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National Center for Teacher Residencies

Chicago, IL · EIN 26-0869607 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

National Center for Teacher Residencies reported $12.0 million in revenue and $12.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.15 went to program services, $9.37 to management and general costs and $3.48 to fundraising. Its largest source of revenue was contributions and grants: 86.9% of the total. Government grants made up 11.3%. The highest compensation it reported for one person was $284,962 (CEO). 17 people received more than $100,000 in reportable compensation. Revenue rose 438% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
87.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
9.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
86.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
11.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
9.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$284,962$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.29%1.28%
People paid over $100,000
Part VII, line 2
178
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.113.3
Independent voting board members
Part VI 1a–1b
11 of 11100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$11M expenses · 100.0% of program spending · grants $7.0M · revenue $1.2M

Nctr directly impacts the teacher workforce by partnering with school districts, charter management organizations (cmos), nonprofit organizations, state education agencies (seas), and institutions of higher education (ihes) to provide evidence-based support to teacher residency programs, while guided by its research-based teacher residency model

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.00 hrs/week
$263,250$0$21,712$284,962
COO
Officer, 40.00 hrs/week
$199,368$0$24,102$223,470
CHIEF GROWTH OFFICER
Officer, 40.00 hrs/week
$195,206$0$9,760$204,966
MANAGING DIRECTOR OF DEVELOPMENT
Key employee, 40.00 hrs/week
$159,629$0$33,673$193,302
CHIEF PROGRAM OFFICER
Officer, 40.00 hrs/week
$182,828$0$4,920$187,748
MANAGING DIRECTOR OF PROGRAMS
Highest compensated employee, 40.00 hrs/week
$146,420$0$12,306$158,726
MANAGING DIRECTOR OF PROGRAMS
Highest compensated employee, 40.00 hrs/week
$145,180$0$11,614$156,794
PROGRAM DIRECTOR
Highest compensated employee, 40.00 hrs/week
$125,241$0$23,161$148,402

17 people received more than $100,000 in reportable compensation from National Center for Teacher Residencies (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$12M87.1%$6.3M$284,962
FY2024 ⓘ$15M$13M88.9%$6.5M$289,311
FY2023 ⓘ$9.5M$9.7M87.0%$3.5M$186,926
FY2022 ⓘ$9.8M$7.7M85.3%$3.9M$265,319
FY2021 ⓘ$11M$11M90.6%$1.7M$200,375
FY2020 ⓘ$2.2M$6.8M85.3%$1.8M$237,053

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 526
  • Volunteers Part I, line 611

Private foundation grants it received

7 private foundations reported grants to National Center for Teacher Residencies totaling $2.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from National Center for Teacher Residencies's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for National Center for Teacher Residencies, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Illinois

Questions people ask

How much of National Center for Teacher Residencies's spending goes to programs?

In the fiscal year ending June 30, 2025, National Center for Teacher Residencies reported that 87.1% of its $12.4 million in expenses went to program services, 9.4% to management and general and 3.5% to fundraising (Form 990, Part IX).

How much does National Center for Teacher Residencies pay its top executive?

The largest total compensation National Center for Teacher Residencies reported for one person in the fiscal year ending June 30, 2025 was $284,962, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does National Center for Teacher Residencies get its money?

Of $12.0 million in revenue in the fiscal year ending June 30, 2025, 86.9% came from contributions and grants (including 11.3% from government grants) and 9.9% from program service revenue (Form 990, Part VIII).

Is National Center for Teacher Residencies a registered charity?

The IRS lists EIN 26-0869607 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620699349301752 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540749349300509 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441349349305059 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341219349302244 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202113129349301811 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130439349302308 · read the filing

All filings for EIN 26-0869607: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.