Public Charity

NEW FOUNDATIONS CHARTER SCHOOL

Based in PHILADELPHIA, PA, NEW FOUNDATIONS CHARTER SCHOOL operates as a Public Charity. The organization reported $33.6M in revenue, $33.8M in expenses, $37.9M in total assets for fiscal year 2025. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $48K.

EIN: 233040993 PHILADELPHIA, PA Primary & Elementary Schools NTEE: B24 Latest filing: 2025
Total Revenue$33.6M
Total Expenses$33.8M
Total Assets$37.9M
Grant Records4
Funding Total$48K
Filing Years2021–2025

Mission

THE MISSION IS TO PROVIDE STUDENTS WITH THE ACADEMIC, SOCIAL AND EMOTIONAL FOUNDATIONS AND SKILLS NECESSARY TO BECOME HIGH ACHIEVING, SOCIALLY COMPETENT STEWARDS OF THEIR COMMUNITIES. THE FOUNDERS OF THE NEW FOUNDATIONS CHARTER SCHOOL WILL ENSURE A COMMITMENT TO LIFELONG LEARNING AND ACHIEVEMENT OF ALL OUR STUDENTS BY CREATING AN ATMOSPHERE OF CARING THAT PREVADES EVERY ASPECT OF SCHOOL LIFE, AND PROMOTES ATTACHMENT TO AND RESPONSIBILITY FOR ALL MEMBERS OF OUR SCHOOL COMMUNITY.

Where $100 goes at New Foundations Charter School

How New Foundations Charter School divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$72 Programs the work itself
$28 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $72 for programs

$72
Charter school providing education instruction to students in the city of Philadelphia serving grades K-12
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
SCHOOL ENHANCEMENT
$20,000
2018
Program Expansion
$10,000
2017
YOUTH DEVELOPMENT AND EDUCATION
$10,000
2016
State Farm Impact School Grant to support Semester of Service activities; CNCS MLK Day School Grant to support MLK Day of Service activities
$8,000

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

CEO Christopher Zagacki
PRESIDENT David Lambie
PRINCIPAL Erin Herschberger
PRINCIPAL Frances Daly
SECRETARY Karen Bowman
DATA SPECIALIST Kevin Ouellette

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$28,000 2 grants
General Support
$10,000 1 grant
Youth Development
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $33.6M $33.8M $37.9M
2024 $32.0M $31.6M $40.0M
2023 $28.9M $28.3M $40.6M
2022 $26.2M $22.8M $41.6M
2021 $23.2M $20.0M $18.0M

Between 2021 and 2025, reported annual revenue grew from $23.2M to $33.6M (+45%), with total assets most recently reported at $37.9M.

Interactive year-over-year charts and full filing details available with membership.

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