New School at Chambers Bay

Tax-deductible

University Pl, WA501(c)(3)Human ServicesEIN 85-1137533Revenue $1.3M in FY2024

On file with the IRSthenewschoolatchambersbay.us5000 67th Ave W, 98467-2238 · University Pl, WATax-exempt since Jun 2020Publicly supported charity — 170(b)(1)(A)(vi)

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Early childhood development. To provide high-quality, developmentally relevant and spiritually-based educational experience for young children in an encouraging, compassionate and welcoming environment.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$24K 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $74K a year · 5% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$24K
to officers and key staff · 2% of spending
Top officer’s pay lower than 98% of similar orgs
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $21K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$77K
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
-18% vs prior year
Spent
$1.4M
To programs
84%
Net assets
$147K
By yearFY2020–FY2024
Revenue
$1.3M
FY2024▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$62K
FY2021$677K
FY2022$1.8M
FY2023$1.6M
FY2024$1.3M
Expenses
$1.4M
FY2024▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$1.2M
FY2022$1.2M
FY2023$1.4M
FY2024$1.4M
Net assets
$147K
FY2024▼ -16%
Tap a bar for its year
Net assets by fiscal year
FY2020−$149K
FY2021−$645K
FY2022−$22K
FY2023$174K
FY2024$147K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2020.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $1.1M Management & general 15% · $205K Fundraising 1% · $18K

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

3 people listed on the 990; $24K paid to officers and key staff.

Part VII, Section A · reportable compensation
Secretary, School Ambassad
$24,000Pt VII · Sec A
President & Director
$0Pt VII · Sec A
Vice President, Treasurer
$0Pt VII · Sec A

Melanie Grassi-Wood’s $24K as Secretary, School Ambassad is at the 2nd percentile of top reported officer pay among 3869 $1–10M human services 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 · 1 named individual · Part VII

NameFY2024FY2023FY2021
Melanie Grassi-Wood$24,000$24,000$14,000

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II3 listed

Programs and updates

Nurtures young children with quality, faith-based education in a supportive environment.

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2024
01

Provided high-quality, developmentally relevant and spiritually-based educational experience for young children in an encouraging, compassionate and welcoming environment.

$1.1Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2021
Total grants receivedfrom 2 funders$21K
Grants paid · 2 grants · $20K · 2022–2022
Amazon Outreach INCAK · FY2022$10,000
Full Gospel ChurchAK · FY2022$10,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.1M
Gifts and grantsLn 1h$213K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.1M
Managementcol C$205K
Fundraisingcol D$18K
Owns and owesPt X
$147K
net assets · Ln 32
Cash and savingsLn 1–2$7K
Total assetsLn 16$224K
LiabilitiesLn 26$77K
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$213K
Fees for servicesLn 2g$1.1M
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$7K
Cash and savings togetherLn 1–2$7K
Land, buildings, equipmentLn 10c$59K
Total assetsLn 16$224K
LiabilitiesLn 26$77K
Net assetsLn 32$147K
OperationsPt I, VI
EmployeesI 548
VolunteersI 60
Fiscal year endsHeaderDecember
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$593$7K
Land, buildings, equipmentLn 10c$65K$59K
Total assetsLn 16$174K$224K
LiabilitiesLn 26$44$77K
Net assetsLn 32$174K$147K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Pay of current officers, directors and key staffLn 5$24K$24K
Other salaries and wagesLn 7$654K$580K$73K
Other employee benefitsLn 9$31K$11K$20K
Payroll taxesLn 10$67K$57K$10K
Legal feesLn 11b$3K$3K
Other fees for servicesLn 11g$6K$1K$5K
Advertising and promotionLn 12$16K$16K
Office expensesLn 13$1K$1K
Information technologyLn 14$29K$22K$6K$1K
OccupancyLn 16$425K$383K$43K
TravelLn 17$83$83
InterestLn 20$184$184
Payments to affiliatesLn 21$4K$4K
Depreciation, depletion and amortizationLn 22$20K$20K
InsuranceLn 23$12K$6K$6K
Other expenses (24a–d)Ln 24$46K$36K$10K$222
All other expensesLn 24e$8K$3K$5K
Total functional expensesLn 25$1.4M$1.1M$205K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.3M$1.4M−$27K$147K 990 PDF
FY2023 $1.6M$1.4M$197K$174K 990 PDF
FY2022 $1.8M$1.2M$623K−$22K 990 PDF
FY2021 $677K$1.2M−$496K−$645K 990 PDF
FY2020 $62K−$149K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,323,775 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $378,471$213,232
I-9 Program service revenuePrior year $1,240,248$1,110,543
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,618,719$1,323,775
I-13 Grants and similar amounts paidPrior year $0$4,800
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $804,655$775,306
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $617,457$570,985
I-18 Total expensesPrior year $1,422,112$1,351,091
I-19 Revenue less expensesPrior year $196,607−$27,316
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
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 $1,323,775 across 4 lines filed
VIII-1d Related organizations$213,232
VIII-1h Total contributions, gifts and grants$213,232
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,110,543$1,110,543
VIII-12 Total revenueRelated to mission $1,110,543 · Unrelated business $0 · Excluded from tax $0$1,323,775
Part IX · Statement of functional expenses $1,351,091 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $4,800$4,800
IX-5 Pay of current officers, directors and key staffManagement $24,000$24,000
IX-7 Other salaries and wagesPrograms $580,491 · Management $73,321$653,812
IX-9 Other employee benefitsPrograms $11,237 · Management $19,625$30,862
IX-10 Payroll taxesPrograms $57,122 · Management $9,510$66,632
IX-11b Legal feesManagement $3,250$3,250
IX-11g Other fees for servicesPrograms $1,049 · Management $4,789$5,838
IX-12 Advertising and promotionFundraising $16,215$16,215
IX-13 Office expensesManagement $1,199$1,199
IX-14 Information technologyPrograms $21,876 · Management $5,833 · Fundraising $1,458$29,167
IX-16 OccupancyPrograms $382,566 · Management $42,507$425,073
IX-17 TravelManagement $83$83
IX-20 InterestManagement $184$184
IX-21 Payments to affiliatesPrograms $3,827$3,827
IX-22 Depreciation, depletion and amortizationPrograms $20,255$20,255
IX-23 InsurancePrograms $5,885 · Management $5,885$11,770
IX-24 Other expenses (24a–d)Programs $36,482 · Management $9,779 · Fundraising $222$46,483
IX-24e All other expensesPrograms $2,672 · Management $4,969$7,641
IX-25 Total functional expensesPrograms $1,128,262 · Management $204,934 · Fundraising $17,895$1,351,091
Part X · Balance sheet $224,302 assets, 8 lines filed
Asset lines not itemized here account for $159,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $593$6,700
X-10c Land, buildings and equipment, netStart of year $64,832$58,602
X-16 Total assetsStart of year $174,425$224,302
X-17 Accounts payable and accrued expensesStart of year $44$0
X-24 Unsecured notes and loans payable$77,237
X-26 Total liabilitiesStart of year $44$77,237
X-32 Total net assets or fund balancesStart of year $174,381$147,065
X-33 Total liabilities and net assetsStart of year $174,425$224,302
Part XI · Reconciliation of net assets $147,065 net assets at year end
XI-1 Total revenue$1,323,775
XI-2 Total expenses$1,351,091
XI-3 Revenue less expenses−$27,316
XI-4 Net assets at start of year$174,381
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$147,065

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

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