Teachers Academy For Mathematics an

EIN: 363719765 501(c)(3)

Chicago, IL

Total Revenue
$264,549
Total Expenses
$432,938
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
IL
Tax Period
2020-10-01 to 2021-09-30

Teachers Academy For Mathematics an, founded in 1991, is a small nonprofit that reported $265K in total revenue in fiscal year 2020. Expenses of $433K exceeded revenue, resulting in a 64% operating deficit.

Mission

TAMS mission has evolved to the provision of state of the art meeting and training facilities to teachers.

Program Service Accomplishments

Program 1

Teachers Academy Staff Development (1) Teachers preparation enhancement. (2) Develop networks to link teachers of math and science technology at all levels with each other and with practicing...

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Teachers Academy Staff Development (1) Teachers preparation enhancement. (2) Develop networks to link teachers of math and science technology at all levels with each other and with practicing scientists and engineers.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $103
Other Revenue $264,446
TOTAL REVENUE $264,549

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $432,938
TOTAL EXPENSES $432,938

Year-over-Year Comparison

2020 2019 Change
Revenue $264,549 $248,180 +0.1%
Expenses $432,938 $159,908 +1.7%
Net Income $-168,389 $88,272 -2.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$33,817
Total Directors
4
$33,817
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nicholas Ciotola Executive Director Treasurer 2.00
Officer Director
$33,817 $0 $33,817
Herman White Jr Board Member 0.50
Director
$0 $0 $0
Nicolas Ciotola Executive Director 0.50
Director
$0 $0 $0
Stephen Mitchell Chairman Secretary 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $264,549 $432,938 No data $-168,389
2020 $248,180 $161,908 $2,961,446 $86,272
2019 $269,679 $172,435 $3,003,456 $97,244
2018 $257,082 $176,367 $2,904,212 $80,715
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