Academy For Teachers
- Assets
- $1.5m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 10
- Location
- New York, NY
- Founding
- 12/2012
- Data as of
- 08/2023
- EIN
- 45-4681404
Organization Overview
Academy For Teachers is located in New York, NY. The organization was established in 2012. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 08/2023, Academy For Teachers employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy For Teachers is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Academy For Teachers generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $1.3m during the year ending 08/2023. While expenses have increased by 23.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ACADEMY FOR TEACHERS BRINGS TOGETHER TEACHERS WITH LUMINARIES, EXPERTS, AND ARTISTS TO CREATE A SUPPORTIVE COMMUNITY OF INSPIRED EDUCATORS. OUR MISSION IS TO HONOR AND SUPPORT TEACHERS THROUGH WORLD-CLASS LEARNING EXPERIENCES THAT INSPIRE THEM TO CONTINUE CHANGING LIVES, IN THE CLASSROOM AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FELLOWS EVENTS & GRANTS - THE ACADEMY HAS A NUMBER OF PROGRAMS TO UPLIFT TEACHERS. GRANTS ARE AVAILABLE TO OUR FELLOWS, INCLUDING FULL SCHOLARSHIPS TO THE BREAD LOAF SCHOOL OF ENGLISH AT MIDDLEBURY COLLEGE AND THE DON QUIXOTE FELLOWSHIP. WE ALSO BRING TEACHERS TOGETHER FOR INTELLECTUAL, CULTURAL, AND JUST PLAIN FUN EVENTS.
OTHER PROGRAMS: CHAPBOOKS, SHOW TEACHERS THE LOVE FOR FELLOWS AND TEACHERS TEACHING TEACHERS.
EARLY CAREER FELLOWSHIP - THIS YEAR-LONG FELLOWSHIP ADDRESSES TWO CRITICAL PROBLEMS IN EDUCATION: KEEPING NEW TEACHERS IN THE CLASSROOM AND THE UNDER-REPRESENTATION OF TEACHERS OF COLOR ACROSS THE PROFESSION. THOSE ACCEPTED JOIN AN INTIMATE COHORT FOR A YEAR OF MASTER CLASSES, WORKSHOPS, AND MENTORING. THEY LEARN ALONGSIDE EACH OTHER AND JOIN OUR LARGER COMMUNITY OF PASSIONATE, VETERAN TEACHERS WHO SERVE AS ROLE MODELS.
MASTER CLASSES: LED BY EXPERTS FROM ALL ARENAS, OUR INTIMATE MASTER CLASSES PROVIDE TEACHERS WITH THRILLING NEW IDEAS, BETTER TEACHING STRATEGIES, AND RENEWED EXCITEMENT FOR THEIR WORK WITH STUDENTS. IN A MASTER CLASS, INTIMATE GROUPS OF TEACHERS LEARN FROM A LEADING EXPERT AND FROM EACH OTHER, SHARING THEIR BEST LESSONS, RESOURCES, AND WISDOM ACROSS ALL SUBJECT AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Swope President | Officer | 50 | $164,536 |
Barbara Goodman Raho Co-Chair | OfficerTrustee | 5 | $0 |
Diana Revson Co-Chair | OfficerTrustee | 15 | $0 |
William Thompson Treasurer | OfficerTrustee | 2 | $0 |
Steven Aresty Board Member | Trustee | 1 | $0 |
Tracy Garrison Feinberg Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $414,502 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,022,544 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,437,046 |
| Total Program Service Revenue | $180,383 |
| Investment income | $31,420 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$30,459 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,618,430 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,805 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $164,536 |
| Compensation of current officers, directors, key employees. | $11,154 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $382,174 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,686 |
| Payroll taxes | $45,499 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $700 |
| Fees for services: Accounting | $29,314 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $36,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $259,897 |
| Advertising and promotion | $0 |
| Office expenses | $77,051 |
| Information technology | $1,515 |
| Royalties | $0 |
| Occupancy | $29,500 |
| Travel | $82,118 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $7,288 |
| Conferences, conventions, and meetings | $9,459 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,911 |
| Insurance | $2,121 |
| All other expenses | $0 |
| Total functional expenses | $1,256,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,904 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $262,475 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,074 |
| Investments—publicly traded securities | $1,040,898 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,452,351 |
| Accounts payable and accrued expenses | $16,435 |
| Grants payable | $0 |
| Deferred revenue | $86,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $102,435 |
| Net assets without donor restrictions | $724,701 |
| Net assets with donor restrictions | $625,215 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,452,351 |