The@foundry Inc
- Assets
- $271.2k
- Revenue
- $335.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Peachtree City, GA
- Founding
- 03/2019
- Data as of
- 06/2021
- EIN
- 82-4810445
Organization Overview
The@foundry Inc is located in Peachtree City, GA. The organization was established in 2019. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. The@foundry Inc 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 06/2021, The@foundry Inc generated $335.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $341.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDRY REDEFINES EDUCATION BY TEACHING STUDENTS TO HARNESS THEIR GIFTS AND TALENTS, SO THEY CAN SUCCESSFULLY REACH THEIR FULLEST POTENTIAL THROUGH CHALLENGING, MEANINGFUL WORK IN THE CLASSROOM AND THE REAL WORLD. TO EQUIP STUDENTS FOR SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SECONDARY SCHOOL EDUCATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Colson Vice Chairman | Trustee | 15 | $0 |
Denise Cramer Treasurer | Trustee | 20 | $0 |
Alan Gilbert Chairman | Trustee | 40 | $0 |
Ron Corbin Director | Trustee | 10 | $0 |
Wilvor Butler Director | Trustee | 10 | $0 |
Jeffrey Shafer Secretary | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,338 |
| Investment income | $77 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,620 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $335,333 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $181,172 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,692 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,215 |
| Advertising and promotion | $5,523 |
| Office expenses | $2,761 |
| Information technology | $230 |
| Royalties | $0 |
| Occupancy | $34,968 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,215 |
| Insurance | $8,322 |
| All other expenses | $0 |
| Total functional expenses | $341,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,264 |
| Savings and temporary cash investments | $28,517 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $271,175 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $198,984 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,807 |
| Total liabilities | $201,791 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $69,384 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The@foundry Inc has recieved totaling $239.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $239 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Andrews School Of Boca Raton Inc Boca Raton, FL | $86,373,097 | $47,728,671 |
Lake Highland Preparatory School Inc Orlando, FL | $87,682,705 | $57,464,181 |
The Baylor School Chattanooga, TN | $270,105,763 | $47,683,171 |
University Of Nashville Montgomery Bell Academy Nashville, TN | $303,405,415 | $41,667,135 |
Montverde Academy Montverde, FL | $55,272,335 | $32,301,917 |
Rabun Gap-Nacoochee School Rabun Gap, GA | $105,001,665 | $32,375,355 |
Palmer Trinity Private School Inc Palmetto Bay, FL | $91,390,503 | $34,552,191 |
Episcopal School Of Jacksonville Inc Jacksonville, FL | $51,998,988 | $26,337,584 |
Belen Jesuit Preparatory School Inc Miami, FL | $43,846,695 | $27,791,869 |
Tallulah Falls School Inc Tallulah Falls, GA | $76,684,503 | $23,311,796 |
Cary Academy Cary, NC | $92,134,722 | $26,213,526 |
Whitefield Academy Inc Mableton, GA | $76,378,322 | $24,777,271 |