Franklin Heritage Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 268,259 | 193,917 | 74,342 | 33.3 | 38% |
| 2011 | 95,848 | 202,611 | −106,763 | 25.6 | 41% |
| 2012 | 215,141 | 206,534 | 8,607 | 25.6 | 41% |
| 2013 | 316,420 | 232,402 | 84,018 | 27.1 | 39% |
| 2014 | 424,188 | 317,519 | 106,669 | 23.9 | 39% |
| 2015 | 339,747 | 390,713 | −50,966 | 17.8 | 44% |
| 2016 | 460,181 | 409,302 | 50,879 | 18.5 | 44% |
| 2017 | 543,255 | 550,904 | −7,649 | 13.6 | 40% |
| 2018 | 530,477 | 556,842 | −26,365 | 12.8 | 48% |
| 2019 | 663,906 | 612,927 | 50,979 | 12.6 | 50% |
| 2020 | 822,979 | 718,434 | 104,545 | 12.5 | 40% |
| 2021 | 1,206,235 | 915,825 | 290,410 | 13.6 | 41% |
| 2022 | 1,300,040 | 1,130,044 | 169,996 | 12.9 | 34% |
| 2023 | 1,311,049 | 1,437,616 | −126,567 | 9.0 | 32% |
In its most recent public year (2023), this organization spent $126,567 more than it brought in. Its reserves stood at about 9 months of spending, down from 33.3 in 2010. Staff pay was 32% of spending.
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 2023. 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
Franklin Heritage Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works