Franklin Residences Inc
- Assets
- $228.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shippensburg, PA
- Founding
- 08/1989
- Data as of
- 06/2024
- EIN
- 25-1592905
Organization Overview
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 06/2024, Franklin Residences Inc generated $130.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $82.7k during the year ending 06/2024. 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
MANAGEMENT AND MAINTENANCE OF PROPERTIES THAT ARE USEDTO HOUSE PSYCHOLOGICALLY DISABLED INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Weikel Director | 0.25 | $0 | |
Ida Eustis Director | 0.25 | $0 | |
Melissa Bentzen Director | 0.25 | $0 | |
Janelle Lamaster Director | 0.25 | $0 | |
Nancy Mcclure Director | 0.25 | $0 | |
Gary Eby Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,272 |
| Total Program Service Revenue | $37,450 |
| Membership dues | $0 |
| Investment income | $258 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $559 |
| Total Revenue | $130,539 |
| 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 | $7,280 |
| Occupancy, rent, utilities, and maintenance | $61,156 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,261 |
| Total expenses | $82,697 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $180,398 |
| Other assets | $0 |
| Total assets | $228,369 |
| Total liabilities | $316,061 |
| Net assets or fund balances | -$87,692 |