Franklin Community Association
- Assets
- $56.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, MI
- Founding
- 08/1964
- Data as of
- 12/2019
- EIN
- 38-1616420
Organization Overview
Franklin Community Association is located in Franklin, MI. The organization was established in 1964. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin Community Association 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 12/2019, Franklin Community Association generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (38.1%) each year. All expenses for the organization totaled $27.3k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
SUMMER ROUND UP FAIR TYPE EVENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angelia Sulaka Secretary | 0 | $0 | |
Kathy Erlich Vice Preside | 0 | $0 | |
Robert Garelik CPA Treasurer | 0 | $0 | |
Jesse Polan Director | 0 | $0 | |
Al Beke President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,535 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,244 |
| Other Revenue | $0 |
| Total Revenue | $4,291 |
| 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 | $14,090 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,695 |
| Other expenses | $10,544 |
| Total expenses | $27,329 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,797 |
| Other assets | $0 |
| Total assets | $56,797 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,797 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Franklin Community Association has recieved totaling $620.
| Awarding Organization | Amount |
|---|---|
The Barton Malow Foundation Southfield, MI PURPOSE: HUMAN SERVICES | $520 |
Al-Azem Foundation Southfield, MI PURPOSE: CHARITY | $50 |
David And Edith Emerman Foundation Inc Farmington Hills, MI PURPOSE: UNRESTRICTED CHARITABLE GIFT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Institute For Fitness And Sport Inc Indianapolis, IN | $3,388,339 | $6,121,753 |
Xavier University Student Health And Wellness Center Corporation Cincinnati, OH | $53,300,467 | $0 |
George Young Recreational Complex Iron River, MI | $99,714 | $1,357,236 |
World Baseball Academy Inc Fort Wayne, IN | $7,537,804 | $1,941,151 |
New Richmond Area Centre Ltd New Richmond, WI | $2,632,645 | $1,659,233 |
Brown County Ice Management Inc De Pere, WI | $551,946 | $1,678,354 |
Michigan Recreation And Park Association Lansing, MI | $320,519 | $1,715,887 |
Cardinal Greenway Inc Muncie, IN | $15,294,218 | $884,519 |
Heat Athletics Inc Franklin, WI | $0 | $70,243 |
Hayward Civic Club Inc Hayward, WI | $3,229,551 | $1,328,789 |
Madison Ice Inc Madison, WI | $3,210,061 | $1,229,246 |
Evansville-Vanderburgh County Convention And Visitors Comm Sport Evansville, IN | $2,161,496 | $1,055,780 |