Million Dollar Teacher Project

EIN: 813050329 501(c)(3) Employment

PHOENIX, AZ

Total Revenue
$296,679
Total Expenses
$324,483
Total Assets
$560,998
Net Assets
$460,900
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
AZ
Principal Officer
Lloyd Hopkins
Phone
6027670016
Tax Period
2024-07-01 to 2025-06-30

Million Dollar Teacher Project, founded in 2016, is a small nonprofit in the Employment sector that reported $297K in total revenue in fiscal year 2024.

Mission

TO ELEVATE THE TEACHING PROFESSION THROUGH INCREASED SUPPORT COMPENSATION AND RECOGNITION

Program Service Accomplishments

Program 1
Expenses: $53,621 Revenue: $0

The Teacher Appreciation Package is an effort by Million Dollar Teacher Project to connect teachers with local businesses in their community through meaningful annual discounts during National...

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The Teacher Appreciation Package is an effort by Million Dollar Teacher Project to connect teachers with local businesses in their community through meaningful annual discounts during National Education Month of November and Teacher Appreciation Week in May. The goal of the T.A.P. program is to elevate the spending power of teachers in Arizona whose compensation does not keep up with their personal and classroom needs.

Program 2
Expenses: $64,345 Revenue: $0

Take a Teacher to Lunch TTL is an initiative we launched to turn teacher recognition into a year-round sustained effort. Teaching is a thankless job and there are thousands of teachers each year who...

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Take a Teacher to Lunch TTL is an initiative we launched to turn teacher recognition into a year-round sustained effort. Teaching is a thankless job and there are thousands of teachers each year who go unappreciated and unrecognized. TTL is our way to fix that. Our goal is to bring this program to every school district in the state of Arizona in some capacity by the end of 2028.

Program 3
Expenses: $96,517 Revenue: $0

The Classroom Support Team CST is composed of interns and community volunteers who assist a specific grade level of teachers. This year the program operated from September 3 2024 to March 28 2025...

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The Classroom Support Team CST is composed of interns and community volunteers who assist a specific grade level of teachers. This year the program operated from September 3 2024 to March 28 2025. During this period 11 CST interns supported educators at Madrid Neighborhood School and Wilson School District positively impacting the learning experiences of over 400 students.

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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 (2024)

Revenue Breakdown

Contributions & Grants $177,950
Program Service Revenue $91,181
Investment Income $6,023
Other Revenue $21,525
TOTAL REVENUE $296,679

Expense Breakdown

Grants Paid $9,000
Salaries & Benefits $178,556
Fundraising Expenses $52,863
Program Expenses $214,483
Other Expenses $131,677
TOTAL EXPENSES $324,483

Year-over-Year Comparison

2024 2023 Change
Revenue $296,679 $307,504 0.0%
Expenses $324,483 $424,985 -0.2%
Net Income $-27,804 $-117,481 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
5
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
5
$72,025
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LLoyd Hopkins Founder and CEO 40.00
Officer
$72,025 $0 $72,025
Leighton Tyau Treasurer 5.00
Officer Director
$0 $0 $0
Karen Ulinski Chair 5.00
Officer Director
$0 $0 $0
Rhonda Bowman Vice Chair 5.00
Officer Director
$0 $0 $0
Brian Stinson Secretary 5.00
Officer Director
$0 $0 $0
Shellie Berry Board Member 5.00
Director
$0 $0 $0
Ron Washington Board Member 5.00
Director
$0 $0 $0
Jonathan Temple Board Member 5.00
Director
$0 $0 $0
Michelle Alvis Board Member 5.00
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
2025 $296,679 $324,483 $560,998 $-27,804
2024 $307,504 $424,985 $570,219 $-117,481
2023 $426,172 $320,686 $685,528 $105,486
2022 $688,092 $193,286 $500,293 $494,806
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