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New Leaders

EIN 04-3519203 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood79 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

NEW LEADERS DEVELOPS TRANSFORMATIONAL SCHOOL LEADERS AND ADVANCES POLICIES AND PRACTICES THAT ENSURE HIGH ACADEMIC ACHIEVEMENT FOR ALL CHILDREN - ESPECIALLY FOR STUDENTS FROM UNDER-RESOURCED COMMUNITIES.

Income
$21.9 million
Spending
$23.3 million
Spent on programs
77%
Reserves
13.1 months of spending
Largest source of income
donations and private grants, 61%
Employees
130
Volunteers
11
Highest pay
$673,868, ceo & board member

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 79 out of 100. Higher than 74% of charities in its peer group (education, $10m to $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 13.1 months of spending.

  • Debt

    20 of 20

    It owes 11% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 6% of income.

  • Income trend

    5 of 15

    Income fell 12% on the year before.

  • Spending floor

    15 of 15

    77% of spending went to programs and raising each dollar of donations cost 10 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 50% of charities in its peer group (education, $10m to $100m).

  • Independent board

    25 of 25

    8 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $6.9 million spent. NATIONAL ASPIRING PRINCIPALS FELLOWSHIP: THE NATIONAL ASPIRING PRINCIPALS FELLOWSHIP IS AN ONLINE PRINCIPAL PREPARATION AND MASTER'S DEGREE PROGRAM THAT TRAINS THE NEXT GENERATION OF EQUITYFOCUSED SCHOOL LEADERS WHO BETTER REFLECT THE STUDENTS THEY SERVE. A FIRST-OF-ITS-KIND PARTNERSHIP WITH TWO PRESTIGIOUS HISTORICALLY BLACK INSTITUTIONS, THE FELLOWSHIP INTEGRATES THE 20+ YEAR RESEARCH AND EVIDENCE-BASE OF NEW LEADERS' NATIONALLY RENOWNED PRINCIPAL PREPARATION PROGRAM AND EQUITY-CENTERED CONCEPTUAL FRAMEWORKS OF OUR UNIVERSITY PARTNERS INTO A TRANSFORMATIVE AND COHORT-BASED ONLINE LEARNING EXPERIENCE.
  2. $6.2 million spent. LEADERSHIP DEVELOPMENT PATHWAYS (SCHOOL & SYSTEM PARTNERSHIPS): THROUGH SCHOOL AND SYSTEM PARTNERSHIPS, NEW LEADERS PROVIDES AN IMMERSIVE, COMPETENCY-BASED TRAINING EXPERIENCE THAT PROVIDES SCHOOL AND DISTRICT LEADERS AT MULTIPLE LEVELS FROM TEACHER LEADERS TO DISTRICT LEADERS WITH THE INTERACTIVE TOOLS, INSTRUCTIONAL STRATEGIES, INDIVIDUALIZED COACHING, AND COMMUNITY SUPPORT TO DELIVER BREAKTHROUGH RESULTS AND SUSTAINED STUDENT OUTCOMES.
  3. $3.6 million spent. STRATEGIC PARTNERSHIPS: STRATEGIC PARTNERSHIP SERVICES OFFER TARGETED GUIDANCE TO HELP SENIOR DISTRICT AND OTHER SYSTEM LEADERS DEVELOP ACTIONABLE STRATEGIES AND IMPLEMENTATION PLANS THAT GET RESULTS. THESE SERVICES ARE CUSTOM-TAILORED TO MEET THE NEEDS OF EACH DISTRICT OR SYSTEM, BUT MAY INCLUDE SUPPORT AROUND ORGANIZATIONAL EFFECTIVENESS, SYSTEM-WIDE DIAGNOSTICS, ACTION PLANNING AND KPLS, PERFORMANCE MANAGEMENT, AND CULTURE AND CLIMATE PLANNING.
  4. $1.1 million spent. OTHER PROGRAMS

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.