Franklin Residences Inc is located in Shippensburg, PA. The organization was established in 1989. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, 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 Residences 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 06/2022, Franklin Residences Inc generated $124.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $82.4k during the year ending 06/2022. 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
MANAGEMENT AND MAINTENANCE OF PROPERTIES THAT ARE USEDTO HOUSE PSYCHOLOGICALLY DISABLED INDIVIDUALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Gaither Director | 0.25 | $0 | |
Shelby Yinger Director | 0.25 | $0 | |
Nancy Wagaman President | 0.25 | $0 | |
Ida Eustis Director | 0.25 | $0 | |
Dawnell Foore Director | 0.25 | $0 | |
Lauren James Vice President | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $86,792 |
Total Program Service Revenue | $36,543 |
Membership dues | $0 |
Investment income | $67 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $677 |
Total Revenue | $124,079 |
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 | $6,845 |
Occupancy, rent, utilities, and maintenance | $59,686 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,851 |
Total expenses | $82,382 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $142,533 |
Other assets | $0 |
Total assets | $186,739 |
Total liabilities | $373,145 |
Net assets or fund balances | -$186,406 |
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