Best In The World Teachers is located in Peru, IL. The organization was established in 2019. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Best In The World 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 12/2021, Best In The World Teachers generated $309.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $229.8k during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 2 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT OF A MODEL OF TEACHER EDUCATION WHICH IS BEST IN THE WORLD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patrick R Riccards Executive Director | 40 | $50,000 | |
Jeffrey Beard Vice President | 0.25 | $0 | |
Sally Beatty Executive Director | 40 | $0 | |
M Blouke Carus President | 1 | $0 | |
Sylvia Wetzel Executive Director | 40 | $0 | |
Matthew Post Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $309,044 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $309,044 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $50,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $5,020 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $1,558 |
Printing and publications | $0 |
Other expenses | $3,158 |
Total operating and administrative expenses | $229,800 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $229,800 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $81,665 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $81,665 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
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