New Leaders
- Assets
- $51.9m
- Revenue
- $51.1m
- Investments
- $0.0
- Employees
- 164
- Location
- New York, NY
- Founding
- 01/2001
- Data as of
- 06/2022
- EIN
- 04-3519203
Organization Overview
New Leaders is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2022, New Leaders employed 164 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Leaders 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 06/2022, New Leaders generated $51.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $29.6m during the year ending 06/2022. While expenses have increased by 0.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP DEVELOPMENT PATHWAYS: THROUGH OUR LEADERSHIP DEVELOPMENT PATHWAYS, NEW LEADERS PROVIDES AN IMMERSIVE, COMPETENCY-BASED TRAINING EXPERIENCE THAT PROVIDES SCHOOL AND DISTRICT LEADERS AT MULTIPLE LEVELS- FROM TEACHER LEADERS TO PRINCIPAL SUPERVISORS-WITH THE INTERACTIVE TOOLS, INSTRUCTIONAL STRATEGIES, INDIVIDUALIZED COACHING, AND COMMUNITY SUPPORT REQUIRED TO DELIVER BREAKTHROUGH RESULTS AND SUSTAINED STUDENT OUTCOMES.
NATIONAL ASPIRING PRINCIPALS FELLOWSHIP: THE NATIONAL ASPIRING PRINCIPALS FELLOWSHIP IS AN ONLINE PRINCIPAL PREPARATION AND MASTER'S DEGREE PROGRAM THAT TRAINS THE NEXT GENERATION OF EQUITY-FOCUSED SCHOOL LEADERS WHO BETTER REFLECT THE STUDENTS THEY SERVE. A FIRST-OF-ITS-KIND PARTNERSHIP WITH TWO PRESTIGIOUS HISTORICALLY BLACK INSTITUTIONS, MOREHOUSE COLLEGE AND CLARK ATLANTA UNIVERSITY, THE FELLOWSHIP INTEGRATES THE 20+ YEAR RESEARCH AND EVIDENCE-BASE OF NEW LEADERS NATIONALLY RENOWNED PRINCIPAL PREPARATION PROGRAM AND EQUITY-CENTERED CONCEPTUAL FRAMEWORKS OF MOREHOUSE AND CLARK ATLANTA INTO A TRANSFORMATIVE AND COHORT-BASED ONLINE LEARNING EXPERIENCE. THIS IS PRINCIPAL PREPARATION AT ITS FINEST.
ALUMNI - STRATEGIC PARTNERSHIPS: STRATEGIC PARTNERSHIP SERVICES OFFER TARGETED GUIDANCE TO HELP SENIOR DISTRICT AND OTHER SYSTEM LEADERS DEVELOP ACTIONABLE STRATEGIES AND IMPLEMENTATION PLANS THAT GET RESULTS. THESE SERVICES ARE CUSTOM-TAILORED TO MEET THE NEEDS OF EACH DISTRICT OR SYSTEM, BUT MAY INCLUDE SUPPORT AROUND ORGANIZATIONAL EFFECTIVENESS, SYSTEM-WIDE DIAGNOSTICS, ACTION PLANNING AND KEY PERFORMANCE INDICATORS (KPIS), PERFORMANCE MANAGEMENT, AND CULTURE AND CLIMATE PLANNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Desravines CEO & Board Member | OfficerTrustee | 40 | $516,433 |
Michele Caracappa Chief Program Officer | Officer | 40 | $304,538 |
Sonia Beatty Chief Of Staff To CEO & Talent Off. | Officer | 40 | $276,008 |
Laura Kadetsky Cao, Sec. & General Counsel | Officer | 40 | $273,667 |
John Jenkins Chief Program Implementation Officer | Officer | 40 | $264,933 |
Noah Wepman Chief Fin. & Growth Off./treas. | Officer | 40 | $261,632 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Elite Systems America It Consultant | 6/29/22 | $165,674 |
Morehouse College University Partner Fees | 6/29/22 | $145,833 |
Tracey Benson Program Consultant | 6/29/22 | $165,000 |
Noodle Partners Inc Software Consultant | 6/29/22 | $610,503 |
Bardess Group Ltd Data Analytics Consultant | 6/29/22 | $167,119 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,000,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,332,694 |
| Noncash contributions included in lines 1a–1f | $607,241 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,332,694 |
| Total Program Service Revenue | $4,441,429 |
| Investment income | $278,617 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $11,796 |
| Net Rental Income | $17,521 |
| 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 | $51,082,057 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,310 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,643,073 |
| Compensation of current officers, directors, key employees. | $587,053 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,147,482 |
| Pension plan accruals and contributions | $310,617 |
| Other employee benefits | $2,396,601 |
| Payroll taxes | $1,366,509 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $72,697 |
| Fees for services: Accounting | $36,568 |
| Fees for services: Lobbying | $76,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,992 |
| Fees for services: Other | $4,162,989 |
| Advertising and promotion | $31,668 |
| Office expenses | $258,162 |
| Information technology | $583,906 |
| Royalties | $0 |
| Occupancy | $461,706 |
| Travel | $264,661 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,644 |
| Interest | $16,994 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,429 |
| Insurance | $170,514 |
| All other expenses | $147,892 |
| Total functional expenses | $29,598,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,702,375 |
| Savings and temporary cash investments | $30,690,532 |
| Pledges and grants receivable | $7,623,028 |
| Accounts receivable, net | $483,649 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $466,659 |
| Net Land, buildings, and equipment | $285,235 |
| Investments—publicly traded securities | $8,537,038 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $131,424 |
| Total assets | $51,919,940 |
| Accounts payable and accrued expenses | $4,350,499 |
| Grants payable | $0 |
| Deferred revenue | $246,215 |
| 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 | $202,619 |
| Total liabilities | $4,799,333 |
| Net assets without donor restrictions | $19,219,975 |
| Net assets with donor restrictions | $27,900,632 |
| 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 | $51,919,940 |
Grants Recieved
Over the last fiscal year, we have identified 24 grants that New Leaders has recieved totaling $7,236,295.
| Awarding Organization | Amount |
|---|---|
Charles And Helen Schwab Foundation San Francisco, CA PURPOSE: K-12 EDUCATION | $3,000,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $2,000,000 |
Salesforce Com Foundation San Francisco, CA PURPOSE: SUPPORT YOUTH DEVELOPMENT PROGRAM | $500,000 |
Koshland Foundation Menlo Park, CA PURPOSE: SUPPORT FOR THE LEADERSHIP NETWORK PROGRAM WITH OAKLAND USD | $500,000 |
Charles And Helen Schwab Foundation San Francisco, CA PURPOSE: K-12 EDUCATION | $400,000 |
Quest Foundation Danville, CA PURPOSE: NEW LEADERS PRINCIPAL PARTNERS PROGRAM | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
F I T Student Housing Corporation New York, NY | $172,356,223 | $33,857,523 |
New Leaders New York, NY | $51,919,940 | $51,082,057 |
Morrisville Auxiliary Of State Univ College Of Agricult & Technology Morrisville, NY | $25,329,251 | $17,429,247 |
Faculty Student Association State University College At Fredonia Inc Fredonia, NY | $20,429,854 | $14,962,919 |
The Jain Family Institute New York, NY | $1,266,575 | $5,283,522 |
Brockport Auxilary Service Corporation Brockport, NY | $15,024,153 | $10,683,968 |
Learning Lamp Inc Johnstown, PA | $5,123,554 | $8,804,669 |
West Chester University Student Services Inc West Chester, PA | $13,094,103 | $8,544,648 |
Student Association Inc California, PA | $24,020,549 | $6,805,716 |
Student Cooperative Association Inc Indiana, PA | $29,525,625 | $9,645,452 |
Albert Einstein College Of Medicine Staff Housing Company Inc Bronx, NY | $37,908,103 | $6,828,997 |
The Possible Project Inc Boston, MA | $20,628,656 | $12,891,174 |