2018-02-12T10:08:41-08:00 2017-06-30 BARRE & COMPANY LLC 2204 MORRIS AVE STE 206 UNION NJ 070835914 990 2016-07-01 204406909 FOUNDATION ACADEMY CHARTER SCHOOL FOUN 6099209200 363 WEST STATE STREET TRENTON NJ 08618 CHRISTOPHER LESSARD BUS. ADMIN. 2018-02-09 true Richard Barre P01434145 9086863484 X 2016 2021-01-29 14:40:06Z 17069177 false false X www.foundationacademies.org X NJ As a college-preparatory school, Foundation Academy Charter School's mission is to ensure that all of their students secure the academic knowledge and skills to prepare them for the nation's finest colleges, and to instill in them the core values of caring, respect, responsibility and honesty. Foundation Academy Charter School's 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 8 8 180 0 14591295 16510939 440061 511993 0 -416744 -420595 14614612 16602337 0 0 9533786 9885512 0 0 5970709 5242645 15504495 15128157 -889883 1474180 5709300 11362149 3998838 8177507 1710462 3184642 As a college-preparatory school, Foundation Academy Charter School's mission is to ensure that all of their students secure the academic knowledge and skills to prepare them for the nation's finest colleges, and to instill in them the core values of caring, respect, responsibility and honesty. Foundation Academy Charter School's 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 false false 9911979 During the tenth year of operation, the 2016-2017 school year, Foundation Academy Charter School provided a full range of educational services appropriate for all students in grades Kindergarten through 12th Grade. The Educational program includes social, health and nutrition services that support the total education of the student. In addition, the educational services include regular, as well as special education instruction. Foundation Academy Charter School promotes the full involvement of parents in their children's educational development. The Charter School completed the 2016-2017 school year with the following enrollment: 234 primary school students in Kindergarten, Grade 1 and Grade 2; 240 intermediate school students were enrolled in Grades 3 through 5; 252 middle school students in Grades 6 through 8; and 275 high school students were enrolled in grades 9 thru 12. The Average Daily Enrollment (ADE) for the entire charter school for the 2016-2017 school year was 1005 students. 9911979 true true false false false false false false false false true false false true true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 46 0 true 180 true false false false false false false false false 0 false false false false false false false false false false X 8 8 false false false false false false false true true false false true false false false false false true true false X ORGANIZATION 6099209200 363 WEST STATE STREET TRENTON NJ 08618 JACQUI GRIFFITH Trustee 2.00 0.00 X 0 0 0 GRECIA MONTERO Sec'y/Treasurer 2.00 0.00 X 0 0 0 JESSICA GAMBLE Trustee 2.00 0.00 X 0 0 0 ANNE-MINDY FERNANDEZ-SHEINBAUM Trustee 2.00 0.00 X 0 0 0 REID MC CARTHY Pres-Trustees 2.00 0.00 X 0 0 0 TODD KENT Trustee 2.00 0.00 X 0 0 0 PATRICK HALL Trustee 2.00 0.00 X 0 0 0 ALLAN KEHRT Trustee 2.00 0.00 X 0 0 0 NICK COURTNEY INTERMED SCH PR 40.00 0.00 X 75607 0 0 GRAIG WEISS CEO 40.00 0.00 X 148213 0 0 TARA PEPE DIRECTOR FINANC 40.00 0.00 X 75935 0 0 CHRISTOPHER LESSARD BUS. ADMIN. 20.00 0.00 X 36603 0 0 MONIQUE BONNIER Treasurer 2.00 0.00 X 0 0 0 SHERIA MC RAE MID SCH PRINC 40.00 0.00 X 120294 0 0 NATASIA SHUFORD PRIM SCH PRINC 40.00 0.00 X 55692 0 0 SHAVONNE MC MILLAN HIGH SCH PRINC 40.00 0.00 X 107037 0 0 619381 3 false false false MASCHIOS FOOD SERVICE 525 E MAIN STREET CHESTER NJ 07930 FOOD SERVICE 464390 DEFREHN CORPORATION 299 TOLLGATE ROAD LANGHORNE PA 19047 CONTRACTOR 138750 MURRAY PAVING AND CONCRETE 17 PARK PLACE PARAMUS NJ 07652 CONTRACTOR 111722 RICASOLI & SANTIN 4 FERNDALE AVENUE MERCERVILLE NJ 08619 BUILDING CONTRACTOR 419480 CDW GOVERNMENT 200 N MILWAUKEE AVE VERNON HILLS IL 60061 VENDOR 143906 5 16417087 93852 16510939 OTHER PROGRAM REVENUE-LINE 2 511993 511993 511993 0 0 0 0 0 0 0 46245 466840 -420595 -420595 0 16602337 91398 0 0 0 0 619381 358630 260751 0 7247351 4789150 2458201 0 2018780 1321036 697744 0 1971417 1290043 681374 39849 39849 17810 17810 0 0 0 0 0 951124 486944 464180 0 0 1304589 1053688 250901 4048 4048 0 0 17818 17818 0 121884 79758 42126 70404 46071 24333 Capital Outlay Expenses 606086 396607 209479 CAPITAL OUTLAY 137616 90052 47564 0 15128157 9911979 5216178 0 3602904 3917944 0 0 546191 438793 0 0 0 0 141469 4606375 138492 53449 4467883 0 0 0 0 1506756 2396060 5709300 11362149 576817 279014 166081 292613 2813679 3255940 4792201 3998838 8177507 X 1691657 3151034 18805 33608 1710462 3184642 5709300 11362149 1474180 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 770000 770000 3732717 101708 3631009 103658 36784 66874 4467883 Deferred Bond Issuance Costs, Net DEFERRED OUTFLOWS OF RESOURCES - PENSION 2375206 2396060 NET PENSION LIABILITY 4709346 Other Current Liabilities 82855 4792201 true true true true true true true false false false false false false false false true false true Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency THE CHARTER SCHOOL RECEIVES PUBLIC ASSISTANCE BY WAY OF PERCENTAGE OF LOCAL TAX LEVY PURSUANT TO REGULATIONS PROMULGATED BY THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION. IN ADDITION, THE CHARTER SCHOOL RECEIVES FEDERAL ASSISTANCE BY WAY OF GRANTS FROM NCLB/TITLE I AND I.D.E.A. PROGRAMS. OTHER FINANCIAL ASSISTANCE FROM GOVERNMENTAL PROGRAMS IS ALSO AVAILABLE VIA APPLICATION. Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized FOUNDATION ACADEMY CHARTER SCHOOL MAINTAINS A RACIALLY NONDISCRIMINATORY POLICY TOWARDS ALL STUDENTS, IN THAT THE CHARTER SCHOOL DOES NOT DISCRIMINATE AGAINST ANY STUDENT, OR EMPLOYEE, FOR REASONS OF RACE, COLOR, CREED, SEX, AGE, RELIGION, ETHNIC ORIGIN, FAMILY AFFILIATION, DISABILITIES, SOCIAL OR ECONOMIC STATUS, MARITAL STATUS, SEXUAL ORIENTATION, OR BECAUSE OF LIABILITY FOR SERVICE IN THE UNITED STATES ARMED FORCES. THE RACIALLY NONDISCRIMINATORY POLICY IS CONTAINED IN THE SCHOOL BY-LAWS AND IS COMMUNICATED TO STUDENTS AND PARENTS. THE SCHOOL INTENDS TO PUBLISH THIS POLICY IN ITS BROCHURE AND ON ITS WEBSITE.IN ADDITION, FOUNDATION ACADEMY CHARTER SCHOOL CUSTOMARILY DRAWS ITS STUDENTS FROM LOCAL COMMUNITIES, AND FURTHER, THE CHARTER SCHOOL ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race Form 990, Part VI, Line 11b: Form 990 Review Process THE CHARTER SCHOOL FINANCE COMMITTEE REVIEWS THE FORM 990 RETURN PRIOR TO SUBMISSION AND FILING WITH THE IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts EACH SCHOOL OFFICIAL AND KEY EMPLOYEE, AND EACH MEMBER OF THE BOARD OF TRUSTEES MUST COMPLETE A "SCHOOL ETHICS/PERSONAL/RELATIVE DISCLOSURE STATEMENT," PURSUANT TO APPLICABLE NEW JERSEY STATE LAW. THESE FORMS ARE FILED WITH THE APPROPRIATE GOVERNMENTAL ENTITIES, ALSO PER APPLICABLE NEW JERSEY STATE LAW. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management SALARY AND COMPENSATION OF THE CEO/LEAD PERSON OF THE SCHOOL IS REVIEWED AND EVALUATED BY BOARD OF TRUSTEES OF THE FOUNDATION ACADEMY CHARTER SCHOOL ON AN ANNUAL BASIS. IN CONDUCTING SUCH REVIEW AND EVALUATION, FACTORS SUCH AS PERSONAL STRENGTHS AND WEAKNESSES, AS WELL AS GOALS AND ACHIEVEMENTS OF THE CHARTER SCHOOL, AND COMPARABLE SALARY DATA ARE ALL GIVEN DUE WEIGHT AND CONSIDERATION. THE ULTIMATE COMPENSATION EVALUATION AND RECOMMENDATION IS THEREAFTER APPROVED BY THE BOARD OF TRUSTEES OF THE CHARTER SCHOOL. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees SALARY AND COMPENSATION OF OFFICERS, KEY EMPLOYEES AND ALL TEACHERS ARE REVIEWED AND EVALUATED BY THE CHARTER SCHOOL LEAD PERSON AND BUSINESS ADMINSTRATOR ON AN ANNUAL BASIS. IN CONDUCTING SUCH REVIEW AND EVALUATION, FACTORS SUCH AS TEACHER PERFORMANCE, EDUCATION, EXPERIENCE, LONGEVITY AND COMPARABLE AREA STANDARDS FOR THE PROFESSION, ARE GIVEN DUE WEIGHT AND CONSIDERATION. ALL SUCH COMPENSATION EVALUATIONS AND RECOMMENDATIONS ARE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF THE CHARTER SCHOOL. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE MINUTES FOR THE MEETINGS OF THE BOARD OF TRUSTEES OF THE FOUNDATION ACADEMY CHARTER SCHOOL ARE AVAILABLE TO THE PUBLIC ON THE SCHOOL'S WEBSITE. ANNUAL AUDIT AND FINANCIAL REPORTS OF THE CHARTER SCHOOL ARE AVAILABLE ON THE STATE OF NEW JERSEY DEPARTMENT OF EDUCATION WEBSITE. OTHER CHARTER SCHOOL INFORMATION IS AVAILABLE ON THE SCHOOL WEBSITE, OR WILL BE PROVIDED UPON REQUEST. DOCUMENT RETENTION & DESTRUCTION POLICY FOUNDATION ACADEMY CHARTER SCHOOL FOLLOWS STATE AND FEDERAL REGULATIONS AND STANDARDS GOVERNING RECORD RETENTION AND DESTRUCTION. WHISTLEBLOWER POLICY WHILE FOUNDATION ACADEMY CHARTER SCHOOL DOES NOT CURRENTLY HAVE A WRITTEN WHISTLEBLOWER POLICY, PROCEDURES AND PRACTICES ARE IN PLACE FOR THE FILING OF COMPLAINTS AGAINST ANY CO-WORKER OR AGAINST THE SCHOOL ITSELF, IF ANY SUCH SCHOOL EMPLOYEE REASONABLY BELIEVES THAT A CO-WORKER, OR THE SCHOOL ITSELF, IS CONDUCTING AN ILLEGAL OR WRONGFUL ACT. SCHOOL PRACTICE AND POLICY ALSO PROHIBITS RETALIATION AGAINST ANY EMPLOYEE WHO SUBMITS ANY SUCH COMPLAINT.