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SHEILA C SKIP NOWELL LEADERSHIP ACADEMY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SHEILA C SKIP NOWELL LEADERSHIP ACADEMY (EIN 46-2385806)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-11
IRS object ID
202631319349304673
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-11T15:11:58-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN881478669PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 WESTMINSTER STREET SUITE 500AddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462385806EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHEILA C SKIP NOWELL LEADERSHIP ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSHEIBusinessNameControlTxt
Phone4017510405PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 WASHINGTON STREETAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDREW ALLSOPPPersonNm
Person TitleCHIEF OF FINANCE & OPERATIONSPersonTitleTxt
Phone4017510405PhoneNum
Signature2026-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID FONTAINEPreparerPersonNm
PTINP00011053PTIN
Phone4016004500PhoneNum
Preparation2026-05-07PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDREW ALLSOPPPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 WASHINGTON STREETAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,779,982GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NOWELLACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateRILegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE SHEILA C. "SKIP" NOWELL LEADERSHIP ACADEMY IS TO ENSURE THAT RHODE ISLAND'S PREGNANT, PARENTING AND UNDERSERVED YOUTH GRADUATE FROM HIGH SCHOOL WITH THE KNOWLEDGE AND SKILLS THEY NEED TO BE PREPARED FOR SUCCESS IN COLLEGE, CAREER AND FAMILY LIFE.OUR VISION IS TO BECOME A NATIONAL LEADER IN PROVIDING AN EXCEPTIONALLY HIGH QUALITY, COMPETENCY BASED HIGH SCHOOL EXPERIENCE TO PREGNANT, PARENTING AND UNDERSERVED STUDENTS.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee40TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,512,147PYContributionsGrantsAmt
CY Contributions Grants$907,913CYContributionsGrantsAmt
PY Program Service Revenue$3,176,524PYProgramServiceRevenueAmt
CY Program Service Revenue$3,832,827CYProgramServiceRevenueAmt
PY Investment Income$33,079PYInvestmentIncomeAmt
CY Investment Income$32,203CYInvestmentIncomeAmt
PY Other Revenue$5,381PYOtherRevenueAmt
CY Other Revenue$7,039CYOtherRevenueAmt
PY Total Revenue$4,727,131PYTotalRevenueAmt
CY Total Revenue$4,779,982CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,126,934PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,297,137CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,698,182PYOtherExpensesAmt
CY Other Expenses$1,583,870CYOtherExpensesAmt
PY Total Expenses$4,825,116PYTotalExpensesAmt
CY Total Expenses$4,881,007CYTotalExpensesAmt
PY Revenues Less Expenses-$97,985PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$101,025CYRevenuesLessExpensesAmt
Total Assets BOY$4,807,842TotalAssetsBOYAmt
Total Assets EOY$5,512,186TotalAssetsEOYAmt
Total Liabilities BOY$2,964,465TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,806,206TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,843,377NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$705,980NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE SHEILA C. "SKIP" NOWELL LEADERSHIP ACADEMY IS TO ENSURE THAT RHODE ISLAND'S PREGNANT, PARENTING AND UNDERSERVED YOUTH GRADUATE FROM HIGH SCHOOL WITH THE KNOWLEDGE AND SKILLS THEY NEED TO BE PREPARED FOR SUCCESS IN COLLEGE, CAREER AND FAMILY LIFE.OUR VISION IS TO BECOME A NATIONAL LEADER IN PROVIDING AN EXCEPTIONALLY HIGH QUALITY, COMPETENCY BASED HIGH SCHOOL EXPERIENCE TO PREGNANT, PARENTING AND UNDERSERVED STUDENTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,280,643ExpenseAmt
Revenue$3,839,866RevenueAmt
DescTHROUGH THE PROVISION OF A HOLISTIC EDUCATIONAL PROGRAM THAT INCLUDES A FULL GRADE 9-12 ONLINE-VIRTUAL CURRICULUM; WRAP-AROUND SUPPORTIVE SERVICES; AFFORDABLE AND ACCESSIBLE ON-SITE DAY CARE; FLEXIBLE AND INDIVIDUALIZED IN-SCHOOL HOURS; AND SPECIALIZED ACCESSIBILITY TO COLLEGES, UNIVERSITIES AND POST-SECONDARY JOB TRAINING PROGRAMS,GRADUATES OF THE ACADEMY WILL BE PREPARED TO BECOME PRODUCTIVE CITIZENS, WORKERS AND LIFELONG LEARNERS, AND ALSO EMPOWERED AND FINANCIALLY INDEPENDENT INDIVIDUALS AT THE HEADS OF STRONG AND STABLE FAMILIES.Desc
Total Program Service Expenses$4,280,643TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee40EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4017510405PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 WASHINGTON STREETAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
LAROME MYRICK
BOARD CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
SULINA MOHANTY
VICE CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
EASTON DICKSON
TREASURER1.00Yes (X)Yes (X)$0$0$0
ROSE ALBERT
SECRETARY1.00Yes (X)Yes (X)$0$0$0
CLAUDETTE BANNERMAN
DIRECTOR1.00Yes (X)$0$0$0
TERESA JENKINS
DIRECTOR1.00Yes (X)$0$0$0
SHANNON MASSAROCO
DIRECTOR1.00Yes (X)$0$0$0
TAHON ROSS
DIRECTOR1.00Yes (X)$0$0$0
CARLOS RAMIREZ
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER GRIFFITH
DIRECTOR1.00Yes (X)$0$0$0
MISTY DELGADO
DIRECTOR1.00Yes (X)$0$0$0
DREW ALLSOPP
CHIEF OF FINANCE & OPERATI40.00Yes (X)$120,592$0$0
JESSICA WATERS
EXECUTIVE DIRECTOR40.00Yes (X)$139,169$0$0
MICHAEL TEMPLETON
PRINCIPAL40.00Yes (X)$120,100$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$379,861TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$573,170GovernmentGrantsAmt
All Other Contributions$334,743AllOtherContributionsAmt
Total Contributions$907,913TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MUNICIPAL AID AND FEES900099$3,178,076$3,178,076
MEDICAID900099$329,153$329,153
PENSION REVENUE900099$219,799$219,799
FOOD SERVICE PROGRAM900099$105,799$105,799
FieldValueIRS element (for citing)
Total Program Service Revenue$3,832,827TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,203TotalRevenueColumnAmt
Exclusion$32,203ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$7,039TotalRevenueColumnAmt
Related Or Exempt Func Income$7,039RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$7,039OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,779,982TotalRevenueColumnAmt
Related Or Exempt Func Income$3,839,866RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$32,203ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,313,543TotalAmt
Program Services$2,028,977ProgramServicesAmt
Management And General$284,566ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$578,599TotalAmt
Program Services$507,431ProgramServicesAmt
Management And General$71,168ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$312,805TotalAmt
Program Services$274,330ProgramServicesAmt
Management And General$38,475ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$92,190TotalAmt
Program Services$80,851ProgramServicesAmt
Management And General$11,339ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$64,738TotalAmt
Program Services$56,775ProgramServicesAmt
Management And General$7,963ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$32,526TotalAmt
Program Services$28,525ProgramServicesAmt
Management And General$4,001ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$52,381TotalAmt
Program Services$45,938ProgramServicesAmt
Management And General$6,443ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$6TotalAmt
Program Services$5ProgramServicesAmt
Management And General$1ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$32,491TotalAmt
Program Services$28,495ProgramServicesAmt
Management And General$3,996ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$170,541TotalAmt
Program Services$149,564ProgramServicesAmt
Management And General$20,977ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$475,292TotalAmt
Program Services$416,831ProgramServicesAmt
Management And General$58,461ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$33,173TotalAmt
Program Services$29,093ProgramServicesAmt
Management And General$4,080ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
TECHNICAL SERVICES$193,212$169,447$23,765
FOOD SERVICES$141,999$124,533$17,466
BUILDING COSTS$124,198$108,922$15,276
STUDENT AND EMPLOYEE TR$95,341$83,614$11,727

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$167,972TotalAmt
Program Services$147,312ProgramServicesAmt
Management And General$20,660ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,881,007TotalAmt
Program Services$4,280,643ProgramServicesAmt
Management And General$600,364ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$379,459BOYAmt
EOY$199,838EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$767,735BOYAmt
EOY$1,292,577EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$316,358BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$297,798BOYAmt
EOY$221,790EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,193BOYAmt
EOY$61,497EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,460,785LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$884,417LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$687,108BOYAmt
EOY$576,368EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,346,191BOYAmt
EOY$3,160,116EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,807,842BOYAmt
EOY$5,512,186EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$162,590BOYAmt
EOY$85,355EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$100,000BOYAmt
EOY$161,795EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$339,928BOYAmt
EOY$265,172EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,361,947BOYAmt
EOY$4,293,884EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,964,465BOYAmt
EOY$4,806,206EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$1,843,377BOYAmt
EOY$705,980EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,843,377BOYAmt
EOY$705,980EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,807,842BOYAmt
EOY$5,512,186EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$101,025ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$1,036,372OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$807,390OtherCostOrOtherBasisAmt
Depreciation$377,483DepreciationAmt
Book Value$429,907BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$653,395OtherCostOrOtherBasisAmt
Depreciation$506,934DepreciationAmt
Book Value$146,461BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$576,368TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$31,000
RIGHT OF USE ASSET$1,530,814
NET PENSION ASSET$603,166
DEFERRED OUTFLOWS$995,136
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,160,116TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITY$1,765,605
NET PENSION LIABILITY$1,866,184
DEFERRED INFLOWS$662,095
FieldValueIRS element (for citing)
Total Liability$4,293,884TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,779,982TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$4,779,982RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,779,982TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,881,007TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,881,007ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,881,007TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationNOWELL QUALIFIES AS A TAX-EXEMPT ORGANIZATION, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, NOWELL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). NOWELL IS ALSO EXEMPT FROM RHODE ISLAND INCOME TAXES. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO NOWELL'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME AT BOTH THE STATE AND FEDERAL LEVELS. FOR THE YEAR ENDED JUNE 30, 2025, NOWELL HAD NO SUCH INCOME. NOWELL EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY GAAP. AS OF JUNE 30, 2025, NOWELL DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. NOWELL'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. NOWELL'S FEDERAL AND STATE TAX RETURNS GENERALLY REMAIN OPEN FOR THE LAST THREE YEARS. THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROGRESS.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3DURING REGISTRATION PROCESS
SCHEDULE E, PART I, LINE 6STATE AID

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BREVIEWED BY BOARD OF DIRECTORS BEFORE FILING
FORM 990, PART VI, SECTION B, LINE 12CEXECUTIVE DIRECTOR MONITORS POLICY
FORM 990, PART VI, SECTION B, LINE 15BOARD OF DIRECTORS
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE BY REQUEST
FORM 990, PART XI, LINE 9:REQUIRED BY GASB - THE BEGINNING NET POSITION HAS BEEN RESTATED -1,036,372.
FORM 990, PART XII, LINE 2:EFFECTIVE JULY 1, 2024, NOWELL'S BOARD OF DIRECTORS PASSED LEGISLATION, WHICH RECONSTITUTED NOWELL AS A PUBLIC SCHOOL GOVERNED BY A BOARD OF TRUSTEES APPOINTED BY THE STATE COUNCIL ON ELEMENTARY AND SECONDARY EDUCATION, WHICH RESULTED IN NOWELL BECOMING A COMPONENT UNIT OF THE STATE OF RHODEISLAND ("THE STATE") AND IS ACCOUNTED FOR AS A DISCRETELY PRESENTED COMPONENT UNIT IN THE STATE'S BASIC FINANCIAL STATEMENTS.
FORM 990, PART XII, LINE 2C:THE FINANCE COMMITTEE HAS RESPONSIBILITY OF OVERSEEING THE AUDIT
FORM 990 PART XII, FINANCIAL STATEMENT AND REPORTINGNOWELL CHANGED ITS BASIS OF ACCOUNTING FROM ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AS PROMULGATED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) TO THOSE ISSUED BY THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB), EFFECTIVE JULY 1, 2024, DUE TO ITS RECLASSIFICATION AS A GOVERNMENTAL ENTITY.

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