Overview
What is Benjamin Franklin Academy Inc?
Benjamin Franklin Academy Inc, located in Atlanta, Georgia, is a nonprofit institution dedicated to providing a secondary education. With a focus on "catch-up," the academy aims to help students regain their academic footing, enabling them to transition smoothly back into mainstream college or vocational training. Currently, the academy serves 121 full-time students. The organization's mission is centered around teaching a basic college preparatory high school curriculum, working diligently to support these students in their academic journey.
Official website here: www.benfranklinacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Benjamin Franklin Academy Inc has achieved a commendable Four-Star rating from Charity Navigator, signifying high accountability and financial health. The organization scores exceptionally well in various aspects, particularly in having an entirely independent board and a strong financial oversight structure, showcasing its commitment to transparency and ethical governance.
The organization excels with a program expense ratio of 85.65%, which indicates that a significant majority of its funding is directed toward its programs rather than administrative costs. This focus on programmatic spending highlights its effectiveness in fulfilling its mission and serving its community.
No major limitations or concerns were noted in the feedback, which further reinforces the organization’s solid reputation. Overall, Benjamin Franklin Academy Inc stands out as a well-managed nonprofit with a strong commitment to accountability and programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is Benjamin Franklin Academy Inc legitimate?
Benjamin Franklin Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benjamin 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: $130,300
Professional Fundraising Fees: $148,225
Other Salaries and Wages: $2,150,608
For more financial information, click here
Official website here: www.benfranklinacademy.org
What is the mission statement of Benjamin Franklin Academy Inc?
Benjamin Franklin Academy Inc is dedicated to providing a basic college preparatory high school curriculum. The academy's mission is to help students who may have fallen behind, enabling them to get back on track and re-integrate into mainstream college or vocational training programs. With a focus on catch-up, the academy currently serves 121 full-time students.
Official website here: www.benfranklinacademy.org
What is the revenue of Benjamin Franklin Academy Inc?
Benjamin Franklin Academy Inc's revenue in 2024 was $4,109,007.
Official website here: www.benfranklinacademy.org
Who are the executives of Benjamin Franklin Academy Inc and what are their salaries?
The average compensation at Benjamin Franklin Academy Inc during 2024 was $60,024. There are 38 employees at Benjamin Franklin Academy Inc.
Here are 6 key members and their salaries:
- Compensation: $130,300
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Official website here: www.benfranklinacademy.org
Where can I find the form 990 for Benjamin Franklin Academy Inc?
Benjamin Franklin Academy Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.benfranklinacademy.org
Learn more at the official website: www.benfranklinacademy.org
Mission Statement of Benjamin Franklin Academy Inc
Benjamin Franklin Academy Inc, as a nonprofit organization, is committed to providing a basic college preparatory high school curriculum. Their mission is to help students who may have fallen behind in their academic journey, offering them a chance to catch up and rejoin the mainstream of higher education or vocational training. The academy currently has 121 full-time students who benefit from this educational approach.
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Impact
July, 2024
Benjamin Franklin Academy Inc's impact lies in providing an essential service to students in Atlanta, Georgia by offering a basic college preparatory high school curriculum. The Academy's focus on "catch-up" education helps students get back on track, enabling them to reintegrate into mainstream college or vocational training programs. With 121 full-time students currently enrolled, the Academy is actively contributing to improving educational opportunities and outcomes for young individuals in the Atlanta area. Its mission to provide a foundational high school education aligns with its tag of "Education," emphasizing the importance of equipping students with the necessary skills and knowledge to pursue higher education and future career opportunities.
This information is meant to be a general summary of Benjamin 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 2024.
- Investment Income: $371,906
- Program Service Revenue: $3,166,150
- Gross Receipts: $7,569,698
Assets and Liabilities:
- Total Assets: $16,404,666
- Total Liabilities: $44,232
- Net Assets: $16,360,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE INCOME
Revenue
$3,150,184
TUITION INCOME
Revenue
$8,966
CLINIC INCOME
Revenue
$7,000
Organization Details
Founding Year
1987
Principal Officer
Martha B Burdette
Website
www.benfranklinacademy.orgNTEE Category
Code: B25Z - Education
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