In 2013, I first blogged about TFA’s DC lobbying/assistance/hegemony in the post Do you think TFA is a special interest?: “Get up, Stand Up” Check out the TFA salaries in this new post on Mercedes Schneider’s EduBlog.
Teach for America (TFA) is a nonprofit organization founded in 1991 by Princeton graduate and noneducator, Wendy Kopp. TFA was granted nonprofit status in June 1993. According to its 2013 990, TFA’s end-of-year total assets were $494 million, with $73.5 million of its 2013 revenue designated as “government grants” and $31.6 million of its 2013 revenue earmarked as “service fees revenue.”
Interestingly, TFA’s 2013 990 also includes $4.7 million tagged as “bad debt expense” as part of its total functional expenses.
For eight hours of work per week, TFA chair Wendy Kopp drew a 2013 salary of $176,657. Co-CEOs Matt Kramer and Elisa Villanueva Beard drew salaries of $381,946 for 42 hrs/wk (Kramer) and $342,134 for 40 hrs/wk (Beard).
TFA began as a Peace Corps-like temp agency that sends college graduates outside of the field of teaching into classrooms for usually two years. However, by 2001, TFA had established…
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