Nonprofit · EIN 04-3519203
NEW LEADERS
Tax-exempt · NEW YORK, NY 10018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $21,939,809 | $23,297,998 | -$1,358,189 | $36,841,193 | $4,138,938 | $32,702,255 |
| June 30, 2024 | 990 | $24,892,478 | $33,199,196 | -$8,306,718 | $38,621,440 | $6,487,511 | $32,133,929 |
| June 30, 2023 | 990 | $24,961,115 | $33,852,401 | -$8,891,286 | $43,432,255 | $4,851,220 | $38,581,035 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $16,295,675
- of which government grants
- $2,911,121
- Program service revenue
- $4,975,163
- Investment income
- $599,075
- Net rental income
- $69,896
- Other revenue
- $69,896
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,670,752
- Other salaries and wages
- $9,592,485
- Salaries, compensation and benefits (total)
- $14,943,740
- Professional fundraising fees
- $0
- Legal fees
- $24,808
- Accounting fees
- $87,210
- Occupancy
- $415,745
- Travel
- $650,896
- Depreciation
- $33,009
- Program services (functional)
- $17,876,888
- Management and general (functional)
- $3,792,277
- Fundraising (functional)
- $1,628,833
Balance sheet and other
- Total assets, start of year
- $38,621,440
- Total assets, end of year
- $36,841,193
- Total liabilities, end of year
- $4,138,938
- Net assets, end of year
- $32,702,255
- Land, buildings and equipment
- $242,234
- Publicly traded securities
- $11,021,077
- Net assets without donor restrictions
- $25,765,833
- Net assets with donor restrictions
- $6,936,422
- Gross unrelated business income
- $13,981
- Gross receipts
- $21,939,809
- Employees
- 130
- Volunteers
- 11
- Year formed
- 2000
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEAN DESRAVINES | CEO & BOARD MEMBER Trustee or director, Officer | 50 | $642,126 | $31,742 |
| JOHN JENKINS | CHIEF PROGRAM & IMPL. OFFICER Key employee | 40 | $347,249 | $31,742 |
| LAURA KADETSKY | CHIEF ADMIN/GEN.COUNL/SEC/INT.TREAS. Officer | 40 | $349,937 | $28,490 |
| TARYN WATERS | CHIEF EXT.RELATIONS OFFICER Key employee | 40 | $327,373 | $31,213 |
| DENISE CORBETT DENNIS | CHIEF NAT'L ASPIRING PRIN.OFF. Key employee | 40 | $300,648 | $28,033 |
| MIATA FULLER | CHIEF OF STAFF & ORG. DEV. OFF. Key employee | 40 | $293,405 | $30,194 |
| ALEXANDER ELSON | EXEC. DIR., K-12 PARTNERSHIPS Highest-paid employee | 40 | $261,344 | $29,232 |
| MICHELLE PIERRE-FARID | FORMER KEY EMPLOYEE Highest-paid employee | 40 | $238,665 | $28,552 |
| RICK CUSICK | DEP. CHIEF OFF/TECH (END 11/24) Highest-paid employee | 40 | $235,757 | $24,745 |
| MARIA ESPONDA-MEDINA | NATL.SR.EXEC.DIR,EXEMPLAR SITES Highest-paid employee | 40 | $228,364 | $27,981 |
| KRISTA LEWIS-JOHNSON | DEP. CHIEF OFF,ACCEL.&PROF.LEARN.SVC Highest-paid employee | 40 | $216,050 | $27,874 |
| MICHELE CARACAPPA | CHIEF PROG.OFF/SR.ADV. (END 06/24) Former | 40 | $173,210 | $14,491 |
| SONIA BEATTY | SR. ADVISOR TO THE CEO Key employee | 20 | $160,356 | $26,033 |
| TED COLBERT | BOARD CHAIR Trustee or director, Officer | 0.4 | $0 | $0 |
| ROBERT HERZOG | TREASURER (FROM 04/25) Trustee or director, Officer | 0.4 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE JOHNSTON | BOARD MEMBER Trustee or director | 0.4 | $0 |
| TRIPP JONES | BOARD MEMBER Trustee or director | 0.4 | $0 |
| MARTIN LIPPERT | BOARD MEMBER Trustee or director | 0.4 | $0 |
| MARK WILKINS | BOARD MEMBER Trustee or director | 0.4 | $0 |
| BARBARA HYDE | BOARD MEMBER Trustee or director | 0.4 | $0 |
| LINNEA ROBERTS | BOARD MEMBER Trustee or director | 0.4 | $0 |
| JONATHAN SCHNUR | BOARD MEMBER Trustee or director | 0.4 | $0 |
990 for the year ended June 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEAN DESRAVINES | CEO & BOARD MEMBER Trustee or director, Officer | 50 | $762,853 | $87,091 |
| MICHELE CARACAPPA CHIEF PROG | OFF./SR ADV. TO THE CEO - TIL 06/24 Key employee | 40 | $405,433 | $26,223 |
| LAURA KADETSKY CHIEF ADMIN | OFF., GEN COUNS./SECR., INT. TREAS. Officer | 40 | $391,885 | $24,352 |
| JOHN JENKINS | CHIEF PROGRAM & IMPLEMENTATION OFF. Key employee | 40 | $388,418 | $27,464 |
| TARYN WATERS | CHIEF EXTERNAL RELATIONS OFFICER Key employee | 40 | $383,479 | $27,464 |
| MIATA FULLER CHIEF OF STAFF | TO THE CEO & ORG'L DEV. OFFICER Key employee | 40 | $326,570 | $27,361 |
| DENISE CORBETT DENNIS | CHIEF NAT'L ASPIRING PRINCIPALS OFF. Key employee | 40 | $322,804 | $24,621 |
| RICK CUSICK | DEPUTY CHIEF OFFICER, TECHNOLOGY Highest-paid employee | 40 | $309,681 | $26,854 |
| MICHELLE PIERRE-FARID NAT'L SR | EXEC DIR, STRAT. DISTRICT CONSULTING Highest-paid employee | 40 | $285,771 | $26,137 |
| JACQUELINE GRAN CHIEF POLICY | AND EVALUATION OFFICER - TIL 06/24 Key employee | 20 | $286,387 | $23,562 |
| NOAH WEPMAN CHIEF FIN AND | GROWTH OFF., TREASURER - TIL 09/23 Officer | 40 | $255,775 | $20,520 |
| MARIA ESPONDA-MEDINA | NAT'L SR EXEC DIR, EXEMPLAR SITES Highest-paid employee | 40 | $250,779 | $25,087 |
| ALEX ELSON | EXECUTIVE DIR., K-12 PARTNERSHIPS Highest-paid employee | 40 | $238,744 | $24,726 |
| WENDY PERDOMO SR EXEC DIR | ORG-WIDE PROF. DEVEL. AND EQUITY Highest-paid employee | 40 | $240,978 | $17,564 |
| SONIA BEATTY | SENIOR ADVISOR TO THE CEO Key employee | 20 | $225,221 | $24,321 |
| DANIEL CORDOVA SR EXEC DIR | FINANCE & TREASURER - TIL 03/24 Officer | 40 | $174,849 | $22,810 |
| TED COLBERT | BOARD CHAIR Trustee or director, Officer | 0.4 | $0 | $0 |
| NAOMI SELIGMAN | BOARD VICE-CHAIR - TIL 02/24 Trustee or director, Officer | 0.4 | $0 | $0 |
| BARBARA HYDE | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| MIKE JOHNSTON | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| TRIPP JONES | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| JOSH LEWIS | BOARD MEMBER - TIL 10/23 Trustee or director | 0.4 | $0 | $0 |
| MARTIN LIPPERT | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| LINNEA ROBERTS | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| JONATHAN SCHNUR | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| MARK WILKINS | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| STEVE WHITE | BOARD MEMBER - TIL 12/23 Trustee or director | 0.4 | $0 | $0 |
990 for the year ended June 30, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEAN DESRAVINES | CEO & BOARD MEMBER Trustee or director, Officer | 40 | $573,281 | $89,276 |
| MICHELE CARACAPPA | CHIEF PROGRAM OFFICER Key employee | 40 | $333,999 | $25,445 |
| JOHN JENKINS | CHIEF PROG. & IMPLEMENTATION OFFICER Key employee | 40 | $304,463 | $27,095 |
| LAURA KADETSKY | CHIEF ADMIN. OFF., GEN. COUNS., & SEC. Officer | 40 | $299,508 | $21,584 |
| NOAH WEPMAN | CHIEF FIN. & GROWTH OFF (UNTIL 9/23) Officer | 40 | $291,147 | $25,747 |
| TARYN WATERS | CHIEF EXTERNAL RELATIONS OFFICER Key employee | 40 | $284,167 | $27,709 |
| SONIA BEATTY | CHIEF OF STAFF TO CEO & TALENT OFF. Key employee | 40 | $268,477 | $25,275 |
| JAQUELINE GRAN | CHIEF POLICY & EVALUATION OFFICER Key employee | 40 | $264,068 | $25,446 |
| MIATA FULLER - CHIEF OF | STAFF & ORG. DEV. OFF (FROM 10/22) Key employee | 40 | $236,521 | $26,198 |
| DENISE CORBETT DENNIS - CHIEF | NT'L ASPIRING PRINC. FELLOWSHIP OFF. Key employee | 40 | $226,613 | $26,140 |
| MICHELLE PIERRE-FARID | NSED, STRAT. P'SHIPS & ALUMNI IMPACT Highest-paid employee | 40 | $247,127 | $0 |
| ALEXANDER ELSON | EXEC. DIR., K-12 PARTNERSHIPS Highest-paid employee | 40 | $219,815 | $27,094 |
| RICHARD CUSICK | DEPUTY CHIEF OFFICER, TECHNOLOGY Highest-paid employee | 40 | $217,688 | $27,031 |
| MARIA ESPONDA-MEDINA | NT'L SR. EXEC. DIRECTOR, EXEMPLAR Highest-paid employee | 40 | $208,318 | $26,749 |
| GRANT NEWMAN | SENIOR ED., PROG. STRATEGY & OPERATIONS Highest-paid employee | 40 | $199,329 | $26,480 |
| STEVE HADDAD | FORMER CHIEF DEVELOPMENT OFF. Former | 40 | $156,473 | $11,173 |
| TED COLBERT III | BOARD CHAIR Trustee or director, Officer | 0.4 | $0 | $0 |
| NAOMI O SELIGMAN | BOARD VICE-CHAIR Trustee or director, Officer | 0.4 | $0 | $0 |
| BARBARA HYDE | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| MIKE JOHNSTON | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| TRIPP JONES | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| JOSH LEWIS | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| MARTY LIPPERT | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| LINNEA ROBERTS | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| JONATHAN SCHNUR | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
| JAN ROCK ZUBROW | BOARD MEMBER (TO 9/22) Trustee or director | 0.4 | $0 | $0 |
| MARK WILKINS | BOARD MEMBER (FROM 9/22) Trustee or director | 0.4 | $0 | $0 |
| BILLY CAMPBELL | BOARD MEMBER (TO 9/22) Trustee or director | 0.4 | $0 | $0 |
| STEVE WHITE | BOARD MEMBER Trustee or director | 0.4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 121 W 36TH ST, NEW YORK, NY 10018-3612
- Principal officer (990 for 2024)
- JEAN DESRAVINES, 121 W 36TH STREET 308, NEW YORK, NY 10018
- Signed the 990
- LISA HERRING, CEO
- Phone
- (646) 792-1070
- Website
- WWW.NEWLEADERS.ORG
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
NEW LEADERS DEVELOPS TRANSFORMATIONAL SCHOOL LEADERS AND ADVANCES POLICIES AND PRACTICES THAT ENSURE HIGH ACADEMIC ACHIEVEMENT FOR ALL CHILDREN - ESPECIALLY FOR STUDENTS FROM UNDER-RESOURCED COMMUNITIES.
Program accomplishments
- NATIONAL ASPIRING PRINCIPALS FELLOWSHIP: THE NATIONAL ASPIRING PRINCIPALS FELLOWSHIP IS AN ONLINE PRINCIPAL PREPARATION AND MASTER'S DEGREE PROGRAM THAT TRAINS THE NEXT GENERATION OF EQUITYFOCUSED SCHOOL LEADERS WHO BETTER REFLECT THE STUDENTS THEY SERVE. A FIRST-OF-ITS-KIND PARTNERSHIP WITH TWO PRESTIGIOUS HISTORICALLY BLACK INSTITUTIONS, THE FELLOWSHIP INTEGRATES THE 20+ YEAR RESEARCH AND EVIDENCE-BASE OF NEW LEADERS' NATIONALLY RENOWNED PRINCIPAL PREPARATION PROGRAM AND EQUITY-CENTERED CONCEPTUAL FRAMEWORKS OF OUR UNIVERSITY PARTNERS INTO A TRANSFORMATIVE AND COHORT-BASED ONLINE LEARNING EXPERIENCE.Expenses $6,926,929 · revenue $730,934
- LEADERSHIP DEVELOPMENT PATHWAYS (SCHOOL & SYSTEM PARTNERSHIPS): THROUGH SCHOOL AND SYSTEM PARTNERSHIPS, NEW LEADERS PROVIDES AN IMMERSIVE, COMPETENCY-BASED TRAINING EXPERIENCE THAT PROVIDES SCHOOL AND DISTRICT LEADERS AT MULTIPLE LEVELS FROM TEACHER LEADERS TO DISTRICT LEADERS WITH THE INTERACTIVE TOOLS, INSTRUCTIONAL STRATEGIES, INDIVIDUALIZED COACHING, AND COMMUNITY SUPPORT TO DELIVER BREAKTHROUGH RESULTS AND SUSTAINED STUDENT OUTCOMES.Expenses $6,205,281 · revenue $2,685,595
- STRATEGIC PARTNERSHIPS: STRATEGIC PARTNERSHIP SERVICES OFFER TARGETED GUIDANCE TO HELP SENIOR DISTRICT AND OTHER SYSTEM LEADERS DEVELOP ACTIONABLE STRATEGIES AND IMPLEMENTATION PLANS THAT GET RESULTS. THESE SERVICES ARE CUSTOM-TAILORED TO MEET THE NEEDS OF EACH DISTRICT OR SYSTEM, BUT MAY INCLUDE SUPPORT AROUND ORGANIZATIONAL EFFECTIVENESS, SYSTEM-WIDE DIAGNOSTICS, ACTION PLANNING AND KPLS, PERFORMANCE MANAGEMENT, AND CULTURE AND CLIMATE PLANNING.Expenses $3,630,368 · revenue $1,558,634
- OTHER PROGRAMSExpenses $1,114,310
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3519203
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $36,841,193
- Income (IRS master file)
- $21,939,809
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $21,939,809 | $23,297,998 | $36,841,193 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $24,892,478 | $33,199,196 | $38,621,440 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $24,961,115 | $33,852,401 | $43,432,255 | XML |
| 990 | June 2022 | $51,082,057 | $29,598,585 | $51,919,940 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3519203).
Questions about NEW LEADERS
- What is the EIN of NEW LEADERS?
- The employer identification number (EIN) of NEW LEADERS is 04-3519203.
- Is NEW LEADERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to NEW LEADERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW LEADERS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW LEADERS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW LEADERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW LEADERS?
- The 990 for the year ended June 30, 2025 names JEAN DESRAVINES.
- Who are the officers and directors of NEW LEADERS?
- The 990 for the year ended June 30, 2025 lists 22 people; 13 received compensation from the organization, the highest $642,126 (JEAN DESRAVINES, CEO & BOARD MEMBER).
- How much revenue does NEW LEADERS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $21,939,809, expenses of $23,297,998 and total assets of $36,841,193 at year end.
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