The Foundation Schools
- Assets
- $23.0m
- Revenue
- $22.0m
- Investments
- $0.0
- Employees
- 282
- Location
- Largo, MD
- Founding
- 08/1975
- Data as of
- 06/2023
- EIN
- 23-7425256
Organization Overview
The Foundation Schools is located in Largo, MD. The organization was established in 1975. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Foundation Schools employed 282 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Schools is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Foundation Schools generated $22.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $20.4m during the year ending 06/2023. While expenses have increased by 3.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SPECIALIZED EDUCATIONAL AND THERAPEUTIC PROGRAMS FOR STUDENTS WITH EMOTIONAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SCHOOLS: THE FOUNDATION SCHOOLS OFFERS A NONPUBLIC SPECIAL EDUCATION PROGRAM FOR CHILDREN AND ADOLESCENTS IN GRADES K-12 AND AGES 5-21, WHO NEED AN INTEGRATED EDUCATION PROGRAM TO MEET THEIR ACADEMIC AND SOCIAL-EMOTIONAL NEEDS. THE FOUNDATION SCHOOLS UTILIZES MULTIPLE EVIDENCE-BASED PROGRAMS THAT HELP STUDENTS MEET ACADEMIC RIGOR, ENHANCE SELF-ESTEEM, REGULATE EMOTIONS AND DEVELOP APPROPRIATE SOCIAL SKILLS WHILE ADDRESSING LARGER ISSUES SUCH AS DRUG ABUSE, COMMUNITY VIOLENCE, BULLYING, AND TRUANCY WHICH ADVERSELY AFFECT ITS STUDENTS.
THE FOUNDATION LEARNING CENTER: FOR THE AUTISM PROGRAM KNOWN AS THE FOUNDATION LEARNING CENTER, THE PROGRAM WAS OFFICIALLY APPROVED TO OPEN IN AUGUST 2019 IN A STATE-OF-THE-ART LOCATION IN LANDOVER, MARYLAND. THE FOUNDATION LEARNING CENTER IS A FULL-DAY TYPE 1 NONPUBLIC SPECIAL EDUCATIION PROGRAM SERVING STUDENTS WITH AUTISM SPECTRUM DISORDERS (ASD), IN GRADES K-12, AGES 5 TO 21. THE FOUNDATION LEARNING CENTER HAS BEEN CAREFULLY DESIGNED TO PROVIDE THE EDUCATIONAL, SOCIAL-EMOTIONAL, AND COMMUNICATION SUPPORTS NEEDED FOR CHILDREN WITH ASD AND OTHER DEVELOPMENTAL DISORDERS. THE FOUNDATION LEARNING CENTER OFFERS SPECIALIZED PROGRAMMING TO MEET THE UNIQUE NEEDS OF SSTUDENTS WITH ASD WHO DISPLAY A SPECTRUM OF DEVELOPMENT DELAYS, SOCIAL SKILLS IMPAIRMENT AND COMMUNICATION DEVELOPMENT NEEDS.IN AUGUST 2022, THE FOUNDATION SCHOOLS FOURTH AND NEWEST SCHOOL, THE FOUNDATION SCHOOL AT BLAIR G. EWING, OPENED IN ROCKVILLE, MARYLAND. THE FOUNDATION SCHOOL AT BLAIR G. EWING IS A TYPE II NONPUBLIC SPECIAL EDUCATION DAY SCHOOL PROGRAM THAT SERVES A SMALL SPECIFIC SET OF STUDENTS WHO ARE IDENTIFIED AS NEEDING SPECIAL EDUCATION SERVICES WITHIN A PUBLIC SCHOOL SETTING. THERE HAS BEEN AN INCREASING DEMAND FOR PROGRAMMING FOR STUDENTS WITH SPECIAL NEEDS, SPECIFICALLY IN SOCIAL-EMOTIONAL AND LEARNING CHALLENGES. THE FOUNDATION SCHOOLS IS PROUD TO EXPAND THEIR SERVICE TO REACH MORE STUDENTS REQUIRING SPECIALIZED CARE.
FOUNDATION LINKS: THROUGH HOME-BASED AND AFTER SCHOOL OUTREACH INTERVENTIONS, THE FOUNDATION LINKS PROGRAM CONNECTS STUDENTS AND THEIR FAMILIES TO QUALITY COMMUNITY-BASED RESOURCES. FOR THOSE WHO DO NOT HAVE THE MEANS TO SEEK PRIVATE THERAPEUTIC CARE, THE FOUNDATION LINKS PROGRAM INTRODUCES ACCESSIBLE RESOURCES INCLUDING CONSULTATION WITH THE FOUNDATION SCHOOLS' PSYCHIATRISTS. OTHER RESOURCES INCLUDE PROVIDING CRISIS INTERVENTION SERVICES SUCH AS FOOD AND CLOTHING, TRANSPORTATION AND IN-HOME THERAPEUTIC SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gina James CEO & Secretary | Officer | 40 | $244,175 |
Michelle Lieberman Director Of Human Resources | Officer | 40 | $150,363 |
Tori Wilson Principal | 40 | $139,086 | |
Yvette Colvin Director Of Operations | 40 | $138,618 | |
Tamiko Lobaugh Principal | 40 | $121,843 | |
Tikita Williams Principal | 40 | $109,545 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Associated Building Maintenance Co Custodial Services | 6/29/23 | $299,127 |
Heavenly Edibles & Stuff Llc Catering For Student Meals | 6/29/23 | $207,604 |
Rsi-rehabilitation Services Inc Speech & Ot Contractors | 6/29/23 | $200,616 |
Sirin Construction & Maintenance Llc Renovations, Repairs & Painting | 6/29/23 | $168,638 |
Alignstaffing Inc Dedicated Aide Svc Contractors | 6/29/23 | $125,487 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $283,772 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,139,430 |
| Noncash contributions included in lines 1a–1f | $41,222 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,423,202 |
| Total Program Service Revenue | $20,436,962 |
| Investment income | $155,260 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,922 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,048,465 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $570,501 |
| Compensation of current officers, directors, key employees. | $48,879 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,043,941 |
| Pension plan accruals and contributions | $566,079 |
| Other employee benefits | $1,476,372 |
| Payroll taxes | $978,072 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,140 |
| Fees for services: Accounting | $12,016 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $673,580 |
| Advertising and promotion | $0 |
| Office expenses | $287,151 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,329,820 |
| Travel | $25,006 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,356 |
| Interest | $137,174 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $467,928 |
| Insurance | $112,261 |
| All other expenses | $52,957 |
| Total functional expenses | $20,388,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,274,153 |
| Savings and temporary cash investments | $4,829,972 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,257,085 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $385,666 |
| Net Land, buildings, and equipment | $4,464,757 |
| Investments—publicly traded securities | $5,187,319 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,626,181 |
| Total assets | $23,025,133 |
| Accounts payable and accrued expenses | $1,921,993 |
| Grants payable | $0 |
| Deferred revenue | $145,000 |
| Tax-exempt bond liabilities | $3,972,198 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,693,685 |
| Total liabilities | $10,732,876 |
| Net assets without donor restrictions | $11,338,702 |
| Net assets with donor restrictions | $953,555 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $23,025,133 |