Franklin-simpson Educational Coalition Inc is a 501(c)(3) organization based in Franklin, Kentucky, registered in 2015, with $159,704 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$160K
▲ 45.8% vs prior year
Education median: $200K
Expenses (FY2023)
$142K
Net assets
$326K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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-simpson Educational Coalition Inc— 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-simpson Educational Coalition Inc: 28 mo reserves · +11% margin earns a A 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-simpson Educational Coalition Inc— 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-simpson Educational Coalition Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $15K (FY2017) to $160K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
11.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$326K
Total liabilities
$0
Net assets
$326K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $159,704▲45.8% | $142,009▼11.1% | $325,835▲5.7% | $325,835▲5.7% | 990 |
| 2022 | $109,509▼43.8% | $159,713▲64.2% | $308,140▼14.0% | $308,140▼14.0% | 990 |
| 2021 | $194,775▲21.2% | $97,260▲68.2% | $358,344▲37.4% | $358,344▲37.4% | 990 |
| 2020 | $160,665▲19.9% | $57,833▼54.1% | $260,830▲65.1% | $260,830▲65.1% | 990 |
| 2019 | $133,997▼14.4% | $125,978▲7.8% | $157,998▲5.3% | $157,998▲5.3% | 990 |
| 2018 | $156,545▲971% | $116,886▲249% | $149,979▲35.9% | $149,979▲35.9% | 990 |
| 2017 | $14,623 | $33,528 | $110,320 | $110,320 | 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.
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Data for Franklin-simpson Educational Coalition Inc (EIN 20-2540047) 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.