2020-12-17T12:38:36-06:00 2020-06-30 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2019-07-01 237425256 THE FOUNDATION SCHOOLS FOUN 3018810078 1330 MCCORMICK DRIVE LARGO MD 20774 GINA JAMES CEO & SECRETARY 3018810078 2020-12-17 1 FRANK H SMITH P00639053 2022274000 2020-12-17 2019 2022-09-23 18:48:47Z GINA JAMES 1330 MCCORMICK DRIVE LARGO MD 20774 17523591 0 X WWW.FOUNDATIONSCHOOLS.ORG X 1975 DC PROVIDE SPECIALIZED EDUCATIONAL AND THERAPEUTIC PROGRAMS FOR STUDENTS WITH EMOTIONAL DISABILITIES. 12 12 234 12 0 0 508004 333879 15500738 17151872 24861 37840 -68019 0 15965584 17523591 0 0 0 0 11728168 12711956 0 0 250741 4009615 3820877 15737783 16532833 227801 990758 12640399 14820467 6419991 7609301 6220408 7211166 X SCHOOLS ARE NONPROFIT SPECIAL EDUCATION DAY SCHOOLS WITH A MISSION TO PROVIDE HIGHLY SPECIALIZED EDUCATIONAL AND THERAPEUTIC PROGRAMS FOR STUDENTS IDENTIFIED WITH EMOTIONAL DISABILITIES, AS WELL AS THOSE WITH SOCIAL, EMOTIONAL AND LEARNING CHALLENGES, PREPARING THEM TO BE LIFELONG LEARNERS. 1 0 12262781 14923570 THE FOUNDATION SCHOOLS OFFERS A NONPUBLIC SPECIAL EDUCATION PROGRAM FOR CHILDREN AND ADOLESCENTS IN GRADES K - 12, 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. 2196836 2228302 FOR THE AUTISM PROGRAM KNOWN AS THE FOUNDATION LEARNING CENTER, THE PROGRAM WAS OFFICIALLY APPROVED TO OPEN ON AUGUST 2019 IN A STATE-OF-THE-ART LOCATION IN LANDOVER, MARYLAND. THE FOUNDATION LEARNING CENTER IS A FULL-DAY TYPE I NONPUBLIC SPECIAL EDUCATION PROGRAM SERVING STUDENTS WITH AUTISM SPECTRUM DISORDERS (ASD), IN GRADES K 8, AGES 5 TO 13. 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 LEARNING CENTER OFFERS SPECIALIZED PROGRAMMING TO MEET THE UNIQUE NEEDS OF STUDENTS WITH ASD WHO DISPLAY A SPECTRUM OF DEVELOPMENTAL DELAYS, SOCIAL SKILLS IMPAIRMENT AND COMMUNICATION DEVELOPMENT NEEDS. 14459617 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 6 0 1 234 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MD VA X AMIR MALEK 3018810078 1330 MCCORMICK DRIVE LARGO MD 20774 GINA JAMES CEO & SECRETARY 40.00 X 215901 0 24620 MICHELLE LIEBERMAN DIRECTOR OF HR 40.00 X 146749 0 18056 LORE PERCIVAL FORMER CFO/SECRETARY 40.00 X 138616 0 14124 YVETTE COLVIN DIRECTOR OF OPERATIONS 40.00 X 134116 0 17151 KELLI KUNERT DIRECTOR OF COMM. & DEVELOPMENT 40.00 X 130733 0 10851 TORI WILSON PRINCIPAL 40.00 X 124981 0 10327 TAMIKO LOBAUGH PRINCIPAL 40.00 X 111358 0 9365 AMIR MALEK DIRECTOR OF FINANCE 40.00 X 83437 0 3326 ANDRE J GINGLES ESQ CHAIRMAN 4.00 X X 0 0 0 ERIC RANDOLPH VICE CHAIRMAN 2.00 X X 0 0 0 THOMAS M DEGONIA II ESQ TREASURER 2.00 X X 0 0 0 ADE ADEBISI DIRECTOR 1.00 X 0 0 0 ANDREA R ADLER LCSW-C DIRECTOR 1.00 X 0 0 0 SHAWN BOYD DIRECTOR 1.00 X 0 0 0 CAROLINE BROWN DIRECTOR 1.00 X 0 0 0 JAMES W CORNELSEN DIRECTOR 1.00 X 0 0 0 KEN HARRIS DIRECTOR 1.00 X 0 0 0 TARA JACKSON ESQ DIRECTOR 1.00 X 0 0 0 NEENA MASIH DIRECTOR 1.00 X 0 0 0 MARION PORTER DIRECTOR 1.00 X 0 0 0 1085891 0 107820 8 1 1 0 ALIGNSTAFFING 111 K STREET NE WASHINGTON DC 20002 TEMPORARY STAFFING 707585 ASSOC BUILDING MAINTENANCE COMPANY 2140 PRIEST BRIDGE CT 3 CROFTON MD 21114 JANITORIAL & MAINTENANCE 233878 SIRIN CONSTRUCTION & MAINTENANCE LLC 7414 ALLISON STREET HYATTSVILLE MD 20784 MAINTENANCE AND REPAIRS 145243 THERAPY SOURCE 6326 MILITIA HILL ROAD PLYMOUTH MEETING PA 19462 TEMPORARY STAFFING 125000 COMPLETE HEALTHCARE STAFFING 5800 SILENT SUN PL CLARKSVILLE MD 21029 TEMPORARY STAFFING 102243 11 333879 53858 333879 TUITION 900099 16651692 16651692 PREVENTATIVE SERVICES 900099 300000 300000 MEDICAL ASSISTANCE 900099 126196 126196 STUDENT MEAL PROGRAM 900099 47409 47409 E-RATE PROGRAM 900099 25825 25825 750 750 17151872 37840 37840 17523591 17151872 0 37840 393055 151529 224690 16836 9547026 8390767 1006824 149435 446074 367951 66818 11305 1572031 1412318 152733 6980 753770 655238 85510 13022 18334 18334 62292 62292 1111075 1064524 46509 42 295054 251475 39331 4248 1406424 1324966 79526 1932 20943 15094 4766 1083 37328 37328 159172 159172 320902 317536 3366 96191 81254 14937 UBI TAXES 2653 2653 MATERIALS/STUDENT SERV. 188478 188478 SCHOOL ACTIVITIES 37302 29660 7642 RECRUITMENT 34998 28147 6698 153 29731 21508 7488 735 16532833 14459617 1822475 250741 16099 8934 5460501 6566137 1716434 2923465 230004 305484 10752470 5802373 5162406 4950097 54955 66350 12640399 14820467 1536194 1581049 23075 4833134 4618357 1350000 50663 36820 6419991 7609301 X 6211834 7203188 8574 7978 6220408 7211166 12640399 14820467 990758 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1037165 1037165 8110260 4370404 3739856 151393 123201 28192 1417652 1272768 144884 36000 36000 0 4950097 DEFERRED RENT 36820 36820 X 17535591 12000 12000 17523591 0 17523591 16544833 12000 12000 16532833 0 16532833 PART X, LINE 2: THE FOUNDATION SCHOOLS PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED JUNE 30, 2020 AND 2019, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX EXEMPT STATUS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WE DO NOT SOLICIT STUDENTS AS THEY ARE REFERRED BY LOCAL PUBLIC SCHOOL SYSTEMS. WE HAVE PRINTED MATERIALS THAT ARE DISTRIBUTED TO PARENTS AND ANY OTHER INTERESTED PARTIES DURING THE REFERRAL PROCESS. SCHEDULE E, PART I, LINE 6 A SUBSTANTIAL PORTION OF THE TUITION AND RELATED SERVICES REVENUE EARNED BY THE SCHOOLS IS PAID BY THE LOCAL JURISDICTIONS OF THE STATE OF MARYLAND AND THE DISTRICT OF COLUMBIA. FOR THE YEAR ENDED JUNE 30, 2020, THE REVENUE ATTRIBUTABLE TO SUCH CONTRACTS TOTALED $16,951,692 OF THE SCHOOLS' TOTAL REVENUE AND SUPPORT. REVENUE EARNED FROM THE LOCAL JURISDICTIONS OF MARYLAND AND THE DISTRICT OF COLUMBIA REPRESENTS APPROXIMATELY 97% OF THE TOTAL REVENUE AND SUPPORT RECOGNIZED BY THE SCHOOLS FOR THE YEAR ENDED JUNE 30, 2020. X X X X X 0 0 0 0 0 0 0 0 0 GINA JAMES CEO & SECRETARY 215000 0 901 0 0 0 6450 0 18170 0 240521 0 0 0 MICHELLE LIEBERMAN DIRECTOR OF HR 145848 0 901 0 0 0 11596 0 6460 0 164805 0 0 0 LORE PERCIVAL FORMER CFO/SECRETARY 137816 0 800 0 0 0 10961 0 3163 0 152740 0 0 0 YVETTE COLVIN DIRECTOR OF OPERATIONS 133208 0 908 0 0 0 10584 0 6567 0 151267 0 0 0 A MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2012-07-25 6220995 REFUNDING MHHEFA BOND DEBT ISSUED NOVEMBER 2002 0 0 0 A 6105000 115995 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 A 0 WESBANCO BANK DIR.OF THE SCHOOLS &DIR.OF WB, CHAIR.OF THE SCHOOLS &ADV. OF REG. BOD OF WB 159000 THE SCHOOLS ENTERED INTO DEBT AGREEMENTS WITH WESBANCO BANK (FORMERLY OLD LINE BANK), A LOAN IN THE AMOUNT OF $6,220,995 AND REVOLVING LINE OF CREDIT OF $2,000,000. INTEREST PAID BY THE SCHOOLS WAS $159,000 IN FY2020. THE CHAIR OF THE SCHOOL'S BOARD OF DIRECTORS, ANDRE J. GINGLES, SERVES ON THE REGIONAL BOARD OF DIRECTOR AS AN ADVISORY AND DIRECTOR JAMES W. CORNELSEN, IS A DIRECTOR OF WESBANCO BANK. AFTER CONSULTATION WITH OUTSIDE COUNSEL, THE DECISION TO ENTER INTO A TRANSACTION WITH WESBANCO BANK WAS APPROVED BY THE BOARD OF DIRECTORS COMPOSED ENTIRELY OF INDIVIDUALS UNRELATED TO AND NOT SUBJECT TO THE CONTROL OF THE DISQUALIFIED PERSONS WHO WERE AND ARE AFFILIATED WITH WESBANCO BANK. 0 X 218 FMV X 16968 FMV X 4 1534 FMV X 7 5189 FMV X TECHNOLOGY 35 10876 FMV X FUNDR. EVENTS 96 10287 FMV X SCHOOL SUPP. 18 8136 FMV X STUDENT EVENTS 1 650 FMV 0 0 0 FORM 990, PART III, LINE 2 THE FOUNDATION LEARNING CENTER WAS A NEW PROGRAM THAT COMMENCED DURING THE FISCAL YEAR ENDED JUNE 30, 2020. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO OTHER COMMITTEES THAT MAY ACT ON BEHALF OF THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOLS' OUTSIDE ACCOUNTING FIRM COMPLETES THE TAX RETURN. THE DRAFT VERSION OF THE FEDERAL FORM 990 IS FIRST REVIEWED BY THE SCHOOLS BOARD OF DIRECTORS AUDIT COMMITTEE AND THEN SUBMITTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO SUBMITTING TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS BOARD MEMBERS AND ALL EMPLOYEES OF THE SCHOOLS. EACH DIRECTOR AND OFFICER IS REQUIRED TO MAKE AND SIGN AN ANNUAL STATEMENT THAT THEY ARE AWARE OF AND IN COMPLIANCE WITH THE POLICY. THE POLICY IS ACTIVELY ENFORCED AND MONITORED BY OFFICERS OF THE SCHOOLS. OFFICERS HAVE THE RESPONSIBILITY TO ENSURE THAT THE SCHOOLS GOALS ARE TRANSPARENT IN EACH TRANSACTION THAT THE SCHOOLS ENGAGE IN. IF A REAL OR POTENTIAL CONFLICT ARISES, THE INTERESTED PARTY IS PRECLUDED FROM VOTING IN CONNECTION WITH THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOLS BOARD OF DIRECTORS WANTS TO ENSURE THAT TOTAL COMPENSATION AND BENEFITS ARE BEING REVIEWED IN SUCH A MANNER AS TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS AS SET FORTH UNDER IRC SECTION 4958. THE BOARD OF DIRECTORS HAS NAMED AN EXECUTIVE COMPENSATION COMMITTEE COMPRISED OF "DISINTERESTED" DIRECTORS TO OVERSEE EXECUTIVE COMPENSATION. RESPONSIBILITIES INCLUDE: 1. THE COMMITTEE HAS ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT OR FIRM TO CONDUCT A MARKET COMPENSATION STUDY WHICH WOULD INCLUDE SURVEYS AND REVIEW OF PUBLICLY ACCESSIBLE FEDERAL FORM 990 INFORMATION OF COMPARABLE ORGANIZATIONS. 2. A CONTEMPORANEOUS WRITTEN RECORD IS MADE TO DOCUMENT THE COMMITTEE'S THOROUGHNESS AND RATIONALE FOR ITS DECISION. 3. RECOMMENDED COMPENSATION IS PRESENTED BY THE COMMITTEE TO THE FULL BOARD OF DIRECTORS FOR APPROVAL. THESE PROCEDURES WERE LAST PERFORMED DURING 2015 AND SINCE THEN, CEO'S COMPENSATION DID NOT CHANGE. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOLS' FEDERAL FORM 990, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.