Franklin Classical School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,320,602 | 1,272,037 | 48,565 | -1.6 | 49% |
| 2012 | 1,381,800 | 1,519,202 | −137,402 | -2.4 | 48% |
| 2013 | 1,422,556 | 1,413,546 | 9,010 | -2.5 | 49% |
| 2014 | 1,471,838 | 1,419,189 | 52,649 | -2.1 | 52% |
| 2015 | 1,323,276 | 1,298,267 | 25,009 | -2.0 | 44% |
| 2016 | 1,283,336 | 1,447,885 | −164,549 | -3.1 | 45% |
| 2017 | 1,534,509 | 1,620,686 | −86,177 | -3.4 | 47% |
| 2018 | 1,754,414 | 1,807,224 | −52,810 | -3.4 | 47% |
| 2019 | 1,944,932 | 1,880,803 | 64,129 | -2.9 | 43% |
| 2020 | 2,268,919 | 1,760,616 | 508,303 | -0.2 | 49% |
| 2021 | 2,428,334 | 2,188,120 | 240,214 | 1.1 | 43% |
| 2022 | 3,546,318 | 2,589,091 | 957,227 | 5.2 | 45% |
| 2023 | 3,131,015 | 2,713,588 | 417,427 | 6.5 | 43% |
In its most recent public year (2023), this organization brought in $417,427 more than it spent. Its reserves stood at about 6.5 months of spending, up from -1.6 in 2011. Staff pay was 43% of spending. $1,154,154 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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