Founders Academy

Organization Overview

Founders Academy is located in Manchester, NH. The organization was established in 2015. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2023, Founders Academy employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Founders Academy 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, Founders Academy generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $3.9m during the year ending 06/2023. While expenses have increased by 14.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDERS ACADEMY IS A PUBLIC CHARTER SCHOOL FOR GRADES 5 -12 THAT IS FREE AND OPEN TO NH KIDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTIONAL: OPEN-ENROLLMENT CHARTERED PUBLIC SCHOOL FOR GRADES 5 THROUGH 12, FOCUSING ON A CLASSICAL EDUCATION INCLUDING STUDIES IN HISTORY, LEADERSHIP, ETHICS, DEBATE, BUSINESS AND FINANCE, CLASSICAL LITERATURE AS WELL AS THE STANDARD HIGH SCHOOL CURRICULUM OF MATH, SCIENCE, LANGUAGES AND THE ARTS.


STUDENT ACTIVITIES: THERE IS A WIDE VARIETY OF ACTIVITIES AVAILABLE TO THE FOUNDER'S ACADEMY STUDENTS, INCLUDING, BUT NOT LIMITED TO: DRAMA, BAND AND CHORUS, DANCE, SOCCER, AND THE FIRST LEGO LEAGUE WHICH IS A ROBOTICS PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Patricia Humphrey
Secretary
$0
Robert Best
Board Chair
$0
Kim Lavallee
Vice Chair
$0
Kyle Fox
Treasurer
$0
Frank Weiss
Director
$0
John Bauer
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $450,098
All other contributions, gifts, grants, and similar amounts not included above$64,390
Noncash contributions included in lines 1a–1f $27,700
Total Revenue from Contributions, Gifts, Grants & Similar$514,488
Total Program Service Revenue$3,410,660
Investment income $2,191
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,931,316

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