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Franklin Towne Charter High School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 233038855 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Franklin Towne Charter High School?

Franklin Towne Charter High School is an independent charter school located in Philadelphia, Pennsylvania, with a focus on providing quality education to high school students. With a team of 141 dedicated employees, this institution prioritizes unique support services to help students achieve their academic goals. The school's main objective is to offer a comprehensive and enriching learning experience, ensuring each student reaches their full potential.


Official website here: www.franklintowne.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)

Franklin Towne Charter High School has earned a Three-Star rating from Charity Navigator, scoring 86% overall, which is primarily derived from its Accountability & Finance metrics. This score reflects the organization's strong commitment to transparency and ethical practices, showcasing a fully independent board and effective oversight mechanisms.

The school demonstrates solid financial accountability, with an impressive program expense ratio of 91.36%, indicating that a significant portion of its funds is directed towards its educational programs. Additionally, the absence of material diversion of assets and the presence of comprehensive policies on conflict of interest and whistleblower protections further enhance its credibility.

However, the organization's liabilities to assets ratio of 63.73% suggests some financial vulnerability, which may warrant attention. Overall, Franklin Towne Charter High School exhibits commendable financial responsibility and governance, though it may need to address its financial stability in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Franklin Towne Charter High School legitimate?

Franklin Towne Charter High School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Towne Charter High School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,833,343

For more financial information, click here


Official website here: www.franklintowne.org

What is the mission statement of Franklin Towne Charter High School?

Franklin Towne Charter High School is dedicated to delivering quality high school education to students. Their primary goal is to provide education with unique support services that facilitate this objective. The school's mission reflects a commitment to the academic growth and development of each student. Through tailored instruction and personalized support, they aim to empower students to reach their full potential. The education offered at Franklin Towne Charter High School is designed to foster intellectual curiosity and prepare students for their future endeavors. Overall, their mission is focused on ensuring that every student receives a solid educational foundation.


Official website here: www.franklintowne.org

Who is the CEO of Franklin Towne Charter High School?

Joseph Venditti is the Ceo of Franklin Towne Charter High School. The CEO's salary of Franklin Towne Charter High School is $271,188 and their total compensation is $271,188.


Official website here: www.franklintowne.org

What is the revenue of Franklin Towne Charter High School?

Franklin Towne Charter High School's revenue in 2022 was $24,090,071.


Official website here: www.franklintowne.org

Who are the executives of Franklin Towne Charter High School and what are their salaries?

The average compensation at Franklin Towne Charter High School during 2022 was $62,648. There are 141 employees at Franklin Towne Charter High School.


Here are 7 key members and their salaries (Franklin Towne Charter High School's CEO's salary is $271,188 and their total compensation is $271,188):


Joseph Venditti (Ceo)
  • Compensation: $271,188
  • Related: $0
  • Other: $0
Patrick Field (Chief Acad. Officer)
  • Compensation: $192,471
  • Related: $0
  • Other: $0
Brian Mccrane (It Director)
  • Compensation: $180,896
  • Related: $0
  • Other: $0
Eugenia Koo (Assistant Principal)
  • Compensation: $123,595
  • Related: $0
  • Other: $0
Cynthia A Marelia (Presidnet)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Krajewski (Vice Presidnet)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph A Garbarino (Sec./Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.franklintowne.org

Where can I find the form 990 for Franklin Towne Charter High School?

Franklin Towne Charter High School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.franklintowne.org

Learn more at the official website: www.franklintowne.org

Mission Statement of Franklin Towne Charter High School

Franklin Towne Charter High School, an independent charter institution, is dedicated to delivering quality high school education to students. With a mission centered around providing education, this esteemed institution goes above and beyond to facilitate this objective through unique support services.

At the heart of Franklin Towne Charter High School lies the commitment to educate high school students in a nurturing environment. By offering a fundamental education, the school ensures that each student receives the necessary tools to thrive academically and personally. The school's focus on individualized support services further enhances the learning experience, allowing students to fully engage in their academic journey.

Franklin Towne Charter High School's instructors and staff are devoted to fostering a learning community where every student feels valued and supported. By providing a comprehensive educational experience, the school empowers students to reach their full potential and prepare for their future endeavors. With their mission firmly rooted in the importance of education, Franklin Towne Charter High School strives to make a positive impact on the lives of its students every day.

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Impact




October, 2024

Franklin Towne Charter High School significantly impacts the Philadelphia community by providing quality high school education tailored to meet the needs of its students. As an independent charter school, it offers a unique educational experience that focuses on both academic achievement and personal growth. The school integrates support services that enhance learning, enabling students to thrive not only academically but also socially and emotionally.

By creating an environment that fosters educational excellence and inclusivity, Franklin Towne Charter High School equips students with the skills and knowledge necessary for success in higher education and beyond. Its commitment to individualized support helps bridge gaps in traditional education, ensuring that every student has the opportunity to excel. This holistic approach enhances the overall educational landscape of Philadelphia, creating a positive ripple effect within the community and contributing to its socio-economic development.




This information is meant to be a general summary of Franklin Towne Charter High School. 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.

Revenue
$24,090,071 (2022)
Expenses
$19,122,579 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $434
  • Program Service Revenue: $18,574,122
  • Gross Receipts: $24,090,071

Assets and Liabilities:

  • Total Assets: $47,616,708
  • Total Liabilities: $35,201,436
  • Net Assets: $12,415,272

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$18,574,122

Organization Details

Founding Year

2000

Principal Officer

Joseph Venditti

Main Address

5301 TACONY STREET BOX 310, PHILADELPHIA, PA, 19137

NTEE Category

Code: B20 - Education

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