Overview
What is Franklin Education Foundation Inc?
Franklin Education Foundation Inc, located in Eastpoint, Florida, is a nonprofit organization dedicated to supporting local educational facilities and students. Their primary mission involves providing essential supplies, materials, grants, and other forms of assistance to enhance learning experiences. The foundation also strives to aid students in escaping the cycle of poverty by offering resources for post-secondary education. They achieve these objectives by soliciting, receiving, and managing funds, properties, and services for the benefit of pre-K through 12th-grade education in Franklin County, Florida.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Franklin Education Foundation Inc has received an 83% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived entirely from its accountability metrics, showcasing strengths such as a fully independent board and no material diversion of assets. The foundation has demonstrated a commitment to financial transparency with high scores in areas like board size and program expense ratio.
However, the organization has areas that could benefit from improvement. The lack of a whistleblower policy and a document retention policy detracts from its overall accountability score. Additionally, the absence of certain documents, such as the tax form on its website, suggests that the foundation could enhance its transparency efforts further.
Despite these limitations, the Franklin Education Foundation Inc shows a strong commitment to its programs, with a program expense ratio of 97.01%, indicating that the vast majority of its funds are directed towards its mission-related activities. Overall, while there are some gaps in policy documentation, the foundation's financial practices appear sound.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin Education Foundation Inc legitimate?
Franklin Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Franklin Education Foundation Inc?
The Franklin Education Foundation Inc's primary mission is to gather, manage, and utilize funds, resources, and services to support public education from pre-K to 12th grade. They aim to make expenditures benefiting these educational facilities and students in Franklin County. The foundation's objectives include providing necessary supplies, materials, grants, and other assistance to enhance learning environments and help students overcome poverty barriers by aiding them with post-secondary education needs.
Who is the CEO of Franklin Education Foundation Inc?
Cliff Butler is the Cfo/ Exec. D of Franklin Education Foundation Inc.
What is the revenue of Franklin Education Foundation Inc?
Franklin Education Foundation Inc's revenue in 2022 was $51,890.
Who are the executives of Franklin Education Foundation Inc and what are their salaries?
There 6 volunteers at Franklin Education Foundation Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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 Education Foundation Inc?
Franklin Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Franklin Education Foundation Inc
Franklin Education Foundation Inc is committed to securing funds, resources, and services to support the educational needs of students from pre-K through 12th grade in Franklin County, Florida. Their mission involves soliciting, receiving, raising, holding, investing, and administering funds for the betterment of public schools within this region. By making expenditures from these resources, the foundation aims to enhance the learning environment and provide necessary tools and opportunities for students.
Beyond financial support, Franklin Education Foundation Inc also works towards breaking the cycle of poverty among students. They achieve this by offering grants, materials, and other forms of assistance to local educational facilities and students. Furthermore, they strive to help students pursue post-secondary education by providing necessary support for their needs in this area. The ultimate goal of Franklin Education Foundation Inc is to contribute positively to the educational growth and success of students in Franklin County, Florida.
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
August, 2024
Franklin Education Foundation Inc's impact is significant in supporting public school Pre-K through 12th-grade education in Franklin County, FL. The organization provides supplies, materials, grants, and other support to local educational facilities and students. Additionally, it works towards assisting students in breaking out of the cycle of poverty by helping them with post-secondary education needs. Through its efforts, Franklin Education Foundation Inc is making a difference in the educational opportunities and outcomes for students in Franklin County.
This information is meant to be a general summary of Franklin Education 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.
- Gross Receipts: $51,890
Assets and Liabilities:
- Total Assets: $51,053
- Total Liabilities: $1,334
- Net Assets: $49,719
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2018
Phone
(850) 653-5848Principal Officer
Cliff Butler
Main Address
PO BOX 801, EASTPOINT, FL, 32328
NTEE Category
Code: B20 - Education
If you are a representative of Franklin Education Foundation Inc 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.