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As a college-preparatory school, Foundation Academy Charter Schools mission is to ensure that all of their students secure the academic knowledge and skills to prepare them for the nations finest colleges, and to instill in them the core values of caring, respect, responsibility and honesty. Foundation Academy Charter Schools program is modeled after some of the highest performing urban charter schools in the country, and includes standardized classroom procedures, regular testing to track student progress, more time on task, a focus on values and building community, clear and innovative rewards and consequences designed to teach and emphasize positive academic and social behavior, school uniforms, 90-120 minutes of homework each night, and an overall rigorous academic program. Foundation Academy Charter School provides a longer school day and a longer school year which includes a two week summer session. Language arts and math classes are taught for more minutes each week than most sc
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$29.5M
Program Spending
84%
of total expenses go to program services
Total Contributions
$27.7M
Total Expenses
▼$27.1M
Total Assets
$24M
Total Liabilities
▼$11.2M
Net Assets
$12.8M
Officer Compensation
→$1.9M
Other Salaries
$10.6M
Investment Income
$223.7K
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
9
Clean Audits
9
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2024 | Clean | Unmodified (Clean) | $4.4M | Yes | 2025-05-08 |
| 2023 | Clean | Unmodified (Clean) | $3.4M | Yes | 2023-12-04 |
| 2022 | Clean | Unmodified (Clean) | $2.6M | Yes | 2023-03-16 |
| 2021 | Clean | Unmodified (Clean) | $3M | Yes | 2022-03-06 |
| 2020 | Clean | Unmodified (Clean) | $1.4M | Yes | 2021-02-03 |
| 2019 | Clean | Unmodified (Clean) | $1.5M | Yes | 2020-01-05 |
| 2018 | Clean | Unmodified (Clean) | $1.3M | Yes | 2019-06-02 |
| 2017 | Clean | Unmodified (Clean) | $1.3M | Yes | 2017-11-19 |
| 2016 | Clean | Unmodified (Clean) | $1.3M | Yes | 2016-12-04 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.3M
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 | $29.5M | $27.7M | $27.1M | $24M | $12.8M |
| 2022IRS e-File | $23.6M | $22.1M | $22M | $21.4M | $10.4M |
| 2021 | $21.3M | $21M | $19.9M | $16.1M | $8.5M |
| 2020 | $19.4M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
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 |
|---|
| Angela Joyner | Middle Sch Pr | 40 | $0 | $0 | $0 | $0 |
| Carl Seiden | Trustee | 2 | $0 | $0 | $0 | $0 |
| Andre Moore | CFO | 40 | $0 | $0 | $0 | $0 |
| Diana Ubaldo | Bus. Admin. | 40 | $0 | $0 | $0 | $0 |
| Christoper Mullins | Treasurer | 2 | $0 | $0 | $0 | $0 |
| Sheria Mc Rae | Chief Acad Off | 40 | $0 | $0 | $0 | $0 |
| Natasia Cooper | Chief Acad Ofcr | 40 | $0 | $0 | $0 | $0 |
| Isabel Goss | High Sch Princ | 40 | $0 | $0 | $0 | $0 |
Angela Joyner
Middle Sch Pr
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Carl Seiden
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Andre Moore
CFO
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Diana Ubaldo
Bus. Admin.
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Christoper Mullins
Treasurer
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Sheria Mc Rae
Chief Acad Off
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Natasia Cooper
Chief Acad Ofcr
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Isabel Goss
High Sch Princ
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Duncan Harris | Trustee | 2 | $0 | $0 | $0 | $0 |
| Jacqui Griffith | Vice President | 40 | $0 | $0 | $0 | $0 |
| Kimme Carlos | Trustee | 2 | $0 | $0 | $0 | $0 |
| Richard Seigier-Carter | President | 2 | $0 | $0 | $0 | $0 |
| Stacy Denton | Trustee | 2 | $0 | $0 | $0 | $0 |
| Stefani Schwartz | Board Counsel |
Duncan Harris
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jacqui Griffith
Vice President
$0
Hrs/Wk
40
Compensation
$0
Related Orgs
$0
Other
$0
Kimme Carlos
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $19M |
| $17.8M |
| $14.6M |
| $7M |
| 2019 | $18.3M | $18.3M | $17.7M | $15.3M | $5.4M |
| 2018 | $17.5M | $17.4M | $16M | $13.9M | $4.8M |
| 2017 | $16.6M | $16.5M | $15.1M | $11.4M | $3.2M |
| 2016 | $14.6M | $14.6M | $15.5M | $5.7M | $527.4K |
| 2015 | $12.6M | $12.4M | $11.3M | $3.7M | $1.4M |
| 2014 | $8.9M | $8.8M | $8.5M | $1.7M | $1.3M |
| 2013 | $5.9M | $5.9M | $6.4M | $1.5M | $899.2K |
| 2012 | $5.1M | $5M | $4.7M | $1.7M | $1.4M |
| 2011 | $3.2M | $3.3M | $3.1M | $1.3M | $1M |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 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 | — |
| 2006 | 990 | — |
| 2 |
| $0 |
| $0 |
| $0 |
| $0 |
| Todd Kent | Trustee | 2 | $0 | $0 | $0 | $0 |
Richard Seigier-Carter
President
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Stacy Denton
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Stefani Schwartz
Board Counsel
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Todd Kent
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0