Franklin Alumni Association & Foundation is a 501(c)(3) organization based in Seattle, Washington, registered in 1998, with $156,952 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$157K
▲ 34.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$111K
Net assets
$774K
Employees
—
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. Not scored for Franklin Alumni Association & Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Alumni Association & Foundation: 84 mo reserves · +29% margin earns a B+ on this criterion. See the exact thresholds →
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. Not scored for Franklin Alumni Association & Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Alumni Association & Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $52K (FY2013) to $157K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
29.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$774K
Total liabilities
$0
Net assets
$774K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $156,952▲34.7% | $111,096▼18.5% | $773,729▲20.3% | $773,729▲20.3% | 990 |
| 2023 | $116,548▼11.1% | $136,264▲39.2% | $643,380▲6.1% | $643,380▲6.1% | 990 |
| 2022 | $131,101 | $97,902▲26.9% | $606,295▲1.6% | $606,295▲1.6% | 990 |
| 2021 | $0▼100% | $77,127▲10.8% | $596,614▲16.4% | $596,614▲16.4% | 990 |
| 2020 | $46,352▲16.2% | $69,636▲1005% | $512,576▼2.3% | $512,576▼2.3% | 990 |
| 2019 | $39,885▲19.5% | $6,304▼91.4% | $524,502▲8.0% | $524,502▲8.0% | 990 |
| 2018 | $33,385▼50.3% | $73,464▼5.5% | $485,685▼7.6% | $485,685▼7.6% | 990EZ |
| 2017 | $67,139▼27.6% | $77,773▲1.3% | $525,764▲1.8% | $525,764▲1.8% | 990 |
| 2016 | $92,751▲33.6% | $76,739▲15.7% | $516,685▲6.0% | $516,685▲6.0% | 990 |
| 2015 | $69,437▼9.4% | $66,345▼29.7% | $487,248▼1.7% | $487,248▼1.7% | 990EZ |
| 2014 | $76,634▲46.5% | $94,393▼23.5% | $495,528▲0.2% | $495,528▼0.2% | 990EZ |
| 2013 | $52,325 | $123,411 | $494,638 | $496,638 | 990EZ |
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.
5 grants to Franklin Alumni Association & Foundation totaling $27K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Seattle Foundation | Coach moody scholarships | 2024 | $10,000 |
| The Seattle Foundation | Edwin m. lee community leadership scholarship. | 2024 | $2,000 |
| The Seattle Foundation | To provide general support | 2024 | $1,500 |
| The Seattle Foundation | To support the coach moody scholarship | 2022 | $10,000 |
| The Seattle Foundation | To provide support for edwin m. lee community leadership award scholarships | 2022 | $3,000 |
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Data for Franklin Alumni Association & Foundation (EIN 91-1746251) 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.