THE ACADEMY FOR TEACHERS INC

EIN: 454681404 501(c)(3) Education

NEW YORK, NY

Total Revenue
$1,340,135
Total Expenses
$1,326,773
Total Assets
$1,387,867
Net Assets
$1,363,278
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
SAMUEL SWOPE
Phone
9292380187
Tax Period
2023-09-01 to 2024-08-31

THE ACADEMY FOR TEACHERS INC, founded in 2012, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

THE ACADEMY FOR TEACHERS BRINGS TOGETHER TEACHERS WITH LUMINARIES, EXPERTS, AND ARTISTS TO CREATE A SUPPORTIVE COMMUNITY OF INSPIRED EDUCATORS. OUR MISSION IS TO HONOR AND SUPPORT TEACHERS THROUGH WORLD-CLASS LEARNING EXPERIENCES THAT INSPIRE THEM TO CONTINUE CHANGING LIVES, IN THE CLASSROOM AND BEYOND.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,104,375
Program Service Revenue $195,030
Investment Income $50,751
Other Revenue $-10,021
TOTAL REVENUE $1,340,135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $901,194
Fundraising Expenses $202,690
Program Expenses $1,088,770
Other Expenses $367,079
TOTAL EXPENSES $1,326,773

Year-over-Year Comparison

2023 2022 Change
Revenue $1,340,135 $1,618,430 -0.2%
Expenses $1,326,773 $1,256,057 +0.1%
Net Income $13,362 $362,373 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
10
Volunteers
14

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
5
$177,434
Total Directors
15
$177,434
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM SWOPE PRESIDENT 50
Officer Director
$177,434 $0 $177,434
BARBARA GOODMAN RAHO CO-CHAIR 5
Officer Director
$0 $0 $0
DIANA REVSON CO-CHAIR 5
Officer Director
$0 $0 $0
PETER MARRS TREASURER 1
Officer Director
$0 $0 $0
AISHA HAYNES SECRETARY 1
Officer Director
$0 $0 $0
TRACY GARRISON FEINBERG BOARD MEMBER 1
Director
$0 $0 $0
MICHAEL GLAZEBROOK BOARD MEMBER 1
Director
$0 $0 $0
STEVEN ARESTY BOARD MEMBER 1
Director
$0 $0 $0
PATRICIA HAYOT BOARD MEMBER 1
Director
$0 $0 $0
JOY S HURD BOARD MEMBER 1
Director
$0 $0 $0
KATE BURCH NON-VOTING BOARD MEMBER 1
Director
$0 $0 $0
CAROLINE SNEATH MCBRIDE BOARD MEMBER 1
Director
$0 $0 $0
MALLORY NEIDICH BOARD MEMBER 1
Director
$0 $0 $0
DAN QUIAT BOARD MEMBER 1
Director
$0 $0 $0
WAYNE TOBIAS BOARD MEMBER 1
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
2024 $1,340,135 $1,326,773 $1,387,867 $13,362
2023 $1,618,430 $1,256,057 $1,452,351 $362,373
2022 $1,319,818 $1,026,013 $1,041,819 $293,805
2021 $891,790 $770,261 $797,028 $121,529
2020 $679,210 $642,687 $707,364 $36,523
2019 $706,266 $724,613 $549,636 $-18,347
2018 $715,394 $558,123 $561,589 $157,271
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