Loading organization details...
Loading organization details...
THE FOUNDATION OPERATES SEVEN CHARTER SCHOOLS IN LEE COUNTY, MANATEE COUNTY AND COLLIER COUNTY, FLORIDA. THE SCHOOLS PROVIDE STUDENTS, PRE-KINDERGARTEN THROUGH TWELFTH GRADE, WITH THE NECESSARY TOOLS AND SKILLS NEEDED TO DEVELOP SUPERIOR LEVELS OF ACHIEVEMENT. THEY STRIVE FOR ACADEMIC, SOCIAL AND PHYSICAL EXCELLENCE BY PROVIDING A HIGH QUALITY, CHALLENGING CURRICULUM. THEY PROMOTE POSITIVE MORAL AND SOCIAL VALUES, FOSTER AN ATMOSPHERE OF SELF-DISCIPLINE IN A SAFE LEARNING ENVIRONMENT AND MAXIMIZE INDIVIDUAL PRODUCTIVITY TO MEET THE NEEDS OF A CHANGING GLOBAL SOCIETY.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$99.8M
Program Spending
87%
of total expenses go to program services
Total Contributions
$73.1M
Total Expenses
▼$97.6M
Total Assets
$182.1M
Total Liabilities
▼$185.1M
Net Assets
-$3M
Officer Compensation
→N/A
Other Salaries
$34.2M
Investment Income
$608.3K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $5.3M | Yes | 2026-03-31 |
| 2024 | Clean | Unmodified (Clean) | $11.3M | Yes | 2025-03-27 |
| 2023 | Clean | Unmodified (Clean) | $10.3M | Yes | 2024-03-28 |
| 2022 | Clean | Unmodified (Clean) | $7.2M | Yes | 2023-03-28 |
| 2021 | Clean | Unmodified (Clean) | $3.2M | Yes | 2022-03-30 |
| 2020 | Clean | Unmodified (Clean) | $2.2M | Yes | 2021-05-16 |
| 2019 | Clean | Unmodified (Clean) | $3.8M | No | 2020-03-18 |
| 2018 | Clean | Unmodified (Clean) | $3.1M | Yes | 2019-01-01 |
| 2017 | Clean | Unmodified (Clean) | $2.8M | Yes | 2018-01-29 |
| 2016 | Clean | Unmodified (Clean) | $2.9M | Yes | 2017-01-12 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$11.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.9M
Tax Year 2023 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $99.8M | $73.1M | $97.6M | $182.1M | -$3M |
| 2022IRS e-File | $85.5M | $61.2M | $80.1M | $141.3M | -$5.3M |
| 2021 | $61.8M | $4.9M | $60.3M | $116.5M | -$12.1M |
| 2020 | $57.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| John O'Brien | Vice Chairman | 1 | $0 | $0 | $0 | $0 |
| Dennis P Clark | Stcretary | 1 | $0 | $0 | $0 | $0 |
| Thomas P Wheeler | Treasurer | 1 | $0 | $0 | $0 | $0 |
| Kenneth J Haiko | Chairman | 2 | $0 | $0 | $0 | $0 |
John O'Brien
Vice Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dennis P Clark
Stcretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thomas P Wheeler
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kenneth J Haiko
Chairman
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Michelle Thompson | Principal | 40 | $137.5K | $0 | $8,360 | $145.9K |
Michelle Thompson
Principal
$145.9K
Hrs/Wk
40
Compensation
$137.5K
Related Orgs
$0
Other
$8,360
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Billie Miller | Director | 1 | $0 | $0 | $0 | $0 |
| Pat Smith | Director | 1 | $0 | $0 | $0 | $0 |
| Paul Sallarulo | Director | 1 | $0 | $0 | $0 | $0 |
Billie Miller
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Pat Smith
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Paul Sallarulo
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $5M |
| $58M |
| $118.2M |
| -$13.6M |
| 2019 | $58.7M | $6.2M | $60.1M | $119.9M | -$13.4M |
| 2018 | $57.5M | $4.7M | $59.5M | $121.4M | -$12M |
| 2017 | $53.6M | $3.7M | $54.3M | $128.3M | -$10.1M |
| 2016 | $55.1M | $3.2M | $54.4M | $89.6M | -$9.2M |
| 2015 | $52.5M | $2.7M | $52.5M | $90.2M | -$10M |
| 2014 | $51.6M | $1.5M | $52.5M | $91.1M | -$10M |
| 2013 | $46.7M | $1.2M | $48.5M | $94.4M | -$9.1M |
| 2012 | $43.4M | $2.4M | $45.6M | $73.5M | -$7.3M |
| 2011 | $47.5M | $128.5K | $46.8M | $79.9M | -$5.1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |