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Nonprofiteer
← NEW SCHOOLS FOR NEW ORLEANS INC

Form 990 for tax year 2023

Filed by NEW SCHOOLS FOR NEW ORLEANS INC.

Totals

Total revenue
$19,752,135
Total expenses
$12,622,020
Contributions and grants received
$19,367,302
Grants paid
$5,512,908
Program service revenue
$122,900
Investment income
$256,211
Other revenue
$5,722
Total assets, end of year
$23,689,928
Total liabilities, end of year
$1,435,793
Net assets or fund balances, end of year
$22,254,135
Program services expenses (Part IX)
$11,820,567
Management and general expenses
$703,444
Fundraising expenses
$98,009
Program service expenses (Part III)
$11,820,567

Program services were 93.7% 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)

    $6,235,040

  • 1f · All other contributions, gifts and grants

    $13,132,262

  • 2a · Program service revenue: EDUCATIONAL SERVICES REVENUE

    total $122,900 · related or exempt $122,900

  • 3 · Investment income

    total $256,211 · excluded $256,211

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $2,592 · excluded $2,592

  • 11b · Other revenue: BOOTH RENTAL

    total $2,200 · excluded $2,200

  • 11c · Other revenue: IRS REFUND

    total $930 · excluded $930

  • 11e · Other revenue, total

    $5,722

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,423,908 · program services $5,423,908

  • 2 · Grants to domestic individuals

    total $89,000 · program services $89,000

  • 5 · Compensation of officers, directors and key employees

    total $447,363 · program services $307,265 · management and general $98,306 · fundraising $41,792

  • 7 · Other salaries and wages

    total $1,931,240 · program services $1,528,553 · management and general $397,596 · fundraising $5,091

  • 8 · Pension plan contributions

    total $81,537 · program services $62,931 · management and general $16,999 · fundraising $1,607

  • 9 · Other employee benefits

    total $242,134 · program services $186,880 · management and general $50,481 · fundraising $4,773

  • 10 · Payroll taxes

    total $173,230 · program services $133,700 · management and general $36,116 · fundraising $3,414

  • 11b · Fees: legal

    total $3,650 · program services $3,608 · management and general $36 · fundraising $6

  • 11c · Fees: accounting

    total $43,350 · program services $42,853 · management and general $426 · fundraising $71

  • 11g · Fees: other

    total $3,240,418 · program services $3,200,806 · management and general $35,382 · fundraising $4,230

  • 12 · Advertising and promotion

    total $137,557 · program services $137,050 · management and general $507

  • 13 · Office expenses

    total $243,498 · program services $213,372 · management and general $23,878 · fundraising $6,248

  • 16 · Occupancy

    total $85,266 · program services $74,717 · management and general $8,361 · fundraising $2,188

  • 17 · Travel

    total $82,271 · program services $78,810 · management and general $3,461

  • 23 · Insurance

    total $14,753 · management and general $14,753

  • 24a · Other expenses: BAD DEBTS

    total $235,770 · program services $235,770

  • 24b · Other expenses: MEALS AND ENTERTAINMENT

    total $97,806 · program services $93,243 · management and general $3,879 · fundraising $684

  • 24c · Other expenses: PROFESSIONAL DEVELOPMEN

    total $48,151 · program services $8,046 · management and general $12,200 · fundraising $27,905

  • 24d · Other expenses: MISCELLANEOUS

    total $1,118 · program services $55 · management and general $1,063

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,391,444 · end of year $1,440,050

  • 2 · Savings and temporary cash investments

    beginning of year $4,103,866 · end of year $11,878,197

  • 3 · Pledges and grants receivable

    beginning of year $9,790,090 · end of year $10,165,638

  • 4 · Accounts receivable

    beginning of year $155,483 · end of year $92,478

  • 7 · Other notes and loans receivable

    beginning of year $235,770 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $182,420 · end of year $113,565

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

    $43,994

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

    $43,994

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $440,993 · end of year $226,285

  • 18 · Grants payable

    beginning of year $2,294,060 · end of year $1,209,508

  • 27 · Net assets without donor restrictions

    beginning of year $9,403,245 · end of year $17,122,826

  • 28 · Net assets with donor restrictions

    beginning of year $5,720,775 · end of year $5,131,309

Mission and programs · 2023

Mission

THE MISSION OF NSNO IS TO ACHIEVE EXCELLENT PUBLIC SCHOOLS FOR EVERY CHILD IN NEW ORLEANS BY: (1) ATTRACTING AND PREPARING TALENT TO TEACH AND LEAD (2) LAUNCHING AND SUPPORTING OPEN-ENROLLMENT PUBLIC CHARTER SCHOOLS AND (3) ADVOCATING FOR ACCOUNTABLE (CONTINUED ON SCHEDULE O) AND SUSTAINABLE HIGH-QUALITY PUBLIC SCHOOLS.

Activities or mission (Part I)

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.

  • 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.

    Expenses $1,403,064 · Grants $243,275 · Revenue $34,616

  • 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.

    Expenses $571,179

  • 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).

    Expenses $8,936,607 · Grants $5,269,633 · Revenue $88,284

  • 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.

    Expenses $909,717

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • STEPHEN W HALES MD

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • CHRISTINE L JORDAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • SARAH NEWELL USDIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • ERIKA MCCONDUIT

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • WALTER ISAACSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • STEPHEN ROSENTHAL

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • PATRICK DOBARD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • TYRONNE WALKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • WALT LEGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • JOHN WHITE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • ALEXINA MEDLEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • DANA PETERSON

    CEO/BOARD MEMBER

    Total calculated
    $279,643
    From this org
    $246,964
    From related orgs
    $0
    Other
    $32,679
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $246,964
    Bonus
    $0
    Other
    $0
    Deferred
    $22,500
    Nontaxable benefits
    $10,179
    Filer's total
    $279,643

  • TIFFANY DELCOUR

    CHIEF OF OPERATIONS

    Total calculated
    $118,247
    From this org
    $109,452
    From related orgs
    $0
    Other
    $8,795
    Hours/week
    40

  • ANNE BANOS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • ALEXANDER JARRELL RESIGNED 032024

    CHIEF INNOVATION OFFICER

    Total calculated
    $167,010
    From this org
    $147,313
    From related orgs
    $0
    Other
    $19,697
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,313
    Bonus
    $0
    Other
    $0
    Deferred
    $6,058
    Nontaxable benefits
    $13,639
    Filer's total
    $167,010

  • NANCIA STERLING RESIGNED 042024

    CHIEF OF SCHOOLS

    Total calculated
    $146,552
    From this org
    $131,238
    From related orgs
    $0
    Other
    $15,314
    Hours/week
    40

  • LAURA HAWKINS

    CHIEF OF STRATEGIC ADVANCE

    Total calculated
    $141,410
    From this org
    $131,501
    From related orgs
    $0
    Other
    $9,909
    Hours/week
    40

  • HOLLY REID

    CHIEF OF PORTFOLIO AND POL

    Total calculated
    $140,683
    From this org
    $125,235
    From related orgs
    $0
    Other
    $15,448
    Hours/week
    40

  • LAUREN BAIN

    EXECUTIVE DIRECTOR OF TEACHER PIPELINES

    Total calculated
    $124,802
    From this org
    $116,146
    From related orgs
    $0
    Other
    $8,656
    Hours/week
    40

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

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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

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
2023
Filed
14 August 2025
IRS schema version
2023v6.0
Source object
202512279349300236

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

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