Founding Fourteen

Analysis

Founding Fourteen is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in April 2015, 11 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 June 2023, Founding Fourteen reported income of $7.3m and spending of $7.8m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.1m to $7.3m (+21%), an average of +4.8% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Founding Fourteen sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Urban Choice Charter School ($7.3m), Piney Woods School ($7.3m) and Emereau Foundation ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $30.4m against liabilities of $33.8m, net assets of -$3.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.