Franklin Moving Forward Inc
- Assets
- $210.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, PA
- Founding
- 11/2012
- Data as of
- 12/2017
- EIN
- 27-0805031
Organization Overview
Franklin Moving Forward Inc is located in Franklin, PA. The organization was established in 2012. 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 Moving Forward 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 12/2017, Franklin Moving Forward Inc generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (55.0%) each year. All expenses for the organization totaled $11.3k during the year ending 12/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
FRANKLIN MOVING FORWARD WORKS TO SUPPORT, ENHANCE, AND PROMOTE THE CORE COMMERCIAL AREA OF THE CITY OF FRANKLIN, VENANGO COUNTY, PA THROUGH ACTIVITIES THAT MAY INCLUDE COMMUNITY REVITALIZATION, MARKETING OF THE AREA AND VACANT SPACES WITHIN THAT AREA, AND SUPPORT OF SPECIAL EVENTS TO INCREASE COMMERCE AND TOURISM IN THAT AREA. FRANKLIN MOVING FORWARD ALSO STRIVES TO PROMOTE JOB GROWTH, STRENGTHEN BUSINESS, AND IMPROVE THE ENVIRONMENT AND COMMUNITY DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronnie Beith Secretary | 1 | $0 | |
Doug Volmrich Chairman | 1 | $0 | |
Tracy Jamieson Director | 1 | $0 | |
Tom Allen Director | 1 | $0 | |
Rich Mihalic Director | 1 | $0 | |
Karen Counselman Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,429 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,429 |
| 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 | $400 |
| Occupancy, rent, utilities, and maintenance | $1,694 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,255 |
| Total expenses | $11,349 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $184,511 |
| Other assets | $0 |
| Total assets | $210,093 |
| Total liabilities | $180,307 |
| Net assets or fund balances | $29,786 |