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The New Common School Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 383326860 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

Overview

What is The New Common School Foundation?

The New Common School Foundation, based in Detroit, Michigan, is a dedicated nonprofit organization with a mission to establish a sustainable model of excellence for a new common school within a supportive community. This foundation has played a significant role in research, development, and creation of this innovative educational institution, aiming to serve all students. Additionally, it supports scholarship and learning opportunities for urban children, develops partnership programs to enrich children's education, purchases facilities for their use, and organizes fundraising events to aid grant-making and fund development in their mission areas. Currently, the foundation employs 14 individuals in its noble endeavor.


Is The New Common School Foundation legitimate?

The New Common School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Common School Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $526,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $448,190

For more financial information, click here


What is the mission statement of The New Common School Foundation?
Who is the CEO of The New Common School Foundation?
What is the revenue of The New Common School Foundation?
Who are the executives of The New Common School Foundation and what are their salaries?
Where can I find the form 990 for The New Common School Foundation?

Mission Statement of The New Common School Foundation

The New Common School Foundation is committed to establishing a sustainable model of excellence for a new community school, aiming to cater to all students. The organization's primary mission is twofold: first, it seeks to build this model within a broad, devoted, and engaged community. Second, it aims to replicate this successful model. By achieving these goals, The Foundation aspires to create a positive impact on education, particularly for urban children, by providing them with scholarship and learning opportunities.

To achieve its mission, The New Common School Foundation engages in various activities. It conducts research, develops, creates, and supports a new common school, ensuring that it offers a high-quality education to all students. In addition, the foundation supports scholarship and learning opportunities for urban children, recognizing the importance of education in their lives. To further enrich the education of children, The Foundation develops partner programs, collaborating with other organizations to provide additional resources and experiences for students. Furthermore, The Foundation invests in facilities and organizes fundraising events to support its mission, ensuring that it has the necessary resources to achieve its goals.

Impact

This information is meant to be a general summary of The New Common School Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The New Common School Foundation has had a significant impact on education in Detroit and beyond. By building a sustainable model of excellence for a new common school and supporting scholarship and learning opportunities for urban children, the foundation has played a crucial role in improving educational outcomes for students. Additionally, through partner programs, facility acquisition, and fundraising events, the foundation has been able to enrich the education of children and support grant making and fund development in its mission areas. Overall, The New Common School Foundation's efforts have contributed to the creation of a nurturing and supportive educational environment for students, fostering a love for learning and academic success.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $45,109
  • Program Service Revenue: $3,114,671
  • Gross Receipts: $7,000,110

    • Assets and Liabilities:
  • Total Assets: $44,389,188
  • Total Liabilities: $10,039,776
  • Net Assets: $34,349,412
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE REV.

    Revenue

    $3,114,671

    Organization Details

    Founding Year

    1996

    Principal Officer

    Clark Durant

    Main Address

    6861 E NEVADA, DETROIT, MI, 48234

    NTEE Category

    Code: B80 - Education

    If you are a representative of The New Common School Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.