Civic Intelligence

The Newman School

990 • Fiscal year 2016 • EIN 04-2104773

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 17, 2017

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

58th percentile

0.25x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.31x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

64th percentile

7.0%

Higher net margin than 64% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

86th percentile

$273,506

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

83rd percentile

19%

Faster asset growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

78th percentile

19%

Faster revenue growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$9,831,781

Up $1,546,392 (+19%) from 2015

Net Assets

Up

$7,334,778

Up $456,081 (+6.6%) from 2015

Liabilities

Up

$2,497,003

Up $1,090,311 (+78%) from 2015

Revenue

Up

$8,072,917

Up $1,263,944 (+19%) from 2015

Expenses

Up

$7,509,379

Up $347,250 (+4.8%) from 2015

Net Income

Up

$563,538

Up $916,694 (+260%) from 2015

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

2016

Assets$9,831,781
Liabilities$2,497,003
Net Assets$7,334,778

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

2016

Revenue$8,072,917
Expenses$7,509,379
Net Income$563,538
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 17, 2017
Return Version
2015v3.0
Gross Receipts
$8,322,783
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$4,566,799$4,595,425▲ $28,626
Savings and Temporary Cash Investments$1,879,478$3,369,618▲ $1,490,140
Land, Buildings, and Equipment, Net$1,598,004$1,529,669▼ $68,335
Cash and Non-Interest-Bearing Accounts$141,361$204,287▲ $62,926
Prepaid Expenses and Deferred Charges$80,690$109,929▲ $29,239
Pledges and Grants Receivable-$13,365-
Accounts Receivable$19,057$9,488▼ $9,569
Total Assets$8,285,389$9,831,781▲ $1,546,392
Liabilities
Deferred Revenue$1,203,635$2,274,431▲ $1,070,796
Accounts Payable and Accrued Expenses$203,057$222,572▲ $19,515
Total Liabilities$1,406,692$2,497,003▲ $1,090,311
Net Assets / Fund Balance
Unrestricted Net Assets$6,878,697$7,316,413▲ $437,716
Temporarily Rstr Net Assets-$18,365-
Total Net Assets Fund Balance$6,878,697$7,334,778▲ $456,081
Total Liabilities and Net Assets / Fund Balance$8,285,389$9,831,781▲ $1,546,392

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,349,680$1,422,201$2,771,881
Equipment$123,052$552,897$675,949
Other Land Buildings$31,885$55,337$87,222
Land$25,052-$25,052
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Harry LynchHeadmaster/presidentFT$247,161$26,345$273,506
Revenue and Support

Revenue Composition

Contributions and Grants
$156,988
Program Service Revenue
$7,840,954
Investment Income
$87,210
Other Revenue
$-12,235
All Other Contributions
$126,113
Change in Net Assets
$563,538

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$54,128Market Value at Date of
Total Noncash Contributions1$54,128-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,072,917
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-2,073,568
Total Revenue per Audited Statements
$5,999,349
Total Revenue per Form 990
$8,072,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,963,647
Other Expenses$1,994,882
Grants and Similar Amounts Paid$1,550,850
Total Fundraising Expense$104,403
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,555,927$360,850$61,633$2,978,410
Grants to Domestic Individuals$1,550,850--$1,550,850
Other Employee Benefits$312,657$25,406$5,114$343,177
Advertising-$292,045-$292,045
Current Officers, Directors, Trustees, and Key Employees-$288,439-$288,439
All Other Expenses$96,410$160,203$29,579$286,192
Payroll Taxes$199,269$38,521$5,050$242,840
Fees for Services Other-$224,725-$224,725
Depreciation Depletion$119,028--$119,028
Pension Plan Contributions$92,619$15,135$3,027$110,781
Other Expenses$11,556$76,567-$88,123
Insurance$59,385$9,667-$69,052
Travel-$19,704-$19,704
Fees for Services Accounting-$18,000-$18,000
Fees for Service Investment Mgmnt Fees-$4,840-$4,840
Fees for Services Legal-$4,037-$4,037
Total Functional Expenses$5,784,205$1,620,771$104,403$7,509,379

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,509,379
Total Expenses per Form 990$7,509,379
Total Expenses per Audited Statements$5,543,268
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-1,966,111
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$12,235
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$30,875-$12,235-
Total Events$30,875-$12,235$-12,235
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$95,120
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 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
2017-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Harry Lynch
Formed
1945
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
10
Employees
56
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 -1,550,850. Fundraising event 12,235. Homestay expenses -427,496.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Financial aid and scholarships -1,550,850. Fundraising event 12,235. Homestay expenses -427,496.

Raw XML AppendixShowing 400 of 549 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/InsuranceGrp/TotalAmt069052
IRS990/InvestmentIncomeGrp/ExclusionAmt0102474
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0102474
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04566799
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04595425
IRS990/IRPDocumentCnt077
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02030435
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01598004
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01529669
IRS990/LandBldgEquipCostOrOtherBssAmt03560104
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0237631
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/NetAssetsOrFundBalancesBOYAmt06878697
IRS990/NetAssetsOrFundBalancesEOYAmt07334778
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-15264
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-15264
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-12235
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-12235
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-107457
IRS990/NoncashContributionsAmt054128
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05114
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt025406
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0312657
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0343177
IRS990/OtherExpensesGrp/Desc0HOMESTAY EXPENSES
IRS990/OtherExpensesGrp/Desc1SUPPLIES & EQUIPMENT
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt041319
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt141313
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt276567
IRS990/OtherExpensesGrp/ProgramServicesAmt0427496
IRS990/OtherExpensesGrp/ProgramServicesAmt1248638
IRS990/OtherExpensesGrp/ProgramServicesAmt2110370
IRS990/OtherExpensesGrp/ProgramServicesAmt311556
IRS990/OtherExpensesGrp/TotalAmt0427496
IRS990/OtherExpensesGrp/TotalAmt1289957
IRS990/OtherExpensesGrp/TotalAmt2151683
IRS990/OtherExpensesGrp/TotalAmt388123
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt061633
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0360850
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02555927
IRS990/OtherSalariesAndWagesGrp/TotalAmt02978410
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05050
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt038521
IRS990/PayrollTaxesGrp/ProgramServicesAmt0199269
IRS990/PayrollTaxesGrp/TotalAmt0242840
IRS990/PensionPlanContributionsGrp/FundraisingAmt03027
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015135
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt092619
IRS990/PensionPlanContributionsGrp/TotalAmt0110781
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt013365
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt080690
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0109929
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/RelatedOrExemptFuncIncomeAmt07307810
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1448589
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt259175
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt325380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07307810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1448589
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt259175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt325380
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0153523
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01350720
IRS990/PYInvestmentIncomeAmt067865
IRS990/PYOtherExpensesAmt01805565
IRS990/PYOtherRevenueAmt0-4851
IRS990/PYProgramServiceRevenueAmt06592436
IRS990/PYRevenuesLessExpensesAmt0-353156
IRS990/PYSalariesCompEmpBnftPaidAmt04005844
IRS990/PYTotalExpensesAmt07162129
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06808973
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0563538
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07840954
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01879478
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03369618
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/BookValueAmt01349680
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01422201
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02771881
IRS990ScheduleD/EquipmentGrp/BookValueAmt0123052
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0552897
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0675949
IRS990ScheduleD/ExpensesNotReportedAmt0-1966111
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07509379
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt025052
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025052
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-107457
IRS990ScheduleD/OtherExpensesIncludedAmt0-1966111
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt031885
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055337
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt087222
IRS990ScheduleD/OtherRevenueAmt0-1966111
IRS990ScheduleD/RevenueNotReportedAmt0-2073568
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08072917
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 -1,550,850. FUNDRAISING EVENT 12,235. HOMESTAY EXPENSES -427,496.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID AND SCHOLARSHIPS -1,550,850. FUNDRAISING EVENT 12,235. HOMESTAY EXPENSES -427,496.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01529669
IRS990ScheduleD/TotalExpensesPerForm990Amt07509379
IRS990ScheduleD/TotalRevenuePerForm990Amt08072917
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05999349
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05543268
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt030875
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt030875
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012235
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt030875
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-12235
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt012235
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt012235
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID BASED ON DEMONSTRATED NEED.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIP BASED ON MERIT.

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