Tch Legacy Inc
Nonprofit profile at a glance
- EIN
- 273710799
- IRS 990 coverage
- 2011–2017
- Forms available
- Form 990 2017, Form 990-N 2010
- Location
- San Francisco, CA, USA
- Phone
- 4158004288
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Television
Reported finances
- Revenue
- $3,642,732
- Expenses
- $5,022,389
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- GEORGE LICHTER (CEO)
Highest reported compensation
- GEORGE LICHTER (CEO): $120,630 total reported compensation
- SCOTT BROGI (COO): $103,225 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Tch legacy inc. Provides a video showcase - on the internet and television - of inspiring and effective teaching practices in america's schools. With the help of the teaching channel community, our mission is to revolutionize how teachers learn, connect, and inspire each other to improve the outcomes for all k-12 students across america.
What it reported doing in 2017
Video production/ free website portal: www.teachingchannel.org as a free learning platform features over 1,500 instructional videos with frequent blogs and articles to assist teachers in their professional development. Website has 425,000 monthly unique users, which results in 18k video uploads per month, and 1.4mm pages views per month.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 81
- Accountability: 100
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 82.5%; rating input score 82
- Fundraising efficiency: $7.66 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
- Major donor itemization: No; rating input score 0
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -37.9%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 4.5%; rating input score 53; 53rd percentile among comparable filings
Growth
- Program expense growth: -11.3% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -7.8% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -11.2% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 82.5% of spending went to programs
- Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $4.1M in reported program spending
- Leadership: top reported pay $121K · 7 people listed
- Highest-paid contractors: 1 contractor listed · $174K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 6 filing years from 2011 to 2017
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Major donor itemization scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 53/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.