New School Of Lancaster
- Assets
- $4.7m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 68
- Location
- Lancaster, PA
- Founding
- 09/1990
- Data as of
- 06/2024
- EIN
- 23-2611314
Organization Overview
New School Of Lancaster is located in Lancaster, PA. The organization was established in 1990. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2024, New School Of Lancaster employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New School Of Lancaster 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 06/2024, New School Of Lancaster generated $4.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $4.0m during the year ending 06/2024. While expenses have increased by 6.9% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE NEW SCHOOL OF LANCASTER OPERATES A MONTESSORI SCHOOL FOR CHILDREN FROM TODDLERS THROUGH EIGHTH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT EDUCATIONAL PROGRAMS FOR STUDENTS FROM INFANT THROUGH EIGHTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Boris Bajlovic Trustee | Trustee | 0.5 | $0 |
Phoebe Radcliffe Trustee | Trustee | 0.5 | $0 |
Kiandra Steffy Trustee | Trustee | 0.5 | $0 |
Anna Hastings Trustee | Trustee | 0.5 | $0 |
Edward Mccauley Trustee | Trustee | 0.5 | $0 |
Jennifer Prisco Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,945 |
| All other contributions, gifts, grants, and similar amounts not included above | $353,128 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $374,073 |
| Total Program Service Revenue | $3,898,735 |
| Investment income | $27,857 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,073 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,314,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $395,343 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $153,253 |
| Compensation of current officers, directors, key employees. | $29,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,051,923 |
| Pension plan accruals and contributions | $46,512 |
| Other employee benefits | $0 |
| Payroll taxes | $359,620 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,345 |
| Advertising and promotion | $36,567 |
| Office expenses | $17,413 |
| Information technology | $10,201 |
| Royalties | $0 |
| Occupancy | $153,878 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,587 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $174,737 |
| Insurance | $25,956 |
| All other expenses | $54,096 |
| Total functional expenses | $3,989,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,079,482 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $77,379 |
| 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 | $42,983 |
| Net Land, buildings, and equipment | $2,857,697 |
| Investments—publicly traded securities | $602,984 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,453 |
| Total assets | $4,696,978 |
| Accounts payable and accrued expenses | $355,552 |
| Grants payable | $0 |
| Deferred revenue | $335,364 |
| 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 | $1,089,986 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $31,804 |
| Total liabilities | $1,812,706 |
| Net assets without donor restrictions | $2,579,022 |
| Net assets with donor restrictions | $305,250 |
| 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 | $4,696,978 |