Nonprofit · EIN 46-2230780
NEW SCHOOL INC
Tax-exempt · ATLANTA, GA 30312
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,895,800 | $1,635,480 | $260,320 | $1,893,547 | $409,334 | $1,484,213 |
| June 30, 2024 | 990 | $1,724,148 | $1,577,531 | $146,617 | $1,540,192 | $350,415 | $1,189,777 |
| June 30, 2023 | 990 | $1,758,438 | $1,703,361 | $55,077 | $1,220,271 | $177,109 | $1,043,162 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $162,152
- of which government grants
- $128,011
- Program service revenue
- $1,687,926
- Investment income
- $45,722
- Net gain from sales of assets
- -$722
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $182,476
- Compensation of officers, directors and key employees
- $90,000
- Other salaries and wages
- $755,964
- Salaries, compensation and benefits (total)
- $966,302
- Professional fundraising fees
- $0
- Accounting fees
- $9,792
- Occupancy
- $253,993
- Travel
- $34,007
- Depreciation
- $32,696
- Program services (functional)
- $1,378,144
- Management and general (functional)
- $248,872
- Fundraising (functional)
- $8,464
Balance sheet and other
- Total assets, start of year
- $1,540,192
- Total assets, end of year
- $1,893,547
- Total liabilities, end of year
- $409,334
- Net assets, end of year
- $1,484,213
- Land, buildings and equipment
- $118,152
- Publicly traded securities
- $1,457,820
- Net assets without donor restrictions
- $1,484,213
- Gross receipts
- $1,896,522
- Employees
- 18
- Volunteers
- 10
- Year formed
- 2013
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER LEFKOWICZ | HEAD OF SCHOOL Officer | 60 | $90,000 |
| JAMES WATSON | BOARD CHAIR Trustee or director | 1 | $0 |
| DIANE HALL | BOARD MEMBER Trustee or director | 1 | $0 |
| ANN DAVIS | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY CAMPBELL JENKINS | BOARD MEMBER Trustee or director | 1 | $0 |
| EMILY PELTON | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER LEFKOWICZ | HEAD OF SCHOOL Officer | 60 | $90,271 |
| JAMES WATSON | BOARD CHAIR Trustee or director | 1 | $0 |
| CHIKA ODIOEMENE | BOARD MEMBER Trustee or director | 1 | $0 |
| SAREETA PARKER | BOARD MEMBER Trustee or director | 1 | $0 |
| CARNELLIA AJASIN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER LEFKOWICZ | HEAD OF SCHOOL Officer | 60 | $90,000 |
| JAMES WATSON | BOARD CHAIR Trustee or director | 1 | $0 |
| SHANNON COX | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL EDWARDS | BOARD MEMBER Trustee or director | 1 | $0 |
| CHIKA ODIOEMENE | BOARD MEMBER Trustee or director | 1 | $0 |
| SAREETA PARKER | BOARD MEMBER Trustee or director | 1 | $0 |
| CARNELLIA AJASIN | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 655 MEMORIAL DR SE, ATLANTA, GA 30312-2313
- In care of
- % MARY CAMPBELL JENKINS
- Principal officer (990 for 2024)
- PETER W LEFKOWICZ, 655 MEMORIAL DRIVE, ATLANTA, GA 30312
- Signed the 990
- PETER W LEFKOWICZ, HEAD OF SCHOOL
- Phone
- (404) 500-9753
- 990-N for 2013 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: MaryCampbell Jenkins, 360 Elmira Place, Atlanta GA 30307. Mailing address: 1015 Edgewood Avenue, ATLANTA GA 30307. Website: www.tnsatlanta.org
- Return prepared by
- MCBRIDE ACCOUNTING LLC
Mission
THE NEW SCHOOL SEEKS TO FUNDAMENTALLY CHANGE THE EXPERIENCE AND MEANING OF HIGH SCHOOL FOR STUDENTS, TEACHERS, AND COMMUNITIES.
Program accomplishments
- THE NEW SCHOOL OFFERS A DISTINCT CURRICULUM BASED ON EXTENDED PROJECTS WHICH ADDRESS CONTEMPORARY QUESTIONS AND CHALLENGES AND REQUIRE THAT STUDENTS SPEND SOME REGULAR TIME OUTSIDE THE SCHOOL INTERACTING WITH ADULTS AND EXPERTS IN RELEVANT FIELDS. THE SCHOOL OFFERS A CHALLENGING COLLEGE- PREP CURRICULUM AND DISCIPLINE BASED STUDY AND SKILLS ARE WOVEN INTO THE PROJECTS FOR 83 CHILDREN.Expenses $1,378,144 · revenue $1,687,926
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-2230780
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $1,893,547
- Income (IRS master file)
- $1,896,522
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,895,800 | $1,635,480 | $1,893,547 | XML |
| 990 | June 2024 | $1,724,148 | $1,577,531 | $1,540,192 | XML |
| 990 | June 2023 | $1,758,438 | $1,703,361 | $1,220,271 | XML |
| 990 | June 2022 | $1,687,753 | $1,534,456 | $1,587,033 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2013 Officer: MaryCampbell Jenkins Filed under this EIN, most likely by a chapter or affiliate | June 30, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-2230780).
Questions about NEW SCHOOL INC
- What is the EIN of NEW SCHOOL INC?
- The employer identification number (EIN) of NEW SCHOOL INC is 46-2230780.
- Is NEW SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to NEW SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW SCHOOL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW SCHOOL INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW SCHOOL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW SCHOOL INC?
- The 990 for the year ended June 30, 2025 names PETER W LEFKOWICZ.
- Who are the officers and directors of NEW SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $90,000 (PETER LEFKOWICZ, HEAD OF SCHOOL).
- How much revenue does NEW SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,895,800, expenses of $1,635,480 and total assets of $1,893,547 at year end.
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