Civic Intelligence

Foundation Academy Charter School

990 • Fiscal year 2011 • EIN 20-4406909

Jul 01, 2010 to Jun 30, 2011 • Filed on Feb 15, 2012

333 South Broad St08608
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.21x

Higher debt load relative to assets than 58% of similar nonprofits.

2011 filings • NTEE B • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$1,281,359

No earlier filing loaded for comparison.

Net Assets

$1,006,416

No earlier filing loaded for comparison.

Liabilities

$274,943

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$3,061,241

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $1,281,359Liabilities 2011: $274,943Net Assets 2011: $1,006,4162011Assets 2012: $1,723,989Liabilities 2012: $338,828Net Assets 2012: $1,385,1612012Assets 2013: $1,462,681Liabilities 2013: $563,517Net Assets 2013: $899,1642013Assets 2014: $1,731,672Liabilities 2014: $467,416Net Assets 2014: $1,264,2562014Assets 2015: $3,719,978Liabilities 2015: $2,302,681Net Assets 2015: $1,417,2972015Assets 2016: $5,709,300Liabilities 2016: $5,181,886Net Assets 2016: $527,4142016Assets 2017: $11,362,149Liabilities 2017: $8,177,507Net Assets 2017: $3,184,6422017Assets 2018: $13,867,137Liabilities 2018: $9,112,688Net Assets 2018: $4,754,4492018Assets 2019: $15,260,068Liabilities 2019: $9,815,465Net Assets 2019: $5,444,6032019Assets 2020: $14,644,280Liabilities 2020: $7,605,805Net Assets 2020: $7,038,4752020Assets 2021: $16,120,573Liabilities 2021: $7,588,307Net Assets 2021: $8,532,2662021Assets 2022: $21,589,488Liabilities 2022: $12,830,251Net Assets 2022: $8,759,2372022Assets 2023: $21,356,618Liabilities 2023: $10,980,436Net Assets 2023: $10,376,1822023Assets 2024: $23,999,152Liabilities 2024: $11,220,205Net Assets 2024: $12,778,9472024

Highlighted filing

2011

Assets$1,281,359
Liabilities$274,943
Net Assets$1,006,416

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $3,061,2412011Expenses 2012: $4,687,7592012Expenses 2013: $6,392,5582013Revenue 2014: $8,859,787Expenses 2014: $8,494,695Net Income 2014: $365,0922014Revenue 2015: $12,595,756Expenses 2015: $11,338,039Net Income 2015: $1,257,7172015Revenue 2016: $14,614,612Expenses 2016: $15,504,495Net Income 2016: -$889,8832016Revenue 2017: $16,602,337Expenses 2017: $15,128,157Net Income 2017: $1,474,1802017Revenue 2018: $17,527,546Expenses 2018: $15,957,739Net Income 2018: $1,569,8072018Revenue 2019: $18,340,757Expenses 2019: $17,650,603Net Income 2019: $690,1542019Revenue 2020: $19,355,944Expenses 2020: $17,762,072Net Income 2020: $1,593,8722020Revenue 2021: $21,345,321Expenses 2021: $19,876,625Net Income 2021: $1,468,6962021Revenue 2022: $21,687,703Expenses 2022: $20,837,506Net Income 2022: $850,1972022Revenue 2023: $23,642,745Expenses 2023: $22,025,800Net Income 2023: $1,616,9452023Revenue 2024: $29,462,595Expenses 2024: $27,059,830Net Income 2024: $2,402,7652024

Highlighted filing

2011

Revenue-
Expenses$3,061,241
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Feb 15, 2012
Return Version
2010v3.2
Gross Receipts
$3,340,344
Mission and Program Overview

Mission

As a college-preparatory school, Foundation Academy Charter School's mission is to ensure that all of their students secure the academic knowledge and skills to prepare them for the nation's finest colleges, and to instill in them the core values of caring, respect, responsibility and honesty. Foundation Academy Charter School's program is modeled after some of the highest performing urban charter schools in the country, and includes standardized classroom procedures, regular testing to track student progress, more time on task, a focus on values and building community, clear and innovative rewards and consequences designed to teach and emphasize positive academic and social behavior, school uniforms, 90-120 minutes of homework each night, and an overall rigorous academic program. Foundation Academy Charter School provides a longer school day and a longer school year which includes a two week summer session. Language arts and math classes are taught for more minutes each week than most

Filing and Contact Details

Filer

EIN
20-4406909
Raw XML AppendixShowing 400 of 479 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReview0false
IRS990/AccountsPayableAccruedExpenses/BOY076929
IRS990/AccountsPayableAccruedExpenses/EOY0200893
IRS990/AccountsReceivable/BOY0110534
IRS990/AccountsReceivable/EOY0134836
IRS990/ActivitiesConductedPartnership0false
IRS990/ActivityOrMissionDescription0Foundation Academy Charter School is an independent, "No Excuses" college preparatory middle school, located in Trenton, New Jersey. Foundation currently offers all educational, social and health services appropriate to students in grades 5-8, with plans to expand to grades K-12 over the next decade. The mission of Foundation Academy Charter School is to ensure that all of their students secure the academic knowledge and skills to prepare them for the nation's finest high schools and colleges, and to instill in them the core values of caring, respect, responsibility and honesty.
IRS990/AddressPrincipalOfficerUS/AddressLine10333 SOUTH BROAD STREET
IRS990/AddressPrincipalOfficerUS/City0TRENTON
IRS990/AddressPrincipalOfficerUS/State0NJ
IRS990/AddressPrincipalOfficerUS/ZIPCode008608
IRS990/Advertising/Total00
IRS990/AllAffiliatesIncluded0false
IRS990/AllOtherContributions0115658
IRS990/AllOtherExpenses/Total00
IRS990/AnnualDisclosureCoveredPersons0false
IRS990/AuditCommittee0true
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsToMembers/Total00
IRS990/BsnssRltnshpThruFamilyMember0false
IRS990/BsnssRltnshpWithOrganization0false
IRS990/CashNonInterestBearing/BOY0822321
IRS990/CashNonInterestBearing/EOY01107587
IRS990/ChangesToOrganizingDocs0false
IRS990/CollectionsOfArt0false
IRS990/CompCurrentOfficersDirectors/ProgramServices0373038
IRS990/CompCurrentOfficersDirectors/Total0373038
IRS990/CompDisqualPersons/Total00
IRS990/CompensationFromOtherSources0false
IRS990/CompensationProcessCEO0false
IRS990/CompensationProcessOther0true
IRS990/ComplianceWithBackupWitholding0false
IRS990/ConferencesMeetings/Total00
IRS990/ConflictOfInterestPolicy0false
IRS990/ConservationEasements0false
IRS990/ConsolidatedAuditFinancialStmt0true
IRS990/ContributionsGrantsCurrentYear03273447
IRS990/ContributionsGrantsPriorYear03043917
IRS990/CostOfGoodsSold090888
IRS990/CreditCounseling0false
IRS990/DecisionsSubjectToApproval0false
IRS990/DeductibleContributionsOfArt0false
IRS990/DeductibleNonCashContributions0false
IRS990/DeferredRevenue/BOY054529
IRS990/DeferredRevenue/EOY074050
IRS990/DelegationOfManagementDuties0false
IRS990/DepreciationDepletion/Total00
IRS990/DescribedIn501C30true
IRS990/Description0With the completion of the 2010-2011 school year, Foundation Academy Charter School completed its fourth year of operation. The Charter School provides a full range of educational services appropriate for all students in Grades 5 thru 8. The Educational program includes social, health and nutrition services that support the total education of the student. In addition, the educational services include regular, as well as special education instruction. Foundation Academy Charter School promotes the full involvement of parents in their children's educational development. The Charter School completed the 2010-2011 school year with an enrollment of 200 students, which students were enrolled in eight classes of twenty-five.
IRS990/DisregardedEntity0false
IRS990/DistributionToDonor0false
IRS990/DocumentRetentionPolicy0false
IRS990/DonorAdvisedFunds0false
IRS990/ElectionOfBoardMembers0false
IRS990/EmploymentTaxReturnsFiled0false
IRS990/EscrowAccount0false
IRS990/ExcessBenefitTransaction0false
IRS990/ExcessBusinessHoldings0false
IRS990/Expense01355841
IRS990/FamilyOrBusinessRelationship0false
IRS990/FederalGrantAuditPerformed0false
IRS990/FederalGrantAuditRequired0false
IRS990/FeesForServicesAccounting/ManagementAndGeneral014350
IRS990/FeesForServicesAccounting/Total014350
IRS990/FeesForServicesInvstMgmntFees/Total00
IRS990/FeesForServicesLegal/ManagementAndGeneral09602
IRS990/FeesForServicesLegal/Total09602
IRS990/FeesForServicesLobbying/Total00
IRS990/FeesForServicesManagement/ManagementAndGeneral0276450
IRS990/FeesForServicesManagement/ProgramServices0104632
IRS990/FeesForServicesManagement/Total0381082
IRS990/FeesForServicesOther/Total00
IRS990/FeesForServicesProfFundraising/Total00
IRS990/FiledLieu10410false
IRS990/FinancialStatementBoth0X
IRS990/FollowSFAS1170X
IRS990/ForeignActivities0false
IRS990/ForeignFinancialAccount0false
IRS990/ForeignGrants/Total00
IRS990/ForeignOffice0false
IRS990/Form1098CFiled0false
IRS990/Form720Filed0false
IRS990/Form8282PropertyDisposedOf0false
IRS990/Form8886TFiled0false
IRS990/Form8899Filed0false
IRS990/Form990PartVIISectionA/AverageHoursPerWeek05.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek140.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek240.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek340.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek440.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek540.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek65.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek75.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek840.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek95.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek105.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek115.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek125.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1340.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek145.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek1520.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek165.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek175.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector8X
IRS990/Form990PartVIISectionA/NamePerson0TODD KENT
IRS990/Form990PartVIISectionA/NamePerson1TARA PEPE
IRS990/Form990PartVIISectionA/NamePerson2SUSAN HANLON
IRS990/Form990PartVIISectionA/NamePerson3STEPHANIE SEGALL
IRS990/Form990PartVIISectionA/NamePerson4RONALD BRADY
IRS990/Form990PartVIISectionA/NamePerson5MONIQUE BONNIER
IRS990/Form990PartVIISectionA/NamePerson6MICHAEL DUNBAR
IRS990/Form990PartVIISectionA/NamePerson7MEGHAN MACKAY
IRS990/Form990PartVIISectionA/NamePerson8MARLENE RICE
IRS990/Form990PartVIISectionA/NamePerson9M NICOLE SISTRUNK-LEWIS
IRS990/Form990PartVIISectionA/NamePerson10KIRK NORRIS
IRS990/Form990PartVIISectionA/NamePerson11HOPE BLACKBURN
IRS990/Form990PartVIISectionA/NamePerson12GRECIA MONTERO
IRS990/Form990PartVIISectionA/NamePerson13GRAIG WEISS
IRS990/Form990PartVIISectionA/NamePerson14EARL KIM
IRS990/Form990PartVIISectionA/NamePerson15CHRISTOPHER LESSARD
IRS990/Form990PartVIISectionA/NamePerson16CECILY JOHNSON
IRS990/Form990PartVIISectionA/NamePerson17ANNE-MINDY FERNANDEZ-SHEINBAUM
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/OtherCompensation100
IRS990/Form990PartVIISectionA/OtherCompensation110
IRS990/Form990PartVIISectionA/OtherCompensation120
IRS990/Form990PartVIISectionA/OtherCompensation130
IRS990/Form990PartVIISectionA/OtherCompensation140
IRS990/Form990PartVIISectionA/OtherCompensation150
IRS990/Form990PartVIISectionA/OtherCompensation160
IRS990/Form990PartVIISectionA/OtherCompensation170
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization145322
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization264624
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization364579
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization494167
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization860898
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization120
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1388770
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization140
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization1530338
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization160
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization170
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs110
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs120
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs130
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs140
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs150
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs160
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs170
IRS990/Form990PartVIISectionA/Title0Trustee
IRS990/Form990PartVIISectionA/Title1DIR. OPERATIONS
IRS990/Form990PartVIISectionA/Title2KEY EMPLOYEE
IRS990/Form990PartVIISectionA/Title3KEYEMPLOYEE
IRS990/Form990PartVIISectionA/Title4HEAD OF SCHOOL
IRS990/Form990PartVIISectionA/Title5Treasurer
IRS990/Form990PartVIISectionA/Title6Trustee
IRS990/Form990PartVIISectionA/Title7President
IRS990/Form990PartVIISectionA/Title8KEY EMPLOYEE
IRS990/Form990PartVIISectionA/Title9Secretary
IRS990/Form990PartVIISectionA/Title10Trustee
IRS990/Form990PartVIISectionA/Title11BOARD COUNSEL
IRS990/Form990PartVIISectionA/Title12Trustee
IRS990/Form990PartVIISectionA/Title13ASSOC. HEAD SCH
IRS990/Form990PartVIISectionA/Title14Trustee
IRS990/Form990PartVIISectionA/Title15BUS. ADMIN.
IRS990/Form990PartVIISectionA/Title16Trustee
IRS990/Form990PartVIISectionA/Title17Trustee
IRS990/Form990ProvidedToGoverningBody0true
IRS990/Form990-TFiled0false
IRS990/FormersListed0false
IRS990/FSAudited0true
IRS990/FundraisingActivities0false
IRS990/FundsToPayPremiums0false
IRS990/Gaming0false
IRS990/GovernmentGrants03157789
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsToDomesticIndividuals/Total00
IRS990/GrantsToDomesticOrgs/Total00
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts03340344
IRS990/GrossSalesOfInventory011904
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IncomeFromInvestBondProceeds/TotalRevenueColumn00
IRS990/IndependentAuditFinancialStmt0true
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartVI0X
IRS990/InformationTechnology/Total00
IRS990/Insurance/Total00
IRS990/IntangibleAssets/EOY00
IRS990/Interest/Total00
IRS990/InventoriesForSaleOrUse/EOY00
IRS990/InvestmentIncomeCurrentYear075
IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome075
IRS990/InvestmentIncome/TotalRevenueColumn075
IRS990/InvestmentInJointVenture0false
IRS990/InvestmentsOtherSecurities/EOY00
IRS990/InvestmentsProgramRelated/EOY00
IRS990/InvestmentsPubTradedSecurities/EOY00
IRS990/InvestTaxExemptBonds0false
IRS990/LandBldgEquipmentAccumDeprec02268
IRS990/LandBuildingsEquipmentBasis027267
IRS990/LandBuildingsEquipmentBasisNet/BOY026133
IRS990/LandBuildingsEquipmentBasisNet/EOY024999
IRS990/LicensedMoreThanOneState0false
IRS990/LoanToOfficerOrDQP0false
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0false
IRS990/MinutesOfGoverningBody0false
IRS990/MissionDescription0Foundation Academy Charter School is an independent, "No Excuses" college preparatory middle school, located in Trenton, New Jersey. Foundation currently offers all educational, social and health services appropriate to students in grades 5-8, with plans to expand to grades K-12 over the next decade. The mission of Foundation Academy Charter School is to ensure that all of their students secure the academic knowledge and skills to prepare them for the nation's finest high schools and colleges, and to instill in them the core values of caring, respect, responsibility and honesty.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0RONALD BRADY
IRS990/NbrIndependentVotingMembers09
IRS990/NbrVotingGoverningBodyMembers09
IRS990/NbrVotingMembersGoverningBody09
IRS990/NetAssetsOrFundBalancesBOY0818201
IRS990/NetAssetsOrFundBalancesEOY01006416
IRS990/NetGainOrLossInvestments/TotalRevenueColumn00
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn00
IRS990/NetIncomeFromGaming/TotalRevenueColumn00
IRS990/NetIncomeOrLoss/RelatedOrExemptFunctionIncome0-78984
IRS990/NetIncomeOrLoss/TotalRevenueColumn0-78984
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn00
IRS990/NonDeductibleContributions0false
IRS990/NonDeductibleDisclosure0false
IRS990/NumberFormsTransmittedWith1096016
IRS990/NumberIndependentVotingMembers09
IRS990/NumberIndividualsGT100K00
IRS990/NumberOf8282Filed00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees029
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral0344367
IRS990/Occupancy/Total0344367
IRS990/OfficeExpenses/ManagementAndGeneral0106599
IRS990/OfficeExpenses/ProgramServices0251562
IRS990/OfficeExpenses/Total0358161
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/OnBehalfOfIssuer0false
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/EOY00
IRS990/OtherEmployeeBenefits/ManagementAndGeneral0304801
IRS990/OtherEmployeeBenefits/ProgramServices019036
IRS990/OtherEmployeeBenefits/Total0323837
IRS990/OtherExpensePriorYear0868971
IRS990/OtherExpensesCurrentYear01121551
IRS990/OtherLiabilities/BOY09329
IRS990/OtherNotesLoansReceivableNet/EOY00
IRS990/OtherRevenueCurrentYear0-78984
IRS990/OtherRevenuePriorYear0-80928
IRS990/OtherSalariesAndWages/ManagementAndGeneral0635242
IRS990/OtherSalariesAndWages/ProgramServices0607573
IRS990/OtherSalariesAndWages/Total01242815
IRS990/PartialLiquidation0false
IRS990/PaymentsToAffiliates/Total00
IRS990/PayrollTaxes/Total00
IRS990/PensionPlanContributions/Total00
IRS990/PledgesAndGrantsReceivable/EOY00
IRS990/PoliciesReferenceChapters0false
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PrepaidExpensesDeferredCharges/EOY013937
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY054918
IRS990/ProgramServiceRevenue/Description0OTHER PROGRAM REVENUE-LINE 2
IRS990/ProgramServiceRevenuePriorYear07851
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome054918
IRS990/ProgramServiceRevenue/TotalRevenueColumn054918
IRS990/ProhibitedTaxShelterTrans0false
IRS990/QuidProQuoContributions0false
IRS990/QuidProQuoDisclosure0false
IRS990/ReceivablesFromDisqualPersons/EOY00
IRS990/ReceivablesFromOfficersEtc/EOY00
IRS990/ReconcilationRevenueExpenses0188215
IRS990/RegularMonitoringEnforcement0false
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/ReportFin48Footnote0false
IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0false
IRS990/ReportProgRelInvest0false
IRS990/RevenuesLessExpensesCY0188215
IRS990/RevenuesLessExpensesPriorYear0389853
IRS990/RoyaltiesRevenue/TotalRevenueColumn00
IRS990/Royalties/Total00
IRS990/SalariesEtcCurrentYear01939690
IRS990/SalariesEtcPriorYear01712016
IRS990/SavingsAndTempCashInvestments/EOY00
IRS990ScheduleA/School170b1Aii0X
IRS990/ScheduleBRequired0false
IRS990ScheduleD/Equipment/BookValue024999
IRS990ScheduleD/Equipment/Depreciation02268
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis027267
IRS990ScheduleD/ExcessOrDeficitForYear0188215
IRS990ScheduleD/ExcessOrDeficitPerFS0188215
IRS990ScheduleD/ExpensesSubtotal03061241
IRS990ScheduleD/RevenueSubtotal03249456
IRS990ScheduleD/TotalExpenses03061241
IRS990ScheduleD/TotalExpensesPerForm99003061241
IRS990ScheduleD/TotalOfBookValueLandBuildings024999
IRS990ScheduleD/TotalRevenue03249456
IRS990ScheduleD/TotalRevenuePerForm99003249456
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt03061241
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt03249456
IRS990ScheduleE/ComplianceWithRevProc75500true
IRS990ScheduleE/DiscriminateRaceAdmissPolicies0false
IRS990ScheduleE/DiscriminateRaceAthleticProg0false
IRS990ScheduleE/DiscriminateRaceEducPolicies0false
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty0false
IRS990ScheduleE/DiscriminateRaceOtherActy0false
IRS990ScheduleE/DiscriminateRaceScholarships0false
IRS990ScheduleE/DiscriminateRaceStudentsRights0false
IRS990ScheduleE/DiscriminateRaceUseOfFclts0false
IRS990ScheduleE/Form990ScheduleEPartII/Explanation0FOUNDATION ACADEMY CHARTER SCHOOL MAINTAINS A RACIALLY NONDISCRIMINATORY POLICY TOWARDS ALL STUDENTS, IN THAT THE CHARTER SCHOOL DOES NOT DISCRIMINATE AGAINST ANY STUDENT, OR EMPLOYEE, FOR REASONS OF RACE, COLOR, CREED, SEX, AGE, RELIGION, ETHNIC ORIGIN, FAMILY AFFILIATION, DISABILITIES, SOCIAL OR ECONOMIC STATUS, MARITAL STATUS, SEXUAL ORIENTATION, OR BECAUSE OF LIABILITY FOR SERVICE IN THE UNITED STATES ARMED FORCES. THE RACIALLY NONDISCRIMINATORY POLICY IS CONTAINED IN THE SCHOOL BY-LAWS AND IS COMMUNICATED TO STUDENTS AND PARENTS. THE SCHOOL INTENDS TO PUBLISH THIS POLICY IN ITS BROCHURE AND ON ITS WEBSITE.IN ADDITION, FOUNDATION ACADEMY CHARTER SCHOOL CUSTOMARILY DRAWS ITS STUDENTS FROM LOCAL COMMUNITIES, AND FURTHER, THE CHARTER SCHOOL ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS.
IRS990ScheduleE/Form990ScheduleEPartII/Identifier0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/GovernmentFinancialAidReceived0false
IRS990ScheduleE/GovernmentFinancialAidRevoked0false
IRS990ScheduleE/MaintCopiesOfAllSolicitations0true
IRS990ScheduleE/MaintCopiesOfBrochuresEtc0true
IRS990ScheduleE/MaintRacialCompositionRecords0true
IRS990ScheduleE/MaintScholarshipsRecords0true
IRS990ScheduleE/NondiscriminatoryPolicyStmt0true
IRS990ScheduleE/PolicyPublViaBroadcastMedia0true
IRS990ScheduleE/PolicyStatementInBrochuresEtc0true
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0WHILE FOUNDATION ACADEMY CHARTER SCHOOL DOES NOT CURRENTLY HAVE A WRITTEN WHISTLEBLOWER POLICY, PROCEDURES AND PRACTICES ARE IN PLACE FOR THE FILING OF COMPLAINTS AGAINST ANY CO-WORKER OR AGAINST THE SCHOOL ITSELF, IF ANY SUCH SCHOOL EMPLOYEE REASONABLY BELIEVES THAT A CO-WORKER, OR THE SCHOOL ITSELF, IS CONDUCTING AN ILLEGAL OR WRONGFUL ACT. SCHOOL PRACTICE AND POLICY ALSO PROHIBITS RETALIATION AGAINST ANY EMPLOYEE WHO SUBMITS ANY SUCH COMPLAINT.
IRS990ScheduleO/GeneralExplanation/Explanation1FOUNDATION ACADEMY CHARTER SCHOOL FOLLOWS STATE AND FEDERAL REGULATIONS AND STANDARDS GOVERNING RECORD RETENTION AND DESTRUCTION.
IRS990ScheduleO/GeneralExplanation/Explanation2No documents available to the public.
IRS990ScheduleO/GeneralExplanation/Explanation3SALARY AND COMPENSATION ARE REVIEWED AND EVALUATED BY THE CHARTER SCHOOL LEAD PERSON AND BUSINESS ADMINSTRATOR ON AN ANNUAL BASIS. IN CONDUCTING SUCH REVIEW AND EVALUATION, FACTORS SUCH AS TEACHER PERFORMANCE AND COMPARABLE AREA STANDARDS FOR THE PROFESSION, ARE GIVEN DUE WEIGHT AND CONSIDERATION. ALL SUCH COMPENSATION EVALUATIONS AND RECOMMENDATIONS ARE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF THE CHARTER SCHOOL.
IRS990ScheduleO/GeneralExplanation/Explanation4EACH SCHOOL OFFICIAL AND KEY EMPLOYEE, AND EACH MEMBER OF THE BOARD OF TRUSTEES MUST COMPLETE A "SCHOOL ETHICS/PERSONAL/RELATIVE DISCLOSURE STATEMENT," PURSUANT TO APPLICABLE NEW JERSEY STATE LAW. THESE FORMS ARE FILED WITH THE APPROPRIATE GOVERNMENTAL ENTITIES, ALSO PER APPLICABLE NEW JERSEY STATE LAW.
IRS990ScheduleO/GeneralExplanation/Explanation5THE BOARD OF TRUSTEES AND DESIGNATED SCHOOL OFFICIALS REVIEW THE TAX FORM 990 RETURN PRIOR TO SUBMISSION AND FILING WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part VI, Line 19
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Line 15b
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Line 12c
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Line 11
IRS990ScheduleO/GeneralExplanation/ReturnReference0WHISTLEBLOWER POLICY
IRS990ScheduleO/GeneralExplanation/ReturnReference1DOCUMENT RETENTION & DESTRUCTION POLICY
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference5Form 990, Part VI, Line 11: Form 990 Review Process
IRS990/ScheduleORequired0false
IRS990/School0true
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0NJ
IRS990/SubjectToProxyTax0false
IRS990/TaxableDistributions0false
IRS990/TaxablePartyNotification0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.0$11.2$12.8$29.5$27.1$2.40
2023Detailed filing. Detailed filing data is available for this year.$21.4$11.0$10.4$23.6$22.0$1.62
2022Detailed filing. Detailed filing data is available for this year.$21.6$12.8$8.76$21.7$20.8$0.85
2021Detailed filing. Detailed filing data is available for this year.$16.1$7.59$8.53$21.3$19.9$1.47
2020Detailed filing. Detailed filing data is available for this year.$14.6$7.61$7.04$19.4$17.8$1.59
2019Detailed filing. Detailed filing data is available for this year.$15.3$9.82$5.44$18.3$17.7$0.69
2018Detailed filing. Detailed filing data is available for this year.$13.9$9.11$4.75$17.5$16.0$1.57
2017Detailed filing. Detailed filing data is available for this year.$11.4$8.18$3.18$16.6$15.1$1.47
2016Detailed filing. Detailed filing data is available for this year.$5.71$5.18$0.53$14.6$15.5$0.89
2015Detailed filing. Detailed filing data is available for this year.$3.72$2.30$1.42$12.6$11.3$1.26
2014Detailed filing. Detailed filing data is available for this year.$1.73$0.47$1.26$8.86$8.49$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.56$0.90$6.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.34$1.39$4.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.27$1.01$3.06