Nonprofit · EIN 54-0973221
NEW COMMUNITY SCHOOL
Tax-exempt · RICHMOND, VA 23227
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,380,276 | $9,614,180 | -$233,904 | $25,864,544 | $1,945,662 | $23,918,882 |
| June 30, 2024 | 990 | $9,302,148 | $8,355,408 | $946,740 | $24,908,486 | $1,496,895 | $23,411,591 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,240,907
- Program service revenue
- $7,752,711
- Investment income
- $347,311
- Net rental income
- $22,720
- Net gain from sales of assets
- -$7,955
- Net income from sales of inventory
- $1,326
- Other revenue
- $39,347
Expenses
- Grants and similar amounts paid
- $1,133,287
- Compensation of officers, directors and key employees
- $531,760
- Other salaries and wages
- $4,503,843
- Salaries, compensation and benefits (total)
- $6,317,113
- Professional fundraising fees
- $0
- Legal fees
- $94,430
- Accounting fees
- $33,650
- Occupancy
- $429,101
- Depreciation
- $740,861
- Program services (functional)
- $7,941,951
- Management and general (functional)
- $1,160,619
- Fundraising (functional)
- $511,610
Balance sheet and other
- Total assets, start of year
- $24,908,486
- Total assets, end of year
- $25,864,544
- Total liabilities, end of year
- $1,945,662
- Net assets, end of year
- $23,918,882
- Land, buildings and equipment
- $12,442,465
- Publicly traded securities
- $8,070,917
- Net assets without donor restrictions
- $14,542,739
- Net assets with donor restrictions
- $9,376,143
- Gross receipts
- $9,621,561
- Employees
- 98
- Volunteers
- 50
- Year formed
- 1974
- State of legal domicile
- VA
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 |
|---|---|---|---|---|
| NANCY FOY | HEAD OF SCHO Officer | 50 | $220,099 | $26,533 |
| JOY BUZZARD | DIR. FINANCE Officer | 50 | $120,423 | $16,300 |
| SCOTT BRAY | ASSOC HEAD O Officer | 50 | $112,455 | $16,123 |
| AMANDA SURGNER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PETTUS LECOMPTE | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| CORYNNE ARNETT | PRES. ELCT/T Trustee or director, Officer | 1 | $0 | $0 |
| AMANDA AGHDAMI | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PETE SCHROCK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL BLAND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TRACEY BOSEMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAUREEN DENLEA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TOBY DESCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK GOTTWALD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FRANK HARGROVE III | TRUSTEE Trustee or director | – | $0 | $0 |
| VIRGINIA MCANDREW | TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE MCVEY | TRUSTEE Trustee or director | 1 | $0 |
| TREY PRUITT | TRUSTEE Trustee or director | 1 | $0 |
| BRUDE STOEVER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NANCY FOY | HEAD OF SCHO Officer | 50 | $210,685 | $31,036 |
| JOY BUZZARD | DIR. FINANCE Officer | 50 | $116,439 | $15,982 |
| SCOTT BRAY | ASSOC HEAD O Officer | 50 | $107,777 | $15,212 |
| AMANDA SURGNER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| WILSON FRIEND | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| MIKE KERR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PETTUS LECOMPTE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TRACEY BOSEMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAUREEN DENLEA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEITH DULL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK GOTTWALD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GEORGE MCVEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FRANK HARGROVE III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TREY PRUITT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRUDE STOEVER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CORYNNE ARNETT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AMANDA AGHDAMI | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4211 HERMITAGE RD, RICHMOND, VA 23227-3718
- Principal officer (990 for 2024)
- NANCY FOY, 4211 HERMITAGE RD, RICHMOND, VA 23227
- Signed the 990
- NANCY FOY, HEAD OF SCHOOL
- Phone
- (804) 266-2494
- Website
- TNCS.ORG
- Return prepared by
- WELLSCOLEMAN
Mission
THE NEW COMMUNITY SCHOOL EMPOWERS BRIGHT, TALENTED STUDENTS WHO ARE CHALLENGED BY DYSLEXIA AND RELATED LEARNING DIFFERENCES. THE INNOVATIVE AND RESEARCH-BASED COLLEGE PREPARATORY CURRICULUM USES A CUSTOMIZED EDUCATIONAL APPROACH TO BUILD SKILLS AND TO FOSTER ACADEMIC AND PERSONAL STREGTHS - IGNITING THE PASSIONS AND GIFTS OF UNIQUE MINDS.
Program accomplishments
- IN THE 2024-25 FISCAL YEAR, THE NEW COMMUNITY SCHOOL ENROLLED 212 STUDENTS IN GRADES 5-12. FOR 50 YEARS, TNCS HAS BEEN THE REGION'S ONLY MIDDLE AND UPPER SCHOOL DEDICATED TO EMPOWERING BRIGHT, TALENTED STUDENTS WHO ARE CHALLENGED BY DYSLEXIA AND RELATED LEARNING DIFFERENCES. AN INNOVATIVE COLLEGE PREPARATORY CURRICULUM USES A CUSTOMIZED EDUCATIONAL APPROACH TO BUILD SKILLS AND FOSTER ACADEMIC AND PERSONAL STRENGTHS. SMALL CLASS SIZES, A 4:1 STUDENT TEACHER RATIO, AND A DEDICATED FACULTY ENSURE THAT ALL STUDENTS ACQUIRE THE TOOLS AND STRATEGIES THEY NEED TO SUCCEED. VIBRANT STUDENT LIFE, ELECTIVES, ATHLETICS, AND WELLNESS PROGRAMS HELP LAUNCH STUDENTS WITH THE KNOWLEDGE, SKILLS, AND RESILIENCE TO PURSUE THEIR PASSIONS, NAVIGATE THE OPPORTUNITIES AND CHALLENGES OF THEIR WORLD, AND LIVE THEIR LIVES WITH COURAGE, COMPASSION, AND PURPOSE.Expenses $7,941,951 · grants $1,133,287 · revenue $7,752,711
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
- 54-0973221
- 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
- 1974
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $25,864,544
- Income (IRS master file)
- $9,621,561
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,380,276 | $9,614,180 | $25,864,544 | XML |
| 990 | June 2024 | $9,302,148 | $8,355,408 | $24,908,486 | XML |
| 990 | June 2023 | $8,326,208 | $7,934,689 | $24,474,453 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 54-0973221).
Questions about NEW COMMUNITY SCHOOL
- What is the EIN of NEW COMMUNITY SCHOOL?
- The employer identification number (EIN) of NEW COMMUNITY SCHOOL is 54-0973221.
- Is NEW COMMUNITY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
- Are donations to NEW COMMUNITY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW COMMUNITY SCHOOL 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 COMMUNITY SCHOOL 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 COMMUNITY SCHOOL 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 COMMUNITY SCHOOL?
- The 990 for the year ended June 30, 2025 names NANCY FOY.
- Who are the officers and directors of NEW COMMUNITY SCHOOL?
- The 990 for the year ended June 30, 2025 lists 18 people; 3 received compensation from the organization, the highest $220,099 (NANCY FOY, HEAD OF SCHO).
- How much revenue does NEW COMMUNITY SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,380,276, expenses of $9,614,180 and total assets of $25,864,544 at year end.
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