Teach Western Mass Inc
- Assets
- $949.9k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 34
- Location
- Springfield, MA
- Founding
- 12/2017
- Data as of
- 08/2023
- EIN
- 81-3839008
Organization Overview
Teach Western Mass Inc is located in Springfield, MA. The organization was established in 2017. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 08/2023, Teach Western Mass Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teach Western Mass 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 08/2023, Teach Western Mass Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $1.6m during the year ending 08/2023. While expenses have increased by 31.0% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GOAL AND VISION OF TEACH WESTERN MASS, INC. IS TO ATTRACT, HIRE, DEVELOP, AND RETAIN QUALITY TEACHERS FOR WESTERN MASSACHUSEETS URBAN CLASSROOMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACH WESTERN MASS CONTRACTED TO GENERATION TEACH (GT). GT IS A NON-PROFIT NON-PARTISAN ORGANIZATION WHICH PARTNERS WITH DISTRICT AND CHARTER SCHOOLS TO DEVELOP TALANTED AND DIVERSE YOUNG PEOPLE ("TEACHING FELLOWS") WITH LOCAL PATHWAYS INTO CAREERS IN EDUCATION. GT'S SUMMER PROGRAM INCLUDES A TWO WEEK TRAINING PERIOD FOR TEACHING FELLOWS AS WELL AS A SUMMER ACADEMY DESIGNED TO CLOSE THE OPPORTUNITY GAP FOR LOW-INCOME URBAN MIDDLE-SCHOOL STUDENTS.IT GIVES ASPIRING TEACHERS WITHOUT PRIOR EDUCATION COURSEWORK OR EXPERIENCE FROM ALL BACKGROUNDS THE CHANCE TO LEAD A CLASSROOM WHILE RECEIVING SIGNIFICANT SUPPORT TOWARD EARNING MASSACHUSETTS CERTIFICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pema Latshang Director | OfficerTrustee | 40 | $145,038 |
Ali Mathias Chairman | OfficerTrustee | 1 | $0 |
Matthew Matera Treasurer | OfficerTrustee | 1 | $0 |
Alexandra Steinhauer Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $95,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $173,919 |
| All other contributions, gifts, grants, and similar amounts not included above | $933,451 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,202,370 |
| Total Program Service Revenue | $124,220 |
| 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 | $1,330,829 |
| 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. | $152,811 |
| Compensation of current officers, directors, key employees. | $76,406 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $858,427 |
| Pension plan accruals and contributions | $23,652 |
| Other employee benefits | $107,439 |
| Payroll taxes | $97,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,226 |
| Fees for services: Accounting | $34,546 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $153,036 |
| Advertising and promotion | $58,096 |
| Office expenses | $60,779 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,416 |
| Travel | $3,555 |
| 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 | $441 |
| Insurance | $10,575 |
| All other expenses | $0 |
| Total functional expenses | $1,628,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $887,854 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,431 |
| 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 | $16,974 |
| Net Land, buildings, and equipment | $625 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $949,884 |
| Accounts payable and accrued expenses | $53,168 |
| 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 | $30 |
| Total liabilities | $53,198 |
| Net assets without donor restrictions | $734,849 |
| Net assets with donor restrictions | $161,837 |
| 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 | $949,884 |