Franklin Township Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 299,074 | 124,706 | 174,368 | 92.0 | 34% |
| 2020 | 147,019 | 129,605 | 17,414 | 93.4 | 34% |
| 2021 | 168,492 | 151,181 | 17,311 | 95.6 | 29% |
| 2022 | 137,075 | 149,756 | −12,681 | 82.6 | 31% |
| 2023 | 141,950 | 118,357 | 23,593 | 115.4 | 29% |
In its most recent public year (2023), this organization brought in $23,593 more than it spent. Its reserves stood at about 115.4 months of spending, up from 92 in 2019. Staff pay was 29% of spending. $968,059 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 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
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