OUR MISSION IS TO SUPPORT THE GROWTH OF EXCELLENT PUBLIC CHARTER SCHOOLS IN ALABAMA TO ENSURE THAT EVERY CHILD HAS ACCESS TO A QUALITY PUBLIC EDUCATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.2M
+51.1% YoY
Annual Giving
$5.0M
-3.8% YoY
Grant Count
17
+0.0% YoY
Avg Grant Size
$296K
-3.8% YoY
About New Schools for Alabama
Based on IRS filings
New Schools for Alabama is a nonprofit organization focused on Education, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.2M in total assets. In 2024, it awarded 17 grants totaling $5.0M. Net investment income was $95K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,162,820 | $5,404,006 | $5,276,502 |
| Revenue | $10,265,638 | $8,181,256 | $9,659,694 |
| Expenses | $8,604,669 | $8,466,716 | $5,826,722 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $95,196 | $28,616 | $2 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
58 grants across all recorded years
Open Grants
4 open opportunities from New Schools for Alabama
Charter School Program (CSP) Grant
NEW SCHOOLS FOR ALABAMA
Amount
$1,000,000 - $1,500,000
Deadline
Rolling / Open
Credit Enhancement Grant (Facilities Access)
NEW SCHOOLS FOR ALABAMA
Amount
$10,550,000
Deadline
Rolling / Open
Parent Voice Fellowship
NEW SCHOOLS FOR ALABAMA
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Freedom Preparatory Academy ($1,103,457), Alabama Classical Group ($1,070,935), Floretta P Carson Visual and Performing Arts Academy ($694,915).
| Recipient | Purpose | Amount |
|---|---|---|
| WOODLAWN COMMUNITY CHARTER SCHOOL BIRMINGHAM, AL | SEE SCHEDULE I SUPPLEMENTAL INFORMATION | $185,802 |
| EMPOWER SCHOOLS OF ALABAMA INC BESSEMER, AL | SEE SCHEDULE I SUPPLEMENTAL INFORMATION | $479,053 |
| MAGIC CITY ACCEPTANCE ACADEMY CHARTER SCHOOL BIRMINGHAM, AL | SEE SCHEDULE I SUPPLEMENTAL INFORMATION | $54,000 |
| BREAKTHROUGH CHARTER SCHOOL MARION, AL | SEE SCHEDULE I SUPPLEMENTAL INFORMATION | $288,517 |
| LEGACY SCHOOLS BIRMINGHAM, AL | SEE SCHEDULE I SUPPLEMENTAL INFORMATION | $75,000 |
| LEAD EDUCATION FOUNDATION MONTGOMERY, AL | SEE SCHEDULE I SUPPLEMENTAL INFORMATION | $79,500 |
| UNIVERSITY CHARTER SCHOOL LIVINGSTON, AL | SEE SCHEDULE I SUPPLEMENTAL INFORMATION | $104,000 |
| ALABAMA AEROSPACE AND AVIATION SCHOOLS INC HELENA, AL | SEE SCHEDULE I SUPPLEMENTAL INFORMATION | $118,306 |
| PHALEN LEADERSHIP ACADEMIES INDIANA INC QUINCY, MA | SEE SCHEDULE I SUPPLEMENTAL INFORMATION | $76,500 |
| FLORETTA P CARSON VISUAL AND PERFORMING ARTS ACADEMY MOBILE, AL | SEE SCHEDULE I SUPPLEMENTAL INFORMATION | $694,915 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL W BUTLER | CHAIR | 3 | — |
| DAVE BORDEN | DIRECTOR | 3 | — |
| MARIA KENNEDY | TREASURER | 3 | — |
| KHADIJAH ABDULLAH | VICE CHAIR | 3 | — |
| NICK GAEDE | DIRECTOR | 3 | — |
| MIHO KUBAGAWA | DIRECTOR | 3 | — |
| JAN MILLER | DIRECTOR | 3 | — |
| RICHARD PERRY | SECRETARY | 3 | — |
| JESSICA JANE WEDGEWORTH | EX-OFFICIO | 3 | — |
| BRIAN HAMILTON | DIRECTOR | 3 | — |
| CHARLES JACKSON | DIRECTOR | 3 | — |
| TYLER BARNETT | CHIEF EXECUTIVE OFFICER | 40 | $172,485 |
| RUSSEL RANEY | CHIEF FINANCIAL OFFICER | 40 | $157,993 |
| CANDIE A MITCHELL-PRICE | CHIEF COMMUNICATIONS OFFIC | 40 | $94,554 |
| MIKE BROWN | CHIEF SCHOOL OFFICER | 40 | $135,985 |
| NATALIE TUCKER | CHIEF OF STAFF | 40 | $100,664 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Schools for Alabama?
New Schools for Alabama is a nonprofit organization focused on Education, based in BIRMINGHAM, AL. It holds $8.2M in total assets as of 2024.
How large is New Schools for Alabama?
As of 2024, New Schools for Alabama holds $8.2M in total assets with $10.3M in annual revenue. It awarded 17 grants totaling $5.0M in 2024.
Where does New Schools for Alabama operate?
New Schools for Alabama has awarded grants in Alabama, California, Florida, Massachusetts, Tennessee.
What size grants does New Schools for Alabama award?
In 2024, New Schools for Alabama awarded 17 grants totaling $5.0M — an average of about $296K per grant, based on its IRS Form 990 filings.
What is New Schools for Alabama's EIN?
New Schools for Alabama's EIN (Employer Identification Number) is 46-3827127. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in New Schools for Alabama's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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