Academy For Teachers
- Assets
- $797.0k
- Revenue
- $891.8k
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 12/2012
- Data as of
- 08/2021
- EIN
- 45-4681404
Organization Overview
Academy For Teachers is located in New York, NY. The organization was established in 2012. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 08/2021, Academy For Teachers employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy For 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 08/2021, Academy For Teachers generated $891.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $770.3k during the year ending 08/2021. While expenses have increased by 22.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ACADEMY FOR TEACHERS BRINGS TOGETHER TEACHERS WITH LUMINARIES, EXPERTS, AND ARTISTS TO CREATE A SUPPORTIVE COMMUNITY OF INSPIRED EDUCATORS. OUR MISSION IS TO HONOR AND SUPPORT TEACHERS THROUGH WORLD-CLASS LEARNING EXPERIENCES THAT INSPIRE THEM TO CONTINUE CHANGING LIVES, IN THE CLASSROOM AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MASTER CLASSES: LED BY EXPERTS FROM ALL ARENAS, OUR INTIMATE MASTER CLASSES PROVIDE TEACHERS WITH THRILLING NEW IDEAS, BETTER TEACHING STRATEGIES, AND RENEWED EXCITEMENT FOR THEIR WORK WITH STUDENTS. IN A MASTER CLASS, INTIMATE GROUPS OF TEACHERS LEARN FROM A LEADING EXPERT AND FROM EACH OTHER, SHARING THEIR BEST LESSONS, RESOURCES, AND WISDOM ACROSS ALL SUBJECT AREAS.
SPECIAL EVENTS: TEACHING CAN BE A LONELY PROFESSION. WE BRING TEACHERS TOGETHER FOR INTELLECTUAL, CULTURAL, AND JUST PLAIN FUN EVENTS. PASSIONATE TEACHERS ATTEND LECTURES, PERFORMANCES, AND WORKSHOPS TOGETHER. THEY JOIN OUR BOOK AND CREATIVE WRITING GROUPS. THEY PLAY ON OUR SOFTBALL TEAM AND SING IN OUR CHORUS.
CHAPBOOKS & PRIZES AND FELLOWSHIPS: GRANTS ARE AVAILABLE TO FELLOWS OF THE ACADEMY FOR TEACHERS. THEY INCLUDE FULL SCHOLARSHIPS TO THE BREAD LOAF SCHOOL OF ENGLISH AT MIDDLEBURY COLLEGE AND THE DON QUIXOTE FELLOWSHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Swope President | OfficerTrustee | 50 | $128,872 |
Diana Revson Co-Chair | OfficerTrustee | 15 | $0 |
Barbara Goodman Raho Co-Chair | OfficerTrustee | 5 | $0 |
Irena Goldstein Secretary | OfficerTrustee | 1 | $0 |
William Thompson Treasurer | OfficerTrustee | 2 | $0 |
Steven Aresty Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,787 |
| All other contributions, gifts, grants, and similar amounts not included above | $775,694 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $848,481 |
| Total Program Service Revenue | $40,053 |
| Investment income | $831 |
| 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 | $891,790 |
| 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. | $128,872 |
| Compensation of current officers, directors, key employees. | $12,744 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,025 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,254 |
| Payroll taxes | $25,363 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,976 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $150,333 |
| Advertising and promotion | $2,856 |
| Office expenses | $46,733 |
| Information technology | $7,632 |
| Royalties | $0 |
| Occupancy | $19,060 |
| Travel | $1,190 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,001 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,427 |
| Insurance | $987 |
| All other expenses | $78,552 |
| Total functional expenses | $770,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,305 |
| Savings and temporary cash investments | $36,683 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,000 |
| 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 | $241 |
| Net Land, buildings, and equipment | $3,605 |
| Investments—publicly traded securities | $710,194 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $797,028 |
| Accounts payable and accrued expenses | $31,090 |
| 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 | $72,200 |
| Other liabilities | $0 |
| Total liabilities | $103,290 |
| Net assets without donor restrictions | $693,738 |
| 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 | $797,028 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Academy For Teachers has recieved totaling $195,451.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $63,450 |
Charles H Revson Foundation Inc New York, NY PURPOSE: ACADEMY FOR TEACHERS' EARLY CAREER FELLOWSHIP | $50,000 |
Steven Aresty Foundation New York, NY PURPOSE: FOR THE USE OF THE DONEE ORGANIZATION | $21,000 |
Sidney A Kohl Fam Foundation Tr Palm Beach, FL PURPOSE: CHARITABLE | $10,000 |
Falconhead Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Thompson Jones Alexander Foundation Charlottesville, VA PURPOSE: TEACHER EVENTS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |