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The Foundation Schools

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

EIN: 237425256 ✦ Largo, MD ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation Schools?

The Foundation Schools is a nonprofit organization based in Largo, Maryland, offering a specialized educational program for children and adolescents in grades K-12, aged 5-21. These students require an integrated program to meet their academic and social-emotional needs. The Foundation Schools utilizes multiple evidence-based programs to help students achieve academic rigor, boost self-esteem, regulate emotions, and develop appropriate social skills. They address larger issues, such as drug abuse, community violence, bullying, and truancy that negatively impact their students. The mission of the Foundation Schools is to provide highly specialized educational and therapeutic programs for students identified with emotional disabilities, as well as those with social, emotional, and learning challenges, preparing them to be lifelong learners. The organization has a workforce of 256 employees.


Official website here: www.foundationschools.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

The Foundation Schools has achieved an impressive Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. The organization scored 100% for its independent board member structure, with all board members being independent, which enhances governance quality. Additionally, they have a robust audit and oversight committee, along with comprehensive policies that ensure transparency and ethical practices, such as conflict of interest and whistleblower policies.

Financially, The Foundation Schools demonstrates a high commitment to its mission, with an exceptional program expense ratio of 89.27%. This indicates that a significant majority of its funding is directed toward its programs rather than administrative costs. The organization's liabilities to assets ratio is also healthy at 46.61%, which reflects financial stability and prudent management of resources.

While the data overwhelmingly supports the organization's strengths, it is important for potential donors and supporters to consider ongoing financial health and programmatic effectiveness. Overall, the rating and supporting metrics suggest that The Foundation Schools is a trustworthy and effective nonprofit dedicated to its objectives.


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

Is The Foundation Schools legitimate?

The Foundation Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation Schools 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: $463,847
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,082,451

For more financial information, click here


Official website here: www.foundationschools.org

What is the mission statement of The Foundation Schools?

The Foundation Schools are nonprofit specialized day schools dedicated to providing highly specialized educational and therapeutic programs for students with emotional disabilities and those with social, emotional, and learning challenges. Their mission is to prepare these students to be lifelong learners by addressing their academic needs and helping them enhance self-esteem, regulate emotions, and develop appropriate social skills. The schools utilize multiple evidence-based programs to meet academic rigor and deal with larger issues like drug abuse, community violence, bullying, and truancy that can adversely affect their students.


Official website here: www.foundationschools.org

Who is the CEO of The Foundation Schools?

Gina James is the Chairman of The Foundation Schools. The CEO's salary of The Foundation Schools is $226,880 and their total compensation is $253,800.


Official website here: www.foundationschools.org

What is the revenue of The Foundation Schools?

The Foundation Schools's revenue in 2022 was $19,826,112.


Official website here: www.foundationschools.org

Who are the executives of The Foundation Schools and what are their salaries?

The average compensation at The Foundation Schools during 2022 was $45,103. There are 256 employees and 10 volunteers at The Foundation Schools.


Here are 17 key members and their salaries (The Foundation Schools's CEO's salary is $226,880 and their total compensation is $253,800):


Andre J Gingles Esq (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Randolph (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas M Degonia Ii Esq (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea R Adler Lcsw-C (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James W Cornelsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Jackson Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neena Masih (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Porter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina James (Ceo & Secretary)
  • Compensation: $226,880
  • Related: $0
  • Other: $26,920
Amir Malek (Director Of Finance)
  • Compensation: $154,506
  • Related: $0
  • Other: $18,456
Michelle Lieberman (Director Of Human Resources)
  • Compensation: $144,810
  • Related: $0
  • Other: $18,487
Yvette Colvin (Director Of Operations)
  • Compensation: $133,017
  • Related: $0
  • Other: $17,537
Kelli Kunert (Director Of Comm. & Development)
  • Compensation: $129,342
  • Related: $0
  • Other: $10,970
Tori Wilson (Principal)
  • Compensation: $129,322
  • Related: $0
  • Other: $10,784
Tamiko Lobaugh (Principal)
  • Compensation: $116,365
  • Related: $0
  • Other: $9,792


Official website here: www.foundationschools.org

Where can I find the form 990 for The Foundation Schools?

The Foundation Schools's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foundationschools.org

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

Mission Statement of The Foundation Schools

The Foundation Schools, a renowned nonprofit organization, is dedicated to providing specialized educational and therapeutic programs for students with emotional disabilities and learning challenges. Its mission goes beyond academics, striving to prepare students to become lifelong learners.

The Foundation Schools offers a unique, nonpublic special education program catering to children and adolescents in grades K-12, ages 5-21. These students have specific academic and social-emotional needs that require an integrated educational approach. The Foundation Schools utilizes multiple evidence-based programs to help students meet academic rigor, enhance self-esteem, regulate emotions, and develop appropriate social skills.

Beyond addressing academic and social challenges, The Foundation Schools tackles larger issues such as drug abuse, community violence, bullying, and truancy that adversely affect its students. By implementing innovative programs, this esteemed institution fosters a nurturing environment where students can thrive and grow, ultimately enabling them to reach their full potential.

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Impact




October, 2024

The Foundation Schools significantly impacts the lives of students with emotional disabilities by providing a tailored educational and therapeutic environment. By offering specialized programs for children and adolescents, the schools cater to the unique academic and social-emotional needs of students in grades K-12, ages 5-21.

Students benefit from evidence-based curricula that foster academic rigor while also enhancing their self-esteem, emotional regulation, and social skills. The Foundation Schools proactively address challenges such as drug abuse, bullying, and community violence, which can hinder a student's ability to thrive. This holistic approach not only supports the educational development of these students but also prepares them to become lifelong learners equipped to handle both academic and personal challenges.

By focusing on the integration of education and emotional support, The Foundation Schools create a nurturing and structured environment, enabling students to overcome barriers to learning and achieve their full potential.




This information is meant to be a general summary of The Foundation Schools. 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
$19,826,112 (2022)
Expenses
$18,959,039 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$2,522
  • Program Service Revenue: $19,047,366
  • Gross Receipts: $24,905,003

Assets and Liabilities:

  • Total Assets: $16,377,358
  • Total Liabilities: $5,928,574
  • Net Assets: $10,448,784

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Programs

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

TUITION

Revenue

$18,475,489

MEDICAL ASSISTANCE

Revenue

$255,752

PREVENTATIVE

Revenue

$248,000

E-RATE PROGRAM

Revenue

$67,512

STUDENT MEAL PROGRAM

Revenue

$613

Organization Details

Founding Year

1975

Principal Officer

Gina James

Main Address

1330 MCCORMICK DRIVE, LARGO, MD, 20774

NTEE Category

Code: B24Z - Education

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