FOUNDING FOURTEEN INC FULTON ACADEMY OF SCIENCE AND TECHNOLOGY

EIN: 472730451 501(c)(3) Education

ROSWELL, GA

Total Revenue
$7,199,314
Total Expenses
$7,659,317
Total Assets
$28,719,587
Net Assets
$-3,873,543
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
GA
Principal Officer
DAVID MACNAIR
Phone
6783211100
Tax Period
2023-07-01 to 2024-06-30

FOUNDING FOURTEEN INC FULTON ACADEMY OF SCIENCE AND TECHNOLOGY, founded in 2015, is a community nonprofit in the Education sector that reported $7.2M in total revenue in fiscal year 2023.

Mission

THE MISSION OF FULTON ACADEMY OF SCIENCE AND TECHNOLOGY (FAST) IS TO PROVIDE AN EDUCATION BASED ON DESIGN THINKING AND PROBLEM-SOLVING WITH AN EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) TO K-8 CHILDREN IN THE DIVERSE FULTON COUNTY COMMUNITY. FAST'S GOAL IS TO PREPARE CHILDREN IN A WAY THAT PROVIDES THEM A FOUNDATION TO BE CREATIVE INNOVATORS AND PROBLEM SOLVERS SO THEY ARE PREPARED FOR SUCCESS AND LEADERSHIP IN OUR RAPIDLY CHANGING WORLD. WITH THE DIVERSE DEMOGRAPHICS OF OUR EXISTING COMMUNITY SERVING AS THE BACKGROUND THEME FOR ACADEMICS, CHILDREN WILL DEVELOP THE FOUNDATIONS FOR LEARNING AND THINKING THAT PREPARES THEM FOR SUCCESS IN POST-SECONDARY EDUCATION AND CAREERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,019,011
Program Service Revenue $143,445
Investment Income $36,858
Other Revenue $0
TOTAL REVENUE $7,199,314

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,064,702
Fundraising Expenses $0
Program Expenses $5,892,533
Other Expenses $2,594,615
TOTAL EXPENSES $7,659,317

Year-over-Year Comparison

2023 2022 Change
Revenue $7,199,314 $7,336,360 0.0%
Expenses $7,659,317 $7,803,952 0.0%
Net Income $-460,003 $-467,592 0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID MACNAIR BOARD CHAIR 2.00
Officer Director
$0 $0 $0
DESIREE ANDREWS GOVERNING BOARD MEMBER 2.00
Director
$0 $0 $0
TARA COLON GOVERNING BOARD MEMBER 2.00
Director
$0 $0 $0
STEVE JONES GOVERNING BOARD MEMBER 2.00
Director
$0 $0 $0
PARAS SHAH GOVERNING BOARD MEMBER 2.00
Director
$0 $0 $0
AL STANLEY GOVERNING BOARD MEMBER 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $7,199,314 $7,659,317 $28,719,587 $-460,003
2023 $7,336,360 $7,803,952 $30,396,077 $-467,592
2022 $6,705,854 $7,109,065 $29,022,415 $-403,211
2021 $6,801,075 $7,225,875 $4,852,182 $-424,800
2020 $6,384,475 $6,855,499 $5,041,703 $-471,024
2019 $6,071,612 $6,250,385 $4,348,172 $-178,773
2018 $5,427,013 $5,615,194 $3,746,229 $-188,181
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