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TEAK Fellowship INC

Public charity
Other · NEW YORK, NY · EIN 13-4011465

About

The TEAK fellowship, INC. ("TEAK") believes that motivation and potential, not economic circumstances, should determine a student's future. TEAK unlocks access to outstanding education and transformative experiences for exceptional NYC students, who use these opportunities to change their lives and the world around them.

Donations are tax-deductible
Category
Other
Employees
66
Volunteers
350

Financial Snapshot

FY ending 2023-12-31
Revenue
$6.1M
Expenses
$4.5M
Assets
$21.3M
Liabilities
$2.1M

Financial history

$6.1M$3.1M$0
181920212223
RevenueExpenses
Latest FY2023: $6.1M · Avg: $5.1M
TEAK FELLOWSHIP INC
Your actions

Address

16 WEST 22ND Street 3RD Floor 301
New YORK, NY, 10010-580

Governance

Voting board members22
Independent members22
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %78.6%
Permanent endowment %20.8%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$3.1M
Net to org$3.0M
Retained by contractors$160K
ChannelsMail · Email · Grant solicitation
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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