2017-04-05T09:05:48-05:00 2016-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2015-07-01 452736163 NEW CLASSROOMS INNOVATION PARTNERSINC NEWC 2129206130 1250 BROADWAY 30TH FLOOR NEW YORK NY 10001 JOEL ROSE CEO 2129206130 2017-04-04 1 GARRETT M HIGGINS P00543209 2122862600 2017-04-04 2015 2021-01-29 14:40:06Z JOEL ROSE 1250 BROADWAY 30TH FLOOR NEW YORK NY 10001 13806136 0 X WWW.NEWCLASSROOMS.ORG X 2011 DE NEW CLASSROOMS, FIRST-OF-ITS-KIND TECHNOLOGY, DRAWS FROM TENS OF THOUSANDS OF HIGH QUALITY LESSONS TO CREATE A CUSTOMIZED AND DYNAMIC CURRICULUM FOR EACH STUDENT EACH DAY. OUR FLAGSHIP INSTRUCTIONAL MODEL, TEACH TO ONE: MATH, INTEGRATES TEACHER-LED, COLLABORATIVE, AND INDEPENDENT INSTRUCTION IN WAYS THAT ENABLE STUDENTS NOT JUST TO LEARN SKILLS BUT APPLY THEM IN REAL WORLD CONTEXTS. TEACH TO ONE: MATH GREW OUT OF A NEW YORK CITY PILOT PROGRAM CALLED SCHOOL OF ONE, WHICH TIME MAGAZINE NAMED ONE OF THE "BEST INVENTIONS OF 2009." 10 8 110 10 0 0 9523566 9458025 2403679 3186022 8443 -6977 125536 119120 12061224 12756190 0 0 0 0 6154126 7948802 0 0 541986 4670896 5753420 10825022 13702222 1236202 -946032 7040454 6302826 1015815 1224219 6024639 5078607 X NEW CLASSROOMS INNOVATION PARTNERS (NEW CLASSROOMS) IS A NON-PROFIT ORGANIZATION THAT DESIGNS AND IMPLEMENTS INNOVATIVE INSTRUCTIONAL SCHOOL MODELS THAT REIMAGINE THE USE OF TIME, TALENT, TECHNOLOGY, AND PHYSICAL SPACE IN ORDER TO PROVIDE A PERSONALIZED LEARNING EXPERIENCE FOR EVERY STUDENT EVERY DAY. 0 0 10630012 3186022 TEACH TO ONE: MATH - NEW CLASSROOMS' FLAGSHIP PERSONALIZED INSTRUCTIONAL MODEL, TEACH TO ONE: MATH, IS A COMPREHENSIVE MIDDLE SCHOOL MATH MODEL THAT GIVES TEACHERS THE TOOLS THEY NEED TO PERSONALIZE LEARNING FOR EACH AND EVERY STUDENT. NEW CLASSROOMS PARTNERS WITH EXISTING SCHOOLS - DISTRICT AND CHARTER - PROVIDING TARGETED ON-SITE AND CENTRAL SUPPORT FOR SCHOOLS TO COMPLETELY REPLACE THEIR TRADITIONAL TEXTBOOK-BASED MATH PROGRAM WITH TEACH TO ONE: MATH. (SEE CONTINUATION ON SCHEDULE O). MAJOR ACTIVITIES TO SUPPORT THE TEACH TO ONE: MATH PROGRAM DURING THE REPORTING PERIOD INCLUDED:- HELPING SCHOOLS TO REDESIGN THE CLASSROOM TO SUPPORT PERSONALIZED EDUCATION FOR STUDENTS.- CREATING AND REFINING A COMMON CORE-ALIGNED SKILLS MAP, WHICH PROVIDES THE ACADEMIC FRAMEWORK FOR THE TEACH TO ONE: MATH MODEL.- SCREENING, SOURCING, AND CREATING OVER 8,000 DIGITAL AND TEACHER-LED LESSONS FROM OVER 130 EDUCATION PRODUCTS SO THAT STUDENTS EXPERIENCE A VARIETY OF WAYS TO LEARN AND MASTER SKILLS.- GENERATING DAILY PERSONALIZED SCHEDULES FOR APPROXIMATELY 10,000 STUDENTS AND TEACHERS EACH DAY SO THAT EVERY STUDENT CAN LEARN AT HIS OR HER OWN PACE IN WAYS BEST SUITED FOR THEM.- PROVIDING DAILY ON-SITE AND CENTRAL OPERATIONAL AND INSTRUCTIONAL SUPPORT TO ALL 28 SCHOOL PARTNERS IMPLEMENTING TEACH TO ONE: MATH FOR THE 2015-16 SCHOOL YEAR.- GROWING FROM 28 SCHOOLS SERVING NEARLY 10,000 STUDENTS FOR THE 2015-16 SCHOOL YEAR TO 40 SCHOOLS SERVING OVER 13,000 STUDENTS FOR THE 2016-17 SCHOOL YEAR.MEASURING IMPACT:TO MEASURE WHETHER WE HAVE SUCCESSFULLY ACCELERATED STUDENT LEARNING SO THAT STUDENTS ARE BETTER PREPARED FOR ADVANCED HIGH SCHOOL MATH, NEW CLASSROOMS USES THE MEASURES OF ACADEMIC PROGRESS (MAP), AN ADAPTIVE ONLINE EXAM CREATED BY THE NORTHWEST EVALUATION ASSOCIATION (NWEA).ACROSS OUR PARTNER SCHOOLS FOR THE 2015-16 SCHOOL YEAR, STUDENTS ACHIEVED 1.4X THE NATIONAL AVERAGE ON THE MAP EXAM. FURTHERMORE, WE HAD STRONG GROWTH AMONG SUB-GROUPS, WITH ENGLISH LANGUAGE LEARNERS DEMONSTRATING, ON AVERAGE, 1.8 YEARS OF GROWTH IN MATH, AND BOTH SPECIAL EDUCATION STUDENTS AND STUDENTS PERFORMING BELOW GRADE LEVEL DEMONSTRATING 1.5 YEARS OF GROWTH IN MATH. 10630012 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 98 0 110 1 0 0 0 0 0 0 0 0 0 0 X 10 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CO CT FL GA IL NC NJ NY OH OK WA X X ANA MORGADO 2129206130 1250 BROADWAY 30TH FLOOR NEW YORK NY 10001 JEFF WETZLER INTERIM BOARD CHAIR 1.00 X X 0 0 0 TREY BECK DIRECTOR 1.00 X 0 0 0 MIGUEL BEZOS DIRECTOR 1.00 X 0 0 0 DOUG BORCHARD DIRECTOR 1.00 X 0 0 0 JEAN-CLAUDE BRIZARD DIRECTOR 1.00 X 0 0 0 PALMINA FAVA DIRECTOR 1.00 X 0 0 0 JOSHUA LEWIS DIRECTOR 1.00 X 0 0 0 RICHARD SARNOFF DIRECTOR RESIGNED 10/13/15 1.00 X 0 0 0 DAVID SHINE DIRECTOR RESIGNED 05/15/16 1.00 X 0 0 0 GIDEON STEIN DIRECTOR 1.00 X 0 0 0 JOEL ROSE DIRECTOR/CHIEF EXECUTIVE OFFICER 40.00 X X 288808 0 9866 CHRISTOPHER RUSH DIRECTOR/CHIEF PROGRAM OFFICER 40.00 X X 293481 0 12361 ELIZABETH BARKER DIRECTOR OF FINANCE 40.00 X 123489 0 15785 SUSAN FINE CHIEF ACADEMIC OFFICER 40.00 X 192621 0 12002 LIZZ PAWLSON CHIEF GROWTH OFFICER 40.00 X 183700 0 23557 ROBERT SWANWICK VP OF PRODUCT DIVISION 40.00 X 202858 0 14406 CHRISTOPHER HOLLANDER DATA SOLUTIONS ARCHITECT 40.00 X 157512 0 36377 ASHRAF TADROS DIRECTOR OF PRODUCT DEVELOPMENT 40.00 X 153157 0 12094 MARK WILLIAMS VP OF SCHOOL PARTNERSHIPS 40.00 X 150339 0 11845 JESSICA CAREY SENIOR DIRECTOR OF TALENT 40.00 X 146718 0 13437 1892683 0 161730 25 0 1 0 INFOMILE 301 4TH FLOOR FANRASTIKA BANJARA HILLS IN 500034 SOFTWARE DEVELOPMENT SERVICES 180686 JENNIFER OSTROW 258 JEFFERSON AVE APT 2 BROOKLYN NY 11213 ONSITE COACHING SERVICE 100563 2 978507 8479518 1049946 9458025 PROGRAM SERVICE FEES 611710 3186022 3186022 3186022 7060 7060 118800 0 118800 118800 118800 1035909 1049946 -14037 -14037 -14037 OTHER INCOME 900099 320 320 320 12756190 3186022 0 112143 1204236 430104 673773 100359 124187 124187 5388945 4190414 915403 283128 127518 102958 17311 7249 536189 434825 70436 30928 567727 430449 104194 33084 2911 2911 67815 67815 330 330 894613 620376 266784 7453 22572 21309 842 421 90867 62420 25710 2737 273348 239158 27401 6789 848804 653178 155956 39670 340397 215524 117667 7206 38218 17378 20840 2686 2686 2151107 2107556 43551 25863 19591 5000 1272 ONSITE PROGRAM EXPENSE 947503 947503 DUES 23888 23888 EQUIP., REPAIR, & MAIN. 17269 13081 3338 850 OTHER DIRECT OPERATING 5229 1 5228 13702222 10630012 2530224 541986 504982 515890 3059975 1960908 357669 412548 1062334 659629 37639 142007 392206 232080 71718 160126 1946137 2451718 7040454 6302826 974659 932710 41156 291509 1015815 1224219 X 3895753 4180758 2128886 897849 6024639 5078607 7040454 6302826 -946032 0 X X 0 1 X 1 1 1 X 5375185 7187631 7247813 9523566 9458025 38792220 5375185 7187631 7247813 9523566 9458025 38792220 21412563 17379657 15425 56100 113875 128665 125860 439925 4277 3224 3286 320 11107 39243252 9045462 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CHECK/CREDIT CARD REFUND - 2014 AMOUNT: $ 2,880. OTHER INCOME - 2012 AMOUNT: $ 4,277. 2013 AMOUNT: $ 3,224. 2014 AMOUNT: $ 406. 2015 AMOUNT: $ 320. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 93862 71937 21925 212799 160143 52656 85545 85545 160126 SECURITY DEPOSIT 1000 SOFTWARE DEVELOPMENT COSTS, NET 2450718 2451718 DEFERRED RENT 176594 OTHER LIABILITIES 114915 291509 X 12840258 84068 84068 12756190 0 12756190 13786290 84068 84068 13702222 0 13702222 PART X, LINE 2: NEW CLASSROOMS RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT NEW CLASSROOMS HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. NEW CLASSROOMS IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2013. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 JOEL ROSE DIRECTOR/CHIEF EXECUTIVE OFFICER 250168 0 37195 0 1445 0 3000 0 6866 0 298674 0 0 0 CHRISTOPHER RUSH DIRECTOR/CHIEF PROGRAM OFFICER 255422 0 37195 0 864 0 3000 0 9361 0 305842 0 0 0 SUSAN FINE CHIEF ACADEMIC OFFICER 192441 0 0 0 180 0 3000 0 9002 0 204623 0 0 0 LIZZ PAWLSON CHIEF GROWTH OFFICER 183592 0 0 0 108 0 2000 0 21557 0 207257 0 0 0 ROBERT SWANWICK VP OF PRODUCT DIVISION 194913 0 0 0 7945 0 3000 0 11406 0 217264 0 0 0 CHRISTOPHER HOLLANDER DATA SOLUTIONS ARCHITECT 157401 0 0 0 111 0 1955 0 34422 0 193889 0 0 0 ASHRAF TADROS DIRECTOR OF PRODUCT DEVELOPMENT 153037 0 0 0 120 0 3000 0 9094 0 165251 0 0 0 MARK WILLIAMS VP OF SCHOOL PARTNERSHIPS 150242 0 0 0 97 0 3000 0 8845 0 162184 0 0 0 JESSICA CAREY SENIOR DIRECTOR OF TALENT 146605 0 0 0 113 0 600 0 12837 0 160155 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES A HOUSING ALLOWANCE TO ROBERT SWANWICK, VICE PRESIDENT OF PRODUCT DIVISION IN THE AMOUNT OF $7,765. THIS AMOUNT IS TAXABLE AND INCLUDED IN BOX 5 OF HIS 2015 FORM W-2 AND INCLUDED IN COLUMN B (III) ON PART II OF SCHEDULE J. PART I, LINE 7 IN ADDITION TO THE COMPENSATION PROVIDED FOR EACH FISCAL YEAR DURING THE TERM, THE CEO AND CPO WILL BE ELIGIBLE TO EARN AN ANNUAL BONUS OF UP TO 15% OF THEIR BASE SALARY (OR A PRO RATA PORTION OF THE SAME AMOUNT IN RESPECT OF ANY PARTIALLY COMPETED FISCAL YEAR DURING THE TERM) BASED UPON THE ACHIEVEMENT OF PERFORMANCE OBJECTIVES ESTABLISHED BY THE BOARD. THE BOARD SHALL DISCUSS SUCH OBJECTIVES WITH THE CEO AND CPO, BUT THE BOARD SHALL HAVE THE SOLE DISCRETION TO ESTABLISH THE PERFORMANCE OBJECTIVES AND IN DETERMINING WHETHER BOTH OBJECTIVE AND SUBJECTIVE PERFORMANCE MEASURES HAVE BEEN ACCOMPLISHED. THESE BONUSES, IF ANY, SHALL BE PAYABLE WITHIN TWO AND HALF MONTHS FOLLOWING THE YEAR FOR WHICH SUCH BONUS IS EARNED. A SMALL PERCENTAGE OF EMPLOYEES ARE PROVIDED WITH A NON-PERFORMANCE BASED RETENTION BONUS UPON THE ANNIVERSARY OF THEIR EMPLOYMENT DATE AS INDICATED BY THEIR TERMS OF HIRE. BLAIR HESIER SEE SCH L, PART V 124187 EMPLOYMENT 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:FAMILY MEMBER OF CHRIS RUSH, DIRECTOR/CHIEF PROGRAM OFFICER X 2 1049946 FMV 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART 1, COLUMN (B) OF SCHEDULE M. FORM 990, PART VI, SECTION B, LINE 11 NEW CLASSROOMS HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT, AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY TRANSMITTED TO THE FINANCE COMMITTEE FOR REVIEW BEFORE GOING TO THE BOARD OF DIRECTORS FOR ANY COMMENTS PRIOR TO SUBMISSION. THE CEO AND CPO THEN REVIEW ANY COMMENTS AND WORK WITH THE RELEVANT STAFF AND ACCOUNTING FIRM TO MAKE ANY NECESSARY CHANGES. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C NEW CLASSROOMS' BOARD MEMBERS AND OFFICERS ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY AT LEAST ANNUALLY, AS WELL AS UPON ANY REVISION THERETO; ARE REQUIRED TO SIGN A DOCUMENT CERTIFYING THAT THEY HAVE READ AND UNDERSTOOD THE CONFLICT OF INTEREST POLICY AND AGREE TO COMPLY WITH IT. THE POLICY REQUIRES THAT ALL INDIVIDUALS HAVE A DUTY TO DISCLOSE TO THE DIRECTORS ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT IS DISCLOSED AT ANY TIME, THE BOARD WILL REVIEW THE MATERIAL FACTS AND CIRCUMSTANCES. IF IT IS DETERMINED THAT A CONFLICT DOES EXIST, THE BOARD WILL DETERMINE WHETHER THE TRANSACTION AT ISSUE MAY BE OBTAINED WITH REASONABLE EFFORTS VIA AN ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OR, IF THAT IS NOT REASONABLY POSSIBLE, WHETHER THE ORIGINAL TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION AND FAIR AND REASONABLE. THE INTERESTED PERSON DOES NOT PARTICIPATE IN ANY VOTE OR DISCUSSION ON THIS MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE TALENT COMMITTEE OF THE BOARD CONDUCTS AN ANNUAL REVIEW OF OFFICERS' COMPENSATION AND THE COMPENSATION OF THE HIGHLY PAID EMPLOYEES. AS PART OF THE REVIEW, THE COMMITTEE REFERENCES AVAILABLE MARKET DATA FOR COMPARABLE POSITIONS (VIA INDEPENDENTLY VERIFIED SOURCES AS WELL AS REPORTED 990 COMPENSATION OF LIKE SIZE AND FOCUS PEER ORGANIZATIONS) AND INTERNAL EQUITY CONSIDERATIONS. ADDITIONALLY, THE COMMITTEE APPROVES ANY COMPENSATION PACKAGE OFFERED TO NEW SENIOR MEMBERS ON AN ONGOING BASIS THAT EXCEEDS THE MAXIMUM OF THE RANGE FOR THAT GIVEN LEVEL. THE OFFICERS' COMPENSATION REVIEW PROCESS IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETINGS AND WAS LAST UNDERTAKEN IN DECEMBER 2016. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 1250 BROADWAY, 30TH FLOOR, NEW YORK, NY 10001 OR BY CALLING THE ORGANIZATION DIRECTLY AT 212-920-6130. FORM 990, PART XII, LINE 2C NEW CLASSROOMS' MANAGEMENT AND BOARD MEMBERS OVERSEE THE SELECTION OF AN INDEPENDENT ACCOUNTANT AND THE FINANCIAL STATEMENT AUDIT. THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.