CSCharityScored
40

Franklin Academy Inc

Education · Wake Forest, North Carolina

604 S Franklin St, Wake Forest, NC 27587-2276

EIN: 562085431· Founded: Mar 1999· 27 years active· Filing Year: 2023

Annual Revenue

$16.4M

Total Expenses

$15.0M

Total Assets

$25.0M

Program Spending

2%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$9.2M

Total Payroll

$9.2M

61% of total expenses

Where the Money Goes

2%
Programs: 2%
Payroll: 61%
Other overhead: 98%
Program Revenue$311K (2%)
Total Expenses$15.0M (91%)
Payroll$9.2M (61%)
Overhead (non-program)98%

Trust Score Breakdown

Program Spending Ratio

2% of expenses go to programs

40%

Revenue & Stability

$16.4M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$25.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.