Founders Academy Foundation
EIN: 461308375 · Manchester, NH · NTEE: B112
| Metric | Value |
|---|---|
| Total Revenue | $221K |
| Total Expenses | $91K |
| Net Assets | $4.6M |
Is Founders Academy Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Founders Academy Foundation
Founders Academy Foundation (EIN: 461308375) is a nonprofit organization based in Manchester, NH, classified under NTEE code B112. The organization reported total revenue of $221K and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Founders Academy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Founders Academy Foundation is a small nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2012–2024).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -104.1% | -95.4% | -7.0% |
| 2022 | +107.9% | +113.1% | +2.3% |
| 2021 | +66.8% | +65.4% | +11.2% |
| 2020 | +197.8% | +651.7% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Founders Academy Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Founders Academy Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 7.6%.
Frequently Asked Questions about Founders Academy Foundation
Is Founders Academy Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Founders Academy Foundation (EIN: 461308375) insufficient data. 0 red flags identified, 0 strengths noted.
How does Founders Academy Foundation spend its money?
Detailed spending breakdown data is not yet available for Founders Academy Foundation. Check back for updated IRS 990 analysis.
Are donations to Founders Academy Foundation tax-deductible?
Founders Academy Foundation is registered as a tax-exempt nonprofit (EIN: 461308375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Founders Academy Foundation located?
Founders Academy Foundation is headquartered in Manchester, New Hampshire and files with the IRS under EIN 461308375. It is classified under NTEE code B112.
How many years of IRS 990 filings does Founders Academy Foundation have?
Founders Academy Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $221K in total revenue.
Filing History
IRS 990 filing history for Founders Academy Foundation showing financial trends over 13 years of public records:
Total assets increased by 500292600% over the same period, from $1 to $5.0M. The organization holds $380K in liabilities against $5.0M in assets (debt-to-asset ratio: 7.6%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $-47,267 | $91K | $5.0M | $380K | — | — |
| 2023 | $-66,081 | $67K | $5.4M | $589K | — | — |
| 2022 | $1.6M | $1.5M | $5.8M | $402K | — | View 990 |
| 2021 | $769K | $690K | $5.6M | $400K | — | View 990 |
| 2020 | $461K | $417K | $5.1M | $0 | — | View 990 |
| 2019 | $155K | $55K | $5.0M | $6K | — | View 990 |
| 2018 | $1.3M | $37K | $4.9M | $13K | — | View 990 |
| 2017 | $1.7M | $257K | $5.1M | $1.4M | — | View 990 |
| 2016 | $1.1M | $317K | $5.2M | $3.1M | — | View 990 |
| 2015 | $271K | $394K | $5.4M | $4.1M | — | View 990 |
| 2014 | $1.6M | $72K | $2.2M | $701K | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
| 2012 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $-47,267, expenses of $91K, and assets of $5.0M.
- 2023: Revenue of $-66,081, expenses of $67K, and assets of $5.4M (revenue -104.1% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $5.8M (revenue +107.9% year-over-year).
- 2021: Revenue of $769K, expenses of $690K, and assets of $5.6M (revenue +66.8% year-over-year).
- 2020: Revenue of $461K, expenses of $417K, and assets of $5.1M (revenue +197.8% year-over-year).
- 2019: Revenue of $155K, expenses of $55K, and assets of $5.0M (revenue -88.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $37K, and assets of $4.9M (revenue -23.0% year-over-year).
- 2017: Revenue of $1.7M, expenses of $257K, and assets of $5.1M (revenue +51.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $317K, and assets of $5.2M (revenue +316.6% year-over-year).
- 2015: Revenue of $271K, expenses of $394K, and assets of $5.4M (revenue -82.6% year-over-year).
- 2014: Revenue of $1.6M, expenses of $72K, and assets of $2.2M.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Founders Academy Foundation:
Data Sources and Methodology
This transparency report for Founders Academy Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.