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EIN 86-0215781

New Way Academy

IRS 501(c) type
501(c)(3)
Num. employees
86
City
Phoenix
State
Arizona
Year formed
1986
Most recent tax filings
2024-06-01
NTEE code, primary
B28: Special Education Institutions, Programs
Description
An active school working to educate children with learning differences and assist them in fulfilling their potential. The mission of New Way Academy is to educate children with learning differences to fulfill their potential.
Total revenues
$7,827,913
2024
Total expenses
$7,625,505
2024
Total assets
$10,978,895
2024
Num. employees
86
2024

Program areas at New Way Academy

Education of children with learning differences in kindergarten through high school.

Grants made by New Way Academy

GranteeGrant descriptionAmount
NorthBridge College Success ProgramGeneral Operations Support$30,500

Who funds New Way Academy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Financial Assistance for Independent SchoolsScholarships$641,614
Arizona Tuition ConnectionScholarship Awards$203,120
Charles E Benidt FoundationProgram Support & Infrastructure$60,000
...and 9 more grants received

Personnel at New Way Academy

NameTitleCompensation
Laura KeathleyExecutive Director$91,135
Katie ChavezPast Head of School$92,625
Jill FaconSecretary$56,627
Michael WalkerPast Head of School$146,905
Abbey RossPast Executive Director$162,066

Financials for New Way Academy

RevenuesFYE 06/2024
Total grants, contributions, etc.$308,618
Program services$7,378,560
Investment income and dividends$169,012
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,397
Net income from fundraising events$-31,674
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,827,913

Form 990s for New Way Academy

Fiscal year endingDate received by IRSFormPDF link
2024-062025-02-19990View PDF
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-11-17990View PDF
...and 11 more Form 990s
Data update history
March 28, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 3, 2025
Received grants
Identified 2 new grant, including a grant for $10,000 from The Kiita Foundation
October 18, 2024
Updated personnel
Identified 5 new personnel
August 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 7, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
SchoolsK-12 schoolsCharities
Issues
Education
Characteristics
Fundraising eventsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
5048 E Oak St
Phoenix, AZ 85008
Metro area
Phoenix-Mesa-Chandler, AZ
County
Maricopa County, AZ
Website URL
newwayacademy.org/ 
Phone
(602) 389-8600
IRS details
EIN
86-0215781
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B28: Special Education Institutions, Programs
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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