Franklin Academy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 928,351 | 878,618 | 49,733 | 3.6 | 60% |
| 2013 | 959,105 | 894,419 | 64,686 | 4.4 | 62% |
| 2014 | 1,000,588 | 937,518 | 63,070 | 5.0 | 60% |
| 2015 | 1,195,861 | 1,041,093 | 154,768 | 6.3 | 61% |
| 2016 | 1,270,322 | 1,203,277 | 67,045 | 6.3 | 57% |
| 2017 | 1,222,344 | 1,163,281 | 59,063 | 7.1 | 60% |
| 2018 | 1,119,121 | 1,201,876 | −82,755 | 6.1 | 59% |
| 2019 | 1,117,255 | 1,158,590 | −41,335 | 5.9 | 8% |
| 2020 | 1,225,770 | 1,067,522 | 158,248 | 8.1 | 9% |
| 2021 | 1,221,264 | 1,047,465 | 173,799 | 10.3 | 62% |
| 2022 | 1,185,958 | 1,173,180 | 12,778 | 9.3 | 59% |
| 2023 | 1,212,890 | 1,201,036 | 11,854 | 9.2 | 58% |
| 2024 | 1,269,513 | 1,255,302 | 14,211 | 9.0 | 62% |
In its most recent public year (2024), this organization brought in $14,211 more than it spent. Its reserves stood at about 9 months of spending, up from 3.6 in 2012. Staff pay was 62% of spending. $801,571 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 2024. 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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