Southern Initiative Of The Algebra Project Inc is located in Summerville, SC. The organization was established in 2003. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Southern Initiative Of The Algebra Project 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 12/2022, Southern Initiative Of The Algebra Project Inc generated $349.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 34.6% each year . All expenses for the organization totaled $586.3k during the year ending 12/2022. While expenses have increased by 42.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND PROVIDE ASSISTANCE IN PROFESSIONAL DEVELOPMENT OF TEACHERS, UTILIZING " ALGEBRA PROJECT" INSTRUCTIONAL MATERIALS AND PEDAGOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT, INC. (SIAP) IMPLEMENTED THE SIAP PK-16 MODEL FOR EDUCATION AT SOME LEVEL AT 4 SITES IN THE UNITED STATES DURING 2022. THE MODEL INVOLVES 4 COMPONENTS: (1) PROFESSIONAL DEVELOPMENT FOR EDUCATORS, MODELING THE EXPECTATIONS FOR CONVERSATION AND DEEP THINKING IN MATHEMATICS INSTRUCTION FOR EDUCATORS AND THEIR STUDENTS; (2) THE DESIGN TEAM PROCESS, PULLING TOGETHER ACROSS THE COMMUNITY AT LARGE THE NECESSARY HUMAN AND OTHER RESOURCES TO SUPPORT TEACHERS AND THEIR STUDENTS TOWARD ALL STUDENTS BEING COLLEGE- OR CAREER- READY UPON GRADUATION FROM HIGH SCHOOL; (3) PARTNERSHIPS WITH INSTITUTES OF HIGHER LEARNING, PARTICULARLY HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, SERVING AS ANCHORS FOR EDUCATIONAL SUPPORT AND SUSTAINABILITY FOR TEACHERS AND STUDENTS; AND (4) YOUTH LEADERSHIP DEVELOPMENT, TEACHING HIGH SCHOOL AND UNIVERSITY STUDENTS TO SERVE AS TUTORS AND MENTORS FOR PK-12 STUDENTS IN TEACHERS' CLASSROOMS AND IN AFTER-SCHOOL, WEEKEND, AND SUMMER PROGRAMS. THE 4 PROGRAM SITES FOR2022 FOLLOW: NEW ORLEANS LA PROJECT--SIAP PROVIDED PROFESSIONAL DEVELOPMENT FOR MATH EDUCATORS AT THREE SCHOOLS (BENJAMIN FRANKLIN ELEMENTARY MATHEMATICS AND SCIENCE SCHOOL, THE ROBERT RUSSA MOTON CHARTER SCHOOL, AND THE NEW ORLEANS CHARTER SCIENCE AND MATHEMATICS HIGH SCHOOL). CLASSROOM VISITATIONS AND SATURDAY WORKSHOPS WERE HELD IN SPRING 2022 AND FALL 2022; A SUMMER INSTITUTE WAS HELD FOR ALL THREE SCHOOLS JUNE/JULY. SCHOOL LEADERSHIP ASSISTANCE WAS ALSO PROVIDED THROUGHOUT THE YEAR FOR THE ADMINISTRATORS OF THE THREE SCHOOLS. DESIGN TEAM MEETINGS WERE HELD APPROXIMATELY EVERY TWO WEEKS, BRINGING TOGETHER REPRESENTATIVES FROM SIAP, THE SCHOOLS, AND DILLARD AND XAVIER UNIVERSITIES.WASHINGTON DC PROJECT--SIAP PROVIDED PROFESSIONAL DEVELOPMENT FOR MATH FACULTY AT UDC/UDCCC IN JUNE, OCTOBER, AND DECEMBER. SIAP CONDUCTED AN ORIENTATION FOR SCHOOL ADMINISTRATORS AND MATH TEACHERS FROM AREA SCHOOLS IN MARCH. WITH THE UNIVERSITY IN THE DEVELOPMENT PROCESS FOR THE KATHERINE G. JOHNSON MATHEMATICS TEACHER TRAINING INSTITUTE (THE MTTI), SIAP ASSISTED UDC/UDCCC IN THE DEVELOPMENT PROCESS AND IN SEEKING FUNDING FOR THE MTTI PROJECT.PETERSBURG VA PROJECT--SIAP WORKED WITH THE PRINCIPAL INVESTIGATOR FOR 2 PRIOR GRANTS (THAT WERE THE SOURCE OF FUNDS FOR ACTIVITIES AT MULTIPLE COLLABORATING SITES IN THE PAST) TO DEVELOP AND FUND TWO FUTURE PROJECTS.JACKSON MS PROJECT"SIAP CONDUCTED TWO INTRODUCTORY WORKSHOPS FOR TEACHERS AND MATH COACHESIN JANUARY. SIAP CONTINUED INTENSIVE WORK WITH THE COMMUNITY TO RALLY SUPPORT FOR SCHOOLS IN THE LANIER HIGH SCHOOL FEEDER PATTERN TO IMPLEMENT THE SIAP PK-16 MODEL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David J Dennis Sr Executive Director | Officer | 40 | $91,000 |
Renee Hill Vice Chairman Of The Board | OfficerTrustee | 1 | $0 |
Lakshmi Sridaran Secretary Of The Board | OfficerTrustee | 1 | $0 |
Ernest Jones Chairman Of The Board | OfficerTrustee | 1 | $0 |
Ernest Brooks Treasurer Of The Board | OfficerTrustee | 1 | $0 |
Jon Hale Board Member | Trustee | 1 | $0 |
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 | $87,294 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $87,294 |
Total Program Service Revenue | $253,386 |
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 | $349,503 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $26,500 |
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. | $91,000 |
Compensation of current officers, directors, key employees. | $91,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $14,900 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,801 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,340 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $365,594 |
Advertising and promotion | $0 |
Office expenses | $7,145 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $53,801 |
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 | $0 |
Insurance | $2,392 |
All other expenses | $856 |
Total functional expenses | $586,329 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $80,074 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $39,896 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $119,970 |
Accounts payable and accrued expenses | $28,582 |
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 | $28,582 |
Net assets without donor restrictions | $91,388 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $119,970 |
Over the last fiscal year, we have identified 1 grants that Southern Initiative Of The Algebra Project Inc has recieved totaling $158,400.
Awarding Organization | Amount |
---|---|
W K Kellogg Foundation Battle Creek, MI PURPOSE: IMPROVE MATH PROFICIENCY FOR STUDENTS BY PROVIDING INTENSIVE PROFESSIONAL DEVELOPMENT TO TEACHERS, ENGAGING COMMUNITY AND BUILDING PIPELINES OF SUPPORT WITH HISTORICALLY BLACK COLLEGES AND UNIVERSITIES | $158,400 |
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Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
University Of North Georgia Foundation Inc Dahlonega, GA | $101,168,345 | $9,379,486 |
Cape Fear Tutoring Inc Wilmington, NC | $2,173,027 | $16,040,654 |
Southern Assoc Of Colleges And Schools Commission On Colleges Inc Decatur, GA | $21,107,199 | $13,477,936 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |
Association For The Advancement Of Education Inc Saxapahaw, NC | $14,393,237 | $5,390,894 |
Ready For School Ready For Life Greensboro, NC | $5,692,106 | $6,572,581 |
Burlingame Country Club Inc Sapphire, NC | $10,768,735 | $4,568,714 |
Spartanburg Academic Movement Spartanburg, SC | $4,955,067 | $3,165,814 |
Nc Counts Coalition Raleigh, NC | $475,354 | $3,427,386 |