Overview
What is The New School Inc?
The New School Inc, situated in Fayetteville, Arkansas, serves as an independent school dedicated to fostering a passion for learning and encouraging students to unlock their full potential in both academic achievements and personal development. As a nonprofit organization, it provides education for children ranging from preschool to high school age. The New School community empowers each student through a comprehensive educational experience, inspiring a love for lifelong learning and active citizenship. With a dedicated workforce of 203 individuals, this institution is committed to nurturing well-rounded students.
Official website here: www.thenewschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The New School Inc has received an 82% rating from Charity Navigator, which reflects a solid performance in accountability and finance. The organization has achieved a perfect score in several key areas, including the independence of its board members, financial oversight, and the presence of essential policies such as conflict of interest and whistleblower protections. This high level of governance is indicative of a commitment to transparency and responsible management of resources.
One of the standout features of The New School Inc is its strong program expense ratio, which at 82.40% indicates that a significant portion of its expenditures is directed towards its programs rather than administrative costs. This suggests that the organization is effectively utilizing its funds to fulfill its mission. Additionally, the absence of material diversion of assets and the proper documentation for board meetings further emphasize its accountability.
However, the organization does have a lower score on the liabilities to assets ratio, which sits at 68.97%. This could indicate potential financial concerns that may need to be addressed moving forward. Overall, while The New School Inc demonstrates strong governance and program efficiency, attention to its financial leverage might enhance its sustainability in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is The New School Inc legitimate?
The New School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New School 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: $587,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thenewschool.org
What is the mission statement of The New School Inc?
The New School Inc, as an independent educational institution, is committed to fostering a love for learning and enabling students to realize their full potential in academic achievement, creativity, and citizenship. The school community empowers each student by providing a well-rounded educational experience, inspiring a passion for lifelong learning. The New School offers schooling for children ranging from preschool to high school age.
Official website here: www.thenewschool.org
What is the revenue of The New School Inc?
The New School Inc's revenue in 2024 was $9,888,663.
Official website here: www.thenewschool.org
Who are the executives of The New School Inc and what are their salaries?
The average compensation at The New School Inc during 2024 was $2,743. There are 214 employees and 50 volunteers at The New School Inc.
Here are 17 key members and their salaries:
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- Compensation: $137,276
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- Other: $11,761
- Compensation: $414,308
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- Other: $22,266
Official website here: www.thenewschool.org
Where can I find the form 990 for The New School Inc?
The New School Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thenewschool.org
Learn more at the official website: www.thenewschool.org
Mission Statement of The New School Inc
The New School Inc, an independent educational institution, is committed to fostering a passion for learning in its students and aiding them in realizing their full potential. By offering a comprehensive educational experience, the school inspires a love for lifelong learning in its pupils, ranging from pre-school to high school age. The New School community empowers each student, encouraging their academic achievement, creativity, and development as responsible citizens.
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Impact
July, 2024
The New School Inc's impact lies in its dedication to inspiring a love of learning and empowering students to reach their potential for academic achievement, creativity, and citizenship. By providing schooling for preschool through high school-aged children in Fayetteville, Arkansas, The New School community empowers each student through a well-rounded experience and inspires a love of lifelong learning. They are making a significant difference in the field of education by nurturing students to become well-rounded individuals who are prepared to excel academically and contribute positively to society.
This information is meant to be a general summary of The New School 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 2024.
- Investment Income: $47,002
- Program Service Revenue: $6,916,530
- Gross Receipts: $11,433,634
Assets and Liabilities:
- Total Assets: $37,205,858
- Total Liabilities: $23,665,627
- Net Assets: $13,540,231
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$6,635,954
LESSONS
Revenue
$280,076
EVENT PROGRAM
Revenue
$500
Organization Details
Founding Year
1971
Principal Officer
John Wright
Website
www.thenewschool.orgNTEE Category
Code: B21 - Education
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