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The Foundation Schools

Largo, MD · EIN 23-7425256 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Foundation Schools reported $25.8 million in revenue and $23.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.16 went to program services, $8.03 to management and general costs and $0.81 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.4% of the total. The highest compensation it reported for one person was $327,811 (CEO & SECRETARY). 21 people received more than $100,000 in reportable compensation. Revenue rose 47% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $23M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $26M

Other revenue was negative: −$3,923. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.8%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.40$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
96.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$327,811$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.40%1.28%
People paid over $100,000
Part VII, line 2
218
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.013.3
Independent voting board members
Part VI 1a–1b
11 of 11100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$14M expenses · 64.6% of program spending · revenue $16M

The Foundation Schools: the Foundation Schools offers a nonpublic special education program for children and adolescents in grades k-12 and ages 5-21, who need an integrated education program to meet their academic and social-emotional needs. The Foundation Schools utilizes multiple evidence-based programs that help students meet academic rigor, enhance self-esteem, regulate emotions and develop appropriate social skills while addressing larger issues such as drug abuse, community violence, bullying, and truancy which adversely affect its students

$7.4M expenses · 34.6% of program spending · revenue $8.6M

The foundation learning center: for the autism program known as the foundation learning center, the program was officially approved to open in august 2019 in a state-of-the-art location in landover, maryland. The foundation learning center is a full-day type 1 nonpublic special educatiion program serving students with autism spectrum disorders (asd), in grades k-12, ages 5 to 21. The foundation learning center has been carefully designed to provide the educational, social-emotional, and communication supports needed for children with asd and other developmental disorders. The foundation…

$176K expenses · 0.8% of program spending · revenue $204K

Foundation links: through home-based and after school outreach interventions, the foundation links program connects students and their families to quality community-based resources. For those who do not have the means to seek private therapeutic care, the foundation links program introduces accessible resources including consultation with the Foundation Schools' psychiatrists. Other resources include providing crisis intervention services such as food and clothing, transportation and in-home therapeutic services

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO & SECRETARY
Officer, 40.00 hrs/week
$278,460$0$49,351$327,811
DIRECTOR OF HUMAN RESOURCES (TO DEC '24)
Key employee, 40.00 hrs/week
$177,459$0$23,270$200,729
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$162,424$0$22,200$184,624
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$160,690$0$12,904$173,594
DIRECTOR OF IT
Highest compensated employee, 40.00 hrs/week
$126,050$0$37,127$163,177
ACCOUNTING DIRECTOR
Highest compensated employee, 40.00 hrs/week
$128,938$0$30,956$159,894
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$141,757$0$11,507$153,264
DIRECTOR OF FINANCE (TO JUL '24)
Officer, 40.00 hrs/week
$99,682$0$10,784$110,466

21 people received more than $100,000 in reportable compensation from The Foundation Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $659K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$26M$23M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$26M$23M91.2%$18M$327,811
FY2024 ⓘ$25M$22M90.3%$15M$300,100
FY2023 ⓘ$22M$20M91.0%$12M$274,094
FY2022 ⓘ$20M$19M88.5%$10M$253,800
FY2021 ⓘ$21M$18M88.1%$10M$263,636
FY2020 ⓘ$18M$17M87.5%$7.2M$240,521

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5288
  • Volunteers Part I, line 612

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
AMERGIS HEALTHCARE STAFFING INC
Dedicated aide svc contractors
$816,241
ASSOCIATED BUILDING MAINTENANCE CO
Custodial services
$345,066
HEAVENLY EDIBLES & STUFF LLC
Catering for student meals
$252,539
STAFFVENGERS
Staffing services
$247,962
RSI-REHABILITATION SERVICES INC
Speech & ot contractors
$155,881

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to The Foundation Schools totaling $35,235 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Foundation Schools's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Foundation Schools, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Maryland

Questions people ask

How much of The Foundation Schools's spending goes to programs?

In the fiscal year ending June 30, 2025, The Foundation Schools reported that 91.2% of its $23.5 million in expenses went to program services, 8.0% to management and general and 0.8% to fundraising (Form 990, Part IX).

How much does The Foundation Schools pay its top executive?

The largest total compensation The Foundation Schools reported for one person in the fiscal year ending June 30, 2025 was $327,811, for the role of CEO & SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Foundation Schools get its money?

Of $25.8 million in revenue in the fiscal year ending June 30, 2025, 1.8% came from contributions and grants (including 0.4% from government grants) and 96.4% from program service revenue (Form 990, Part VIII).

Is The Foundation Schools a registered charity?

The IRS lists EIN 23-7425256 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610149349300601 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433119349302153 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401069349301100 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202203489349300600 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103449349300600 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003529349300620 · read the filing

All filings for EIN 23-7425256: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.