The Foundation Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 14,154,582 | 13,222,290 | 932,292 | 3.8 | 60% |
| 2013 | 15,031,201 | 14,042,795 | 988,406 | 4.4 | 60% |
| 2014 | 15,441,554 | 14,535,099 | 906,455 | 5.0 | 61% |
| 2015 | 15,831,780 | 15,457,078 | 374,702 | 5.0 | 58% |
| 2016 | 15,055,722 | 15,001,879 | 53,843 | 5.2 | 59% |
| 2017 | 15,531,359 | 15,313,241 | 218,118 | 5.3 | 58% |
| 2018 | 15,267,859 | 15,245,049 | 22,810 | 5.3 | 59% |
| 2019 | 15,965,584 | 15,737,783 | 227,801 | 4.7 | 58% |
| 2020 | 17,523,591 | 16,532,833 | 990,758 | 5.2 | 60% |
| 2021 | 20,783,631 | 17,942,621 | 2,841,010 | 6.7 | 62% |
| 2022 | 19,826,112 | 18,959,039 | 867,073 | 6.6 | 61% |
| 2023 | 22,048,465 | 20,388,396 | 1,660,069 | 7.2 | 62% |
| 2024 | 24,778,377 | 22,277,575 | 2,500,802 | 8.2 | 61% |
In its most recent public year (2024), this organization brought in $2,500,802 more than it spent. Its reserves stood at about 8.2 months of spending, up from 3.8 in 2012. Staff pay was 61% of spending. $651,046 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Foundation Schools's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works