Virginia · Nonprofit
NEW SCHOOLS FOR VIRGINIA
NEW SCHOOLS FOR VIRGINIA (Virginia) receives grants from 4 organizations whose IRS filings report $1,445,000 to it, the largest being RED GATES FOUNDATION ($1,350,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $45
- Funders on record
- 4
- Grants received
- $1.4M
- Net assets
- $1.1M
What New Schools for Virginia does
Mission
New Schools for Virginia works with parents, students, educators and the community to improve educational outcomes by designing new schools and by supporting existing schools to improve outcomes.
As stated on its FY2024 Form 990.
Programs
The harbor school. During 2024, New Schools for Virginia submitted a public charter school application for the harbor school and worked with the virginia department of education to prepare it for consideration while continuing research to support it. The harbor school is a public charter middle school designed by and with richmond families for students who have not yet excelled in traditional models of school. It is a competency-based, personalized model of school where students experience authentic learning, both at their pace and in collaborative, multidisciplinary projects.
$283,585 spent62% of program spendingCivic education. New Schools for Virginia seeks to understand various pathways to create innovative public schools and the public interest in them. We also hosted events with spearkers knowledgeable about innovative schools and public charter schools. We hosted meetings with dozens of civic leaders, parents and community members to gain insight from them regarding the current state of public education based on their experiences.
$154,552 spent34% of program spendingSupport for patrick henry school for the sciences and art. Phssa is a public charter elementary school in richmond, va. As a part of the public school district, but also having independent operations, phssa is responsible to take care of their building and operations. New Schools for Virginia partnered with the board of directors at patrick henry to develop a case for support for renovating and opening their3rd floor, and to outline a new strategic plan, resulting in an initial substantial investment towards that renovation.
$15,104 spent3% of program spendingOther schools and school design
$2,167 spent0% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $455,408.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.6M to $1.1M (−34%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
0% of NEW SCHOOLS FOR VIRGINIA’s revenue is contributions — more earned-revenue than three-quarters of its peers (65% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NEW SCHOOLS FOR VIRGINIA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NEW SCHOOLS FOR VIRGINIA leans on a few funders — its largest provides 93% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of NEW SCHOOLS FOR VIRGINIA's grant income comes from Virginia funders.
Funder states come from each funder’s own filing. $45k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NEW SCHOOLS FOR VIRGINIA's revenue fell 100% between 2023 and 2024.
this organization peer median middle 50% of peers· 21,859 education nonprofits under $100k, FY2024
Organizations like NEW SCHOOLS FOR VIRGINIA
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for NEW SCHOOLS FOR VIRGINIA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEW SCHOOLS FOR VIRGINIA?
- NEW SCHOOLS FOR VIRGINIA (Virginia) receives grants from 4 organizations whose IRS filings report $1,445,000 to it, the largest being RED GATES FOUNDATION ($1,350,000). 1 of them have funded it in more than one year.
- How many funders does NEW SCHOOLS FOR VIRGINIA have?
- IRS filings report 4 organizations giving $1,445,000 in grants to NEW SCHOOLS FOR VIRGINIA, 1 of which have funded it in more than one year.
- Who is the largest funder of NEW SCHOOLS FOR VIRGINIA?
- RED GATES FOUNDATION is the largest funder on record, with $1,350,000 in grants. The full list of funders is on this page.
- How can an organization like NEW SCHOOLS FOR VIRGINIA find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds New Schools for Virginia →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing