Overview
What is The Franklin Academy?
The Franklin Academy is a nonprofit educational institution located at 1509 E Victor Street, Bellingham, WA 98225. With a staff of 75 dedicated individuals, it offers a comprehensive learning experience for children aged 2 and above, as well as those in Kindergarten through 8th grade. The academy's mission is to provide a rigorous course of instruction, fostering leadership, achievement, and moral and spiritual development, all grounded in Christian values. Its programs aim to establish a strong foundation for learning, global citizenship, and a life of significance. The academy shares a common goal with other educational institutions, cherishing a passion for exploring complex questions, pursuing rigorous inquiry, and encouraging free expression, while also emphasizing service to others.
Official website here: www.thefranklin.academy
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Franklin Academy has achieved a strong Four-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. With an overall score of 92%, the organization excels particularly in areas like having a fully independent board and maintaining fiscal oversight. The majority of its board members are independent, which adds to the transparency and governance strength of the organization.
Among its notable strengths is a high program expense ratio of 77.54%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. The organization also has no material diversion of assets, ensuring that resources are being utilized effectively to fulfill its mission. However, it's important to note that the organization is missing a whistleblower policy and does not have its tax form available on its website, which are areas that could be improved for greater transparency.
Overall, The Franklin Academy demonstrates a commitment to financial integrity and accountability, making it a reliable choice for donors seeking to support a nonprofit that prioritizes effective governance and program delivery. Addressing the noted limitations could further enhance its trustworthiness in the eyes of stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Franklin Academy?
86% of 29 reviewers on Facebook recommend The Franklin Academy. Here is a summary of their reviews:
Many parents express gratitude for the supportive community at the academy, highlighting the positive interactions with families, teachers, and staff. The appreciation for the overall environment suggests that families feel welcomed and valued within the school community.
Overall, the sentiment towards The Franklin Academy is largely positive, with participants feeling fortunate that their children are part of such an encouraging and nurturing educational setting.
This AI summary has been generated from reviews found on Facebook.
Is The Franklin Academy legitimate?
The Franklin Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Franklin Academy 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: $260,419
Professional Fundraising Fees: $11,459
Other Salaries and Wages: $2,252,173
For more financial information, click here
Official website here: www.thefranklin.academy
What is the mission statement of The Franklin Academy?
The Franklin Academy's mission is centered around providing academically capable and motivated students with a rigorous education, emphasizing leadership, achievement, and moral and spiritual development. This mission is embodied in Christian values. The academy's programs extend from a preschool for children aged 2 and above, to an elementary/middle school for students from kindergarten to eighth grade. The academic programs aim to establish a strong foundation for learning, global citizenship, and a meaningful life. The academy aligns with other educational institutions that celebrate the pursuit of challenging questions, rigorous inquiry, free expression, and service to others.
Official website here: www.thefranklin.academy
Who is the CEO of The Franklin Academy?
Casey Brocato is the President of The Franklin Academy.
Official website here: www.thefranklin.academy
What is the revenue of The Franklin Academy?
The Franklin Academy's revenue in 2022 was $4,684,206.
Official website here: www.thefranklin.academy
Who are the executives of The Franklin Academy and what are their salaries?
The average compensation at The Franklin Academy during 2022 was $33,501. There are 75 employees and 211 volunteers at The Franklin Academy.
Here are 12 key members and their salaries:
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- Compensation: $149,847
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- Other: $6,342
Official website here: www.thefranklin.academy
Where can I find the form 990 for The Franklin Academy?
The Franklin Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefranklin.academy
Learn more at the official website: www.thefranklin.academy
Mission Statement of The Franklin Academy
The Franklin Academy, a renowned educational institution, is dedicated to providing academically capable and motivated students with a rigorous course of instruction. This mission is meticulously designed to foster leadership, achievement, and moral and spiritual development, all grounded in Christian values. By offering a preschool for children as young as two years old, as well as an elementary/middle school for students from kindergarten through eighth grade, The Franklin Academy seeks to establish a solid foundation for learning, global citizenship, and a fulfilling life. The academy aligns itself with other esteemed educational institutions that cherish the pursuit of challenging questions, rigorous inquiry, free expression, and service to others.
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Impact
July, 2024
The Franklin Academy's impact is profound, as it provides academically capable and willing students with a rigorous course of instruction that emphasizes leadership, achievement, and moral and spiritual development embodied in Christian values. The Academy's programs include a preschool for children ages 2 and up, as well as an elementary/middle school for children in grades kindergarten through 8th grade. By offering a strong foundation for learning, global citizenship, and a life of significance, The Franklin Academy stands out among schools and universities that celebrate challenging questions, rigorous inquiry, free expression, and service to others. This commitment to holistic education positively shapes the minds and hearts of its students, preparing them to make a meaningful impact in the world.
This information is meant to be a general summary of The Franklin Academy. 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: $1,801
- Program Service Revenue: $3,512,161
- Gross Receipts: $4,901,097
Assets and Liabilities:
- Total Assets: $15,628,622
- Total Liabilities: $4,361,772
- Net Assets: $11,266,850
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$3,333,554
OTHER ACADEMIC AND EXT
Revenue
$166,707
FEES
Revenue
$11,900
Organization Details
Founding Year
2001
Phone
(360) 733-1750Principal Officer
Casey Brocato
Main Address
1509 E VICTOR STREET, BELLINGHAM, WA, 98225
Website
www.thefranklin.academyNTEE Category
Code: B20 - Education
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