2021-05-12T13:52:01-05:00 2020-06-30 131459550 MAZARS USA LLP 135 WEST 50TH STREET NEW YORK NY 100200002 990 2019-07-01 043519203 NEW LEADERS INC NEWL 6467921070 30 WEST 26TH STREET 10TH FLOOR NEW YORK NY 10010 JEAN DESRAVINES CEO 6467921070 2021-05-12 1 TAMAR PLOTZKER P02047230 2128127000 2019 2022-09-23 18:48:47Z JEAN DESRAVINES 30 WEST 26TH STREET 10TH FLOOR NEW YORK NY 10010 26661210 0 X WWW.NEWLEADERS.ORG X 2000 MA TO PREPARE EDUCATION LEADERS TO DELIVER BREAKTHROUGH RESULTS IN AMERICA'S HIGHEST-NEED SCHOOLS 13 12 156 12 0 0 20736797 19117431 8922313 7039415 568633 310931 143087 193433 30370830 26661210 8102 9000 0 0 20224112 18686431 0 0 1290596 6467526 5212648 26699740 23908079 3671090 2753131 33296328 37022082 4297531 5014611 28998797 32007471 X NEW LEADERS, INC.'S MISSION IS TO ENSURE HIGH ACADEMIC ACHIEVEMENT FOR ALL CHILDREN, ESPECIALLY STUDENTS IN POVERTY AND STUDENTS OF COLOR, BY DEVELOPING TRANSFORMATIONAL SCHOOL LEADERS AND ADVANCING THE POLICIES AND PRACTICES THAT ALLOW GREAT LEADERS TO SUCCEED. 0 0 7899567 LEADERSHIP DEVELOPMENT SERVICES:NEW LEADERS PROVIDES BEST-IN-CLASS LEADERSHIP TRAINING AND DEVELOPMENT THAT ENSURES ADULT LEADERS IN SCHOOLS ARE SET UP TO PROVIDE ALL STUDENTS WITH CHALLENGING, ENGAGING LEARNING EXPERIENCES IN EVERY CLASSROOM, EVERY DAY, YEAR AFTER YEAR. THESE OFFERINGS CAN BE TARGETED TO MEET THE NEEDS OF OUR PARTNERS WITH MULTIPLE LEADERSHIP AUDIENCES INCLUDING TEACHER LEADERS, INSTRUCTIONAL LEADERSHIP TEAMS, ASSISTANT PRINCIPALS, ASPIRING PRINCIPALS, NOVICE OR EXPERIENCED PRINCIPALS, PRINCIPAL SUPERVISORS, AND/OR COHORTS THAT INCLUDE A CROSS-SECTION OF LEADERS FROM WITHIN A SCHOOL, DISTRICT, CHARTER NETWORK, OR STATE. IN SCHOOL YEAR 2019-20, NEW LEADERS EXECUTED PARTNERSHIPS IN 34 SITES NATIONWIDE. THIS PROGRAMMING BROUGHT US INTO 645 SCHOOLS IN 40 PUBLIC SCHOOL DISTRICTS AND 43 CHARTER SCHOOLS IN 11 CHARTER MANAGEMENT ORGANIZATIONS. LEADERSHIP DEVELOPMENT SERVICES BUILD ON OUR PARTNERS' STRENGTHS AND ARE RESPONSIVE TO OUR PARTNERS' NEEDS, BUILDING THE CAPACITY OF PARTICIPATING LEADERS AS WELL AS THE SCHOOLS AND SYSTEMS WHERE THEY WORK. THESE OFFERINGS DRAW ON OUR PROVEN CONTENT, THE TRANSFORMATIONAL LEADERSHIP FRAMEWORK, AND USE EVIDENCE-BASED DELIVERY MODELS TO DEVELOP LEADERS THAT IMPROVE LEARNING EXPERIENCES FOR STUDENTS ACROSS THE COUNTRY. IN 2019-20, WE REACHED 2,470 LEADERS THAT SERVED AN ESTIMATED 377,450 STUDENTS. 2524779 EMERGING LEADERS (EMERGING LEADERS PROGRAM):EMERGING LEADERS PROVIDES ON-THE-JOB LEADERSHIP TRAINING THAT PREPARES ASSISTANT PRINCIPALS, COACHES, AND TEACHER LEADERS TO ELEVATE INSTRUCTION AND RAISE ACHIEVEMENT ACROSS MULTIPLE CLASSROOMS. THE PROGRAM STRENGTHENS LEADERSHIP CAPACITY ACROSS ENTIRE DISTRICTS AND CHARTER NETWORKS, BUILDING A PIPELINE OF WELL-PREPARED FUTURE SCHOOL LEADERS AND ENSURING THAT TEACHER LEADERS AND ASSISTANT PRINCIPALS MASTER ESSENTIAL ADULT AND INSTRUCTIONAL LEADERSHIP SKILLS NEEDED TO GUIDE COLLEAGUES AND THEIR STUDENTS TO EXCELLENCE. IN THE 2019-20 SCHOOL YEAR, 105 EDUCATORS COMPLETED EMERGING LEADERS IN SIX SITES. EMERGING LEADERS ALSO SERVES AS AN ADMISSION PATHWAY TO NEW LEADERS' ASPIRING PRINCIPALS PROGRAM. 2197819 9000 ASPIRING PRINCIPALS (RESIDENCY AND INDUCTION): THE CORE OF NEW LEADERS' ASPIRING PRINCIPALS IS A YEAR-LONG, FULL-TIME, PAID RESIDENCY IN A PUBLIC SCHOOL WHERE THE PARTICIPANT WORKS ALONGSIDE A MENTOR PRINCIPAL. SIMULTANEOUSLY, PARTICIPANTS RECEIVE ONGOING TRAINING FROM NEW LEADERS THROUGH A SUMMER INSTITUTE AND REGULAR SEMINARS AND TRAINING SESSIONS. THEY ALSO RECEIVE 1-2 YEARS OF ADDITIONAL TRAINING, COACHING, AND INDUCTION SUPPORT ONCE THEY TAKE THE HELM OF THEIR OWN SCHOOL. PARTICIPANTS UNDERGO AN INTENSIVE RECRUITMENT AND ADMISSIONS PROCESS IN ORDER TO BE ACCEPTED OR ARE REVIEWED FOR ADMISSION AS PART OF THEIR PARTICIPATION IN NEW LEADERS' EMERGING LEADERS PROGRAM. THE ULTIMATE GOAL OF THE RESIDENCY IS TO PREPARE PARTICIPANTS TO BECOME HIGHLY EFFECTIVE SCHOOL LEADERS IN PUBLIC SCHOOLS THAT LEAD WITH INSTRUCTIONAL EXCELLENCE AND EQUITY. IN 2019-20, NEW LEADERS DELIVERED RIGOROUS CURRICULUM, TRAINING, AND SUPPORT EXPERIENCES TO NINE PROGRAM COMPLETERS IN ONE SITE. PRINCIPAL INDUCTION SUPPORTS PROGRAM PARTICIPANTS WHO COMPLETE THE ASPIRING PRINCIPALS PROGRAM AND ACCEPT LEADERSHIP POSITIONS IN PUBLIC SCHOOLS. 3393380 7039415 THESE SERVICES INCLUDE CRITICAL INTERNAL INFRASTRUCTURE THAT ENABLES THE SUCCESSFUL DESIGN OF OUR EVIDENCE-BASED PROGRAMMING AND MAXIMIZES OUR FOOTPRINT NATIONALLY. THE PROGRAM DESIGN TEAM DEVELOPS CONTENT TO DEVELOP HIGHLY ENGAGING AND INTERACTIVE INSTRUCTION FOR ADULT LEADERS PARTICIPATING IN OUR PROGRAMS. THE CONTENT DEVELOPMENT TEAM CREATES BEST-IN-CLASS CONTENT, ASSETS, AND APPLICATIONS OF LEARNING WITH THE AIM OF IMPROVING THE LEADERSHIP PRACTICE OF PROGRAM PARTICIPANTS. THE NEW SITE DEVELOPMENT TEAM SUPPORTS EFFORTS TO REACH MANY MORE LEADERS BY PURSUING OPPORTUNITIES TO ENLIST SCHOOLS AND SCHOOL SYSTEMS ACROSS THE COUNTRY TO ENGAGE IN OUR PROGRAMMING WHILE SECURING EARNED REVENUE THAT ADVANCES THE ORGANIZATION'S FINANCIAL SUSTAINABILITY. 3393380 7039415 16015545 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 1 156 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 AL CA CO CT DC FL GA HI IL KY MA MD MI MN MS NC NJ NV NY OH PA RI TN VA WI X NOAH WEPMAN CFO 6467921070 30 WEST 26TH ST 10TH FLOOR NEW YORK NY 10010 TED COLBERT III BOARD CHAIR 1.00 X X 0 0 0 NAOMI O SELIGMAN BOARD VICE CHAIR 0.40 X X 0 0 0 JOSH LEWIS BOARD MEMBER 0.40 X 0 0 0 MIKE JOHNSTON BOARD MEMBER 0.40 X 0 0 0 MICHELE BOYERS BOARD MEMBER 0.40 X 0 0 0 JAN ROCK ZUBROW BOARD MEMBER 0.40 X 0 0 0 MARTY LIPPERT BOARD MEMBER 0.40 X 0 0 0 JONATHAN SCHNUR BOARD MEMBER 0.40 X 0 0 0 TRIPP JONES BOARD MEMBER 0.40 X 0 0 0 LINNEA ROBERTS BOARD MEMBER 0.40 X 0 0 0 BARBARA HYDE BOARD MEMBER 0.40 X 0 0 0 BILLY CAMPBELL BOARD MEMBER 0.40 X 0 0 0 JEAN DESRAVINES CEO & BOARD MEMBER 40.00 X X 536917 0 34851 NOAH WEPMAN CHIEF FINANCIAL & GROWTH OFFICER 40.00 X 278088 0 35967 LAURA KADETSKY SECY/CLERK, CAO & GEN COUNSEL 40.00 X 295445 0 35784 SONIA BEATTY CHIEF OF STAFF TO CEO AND TALENT OFFICER 40.00 X 286298 0 36100 JACQUELINE GRAN CHIEF POLICY & EVALUATION OFFICER 40.00 X 221234 0 33787 JOHN JENKINS DEPUTY CHIEF OFFICER, PROGRAM IMPLEMENTATION 40.00 X 248622 0 15690 CLAUDIA ALFARO NAT'L SEN E.D., NEW SITE DEVELOPMENT 40.00 X 220115 0 23454 K MIATA FULLER E.D., ORGANIZATIONAL DEVELOPMENT & INTEGRATION 40.00 X 200641 0 16101 MARIA ESPONDA-MEDINA E.D., ORGANIZATIONAL DEVELOPMENT & INTEGRATION 40.00 X 194560 0 35061 WENDY PERDOMO E.D., PROFESSIONAL DEVELOPMENT & TRAINING 40.00 X 185938 0 10020 DENISE DENNIS SENIOR E.D., PROGRAM IMPLEMENTATION 40.00 X 170300 0 9885 2838158 0 286700 65 0 1 0 ERNST & YOUNG LLP 200 PLAZA DRIVE SECAUCUS NJ 07094 STRATEGY CONSULTANT 232876 SPITFIRE STRATEGIES 2300 N STREET NW SUITE 610 WASHINGTON DC 20037 MARKETING AND COMMUNICTIONS CONSULTANT 179921 2 197154 18920277 19117431 POLICY & PRACTICE SERV 611710 7039415 7039415 7039415 310931 310931 193433 0 193433 193433 193433 26661210 7039415 0 504364 9000 9000 1662887 730333 932554 13580707 10453340 2266514 860853 341999 246335 73282 22382 2104470 1598467 373761 132242 996368 772987 173169 50212 100000 100000 66096 66096 22664 22664 1482300 772295 548089 161916 10009 10009 692514 189540 485096 17878 382657 16409 366248 651778 651778 1079253 958229 77718 43306 128672 125155 1763 1754 366812 366812 89909 89909 BAD DEBT EXPENSE 71422 71422 UNIVERSITY PARTNER COST 35000 35000 CURRICULUM MATERIALS 33186 31974 1159 53 MISCELLANEOUS 376 376 23908079 16015545 6601938 1290596 3190363 7543788 11058794 13408475 9830761 6832287 19425 204 334938 314650 1000535 568730 793996 431805 7968036 8399356 100015 91517 33296328 37022082 3728089 1397233 104099 66000 3240395 465343 310983 4297531 5014611 X 20184931 22642353 8813866 9365118 28998797 32007471 33296328 37022082 2753131 255543 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 80991 80991 23827088 23908079 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 102901 98735 89274 80991 371901 250000 250000 250000 250000 1000000 1500000 6431 165 6596 573850 223164 350686 426685 345566 81119 431805 DEFERRED RENT 293990 OTHER LIABILITIES 16993 310983 27540059 255543 645970 901513 26638546 22664 22664 26661210 24531385 645970 645970 23885415 22664 22664 23908079 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 INFORMATION WAS PUBLISHED THROUGH BROADCAST MEDIA (WEBSITE, EMAIL BLASTS, AND SIMILAR MEDIA) AVAILABLE IN EACH METROPOLITAN AREA THAT NEW LEADERS SERVES. SCHEDULE E, PART I, LINE 6 NEW LEADERS RECEIVED GRANTS FROM THE U.S. DEPARTMENT OF EDUCATION AND STATE SUPERINTENDENT OF EDUCATION (OSSE) AND RECEIVED PROGRAM SERVICE REVENUE FROM VARIOUS SCHOOL DISTRICTS. 1 STIPENDS 6 9000 PART I, LINE 2: A CONTRACT IS DRAWN UP WITH EACH STIPEND RECIPIENT AND SIGNED BY A SENIOR STAFF MEMBER FROM NEW LEADERS, INC. AND BY THE STIPEND RECIPIENT. THE CONTRACT CONTAINS IMPORTANT DETAILED INFORMATION INCLUDING TOTAL AMOUNT OF THE STIPEND, PURPOSE OF THE STIPEND, AND PAYMENT REQUIREMENTS. X X X X X 0 0 0 0 0 0 0 1 0 JEAN DESRAVINES CEO & BOARD MEMBER 417149 0 119768 0 0 0 5828 0 29023 0 571768 0 0 0 NOAH WEPMAN CHIEF FINANCIAL & GROWTH OFFICER 218688 0 59400 0 0 0 8195 0 27772 0 314055 0 0 0 LAURA KADETSKY SECY/CLERK, CAO & GEN COUNSEL 228772 0 66673 0 0 0 7688 0 28096 0 331229 0 0 0 SONIA BEATTY CHIEF OF STAFF TO CEO AND TALENT OFF 223751 0 62547 0 0 0 7077 0 29023 0 322398 0 0 0 JACQUELINE GRAN CHIEF POLICY & EVALUATION OFFICER 164973 0 56261 0 0 0 4764 0 29023 0 255021 0 0 0 JOHN JENKINS DEPUTY CHIEF OFFICER, PROGRAM IMPLEM 203622 0 45000 0 0 0 5033 0 10657 0 264312 0 0 0 CLAUDIA ALFARO NAT'L SEN E.D., NEW SITE DEVELOPMENT 186333 0 33782 0 0 0 3754 0 19700 0 243569 0 0 0 K MIATA FULLER E.D., ORGANIZATIONAL DEVELOPMENT & I 169981 0 30660 0 0 0 6081 0 10020 0 216742 0 0 0 MARIA ESPONDA-MEDINA E.D., ORGANIZATIONAL DEVELOPMENT & I 162692 0 31868 0 0 0 6038 0 29023 0 229621 0 0 0 WENDY PERDOMO E.D., PROFESSIONAL DEVELOPMENT & TRA 157399 0 28539 0 0 0 0 0 10020 0 195958 0 0 0 DENISE DENNIS SENIOR E.D., PROGRAM IMPLEMENTATION 144844 0 25456 0 0 0 0 0 9885 0 180185 0 0 0 PART I, LINE 7 NON-FIXED PAYMENTS, IN THE FORM OF BONUSES, WERE PAID DURING THE YEAR AND ARE REPORTED ON SCHEDULE J, PART II. ALL BONUSES WERE DETERMINED AND APPROVED ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 (ALONG WITH AUDITED FINANCIAL STATEMENTS) IS REVIEWED BY ALL VOTING MEMBERS OF THE ORGANIZATION'S GOVERNING BODY AND BY THE OFFICERS OF THE ORGANIZATION BEFORE FILING. SPECIFICALLY, UPON COMPLETION OF THE ANNUAL AUDIT, A DRAFT OF THE FORM 990, WITH THE AUDITED FINANCIAL STATEMENTS AS APPROVED BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS, IS PRESENTED TO THE FULL BOARD OF DIRECTORS IN ELECTRONIC COPY FOR REVIEW. FURTHER, THE DRAFT FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO PRESENTED IN ELECTRONIC FORM TO THE OFFICERS OF THE ORGANIZATION FOR REVIEW. ONCE THIS REVIEW IS COMPLETED, THE FORM 990 IS FILED WITH FEDERAL AND STATE GOVERNMENTS, ALONG WITH COPIES OF THE FINAL AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C NEW LEADERS HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS INCLUDED IN THE EMPLOYEE POLICIES MANUAL AND FISCAL POLICIES AND PROCEDURES MANUAL, POSTED ON THE INTERNAL WEBSITE, AND INCLUDED IN BOARD ORIENTATION MATERIALS. BOARD MEMBERS, OFFICERS, AND MANAGEMENT (EXECUTIVE-LEVEL) EMPLOYEES ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY AT LEAST ANNUALLY, AS WELL AS UPON ANY REVISION THERETO, AND ARE REQUIRED AT LEAST ANNUALLY TO SIGN A DOCUMENT CERTIFYING THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY AND AGREE TO COMPLY WITH IT. THE BOARD CURRENTLY MANDATES THAT ALL EXECUTIVE-LEVEL EMPLOYEES AND BOARD MEMBERS ANNUALLY COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE AND DISCLOSE POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT IS DISCLOSED AT ANY TIME, THE BOARD, OR THE RELEVANT COMMITTEE THEREOF, WILL REVIEW THE MATERIAL FACTS AND CIRCUMSTANCES. IF IT IS DETERMINED THAT A CONFLICT DOES EXIST, THE BOARD WILL DETERMINE WHETHER THE TRANSACTION AT ISSUE MAY BE OBTAINED WITH REASONABLE EFFORTS VIA AN ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OR, IF THAT IS NOT REASONABLY POSSIBLE, WHETHER THE ORIGINAL TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION, FOR ITS OWN BUSINESS, AND FAIR AND REASONABLE. THE INTERESTED PERSON DOES NOT PARTICIPATE IN ANY VOTE OR DISCUSSION ON THIS MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES A DETAILED JOB LADDER WITH POSITION LEVELS, SALARY RANGES, AND JOB REQUIREMENTS THAT ARE BENCHMARKED AGAINST COMPARABLE NON-PROFIT ORGANIZATIONS. ALL EMPLOYEES ARE GIVEN ANNUAL PERFORMANCE REVIEWS, AND SALARY INCREASES ARE APPROVED BY AN OFFICER. THE COMPENSATION OF THE CEO, AND THE CEO'S RECOMMENDATIONS FOR COMPENSATION OF THE OTHER OFFICERS ARE REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD AND REVIEWED AND APPROVED BY ALL INDEPENDENT MEMBERS OF THE FULL BOARD. AS PART OF THE BOARD'S REVIEW THEY GIVE CONSIDERATION TO COMPENSATION STUDIES AND SURVEYS, COMPARISON INFORMATION FROM OTHER NONPROFIT ORGANIZATIONS OBTAINED FROM FORMS 990 AND OTHER SOURCES, AND HISTORICAL SALARY INFORMATION. THIS PROCESS IS COMPLETED ON AN ANNUAL BASIS. IN SELECT YEARS, THE ORGANIZATION RETAINED AN INDEPENDENT COMPENSATION CONSULTANT THAT PROVIDED INFORMATION TO THE COMPENSATION COMMITTEE AND THE BOARD AS PART OF THEIR REVIEW OF THE CEO'S COMPENSATION AND THE CEO'S RECOMMENDATIONS FOR COMPENSATION OF THE OTHER OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 NEW LEADERS HAS A POLICY TO PROVIDE WITHIN A REASONABLE PERIOD OF TIME THE DOCUMENTS LISTED BELOW TO ANY PERSON OR ORGANIZATION THAT REQUESTS THEM WHETHER IN WRITING OR IN PERSON. - FEDERAL EXEMPTION APPLICATION WITH SUPPORTING DOCUMENTS, INCLUDING ARTICLES OF INCORPORATION AND BYLAWS - IRS DETERMINATION LETTER - BOARD OF DIRECTORS MEMBERSHIP - LEADERSHIP TEAM MEMBERSHIP - FEDERAL FORM 990 - AUDITED FINANCIAL STATEMENTS - NON-DISCRIMINATION POLICY - DRUG-FREE WORKFORCE POLICY - CONFLICT OF INTEREST POLICY