Teachers Treasures Inc
- Assets
- $1.1m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 13
- Location
- Indianapolis, IN
- Founding
- 04/2000
- Data as of
- 06/2021
- EIN
- 35-2100375
Organization Overview
Teachers Treasures Inc is located in Indianapolis, IN. The organization was established in 2000. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Teachers Treasures Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teachers Treasures 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, Teachers Treasures Inc generated $9.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $9.2m during the year ending 06/2021. While expenses have increased by 10.5% per year over the past 6 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 2015, Teachers Treasures Inc has awarded 843 individual grants totaling $43,035,480. 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
DISTRIBUTE DONATED SCHOOL SUPPLIES TO TEACHERS IN HIGH-NEED SCHOOLS FOR USE IN CLASSROOMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHERS FROM MORE THAN 270 SCHOOLS WITH 60% OR MORE OF THE STUDENT POPULATION ON THE FREE AND REDUCED LUNCH PROGRAM WERE GIVEN DONATED SCHOOL SUPPLIES TO USE IN THEIR CLASSROOMS. THE VALUE OF THESE SUPPLIES WAS ESTIMATED AT 5,698,056. IN ADDITION, INDIVIDUAL GRANTS OF 5,238 WERE DISBURSED TO THREE TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Sheehan Executive Di | Officer | 40 | $93,876 |
Kim Borges Secretary | OfficerTrustee | 3 | $0 |
Tom Cebulko President | OfficerTrustee | 5 | $0 |
Ryan Miller Treasurer | OfficerTrustee | 3 | $0 |
David Arnett Director | Trustee | 2 | $0 |
Michael Ault Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $97,821 |
| Related organizations | $0 |
| Government grants | $84,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,664,810 |
| Noncash contributions included in lines 1a–1f | $8,208,837 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,846,731 |
| Total Program Service Revenue | $113,157 |
| Investment income | $655 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $393,719 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,359,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,176,792 |
| Grants and other assistance to domestic individuals. | $4,086 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,006 |
| Compensation of current officers, directors, key employees. | $4,465 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $321,768 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $31,670 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,554 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,591 |
| Advertising and promotion | $20,637 |
| Office expenses | $13,486 |
| Information technology | $10,161 |
| Royalties | $0 |
| Occupancy | $34,981 |
| Travel | $3,712 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,169 |
| Insurance | $10,562 |
| All other expenses | $11,122 |
| Total functional expenses | $9,164,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,656 |
| Savings and temporary cash investments | $701,795 |
| Pledges and grants receivable | $5,000 |
| Accounts receivable, net | $59,710 |
| 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 | $15,829 |
| Net Land, buildings, and equipment | $128,416 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,070,406 |
| Accounts payable and accrued expenses | $74,207 |
| Grants payable | $0 |
| Deferred revenue | $23,000 |
| 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 | $88,427 |
| Other liabilities | $0 |
| Total liabilities | $185,634 |
| Net assets without donor restrictions | $876,472 |
| Net assets with donor restrictions | $8,300 |
| 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 | $1,070,406 |
Grants Awarded
Over the last fiscal year, Teachers Treasures Inc has awarded $8,073,840 in support to 82 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANAPOLIS PUBLIC SCHOOLS PURPOSE: ASSISTANCE TO SCHOOL | $2,393,185 |
MSD WAYNE TOWNSHIP PURPOSE: ASSISTANCE TO SCHOOL | $1,179,715 |
Indianapolis, IN PURPOSE: ASSISTANCE TO SCHOOL | $670,276 |
PERRY TOWNSHIP SCHOOLS PURPOSE: ASSISTANCE TO SCHOOL | $480,688 |
MSD WASHINGTON TOWNSHIP PURPOSE: ASSISTANCE TO SCHOOL | $374,511 |
MSD WARREN TOWNSHIP PURPOSE: ASSISTANCE TO SCHOOL | $328,566 |
Grants Recieved
Over the last fiscal year, we have identified 19 grants that Teachers Treasures Inc has recieved totaling $264,180.
| Awarding Organization | Amount |
|---|---|
Molina Family Foundation Los Alamitos, CA PURPOSE: LITERACY | $78,554 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $73,050 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: Eastside Mobile Outreach Expansion | $35,000 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN PURPOSE: SUPPORT FOR THE GRANTEE'S GENERAL OPERATING EXPENSES. | $20,000 |
Karen L Bean Irrevocable Private Foundation Trust Karebare Carmel, IN PURPOSE: SCHOOL SUPPLIES | $16,277 |
Glencoe Family Foundation Inc Carmel, IN PURPOSE: ENDOWMENT | $11,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Riverbend Head Start Delegate Inc Alton, IL | $2,230,032 | $11,645,370 |
Edchoice Inc Indianapolis, IN | $20,542,454 | $10,117,129 |
Teachers Treasures Inc Indianapolis, IN | $1,070,406 | $9,359,257 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
Rockford Rescue Mission Ministries Rockford, IL | $21,367,986 | $9,020,470 |
Hands Of Hope Of Illinois Joliet, IL | $1,296,526 | $5,994,753 |
Communities In Schools Of Chicago Chicago, IL | $8,973,055 | $9,274,759 |
Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |
Kauffman Scholars Inc Kansas City, MO | $2,305,850 | $5,242,341 |