Overview
What is Foundation Academy Charter School?
Foundation Academy Charter School is a college-preparatory institution located in Trenton, New Jersey, with a USAddress at 363 West State Street, ZIP code 08618. Established a dozen years ago, the school offers educational services to students in kindergarten through 12th grade. Their program encompasses social, health, and nutritional aspects, as well as regular and special education. The enrollment during the 2018-2019 school year consisted of 1048 students, with 249 in the primary grades, 251 in intermediate, 253 in middle, and 288 in high school. The mission of Foundation Academy Charter School is to prepare students for the best colleges in the country, instilling core values such as caring, respect, responsibility, and honesty. Their rigorous academic program includes standardized procedures, frequent testing, extended homework, a focus on community, and a longer school day and year.
Official website here: www.foundationacademies.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Foundation Academy Charter School has achieved a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The rating is based entirely on the Accountability & Finance score, which highlights the nonprofit's strong governance practices, including a fully independent board and thorough financial oversight.
The organization excels in various areas, showing a robust structure with all eight board members being independent, receiving full points for independent board size. Additionally, it has not experienced any material diversion of assets and has a commendable program expense ratio of 69.06%, indicating that a significant portion of its funding is directed towards programs rather than administrative costs.
However, some areas for improvement have been noted, particularly the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which received zero points. Addressing these governance aspects could enhance the organization's overall performance and build greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Academy Charter School legitimate?
Foundation Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Academy Charter School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,879,047
For more financial information, click here
Official website here: www.foundationacademies.org
What is the mission statement of Foundation Academy Charter School?
Foundation Academy Charter School is committed to preparing all its students for entrance into prestigious colleges by providing them with the necessary academic knowledge and essential values. Modeled after successful urban charter schools, the institution offers a structured academic program with standardized procedures, regular testing, longer school hours, and a focus on core values. The rigorous curriculum includes extended language arts and math classes, homework assignments, and a two-week summer session. The school instills caring, respect, responsibility, and honesty in its students while emphasizing positive academic and social behavior through innovative rewards and consequences. Foundation Academy Charter School's mission is to ensure students' academic success and personal growth.
Official website here: www.foundationacademies.org
Who is the CEO of Foundation Academy Charter School?
Graig Weiss is the Ceo of Foundation Academy Charter School. The CEO's salary of Foundation Academy Charter School is $0 and their total compensation is $0.
Official website here: www.foundationacademies.org
What is the revenue of Foundation Academy Charter School?
Foundation Academy Charter School's revenue in 2022 was $21,687,703.
Official website here: www.foundationacademies.org
Who are the executives of Foundation Academy Charter School and what are their salaries?
The average compensation at Foundation Academy Charter School during 2022 was $53,400. There are 185 employees at Foundation Academy Charter School.
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Official website here: www.foundationacademies.org
Where can I find the form 990 for Foundation Academy Charter School?
Foundation Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundationacademies.org
Learn more at the official website: www.foundationacademies.org
Mission Statement of Foundation Academy Charter School
Foundation Academy Charter School, a college-preparatory institution, is dedicated to helping all its students acquire the necessary academic knowledge and skills to attend prestigious colleges in the future. The school's mission goes beyond academics, as it also strives to instill in its students the core values of caring, respect, responsibility, and honesty.
Modeled after some of the most successful urban charter schools in the country, Foundation Academy Charter School implements standardized classroom procedures, regular testing, and a longer school day and year. Students are expected to spend 90-120 minutes on homework each night and attend language arts and math classes for more minutes per week than most schools. The academic program is rigorous and designed to emphasize positive academic and social behavior through clear and innovative rewards and consequences. The school uniform policy adds to the sense of community and shared identity.
Foundation Academy Charter School provides its students with a comprehensive educational experience that goes beyond the classroom. The longer school day and year include a two-week summer session, ensuring students remain engaged in their learning throughout the year. The school's commitment to its students' success is evident in its focus on values, building community, and providing a nurturing environment where students can thrive.
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Impact
October, 2024
Foundation Academy Charter School has made a significant impact on the educational landscape in Trenton, NJ, by providing a rigorous college preparatory program designed to equip students with the knowledge and skills necessary for success in higher education. The school serves grades K-12, with an average daily enrollment of 1,048 students during the 2018-2019 school year, fostering a diverse and engaging learning environment.
By implementing a structured curriculum modeled after high-performing urban charter schools, Foundation Academy emphasizes standardized classroom procedures and regular progress assessments, allowing for tailored support and enhanced academic achievement. The extended school day and year, which includes a two-week summer session, ensure that students are provided with ample learning opportunities, particularly in language arts and math, where additional instructional time is dedicated.
Foundation Academy’s commitment to core values—caring, respect, responsibility, and honesty—extends beyond academics into the cultivation of a positive school community. The program prioritizes parental involvement and reinforces desirable student behavior through innovative reward and consequence systems. This holistic approach not only supports academic learning but also fosters social development, preparing students to thrive in a competitive college environment.
Overall, Foundation Academy Charter School plays a crucial role in transforming the lives of its students, helping them secure a brighter future and strengthening the community through education.
This information is meant to be a general summary of Foundation Academy Charter School. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8,046
- Program Service Revenue: $781,200
- Gross Receipts: $21,687,703
Assets and Liabilities:
- Total Assets: $21,589,488
- Total Liabilities: $12,830,251
- Net Assets: $8,759,237
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM REVENUE-LINE 2
Revenue
$781,200
Organization Details
Phone
(609) 920-9200Principal Officer
Graig Weiss
Main Address
363 WEST STATE STREET, TRENTON, NJ, 08618
Website
www.foundationacademies.orgNTEE Category
Code: B20 - Education
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