Public Charity

Good Foundations Academy

Good Foundations Academy is a nonprofit organization categorized as Public Charity based in Riverdale, UT. Its most recent IRS filing (2025) reports revenue of $5.3M, expenses of $4.5M, total assets of $9.8M.

EIN: 364664197 Riverdale, UT Charter Schools NTEE: B29 Latest filing: 2025
Total Revenue$5.3M
Total Expenses$4.5M
Total Assets$9.8M
Grant Records0
Filing Years2021–2025

Mission

To provide excellence and fairness in education through a common educational foundation our goal is to provide each student with knowledge, skills, and character through strong parent-teacher-student partnerships.

Where $100 goes at Good Foundations Academy

How Good Foundations Academy divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$98 Programs the work itself
$2 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 $98 for programs

$92
To operate a public charter school for students from kindergarten through grade six
94% of program spending
$6
To operate a school lunch program
6% of 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.

Officers & Directors

Board Member Heather Baker
Board Chair Jamie Walker
Board Member Jed Daily
Executive Director Lisa Erwin
Board Member Micah Olson
Board Member Steve Hepburn

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $5.3M $4.5M $9.8M
2024 $5.0M $4.1M $9.1M
2023 $4.4M $3.6M $8.3M
2022 $3.7M $3.5M $7.6M
2021 $3.9M $3.6M $7.5M

Between 2021 and 2025, reported annual revenue grew from $3.9M to $5.3M (+36%), with total assets most recently reported at $9.8M.

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

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