2025-04-24T14:55:50-05:00 2024-06-30 341874260 CBIZ ADVISORS LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2023-07-01 475135488 THE EDUCATOR ACADEMY INC EDUC 8162985660 1712 MAIN ST 200 KANSAS CITY MO 64108 CHARLES KING CHIEF EXECUTIVE OFFICER 8162985660 2025-04-24 1 1 LISA BURKE P00220718 8169455500 2025-04-24 2023 2025-03-06 01:10:19Z X CHARLES KING 1712 MAIN ST 200 KANSAS CITY MO 64108 5793488 0 X EDUCATOR-ACADEMY.ORG X 2015 MO WE RECRUIT, DEVELOP, PLACE, AND RETAIN EDUCATORS WORKING IN KC AREA SCHOOLS. 8 8 62 18 0 0 8826785 2807378 510056 276452 84801 237591 51770 2308 9473412 3323729 165521 100463 0 0 2623620 2212948 0 0 193892 1021636 928596 3810777 3242007 5662635 81722 8012710 8100377 569459 502541 7443251 7597836 X WE RECRUIT, CULTIVATE, SUPPORT, AND RETAIN A DIVERSE NETWORK OF EMPOWERED AND EFFECTIVE EDUCATORS. WE PREPARE TEACHERS TO CREATE TRANSFORMATIVE AND EQUITABLE CLASSROOM EXPERIENCES FOR ALL STUDENTS IN THE COMMUNITIES WE SERVE. 1 0 2759332 100463 276452 THE EDUCATOR ACADEMY RECRUITS, PREPARES, PLACES, AND RETAINS PASSIONATE INDIVIDUALS TO JOIN THE TEACHING PROFESSION. WE STRIVE TO DEVELOP THESE TEACHERS INTO EFFECTIVE, COMPASSIONATE, AND ANTIRACIST EDUCATORS WHO WORK TO ENSURE KIDS RECEIVE A QUALITY EDUCATION. WE DO THIS THROUGH A TEACHER RESIDENCY MODEL, WHICH ALLOWS RESIDENTS TO HONE THEIR TEACHING SKILLS BY SERVING AS AMERICORPS MEMBERS IN MENTOR TEACHERS' CLASSROOMS FOR A FULL SCHOOL YEAR. RESIDENTS EARN THEIR TEACHING CERTIFICATION, RECEIVE INSTRUCTIONAL COACHING, ENGAGE IN COURSEWORK, AND PARTICIPATE IN AND BENEFIT FROM THEIR AMERICORPS MEMBERSHIP. THIS RIGOROUS DEVELOPMENT MODEL HELPS OUR RESIDENT TEACHERS BECOME THE EDUCATORS THE STUDENTS OF KANSAS CITY DESERVE. 2759332 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 63 0 1 62 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 MO X CHARLES KING CHIEF EXECUTIVE OFFIC 8162985660 1712 MAIN ST STE 200 KANSAS CITY MO 64108 MICHAEL ROANE CHAIRMAN 2.00 X X 0 0 0 JAMIE RICE TREASURER 2.00 X X 0 0 0 JULIE PINE SECRETARY 2.00 X X 0 0 0 CHASE BARNES DIRECTOR 1.00 X 0 0 0 RENEE LAWRENCE DIRECTOR 1.00 X 0 0 0 NATALIE LEWIS DIRECTOR (TERM START 12/2023) 1.00 X 0 0 0 ANDREA LOPEZ DIRECTOR 1.00 X 0 0 0 MICHAEL RALPH DIRECTOR 1.00 X 0 0 0 CHARLES KING CHIEF EXECUTIVE OFFICER 40.00 X 121581 0 20843 CHARLES CORDT DIRECTOR OF DEVELOPMENT 40.00 X 100615 0 8420 222196 0 29263 2 0 0 0 0 416418 2390960 2807378 DISTRICT FEES 611430 276452 276452 276452 233924 233924 2473426 2469759 3667 3667 3667 2308 2308 2308 3323729 276452 0 239899 100463 100463 147537 59014 29508 59015 1740375 1627012 41999 71364 25742 23858 704 1180 158548 145509 4722 8317 140746 126160 5176 9410 30891 30891 136570 136570 6742 6742 98522 89041 9481 57257 52676 4581 35605 30754 2351 2500 96317 84374 4238 7705 149511 130972 6579 11960 51576 45181 2269 4126 154267 135138 6788 12341 983 861 43 79 16418 14382 722 1314 FACULTY & CURRICULUM 93937 93937 3242007 2759332 288783 193892 1307074 1276707 5401029 494728 567543 454392 137620 68456 79005 97559 25914 24091 2806 1823 0 5301592 517633 405120 8012710 8100377 41617 39197 59184 105052 468658 358292 569459 502541 X 6893281 7196376 549970 401460 7443251 7597836 8012710 8100377 81722 72863 0 X X 0 1 X 1 0 X 2436925 2723939 3469009 8826785 2807378 20264036 2436925 2723939 3469009 8826785 2807378 20264036 3959496 16304540 77 651 615 132456 233924 367723 374 17659 3854 21887 20653646 2427477 0.78940 0.69610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16086 16086 0 9828 8005 1823 1823 RIGHT OF USE ASSETS 348420 SECURITY DEPOSITS 56700 405120 LEASE LIABILITY 358292 358292 X 3389850 72863 72863 3316987 6742 6742 3323729 3235265 0 3235265 6742 6742 3242007 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND EXEMPT FROM STATE INCOME TAXES UNDER THE LAWS OF THE STATE OF MISSOURI. THE ORGANIZATION HAS ADOPTED THE STANDARDS REQUIRING DISCLOSURE OF UNCERTAIN TAX POSITIONS UNDER ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, "INCOME TAXES." THERE HAS NOT BEEN ANY INTEREST OR PENALTIES RECOGNIZED EITHER IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS OR IN THE STATEMENTS OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, THE ORGANIZATION DID NOT IDENTIFY ANY MATERIAL UNCERTAIN TAX POSITIONS AT JUNE 30, 2024 OR 2023. 1 BLACK EDUCATOR INITIATIVE SUPPORT PAYMENTS 32 12475 0 N/A N/A LICENSING, CERTIFICATION, AND OTHER RESIDENT EXPENSES 32 15563 0 N/A N/A SCHOLARSHIPS 13 72425 0 N/A N/A PART I, LINE 2: THE EDUCATOR ACADEMY (EA) RECEIVES FUNDING FROM THE NATIONAL CENTER FOR TEACHER RESIDENCIES (NCTR) TO EXPAND AND IMPROVE ITS EFFORTS TO RECRUIT AND DEVELOP BLACK TEACHERS FOR PARTNER SCHOOL DISTRICTS AND CHARTER MANAGEMENT ORGANIZATIONS. THE AWARD COMES THROUGH NCTR'S BLACK EDUCATORS INITIATIVE, A FIVE-YEAR, $20-MILLION EFFORT TO RECRUIT AND TRAIN 750 NEW BLACK TEACHERS THROUGH NCTR'S NATIONWIDE NETWORK OF TEACHER RESIDENCY PROGRAMS. EA WAS ONE OF EIGHT RESIDENCIES CHOSEN TO HELP LAUNCH NCTR'S BLACK EDUCATORS INITIATIVE. THIS GRANT WILL ALLOW EA TO ENHANCE ITS RECRUITMENT OF FUTURE BLACK EDUCATORS. IT WILL ALSO PROVIDE SCHOLARSHIPS TOWARDS A MASTER'S DEGREE, EMERGENCY FUNDING, TEACHER CERTIFICATION TEST PREP, AND CERTIFICATION TESTING FEES FOR BLACK EDUCATORS IN THE RESIDENCY PROGRAM. GRANTS ARE PAID TO A THIRD PARTY ON BEHALF OF THE GRANTEES. EA REQUIRES SUBMISSION OF RECEIPTS/INVOICES FROM THE VENDOR. ADDITIONALLY, AN APPLICATION STATING THE NEED AND AMOUNT IS REQUIRED TO BE FILED WITH EA. FORM 990, PART III, LINE 2 IN ADDITION TO PREPARING TEACHERS THROUGH THE RESIDENCY MODEL, WE ALSO DEVELOPED TEACHERS THROUGH A FELLOWSHIP MODEL WHICH ALLOWS INDIVIDUALS WHO ARE ALREADY IN TEACHING POSITIONS TO GROW IN THEIR CRAFT AND OBTAIN A STATE CERTIFICATION. FELLOWS RECEIVE INSTRUCTIONAL COACHING AND ENGAGE IN EXTENDED COURSEWORK. THIS RIGOROUS DEVELOPMENT MODEL UPSKILLS FELLOWS INTO STRONGER TEACHERS FOR KANSAS CITY STUDENTS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS FIRST REVIEWED BY CHARLES KING, CHIEF EXECUTIVE OFFICER, AND BETH BENKERT, CHIEF OPERATING OFFICER. THE 990 IS THEN SENT TO THE FULL BOARD FOR REVIEW AND APPROVAL AND ANY BOARD MEMBER QUESTIONS ARE DISCUSSED VIA EMAIL OR DURING BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 12C EDUCATOR ACADEMY ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY HAVING ALL EMPLOYEES AND BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST FORM FOR THEM AND THEIR FAMILIES, ALONG WITH EMBEDDING THE POLICY IN THE EMPLOYEE HANDBOOK WHERE IT IS SIGNED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED BASED ON A THOROUGH COMPENSATION STUDY DONE BY AN EXTERNAL CONSULTANT. THE LATEST COMPENSATION SURVEY WAS COMPLETED ON APRIL 5, 2024. THE BOARD AND CHIEF EXECUTIVE OFFICER THEN DETERMINE A COMPENSATION PHILOSOPHY TO ENABLE EA TO ATTRACT HIGH QUALITY TALENT TO HELP THEM REACH THE GOALS THAT HAVE BEEN SET BY THE ORGANIZATION AND THAT CONTRIBUTE TO THE MISSION OF THE ORGANIZATION. USING THOSE TWO PIECES OF INFORMATION, THE CHIEF EXECUTIVE OFFICER RECOMMENDS CURRENT SALARIES AND THE BOARD APPROVES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 1: THE ORGANIZATION'S FINANCIAL STATEMENTS HAVE BEEN PREPARED ON THE MODIFIED CASH BASIS OF ACCOUNTING, WHICH DIFFERS FROM ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. UNDER THIS METHOD OF ACCOUNTING, RESIDENT AGREEMENT AND SCHOLARSHIP PAYMENTS ARE REFLECTED AS AN EXPENSE ON THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS - MODIFIED CASH BASIS AND THE STATEMENTS OF FUNCTIONAL EXPENSES - MODIFIED CASH BASIS IN THE YEAR THE PAYMENT IS MADE TO THE RESIDENT AND THE SCHOLAR. ALL OTHER ELEMENTS OF THE FINANCIAL STATEMENTS ARE MAINTAINED ON AN ACCRUAL BASIS OF ACCOUNTING IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.