Baltimore Teacher Network FY2022 filing

Tax-deductible

Baltimore, MD501(c)(3)Since 1998Arts & CultureEIN 52-2085844Revenue $7.4M in FY2022

On file with the IRSbaltimoreteachingnetwork.org940 Madison Ave Suite L1, 21201-2113 · Baltimore, MDTax-exempt since Oct 1998Publicly supported charity — 170(b)(1)(A)(vi)

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To grow a Network of professional teachers with a stake in public discussions around teaching, learning and schooling in Baltimore and to serve as the operator for democratically run charter schools.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$100K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $661K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$100K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $160K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$25K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.4M
-25% vs prior year
Spent
$7.2M
To programs
88%
Net assets
$1.0M
By yearFY2020–FY2024
Revenue
$7.4M
FY2022▼ -25%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.3M
FY2021$9.9M
FY2022$7.4M
FY2023$6.8M
FY2024$8.2M
FY2024$6.9M
Expenses
$7.2M
FY2022▼ -22%
Tap a bar for its year
Expenses by fiscal year
FY2020$8.4M
FY2021$9.2M
FY2022$7.2M
FY2023$5.7M
FY2024$6.8M
FY2024$8.1M
Net assets
$1.0M
FY2022▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2020$102K
FY2021$846K
FY2022$1.0M
FY2023$2.2M
FY2024$3.7M
FY2024$2.4M

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $6.3M Management & general 12% · $833K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $100K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Dir.
$100,000Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Elijah Etheridge’s $132K as Executive Dir. is at the 100th percentile of top reported officer pay among 250 <$100K arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Elijah Etheridge$131,800$126,713$112,113$100,000$130,479$118,665
Ron Howell$100,641$100,641————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers teachers to lead public discussions and operates democratic charter schools.

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Provided by the organization

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1 program · $6.3M · in their own filed words · FY2021
01

The organization operates two baltimore city charter schools, one based on arts education and the other on project-based learning. About 631 students attend the two schools.

$6.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
50can INCFY2024$160K
Total grants receivedfrom 1 funder$160K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$7.4M
Ln 12
Fees for servicesLn 2g$6.6M
Gifts and grantsLn 1h$714K
Other incomeLn 4–11$26K
Money outPt IX
$7.2M
Ln 25
Programscol B$6.3M
Managementcol C$833K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$672K
Total assetsLn 16$1.1M
LiabilitiesLn 26$25K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$714K
Government grantsLn 1e$25K
Fees for servicesLn 2g$6.6M
Other incomeLn 4–11$26K
Gains on assetsLn 7$0
Total revenueLn 12$7.4M
Assets in detailPt X, end of year
CashLn 1$672K
SavingsLn 2$0
Cash and savings togetherLn 1–2$672K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$170K
Other assetsLn 15$11K
Total assetsLn 16$1.1M
LiabilitiesLn 26$25K
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 570
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$742K$672K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$170K$170K
Total assetsLn 16$946K$1.1M
LiabilitiesLn 26$100K$25K
Net assetsLn 32$846K$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$123K$123K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$3.7M$3.5M$281K
Pension plan contributionsLn 8$64K$31K$33K
Other employee benefitsLn 9$866K$843K$23K
Payroll taxesLn 10$334K$295K$38K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$24K$24K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$44K$27K$16K
Advertising and promotionLn 12$10K$9K$1K
Office expensesLn 13$35K$32K$3K
Information technologyLn 14$69K$63K$6K
RoyaltiesLn 15$0
OccupancyLn 16$592K$513K$79K
TravelLn 17$15K$15K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$141K$112K$29K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$32K$32K
Other expenses (24a–d)Ln 24$933K$844K$90K
All other expensesLn 24e$149K$111K$38K
Total functional expensesLn 25$7.2M$6.3M$833K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $8.2M$6.8M$1.4M$3.7M 990 PDF
FY2023 $6.8M$5.7M$1.1M$2.2M 990 PDF
FY2022 Viewing $7.4M$7.2M$188K$1.0M 990 PDF
FY2021 $9.9M$9.2M$677K$846K 990 PDF
FY2020 $8.3M$8.4M−$105K$102K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $7,352,913 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,639,122$714,083
I-9 Program service revenuePrior year $6,228,602$6,612,347
I-10 Investment income$0
I-11 Other revenuePrior year −$4,012$26,483
I-12 Total revenuePrior year $9,863,712$7,352,913
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $7,970,309$5,120,725
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,216,528$2,044,553
I-18 Total expensesPrior year $9,186,837$7,165,278
I-19 Revenue less expensesPrior year $676,875$187,635
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,352,913 across 11 lines filed
VIII-1b Membership dues$12,361
VIII-1e Government grants$25,000
VIII-1f All other contributions, gifts and grants$676,722
VIII-1h Total contributions, gifts and grants$714,083
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,612,347$6,612,347
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$26,483
VIII-12 Total revenueRelated to mission $6,612,347$7,352,913
Part IX · Statement of functional expenses $7,165,278 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $122,991$122,991
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $3,452,465 · Management $281,443$3,733,908
IX-8 Pension plan contributionsPrograms $31,077 · Management $33,300$64,377
IX-9 Other employee benefitsPrograms $842,865 · Management $23,063$865,928
IX-10 Payroll taxesPrograms $295,135 · Management $38,386$333,521
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $24,249$24,249
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $27,192 · Management $16,500$43,692
IX-12 Advertising and promotionPrograms $9,066 · Management $1,061$10,127
IX-13 Office expensesPrograms $32,014 · Management $3,294$35,308
IX-14 Information technologyPrograms $62,962 · Management $6,102$69,064
IX-15 Royalties$0
IX-16 OccupancyPrograms $512,623 · Management $78,938$591,561
IX-17 TravelManagement $14,529$14,529
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $112,028 · Management $28,959$140,987
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $32,387$32,387
IX-24 Other expenses (24a–d)Programs $843,650 · Management $89,823$933,473
IX-24e All other expensesPrograms $110,996 · Management $38,180$149,176
IX-25 Total functional expensesPrograms $6,332,073 · Management $833,205 · Fundraising $0$7,165,278
Part X · Balance sheet $1,059,166 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $742,437$672,354
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$206,430
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $27,990$0
X-10c Land, buildings and equipment, netStart of year $169,555$169,555
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $6,034$10,827
X-16 Total assetsStart of year $946,016$1,059,166
X-17 Accounts payable and accrued expensesStart of year $69,401$10,063
X-24 Unsecured notes and loans payable$14,493
X-26 Total liabilitiesStart of year $99,547$24,556
X-27 Net assets without donor restrictionsStart of year $846,469$1,034,610
X-32 Total net assets or fund balancesStart of year $846,469$1,034,610
X-33 Total liabilities and net assetsStart of year $946,016$1,059,166
Part XI · Reconciliation of net assets $1,034,610 net assets at year end
XI-1 Total revenue$7,352,913
XI-2 Total expenses$7,165,278
XI-3 Revenue less expenses$187,635
XI-4 Net assets at start of year$846,469
XI-8 Prior period adjustments$506
XI-10 Net assets at end of year$1,034,610

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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