Franklin Academy Foundation Inc
5000 SW 207th Ter, Sw Ranches, FL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $114,777,944 | $105,567,972 | $27,148,295 |
| FY2024 | $117,695,471 | $99,700,246 | $17,938,323 |
| FY2023 | $90,679,469 | $93,386,024 | -$56,902 |
| FY2022 | $83,546,257 | $81,322,019 | $2,649,653 |
| FY2021 | $74,444,434 | $70,146,719 | $425,415 |
| FY2020 | $15,142,486 | $74,159,212 | -$3,818,928 |
| FY2019 | $67,970,100 | $70,675,351 | -$15,005,806 |
| FY2018 | $64,720,785 | $68,394,447 | -$12,300,555 |
| FY2017 | $59,271,580 | $64,645,484 | -$8,626,893 |
| FY2016 | $47,549,130 | $51,194,747 | -$10,912,932 |
| FY2015 | $36,229,811 | $38,996,259 | -$7,267,315 |
| FY2014 | $27,051,793 | $26,267,564 | -$1,541,072 |
| FY2013 | $8,944,159 | $10,300,937 | -$2,325,299 |
| FY2012 | $8,288,010 | $8,482,813 | -$604,015 |
Form 990 filings
The returns filed by Franklin Academy Foundation Inc (EIN 27-2123983), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $105,893,449 | 92% |
| Program service revenue | $7,875,204 | 7% |
| Other revenue | $1,009,291 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $97,473,569 | 92% |
| Management & general | $8,094,403 | 8% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 92% of total revenue in FY2025.
- Program services accounted for 92% of functional expenses, management & general 8%, and fundraising 0%.
- 92% of functional expenses went to program services in FY2025. That is higher than 68.2% of 220 Education organizations in FL.
- Net assets covered about 3.1 months of expenses at the end of the reporting year. That puts it in the 27th percentile among 2798 Education organizations in FL.
- Total revenue was higher than 98.9% of 2873 Education organizations in FL.
- Total revenue rose from $8,288,010 in FY2012 to $114,777,944 in FY2025. Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 9 of 14 reported years (FY2012, FY2013, FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2023).
- The highest revenue on record here is $117,695,471 in FY2024.
- Net assets grew from -$604,015 to $27,148,295 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
- The IRS automatically revoked this organization's tax-exempt status on November 15, 2012; it was reinstated on November 15, 2012.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO CREATE LIFE-LONG LEARNERS BY DEVELOPING CRITICAL THINKING SKILLS AND PROMOTING HIGH LEVELS OFACADEMIC ACHIEVEMENT IN STUDENTS, WHILE MEETING THE BENCHMARKS OF A STANDARDSBASED CURRICULUM UTILIZING VARIED RESEARCH-BASED INSTRUCTIONAL STRATEGIES, TECHNOLOGIES, AND MEDIA, WITH AN EMPHASIS ON
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B29 — Education (in FL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
| Automatic revocation | November 15, 2012 — reinstated November 15, 2012 |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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