Franklin Academy Inc.
Franklin Academy Inc.
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About this organization
Revenue
$13,473,538
Expenses
$12,594,279
Mission
To provide a quality education to kindergarten through 12th grade as a North Carolina public charter school
About
Operated charter school in Wake Forest North Carolina - provide instruction services and facility for educational purposes as provided by North Carolina charter schools. And to provide nutritional food to students.
Interesting data from their 2019 990 filing
The non-profit's aim, as indicated in the filing, is “The corporation's primary exempt purpose is to engage in the charitable and educational purposes of providing quality public education as a charter school created pursuant to the general statutes of north carolina establishing charter schools.”.
When referring to its functions, they were specified as: “To provide a quality education to kindergarten through 12th grade as a north carolina public charter school”.
- The non-profit has reported their operating state as NC, as required by law.
- As stated in the filing, the non-profit's address in 2019 was 604 FRANKLIN STREET, WAKE FOREST, NC, 27587.
- The non-profit's form reports a total of 235 employees as of 2019.
- Does not operate a hospital.
- Operates a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $879,259.
- The CEO's salary policy within the organization is established through a review process by an impartial entity.
- The organization has 5 independent voting members.
- The organization was formed in 1997.
- The organization has a written policy that addresses conflicts of interest.
- The organization pays $9,074,655 in salary, compensation, and benefits to its employees.
- The organization pays $207,358 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.