2024-05-08T17:10:29-05:00 2023-06-30 923320348 EAG GULF COAST LLC ONE GALLERIA BLVD STE 2100 METAIRIE LA 70001 990 2022-07-01 720408935 ISIDORE NEWMAN SCHOOL ISID 5048995641 1903 JEFFERSON AVE NEW ORLEANS LA 70115 DALE SMITH HEAD OF SCHOOL 5048995641 2024-04-18 1 DALE SMITH 999009999 1 SHARON CASSIERE P00543368 5048375990 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DALE SMITH 1903 JEFFERSON AVE NEW ORLEANS LA 70115 38775273 0 X WWW.NEWMANSCHOOL.ORG X 1903 LA A PRE-K THROUGH 12, INDEPENDENT, CO-EDUCATIONAL, NON-DENOMINATIONAL DAY SCHOOL IN NEW ORLEANS. 34 34 561 384 0 0 6409891 5170311 31868897 33217948 22800 -16546 166177 231066 38467765 38602779 2988743 3178534 0 0 19153528 19360913 0 0 1157990 12004883 15068380 34147154 37607827 4320611 994952 85836624 88324921 43942003 44253432 41894621 44071489 NEWMAN INSPIRES INDIVIDUAL GROWTH AND ACADEMIC EXCELLENCE WITHIN AN INCLUSIVE COMMUNITY COMMITTED TO STRONG RELATIONSHIPS AND HIGH EXPECTATIONS. 0 0 30044562 3178534 33217948 OPERATION OF AN EARLY EDUCATION, PRE-K, ELEMENTARY, JUNIOR AND HIGH SCHOOL WITH 1,225 ENROLLED STUDENTS. 30044562 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 31 0 1 561 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 34 34 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 X KEVIN CIOLINO 5048995641 1903 JEFFERSON AVE NEW ORLEANS LA 70115 VALERIE BESTHOFF TRUSTEE 1.00 1.00 X 0 0 0 ASHLEY FRANCIS GOVERNOR 1.00 X 0 0 0 HELEN NALTY BUTCHER GOVERNOR 1.00 X 0 0 0 CHERRIE BARTHELEMY GOVERNOR 1.00 X 0 0 0 JEFFREY B GOLDRING GOVERNOR 1.00 X 0 0 0 BENJAMIN B TILLER GOVERNOR 1.00 X 0 0 0 ALECIA J DONALD GOVERNOR 1.00 X 0 0 0 BRYAN M BATT GOVERNOR 1.00 X 0 0 0 MICHAEL L LEBOURGEOIS GOVERNOR 1.00 X 0 0 0 MICHAEL GOLDMAN GOVERNOR 1.00 X 0 0 0 SUSAN E MOODY PRIETO GOVERNOR 1.00 X 0 0 0 TARUN JOLLY GOVERNOR 1.00 X 0 0 0 GORDON H KOLB SR GOVERNOR 1.00 X 0 0 0 GEORGE PERRY EASTMAN IV GOVERNOR 1.00 X 0 0 0 STEPHEN M FARNSWORTH GOVERNOR 1.00 X 0 0 0 HARVEY M STONE GOVERNOR/TRUSTEE 1.00 1.00 X 0 0 0 DAVID WEILL GOVERNOR 1.00 X 0 0 0 HERMIE KOHLMEYER TRUSTEE 1.00 1.00 X 0 0 0 LOUIS FISHMAN TRUSTEE 1.00 1.00 X 0 0 0 DARRYL BERGER SR TRUSTEE 1.00 1.00 X 0 0 0 HARRY BLUMENTHAL JR TRUSTEE 1.00 1.00 X 0 0 0 SUSAN PHILLIPS GOOD GOVERNOR/TRUSTEE 1.00 1.00 X 0 0 0 IRVING WARSHAUER TRUSTEE 1.00 1.00 X 0 0 0 WILLIAM A GOLDRING TRUSTEE 1.00 1.00 X 0 0 0 TRIPP FRIEDLER TRUSTEE 1.00 1.00 X 0 0 0 SHONTELL N THOMAS GOVERNOR 1.00 X 0 0 0 ANN THORPE THOMPSON GOVERNOR/TRUSTEE 1.00 1.00 X 0 0 0 MICHELLE BAUMAN VILLERE GOVERNOR 1.00 X 0 0 0 PETER ELLIOTT SPERLING GOVERNOR/TRUSTEE 1.00 1.00 X 0 0 0 JOHN KENNETH SAER JR GOVERNOR 1.00 X 0 0 0 KENNETH H BEER CHAIR 4.00 X X 0 0 0 STEPHEN LEWIS PHILIPSON VICE CHAIR 1.00 X X 0 0 0 MICHAEL ANTHONY WALKER SECRETARY 1.00 X X 0 0 0 VANESSA BROWN CLAIBORNE TREASURER 1.00 X X 0 0 0 DALE M SMITH HEAD OF SCHOOL 40.00 X 518644 0 35637 KEVIN CIOLINO INTERIM CFO 40.00 1.00 X 113589 0 15467 FRED HILL DIRECTOR OF FACILITES 40.00 X 170498 0 23783 DEENA CAREY ASSOCIATE HEAD OF SCHOOL 40.00 X 156738 0 15551 JENNIFER ROSEN ASST HEAD OF SCHOOL FOR ENROLLMENT MGMT 40.00 X 150795 0 4524 STEPHEN SOUD DIRECTOR OF COLLEGE COUNSELING 40.00 X 147131 0 15557 J NELSON STEWART P.E. TEACHER/HEAD FOOTBALL COACH 40.00 X 129430 0 22810 ERIK COOPER HEAD OF UPPER SCHOOL 40.00 X 134557 0 13935 MARY PETERS DIRECTOR OF ADVANCEMENT 40.00 X 122324 0 18601 PATRICK SUMMEROUR ATHLETIC DIRECTOR 40.00 X 125401 0 8496 JENNIFER WOLLFARTH FORMER ASST HEAD OF SCHOOL FOR FINANCE & OPERATION 40.00 1.00 X 134606 0 22541 1903713 0 196902 14 1 1 0 WOODWARD DESIGN GROUP 1000 S JEFFERSON DAVIS PKWY NEW ORLEANS LA 70125 CONSTRUCTION 8675276 LOUISIANA SCHOOL EQUIPMENT CO 330 LEE DRIVE STE B BATON ROUGE LA 70808 CONSTRUCTION 455636 ASSOCIATED BUILDING SERVICES LLC 514 FRANKLIN AVENUE NEW ORLEANS LA 70117 HOUSEKEEPING 296148 ASSOCIATED OFFICE SYSTEMS 400 POYDRAS STREET STE 1700 NEW ORLEANS LA 70130 TECHNOLOGY SERVICES 291097 ELECTRICAL SALES CORPORATION PO BOX 1095 METAIRIE LA 70004 TECHNOLOGY SERVICES 166255 9 55680 1813080 136939 3164612 149999 5170311 TUITION AND FEES 611110 29166164 29166164 AUXILIARY SERVICES 611110 3779627 3779627 ATHLETICS 611110 129898 129898 BREAKTHROUGH 611110 86740 86740 OTHER PROGRAM REVENUE 611110 55519 55519 33217948 31813 31813 138561 15115 123446 123446 123446 57974 0 106333 57974 -106333 -48359 -48359 158666 55680 51046 107620 107620 38602779 33217948 0 214520 3178534 3178534 1214769 1214769 15135175 11916586 2826754 391835 695150 500959 174421 19770 1158458 809140 269843 79475 1157361 864802 264392 28167 178024 178024 83611 83611 960444 749146 105649 105649 2345440 2039065 145630 160745 35230 35230 2535820 2282238 126791 126791 1903427 1713085 95171 95171 AUXILIARY 3255857 3255857 INSTRUCTIONAL 2472911 2472911 ADMINISTRATIVE 529621 525805 3816 BREAKTHROUGH 262239 262239 505756 359185 146571 37607827 30044562 6405275 1157990 15160789 14348285 2723833 2118469 14752556 14224910 76831 62097 1652932 2133392 85699938 39324267 43539618 46375671 7930065 9062097 85836624 88324921 2550716 1641164 27706652 29086455 11962799 11962799 1721836 1563014 43942003 44253432 X 13877475 13746505 28017146 30324984 41894621 44071489 85836624 88324921 994952 1181916 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3756626 3756626 66360353 31134223 35226130 13930092 7056962 6873130 1652867 1133082 519785 46375671 LIFE INSURANCE POLICES AND CERTAIN REAL ESTATE 114528 INTERESTS IN TRUSTS HELD BY OTHERS 8947569 9062097 OTHER RESTRICTED AMOUNTS 316845 DEPOSITS 57644 PAYABLE TO NEWMAN FOUNDATION 902030 CAPITAL LEASE OBLIGATIONS 286495 1563014 X 33416465 1181916 66161 1248077 32168388 6434391 6434391 38602779 31239597 66161 66161 31173436 6434391 6434391 37607827 PART X, LINE 2: THE SCHOOL HAS RECEIVED A TAX-EXEMPT RULING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, IS NOT SUBJECT TO FEDERAL TAXES UNLESS IT HAS UNRELATED TRADE OR BUSINESS INCOME. ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2023 AND 2022, MANAGEMENT BELIEVES THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 51,046. RENTAL EXPENSES 15,115. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES NETTED WITH REVENUES IN THE AUDIT 3,255,857. FINANCIAL AID EXPENSES 3,178,534. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 15,115. FUNDRAISING EXPENSES 51,046. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES NETTED WITH REVENUES ON AUDIT 3,255,857. FINANCIAL AID EXPENSES 3,178,534. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISING LITERATURE AND THE NEWMAN WEBSITE STATES THAT ISIDORE NEWMAN SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, COLOR, GENDER, NATIONAL AND ETHNIC ORIGIN, PHYSICAL HANDICAP, OR SEXUAL ORIENTATION. SCHEDULE E, PART I, LINE 6 WE RECEIVE REIMBURSEMENT FROM THE STATE FOR MANDATED SERVICES (FIRE DRILLS, TEACHER CONFERENCES, ETC.). SPRING PARTY 165764 55680 110084 6801 7694 5225 19067 CARNIVAL 26368 26368 6500 1891 1 22214 22214 2133 1735 214346 55680 158666 13301 9827 5225 22693 51046 107620 1 FINANCIAL AID 251 3178534 PART I, LINE 2: THE SCHOOL AWARDS SCHOLARSHIPS/FINANCIAL AID AND THE DOLLARS ARE DIRECTLY CREDITED TO THE STUDENT'S ACCOUNT TOWARD TUITION. X X X X 1 1 X X X 0 0 0 0 0 0 0 1 0 DALE M SMITH HEAD OF SCHOOL 410896 0 60000 0 47748 0 24076 0 11561 0 554281 0 0 0 FRED HILL DIRECTOR OF FACILITES 111775 0 58723 0 0 0 7307 0 16476 0 194281 0 0 0 DEENA CAREY ASSOCIATE HEAD OF SCHOOL 156738 0 0 0 0 0 4858 0 10693 0 172289 0 0 0 STEPHEN SOUD DIRECTOR OF COLLEGE COUNSELING 147131 0 0 0 0 0 8149 0 7408 0 162688 0 0 0 JENNIFER WOLLFARTH FORMER ASST HEAD OF SCHOOL FOR FINAN 134606 0 0 0 0 0 8579 0 13962 0 157147 0 0 0 JENNIFER ROSEN ASST HEAD OF SCHOOL FOR ENROLLMENT M 150795 0 0 0 0 0 4524 0 0 0 155319 0 0 0 J NELSON STEWART P.E. TEACHER/HEAD FOOTBALL COACH 79430 0 25000 0 25000 0 6334 0 16476 0 152240 0 0 0 PART I, LINE 7 THE ORGANIZATION PROVIDED BONUSES. X 15 403724 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF INSTANCES OF CONTRIBUTIONS FOR THE PUBLICLY TRADED STOCK. PART I, LINE 33: OF THE $403,724 REPORTED ON LINE 9, ONLY $149,999 IS REPORTED ON FORM 990, PART VIII, LINE 1G. THE DIFFERENCE OF $253,725 IS DUE TO THE FACT THAT SOME PRIOR YEAR PLEDGE AMOUNTS WERE SATISFIED IN THE CURRENT YEAR THROUGH THE DONATION OF STOCK; THE PLEDGE AMOUNTS WERE INCLUDED IN THE ORGANIZATION'S REVENUES IN THE PRIOR YEAR WHEN BOOKED. FORM 990, PART VI, SECTION A, LINE 2 KEN BEER AND JOHN SAER HAVE A FAMILY RELATIONSHIP. JEFFREY B. GOLDRING AND WILLIAM A. GOLDRING HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER FIRST REVIEWS THE FORM 990 AND SENDS IT TO THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS. THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS THEN REVIEWS AND APPROVES THE 990 AND REPORTS TO THE FULL BOARD OF GOVERNORS THAT THE 990 HAS BEEN REVIEWED AND FILED. THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD OF GOVERNORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF GOVERNORS SIGNS A CONFLICT OF INTEREST POLICY ANNUALLY. THE CONFLICT OF INTEREST POLICY IS MONITORED AND THE PERSON WITH A CONFLICT DOES NOT PARTICIPATE IN VOTING ON THAT ITEM. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD COMPENSATION TASK FORCE MEETS ANNUALLY TO REVIEW THE HEAD OF SCHOOL'S CONTRACT/COMPENSATION AND WHEN NECESSARY, APPROVES A NEW CONTRACT. ADDITIONALLY, MEETINGS ARE HELD IF MATTERS ARISE REGARDING THE HEAD OF SCHOOL'S CONTRACT. IN ADDITION, THE TASK FORCE USED INDEX AND NAIS DATA FOR BENCHMARKING AND COMPARISONS. THE TASK FORCE COMPRISES THE FOUR OFFICERS OF THE BOARD. ALL OTHER SALARIES FOR NEWMAN EMPLOYEES ARE REVIEWED AND APPROVED ANNUALLY BY THE HEAD OF SCHOOL; INPUT FROM THE BOARD IS SOLICITED WHEN NEEDED. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE OVERSIGHT OR SELECTION PROCESSES FOR THE AUDIT THAT THE ORGANIZATION'S COMMITTEE USES. THE ISIDORE NEWMAN SCHOOL FOUNDATION 701 POYDRAS STREET SUITE 3600 NEW ORLEANS LA 701397735 262208265 SEE PART VII LA 501(C)(3) LINE 12A, I 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 THE ISIDORE NEWMAN SCHOOL FOUNDATION C 1813080 SEE PART VII THE ISIDORE NEWMAN SCHOOL FOUNDATION E 902030 SEE PART VII PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME OF RELATED ORGANIZATION: THE ISIDORE NEWMAN SCHOOL FOUNDATION PRIMARY ACTIVITY: ADMINISTERING, DEVELOPING, AND INVESTING AN ENDOWMENT FUND FOR ISIDORE NEWMAN SCHOOL. PART V, TRANSACTIONS WITH RELATED ORGANIZATION, LINE 2: NAME OF RELATED ORGANIZATION: THE ISIDORE NEWMAN SCHOOL FOUNDATION TRANSACTION TYPE: C METHOD OF DETERMINING AMOUNT INVOLVED: 5% OF 12 QUARTER MOVING AVERAGE AND DIRECT EXPENSES CHARGED TO ENDOWMENT PART V, TRANSACTIONS WITH RELATED ORGANIZATION, LINE 2: NAME OF RELATED ORGANIZATION: THE ISIDORE NEWMAN SCHOOL FOUNDATION TRANSACTION TYPE: D METHOD OF DETERMINING AMOUNT INVOLVED: DIRECT EXPENSES CHARGED TO ENDOWMENT