Franklin Downtown Partnership Inc
- Assets
- $45.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, MA
- Founding
- 09/2004
- Data as of
- 12/2022
- EIN
- 03-0461971
Organization Overview
Franklin Downtown Partnership Inc is located in Franklin, MA. The organization was established in 2004. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin Downtown Partnership 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, Franklin Downtown Partnership Inc generated $87.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $85.1k during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATING THE PUBLIC REGARDING THE IMPORTANCE OF, AND PROMOTING PROJECTS FOR, MAINTAINING AND IMPROVING A VIBRANT DOWNTOWN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Piana Executive Director | 24 | $0 | |
Roberta Trahan Vice President | 2 | $0 | |
Gary E Donelan Treasurer | 2 | $0 | |
Denise Pearson Secretary | 1 | $0 | |
Scott Martin President | 1 | $0 | |
Pandora Carlucci Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,123 |
| Total Program Service Revenue | $3,000 |
| Membership dues | $0 |
| Investment income | $228 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,498 |
| Other Revenue | $0 |
| Total Revenue | $87,853 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,213 |
| Professional fees and other payments to independent contractors | $5,161 |
| Occupancy, rent, utilities, and maintenance | $2,727 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,004 |
| Total expenses | $85,105 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,250 |
| Other assets | $0 |
| Total assets | $45,138 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,138 |