2014-03-03T09:34:19-06:00 2013-06-30 271728945 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2012-07-01 043519203 NEW LEADERS INC NEWL 6467921070 30 WEST 26TH STREET NO 9TH FL NEW YORK NY 10010 JEAN DESRAVINES 6467921070 2014-02-07 1 GARRETT M HIGGINS P00543209 2122862600 2014-02-26 2012 2015-11-30 17:44:51Z JEAN DESRAVINES 30 WEST 26TH STREET NO 9TH FL NEW YORK NY 10010 31616222 0 X WWW.NEWLEADERS.ORG X 2000 MA SEE SCHEDULE O 13 12 231 11 0 0 31384721 26099848 2509165 3603809 118 609 30101 1792785 33924105 31497051 3085746 36280 0 0 19121387 19680867 18250 8291 2460012 12309798 8741846 34535181 28467284 -611076 3029767 18680054 15642540 11471144 5311959 7208910 10330581 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 1 8448971 33780 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 2012-13 SCHOOL YEAR, NEW LEADERS DELIVERED RIGOROUS CURRICULUM, TRAINING, AND SUPPORT EXPERIENCES TO 90 PROGRAM PARTICIPANTS IN ELEVEN PROGRAM SITES SERVING APPROXIMATELY 22,500 STUDENTS. 3288816 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 2012-13 SCHOOL YEAR, THE EMERGING LEADERS PROGRAM BEGAN WITH OVER 419 EDUCATORS SERVING APPROXIMATELY 41,900 STUDENTS. THE EMERGING LEADERS PROGRAM ALSO SERVES AS AN ADMISSION PATHWAY TO NEW LEADERS' ASPIRING PRINCIPALS PROGRAM. 79 MEMBERS OF THE SECOND COHORT OF EMERGING LEADERS MATRICULATED INTO THE ASPIRING PRINCIPALS PROGRAM FOR THE FOLLOWING YEAR. 2688919 2500 EPIC PROGRAMEPIC, THE EFFECTIVE PRACTICE INCENTIVE COMMUNITY, PROVIDES NEW LEADERS AND ITS PARTNERS THE OPPORTUNITY TO LEARN FROM EDUCATORS DRIVING GAINS IN HIGH-NEED URBAN SCHOOLS. NEW LEADERS ESTABLISHED EPIC IN 2006 TO LINK PRINCIPAL AND TEACHER INCENTIVE PAY TO THE WIDE-SCALE SHARING OF EFFECTIVE EDUCATIONAL PRACTICES. THE PROGRAM IDENTIFIES SCHOOLS DRIVING SIGNIFICANT ACHIEVEMENT GAINS AND FINANCIALLY REWARDS THE PRINCIPALS, ASSISTANT PRINCIPALS, TEACHERS, AND OTHER STAFF IN THOSE SCHOOLS IN EXCHANGE FOR SHARING THE EFFECTIVE PRACTICES THAT HAVE CONTRIBUTED TO THE GAINS. AFTER DISTRIBUTING FINANCIAL AWARDS TO ELIGIBLE EMPLOYEES IN A PARTICULAR SCHOOL, EPIC WORKS TO IDENTIFY THE EFFECTIVE PRACTICES THAT LED TO STUDENT ACHIEVEMENT GAINS AND THEN DEVELOPS A CASE STUDY OR PROFILE OF THAT SCHOOL PRACTICE. THE PRIMARY COMPONENTS OF EPIC ARE (1) THE DEVELOPMENT OF VALUE-ADDED MODELS FOR ANALYZING STUDENT ACHIEVEMENT DATA TO IDENTIFY SCHOOLS MAKING THE GREATEST GAINS; (2) THE RECOGNITION AND REWARDING OF SCHOOL LEADERS, TEACHERS, AND STAFF IN HIGH-GAIN SCHOOLS FOR SHARING THEIR EFFECTIVE PRACTICES AND STRATEGIES WITH OTHER SCHOOLS; AND (3) THE CREATION OF COMPREHENSIVE CASE STUDIES THAT ARE SHARED WITH A BROAD NETWORK OF SCHOOLS AND EDUCATORS THROUGH AN INNOVATIVE ONLINE PLATFORM CALLED THE EPIC KNOWLEDGE SYSTEM. IN THE YEAR ENDING JUNE 30, 2013, EPIC IDENTIFIED 26 AWARD-WINNING SCHOOLS ACROSS ITS THREE PARTNERSHIP PROGRAMS AND OFFERED EDUCATOR INCENTIVE AWARDS TO OVER 900 SCHOOL LEADERS, TEACHERS, INSTRUCTIONAL STAFF, AND SCHOOL EMPLOYEES IN THE DISTRICT OF COLUMBIA PUBLIC SCHOOLS, THE MEMPHIS CITY SCHOOLS, AND THE NATIONAL CHARTER SCHOOL CONSORTIUM. 6151929 3603809 OTHER PROGRAM SERVICES: 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, 2013, PRINCIPAL INSTITUTE INCLUDED 49 PRINCIPALS SERVING APPROXIMATELY 42,000 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 HAVE 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 33 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. 783 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); AND (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. 6151929 3603809 20578635 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 865 0 231 1 0 0 0 0 0 1 1 0 0 0 0 X 13 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 CA CO CT DC IL LA MA MD MS NC NJ NY OH PA TN WI HI X X X DENIS THOMPSON EXEC DIRECTOR OF FI 6467921070 30 WEST 26TH STREET 9TH FLOOR NEW YORK NY 10010 JEAN DESRAVINES 40.00 X X 306549 0 25613 JAY ALTMAN 0.40 X 0 0 0 JOSH BEKENSTEIN 0.40 X 0 0 0 CHRISTOPHER CHADWICK 0.40 X 0 0 0 BARBARA HYDE 0.40 X 0 0 0 MIKE JOHNSTON 0.40 X 0 0 0 JOSH LEWIS 0.40 X 0 0 0 TED MITCHELL 0.40 X X 0 0 0 JOHNATHAN SCHNUR 0.40 X 33600 0 0 NAOMI O SELIGMAN 0.40 X 0 0 0 JAN ROCK ZUBROW 0.40 X 0 0 0 LINNEA ROBERTS 0.40 X 0 0 0 TRIPP JONES 0.40 X 0 0 0 BENJAMIN FENTON 40.00 X 204086 0 14513 DIANNE HOUGHTON 40.00 X 274996 0 4888 LAURA KADETSKY 40.00 X 194543 0 19480 DAVID KUIZENGA 40.00 X 155878 0 8528 STEPHANIE MORIMOTO 40.00 X 210000 0 2481 JAQUELINE GRAN 40.00 X 179371 0 10369 JENNIFER HENRY 40.00 X 195985 0 25935 ADEN BLISS 40.00 X 99148 0 9679 MICHELLE HALLERDIN 40.00 X 64522 0 2659 ANGELA VANDERPLOEG 40.00 X 0 0 0 LEANNE SHIMABUKURO 40.00 X 159530 0 19904 JOHN LENT 40.00 X 201747 0 23780 SHANE MULHERN 40.00 X 144585 0 7922 JANICE CRAWFORD 40.00 X 150869 0 11312 MARGUERITE BLINN 40.00 X 148600 0 10165 MARC ETIENNE 40.00 X 146258 0 24619 DENIS THOMPSON 40.00 X 153275 0 18745 3023542 0 240592 40 0 1 0 RAND CORPORATION FILE 53174 LOS ANGELES CA 90074 EVALUATION CONSULTANT 397689 NEW SCHOOLS VENTURE FUND 1970 BROADWAY STREET SUITE 350 OAKLAND CA 94612 PROGRAM CONSULTANT 225000 VITAL SOURCE TECHNOLOGY INC 200 PORTLAND STREET SUITE 201 BOSTON MA 02114 PROGRAM CONSULTANT 186789 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 AUDITING AND TAX SERVICES 131452 JOHN-HOPKINS UNIVERSITY 2701 NORTH CHARLES STREET SUITE 30 BALTIMORE MD 21218 PROGRAM CONSULTANT 127575 7 3500 9711602 16384746 76962 26099848 POLICY & PRACTICE SERV 900099 3603809 3603809 3603809 609 609 1750000 1750000 83226 73319 9907 9907 9907 30530 30530 0 0 47900 3500 15322 32578 32578 PROGRAM WITHDRAWAL RFD 900099 300 300 300 31497051 3603809 0 1793394 X 36280 36280 2310829 1401603 720746 188480 14276939 10530137 2085340 1661462 228493 190063 7753 30677 1704056 1212445 271533 220078 1160550 852447 175648 132455 28294 1102 27192 101332 101332 8291 8291 2925278 2590935 322994 11349 27746 15221 5032 7493 1617428 1007476 571732 38220 266300 71705 178901 15694 1447755 892467 458931 96357 463007 354235 69024 39748 840517 840517 220120 220120 314899 191837 115288 7774 87226 24395 61028 1803 UNIVERSITY PARTNER COST 242014 242014 CURRICULUM MATERIALS 124759 123756 872 131 BAD DEBT EXPENSE 35171 35171 28467284 20578635 5428637 2460012 2305924 4074633 16592 15394 14789588 10036414 20427 22865 467079 524814 4460253 3620006 956297 840247 124147 128173 18680054 15642540 4532454 2453156 206248 55300 3506433 1600000 3000000 1000000 226009 203503 11471144 5311959 X -2958563 3858758 10167473 6471823 7208910 10330581 18680054 15642540 X 3029767 91904 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10852 10852 25905707 25916559 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 32463 14084 10831 10852 68230 250000 250000 250000 250000 1000000 1500000 1447821 1194964 252857 2522050 2425042 97008 490382 490382 840247 DEFERRED RENT 189632 SECURITY DEPOSITS 13871 203503 X 33136623 1566253 73319 1639572 31497051 0 31497051 30014952 1566253 -18585 1547668 28467284 0 28467284 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: NEW LEADERS RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. 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 JURISDICTIONS FOR PERIODS PRIOR TO 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED IN PART VIII, LINE 6B 73,319. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED IN PART VIII, LINE 6B 73,319. GRANT REFUND -91,904. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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. NYC GALA 41450 41450 2875 4625 2857 CHICAGO GALA 9950 3500 6450 1025 1300 2000 640 51400 3500 47900 3900 5925 2000 3497 15322 32578 1 STIPENDS 37 36280 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: 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. PRINCIPAL AND TEACHER AWARDS ARE A PART OF THE EFFECTIVE PRACTICE INCENTIVE COMMUNITY PROGRAM. AWARDS ARE MADE TO OUTSTANDING PRINCIPALS, ASSISTANT PRINCIPALS, AND TEACHERS WHO SHOWED DRAMATIC GAINS IN STUDENT ACHIEVEMENT IN THEIR SCHOOLS, AND WHO WERE WILLING TO SHARE EFFECTIVE PRACTICES WITH A LARGER COMMUNITY OF EDUCATORS. X X X X 0 0 0 0 0 0 0 0 0 JEAN DESRAVINES 306549 0 0 0 0 0 5344 0 20269 0 332162 0 0 0 BENJAMIN FENTON 204086 0 0 0 0 0 5152 0 9361 0 218599 0 0 0 DIANNE HOUGHTON 219996 0 55000 0 0 0 4097 0 791 0 279884 0 0 0 LAURA KADETSKY 194543 0 0 0 0 0 5250 0 14230 0 214023 0 0 0 DAVID KUIZENGA 155878 0 0 0 0 0 0 0 8528 0 164406 0 0 0 STEPHANIE MORIMOTO 210000 0 0 0 0 0 2153 0 328 0 212481 0 0 0 JAQUELINE GRAN 179371 0 0 0 0 0 4325 0 6044 0 189740 0 0 0 JENNIFER HENRY 195985 0 0 0 0 0 5983 0 19952 0 221920 0 0 0 LEANNE SHIMABUKURO 159530 0 0 0 0 0 0 0 19904 0 179434 0 0 0 JOHN LENT 170877 0 30870 0 0 0 5788 0 17992 0 225527 0 0 0 SHANE MULHERN 144585 0 0 0 0 0 3729 0 4193 0 152507 0 0 0 JANICE CRAWFORD 150869 0 0 0 0 0 4560 0 6752 0 162181 0 0 0 MARGUERITE BLINN 148600 0 0 0 0 0 3525 0 6640 0 158765 0 0 0 MARC ETIENNE 146258 0 0 0 0 0 4525 0 20094 0 170877 0 0 0 DENIS THOMPSON 153275 0 0 0 0 0 4688 0 14057 0 172020 0 0 0 0 JOSH LEWIS DIRECTOR ON BOTH NEW LEADERS, INC. AND PEARSON EDUCATION, INC. 1750000 THE ORGANIZATION ENTERED INTO A LICENSE AGREEMENT WITH PEARSON EDUCATION, INC. 0 X 1 30530 FAIR MARKET VALUE X COMM. EQUIP. 1 46432 FAIR MARKET VALUE 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). ORGANIZATION MISSION STATEMENT 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 2012-13 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; CALIFORNIA'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, DC. DURING THE 2012-13 SCHOOL YEAR, NEW LEADERS ALSO RAN THE EFFECTIVE PRACTICE INCENTIVE COMMUNITY ("EPIC'), WHICH IDENTIFIES SCHOOL LEADERS AND TEACHERS WHO ARE MAKING SIGNIFICANT ACHIEVEMENT GAINS AND REWARDS THEM WITH FINANCIAL INCENTIVES IN EXCHANGE FOR SHARING THEIR PRACTICES WITH OTHER EDUCATORS THROUGH THE ONLINE EPIC KNOWLEDGE SYSTEM. FINALLY, THROUGH NEW LEADERS' TEN-PLUS YEARS OF PROGRAM EXPERIENCE AND RESEARCH IN MULTIPLE SYSTEMS ACROSS THE COUNTRY, IT HAS DEVELOPED EXPERTISE ABOUT THE KIND OF LEADERSHIP DEVELOPMENT THAT DRIVES REAL RESULTS FOR STUDENTS, AS WELL AS THE MOST EFFECTIVE LEADERSHIP POLICIES AND PRACTICES AT THE STATE AND LOCAL LEVEL. BASED ON THIS KNOWLEDGE, NEW LEADERS ALSO OFFERED (1) LEADERSHIP DEVELOPMENT SERVICES, WHICH ARE HIGH-QUALITY LEADERSHIP DEVELOPMENT FOR SITTING SCHOOL LEADERS IN SCHOOL DISTRICTS AND CHARTER MANAGEMENT ORGANIZATIONS (CMOS)AND (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. CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 THE FEDERAL GRANTS SUPPORTING THE EPIC PROGRAM WERE SCHEDULED TO CONCLUDE AS OF SEPTEMBER 30, 2012. THE ORGANIZATION THEREFORE CEASED OPERATION OF THE EPIC PROGRAM DURING THE TAX YEAR AS PLANNED. FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS WITH BUSINESS RELATIONSHIPS: TED MITCHELL, DIRECTOR AND JOSH LEWIS, DIRECTOR ARE DIRECTORS OF PARCHMENT INC. JOSH BEKENSTEIN, DIRECTOR AND TRIPP JONES, DIRECTOR ARE CHAIR OF THE BOARD AND MANAGING DIRECTOR OF NEW PROFIT, INC., RESPECTIVELY. 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, BOUND 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 DIRECTORS 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 NONPROFIT 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 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 THESE DOCUMENTS ARE ALSO 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-DISCRIMINATION POLICY THE FOLLOWING DOCUMENTS ARE POSTED AND ACCESSIBLE ON THE WEBSITE WWW.GUIDESTAR.ORG: - FEDERAL FORM 990 OTHER FEES FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 1,924,189. MANAGEMENT AND GENERAL EXPENSES 123,704. FUNDRAISING EXPENSES 9,259. TOTAL EXPENSES 2,057,152. TEMP. HELP: PROGRAM SERVICE EXPENSES 66,755. MANAGEMENT AND GENERAL EXPENSES 8,704. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,459. CONSULTING FDTN'S & SEMINARS: PROGRAM SERVICE EXPENSES 566,646. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 566,646. REPAIRS & MAINT.: PROGRAM SERVICE EXPENSES 4,315. MANAGEMENT AND GENERAL EXPENSES 70,635. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,950. PAYROLL FEES: PROGRAM SERVICE EXPENSES 455. MANAGEMENT AND GENERAL EXPENSES 28,886. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,341. RECRUITING FEES: PROGRAM SERVICE EXPENSES 3,247. MANAGEMENT AND GENERAL EXPENSES 90,984. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 94,231. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 25,328. MANAGEMENT AND GENERAL EXPENSES 81. FUNDRAISING EXPENSES 2,090. TOTAL EXPENSES 27,499. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: GRANT REFUND 91,904. FORM 990, PART XII, LINE 2C: NEW LEADERS HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE COMMITTEE MEETS WITH THE AUDIT FIRM INDEPENDENTLY FROM STAFF DURING THE AUDIT REVIEW PROCESS AND RECOMMENDS TO THE BOARD THE ACCEPTANCE OF THE AUDIT AND ITS FINDINGS. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.