Teensharp

Nonprofit profile at a glance

EIN
272246880
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Wilmington, DE, USA
Phone
6092273625
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development N.E.C.

Official website

Reported finances

Revenue
$901,776
Expenses
$1,175,547
Assets
$703,285
Liabilities
$68,296

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • ATNREAKN ALLEYNE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ATNREAKN ALLEYNE (EXECUTIVE DIRECTOR): $154,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

[refer to schedule o for continuation of mission] - teensharp is a unique learning community where black, latino, and low-income students are supported to be successful, high-achieving, and reaching potential. We do so by providing a caliber of college advising, academic instruction, leadership development, and tutoring that's typically reserved for private school settings. Our core programs (described below) are striver, g2c academy, and parent network. Combined, they span the calendar year. Since our founding in 2009, teensharp has sent more than 400 young people to four-year colleges, including mit, cornell, yale, princeton, university of Pennsylvania, macalester, northeastern, and many more. Our vision is that, one day, the diversity of those who occupy the nation's most influential leadership positions and highly-skilled jobs will reflect the nation's rich diversity.

What it reported doing in 2024

In 2024-2025, teensharp continued its mission to prepare high-achieving black, latino, and low-income students for admission to top colleges and academic success. Now in its 16th year, teensharp has served over 500 alumni and currently supports 1,500+ students and families through college readiness assessments, a bilingual parent network, parent advocacy education, and cultural enrichment like the black history challenge. Teensharp maintains a 10-year commitment to each student and their family.the striver program accepted 109 scholars from 16 states (~20% acceptance rate), with applicants now being received from over 29 states. Scholars engaged in 50+ hours of personalized advising annually, completed 5+ summer program applications and 15+ college applications each, and families participated in 30+ hours of enrichment programming.teensharp striver college admissions outcomes include: 100% of seniors admitted to 4-year colleges. 96% attend top institutions that meet full financial need. 95% are on track to graduate in 4 years. Graduates have an average debt under $15,000 - less than half the national average for black graduates.teensharp continues to grow its impact through the Delaware goes to college academy, which in 2025 had close to 500 students registered, 314 joined and actively engaged in our online community, and 226+ participated in the weeklong program, along with over 100 parents attending the virtual parent workshop in its 9th year. Now in its 10th year in Delaware, teensharp students continued to break barriers in selective college admissions despite national declines in black and latino enrollment.in 2024-2025, teensharp alumni programming showed promising results through career and financial coaching. As a result, 100% of participants reported increased financial knowledge, all left with a clear understanding of their net worth and a comprehensive budget, and confidence in managing financial relationships rose. On average, participants increased their net worth by $5,544 and savings by $4,558, with full-time workers increasing their net worth by $18,247 and savings by $10,470, demonstrating strong progress toward long-term financial stability. Our alumni continue to secure competitive opportunities at amazing institutions before and after graduation.

Operating model

Revenue model
Donor-supported. 81% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 19
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.2%; rating input score 71
  • Program expense ratio: 54.5%; rating input score 54
  • Fundraising efficiency: $6.88 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 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: 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: -30.4%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.6; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 13.1%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: -0.4% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 11.4% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 71.2% of revenue deployed · 54.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $640K in reported program spending
  • Leadership: top reported pay $154K · 9 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • High — Financial Efficiency: Fundraising efficiency scored 26/100.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.