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EIN 46-1308375

The Founders Academy Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Manchester
State
New Hampshire
Year formed
2011
Most recent tax filings
2022-06-01
NTEE code, primary
B90: Educational Services
Description
To support The establishment of new charter schools and to help provide support to The ongoing operations of charter schools operating in The state of new hampshire.
Related structure
The Founders Academy Foundation is a subordinate organization under The Founders Academy Public Charter School.
Total revenues
$1,598,226
2022
Total expenses
$1,470,822
2022
Total assets
$5,753,699
2022
Num. employees
0
2022

Program areas at The Founders Academy Foundation

To support The general operations of charter schools. This mission was accomplished in The current year through providing below market subsidized rental to a supported charter school.

Grants made by The Founders Academy Foundation

GranteeGrant descriptionAmount
Lionheart Classical Academy Chartered Public SchoolGeneral Operations$752,687
Spark Academy of Advanced TechnologiesGeneral Operations and Space for Operations$485,825
Gathering Waters Chartered Public SchoolGeneral Operations$6,250

Who funds The Founders Academy Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Henderson FoundationTo Further the Organization's Tax Exempt Purpose$4,000

Personnel at The Founders Academy Foundation

NameTitleCompensation
Kimberly LavalleeChair$45,000
Robert BestVice Chair / Treasurer / Director$0
Gary ThomasTreasurer / Secretary / Trustee / Director$0
Kristi ScarponeSecretary$0
Matt SouthertonVice Chair / Director$0
...and 3 more key personnel

Financials for The Founders Academy Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,656,872
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-73,646
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$15,000
Total revenues$1,598,226

Form 990s for The Founders Academy Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-08990View PDF
2021-062021-11-15990View PDF
2020-062021-04-13990View PDF
2019-062020-01-24990View PDF
2018-062019-02-21990View PDF
...and 6 more Form 990s
Data update history
July 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Updated personnel
Identified 2 new personnel
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $4,000 from Henderson Foundation
June 24, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersChapter / child organizationsCharities
Issues
Education
Characteristics
Partially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
5 Perimeter Rd
Manchester, NH 03103
Metro area
Manchester-Nashua, NH
County
Hillsborough County, NH
Phone
(603) 321-4715
IRS details
EIN
46-1308375
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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