SERVICES, SUCH AS BILL AND REGULATION TRACKING ON MATTERS, INCLUDING BUT NOT LIMITED TO, TEACHER CERTIFICATION AND STATE FUNDING. AT THE FEDERAL LEVEL, TEACH FOR AMERICA STAFF INTERFACED WITH MEMBERS OF CONGRESS, THEIR PERSONAL AND COMMITTEE STAFF, AND KEY MEMBERS OF THE PRESIDENT'S ADMINISTRATION AND FEDERAL AGENCIES, TO ADVOCATE FOR LEGISLATION AND REGULATIONS THAT WOULD SUPPORT TEACH FOR AMERICA AND THE CONSTITUENCIES WE SERVE. TIME AND RESOURCES SPENT ON LOBBYING IS NOT SUBSTANTIAL RELATIVE TO THE ORGANIZATION'S OVERALL ALLOCATION OF RESOURCES. NO GOVERNMENT GRANTS ARE EVER USED TO SUPPORT LOBBYING ACTIVITIES. false false 347289981 0 4088089 0 28770461 0 322607609 370035763 250000 -20650923 0 2344859 0 347289981 258820565 0 112456222 0 1241024 0 370035763 238782917 100000 20590992 0 651539 1805 258820565 236669182 0 2116344 0 0 2609 238782917 0.3351 0.3643 0.3006 false false 536252 118303 417949 15786646 8823278 6963368 37647284 31521634 6125650 61204 61204 0 13506967 RIGHT-OF-USE ASSETS 48670352 OTHER 593363 49263715 Lease Liabilities 56581971 Capital Lease Obligation 56581971 X 276597657 -3065967 271357 0 1802 -2792808 279390465 135522 -3953912 -3818390 275572075 301974851 0 0 0 3953912 3953912 298020939 135522 0 135522 298156461 Schedule D, Part V, Line 4 Intended uses of endowment funds Teach For America's endowment is intended to provide a continuous source of funding to support the institution's primary educational and social mission. The endowment's principal is intended to be left untouched, while its earnings are used to fund various organization programs (and grants). Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote TFA follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. TFA is exempt from federal income tax under IRC section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. TFA has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated business income; to determine its filing and tax obligations in jurisdictions for which it was nexus; and to identify and evaluate other matters that may be considered tax positions. TFA has determined that there are no material uncertain tax positions that require recognition or disclosure in the accompanying financial statements. In addition, TFA has not recorded a provision for income taxes as it has no material tax liability from unrelated business income activities. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 FORFEITURE CREDITS - 1802 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements RECLASS IT SERVICES TO PART VIII, LINE11 - 112707 RECLASS FUNDRAISING EXPENSES TO PART VIII, LINE 8B - -1016535 RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B - -3046175 RECLASS LOSS ON DISPOSAL - -3909 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B - 3046175 RECLASS LOSS ON DISPOSAL - 3909 RECLASS IT SERVICES TO PART VIII, LINE 11 - -112707 RECLASS FUNDRAISING EXPENSES TO PART VIII, LINE 8B - 1016535 Europe (Including Iceland and Greenland) 0 0 Fundraising 0 0 0 0 0 0 0 0 0 0 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual New York Annual Benefit Dinner 4005178 4005178 0 Chicago FY23 Annual Benefit Dinner 1577260 1555270 21990 8000 63773 37853 11 4377295 4123705 253590 64445 472507 14636 355321 9959733 9684153 275580 72445 536280 14636 393174 1016535 -740955 true Leadership For Educational Equity Foundation 1805 7th Street NW Washington DC 20001 462093041 501c3 4200000 The purpose of this grant is to assist LEE member growth and engagement. To grow overall membership base University of Nevada Las Vegas 4505 South Maryland Parkway Las Vegas NV 89154 886000024 501c3 2000000 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. Achieve Miami Inc 220 Miracle Mile Suite 236 Coral Gables FL 33134 475482321 501c3 50000 The purpose of this grant is to support The Teacher Accelerator Pipeline (TAP) Program Baltimore City Public Schools 200 E North Avenue Baltimore MD 21202 522064235 GOV 25000 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 4301 West Bay Avenue Baltimore MD 21225 522064236 GOV 12500 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 1515 Hughes Way Long Beach CA 90810 956001886 GOV 12500 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 New Song Community Learning Center 1530 Presstman Street Baltimore MD 21217 521838848 12500 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 Commodore John Rodgers School 800 North Charles Street Suite 400 Baltimore MD 21201 521129402 501c3 12500 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 7 1 Awards 1388 2613754 Background Check (Non-Staff) 642 225688 Other Background check payments for Corp Members made directly to the other agencies. Not cash given directly to CM's. Certification Expenses 3304 608456 Fellowships 2583 4907335 Financial Assistance 5467 15202372 Non-Monetary Assistance (Non-Staff) 160 73734 Other Expense reimbursement and classroom supplies for CMs and Alumni Professional Development (Non-Staff) 4196 1639859 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Teach For America provides grants and/or financial aid to corps members who are transitioning to their corps regions and attending summer training. The organization maintains a listing of the individuals that benefit from the grant, with all required information (E.G. Full Name, Social Security Number and Address). Grants are issued based on the financial need of the recipient and may be used for financial aid while within Institute, certification fees, and textbooks. In addition, Teach for America provides an annual grant to Leadership for Educational Equity Foundation (LEEF) to support its mission of supporting charitable and educational activities to develop policy, advocacy, and organizing leaders and fuel the movement for educational equity. Teach for America requires specific reporting requirements under this LEEF grant to ensure close monitoring of the use of the funds. Teach for America, also closely monitors other domestic organization grants to ensure reporting and compliance within the grant terms and purposes. X X X X true false false false false false false false false Elisa Villanueva Beard DIRECTOR/OFFICER-CEO 493644 0 0 0 5313 0 14500 0 28966 0 542423 0 0 0 Joshua Griggs EVP, Talent, Operations and CFO (Terminated 2/19/2023)) 356287 0 0 0 3504 0 14500 0 22087 0 396378 0 0 0 Tracy-Elizabeth Clay SVP, Interim Chief People Officer, Secretary 285856 0 0 0 0 0 13673 0 27477 0 327006 0 0 0 Jemina Bernard President & Chief Operating Officer 371008 0 0 0 3299 0 14500 0 29716 0 418523 0 0 0 Adam Stanley EVP, Chief Experience Officer ( Terminated 2/3/2023) 360974 0 0 0 0 0 0 0 18149 0 379123 0 0 0 Stephen Majors EVP, Chief External Affairs Officer 313618 0 0 0 0 0 0 0 19124 0 332742 0 0 0 Laura Saldivar Luna SVP, Chief People Officer ( Terminated 8/19/2022) 214472 0 0 0 117000 0 11613 0 15561 0 358646 0 0 0 Amar Patel Executive Director ( Terminated 11/28/2022) 223755 0 0 0 68246 0 7842 0 24017 0 323860 0 0 0 Susan Asiyanbi EVP, Chief Transformation Officer ( Terminated 2/11/2022 ) 159551 0 0 0 136446 0 14500 0 4285 0 314782 0 0 0 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. X 518 Market value X 104 4140759 Selling cost X 15 39671 Cost X Tickets 2 8535 Cost X School Supplies 1 7000 Cost 0 false true false Schedule M, Part I COLUMN B THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M. Form 990, Part III, Line 4d Description of other program services (Expenses $ 6,875,502 including grants of $ 2,312,232) 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. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Board of Directors has designated an Executive Committee which mainly handles CEO performance and compensation reviews. The executive committee is comprised of the Board Chair and the chairs of the Finance, Audit, and Governance Committees. Form 990, Part VI, Line 11b Review of form 990 by governing body Teach For America's form 990 was prepared and reviewed by management. TFA's independent accounting firm also performed an in-depth review, and presented their results to the audit committee. A copy of the 990 was provided to the audit committee of the board of directors for review and approval. The full Board received a copy of the 990 Form via email before the 990 form was officially filed with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Teach For America, Inc. requires each officer, director, or key employee annually (1) to review the Conflict of Interest Policy; (2) to disclose any possible personal, family, or business relationship that reasonably could give rise to a conflict of interest or the appearance of a conflict of interest; and (3) to acknowledge by his or her signature that he or she is acting in accordance with the letter and spirit of such Policy. When a Covered Person becomes aware of a proposed Covered Transaction, he or she shall have a duty to take the following actions: (a) immediately disclose the existence and circumstances of such Covered Transaction to the Chair (in the case of officers and key employees other than the Chair) or to the Board of Directors of the Organization (the "Board") or applicable committee thereof (in the case of directors and the Chair); (b) refrain from using his or her personal influence to encourage the Organization to enter into the Covered Transaction; and (c) physically excuse himself or herself from participation in any discussions regarding the Covered Transaction with officers, directors, and employees of the Organization, except to respond to requests for information. Conflicts of interest are administered by the board of Directors, or any applicable committee thereof, with the assistance of the Board chair, and are responsible for reviewing the annual disclosures and receiving disclosures of proposed covered transactions, reviewing proposed covered transactions and determining if an actual conflict of interest exists. The board documents their review of each declaration in the minutes of the meeting at which the covered transaction is covered. Documentation also includes the basis for the final determination and resolution for each covered transaction. If the final determination was accomplished by action of a Board committee or the Board chair, a report to the Board of Directors is conducted regarding any covered transaction approved in accordance with the conflicts of interest policy. Form 990, Part VI, Line 15a Process to establish compensation of top management official TEACH FOR AMERICA USES INDEPENDENT COMPENSATION CONSULTANTS, THIRD-PARTY COMPENSATION SURVEYS AND FORM 990S TO ENSURE THAT THE SALARIES FOR THE CEO, OFFICERS, KEY EMPLOYEES, AND ALL STAFF MEMBERS ARE APPROPRIATE AND IN-LINE WITH THOSE OF COMPARABLE ORGANIZATIONS. DURING THE YEAR, TEACH FOR AMERICA COMPLETED A COMPREHENSIVE COMPENSATION AUDIT AND FINALIZED A NEW COMPENSATION STRUCTURE UNDER THE GUIDANCE OF AN INDEPENDENT COMPENSATION CONSULTANT. ALL STAFF, INCLUDING CEO, OFFICERS, AND KEY EMPLOYEES, SALARIES WERE ASSESSED AGAINST THIS COMPENSATION STRUCTURE AND ADJUSTED AS NECESSARY. THIS PROCESS DETERMINED THAT THE CEO'S SALARY WAS ALREADY POSITIONED APPROPRIATELY AND THAT NO FURTHER SALARY INCREASE WOULD BE OFFERED DURING FISCAL YEAR 2023. TEACH FOR AMERICA'S FINANCE COMMITTEE AND BOARD OF DIRECTORS APPROVES OVERALL SALARY INCREASES EACH YEAR AS PART OF THE ANNUAL BUDGET APPROVAL. Form 990, Part VI, Line 15b Process to establish compensation of other employees TEACH FOR AMERICA USES INDEPENDENT COMPENSATION CONSULTANTS, THIRD-PARTY COMPENSATION SURVEYS AND FORM 990S TO ENSURE THAT THE SALARIES FOR THE CEO, OFFICERS, KEY EMPLOYEES, AND ALL STAFF MEMBERS ARE APPROPRIATE AND IN-LINE WITH THOSE OF COMPARABLE ORGANIZATIONS. DURING THE YEAR, TEACH FOR AMERICA COMPLETED A COMPREHENSIVE COMPENSATION AUDIT AND FINALIZED A NEW COMPENSATION STRUCTURE UNDER THE GUIDANCE OF AN INDEPENDENT COMPENSATION CONSULTANT. ALL STAFF, INCLUDING CEO, OFFICERS, AND KEY EMPLOYEES, SALARIES WERE ASSESSED AGAINST THIS COMPENSATION STRUCTURE AND ADJUSTED AS NECESSARY. OTHER OFFICERS AND KEY EMPLOYEES DID RECEIVE ADJUSTMENTS RESULTING FROM THIS PROCESS, EFFECTIVE AT THE BEGINNING OF FISCAL YEAR 2023. TEACH FOR AMERICA'S FINANCE COMMITTEE AND BOARD OF DIRECTORS APPROVES OVERALL SALARY INCREASES EACH YEAR AS PART OF THE ANNUAL BUDGET APPROVAL. Form 990, Part VI, Line 19 Required documents available to the public Teach For America makes its form 990 available to public by retaining a copy at its place of business. The form 990 is likewise published on the internet at www.guidestar.org and at www.teachforamerica.org. Teach For America also publishes its financial statements on its website. The organization's governing documents and legal attachments, Form 1023 and the conflict of interest policy are available to the public if requested. Form 990, Part VIII, Line 2a FEES FOR SERVICES REVENUE Teach For America has contractual agreements with various school districts across the United States of America to recruit, select, train, and place corps members to teach within their school districts. Teach For America recognizes revenue related to these contractual agreements as earned, that is, when the corps member is placed. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Forfeiture Credits - 1802;