2024-11-15T09:54:31-08:00 2024-06-30 273878991 MCBRIDE ACCOUNTING LLC 1135 HWY 213 COVINGTON GA 30014 990 2023-07-01 462230780 THE NEW SCHOOL INC NEWS 4045009753 655 MEMORIAL DRIVE ATLANTA GA 30312 PETER W LEFKOWICZ HEAD OF SCHOOL 4045009753 2024-09-24 true true VERONIQUE A MCBRIDE P00386382 4044804145 2024-11-14 X 2023 2024-10-15 13:58:12Z PETER W LEFKOWICZ 655 MEMORIAL DRIVE ATLANTA GA 30312 1724148 false X N/A X 2013 GA THE NEW SCHOOL SEEKS TO FUNDAMENTALLY CHANGE THE EXPERIENCE AND MEANING OF HIGH SCHOOL FOR STUDENTS, TEACHERS, AND COMMUNITIES. 4 4 16 10 0 0 355744 213861 1398409 1498343 4285 11944 0 1758438 1724148 105954 145750 0 948073 993778 0 7042 649334 438003 1703361 1577531 55077 146617 1220271 1540192 177109 350415 1043162 1189777 THE NEW SCHOOL SEEKS TO FUNDAMENTALLY CHANGE THE EXPERIENCE AND MEANING OF HIGH SCHOOL FOR STUDENTS, TEACHERS, AND COMMUNITIES. false false 1334559 0 1498343 THE NEW SCHOOL OFFERS A DISTINCT CURRICULUM BASED ON EXTENDED PROJECTS WHICH ADDRESS CONTEMPORARY QUESTIONS AND CHALLENGES AND REQUIRE THAT STUDENTS SPEND SOME REGULAR TIME OUTSIDE THE SCHOOL INTERACTING WITH ADULTS AND EXPERTS IN RELEVANT FIELDS. THE SCHOOL OFFERS A CHALLENGING COLLEGE- PREP CURRICULUM AND DISCIPLINE BASED STUDY AND SKILLS ARE WOVEN INTO THE PROJECTS FOR 79 CHILDREN. 1334559 true true false false false false false false false false true false false false false false false false true false false false false false false false false false true false false false false false false true true false false false false false false false false false false true 2 0 16 true false false false false false false false false false false false false false X 4 4 false false false false false false false true true false false true true true true true true true true false GA X PETER LEFKOWICZ 4045009753 655 MEMORIAL DRIVE ATLANTA GA 30312 JAMES WATSON BOARD CHAIR 1.00 X 0 0 0 PETER LEFKOWICZ HEAD OF SCHOOL 60.00 X 90271 0 0 CHIKA ODIOEMENE BOARD MEMBER 1.00 X 0 0 0 SAREETA PARKER BOARD MEMBER 1.00 X 0 0 0 CARNELLIA AJASIN BOARD MEMBER 1.00 X 0 0 0 90271 0 0 false false false 129980 83881 213861 TUITION 611600 1453206 0 0 SUPPORT SERVICE 611710 41597 0 0 APPLICATION FEES 611710 3540 0 0 1498343 11944 0 11944 0 0 0 0 0 0 0 1724148 1498343 0 11944 145750 145750 90271 0 90271 0 792504 763074 29379 51 2690 2289 369 32 38885 33087 5337 461 69428 60271 9153 4 839 839 0 0 11275 0 11275 0 44559 44500 59 0 2361 2009 324 28 58697 8648 47261 2788 229352 195149 31479 2724 26901 22890 3691 320 6905 6905 0 0 30532 25979 4191 362 22885 19472 3141 272 Events and Developments 3697 3697 0 0 1577531 1334559 235930 7042 684586 748599 405769 10 16259 7065 19005 28517 860532 774438 40771 86094 611426 53881 58481 1220271 1540192 104584 11825 72525 338590 177109 350415 X 1043162 1189777 1043162 1189777 1220271 1540192 146617 X false false false false X 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 42652 4265 38387 734752 721187 13565 76732 42590 34142 6396 6396 0 86094 X Pt X, Line 2 FIN 48 FOOTNOTE TAX-EXEMPT STATUS THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC)AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501 (C)(3), EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ADDITION, THE SCHOOL HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE (IRS) NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. THE SCHOOL DID NOT HAVE AN UNRELATED BUSINESS INCOME TAX LIABILITY AS OF JUNE 30, 2024. ACCORDINGLY, NO TAX PROVISION OR LIABILITY HAS BEEN REPORTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN IN THE COURSE OF PREPARING THE SCHOOLS TAX RETURN AND RECOGNITION OF A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL, AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 AND 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. Pt XI, Line 4b REVENUE AMOUNTS INCLUDED ON RETURN - OTHER TUITION ASSISTANCE NETTED ON FINANCIAL ON 990 $ 145,750 true true true true true true true false false false false false false false false false false true Line 3 A STATEMENT OF NONDISCRIMINATION IS PROMINENTLY DISPLAYED ON THE ORGANIZATIONS WEBSITE. A STATEMENT OF NONDISCRIMINATION IS PROMINENTLY DISPLAYED ON THE ORGANIZATIONS WEBSITE. true TUTION ASSISTANCE 13 145750 0 FMV TUTION MARY CAMPBELL JENKINS FOUNDER/FORMER BOARD MEMBER 136494 RENT false PETER W LEFKOWICZ HEAD OF SCHOOL 0 HUSBAND OF FOUNDER false SCHEDULE L, PART V ADDITIONAL INFORMATION MARY CAMPBELL JENKINS, THE SCHOOLS FOUNDER AND A FORMER BOARD MEMBER, PURCHASED A BUILDING UNDER AN ENTITY SHE OWNS, 655 MEMORIAL DRIVE, LLC, AFTER THE SCHOOL COULD NOT OBTAIN A LOAN TO PURCHASE THE BUILDING. AS A RESULT, SHE BECAME THE ORGANIZATIONS LANDLORD. THE ORGANIZATION ENTERED INTO AN AGREEMENT TO LEASE THE BUILDING THROUGH MAY OF 2026. Pt VI, Line 2 RELATED PARTY INFORMATION AMONG OFFICERS MARY CAMPBELL JENKINS AND PETER LEFKOWICZ (SPOUSE) DIR-OPER. HEAD OF SCHOOL, BUT MARY CAMPBELL ROLLED OFF AS AN OFFICER IN FYE 22-23. Pt VI, Line 11b ORGANIZATIONS PROCESS TO REVIEW FORM 990 THE 990 IS PROVIDED TO THE BOARD FOR REVIEW AND COMMENTS PRIOR TO FILING. Pt VI, Line 12c ENFORCEMENT OF CONFLICTS POLICY DUTY TO DISCLOSE: IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST,AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS: AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIR PERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATIONS BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE TERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY: IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBERS RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES,THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. Pt VI, Line 15a COMPENSATION PROCESS FOR TOP OFFICIAL: THE TERMS OF COMPENSATION SHALL BE APPROVED BY THE BOARD OR COMPENSATION COMMITTEE PRIOR TO THE FIRST PAYMENT OF COMPENSATION. ALL MEMBERS OF THE BOARD OR COMPENSATION COMMITTEE WHO APPROVE THE COMPENSATION ARRANGEMENT MUST NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION SUBJECT FOR VOTE. THE BOARD OR COMPENSATION COMMITTEE SHALL OBTAIN AND RELY UPON APPROPRIATE DATA, INCLUDING: COMPENSATION PAID BY SIMILARLY SITUATED ORGANIZATIONS; AVAILABILITY OF SIMILAR SERVICES IN THE GEOGRAPHIC AREA OF THE NEW SCHOOL; CURRENT COMPENSATION STUDIES BY INDEPENDENT FIRMS; WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE PERSON SUBJECT TO THE COMPENSATION ARRANGEMENT. Pt VI, Line 15b COMPENSATION PROCESS FOR OFFICERS SEE 15A EXPLANATION Pt VI, Line 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: THE SCHOOL MAKES FORM 1023, FORM 990 AND OTHER GOVERNING DOCUMENTS AVAILABLE UPON REQUEST AT ITS MAIN OFFICE.