Nonprofit · EIN 71-0422196
THE NEW SCHOOL
Tax-exempt · FAYETTEVILLE, AR 72703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,088,086 | $11,422,842 | -$334,756 | $31,958,579 | $22,449,719 | $9,508,860 |
| June 30, 2024 | 990 | $9,888,663 | $10,772,414 | -$883,751 | $32,904,313 | $23,100,088 | $9,804,225 |
| June 30, 2023 | 990 | $7,197,573 | $10,259,650 | -$3,062,077 | $34,055,178 | $23,490,001 | $10,565,177 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,156,276
- of which government grants
- $704,700
- Program service revenue
- $7,670,828
- Investment income
- $130,658
- Net gain from sales of assets
- $76,527
- Net income from fundraising events
- $78,798
- Other revenue
- $130,324
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $593,305
- Salaries, compensation and benefits (total)
- $6,374,860
- Professional fundraising fees
- $0
- Legal fees
- $19,972
- Accounting fees
- $93,250
- Occupancy
- $331,046
- Depreciation
- $1,042,586
- Program services (functional)
- $9,357,535
- Management and general (functional)
- $2,024,808
- Fundraising (functional)
- $40,499
Balance sheet and other
- Total assets, start of year
- $32,904,313
- Total assets, end of year
- $31,958,579
- Total liabilities, end of year
- $22,449,719
- Net assets, end of year
- $9,508,860
- Land, buildings and equipment
- $24,976,264
- Publicly traded securities
- $1,862,547
- Net assets without donor restrictions
- $6,204,205
- Net assets with donor restrictions
- $3,304,655
- Gross receipts
- $12,864,311
- Employees
- 238
- Volunteers
- 50
- Year formed
- 1971
- State of legal domicile
- AR
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 LANG | HEAD OF SCHOOL Officer | 60 | $402,985 | $21,409 |
| ERIN GOERKE | CHIEF FINANCIAL OFFICER Officer | 50 | $144,086 | $11,681 |
| JOHN WRIGHT | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| MICHAEL CHANEY | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| BRYAN HUNT | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| RAJA KALI | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| SHELLEY SIMMONS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER DAUT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| AYOOLA CARLETON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| AMY JACOBSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| STACEY STURNER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CALVIN WHITE JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT WILLIAMS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TYLER BROWN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JARED SHOLK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY VINSON | BOARD MEMBER Trustee or director | 2 | $0 |
| EDWARD PREWITT | TRUSTEE EMERITUS Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NANCY LANG | HEAD OF SCHOOL Officer | 60 | $414,308 | $22,266 |
| ERIN GOERKE | CHIEF FINANCIAL OFFICER Officer | 50 | $137,276 | $11,761 |
| EDWARD PREWITT | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| MICHAEL CHANEY | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| BRYAN HUNT | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| JOHN WRIGHT | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| AYOOLA CARLETON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| STACEY STURNER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| FRAN FREE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| AMY JACOBSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SHELLEY SIMMONS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SUSAN PEACOCK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER DAUT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CALVIN WHITE JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RAJA KALI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT WILLIAMS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BERNICE GUILLEN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NANCY LANG | HEAD OF SCHOOL Officer | 60 | $357,101 | $61,042 |
| ERIN GOERKE | CHIEF FINANCIAL OFFICER Officer | 50 | $132,761 | $14,678 |
| EDWARD PREWITT | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| MICHAEL CHANEY | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| BRYAN HUNT | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| JOHN WRIGHT | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| AYOOLA CARLETON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| STACEY STURNER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| FRAN FREE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| AMY JACOBSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SHELLEY SIMMONS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SUSAN PEACOCK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER DAUT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CALVIN WHITE JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RAJA KALI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT WILLIAMS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BERNICE GUILLEN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2514 N NEW SCHOOL PL, FAYETTEVILLE, AR 72703-1821
- In care of
- % MARY SEUBERT
- Principal officer (990 for 2024)
- JOHN WRIGHT, 2514 NEW SCHOOL PLACE, FAYETTEVILLE, AR 72703
- Signed the 990
- JOHN WRIGHT, CHAIR
- Phone
- (479) 521-7037
- Website
- WWW.THENEWSCHOOL.ORG
- Return prepared by
- HOGANTAYLOR LLP
Mission
THE NEW SCHOOL COMMUNITY EMPOWERS EACH STUDENT THROUGH A WELL-ROUNDED EXPERIENCE AND INSPIRES A LOVE OF LIFELONG LEARNING.
Program accomplishments
- PROVIDE SCHOOLING FOR PRE-SCHOOL THROUGH HIGH-SCHOOL AGED CHILDREN.Expenses $9,357,535 · revenue $7,722,354
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
- 71-0422196
- 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
- 1972
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $31,958,579
- Income (IRS master file)
- $12,864,311
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,088,086 | $11,422,842 | $31,958,579 | XML |
| 990 | June 2024 | $9,888,663 | $10,772,414 | $32,904,313 | XML |
| 990 | June 2023 | $7,197,573 | $10,259,650 | $34,055,178 | XML |
| 990 | June 2022 | $6,740,007 | $9,224,237 | $37,205,858 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 71-0422196).
Questions about THE NEW SCHOOL
- What is the EIN of THE NEW SCHOOL?
- The employer identification number (EIN) of THE NEW SCHOOL is 71-0422196.
- Is THE NEW SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to THE NEW SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE NEW 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 THE NEW 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 THE NEW 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 THE NEW SCHOOL?
- The 990 for the year ended June 30, 2025 names JOHN WRIGHT.
- Who are the officers and directors of THE NEW SCHOOL?
- The 990 for the year ended June 30, 2025 lists 17 people; 2 received compensation from the organization, the highest $402,985 (NANCY LANG, HEAD OF SCHOOL).
- How much revenue does THE NEW SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,088,086, expenses of $11,422,842 and total assets of $31,958,579 at year end.
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