Overview
What is The Franklin Academy Inc?
The Franklin Academy Inc, situated in East Haddam, Connecticut, is a distinguished nonprofit organization. It is an accredited college preparatory boarding school, catering to the educational needs of students in grades 8-12, as well as postgraduate students, who exhibit nonverbal learning disabilities or fall under the autism spectrum disorders, including Asperger's Syndrome. The school has a dedicated mission to create a supportive and structured environment to help these students succeed academically and socially, paving their way towards college goals, professional aspirations, and fulfilling lives. With a team of 87 employees, The Franklin Academy Inc fosters a community-focused boarding and day school setting, allowing students with unique learning styles to grow and thrive.
Official website here: www.fa-ct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Franklin Academy Inc has received a mixed review, reflected in its two-star rating from Charity Navigator, primarily due to its accountability and financial practices. While the organization scores well in areas like independent board member representation and audit oversight, it falls short in several key policies, including the absence of a whistleblower and document retention policy. Additionally, the high liabilities to assets ratio raises concerns about its financial stability.
User feedback from Great Nonprofits reveals significant dissatisfaction, with one reviewer expressing a negative experience regarding the educational quality and organizational structure. The review criticizes the teaching effectiveness and raises concerns about the leadership's compensation in relation to their contribution to the school, suggesting a lack of adequate support for students.
Overall, while The Franklin Academy demonstrates some strengths in governance, the feedback highlights serious concerns about its educational effectiveness and financial management, warranting careful consideration for potential supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Franklin Academy Inc legitimate?
The Franklin Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Franklin Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $189,263
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,123,912
For more financial information, click here
Official website here: www.fa-ct.org
What is the mission statement of The Franklin Academy Inc?
The Franklin Academy Inc, an accredited college preparatory school, serves bright students in grades 8-12 and post-graduation. The institution fosters a community-focused boarding and day school environment, catering to students with unique learning styles. Its mission is to help these students develop and enhance academic and social competencies essential for achieving college goals, professional aspirations, and leading fulfilling lives. By providing a nurturing and supportive environment, The Franklin Academy Inc aims to prepare its students for their future endeavors.
Official website here: www.fa-ct.org
Who is the CEO of The Franklin Academy Inc?
Belinda Brennan is the Chair of The Franklin Academy Inc.
Official website here: www.fa-ct.org
What is the revenue of The Franklin Academy Inc?
The Franklin Academy Inc's revenue in 2022 was $7,524,694.
Official website here: www.fa-ct.org
Who are the executives of The Franklin Academy Inc and what are their salaries?
The average compensation at The Franklin Academy Inc during 2022 was $38,082. There are 87 employees at The Franklin Academy Inc.
Here are 15 key members and their salaries:
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- Compensation: $107,635
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- Compensation: $107,100
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- Other: $3,163
- Compensation: $115,786
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- Other: $3,997
- Compensation: $108,500
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- Other: $8,614
Official website here: www.fa-ct.org
Where can I find the form 990 for The Franklin Academy Inc?
The Franklin Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fa-ct.org
Learn more at the official website: www.fa-ct.org
Mission Statement of The Franklin Academy Inc
The Franklin Academy, an accredited college preparatory boarding school, serves bright students in grades 8-12 and post-graduation. This esteemed institution fosters a community-focused environment, catering to students with unique learning styles. Its mission is to empower these students by developing and strengthening the academic and social competencies essential for achieving college goals, professional aspirations, and leading fulfilling lives. By creating a harmonious blend of boarding and day school, Franklin Academy provides an environment that nurtures the holistic growth of its students, preparing them for their future endeavors.
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Impact
October, 2024
The Franklin Academy Inc significantly impacts the educational landscape by providing a tailored learning environment for students in grades 8-12 who have nonverbal learning disabilities or are on the autism spectrum. By focusing on these unique learners, the academy creates a supportive community where academic and social competencies are nurtured, empowering students to achieve their college goals and professional aspirations.
The school’s commitment to accommodating diverse learning styles fosters an inclusive atmosphere that enables students to thrive academically and socially. Within a safe and structured environment, students develop critical skills necessary for fulfilling and successful lives. The focus on individualized education ensures that each student's needs are met, allowing them to harness their strengths and overcome challenges.
Franklin Academy also emphasizes the importance of community, cultivating relationships among peers and teachers that enhance the overall educational experience. By serving this specific demographic, The Franklin Academy Inc not only improves individual outcomes but also promotes broader awareness of the capabilities and potential of students with learning differences. This impactful approach contributes to a more inclusive society where every student's unique journey is recognized and valued.
This information is meant to be a general summary of The Franklin Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $7,181,449
- Gross Receipts: $7,524,694
Assets and Liabilities:
- Total Assets: $8,906,853
- Total Liabilities: $11,333,100
- Net Assets: -$2,426,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$7,179,020
MISC. SCHOOL INCOME
Revenue
$2,429
Organization Details
Founding Year
2001
Phone
(860) 873-2700Principal Officer
Belinda Brennan
Main Address
140 RIVER RD, EAST HADDAM, CT, 06423
Website
www.fa-ct.orgNTEE Category
Code: B20 - Education
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