Million Dollar Teacher Project
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ELEVATE THE TEACHING PROFESSION THROUGH INCREASED SUPPORT COMPENSATION AND RECOGNITION
- Income
- $296,679
- Spending
- $324,483
- Spent on programs
- 66%
- Reserves
- 17 months of spending
- Largest source of income
- donations and private grants, 60%
- Employees
- 5
- Volunteers
- 0
- Highest pay
- $72,025, founder and ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 80 out of 100. Higher than 60% of charities in its peer group (employment, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 17.0 months of spending.
Debt
16 of 20It owes 18% of what it owns.
Living within its means
4 of 15Spending exceeded income by 9% of income.
Income trend
10 of 15Income fell 4% on the year before.
Spending floor
15 of 1566% of spending went to programs and raising each dollar of donations cost 30 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 66% of charities in its peer group (employment, $250k to $1m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $53,621 spent. The Teacher Appreciation Package is an effort by Million Dollar Teacher Project to connect teachers with local businesses in their community through meaningful annual discounts during National Education Month of November and Teacher Appreciation Week in May. The goal of the T.A.P. program is to elevate the spending power of teachers in Arizona whose compensation does not keep up with their personal and classroom needs.
- $64,345 spent. Take a Teacher to Lunch TTL is an initiative we launched to turn teacher recognition into a year-round sustained effort. Teaching is a thankless job and there are thousands of teachers each year who go unappreciated and unrecognized. TTL is our way to fix that. Our goal is to bring this program to every school district in the state of Arizona in some capacity by the end of 2028.
- $96,517 spent. The Classroom Support Team CST is composed of interns and community volunteers who assist a specific grade level of teachers. This year the program operated from September 3 2024 to March 28 2025. During this period 11 CST interns supported educators at Madrid Neighborhood School and Wilson School District positively impacting the learning experiences of over 400 students.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.