New Schools for Alabama
New Schools for Alabama reported $15.3 million in revenue and $14.4 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $93.85 went to program services, $5.70 to management and general costs and $0.45 to fundraising. Its largest source of revenue was contributions and grants: 90.1% of the total. Government grants made up 41.7%. The highest compensation it reported for one person was $233,710 (CHIEF EXECUTIVE OFFICER). 6 people received more than $100,000 in reportable compensation. Revenue rose 656% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $14MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 90.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 41.7% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 8.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $233,710 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.62% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 6 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 13 of 13 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $205,792 | $0 | $27,918 | $233,710 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $177,135 | $0 | $18,836 | $195,971 |
| CHIEF OF STAFF Highest compensated employee, 40.00 hrs/week | $116,353 | $0 | $3,491 | $119,844 |
| CHIEF SCHOOL OFFICER Officer, 40.00 hrs/week | $107,879 | $0 | $5,174 | $113,053 |
| SENIOR DIRECTOR OF LEADER SUPPORT Highest compensated employee, 40.00 hrs/week | $102,276 | $0 | $2,819 | $105,095 |
| CHIEF COMMUNICATIONS OFFIC Officer, 40.00 hrs/week | $100,217 | $0 | $4,749 | $104,966 |
| CHIEF SCHOOL OFFICER Officer, 40.00 hrs/week | $83,384 | $0 | $7,639 | $91,023 |
6 people received more than $100,000 in reportable compensation from New Schools for Alabama (Part VII, line 2). Compensation of current officers, directors and key employees totaled $744K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 516
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to New Schools for Alabama totaling $1.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from New Schools for Alabama's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New Schools for Alabama, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 New Schools for Alabama spent in FY2025, $93.85 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Community DevelopmentRichton, MS · revenue $15M · programs 98.2% · FY2025
- Intrepid College Preparatory SchoolAntioch, TN · revenue $15M · programs 66.6% · FY2025
- Miami Boarding SchoolMiami Lakes, FL · revenue $15M · programs 75.1% · FY2025
- College Association at DelhiDelhi, NY · revenue $15M · programs 92.7% · FY2026
- Orange Coast College FoundationCosta Mesa, CA · revenue $15M · programs 94.1% · FY2025
Questions people ask
How much of New Schools for Alabama's spending goes to programs?
In the fiscal year ending September 30, 2025, New Schools for Alabama reported that 93.9% of its $14.4 million in expenses went to program services, 5.7% to management and general and 0.4% to fundraising (Form 990, Part IX).
How much does New Schools for Alabama pay its top executive?
The largest total compensation New Schools for Alabama reported for one person in the fiscal year ending September 30, 2025 was $233,710, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does New Schools for Alabama get its money?
Of $15.3 million in revenue in the fiscal year ending September 30, 2025, 90.1% came from contributions and grants (including 41.7% from government grants) and 8.6% from program service revenue (Form 990, Part VIII).
Is New Schools for Alabama a registered charity?
The IRS lists EIN 46-3827127 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202602179349301010 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532169349301108 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432259349301063 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342149349300139 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202222229349300927 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202240809349300814 · read the filing
All filings for EIN 46-3827127: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.