2016-02-04T08:19:38-06:00 2015-09-30 271728945 O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 10528 990 2014-10-01 133850158 THE NEW TEACHER PROJECT INC NEWT 7182332800 186 JORALEMON STREET NO 300 BROOKLYN NY 11201 LARA OERTER CHIEF FINANCIAL OFFICER 7182332800 2016-01-21 GARRETT M HIGGINS P00543209 9143818900 2016-01-21 2014 2016-04-25 22:37:26Z TNTP DANIEL WEISBERG 186 JORALEMON STREET NO 300 BROOKLYN NY 11201 58183611 0 X WWW.TNTP.ORG X 1995 DE TNTP'S MISSION IS TO END THE INJUSTICE OF EDUCATIONAL INEQUALITY - SEE PART III. 9 8 1459 9 0 0 21264333 20191540 36322442 36910457 85556 90456 187366 8720 57859697 57201173 131797 108269 0 0 42062066 49122692 0 0 605867 13321857 14148253 55515720 63379214 2343977 -6178041 35264991 29562956 6448553 6967821 28816438 22595135 TNTP'S MISSION IS TO END THE INJUSTICE OF EDUCATIONAL INEQUALITY BY PROVIDING EXCELLENT TEACHERS TO THE STUDENTS WHO NEED THEM MOST AND BY ADVANCING POLICIES AND PRACTICES THAT ENSURE EFFECTIVE TEACHING IN EVERY CLASSROOM. 0 0 27415644 20330832 TEACHING FELLOWS PROGRAM, TNTP ACADEMYTNTP PARTNERS WITH SCHOOL DISTRICTS AND STATES TO ESTABLISH INNOVATIVE PROGRAMS THAT RECRUIT, SELECT AND TRAIN TEACHERS. SEE SCHEDULE O FOR FURTHER DETAIL ON TNTP'S FISCAL YEAR 2015 PROGRAM SERVICE ACCOMPLISHMENTS. 22519353 15873811 PERFORMANCE MANAGEMENTIN PERFORMANCE MANAGEMENT, WE WORK WITH SCHOOL DISTRICTS, CHARTER MANAGEMENT ORGANIZATIONS AND STATE DEPARTMENTS OF EDUCATION TO IMPROVE TEACHER PERFORMANCE AS A MEANS OF INCREASING STUDENT ACHIEVEMENT. WE FOCUS ON STRATEGIC TEACHER HIRING, REMOVAL OF PERSISTENTLY INEFFECTIVE TEACHERS AND EQUITABLE ACCESS AMONG HIGH-NEED STUDENTS TO EFFECTIVE TEACHERS. SEE SCHEDULE O FOR FURTHER DETAIL ON TNTP'S FISCAL YEAR 2015 PROGRAM SERVICE ACCOMPLISHMENTS. 2837527 108269 705814 POLICY, RESEARCH AND ADVOCACYTNTP IS HELPING SCHOOLS, DISTRICTS, AND STATES UNDERSTAND HOW TEACHERS ARE PERFORMING AND WHAT THEY NEED TO DO TO GET BETTER. WE DO THIS IN PART BY CONDUCTING TARGETED RESEARCH TO IDENTIFY THE OBSTACLES THAT SCHOOL SYSTEMS FACE IN HIRING THE BEST TEACHERS POSSIBLE AND QUANTIFY THE IMPACT OF THESE OBSTACLES IN SCHOOLS, STUDENTS, AND TEACHERS. SEE SCHEDULE O FOR FURTHER DETAIL ON TNTP'S FISCAL YEAR 2015 PROGRAM SERVICE ACCOMPLISHMENTS. 46926 46926 52819450 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 66 0 1459 1 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR CA CO CT DC FL IL IN MI MO NV NJ NY OH OK TX WA MA TN X X LEAH HOLCZER 7182332800 186 JORALEMON STREET BROOKLYN NY 11201 DR C KENT MCGUIRE DIRECTOR/BOARD CHAIR 1.00 X X 0 0 0 DANIEL WEISBERG CEO (FROM JUNE 1, 2015) 50.00 X X 234961 0 40457 ARIELA ROZMAN CEO (THROUGH MAY 31, 2015) 50.00 X X 278612 0 29189 CHRIS BIERLY DIRECTOR 1.00 X 0 0 0 MATT GLICKMAN DIRECTOR 1.00 X 0 0 0 KATI HAYCOCK DIRECTOR 1.00 X 0 0 0 MICHAEL HAYES DIRECTOR 1.00 X 0 0 0 FREDERICK M O'SUCH DIRECTOR 1.00 X 0 0 0 PAUL G PASTOREK DIRECTOR 1.00 X 0 0 0 DR P URI TREISMAN DIRECTOR 1.00 X 0 0 0 KAROLYN BELCHER PRESIDENT (FROM JUNE 1, 2015) 50.00 X 242983 0 18950 TIMOTHY DALY PRESIDENT (THROUGH 5/31/2015) 50.00 X 261562 0 22051 LARA OERTER CFO AND EVP, OPERATIONS 50.00 X 241376 0 10280 LAYLA AVILA CHIEF OF STAFF AND EVP, STRATEGIC PROJECTS 50.00 X 219504 0 33614 AMANDA KOCON EVP OF STRATEGY AND EMERGING MARKETS 50.00 X 190584 0 33833 ANNE HARRIS EVP, TALENT AND CULTURE (FROM JUNE 1, 2015) 50.00 X 0 0 0 VICTORIA VAN CLEEF VP, CLIENT SERVICES 50.00 X 202418 0 14918 KATHERINE SOBOL PARTNER, CLIENT SERVICES 50.00 X 245079 0 12343 DAVID KEELING VP, COMMUNICATIONS 50.00 X 206826 0 23890 ANA MENEZES VP, CLIENT SERVICES 50.00 X 186288 0 16505 DIANE KEANE VP, FINANCE 50.00 X 185637 0 16252 2695830 0 272282 82 0 1 0 LEARNING POINT ASSOCIATES 1120 EAST DEIHL ROAD SUITE 200 NAPERVILL IL 60563 EDUCATIONAL RESEARCH 385688 UNCOMMON SCHOOLS INC 410 FEURA BUSH ROAD GLENMONT NY 12077 EDUCATIONAL TRAINING 287400 CRICKET DESIGN WORKS 1925 MONROE STREET MADISON WI 53711 COMMUNICATIONS 201316 NIGEL FRANK INTERNATIONAL 110 WILLIAM STREET NEW YORK NY 10003 TECHNOLOGY CONSULTING 176260 SALFORD SOFTWARE 1728 QUARRY ROAD HARLEYSVILLE PA 19438 TECHNOLOGY CONSULTING 149309 12 510000 8037012 11644528 20191540 NEW TEACHER EFFECTIVENESS 900099 20330832 20330832 PERFORMANCE MANAGEMENT 900099 15873811 15873811 POLICY, RESEARCH & ADVOCACY 900099 705814 705814 36910457 86463 86463 986281 150 982438 0 3843 150 3993 3993 OTHER INCOME 900099 8720 0 8720 8720 57201173 36910457 0 99176 108269 108269 1938609 1174873 763736 39035322 33513349 5143811 378162 1245657 1052338 177921 15398 3716038 3091752 583372 40914 3187066 2703363 455647 28056 108570 55252 53318 74910 74910 3076655 2536940 534180 5535 576540 531648 44892 1283332 1072416 203950 6966 588011 513751 63588 10672 614402 62652 546708 5042 4291585 3698636 496589 96360 1160415 906818 236975 16622 1164634 918429 246205 207877 207877 OTHER EXPENSES 439440 336391 101008 2041 TEACHER STIPENDS 245500 245500 BAD DEBT EXPENSE 159533 152693 6840 0 PUBLICATIONS 156849 144380 12370 99 63379214 52819450 9953897 605867 230882 788887 7176420 6419342 10447252 1759078 6607428 9680009 239116 527206 7823356 5677365 2451694 2145991 7937335 8017857 174864 224586 35264991 29562956 5473090 6599346 724843 104559 250620 263916 6448553 6967821 X 17082543 17086732 11733895 5508403 28816438 22595135 35264991 29562956 -6178041 -43262 0 X 0 1 X 1 1 1 X 13743786 33966936 18165216 21264333 20191540 107331811 13743786 33966936 18165216 21264333 20191540 107331811 35748702 71583109 17512 109073 41338 77974 86463 332360 12686 187366 8720 208772 107872943 160949207 0.66360 0.57980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2010 AMOUNT: $ 12,686. 2013 AMOUNT: $ 187,366. 2014 AMOUNT: $ 8,720. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 355810 192248 163562 338703 275226 63477 7128843 5209891 1918952 2145991 DEFERRED RENT 263916 263916 X 57269103 -43262 111192 67930 57201173 0 57201173 63490406 111192 111192 63379214 0 63379214 PART X, LINE 2: TNTP RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT TNTP HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. TNTP IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO SEPTEMBER 30, 2012. 1 FISHMAN PRIZE AWARD 10 108269 PART I, LINE 2: DESCRIPTION OF HOW THE ORGANIZATION MONITORS FUNDS: THE FISHMAN PRIZE OFFERS UP TO FIVE TEACHERS PER YEAR A MONETARY AWARD OF $25,000, PLUS THE OPPORTUNITY TO PARTICIPATE IN AN INTENSE 6 WEEK RESIDENCY PROGRAM WITH TNTP. WINNERS SPEND THE SUMMER RESIDENCY ENGAGING IN VARIOUS ASPECTS OF TNTP'S WORK, MEETING AND DISCUSSING SCHOOL REFORM WITH POLICYMAKERS AND EDUCATION LEADERS, AND COLLABORATING WITH EACH OTHER AND WITH TNTP STAFF TO WRITE AND PUBLISH A SHORT PAPER ON A TOPIC RELATED TO EFFECTIVE TEACHING. IN ADDITION TO THE CASH AWARD, TNTP REIMBURSES AWARD RECIPIENTS FOR EXPENSES INCURRED WHILE PERFORMING FISHMAN PRIZE WORK. FISHMAN PRIZE FINALISTS RECEIVE A MONETARY AWARD OF $1,000. IN FISCAL YEAR 2015, THERE WERE FOUR FISHMAN PRIZE WINNERS AND SIX FINALISTS. X X X X X 0 0 0 0 0 0 0 1 0 DANIEL WEISBERG CEO (FROM JUNE 1, 2015) 202661 0 32300 0 0 0 8750 0 31707 0 275418 0 0 0 ARIELA ROZMAN CEO (THROUGH MAY 31, 2015) 241412 0 37200 0 0 0 8750 0 20439 0 307801 0 0 0 KAROLYN BELCHER PRESIDENT (FROM JUNE 1, 2015) 211483 0 31500 0 0 0 8500 0 10450 0 261933 0 0 0 TIMOTHY DALY PRESIDENT (THROUGH 5/31/2015) 227462 0 34100 0 0 0 8750 0 13301 0 283613 0 0 0 LARA OERTER CFO AND EVP, OPERATIONS 208076 0 33300 0 0 0 8750 0 1530 0 251656 0 0 0 LAYLA AVILA CHIEF OF STAFF AND EVP, STRATEGIC PR 196004 0 23500 0 0 0 8750 0 24864 0 253118 0 0 0 AMANDA KOCON EVP OF STRATEGY AND EMERGING MARKETS 159584 0 31000 0 0 0 8750 0 25083 0 224417 0 0 0 VICTORIA VAN CLEEF VP, CLIENT SERVICES 173918 0 28500 0 0 0 8750 0 6168 0 217336 0 0 0 KATHERINE SOBOL PARTNER, CLIENT SERVICES 212079 0 33000 0 0 0 1953 0 10390 0 257422 0 0 0 DAVID KEELING VP, COMMUNICATIONS 170426 0 36400 0 0 0 521 0 23369 0 230716 0 0 0 ANA MENEZES VP, CLIENT SERVICES 148888 0 37400 0 0 0 8750 0 7755 0 202793 0 0 0 DIANE KEANE VP, FINANCE 147937 0 37700 0 0 0 10327 0 5925 0 201889 0 0 0 PART I, LINE 7 AT TNTP, BONUSES ARE CONTINGENT UPON THE FISCAL HEALTH OF THE ORGANIZATION, AN INDIVIDUAL'S AND RELEVANT CONTRACTS/TEAMS PERFORMANCE, AND AT THE SOLE DISCRETION OF THE CEO, WITH INPUT FROM THE EXECUTIVE TEAM. WHILE BONUSES ARE NEVER GUARANTEED, ALL SALARIED, PART/FULL TIME STAFF ARE ELIGIBLE TO BE CONSIDERED FOR A PERFORMANCE BASED BONUS, PROVIDED THEY HAVE BEEN EMPLOYED BY TNTP FOR AT LEAST SIX MONTHS PRIOR TO THE END OF THE FISCAL YEAR. ADDITIONALLY, THE STAFF MEMBER MUST BE WORKING FOR TNTP AT THE TIME OF THE BONUS AWARD. PART III, LINE 4A, 4B, 4C, 4D FY15 HIGHLIGHTS IN FY15, TNTP WAS ACTIVE IN 30 CITIES, PARTNERING WITH SCHOOLS, DISTRICTS AND STATE DEPARTMENTS OF EDUCATION ON THEIR MOST PRESSING STUDENT ACHIEVEMENT CHALLENGES. WE PRODUCED 1,679 NEW TEACHERS THROUGH OUR 11 TEACHING FELLOWS PROGRAMS, PREPARED 864 NEW TEACHERS (INCLUDING NON-FELLOWS) THROUGH OUR 10 TNTP ACADEMY PROGRAMS, AND ADAPTED OUR TEACHER TRAINING AND RECRUITMENT WORK TO ADDRESS SERIOUS TEACHER SHORTAGES. IN ADDITION TO OUR CORE SUPPORT FOR EFFECTIVE TEACHER HIRING AND EVALUATION, WE ALSO DEEPENED OUR EXPERTISE IN ACADEMICS BY EXPANDING OUR COMMON CORE QUALITY REVIEW, AND SCALED UP BOTH OUR PRINCIPAL TRAINING AND SURVEY OF SCHOOL CULTURE. IN ADDITION, WE PRODUCED A SIGNATURE REPORT ON PROFESSIONAL DEVELOPMENT THAT HAS BEEN DOWNLOADED 10,000 TIMES SINCE LAUNCH, A RECORD FOR TNTP PUBLICATIONS. FY15 RESULTS TEACHER RECRUITMENT AND TRAINING WE HELP SCHOOL DISTRICTS AND STATES RECRUIT, SELECT, AND TRAIN EXCELLENT NEW TEACHERS FOR HIGH-NEED CLASSROOMS. THIS YEAR, OUR TEACHING FELLOWS PROGRAMS DREW MORE THAN 15,000 APPLICANTS. TNTP ACADEMY, OUR RIGOROUS, HANDS-ON PREPARATION PROGRAM, HOLDS A HIGH BAR FOR PASSING SUMMER TRAINING AND EARNING CERTIFICATION. DATA SHOWS THAT WE SCREEN TEACHERS WELL-IN 2015, 82 PERCENT OF PARTICIPANTS COMPLETED ALL REQUIREMENTS TO BEGIN TEACHING, 8 PERCENT OF STRUGGLING PARTICIPANTS DID NOT MAKE IT INTO A CLASSROOM, AND 9 PERCENT SELF-SELECTED OUT OF TEACHING. IN FALL OF 2015, 1,679 NEW TEACHERS COMPLETED OUR TEACHING FELLOWS PROGRAMS AND BEGAN TEACHING. WE ALSO CONTINUED TO EVALUATE NEW TEACHERS WITH OUR ASSESSMENT OF CLASSROOM EXCELLENCE (ACE) SCREEN. ACE EVALUATES TEACHERS DURING THEIR FIRST YEAR OF TEACHING BASED ON MULTIPLE MEASURES AND DETERMINES WHETHER THEY SHOULD BE RECOMMENDED FOR LICENSURE. IN 2015, WE INCREASED FOCUS ON RIGOROUS CONTENT AND INCORPORATED PERFORMANCE AGAINST THE TNTP CORE TEACHING RUBRIC, WHICH DESCRIBES EXCELLENT INSTRUCTION ALIGNED TO THE COMMON CORE. IN ITS FOURTH YEAR, WE EVALUATED 917 TEACHERS WITH ACE AND RECOMMENDED 79 PERCENT OF THEM FOR CERTIFICATION; ANOTHER 10 PERCENT WERE GIVEN A YEAR EXTENSION. TNTP IS THE FIRST PREPARATION PROVIDER IN THE COUNTRY TO SCREEN TEACHERS FOR DEMONSTRATED EFFECTIVENESS AT THIS SCALE. WE ALSO ADAPTED OUR TEACHER TRAINING AND RECRUITMENT WORK TO ADDRESS SERIOUS TEACHER SHORTAGES. IN MANY PARTS OF THE COUNTRY, TRADITIONAL TEACHER PIPELINES ARE DWINDLING, AND DISTRICTS ARE SCRAMBLING TO FILL VACANCIES BEFORE THE START OF SCHOOL. THIS YEAR, WE PARTNERED WITH FIVE DISTRICTS TO ANALYZE THE ROOT CAUSES OF THEIR TEACHER SUPPLY ISSUES, MAP OUT THEIR LONG-TERM NEEDS AND CRAFT A HOLISTIC STRATEGY TO MEET THOSE NEEDS. WE ALSO EXPLORED NEW APPROACHES TO MAKE RECRUITMENT AND TRAINING MORE FLEXIBLE-AND MORE SUSTAINABLE-THAN EVER BEFORE. WE PROVIDED DISTRICT-WIDE TRAINING TO NEW TEACHERS IN SITES LIKE PINELLAS COUNTY, FL, AND DESIGNED NEW WAYS TO DELIVER TEACHER TRAINING CONTENT ONLINE. SCHOOL LEADERSHIP AND CULTURE IN 2015, WE LAUNCHED SAN FRANCISCO PLUS, TNTP'S THIRD SCHOOL LEADER RECRUITMENT AND PREPARATION PROGRAM. TO DATE ACROSS ALL THREE PROGRAMS (SAN FRANCISCO PLUS, CAMDENPLUS AND PHILLYPLUS) WE HAVE PLACED 21 RESIDENTS IN SCHOOL-BASED LEADERSHIP POSITIONS AND BUILT A COHORT MODEL TO CAPITALIZE ON THE BEST PRACTICES ACROSS SCHOOL TYPES AND ADDRESS PROBLEMS TOGETHER THAT ILLUSTRATE THE COMMON ASPECTS OF EFFECTIVE LEADERSHIP. ALREADY, WE ARE SEEING THAT OUR PLUS LEADERS ARE HOLDING A HIGH BAR FOR STAFFING DECISIONS THAT WILL SUPPORT EXCELLENT INSTRUCTION. DURING THE 2014-15 SCHOOL YEAR, PLUS LEADERS IN CAMDEN AND PHILADELPHIA RETAINED 100 PERCENT OF THEIR BEST TEACHERS AND COUNSELED OUT THE MAJORITY OF LOW-PERFORMING TEACHERS (83 PERCENT IN PHILADELPHIA AND 63 PERCENT IN CAMDEN). WE'RE HELPING INDIVIDUAL SCHOOL LEADERS MAKE MORE INFORMED DECISIONS ABOUT TEACHERS AND CREATE STRONG TEACHING TEAMS. IN 2015, WE CONTINUED TO HELP OUR TARGET PARTNER DISTRICTS RETAIN MORE EFFECTIVE TEACHERS FOR A SECOND YEAR IN OUR TARGET DISTRICTS. IN SHELBY COUNTY, WE SAW MORE PRINCIPALS DISMISSING LOW PERFORMERS THIS YEAR (82 PERCENT) COMPARED TO LAST YEAR (66 PERCENT). THE DISTRICT ALSO RETAINED 91 PERCENT OF ITS HIGHEST PERFORMING TEACHERS, COMPARED TO 90 PERCENT LAST YEAR. WE ALSO OFFER SCHOOLS INVALUABLE INSIGHT INTO THEIR INSTRUCTIONAL CULTURE WITH OUR VALIDATED TEACHER SURVEY TOOL, INSIGHT. AFTER ANALYZING THE RESULTS OF THE SURVEY, WE PROVIDE SCHOOLS WITH A ROADMAP OF CLEAR ACTION ITEMS TO IMPROVE THEIR TALENT MANAGEMENT APPROACH AND RETENTION EFFORTS. IN FY15, WE PROVIDED THIS SERVICE TO 1,300 SCHOOLS (A 44 PERCENT INCREASE OVER LAST YEAR'S NUMBER OF SCHOOLS). DISTRICT AND STATE SYSTEMS A CRITICAL PART OF OUR WORK INCLUDES HELPING STATES BUILD, PILOT AND IMPLEMENT RIGOROUS, FAIR AND ACCURATE EVALUATION AND DEVELOPMENT SYSTEMS CENTERED ON HOW EDUCATORS ARE PERFORMING IN THEIR MOST CRITICAL ROLE: ADVANCING STUDENT LEARNING. OUR STATE-LEVEL PARTNERS HAVE INCLUDED LOUISIANA, INDIANA, ILLINOIS, RHODE ISLAND AND TENNESSEE AS WELL AS NUMEROUS DISTRICTS. IN SIX OF OUR PARTNER DISTRICTS ACROSS SIX STATES, WE DESIGNED OR HELPED OUR DISTRICT PARTNERS IMPLEMENT RIGOROUS EVALUATION SYSTEMS. FOR EXAMPLE, IN NEW YORK CITY, WE SUPPORTED THE FINAL STAGES OF IMPLEMENTATION OF STUDENT GROWTH MEASURES AS A PART OF THE DISTRICT'S EVALUATION SYSTEM FOR 80,000 TEACHERS, ENCOURAGING THE USE OF DATA-DRIVEN INSTRUCTION IN THE CLASSROOM. WE HELP SCHOOL DISTRICTS IMPROVE THE FLOW OF QUALIFIED TEACHERS INTO THEIR LOWEST-PERFORMING SCHOOLS, ENSURING THAT THESE SCHOOLS, OFTEN IN THE POOREST NEIGHBORHOODS, OPEN FULLY STAFFED. FOR EXAMPLE, THIS YEAR IN THE HOUSTON INDEPENDENT SCHOOL DISTRICT, WHERE WE SUPPORTED THE DISTRICT IN ITS EFFORTS TO STRENGTHEN ITS RECRUITMENT AND STAFFING PRACTICES TO ATTRACT TOP TALENT, THE DISTRICT TOOK FULL OWNERSHIP OF ITS EARLY HIRING EFFORTS, AND 97 PERCENT OF TEACHING POSITIONS WERE STAFFED BY JULY 1. WE ALSO CONTINUED TO BUILD OUT OUR COMMON CORE QUALITY REVIEW, OUR DIAGNOSTIC DESIGNED TO IDENTIFY BARRIERS TO STANDARDS IMPLEMENTATION AND STUDENT SUCCESS. WE NOW HAVE A ROBUST DATASET FROM MORE THAN 1,200 CLASSROOMS THAT INCLUDES 3,700 SAMPLES OF STUDENT WORK, REVEALING A WIDESPREAD LACK OF ACADEMIC RIGOR IN CLASSROOMS ACROSS THE COUNTRY. WE BUILT ON THIS DIAGNOSTIC TO WORK WITH OUR CLIENTS TO IMPROVE THE RIGOR OF STUDENT ASSIGNMENTS. SPECIFICALLY IN ALGIERS, LOUISIANA, AND DUVAL COUNTY, FLORIDA, WE HELPED OUR CLIENTS ADOPT NEW LITERACY CURRICULA THAT IS MORE ALIGNED TO THE STANDARDS AND DEMANDS MORE OF STUDENTS ACROSS THE CHARTER SCHOOL NETWORK AND DISTRICT, RESPECTIVELY. POLICY, RESEARCH AND ADVOCACY AS WE WORK ALONGSIDE EDUCATORS AROUND THE COUNTRY, WE IDENTIFY COMMON CHALLENGES AND PUBLISH PROMISING SOLUTIONS. IN 2015, WE PUBLISHED THE MIRAGE: CONFRONTING THE HARD TRUTH ABOUT OUR QUEST FOR TEACHER DEVELOPMENT, OUR LATEST MAJOR ORIGINAL RESEARCH REPORT. THE MIRAGE CHALLENGES CONVENTIONAL WISDOM ON TEACHER DEVELOPMENT AND ASKS WHAT IT WILL TAKE TO HELP TEACHERS IMPROVE AT SCALE. IN THE THREE MONTHS SINCE LAUNCH, THE MIRAGE HAS SEEN 10,000 DOWNLOADS AND NEWS COVERAGE IN THE WALL STREET JOURNAL, BOSTON GLOBE AND WASHINGTON POST. AS WITH PAST PUBLICATIONS, WE EXPECT FINDINGS FROM THE MIRAGE TO SHAPE OUR OWN APPROACH TO TEACHER DEVELOPMENT; WE'RE INVESTING IN DEVELOPING A NEW SERVICE TO MEASURE WHAT REALLY HELPS TEACHERS IMPROVE SO WE CAN HELP OUR DISTRICT PARTNERS DO THE SAME. THE REACH AND DIVERSITY OF OUR PUBLICATIONS CONTINUES TO GROW. IN 2013, WE LAUNCHED A BLOG THAT RUNS TWO POSTS PER WEEK. THIS YEAR, OUR BLOG SUBSCRIBER LIST GREW TO 5,000 RECIPIENTS, MORE THAN DOUBLED SINCE 2014. IN 2015, MANY OF OUR POSTS-PARTICULARLY THOSE FOCUSED ON TEACHER DEVELOPMENT, INNOVATIONS IN THE TEACHING PROFESSION (SUCH AS BLENDED LEARNING AND REDESIGNED TEACHER ROLES), AND ISSUES OF RACIAL AND SOCIAL INEQUALITY AFFECTING THE COMMUNITIES WE SERVE-HAVE CIRCULATED WIDELY ONLINE. IN 2015, WE ALSO FORMED TNTP'S EDUCATOR EDITORIAL BOARD, GIVING WINNERS OF TNTP'S FISHMAN PRIZE-OUR ANNUAL AWARD THAT RECOGNIZES AND PUBLICIZES EXCELLENT TEACHERS WITH A $25,000 AWARD AND PARTICIPATION IN A SUMMER RESIDENCY PROGRAM-MORE OPPORTUNITIES TO AUTHOR POSTS AND SHAPE EDITORIAL DECISIONS ON THE TNTP BLOG. EDUCATOR EDITORIAL BOARD MEMBERS ALSO PROVIDE FEEDBACK ON TNTP'S REPORTS; THIS YEAR, THEY SHARED EARLY REACTIONS TO THE MIRAGE AND HELPED US CONSIDER HOW TO ENSURE THE PAPER WOULD RESONATE WITH TEACHER AUDIENCES. WITH GREATER TEACHER INPUT INTO OUR PUBLICATIONS, WE'VE SEEN OUR REACH TO TEACHERS CONTINUE TO GROW: TODAY, THEY ARE THE SINGLE LARGEST AUDIENCE SEGMENT ON THE TNTP BLOG. FORM 990, PART VI, SECTION B, LINE 11 TNTP'S FORM 990 IS PREPARED BY THE ORGANIZATION'S CONTROLLER AND REVIEWED INTERNALLY BY THE CHIEF FINANCIAL OFFICER. THE DRAFT FORM 990 IS THEN REVIEWED EXTERNALLY BY AN INDEPENDENT PAID TAX PREPARER. ANY REVISIONS ARE PRESENTED TO THE ORGANIZATION AND ONCE REVISED, THE FINAL DRAFT FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S AUDIT COMMITTEE. ONCE APPROVED BY THE AUDIT COMMITTEE, COPIES OF THE COMPLETED FORM 990 ARE PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BOARD PRIOR TO SUBMISSION AND FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C TNTP ASKS ITS DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND KEY EMPLOYEES TO REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. TNTP'S FINANCE STAFF FOLLOWS UP TO RESOLVE ANY DISCLOSED CONFLICTS. IF A CONFLICT IS IDENTIFIED, THE INTERESTED INDIVIDUAL MAY NOT VOTE ON THE RELATED MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF ALL OFFICERS. FOR ALL POSITIONS, TNTP'S TALENT AND CULTURE TEAM PERFORMS REGULAR MARKET ANALYSIS UTILIZING COMPARABILITY DATA FROM INDUSTRY SURVEYS, DOCUMENTED COMPENSATION OF PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS, AND/OR INDEPENDENT COMPENSATION STUDIES. THE MARKET ANALYSIS IS SHARED WITH THE EXECUTIVE COMMITTEE OF THE BOARD, AND IS CONSIDERED IN THE RECOMMENDATION OF COMPENSATION CHANGES FOR THE ORGANIZATION'S OFFICERS. A COMPENSATION REVIEW WAS LAST CONDUCTED IN NOVEMBER 2014. FORM 990, PART VI, SECTION C, LINE 19 TNTP MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE BY POSTING IT ON WWW.GUIDESTAR.ORG. IN ADDITION, THE FORM 990, AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON WRITTEN REQUEST TO 186 JORALEMON STREET, SUITE 300, BROOKLYN, NY 11201 OR BY CALLING THE ORGANIZATION DIRECTLY AT (718)233-2800 THE MIND TRUST 1630 N MERIDIAN STREET INDIANAPOLIS IN 46202 204560286 EDUCATION REFORM IN 501(C)(3) LINE 11A, I 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0