Overview
What is Franklin Kids?
Franklin Kids is a nonprofit organization that prioritizes financing essential administrative expenses and supplies for after-school programs. Their primary mission is to offer these after-school programs at no cost, including tutoring services. By doing so, Franklin Kids aims to provide a supportive and educational environment for children during non-school hours, ensuring they can continue learning and growing in a safe and nurturing setting.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
Franklin Kids has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 50%, the organization lacks independent board members and has not established various critical policies, such as conflict of interest and whistleblower policies. The missing documentation, including board meeting minutes and website transparency, raises questions about governance and oversight.
Despite these governance issues, Franklin Kids does demonstrate a strong commitment to its programs, reflected in its program expense ratio of 100%. This suggests that all of its expenses are directed towards its mission-related activities. Additionally, the organization has no reported material diversion of assets, which is a positive indicator of financial integrity.
However, the absence of essential policies and lack of independent oversight could pose risks to the organization's long-term effectiveness and transparency. Potential donors and stakeholders may want to consider these factors carefully before engaging with Franklin Kids.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin Kids legitimate?
Franklin Kids is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Kids 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: $32,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,865
For more financial information, click here
What is the mission statement of Franklin Kids?
Franklin Kids, as an organization, is committed to funding and managing after school programs. Their primary mission involves covering administrative expenses and supplying necessary resources for these programs. Furthermore, they offer after school programs at no cost to the participants, providing them with valuable tutoring services.
Who is the CEO of Franklin Kids?
Sandra Picazo is the President of Franklin Kids.
What is the revenue of Franklin Kids?
Franklin Kids's revenue in 2022 was $206,487.
Who are the executives of Franklin Kids and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $32,700
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Franklin Kids?
Franklin Kids's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Franklin Kids
Franklin Kids, a nonprofit organization, is dedicated to providing after school programs. Their mission is twofold: firstly, they cover the administrative expenses and supply needs for these programs. Secondly, they offer these after school programs free of charge. This commitment to education and support extends to providing free tutoring services, further aiding the growth and development of children in their care.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Franklin Kids significantly impacts youth development in Los Angeles by providing free after-school programs that support children’s academic and personal growth. By covering administrative expenses and supplying necessary materials, Franklin Kids ensures that children have access to enriching activities and resources that might otherwise be unattainable. This initiative not only helps to foster a safe and supportive environment for kids after school but also plays a crucial role in improving their educational outcomes and promoting social engagement. Through its commitment to free tuition, Franklin Kids makes valuable educational opportunities accessible to all families in the community, thereby enhancing the overall well-being of youth in the area.
This information is meant to be a general summary of Franklin Kids. 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.
- Gross Receipts: $206,487
Assets and Liabilities:
- Total Assets: $55,016
- Total Liabilities: $0
- Net Assets: $55,016
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(323) 395-8932Principal Officer
Sandra Picazo
Main Address
2512 ST GEORGE, LOS ANGELES, CA, 90027
NTEE Category
Code: O50 - Youth development
If you are a representative of Franklin Kids and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.