Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 82-4087161

NEW DAY SCHOOLS INC

Tax-exempt · MEMPHIS, TN 38103

Financials

$19M$17M2022$24.9M$18.8M2023$24.7M$21.1M2024
Revenue Expenses · by fiscal year end
Financials of NEW DAY SCHOOLS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$24,689,394$21,121,299$3,568,095$26,837,145$3,034,662$23,802,483
June 30, 2024990$24,897,810$18,764,912$6,132,898$22,267,746$2,033,358$20,234,388
June 30, 2023990$19,019,198$17,016,719$2,002,479$16,212,539$2,111,049$14,101,490
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,780,975
of which government grants
$3,737,099
Program service revenue
$19,132,159
Investment income
$221,986
Other revenue
$554,274

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$384,748
Other salaries and wages
$11,988,575
Salaries, compensation and benefits (total)
$14,912,345
Professional fundraising fees
$0
Occupancy
$1,465,998
Depreciation
$702,052
Program services (functional)
$19,204,891
Management and general (functional)
$1,916,408

Balance sheet and other

Total assets, start of year
$22,267,746
Total assets, end of year
$26,837,145
Total liabilities, end of year
$3,034,662
Net assets, end of year
$23,802,483
Land, buildings and equipment
$10,814,418
Net assets without donor restrictions
$21,143,625
Net assets with donor restrictions
$2,658,858
Gross receipts
$24,689,394
Employees
264
Volunteers
0
Year formed
2017
State of legal domicile
TN

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.

NameTitleHours / weekCompensation
KRISTI BAIRDEXECUTIVE DIRECTOR
Officer
40$241,999
ELIZABETH WOODCOCKCHIEF OPERATING OFFICER
Officer
40$142,749
JAMES SHELTONHCE
Highest-paid employee
40$137,491
SONDRA TAYLOR MORRISHCE
Highest-paid employee
40$118,812
RACHEL LOUISE MARINARIHCE
Highest-paid employee
40$107,899
DR RICHARD POTTSPRESIDENT
Trustee or director
1$0
MARTIN PETRUSEKTREASURER
Trustee or director
1$0
TERESA SLOYANDIRECTOR
Trustee or director
1$0
DR JOHN SMARRELLIDIRECTOR
Trustee or director
1$0
J MARTIN REGANSECRETARY
Trustee or director
1$0
MICHAEL ALLENDIRECTOR
Trustee or director
1$0
KATHLEEN GOMESDIRECTOR
Trustee or director
1$0
VERNUA HARAHANDIRECTOR
Trustee or director
1$0
LESLIE JONESDIRECTOR
Trustee or director
1$0
J TERRY STEIBDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
KRISTI BAIRDEXECUTIVE DIRECTOR
Officer
40$215,023
ELIZABETH WOODCOCKCHIEF OPERATING OFFICER
Officer
40$151,644
JAMES SHELTONHCE
Highest-paid employee
1$109,071
RACHEL LOUISE MARINARIHCE
Highest-paid employee
1$102,316
DR RICHARD POTTSPRESIDENT
Trustee or director, Officer
1$0
MARTIN PETRUSEKTREASURER
Trustee or director, Officer
1$0
MARTY REGANSECRETARY
Trustee or director, Officer
1$0
EMILY GREERDIRECTOR
Trustee or director
1$0
TERESA SLOYANDIRECTOR
Trustee or director
1$0
DR JOHN SMARRELLIDIRECTOR
Trustee or director
1$0
BISHOP ENERITUS J TERRY STEIBDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
KRISTI BAIRDEXECUTIVE DIRECTOR
Officer
40$167,622$7,030
ELIZABETH WOODCOCKCHIEF OPERATING OFFICER
Officer
40$124,685$7,029
DR RICHARD POTTSCHAIRMAN
Trustee or director
1$0$0
MARTIN PETRUSEKTREASURER
Trustee or director
1$0$0
MARTY REGANSECRETARY
Trustee or director
1$0$0
EMILY GREERDIRECTOR
Trustee or director
1$0$0
TERESA SLOYANDIRECTOR
Trustee or director
1$0$0
DR JOHN SMARRELLIDIRECTOR
Trustee or director
1$0$0
BISHOP ENERITUS J TERRY STEIBDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
40 S MAIN ST STE 2900, MEMPHIS, TN 38103-5529
In care of
% CASEY SHANNON
Principal officer (990 for 2024)
KRISTI BAIRD, 61 N MCLEAN BLVD, MEMPHIS, TN 38104
Signed the 990
KRISTI BAIRD, EXECUTIVE DIRECTOR
Phone
(901) 618-7422
Return prepared by
CROSSLIN PLLC

Mission

PREPARE STUDENTS FOR COLLEGE AND LIFE-LONG SUCCESS BY DEVELOPING THE WHOLE CHILD THROUGH A FOCUS ON ACADEMIC EXCELLENCE, VALUES-BASED CHARACTER EDUCATION, AND SERVICE LEARNING IN THE COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • SEE ADDITIONAL DATA.
    Expenses $19,204,891 · revenue $19,686,433

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
82-4087161
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
2018
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$26,837,145
Income (IRS master file)
$24,689,394

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$24,689,394$21,121,299$26,837,145IRS
990June 2024$24,897,810$18,764,912$22,267,746XML
990June 2023$19,019,198$17,016,719$16,212,539XML
990June 2022$20,547,057$14,353,930$16,261,441IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990-EZJune 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 82-4087161).

Questions about NEW DAY SCHOOLS INC

What is the EIN of NEW DAY SCHOOLS INC?
The employer identification number (EIN) of NEW DAY SCHOOLS INC is 82-4087161.
Is NEW DAY SCHOOLS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to NEW DAY SCHOOLS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW DAY SCHOOLS INC 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 DAY SCHOOLS INC 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 DAY SCHOOLS INC 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 DAY SCHOOLS INC?
The 990 for the year ended June 30, 2025 names KRISTI BAIRD.
Who are the officers and directors of NEW DAY SCHOOLS INC?
The 990 for the year ended June 30, 2025 lists 15 people; 5 received compensation from the organization, the highest $241,999 (KRISTI BAIRD, EXECUTIVE DIRECTOR).
How much revenue does NEW DAY SCHOOLS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $24,689,394, expenses of $21,121,299 and total assets of $26,837,145 at year end.

Other nonprofits in MEMPHIS

All nonprofits in MEMPHIS · Tennessee · Education