Civic Intelligence

The Founders Academy Public Charter School

990 • Fiscal year 2020 • EIN 46-3442950

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 22, 2021

Organization ProfileWWW.THEFOUNDERSACADEMY.ORG

View Organization Page

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

78th percentile

0.44x

Higher debt load relative to assets than 78% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

48th percentile

0.12x

Higher debt load relative to revenue than 48% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

46th percentile

3.7%

Higher net margin than 46% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

46th percentile

$47,538

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

85th percentile

47%

Faster asset growth than 85% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$857,623

Up $273,888 (+47%) from 2019

Net Assets

Up

$478,155

Up $111,982 (+31%) from 2019

Liabilities

Up

$379,468

Up $161,906 (+74%) from 2019

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin46th percentile

Revenue

Up

$3,046,496

Up $308,410 (+11%) from 2019

Expenses

Up

$2,934,514

Up $179,944 (+6.5%) from 2019

Net Income

Up

$111,982

Up $128,466 (+779%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

2020

Assets$857,623
Liabilities$379,468
Net Assets$478,155
Open 2020 Filing

Operations Trend

Revenue Growth67th percentile

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

2020

Revenue$3,046,496
Expenses$2,934,514
Net Income$111,982
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 22, 2021
Return Version
2019v5.2
Gross Receipts
$3,047,158
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.

The founders academy is a public charter school for grades 6 -12 that is free and open to nh kids.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$75,794$292,328▲ $216,534
Accounts Receivable$253,982$292,230▲ $38,248
Land, Buildings, and Equipment, Net$253,519$260,140▲ $6,621
Prepaid Expenses and Deferred Charges$440$12,925▲ $12,485
Total Assets$583,735$857,623▲ $273,888
Liabilities
Unsecured Notes Loans Payable-$329,100-
Mortgage Notes Payable Secured by Investment Property$175,000--
Accounts Payable and Accrued Expenses$37,387$48,740▲ $11,353
Deferred Revenue$5,175$1,628▼ $3,547
Total Liabilities$217,562$379,468▲ $161,906
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$354,277$458,665▲ $104,388
Net Assets With Donor Restrictions$11,896$19,490▲ $7,594
Total Net Assets Fund Balance$366,173$478,155▲ $111,982
Total Liabilities and Net Assets / Fund Balance$583,735$857,623▲ $273,888

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$168,726$256,915$425,641
Leasehold Improvements$91,414$7,408$98,822
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maureen MooneyDean, Head of SchoolFT$47,538-$47,538
Kim LavalleeFounderPT-$45,000$45,000

Board Members and Trustees

NameTitle
Robert BestBoard Chair
Kristy OuelletteDirector
Patricia HumphreyDirector
Scott PerronDirector
Susan LawtonSecretary
Barbara ComtoisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$133,461
Program Service Revenue
$2,909,859
Investment Income
$-662
Other Revenue
$3,838
All Other Contributions
$80,597
Change in Net Assets
$111,982

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,046,496
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$5,834
Total Revenue per Audited Statements
$3,052,330
Total Revenue per Form 990
$3,046,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,209,259
Other Expenses$725,255
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,634,568$238,535-$1,873,103
Occupancy$428,968--$428,968
Payroll Taxes$133,097$15,449-$148,546
Fees for Services Other$4,590$103,624-$108,214
Other Employee Benefits$80,330$23,094-$103,424
Current Officers, Directors, Trustees, and Key Employees-$84,186-$84,186
Depreciation Depletion$63,298--$63,298
Office Expenses$14,069$18,510-$32,579
Fees for Services Accounting-$21,033-$21,033
Advertising$7,918--$7,918
Insurance$4,561--$4,561
Interest$3,589--$3,589
Other Expenses$790$1,512-$1,512
Fees for Services Legal-$410-$410
Travel-$216-$216
Total Functional Expenses$2,426,618$507,896$0$2,934,514

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,940,348
Expenses per Audited Statements$2,934,514
Total Expenses per Form 990$2,934,514
Expenses Not Reported on Form 990$5,834
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
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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 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
Robert Best
Title
Board Chair
Phone
6039524705
Signed
2021-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Best
Formed
2013
Legal Domicile
Nh
Voting Board Members
6
Independent Board Members
5
Employees
52
Volunteers
36

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: program service expenses 1,819. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,819. Adp service fee: program service expenses 0. Management and general expenses 64,833. Fundraising expenses 0. Total expenses 64,833. Software lic. Fees: program service expenses 0. Management and general expenses 11,461. Fundraising expenses 0. Total expenses 11,461. Paypal fees: program service expenses 0. Management and general expenses 15. Fundraising expenses 0. Total expenses 15. It services : program service expenses 2,771. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,771. Bad debt expense: program service expenses 0. Management and general expenses 27,315. Fundraising expenses 0. Total expenses 27,315.”

Part XII Line 2C

“No changes 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 2017.”

Raw XML AppendixShowing 400 of 503 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.

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IRS990/OtherExpensesGrp/ProgramServicesAmt2790
IRS990/OtherExpensesGrp/TotalAmt030991
IRS990/OtherExpensesGrp/TotalAmt119849
IRS990/OtherExpensesGrp/TotalAmt22117
IRS990/OtherExpensesGrp/TotalAmt31512
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0STUDENT FEES
IRS990/OtherRevenueMiscGrp/Desc1WORKER'S COMP AUDIT RE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01595
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11343
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01595
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11343
IRS990/OtherRevenueTotalAmt02938
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0238535
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01634568
IRS990/OtherSalariesAndWagesGrp/TotalAmt01873103
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015449
IRS990/PayrollTaxesGrp/ProgramServicesAmt0133097
IRS990/PayrollTaxesGrp/TotalAmt0148546
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0440
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012925
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/Desc1SPED REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3SUMMER SCHOOL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02666975
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1187114
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt248594
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37176
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02666975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1187114
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt248594
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37176
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/ExpenseAmt030991
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt048594
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0223452
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0744386
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02514634
IRS990/PYRevenuesLessExpensesAmt0-16484
IRS990/PYSalariesCompEmpBnftPaidAmt02010184
IRS990/PYTotalExpensesAmt02754570
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02738086
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0111982
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt0900
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02864203
IRS990ScheduleA/SchoolInd0X
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/DonatedServicesAndUseFcltsAmt05834
IRS990ScheduleD/DonatedServicesUseFcltsAmt05834
IRS990ScheduleD/EquipmentGrp/BookValueAmt0168726
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0256915
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0425641
IRS990ScheduleD/ExpensesNotReportedAmt05834
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02934514
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt091414
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07408
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt098822
IRS990ScheduleD/RevenueNotReportedAmt05834
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03046496
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 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0260140
IRS990ScheduleD/TotalExpensesPerForm990Amt02934514
IRS990ScheduleD/TotalRevenuePerForm990Amt03046496
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03052330
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02940348
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 $7,188 PER STUDENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
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/ExplanationTxt3PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,819. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,819. ADP SERVICE FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 64,833. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 64,833. SOFTWARE LIC. FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,461. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,461. PAYPAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 15. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15. IT SERVICES : PROGRAM SERVICE EXPENSES 2,771. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,771. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 27,315. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,315.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGES 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 IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE FOUNDERS ACADEMY PUBLIC CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE FOUNDERS ACADEMY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0461308375
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT THE ESTABLISHMENT AND ONGOING OPERATIONS OF CHARTER SCHOOLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt011
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05 PERIMETER ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MANCHESTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd003103
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0162123
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt14699334
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt245000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt33517

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$857,623
Liabilities
$379,468
Net assets
$478,155
Revenue
$3,046,496
Expenses
$2,934,514
Net income
$111,982
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.03$1.14$1.90$3.93$3.89$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.34$1.86$4.53$3.47$1.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.39$0.80$3.43$3.11$0.32
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.38$0.48$3.05$2.93$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.22$0.37$2.74$2.75$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.09$0.38$2.41$2.46$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.03$0.43$2.11$1.90$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.34$0.12$0.22$1.35$1.29$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.10$0.16$0.98$0.87$0.12
2014Summary only. Only limited summary data is available for this year.$0.07$0.03$0.04$0.20$0.16$0.04