New School Facility Partners

Overview

New School Facility Partners is a nonprofit organization dedicated to supporting high-quality public education by addressing the primary barriers to school expansion: facilities and facility financing. The organization collaborates with community groups to provide affordable facility solutions, focusing on maintaining low costs to ensure more resources are allocated to educational activities.

Mission and Objectives

New School Facility Partners aims to bridge the gap between the need for quality educational spaces and the financial constraints faced by schools. They prioritize strategic partnerships with local education organizations to tackle facility challenges efficiently. Their services include providing upfront cash-flow support and expert guidance through all phases of a project, from planning to completion.

Organizational Structure

New School Facility Partners operates as a tax-exempt organization classified under the category of Educational Institutions and Related Activities. Donations to the organization are tax-deductible, reflecting its commitment to supporting educational initiatives.

Financial Profile

In its most recent fiscal year, New School Facility Partners reported significant revenue from contributions and program services, with minimal liabilities and substantial total assets. The organization's financial management prioritizes low executive compensation and high allocation to other salaries and wages, indicating a focus on operational efficiency.

Leadership and Governance

Sarah T. Jones serves as the Chief Executive Officer of New School Facility Partners, while Christopher Meyer holds the position of President. The organization also includes notable board members like Brenna Benson Lamb and Brandon Kelly.

Activities and Impact

New School Facility Partners has been instrumental in several notable projects, guiding schools through complex construction and financing processes. Their expertise in facility development and financing has allowed schools to enhance their facilities without significant disruptions to educational activities. This has resulted in positive feedback from schools they have worked with, highlighting their professionalism and ability to manage intricate logistics.

By supporting schools through facility planning and development, New School Facility Partners contributes to improving access to quality education in underserved communities, aligning with broader goals of enhancing educational equity and accessibility.

[1] https://www.newschoolpartners.org [2] https://projects.propublica.org/nonprofits/organizations/882320709 [3] https://newplanlearning.com [4] https://reason.org/policy-study/innovative-school-facility-par/ [5] https://www.businesswire.com/news/home/20210823005554/en/Building-Hope%E2%80%99s-Second-Partnership-With-Alturas-Transforms-Former-Sears-Building-Into-International-Baccalaureate-World-School