Logo for "FOUNDATION ACADEMY CHARTER SCHOOL"

FOUNDATION ACADEMY CHARTER SCHOOL

FOUNDATION ACADEMY CHARTER SCHOOL

TRENTON, NJ, US
501(c)(3)
EIN
20-4406909
School
Logo for "FOUNDATION ACADEMY CHARTER SCHOOL"

FOUNDATION ACADEMY CHARTER SCHOOL

TRENTON, NJ, US
501(c)(3)
EIN
20-4406909
School

Overview

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Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Foundation Academy Charter School is a college-preparatory nonprofit organization focused on elementary and secondary education, with a mission to equip students with the academic knowledge and skills necessary for admission to the nation's finest colleges, while fostering core values of caring, respect, responsibility, and honesty. With an operating budget of $27.1 million and total revenue of $29.5 million for the 2024 filing year, the school implements a rigorous academic program modeled after high-performing urban charter schools, featuring extended school days and years, and a strong emphasis on character development. The organization does not rely on a single funder for 50% or more of its revenue and can be found online at www.foundationacademies.org.

Mission Statement

As a college-preparatory school, Foundation Academy Charter Schools mission is to ensure that all of their students secure the academic knowledge and skills to prepare them for the nations finest colleges, and to instill in them the core values of caring, respect, responsibility and honesty. Foundation Academy Charter Schools 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 sc
Revenues

$29.5M

Expenses

$27.1M

Net Income:
+$2.4M
Assets

$24M

Liabilities

$11.2M

Net Assets:
+$12.8M
Operating Budget

$27.1M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$8K
Largest grant received
$10K
K
Kimme Carlos
Board Member
S
Stacy Denton
Board Member
T
Todd Kent
Board Member

Frequently Asked Questions

What is FOUNDATION ACADEMY CHARTER SCHOOL’s budget?
In 2024, FOUNDATION ACADEMY CHARTER SCHOOL reported an annual operating budget of around $27.1 million. More detailed financial information is available to registered users.
What causes does FOUNDATION ACADEMY CHARTER SCHOOL support?
FOUNDATION ACADEMY CHARTER SCHOOL supports work in Charter school education and Elementary and secondary education.
Where does FOUNDATION ACADEMY CHARTER SCHOOL operate?
FOUNDATION ACADEMY CHARTER SCHOOL is headquartered in TRENTON, NJ.
Who funded FOUNDATION ACADEMY CHARTER SCHOOL recently?
In 2024, FOUNDATION ACADEMY CHARTER SCHOOL received grants from Princeton Area Community Foundation Inc, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and Princeton Area Community Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant FOUNDATION ACADEMY CHARTER SCHOOL received in 2024?
The largest grant to FOUNDATION ACADEMY CHARTER SCHOOL in 2024 exceeds $10 thousand.
What is FOUNDATION ACADEMY CHARTER SCHOOL’s reliance on government grants?
FOUNDATION ACADEMY CHARTER SCHOOL relied on government grants for more than 90% of their total revenue in 2024.
Overview
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