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Nonprofit · EIN 46-3442950

FOUNDERS ACADEMY

Tax-exempt · MANCHESTER, NH 03103

Financials

$3.9M$3.9M2022$4.3M$4.1M2023$4.6M$4.2M2024
Revenue Expenses · by fiscal year end
Financials of FOUNDERS ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,628,314$4,195,474$432,840$2,878,195$372,654$2,505,541
June 30, 2024990$4,314,792$4,138,118$176,674$3,123,959$1,051,258$2,072,701
June 30, 2023990$3,931,316$3,894,144$37,172$3,032,134$1,136,107$1,896,027
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$340,036
of which government grants
$276,620
Program service revenue
$4,230,331
Investment income
$6,364
Net rental income
$300
Other revenue
$51,583

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$145,431
Other salaries and wages
$2,477,121
Salaries, compensation and benefits (total)
$3,011,305
Professional fundraising fees
$0
Accounting fees
$14,412
Occupancy
$524,643
Depreciation
$147,599
Program services (functional)
$3,100,114
Management and general (functional)
$1,095,360

Balance sheet and other

Total assets, start of year
$3,123,959
Total assets, end of year
$2,878,195
Total liabilities, end of year
$372,654
Net assets, end of year
$2,505,541
Land, buildings and equipment
$1,004,575
Net assets without donor restrictions
$2,453,232
Net assets with donor restrictions
$52,309
Gross receipts
$4,628,314
Employees
76
Volunteers
35
Year formed
2013
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
CASSIE HAYESDEAN, HEAD OF SCHOOL
Trustee or director, Officer
50$106,383$0$26,266
KIM LAVALLEEVICE CHAIR
Trustee or director, Officer
5$0$55,154$0
ROBERT BESTCHAIRMAN
Trustee or director, Officer
10$0$0$0
KYLE FOXTREASURER
Trustee or director, Officer
5$0$0$0
JOHN BAUERDIRECTOR
Trustee or director
5$0$0$0
WILLIAM ROYDIRECTOR
Trustee or director
5$0$0$0
TOM HUOTDIRECTOR
Trustee or director
5$0$0$0
NICOLE HORNEDIRECTOR
Trustee or director
5$0$0$0
LAURA FERMAINTDIRECTOR
Trustee or director
5$0$0$0
PATRICIA HUMPHREYSECRETARY
Officer
30$0$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
CASSIE HAYESDEAN, HEAD OF SCHOOL
Trustee or director, Officer
50$100,300
ROBERT BESTCHAIRMAN
Trustee or director, Officer
10$0
KIM LAVALLEEVICE CHAIR
Trustee or director, Officer
10$0
KYLE FOXTREASURER
Trustee or director, Officer
5$0
JOHN BAUERDIRECTOR
Trustee or director
5$0
WILLIAM ROYDIRECTOR
Trustee or director
5$0
TOM HUOTDIRECTOR
Trustee or director
5$0
NICOLE HORNEDIRECTOR
Trustee or director
5$0
LAURA FERMAINTDIRECTOR
Trustee or director
5$0
PATRICIA HUMPHREYSECRETARY
Officer
30$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CASSIE HAYESDEAN, HEAD OF SCHOOL
Officer
50$89,352$0$21,491
KIM LAVALLEEVICE CHAIR
Trustee or director, Officer
10$0$55,000$0
PATRICIA HUMPHREYSECRETARY
Trustee or director, Officer
30$0$0$0
ROBERT BESTBOARD CHAIR
Trustee or director, Officer
10$0$0$0
KYLE FOXTREASURER
Trustee or director, Officer
5$0$0$0
FRANK WEISSDIRECTOR
Trustee or director
5$0$0$0
JOHN BAUERDIRECTOR
Trustee or director
5$0$0$0
WILLIAM ROYDIRECTOR
Trustee or director
5$0$0$0

Address and contacts

Address (IRS master file)
5 PERIMETER RD, MANCHESTER, NH 03103-3305
In care of
% KIMBERLY LAVALLEE
Principal officer (990 for 2024)
ROBERT BEST, 5 PERIMETER ROAD, MANCHESTER, NH 03103
Signed the 990
ROBERT BEST, BOARD CHAIR
Phone
(603) 673-0520
Return prepared by
NATHAN WECHSLER & COMPANY PA

Mission

THE FOUNDERS ACADEMY IS A PUBLIC CHARTERED SCHOOL ENCOMPASSING GRADES 5 -12 THAT IS FREE AND OPEN TO ALL NEW HAMPSHIRE STUDENTS. THE ACADEMY DEVELOPS LEADERS WHO UNDERSTAND AND APPLY THE LESSONS OF THE PAST, DEMONSTRATE EXCEPTIONAL CHARACTER AND LEAD BY EXAMPLE. THE ACADEMY RECOGNIZES THE IMPORTANCE OF BALANCE IN THE DEVELOPMENT OF THE WHOLE PERSON, AND RESPECTS EACH STUDENT'S JOURNEY.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $3,022,125 · revenue $4,159,454
  • 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, AND THE FIRST LEGO LEAGUE WHICH IS A ROBOTICS PROGRAM.
    Expenses $77,989 · revenue $122,160

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-3442950
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B25)
Assets (IRS master file)
$2,878,195
Income (IRS master file)
$4,628,314

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,628,314$4,195,474$2,878,195IRS
990June 2024$4,314,792$4,138,118$3,123,959XML
990June 2023$3,931,316$3,894,144$3,032,134XML
990June 2022$4,528,835$3,469,442$2,198,256IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 46-3442950).

Questions about FOUNDERS ACADEMY

What is the EIN of FOUNDERS ACADEMY?
The employer identification number (EIN) of FOUNDERS ACADEMY is 46-3442950.
Is FOUNDERS ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to FOUNDERS ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDERS ACADEMY 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 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 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?
The 990 for the year ended June 30, 2025 names ROBERT BEST.
Who are the officers and directors of FOUNDERS ACADEMY?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $106,383 (CASSIE HAYES, DEAN, HEAD OF SCHOOL).
How much revenue does FOUNDERS ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,628,314, expenses of $4,195,474 and total assets of $2,878,195 at year end.

Other nonprofits in MANCHESTER

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