NonprofitsFoundation Academy Charter School

Education

Foundation Academy Charter School

TRENTON, NJ

Total revenue

$29.5M

Total expenses

$27.1M

Net assets

$12.8M

Grants received

$229K

18 grants

EIN

204406909

Tax year

2023

Mission

As a college-preparatory school, Foundation Academy Charter Schools mission is to ensure that all of their students secure the academic knowledge and skills to prepare them for the nations finest colleges, and to instill in them the core values of caring, respect, responsibility and honesty. Foundation Academy Charter Schools program is modeled after some of the highest performing urban charter schools in the country, and includes standardized classroom procedures, regular testing to track student progress, more time on task, a focus on values and building community, clear and innovative rewards and consequences designed to teach and emphasize positive academic and social behavior, school uniforms, 90-120 minutes of homework each night, and an overall rigorous academic program. Foundation Academy Charter School provides a longer school day and a longer school year which includes a two week summer session. Language arts and math classes are taught for more minutes each week than most sc

Financials

FY 2023

Revenue

Contributions & grants$27.7M
Program service revenue$1.9M
Investment income$224K
Other revenue
Total revenue$29.5M

Expenses

Grants paid
Salaries & benefits$16.2M
Fundraising
Other expenses$10.9M
Total expenses$27.1M
Total assets$24.0M
Net assets$12.8M

People

15 listed

NameRoleCompensation

JACQUI GRIFFITH

Vice President

Board

40 hrs/wk

DUNCAN HARRIS

Trustee

Board

2 hrs/wk

KIMME CARLOS

Trustee

Board

2 hrs/wk

STACY DENTON

Trustee

Board

2 hrs/wk

STEFANI SCHWARTZ

BOARD COUNSEL

Board

2 hrs/wk

TODD KENT

Trustee

Board

2 hrs/wk

RICHARD SEIGIER-CARTER

President

Board

2 hrs/wk

ANGELA JOYNER

MIDDLE SCH PR

Board

40 hrs/wk

CARL SEIDEN

Trustee

Board

2 hrs/wk

ANDRE MOORE

CFO

Board

40 hrs/wk

DIANA UBALDO

BUS. ADMIN.

Board

40 hrs/wk

CHRISTOPER MULLINS

Treasurer

Board

2 hrs/wk

SHERIA MC RAE

CHIEF ACAD OFF

Board

40 hrs/wk

NATASIA COOPER

CHIEF ACAD OFCR

Board

40 hrs/wk

ISABEL GOSS

HIGH SCH PRINC

Board

40 hrs/wk

Independent contractors

MASCHIOS FOOD SERVICE

FOOD SERVICE

CORE MECHANICAL

BUILDING CONTRACTOR

THE GILLESPIE GROUP

BUILDING CONTRACTOR

CDW GOVERNMENT

VENDOR

Grants received

Showing 18 of 18

FromAmountPurposeYear
$6K
For grant recipient's exempt purposes
2023
$11K
For grant recipient's exempt purposes
2022
$2K
GENERAL SUPPORT
2022
$11K
For grant recipient's exempt purposes
2021
$11K
For grant recipient's exempt purposes
2021
$3K
GENERAL SUPPORT
2021
$14K
COVID RELIEF GRANT
2020
$11K
For grant recipient's exempt purposes
2020
$5K
GENERAL SUPPORT
2020
$11K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$229K from 7 funders · 18 grants · 2017–2024

Princeton Area Community Foundation Inc

$126K · 5 grants · 2019–2024

Fidelity Investments Charitable Gift Fund

$59K · 6 grants · 2017–2023

Donor Advised Charitable Giving Inc

$16K · 2 grants · 2021–2022

New Jersey Public Charter Schools

$14K · 1 grant · 2020

Longview Foundation

$5K · 1 grant · 2020

Investors Foundation Inc

$5K · 2 grants · 2021–2022

Details

EIN204406909
NTEE codeB20
Subsection03
Ruling date2007-08
Employees209
FOUNDATION ACADEMY CHARTER SCHOOL — Mission, Financials & Grants Received | Grantivo