GREATER EDUCATIONAL OPPORTUNITIES FOUNDATION Charity Report

Public IRS 990 nonprofit record

GREATER EDUCATIONAL OPPORTUNITIES FOUNDATION

EIN 95-4406881 · Arts, Culture & Humanities (A33Z)

What they do

to EMPOWER Students to ACCELERATE Their Academic Pathways to ADVANCE Their Social Mobility and ACHIEVE Their Career and Life-long Goals.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.45%of revenue went to mission work80.1% of expenses · Program services

0.64%of revenue went to fundraising0.7% of expenses

$97.96spent for every $100 of revenueRevenue covered expenses this year.

18.87%of revenue went to management and office costs19.3% of expenses

$1.57in assets for every $1 spent this yearSome assets cannot be spent right away.

33.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $491,261 for KEVIN TEASLEY (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$13,775,304

Mission workProgram services$10,806,53978.45% of revenue80.1% of expenses

ManagementOffice and general costs$2,599,39818.87% of revenue19.3% of expenses

FundraisingAsking for donations$87,8130.64% of revenue0.7% of expenses

Total expenses$13,493,75097.96% of revenue

The uncolored part of the ring is revenue above these reported expenses.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202480.1% mission

202383.1% mission

202276.7% mission

202164.6% mission

202070.5% mission

201970.9% mission

201872.7% mission

201779.6% mission

Money in and money out

Revenue$13,775,304

Expenses$13,493,750

Annual surplus $281,554 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,806,539 · 80.1% of expenses

Management and office costs$2,599,398 · 19.3% of expenses

Fundraising$87,813 · 0.7% of expenses

See all reported dollar amounts

Revenue$13,775,304

Expenses$13,493,750

Assets$21,233,665

Income$23,177,878

Contributions$4,568,428

Mission work (program services)$10,806,539

Fundraising$87,813

Grants given$2,453,866

Average grant$163,591

Management and general$2,599,398

Executive compensation (total)$635,319

Stocks and bonds$6,931,811

Accounting fees$115,597

Investing fees$16,753

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KEVIN TEASLEYPRESIDENT/CEO · 40 hrs/week $491,261Base $456,530 · Other $34,731

DANA L TEASLEYVICE PRESIDENT/CFO · 40 hrs/week $376,582Base $360,413 · Other $16,169

KATHY PITTSCHIEF FINANCIAL OFFICER · 40 hrs/week $256,207Base $227,353 · Other $28,854

PETER MORIKISEXECUTIVE DIRECTOR - NW INDIANA · 1 hrs/week $188,906Base $173,852 · Other $15,054

SHIRLON CLAYCHIEF ACADEMIC OFFICER -BATON ROUGE · 40 hrs/week $179,226Base $160,589 · Other $18,637

JEFFERY LOZERCHIEF OPERATIONS OFFICER · 40 hrs/week $173,706Base $157,763 · Other $15,943

REENA GUPTAACCOUNTING DIRECTOR · 1 hrs/week $170,017Base $154,916 · Other $15,101

RICK ELLIOTTEXECUTIVE DIRECTOR · 40 hrs/week $138,538Base $121,342 · Other $17,196

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

KEVIN TEASLEYPRESIDENT/CEO

DANA L TEASLEYVICE PRESIDENT/CFO

KATHY PITTSCHIEF FINANCIAL OFFICER

PETER MORIKISEXECUTIVE DIRECTOR - NW INDIANA

SHIRLON CLAYCHIEF ACADEMIC OFFICER -BATON ROUGE

JEFFERY LOZERCHIEF OPERATIONS OFFICER

REENA GUPTAACCOUNTING DIRECTOR

RICK ELLIOTTEXECUTIVE DIRECTOR

GEOFF BAUMVICE CHAIR

JEFF READYCHAIR

JEREMIAH TATEMEMBER

ROB KREMERMEMBER

About this charity

Recognized since: January 1994
Location: 3145 N Meridian Street, Indianapolis, IN 46208
County: Marion
In care of: Dana L Teasley
Primary officer: Dana L Teasley, Vice Preseident/CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@geoacademies.org Phone(317) 536-1027

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Arts, Culture & Humanities (A33Z)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes