everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Franklin Academy Inc

Wake Forest, NC / EIN 56-2085431 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20119,395,7408,482,411913,329-3.960%
201211,121,6799,741,6071,380,07212.460%
201311,502,43510,157,6041,344,83113.359%
201411,744,31410,770,053974,26113.657%
201512,120,40011,164,844955,55614.260%
201612,517,54611,677,952839,59414.462%
201713,053,08311,739,6531,313,43015.763%
201813,473,53812,594,279879,25915.460%
201914,462,84313,207,5081,255,33515.962%
202014,868,77613,392,4111,476,36517.062%
202115,466,17513,644,1901,821,98518.363%
202217,154,87414,578,9072,575,96719.263%
202316,397,88914,989,7871,408,10219.861%

In its most recent public year (2023), this organization brought in $1,408,102 more than it spent. Its reserves stood at about 19.8 months of spending, up from -3.9 in 2011. Staff pay was 61% 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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