Franklin-simpson Parks Board is a 501(c)(3) organization based in Franklin, Kentucky, registered in 1998, with $978,088 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$978K
▲ 5.5% vs prior year
Recreation median: $129K
Expenses (FY2024)
$763K
Net assets
$583K
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 Parks Board— 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 Parks Board: 9 mo reserves · +22% 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 Parks Board— 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 Parks Board: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $515K (FY2013) to $978K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
22.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$594K
Total liabilities
$11K
Net assets
$583K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $978,088▲5.5% | $762,967▼15.7% | $582,903▲50.9% | $593,971▲44.7% | 990 |
| 2023 | $927,241▲11.0% | $905,304▲21.3% | $386,308▲6.0% | $410,549▲12.7% | 990 |
| 2022 | $835,147▲49.0% | $746,523▲48.0% | $364,371▲14.3% | $364,371▲14.3% | 990 |
| 2021 | $560,455▲23.0% | $504,403▲12.9% | $318,769▲9.0% | $318,769▲9.0% | 990 |
| 2020 | $455,759▼10.9% | $446,820▼20.1% | $292,548▲3.2% | $292,548▲3.2% | 990 |
| 2019 | $511,590▲0.4% | $559,420▲5.3% | $283,609▼14.4% | $283,609▼14.4% | 990 |
| 2018 | $509,334▼11.6% | $531,251▼7.7% | $331,439▼8.0% | $331,439▼8.0% | 990 |
| 2017 | $576,458▼3.4% | $575,270▲1.3% | $360,444▲19.2% | $360,444▲0.3% | 990 |
| 2016 | $596,665▲20.0% | $567,865▲13.8% | $302,386▲10.5% | $359,256▼2.0% | 990 |
| 2015 | $497,022▼7.0% | $498,965▼7.6% | $273,586▼0.7% | $366,586▼9.2% | 990 |
| 2014 | $534,551▲3.9% | $539,900▼14.6% | $275,529▼1.9% | $403,529▼1.3% | 990 |
| 2013 | $514,570 | $632,328 | $280,878 | $408,878 | 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.
Explore more
Data for Franklin-simpson Parks Board (EIN 61-0861481) 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.