Civic Intelligence

The Newman School

990 • Fiscal year 2018 • EIN 04-2104773

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 18, 2018

245 Marlborough StreetBoston, MA 02116

(617) 267-4530

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.16x

Higher debt load relative to assets than 44% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

49th percentile

0.21x

Higher debt load relative to revenue than 49% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

53rd percentile

4.0%

Higher net margin than 53% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$293,299

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

36th percentile

-1.2%

Faster asset growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-8.5%

Faster revenue growth than 20% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$11,032,151

Down $131,561 (-1.2%) from 2017

Net Assets

Up

$9,302,339

Up $566,566 (+6.5%) from 2017

Liabilities

Down

$1,729,812

Down $698,127 (-29%) from 2017

Revenue

Down

$8,045,727

Down $744,949 (-8.5%) from 2017

Expenses

Up

$7,720,748

Up $159,002 (+2.1%) from 2017

Net Income

Down

$324,979

Down $903,951 (-74%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $5,495,116Liabilities 2011: $435,645Net Assets 2011: $5,059,4712011Assets 2012: $6,504,848Liabilities 2012: $1,259,200Net Assets 2012: $5,245,6482012Assets 2013: $8,074,094Liabilities 2013: $1,617,587Net Assets 2013: $6,456,5072013Assets 2014: $7,948,568Liabilities 2014: $705,587Net Assets 2014: $7,242,9812014Assets 2015: $8,285,389Liabilities 2015: $1,406,692Net Assets 2015: $6,878,6972015Assets 2016: $9,831,781Liabilities 2016: $2,497,003Net Assets 2016: $7,334,7782016Assets 2017: $11,163,712Liabilities 2017: $2,427,939Net Assets 2017: $8,735,7732017Assets 2018: $11,032,151Liabilities 2018: $1,729,812Net Assets 2018: $9,302,3392018Assets 2019: $10,402,660Liabilities 2019: $1,162,962Net Assets 2019: $9,239,6982019Assets 2020: $10,059,444Liabilities 2020: $1,310,574Net Assets 2020: $8,748,8702020Assets 2021: $11,815,609Liabilities 2021: $2,300,517Net Assets 2021: $9,515,0922021Assets 2022: $11,310,210Liabilities 2022: $2,185,096Net Assets 2022: $9,125,1142022Assets 2023: $11,970,868Liabilities 2023: $1,865,978Net Assets 2023: $10,104,8902023Assets 2024: $15,462,078Liabilities 2024: $5,056,264Net Assets 2024: $10,405,8142024

Highlighted filing

2018

Assets$11,032,151
Liabilities$1,729,812
Net Assets$9,302,339

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $5,459,7582011Expenses 2012: $6,245,5212012Revenue 2013: $8,096,468Expenses 2013: $7,165,610Net Income 2013: $930,8582013Revenue 2014: $8,563,827Expenses 2014: $8,115,705Net Income 2014: $448,1222014Revenue 2015: $6,808,973Expenses 2015: $7,162,129Net Income 2015: -$353,1562015Revenue 2016: $8,072,917Expenses 2016: $7,509,379Net Income 2016: $563,5382016Revenue 2017: $8,790,676Expenses 2017: $7,561,746Net Income 2017: $1,228,9302017Revenue 2018: $8,045,727Expenses 2018: $7,720,748Net Income 2018: $324,9792018Revenue 2019: $7,507,552Expenses 2019: $7,701,818Net Income 2019: -$194,2662019Revenue 2020: $6,469,650Expenses 2020: $7,024,772Net Income 2020: -$555,1222020Revenue 2021: $6,664,235Expenses 2021: $7,113,546Net Income 2021: -$449,3112021Revenue 2022: $8,351,226Expenses 2022: $7,878,271Net Income 2022: $472,9552022Revenue 2023: $9,640,568Expenses 2023: $9,353,741Net Income 2023: $286,8272023Revenue 2024: $10,057,472Expenses 2024: $10,797,750Net Income 2024: -$740,2782024

Highlighted filing

2018

Revenue$8,045,727
Expenses$7,720,748
Net Income$324,979
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 18, 2018
Return Version
2017v2.3
Gross Receipts
$8,207,378
Mission and Program Overview

Mission

Founded in 1945, the newman school, an independent day school in the catholic tradition, prepares young women and men from greater boston and around the world for success in university and college studies and life.with a school culture that is uniquely welcoming and supportive, newman provides students from broadly diverse backgrounds an opportunity to pursue serious studies in the company of like-minded peers and instructors. Studies are organized around the principles of the international baccalaureate diploma programme, and students have the option of pursuing the entire ib diploma or those portions of it which meet their needs and aspirations.guided by cardinal newman's motto, cor ad cor loquitur - heart speaks to heart, the school believes that students are able to achieve their potential when pursuing their studies in an environment of mutual respect, integrity, seriousness of purpose, and civic responsibility.

SEE PAGE 2

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,084,101$6,505,938▲ $421,837
Savings and Temporary Cash Investments$3,357,497$2,725,932▼ $631,565
Land, Buildings, and Equipment, Net$1,478,179$1,492,718▲ $14,539
Cash and Non-Interest-Bearing Accounts$142,194$238,557▲ $96,363
Prepaid Expenses and Deferred Charges$70,834$40,334▼ $30,500
Accounts Receivable$18,275$20,490▲ $2,215
Pledges and Grants Receivable$12,632$8,182▼ $4,450
Total Assets$11,163,712$11,032,151▼ $131,561
Liabilities
Deferred Revenue$2,246,004$1,522,308▼ $723,696
Accounts Payable and Accrued Expenses$181,935$207,504▲ $25,569
Total Liabilities$2,427,939$1,729,812▼ $698,127
Net Assets / Fund Balance
Unrestricted Net Assets$8,706,236$9,271,134▲ $564,898
Temporarily Rstr Net Assets$29,537$31,205▲ $1,668
Total Net Assets Fund Balance$8,735,773$9,302,339▲ $566,566
Total Liabilities and Net Assets / Fund Balance$11,163,712$11,032,151▼ $131,561

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,238,848$1,533,033$2,771,881
Equipment$181,266$654,175$835,441
Other Land Buildings$47,552$68,600$116,152
Land$25,052-$25,052
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Harry LynchHeadmaster/presidentFT$265,966$27,333$293,299
Revenue and Support

Revenue Composition

Contributions and Grants
$197,713
Program Service Revenue
$7,709,415
Investment Income
$143,850
Other Revenue
$-5,251
All Other Contributions
$191,303
Change in Net Assets
$324,979

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$64,627Market Value at Date of
Total Noncash Contributions2$64,627-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,045,727
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,798,245
Total Revenue per Audited Statements
$6,247,482
Total Revenue per Form 990
$8,045,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,030,292
Other Expenses$2,030,599
Grants and Similar Amounts Paid$1,659,857
Total Fundraising Expense$181,741
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,583,108$372,662$89,315$3,045,085
Grants to Domestic Individuals$1,659,857--$1,659,857
All Other Expenses$102,436$175,939$68,467$346,842
Other Employee Benefits$279,820$26,705$12,690$319,215
Current Officers, Directors, Trustees, and Key Employees-$305,094-$305,094
Advertising-$257,998-$257,998
Payroll Taxes$203,917$39,850$7,066$250,833
Fees for Services Other-$169,190-$169,190
Depreciation Depletion$116,129--$116,129
Pension Plan Contributions$89,470$16,392$4,203$110,065
Other Expenses$1,650$79,437-$81,087
Insurance$61,576$10,024-$71,600
Travel-$19,523-$19,523
Fees for Services Accounting-$18,000-$18,000
Fees for Services Legal-$3,769-$3,769
Total Functional Expenses$5,938,761$1,600,246$181,741$7,720,748

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,720,748
Total Expenses per Form 990$7,720,748
Total Expenses per Audited Statements$5,680,916
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-2,039,832
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,251
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Patricia LynchSpouse of Headmaster/presidentPatricia Lynch Is Married to J. Harry Lynch, Headmaster and President of the School. Patricia Lynch Serves as the Director of Admissions and Is Compensated for Services Rendered in That Capacity.No$103,134
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by a member of the executive committee, discussed with other members of the committee at their discretion, prior to filing.

Form 990, Part VI, Section B, Line 12C

The board of trustees and officers are required to disclose possible conflict of interests for executive committee review and forwarding to the board for discussion if warranted. The school has a conflict of interest policy and this is reviewed annually by the board of trustees.

Form 990, Part VI, Section B, Line 15A

The executive committee of the board of trustees reviews comparative salaries for employees in comparable positions at similarly sized organizations located around the school's geographic area on a regular basis. Salaries for all key employees are established with reference to this evaluation of comparable salaries at similar organizations.

Form 990, Part VI, Section C, Line 18

The organization's tax filings are available online for viewing at www.guidestar.org, a website used to rate non-profits for potential donors. The tax filings are also available at the massachusetts attorney general's division for public charities website and upon request at the school.

Form 990, Part VI, Section C, Line 19

The organization's financial statements are available online for viewing at the massachusetts attorney general's division for public charities website and upon request at the school.

Filing and Contact Details

Filer

Filer Name
The Newman School
EIN
04-2104773
Phone
6172674530
Address
245 MARLBOROUGH STREET, BOSTON, MA 02116

Signing Officer

Name
J Harry Lynch
Title
Headmaster
Phone
6172674530
Signed
2018-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Harry Lynch
Formed
1945
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
11
Employees
53
Volunteers
20

Preparer

Firm
Stone & Company LLC
Address
57 BEDFORD ST STE 225, LEXINGTON, MA 02420-4443
Preparer
Matthew P Stone CPA
Phone
7818636300
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Part x, line 2: the school accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The school has identified its tax status as a tax exempt entity as a tax position; however, the school has determined that such tax position does not result in an uncertainty requiring recognition.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Financial aid and scholarships -1,659,857. Fundraising event 5,251. Homestay expenses -385,226.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Financial aid and scholarships -1,659,857. Fundraising event 5,251. Homestay expenses -385,226.

Raw XML AppendixShowing 400 of 548 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt010024
IRS990/InsuranceGrp/ProgramServicesAmt061576
IRS990/InsuranceGrp/TotalAmt071600
IRS990/InvestmentIncomeGrp/ExclusionAmt0140217
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0140217
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06084101
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06505938
IRS990/IRPDocumentCnt082
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02255808
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01478179
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01492718
IRS990/LandBldgEquipCostOrOtherBssAmt03748526
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0156400
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE NEWMAN SCHOOL, IN THE HEART OF A GREAT CITY, PROVIDES A DIVERSE STUDENT BODY A COLLEGE PREPARATORY, LIBERAL ARTS EDUCATION BASED ON JUDEO-CHRISTIAN VALUES, INTELLECTUAL RIGOR, AND TRUST, GUIDED BY THE SPIRIT AND PHILOSOPHY OF JOHN HENRY CARDINAL NEWMAN.THE SCHOOL ENCOURAGES STUDENTS TO RECOGNIZE THE RELATIONSHIP BETWEEN PERSONAL AND INTELLECTUAL GROWTH, AND SEEKS TO NURTURE THE INTELLECT, AND INSTILL MOTIVATION, KINDNESS, THE DESIRE FOR TRUTH, AND MORAL DECISION MAKING. WE BELIEVE THAT IT IS ONLY IN THE CONTEXT OF EXPLORING THE POSSIBILITY OF A RELATIONSHIP WITH GOD, AND ACKNOWLEDGING OUR RESPONSIBILITIES TOWARD SELF AND COMMUNITY, THAT WE CAN PURSUE AN EDUCATION WHICH PREPARES US FOR LEADING FULFILLING LIVES.NEWMAN'S MOTTO, "LET HEART SPEAK TO HEART" ESTABLISHES THE TONE FOR EACH DAY ENCOURAGING STUDENTS TO FORM MATURE AND STIMULATING RELATIONSHIPS WITH TEACHERS AND PEERS, AND TO RECOGNIZE THEIR INDIVIDUAL GIFTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08735773
IRS990/NetAssetsOrFundBalancesEOYAmt09302339
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt03633
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03633
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-5251
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-5251
IRS990/NetUnrelatedBusTxblIncmAmt09739
IRS990/NetUnrlzdGainsLossesInvstAmt0241587
IRS990/NoncashContributionsAmt064627
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012690
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026705
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0279820
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0319215
IRS990/OtherExpensesGrp/Desc0HOMESTAY EXPENSES
IRS990/OtherExpensesGrp/Desc1SUPPLIES & EQUIPMENT
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033173
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt172490
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt279437
IRS990/OtherExpensesGrp/ProgramServicesAmt0385226
IRS990/OtherExpensesGrp/ProgramServicesAmt1290541
IRS990/OtherExpensesGrp/ProgramServicesAmt2165031
IRS990/OtherExpensesGrp/ProgramServicesAmt31650
IRS990/OtherExpensesGrp/TotalAmt0385226
IRS990/OtherExpensesGrp/TotalAmt1323714
IRS990/OtherExpensesGrp/TotalAmt2237521
IRS990/OtherExpensesGrp/TotalAmt381087
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt089315
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0372662
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02583108
IRS990/OtherSalariesAndWagesGrp/TotalAmt03045085
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07066
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt039850
IRS990/PayrollTaxesGrp/ProgramServicesAmt0203917
IRS990/PayrollTaxesGrp/TotalAmt0250833
IRS990/PensionPlanContributionsGrp/FundraisingAmt04203
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016392
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt089470
IRS990/PensionPlanContributionsGrp/TotalAmt0110065
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt012632
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt08182
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt070834
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040334
IRS990/PrincipalOfficerNm0J HARRY LYNCH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1HOMESTAY
IRS990/ProgramServiceRevenueGrp/Desc2ACTIVITY FEES AND OTHE
IRS990/ProgramServiceRevenueGrp/Desc3AUXILIARY ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07236560
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1398516
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt259952
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt314387
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07236560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1398516
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt259952
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt314387
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0190366
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01508960
IRS990/PYInvestmentIncomeAmt0263706
IRS990/PYOtherExpensesAmt02150618
IRS990/PYOtherRevenueAmt0-11554
IRS990/PYProgramServiceRevenueAmt08348158
IRS990/PYRevenuesLessExpensesAmt01228930
IRS990/PYSalariesCompEmpBnftPaidAmt03902168
IRS990/PYTotalExpensesAmt07561746
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08790676
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0324979
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07709415
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03357497
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02725932
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/OtherActivitiesInd01
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE NEWMAN SCHOOL BELONGS TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. SOME PORTION OF MEMBERSHIP DUES MAY BE UTILIZED FOR LOBBYING ACTIVITIES.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
IRS990ScheduleD/BuildingsGrp/BookValueAmt01238848
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01533033
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02771881
IRS990ScheduleD/EquipmentGrp/BookValueAmt0181266
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0654175
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0835441
IRS990ScheduleD/ExpensesNotReportedAmt0-2039832
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07720748
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt025052
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025052
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0241587
IRS990ScheduleD/OtherExpensesIncludedAmt0-2039832
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt047552
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt068600
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0116152
IRS990ScheduleD/OtherRevenueAmt0-2039832
IRS990ScheduleD/RevenueNotReportedAmt0-1798245
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08045727
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X, LINE 2: THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AS A TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID AND SCHOLARSHIPS -1,659,857. FUNDRAISING EVENT 5,251. HOMESTAY EXPENSES -385,226.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID AND SCHOLARSHIPS -1,659,857. FUNDRAISING EVENT 5,251. HOMESTAY EXPENSES -385,226.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01492718
IRS990ScheduleD/TotalExpensesPerForm990Amt07720748
IRS990ScheduleD/TotalRevenuePerForm990Amt08045727
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06247482
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05680916
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PARTICIPATES IN GROUP ADVERTISING THAT STATES THAT THE SCHOOL DOES NOT DISCRIMINATE WITH REGARD TO RACE, COLOR, SEX, NATIONAL ORIGIN, RELIGION, ETC.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID BASED ON DEMONSTRATED NEED.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIP BASED ON MERIT.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0618607
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt11041250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION ASSISTANCE.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc1MERIT BASED SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt047
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt1119
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV OF PUBLISHED TUITION RATES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV OF PUBLISHED TUITION RATES
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE NEWMAN SCHOOL OFFERS FINANCIAL AID OR SCHOLARSHIP ASSISTANCE TO FAMILIES WITH A DEMONSTRATED FINANCIAL NEED. TO APPLY, PARENTS MUST COMPLETE THE PARENTS' FINANCIAL STATEMENTS (PFS) AND SUBMIT THAT TO THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID IN PRINCETON, N.J.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.5$5.06$10.4$10.1$10.8$0.74
2023Detailed filing. Detailed filing data is available for this year.$12.0$1.87$10.1$9.64$9.35$0.29
2022Detailed filing. Detailed filing data is available for this year.$11.3$2.19$9.13$8.35$7.88$0.47
2021Detailed filing. Detailed filing data is available for this year.$11.8$2.30$9.52$6.66$7.11$0.45
2020Detailed filing. Detailed filing data is available for this year.$10.1$1.31$8.75$6.47$7.02$0.56
2019Detailed filing. Detailed filing data is available for this year.$10.4$1.16$9.24$7.51$7.70$0.19
2018Detailed filing. Detailed filing data is available for this year.$11.0$1.73$9.30$8.05$7.72$0.32
2017Detailed filing. Detailed filing data is available for this year.$11.2$2.43$8.74$8.79$7.56$1.23
2016Detailed filing. Detailed filing data is available for this year.$9.83$2.50$7.33$8.07$7.51$0.56
2015Detailed filing. Detailed filing data is available for this year.$8.29$1.41$6.88$6.81$7.16$0.35
2014Detailed filing. Detailed filing data is available for this year.$7.95$0.71$7.24$8.56$8.12$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.07$1.62$6.46$8.10$7.17$0.93
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.50$1.26$5.25$6.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.44$5.06$5.46