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SHEILA C SKIP NOWELL LEADERSHIP ACADEMY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
SHEILA C SKIP NOWELL LEADERSHIP ACADEMY (EIN 46-2385806)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-06
IRS object ID
202441279349303039
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-06T16:18:33-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN111986323PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARCUM LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 WESTMINSTER STREET SUITE 500AddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462385806EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHEILA C SKIP NOWELL LEADERSHIP ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSHEIBusinessNameControlTxt
Phone4017510405PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 WASHINGTON STREETAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDREW ALLSOPPPersonNm
Person TitleCHIEF OF FINANCE & OPERATIONSPersonTitleTxt
Phone4017510405PhoneNum
Signature2024-05-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDREWPersonFirstNm
Person LastALLSOPPPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID FONTAINEPreparerPersonNm
PTINP00011053PTIN
Phone4016004500PhoneNum
Preparation2024-04-30PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDREW ALLSOPPPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 WASHINGTON STREETAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,475,505GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NOWELLACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateRILegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE SHEILA C. "SKIP" NOWELL LEADERSHIP ACADEMY IS TO ENSURE THAT RHODE ISLAND'S PREGNANT, PARENTING AND UNDERSERVED YOUTH GRADUATE FROM HIGH SCHOOL WITH THE KNOWLEDGE AND SKILLS THEY NEED TO BE PREPARED FOR SUCCESS IN COLLEGE, CAREER AND FAMILY LIFE.OUR VISION IS TO BECOME A NATIONAL LEADER IN PROVIDING AN EXCEPTIONALLY HIGH QUALITY, COMPETENCY BASED HIGH SCHOOL EXPERIENCE TO PREGNANT, PARENTING AND UNDERSERVED STUDENTS.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee69TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,126,724PYContributionsGrantsAmt
CY Contributions Grants$3,469,602CYContributionsGrantsAmt
PY Program Service Revenue$764,799PYProgramServiceRevenueAmt
CY Program Service Revenue$1,005,903CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,891,523PYTotalRevenueAmt
CY Total Revenue$4,475,505CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,493,609PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,770,420CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,415,996PYOtherExpensesAmt
CY Other Expenses$1,581,136CYOtherExpensesAmt
PY Total Expenses$3,909,605PYTotalExpensesAmt
CY Total Expenses$4,351,556CYTotalExpensesAmt
PY Revenues Less Expenses-$18,082PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$123,949CYRevenuesLessExpensesAmt
Total Assets BOY$2,692,851TotalAssetsBOYAmt
Total Assets EOY$5,273,029TotalAssetsEOYAmt
Total Liabilities BOY$875,438TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,331,667TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,817,413NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,941,362NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE SHEILA C. "SKIP" NOWELL LEADERSHIP ACADEMY IS TO ENSURE THAT RHODE ISLAND'S PREGNANT, PARENTING AND UNDERSERVED YOUTH GRADUATE FROM HIGH SCHOOL WITH THE KNOWLEDGE AND SKILLS THEY NEED TO BE PREPARED FOR SUCCESS IN COLLEGE, CAREER AND FAMILY LIFE.OUR VISION IS TO BECOME A NATIONAL LEADER IN PROVIDING AN EXCEPTIONALLY HIGH QUALITY, COMPETENCY BASED HIGH SCHOOL EXPERIENCE TO PREGNANT, PARENTING AND UNDERSERVED STUDENTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,676,151ExpenseAmt
Revenue$1,005,903RevenueAmt
DescTHROUGH THE PROVISION OF A HOLISTIC EDUCATIONAL PROGRAM THAT INCLUDES A FULL GRADE 9-12 ONLINE-VIRTUAL CURRICULUM; WRAP-AROUND SUPPORTIVE SERVICES; AFFORDABLE AND ACCESSIBLE ON-SITE DAY CARE; FLEXIBLE AND INDIVIDUALIZED IN-SCHOOL HOURS; AND SPECIALIZED ACCESSIBILITY TO COLLEGES, UNIVERSITIES AND POST-SECONDARY JOB TRAINING PROGRAMS,GRADUATES OF THE ACADEMY WILL BE PREPARED TO BECOME PRODUCTIVE CITIZENS, WORKERS AND LIFELONG LEARNERS, AND ALSO EMPOWERED AND FINANCIALLY INDEPENDENT INDIVIDUALS AT THE HEADS OF STRONG AND STABLE FAMILIES.Desc
Total Program Service Expenses$3,676,151TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee69EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4017510405PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 WASHINGTON STREETAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
JUAN CARTER
DIRECTOR1.00Yes (X)$0$0$0
SULINA MOHANTY
VICE CHAIRPERSON1.00Yes (X)$0$0$0Yes (X)
LAROME MYRICK
BOARD CHAIRPERSON1.00Yes (X)$0$0$0Yes (X)
MARIA RIVERA
DIRECTOR1.00Yes (X)$0$0$0
EASTON DICKSON
TREASURER1.00Yes (X)$0$0$0Yes (X)
ROSE ALBERT
SECRETARY1.00Yes (X)$0$0$0Yes (X)
CLAUDETTE BANNERMAN
DIRECTOR1.00Yes (X)$0$0$0
TERESA JENKINS
DIRECTOR1.00Yes (X)$0$0$0
SHANNON MASSAROCO
DIRECTOR1.00Yes (X)$0$0$0
DREW ALLSOPP
CHIEF OF FINANCE & OPERATIONS40.00$115,133$0$0Yes (X)
JESSICA WATERS
EXECUTIVE DIRECTOR40.00$126,986$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$242,119TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$962,350GovernmentGrantsAmt
All Other Contributions$2,507,252AllOtherContributionsAmt
Total Contributions$3,469,602TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MUNICIPAL AID AND FEES900099$778,844$778,844
MEDICAID900099$227,059$227,059
FieldValueIRS element (for citing)
Total Program Service Revenue$1,005,903TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,475,505TotalRevenueColumnAmt
Related Or Exempt Func Income$1,005,903RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,034,443TotalAmt
Program Services$1,729,277ProgramServicesAmt
Management And General$305,166ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$287,314TotalAmt
Program Services$244,217ProgramServicesAmt
Management And General$43,097ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$358,822TotalAmt
Program Services$304,999ProgramServicesAmt
Management And General$53,823ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$89,841TotalAmt
Program Services$76,365ProgramServicesAmt
Management And General$13,476ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$39,587TotalAmt
Program Services$33,649ProgramServicesAmt
Management And General$5,938ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$47,387TotalAmt
Program Services$40,279ProgramServicesAmt
Management And General$7,108ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$49,655TotalAmt
Program Services$42,207ProgramServicesAmt
Management And General$7,448ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$48,659TotalAmt
Program Services$41,360ProgramServicesAmt
Management And General$7,299ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$456,912TotalAmt
Program Services$356,391ProgramServicesAmt
Management And General$100,521ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$147,398TotalAmt
Program Services$125,288ProgramServicesAmt
Management And General$22,110ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$49,627TotalAmt
Program Services$42,183ProgramServicesAmt
Management And General$7,444ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
TECHNICAL SERVICES$169,931$144,441$25,490
FOOD SERVICES$157,943$134,252$23,691
BUILDING COSTS$120,724$102,615$18,109
GENERAL SUPPLIES$91,415$77,703$13,712

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$201,898TotalAmt
Program Services$180,925ProgramServicesAmt
Management And General$20,973ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,351,556TotalAmt
Program Services$3,676,151ProgramServicesAmt
Management And General$675,405ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,318,328BOYAmt
EOY$1,292,366EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$208,597EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$444,623BOYAmt
EOY$187,365EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$71,833BOYAmt
EOY$95,928EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,331,549LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$577,221LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$821,147BOYAmt
EOY$754,328EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$36,920BOYAmt
EOY$2,734,445EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,692,851BOYAmt
EOY$5,273,029EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$186,856BOYAmt
EOY$211,746EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$207,805BOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$480,777BOYAmt
EOY$407,956EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,711,965EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$875,438BOYAmt
EOY$3,331,667EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,767,013BOYAmt
EOY$1,890,962EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$50,400BOYAmt
EOY$50,400EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,817,413BOYAmt
EOY$1,941,362EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,692,851BOYAmt
EOY$5,273,029EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$123,949ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$807,390OtherCostOrOtherBasisAmt
Depreciation$220,028DepreciationAmt
Book Value$587,362BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$524,159OtherCostOrOtherBasisAmt
Depreciation$357,193DepreciationAmt
Book Value$166,966BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$754,328TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DEPOSITS AND DEFERRED RENT$36,920
RIGHT OF USE ASSET$2,697,525
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,734,445TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITYDesc
Amt$2,711,965Amt
FieldValueIRS element (for citing)
Total Liability$2,711,965TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,475,505TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$4,475,505RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,475,505TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,351,556TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,351,556ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,351,556TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationNOWELL QUALIFIES AS A TAX-EXEMPT ORGANIZATION, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, NOWELL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). NOWELL IS ALSO EXEMPT FROM RHODE ISLAND INCOME TAXES. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO NOWELL'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME AT BOTH THE STATE AND FEDERAL LEVELS. FOR THE YEAR ENDED JUNE 30, 2023, NOWELL HAD NO SUCH INCOME. NOWELL EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GAAP. AS OF JUNE 30, 2023, NOWELL DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. NOWELL'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. NOWELL'S FEDERAL AND STATE TAX RETURNS GENERALLY REMAIN OPEN FOR THE LAST THREE YEARS. THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROGRESS.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3DURING REGISTRATION PROCESS
SCHEDULE E, PART I, LINE 6STATE AID

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BREVIEWED BY BOARD OF DIRECTORS BEFORE FILING
FORM 990, PART VI, SECTION B, LINE 12CEXECUTIVE DIRECTOR MONITORS POLICY
FORM 990, PART VI, SECTION B, LINE 15BOARD OF DIRECTORS
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE BY REQUEST
FORM 990, PART XII, LINE 2C:THE FINANCE COMMITTEE HAS RESPONSIBILITY OF OVERSEEING THE AUDIT

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