Civic Intelligence

The Newman School

990 • Fiscal year 2014 • EIN 04-2104773

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 11, 2015

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

36th percentile

0.09x

Higher debt load relative to assets than 36% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

30th percentile

0.08x

Higher debt load relative to revenue than 30% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

58th percentile

5.2%

Higher net margin than 58% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

86th percentile

$269,195

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

31st percentile

-1.6%

Faster asset growth than 31% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

56th percentile

5.8%

Faster revenue growth than 56% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Down

$7,948,568

Down $125,526 (-1.6%) from 2013

Net Assets

Up

$7,242,981

Up $786,474 (+12%) from 2013

Liabilities

Down

$705,587

Down $912,000 (-56%) from 2013

Revenue

Up

$8,563,827

Up $467,359 (+5.8%) from 2013

Expenses

Up

$8,115,705

Up $950,095 (+13%) from 2013

Net Income

Down

$448,122

Down $482,736 (-52%) from 2013

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

2014

Assets$7,948,568
Liabilities$705,587
Net Assets$7,242,981

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

2014

Revenue$8,563,827
Expenses$8,115,705
Net Income$448,122
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 11, 2015
Return Version
2013v4.0
Gross Receipts
$9,016,369
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$3,906,527$4,456,876▲ $550,349
Land, Buildings, and Equipment, Net$1,592,235$1,711,142▲ $118,907
Savings and Temporary Cash Investments$2,227,943$1,491,358▼ $736,585
Cash and Non-Interest-Bearing Accounts$286,478$225,519▼ $60,959
Prepaid Expenses and Deferred Charges$52,268$53,309▲ $1,041
Accounts Receivable$8,643$10,364▲ $1,721
Total Assets$8,074,094$7,948,568▼ $125,526
Liabilities
Deferred Revenue$1,387,293$437,866▼ $949,427
Accounts Payable and Accrued Expenses$230,294$267,721▲ $37,427
Total Liabilities$1,617,587$705,587▼ $912,000
Net Assets / Fund Balance
Unrestricted Net Assets$5,949,979$7,242,981▲ $1,293,002
Temporarily Rstr Net Assets$506,528$0▼ $506,528
Total Net Assets Fund Balance$6,456,507$7,242,981▲ $786,474
Total Liabilities and Net Assets / Fund Balance$8,074,094$7,948,568▼ $125,526

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,466,064$1,300,903$2,766,967
Equipment$172,364$989,197$1,161,561
Other Land Buildings$47,662$87,720$135,382
Land$25,052-$25,052
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Harry LynchHeadmaster/presidentFT$240,347$28,848$269,195

Highest Paid Contractors

ContractorServicesLocationCompensation
Supple Construction INCBasement Support Flooring-$109,004
Revenue and Support

Revenue Composition

Contributions and Grants
$132,683
Program Service Revenue
$8,271,858
Investment Income
$167,191
Other Revenue
$-7,905
All Other Contributions
$119,708
Change in Net Assets
$448,122

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 Traded1$51,828Market Value at Date of
Total Noncash Contributions1$51,828-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,563,827
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,834,602
Total Revenue per Audited Statements
$6,729,225
Total Revenue per Form 990
$8,563,827
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,189,799
Other Expenses$2,606,778
Grants and Similar Amounts Paid$1,319,128
Total Fundraising Expense$74,945
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,776,640$397,600$47,586$3,221,826
Grants to Domestic Individuals$1,319,128--$1,319,128
All Other Expenses$105,010$191,811$14,548$311,369
Other Employee Benefits$252,655$44,586$6,980$304,221
Fees for Services Other-$285,871-$285,871
Payroll Taxes$235,885$43,725$3,500$283,110
Current Officers, Directors, Trustees, and Key Employees-$277,743-$277,743
Other Expenses$110,244$56,426-$166,670
Advertising-$165,618-$165,618
Depreciation Depletion$128,893--$128,893
Pension Plan Contributions$86,923$13,645$2,331$102,899
Insurance$57,082$9,300-$66,382
Fees for Services Accounting-$17,000-$17,000
Travel-$10,412-$10,412
Fees for Services Legal-$9,114-$9,114
Fees for Service Investment Mgmnt Fees-$6,562-$6,562
Total Functional Expenses$6,431,184$1,609,576$74,945$8,115,705

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,115,705
Total Expenses per Form 990$8,115,705
Total Expenses per Audited Statements$5,942,751
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-2,172,954
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,905
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$95,751
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 11

The 990 is reviewed by a member of the executive committee, discussed with other members of the committee at his 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

EIN
04-2104773
Phone
6172674530

Signing Officer

Name
J Harry Lynch
Title
Headmaster
Phone
6172674530
Signed
2015-02-11
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
59
Volunteers
20

Preparer

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 -1,319,128. Fundraising event 7,905. Homestay expenses -861,731.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Financial aid and scholarships -1,319,128. Fundraising event 7,905. Homestay expenses -861,731.

Raw XML AppendixShowing 400 of 555 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/GrantAmt01319128
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01319128
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01319128
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0487340
IRS990/GrossReceiptsAmt09016369
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt09300
IRS990/InsuranceGrp/ProgramServicesAmt057082
IRS990/InsuranceGrp/TotalAmt066382
IRS990/InvestmentIncomeGrp/ExclusionAmt0124488
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0124488
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03906527
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04456876
IRS990/IRPDocumentCnt076
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02377820
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01592235
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01711142
IRS990/LandBldgEquipCostOrOtherBssAmt04088962
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0444637
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/NetAssetsOrFundBalancesBOYAmt06456507
IRS990/NetAssetsOrFundBalancesEOYAmt07242981
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt042703
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt042703
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-7905
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-7905
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0338352
IRS990/NoncashContributionsAmt051828
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06980
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt044586
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0252655
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0304221
IRS990/OtherExpensesGrp/Desc0HOMESTAY EXPENSES
IRS990/OtherExpensesGrp/Desc1SUPPLIES & EQUIPMENT
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050849
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt129314
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt256426
IRS990/OtherExpensesGrp/ProgramServicesAmt0861731
IRS990/OtherExpensesGrp/ProgramServicesAmt1296658
IRS990/OtherExpensesGrp/ProgramServicesAmt2200335
IRS990/OtherExpensesGrp/ProgramServicesAmt3110244
IRS990/OtherExpensesGrp/TotalAmt0861731
IRS990/OtherExpensesGrp/TotalAmt1347507
IRS990/OtherExpensesGrp/TotalAmt2229649
IRS990/OtherExpensesGrp/TotalAmt3166670
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt047586
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0397600
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02776640
IRS990/OtherSalariesAndWagesGrp/TotalAmt03221826
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03500
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt043725
IRS990/PayrollTaxesGrp/ProgramServicesAmt0235885
IRS990/PayrollTaxesGrp/TotalAmt0283110
IRS990/PensionPlanContributionsGrp/FundraisingAmt02331
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013645
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt086923
IRS990/PensionPlanContributionsGrp/TotalAmt0102899
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt052268
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053309
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/RelatedOrExemptFuncIncomeAmt07210597
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1913962
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2108901
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt338398
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07210597
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1913962
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2108901
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt338398
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0156086
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01225802
IRS990/PYInvestmentIncomeAmt0111099
IRS990/PYOtherExpensesAmt02236978
IRS990/PYOtherRevenueAmt0-5638
IRS990/PYProgramServiceRevenueAmt07834921
IRS990/PYRevenuesLessExpensesAmt0930858
IRS990/PYSalariesCompEmpBnftPaidAmt03702830
IRS990/PYTotalExpensesAmt07165610
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08096468
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0448122
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08271858
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02227943
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01491358
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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/BookValueAmt01466064
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01300903
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02766967
IRS990ScheduleD/EquipmentGrp/BookValueAmt0172364
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0989197
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01161561
IRS990ScheduleD/ExpensesNotReportedAmt0-2172954
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08115705
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt025052
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025052
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0338352
IRS990ScheduleD/OtherExpensesIncludedAmt0-2172954
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt047662
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt087720
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0135382
IRS990ScheduleD/OtherRevenueAmt0-2172954
IRS990ScheduleD/RevenueNotReportedAmt0-1834602
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08563827
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 -1,319,128. FUNDRAISING EVENT 7,905. HOMESTAY EXPENSES -861,731.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID AND SCHOLARSHIPS -1,319,128. FUNDRAISING EVENT 7,905. HOMESTAY EXPENSES -861,731.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01711142
IRS990ScheduleD/TotalExpensesPerForm990Amt08115705
IRS990ScheduleD/TotalRevenuePerForm990Amt08563827
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06729225
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05942751
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

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