Nonprofit · EIN 20-0201111
NEW ACADEMY
Tax-exempt · LOS ANGELES, CA 90017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $20,408,478 | $20,428,892 | -$20,414 | $23,768,501 | $7,247,362 | $16,521,139 |
| June 30, 2024 | 990 | $19,542,343 | $18,216,335 | $1,326,008 | $24,319,999 | $7,778,446 | $16,541,553 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $20,017,612
- of which government grants
- $19,990,269
- Program service revenue
- $93,686
- Investment income
- $310,845
- Net income from fundraising events
- -$13,665
- Other revenue
- -$13,665
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $8,328,885
- Salaries, compensation and benefits (total)
- $12,360,420
- Professional fundraising fees
- $0
- Legal fees
- $102,289
- Accounting fees
- $259,788
- Occupancy
- $1,228,638
- Travel
- $29,461
- Depreciation
- $98,665
- Program services (functional)
- $18,120,147
- Management and general (functional)
- $2,308,745
Balance sheet and other
- Total assets, start of year
- $24,319,999
- Total assets, end of year
- $23,768,501
- Total liabilities, end of year
- $7,247,362
- Net assets, end of year
- $16,521,139
- Land, buildings and equipment
- $259,140
- Publicly traded securities
- $4,362,613
- Net assets without donor restrictions
- $16,359,373
- Net assets with donor restrictions
- $161,766
- Gross receipts
- $20,422,143
- Employees
- 90
- Volunteers
- 7
- Year formed
- 2003
- State of legal domicile
- CA
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 |
|---|---|---|---|---|
| MARTA SANCHEZ | TEACHER Highest-paid employee | 40 | $160,833 | $37,427 |
| DR ERIC TODD | PRINCIPAL - NACP Highest-paid employee | 40 | $149,567 | $41,366 |
| DR NELSY JACKSON | PRINCIPAL - NASA Highest-paid employee | 40 | $132,348 | $34,526 |
| EDDIE CASTRO | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $116,301 | $49,222 |
| SARA ABRONSON | PSYCHOLOGIST/COUNSELOR Highest-paid employee | 40 | $132,858 | $25,361 |
| MARY GALVAN ROSAS | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MAGGIE CERVANTES | VICE CHAIR Trustee or director | 2 | $0 | $0 |
| BRENT BRADLEY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PATRICIA DIDONATO | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BETH TISHLER | MEMBER Trustee or director | 2 | $0 | $0 |
| ANDY GUZMAN | MEMBER Trustee or director | 2 | $0 | $0 |
| STACEY LUNA | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR ERIC TODD | PRINCIPAL - NACP Highest-paid employee | 40 | $134,170 | $25,677 |
| MARTA SANCHEZ | TEACHER Highest-paid employee | 40 | $122,459 | $23,267 |
| SARA ABRONSON | PSYCHOLOGIST/COUNSELOR Highest-paid employee | 40 | $116,515 | $22,138 |
| DR NELSY JACKSON | PRINCIPAL - NASA Highest-paid employee | 40 | $114,470 | $21,003 |
| EDDIE CASTRO | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $110,565 | $0 |
| MARY ROSAS | MEMBER Trustee or director | 2 | $0 | $0 |
| BETH TISHLER | MEMBER Trustee or director | 2 | $0 | $0 |
| BEA STOTZER | MEMBER Trustee or director | 2 | $0 | $0 |
| PATRICIA DIDONATO | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BRENT BRADLEY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MARTA ARIAS | VICE PRESIDENT Trustee or director | 2 | $0 | $0 |
| VICTOR GIL | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 379 LOMA DR, LOS ANGELES, CA 90017-1103
- In care of
- % MAGGIE CERVANTES
- Principal officer (990 for 2024)
- MARY ROSAS, 379 SOUTH LOMA AVE, LOS ANGELES, CA 900171142
- Signed the 990
- MARY ROSAS, PRESIDENT
- Phone
- (213) 413-9183
- Website
- NEWNASA.ORG
- Return prepared by
- CHRISTY WHITE ASSOCIATES
Mission
TO CREATE A CHILD-CENTERED ENVIRONMENT WHERE STUDENTS ARE ABLE TO WORK COOPERATIVELY, BECOME SELF-DIRECTED, THINK CRITICALLY, DEVELOP SELF-ESTEEM AND SELF ASSURANCE AND HAVE RESPECT FOR CULTURAL DIVERSITY.
Program accomplishments
- OPERATION OF TWO (2) PUBLIC CHARTER SCHOOLS PROVIDING CLASSROOM-BASED INSTRUCTION TO STUDENTS IN GRADES TK TO 5: N.E.W. ACADEMY CANOGA PARK AND N.E.W. ACADEMY OF SCIENCE AND ARTS. TOGETHER, NEW ACADEMY HAS THREE SPECIFIC PERFORMANCE OBJECTIVES:(1) TO PROMOTE STUDENT PROGRESS IN ACADEMIC AND ARTISTIC ACHIEVEMENT, WITH AN EMPHASIS IN THE ARTS AND SCIENCES,(2) TO DEVELOP SOCIAL, AS WELL AS COMMUNITY ETHICS AND VALUES IN THE STUDENTS' CHARACTER DEVELOPMENT WITH PARENTAL PARTICIPATION, AND(3) TO IMPLEMENT THE MOST APPROPRIATE CURRICULUM FOR EVERY CHILD AFTER INITIAL ASSESSMENT.Expenses $18,120,147 · revenue $93,686
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
- 20-0201111
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $23,768,501
- Income (IRS master file)
- $20,422,143
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $20,408,478 | $20,428,892 | $23,768,501 | IRS |
| 990 | June 2024 | $19,542,343 | $18,216,335 | $24,319,999 | IRS |
| 990 | June 2023 | $19,818,772 | $17,088,922 | $23,353,647 | IRS |
| 990 | June 2022 | $16,393,037 | $14,320,766 | $13,929,645 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about NEW ACADEMY
- What is the EIN of NEW ACADEMY?
- The employer identification number (EIN) of NEW ACADEMY is 20-0201111.
- Is NEW ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to NEW ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW ACADEMY 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 ACADEMY 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 ACADEMY 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 ACADEMY?
- The 990 for the year ended June 30, 2025 names MARY ROSAS.
- Who are the officers and directors of NEW ACADEMY?
- The 990 for the year ended June 30, 2025 lists 12 people; 5 received compensation from the organization, the highest $160,833 (MARTA SANCHEZ, TEACHER).
- How much revenue does NEW ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $20,408,478, expenses of $20,428,892 and total assets of $23,768,501 at year end.
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