Nonprofit · EIN 46-1308375
FOUNDERS ACADEMY FOUNDATION
Tax-exempt · MANCHESTER, NH 03103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | -$7,134 | $103,117 | -$110,251 | $4,980,228 | $466,611 | $4,513,617 |
| June 30, 2024 | 990 | -$47,267 | $91,233 | -$138,500 | $5,002,927 | $379,559 | $4,623,368 |
| June 30, 2023 | 990 | -$66,081 | $67,222 | -$133,303 | $5,350,122 | $589,009 | $4,761,113 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- -$7,134
- Other revenue
- -$7,134
Expenses
- Grants and similar amounts paid
- $17,111
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,683
- Program services (functional)
- $103,117
Balance sheet and other
- Total assets, start of year
- $5,002,927
- Total assets, end of year
- $4,980,228
- Total liabilities, end of year
- $466,611
- Net assets, end of year
- $4,513,617
- Land, buildings and equipment
- $4,349,822
- Net assets without donor restrictions
- $4,513,617
- Gross receipts
- $220,604
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2011
- State of legal domicile
- NH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY LAVALLEE | CHAIR Trustee or director, Officer | 7 | $55,154 |
| PATRICIA HUMPHREY | DIRECTOR Trustee or director | 2 | $0 |
| GARY THOMAS | TREASURER Trustee or director, Officer | 2 | $0 |
| ROBERT BEST | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| SALLY BLISS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY LAVALLEE | CHAIR Trustee or director, Officer | 7 | $55,000 |
| PATRICIA HUMPHREY | DIRECTOR Trustee or director | 2 | $0 |
| GARY THOMAS | TREASURER Trustee or director, Officer | 2 | $0 |
| ROBERT BEST | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| SALLY BLISS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIMBERLY LAVALLEE | CHAIR Trustee or director, Officer | 5 | $55,000 |
| PATRICIA HUMPHREY | DIRECTOR Trustee or director | 1 | $0 |
| GARY THOMAS | TREASURER Trustee or director, Officer | 2 | $0 |
| ROBERT BEST | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| SALLY BLISS | DIRECTOR Trustee or director | 1 | $0 |
| JIM FRICCHIONE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5 PERIMETER RD, MANCHESTER, NH 03103-3305
- In care of
- % THOMAS FRISCHKNECHT
- Principal officer (990 for 2024)
- KIMBERLY LAVALLEE, 5 PERIMETER ROAD, MANCHESTER, NH 03103
- Signed the 990
- KIMBERLY LAVALLEE, CHAIR
- Phone
- (603) 321-4715
- Return prepared by
- NATHAN WECHSLER & COMPANY PA
Mission
TO SUPPORT THE ESTABLISHMENT OF NEW CHARTER SCHOOLS AND TO HELP PROVIDE SUPPORT TO THE ONGOING OPERATIONS OF CHARTER SCHOOLS OPERATING IN THE STATE OF NEW HAMPSHIRE.
Program accomplishments
- TO SUPPORT THE GENERAL OPERATIONS OF CHARTER SCHOOLS. THIS MISSION WAS ACCOMPLISHED IN THE CURRENT YEAR THROUGH PROVIDING BELOW MARKET SUBSIDIZED RENTAL TO A SUPPORTED CHARTER SCHOOL.Expenses $103,117 · grants $17,111
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-1308375
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B112)
- Assets (IRS master file)
- $4,980,228
- Income (IRS master file)
- $220,604
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | -$7,134 | $103,117 | $4,980,228 | XML |
| 990 | June 2024 | -$47,267 | $91,233 | $5,002,927 | XML |
| 990 | June 2023 | -$66,081 | $67,222 | $5,350,122 | XML |
| 990 | June 2022 | $1,598,226 | $1,470,822 | $5,753,699 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1308375).
Questions about FOUNDERS ACADEMY FOUNDATION
- What is the EIN of FOUNDERS ACADEMY FOUNDATION?
- The employer identification number (EIN) of FOUNDERS ACADEMY FOUNDATION is 46-1308375.
- Is FOUNDERS ACADEMY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to FOUNDERS ACADEMY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does FOUNDERS ACADEMY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FOUNDERS ACADEMY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDERS ACADEMY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FOUNDERS ACADEMY FOUNDATION?
- The 990 for the year ended June 30, 2025 names KIMBERLY LAVALLEE.
- Who are the officers and directors of FOUNDERS ACADEMY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $55,154 (KIMBERLY LAVALLEE, CHAIR).
- How much revenue does FOUNDERS ACADEMY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of -$7,134, expenses of $103,117 and total assets of $4,980,228 at year end.
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