Franklin Educational Foundation Inc is located in Franklin, WI. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin Educational Foundation 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 06/2023, Franklin Educational Foundation Inc generated $87.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $104.5k during the year ending 06/2023. While expenses have increased by 6.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Capehart President | 1 | $0 | |
Laura Martin Board Member | 1 | $0 | |
Patrick Harris Secretary | 1 | $0 | |
Vicky Cordani Executive Director | 1 | $0 | |
Robert Beckmann Board Member | 1 | $0 | |
Patricia Golden Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,157 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $48,854 |
| Other Revenue | $4,003 |
| Total Revenue | $87,014 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,927 |
| Professional fees and other payments to independent contractors | $3,676 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,218 |
| Total expenses | $104,496 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,199 |
| Other assets | $0 |
| Total assets | $74,199 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,199 |