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    The TEAK Fellowship

    The TEAK Fellowship

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    http://www.teakfellowship.org

    16 West 22nd Street
    3rd Floor
    New York NY 10010

    212-288-6678


    New York NY | IRS ruling year: 1998 | EIN: 13-4011465  

     

    Organization Mission

    The TEAK Fellowship 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.

    TEAK is a free program that helps talented students from low-income families achieve their potential. Through intensive after-school and summer classes, TEAK prepares middle school students to get into the nation's most selective high schools and colleges. TEAK's strong support system ensures that students thrive in their independent (day and boarding) high schools and graduate from college, ready to pursue their professional goals and positively impact the world.

     


    Rating Information

    star rating graphic

    Great


    This charity's score is 100%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.


    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Beacon Weights  
    Historical Ratings  

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    100

    Most Recent Fiscal Year:
    FY 2022

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 100% independent members10 out of 10 points  
    Independent Board Size - 23 independent members10 out of 10 points  
    Financial Statements - Audit and Oversight Committee20 out of 20 points  
    Material Diversion of Assets - None20 out of 20 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed5 out of 5 points  
    Conflict of Interest Policy - Listed5 out of 5 points  
    Whistleblower Policy - Listed5 out of 5 points  
    Document Retention and Destruction - Listed5 out of 5 points  
    Documents Board Meeting Minutes - Yes5 out of 5 points  
    Tax Form Distributed to Board Before Filing - Listed5 out of 5 points  
    Loans to/from Officers - Missing5 out of 5 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Listed5 out of 5 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 12.43%25 out of 25 points  
    Program Expense: Ratio - 84.31%25 out of 25 points  
    Fundraising Efficiency: Ratio - $0.0725 out of 25 points  
    Working Capital: Ratio - 4.93 years25 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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