Civic Intelligence

Founders Academy Foundation

990 • Fiscal year 2021 • EIN 46-1308375

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 15, 2021

Organization ProfileN/A
5 Perimeter RoadManchester, NH 03103

(603) 769-1925

Siviq Scores

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

Liabilities / Assets

40th percentile

0.07x

Higher debt load relative to assets than 40% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.52x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

45th percentile

10%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

26th percentile

$45,000

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

54th percentile

11%

Faster asset growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

83rd percentile

67%

Faster revenue growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$5,624,673

Up $568,652 (+11%) from 2020

Net Assets

Up

$5,224,673

Up $168,652 (+3.3%) from 2020

Liabilities

Up

$400,000

Up $400,000 from 2020

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin45th percentile

Revenue

Up

$768,570

Up $307,778 (+67%) from 2020

Expenses

Up

$690,130

Up $272,971 (+65%) from 2020

Net Income

Up

$78,440

Up $34,807 (+80%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $2,182,934Liabilities 2014: $701,191Net Assets 2014: $1,481,7432014Assets 2015: $5,418,204Liabilities 2015: $4,059,795Net Assets 2015: $1,358,4092015Assets 2016: $5,230,804Liabilities 2016: $3,059,948Net Assets 2016: $2,170,8562016Assets 2017: $5,056,389Liabilities 2017: $1,427,144Net Assets 2017: $3,629,2452017Assets 2018: $4,925,925Liabilities 2018: $12,756Net Assets 2018: $4,913,1692018Assets 2019: $5,018,210Liabilities 2019: $5,822Net Assets 2019: $5,012,3882019Assets 2020: $5,056,021Liabilities 2020: $0Net Assets 2020: $5,056,0212020Assets 2021: $5,624,673Liabilities 2021: $400,000Net Assets 2021: $5,224,6732021Assets 2022: $5,753,699Liabilities 2022: $401,622Net Assets 2022: $5,352,0772022Assets 2023: $5,350,122Liabilities 2023: $589,009Net Assets 2023: $4,761,1132023Assets 2024: $5,002,927Liabilities 2024: $379,559Net Assets 2024: $4,623,3682024Assets 2025: $4,980,228Liabilities 2025: $466,611Net Assets 2025: $4,513,6172025

Highlighted filing

2021

Assets$5,624,673
Liabilities$400,000
Net Assets$5,224,673
Open 2021 Filing

Operations Trend

Revenue Growth83rd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $1,554,190Expenses 2014: $72,447Net Income 2014: $1,481,7432014Revenue 2015: $271,093Expenses 2015: $394,427Net Income 2015: -$123,3342015Revenue 2016: $1,129,455Expenses 2016: $317,008Net Income 2016: $812,4472016Revenue 2017: $1,715,415Expenses 2017: $257,026Net Income 2017: $1,458,3892017Revenue 2018: $1,320,633Expenses 2018: $36,709Net Income 2018: $1,283,9242018Revenue 2019: $154,718Expenses 2019: $55,499Net Income 2019: $99,2192019Revenue 2020: $460,792Expenses 2020: $417,159Net Income 2020: $43,6332020Revenue 2021: $768,570Expenses 2021: $690,130Net Income 2021: $78,4402021Revenue 2022: $1,598,226Expenses 2022: $1,470,822Net Income 2022: $127,4042022Revenue 2023: -$66,081Expenses 2023: $67,222Net Income 2023: -$133,3032023Revenue 2024: -$47,267Expenses 2024: $91,233Net Income 2024: -$138,5002024Revenue 2025: -$7,134Expenses 2025: $103,117Net Income 2025: -$110,2512025

Highlighted filing

2021

Revenue$768,570
Expenses$690,130
Net Income$78,440
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$999,440
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,713,617$4,997,245▲ $283,628
Cash and Non-Interest-Bearing Accounts$300,917$563,831▲ $262,914
Accounts Receivable$33,652$63,597▲ $29,945
Prepaid Expenses and Deferred Charges$7,835--
Total Assets$5,056,021$5,624,673▲ $568,652
Liabilities
Unsecured Notes Loans Payable-$400,000-
Total Liabilities$0$400,000▲ $400,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,056,021$5,126,581▲ $70,560
Net Assets With Donor Restrictions-$98,092-
Total Net Assets Fund Balance$5,056,021$5,224,673▲ $168,652
Total Liabilities and Net Assets / Fund Balance$5,056,021$5,624,673▲ $568,652

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,943,935$924,563$5,868,498
Equipment$53,310$33,382$86,692
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kimberly LavalleeChairPT$45,000$45,000

Board Members and Trustees

NameTitle
Patricia HumphreyVice Chair
Gary ThomasDirector
Jim FricchioneDirector
Kyle FoxDirector
Sally BlissDirector
Robert BestTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$805,100
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-36,530
All Other Contributions
$805,100
Change in Net Assets
$78,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$590,023
Other Expenses$100,107
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$590,023--$590,023
Fees for Services Other$81,057--$81,057
Fees for Services Legal$8,323--$8,323
Fees for Services Accounting$4,600--$4,600
Office Expenses$1,225--$1,225
Advertising$93--$93
Other Expenses$81--$81
Insurance$45--$45
Total Functional Expenses$690,130$0$0$690,130
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Spark Academy of Advanced TechnologiesManchester, NH501(c)(3)General Operations and Space for Operations.$425,000
The Founders Academy Public Charter SchoolManchester, NH501(c)(3)General Operations and Space for Operations.$31,955
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Gary ThomasBoard MemberOwner of Northpoint Construction Which Conducted Work for the FoundationNo$442,933
Kimberly LavalleeOfficerPaid Stipend as Organization ManagementNo$45,000
Timothy ZumboFamily Member of OfficerPaid Stipend for Facilities MaintenanceNo$12,700
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 was reviewed by the board in detail prior to filing. Questions were addressed to the preparer and resolved timely. A final draft version of the return was provided to the full board prior to filing.”

Form 990, Part VI, Section B, Line 12

“All board members must declare any conflict of interest on a yearly basis to the board. When a conflict of interest or potential conflict of interest arises the event is disclosed to the board and a board vote is taken should it be needed.”

Form 990, Part VI, Section C, Line 19

“The organization's form 990 is available upon request.”

Filing and Contact Details

Filer

Filer Name
The Founders Academy Foundation
EIN
46-1308375
Phone
6037691925
Address
5 PERIMETER ROAD, MANCHESTER, NH 03103

Signing Officer

Name
Kimberly Lavallee
Title
Chair
Phone
6037691925
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly Lavallee
Formed
2011
Legal Domicile
Nh
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
7

Preparer

Firm
Nathan Wechsler & Company Pa
Address
70 COMMERCIAL STREET 4TH FLOOR, CONCORD, NH 03301
Preparer
KELLI D'AMORE
Phone
6032245357
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees other: program service expenses 45,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 45,000. Bank loan fees: program service expenses 17,049. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,049. Fiscal agent fees: program service expenses 19,008. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,008.”

Financial Statement Notes

PART IV, LINE 2B:

“Part iv, line 2b: the founders academy foundation acts as a fiscal sponsor for various projects. The sponsor must maintain fiscal and program control.”

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IRS990ScheduleA/SupportedOrgInformationGrp/EIN0463442950
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1841795937
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd10
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd12
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt096711
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt031955
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1425000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE FOUNDERS ACADEMY PUBLIC CHARTER SCHOOL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1SPARK ACADEMY OF ADVANCED TECHNOLOGIES
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0456955
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04943935
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0924563
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05868498
IRS990ScheduleD/EquipmentGrp/BookValueAmt053310
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033382
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086692
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART IV, LINE 2B: THE FOUNDERS ACADEMY FOUNDATION ACTS AS A FISCAL SPONSOR FOR VARIOUS PROJECTS. THE SPONSOR MUST MAINTAIN FISCAL AND PROGRAM CONTROL.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04997245
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt031955
IRS990ScheduleI/RecipientTable/CashGrantAmt1425000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt096711
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0DONATION OF EQUIPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATIONS AND SPACE FOR OPERATIONS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL OPERATIONS AND SPACE FOR OPERATIONS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE FOUNDERS ACADEMY PUBLIC CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SPARK ACADEMY OF ADVANCED TECHNOLOGIES
IRS990ScheduleI/RecipientTable/RecipientEIN0463442950
IRS990ScheduleI/RecipientTable/RecipientEIN1841795937
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05 PERIMETER ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11066 FRONT STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MANCHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MANCHESTER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd003103
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd103102
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FAIR MARKET VALUE
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0TIMOTHY ZUMBO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1KIMBERLY LAVALLEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2GARY THOMAS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY MEMBER OF OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012700
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt145000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt2442933
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAID STIPEND FOR FACILITIES MAINTENANCE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1PAID STIPEND AS ORGANIZATION MANAGEMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2OWNER OF NORTHPOINT CONSTRUCTION WHICH CONDUCTED WORK FOR THE FOUNDATION
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS REVIEWED BY THE BOARD IN DETAIL PRIOR TO FILING. QUESTIONS WERE ADDRESSED TO THE PREPARER AND RESOLVED TIMELY. A FINAL DRAFT VERSION OF THE RETURN WAS PROVIDED TO THE FULL BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS MUST DECLARE ANY CONFLICT OF INTEREST ON A YEARLY BASIS TO THE BOARD. WHEN A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST ARISES THE EVENT IS DISCLOSED TO THE BOARD AND A BOARD VOTE IS TAKEN SHOULD IT BE NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROFESSIONAL FEES OTHER: PROGRAM SERVICE EXPENSES 45,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,000. BANK LOAN FEES: PROGRAM SERVICE EXPENSES 17,049. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,049. FISCAL AGENT FEES: PROGRAM SERVICE EXPENSES 19,008. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,008.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE FOUNDERS ACADEMY PUBLIC CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SPARK ACADEMY OF ADVANCED TECHNOLOGY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0463442950
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1841795937
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0OPEN-ENROLLMENT CHARTERED PUBLIC SCHOOL FOR GRADES 6 THROUGH 12.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1OPEN-ENROLLMENT CHARTERED PUBLIC SCHOOL FOR HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1170(B)(1)(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05 PERIMETER ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11066 FRONT STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MANCHESTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1MANCHESTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd003103
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd103102
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0180150
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt15162441
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt296711
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt331955
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt4425000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt524918
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt627637
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt753310
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt84002
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0INTERCOMPANY RENT RECEIVED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1NET BOOK VALUE OF SHARED FACILITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FMV OF ASSETS CONTRIBUTED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt4CASH CONTRIBUTION
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt5INTERCOMPANY RENT RECEIVED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt6TOTAL SALARY OF SHARED EMPLOYEE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt7FMV OF ASSETS CONTRIBUTED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt8TOTAL CONTRACT SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE FOUNDERS ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1THE FOUNDERS ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2THE FOUNDERS ACADEMY

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,624,673
Liabilities
$400,000
Net assets
$5,224,673
Revenue
$768,570
Expenses
$690,130
Net income
$78,440
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.98$0.47$4.51$0.01$0.10$0.11
2024Detailed filing. Detailed filing data is available for this year.$5.00$0.38$4.62$0.05$0.09$0.14
2023Detailed filing. Detailed filing data is available for this year.$5.35$0.59$4.76$0.07$0.07$0.13
2022Detailed filing. Detailed filing data is available for this year.$5.75$0.40$5.35$1.60$1.47$0.13
2021Detailed filing. Detailed filing data is available for this year.$5.62$0.40$5.22$0.77$0.69$0.08
2020Detailed filing. Detailed filing data is available for this year.$5.06$0.00$5.06$0.46$0.42$0.04
2019Detailed filing. Detailed filing data is available for this year.$5.02$0.01$5.01$0.15$0.06$0.10
2018Detailed filing. Detailed filing data is available for this year.$4.93$0.01$4.91$1.32$0.04$1.28
2017Detailed filing. Detailed filing data is available for this year.$5.06$1.43$3.63$1.72$0.26$1.46
2016Detailed filing. Detailed filing data is available for this year.$5.23$3.06$2.17$1.13$0.32$0.81
2015Detailed filing. Detailed filing data is available for this year.$5.42$4.06$1.36$0.27$0.39$0.12
2014Detailed filing. Detailed filing data is available for this year.$2.18$0.70$1.48$1.55$0.07$1.48
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00