NEW ACADEMY

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

MARY ROSAS

Phone

2134139183

Tax Period

2024-07-01 to 2025-06-30

NEW ACADEMY, founded in 2003, is a mid-sized nonprofit in the Education sector that reported $20.4M in total revenue in fiscal year 2024.

Mission

TO CREATE A CHILD-CENTERED ENVIRONMENT WHERE STUDENTS ARE ABLE TO WORK COOPERATIVELY, BECOME SELF-DIRECTED, THINK CRITICALLY, DEVELOP SELF-ESTEEM AND SELF ASSURANCE AND HAVE RESPECT FOR CULTURAL DIVERSITY.

Program Service Accomplishments

Program 1

Expenses: $18,120,147 Revenue: $93,686

OPERATION OF TWO (2) PUBLIC CHARTER SCHOOLS PROVIDING CLASSROOM-BASED INSTRUCTION TO STUDENTS IN GRADES TK TO 5: N.E.W. ACADEMY CANOGA PARK AND N.E.W. ACADEMY OF SCIENCE AND ARTS. TOGETHER, NEW...

OPERATION OF TWO (2) PUBLIC CHARTER SCHOOLS PROVIDING CLASSROOM-BASED INSTRUCTION TO STUDENTS IN GRADES TK TO 5: N.E.W. ACADEMY CANOGA PARK AND N.E.W. ACADEMY OF SCIENCE AND ARTS. TOGETHER, NEW ACADEMY HAS THREE SPECIFIC PERFORMANCE OBJECTIVES:(1) TO PROMOTE STUDENT PROGRESS IN ACADEMIC AND ARTISTIC ACHIEVEMENT, WITH AN EMPHASIS IN THE ARTS AND SCIENCES,(2) TO DEVELOP SOCIAL, AS WELL AS COMMUNITY ETHICS AND VALUES IN THE STUDENTS' CHARACTER DEVELOPMENT WITH PARENTAL PARTICIPATION, AND(3) TO IMPLEMENT THE MOST APPROPRIATE CURRICULUM FOR EVERY CHILD AFTER INITIAL ASSESSMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,017,612

Program Service Revenue $93,686

Investment Income $310,845

Other Revenue $-13,665

TOTAL REVENUE $20,408,478

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,360,420

Fundraising Expenses $0

Program Expenses $18,120,147

Other Expenses $8,068,472

TOTAL EXPENSES $20,428,892

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,408,478	$19,542,343	+0.0%
Expenses	$20,428,892	$18,216,335	+0.1%
Net Income	$-20,414	$1,326,008	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY GALVAN ROSAS	CHAIR	2.00	Officer Director	$0	$0	$0
MAGGIE CERVANTES	VICE CHAIR	2.00	Director	$0	$0	$0
BRENT BRADLEY	TREASURER	2.00	Officer Director	$0	$0	$0
PATRICIA DIDONATO	SECRETARY	2.00	Officer Director	$0	$0	$0
BETH TISHLER	MEMBER	2.00	Director	$0	$0	$0
ANDY GUZMAN	MEMBER	2.00	Director	$0	$0	$0
STACEY LUNA	MEMBER	2.00	Director	$0	$0	$0
DR ERIC TODD	PRINCIPAL - NACP	40.00	Highest	$149,567	$41,366	$190,933
DR NELSY JACKSON	PRINCIPAL - NASA	40.00	Highest	$132,348	$34,526	$166,874
EDDIE CASTRO	DIRECTOR OF OPERATIONS	40.00	Highest	$116,301	$49,222	$165,523
MARTA SANCHEZ	TEACHER	40.00	Highest	$160,833	$37,427	$198,260
SARA ABRONSON	PSYCHOLOGIST/COUNSELOR	40.00	Highest	$132,858	$25,361	$158,219

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$20,408,478	$20,428,892	$23,768,501	$-20,414
2024	No data	No data	No data	No data
2023	$19,818,772	$17,088,922	$23,353,647	$2,729,850
2022	$16,393,037	$14,320,766	$13,929,645	$2,072,271
2021	$13,607,280	$11,894,555	$11,964,076	$1,712,725
2020	$12,190,921	$11,258,296	$9,411,296	$932,625
2019	$12,214,458	$11,253,519	$8,399,953	$960,939
2018	$11,592,279	$10,691,188	$7,375,823	$901,091