National Council On Teacher Quality
- Assets
- $4.3m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 17
- Location
- Washington, DC
- Founding
- 02/2001
- Data as of
- 09/2023
- EIN
- 04-3536571
Organization Overview
National Council On Teacher Quality is located in Washington, DC. The organization was established in 2001. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 09/2023, National Council On Teacher Quality employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Council On Teacher Quality 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 09/2023, National Council On Teacher Quality generated $4.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $2.9m during the year ending 09/2023. 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 NATIONAL COUNCIL ON TEACHER QUALITY, INC. (NCTQ) IS A NONPARTISAN RESEARCH AND ADVOCACY NONPROFIT ON A MISSION TO ENSURE EVERY CHILD HAS EFFECTIVE TEACHERS AND EVERY TEACHER HAS THE OPPORTUNITY TO BE EFFECTIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NCTQ IS A RESEARCH AND POLICY ORGANIZATION COMMITTED TO ENSURING A WELL-PREPARED, DIVERSE TEACHER WORKFORCE FOR ALL CHILDREN. DRIVEN BY THE BELIEF THAT RELEVANT, COMPARATIVE DATA IS FUNDAMENTAL TO IMPROVEMENT, NCTQ WORKS TO INSTILL GREATER TRANSPARENCY AND HIGHER STANDARDS AMONG THE INSTITUTIONS THAT EXERT INFLUENCE AND AUTHORITY OVER TEACHERS: STATES, DISTRICTS AND TEACHER PREPARATION PROGRAMS. IN FY23, NCTQ REMAINED COMMITTED TO ITS TWO "BIG BETS" AS THE SMARTEST, SUREST PATH TO A HIGHER QUALITY TEACHER WORKFORCE: 1) IMPROVE TEACHER PREPARATION, AND 2) STRENGTHEN STATE AND DISTRICT TEACHER POLICIES. NCTQ CONTINUED TO SERVE AS THE BEST SOURCE OF DATA ON THE QUALITY OF TEACHER PREPARATION PROGRAMS, INCLUDING RELEASING UNPRECEDENTED INSTITUTION-LEVEL PASS RATE DATA ON TEACHER LICENSURE EXAMS AS AN OBJECTIVE MEASURE OF PROGRAM QUALITY. NCTQ ALSO PROVIDED DATA ON STATE AND DISTRICT TEACHER POLICIES CALLING THE PUBLIC'S ATTENTION TO CRITICAL ISSUES, INCLUDING THE IMPORTANT ACTIONS STATES AND DISTRICTS CAN TAKE TO STRENGTHEN LITERACY, TEACHER COMPENSATION, AND TEACHER PREPARATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ira Fishman Secretary | OfficerTrustee | 1 | $0 |
Chester E Finn Jr Director | Trustee | 0.5 | $0 |
Bernadeia Johnson Director | Trustee | 0.5 | $0 |
Henry L Johnson Director | Trustee | 0.5 | $0 |
Thomas Lasley Chair | OfficerTrustee | 1 | $0 |
Craig Kennedy Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jjo Media Graphic/ Web Design | 9/29/22 | $134,667 |
Bolles Business Services Financial Services | 9/29/22 | $106,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,497,815 |
| Noncash contributions included in lines 1a–1f | $501,415 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,497,815 |
| Total Program Service Revenue | $0 |
| Investment income | $35,742 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,580,569 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $642,899 |
| Compensation of current officers, directors, key employees. | $47,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $967,116 |
| Pension plan accruals and contributions | $47,044 |
| Other employee benefits | $55,001 |
| Payroll taxes | $120,434 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $146,996 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $631,539 |
| Advertising and promotion | $697 |
| Office expenses | $31,798 |
| Information technology | $86,798 |
| Royalties | $0 |
| Occupancy | $4,642 |
| Travel | $48,732 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,981 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $863 |
| Insurance | $16,734 |
| All other expenses | $0 |
| Total functional expenses | $2,851,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,350,722 |
| Savings and temporary cash investments | $889,921 |
| Pledges and grants receivable | $2,011,252 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,836 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,549 |
| Net Land, buildings, and equipment | $4,938 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,270,218 |
| Accounts payable and accrued expenses | $85,371 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $85,371 |
| Net assets without donor restrictions | $1,400,294 |
| Net assets with donor restrictions | $2,784,553 |
| 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 | $4,270,218 |