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Home > Company Index > Diversified Services > Child Care Services & Elementary & Secondary Schools > The TesseracT Group, Inc.

The TesseracT Group, Inc.
OTC: TSST
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 PROFILE
The TesseracT Group is one vessel of choice for Arizonans looking to charter an education for their kids. TesseracT (formerly Education Alternatives) operates both private and charter schools. The company has a handful of schools in Arizona. Its Sunrise Educational Services unit, which the company plans to sell, operates nearly 20 preschools; tuition is about $8,000 per year. Troubled TesseracT is operating under Chapter 11 bankruptcy; it has been selling assets (including selling some schools to parent groups) and cutting its staff. The company sold its two-year college, Academy of Business. Although he has resigned from TesseracT, founder John Golle was a pioneer in for-profit schools.

 COMPETITION
La Petite Academy, Inc. (dossier)
Nobel Learning Communities, Inc. (NLCI)
Sylvan Learning Systems, Inc. (SLVN)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
1999 Sales (mil.): 37.30
1-Yr. Sales Growth: 143.8%
Employees: 980
Revenue per employee: $38,061.22

 KEY PEOPLE
• Lucian Spataro
    CEO
• Douglass E. Snell
    CFO

 CONTACT INFO
4515 E. Muirwood Dr.
Phoenix, AZ 85048
US
Phone: 480-940-6300
Fax: 480-496-6970

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