EIN 26-4440905

Memphis Teacher Residency

IRS 501(c) type
501(c)(3)
Num. employees
33
Year formed
2009
Most recent tax filings
2024-05-01
NTEE code, primary
Description
Memphis Teacher Residency recruits, equips, and retains educators to work within under-resourced neighborhoods in Memphis. As a response to the Gospel mandate to love our neighbors as ourselves, MTR aims to provide students in low-income Memphis neighborhoods with the same or better quality of education as any child in Memphis receives. The program participants are paired with an experienced mentor teacher, receiving both classroom learning and practical experience.
Total revenues
$6,665,811
2024
Total expenses
$5,429,643
2024
Total assets
$17,899,568
2024
Num. employees
33
2024

Program areas at Memphis Teacher Residency

Recruit, equips, and retains educators and teachers to work within Memphis, Tennessee under-resourced neighborhoods and provide the opportunity to receive classroom learning along with practical experience since the program participants are paired with an experienced mentor-teacher in their content area for four days per week for an entire school year. Each successful participant will receive endorsements for elementary education or secondary education in math, biology, physics, chemistry, spanish, history or english. Each successful participant will receive the following: : masters of arts in teaching through christian brothers university : intensive classroom experience within Memphis under-resourced neighborhood schools : state of Tennessee educator license : living and housing stipend for the 12 month training period : on-going evaluation and mentoring : leadership opportunitiesthe estimated cost for each participant in the 12 month training program is approximately $51,000. The number of program participants for the year ended may 31, 2024 is 33.

Who funds Memphis Teacher Residency

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Christian Community Foundation of Memphis and the Mid-SouthEducational$609,397
Community Foundation of Greater MemphisGeneral Operational Support$395,633
Crews Family FoundationGeneral - Operating$250,000
...and 19 more grants received totalling $2,060,129

Personnel at Memphis Teacher Residency

NameTitleCompensation
David MontagueExecutive Director$117,756
Bridget GentryDirector of Operations and Finance
Angie GardnerDirector of Development
Portia OwensGraduate Development Director
Floresha SmithRecruiting Director
...and 12 more key personnel

Financials for Memphis Teacher Residency

RevenuesFYE 05/2024
Total grants, contributions, etc.$4,735,844
Program services$1,771,637
Investment income and dividends$158,330
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,665,811

Form 990s for Memphis Teacher Residency

Fiscal year endingDate received by IRSFormPDF link
2024-052024-09-04990View PDF
2023-052023-11-14990View PDF
2022-052022-08-29990View PDF
2021-052022-01-27990View PDF
2020-052021-04-12990View PDF
...and 11 more Form 990s
Data update history
October 20, 2024
Posted financials
Added Form 990 for fiscal year 2024
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $8,173 from City Leadership
July 11, 2024
Received grants
Identified 3 new grant, including a grant for $184,300 from National Center for Teacher Residencies (NCTR)
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $609,397 from Christian Community Foundation of Memphis and the Mid-South
April 19, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsK-12 schoolsEducational service providersCharities
Issues
EducationHuman servicesJobs and employment
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1350 Concourse Ave Suite 366
Memphis, TN 38104
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
memphistr.org/ 
Phone
(901) 937-4687
IRS details
EIN
26-4440905
Fiscal year end
May
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
Free account sign-up

Want updates when Memphis Teacher Residency has new information, or want to find more organizations like Memphis Teacher Residency?

Create free Cause IQ account