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Nonprofit · EIN 52-1801849

FOUNDATIONS INC

Tax-exempt · MOUNT LAUREL, NJ 08054

Financials

$10.4M$10.4M2022$10.2M$9.8M2023$11.7M$10.6M2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATIONS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$11,652,585$10,577,958$1,074,627$6,988,060$815,975$6,172,085
August 31, 2024990$10,193,408$9,805,511$387,897$6,074,197$1,054,178$5,020,019
August 31, 2023990$10,390,477$10,401,420-$10,943$6,134,784$1,581,291$4,553,493
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$3,809,793
of which government grants
$1,067,470
Program service revenue
$7,763,595
Investment income
$49,202
Net gain from sales of assets
$49,176
Other revenue
$29,995

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$910,029
Other salaries and wages
$5,792,758
Salaries, compensation and benefits (total)
$7,582,469
Professional fundraising fees
$0
Legal fees
$11,093
Accounting fees
$51,274
Occupancy
$159,154
Travel
$231,853
Program services (functional)
$9,768,851
Management and general (functional)
$809,107

Balance sheet and other

Total assets, start of year
$6,074,197
Total assets, end of year
$6,988,060
Total liabilities, end of year
$815,975
Net assets, end of year
$6,172,085
Publicly traded securities
$1,871,096
Net assets without donor restrictions
$5,654,056
Net assets with donor restrictions
$518,029
Gross receipts
$12,982,574
Employees
381
Volunteers
9
Year formed
1992
State of legal domicile
DE

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RHONDA H LAUERPRESIDENT AND CEO
Officer
40$300,681$14,731
MICHAEL PIAZZA-SUGARMANCHIEF FINANCIAL OFFICER
Officer
40$187,727$5,388
MARYELLEN GORODETZERCHIEF EDUCATION & INNOVATION OFFICER
Officer
40$156,462$21,227
SYLVIA LYLESCHIEF PARTNERSHIP & GRANTS OFFICER
Officer
40$161,285$0
AMY WILLIAMSPROJECT SPECIALIST
Highest-paid employee
40$159,250$0
DAVID MCCONNELLEXECUTIVE DIRECTOR, SPECIAL PROJECTS
Highest-paid employee
40$143,485$9,687
RONALD GOLDSTEINCHIEF OF OPERATIONS
Highest-paid employee
40$120,163$28,857
CASEY JONESEXEC. DIR. MARKETING & COMMUNICATIONS
Highest-paid employee
40$111,376$32,964
SHEILA WALLINPROJECT SPECIALIST
Highest-paid employee
40$105,019$0
LINDA ROMANOBOARD CHAIR
Trustee or director, Officer
1$0$0
KC BURTONSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
ROBERT S SCHWARTZCHAIR EMERITUS
Trustee or director
1$0$0
CHARLES ENGLISHDIRECTOR
Trustee or director
1$0$0
JENNIFER FLEISHERDIRECTOR
Trustee or director
1$0$0
MICHAEL GADSBYDIRECTOR
Trustee or director
1$0$0
3 more people on this return
NameTitleHours / weekCompensation
JOSE GOMEZDIRECTOR
Trustee or director
1$0
DIANE MELLEYDIRECTOR
Trustee or director
1$0
JANET SAMUELSDIRECTOR
Trustee or director
1$0
990 for the year ended August 31, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
RHONDA H LAUERPRESIDENT AND CEO
Officer
40$275,111$14,801
MICHAEL PIAZZA-SUGARMANCHIEF FINANCIAL OFFICER
Officer
40$187,258$4,748
MARYELLEN GORODETZERCHIEF PROGRAM AND INNOVATION OFFICER
Officer
40$144,944$22,271
SYLVIA LYLESCHIEF STRATEGIC PARTNERSHIPS & GRANTS OFFICER
Officer
40$149,873$0
RONALD GOLDSTEINCHIEF OF OPERATIONS
Highest-paid employee
40$118,377$29,746
JASON WAUGHDIRECTOR, SPECIALIZED SERVICES
Highest-paid employee
40$103,610$38,618
DAVID MCCONNELLEXEC. DIR., PROFESSIONAL LEARNING
Highest-paid employee
40$114,049$9,433
SHEILA WALLINPROJECT SPECIALIST
Highest-paid employee
40$101,278$0
LINDA ROMANOBOARD CHAIR
Trustee or director, Officer
1$0$0
ROBERT S SCHWARTZCHAIR EMERITUS
Trustee or director
1$0$0
KC BURTONSECRETARY/TREASURER
Trustee or director
1$0$0
CHARLES ENGLISHDIRECTOR
Trustee or director
1$0$0
JENNIFER FLEISHERDIRECTOR
Trustee or director
1$0$0
MICHAEL GADSBYDIRECTOR
Trustee or director
1$0$0
JOSE GOMEZDIRECTOR
Trustee or director
1$0$0
JANET SAMUELSDIRECTOR
Trustee or director
1$0$0
990 for the year ended August 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
RHONDA H LAUERPRESIDENT AND CEO
Officer
40$252,212$19,471
YOLIE FLORES-FORMER TERM ENDED ON 1PROJECT SPECIALIST
Former
40$179,824$34,385
MARYELLEN GORODETZERCHIEF PROGRAM AND INNOVATION OFFICER
Officer
40$125,675$29,886
ELIZABETH CIERI-FORMER TERM ENDED OEXECUTIVE DIRECTOR, COMMUNICATIONS AND DEVELOPMENT
Former
40$111,460$39,474
MICHAEL PIAZZA-SUGARMANCHIEF FINANCIAL OFFICER
Officer
40$144,242$4,409
RONALD GOLDSTEINCHIEF OF OPERATIONS
Highest-paid employee
40$108,644$37,218
SYLVIA LYLESCHIEF STRATEGIC PARTNERSHIPS AND GRANTS OFFICER
Officer
40$130,605$238
ROBERT S SCHWARTZCHAIR EMERITUS
Trustee or director
1$0$0
KC BURTONSECRETARY/TREASURER
Trustee or director
1$0$0
CHARLES ENGLISHDIRECTOR
Trustee or director
1$0$0
DAVID FLEISHERDIRECTOR
Trustee or director
1$0$0
MICHAEL GADSBYDIRECTOR
Trustee or director
1$0$0
JANET SAMUELSDIRECTOR
Trustee or director
1$0$0
MARTHA C YOUNGEX-OFFICIO
Trustee or director
1$0$0
LINDA ROMANOBOARD CHAIR
Officer
1$0$0

Address and contacts

Address (IRS master file)
701 E GATE DR STE 300, MOUNT LAUREL, NJ 08054-3838
Principal officer (990 for 2024)
MICHAEL PIAZZA-SUGARMAN, 701 EAST GATE DRIVE 300, MOUNT LAUREL, NJ 08054
Signed the 990
MICHAEL PIAZZA-SUGARMAN, CHIEF FINANCIAL OFFICER
Phone
(856) 533-1600
Return prepared by
CITRIN COOPERMAN ADVISORS LLC

Mission

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.

990 for the year ended August 31, 2025

Program accomplishments

  • SCHOOL SERVICES - THE OFFICE OF EDUCATION AND INNOVATION PROVIDED SCHOOL-WIDE PROFESSIONAL LEARNING SYSTEMS, LEADERSHIP AND INSTRUCTIONAL COACHING, CURRICULUM REVIEW AND REDESIGN, INTERIM SCHOOL LEADERSHIP AND SPECIAL EDUCATION PROGRAM SUPPORT TO 28 CHARTER AND DISTRICT SCHOOLS, SERVING OVER 20,000 STUDENTS. IN 2025, WE PROVIDED VIRTUAL AS WELL AS IN-PERSON PROFESSIONAL LEARNING AND COACHING SESSIONS TO THOUSANDS OF EDUCATORS, PRIMARILY IN THE MID-ATLANTIC REGION OF THE COUNTRY. WE ALSO EXPANDED HIGHLY EFFECTIVE PROFESSIONAL LEARNING SESSIONS FOR PARAEDUCATORS IN AN EFFORT TO SUPPORT THE NEEDS OF SPECIAL EDUCATION STUDENTS. OUR TEAM DESIGNED AND IMPLEMENTED NEW TEACHER INDUCTIONS PROGRAMS AS WELL AS TEACHER SUPERVISION AND EVALUATION TOOLS AND PROCESSES. WE SUPPORTED NUMEROUS CHARTER SCHOOLS AS THEY WORKED TO ACHIEVE CHARTER RENEWAL STATUS. THE OFFICE OF EDUCATION AND INNOVATION TEAM SUPPORTED THE DESIGN AND DEVELOPMENT OF INSTRUCTIONAL PROGRAMS FOR NUMEROUS GRANT PROPOSALS AND IMPLEMENTED AND EXPANDED THE "ACADEMY AT PENN" PROGRAM, A COLLEGE AND CAREER READINESS MODEL SERVING ONE HUNDRED FIRST GENERATION COLLEGE- BOUND STUDENTS IN PHILADELPHIA.
    Expenses $3,199,717 · revenue $3,524,852
  • THE OFFICE OF PROFESSIONAL LEARNING - THE OFFICE OF PROFESSIONAL LEARNING PROVIDED IN-PERSON AND VIRTUAL TRAININGS TO AN ESTIMATED 2,700+ PARTICIPANTS FROM 30 STATES ACROSS THE NATION, THE DISTRICT OF COLUMBIA, U.S. VIRGIN ISLANDS, AND PARTS OF THE WORLD. THIS YEAR, THE OFFICE HAS DISTRIBUTED RESOURCES TO 1090+ AFTERSCHOOL PRACTITIONERS NATIONWIDE. ADDITIONALLY, THE CENTER OPERATED 8 AFTERSCHOOL PROGRAMS INVOLVING 1,400 K THROUGH 8TH GRADE STUDENTS IN PHILADELPHIA SCHOOLS.
    Expenses $2,971,530 · revenue $2,745,235
  • THE CAMPAIGN FOR GRADE-LEVEL READING - 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.
    Expenses $1,346,409
  • OTHER ACTIVITIES: CONFERENCES, COMPENSATORY EDUCATION & INNOVATION AND DEVELOPMENT.
    Expenses $2,251,195 · revenue $1,493,508

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
52-1801849
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,988,060
Income (IRS master file)
$12,982,574

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$11,652,585$10,577,958$6,988,060XML
990August 2024$10,193,408$9,805,511$6,074,197XML
990August 2023$10,390,477$10,401,420$6,134,784XML
990August 2022$9,086,807$9,188,986$5,648,195IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2018–––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 52-1801849).

Questions about FOUNDATIONS INC

What is the EIN of FOUNDATIONS INC?
The employer identification number (EIN) of FOUNDATIONS INC is 52-1801849.
Is FOUNDATIONS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to FOUNDATIONS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATIONS INC 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 FOUNDATIONS INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATIONS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of FOUNDATIONS INC?
The 990 for the year ended August 31, 2025 names MICHAEL PIAZZA-SUGARMAN.
Who are the officers and directors of FOUNDATIONS INC?
The 990 for the year ended August 31, 2025 lists 18 people; 9 received compensation from the organization, the highest $300,681 (RHONDA H LAUER, PRESIDENT AND CEO).
How much revenue does FOUNDATIONS INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $11,652,585, expenses of $10,577,958 and total assets of $6,988,060 at year end.

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