Firm Foundation Early Learning Academy

Analysis

Firm Foundation Early Learning Academy is a registered charity in United States, based in Lithonia, GA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Firm Foundation Early Learning Academy reported income of $187k and spending of $204k, spending 109% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $236k to $187k (-21%), an average of -5.7% a year. The sharpest change came in the year to July 2022, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Firm Foundation Early Learning Academy sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Charter Foundation ($187k), Oak Brook College of Law and Government Policy ($187k) and Lovelikety ($187k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Other salaries and wages came to $102k. At year end it held assets of $159 against liabilities of $0, net assets of $159. It reported 8 employees.