The Jackson-Reed Parent Teacher
- Assets
- $382.8k
- Revenue
- $143.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/1989
- Data as of
- 06/2022
- EIN
- 52-1593961
Organization Overview
The Jackson-Reed Parent Teacher, operating under the name Jackson-Reed Ptso, is located in Washington, DC. The organization was established in 1989. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Jackson-Reed Ptso 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 06/2022, Jackson-Reed Ptso generated $143.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $179.7k during the year ending 06/2022. 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
IMPROVEMENT OF PUBLIC EDUCATION IN THE DISTRICT OF COLUMBIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PTSO PROVIDES SUPPORT TO THE STUDENT ACTIVITY PROGRAMS OF JACKSON-REED HIGH SCHOOL ACADEMIES IN AREAS SUCH AS THE PERFORMING ARTS, CONFERENCES, ATHLETICS, PUBLICATIONS AND OTHER STUDENT ORGANIZATIONS AND ACTIVITIES.
THE PTSO PROVIDES SUPPORT TO THE EDUCATIONAL PROGRAMS OF JACKSON-REED HS BY PURCHASING EQUIPMENT, INSTRUCTIONAL MATERIALS AND FUNDING FACULTY GRANTS AND CONFERENCES.
THE PTSO PROVIDES FUNDS TO SUPPORT STUDENT ATTENDANCE AT VARIOUS ACADEMIC COMPETITIONS, CONFERENCES, CULTURAL VISITS AND EXCHANGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Penberthy President | OfficerTrustee | 10 | $0 |
Brian Cohen Vice President | OfficerTrustee | 3 | $0 |
Lucy Marvin Secretary | OfficerTrustee | 2 | $0 |
Beth Taubman Treasurer | OfficerTrustee | 5 | $0 |
Dontrell Smith Assistant Treasurer | OfficerTrustee | 5 | $0 |
Karen Harris Grants Co-Chair | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $104,637 |
| Fundraising events | $3,843 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,425 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,905 |
| Total Program Service Revenue | $0 |
| Investment income | $41 |
| 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 | $143,946 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $7,020 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $179,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,230 |
| Savings and temporary cash investments | $223,601 |
| Pledges and grants receivable | $0 |
| 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 | $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 | $382,831 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $35,931 |
| Net assets with donor restrictions | $346,900 |
| 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 | $382,831 |