NEW SCHOOLS FUND (EIN 943281780) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

DELICIA JONES

Phone

4156156860

Tax Period

2024-01-01 to 2024-12-31

NEW SCHOOLS FUND, founded in 1998, is a mid-sized nonprofit in the Education sector that reported $41.8M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $36.1M left a modest 14% surplus.

Mission

NEW SCHOOLS FUND'S MISSION IS TO IMPROVE PUBLIC EDUCATION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $40,294,988

Program Service Revenue $0

Investment Income $1,527,689

Other Revenue $10,293

TOTAL REVENUE $41,832,970

Expense Breakdown

Grants Paid $19,443,097

Salaries & Benefits $8,821,694

Fundraising Expenses $782,832

Program Expenses $31,240,752

Other Expenses $7,843,764

TOTAL EXPENSES $36,108,555

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,832,970	$49,069,499	-0.1%
Expenses	$36,108,555	$54,520,195	-0.3%
Net Income	$5,724,415	$-5,450,696	-2.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$1,244,094

Total Directors

$534,315

Key Employees

$968,268

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANCES MESSANO	CEO	40.00	Officer Director	$501,869	$32,446	$534,315
CORI DUNCAN	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
IME ARCHIBONG	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHELLE BOYERS	BOARD MEMBER	2.00	Director	$0	$0	$0
BROOK BYERS	BOARD MEMBER	2.00	Director	$0	$0	$0
STACEY CHILDRESS	BOARD MEMBER	2.00	Director	$0	$0	$0
ANGEL MORALES	BOARD MEMBER	2.00	Director	$0	$0	$0
LISETTE NIEVES	BOARD MEMBER	2.00	Director	$0	$0	$0
KIM SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
PAULA SNEED	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARLIE WOLFSON	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTOPHER LOZIER	CHIEF OPERATING OFFICER/TR	40.00	Officer	$310,805	$47,047	$357,852
DELICIA JONES	CHIEF STRATEGY OFFICER/SEC	40.00	Officer	$318,082	$33,845	$351,927
HEATHER MCMANUS	CHIEF PEOPLE OFFICER	40.00	Key Emp	$324,810	$30,192	$355,002
MIA HOWARD	MANAGING PARTNER	40.00	Key Emp	$289,320	$32,128	$321,448
CAMERON WHITE	PARTNER	40.00	Key Emp	$246,860	$44,958	$291,818
MAGGIE ANDREWS	DIRECTOR, DEVELOPMENT	40.00	Highest	$239,530	$50,473	$290,003
NATALIE WILSON	PARTNER, EQUITABLE INVESTI	40.00	Highest	$242,662	$32,636	$275,298
JASON ATWOOD	DIRECTOR, RESEARCH & LEARN	40.00	Highest	$236,718	$36,699	$273,417
JESSICA HENRY	DIRECTOR, OPERATIONS	40.00	Highest	$224,030	$45,930	$269,960
WENDY ANN DIXON-DUBOIS	DIRECTOR, COMMUNICATIONS	40.00	Highest	$233,147	$32,256	$265,403

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
2024	$41,832,970	$36,108,555	$70,939,482	$5,724,415
2023	$49,069,499	$54,520,195	$66,393,420	$-5,450,696
2022	$74,508,851	$59,432,356	$72,482,557	$15,076,495
2021	$41,218,694	$46,697,486	$55,397,321	$-5,478,792
2020	$65,331,687	$42,336,876	$79,742,823	$22,994,811
2019	$56,208,683	$43,566,897	$55,916,420	$12,641,786
2018	$39,455,453	$35,278,239	$44,604,194	$4,177,214

NEW SCHOOLS FUND