New Schools For New Orleans Inc
New Schools For New Orleans Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 20773717 · New Orleans, LA · NTEE: B19 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.8M |
| Total Expenses | $15.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $15.1M |
| Transparency Score | 85/100 |
Is New Schools For New Orleans Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Schools For New Orleans Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Schools For New Orleans Inc
New Schools For New Orleans Inc (EIN: 20773717) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B19. The organization reported total revenue of $19.8M and total assets of $23.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Schools For New Orleans Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Schools For New Orleans Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.0M |
| Total Expenses | $15.1M |
| Surplus / Deficit | +$3.9M |
| Total Assets | $17.9M |
| Total Liabilities | $2.7M |
| Net Assets | $15.1M |
| Operating Margin | 20.5% |
| Debt-to-Asset Ratio | 15.3% |
| Months of Reserves | 14.2 months |
Financial Health Grade: A
In 2023, New Schools For New Orleans Inc reported a surplus of $3.9M with revenue exceeding expenses, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 15.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Schools For New Orleans Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.8% | +14.0% | +28.0% |
| 2022 | +12.5% | -0.2% | +4.0% |
| 2021 | +4.5% | -2.8% | -4.4% |
| 2020 | -14.7% | +31.8% | +20.4% |
| 2019 | +33.6% | -21.4% | +17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Schools For New Orleans Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New Schools For New Orleans Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.3%.
Executive Compensation Analysis
Across all 13 available IRS 990 filings, New Schools For New Orleans Inc consistently reports 0% for Officer Compensation, which is highly unusual for an organization of its size with revenues approaching $20 million. This suggests either a volunteer executive leadership structure or that executive compensation is reported under other expense categories, warranting further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Schools For New Orleans Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation for an organization of this size, which may obscure executive pay details if it's reported elsewhere.
Strengths
The following positive indicators were identified for New Schools For New Orleans Inc:
- Consistent revenue growth, with latest revenue at $19,752,135.
- Healthy asset growth, reaching $23,689,928.
- Positive revenue-to-expense ratio in recent years, indicating operational efficiency.
- Consistent filing history over 13 periods, demonstrating commitment to compliance.
Frequently Asked Questions about New Schools For New Orleans Inc
Is New Schools For New Orleans Inc a legitimate charity?
New Schools For New Orleans Inc (EIN: 20773717) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $19.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does New Schools For New Orleans Inc spend its money?
New Schools For New Orleans Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Schools For New Orleans Inc tax-deductible?
New Schools For New Orleans Inc is registered as a tax-exempt nonprofit (EIN: 20773717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Schools For New Orleans Inc CEO make?
New Schools For New Orleans Inc's highest-compensated officer earns $20 annually. The organization reported $19.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Schools For New Orleans Inc's spending goes to programs?
New Schools For New Orleans Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Schools For New Orleans Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Schools For New Orleans Inc is above average for NTEE category B19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Schools For New Orleans Inc located?
New Schools For New Orleans Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 20773717. It is classified under NTEE code B19.
How many years of IRS 990 filings does New Schools For New Orleans Inc have?
New Schools For New Orleans Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $19.8M in total revenue.
How does New Schools For New Orleans Inc achieve 0% officer compensation?
The IRS 990 filings consistently report 0% for Officer Compensation. This could mean executive leadership is entirely volunteer-based, or their compensation is categorized differently within the expense structure (e.g., as salaries for key employees not classified as officers, or through a related entity). Further detail from the full 990 forms would be needed to clarify this.
What is the trend in net assets for NSNO?
NSNO has shown a strong upward trend in net assets, growing from $9,936,795 in 201809 to $17,859,073 in 202309. This indicates healthy financial management and accumulation of resources over time.
Is NSNO financially stable given its revenue and expenses?
Yes, NSNO appears financially stable. In the most recent period (202309), revenue ($18,994,154) significantly exceeded expenses ($15,104,946), resulting in a surplus. This positive margin, coupled with growing assets, indicates a strong financial position.
Filing History
IRS 990 filing history for New Schools For New Orleans Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Schools For New Orleans Inc's revenue has grown by 63.4%, moving from $11.6M to $19.0M. Total assets increased by 36.5% over the same period, from $13.1M to $17.9M. Total functional expenses rose by 128.7%, from $6.6M to $15.1M. In its most recent filing year (2023), New Schools For New Orleans Inc reported a surplus of $3.9M, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $17.9M in assets (debt-to-asset ratio: 15.3%), resulting in net assets of $15.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.0M | $15.1M | $17.9M | $2.7M | — | — |
| 2022 | $15.2M | $13.3M | $14.0M | $2.7M | — | — |
| 2021 | $13.5M | $13.3M | $13.4M | $4.1M | — | View 990 |
| 2020 | $12.9M | $13.7M | $14.0M | $5.0M | — | — |
| 2019 | $15.2M | $10.4M | $11.7M | $1.9M | — | View 990 |
| 2018 | $11.4M | $13.2M | $9.9M | $5.0M | — | View 990 |
| 2017 | $9.6M | $13.6M | $11.2M | $4.5M | — | View 990 |
| 2016 | $13.8M | $10.4M | $13.8M | $3.0M | — | View 990 |
| 2015 | $19.3M | $19.8M | $13.8M | $6.4M | — | View 990 |
| 2014 | $14.0M | $15.4M | $13.1M | $5.2M | — | View 990 |
| 2013 | $20.9M | $21.8M | $17.6M | $8.2M | — | View 990 |
| 2012 | $10.9M | $12.1M | $13.0M | $2.7M | — | View 990 |
| 2011 | $11.6M | $6.6M | $13.1M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.0M, expenses of $15.1M, and assets of $17.9M (revenue +24.8% year-over-year).
- 2022: Revenue of $15.2M, expenses of $13.3M, and assets of $14.0M (revenue +12.5% year-over-year).
- 2021: Revenue of $13.5M, expenses of $13.3M, and assets of $13.4M (revenue +4.5% year-over-year).
- 2020: Revenue of $12.9M, expenses of $13.7M, and assets of $14.0M (revenue -14.7% year-over-year).
- 2019: Revenue of $15.2M, expenses of $10.4M, and assets of $11.7M (revenue +33.6% year-over-year).
- 2018: Revenue of $11.4M, expenses of $13.2M, and assets of $9.9M (revenue +18.8% year-over-year).
- 2017: Revenue of $9.6M, expenses of $13.6M, and assets of $11.2M (revenue -30.6% year-over-year).
- 2016: Revenue of $13.8M, expenses of $10.4M, and assets of $13.8M (revenue -28.6% year-over-year).
- 2015: Revenue of $19.3M, expenses of $19.8M, and assets of $13.8M (revenue +38.3% year-over-year).
- 2014: Revenue of $14.0M, expenses of $15.4M, and assets of $13.1M (revenue -33.2% year-over-year).
- 2013: Revenue of $20.9M, expenses of $21.8M, and assets of $17.6M (revenue +92.0% year-over-year).
- 2012: Revenue of $10.9M, expenses of $12.1M, and assets of $13.0M (revenue -6.3% year-over-year).
- 2011: Revenue of $11.6M, expenses of $6.6M, and assets of $13.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Schools For New Orleans Inc:
Data Sources and Methodology
This transparency report for New Schools For New Orleans Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.