Overview
What is Franklin Academy Foundation Inc?
Franklin Academy Foundation Inc is a nonprofit organization located at 1225 SE 2nd Avenue in Fort Lauderdale, Florida (FL ZIP code 33316). The organization, with a total workforce of 1021 employees, provides education to students from kindergarten to twelfth grade. During the fiscal year ending on June 30, 2022, they had 8,699 students enrolled. Their mission is to cultivate lifelong learners by fostering critical thinking skills and promoting high academic achievements in students. They achieve this by utilizing varied research-based instructional strategies, technologies, and media while emphasizing character development. The organization's approach aligns with the benchmarks of a standards-based curriculum.
Official website here: www.franklin-academy.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
The Franklin Academy Foundation Inc has earned an 81% score from Charity Navigator, reflecting a strong focus on Accountability and Finance. This rating indicates that the organization operates with a high level of transparency and responsible financial stewardship, as evidenced by its perfect scores in governance areas, including an entirely independent board and robust policies for conflict of interest and whistleblowing.
The foundation demonstrates a commendable program expense ratio of 92.25%, meaning that a significant majority of its funds are directed toward its educational programs rather than administrative costs. Additionally, the organization maintains proper oversight through its Audit and Oversight Committee, indicating rigorous financial management practices.
However, while the financial management and governance aspects are strong, the report does not provide insights into the effectiveness or impact of the foundation's programs, which could be a consideration for potential donors looking to assess the overall effectiveness of their contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Franklin Academy Foundation Inc?
82% of 88 reviews for Franklin Academy Foundation Inc express a willingness to recommend the nonprofit. Here is a summary of the feedback:
Opinions about Franklin Academy Foundation Inc are mixed, with some deep concerns raised regarding issues of inclusivity and racial discrimination. One poignant review highlighted allegations of unfair treatment towards students based on race, especially in participation in cheerleading, suggesting that the environment may not be welcoming for all. This concern has prompted some reviewers to consider withdrawing their children from the program altogether.
While there are certainly critical voices, the overall sentiment indicates that many appreciate the educational environment and the opportunities provided by the foundation. However, the highlighted issues suggest a need for the organization to address concerns related to equity and inclusiveness to enhance community trust and satisfaction further.
This AI summary has been generated from reviews found on Facebook.
Is Franklin Academy Foundation Inc legitimate?
Franklin Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Academy Foundation 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: $186,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,807,777
For more financial information, click here
Official website here: www.franklin-academy.org
What is the mission statement of Franklin Academy Foundation Inc?
The Franklin Academy Foundation Inc is dedicated to fostering lifelong learners by nurturing critical thinking skills and encouraging high academic achievement in students. They achieve this by implementing a standards-based curriculum and employing various research-backed instructional methods, technologies, and media. Character development holds a significant emphasis in their educational approach. The organization caters to students from kindergarten through twelfth grade, as evidenced by the enrollment of 8,699 students during the fiscal year ending June 30, 2022.
Official website here: www.franklin-academy.org
Who is the CEO of Franklin Academy Foundation Inc?
Dr David Thomas is the Chair, Director of Franklin Academy Foundation Inc.
Official website here: www.franklin-academy.org
What is the revenue of Franklin Academy Foundation Inc?
Franklin Academy Foundation Inc's revenue in 2022 was $83,546,257.
Official website here: www.franklin-academy.org
Who are the executives of Franklin Academy Foundation Inc and what are their salaries?
The average compensation at Franklin Academy Foundation Inc during 2022 was $35,253. There are 1021 employees and 14500 volunteers at Franklin Academy Foundation Inc.
Here are 12 key members and their salaries:
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- Compensation: $178,250
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- Other: $23,569
- Compensation: $183,929
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- Other: $9,806
- Compensation: $125,752
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- Compensation: $112,290
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- Other: $4,600
- Compensation: $111,171
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- Other: $5,355
- Compensation: $113,768
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- Compensation: $109,094
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- Other: $5,863
Official website here: www.franklin-academy.org
Where can I find the form 990 for Franklin Academy Foundation Inc?
Franklin Academy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.franklin-academy.org
Learn more at the official website: www.franklin-academy.org
Mission Statement of Franklin Academy Foundation Inc
Franklin Academy Foundation Inc, a nonprofit organization, is dedicated to fostering lifelong learners by developing critical thinking skills and promoting high academic achievements in students. By adhering to the benchmarks of a standards-based curriculum, the institution employs varied research-based instructional strategies, technologies, and media. This commitment extends beyond academics, as character development is a significant emphasis.
The mission of Franklin Academy Foundation Inc is twofold. On one hand, it strives to cultivate students' intellectual capabilities, enabling them to think critically and excel academically. On the other hand, it recognizes the importance of instilling strong moral values in its learners. The organization achieves this balance by implementing a comprehensive educational approach, combining rigorous academic instruction with character-building initiatives.
Franklin Academy Foundation Inc caters to the educational needs of students from kindergarten to twelfth grade. With a student body of 8,699 during the fiscal year 2021-2022, the institution serves a substantial number of learners, allowing it to make a meaningful impact on their lives. By offering a diverse range of research-based learning strategies, technologies, and media, the school ensures that its students receive a well-rounded education, preparing them for future success.
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Impact
October, 2024
Franklin Academy Foundation Inc significantly impacts the educational landscape by fostering essential skills in students that promote long-term success. By focusing on critical thinking and high academic achievement, the foundation equips learners with the tools needed to thrive in a competitive world. In the most recent fiscal year, the foundation successfully enrolled 8,699 students, providing a comprehensive educational experience from kindergarten through 12th grade.
The foundation emphasizes a standards-based curriculum, ensuring that students meet essential academic benchmarks. Through varied research-based instructional strategies and the integration of technology and media, the learning environment is both dynamic and effective. Additionally, the commitment to character development underscores the foundation's aim to cultivate not just knowledgeable students, but also ethical and responsible individuals who contribute positively to society. This holistic approach to education positions Franklin Academy as a leader in cultivating life-long learners who are prepared to face the challenges of the future.
This information is meant to be a general summary of Franklin Academy Foundation 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.
- Investment Income: $227
- Program Service Revenue: $7,653,588
- Gross Receipts: $83,546,257
Assets and Liabilities:
- Total Assets: $201,426,432
- Total Liabilities: $198,776,779
- Net Assets: $2,649,653
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SVC: LUNCHES
Revenue
$5,865,132
PROGRAM SVC: CURRICULUM DEVELOPME
Revenue
$1,238,356
PROGRAM SVC: AFTER SCHOOL
Revenue
$550,100
Organization Details
Founding Year
2006
Phone
(954) 745-7601Principal Officer
Dr David Thomas
Main Address
1225 SE 2ND AVENUE, FORT LAUDERDALE, FL, 33316
Website
www.franklin-academy.orgNTEE Category
Code: B29 - Education
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