2015-02-12T14:07:22-06:00 2014-06-30 131459550 WEISERMAZARS LLP 135 WEST 50TH STREET NEW YORK NY 10020 990 2013-07-01 043519203 NEW LEADERS INC NEWL 6467921070 30 WEST 26TH STREET NO 9TH FL NEW YORK NY 10010 JEAN DESRAVINES CEO 6467921070 2015-02-11 1 MITCHELL LEWIS P00663706 2128127000 2013 2016-03-07 17:11:31Z JEAN DESRAVINES 30 WEST 26TH STREET NEW YORK NY 10010 33565577 0 X WWW.NEWLEADERS.ORG X 2000 MA SEE SCHEDULE O 12 11 214 15 0 0 26099848 27914920 3603809 5537531 609 1870 1792785 40175 31497051 33494496 36280 33600 0 0 19680867 19925867 8291 0 2147053 8741846 7471412 28467284 27430879 3029767 6063617 15642540 21068731 5311959 4674533 10330581 16394198 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. 1 0 7474197 33600 RESIDENCY PROGRAM (ASPIRING PRINCIPALS PROGRAM)THE CORE OF THE NEW LEADERS' ASPIRING PRINCIPALS PROGRAM IS A YEAR-LONG, FULL-TIME, PAID RESIDENCY IN AN URBAN PUBLIC SCHOOL WHERE THE PROGRAM PARTICIPANT WORKS ALONGSIDE A MENTOR PRINCIPAL. SIMULTANEOUSLY, PROGRAM PARTICIPANTS RECEIVE ONGOING TRAINING FROM NEW LEADERS THROUGH A SUMMER INSTITUTE AND REGULAR SEMINARS AND TRAINING SESSIONS THROUGHOUT THE SCHOOL YEAR. PROGRAM 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 PROGRAM PARTICIPANTS TO BECOME HIGHLY-EFFECTIVE SCHOOL LEADERS IN URBAN PUBLIC SCHOOLS THAT PROMOTE HIGH EXPECTATIONS FOR AND DELIVER HIGH LEVELS OF STUDENT ACHIEVEMENT AND THAT EQUIP EVERY STUDENT WITH THE ACADEMIC AND PERSONAL SKILLS NEEDED TO GRADUATE FROM HIGH SCHOOL READY FOR SUCCESS IN COLLEGE, CAREERS, AND CITIZENSHIP. THROUGH THIS PROGRAM, IN THE 2013-14 SCHOOL YEAR, NEW LEADERS DELIVERED RIGOROUS CURRICULUM, TRAINING, AND SUPPORT EXPERIENCES TO 96 PROGRAM PARTICIPANTS IN 9 PROGRAM SITES SERVING APPROXIMATELY 21,250 STUDENTS. 4044531 EMERGING LEADERS PROGRAMTHE EMERGING LEADERS PROGRAM IS A SCHOOL LEADERSHIP PROFESSIONAL DEVELOPMENT PROGRAM FOR EDUCATORS ON THE WAY TO PRINCIPAL TRAINING. THE EMERGING LEADERS PROGRAM STRENGTHENS THE LEADERSHIP SKILLS OF TALENTED TEACHERS, COACHES, AND ASSISTANT PRINCIPALS WORKING IN URBAN PUBLIC SCHOOLS, PUTTING PARTICIPANTS ON THE PATHWAY TO THE PRINCIPALSHIP WHILE BUILDING LEADERS' CAPACITY ACROSS A SYSTEM. IN THE 2013-14 SCHOOL YEAR, THE EMERGING LEADERS PROGRAM BEGAN WITH OVER 410 EDUCATORS SERVING APPROXIMATELY 41,000 STUDENTS. THE EMERGING LEADERS PROGRAM ALSO SERVES AS AN ADMISSION PATHWAY TO NEW LEADERS' ASPIRING PRINCIPALS PROGRAM. 63 MEMBERS OF THE THIRD COHORT OF EMERGING LEADERS MATRICULATED INTO THE ASPIRING PRINCIPALS PROGRAM FOR THE FOLLOWING YEAR. 2057733 THE LEADERSHIP PRACTIVE IMPROVEMENT (LPI) PROGRAMTHE LEADERSHIP PRACTICE IMPROVEMENT (LPI) PROGRAM IS A PROFESSIONAL DEVELOPMENT PROGRAM THAT TRANSFORMS SCHOOLS BY TRAINING PRINCIPALS AND THEIR SCHOOL TEAMS TOGETHER, IN THE SCHOOL BUILDING, SO THAT THE ENTIRE SCHOOL COMMUNITY IS WORKING TOGETHER TO SUPPORT STUDENT SUCCESS. THIS APPROACH EMBEDS LESSONS INTO THE DAILY LIFE OF THE SCHOOL AND ENABLES PARTICIPANTS TO GET TO IMPACT QUICKLY, THROUGH COLLABORATION AND BY MOTIVATING ONE ANOTHER TO PUT WHAT THEY'RE LEARNING INTO PRACTICE AND MAKE REAL-TIME ADJUSTMENTS TO ADVANCE TEAM GOALS. ALL CONTENT BUILDS SKILLS IN FOUR CORE LEADERSHIP DOMAINS PROVEN TO DRIVE LEARNING GAINS. EXPERT ADVISORS PROVIDE ONGOING GUIDANCE AND MEANINGFUL FEEDBACK TO IMPROVE PARTICIPANTS' PRACTICE. OUR SOPHISTICATED BLENDED LEARNING PLATFORM PAIRS SELF-PACED STUDY WITH TARGETED COACHING. OVER THE COURSE OF A YEAR, LPI GUIDES INSTRUCTIONAL LEADERSHIP TEAMS TO BUILD CRITICAL SKILLS TO: (1) SET A TEAM PURPOSE, DEVELOP SCHOOL-WIDE GOALS, AND CREATE AN ACTION PLAN TO ACHIEVE THE GOALS. (2) MONITOR ACTION PLANS, USE DATA TO TRACK PROGRESS TO GOALS, AND ADJUST PLANS IN RESPONSE TO DATA. (3) COACH TEACHERS TO IMPROVE INSTRUCTION BASED ON AN ANALYSIS OF OBSERVATION, AND BOTH CLASSROOM- LEVEL AND STUDENT-LEVEL DATA. (4) DEMONSTRATE THE PRACTICES OF A HIGH-PERFORMING TEAM TO BUILD SUSTAINABLE CHANGE.TO IMPROVE IN THESE SKILLS, TEAM MEMBERS AND PRINCIPALS PRACTICE PARTICULAR LEADERSHIP ACTIONS IN THE FOUR LEADERSHIP DOMAINS OF BUILDING EFFICACY; GOAL SETTING, ANALYSIS, ACTION PLANNING; IMPLEMENTING PLANS AND BUILDING AN EFFECTIVE LEADERSHIP TEAM. EACH SCHOOL WORKS WITH A NEW LEADERS ADVISOR TO GUIDE THEM THROUGH THE PROGRAM, PROVIDE FEEDBACK ON JOB-EMBEDDED ASSIGNMENTS, AND SCORES AGAINST A LEADERSHIP MAP WHICH MEASURES THEIR PROFICIENCY IN EACH OF THE LEADERSHIP DOMAINS. 7211419 5537531 SCHOOL SUPPORT PROGRAM (ASPIRING PRINCIPALS PROGRAM/PRINCIPAL INSTITUTE)FOR PROGRAM PARTICIPANTS WHO COMPLETE THE ASPIRING PRINCIPALS PROGRAM AND ACCEPT LEADERSHIP POSITIONS IN URBAN PUBLIC SCHOOLS, NEW LEADERS PROVIDES SUPPORT THROUGH ITS PRINCIPAL INSTITUTE, A PROFESSIONAL LEARNING COMMUNITY. IN THE YEAR ENDING JUNE 30, 2014, PRINCIPAL INSTITUTE INCLUDED 53 PRINCIPALS SERVING APPROXIMATELY 26,500 STUDENTS. THE PRINCIPAL INSTITUTE INCLUDES GUIDANCE IN DEVELOPING AN ENTRY PLAN FOR THE NEW SCHOOL LEADER AND PROVIDES SUBSTANTIAL PROFESSIONAL DEVELOPMENT AND SUPPORT IN THE CRUCIAL EARLY YEARS ON THE JOB. THROUGH NEW LEADERS' CITY PROGRAM OFFICES, NEW LEADERS PRINCIPALS AND ASSISTANT PRINCIPALS HAD ACCESS TO ONGOING PROFESSIONAL DEVELOPMENT WORKSHOPS, CONSULTATIONS WITH EXPERT STAFF, OPPORTUNITIES TO PARTICIPATE IN SMALL-GROUP LEARNING AND LEADERSHIP DEVELOPMENT EXPERIENCES, AND INVITATIONS TO NETWORKING AND SOCIAL EVENTS. THEY ALSO HAD ACCESS TO HIGH-QUALITY, NATIONALLY-PROVIDED RESOURCES INCLUDING THE URBAN EXCELLENCE FRAMEWORK ("UEF") FIELD GUIDE; UEF-ALIGNED TOOLS, ARTIFACTS, AND RESOURCES; SCHOOL-WIDE DIAGNOSTIC TOOLS AND ACTION PLANNING FRAMEWORKS; ONLINE ACCESS TO KEY CURRICULUM AND COURSE MATERIALS; THE EPIC KNOWLEDGE SYSTEM; AND INVITATIONS TO PERIODIC NATIONAL PROFESSIONAL DEVELOPMENT EVENTS.RESIDENT SELECTION PROGRAM: THE NATIONAL RECRUITMENT AND SELECTION PROGRAM FOR THE NEW LEADERS ASPIRING PRINCIPALS PROGRAM LED TO THE ACCEPTANCE OF 22 NEW RESIDENTS FOR THE FOLLOWING SCHOOL YEAR BASED ON RIGOROUS SELECTION CRITERIA. NEW LEADERS AGGRESSIVELY RECRUITED CANDIDATES WHO HAD K-12 INSTRUCTIONAL EXPERTISE, EXCEPTIONAL ADULT LEADERSHIP AND MANAGEMENT SKILLS, AND AN UNYIELDING BELIEF THAT ALL STUDENTS CAN AND WILL ACHIEVE AT HIGH LEVELS. 479 PEOPLE APPLIED TO THE ASPIRING PRINCIPALS PROGRAM THROUGH THIS NATIONAL PROCESS.POLICY AND PRACTICE SERVICES: NEW LEADERS ALSO OFFERS THE FOLLOWING SERVICES: (1) LEADERSHIP DEVELOPMENT SERVICES, WHICH ARE HIGH-QUALITY LEADERSHIP DEVELOPMENT FOR SITTING SCHOOL LEADERS IN SCHOOL DISTRICTS AND CHARTER MANAGEMENT ORGANIZATIONS (CMOS); (2) POLICY AND PRACTICE SERVICES, WHICH ARE CONSULTING SERVICES REGARDING LEADERSHIP POLICY AND PRACTICE DEVELOPMENT FOR SCHOOL DISTRICTS, CMOS, AND STATE DEPARTMENTS OF EDUCATION THAT PROVIDE THE MANAGEMENT AND SUPPORT THAT PRINCIPALS NEED TO IMPROVE SCHOOL PERFORMANCE; AND (3) PRINCIPAL SUPERVISOR SUPPORT, WHICH INCLUDES TRAINING ON PRINCIPAL EVALUATION, PRINCIPAL SUPERVISOR ROLE DEFINITION, COMMUNITIES OF PRACTICE AND 1:1 COACHING TO HELP PRINCIPAL SUPERVISORS MANAGE AND SUPPORT PRINCIPALS TO IMPROVE SCHOOL AND STUDENT PERFORMANCE. 7211419 5537531 20787880 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 76 0 214 1 0 0 0 0 0 1 1 0 0 0 0 X 12 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CA CO CT DC HI MD MA MS NJ NY NC OH PA TN WI IL VA X X X DENIS THOMPSON EXEC DIRECTOR OF FINANCIAL OPERATIONS 6467921070 30 WEST 26TH STREET 9TH FLOOR NEW YORK NY 10010 JEAN DESRAVINES CEO & BOARD MEMBER 40.00 X X 397967 0 27203 JOSH BEKENSTEIN BOARD MEMBER 0.40 X 0 0 0 CHRIS CHADWICK EFFECT 072013 BOARD CHAIR 0.40 X X 0 0 0 BARBARA HYDE BOARD MEMBER 0.40 X 0 0 0 MIKE JOHNSTON BOARD MEMBER 0.40 X 0 0 0 TRIPP JONES EFFECTIVE 062013 BOARD MEMBER 0.40 X 0 0 0 JOSH LEWIS BOARD MEMBER 0.40 X 0 0 0 MARTY LIPPERT EFFECTIVE 092013 BOARD MEMBER 0.40 X 0 0 0 LINNEA ROBERTS BOARD MEMBER 0.40 X 0 0 0 JONATHAN SCHNUR BOARD MEMBER 0.40 X 0 0 0 NAOMI O SELIGMAN BOARD MEMBER 0.40 X X 0 0 0 JAN ROCK ZUBROW BOARD MEMBER 0.40 X 0 0 0 JAY ALTMAN LEFT BOARD 102013 BOARD MEMBER 0.40 X 0 0 0 TED MITCHELL UNTIL 032014 BOARD CHAIR 0.40 X X 0 0 0 BENJAMIN FENTON CHIEF STRATEGY & KNOWLEDGE OFFICER 40.00 X 214261 0 25772 DIANNE HOUGHTON CHIEF OPERATING OFFICER 40.00 X 236796 0 5279 LAURA KADETSKY SECY/CLERK & GENERAL COUNSEL 40.00 X 218762 0 19810 STEPHANIE MORIMOTO CHIEF EXTERNAL RELATIONS OFFICER 40.00 X 230106 0 2100 JACQUELINE GRAN CHIEF POLICY & PARTNERSHIPS OFFICER 40.00 X 193771 0 11197 JENNIFER HENRY UNTIL 032014 CHIEF PROGRAM AND CITIES OFFICER 40.00 X 217499 0 27721 MICHELLE HALLERDIN UNTIL 062014 CHIEF TALENT OFFICER 40.00 X 210869 0 11748 ANGELA VANDERPLOEG STARTED 062013 TREASURER/CHIEF FINANCIAL OFFICER 40.00 X 107650 0 12027 RECY DUNN UNTIL 012014 REGIONAL DIRECTOR 40.00 X 185281 0 21096 BENJAMIN FLORMAN SR. 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MANAGEMENT HAS DETERMINED THAT NEW LEADERS HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. NEW LEADERS IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICITONS FOR PERIODS PRIOR TO JUNE 30, 2011. 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, THE MARYLAND DEPARTMENT OF EDUCATION AND VARIOUS SCHOOL DISTRICTS. 1 STIPENDS 21 33600 0 SCHEDULE I PART I LINE 2 A MEMORANDUM OF UNDERSTANDING (MOU) OR CONTRACT AGREEMENT IS DRAWN UP WITH EACH GRANTEE AND SIGNED BY A SENIOR STAFF MEMBER FROM BOTH NEW LEADERS, INC. AND THE GRANTEE. THE MOU OR CONTRACT AGREEMENT CONTAINS IMPORTANT DETAILED INFORMATION INCLUDING TOTAL AMOUNT OF THE GRANT AWARD, PURPOSE OF THE GRANT, HOW THE GRANT CAN BE SPENT, AND REPORTING/INVOICING REQUIREMENTS INCLUDING VERIFICATION AND BACKUP DOCUMENTATION REQUIREMENTS. PAYMENT IS MADE AFTER RECEIPT OF AN INVOICE FROM GRANTEE WITH DETAIL EXPLANATION OF SERVICES FULFILLED ALONG WITH BACKUP DOCUMENTATION. A PAYMENT REQUEST IS PROCESSED AND SIGNED BY THE SENIOR MANAGER OVERSEEING THE GRANT AT NEW LEADERS, INC. AND THE CONTROLLER AT NEW LEADERS, INC. ONCE THIS IS DONE, A CHECK IS PROCESSED AND PAYMENT IS SENT TO THE GRANTEE. X X X X 0 0 0 0 0 0 0 0 0 JEAN DESRAVINES CEO & BOARD MEMBER 356092 0 41875 0 0 0 5444 0 21759 0 425170 0 0 0 BENJAMIN FENTON CHIEF STRATEGY & KNOWLEDGE OFFICER 201961 0 12300 0 0 0 5381 0 20391 0 240033 0 0 0 DIANNE HOUGHTON CHIEF OPERATING OFFICER 219196 0 17600 0 0 0 4125 0 1154 0 242075 0 0 0 LAURA KADETSKY SECY/CLERK & GENERAL COUNSEL 202562 0 16200 0 0 0 5396 0 14414 0 238572 0 0 0 STEPHANIE MORIMOTO CHIEF EXTERNAL RELATIONS OFFICER 209106 0 21000 0 0 0 2100 0 0 0 232206 0 0 0 JACQUELINE GRAN CHIEF POLICY & PARTNERSHIPS OFFICER 179371 0 14400 0 0 0 4500 0 6697 0 204968 0 0 0 JENNIFER HENRY UNTIL 032014 CHIEF PROGRAM AND CITIES OFFICER 201099 0 16400 0 0 0 6642 0 21079 0 245220 0 0 0 MICHELLE HALLERDIN UNTIL 062014 CHIEF TALENT OFFICER 198869 0 12000 0 0 0 4860 0 6888 0 222617 0 0 0 ANGELA VANDERPLOEG STARTED 062013 TREASURER/CHIEF FINANCIAL OFFICER 107650 0 0 0 0 0 488 0 11539 0 119677 0 0 0 RECY DUNN UNTIL 012014 REGIONAL DIRECTOR 185281 0 0 0 0 0 0 0 21096 0 206377 0 0 0 BENJAMIN FLORMAN SR. ED OF TECH STRATAGIES 161550 0 5950 0 0 0 0 0 21130 0 188630 0 0 0 DENIS THOMPSON ED, FINANCIAL OPERATIONS 158097 0 9600 0 0 0 5088 0 14009 0 186794 0 0 0 MATTHEW KELEMEN ED, STATE SERVICES 155924 0 9000 0 0 0 5051 0 21674 0 191649 0 0 0 MARGUERITE BLINN ED, CHICAGO 151621 0 9135 0 0 0 3616 0 7262 0 171634 0 0 0 DARREN REED UNTIL 072014 ED, ASPIRING PRINCIPALS PROGRAM 148549 0 0 0 0 0 1647 0 21160 0 171356 0 0 0 KAREEM WEAVER ED, BAY AREA 134549 0 11200 0 0 0 0 0 21181 0 166930 0 0 0 BARBARA HYDE B0ARD MEMBER SEE BELOWTHE J.R. HYDE III FAMILY FOUNDATION (OF WHICH BARBARA HYDE IS A BOARD MEMBER) GUARANTEES THE COMPANY'S LINE OF CREDIT WITH A BANK. 0 X 2 27606 FAIR MARKET VALUE 0 0 0 FORM 990, PART I, LINE 1: 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. DURING THE 2013-14 SCHOOL YEAR, NEW LEADERS WORKED TOWARD ITS MISSION THROUGH ITS SIGNATURE PROGRAM CONTINUUM, WHICH PROVIDES A PATHWAY FOR CURRENT AND FORMER EDUCATORS TO BECOME OUTSTANDING PRINCIPALS OF URBAN PUBLIC SCHOOLS. THE PROGRAM CONTINUUM INCLUDES (1) THE EMERGING LEADERS PROGRAM, A SCHOOL LEADERSHIP PROFESSIONAL DEVELOPMENT PROGRAM FOR EDUCATORS BEFORE PRINCIPAL TRAINING; (2) THE ASPIRING PRINCIPALS PROGRAM, WHICH INCLUDES A RIGOROUS SELECTION PROCESS AND INTENSIVE TRAINING IN AN ONSITE RESIDENCY; AND (3) THE PRINCIPAL INSTITUTE, WHICH PROVIDES ONGOING SUPPORT THROUGH A PROFESSIONAL LEARNING COMMUNITY FOR FORMER PARTICIPANTS IN THE ASPIRING PRINCIPALS PROGRAM WHO ACCEPT LEADERSHIP POSITIONS IN URBAN PUBLIC SCHOOLS. NEW LEADERS' CORE PROGRAM OPERATED IN BALTIMORE, MD; CALIFORINIA'S BAY AREA; CHARLOTTE, NC; CHICAGO, IL; MEMPHIS, TN; GREATER NEW ORLEANS, LA; NEW YORK, NY; NEWARK, NJ; PRINCE GEORGE'S COUNTY, MD; AND WASHINGTON, D.C. FORM 990, PART III, LINE 2 NEW LEADERS STARTED A NEW PROGRAM CALLED LEADERSHIP PRACTICE IMPROVEMENT (LPI) IN THIS FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 2 TED MITCHELL, FORMER DIRECTOR, WAS ALSO DIRECTOR OF PARCHMENT INC. JOSH BEKENSTEIN, DIRECTOR AND TRIPP JONES, DIRECTOR ARE CHAIR OF THE BOARD AND MANAGING DIRECTOR OF NEW PROFIT, INC., RESPECTIVELY. JOSH LEWIS, DIRECTOR, IS ALSO DIRECTOR OF PARCHMENT INC. FORM 990, PART VI, SECTION B, LINE 11 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 TO PAY ALL EMPLOYEES, INCLUDING THE CEO, OFFICERS, TOP MANAGEMENT OFFICIALS, AND OTHER KEY EMPLOYEES. POSITION LEVELS AND SALARY RANGES 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 IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DRECTORS AND REVIEWED AND APPROVED BY ALL INDEPENDENT MEMBERS OF THE FULL BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND ALL INDEPENDENT MEMBERS OF THE FULL BOARD OF DIRECTORS ALSO REVIEW THE CEO'S RECOMMENDATIONS FOR COMPENSATION OF OTHER OFFICERS OF THE ORGANIZATION. IN THE REVIEWS OF THE CEO'S AND OTHER OFFICERS' COMPENSATION, THE BOARD GIVES CONSIDERATION TO COMPENSATION STUDIES AND SURVEYS, COMPARISON INFORMATION FROM OTHER NONROFIT ORGANIZATIONS OBTAINED FROM FORMS 990 AND OTHER SOURCES, AND HISTORICAL SALARY INFORMATION. THIS PROCESS IS COMPLETED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 18 THESE DOCUMENTS ARE POSTED AND ACCESSIBLE ON THE WEBSITE WWW.NEWLEADERS.ORG: - IRS DETERMINATION LETTER - BOARD OF DIRECTORS MEMBERSHIP - LEADERSHIP TEAM MEMBERSHIP - FEDERAL FORM 990 - AUDITED FINANCIAL STATEMENTS - NON-DISCRINATION POLICY THE FOLLOWING DOCUMENTS ARE POSTED AND ACCESSIBLE ON THE WEBSITE WWW.GUIDESTAR.ORG: - FEDERAL FORM 990 FORM 990, PART VI, SECTION C, LINE 19 NEW LEADERS HAS A POLICY TO PROVIDE WITHIN A REASONALBLE 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 FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 1,436,982. MANAGEMENT AND GENERAL EXPENSES 138,629. FUNDRAISING EXPENSES 4,635. TOTAL EXPENSES 1,580,246. CONSULTANTS - FOUNDATIONS/SEMINARS: PROGRAM SERVICE EXPENSES 340,230. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 340,230. SUNDRY: PROGRAM SERVICE EXPENSES 32,342. MANAGEMENT AND GENERAL EXPENSES 132,238. FUNDRAISING EXPENSES 591. TOTAL EXPENSES 165,171.