EIN 13-4011465

The Teak Fellowship

IRS 501(c) type
501(c)(3)
Num. employees
66
Year formed
1998
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Teak Fellowship helps NYC's talented, low-income students earn admission to selective secondary schools and colleges through comprehensive high school programs.
Total revenues
$6,110,193
2023
Total expenses
$4,485,588
2023
Total assets
$21,252,709
2023
Num. employees
66
2023

Program areas at The Teak Fellowship

Admissions programming:each year, Teak searches for The most ambitious, motivated, and hard-working 6th graders in new york city to join The Fellowship. Teak's admissions team organizes community outreach events and hosts information sessions for prospective families and school administrators across new york city's boroughs. Prospective fellows begin The application process in The first quarter of their 6th grade year and are accepted by The end of that same school year. Once interested families have attended an information session and have an understanding of The program expectations as well as The academic and financial requirements for admission, each is invited to complete an application to Teak. The application process is highly competitive and consists of two rounds which include: a written student portion, family financial documents and short answers, teacher recommendations, standardized test scores, and interviews.

Who funds The Teak Fellowship

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$180,835
Heckscher Foundation for ChildrenCollege Access and Support$175,000
National Philanthropic TrustHuman Services$111,000
...and 42 more grants received totalling $1,836,607

Personnel at The Teak Fellowship

NameTitleCompensation
Dr. Denise Brown-AllenExecutive Director$266,844
Mark SantiagoDirector of Operations
Michelle KimSenior Director of Finance and Operations / Director of Business Operations$122,500
Lina KoDirector of Finance and Administration
Maggie RiehlDirector of Communications and Development
...and 12 more key personnel

Financials for The Teak Fellowship

RevenuesFYE 12/2023
Total grants, contributions, etc.$6,031,239
Program services$0
Investment income and dividends$522,184
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-32,304
Net income from fundraising events$-410,926
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,110,193

Form 990s for The Teak Fellowship

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-04990View PDF
2022-122023-10-20990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
...and 9 more Form 990s

Organizations like The Teak Fellowship

OrganizationLocationRevenue
One Million DegreesChicago, IL$26,152,227
Communities in Schools of the South PlainsLubbock, TX$8,110,067
Black Men TeachSaint Paul, MN$2,189,962
SulamRockville, MD$3,263,319
ExpandED SchoolsNew York, NY$15,447,228
Greater Enrichment ProgramCharlotte, NC$1,686,489
High JumpChicago, IL$3,490,034
College PossibleSaint Paul, MN$24,598,991
Governor's Institutes of VermontWinooski, VT$1,718,079
Out TeachWashington, DC$2,654,940
Data update history
October 3, 2024
Updated personnel
Identified 11 new personnel
September 21, 2024
Received grants
Identified 17 new grant, including a grant for $75,000 from The Sidley Austin Foundation
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $50,000 from General Atlantic Foundation
February 3, 2024
Received grants
Identified 12 new grant, including a grant for $100,000 from The Earl and Anna Broady Foundation
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsEducational service providersCharities
Issues
EducationHuman services
Characteristics
Fundraising eventsEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
16 W 22nd St 3rd Floor 301
New York, NY 10010
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
teakfellowship.org/ 
Phone
(212) 288-6678
IRS details
EIN
13-4011465
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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