National Center For Teacher Residencies Inc
- Assets
- $5.4m
- Revenue
- $10.6m
- Investments
- $0.0
- Employees
- 23
- Location
- Chicago, IL
- Founding
- 02/2008
- Data as of
- 06/2021
- EIN
- 26-0869607
Organization Overview
National Center For Teacher Residencies Inc is located in Chicago, IL. The organization was established in 2008. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, National Center For Teacher Residencies Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Center For Teacher Residencies Inc 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 06/2021, National Center For Teacher Residencies Inc generated $10.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $10.6m during the year ending 06/2021. While expenses have increased by 32.9% per year over the past 7 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.
Since 2019, National Center For Teacher Residencies Inc has awarded 49 individual grants totaling $12,587,655. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NCTR'S MISSION IS TO DISRUPT HISTORIC EDUCATIONAL INEQUITIES BY ADVANCING THE TEACHER RESIDENCY MOVEMENT TO PREPARE EFFECTIVE, DIVERSE, CULTURALLY RESPONSIVE EDUCATORS. NCTR PURSUES THIS MISSION BY PROVIDING SUPPORT, CONSULTING, AND TECHNICAL ASSISTANCE TO NEW AND EXISTING RESIDENCY PROGRAMS NATIONWIDE AND BY CONDUCTING RESEARCH ON TEACHER RECRUITMENT, PREPARATION, AND RETENTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRAINING AND SUPPORT TO NEW AND EXISTING TEACHER RESIDENCIES LED BY NONPROFITS, SCHOOL DISTRICTS, AND UNIVERSITIES TO IMPROVE THE RECRUITMENT, PREPARATION, AND RETENTION OF EFFECTIVE, DIVERSE, CULTURALLY RESPONSIVE EDUCATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anissa Listak CEO | Officer | 40 | $200,375 |
Chris Lozier COO | Officer | 40 | $176,115 |
Jill Harvieux Pitner Chief Growth Officer | 40 | $159,799 | |
Thalia Nawi Former Chief Program Officer | 40 | $157,438 | |
Tabitha Grossman Development Director | 40 | $138,206 | |
William Kennedy Program Director | 40 | $130,587 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,785,695 |
| Investment income | $0 |
| 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 | $10,603,548 |
| Statement of Expenses | |
|---|---|
| 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. | $1,083,017 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,144,296 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $177,424 |
| Payroll taxes | $163,632 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $95,751 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,746 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,359 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,285 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,802 |
| All other expenses | $0 |
| Total functional expenses | $10,621,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,203,966 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $194,215 |
| Accounts receivable, net | $0 |
| 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 | $6,095 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,438 |
| Total assets | $5,406,714 |
| Accounts payable and accrued expenses | $87,639 |
| Grants payable | $3,012,951 |
| Deferred revenue | $153,456 |
| 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 | $411,400 |
| Total liabilities | $3,665,446 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,741,268 |
Grants Awarded
Over the last fiscal year, National Center For Teacher Residencies Inc has awarded $7,444,387 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
CHICAGO PUBLIC SCHOOLS PURPOSE: TEACHER RESIDENCY | $875,140 |
St Paul, MN PURPOSE: TEACHER RESIDENCY | $577,518 |
VIRGINIA COMMONWEALTH UNIVERSITY (RICHMOND TEACHER RESIDENCY) PURPOSE: TEACHER RESIDENCY | $551,506 |
Nashville, TN PURPOSE: TEACHER RESIDENCY | $551,288 |
Washington, DC PURPOSE: TEACHER RESIDENCY | $524,300 |
Atlanta, GA PURPOSE: TEACHER RESIDENCY | $499,821 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that National Center For Teacher Residencies Inc has recieved totaling $7,247,200.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $4,358,200 |
Margaret A Cargill Foundation Eden Prairie, MN PURPOSE: SUPPORT FOR LAB SITES DEVELOPMENT PROJECT | $1,400,000 |
Margaret A Cargill Foundation Eden Prairie, MN PURPOSE: SUPPORT FOR LAB SITES DEVELOPMENT PROJECT | $600,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR SUPPORT OF EFFORTS TO INCREASE THE USE OF HIGH QUALITY INSTRUCTIONAL MATERIALS | $500,000 |
Joyce Foundation Chicago, IL PURPOSE: EDUCATION & ECONOMIC MOBILITY | $125,000 |
Joyce Foundation Chicago, IL PURPOSE: EDUCATION & ECONOMIC MOBILITY | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asbury Theological Seminary Wilmore, KY | $333,796,449 | $52,800,131 |
Illinois College Of Optometry Chicago, IL | $110,244,360 | $41,438,897 |
Logan University Chesterfield, MO | $101,664,851 | $38,500,877 |
Krell Institute Inc Ames, IA | $2,185,280 | $14,305,955 |
Toyota Technological Institute At Chicago Chicago, IL | $302,171,047 | $22,569,767 |
National Center For Teacher Residencies Inc Chicago, IL | $5,406,714 | $10,603,548 |
Lake Forest Graduate School Of Management Lake Forest, IL | $18,989,576 | $9,582,836 |
Iowa Medical Education Collaborative Des Moines, IA | $0 | $4,983,705 |
Harry S Truman Library Institute For National & International Affai Kansas City, MO | $16,879,903 | $3,123,926 |
Legacy Law School Corporation Chicago, IL | $0 | $2,278 |
Graduate School Of Banking Inc Madison, WI | $1,229,337 | $3,378,911 |
Kentucky College Of Art And Design Inc Louisville, KY | $5,558,325 | $2,801,398 |