New System School Inc
- Assets
- $27.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fayetteville, TN
- Founding
- 10/1995
- Data as of
- 12/2022
- EIN
- 62-1506699
Organization Overview
New System School Inc is located in Fayetteville, TN. The organization was established in 1995. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New System School 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 12/2022, New System School Inc generated $70.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $68.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FAITH BASED PRIVATE SCHOOL TO ASSIST THOSE WHO CHOSE TO HOME SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Young President | 20 | $9,900 | |
David Feucht Vice Preside | 10 | $22,599 | |
Brenda Young Secretary | 20 | $9,900 | |
Laura Feucht Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,936 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,936 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,041 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,398 |
| Printing, publications, postage, and shipping | $716 |
| Other expenses | $6,033 |
| Total expenses | $68,188 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,648 |
| Other assets | $0 |
| Total assets | $27,648 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,648 |