NEWCITIES INSTITUTE INC DBA PARTNERSHIP FOR SUCCESSFUL SCHOOLS

EIN: 611377132 501(c)(3)

LEXINGTON, KY

Total Revenue
$10,000
Total Expenses
$33,721
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
KY
Principal Officer
CAROLYN WITT JONES
Phone
8593330944
Tax Period
2019-07-01 to 2020-06-30

NEWCITIES INSTITUTE INC DBA PARTNERSHIP FOR SUCCESSFUL SCHOOLS, founded in 2001, is a micro nonprofit that reported $10K in total revenue in fiscal year 2019. Revenue surged 67% from the prior year, signaling strong growth momentum. Expenses of $34K exceeded revenue, resulting in a 237% operating deficit.

Mission

THE PARTNERSHIP FOR SUCCESSFUL SCHOOLS (PFSS), CREATED TO ENCOURAGE BUSINESS SUPPORT FOR EDUCATION REFORM EFFORTS, WORKS ACROSS KENTUCKY TO IDENTIFY GAPS, CONVENE PARTNERS, LINK RESOURCES, IDENTIFY SOLUTIONS AND, ALONGSIDE COMMUNITIES IMPLEMENT THOSE SOLUTIONS IN CLASSROOMS, SCHOOLS AND SCHOOL DISTRICTS. FOCUSED PRIMARILY ON COLLEGE, CAREER, LIFE READINESS AND LITERACY ISSUES TODAY, PFSS STRIVES TO WORK WITH AND BRING TOGETHER RELEVANT VOICES IN SUPPORT OF STUDENT ACHIEVEMENT AND A HIGHLY SKILLED WORKFORCE.

Program Service Accomplishments

Program 1
Expenses: $23,003

ONE TO ONE: PRACTICING READING WITH STUDENTS, CREATED WITH THE INPUT OF TEACHERS AND LITERACY EXPERTS, RECRUITS AND TRAINS VOLUNTEERS TO BECOME TRUE LITERACY COACHES, THEREBY HELPING STRUGGLING...

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ONE TO ONE: PRACTICING READING WITH STUDENTS, CREATED WITH THE INPUT OF TEACHERS AND LITERACY EXPERTS, RECRUITS AND TRAINS VOLUNTEERS TO BECOME TRUE LITERACY COACHES, THEREBY HELPING STRUGGLING READERS BUILD KEY SKILLS AND CONFIDENCE ACROSS SUBJECTS. THROUGH WEEKLY ONE ON ONE SESSIONS COACHES FOCUS ON SKILLS WHERE STUDENTS NEED HELP MOST AND ALONG THE WAY DEVELOP VALUABLE MENTORING RELATIONSHIPS. RESULTS INDICATE 85 TO 90% OF STUDENTS MAKE SIGNIFICANT GAINS IN READING.

Program 2
Expenses: $8,300

THE ROADMAP TO SUCCESS (RMTS) PROJECT, ALIGNED WITH THE PFSS MISSION TO SUPPORT STATE GOALS FOR LIFE, COLLEGE AND CAREER READINESS, SEEKS TO HELP PAINT A CLEAR PICTURE FOR FAMILIES AND STUDENTS...

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THE ROADMAP TO SUCCESS (RMTS) PROJECT, ALIGNED WITH THE PFSS MISSION TO SUPPORT STATE GOALS FOR LIFE, COLLEGE AND CAREER READINESS, SEEKS TO HELP PAINT A CLEAR PICTURE FOR FAMILIES AND STUDENTS AROUND BEHAVIORS TO MODEL, PATTERNS TO PRACTICES, TRAITS TO BUILD AND RESOURCES TO TAP. DIVIDED INTO WORK, LIFE AND ACADEMIC CATEGORIES, RMTS OFFERS "MARKERS FOR SUCCESS" FROM EARLY CHILDHOOD THROUGH HIGH SCHOOL WHILE ENCOURAGING STUDENTS TO CONSIDER SUCCESS AS ONE DESTINATION WITH MULTIPLE ROUTES FOR ARRIVAL. THE CONNECTIONS CONCEPT OFFERS SUPPORT TO ALL WHO ADVISE STUDENTS THROUGH A PLATFORM THAT INCLUDES CREATION OF A KY COLLEGE/CAREER/LIFE READINESS YOUTUBE CHANNEL, CONNECTS STUDENTS TO EMPLOYERS IN THEIR BACK YARDS THROUGH CREATION OF VIDEO SHORTS, BUILDING PROGRESS BASED APPS FOR TRACKING AND DEVELOPS A KY CLEARINGHOUSE FOR EDUCATION

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $10,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,350
Fundraising Expenses $0
Program Expenses $31,303
Other Expenses $3,371
TOTAL EXPENSES $33,721

Year-over-Year Comparison

2019 2018 Change
Revenue $10,000 $6,000 +0.7%
Expenses $33,721 $58,872 -0.4%
Net Income $-23,721 $-52,872 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
N/A

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
4
$30,350
Total Directors
4
$30,350
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN WITT JONES PRESIDENT 5.00
Officer Director
$0 $0 $0
SPENCER NOE SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
DALE BROWN CHAIR 2.00
Officer Director
$0 $0 $0
POLLY MARQUETTE VICE CHAIR 40.00
Officer Director
$30,350 $0 $30,350
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
2020 $10,000 $33,721 No data $-23,721
2019 $6,000 $58,872 $28,848 $-52,872
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