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Foundation School Incorporated

  • Orange, CT
  • Tax-exempt since May 1968
  • EIN: 06-0813498

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$4.42M (2023)

Expenses
$4.62M (2023)

Total Assets
$16.5M (2023)

Total Liabilities
$133k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,416,154
Expenses
$4,621,525
Net Income
-$205,371
Net Assets
$16,346,830
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,854
0.0%
Program Services $4,014,490
90.9%
Investment Income $399,810
9.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,264,347
70.6%
Assets/Debt
Total Assets $16,480,227
Total Liabilities $133,397
Net Assets $16,346,830
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Stephen Bell (President/Treasurer) $169,998 $0 $0
Adam Bell (Secretary) $169,998 $0 $0
A Piccerillo (Unit Director) $130,921 $0 $0
Nicholas Huskes (Unit Director) $129,846 $0 $0
Aksena Varapai (Unit Director) $123,844 $0 $0
Cheryl Ceraso (Speech Therapist) $111,640 $0 $0
J Lavisati (Director) $109,640 $0 $0
Barney Burns (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 7, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,758,154
Expenses
$4,876,502
Net Income
-$118,348
Net Assets
$15,621,936
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,663
0.0%
Program Services $4,297,739
90.3%
Investment Income $458,752
9.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,412,019
70.0%
Assets/Debt
Total Assets $15,756,046
Total Liabilities $134,110
Net Assets $15,621,936
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Stephen Bell (President/Treasurer) $166,998 $0 $0
Adam Bell (Secretary) $166,998 $0 $0
A Piccerillo (Unit Director) $130,921 $0 $0
Nicholas Huskes (Unit Director) $129,846 $0 $0
Aksena Varapai (Unit Director) $123,844 $0 $0
Cheryl Ceraso (Speech Therapist) $111,640 $0 $0
J Lavisati (Director) $109,640 $0 $0
Barney Burns (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,881,535
Expenses
$5,022,978
Net Income
-$141,443
Net Assets
$17,636,534
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,754
0.0%
Program Services $4,638,340
95.0%
Investment Income $241,441
4.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,582,836
71.3%
Assets/Debt
Total Assets $17,652,377
Total Liabilities $15,843
Net Assets $17,636,534
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Stephen Bell (President/Treasurer) $166,438 $0 $0
Adam Bell (Secretary) $157,695 $0 $0
Michael Nicholson (Director Of Education) $152,285 $0 $0
A Piccerillo (Unit Director) $129,246 $0 $0
Nicholas Huskes (Unit Director) $126,013 $0 $0
Cheryl Ceraso (Speech Therapist) $112,950 $0 $0
Aksena Varapai (Unit Director) $107,723 $0 $0
Barney Burns (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on May 10, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,119,938
Expenses
$5,195,725
Net Income
-$75,787
Net Assets
$15,916,463
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,521
0.0%
Program Services $4,842,125
94.6%
Investment Income $275,292
5.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $496,901
9.6%
Professional Fundraising Fees $0
Other Salaries and Wages $3,188,801
61.4%
Assets/Debt
Total Assets $15,969,663
Total Liabilities $53,200
Net Assets $15,916,463
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Michael Nicholson (Director Of Education) $175,123 $0 $8,756
Stephen Bell (President/Treasurer) $166,188 $0 $8,500
Adam Bell (Secretary) $155,590 $0 $8,500
Nicholas Huskes (Unit Director) $123,096 $0 $6,252
A Piccerillo (Unit Director) $121,111 $0 $6,296
Cheryl Ceraso (Speech Therapist) $109,892 $0 $5,495
Carrie Stratton (Speech Therapist) $107,721 $0 $5,386
Barney Burns (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on March 24, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,737,572
Expenses
$5,155,906
Net Income
$581,666
Net Assets
$15,770,269
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,079
0.0%
Program Services $5,397,750
94.1%
Investment Income $304,419
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $33,324
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,600,180
69.8%
Assets/Debt
Total Assets $15,851,957
Total Liabilities $81,688
Net Assets $15,770,269
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Michael Nicholson (Director Of Education) $171,453 $0 $0
Stephen Bell (President/Treasurer) $166,550 $0 $0
Adam Bell (Secretary) $156,470 $0 $0
Nicholas Huskes (Associate Unit Director) $119,096 $0 $0
A Piccerillo (Associate Unit Director) $114,592 $0 $0
Cheryl Ceraso (Speech Therapist) $108,392 $0 $0
Carrie Stratton (Speech Therapist) $106,000 $0 $0
Jill Laudati (Speech Therapist) $103,541 $0 $0
Barney Burns (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on June 8, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,065,639
Expenses
$5,093,211
Net Income
$972,428
Net Assets
$14,783,963
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,333
0.0%
Program Services $5,862,239
96.6%
Investment Income $201,067
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,579,844
70.3%
Assets/Debt
Total Assets $14,856,869
Total Liabilities $72,906
Net Assets $14,783,963
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Stephen Bell (President/Treasurer) $195,408 $0 $9,990
Adam Bell (Secretary) $188,525 $0 $8,788
Michael Nicholson (Director Of Education) $162,600 $0 $8,300
A Piccerillo (Associate Unit Director) $118,620 $0 $6,100
Nicholas Huskes (Associate Unit Director) $114,375 $0 $5,730
Barney Burns (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on May 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,362,005
Expenses
$5,151,554
Net Income
$1,210,451
Net Assets
$13,666,104
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,276
0.1%
Program Services $6,121,920
96.2%
Investment Income $232,809
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $985,393
19.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,656,562
51.6%
Assets/Debt
Total Assets $13,749,279
Total Liabilities $83,175
Net Assets $13,666,104
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Stephen Bell (President/Treasurer) $222,050 $0 $11,103
Adam Bell (Secretary) $220,730 $0 $11,037
Michael Nicholson (Director Of Education) $157,424 $0 $7,871
A Piccerillo (Associate Unit Director) $116,650 $0 $5,833
Nicholas Huskes (Associate Unit Director) $102,182 $0 $5,109
D Bourdeau (Unit Director) $85,149 $0 $4,257
Aksana Varapai (Associate Unit Director) $81,208 $0 $4,060
Barney Burns (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on May 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,941,354
Expenses
$5,802,746
Net Income
$1,138,608
Net Assets
$11,745,515
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,845
0.1%
Program Services $6,684,043
96.3%
Investment Income $249,466
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $993,431
17.1%
Professional Fundraising Fees $0
Other Salaries and Wages $3,077,281
53.0%
Assets/Debt
Total Assets $11,822,485
Total Liabilities $76,970
Net Assets $11,745,515
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Stephen Bell (President/Treasurer) $222,500 $0 $20,538
Adam Bell (Secretary) $220,936 $0 $14,000
Michael Nicholson (Director Of Education) $152,816 $0 $24,000
A Piccerillo (Associate Unit Director) $113,650 $0 $17,640
D Bourdeau (Unit Director) $108,900 $0 $24,000
Nicholas Huskes (Associate Unit Director) $105,808 $0 $5,353
Aksana Varapai (Associate Unit Director) $68,821 $0 $5,200
Barney Burns (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,473,277
Expenses
$6,545,227
Net Income
$928,050
Net Assets
$10,785,732
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,075
0.1%
Program Services $7,116,766
95.2%
Investment Income $348,436
4.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $838,225
12.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,840,691
58.7%
Assets/Debt
Total Assets $10,862,166
Total Liabilities $76,434
Net Assets $10,785,732
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Adam Bell (Secretary) $228,310 $0 $11,416
Stephen Bell (President/Treasurer) $222,500 $0 $11,125
Michael Nicholson (Unit Director) $155,815 $0 $9,469
D Bourdeau (Unit Director) $118,900 $0 $5,945
A Piccerillo (Associate Unit Director) $112,700 $0 $5,635
Barney Burns (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 8, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,074,166
Expenses
$6,840,035
Net Income
$1,234,131
Net Assets
$9,879,310
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,736
0.1%
Program Services $7,850,572
97.2%
Investment Income $213,554
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,304
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $832,994
12.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,935,813
57.5%
Assets/Debt
Total Assets $10,075,297
Total Liabilities $195,987
Net Assets $9,879,310
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Adam Bell (Secretary) $225,090 $0 $11,255
Stephen Bell (President/Treasurer) $223,100 $0 $11,155
Michael Nicholson (Unit Director) $154,331 $0 $9,281
D Bourdeau (Unit Director) $117,389 $0 $5,869
A Piccerillo (Associate Unit Director) $113,085 $0 $5,654
Barney Burns (Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Dec. 1, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,309,283
Expenses
$6,872,316
Net Income
$436,967
Net Assets
$8,038,439
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,763
0.0%
Program Services $7,213,599
98.7%
Investment Income $77,693
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $16,000
0.2%
Net Inventory Sales $0
Other Revenue $228
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $835,011
12.2%
Professional Fundraising Fees $0
Other Salaries and Wages $4,120,516
60.0%
Assets/Debt
Total Assets $8,225,705
Total Liabilities $187,266
Net Assets $8,038,439

Document Links

990
Filed on March 13, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,734,752
Expenses
$7,506,592
Net Income
$228,160
Net Assets
$7,248,447
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,943
0.0%
Program Services $7,694,662
99.5%
Investment Income $50,951
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$13,804
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $795,321
10.6%
Professional Fundraising Fees $0
Other Salaries and Wages $4,615,137
61.5%
Assets/Debt
Total Assets $7,463,012
Total Liabilities $214,565
Net Assets $7,248,447

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,729,265
Expenses
$9,284,399
Net Income
-$1,555,134
Net Assets
$6,996,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,634
0.0%
Program Services $7,684,849
99.4%
Investment Income $46,053
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,271
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,251,393
45.8%
Assets/Debt
Total Assets $7,347,550
Total Liabilities $351,478
Net Assets $6,996,072

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated