nonprofit logo

New Foundations Charter School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 233040993 ✦ Marlton, NJ ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is New Foundations Charter School?

New Foundations Charter School is a charter institution located in Marlton, New Jersey, with the address 13000 Lincoln Drive West, ZIP code 080533408. This nonprofit organization serves students in the City of Philadelphia, catering to grades K-12. The mission of New Foundations Charter School is to provide students with the essential academic, social, and emotional foundations and skills needed to become successful, socially competent contributors to their communities. The founders of this school are dedicated to fostering a lifelong learning environment, ensuring the achievement of all students. By creating a caring atmosphere that permeates every aspect of school life, they promote attachment and responsibility among students and the school community as a whole. The New Foundations Charter School team consists of 242 employees.


Official website here: www.nfcsonline.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

New Foundations Charter School has received an 81% rating from Charity Navigator, which reflects a solid performance in the realm of accountability and finance. This rating indicates that the organization has established a strong foundation in its operational practices, ensuring transparency and responsible management of funds. The score is specifically derived from a comprehensive evaluation of their financial accountability, highlighting the school's commitment to ethical governance.

The organization excels in maintaining an independent board, with all eight members being independent, and scores full marks for its audit and oversight mechanisms. Additionally, New Foundations Charter School demonstrates comprehensive financial policies, including conflict of interest and whistleblower protections, contributing to its high marks in financial accountability. Its program expense ratio of 70.58% indicates a significant portion of resources is directed towards its educational mission.

However, while the organization shows strengths in financial practices, there are no specific details provided regarding the impact or effectiveness of its programs. This lack of information could be seen as a limitation for stakeholders seeking to understand the broader outcomes of the school's educational initiatives. Overall, the high rating suggests a well-managed nonprofit with a focus on financial integrity.


This AI summary has been generated from information found on Charity Navigator.

Is New Foundations Charter School legitimate?

New Foundations Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Foundations 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: $58,304
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,807,940

For more financial information, click here


Official website here: www.nfcsonline.org

What is the mission statement of New Foundations Charter School?

New Foundations Charter School is dedicated to equipping students with the academic, social, and emotional foundations and skills required to become successful, socially competent members of their communities. The founders of the school are committed to fostering an atmosphere of caring that permeates every aspect of school life, encouraging attachment and responsibility among all members of the community. This nurturing environment prioritizes the achievement of all students and promotes lifelong learning. The mission of New Foundations Charter School is to ensure that its students develop the necessary skills and foundations to thrive in their communities and make a positive impact.


Official website here: www.nfcsonline.org

Who is the CEO of New Foundations Charter School?

Christopher Zagacki is the Vice President of New Foundations Charter School. The CEO's salary of New Foundations Charter School is $147,033 and their total compensation is $165,528.


Official website here: www.nfcsonline.org

What is the revenue of New Foundations Charter School?

New Foundations Charter School's revenue in 2022 was $26,169,943.


Official website here: www.nfcsonline.org

Who are the executives of New Foundations Charter School and what are their salaries?

The average compensation at New Foundations Charter School during 2022 was $44,902. There are 242 employees at New Foundations Charter School.


Here are 13 key members and their salaries (New Foundations Charter School's CEO's salary is $147,033 and their total compensation is $165,528):


Kisha Thompson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Shirley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lizette Olmeda (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Perzel (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Carey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Matthews (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lambie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Bowman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lydia Glassie (Ceo)
  • Compensation: $147,033
  • Related: $0
  • Other: $18,495
Janel Woodling (Vice Principal)
  • Compensation: $104,871
  • Related: $0
  • Other: $43,725
Joseph Spera (Director Of Athletics & Ac)
  • Compensation: $105,088
  • Related: $0
  • Other: $45,961
Christian Laurence (Director Of Special Ed)
  • Compensation: $100,244
  • Related: $0
  • Other: $55,806
Sarnetta Sumner (Vice Principal)
  • Compensation: $100,426
  • Related: $0
  • Other: $57,679


Official website here: www.nfcsonline.org

Where can I find the form 990 for New Foundations Charter School?

New Foundations Charter School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nfcsonline.org

Learn more at the official website: www.nfcsonline.org

Mission Statement of New Foundations Charter School

New Foundations Charter School, a dedicated educational institution, is committed to fostering the academic, social, and emotional growth of its students. By providing them with essential foundations and skills, the school aims to cultivate high-achieving, socially competent individuals who will become valuable contributors to their communities.

The founders of New Foundations Charter School have made a promise to ensure a lifelong learning commitment for all students. They strive to create an atmosphere of care that permeates every aspect of school life. This nurturing environment encourages attachment and responsibility among students, fostering a strong sense of community within the school.

Capitalizing on the belief that education transcends the classroom, New Foundations Charter School fosters an atmosphere of learning that goes beyond the textbooks. By instilling a strong sense of responsibility and attachment to the school community, the educators at New Foundations Charter School are building a foundation for their students' future success. The school's mission is more than just words on paper; it is a living, breathing commitment to helping students reach their full potential.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

New Foundations Charter School significantly impacts its students and the broader community by equipping learners with essential academic, social, and emotional skills necessary for high achievement and responsible citizenship. Located in the heart of Philadelphia and serving grades K-12, the school emphasizes lifelong learning and personal growth within a nurturing environment that fosters a sense of belonging and accountability among all school members.

The school’s commitment to creating a caring atmosphere ensures that every student feels valued and supported. This environment not only enhances academic performance but also helps students develop into socially competent individuals who are prepared to contribute positively to their communities. By prioritizing holistic development, New Foundations Charter School plays a pivotal role in shaping well-rounded, engaged citizens who understand the importance of stewardship and community responsibility.




This information is meant to be a general summary of New Foundations 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.

Revenue
$26,169,943 (2022)
Expenses
$22,798,538 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,394
  • Program Service Revenue: $21,538,736
  • Gross Receipts: $26,169,943

Assets and Liabilities:

  • Total Assets: $41,603,312
  • Total Liabilities: $43,609,169
  • Net Assets: -$2,005,857

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOOL DISTRCIT DIRECT SUBSIDY

Revenue

$20,351,118

FOOD SERVICE

Revenue

$840,183

STATEMENT REIMBURSEMENTS

Revenue

$301,850

CHILD CARE FEES

Revenue

$45,585

Organization Details

Founding Year

1999

Principal Officer

Christopher Zagacki

Main Address

13000 LINCOLN DRIVE WEST, MARLTON, NJ, 080533408

NTEE Category

Code: B24 - Education

If you are a representative of New Foundations Charter School and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.