Franklin School Of Innovation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,643,558 | 5,832,818 | −189,260 | 4.0 | 57% |
| 2021 | 7,496,563 | 6,586,366 | 910,197 | 5.2 | 55% |
| 2022 | 8,812,791 | 6,787,555 | 2,025,236 | 8.6 | 63% |
| 2023 | 10,204,391 | 9,274,415 | 929,976 | 6.5 | 48% |
In its most recent public year (2023), this organization brought in $929,976 more than it spent. Its reserves stood at about 6.5 months of spending, up from 4 in 2020. Staff pay was 48% 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
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