New Schools For New Orleans Inc is located in New Orleans, LA. The organization was established in 2006. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 09/2023, New Schools For New Orleans Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Schools For New Orleans Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, New Schools For New Orleans Inc generated $19.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $15.1m during the year ending 09/2023. While expenses have increased by 4.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, New Schools For New Orleans Inc has awarded 339 individual grants totaling $74,375,649. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF NSNO IS TO ACHIEVE EXCELLENT PUBLIC SCHOOLS FOR EVERY CHILD IN (SEE SCHEDULE O) NEW ORLEANS BY ATTRACTING AND PREPARING TALENT TO TEACH AND LEAD, LAUNCHING AND SUPPORTING OPEN-ENROLLMENT PUBLIC CHARTER SCHOOLS, AND ADVOCATING FOR ACCOUNTABLE AND SUSTAINABLE HIGH-QUALITY PUBLIC SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PORTFOLIO: NSNO INVESTS IN SCHOOLS AND PARTNERS WITH THE ORLEANS PARISH SCHOOL BOARD TO IMPROVE THE QUALITY OF NEW ORLEANS' SCHOOL OPTIONS.NSNO WILL BROADEN THEIR EFFORT TO IDENTIFY AND SUPPORT NEW SCHOOL MODELS THAT HAVE PROMISING APPROACHES OR FULFILL SPECIFIC CITYWIDE DEMANDS FROM STUDENTS AND FAMILIES.NSNO ALSO RECOGNIZES THAT FAR TOO MANY CHILDREN ARE BEING UNDERSERVED IN OUR SCHOOLS. NSNO WILL WORK WITH THE DISTRICT AND OTHER SUPPORT ORGANIZATIONS TO ENSURE STUDENTS ARE NOT REQUIRED TO REMAIN IN SCHOOLS THAT DO NOT MEET THEIR NEEDS.
POLICY: NSNO PROVIDES COMMUNICATIONS AND POLICY SUPPORT TO MAINTAIN A REFORM-FRIENDLY ENVIRONMENT.NSNO WILL DILIGENTLY MONITOR THE POLICY LANDSCAPE AND COLLABORATE WITH THEIR PARTNERS TO HELP OPSB IMPLEMENT POLICIES THAT ALLOW GREAT SCHOOLS TO THRIVE. NSNO WILL HELP SHARE THE STORIES OF THE GREAT WORK HAPPENING IN THEIR SCHOOLS, WHILE ALSO SHINING A LIGHT ON THE CHALLENGES THEIR SYSTEM STILL FACES AND HOW THEIR CITY IS WORKING TO SOLVE THEM.
CURRICULUM: NSNO HELPS SCHOOLS MAKE THE CURRICULAR AND INSTRUCTIONAL SHIFTS NECESSARY TO MEET MORE RIGOROUS ACADEMIC STANDARDS.THE NSNO INSTRUCTIONAL QUALITY INITIATIVE WILL ENSURE SCHOOLS: 1) MOVE TO ADOPT STANDARDS-ALIGNED INSTRUCTIONAL MATERIALS AND 2) RECEIVE INTENSIVE, TAILORED SUPPORT TO IMPROVE IMPLEMENTATION OF THOSE MATERIALS, SO THAT STUDENTS ARE BETTER PREPARED TO MASTER MORE RIGOROUS STANDARDS.
TALENT: NSNO TAKES A LEADING ROLE IN COORDINATING SOLUTIONS TO THE CITY'S TEACHER RECRUITMENT AND RETENTION CHALLENGES.NSNO WAS AWARDED A US DEPARTMENT OF EDUCATION TEACHER INCENTIVE FUND GRANT TO PROMOTE STUDENT ACHIEVEMENT AND EDUCATOR EXCELLENCE IN NEW ORLEANS PUBLIC SCHOOLS. TEACHERS WILL BE EVALUATED BASED ON MULTIPLE OBSERVATIONS AND A MEASURE OF STUDENT ACHIEVEMENT. THESE EVALUATIONS WILL ALLOW SCHOOL LEADERS AND ORGANIZATION ADMINISTRATORS TO PROVIDE ALIGNED SUPPORT DESIGNED TO ENABLE TEACHERS AND LEADERS TO BECOME MORE EFFECTIVE EDUCATORS. IN ADDITION, RESULTS FROM THESE EVALUATIONS WILL BE USED TO DETERMINE EDUCATOR ELIGIBILITY FOR PERFORMANCE-BASED COMPENSATION SYSTEMS. BY CHAMPIONING PROFESSIONAL (CONTINUED ON SCH. O) EXCELLENCE WITH A FOCUS ON STUDENT ACHIEVEMENT, NOLA TIF WILL SUPPORT THE CONTINUED DRIVE TOWARD ACHIEVING EXCELLENT PUBLIC SCHOOLS FOR EVERY CHILD IN NEW ORLEANS. NSNO WAS ALSO AWARDED A US DEPARTMENT OF EDUCATION TEACHER AND SCHOOL LEADER INCENTRIVE GRANT TO SUPPORT PARTNER SCHOOLS IMPLEMENTING, IMPORVING, OR EXPANDING THEIR OVERALL HUMAN CAPITAL MANAGEMENT SYSTEM (HCMS), INCLUDING A PERFORMANCE-BASED COMPENSATION SYSTEM (PBCS).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen W Hales MD Board Member | Trustee | 3 | $0 |
Christine L Jordan Chair | OfficerTrustee | 5 | $0 |
Sarah Newell Usdin Board Member | Trustee | 3 | $0 |
Erika Mcconduit Vice Chair | OfficerTrustee | 5 | $0 |
Walter Isaacson Board Member | Trustee | 3 | $0 |
Stephen Rosenthal Treasurer | OfficerTrustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ernst And Young Education Sector Consulting | 9/29/18 | $1,610,000 |
Nancy Euske Leadership Training | 9/29/18 | $159,682 |
Rahel Wondwossen Leadership Training | 9/29/18 | $108,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,756,616 |
All other contributions, gifts, grants, and similar amounts not included above | $12,960,529 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $18,717,145 |
Total Program Service Revenue | $150,600 |
Investment income | $124,609 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $18,994,154 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,707,351 |
Grants and other assistance to domestic individuals. | $116,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $250,000 |
Compensation of current officers, directors, key employees. | $12,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,211,990 |
Pension plan accruals and contributions | $82,564 |
Other employee benefits | $243,936 |
Payroll taxes | $177,402 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,065 |
Fees for services: Accounting | $43,455 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,519,347 |
Advertising and promotion | $123,961 |
Office expenses | $257,712 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $68,360 |
Travel | $87,683 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $12,925 |
All other expenses | $4,761 |
Total functional expenses | $15,104,946 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,391,444 |
Savings and temporary cash investments | $4,103,866 |
Pledges and grants receivable | $9,790,090 |
Accounts receivable, net | $155,483 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $235,770 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $182,420 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,859,073 |
Accounts payable and accrued expenses | $440,993 |
Grants payable | $2,294,060 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,735,053 |
Net assets without donor restrictions | $9,403,245 |
Net assets with donor restrictions | $5,720,775 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $17,859,073 |
Over the last fiscal year, New Schools For New Orleans Inc has awarded $7,692,063 in support to 22 organizations.
Grant Recipient | Amount |
---|---|
COLLEGIATE ACADEMIES PURPOSE: $12,000 INSTRUCTIONAL QUALITY INITIATIVE; $13,752 ASPEN CHALENGE; $798,686 TSL; $1,000,000 SEAT CREATE | $1,824,438 |
CRESCENT CITY SCHOOLS PURPOSE: SEAT CREATE | $764,000 |
EINSTEIN GROUP INC PURPOSE: $2,184 ASPEN CHALLENGE; $475,398 TSL | $477,582 |
FIRSTLINE SCHOOLS PURPOSE: $568,712 TSL; $14,333 TRANSITION SUPPORT GRANT; $8,000 INSTRUCTIONAL QUALITY INITIATIVE; $28,667 ACCELERATE TUTOR SUPPORT GRANT | $619,712 |
FRENCH AND MONTESSORI EDUCATION INC (AUDUBON CHARTER) PURPOSE: INSTRUCTIONAL QUALITY INITIATIVE | $8,000 |
ELAN ACADEMY PURPOSE: SEAT CREATE | $600,000 |