2024-07-11T12:15:14-05:00 2023-08-31 872525370 CITRIN COOPERMAN ADVISORS LLC 1800 JFK BLVD 20TH FLOOR PHILADELPHIA PA 19103 990 2022-09-01 521801849 FOUNDATIONS INC FOUN 8565331600 701 EAST GATE DRIVE 300 MOUNT LAUREL NJ 08054 MICHAEL PIAZZA-SUGARMAN CHIEF FINANCIAL OFFICER 8565331600 2024-07-11 1 MICHAEL PIAZZA-SUGARMAN 999009999 0 BRETT DUBIN P00740974 2155454800 2024-07-11 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL PIAZZA-SUGARMAN 701 EAST GATE DRIVE 300 MOUNT LAUREL NJ 08054 10390477 0 1 X WWW.FOUNDATIONSINC.ORG X 1992 DE FOUNDATIONS IS DEDICATED TO IMPROVING THE QUALITY OF EDUCATION FOR OUR NATION'S MOST VULNERABLE CHILDREN BY STRENGTHENING THE SKILLS OF EDUCATORS THROUGH PROFESSIONAL LEARNING. FOUNDATIONS, INC. IS A NOT-FOR-PROFIT EDUCATIONAL SERVICE ORGANIZATION COMMITTED TO BUILDING THE QUALITY OF EDUCATIONAL OPPORTUNITIES FOR CHILDREN, YOUTH, AND FAMILIES IN UNDERSERVED COMMUNITIES THROUGH WORK WITH PUBLIC CHARTER SCHOOLS, SCHOOL DISTRICTS, EDUCATION AND COMMUNITY-BASED ORGANIZATIONS, AND AFTERSCHOOL PROGRAM PROVIDERS. THE ORGANIZATION FOCUSES ON CAPACITY-BUILDING THROUGH PROFESSIONAL LEARNING, TECHNICAL ASSISTANCE, PROGRAM DEVELOPMENT, SUPPORTING TOOLS, AND SERVICES. THE ORGANIZATION RECEIVES ITS SUPPORT FROM VARIOUS SOURCES INCLUDING FOUNDATION GRANT PROGRAMS, GOVERNMENT GRANTS, PERFORMANCE CONTRACTS, PRODUCT SALES, CONTRIBUTIONS FROM FOUNDATIONS, AND CONFERENCE FEES. 7 6 485 8 0 0 4382393 4615357 4689797 5744750 -1170 15372 15787 14998 9086807 10390477 0 0 0 0 5497980 6710388 0 0 0 3691007 3691032 9188987 10401420 -102180 -10943 5648195 6134784 1083759 1581291 4564436 4553493 X FOUNDATIONS IS DEDICATED TO IMPROVING THE QUALITY OF EDUCATION FOR OUR NATION'S MOST VULNERABLE CHILDREN BY STRENGTHENING THE SKILLS OF EDUCATORS THROUGH PROFESSIONAL LEARNING. FOUNDATIONS, INC. IS A NOT-FOR-PROFIT EDUCATIONAL SERVICE ORGANIZATION COMMITTED TO BUILDING THE QUALITY OF EDUCATIONAL OPPORTUNITIES FOR CHILDREN, YOUTH, AND FAMILIES IN UNDERSERVED COMMUNITIES THROUGH WORK WITH PUBLIC CHARTER SCHOOLS, SCHOOL DISTRICTS, EDUCATION AND COMMUNITY-BASED ORGANIZATIONS, AND AFTERSCHOOL PROGRAM PROVIDERS. THE ORGANIZATION FOCUSES ON CAPACITY-BUILDING THROUGH PROFESSIONAL LEARNING, TECHNICAL ASSISTANCE, PROGRAM DEVELOPMENT, SUPPORTING TOOLS, AND SERVICES. THE ORGANIZATION RECEIVES ITS SUPPORT FROM VARIOUS SOURCES INCLUDING FOUNDATION GRANT PROGRAMS, GOVERNMENT GRANTS, PERFORMANCE CONTRACTS, PRODUCT SALES, CONTRIBUTIONS FROM FOUNDATIONS, AND CONFERENCE FEES. 0 0 2548938 2268404 FOUNDATIONS IS THE FISCAL SPONSOR TO THE CAMPAIGN FOR GRADE LEVEL READING (CGLR). THE MISSION OF CGLR IS TO DISRUPT THE GENERATIONAL CYCLE OF POVERTY BY IMPROVING THE PROSPECTS FOR EARLY SCHOOL SUCCESS FOR CHILDREN GROWING UP IN ECONOMICALLY CHALLENGED, FRAGILE AND OTHERWISE MARGINALIZED FAMILIES.CGLR ADVANCES THIS MISSION BY FOCUSING ON TWO CRITICAL INFLECTION POINTS: GRADE-LEVEL READING BY THE END OF THIRD GRADE AND, MORE RECENTLY, ON-TRACK DEVELOPMENT BY THE END OF KINDERGARTEN. RESEARCH, PRACTICE AND COMMON SENSE CONFIRM BOTH AS CRITICAL TO THE EARLY SCHOOL SUCCESS THAT PREDICTS LATER SCHOOL ACHIEVEMENT AND HIGH SCHOOL GRADUATION, THE FIRST RUNG OF THE "SUCCESS SEQUENCE" LEADING TO EMPLOYMENT AND EARNINGS. 2433321 2746998 THE OFFICE OF PROGRAM AND INNOVATION PROVIDED PROFESSIONAL LEARNING, LEADERSHIP AND INSTRUCTIONAL COACHING, CURRICULUM REVIEW AND REDESIGN, INTERIM LEADERSHIP SUPPORT AND SPECIAL EDUCATION SUPPORT TO 29 CHARTER AND DISTRICT SCHOOLS SERVING OVER 21,000 STUDENTS. IN 2023, WE PROVIDED VIRTUAL AS WELL AS IN-PERSON PROFESSIONAL LEARNING SESSIONS TO EDUCATORS ACROSS THE NATION, SERVING THOUSANDS OF TEACHERS, SCHOOL LEADERS, AND AFTERSCHOOL EDUCATORS. IN 2023, WE ALSO DEVELOPED AND IMPLEMENTED HIGHLY EFFECTIVE PROFESSIONAL LEARNING SERIES TO ADDRESS THE NEEDS OF PARAEDUCATORS AND EXPANDED THE RANGE OF SPECIAL EDUCATION AND CHARTER RENEWAL SUPPORT SERVICES. OUR TEAM DESIGNED AND IMPLEMENTED HIGHLY SUCCESSFUL, EVIDENCE-BASED LEARNING RECOVERY PROGRAMS THAT SERVED HUNDREDS OF STUDENTS IN CHARTER AND DISTRICT SCHOOLS IN THE GREATER PHILADELPHIA AREA. AS A RESULT OF OUR HIGH DOSAGE TUTORING PROGRAMS, HUNDREDS OF STUDENTS IN SCHOOLS THAT WE SERVED DEMONSTRATED NOTABLE GAINS IN MATH AND READING SKILLS. OUR OFFICE SUPPORTED THE DESIGN AND DEVELOPMENT OF INSTRUCTIONAL PROGRAMS FOR NUMEROUS GRANT PROPOSALS. 2383915 2466433 THE CENTER FOR AFTERSCHOOL AND EXPANDED LEARNING PROVIDED ONLINE WEBINAR TRAININGS TO AN ESTIMATED 1,800 PARTICIPANTS FROM ALL 50 STATES ACROSS THE NATION, THE DISTRICT OF COLUMBIA, PUERTO RICO, AND PARTS OF THE WORLD. THIS YEAR, THE CENTER HAS DISTRIBUTED 190 RESOURCES TO AFTERSCHOOL PRACTITIONERS NATIONWIDE. ADDITIONALLY, THE CENTER OPERATED 10 AFTERSCHOOL PROGRAMS INVOLVING 1,700 ELEMENTARY THROUGH 12TH GRADE STUDENTS IN PHILADELPHIA SCHOOLS. 2219325 2037114 CONFERENCES, COMPENSATORY EDUCATION & INNOVATION AND DEVELOPMENT. 2219325 2037114 9585499 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 41 0 1 485 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ PA FL X X FOUNDATIONS INC 8565331600 701 EAST GATE DRIVE SUITE 300 MOUNT LAUREL NJ 08054 ROBERT S SCHWARTZ CHAIR EMERITUS 1.00 X 0 0 0 KC BURTON SECRETARY/TREASURER 1.00 X 0 0 0 CHARLES ENGLISH DIRECTOR 1.00 X 0 0 0 DAVID FLEISHER DIRECTOR 1.00 X 0 0 0 MICHAEL GADSBY DIRECTOR 1.00 X 0 0 0 JANET SAMUELS DIRECTOR 1.00 X 0 0 0 MARTHA C YOUNG EX-OFFICIO 1.00 X 0 0 0 LINDA ROMANO BOARD CHAIR 1.00 X 0 0 0 RHONDA H LAUER PRESIDENT AND CEO 40.00 X 252212 0 19471 MICHAEL PIAZZA-SUGARMAN CHIEF FINANCIAL OFFICER 40.00 X 144242 0 4409 SYLVIA LYLES CHIEF STRATEGIC PARTNERSHIPS AND GRANTS OFFICER 40.00 X 130605 0 238 MARYELLEN GORODETZER CHIEF PROGRAM AND INNOVATION OFFICER 40.00 X 125675 0 29886 RONALD GOLDSTEIN CHIEF OF OPERATIONS 40.00 X 108644 0 37218 YOLIE FLORES-FORMER TERM ENDED ON 1 PROJECT SPECIALIST 40.00 X 179824 0 34385 ELIZABETH CIERI-FORMER TERM ENDED O EXECUTIVE DIRECTOR, COMMUNICATIONS AND DEVELOPMENT 40.00 X 111460 0 39474 1052662 0 165081 7 1 1 0 RALPH SMITH 4200 PINE STREET APT 205 PHILADELPHIA PA 19104 PROJECT SPECIALIST 251238 SARAH TORIAN 56 LEIGH AVENUE PRINCETON NJ 08542 EDUCATION CONSULTING SERVICES 207046 QUANTYFY LLC 11504 SWAINS LOCK TERR POTOMAC MD 20854 TECHNOLOGY SERVICES 148252 SMARTER LEARNING GROUP 1796 BROOKSHIRE COURT FINKSBURG MD 21048 EDUCATION CONSULTING SERVICES 131757 4 200000 1912735 2502622 41893 4615357 SERVICE FEES 611710 5063276 5063276 CONFERENCE FEES 611710 681474 681474 5744750 3258 3258 12114 0 12114 12114 12114 14998 14998 14998 10390477 5744750 0 30370 X 794171 598763 195408 5182146 4985912 196234 32243 24080 8163 208454 176153 32301 493374 486011 7363 5342 3719 1623 52120 8560 43560 2044022 2035996 8026 300078 235499 64579 339713 264451 75262 187895 153964 33931 256072 238887 17185 202440 184459 17981 181580 147057 34523 MISCELLANEOUS EXPENSES 121770 41988 79782 10401420 9585499 815921 0 3177745 2871631 256899 520265 269781 507476 1568143 1586864 47243 51417 182542 182542 0 0 315579 109479 12805 487652 5648195 6134784 964191 907200 119568 158604 0 515487 1083759 1581291 X 3965474 4440585 598962 112908 4564436 4553493 5648195 6134784 -10943 0 X 0 1 X 1 1 1 X 7206497 7099511 4468627 4382393 4615357 27772385 7206497 7099511 4468627 4382393 4615357 27772385 5770613 22001772 6358 5783 1264 1569 3258 18232 586981 915968 30065 15787 14998 1563799 29354416 20138655 0.74950 0.91520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 182542 182542 0 0 LEASE DEPOSIT 6250 RIGHT OF USE ASSET 481402 487652 LEASE LIABILITY 500420 CUSTOMER DEPOSITS 14350 OTHER LIABILITIES 717 515487 X 10390477 0 10390477 0 10390477 10401420 0 10401420 0 10401420 PART X, LINE 2: THE ORGANIZATION FOLLOWS ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. AS OF AUGUST 31,2023 AND 2022, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY,THE ORGANIZATION HAD NO INTEREST PENALTIES RELATED TO INCOME TAXES.THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S.FEDERAL JURISDICTION. X X X 0 1 0 0 0 0 0 0 0 RHONDA H LAUER PRESIDENT AND CEO 207512 0 44700 0 0 0 5809 0 13662 0 271683 0 0 0 YOLIE FLORES-FORMER TERM ENDED ON 1 PROJECT SPECIALIST 179824 0 0 0 0 0 5821 0 28564 0 214209 0 0 0 MARYELLEN GORODETZER CHIEF PROGRAM AND INNOVATION OFFICER 125475 0 200 0 0 0 0 0 29886 0 155561 0 0 0 ELIZABETH CIERI-FORMER TERM ENDED O EXECUTIVE DIRECTOR, COMMUNICATIONS A 106260 0 5200 0 0 0 0 0 39474 0 150934 0 0 0 X 195 41893 CLOSING STOCK PRICE 0 0 0 PART I, COLUMN (B): PART I , COLUMN B REPRESENTS NO OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE FORM IS PREPARED BY THE OUTSIDE AUDIT FIRM, INTERNALLY REVIEWED BY THE FINANCE MANAGER, CHIEF FINANCIAL OFFICER, AND CEO, AND SUBSEQUENTLY DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AT A BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND SENIOR MANAGEMENT STAFF ARE SENT THE POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 YES- SENIOR COMPENSATION CHANGES ARE REVIEWED AND DISCUSSED WITH THE BOARD ANNUALLY FORM 990, PART VI, SECTION C, LINE 19 THESE ARE AVAILABLE FOR REVIEW IN OFFICE. FORM 990, PART IX, LINE 11G OTHER SERVICES: PROGRAM SERVICE EXPENSES 2,035,996. MANAGEMENT AND GENERAL EXPENSES 8,026. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,044,022. THE SCHWARTZ CREED FOUNDATION 821 EAST GATE DRIVE MOORESTOWN NJ 08057 232267403 PROVIDE GRANTS TO NON-PROFIT ORGANIZATIONS NJ 501(C)(3) PRIVATE FOUNDATION 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE SCHWARTZ CREED FOUNDATION C 200000 CONTRIBUTION RECEIVED