2021-05-06T16:56:57-05:00 2020-06-30 341874260 CBIZ MHM LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2019-07-01 475135488 KANSAS CITY TEACHER RESIDENCY INC % CHARLES KING KANS 8162985660 415 DELAWARE NO STE 4E KANSAS CITY MO 64105 CHARLES KING EXECUTIVE DIRECTOR 8162985660 2021-05-05 1 LISA BURKE P00220718 8169455500 2021-05-05 2019 2022-09-23 18:48:47Z CHARLES KING 415 DELAWARE NO STE 4E KANSAS CITY MO 64105 2920461 0 X KCTEACH.ORG X 2015 MO TO RECRUIT, DEVELOP, PLACE, AND RETAIN MISSION ORIENTATED INDIVIDUALS WHO WANT TO MAKE A DEEP COMMITMENT TO WORKING IN HIGH NEED URBAN SCHOOLS IN THE KANSAS CITY AREA. 8 8 106 0 0 0 3127540 2436925 470831 483085 50 77 584 374 3599005 2920461 0 0 0 0 1218665 1246764 0 0 93307 2268878 1661165 3487543 2907929 111462 12532 1235543 1453233 25171 230329 1210372 1222904 TO RECRUIT, DEVELOP, PLACE, AND RETAIN MISSION ORIENTED INDIVIDUALS WHO WANT TO MAKE A DEEP COMMITMENT TO WORKING IN HIGH NEED URBAN SCHOOLS IN THE KANSAS CITY AREA. 0 0 2502769 483459 THE KANSAS CITY TEACHER RESIDENCY'S MISSION IS TO RECRUIT, DEVELOP, PLACE AND RETAIN MISSION ORIENTED INDIVIDUALS WHO WANT TO MAKE A DEEP COMMITMENT TO WORKING IN HIGH NEED URBAN SCHOOLS IN METRO KANSAS CITY SCHOOLS. THE KANSAS CITY TEACHER RESIDENCY SEEKS TO TRANSFORM THE TEACHER PREPARATION LANDSCAPE IN THE KANSAS CITY AND MISSOURI BY SETTING FORTH RIGOROUS 5-YEAR IMPACT GOALS THAT WILL GUIDE OUR STRATEGIC PROGRAM IMPLEMENTATION. 2502769 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 145 0 1 106 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MO X CHARLES KING 8162985660 415 DELAWARE SUITE 2W KANSAS CITY MO 64105 CATHERINE BOODY DIRECTOR 1.00 X 0 0 0 NANCY MCCULLOUGH TREASURER 2.00 X X 0 0 0 MICHAEL ROANE CHAIRMAN 2.00 X X 0 0 0 JULIE HOLLAND DIRECTOR 1.00 X 0 0 0 BETH ALLEN VICE-CHAIRMAN 1.00 X X 0 0 0 NILYUM JHALA SECRETARY 1.00 X X 0 0 0 KENDALL SEAL DIRECTOR 1.00 X X 0 0 0 CHASE BARNES DIRECTOR 1.00 X 0 0 0 CHARLES KING EXECUTIVE DIRECTOR 50.00 X 121548 0 5985 121548 0 5985 1 0 0 0 0 2436925 16000 2436925 DISTRICT FEES 611430 483085 483085 483085 77 77 OTHER INCOME 900099 374 374 374 2920461 483459 0 77 127533 110997 8890 7646 954588 830813 66542 57233 82239 71575 5733 4931 82404 71719 5744 4941 62673 62673 73837 73837 4178 4178 24652 21027 3625 88902 66578 22324 45888 36294 4783 4811 134721 119453 7634 7634 22818 14977 7841 39633 16132 23501 357 357 9853 8737 558 558 34016 30160 1928 1928 RESIDENT SUPPORT 924708 924708 FACULTY & CURRICULUM 155862 155862 TRAINING & DEVELOPMENT 35200 19870 15330 TUITION, REGISTRATION & 3867 3867 2907929 2502769 311853 93307 X 808205 1292757 15000 15000 332739 37643 24142 39097 46092 68082 38891 32094 29191 8408 8408 1235543 1453233 17237 224465 7934 5864 25171 230329 X 453370 578649 757002 644255 1210372 1222904 1235543 1453233 12532 0 X 0 1 X 1 0 X 3217459 2623677 3127540 2436925 11405601 3217459 2623677 3127540 2436925 11405601 7340163 4065438 152 79 50 77 358 279 584 374 1237 11407196 1545583 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16086 7456 8630 26609 20922 5687 25387 10513 14874 29191 DEFERRED RENT 5864 5864 X 2920461 0 2920461 0 2920461 2907929 0 2907929 0 2907929 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND EXEMPT FROM STATE INCOME TAXES UNDER THE LAWS OF THE STATE OF MISSOURI. THE ORGANIZATION HAS ADOPTED THE STANDARDS REQUIRING DISCLOSURE OF UNCERTAIN TAX POSITIONS UNDER ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, "INCOME TAXES." THERE HAS NOT BEEN ANY INTEREST OR PENALTIES RECOGNIZED EITHER IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS OR IN THE STATEMENTS OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, THE ORGANIZATION DID NOT IDENTIFY ANY MATERIAL UNCERTAIN TAX POSITIONS AT JUNE 30, 2020. FORM 990, PART VI, SECTION B, LINE 11B UPON REQUEST FORM 990, PART VI, SECTION B, LINE 12C KCTR ENFORCES COMPLIANCE OF THE CONFLICT OF INTEREST POLICY BY HAVING ALL EMPLOYEES AND BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST FOR THEM AND THEIR FAMILIES, ALONG WITH EMBEDDING THE POLICY IN THE EMPLOYEE HANDBOOK WHERE IT IS SIGNED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BASED ON A THOROUGH COMPENSATION STUDY DONE BY AN EXTERNAL CONSULTANT. THE BOARD AND EXECUTIVE DIRECTOR THEN DETERMINE A COMPENSATION PHILOSOPHY TO ENABLE KCTR TO ATTRACT HIGH QUALITY TALENT TO HELP THEM REACH THE GOALS THAT HAVE BEEN SET BY THE ORGANIZATION AND THAT CONTRIBUTE TO THE MISSION OF THE ORGANIZATION. USING THOSE TWO PIECES OF INFORMATION, THE EXECUTIVE DIRECTOR RECOMMENDS CURRENT SALARIES AND THE BOARD APPROVES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORN 990, PART X THE ORGANIZATION ADOPTED FASB ISSUED ASU 2014-09, REVENUE FROM CONTRACTS WITH CUSTOMERS (TOPIC 606) AND ASU 2018-08, NOT-FOR-PROFIT ENTITIES (TOPIC 958): CLARIFYING THE SCOPE AND THE ACCOUNTING GUIDANCE FOR CONTRIBUTIONS RECEIVED AND CONTRIBUTIONS MADE, TOGETHER AS OF JULY 1, 2019 BECAUSE BOTH ESTABLISH STANDARDS FOR CHARACTERIZING SUPPORT AND REVENUE AS EITHER EXCHANGE TRANSACTIONS OR CONTRIBUTIONS. ADOPTING ONE ASU WITHOUT THE OTHER WOULD LEAVE THE ACCOUNTING FROM SOME ONGOING GRANTS AND CONTRACTS UNRESOLVED. THE ADOPTION OF THESE STANDARDS DID NOT HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ASU 2014-09 WAS APPLIED USING THE MODIFIED RETROSPECTIVE APPROACH ON JULY 1, 2019. ASU 2018-08 WAS APPLIED TO TRANSACTIONS THAT WERE NOT COMPLETE OR HAD OTHERWISE ALREADY BEEN RECOGNIZED AS OF JULY 1, 2019. CERTAIN CHANGES FROM ADOPTING THESE NEW STANDARDS RESULTED IN CHANGES TO TERMINOLOGY WHICH IMPACTED CERTAIN DISCLOSURES.