Teacher Accelerator Program Inc
Nonprofit profile at a glance
- EIN
- 921948323
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- Miami, FL, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $2,425,920
- Expenses
- $2,299,160
- Assets
- $2,505,869
- Liabilities
- $2,214,888
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- LESLIE MILLER SAIONTZ (PRESIDENT)
Highest reported compensation
- JASMINE CALIN-MICEK (SENIOR DIREC): $130,623 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The teacher accelerator program (tap) is our community's solution to the teacher shortage. Tap provides college seniors not majoring in education and career-changing professionals with degrees not in the field of education with training to become full-time teachers. Tap facilitates hire within miami-dade county public schools (m-dcps), charter schools, and private schools, and guarantees job placement as a full-time teacher. Tap consists of 4 components: (1) a college/university teaching course in partnership with the university of miami (um), miami-dade college (mdc), Florida international university (fiu), barry university, and broward college, (2) a paid summer internship in partnership with m-dcps and achieve miami where tap participants teach students enrolled in the summer 305 program, (3) certification support, and (4) mentorship throughout the first year teaching. Tap's mission is to "ensure every student has a qualified teacher in the classroom." tap is dedicated to creating a
What it reported doing in 2024
The teacher shortage is acutely affecting elementary, middle, and high school students across the nation. As recently as the start of the 2023- 2024 school year, there were over 5,000 teacher vacancies across Florida. Achieve miami's teacher accelerator program has tackled this problem through an innovative partnership with dynamic community partners dedicated to creating a teacher pipeline that fills this vital need. In its inaugural year (2023), tap operated even more successfully than anticipated and developed a clear, scalable solution to the teacher shortage affecting our community. Tap's second year included exciting milestones, highlighted below: - tap recruited and trained 210 teacher candidates in the second program year. - tap expanded its college course offerings from 9 courses offered to 15 courses offered. - tap candidates completed a total of 52.5 hours of classroom learning and 340 hours of professional development to ensure they were prepared to teach. - created a robust mentorship model based on a culture of excitement regarding the profession of teaching. - tap expanded its network to include additional partners and community stakeholders. - tap increased its staff capacity by creating a new part-time administrative role and increasing the number of summer staff. - over 90% of tap candidates indicated they felt prepared to teach. - 95% of tap candidates feel supported in becoming a teacher. - over 95% of tap candidates self-reported as "strong starters," indicating that they can responsibly begin a school year with the necessary skills and knowledge needed to lead a classroom of learners.
Operating model
- Revenue model
- Donor-supported. 88% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 92
- Accountability: 85
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.5%; rating input score 82
- Program expense ratio: 86.3%; rating input score 86
- Fundraising efficiency: $19.8 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 13th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.2%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 1.09; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.88; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 5.7%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: 35.9% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 36.7% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 25.7% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 82.5% of revenue deployed · 86.3% of spending went to programs
- Governance: 3 of 4 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $131K · 6 people listed
- Highest-paid contractors: 1 contractor listed · $104K reported
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 59/100.
- Review — Sustainability: Operating margin scored 51/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.