Franklin Education Foundation
- Assets
- $165.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, MA
- Founding
- 02/1998
- Data as of
- 05/2024
- EIN
- 04-3402063
Organization Overview
Franklin Education Foundation is located in Franklin, MA. The organization was established in 1998. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin Education Foundation 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 05/2024, Franklin Education Foundation generated $9.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $6.6k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 9 years. 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
2024
Describe the Organization's Program Activity:
Part 3
AWARDS OF GRANTS TO FRANKLIN PUBLIC SCHOOL TEACHERS FOR AN INNOVATIVE CURRICULUM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberta Trahan President | 5 | $0 | |
Harsha Gurumurthy Treasurer | 5 | $0 | |
Pandora Carlucci Director | 5 | $0 | |
Dave Mcneill Director | 5 | $0 | |
Lisa Brady Director | 5 | $0 | |
Phil Sweeney Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,289 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,539 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $230 |
| Other expenses | $54 |
| Total expenses | $6,584 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,095 |
| Other assets | $0 |
| Total assets | $165,095 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,095 |