Foundation First

Organization Overview

Foundation First is located in Fredericksburg, VA. The organization was established in 2011. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Foundation First employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation First is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Foundation First generated $689.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $682.1k during the year ending 06/2022. While expenses have increased by 6.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO LEAD COMMUNITY PARTNERS IN MAXIMIZING AND COORDINATING RESOURCES THAT ENSURE EQUAL OPPORTUNITIES FOR ALL YOUNG CHILDREN, BIRTH TO FIVE, TO BE READY FOR SCHOOL AND READY FOR LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VIRGINIA STAR QUALITY INITIATIVE(VSQI) - STATEWIDE SYSTEM DESIGNED TO ASSIST CHILDCARE PROVIDERS IN THEIR EFFORTS TO ASSESS AND IMPROVE THE QUALITY OF THEIR SERVICES.


OTHER


PRESCHOOL DEVELOPMENT GRANT - PILOT PROGRAM FOR A NEW UNIFIED SYSTEM FOR EARLY CHILDHOOD DEVELOPMENT IN VIRGINIA (BIRTH-FIVE).


AL'S PALS - A RESILIENCY-BASED EARLY CHILDHOOD CURRICULUM AND TEACHER TRAINING PROGRAM THAT DEVELOPS PERSONAL, SOCIAL AND EMOTIONAL SKILLS IN YOUNG CHILDREN.


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Board, Officers & Key Employees

Name (title)Compensation
Gregory Mellors
Chair
$0
Jennifer Mackowski
Vice-Chair
$0
Matthew Mitchell
Treasurer
$0
Rebecca Purdy
Secretary
$0
Brandie Williams
Director
$0
Dr Nimali Fernando
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $667,293
All other contributions, gifts, grants, and similar amounts not included above$19,404
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$686,697
Total Program Service Revenue$0
Investment income $4
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $689,900

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