Public Charity

NEW SPRINGS INC

NEW SPRINGS INC is a Public Charity headquartered in TAMPA, FL. Financial data from the 2025 filing: $4.2M revenue, $4.8M expenses, $8.1M total assets.

EIN: 204248193 TAMPA, FL Charter Schools NTEE: B29 Latest filing: 2025
Total Revenue$4.2M
Total Expenses$4.8M
Total Assets$8.1M
Grant Records0
Filing Years2021–2025

Mission

TO OPERATE A PUBLIC CHARTER SCHOOL IN HILLSBOROUGH COUNTY, FLORIDA.

Where $100 goes at New Springs Inc

How New Springs Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$94
To operate two public charter schools in hillsborough county, florida
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Dr Yalcin Akin
SECRETARY Emre Akbaba
PRINCIPAL Oguz Tekin
MEMBER Wilmarie Duprey

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.2M $4.8M $8.1M
2024 $4.8M $5.1M $8.8M
2023 $4.7M $4.8M $9.2M
2022 $4.7M $4.7M $9.3M
2021 $5.2M $4.1M $2.8M

Between 2021 and 2025, reported annual revenue declined from $5.2M to $4.2M (-19%), with total assets most recently reported at $8.1M.

Interactive year-over-year charts and full filing details available with membership.

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