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Nonprofiteer
← NEW VISIONS FOR PUBLIC SCHOOLS INC

Form 990 for tax year 2022

Filed by NEW VISIONS FOR PUBLIC SCHOOLS INC.

Totals

Total revenue
$27,412,251
Total expenses
$37,712,091
Contributions and grants received
$18,890,824
Grants paid
$3,848,078
Program service revenue
$7,209,512
Investment income
$1,254,996
Other revenue
$56,919
Total assets, end of year
$81,807,141
Total liabilities, end of year
$29,564,496
Net assets or fund balances, end of year
$52,242,645
Program services expenses (Part IX)
$32,918,616
Management and general expenses
$4,128,598
Fundraising expenses
$664,877
Program service expenses (Part III)
$32,918,616

Program services were 87.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $13,221,606

  • 1f · All other contributions, gifts and grants

    $5,669,218

  • 2a · Program service revenue: MANAGEMENT FEE INCOME

    total $6,758,128 · related or exempt $6,758,128

  • 2b · Program service revenue: FEE FOR SERVICE

    total $415,000 · related or exempt $415,000

  • 2c · Program service revenue: AGENCY FEE INCOME

    total $36,384 · related or exempt $36,384

  • 3 · Investment income

    total $1,278,522 · excluded $1,278,522

  • 7a · Gross sales of assets other than inventory

    securities $39,407,075

  • 7b · Less cost or other basis and sales expenses

    securities $39,430,601

  • 7c · Gain or loss

    securities -$23,526

  • 7d · Net gain or loss

    total -$23,526 · excluded -$23,526

  • 11a · Other revenue: OTHER

    total $56,919 · excluded $56,919

  • 11e · Other revenue, total

    $56,919

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,333,221 · program services $2,333,221

  • 2 · Grants to domestic individuals

    total $1,514,857 · program services $1,514,857

  • 5 · Compensation of officers, directors and key employees

    total $2,557,447 · program services $1,971,593 · management and general $532,221 · fundraising $53,633

  • 7 · Other salaries and wages

    total $20,479,286 · program services $17,743,951 · management and general $2,330,663 · fundraising $404,672

  • 8 · Pension plan contributions

    total $1,326,180 · program services $1,166,058 · management and general $137,123 · fundraising $22,999

  • 9 · Other employee benefits

    total $2,307,635 · program services $1,962,954 · management and general $286,804 · fundraising $57,877

  • 10 · Payroll taxes

    total $1,872,583 · program services $1,616,030 · management and general $217,974 · fundraising $38,579

  • 11b · Fees: legal

    total $103,176 · program services $77,475 · management and general $25,690 · fundraising $11

  • 11c · Fees: accounting

    total $82,325 · program services $70,899 · management and general $9,993 · fundraising $1,433

  • 11d · Fees: lobbying

    total $78,000 · program services $78,000

  • 11f · Fees: investment management

    total $71,894 · management and general $71,894

  • 11g · Fees: other

    total $466,292 · program services $418,764 · management and general $47,268 · fundraising $260

  • 16 · Occupancy

    total $1,220,682 · program services $1,049,443 · management and general $149,779 · fundraising $21,460

  • 17 · Travel

    total $637,490 · program services $559,709 · management and general $66,059 · fundraising $11,722

  • 22 · Depreciation, depletion and amortization

    total $336,516 · program services $289,335 · management and general $41,220 · fundraising $5,961

  • 23 · Insurance

    total $110,298 · program services $94,155 · management and general $14,025 · fundraising $2,118

  • 24a · Other expenses: SUPPLIES

    total $1,367,672 · program services $1,242,660 · management and general $104,459 · fundraising $20,553

  • 24b · Other expenses: MISCELLANEOUS

    total $685,013 · program services $591,089 · management and general $77,551 · fundraising $16,373

  • 24c · Other expenses: EQUIPMENT RENTAL & MAIN

    total $64,164 · program services $55,207 · management and general $7,861 · fundraising $1,096

  • 24d · Other expenses: TELECOMMUNICATION

    total $45,888 · program services $39,189 · management and general $5,459 · fundraising $1,240

  • 24e · All other expenses

    total $51,472 · program services $44,027 · management and general $2,555 · fundraising $4,890

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $255,361 · end of year $2,500

  • 2 · Savings and temporary cash investments

    beginning of year $12,338,862 · end of year $10,838,205

  • 3 · Pledges and grants receivable

    beginning of year $15,910,788 · end of year $6,918,149

  • 4 · Accounts receivable

    beginning of year $2,140,923 · end of year $2,058,123

  • 9 · Prepaid expenses and deferred charges

    beginning of year $123,112 · end of year $143,854

  • 10a · Land, buildings and equipment: cost or other basis

    $6,649,402

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,646,500

  • 10c · Land, buildings and equipment, net

    beginning of year $4,205,577 · end of year $4,002,902

  • 11 · Investments: publicly traded securities

    beginning of year $36,165,271 · end of year $39,430,601

  • 15 · Other assets

    beginning of year $4,524,693 · end of year $18,412,807

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,859,434 · end of year $2,293,146

  • 18 · Grants payable

    beginning of year $1,841,923 · end of year $2,260,041

  • 25 · Other liabilities

    beginning of year $10,983,206 · end of year $25,011,309

  • 27 · Net assets without donor restrictions

    beginning of year $49,330,039 · end of year $46,969,896

  • 28 · Net assets with donor restrictions

    beginning of year $11,649,985 · end of year $5,272,749

Mission and programs · 2022

Mission

IMPROVING THE QUALITY OF EDUCATION IN NYC PUBLIC SCHOOLS AND ENSURING THAT ALL STUDENTS HAVE ACCESS TO EFFECTIVE SCHOOLS THAT ENABLE THEM TO GRADUATE FROM HIGH SCHOOL FULLY PREPARED FOR COLLEGE AND CAREER.

  • SCHOOL SUPPORT WORKS WITH 1,580 SCHOOLS IN ALL THE BOROUGHS OF NEW YORK CITY, SERVING OVER 835,000 STUDENTS AS OF JUNE 30, 2023. IN ADDITION TO FUNCTIONING AS A CHARTER MANAGEMENT, ORGANIZATION (CMO) FOR ITS TEN CHARTER HIGH SCHOOLS, THE ORGANIZATION SUPPORTS SCHOOLS THROUGH ITS AFFINITY GROUP AND CITYWIDE PARTNERSHIPS WITH THE NYCDOE. NEW VISIONS PROVIDES DIRECT ONE-TO-ONE SUPPORT TO ITS CHARTER AND AFFINITY SCHOOLS THROUGH TWO CORE STRATEGIES, CONTINUOUS IMPROVEMENT COACHING (CIC) AND STRATEGIC DATA CHECK-INS (SDCS). THE ORGANIZATION ALSO MAKES LEADERSHIP, SPECIAL EDUCATION, AND MULTILINGUAL LEARNER SUPPORT AVAILABLE TO ITS CHARTER SCHOOLS AND AFFINITY NETWORK, AND PROVIDES ADDITIONAL SUPPORT ON COMPLIANCE AND LITERACY INTERVENTIONS FOR ITS CHARTER SCHOOLS. ADDITIONALLY, THE ORGANIZATION WORKS WITH MULTIPLE SUBGROUPS OF SCHOOLS IN ITS AFFINITY AND CHARTER NETWORKS ON GRANT-FUNDED ACTIVITIES, INCLUDING THE COLLEGE READINESS NETWORK FOR SCHOOL IMPROVEMENT, WHICH FOCUSES ON ESTABLISHING MODELS FOR ONE-TO-ONE CHECK-INS BETWEEN STUDENTS AND EDUCATORS TO HELP KEEP STUDENTS ON TRACK DURING NINTH GRADE; AND MULTIPLE EFFORTS TO SUPPORT POSTSECONDARY ADVISING AND SUCCESS, INCLUDING THE POSTSECONDARY ADVISING MODEL THAT DEVELOPS STRATEGIES FOR CONSISTENT, HIGH-QUALITY POSTSECONDARY ADVISING, AND THE COLLEGE ACCESS AND ACTION NETWORK, WHICH DEVELOPS THE CAPACITY OF COUNSELORS TO SUPPORT STUDENTS' COLLEGE AND CAREER READINESS.

    Expenses $17,016,578 · Grants $2,735,883 · Revenue $7,209,512

  • SYSTEMS AND DATA ANALYTICS (SYSDAAR) BUILDS SCHOOL MANAGEMENT TOOLS THAT PROVIDE ACTIONABLE INFORMATION AND INSIGHTS THAT HELP SCHOOL STAFF MAKE PLANS FOR STUDENT SUCCESS, TRACK THE IMPLEMENTATION OF THOSE PLANS, AND PROVIDE TARGETED SUPPORT WHEN STUDENTS NEED IT. THE ORGANIZATION WORKS TO EMPOWER THOSE CLOSEST TO STUDENTS - ESPECIALLY PRINCIPALS, TEACHERS, AND COUNSELORS - TO BE DATA-DRIVEN DECISION-MAKERS AND POWERFUL ACTORS IN IMPROVING STUDENT OUTCOMES. THE ORGANIZATION ADDITIONALLY WORKS WITH THE NYCDOE TO DEVELOP DISTRICT-LEVEL TOOLS THAT HELP CENTRAL OFFICE STAFF, SUPERINTENDENTS, AND OTHER KEY LEADERS WITHIN THE DISTRICT UNDERSTAND PATTERNS OF PERFORMANCE IN SCHOOLS THEY OVERSEE AND PROVIDE SUPPORT WHERE NEEDED.

    Expenses $11,128,559

  • THE CURRICULUM & INSTRUCTION (C&I) DEPARTMENT SUPPORTS THE GROWTH OF TEACHERS, ADMINISTRATORS, COUNSELORS, AND LIBRARIANS AT VARIOUS STAGES THROUGHOUT THEIR CAREERS. NEW VISIONS IS COMMITTED TO PROVIDING TEACHERS, COUNSELORS, AND LIBRARIANS WITH THE TOOLS AND SKILLS NECESSARY TO DO THEIR JOBS AS EFFECTIVELY AS POSSIBLE. THE C&I DEPARTMENT FOCUSES ON SUPPORTING IN-SERVICE TEACHERS TO DEVELOP THEIR CONTENT AND PEDAGOGICAL KNOWLEDGE, PRIMARILY BY DEVELOPING OR IDENTIFYING HIGH-QUALITY INSTRUCTIONAL MATERIALS AND PROVIDING ALIGNED PROFESSIONAL LEARNING OPPORTUNITIES. THE INSTRUCTIONAL NETWORK FOR SCHOOL IMPROVEMENT, LAUNCHED IN THE SCHOOL YEAR 2021-22, SUPPORTS A NETWORK OF NYCDOE HIGH SCHOOLS TO ADOPT AND EFFECTIVELY USE A COMMON CURRICULUM AND INSTRUCTIONAL APPROACH FOR 9TH-GRADE ALGEBRA. THE ORGANIZATION ALSO SUPPORTS SCHOOL LIBRARIANS THROUGH THE ASTOR CAMPUS LIBRARIAN NETWORK (CLN) PROGRAM.

    Expenses $4,773,479 · Grants $1,112,195

  • POLICY, RESEARCH, AND INNOVATION - NEW VISIONS IS COMMITTED TO DEVELOPING NEW STRATEGIES, IDEAS, AND SOLUTIONS FOR THE CHALLENGES FACING EDUCATORS AND STUDENTS. NEW VISIONS IS DEDICATED TO SCALING OUR RESULTS AND FINDINGS ON BOTH A LOCAL LEVEL AND A NATIONAL LEVEL. OUR SMALL SCHOOL DESIGN PROGRESS WAS ADOPTED BY THE NYC DOE TO CREATE HUNDREDS OF SMALL SCHOOLS. OUR INQUIRY METHODOLOGY DEVELOPED AND PILOTED BY NEW VISIONS. IS NOW USED IN EVERY PUBLIC SCHOOL THROUGHOUT THE CITY AND HAS NATIONAL REACH IN OTHER CITIES.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • GARY L GINSBERG ESQ

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.1

  • BLAIR W EFFRON

    CO-CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.1

  • PETER ORSZAG

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1

  • BETH J LIEF

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • ESTHER NEWBERG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • IAN M COOK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • LISA CAPUTO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • DR MEISHA PORTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • RALPH L SCHLOSSTEIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • REVDR CALVIN BUTTS III THRU 1022

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • RICHARD I BEATTIE ESQ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • ROGER C ALTMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • DR SANDYE POITIER JOHNSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • SUE LEHMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • CARRIE BRADDOCK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • DR TARIKA BARRETT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • TODD FISHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • SABIENNE BRUTUS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • WILLIAM M LEWIS JR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • MARK C DUNETZ

    PRESIDENT

    Total calculated
    $580,901
    From this org
    $469,330
    From related orgs
    $0
    Other
    $111,571
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $455,622
    Bonus
    $13,708
    Other
    $0
    Deferred
    $104,366
    Nontaxable benefits
    $7,205
    Filer's total
    $580,901

  • CYNTHIA RIETSCHA

    COO & CFO

    Total calculated
    $318,746
    From this org
    $295,117
    From related orgs
    $0
    Other
    $23,629
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $286,514
    Bonus
    $8,603
    Other
    $0
    Deferred
    $23,629
    Nontaxable benefits
    $0
    Filer's total
    $318,746

  • BRADLEY GUNTON

    VP OF SCHOOL SYSTEMS AND DATA ANALYTICS

    Total calculated
    $320,852
    From this org
    $276,327
    From related orgs
    $0
    Other
    $44,525
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $268,058
    Bonus
    $8,269
    Other
    $0
    Deferred
    $22,188
    Nontaxable benefits
    $22,337
    Filer's total
    $320,852

  • JEFFERSON PESTRONK

    VP OF STRATEGY & DEVELOPMENT

    Total calculated
    $264,001
    From this org
    $235,879
    From related orgs
    $0
    Other
    $28,122
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $228,860
    Bonus
    $7,019
    Other
    $0
    Deferred
    $19,134
    Nontaxable benefits
    $8,988
    Filer's total
    $264,001

  • JENNIE SOLER-MCINTOSH

    VP OF COMMU ENGAGMT AND POSTSECONDARY PAR

    Total calculated
    $287,061
    From this org
    $244,782
    From related orgs
    $0
    Other
    $42,279
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $237,587
    Bonus
    $7,195
    Other
    $0
    Deferred
    $19,762
    Nontaxable benefits
    $22,517
    Filer's total
    $287,061

  • KIRAN PUROHIT

    VP OF CURRICULUM AND INSTRUCTION

    Total calculated
    $232,710
    From this org
    $198,675
    From related orgs
    $0
    Other
    $34,035
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $192,571
    Bonus
    $6,104
    Other
    $0
    Deferred
    $16,764
    Nontaxable benefits
    $17,271
    Filer's total
    $232,710

  • EDGAR RODRIGUEZ

    SUPERINTENDENT OF CHARTER SCHOOLS

    Total calculated
    $262,610
    From this org
    $236,652
    From related orgs
    $0
    Other
    $25,958
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $219,808
    Bonus
    $16,844
    Other
    $0
    Deferred
    $8,952
    Nontaxable benefits
    $17,006
    Filer's total
    $262,610

  • DEREK JONES

    VP, DISTRICT SCHOOL SUPPORT

    Total calculated
    $260,632
    From this org
    $234,041
    From related orgs
    $0
    Other
    $26,591
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $227,098
    Bonus
    $6,943
    Other
    $0
    Deferred
    $19,070
    Nontaxable benefits
    $7,521
    Filer's total
    $260,632

  • JOSEPH POSNER

    DIRECTOR OF HUMAN RESOURCES

    Total calculated
    $260,583
    From this org
    $224,976
    From related orgs
    $0
    Other
    $35,607
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $218,204
    Bonus
    $6,772
    Other
    $0
    Deferred
    $18,601
    Nontaxable benefits
    $17,006
    Filer's total
    $260,583

  • NICOLE GIUNTA

    CHIEF OF STAFF

    Total calculated
    $223,433
    From this org
    $199,902
    From related orgs
    $0
    Other
    $23,531
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $194,037
    Bonus
    $5,865
    Other
    $0
    Deferred
    $16,109
    Nontaxable benefits
    $7,422
    Filer's total
    $223,433

  • CARLOS MENDOZA

    DIRECTOR OF ENGINEERING

    Total calculated
    $222,918
    From this org
    $198,833
    From related orgs
    $0
    Other
    $24,085
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $192,733
    Bonus
    $6,100
    Other
    $0
    Deferred
    $16,015
    Nontaxable benefits
    $8,070
    Filer's total
    $222,918

  • JEANNE ENG

    DIRECTOR OF TECHNOLOGY

    Total calculated
    $207,865
    From this org
    $185,290
    From related orgs
    $0
    Other
    $22,575
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $179,809
    Bonus
    $5,481
    Other
    $0
    Deferred
    $15,054
    Nontaxable benefits
    $7,521
    Filer's total
    $207,865

  • DANIELLE R SCARAMELLINO

    DIRECTOR - PRODUCT DEVELOPMENT

    Total calculated
    $198,098
    From this org
    $176,024
    From related orgs
    $0
    Other
    $22,074
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $170,726
    Bonus
    $5,298
    Other
    $0
    Deferred
    $14,553
    Nontaxable benefits
    $7,521
    Filer's total
    $198,098

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3:
PRESIDENT'S COMPENSATION IS DETERMINED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE COMMITTEE REFERS TO VARIOUS SOURCES IN ESTABLISHING THE RATE SUCH AS SALARY SURVEYS FOR LIKE POSITION, INDEPENDENT RESEARCH SUCH AS DATA GATHERED FROM THE 990'S SIMILAR ORGANIZATIONS AND IF DEEMED NECESSARY CONSULTATION WITH AN INDEPENDENT CONSULTANT.
PART I, LINE 4B:
PRESIDENT PARTICIPATES IN SUPPLEMENTAL INCOME PLAN.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
2 March 2024
IRS schema version
2022v5.0
Source object
202430629349300023

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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