﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.7">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-05-15T16:29:05-05:00</Timestamp>
    <TaxPeriodEndDate>2011-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>BRUNO &amp; TERVALON LLP CPAS</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>4298 ELYSIAN FIELDS AVE</AddressLine1>
        <City>NEW ORLEANS</City>
        <State>LA</State>
        <ZIPCode>70122</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2010-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>200998872</EIN>
      <Name>
        <BusinessNameLine1>NEW BEGINNINGS SCHOOLS FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>NEWB</NameControl>
      <Phone>5042802309</Phone>
      <USAddress>
        <AddressLine1>348 M BICENTENNIAL EDU CENTER</AddressLine1>
        <City>NEW ORLEANS</City>
        <State>LA</State>
        <ZIPCode>70148</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>TIMOTHY RYAN</Name>
      <Title>PRESIDENT</Title>
      <Phone>5042802309</Phone>
      <DateSigned>2012-05-15</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>WALDO J MORET JR</Name>
      <Phone>5042848733</Phone>
      <DatePrepared>2012-05-15</DatePrepared>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990 documentId="RetDoc4" referenceDocumentId="RetDoc6">
      <NameOfPrincipalOfficerPerson>TIMOTHY RYAN</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>2000 LAKESHORE DRIVE SUITE 242</AddressLine1>
        <City>NEW ORLEANS</City>
        <State>LA</State>
        <ZIPCode>70122</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>16022452</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>N/A</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>2004</YearFormation>
      <StateLegalDomicile>LA</StateLegalDomicile>
      <ActivityOrMissionDescription>NEW BEGINNINGS SCHOOLS FOUNDATION IS THE OPERATOR OF A NETWORK OF CHARTER SCHOOLS WHICH IS A COMMUNITY OF LEARNERS FOR ACADEMIC ACHIEVEMENT AND PERSONAL GROWTH ARE EXPECTED AND ARE SUPPORTED IN A POSITIVE, INCLUSIVE ENVIRONMENT.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>10</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>10</NbrIndependentVotingMembers>
      <TotalNbrEmployees>0</TotalNbrEmployees>
      <TotalGrossUBI>0</TotalGrossUBI>
      <ContributionsGrantsPriorYear>3208748</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>4748308</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>8403440</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>11207389</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>751</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>634</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>2620</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>66121</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>11615559</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>16022452</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcCurrentYear>0</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>10666480</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>14956071</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>10666480</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>14956071</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>949079</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>1066381</RevenuesLessExpensesCY>
      <TotalAssetsBOY>4645682</TotalAssetsBOY>
      <TotalAssetsEOY>2798650</TotalAssetsEOY>
      <TotalLiabilitiesBOY>3840094</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>1092049</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>805588</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>1706601</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <MissionDescription>NEW BEGINNINGS SCHOOLS FOUNDATION IS THE OPERATOR OF A NETWORK OF CHARTER SCHOOLS WHICH IS A COMMUNITY OF LEARNERS FOR ACADEMIC ACHIEVEMENT AND PERSONAL GROWTH ARE EXPECTED AND ARE SUPPORTED IN A POSITIVE, INCLUSIVE ENVIRONMENT.</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Expense>11127750</Expense>
      <Description>NEW BEGINNINGS SCHOOLS FOUNDATION SHALL PROVIDE EDUCATIONAL SERVICES ACCORDING TO THE EDUCATIONAL STANDARDS ESTABLISHED BY LAW, THE CHARTER CONTRACT AND THE CHARTER APPLICATION/PROPOSAL; MEASURE PUPIL PROGRESS TOWARD STATED GOALS; AND PARTICIPATE IN PUPIL ASSESSMENTS REQUIRED BY LAW, REGULATION AND BESE POLICY.</Description>
      <TotalProgramServiceExpense>11127750</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="RetDoc2">true</DescribedIn501C3>
      <ScheduleBRequired referenceDocumentId="RetDoc1">true</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <DonorAdvisedFunds referenceDocumentId="RetDoc3">false</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="RetDoc3">false</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="RetDoc3">false</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="RetDoc3">false</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="RetDoc3">false</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="RetDoc3">true</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId="RetDoc3">false</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="RetDoc3">false</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="RetDoc3">false</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="RetDoc3">true</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="RetDoc3">true</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="RetDoc3">true</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="RetDoc3">false</ConsolidatedAuditFinancialStmt>
      <School referenceDocumentId="RetDoc5">true</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities>false</ForeignActivities>
      <MoreThan5000KToOrganizations>false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>false</ProfessionalFundraising>
      <FundraisingActivities>false</FundraisingActivities>
      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations>false</GrantsToOrganizations>
      <GrantsToIndividuals>false</GrantsToIndividuals>
      <ScheduleJRequired>false</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>false</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>false</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity referenceDocumentId="RetDoc7">false</DisregardedEntity>
      <RelatedEntity referenceDocumentId="RetDoc7">true</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionRelatedEntity referenceDocumentId="RetDoc7">false</TransactionRelatedEntity>
      <TransfersToExemptNonChrtblOrg referenceDocumentId="RetDoc7">false</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership referenceDocumentId="RetDoc7">false</ActivitiesConductedPartnership>
      <ScheduleORequired>true</ScheduleORequired>
      <NumberFormsTransmittedWith1096>21</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <NumberOfEmployees>0</NumberOfEmployees>
      <UnrelatedBusinessIncome>false</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <QuidProQuoContributions>false</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>false</Form8282PropertyDisposedOf>
      <FundsToPayPremiums>false</FundsToPayPremiums>
      <PremiumsPaid>false</PremiumsPaid>
      <Form8899Filed>false</Form8899Filed>
      <Form1098CFiled>false</Form1098CFiled>
      <IndoorTanningServices>false</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>10</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>10</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>false</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>true</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>false</MembersOrStockholders>
      <ElectionOfBoardMembers>false</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>false</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>false</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>false</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>true</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>true</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>true</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>true</WhistleblowerPolicy>
      <DocumentRetentionPolicy>true</DocumentRetentionPolicy>
      <CompensationProcessCEO>false</CompensationProcessCEO>
      <CompensationProcessOther>false</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>UNIVERSITY OF NEW ORLEANS FOUNDATIO</NamePerson>
        <TelephoneNumber>5042802800</TelephoneNumber>
        <AddressUS>
          <AddressLine1>2021 LAKESHORE DRIVE</AddressLine1>
          <City>NEW ORLEANS</City>
          <State>LA</State>
          <ZIPCode>70122</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <NoListedPersonsCompensated>X</NoListedPersonsCompensated>
      <Form990PartVIISectionA>
        <NamePerson>MARK BOUCRE</NamePerson>
        <Title>MEMBER</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CARLA MAJOR</NamePerson>
        <Title>MEMBER</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>KIM BONDY</NamePerson>
        <Title>SECRETARY-TR</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOE KING</NamePerson>
        <Title>MEMBER</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>APRIL BEDFORD</NamePerson>
        <Title>MEMBER</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CAROL SKRILOFF STAR</NamePerson>
        <Title>MEMBER</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>TIMOTHY RYAN</NamePerson>
        <Title>PRESIDENT</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DONNICA CONWAY</NamePerson>
        <Title>MEMBER</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>AVIONE BROWN PICHON</NamePerson>
        <Title>MEMBER</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>NEDRA POWELL</NamePerson>
        <Title>MEMBER</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>false</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>UNIVERSITY OF NEW ORLEANS</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>2000 LAKESHORE DR</AddressLine1>
            <City>NEW ORLEANS</City>
            <State>LA</State>
            <ZIPCode>70148</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>CHARTER OPERATO</DescriptionOfServices>
        <Compensation>11027786</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>ARAMARK SERVICES</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>1101 MARKET</AddressLine1>
            <City>PHILADELPHIA</City>
            <State>PA</State>
            <ZIPCode>19107</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>FOOD SERVICE</DescriptionOfServices>
        <Compensation>1104460</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>F WELLS TRANSPORTATION LLC</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>PO BOX 641807</AddressLine1>
            <City>KENNER</City>
            <State>LA</State>
            <ZIPCode>70064</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>TRANSPORTATION</DescriptionOfServices>
        <Compensation>700280</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>WESTAFF</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>111 VETERANS</AddressLine1>
            <City>METAIRIE</City>
            <State>LA</State>
            <ZIPCode>70005</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>TEMP SERVICE</DescriptionOfServices>
        <Compensation>301184</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>ENTERGY</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>1600 PERDIDO</AddressLine1>
            <City>NEW ORLEANS</City>
            <State>LA</State>
            <ZIPCode>70112</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>UTILITY</DescriptionOfServices>
        <Compensation>276289</Compensation>
      </ContractorCompensation>
      <NumberOfContractorsGT100K>13</NumberOfContractorsGT100K>
      <GovernmentGrants>4736640</GovernmentGrants>
      <AllOtherContributions>11668</AllOtherContributions>
      <TotalContributions>4748308</TotalContributions>
      <ProgramServiceRevenue>
        <Description>MINIMUM FOUNDATION PROGRAM</Description>
        <BusinessCode>611710</BusinessCode>
        <TotalRevenueColumn>11195552</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>11195552</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>FOOD SERVICE</Description>
        <BusinessCode>611710</BusinessCode>
        <TotalRevenueColumn>11837</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>11837</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>11207389</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>634</TotalRevenueColumn>
        <ExclusionAmount>634</ExclusionAmount>
      </InvestmentIncome>
      <OtherRevenueMisc>
        <Description>OTHER REVENUE</Description>
        <BusinessCode>611710</BusinessCode>
        <TotalRevenueColumn>66121</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>66121</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <TotalOtherRevenue>66121</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>16022452</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>11273510</RelatedOrExemptFunctionIncome>
        <ExclusionAmount>634</ExclusionAmount>
      </TotalRevenue>
      <FeesForServicesAccounting>
        <Total>71706</Total>
        <ManagementAndGeneral>71706</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <FeesForServicesOther>
        <Total>13642109</Total>
        <ProgramServices>10081096</ProgramServices>
        <ManagementAndGeneral>3561013</ManagementAndGeneral>
      </FeesForServicesOther>
      <Advertising>
        <Total>273</Total>
        <ProgramServices>273</ProgramServices>
      </Advertising>
      <Occupancy>
        <Total>40000</Total>
        <ManagementAndGeneral>40000</ManagementAndGeneral>
      </Occupancy>
      <Travel>
        <Total>42816</Total>
        <ProgramServices>12923</ProgramServices>
        <ManagementAndGeneral>29893</ManagementAndGeneral>
      </Travel>
      <DepreciationDepletion>
        <Total>146058</Total>
        <ProgramServices>146058</ProgramServices>
      </DepreciationDepletion>
      <Insurance>
        <Total>63659</Total>
        <ProgramServices>63659</ProgramServices>
      </Insurance>
      <OtherExpenses>
        <Description>UTILITIES</Description>
        <Total>275463</Total>
        <ProgramServices>275463</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>REPAIRS &amp; MAINTENANCE</Description>
        <Total>199032</Total>
        <ProgramServices>199032</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>TEXTBOOKS</Description>
        <Total>161517</Total>
        <ProgramServices>161517</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>RENTALS</Description>
        <Total>111895</Total>
        <ProgramServices>111895</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>GROUND MAINTENANCE</Description>
        <Total>71997</Total>
        <ProgramServices>71997</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>129546</Total>
        <ProgramServices>3837</ProgramServices>
        <ManagementAndGeneral>125709</ManagementAndGeneral>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>14956071</Total>
        <ProgramServices>11127750</ProgramServices>
        <ManagementAndGeneral>3828321</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>1968859</BOY>
        <EOY>897381</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>46891</BOY>
      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
        <BOY>2039536</BOY>
        <EOY>1362405</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>429434</BOY>
        <EOY>129848</EOY>
      </AccountsReceivable>
      <PrepaidExpensesDeferredCharges>
        <BOY>10000</BOY>
        <EOY>289</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>726814</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>318087</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>150962</BOY>
        <EOY>408727</EOY>
      </LandBuildingsEquipmentBasisNet>
      <TotalAssets>
        <BOY>4645682</BOY>
        <EOY>2798650</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>3737466</BOY>
        <EOY>1084931</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>55737</BOY>
      </DeferredRevenue>
      <OtherLiabilities>
        <BOY>46891</BOY>
        <EOY>7118</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>3840094</BOY>
        <EOY>1092049</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>805588</BOY>
        <EOY>1706601</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>805588</BOY>
        <EOY>1706601</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>4645682</BOY>
        <EOY>2798650</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>1066381</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-165368</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementConsolidated>X</FinancialStatementConsolidated>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc2">
      <School170b1Aii>X</School170b1Aii>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc3">
      <DisclosedOrgsLegalControl>false</DisclosedOrgsLegalControl>
      <DisclosedForCharitablePurposes>false</DisclosedForCharitablePurposes>
      <WrittenPolicyMonitoring>false</WrittenPolicyMonitoring>
      <Sect170hRequirementsSatisfied>false</Sect170hRequirementsSatisfied>
      <SolicitedAssetsForSale>false</SolicitedAssetsForSale>
      <AgentTrusteeEtc>false</AgentTrusteeEtc>
      <IncludedOnFS>false</IncludedOnFS>
      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <AreRelatedOrgsListedScheduleR>false</AreRelatedOrgsListedScheduleR>
      <Buildings>
        <OtherCostOrOtherBasis>16448</OtherCostOrOtherBasis>
        <BookValue>16448</BookValue>
      </Buildings>
      <Equipment>
        <OtherCostOrOtherBasis>284362</OtherCostOrOtherBasis>
        <Depreciation>269113</Depreciation>
        <BookValue>15249</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>426004</OtherCostOrOtherBasis>
        <Depreciation>48974</Depreciation>
        <BookValue>377030</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>408727</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>DUE TO STUDENT ACTIVITY</Description>
        <Amount>7118</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>7118</TotalOfAmounts>
      <TotalRevenue>16022452</TotalRevenue>
      <TotalExpenses>14956071</TotalExpenses>
      <ExcessOrDeficitForYear>1066381</ExcessOrDeficitForYear>
      <PriorPeriodAdjustments>-165368</PriorPeriodAdjustments>
      <TotalAdjustments>-165368</TotalAdjustments>
      <ExcessOrDeficitPerFS>901013</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>16430539</TotRevenueEtcAuditedFinclStmt>
      <DonatedSrvcAndUseOfFacilities>408087</DonatedSrvcAndUseOfFacilities>
      <RevenueNotRptdF990>408087</RevenueNotRptdF990>
      <RevenueSubtotal>16022452</RevenueSubtotal>
      <TotalRevenuePerForm990>16022452</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>15529526</TotExpensesEtcAuditedFinclStmt>
      <DonatedServicesUseOfFacilities>408087</DonatedServicesUseOfFacilities>
      <PriorYearAdjustments>165368</PriorYearAdjustments>
      <ExpensesNotRptdF990>573455</ExpensesNotRptdF990>
      <ExpensesSubtotal>14956071</ExpensesSubtotal>
      <TotalExpensesPerForm990>14956071</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>LIABILITY UNDER FIN 48 FOOTNOTE</Identifier>
        <ReturnReference>SCHEDULE D, PAGE 3, PART X</ReturnReference>
        <Explanation>THE FOUNDATION FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, THE FOUNDATION'S 2008, 2009 AND 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc5">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>true</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>true</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION</Identifier>
        <ReturnReference>SCHEDULE E LINE 6</ReturnReference>
        <Explanation>THE SCHOOL RECEIVES BOTH FEDERAL AND STATE FUNDING</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleO documentId="RetDoc6">
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>NEW BEGINNINGS SCHOOLS FOUNDATION IS THE OPERATOR OF A NETWORK OF CHARTER SCHOOLS WHICH IS A COMMUNITY OF LEARNERS FOR ACADEMIC ACHIEVEMENT AND PERSONAL GROWTH ARE EXPECTED AND ARE SUPPORTED IN A POSITIVE, INCLUSIVE ENVIRONMENT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>MANAGEMENT DELEGATED</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 3</ReturnReference>
        <Explanation>THE UNIVERSITY OF NEW ORLEANS MANAGES THE OPERATION OF THE ORGANIZATION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>DOCUMENTATION BY COMMITTEE</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 8B</ReturnReference>
        <Explanation>THE GOVERNING BODY DOES NOT HAVE COMMITTEES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>THE 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER PRIOR TO SUBMISSION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>IF A CONFLICT IS DISCOVERED, LEGAL COUNSEL IS CONSULTED. THE INDIVIDUAL IS EITHER REMOVED FROM CERTAIN COMMITTEES, LOSS OF VOTING RIGHTS ON CERTAIN ITEMS AND IN CIRCUMSTANCES THAT CLEARLY REQUIRES IT, REMOVAL FROM THE BOARD.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>DOCUMENTS ARE AVAILABLE UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ADDITIONAL INFORMATION</Identifier>
        <ReturnReference>FORM 990, PART XI</ReturnReference>
        <Explanation>ADJUSTMENT TO BEGINNING NET ASSETS FOR SERVICES RENDERED DURING FISCAL YEAR JUNE 30, 2010.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc7">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>UNIVERSITY OF NEW ORLEANS</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>2000 LAKESHORE DRIVE</AddressLine1>
          <City>NEW ORLEANS</City>
          <State>LA</State>
          <ZIPCode>70148</ZIPCode>
        </AddressUS>
        <EIN>720702000</EIN>
        <PrimaryActivities>HIGHER EDU</PrimaryActivities>
        <LegalDomicileState>LA</LegalDomicileState>
        <ExemptCodeSection>501C3</ExemptCodeSection>
        <PublicCharityStatus>2</PublicCharityStatus>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>false</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>