Interesting data from their 2019 990 filing

The mission of the non-profit, as stated in the filing, is “Franklin academy, inc. is a school providing courses in manicuring, cosmetology, aesthtics and instructor training. the academy provides clinic services to the general public performed by supervised students”.

When referring to its tasks, they were described as: “Franklin academy inc is a school providing educational training in manicuring cosmetology aesthetics and instructor training”.

• The non-profit is operating legally in the state of TN.
• The non-profit's address for the year 2019 is listed as 9 Wild Rose Drive, Ladue, MO, 63124 in the filing.
• The form submitted by the non-profit organization for 2019 reports 10 employees.
• 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 between $500,000 and $1,000,000+.
• Revenue is between $500,000 and $1,000,000+.
• Revenue less expenses is $14,072.
• The CEO compensation package within the organization is established through a review and approval process by an independent body.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 3 independent voting members.
• The organization was formed in 1996.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule O.
• The organization pays $218,130 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization has a business related organization transaction.
• The organization's financial statements were reviewed by an accountant.