2012-05-14T14:15:15-05:00 2011-09-30 LAPORTE APAC 111 VETERANS MEMORIAL BLVD SUITE 60 METAIRIE LA 700054958 990 2010-10-01 020773717 NEW SCHOOLS FOR NEW ORLEANS INC NEWS 5042743619 200 BROADWAY ST NO 108 NEW ORLEANS LA 70118 NEERAV KINGSLAND 5042743619 2012-04-30 1 AMY E WALTERS CPA CCIFP 5048355522 2010 2016-02-24 21:20:13Z NEERAV KINGSLAND 200 BROADWAY ST STE 108 NEW ORLEANS LA 70118 11622573 0 X NEWSCHOOLSFORNEWORLEANS.ORG X 2006 LA SEE SCHEDULE O THE MISSION OF NSNO IS TO ACHIEVE EXCELLENT PUBLIC SCHOOLS FOR EVERY CHILD IN NEW ORLEANS BY ATTRACTING AND PREPARING TALENT TO TEACH AND LEAD, LAUNCHING AND SUPPORTING OPEN-ENROLLMENT PUBLIC CHARTER SCHOOLS, AND ADVOCATING FOR ACCOUNTABLE AND SUSTAINABLE HIGH-QUALITY PUBLIC SCHOOLS. 11 10 17 0 0 0 4465185 11478448 0 0 33241 27365 130059 116760 4628485 11622573 777496 3589318 0 0 1463555 1501681 0 0 254953 2387434 1513400 4628485 6604399 0 5018174 6697827 13087245 405123 1664367 6292704 11422878 X THE MISSION OF NSNO IS TO ACHIEVE EXCELLENT PUBLIC SCHOOLS FOR EVERY CHILD IN NEW ORLEANS BY: (1) ATTRACTING AND PREPARING TALENT TO TEACH AND LEAD (2) LAUNCHING AND SUPPORTING OPEN-ENROLLMENT PUBLIC CHARTER SCHOOLS AND (3) ADVOCATING FOR ACCOUNTABLE AND SUSTAINABLE HIGH-QUALITY PUBLIC SCHOOLS. 0 0 3973439 2791859 116760 SCHOOL SUPPORT AND INVESTMENT - THE ORGANIZATION OPERATES WITH AN INTENSE FOCUS ON STUDENT ACHIEVEMENT, AND THIS FOCUS GUIDES THE ORGANIZATION AS IT INVESTS IN BOTH NEW AND EXISTING SCHOOLS. THE ORGANIZATION'S SCHOOL INVESTMENT FUND SUPPORTS SCHOOL FOUNDERS AND CHARTER MANAGEMENT ORGANIZATIONS TO LAUNCH NEW PUBLIC SCHOOLS AND PROVIDES EXTENSIVE SUPPORT FOR EXISTING CHARTER SCHOOLS. 1367236 TEACH AND LEAD - EXCELLENT SCHOOLS ARE STAFFED BY EXCELLENT EDUCATORS. THE ORGANIZATION IS SUPPORTING THE DEVELOPMENT OF HUMAN CAPITAL IN THE NEW ORLEANS' AREA SCHOOLS BY RECRUITING OUTSTANDING TEACHERS AND LEADERS THROUGH PARTNERSHIPS WITH TEACHNOLA AND NEW LEADERS FOR NEW SCHOOLS. 164309 ADVOCACY - THE ORGANIZATION SERVES AS A VOICE FOR EXCELLENT OPEN-ENROLLMENT SCHOOLS IN NEW ORLEANS, AND ADVOCATES ON THEIR BEHALF IN THE COMMUNITY, THE SCHOOL DISTRICT, AND THE STATE. THE ORGANIZATION IS COMMITTED TO ENSURING THAT PARENTS AND COMMUNITY MEMBERS HAVE THE INFORMATION THEY NEED TO REALIZE THE OPPORTUNITIES OF THIS NEW SYSTEM OF SCHOOLS. 5504984 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 101 0 1 17 1 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 LA X SARAH N USDIN 5042743612 200 BROADWAY ST SUITE 108 NEW ORLEANS LA 70118 SARAH USDIN 35.00 X X 145954 0 25786 ANTHONY RECASNER 5.00 X X 0 0 0 JAMES PEYSER 5.00 X X 0 0 0 STEPHEN HALES 5.00 X X 0 0 0 STEPHEN ROSENTHAL 5.00 X X 0 0 0 IAN ARNOFF 5.00 X 0 0 0 MICHAEL BROWN 5.00 X 0 0 0 MAHLON SANFORD CPA 5.00 X X 0 0 0 MARY KAY PARKER 5.00 X 0 0 0 HUNTER PIERSON JR 5.00 X 0 0 0 DAVID SYLVESTER 5.00 X 0 0 0 NEERAV KINGSLAND 60.00 X 117026 0 0 262980 0 25786 2 0 1 0 NANCY EUSKE PO BOX 4736 CARMEL CA 93921 LEADERSHIP TRAINING 261202 1 11478448 11478448 27365 27365 REIMBURSED EXPENSES 900099 116574 116574 MISCELLANEOUS INCOME 900099 186 186 116760 11622573 116760 0 27365 3589318 3589318 279430 145000 134430 971917 764858 157264 49795 157762 74295 66083 17384 92572 53168 25946 13458 30134 9000 21134 982548 899244 73283 10021 17730 4090 13580 60 56404 5552 48280 2572 60740 59940 800 133265 495 132580 190 40094 24892 4744 10458 2215 1625 500 90 36245 36245 6129 6129 SCHOOL CLOSURES 49512 49512 PROFESSIONAL DEVELOPMEN 34009 6750 26640 619 MEALS AND ENTERTAINMENT 23547 12409 8416 2722 PRINTING AND REPORDUCTI 21748 69 11264 10415 19080 9707 7434 1939 6604399 5504984 844462 254953 4237749 5294843 2370152 7707800 278247 193645 89926 84602 6697827 13087245 330909 1526233 38134 74214 100000 405123 1664367 X 3193144 5779930 3099560 5642948 6292704 11422878 6697827 13087245 X 5018174 112000 X X 0 1 1 X 1 1 X 5511770 2023305 3453160 4465185 11478448 26931868 112000 112000 5511770 2023305 3453160 4465185 11590448 27043868 7211825 19832043 109551 133764 47043 33241 27365 350964 3857 18271 39632 130059 116760 308579 27703411 0.71590 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PAGE 2, PART B, LINE 10E: OTHER INCOME: MISCELLANEOUS INCOME 186 REIMBURSED EXPENSES 116,574 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 278247 193645 84602 84602 DEFERRED COMPENSATION PAYABLE 100000 100000 11622573 6604399 5018174 112000 112000 5130174 11734573 112000 112000 11622573 0 11622573 6604399 0 6604399 0 6604399 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION FOLLOWS THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ASC, WHICH CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE ORGANIZATION'S INCOME TAX RETURNS. ALL TAX RETURNS HAVE BEEN APPROPRIATELY FILED BY THE ORGANIZATION. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. THE ORGANIZATION FILES INCOME TAX RETURNS WITH FEDERAL AND STATE JURISDICTIONS. THE ORGANIZATION'S FEDERAL TAX RETURNS FOR 2008, 2009, AND 2010 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. AS OF SEPTEMBER 30, 2011, MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. 1 FIRSTLINE SCHOOLS 3649 LAUREL STREET NEW ORLEANS LA 70118 721409800 501(C)(3) 296979 18,000- SCHOOL LEADERSHIP RESIDENT GRANT, $261,759 - I-3 - INVESTMENT IN INNOVATION, $17,220 - TEACHER INCENTIVE FUND LEADING EDUCATORS 3649 LAUREL STREET NEW ORLEANS LA 70118 451447048 501(C)(3) 200000 TEACHER DEVELOPMENT MCDONOUGH CITY PARK ACADEMY 2733 ESPLANADE AVE NEW ORLEANS LA 70115 204465339 501(C)(3) 42894 SCHOOL LEADERSHIP RESIDENT GRANT COLLEGIATE ACADEMIES 6800 CHEF MENTEUR HWY NEW ORLEANS LA 70126 204230899 501(C)(3) 164892 I-3 - INVESTMENT IN INNOVATION THE MATCH SCHOOL FOUNDATION 215 FOREST HILLS STREET JAMAICA PLAIN MA 02130 043476160 501(C)(3) 300000 TEACHER DEVELOPMENT ACHIEVEMENT NETWORK 225 FRIEND STREET STE 704 BOSTON MA 02114 203289870 501(C)(3) 478000 STRATEGIC DATA INSTRUCTION NEW TEACHER PROJECT 186 JORALEMON STREET STE 300 BROOKLYN NY 11201 133850158 501(C)(3) 469516 TEACHER RECRUITMENT BENJAMIN MAYS PREP 3019 HIGGINS BLVD NEW ORLEANS LA 70126 263402539 501(C)(3) 50000 SCHOOL LEADERSHIP RESIDENT GRANT CRESCENT CITY SCHOOLS 2013 GENERAL MEYER AVE NEW ORLEANS LA 70114 272811737 501(C)(3) 559447 209,386- CAPACITY GRANT350,061- I-3 -INVESTMENT IN INNOVATION NEW ORLEANS SCIENCE & MATH ACADEMY 5552 READ BLVD NEW ORLEANS LA 70127 721210144 501(C)(3) 93450 CAPACITY GRANT CHOICE FOUNDATION 1010 COMMON STREET STE 2950 NEW ORLEANS LA 70112 202024597 501(C)(3) 84793 I-3 - INVESTMENT IN INNOVATION RECOVERY SCHOOL DISTRICT 1641 POLAND AVENUE NEW ORLEANS LA 70117 726000645 501(C)(3) 110853 $74,703 - I-3 - INVESTMENT IN INNOVATION, $36,150 - TEACHER INCENTIVE FUND KIPP PO BOX 2390 NEW ORLEANS LA 70176 202277213 501(C)(3) 152699 $136,589 - I-3 - INVESTMENT IN INNOVATION, $16,110 - TEACHER INCENTIVE FUND CREDO 434 GALVEZ MALL HHMB 132 STANFORD CA 94305 941156365 501(C)(3) 394801 I-3 - INVESTMENT IN INNOVATION PARTNERSHIP FOR YOUTH DEVELOPMENT 4240 CANAL STREET STE 100 NEW ORLEANS LA 70119 261272143 501(C)(3) 24321 I-3 - INVESTMENT IN INNOVATION NEW BEGINNINGS SCHOOLS FOUNDATION 2045 LAKESHORE DRIVE SUITE 526 NEW ORLEANS LA 70122 200998872 501(C)(3) 18000 SCHOOL LEADERSHIP RESIDENT GRANT STATE OF TENNESSEE 710 JAMES ROBERSTON PKWY NASHVILLE TN 37243 6702 I-3 - INVESTMENT IN INNOVATION NEW ORLEANS COLLEGE PREP 3127 MARTIN LUTHER KING JR BLVD NEW ORLEANS LA 70125 205595689 501(C)(3) 124023 I-3 - INVESTMENT IN INNOVATION RENEW 3128 CONSTANCE STREET NEW ORLEANS LA 70115 800419622 501(C)(3) 17948 TEACHER INCENTIVE FUND 19 0 OTHER INFORMATION: PART IV: THE PRIMARY PURPOSE OF NSNO IS TO ACHIEVE HIGH-QUALITY, ACCOUNTABLE SCHOOLS THROUGH TEACHER AND PRINCIPAL RECRUITMENT, OPENING AND SUPPORTING OPEN-ENROLLMENT CHARTER SCHOOLS, AND INFORMING AND COLLABORATING WITH THE COMMUNITY. PRIOR TO ISSUING ANY GRANTS OR OTHER ASSISTANCE, THE ORGANIZATION CONDUCTS A PRE-GRANT INQUIRY TO ENSURE THAT THE GRANTEE IS APPROPRIATE, SUCH AS HAVING TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OR BEING A GOVERNMENTAL ENTITY. THE ORGANIZATION EXECUTES A WRITTEN AGREEMENT WITH THE GRANTEE THAT SPECIFIES THE CHARITABLE PURPOSES OF THE GRANT AND INCLUDES PROVISIONS THAT PROHIBIT THE USE OF THE FUNDS FOR NON-CHARITABLE PURPOSES, POLITICAL CAMPAIGN ACTIVITY, OR LOBBYING ACTIVITIES. GRANTEES ARE REQUIRED TO SUBMIT REPORTS ON THE USE OF THE FUNDS AND THE CHARITABLE ACTIVITIES SUPPORTED BY THE GRANT DURING THE GRANT PERIOD. THE GRANTEE MUST ATTACH A STRATEGIC 3 TO 5 YEAR PLAN TO THIS POST-GRANT REPORT. IN ADDITION, THE GRANTEE IS REQUIRED TO RETURN ANY FUNDS NOT USED FOR THE DESIGNATED PURPOSES. X X 0 1 0 0 0 0 0 0 0 SARAH USDIN 145954 0 0 0 0 0 25786 0 0 0 171740 0 0 0 SUPPLEMENTAL INFORMATION PART III SARAH N. USDIN IS THE FOUNDER/PRESIDENT OF NEW SCHOOLS FOR NEW ORLEANS. THE ORGANIZATION HAS AN EMPLOYMENT AGREEMENT WITH HER, WHICH INCLUDES A DEFERRED COMPENSATION PLAN WHICH ENTITLED HER TO A LUMP SUM PAYMENT OF $100,000 ON APRIL 11, 2011, ASSUMING THE COMPLETION OF EMPLOYMENT CONTRACTS WITH THE ORGANIZATION THROUGH AND INCLUDING THIS DATE. THE PAYMENT AGREEMENT WAS DELAYED THROUGH FEBRUARY 2012, BASED ON AN AGREEMENT BETWEEN BOTH PARTIES. AS OF SEPTEMBER 30, 2011, $100,000 WAS ACCRUED IN ACCORDANCE WITH THIS AGREEMEMNT. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN EXTERNAL CPA FIRM AND A COPY OF THE DRAFT IS SENT TO THE MEMBERS OF THE BOARD AND THE FINANCE COMMITTEE TO REVIEW. WHEN THE FORM IS APPROVED BY THE BOARD, IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY REQUIRES ALL EMPLOYEES AND BOARD MEMBERS TO DISCLOSE ANY POTENTIAL PERSONAL OR BUSINESS ASSOCIATIONS WHICH COULD BE PERCEIVED AS A CONFLICT OF INTEREST. THROUGHOUT THE YEAR THEY ARE REMINDED TO DISCLOSE ANY NEW RELATIONSHIPS WHERE A CONFLICT OF INTEREST MAY BE PRESENT. BOARD MEMBERS ARE EXPECTED TO FOLLOW POLICY AND DIVULGE ANY CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS TO THE BOARD. THE CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED BY BOARD MEMBERS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE BOARD MEMBERS REVIEW NATIONAL EDUCATIONAL SURVEY INFOMATION AND OVERALL MARKET TRENDS IN THE INDUSTRY TO DETERMINE THAT THE ORGANIZATION'S SALARIES ARE WITHIN THE APPROPRIATE RANGE FOR THE EXECUTIVE RESPONSIBILITIES. THIS INFORMATION IS CONTEMPORANEOUSLY DOCUMENTED IN THE WRITTEN MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THIS ORGANIZATION PROVIDES THIS FORM TO THE GENERAL PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: DONATED SERVICES AND USE OF FACILITIES: 112,000. FORM 990, PART XI, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.