To create a high quality, innovative teaching and learning environment that focuses on literacy, integrating state-of-the-art technologies across the core curriculum to achieve academic proficiency for all students.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$1.2M 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

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $2.1M a year · 10% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
14 mo
of spending, in cash
Looks good: 13.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$42.3M
74% of total assets
Worth a look: liabilities are 74% of assets; over 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21.6M
-2% vs prior year
Spent
$19.9M
To programs
63%
Net assets
$15.2M
By yearFY2020–FY2025
Revenue
$21.6M
FY2023▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$14.8M
FY2021$17.9M
FY2022$22.0M
FY2023$21.6M
FY2024$25.0M
FY2025$24.2M
Expenses
$19.9M
FY2023▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$13.0M
FY2021$13.2M
FY2022$17.4M
FY2023$19.9M
FY2024$24.7M
FY2025$24.9M
Net assets
$15.2M
FY2023▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.3M
FY2021$9.0M
FY2022$13.4M
FY2023$15.2M
FY2024$15.6M
FY2025$14.9M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2004.

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

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $12.4M Management & general 37% · $7.4M

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

12 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$258,650Pt VII · Sec A
Superintendent
$255,739Pt VII · Sec A
Assistant Superintendent
$192,314Pt VII · Sec A
Dir. of Gov. and Compliance
$137,825Pt VII · Sec A
Chief Academic Officer (end 11/22)
$136,045Pt VII · Sec A
Dir. of Ops and Data Strategy
$132,146Pt VII · Sec A
Academic Data Director
$126,567Pt VII · Sec A
$0Pt VII · Sec A

Matt Brown’s $339K as COO & CFO is at the 53rd percentile of top reported officer pay among 749 $10–100M 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Matt Brown$339,415$326,080$258,650$195,725$141,822$125,439
Dr Raul Carranza$331,236—————
Raul Carranza—$322,379$255,739$199,557$157,165$151,469
Dr Maria Pimienta$249,792—————
Maria Pimienta—$222,369$192,314———
Beth Bulgeron$198,081$169,959$137,825———
Enrique Robles$180,476$160,783$132,146———
Suzette Torres$166,645$148,840$126,567———

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.

See Teach INC executive salaries →

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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

Improves teaching and learning through innovative environments.

Questions for Teach INC

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Your first name shows with your question. Teach INC answers here, for everyone.

Provided by the organization

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1 program · $12.4M · in their own filed words · FY2022
01

Teach INC.'S primary mission is to provide exceptional educational opportunities to students in underserved communities through the operation of public charter schools. Our goal for the 2022-2023 academic year was to enhance educational outcomes, foster a nurturing learning environment, and prepare students from transitional kindergarten…

$12.4Mprogram expense

Funders

Who pays for it.

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

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$21.6M
Ln 12
Gifts and grantsLn 1h$21.4M
Investment incomeLn 3$171K
Other incomeLn 4–11$10K
Money outPt IX
$19.9M
Ln 25
Programscol B$12.4M
Managementcol C$7.4M
Owns and owesPt X
$15.2M
net assets · Ln 32
Cash and savingsLn 1–2$23.0M
Total assetsLn 16$57.5M
LiabilitiesLn 26$42.3M
PeoplePt VI, VII
12
listed · VII A
PaidVII A7
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21.4M
Government grantsLn 1e$21.4M
Investment incomeLn 3$171K
Other incomeLn 4–11$10K
Total revenueLn 12$21.6M
Assets in detailPt X, end of year
CashLn 1$5.2M
SavingsLn 2$17.8M
Cash and savings togetherLn 1–2$23.0M
Land, buildings, equipmentLn 10c$30.0M
Total assetsLn 16$57.5M
LiabilitiesLn 26$42.3M
Net assetsLn 32$15.2M
OperationsPt I, VI
EmployeesI 5160
VolunteersI 65
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 FY23End FY23
Cash and savingsLn 1–2$15.4M$23.0M
Land, buildings, equipmentLn 10c$30.6M$30.0M
Total assetsLn 16$51.6M$57.5M
LiabilitiesLn 26$38.1M$42.3M
Net assetsLn 32$13.4M$15.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$633K$557K$76K
Other salaries and wagesLn 7$7.2M$5.0M$2.2M
Pension plan contributionsLn 8$1.0M$754K$254K
Other employee benefitsLn 9$722K$506K$216K
Payroll taxesLn 10$384K$276K$108K
Management feesLn 11a$238K$238K
Legal feesLn 11b$23K$23K
Accounting feesLn 11c$46K$46K
Other fees for servicesLn 11g$4.0M$3.9M$127K
Advertising and promotionLn 12$15K$15K
Office expensesLn 13$427K$427K
OccupancyLn 16$787K$434K$353K
TravelLn 17$82K$19K$64K
InterestLn 20$1.8M$1.8M
Depreciation, depletion and amortizationLn 22$1.3M$120K$1.2M
InsuranceLn 23$199K$199K
Other expenses (24a–d)Ln 24$1.0M$897K$115K
Total functional expensesLn 25$19.9M$12.4M$7.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $24.2M$24.9M−$733K$14.9M 990 PDF
FY2024 $25.0M$24.7M$367K$15.6M 990 PDF
FY2023 Viewing $21.6M$19.9M$1.7M$15.2M 990 PDF
FY2022 $22.0M$17.4M$4.6M$13.4M 990 PDF
FY2021 $17.9M$13.2M$4.7M$9.0M 990 PDF
FY2020 $14.8M$13.0M$1.8M$4.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $21,559,747 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $21,966,157$21,378,641
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $17,778$171,102
I-11 Other revenuePrior year $2,715$10,004
I-12 Total revenuePrior year $21,986,650$21,559,747
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $8,674,911$9,991,965
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $8,757,023$9,875,069
I-18 Total expensesPrior year $17,431,934$19,867,034
I-19 Revenue less expensesPrior year $4,554,716$1,692,713
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $21,559,747 across 6 lines filed
VIII-1e Government grants$21,377,261
VIII-1f All other contributions, gifts and grants$1,380
VIII-1h Total contributions, gifts and grants$21,378,641
VIII-3 Investment incomeExcluded from tax $171,102$171,102
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $10,004$10,004
VIII-12 Total revenueRelated to mission $10,004 · Unrelated business $0 · Excluded from tax $171,102$21,559,747
Part IX · Statement of functional expenses $19,867,034 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $557,236 · Management $75,986$633,222
IX-7 Other salaries and wagesPrograms $5,012,115 · Management $2,232,430$7,244,545
IX-8 Pension plan contributionsPrograms $754,356 · Management $254,272$1,008,628
IX-9 Other employee benefitsPrograms $506,273 · Management $215,611$721,884
IX-10 Payroll taxesPrograms $275,631 · Management $108,055$383,686
IX-11a Management feesManagement $238,225$238,225
IX-11b Legal feesManagement $23,262$23,262
IX-11c Accounting feesManagement $46,044$46,044
IX-11g Other fees for servicesPrograms $3,866,587 · Management $127,351$3,993,938
IX-12 Advertising and promotionManagement $15,100$15,100
IX-13 Office expensesManagement $426,625$426,625
IX-16 OccupancyPrograms $433,970 · Management $353,265$787,235
IX-17 TravelPrograms $18,608 · Management $63,855$82,463
IX-20 InterestManagement $1,774,605$1,774,605
IX-22 Depreciation, depletion and amortizationPrograms $120,361 · Management $1,156,290$1,276,651
IX-23 InsuranceManagement $198,567$198,567
IX-24 Other expenses (24a–d)Programs $897,418 · Management $114,936$1,012,354
IX-25 Total functional expensesPrograms $12,442,555 · Management $7,424,479 · Fundraising $0$19,867,034
Part X · Balance sheet $57,455,195 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $11,927,498$5,183,993
X-2 Savings and temporary cash investmentsStart of year $3,491,712$17,806,839
X-3 Pledges and grants receivableStart of year $3,957,902$3,169,698
X-4 Accounts receivableStart of year $1,443,385$1,125,039
X-9 Prepaid expenses and deferred chargesStart of year $192,763$181,058
X-10c Land, buildings and equipment, netStart of year $30,560,454$29,988,568
X-16 Total assetsStart of year $51,573,714$57,455,195
X-17 Accounts payable and accrued expensesStart of year $1,978,469$2,101,083
X-19 Deferred revenueStart of year $970,031$5,416,443
X-20 Tax-exempt bond liabilitiesStart of year $35,006,637$34,658,310
X-24 Unsecured notes and loans payableStart of year $188,452$115,254
X-26 Total liabilitiesStart of year $38,143,589$42,291,090
X-27 Net assets without donor restrictionsStart of year $13,430,125$15,164,105
X-32 Total net assets or fund balancesStart of year $13,430,125$15,164,105
X-33 Total liabilities and net assetsStart of year $51,573,714$57,455,195
Part XI · Reconciliation of net assets $15,164,105 net assets at year end
XI-1 Total revenue$21,559,747
XI-2 Total expenses$19,867,034
XI-3 Revenue less expenses$1,692,713
XI-4 Net assets at start of year$13,430,125
XI-5 Net unrealized gains (losses) on investments$41,267
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$15,164,105

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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