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Million Dollar Teacher Project

Million Dollar Teacher Project

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813050329 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Million Dollar Teacher Project?

The Million Dollar Teacher Project is a nonprofit organization situated in Phoenix, Arizona, with a primary aim to bolster schools by enhancing the teaching profession. By providing support, their objective is to attract outstanding educators to every classroom, thereby strengthening the educational system as a whole. With a dedicated team of six individuals, the project is committed to this mission.


Official website here: www.milliondollarteacherproject.org

Is Million Dollar Teacher Project legitimate?

Million Dollar Teacher Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Million Dollar Teacher Project submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $60,917
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,582

For more financial information, click here


Official website here: www.milliondollarteacherproject.org

What is the mission statement of Million Dollar Teacher Project?

The Million Dollar Teacher Project aims to enhance the educational system by bolstering the teacher profession. This initiative seeks to attract top-tier talent to every classroom, thereby strengthening schools as a whole. By supporting teachers, the project intends to create an environment that attracts and retains exceptional educators, ultimately benefiting the students and the educational system as a whole.


Official website here: www.milliondollarteacherproject.org

Who is the CEO of Million Dollar Teacher Project?

Lloyd Hopkins is the Founder And Ceo of Million Dollar Teacher Project. The CEO's salary of Million Dollar Teacher Project is $60,917 and their total compensation is $60,917.


Official website here: www.milliondollarteacherproject.org

What is the revenue of Million Dollar Teacher Project?

Million Dollar Teacher Project's revenue in 2023 was $426,172.


Official website here: www.milliondollarteacherproject.org

Who are the executives of Million Dollar Teacher Project and what are their salaries?

The average compensation at Million Dollar Teacher Project during 2023 was $30,250. There are 6 employees at Million Dollar Teacher Project.


Here are 7 key members and their salaries (Million Dollar Teacher Project's CEO's salary is $60,917 and their total compensation is $60,917):


Lloyd Hopkins (Founder And Ceo)
  • Compensation: $60,917
  • Related: $0
  • Other: $0
Adam French (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Bowman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Truc Doan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristine Morris (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Ulinski (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Pankey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.milliondollarteacherproject.org

Where can I find the form 990 for Million Dollar Teacher Project?

Million Dollar Teacher Project's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.milliondollarteacherproject.org

Learn more at the official website: www.milliondollarteacherproject.org

Mission Statement of Million Dollar Teacher Project

The Million Dollar Teacher Project aims to enhance the educational system by bolstering the teacher profession. This initiative's primary objective is to attract outstanding talent to every classroom, thereby strengthening schools as a whole. By supporting teachers, the project seeks to attract top-tier individuals, ultimately improving the quality of education for students.

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Impact




October, 2024

The Million Dollar Teacher Project significantly impacts the education landscape by focusing on the professional development and support of teachers. By strengthening the teaching profession, it helps schools attract and retain high-quality educators in every classroom. This initiative not only enhances the working conditions and resources available to teachers but also ultimately improves student outcomes by ensuring that talented individuals are leading classrooms. The project's mission directly addresses the challenges that schools face in recruiting and keeping exceptional educators, creating a stronger educational foundation for students in the Phoenix area and beyond.




This information is meant to be a general summary of Million Dollar Teacher Project. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$426,172 (2023)
Expenses
$320,686 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $426,172

Assets and Liabilities:

  • Total Assets: $685,528
  • Total Liabilities: $79,837
  • Net Assets: $605,691

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Organization Details

Founding Year

2016

Principal Officer

Lloyd Hopkins

Main Address

2201 EAST CAMELBACK ROAD STE 403, PHOENIX, AZ, 85016

NTEE Category

Code: J40 - Employment

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