Franklinton Board Of Trade Inc
- Assets
- $117.1k
- Revenue
- $315.1k
- Investments
- $0.0
- Employees
- 7
- Location
- Columbus, OH
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 31-1159107
Organization Overview
Franklinton Board Of Trade Inc is located in Columbus, OH. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, Franklinton Board Of Trade Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklinton Board Of Trade Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Franklinton Board Of Trade Inc generated $315.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $282.8k during the year ending 12/2022. While expenses have increased by 12.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A NEIGHBORHOOD BASED, NOT-FOR-PROFIT, BUSINESS ORGANIZATION COMMITTED TO IDENTIFYING AND RESPONDING TO THE CHANGING NEEDS AND CONCERNS OF THE BUSINESS COMMUNITY IN FRANKLINTON. WE STRIVE TO MAKE FRANKLINTON A BETTER PLACE TO WORK, SHOP, AND LIVE THROUGH THE ENHANCEMENT OF ITS INSTITUTIONS, BUSINESS RETENTION, DEVELOPMENT, AND EXPANSION. FOSTERING JOB CREATION, PLUS PARTNERING WITH COMMUNITY ORGANIZATIONS ON PROJECTS TO FULFILL OUR RESPONSIBILITIES TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRANKLINTON SPECIAL IMPROVEMENT DISTRICT (FSID)- SERVICES PERFORMED WITH FUNDING FROM FSID IN 2022 INCLUDE PROVIDING CLEANING AND SAFETY AMBASSADOR TEAMS WHICH SUPPORT SMALL BUSINESSES WITHIN FRANKLINTON BY MAKING THE COMMUNITY CLEANER, SAFER, AND MORE CONNECTED. IN 2022 THE CLEANING AMBASSADOR TEAM COLLECTED 67,860 POUNDS OF TRASH, 53,730 POUNDS OF YARD WASTE, 31,815 POUNDS OF DIRT, PLUS 260 TIRES FOR DISPOSAL. THE SAFETY AMBASSADOR TEAM INITIATED RESPONSES AND ANSWERED CALLS FOR HELP. INITIATING AND FOSTERING COMMUNITY RELATIONS AND PROVIDING A SECURITY PRESENCE. ASSISTING SMALL BUSINESES AND THE COMMUNITY WITH TRESPASSING, THEFT PREVENTION, DISORDERLY CONDUCT, SAFETY ESCORTS AND OTHER SERVICES.
CLEANER COLUMBUS PROGRAM- USING FUNDS FROM THE CARES ACT PROVIDED BY THE CITY OF COLUMBUS UTILIZE INDEPENDENT CONTRACTORS TO CLEAN UP TRASH FROM ALLEY WAYS IN PARTICULAR IN THE FRANKLINTON AREA. IN 2022. ALLEY CLEANING AND STREETS AND SIDEWALK CLEANING COLLECTED OVER 9,600 PONDS OF TRASH AND OVER 17,000 POUNDS OF YARD WASTE.
MONTHLY LUNCHEONS/ANNUAL MEETING/BUSINESS AFTER HOURS- THESE FRANKLINTON BOARD OF TRADE FUNCTIONS PROVIDE MEMBERS AND OTHERS IN THE COMMUNITY THE OPPRTUNITY TO NETWORK AND TO HEAR PRESENTATIONS FROM BUSINESSES, NON-PROFITS, AND OTHER COMMUNITY ORGANIZATIONS IN THE FRANKLINTON AREA. THE ANNUAL MEETING IS AN OPPRTUNITY TO HEAR ABOUT THE ACCOMPLISHMENTS, MEMBERSHIP DEVELOPMENT AND FINANCIAL PERFORMANCE OF THE FRANKLINTON BOARD OF TRADE FOR THE YEAR, AND TO RECOGNIZE INDIVIDUALS AND ENTITIES FOR THEIR PARTICIPATION AND ACCOMPLISHMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trent Smith Executive Dir. | Officer | 40 | $89,485 |
Kathy Gatterdam Trustee | Trustee | 0.5 | $0 |
Lynn Keefer Treasurer | OfficerTrustee | 0.75 | $0 |
Mark Gabel Trustee | Trustee | 0.5 | $0 |
Jason Koma Trustee | Trustee | 0.5 | $0 |
Jeff Mohrman Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $57,161 |
| Fundraising events | $2,666 |
| Related organizations | $0 |
| Government grants | $12,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,448 |
| Noncash contributions included in lines 1a–1f | $20,302 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,275 |
| Total Program Service Revenue | $170,074 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,597 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $315,077 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,485 |
| Compensation of current officers, directors, key employees. | $17,897 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,020 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,931 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,547 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,293 |
| Office expenses | $1,164 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,765 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,954 |
| All other expenses | $20,735 |
| Total functional expenses | $282,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,987 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | -$1 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,128 |
| Total assets | $117,114 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,326 |
| Total liabilities | $2,326 |
| Net assets without donor restrictions | $69,312 |
| Net assets with donor restrictions | $45,476 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $117,114 |