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The Founders Academy Public 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: 463442950 ✦ Manchester, NH ✦ Designated as a 501(c)(3)

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Overview

What is The Founders Academy Public Charter School?

The Founders Academy Public Charter School is a free, open-enrollment chartered institution located in Manchester, New Hampshire, specifically at 5 Perimeter Road, ZIP code 03103. It serves students from grade 5 to grade 12 and offers a unique educational approach, focusing on classical education. This encompasses subjects like history, leadership, ethics, debate, business and finance, classical literature, as well as the standard high school curriculum of mathematics, science, languages, and arts. The school's mission is to develop well-rounded leaders who appreciate the lessons of the past, exhibit exceptional character, and lead by example. The school recognizes the importance of balance in personal development and respects each student's individual journey. With a staff of 81 dedicated individuals, The Founders Academy provides a nurturing environment for students to grow and thrive.


Official website here: www.thefoundersacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

The Founders Academy Public Charter School has achieved a solid 88% rating from Charity Navigator, primarily focused on its accountability and finance metrics. This score reflects a strong commitment to responsible financial management and transparency, showcasing the organization’s effective use of funds with a program expense ratio of 80.48%, indicating that a significant portion of its budget is directed towards its educational programs.

The organization demonstrates strong governance practices, with 100% of its board members being independent, which is essential for maintaining an unbiased oversight of operations. Additionally, the financial statements are thoroughly audited, and there are no reported material diversions of assets. These factors contribute positively to the overall rating and suggest that the nonprofit is well-managed.

However, there are some noted limitations, particularly the absence of a whistleblower policy and document retention and destruction policy, which are important for organizational integrity and risk management. While these issues do not significantly detract from the overall score, they indicate areas where the organization could enhance its governance practices further.


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

Is The Founders Academy Public Charter School legitimate?

The Founders Academy Public Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Founders Academy Public 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: $117,606
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,281,936

For more financial information, click here


Official website here: www.thefoundersacademy.org

What is the mission statement of The Founders Academy Public Charter School?

The Founders Academy Public Charter School, catering to grades 5-12, strives to educate its students by instilling a deep understanding of historical lessons. The school's mission is to nurture leaders who exhibit exceptional character and lead by example. Recognizing the significance of a balanced approach in personal development, the academy encourages the holistic growth of each student, respecting their individual journeys.


Official website here: www.thefoundersacademy.org

Who is the CEO of The Founders Academy Public Charter School?

Robert Best is the Secretary of The Founders Academy Public Charter School.


Official website here: www.thefoundersacademy.org

What is the revenue of The Founders Academy Public Charter School?

The Founders Academy Public Charter School's revenue in 2023 was $3,931,316.


Official website here: www.thefoundersacademy.org

Who are the executives of The Founders Academy Public Charter School and what are their salaries?

The average compensation at The Founders Academy Public Charter School during 2023 was $29,624. There are 81 employees and 40 volunteers at The Founders Academy Public Charter School.


Here are 8 key members and their salaries:


Patricia Humphrey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Best (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Lavallee (Vice Chair)
  • Compensation: $0
  • Related: $55,000
  • Other: $0
Kyle Fox (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Weiss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Roy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassie Hayes (Dean, Head Of School)
  • Compensation: $89,352
  • Related: $0
  • Other: $21,491


Official website here: www.thefoundersacademy.org

Where can I find the form 990 for The Founders Academy Public Charter School?

The Founders Academy Public Charter School's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thefoundersacademy.org

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

Mission Statement of The Founders Academy Public Charter School

The Founders Academy Public Charter School, a free and accessible educational institution for New Hampshire students in grades 5 through 12, is committed to nurturing future leaders. This public chartered school recognizes the significance of learning from history and emphasizes the importance of demonstrating exceptional character and leading by example. The Academy values the holistic development of each student, understanding that balance is crucial in shaping a well-rounded individual. It respects the unique journey of each student and strives to foster an environment that encourages growth and personal development.

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Impact




July, 2024

The Founders Academy Public Charter School's impact is significant in providing a free and open-enrollment charter school option for grades 5-12 in New Hampshire. By focusing on a classical education model that includes studies in history, leadership, ethics, debate, business and finance, classical literature, as well as the standard high school curriculum, the school is fostering well-rounded individuals. The school's mission to develop leaders who understand and apply lessons of the past, demonstrate exceptional character, and lead by example is contributing to the growth of a future generation of ethical and knowledgeable leaders in the community.




This information is meant to be a general summary of The Founders Academy Public 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
$3,931,316 (2023)
Expenses
$3,894,144 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,191
  • Program Service Revenue: $3,410,660
  • Gross Receipts: $3,931,316

Assets and Liabilities:

  • Total Assets: $3,032,134
  • Total Liabilities: $1,136,107
  • Net Assets: $1,896,027

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Programs

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

STATE PER PUPIL AID

Revenue

$3,164,465

SPED REIMBURSEMENTS

Revenue

$160,678

STUDENT ACTIVITIES

Revenue

$82,412

SUMMER SCHOOL

Revenue

$3,105

Organization Details

Founding Year

2013

Principal Officer

Robert Best

Main Address

5 PERIMETER ROAD, MANCHESTER, NH, 03103

NTEE Category

Code: B25 - Education

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