Franklin Road Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,268,692 | 15,016,766 | −748,074 | 20.7 | 47% |
| 2012 | 15,609,255 | 17,273,868 | −1,664,613 | 16.8 | 41% |
| 2013 | 16,104,201 | 21,477,822 | −5,373,621 | 10.6 | 34% |
| 2014 | 15,357,222 | 16,203,635 | −846,413 | 13.8 | 43% |
| 2015 | 16,021,365 | 16,518,448 | −497,083 | 13.0 | 43% |
| 2016 | 16,269,447 | 17,071,846 | −802,399 | 11.9 | 44% |
| 2017 | 18,971,483 | 17,296,143 | 1,675,340 | 13.0 | 45% |
| 2018 | 22,739,253 | 18,399,923 | 4,339,330 | 15.3 | 45% |
| 2019 | 24,758,576 | 19,881,591 | 4,876,985 | 17.0 | 45% |
| 2020 | 27,136,280 | 23,257,541 | 3,878,739 | 16.5 | 42% |
| 2021 | 31,046,189 | 24,085,769 | 6,960,420 | 20.1 | 42% |
| 2022 | 31,732,934 | 26,957,071 | 4,775,863 | 19.9 | 42% |
| 2023 | 41,015,885 | 29,130,575 | 11,885,310 | 23.6 | 43% |
In its most recent public year (2023), this organization brought in $11,885,310 more than it spent. Its reserves stood at about 23.6 months of spending, up from 20.7 in 2011. Staff pay was 43% of spending. $14,361,242 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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