2011-05-16T08:40:48-05:00 2010-09-30 LaPorte Sehrt Romig & Hand 111 Veterans Memorial Blvd Suite 60 Metairie LA 700054958 990 2009-10-01 020773717 NEW SCHOOLS FOR NEW ORLEANS INC NEWS 5042743606 200 BROADWAY ST No 108 NEW ORLEANS LA 70118 SARAH N USDIN 5042743606 2011-05-03 1 Bonnie M Wyllie JD LLM 5048355522 2009 2016-02-24 21:20:13Z sarah n usdin 200 BROADWAY ST STE 108 NEW ORLEANS LA 70118 4628485 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. 9 8 19 8 0 0 3453160 4465185 0 47043 33241 39632 130059 3539835 4628485 1450495 777496 0 1337022 1463555 0 259501 1947386 2387434 4734903 4628485 -1195068 0 6578435 6697827 285731 405123 6292704 6292704 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 2747932 SCHOOL SUPPORT AND INVESTMENT - THE ORGANIZATION OPERATES WITH AN INTENSE FORCUS 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. 776578 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. 133570 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. 3658080 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 56 0 19 1 0 0 0 0 0 0 0 0 0 0 0 0 9 8 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 50.00 X X 145954 0 34641 ANTHONY RECASSNER 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 X 0 0 0 SHERIFF EBRAHIM 5.00 X X 0 0 0 MAHLON SANFORD cpa 5.00 X X 0 0 0 Okyeame Haley 5.00 X X 0 0 0 NEERAV KINGSLAND 50.00 X X 117026 0 5165 262980 0 39806 2 0 1 0 the new teacher project 186 joralemon st BROOKLYN NY 11201 teacher recruitment 400471 The High Bar LLC 82 Shaker Rd HARVARD MA 01451 Board Governance 300145 university of chicago - CENTER FOR URBAN 1313 E 60TH ST CHICAGO IL 60637 DATA DRIVEN INSTRUCTION/ASSESSMENT 150047 mckinsey & company po box 7247 PHILADELPHIA PA 19170 grant consulting/development 150000 Abacus Charter School Consulting 1571 11th Avenue SAN FRANCISCO CA 94122 School Opertions 146093 7 4465185 112000 4465185 33241 33241 reimbursed expenses 900099 128810 128810 miscellaneous income 900099 1249 1249 130059 4628485 130059 0 33241 777496 777496 289028 117026 172002 1013912 759179 207091 47642 90022 49659 31250 9113 70593 40086 22189 8318 5536 5536 17159 17159 1982539 1934341 48198 5870 5870 43889 10000 30210 3679 39116 38316 800 128581 15 128566 43040 25417 9838 7785 30446 30252 194 25570 25570 9440 9440 MEALS AND ENTERTAINMENT 16410 9845 3836 2729 printing and reporducti 14714 5439 4228 5047 PROFESSIONAL DEVELOPMEN 12917 3989 8727 201 postage and shippin 7433 4467 1364 1602 4774 2025 2360 389 4628485 3658080 710904 259501 4035834 4237749 2437569 2370152 247327 157401 105032 89926 6578435 6697827 237565 330909 48166 74214 285731 405123 X 2302264 3193144 3990440 3099560 6292704 6292704 6578435 6697827 X 0 1 1 X 0 X 487394 5511770 2023305 3453160 4465185 15940814 487394 5511770 2023305 3453160 4465185 15940814 1963179 13977635 109551 133764 47043 33241 323599 3857 18271 39632 130059 191819 16456232 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 247327 157401 89926 89926 DEFERRED COMPENSATION PAYABLE 74214 74214 4628485 4628485 0 0 0 4628485 0 4628485 0 4628485 4628485 0 4628485 0 4628485 Part X: Description of Uncertain Tax Positions Under FIN 48: In September of 2009, the Organization adopted 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. As a result of this adoption, the Organization believes there was no impact to the financial statements and did not record any adjustment to the beginning balance of net assets on the statement of financial position. 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 open audit periods are 2006 to 2009. 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) 267000 $125,000 - SCHOOL CAPACITY$18,000 - SCHOOL DEVELOPMENT$124,000 - SCHOOL DEVELOPMENT ALGIERS CHARTER SCHOOLS 4480 GENERAL DEGAULLE SUITE 202 NEW ORLEANS LA 70131 203737902 501(c)(3) 5000 BOARD TRAINING NOLA180 - LANGSTON HUGHES 3519 TRAFALGAR STREET NEW ORLEANS LA 70119 208131550 501(c)(3) 10000 SCHOOL LEADERSHIP TRANSITION RENEW SCHOOLS FOR CHARTER MANAGEMENT 200 BROADWAY SUITE 108 NEW ORLEANS LA 70118 800419622 501(c)(3) 376702 $150,000 -SCHOOL CAPACITY$43,375 - SCHOOL LEADERSHIP RESIDENT$183,327 - SCHOOL DEVELOPMENT ADVOCATES FOR SCIENCE & MATHEMATICS 1430 tULANE aVE sl 47 nEW ORLEANS LA 70112 721210144 501(c)(3) 5000 BOARD TRAININGNEW SCHOOL START UP Leading Educators 3649 Laurel Street New OrleanS LA 70118 721409800 501(c)(3) 50000 LEADERSHIP TRAINING International School of Louisiana 5500 Prytania St Suite 415 NEW ORLEANS LA 70130 721461891 501(c)(3) 5000 BOARD TRAINING Morris Jeff Academy 838 N Rendon Street NEW ORLEANS LA 70119 264161479 501(c)(3) 2000 BOARD TRAINING CITY PARK ACADEMY 2733 Esplanade Ave NEW ORLEANS LA 70115 204465339 501(c)(3) 5000 BOARD TRAINING Ben Franklin 2001 Leon C Simon Dr NEW ORLEANS LA 70122 203879970 501(c)(3) 5000 BOARD TRAINING Robert Russa Moton Charter School 6800 Chef Menteur Hwy NEW ORLEANS LA 70126 204230899 501(c)(3) 18794 SCHOOL LEADERSHIP RESIDENT New Beginnings school Foundation 348 m bicentennial education center center NEW ORLEANS LA 70148 200998872 501(c)(3) 18000 SCHOOL LEADERSHIP RESIDENT Louisiana Association OF Public Charter Schools 5500 Prytania St Suite 126 NEW ORLEANS LA 70115 262946510 501(c)(3) 10000 SALARY SUBSIDY 17 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 0 1 0 0 0 0 0 0 0 SARAH USDIN 145954 0 0 0 0 0 26048 0 8593 0 180595 0 0 0 Supplemental Information Part III Sarah N. Usdin is the Founder/President of New Orleans Schools for New Orleans. Per contractual agreement with the Founder/President and the Board, the Board will establish and maintain a deferred compensation plan which will entitle Founder/President to a lump sum payment of $100,000 on April 11, 2011, assuming successful completion of employment contracts with New Schools for New Orleans. The liability for this deferred compensation payable is reflected on the balance sheet Part X Line 25. The Founder/President's base salary for full-time employment for the one year term of this contract is $178,250. X 1 112000 ESTIMATED MARKET RATE 0 0 0 Non Reporting of Revenue: Part I, Line 33: Tulane University provided the organization, on an in-kind basis, office space in New orleans, Louisiana. The estimated value associated with this office space has been recognized in Part VIIi Statement of Revenue Line 1g in the amount of $112,000. the expense is reflected in part ix line 16. 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. 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. form 990, part xi, line 2c: the process has not changed from the prior year.