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New Roads School

Santa Monica, CA · EIN 95-4823489 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

New Roads School reported $32.1 million in revenue and $32.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.56 went to program services, $15.99 to management and general costs and $3.45 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.7% of the total. The highest compensation it reported for one person was $377,257 (ASSOCIATE HOS (UNTIL 08/2024)). 42 people received more than $100,000 in reportable compensation. Revenue rose 29% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $33M

For 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 June 30, 2025 · Form 990, Part VIII · total revenue $32M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
16.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.5%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.56$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
6.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
92.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$377,257$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.15%1.28%
People paid over $100,000
Part VII, line 2
428
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.313.3
Independent voting board members
Part VI 1a–1b
19 of 19100.0%

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 expense
$26M expenses · 100.0% of program spending · grants $8.9M · revenue $30M

In an authentically diverse community reflective of los angeles, during the fiscal year ended june 30, 2025 New Roads prepared young people for life by developing in them a personal dedication to learning, a respect for independent thinking, an expanding curiosity about the world and its people, and a commitment to the common good

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
ASSOCIATE HOS (UNTIL 08/2024)
Key employee, 40.00 hrs/week
$352,457$0$24,800$377,257
FORMER HEAD OF SCHOOL
Former, 0.00 hrs/week
$329,962$0$0$329,962
HEAD OF SCHOOL (FROM 07/2024)
Officer, 40.00 hrs/week
$223,846$0$5,636$229,482
UPPER SCHOOL DIRECTOR
Highest compensated employee, 40.00 hrs/week
$170,932$0$24,883$195,815
MIDDLE SCHOOL DIRECTOR
Highest compensated employee, 40.00 hrs/week
$160,098$0$18,249$178,347
DIRECTOR OF ADMISSIONS
Highest compensated employee, 40.00 hrs/week
$152,591$0$17,749$170,340
UPPER SCHOOL ACADEMIC DEAN & ASST DIR
Highest compensated employee, 40.00 hrs/week
$158,790$0$9,527$168,317
ELEMENTARY SCHOOL DIRECTOR
Highest compensated employee, 40.00 hrs/week
$152,850$0$11,954$164,804

42 people received more than $100,000 in reportable compensation from New Roads School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $877K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$32M$33M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$32M$33M80.6%$28M$377,257
FY2024 ⓘ$31M$34M83.0%$28M$409,451
FY2023 ⓘ$28M$34M82.2%$30M$385,409
FY2022 ⓘ$30M$28M84.3%$37M$384,515
FY2021 ⓘ$29M$25M84.0%$36M$379,958
FY2020 ⓘ$25M$25M82.4%$32M$378,176

Governance 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–1b19 · 19 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • 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 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5247
  • Volunteers Part I, line 685

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
KARAS SECURITY SERVICES
Security
$310,533
JONES & ASSOCIATES
Cfo/accounting
$177,637
ELITE COMMERCIAL CLEANING
Janitorial/facilities
$177,127
HR ACADEMIA INC
Hr services
$107,067
R&M CONSTRUCTION
Building, maintenance & construction
$105,222

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

16 private foundations reported grants to New Roads School totaling $599K 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 Roads School'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 Roads School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in California

Questions people ask

How much of New Roads School's spending goes to programs?

In the fiscal year ending June 30, 2025, New Roads School reported that 80.6% of its $32.9 million in expenses went to program services, 16.0% to management and general and 3.5% to fundraising (Form 990, Part IX).

How much does New Roads School pay its top executive?

The largest total compensation New Roads School reported for one person in the fiscal year ending June 30, 2025 was $377,257, for the role of ASSOCIATE HOS (UNTIL 08/2024) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does New Roads School get its money?

Of $32.1 million in revenue in the fiscal year ending June 30, 2025, 6.3% came from contributions and grants and 92.7% from program service revenue (Form 990, Part VIII).

Is New Roads School a registered charity?

The IRS lists EIN 95-4823489 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 June 30, 2025, object 202631319349306603 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521299349302752 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349300109 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311029349300326 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231299349303163 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101329349303025 · read the filing

All filings for EIN 95-4823489: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.