The Teacher Collaborative Inc
- Assets
- $396.3k
- Revenue
- $493.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Somerville, MA
- Founding
- 11/2019
- Data as of
- 06/2023
- EIN
- 83-3639911
Organization Overview
The Teacher Collaborative Inc is located in Somerville, MA. The organization was established in 2019. 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 06/2023, Teacher Collaborative Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teacher Collaborative 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 06/2023, Teacher Collaborative Inc generated $493.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $907.6k during the year ending 06/2023. 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 TEACHER COLLABORATIVE, INC. (THE ORGANIZATION) IS A NON-PROFIT ORGANIZATION DEVOTED TO BRINGING TEACHERS TOGETHER ACROSS MASSACHUSETTS TO HELP FORM A NETWORK OF RESOURCES TO REIMAGINE THE EDUCATION PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TEACHER COLLABORATIVE (TTC) DESIGNS AND IMPLEMENTS PROFESSIONAL LEARNING OPPORTUNITIES FOR TEACHERS ("CO-LABS") ON TOPICS OF HIGH INTEREST/RELEVANCE. TTC ALSO OFFERS IN-PERSON AND VIRTUAL EVENTS, A PODCAST, AND AN ONLINE SPACE WHERE TEACHER-CREATED INNOVATIONS, STRATEGIES, AND SOLUTIONS TO COMMON CHALLENGES ARE SHARED WITH OTHER TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Fenwick Executive Director | Trustee | 24 | $79,778 |
Erika Giampietro Treasurer | OfficerTrustee | 1 | $0 |
Shakera Ford Walker Clerk | OfficerTrustee | 1 | $0 |
Jennifer Carrion Director | Trustee | 1 | $0 |
Heather Peske Director | Trustee | 1 | $0 |
Mollie Proctor Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $413,529 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,029 |
| Total Program Service Revenue | $0 |
| Investment income | $1,763 |
| 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 | $493,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,000 |
| Grants and other assistance to domestic individuals. | $56,116 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,778 |
| Compensation of current officers, directors, key employees. | $9,591 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $466,501 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,081 |
| Payroll taxes | $45,403 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,067 |
| Advertising and promotion | $8,107 |
| Office expenses | $11,861 |
| 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 | $1,663 |
| All other expenses | $0 |
| Total functional expenses | $907,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,778 |
| Savings and temporary cash investments | $67,977 |
| Pledges and grants receivable | $280,525 |
| 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 | $396,280 |
| Accounts payable and accrued expenses | $21,324 |
| 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 | $21,324 |
| Net assets without donor restrictions | $174,956 |
| Net assets with donor restrictions | $200,000 |
| 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 | $396,280 |
Grants Awarded
Over the last fiscal year, The Teacher Collaborative Inc has awarded $60,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AMESBURY PUBLIC SCHOOLS PURPOSE: PROGRAM STIPENDS | $20,000 |
LYNN PUBLIC SCHOOLS PURPOSE: PROGRAM STIPENDS | $20,000 |
SALEM PUBLIC SCHOOLS PURPOSE: PROGRAM STIPENDS | $20,000 |