2020-05-20T08:19:21-05:00 2019-06-30 582026697 LONG & COMPANY PC 1325 SATELLITE BLVD NW STE 1504 SUWANEE GA 300244662 990 2018-07-01 462230780 THE NEW SCHOOL INC NEWS 4045009753 655 MEMORIAL DRIVE ATLANTA GA 30312 PETER LEFKOWICZ HEAD OF SCHOOL 4045009753 2020-05-19 true WILLIAM E LONG JR CPA P00171899 6783274382 2020-05-19 47.48.225.194 2020-05-20 08:19:21 CD P F7E072C592E00B7C9CEDAB2E20A6456FDAE372E9 F7E072C592E00B7C9CEDAB2E20A6456FDAE372E9 2018 2021-01-29 14:40:06Z PETER LEFKOWICZ 655 MEMORIAL DRIVE ATLANTA GA 30312 1410480 false X TNSATLANTA.ORG X 2013 GA THE NEW SCHOOL SEEKS TO FUNDAMENTALLY CHANGE THE EXPERIENCE AND MEANING OF HIGH SCHOOL FOR STUDENTS, TEACHERS, AND COMMUNITIES. 6 6 17 25 0 134574 140161 1000940 1265451 102 191 -1035 0 1134581 1405803 60500 62934 0 445483 708083 0 13712 539185 567439 1045168 1338456 89413 67347 981557 1050225 383370 384691 598187 665534 THE NEW SCHOOL SEEKS TO FUNDAMENTALLY CHANGE THE EXPERIENCE AND MEANING OF HIGH SCHOOL FOR STUDENTS, TEACHERS, AND COMMUNITIES. false false 1139812 62934 1265451 THE NEW SCHOOLS 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. 1139812 true true false false false false false false false false true false false false false true true false true false false false false false true false false false true false false false false false false true false true false false false false false false false false false true 3 0 17 true false false false false false true true false false false false false false false false X 6 6 true false false false false false false true true false false true true true true true true true true false GA X MARY CAMPBELL JENKINS 4045009753 655 MEMORIAL DRIVE ATLANTA GA 30312 MARY CAMPBELL JENKINS DIR. OF OPER 40.00 X X 0 0 0 ELIZABETH STRICKLER CHAIR 2.00 X X 0 0 0 NICOLE DAVIS TREASURER 2.00 X X 0 0 0 MICHELLE NEWCOME DIRECTOR 1.00 X 0 0 0 ROSTAM ZAFARI DIRECTOR 1.00 X 0 0 0 WILL KERR DIRECTOR 1.00 X 0 0 0 PETER LEFKOWICZ HEAD OF SCHO 40.00 X 74566 0 6955 JAMES WATSON ASSISTANT HE 40.00 X 63618 0 4354 138184 11309 false false false 16559 123602 140161 TUITION 611600 1193438 1193438 SUPPORT SERVICES 611710 72013 72013 1265451 191 191 4677 16559 4677 1405803 1265451 191 62934 62934 142958 124830 10980 7148 479385 412077 66803 505 37788 32601 4723 464 47952 41369 5993 590 25022 25022 37615 37615 15014 4985 9457 572 201636 173955 25201 2480 272 272 140877 121538 17607 1732 15609 13466 1951 192 CLASSROOM EXPENSE 86058 86058 EXTRA CIRRICULAR EXPENSES 22123 22123 STAFF AND BOARD DEVELOPME 7583 7583 RECRUITMENT 5076 5076 10554 6261 4264 29 1338456 1139812 184932 13712 375419 465139 5259 105203 41598 13889 7358 17684 11405 5723 723761 281174 540518 442587 981557 1050225 45437 72054 333147 312637 4786 383370 384691 X 556589 651645 41598 13889 598187 665534 981557 1050225 67347 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 676024 261328 414696 41341 14338 27003 6396 5508 888 442587 X 1342869 1342869 62934 62934 1405803 1275522 1275522 62934 62934 1338456 SCHEDULE D, PAGE 3, PART X TAX-EXEMPT STATUS THE NEW SCHOOL, INC. QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES IS MADE IN THE ACCOMPANYING FINANCIAL STATE-MENTS. THE SCHOOL IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE SCHOOL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR ENDED JUNE 30, 2019 AND 2018. SCHEDULE D, PAGE 4, PART XI, LINE 4B TUITION ASSISTANCE NETTED ON FINANCIAL 0 STATEMENTS SHOWN SEPARATELY 0 ON 990 62,934 SCHEDULE D, PAGE 4, PART XII, LINE 4B TUITION ASSISTANCE NETTED ON FINANCIAL 0 STATEMENTS SHOWN SEPARATELY 0 ON 990 62,934 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 A STATEMENT OF NONDISCRIMINATION WAS PUBLISHED IN THE ATLANTA JOURNAL CONSTITUTION ON MAY 1, 2018 EXPERIENCE TNS 21236 16559 4677 2250 1027 800 600 21236 16559 4677 2250 1027 800 600 4677 true TUITION ASSISTANCE 8 62934 FMV TUITION SCHEDULE I, PAGE 1, PART I, LINE 2 FAMILIES SUBMIT AN APPLICATION FOR TUITION ASSISTANCE TO A THIRD PARTY (SSS BY NAIS) AND THE APPLICATIONS ARE REVIEWED BY THE SCHOOL LEADERSHIP TEAM FOR APPROVAL SCHEDULE I, PAGE 4, PART IV ACTUAL NUMBER OF RECIPIENTS ARE TRACKED MARY CAMPBELL JENKINS OFFICER 136494 RENT false SCHEDULE L, PART V MARY CAMPBELL JENKINS, THE SCHOOL'S FOUNDER AND DIRECTOR OF OPERATIONS 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 BACAME THE ORGANIZATION'S LANDLORD. THE ORGANIZATION ENTERED INTO ANAGREEMENT TO LEASE THE BUILDING THROUGH MAY OF 2021. FORM 990, PAGE 6, PART VI, LINE 2 MARY CAMPBELL JENKINS PETER LEFKOWICZ DIR-OPER. HEAD OF SCH SPOUSE FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PROVIDED TO THE BOARD FOR REVIEW AND COMMENTS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C 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 CHAIRPERSON 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. FORM 990, PAGE 6, PART VI, LINE 15A 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. FORM 990, PAGE 6, PART VI, LINE 15B SEE 15A EXPLNATION FORM 990, PAGE 6, PART VI, LINE 19 THE SCHOOL MAKES FORM 1023, FORM 990 AND OTHER GOVERNING DOCUMENTS AVAILABLE UPON REQUEST AT ITS MAIN OFFICE.