2019-05-10T07:15:23-05:00 2018-06-30 420714325 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2017-07-01 270989006 URBAN TEACHER CENTER INC URBA 4106626600 1800 WASHINGTON BLVD NO 411 BALTIMORE MD 21230 FRANK BONANNO CFO 4106626600 2019-05-04 1 JULIA FLANNERY CPA P00928918 4102469301 66.98.98.9 2019-05-04 07:05:43 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 4EE6A31F760B3C5EA0809148B0E883CC4242B14C 2017 2019-02-21 02:37:17Z URBAN TEACHERS PETER SHULMAN 1800 WASHINGTON BLVD NO 411 BALTIMORE MD 21230 20868047 0 X WWW.URBANTEACHERS.ORG X 2009 MD TO PREPARE HIGHLY EFFECTIVE TEACHERS WHO SIGNIFICANTLY ACCELERATE STUDENT ACHIEVEMENT IN THE NATION'S HIGHEST NEED SCHOOLS. 10 10 64 10 0 0 8006846 7879722 7289715 12988325 0 0 0 0 15296561 20868047 0 0 0 0 4756801 5852956 0 0 541595 10611808 14089632 15368609 19942588 -72048 925459 4690710 6948833 945975 2278639 3744735 4670194 URBAN TEACHER CENTER'S MISSION IS TO PREPARE HIGHLY EFFECTIVE TEACHERS WHO SIGNIFICANTLY ACCELERATE STUDENT ACHIEVEMENT IN THE NATIONS' HIGHEST NEED SCHOOLS. 0 0 13068362 10696644 URBAN TEACHERS PREPARED 555 PARTICIPANTS IN THE FOLLOWING FOUR COHORTS; RESIDENTS - 266, YEAR 1 FELLOWS - 159, YEAR 2 FELLOWS - 65, AND YEAR 3 FELLOWS - 65. URBAN TEACHERS SUCCESSFULLY IMPLEMENTED ITS PROGRAM IN 142 PUBLIC AND CHARTER SCHOOLS THROUGHOUT BALTIMORE, DC, AND DALLAS FORT WORTH. 1482872 1188516 DESIGNED, DEVELOPED, AND EVALUATED THE CURRICULUM AND PROFESSIONAL DEVELOPMENT FOR THE ORGANIZATION'S TEACHER PREPARATION PROGRAM. THE CURRICULUM IS USED TO DELIVER A MASTER OF SCIENCE IN EDUCATION TO EACH PROGRAM PARTICIPANT. THE OVERALL SEQUENCE OF EVALUATION AND THE ADDITION OF INDEPENDENT OBSERVATIONS, ALONG WITH QUARTERLY REVIEWS HAS PROVEN SUCCESSFUL IN HONING THE QUALITY OF URBAN TEACHERS' PREPARATION PROGRAM. 1367649 1103165 RECRUITED 266 NEW RESIDENTS FOR COHORT YEAR 2017, A 29% INCREASE IN INCOMING PROGRAM PARTICIPANTS. EFFORTS TO INCREASE DIVERSITY PROVED SUCCESSFUL AS WELL WITH 58% OF COHORT 2017 REPRESENTED PEOPLE OF COLOR. 15918883 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 394 0 1 64 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X FRANK BONANNO 4106626600 1800 WASHINGTON BLVD NO 411 BALTIMORE MD 21230 SEKOU BIDDLE TRUSTEE 1.00 X 0 0 0 GARY GEISEL TRUSTEE 1.00 X 0 0 0 DIANNE HOUGHTON TRUSTEE 1.00 X 0 0 0 JAMES PICKMAN TRUSTEE 1.00 X 0 0 0 DAVID STEINER TRUSTEE 1.00 X 0 0 0 VINCE TALBER TRUSTEE 1.00 X 0 0 0 ADRIENNE WILLIAMS TRUSTEE 1.00 X 0 0 0 SHEILA BROWN TRUSTEE 1.00 X 0 0 0 MICAH SAGEBIEL TRUSTEE 1.00 X 0 0 0 SHAYN SPULTON TRUSTEE 1.00 X 0 0 0 JENNIFER GREEN CHIEF EXEC. OFFICER (END 5/31/18) 40.00 X 192740 0 337 DREW DEUTSCH CHIEF OPERATING OFFICER 40.00 X 257538 0 6591 FRANK BONANNO CHIEF FINANCIAL OFFICER 40.00 X 169433 0 2438 ANNETTE O'BOYCE CHIEF ACADEMIC OFFICER 40.00 X 170856 0 15361 KERRY SWARR CHIEF GROWTH OFFICER 40.00 X 134690 0 21581 PETER SHULMAN CHIEF EXEC. OFFICER (START 4/30/18) 40.00 X 0 0 0 ROXANNE WHITE EXEC. DIR. OF CURRICULUM AND PD 40.00 X 116292 0 12557 JACQUELINE GREER CHIEF PROGRAM OFFICER 40.00 X 116291 0 6622 KIRSTEN MACKLER EXECUTIVE DIRECTOR OF P&E 40.00 X 116292 0 9830 CHARELLE JAMES BALT. EXECUTIVE DIRECTOR 40.00 X 122788 0 18871 EMILY NOLEN DALLAS EXECUTIVE DIRECTOR 40.00 X 107343 0 9919 1504263 0 104107 12 0 1 0 0 190838 7688884 7879722 TUITION 611110 7994498 7994498 TEACHER TRAINING PROGR 611710 4467509 4467509 SUMMER PROGRAM 611710 408324 408324 RESIDENT TERMINATION F 611710 117994 117994 12988325 20868047 12988325 0 0 925728 370291 555437 4225692 3073646 1005046 147000 70372 8701 61671 221536 159537 60600 1399 409628 271204 126104 12320 54365 13950 40415 25613 25613 1567427 518762 693925 354740 320494 226980 90343 3171 383430 274307 97060 12063 381873 43136 334117 4620 921067 789327 131740 452871 383218 66167 3486 26470 22738 3432 300 107665 107665 58915 58915 9018 483 8535 PREP AND PROGRAM DELIVE 5404880 5404427 453 PARTICIPANT EXPENSES 4299004 4297466 1538 PROFESSIONAL DEVELOPMEN 56752 41104 13152 2496 CURRICULUM DEVELOPMENT 19606 19606 182 182 19942588 15918883 3482110 541595 385622 1071586 941 915 3578540 4794804 255375 490187 138557 133746 84440 171555 428312 142272 247235 286040 4690710 6948833 899475 1204994 46500 76634 997011 945975 2278639 X 887447 864505 2857288 3805689 3744735 4670194 4690710 6948833 925459 0 X 0 1 X 1 0 X 428312 142272 286040 286040 X 20868047 0 20868047 0 20868047 19942588 0 19942588 0 19942588 PART X, LINE 2: URBAN TEACHERS FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, URBAN TEACHERS MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED URBAN TEACHERS' TAX POSITIONS AND HAS CONCLUDED THAT URBAN TEACHERS HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. URBAN TEACHERS IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2015. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN THE WASHINGTON POST ANNUALLY. X X X 0 0 0 0 0 0 0 0 0 JENNIFER GREEN CHIEF EXEC. OFFICER (END 5/31/18) 192740 0 0 0 0 0 0 0 337 0 193077 0 0 0 DREW DEUTSCH CHIEF OPERATING OFFICER 237538 0 20000 0 0 0 6254 0 337 0 264129 0 0 0 FRANK BONANNO CHIEF FINANCIAL OFFICER 149433 0 20000 0 0 0 2101 0 337 0 171871 0 0 0 ANNETTE O'BOYCE CHIEF ACADEMIC OFFICER 150856 0 20000 0 0 0 6083 0 9278 0 186217 0 0 0 KERRY SWARR CHIEF GROWTH OFFICER 134690 0 0 0 0 0 5218 0 16363 0 156271 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT 990 IS DISTRIBUTED TO THE BOARD MEMBERS FOR REVIEW BEFORE THE RETURN IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, AND MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS MUST FOLLOW THE CONFLICT OF INTEREST POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. ALL EMPLOYEES MUST COMPLETE A CONFLICT OF INTEREST STATEMENT UPON HIRE AND UPDATE THE STATEMENT AT LEAST ONCE A YEAR. EMPLOYEES MUST IMMEDIATELY NOTIFY THE URBAN TEACHERS CHIEF EXECUTIVE OFFICER OF ANY MATTERS THAT MAY RESULT IN REAL OR APPARENT CONFLICTS OF INTEREST BY SUBMITTING A CONFLICT OF INTEREST STATEMENT TO THEIR SUPERVISOR. FORM 990, PART VI, SECTION B, LINE 15 WHEN THE EXECUTIVE DIRECTOR WAS INITIALLY HIRED, THE ORGANIZATION PREPARED A COMPARISON OF NON-PROFIT EXECUTIVE DIRECTOR COMPENSATION RATES REGIONALLY AND AT EDUCATION NON-PROFITS NATIONALLY. ADDITIONALLY, THE COMPENSATION WAS REVIEWED BY THE ORGANIZATION'S INITIAL VENTURE FUNDERS BEFORE THEY MADE AN INVESTMENT IN UTC. ON AN ANNUAL BASIS THE BOARD REVIEWS AND DOCUMENTS THE EXECUTIVE DIRECTOR'S PERFORMANCE AND MAKES ADJUSTMENTS TO THE OFFICER'S COMPENSATION FOR BOTH PERFORMANCE AND COST OF LIVING REASONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).