Nonprofit · EIN 13-3408731
NETWORK FOR TEACHING ENTREPRENEURSHIP
Tax-exempt · NEW YORK, NY 10005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,899,899 | $13,349,910 | -$3,450,011 | $11,784,536 | $4,178,044 | $7,606,492 |
| June 30, 2024 | 990 | $14,749,821 | $13,832,498 | $917,323 | $13,318,188 | $2,261,685 | $11,056,503 |
| June 30, 2023 | 990 | $12,144,131 | $12,129,981 | $14,150 | $12,521,146 | $2,381,966 | $10,139,180 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,129,801
- Program service revenue
- $2,322,752
- Investment income
- $254,613
- Royalties
- $220,247
- Net gain from sales of assets
- $881
- Net income from fundraising events
- -$77,881
- Other revenue
- $192,733
Expenses
- Grants and similar amounts paid
- $285,272
- Compensation of officers, directors and key employees
- $1,369,860
- Other salaries and wages
- $5,579,729
- Salaries, compensation and benefits (total)
- $8,188,372
- Professional fundraising fees
- $0
- Legal fees
- $62,871
- Accounting fees
- $115,004
- Occupancy
- $533,328
- Travel
- $426,663
- Depreciation
- $14,259
- Program services (functional)
- $9,270,231
- Management and general (functional)
- $2,143,438
- Fundraising (functional)
- $1,936,241
Balance sheet and other
- Total assets, start of year
- $13,318,188
- Total assets, end of year
- $11,784,536
- Total liabilities, end of year
- $4,178,044
- Net assets, end of year
- $7,606,492
- Land, buildings and equipment
- $146,458
- Publicly traded securities
- $3,138
- Net assets without donor restrictions
- $5,795,992
- Net assets with donor restrictions
- $1,810,500
- Gross receipts
- $10,267,090
- Employees
- 85
- Volunteers
- 2,305
- Year formed
- 1986
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR JEAN-DANIEL LAROCK | CEO/PRESIDENT Officer | 50 | $688,238 | $62,932 |
| MARY RADFORD | CHIEF FINANCIAL OFFICER Officer | 50 | $323,845 | $19,461 |
| JANE WALSH | CHIEF ADVANCE OFFICER Key employee | 50 | $265,101 | $9,062 |
| JEANNINE SCHLOSS | CHIEF PROGRAM OFFICER Highest-paid employee | 50 | $212,112 | $42,921 |
| JASON DELGATTO | VP CURRICULUM & RESEARCH Highest-paid employee | 50 | $156,209 | $30,428 |
| JACQUES BRIGNOLLE | PROGRAM DIRECTOR, SOUTHEAST Highest-paid employee | 50 | $146,873 | $33,450 |
| RON JACOBS | DIRECTOR OF IT Highest-paid employee | 50 | $148,667 | $12,920 |
| SCOTT NASATIR | EXECUTIVE DIRECTOR - MIDWEST Highest-paid employee | 50 | $150,005 | $2,806 |
| KYLE GARMAN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL KASCMAR | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ALEX RAPPAPORT | DIRECTOR, AS OF 1/30/25 Trustee or director | 2 | $0 | $0 |
| ALEXIS JEFFRIES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANTHONY SALCITO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CARLA THOMPSON PAYTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CAROL FULP | DIRECTOR, THRU 11/18/24 Trustee or director | 2 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHUCK JACOBSON | DIRECTOR Trustee or director | 2 | $0 |
| DAVID WELLISCH | DIRECTOR Trustee or director | 2 | $0 |
| JEAN EDDY | DIRECTOR Trustee or director | 2 | $0 |
| KENNETH M JONES | DIRECTOR Trustee or director | 2 | $0 |
| LATOYA ROWELL | DIRECTOR Trustee or director | 2 | $0 |
| LAWRENCE GENNARI | DIRECTOR Trustee or director | 2 | $0 |
| NAVEEN NALLAPPA | DIRECTOR, AS OF 9/9/24 Trustee or director | 2 | $0 |
| PAMELA CODISPOTI HABNER | DIRECTOR Trustee or director | 2 | $0 |
| PATRICIA ALPER | DIRECTOR Trustee or director | 2 | $0 |
| SANDRA ROSA | DIRECTOR Trustee or director | 2 | $0 |
| TONY FRAZIER | DIRECTOR Trustee or director | 2 | $0 |
| TUCKER YORK | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR JEAN-DANIEL LAROCK | CEO/PRESIDENT Officer | 50 | $540,360 | $57,506 |
| MARY RADFORD | CHIEF FIN. & ADMIN. OFFICER Officer | 50 | $277,445 | $13,638 |
| JANE WALSH | EVP, CHIEF ADVANCE. OFFICER Highest-paid employee | 50 | $245,167 | $9,427 |
| JEANNINE SCHLOSS | CHIEF PROGRAM OFFICER Highest-paid employee | 50 | $178,333 | $19,932 |
| JASON DELGATTO | VP CURRICULUM & RESEARCH Highest-paid employee | 50 | $143,383 | $19,367 |
| SCOTT NASATIR | EXECUTIVE DIRECTOR - MIDWEST Highest-paid employee | 50 | $131,816 | $13,443 |
| JACQUES BRIGNOLLE | PROGRAM DIRECTOR, SOUTHEAST Highest-paid employee | 50 | $113,971 | $20,629 |
| MICHAEL J KASCMAR | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KYLE GARMAN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| PATRICIA ALPER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEAN EDDY | DIRECTOR, AS OF 12/5/23 Trustee or director | 2 | $0 | $0 |
| TONY FRAZIER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LAWRENCE GENNARI | DIRECTOR, AS OF 12/5/23 Trustee or director | 2 | $0 | $0 |
| PAM HABNER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHUCK JACOBSON | DIRECTOR, AS OF 12/5/23 Trustee or director | 2 | $0 | $0 |
| ALEXIS JEFFRIES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KENNETH JONES | DIRECTOR, AS OF 12/5/23 Trustee or director | 2 | $0 | $0 |
| SANDRA ROSA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LATOYA ROWELL | DIRECTOR, AS OF 4/12/24 Trustee or director | 2 | $0 | $0 |
| ANTHONY SALCITO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CARLA THOMPSON PAYTON | DIRECTOR, AS OF 12/5/23 Trustee or director | 2 | $0 | $0 |
| DAVID WELLISCH | DIRECTOR, AS OF 10/15/23 Trustee or director | 2 | $0 | $0 |
| TUCKER YORK | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR JEAN-DANIEL LAROCK | CEO/PRESIDENT Trustee or director, Officer | 50 | $499,918 | $57,498 |
| MARY RADFORD | Chief Fin. & Admin. Officer Officer | 50 | $226,816 | $15,645 |
| JEANNINE SCHLOSS | CHIEF PROGRAM OFFICER Highest-paid employee | 50 | $179,892 | $28,714 |
| JANE WALSH | EVP, Chief Advancement Officer Highest-paid employee | 50 | $196,504 | $7,201 |
| JASON DELGATTO | VP CURRICULUM & RESEARCH Highest-paid employee | 50 | $146,937 | $29,687 |
| KIMBERLY SMALL | EXECUTIVE DIRECTOR - LA Highest-paid employee | 50 | $140,477 | $26,715 |
| PETER JOHNSON | DEVELOPMENT DIRECTOR Highest-paid employee | 50 | $151,395 | $10,915 |
| MICHAEL J KASCMAR | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KYLE GARMAN | VICE CHAIR, as of 10/13/22 Trustee or director, Officer | 2 | $0 | $0 |
| PATRICIA ALPER | DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| LAUREN BEITELSPACHER | DIRECTOR, THRU 6/30/2023 Trustee or director, Officer | 2 | $0 | $0 |
| TONY FRAZIER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PAM HABNER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GUS HARRIS | DIRECTOR, THRU 6/30/2023 Trustee or director | 2 | $0 | $0 |
| KEVIN ICHHPURANI | DIRECTOR, THRU 4/10/2023 Trustee or director | 2 | $0 | $0 |
| ALEXIS JEFFRIES | DIRECTOR, AS OF 12/13/2022 Trustee or director | 2 | $0 | $0 |
| MOLLIE RICHARDSON | DIRECTOR, THRU 5/31/2023 Trustee or director | 2 | $0 | $0 |
| SANDRA ROSA | DIRECTOR, AS OF 5/31/2023 Trustee or director | 2 | $0 | $0 |
| ANTHONY SALCITO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID SPRENG | DIRECTOR, thru 7/6/22 Trustee or director | 2 | $0 | $0 |
| TUCKER YORK | DIRECTOR, as of 10/13/22 / VC Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 120 WALL STREET 18TH FLOOR, NEW YORK, NY 10005-4023
- In care of
- % MARY RADFORD
- Principal officer (990 for 2024)
- DR JEAN-DANIEL LAROCK, 120 WALL STREET 18TH FLOOR, NEW YORK, NY 10005
- Signed the 990
- DR JEAN-DANIEL LAROCK, CEO/PRESIDENT
- Phone
- (212) 232-3333
- Website
- WWW.NFTE.COM
- Return prepared by
- BDO USA
Mission
NETWORK FOR TEACHING ENTREPRENEURSHIP ("NFTE") IS A GLOBAL EDUCATIONAL NONPROFIT THAT PROVIDES HIGH-QUALITY ENTREPRENEURSHIP EDUCATION TO MIDDLE AND HIGH SCHOOL STUDENTS FROM UNDER-RESOURCED COMMUNITIES AS WELL AS ENTREPRENEURSHIP PROGRAMS FOR COLLEGE STUDENTS AND ADULT LEARNERS. SINCE OUR FOUNDING, WE HAVE EDUCATED MORE THAN A MILLION STUDENTS THROUGH IN-SCHOOL, OUT-OF-SCHOOL, COLLEGE, AND SUMMER CAMP PROGRAMS, OFFERED BOTH IN PERSON AND ONLINE.
Program accomplishments
- STUDENTS IN NFTE PROGRAMS LEARN HOW TO DEVELOP A BUSINESS PLAN AND HOW TO MARKET THEIR BUSINESS CONCEPT. THROUGH THE PROCESS OF CREATING THEIR OWN BUSINESS IDEA, NFTE STUDENTS BUILD BUSINESS AND ACADEMIC SKILLS, ARE INTRODUCED TO NEW CAREER PATHS, AND LEARN ABOUT A WIDE RANGE OF JOBS AND OCCUPATIONS. THEY ALSO DEVELOP THEIR ENTREPRENEURIAL MINDSET. NFTE STUDENTS LEARN TO THINK AND ACT LIKE ENTREPRENEURS, DEMONSTRATING SKILLS SUCH AS INITIATIVE AND SELF-RELIANCE, FLEXIBILITY AND ADAPTABILITY, CRITICAL THINKING AND PROBLEM SOLVING, COMMUNICATION AND COLLABORATION, CREATIVITY AND INNOVATION, OPPORTUNITY RECOGNITION, AND FUTURE ORIENTATION. THE ENTREPRENEURIAL MINDSET, TOGETHER WITH THE SKILLS NFTE TEACHES, PREPARES YOUTH FOR COLLEGE AND CAREER SUCCESS. NFTE PARTNERS WITH SCHOOLS, COMMUNITY GROUPS, AND YOUTH DEVELOPMENT ORGANIZATIONS TO BRING ENTREPRENEURSHIP EDUCATION TO DIVERSE LEARNERS. OUR WORK FOCUSES PRIMARILY ON MIDDLE AND HIGH SCHOOL STUDENTS IN UNDER-RESOURCED COMMUNITIES. WE TARGET PUBLIC SCHOOL DISTRICTS WITH FREE AND REDUCED LUNCH (FRL) ELIGIBILITY RATES OF 50% OR MORE, AND MOST OF OUR PARTNER SCHOOLS HAVE FRL RATES OF 70-80%. THE NFTE MODEL LEVERAGES CLASSROOM TEACHERS TO DELIVER THE NFTE CURRICULUM. THE BENEFIT TO NFTE IS THAT TEACHERS ARE PAID BY THEIR RESPECTIVE SCHOOL DISTRICTS. THE CHALLENGE FOR THE ORGANIZATION'S CONTRIBUTORS AND ASSESSORS IS RECOGNIZING THE ECONOMIC VALUE OF THOSE TEACHERS IS EXCLUDED, IN TAX REPORTING, FROM THE MEASUREMENT OF EXPENDITURES RELATED TO PROGRAM EFFORTS. THE TEACHERS ARE ESSENTIAL TO MEETING THE ORGANIZATION'S MISSION, THUS THE ECONOMIC VALUE MUST BE FACTORED INTO ANY ASSESSMENT OF THE ORGANIZATION TO HAVE A TRUE COMPARISON WITH OTHER ORGANIZATIONS. NOTE - CONSISTENT WITH IRS FORM 990 INSTRUCTIONS, PART III, LINE 4A, EXPENSES AND REVENUE DO NOT INCLUDE DONATED SERVICES OF 131,615 CLASSROOM HOURS THAT THE ORGANIZATION TAUGHT BY VOLUNTEER TEACHERS HAVING AN ESTIMATED VALUE OF $6,677,616.Expenses $9,270,231 · grants $285,272 · revenue $2,322,752
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3408731
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O53Z)
- Assets (IRS master file)
- $11,784,536
- Income (IRS master file)
- $10,267,090
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,899,899 | $13,349,910 | $11,784,536 | XML |
| 990 | June 2024 | $14,749,821 | $13,832,498 | $13,318,188 | IRS |
| 990 | June 2023 | $12,144,131 | $12,129,981 | $12,521,146 | XML |
| 990 | June 2022 | $13,733,111 | $10,721,764 | $11,822,494 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3408731).
Questions about NETWORK FOR TEACHING ENTREPRENEURSHIP
- What is the EIN of NETWORK FOR TEACHING ENTREPRENEURSHIP?
- The employer identification number (EIN) of NETWORK FOR TEACHING ENTREPRENEURSHIP is 13-3408731.
- Is NETWORK FOR TEACHING ENTREPRENEURSHIP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to NETWORK FOR TEACHING ENTREPRENEURSHIP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NETWORK FOR TEACHING ENTREPRENEURSHIP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NETWORK FOR TEACHING ENTREPRENEURSHIP due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NETWORK FOR TEACHING ENTREPRENEURSHIP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NETWORK FOR TEACHING ENTREPRENEURSHIP?
- The 990 for the year ended June 30, 2025 names DR JEAN-DANIEL LAROCK.
- Who are the officers and directors of NETWORK FOR TEACHING ENTREPRENEURSHIP?
- The 990 for the year ended June 30, 2025 lists 27 people; 8 received compensation from the organization, the highest $688,238 (DR JEAN-DANIEL LAROCK, CEO/PRESIDENT).
- How much revenue does NETWORK FOR TEACHING ENTREPRENEURSHIP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,899,899, expenses of $13,349,910 and total assets of $11,784,536 at year end.
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