The New School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561429736 ✦ Holly springs, NC ✦ Designated as a 501(c)(3)

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Overview

What is The New School?

The New School, located at 5617 Sunset Lake Road, Holly Springs, North Carolina 27540, is a private, nonprofit institution devoted to providing Montessori-style education for preschool and elementary-aged children. It employs a team of 75 individuals, all committed to nurturing the growth and development of its students. The school's mission is centered around Montessori education, offering a nurturing and stimulating environment for young learners to thrive and grow.


Official website here: www.montessoricenter.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 54%, One-Star out of Four Star rating.

The New School has received a low score of 54%, which reflects significant concerns regarding its accountability and financial practices. With no independent board members and poor scores in several accountability indicators, the organization shows a lack of transparency in its governance structure. This has affected its overall rating and raises questions about the effectiveness of its oversight.

Despite the deficiencies noted in governance, The New School excelled in certain areas such as managing liabilities to assets and program expenses, indicating that it effectively allocates its resources towards its mission. However, the absence of critical policies, such as conflict of interest and whistleblower protections, could pose risks for the organization in terms of ethical governance and management.

Overall, while The New School demonstrates some strengths in financial management, its low accountability score and lack of essential governance policies highlight significant areas for improvement. Stakeholders may want to consider these factors when engaging with or supporting the organization.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about The New School?

88% of 14 reviewers on Facebook recommend The New School. Here is a summary of their reviews:

The sentiment expressed by parents and guardians is overwhelmingly positive, particularly highlighting the enriching environment provided for children. One reviewer emphasized their admiration for the school's atmosphere and events, such as the fall festival, suggesting that these experiences surpassed their previous expectations.

Overall, the community seems pleased with the educational and social opportunities at The New School, indicating that it meets their hopes for a nurturing and engaging experience for young learners.


This AI summary has been generated from reviews found on Facebook.

Is The New School legitimate?

The New School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New School 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: $183,518
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.montessoricenter.org

What is the mission statement of The New School?

The New School, as an institution, is committed to providing Montessori-style education for preschool and elementary-aged children. Its mission is centered around this educational approach, aiming to foster a learning environment that encourages the holistic development of each child. By adopting this method, The New School seeks to equip its students with the necessary skills and knowledge to navigate their early years with confidence and curiosity. The school's primary focus is on nurturing the child's cognitive, social, and emotional growth, fostering a love for learning that will last a lifetime.


Official website here: www.montessoricenter.org

What is the revenue of The New School?

The New School's revenue in 2023 was $3,022,622.


Official website here: www.montessoricenter.org

Who are the executives of The New School and what are their salaries?

The average compensation at The New School during 2023 was $2,913. There are 63 employees and 230 volunteers at The New School.

Here are 5 key members and their salaries:


Julie Schroer (Treasurer)
  • Compensation: $80,932
  • Related: $0
  • Other: $0
Jonathan Schroer (President)
  • Compensation: $70,620
  • Related: $0
  • Other: $0
Roger Harris (Secretary)
  • Compensation: $31,966
  • Related: $0
  • Other: $0
Venkat Schanmugavadivel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Clausen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montessoricenter.org

Where can I find the form 990 for The New School?

The New School's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.montessoricenter.org

Learn more at the official website: www.montessoricenter.org

Mission Statement of The New School

The New School, Inc. is dedicated to providing a Montessori-style education for preschool and elementary-aged children. This private institution's mission is centered around fostering a learning environment that caters to the unique needs and development of each child. By implementing the Montessori method, The New School encourages independence, creativity, and a love for learning in its students. This approach allows children to explore and understand the world at their own pace, ultimately preparing them for academic and personal success.

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Impact




July, 2024

The New School in Holly Springs, NC, impacts the community by providing Montessori-style education for preschool and elementary children. This innovative approach helps students develop independence, critical thinking skills, and a love for learning. By focusing on individualized instruction and hands-on learning experiences, The New School equips students with the tools they need to succeed academically and socially. Through its mission of providing a high-quality education, The New School positively influences the lives of the children and families it serves, contributing to the development of well-rounded individuals who will make a difference in their communities and beyond.




This information is meant to be a general summary of The New School. 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.

Revenue
$3,022,622 (2023)
Expenses
$2,924,934 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,178
  • Program Service Revenue: $2,991,256
  • Gross Receipts: $3,022,622

Assets and Liabilities:

  • Total Assets: $2,845,504
  • Total Liabilities: $7,249
  • Net Assets: $2,838,255

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Student Tuition

Revenue

$2,991,256

Organization Details

Founding Year

1984

Principal Officer

Jonathan Schroer

NTEE Category

Code: B24 - Education

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