TEACHER TOWN USA INC

Address
1900 UNION AVENUE
MEMPHIS, TN 38104
Contact
Website: http://www.cfgm.org
Phone: +1 (901) 728-4600
Nonprofit
NTEE: B99 - Education N.E.C.
EIN: 46-5497662

Mission

THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO ASSIST THE COMMUNITY FOUNDATION OF GREATER MEMPHIS, INC. IN CARRYING OUT ITS CHARITABLE MISSION. THE ORGANIZATION'S SPECIFIC EMPHASIS IS ON IMPROVING PUBLIC EDUCATION IN SHELBY COUNTY.
 20162015
Basic features of the organization
Year of formation2014
Metropolitan statistical area4920
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00 
Number of employees0 
Number of people compensated >$100k0 
Number of volunteers0 
Number of highly compensated contractors0 
Personnel
Boyd, James
TitleDIRECTOR 
Name of key/compensated personJAMES BOYD 
Position of compensated person
Current individual trustee or directorTrue 
Average hours per week working for org1.00 
Reportable compensation from org$0.00 
Other comp, non-reportable, from org and related orgs$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Fockler, Robert
TitlePRESIDENT 
Name of key/compensated personROBERT M FOCKLER 
Position of compensated person
Current individual trustee or directorTrue 
Average hours per week working for org1.00 
Reportable compensation from org$0.00 
Other comp, non-reportable, from org and related orgs$47,015.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $210,501.00 
Hayes, Barbara
TitleDIRECTOR 
Name of key/compensated personBARBARA S MORA HAYES 
Position of compensated person
Current individual trustee or directorTrue 
Average hours per week working for org1.00 
Reportable compensation from org$0.00 
Other comp, non-reportable, from org and related orgs$27,679.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $108,628.00 
Marino, Thomas
TitleDIRECTOR 
Name of key/compensated personTHOMAS MARINO 
Position of compensated person
Current individual trustee or directorTrue 
Average hours per week working for org1.00 
Reportable compensation from org$0.00 
Other comp, non-reportable, from org and related orgs$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
McCaul, Mack
TitleTREASURER 
Name of key/compensated personMACK E MCCAUL JR 
Position of compensated person
Current individual trustee or directorTrue 
Average hours per week working for org1.00 
Reportable compensation from org$0.00 
Other comp, non-reportable, from org and related orgs$25,649.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $128,932.00 
Regan, J
TitleSECRETARY 
Name of key/compensated personJ MARTIN REGAN JR 
Position of compensated person
Current individual trustee or directorTrue 
Average hours per week working for org1.00 
Reportable compensation from org$0.00 
Other comp, non-reportable, from org and related orgs$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Sloyan, Teresa
TitleCHAIR 
Name of key/compensated personTERESA C SLOYAN 
Position of compensated person
Current individual trustee or directorTrue 
Average hours per week working for org1.00 
Reportable compensation from org$0.00 
Other comp, non-reportable, from org and related orgs$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesSEE STATEMENT OTHE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO ASSIST THE COMMUNITY FOUNDATION OF GREATER MEMPHIS, INC. IN CARRYING OUT ITS CHARITABLE MISSION. 
Program service expenses, total$2,511,499.00 
Programs, including revenue & expenses
THE ORGANIZATION'S ONLY PROGRAM IS TO RECEIVE & ACCEPT PROPERTY TO BE USED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES PRIMARILY IN & FOR THE BENEFIT OF THE COMMUNITY OF MEMPHIS & SHELBY COUNTY.
Program expenses$2,511,499.00 
Grants and allocations made$2,511,499.00 
Program descriptionTHE ORGANIZATION'S ONLY PROGRAM IS TO RECEIVE & ACCEPT PROPERTY TO BE USED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES PRIMARILY IN & FOR THE BENEFIT OF THE COMMUNITY OF MEMPHIS & SHELBY COUNTY. 
Financial data
Revenue
Total revenue$3,511,851.00 
Revenue from contributions (total)$3,511,500.00$343,334.00
Investment income, current yr$351.00 
Total revenue from grants, etc., current yr$3,511,500.00 
Total unrelated business revenue$0.00 
Other revenue, current yr$0.00 
Net unrelated business taxable revenue$0.00 
Program service revenue (total) $0.00
Gross receipts$3,512,334.00 
Sources of contributions
Contributions from related organizations$603,834.00 
Revenue from all other contributions$2,907,666.00 
Other types of revenue
Income from dividends, interest, and similar investments$834.00 
Net rental income $0.00
Expense categories (totals)
Total functional expenses: sum of all$2,517,640.00 
Total functional expenses: program service $2,511,499.00 
Total functional expenses: management and general$6,141.00 
Total functional expenses: fundraising$0.00 
Fees for services
Fundraising service fees (total)$0.00 
General management fees (total)$6,000.00 
Investment management fees (total)$121.00 
Assets and liabilities
Total assets$994,211.00$1.00
Total assets, beginning of year$0.00 
Total liabilities$0.00$0.00
Total liabilities, beginning of year$0.00 
Unrestricted net assets, end of yr$994,211.00 
Net assets$994,211.00 
Net assets, beginning of year$0.00 
Investments: other securities$994,211.00 
Other financial variables
Revenue less expenses$994,211.00 
Total net assets or fund balances$994,211.00 
Governance and accountability
Number of voting members7 
Number of independent voting members4 
Financial sheets auditedTrue 
Audit on consolidated basisTrue 
Relationships among key personnelTrue 
Cash accountingTrue 
Tax year start date2015-05-01 
Tax year end date2016-04-012015-04-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrue 
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990 
Date e-filing submitted2017-08-10 
IRS schema version2015v3.0 
Filing identifier201720739349300027 
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