Franklin Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 413,732 | 423,415 | −9,683 | -0.0 | 57% |
| 2012 | 440,570 | 409,835 | 30,735 | 0.9 | 59% |
| 2013 | 532,792 | 517,217 | 15,575 | 1.1 | 55% |
| 2014 | 809,193 | 762,115 | 47,078 | 1.4 | 62% |
| 2015 | 1,084,869 | 1,000,291 | 84,578 | 1.9 | 59% |
| 2016 | 1,339,091 | 1,253,525 | 85,566 | 2.3 | 58% |
| 2017 | 1,950,705 | 1,856,432 | 94,273 | 2.2 | 55% |
| 2018 | 2,188,156 | 2,126,885 | 61,271 | 2.2 | 56% |
| 2019 | 3,170,515 | 2,483,346 | 687,169 | 5.2 | 58% |
| 2020 | 3,309,263 | 3,090,234 | 219,029 | 5.1 | 57% |
| 2021 | 11,141,204 | 3,856,751 | 7,284,453 | 29.1 | 60% |
| 2022 | 11,015,661 | 5,204,299 | 5,811,362 | 34.9 | 59% |
| 2023 | 8,150,089 | 6,367,563 | 1,782,526 | 30.9 | 62% |
| 2024 | 7,279,036 | 7,850,824 | −571,788 | 24.3 | 61% |
In its most recent public year (2024), this organization spent $571,788 more than it brought in. Its reserves stood at about 24.3 months of spending, up from 0 in 2011. Staff pay was 61% of spending. $1,960,926 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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