Montana Professional Teaching Foundation
- Assets
- $594.3k
- Revenue
- $118.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Helena, MT
- Founding
- 08/1997
- Data as of
- 08/2022
- EIN
- 81-0511792
Organization Overview
Montana Professional Teaching Foundation is located in Helena, MT. The organization was established in 1997. 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. Montana Professional Teaching Foundation 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 08/2022, Montana Professional Teaching Foundation generated $118.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $65.4k during the year ending 08/2022. 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
TO PROMOTE AND ENHANCE MONTANA PUBLIC EDUCATION AND THE TEACHING PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JIM MCGARVEY GRANTS: IN MEMORY OF THE LATE JIM MCGARVEY, A GREAT UNION LEADER AND A FOREFATHER OF THE MONTANA FEDERATION OF PUBLIC EMPLOYEES, THE MONTANA PROFESSIONAL TEACHING FOUNDATION CREATED A SCHOLARSHIP PROGRAM IN HIS NAME. THE PROGRAM HELPS FUND UNION MEMBER PARTICIPATION IN PROFESSIONAL DEVELOPMENT OPPORTUNITIES THAT IMPROVE QUALITY PUBLIC EDUCATION AND PUBLIC SERVICE AND UNION INVOLVEMENT AND LEADERSHIP.
OTHER EXPENSES INCLUDING GRANT TO MONTANA HISTORICAL SOCIETY, NBC FACILITATOR STIPENDS AND NEA TEACHING EXCELLENCE GALA.
KAREN COX GRANTS: KAREN COX, ONE OF MONTANA'S GREAT EDUCATORS, LOST HER LIFE DOING WHAT SHE LOVED, WORKING TO IMPROVE PUBLIC EDUCATION. SHE TOOK SERIOUSLY HER OPPORTUNITIES TO SUPPORT HER FELLOW TEACHERS. IN HER HONOR, THE MONTANA PROFESSIONAL TEACHING FOUNDATION CREATED THE KAREN COX MEMORIAL GRANT PROGRAM. THIS PROGRAM IS NOT INTENDED TO REPLACE SCHOOL FUNDING, RATHER IT IS MEANT TO ASSIST EDUCATORS WHO SELFLESSLY REACH INTO THEIR OWN POCKETS FOR CLASSROOM SUPPLIES. MONTANA EDUCATORS CAN APPLY TO THE FOUNDATION FOR FUNDS EXPENDED ON BEHALF OF THE CLASSROOM.
TEACHER LEADERSHIP INSTITUTE (TLI): TLI FELLOWSHIP IS A COMPREHENSIVE EFFORT TO RECRUIT, PREPARE, ACTIVATE, AND SUPPORT THE NEXT GENERATION OF TEACHERS TO SHAPE AND LEAD A TRANSFORMED TEACHING PROFESSION. THE TEACHER LEADERSHIP INSTITUTE IS A COHORT-BASED LEARNING EXPERIENCE CONSISTING OF RIGOROUS COMPETENCY-BASED CURRICULUM; APPLIED EXPERIENCE THROUGH A SELF-SELECTED CAPSTONE PROJECT; DEEP STATE AND LOCAL COLLABORATION; EXTENSIVE COACHING AND SUPPORT; AND EVIDENCE-BASED PORTFOLIO DOCUMENTING GROWTH IN THE TEACHER LEADERSHIP COMPETENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Feaver Director | Trustee | 1 | $0 |
Amanda Curtis Chair | OfficerTrustee | 1 | $0 |
Erik Burke Director | Trustee | 1 | $0 |
Melissa Romano Director | Trustee | 1 | $0 |
Jennifer Wasson Director | Trustee | 1 | $0 |
Eric Matthews Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,004 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,437 |
| Noncash contributions included in lines 1a–1f | $3,076 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,441 |
| Total Program Service Revenue | $0 |
| Investment income | $6,406 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,247 |
| Net Income from Fundraising Events | -$844 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $118,250 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,066 |
| Grants and other assistance to domestic individuals. | $6,800 |
| 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 | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,498 |
| Fees for services: Other | $0 |
| Advertising and promotion | $300 |
| Office expenses | $24 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $215 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,638 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $65,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,720 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $730 |
| 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 | $555,898 |
| Total assets | $594,348 |
| Accounts payable and accrued expenses | $1,229 |
| 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 | $1,229 |
| Net assets without donor restrictions | $593,119 |
| 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 | $594,348 |
Grants Awarded
Over the last fiscal year, Montana Professional Teaching Foundation has awarded $6,331 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
POLSON MIDDLE SCHOOL PURPOSE: ASSIST EDUCATORS WITH THE COST OF CLASSROOM SUPPLIES | $500 |
THREE FORKS MIDDLE SCHOOL PURPOSE: ASSIST EDUCATORS WITH THE COST OF CLASSROOM SUPPLIES | $299 |
POTOMAC ELEMENTARY SCHOOL PURPOSE: ASSIST EDUCATORS WITH THE COST OF CLASSROOM SUPPLIES | $400 |
LINCOLN ELEMENTARY PURPOSE: ASSIST EDUCATORS WITH THE COST OF CLASSROOM SUPPLIES | $500 |
SANDSTONE ELEMENTARY PURPOSE: ASSIST EDUCATORS WITH THE COST OF CLASSROOM SUPPLIES | $500 |
HIGHLAND PARK ELEMENTARY PURPOSE: ASSIST EDUCATORS WITH THE COST OF CLASSROOM SUPPLIES | $200 |