BEducationEIN: 274379476· Ruling Year: 2011

Foundation First

Fredericksbrg, Virginia

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.13×
Peer Median20.77×
💰
$2.4M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$313K
Net Assets
📋
$503K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+243.8%
Year-over-year change (2022 → 2023)
Net Margin
+2.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.13
Net assets divided by total expenses
Liabilities-to-Assets
61.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,371,727244%$2,319,084240%$816,131147%
2022$689,90014%$682,13712%$330,05010%
2021$806,47327%$779,41823%$300,1365%
2020$634,56812%$631,67315%$315,09628%
2019$564,209$548,2934%$245,40312%
2018$564,0219%$573,3407%$218,7652%
2017$518,63928%$534,45222%$223,9906%
2016$406,00310%$437,8152%$239,45514%
2015$452,3163%$429,7538%$277,0155%
2014$466,30322%$469,43159%$264,6274%
2013$381,38451%$294,742188%$253,40860%
2012$251,849$102,287$158,442

Frequently Asked Questions

What does Foundation First do?

Foundation First is a education nonprofit organization based in Virginia. It is classified under NTEE code B99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Foundation First financially healthy?

Based on our 9-metric Financial Health Score model, Foundation First has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Foundation First generate?

Foundation First reports $4.4M in annual revenue and holds $716K in total assets, based on IRS filings.

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