Overview
What is New Schools For New Orleans Inc?
New Schools For New Orleans Inc, based in New Orleans, Louisiana, is a nonprofit organization dedicated to improving the quality of public schools in New Orleans by investing in schools and partnering with the Orleans Parish School Board. The mission of NSNO is to create excellent public schools for every child in New Orleans. They accomplish this by attracting and preparing talented educators, launching and supporting open-enrollment public charter schools, and advocating for accountable and sustainable high-quality public schools. NSNO also focuses on identifying and supporting new school models that address specific citywide demands from students and families, as they recognize the need to address the under-served children in the schools. With a team of 32 employees, NSNO's vision is to make a significant impact on the educational landscape of New Orleans.
Official website here: www.newschoolsforneworleans.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
New Schools For New Orleans Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The 97% score indicates a robust adherence to best practices in nonprofit governance and financial management, particularly highlighted by the charity's high scores in various categories like independent board membership and program expense ratio.
The organization demonstrates excellent financial health, with a program expense ratio of 90.67%, meaning a significant portion of its resources directly supports its mission. Additionally, its low fundraising efficiency ratio of $0.03 suggests that it effectively maximizes funds raised for its programs, minimizing administrative costs. The presence of key policies, such as a conflict of interest policy and a whistleblower policy, further underscores its commitment to transparency and ethical governance.
While the organization exhibits strengths across multiple metrics, the overall rating is primarily based on accountability and finance, and there are no noted areas of concern regarding asset diversion or loans to officers. This emphasis on strong governance suggests that New Schools For New Orleans Inc is well-positioned to utilize its resources effectively in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is New Schools For New Orleans Inc legitimate?
New Schools For New Orleans Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Schools For New Orleans Inc 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: $533,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,959,481
For more financial information, click here
Official website here: www.newschoolsforneworleans.org
What is the mission statement of New Schools For New Orleans Inc?
New Schools For New Orleans Inc aims to deliver excellent public schools for every child in New Orleans. They accomplish this by (1) attracting and preparing skilled educators to teach and lead, (2) launching and supporting open-enrollment public charter schools, and (3) advocating for accountable and sustainable high-quality public schools. Their investment in schools and partnerships with local education boards strive to enhance the variety of school options in New Orleans. New Schools For New Orleans Inc recognizes the need to address the under-served student population and will collaborate with districts and support organizations to ensure students are not confined to subpar schools.
Official website here: www.newschoolsforneworleans.org
Who is the CEO of New Schools For New Orleans Inc?
Dana Peterson is the Board Member of New Schools For New Orleans Inc. The CEO's salary of New Schools For New Orleans Inc is $0 and their total compensation is $0.
Official website here: www.newschoolsforneworleans.org
What is the revenue of New Schools For New Orleans Inc?
New Schools For New Orleans Inc's revenue in 2022 was $15,215,212.
Official website here: www.newschoolsforneworleans.org
Who are the executives of New Schools For New Orleans Inc and what are their salaries?
The average compensation at New Schools For New Orleans Inc during 2022 was $77,912. There are 32 employees and 11 volunteers at New Schools For New Orleans Inc.
Here are 17 key members and their salaries (New Schools For New Orleans Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $249,034
- Related: $0
- Other: $15,629
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- Compensation: $120,990
- Related: $0
- Other: $11,629
- Compensation: $111,880
- Related: $0
- Other: $13,742
- Compensation: $140,019
- Related: $0
- Other: $13,364
- Compensation: $129,453
- Related: $0
- Other: $16,534
- Compensation: $121,175
- Related: $0
- Other: $15,108
Official website here: www.newschoolsforneworleans.org
Where can I find the form 990 for New Schools For New Orleans Inc?
New Schools For New Orleans Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newschoolsforneworleans.org
Learn more at the official website: www.newschoolsforneworleans.org
Mission Statement of New Schools For New Orleans Inc
New Schools For New Orleans Inc, or NSNO, is a mission-driven organization that strives to create excellent public schools for every child in New Orleans. By attracting and preparing talented educators to teach and lead, launching and supporting open-enrollment public charter schools, and advocating for accountable and sustainable high-quality public schools, NSNO aims to improve the education landscape in New Orleans.
In practice, NSNO invests in schools and collaborates with the Orleans Parish School Board to enhance the variety and quality of educational options in the city. The organization keeps an open mind, seeking out and supporting new school models that show promise and address specific needs within the student population. NSNO acknowledges that far too many children in New Orleans are not receiving the education they deserve and will work with the district and other support organizations to ensure that students are not confined to underperforming schools that do not cater to their needs.
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Impact
October, 2024
New Schools for New Orleans (NSNO) plays a crucial role in transforming the educational landscape of New Orleans by striving for excellence in public schooling for every child. Through its initiatives, NSNO attracts and prepares talented individuals to teach and lead in local schools, ensuring that educators are equipped to foster a nurturing and effective learning environment.
The organization actively launches and supports open-enrollment public charter schools, thereby expanding options for families and students in the area. This approach addresses the diverse needs of the community and provides innovative educational models that may better serve students who are currently underserved by existing institutions.
Partnering with the Orleans Parish School Board, NSNO invests in schools to enhance the quality of educational options available in New Orleans. Recognizing that some students are not receiving the support they need, NSNO advocates for accountability and sustainability in public education, working alongside other organizations to ensure that every child has access to a school that meets their unique requirements.
Overall, NSNO's impact is reflected in its commitment to improving educational outcomes, fostering leadership and teaching excellence, and advocating for a school system that prioritizes the needs of all students in New Orleans.
This information is meant to be a general summary of New Schools For New Orleans Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33,031
- Gross Receipts: $15,215,212
Assets and Liabilities:
- Total Assets: $13,954,302
- Total Liabilities: $2,719,490
- Net Assets: $11,234,812
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Organization Details
Founding Year
2006
Phone
(504) 274-3619Principal Officer
Dana Peterson
Main Address
1555 POYDRAS STREET 781, NEW ORLEANS, LA, 70112
NTEE Category
Code: B19 - Education
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