Civic Intelligence

The Founders Academy Public Charter School

990 • Fiscal year 2018 • EIN 46-3442950

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 09, 2018

5 Perimeter RoadManchester, NH 03103

(603) 952-4705

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.20x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

34th percentile

0.04x

Higher debt load relative to revenue than 34% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

34th percentile

-1.9%

Higher net margin than 34% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

53rd percentile

$69,327

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

61st percentile

4.6%

Faster asset growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

69th percentile

14%

Faster revenue growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$475,855

Up $20,807 (+4.6%) from 2017

Net Assets

Down

$382,657

Down $45,216 (-11%) from 2017

Liabilities

Up

$93,198

Up $66,023 (+243%) from 2017

Revenue

Up

$2,414,059

Up $302,078 (+14%) from 2017

Expenses

Up

$2,459,275

Up $557,755 (+29%) from 2017

Net Income

Down

-$45,216

Down $255,677 (-121%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $66,863Liabilities 2014: $30,172Net Assets 2014: $36,6912014Assets 2015: $251,188Liabilities 2015: $95,237Net Assets 2015: $155,9512015Assets 2016: $337,014Liabilities 2016: $119,602Net Assets 2016: $217,4122016Assets 2017: $455,048Liabilities 2017: $27,175Net Assets 2017: $427,8732017Assets 2018: $475,855Liabilities 2018: $93,198Net Assets 2018: $382,6572018Assets 2019: $583,735Liabilities 2019: $217,562Net Assets 2019: $366,1732019Assets 2020: $857,623Liabilities 2020: $379,468Net Assets 2020: $478,1552020Assets 2021: $1,190,500Liabilities 2021: $391,037Net Assets 2021: $799,4632021Assets 2022: $2,198,256Liabilities 2022: $339,401Net Assets 2022: $1,858,8552022Assets 2023: $3,032,134Liabilities 2023: $1,136,107Net Assets 2023: $1,896,0272023

Highlighted filing

2018

Assets$475,855
Liabilities$93,198
Net Assets$382,657

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $195,858Expenses 2014: $159,167Net Income 2014: $36,6912014Revenue 2015: $984,798Expenses 2015: $865,538Net Income 2015: $119,2602015Revenue 2016: $1,347,623Expenses 2016: $1,286,162Net Income 2016: $61,4612016Revenue 2017: $2,111,981Expenses 2017: $1,901,520Net Income 2017: $210,4612017Revenue 2018: $2,414,059Expenses 2018: $2,459,275Net Income 2018: -$45,2162018Revenue 2019: $2,738,086Expenses 2019: $2,754,570Net Income 2019: -$16,4842019Revenue 2020: $3,046,496Expenses 2020: $2,934,514Net Income 2020: $111,9822020Revenue 2021: $3,431,060Expenses 2021: $3,109,752Net Income 2021: $321,3082021Revenue 2022: $4,528,835Expenses 2022: $3,469,442Net Income 2022: $1,059,3932022Revenue 2023: $3,931,316Expenses 2023: $3,894,144Net Income 2023: $37,1722023

Highlighted filing

2018

Revenue$2,414,059
Expenses$2,459,275
Net Income-$45,216
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$2,414,059
Mission and Program Overview

Mission

The founders academy is a public chartered school encompassing grades 6 -12 that is free and open to all new hampshire students. The academy develops leaders who understand and apply the lessons of the past, demonstrate exceptional character and lead by example. The academy recognizes the importance of balance in the development of the whole person, and respects each student's journey.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$140,021$226,037▲ $86,016
Land, Buildings, and Equipment, Net$195,974$196,267▲ $293
Pledges and Grants Receivable-$22,784-
Cash and Non-Interest-Bearing Accounts$116,469$18,555▼ $97,914
Prepaid Expenses and Deferred Charges$2,584$12,212▲ $9,628
Total Assets$455,048$475,855▲ $20,807
Liabilities
Accounts Payable and Accrued Expenses$22,000$74,427▲ $52,427
Mortgage Notes Payable Secured by Investment Property-$15,000-
Deferred Revenue$5,175$3,771▼ $1,404
Total Liabilities$27,175$93,198▲ $66,023
Net Assets / Fund Balance
Unrestricted Net Assets$421,187$372,319▼ $48,868
Temporarily Rstr Net Assets$6,686$10,338▲ $3,652
Total Net Assets Fund Balance$427,873$382,657▼ $45,216
Total Liabilities and Net Assets / Fund Balance$455,048$475,855▲ $20,807

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$196,267$153,647$349,914
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Maureen MooneyDean, Head of SchoolFT$69,327$69,327
Kimberly LavalleeTreasurer (outgoing)FT$67,327$67,327

Board Members and Trustees

NameTitle
Robert BestBoard Chair (incoming)
Richard HyotteBoard Chair (outgoing)
Kristi ScarponeDirector
Kristy OulletteDirector
Liam ChildersDirector
Matt MercierDirector
Patricia HumphreyDirector
Susan LawtonSecretary
Jane CormierTeacher Representative
Barbara ComtoisTreasurer (incoming)
Revenue and Support

Revenue Composition

Contributions and Grants
$130,792
Program Service Revenue
$2,282,688
Investment Income
$0
Other Revenue
$579
All Other Contributions
$130,792
Change in Net Assets
$-45,216

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$21,794Fair Market Value
Other Non Cash Contri Table$9,073Fair Market Value
Total Noncash Contributions$30,867-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,414,059
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,600
Total Revenue per Audited Statements
$2,423,659
Total Revenue per Form 990
$2,414,059
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,867,547
Other Expenses$591,728
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,377,342$205,622-$1,582,964
Occupancy$350,082--$350,082
Current Officers, Directors, Trustees, and Key Employees-$155,993-$155,993
Payroll Taxes$122,678$3,224-$125,902
Fees for Services Legal-$57,668-$57,668
Depreciation Depletion$49,411--$49,411
Office Expenses$33,176$7,406-$40,582
Fees for Services Accounting-$23,900-$23,900
Fees for Services Other$10,119$11,404-$21,523
Other Employee Benefits-$2,688-$2,688
Information Technology-$1,615-$1,615
Other Expenses$1,437$4,076-$1,437
Conferences and Meetings-$1,334-$1,334
Advertising$1,229--$1,229
Total Functional Expenses$1,984,345$474,930$0$2,459,275

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,468,875
Expenses per Audited Statements$2,459,275
Total Expenses per Form 990$2,459,275
Expenses Not Reported on Form 990$9,600
Expenses Not Reported on Financial Statements$0
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
-Board TreasurerADMINISTRATION, DEVOTES 40+ HOURS A WEEK TO HER DUTIES AT THE FOUNDERS ACADEMY PUBLIC CHARTER SCHOOL. DUTIES INCLUDE CHARTER APPLICATION AND MAINTENANCE WITH THE STATE OF NEW HAMPSHIRE, MAINTENANCE OF ALL BOOKS AND RECORDS OF THE ORGANIZATION INCLUDING ANNUAL AUDIT AND REPORTING REQUIREMENTS, GRANT APPLICATION AND ADMINISTRATION, SCHOOL OPERATIONAL OVERSIGHT- INCLUDING PERSONNEL, POLICIES, FACILITIES.No$71,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
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
Yes
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 12C

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 the 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
EIN
46-3442950
Phone
6039524705
Address
5 PERIMETER ROAD, MANCHESTER, NH 03103

Signing Officer

Name
Barbara Comtois
Title
Treasurer
Phone
6039524705
Signed
2018-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Best
Formed
2013
Legal Domicile
Nh
Voting Board Members
10
Independent Board Members
10
Employees
54
Volunteers
35

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 XII, LINE 2C:

The process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The school has adopted the provisions of fasb asc 740, accounting for uncertainty in income taxes. Accordingly, management has evaluated the school's tax positions and concluded the school had maintained its tax-exempt status, does not have any significant unrelated business income and had taken no uncertain tax positions that require adjustment or disclosure in the financial statements. With few exceptions, the school is no longer subject to income tax examinations by the u.s. Federal or state tax authorities for years before 2015.

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IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDERS ACADEMY IS A PUBLIC CHARTERED SCHOOL ENCOMPASSING GRADES 6 -12 THAT IS FREE AND OPEN TO ALL NEW HAMPSHIRE STUDENTS. THE ACADEMY DEVELOPS LEADERS WHO UNDERSTAND AND APPLY THE LESSONS OF THE PAST, DEMONSTRATE EXCEPTIONAL CHARACTER AND LEAD BY EXAMPLE. THE ACADEMY RECOGNIZES THE IMPORTANCE OF BALANCE IN THE DEVELOPMENT OF THE WHOLE PERSON, AND RESPECTS EACH STUDENT'S JOURNEY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015000
IRS990/NetAssetsOrFundBalancesBOYAmt0427873
IRS990/NetAssetsOrFundBalancesEOYAmt0382657
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt030867
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0350082
IRS990/OccupancyGrp/TotalAmt0350082
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07406
IRS990/OfficeExpensesGrp/ProgramServicesAmt033176
IRS990/OfficeExpensesGrp/TotalAmt040582
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02688
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02688
IRS990/OtherExpensesGrp/Desc0STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc1WORKERS COMPENSATION
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT & FURNISHINGS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04076
IRS990/OtherExpensesGrp/ProgramServicesAmt031994
IRS990/OtherExpensesGrp/ProgramServicesAmt16877
IRS990/OtherExpensesGrp/ProgramServicesAmt21437
IRS990/OtherExpensesGrp/TotalAmt031994
IRS990/OtherExpensesGrp/TotalAmt16877
IRS990/OtherExpensesGrp/TotalAmt24076
IRS990/OtherExpensesGrp/TotalAmt31437
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0579
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0579
IRS990/OtherRevenueTotalAmt0579
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0205622
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01377342
IRS990/OtherSalariesAndWagesGrp/TotalAmt01582964
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03224
IRS990/PayrollTaxesGrp/ProgramServicesAmt0122678
IRS990/PayrollTaxesGrp/TotalAmt0125902
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt022784
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02584
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012212
IRS990/PrincipalOfficerNm0ROBERT BEST
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0STATE PER PUPIL AID
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2SPED REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/Desc3SUMMER SCHOOL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02194031
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt152397
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt227315
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38945
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02194031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt152397
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt227315
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38945
IRS990/ProgSrvcAccomActy2Grp/Desc0STUDENT ACTIVITIES: THERE IS A WIDE VARIETY OF ACTIVITIES AVAILABLE TO THE FOUNDER'S ACADEMY STUDENTS, INCLUDING, BUT NOT LIMITED TO: DRAMA, BAND AND CHORUS, DANCE, SOCCER, AND THE FIRST LEGO LEAGUE WHICH IS A ROBOTICS PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt031994
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt052976
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0154042
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0512146
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01957939
IRS990/PYRevenuesLessExpensesAmt0210461
IRS990/PYSalariesCompEmpBnftPaidAmt01389374
IRS990/PYTotalExpensesAmt01901520
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02111981
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-45216
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02230291
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt09600
IRS990ScheduleD/DonatedServicesUseFcltsAmt09600
IRS990ScheduleD/EquipmentGrp/BookValueAmt0196267
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0153647
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0349914
IRS990ScheduleD/ExpensesNotReportedAmt09600
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02459275
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt09600
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02414059
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS ADOPTED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ACCORDINGLY, MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THE SCHOOL HAD MAINTAINED ITS TAX-EXEMPT STATUS, DOES NOT HAVE ANY SIGNIFICANT UNRELATED BUSINESS INCOME AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0196267
IRS990ScheduleD/TotalExpensesPerForm990Amt02459275
IRS990ScheduleD/TotalRevenuePerForm990Amt02414059
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02423659
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02468875
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S NOTICE OF NONDISCRIMINATION POLICY AS TO STUDENTS IS STATED ON THE SCHOOL'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES PER PUPIL AID FROM THE STATE GOVERNMENT. FOR THE CURRENT SCHOOL YEAR THE AMOUNT OF AID WAS $6,922 PER STUDENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0KIMBERLY LAVALLEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD TREASURER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt071000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ADMINISTRATION, DEVOTES 40+ HOURS A WEEK TO HER DUTIES AT THE FOUNDERS ACADEMY PUBLIC CHARTER SCHOOL. DUTIES INCLUDE CHARTER APPLICATION AND MAINTENANCE WITH THE STATE OF NEW HAMPSHIRE, MAINTENANCE OF ALL BOOKS AND RECORDS OF THE ORGANIZATION INCLUDING ANNUAL AUDIT AND REPORTING REQUIREMENTS, GRANT APPLICATION AND ADMINISTRATION, SCHOOL OPERATIONAL OVERSIGHT- INCLUDING PERSONNEL, POLICIES, FACILITIES.
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt10
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SUPPLIES
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1FURN & EQUIP
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt021794
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt19073
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
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 THE NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE FOUNDERS ACADEMY PUBLIC CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE FOUNDERS ACADEMY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0461308375

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