New Century School
- Assets
- $4.9m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 63
- Location
- St Paul, MN
- Founding
- 03/2015
- Data as of
- 06/2021
- EIN
- 47-2142901
Organization Overview
New Century School is located in St Paul, MN. The organization was established in 2015. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, New Century School employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Century School 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 06/2021, New Century School generated $6.9m in total revenue. All expenses for the organization totaled $6.2m during the year ending 06/2021. While expenses have increased by 108.4% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEW CENTURY SCHOOL IS GOVERNED BY OUR BOARD OF DIRECTORS, WHICH SERVES TO GUIDE OUR SCHOOL BY HELPING US PLAN FOR THE INAUGURAL YEARS AND BEYOND. THE BOARD SUPPORTS OUR MISSION AND ENSURES OUR SCHOOL IS EQUIPPED TO PROVIDE OUR STUDENTS WITH THE BEST QUALITY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW CENTURY SCHOOL IS A K-8 PUBLIC CHARTER SCHOOL LOCATED IN THE MIDWAY AREA OF ST. PAUL, MINNESOTA. OUR INQUIRY-BASED LEARNING MODEL AND MULTI- DISCIPLINARY INSTRUCTIONAL APPROACH PROVIDES THE FOUNDATION FOR OUR SCHOOL'S RIGOROUS STEM-BASED CURRICULUM. THIS PAST YEAR REPRESENTED THE SECOND FULL YEAR OF OPERATION AS A MN PUBLIC CHARTER SCHOOL. WE SERVED APPROXIMATELY 197 STUDENTS IN GRADES K-6.
FOOD SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Tallman Secretary | OfficerTrustee | 2 | $51,375 |
Ahmed Anshur Treasurer | OfficerTrustee | 2 | $0 |
Ellie Holte Board Chair | OfficerTrustee | 2 | $0 |
Isse Abdi Member | Trustee | 2 | $0 |
Abdalia Nuno Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bille Bus Transportation Transportation | 6/29/21 | $526,851 |
Brain Food Food Service | 6/29/21 | $296,168 |
Frontline Business Transportation | 6/29/21 | $204,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,268,899 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,268,899 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $6,864,275 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,559,607 |
| Pension plan accruals and contributions | $679,917 |
| Other employee benefits | $81,923 |
| Payroll taxes | $193,125 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $342,784 |
| Advertising and promotion | $0 |
| Office expenses | $29,437 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $694,345 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $115,748 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,816 |
| Insurance | $12,999 |
| All other expenses | $0 |
| Total functional expenses | $6,184,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,501,717 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $829,949 |
| 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 | $142,054 |
| Net Land, buildings, and equipment | $339,901 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,102,264 |
| Total assets | $4,915,885 |
| Accounts payable and accrued expenses | $266,569 |
| Grants payable | $0 |
| Deferred revenue | $3,220 |
| 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 | $2,955,170 |
| Total liabilities | $3,224,959 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,690,926 |
| Total liabilities and net assets/fund balances | $4,915,885 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Century School has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
La Causa Inc Milwaukee, WI | $21,522,910 | $16,623,620 |
Summit Academy Oic Minneapolis, MN | $17,542,372 | $16,544,974 |
Groves Academy St Louis Park, MN | $27,486,120 | $17,504,895 |
Chileda Institute Inc La Crosse, WI | $16,643,719 | $12,257,585 |
Northeast Residence Inc White Bear Lake, MN | $10,561,990 | $9,409,360 |
Metro Deaf School Inc Saint Paul, MN | $5,404,852 | $8,171,369 |
Lake Region Corporation Devils Lake, ND | $4,659,780 | $9,506,457 |
Shepherds Baptist Ministries Inc Union Grove, WI | $10,932,314 | $7,438,958 |
New Century School St Paul, MN | $4,915,885 | $6,864,275 |
Phoenix Alternatives Inc White Bear Lake, MN | $5,941,141 | $7,421,750 |
Laura Baker School Association Northfield, MN | $5,414,331 | $5,578,294 |
A Chance To Grow Inc Minneapolis, MN | $4,925,101 | $6,534,279 |