Nssf
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE NEW SCHOOL OF SAN FRANCISCO DEMONSTRATES A HOLISTIC, 21ST CENTURY EDUCATION THAT INSTILLS A LOVE OF LEARNING NOW, AND PREPARES STUDENTS AND FAMILIES FOR SUCCESS IN THE FUTURE.
- Income
- $9.8 million
- Spending
- $9.6 million
- Spent on programs
- 87%
- Reserves
- 2.9 months of spending
- Largest source of income
- government grants, 78%
- Employees
- 86
- Volunteers
- 25
- Highest pay
- $214,598, co-founder/executive director
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: 71 out of 100. Higher than 55% of charities in its peer group (education, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.9 months of spending.
Debt
16 of 20It owes 21% of what it owns.
Living within its means
15 of 15Income exceeded spending by 2% of income.
Income trend
15 of 15Income rose 3% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 0 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
Good: 85 out of 100. Higher than 47% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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 (2)
- $7.0 million spent. THE NEW SCHOOL OF SAN FRANCISCO (NSSF) IS DESIGNED TO MEET THE EVER-CHANGING NEEDS OF STUDENTS GROWING UP IN SAN FRANCISCO AND WILL ENSURE THAT ALL CHILDREN RECEIVE A RICH, INDIVIDUALIZED, JOYFUL AND RIGOROUS EDUCATION THAT PREPARES THEM TO THRIVE IN THE 21ST CENTURY. NSSF IS DESIGNED IN PARTNERSHIP WITH PARENTS, EDUCATORS, STUDENTS, DISTRICT LEADERS AND COMMUNITY ORGANIZATIONS TO INCUBATE AND DELIVER AN ALTERNATIVE, EXCEPTIONAL APPROACH TO TEACHING AND LEARNING. NSSF WILL BE A TK TO 12TH GRADE INQUIRY-BASED SCHOOL. OPENING IN FALL 2015 WITH TWO KINDERGARTEN CLASSES, NSSF HAS GROWN TO SERVE APPROXIAMTELY 457 STUDENTS IN GRADES TRANSITIONAL KINDERGARTEN (TK) TO 8.
- $1.3 million spent. PREVIOUSLY REPORTED COSTS FOR CONSTRUCTION IN PROGRESS OF $1,342,673 WERE REDUCED IN THE CURRENT YEAR. THE REDUCTION IS AN UNUSUAL AND INFREQUENTLY OCCURRING ITEM DUE TO AN ABANDONED OR CANCELLED CONSTRUCTION PROJECT. THE ORGANIZATION WAS ACTIVELY NEGOTIATING A PURCHASE AND SALE AGREEMENT FOR REAL PROPERTY LOCATED AT 1500 VALENCIA STREET IN SAN FRANCISCO, CALIFORNIA; HOWEVER, PLANNING FOR ANY POTENTIAL PROJECT HAS BEEN HALTED.
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
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 September 7, 2026.
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 September 30, 2026.
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 September 10, 2026.
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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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 7, 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.