Franklin Academy Foundation Inc
93% goes to programs $0 to raise $100 Growing revenue
Franklin Academy Foundation Inc is a 501(c)(3) organization based in Sw Ranches, Florida, registered in 2014, with $117,695,471 in FY2023 revenue. CharityIndex grades it B, and it directs about 93% of spending to programs.
5000 Sw 207th Ter, Sw Ranches, FL, 33332 EIN 27-2123983 Since 2014
Revenue (FY2023)
$117.7M
▲ 29.8% vs prior year
Education median: $200K
Expenses (FY2023)
$99.7M
Net assets
$17.9M
Employees
1,067
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating93% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Franklin Academy Foundation Inc: 93% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Franklin Academy Foundation Inc: 2 mo reserves · +15% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Franklin Academy Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Franklin Academy Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To create life-long learners by developing critical thinking skills and promoting high levels of academic achievement in students, while meeting the benchmarks of a standards-based curriculum utilizing varied research-based instructional strategies, technologies, and media, with an emphasis on character development.
Contact & location
- Address
- 5000 Sw 207th Ter, Sw Ranches, FL, 33332
- City
- Sw Ranches
- State
- Florida
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $64.7M (FY2017) to $117.7M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $196.5MNet assets $17.9M
Operating margin
15.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$214.4M
Total liabilities
$196.5M
Net assets
$17.9M
Salaries & benefits
$46.8M
47% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $117,695,471▲29.8% | $99,700,246▲6.8% | $17,938,323▲31625% | $214,408,039▲6.7% | 990 |
| 2022 | $90,679,469▲8.5% | $93,386,024▲14.8% | -$56,902▼102% | $200,927,319▼0.2% | 990 |
| 2021 | $83,546,257▲12.2% | $81,322,019▲15.9% | $2,649,653▲523% | $201,426,432▲34.1% | 990 |
| 2020 | $74,444,434▲9.5% | $70,146,719▼0.7% | $425,415▲103% | $150,181,265▲172% | 990 |
| 2018 | $67,970,100▲5.0% | $70,675,351▲3.3% | -$15,005,806▼22.0% | $55,289,185▼0.5% | 990 |
| 2017 | $64,720,785 | $68,394,447 | -$12,300,555 | $55,558,445 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Daniel Sandberg — $199,992 (0.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Daniel Sandberg | Superintendent of Schools | 40 | $199,992 |
| Scott E Sznitken | Executive Director | 40 | $190,850 |
| Elena Diaz | School Principal | 40 | $142,255 |
| Sergio Delgado | School Principal | 40 | $128,461 |
| Diane Showalter | School Principal | 40 | $125,635 |
| Alexndra E Fox | School Principal | 40 | $120,514 |
| Alexandra Kruse | Director | 1 | — |
| Catherine Arcabascio | Director | 1 | — |
| Deborah Orshefsky | Director | 1 | — |
| Dr David Thomas | Chair, Director | 1 | — |
| Dr Jacqueline Greenberg | Director | 1 | — |
Top vendors & contractors (FY2020)
| Contractor | Services | Paid |
|---|---|---|
| Discovery Schools Inc | Educational Support Provider | $4,033,332 |
| Aetna Inc | Insurance Services | $2,205,552 |
| Uhs Premium Billing | Insurance Services | $2,134,281 |
| Ap Properties 2019 LLC | Leasing Services | $1,986,018 |
| Alliance | Insurance Services | $1,842,033 |
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Compare Franklin Academy Foundation Inc
Frequently asked questions
- Is Franklin Academy Foundation Inc a legitimate nonprofit?
- Yes. Franklin Academy Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-2123983, based in Sw Ranches, Florida. Donations are tax-deductible.
- What is Franklin Academy Foundation Inc's EIN?
- Franklin Academy Foundation Inc's Employer Identification Number (EIN) is 27-2123983.
- How much revenue does Franklin Academy Foundation Inc report?
- Franklin Academy Foundation Inc reported $117,695,471 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Franklin Academy Foundation Inc's spending goes to programs?
- Franklin Academy Foundation Inc spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Franklin Academy Foundation Inc have?
- CharityIndex grades Franklin Academy Foundation Inc B, based on program efficiency and fundraising cost.
- How much does Franklin Academy Foundation Inc's highest-paid employee make?
- The highest reported compensation on Franklin Academy Foundation Inc's latest Form 990 is $199,992, paid to Daniel Sandberg (Superintendent of Schools).
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Data for Franklin Academy Foundation Inc (EIN 27-2123983) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.