New Tech Network works closely with leadership teams and classroom educators to make change scalable and sustainable. Our mission is to support change agents at the school and district levels by shifting the way educational change happens.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$1.8M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $135K a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.8M
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 9.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $2.6M
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.1M
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.5M
+12% vs prior year
Spent
$9.9M
To programs
81%
Net assets
$5.4M
By yearFY2020–FY2025
Revenue
$9.5M
FY2024▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$12.0M
FY2021$13.7M
FY2022$15.0M
FY2023$8.6M
FY2024$9.5M
FY2025$8.1M
Expenses
$9.9M
FY2024▼ -26%
Tap a bar for its year
Expenses by fiscal year
FY2020$13.4M
FY2021$9.7M
FY2022$12.0M
FY2023$13.3M
FY2024$9.9M
FY2025$7.8M
Net assets
$5.4M
FY2024▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.4M
FY2021$7.3M
FY2022$10.5M
FY2023$5.7M
FY2024$5.4M
FY2025$5.7M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $8.0M Management & general 18% · $1.8M Fundraising 1% · $147K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $1.8M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & Co-CEO
$254,905Pt VII · Sec A
Co-CEO
$252,850Pt VII · Sec A
Chief Financial Officer
$195,250Pt VII · Sec A
Chief People & Equity Officer
$181,390Pt VII · Sec A
Managing Director of Growth
$177,850Pt VII · Sec A
Chief Schools Officer (thru 07/23)
$172,512Pt VII · Sec A
Managing Director of Strategy
$164,020Pt VII · Sec A
Managing Director of Development
$163,597Pt VII · Sec A

James May’s $241K as President & CEO is at the 90th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lydia Dobyns—$254,905$322,086$321,741$317,897$315,802
James May$241,090$252,850$109,949—$175,518$172,059
Timothy Presiado———$208,670$207,290$206,634
Eileen Grady$118,892$195,250$200,624$182,959$184,414$181,028
Jenny Boyd Thru 0824$196,567—————
Jenny Boyd—$181,390$195,096———
Megan Pacheco———$194,914$183,112$172,940
Alexis Morgan—$172,512$194,167———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers school leaders and educators to make lasting, scalable changes in education.

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3 programs · $7.6M · in their own filed words · FY2023
01

New Tech Network Fee-For-Service Engagements

NTN whole school model services to enable schools to prepare each student for post-secondary success with the knowledge, skills and mindsets to be ready for college and career. Through coaching and professional development services, schools use the NTN model to support college and career ready outcomes for all students.

$4.8Mprogram expense
02

College Access Network for School Improvement

Networks for school improvement (nsi) grant from the bill & melinda gates foundation (BMGF) -- NTN'S college access network partners with a diverse group of schools and districts to improve college access by leveraging continuous improvement practices.

$2.6Mprogram expense
03

Carnegie Corporation of New York (ccny) Foundation Grant

NTN operationalizes learnings from the past 7 years, further enhancing district and leader capacity to support, lead and sustain deeper learning experiences across district schools. With the support of ccny, NTN will work with 4 districts to reach over 8,000 students, significantly increasing both the opportunities and quality of deeper…

$150Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Greater HorizonsFY2024$1.5M
Total grants receivedfrom 3 funders$2.6M
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$9.5M
Ln 12
Fees for servicesLn 2g$5.2M
Gifts and grantsLn 1h$4.1M
Investment incomeLn 3$176K
Money outPt IX
$9.9M
Ln 25
Programscol B$8.0M
Managementcol C$1.8M
Fundraisingcol D$147K
Owns and owesPt X
$5.4M
net assets · Ln 32
Cash and savingsLn 1–2$7.4M
Total assetsLn 16$8.5M
LiabilitiesLn 26$3.1M
PeoplePt VI, VII
19
listed · VII A
PaidVII A10
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.1M
Fees for servicesLn 2g$5.2M
Investment incomeLn 3$176K
Gains on assetsLn 7−$222K
Total revenueLn 12$9.5M
Assets in detailPt X, end of year
CashLn 1$7.3M
SavingsLn 2$150K
Cash and savings togetherLn 1–2$7.4M
Land, buildings, equipmentLn 10c$40K
Other assetsLn 15$0
Total assetsLn 16$8.5M
LiabilitiesLn 26$3.1M
Net assetsLn 32$5.4M
OperationsPt I, VI
EmployeesI 557
VolunteersI 67
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$6.7M$7.4M
Land, buildings, equipmentLn 10c$373K$40K
Total assetsLn 16$8.6M$8.5M
LiabilitiesLn 26$2.9M$3.1M
Net assetsLn 32$5.7M$5.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$998K$394K$604K
Other salaries and wagesLn 7$4.2M$3.8M$362K$71K
Pension plan contributionsLn 8$189K$169K$16K$3K
Other employee benefitsLn 9$290K$267K$18K$5K
Payroll taxesLn 10$342K$277K$60K$5K
Legal feesLn 11b$25K$25K
Accounting feesLn 11c$61K$61K
Lobbying feesLn 11d$6K$6K
Other fees for servicesLn 11g$616K$608K$8K
Advertising and promotionLn 12$184K$134K$28K$22K
Office expensesLn 13$348K$341K$8K
Information technologyLn 14$569K$360K$180K$29K
OccupancyLn 16$300K$17K$283K
TravelLn 17$431K$342K$89K$307
Conferences, conventions and meetingsLn 19$950K$939K$12K
Depreciation, depletion and amortizationLn 22$117K$103K$14K
Other expenses (24a–d)Ln 24$216K$216K
Total functional expensesLn 25$9.9M$8.0M$1.8M$147K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.1M$7.8M$329K$5.7M 990 PDF
FY2024 Viewing $9.5M$9.9M−$317K$5.4M 990 PDF
FY2023 $8.6M$13.3M−$4.8M$5.7M 990 PDF
FY2022 $15.0M$12.0M$3.0M$10.5M 990 PDF
FY2021 $13.7M$9.7M$3.9M$7.3M 990 PDF
FY2020 $12.0M$13.4M−$1.4M$3.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $9,549,012 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,617,718$4,134,607
I-9 Program service revenuePrior year $5,626,359$5,237,981
I-10 Investment incomePrior year $293,116$176,424
I-11 Other revenuePrior year $19,057$0
I-12 Total revenuePrior year $8,556,250$9,549,012
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $8,673,251$6,041,015
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,635,054$3,824,752
I-18 Total expensesPrior year $13,308,305$9,865,767
I-19 Revenue less expensesPrior year −$4,752,055−$316,755
Part VI · Governance 7 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,549,012 across 6 lines filed
VIII-1f All other contributions, gifts and grants$4,134,607
VIII-1h Total contributions, gifts and grants$4,134,607
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,237,981$5,237,981
VIII-3 Investment incomeExcluded from tax $397,984$397,984
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$221,560−$221,560
VIII-12 Total revenueRelated to mission $5,237,981 · Unrelated business $0 · Excluded from tax $176,424$9,549,012
Part IX · Statement of functional expenses $9,865,767 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $393,936 · Management $604,445$998,381
IX-7 Other salaries and wagesPrograms $3,788,828 · Management $361,730 · Fundraising $70,729$4,221,287
IX-8 Pension plan contributionsPrograms $169,323 · Management $16,116 · Fundraising $3,150$188,589
IX-9 Other employee benefitsPrograms $266,963 · Management $18,379 · Fundraising $5,156$290,498
IX-10 Payroll taxesPrograms $277,414 · Management $60,099 · Fundraising $4,747$342,260
IX-11b Legal feesManagement $25,176$25,176
IX-11c Accounting feesManagement $61,139$61,139
IX-11d Lobbying feesPrograms $6,400$6,400
IX-11g Other fees for servicesPrograms $607,602 · Management $8,371$615,973
IX-12 Advertising and promotionPrograms $133,998 · Management $27,564 · Fundraising $22,227$183,789
IX-13 Office expensesPrograms $340,710 · Management $7,583$348,293
IX-14 Information technologyPrograms $359,993 · Management $180,018 · Fundraising $28,751$568,762
IX-16 OccupancyPrograms $17,182 · Management $283,060$300,242
IX-17 TravelPrograms $342,366 · Management $88,799 · Fundraising $307$431,472
IX-19 Conferences, conventions and meetingsPrograms $938,626 · Fundraising $11,703$950,329
IX-22 Depreciation, depletion and amortizationPrograms $102,859 · Management $14,318$117,177
IX-24 Other expenses (24a–d)Programs $216,000$216,000
IX-25 Total functional expensesPrograms $7,962,200 · Management $1,756,797 · Fundraising $146,770$9,865,767
Part X · Balance sheet $8,538,397 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $6,542,901$7,272,540
X-2 Savings and temporary cash investmentsStart of year $150,000$150,000
X-3 Pledges and grants receivableStart of year $793,000$285,000
X-4 Accounts receivableStart of year $462,239$640,372
X-9 Prepaid expenses and deferred chargesStart of year $271,173$150,677
X-10c Land, buildings and equipment, netStart of year $372,805$39,808
X-15 Other assetsStart of year $2,520$0
X-16 Total assetsStart of year $8,594,638$8,538,397
X-17 Accounts payable and accrued expensesStart of year $1,355,615$583,202
X-19 Deferred revenueStart of year $1,531,072$2,563,999
X-26 Total liabilitiesStart of year $2,886,687$3,147,201
X-27 Net assets without donor restrictionsStart of year $4,914,951$5,106,196
X-28 Net assets with donor restrictionsStart of year $793,000$285,000
X-32 Total net assets or fund balancesStart of year $5,707,951$5,391,196
X-33 Total liabilities and net assetsStart of year $8,594,638$8,538,397
Part XI · Reconciliation of net assets $5,391,196 net assets at year end
XI-1 Total revenue$9,549,012
XI-2 Total expenses$9,865,767
XI-3 Revenue less expenses−$316,755
XI-4 Net assets at start of year$5,707,951
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,391,196

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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