Civic Intelligence

Franklin Children'S School Inc

990 • Fiscal year 2017 • EIN 04-2596527

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 25, 2017

Organization ProfileWWW.FCSKIDS.COM
900 Chestnut StreetFranklin, MA 02038

(508) 528-9378

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.44x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.75x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

57th percentile

6.2%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

63rd percentile

$46,050

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

42nd percentile

0.5%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

-1.5%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$720,523

Up $3,831 (+0.5%) from 2016

Net Assets

Up

$405,634

Up $29,432 (+7.8%) from 2016

Liabilities

Down

$314,889

Down $25,601 (-7.5%) from 2016

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin57th percentile

Revenue

Down

$422,075

Down $6,331 (-1.5%) from 2016

Expenses

Up

$395,907

Up $27,398 (+7.4%) from 2016

Net Income

Down

$26,168

Down $33,729 (-56%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $617,935Liabilities 2011: $342,413Net Assets 2011: $275,5222011Assets 2012: $609,798Liabilities 2012: $321,647Net Assets 2012: $288,1512012Assets 2013: $605,137Liabilities 2013: $316,698Net Assets 2013: $288,4392013Assets 2014: $638,943Liabilities 2014: $345,925Net Assets 2014: $293,0182014Assets 2015: $648,788Liabilities 2015: $331,492Net Assets 2015: $317,2962015Assets 2016: $716,692Liabilities 2016: $340,490Net Assets 2016: $376,2022016Assets 2017: $720,523Liabilities 2017: $314,889Net Assets 2017: $405,6342017Assets 2018: $686,458Liabilities 2018: $265,450Net Assets 2018: $421,0082018Assets 2019: $720,986Liabilities 2019: $274,387Net Assets 2019: $446,5992019Assets 2020: $675,505Liabilities 2020: $272,311Net Assets 2020: $403,1942020Assets 2021: $648,669Liabilities 2021: $223,670Net Assets 2021: $424,9992021Assets 2022: $670,202Liabilities 2022: $216,698Net Assets 2022: $453,5042022Assets 2023: $588,161Liabilities 2023: $116,285Net Assets 2023: $471,8762023Assets 2024: $589,439Liabilities 2024: $127,773Net Assets 2024: $461,6662024Assets 2025: $602,304Liabilities 2025: $123,874Net Assets 2025: $478,4302025

Highlighted filing

2017

Assets$720,523
Liabilities$314,889
Net Assets$405,634
Open 2017 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $373,1812011Expenses 2012: $372,5382012Revenue 2013: $345,520Expenses 2013: $345,232Net Income 2013: $2882013Revenue 2014: $369,749Expenses 2014: $368,909Net Income 2014: $8402014Revenue 2015: $396,352Expenses 2015: $371,706Net Income 2015: $24,6462015Revenue 2016: $428,406Expenses 2016: $368,509Net Income 2016: $59,8972016Revenue 2017: $422,075Expenses 2017: $395,907Net Income 2017: $26,1682017Revenue 2018: $418,909Expenses 2018: $403,209Net Income 2018: $15,7002018Revenue 2019: $393,786Expenses 2019: $368,193Net Income 2019: $25,5932019Revenue 2020: $368,970Expenses 2020: $412,375Net Income 2020: -$43,4052020Revenue 2021: $328,672Expenses 2021: $306,867Net Income 2021: $21,8052021Revenue 2022: $443,330Expenses 2022: $414,825Net Income 2022: $28,5052022Revenue 2023: $450,080Expenses 2023: $431,708Net Income 2023: $18,3722023Revenue 2024: $436,670Expenses 2024: $446,880Net Income 2024: -$10,2102024Revenue 2025: $454,248Expenses 2025: $439,154Net Income 2025: $15,0942025

Highlighted filing

2017

Revenue$422,075
Expenses$395,907
Net Income$26,168
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 25, 2017
Return Version
2016v3.0
Gross Receipts
$431,593
Mission and Program Overview

Mission

To educate and develop children through a direct,hands-on exploration of their entire environment to instill the children with self esteem, initiative, and independence.

To meet the preschool educational needs of franklin area families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$439,729$417,543▼ $22,186
Cash and Non-Interest-Bearing Accounts$156,383$178,669▲ $22,286
Savings and Temporary Cash Investments$95,471$95,567▲ $96
Investments in Publicly Traded Securities$25,109$28,744▲ $3,635
Total Assets$716,692$720,523▲ $3,831
Liabilities
Mortgage Notes Payable Secured by Investment Property$241,872$220,007▼ $21,865
Deferred Revenue$95,018$90,822▼ $4,196
Accounts Payable and Accrued Expenses$3,600$4,000▲ $400
Other Liabilities-$60-
Total Liabilities$340,490$314,889▼ $25,601
Net Assets / Fund Balance
Unrestricted Net Assets$373,348$403,048▲ $29,700
Temporarily Rstr Net Assets$2,854$2,586▼ $268
Total Net Assets Fund Balance$376,202$405,634▲ $29,432
Total Liabilities and Net Assets / Fund Balance$716,692$720,523▲ $3,831

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$177,193$129,954$307,147
Leasehold Improvements$112,718$76,836$189,554
Equipment$50,845$64,682$115,527
Land$76,787-$76,787
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kim BarrettExecutive DiFT$46,050$46,050

Board Members and Trustees

NameTitle
Veronica GonzalezPresident
Ashley PapadopoulosDirector
Jamie Van BurenDirector
Jessica HillDirector
Lisa FreiwaldDirector
Lori DirienzoDirector
Matt SandlerDirector
Melissa AppletonDirector
Melissa DevitoDirector
Sharon SprattDirector
Siobhan LewisDirector
Tiffany BuckleyDirector
Christina TocciSecretary
Amanda FinnTreasurer
Kristi FernandesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$325
Program Service Revenue
$409,278
Investment Income
$840
Other Revenue
$11,632
All Other Contributions
$325
Change in Net Assets
$26,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$302,794
Other Expenses$91,133
Grants and Similar Amounts Paid$1,980
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$187,654$47,006-$234,660
Current Officers, Directors, Trustees, and Key Employees-$46,050-$46,050
Depreciation Depletion$24,461--$24,461
Payroll Taxes$14,763$7,321-$22,084
Occupancy$17,378$2,093-$19,471
Interest$9,178$187-$9,365
Insurance$8,040$164-$8,204
Office Expenses$1,801$4,264-$6,065
Fees for Services Accounting-$4,325-$4,325
Grants to Domestic Orgs$1,980--$1,980
Other Expenses$1,792$944-$1,792
Fees for Services Other$1,600--$1,600
All Other Expenses$1,371--$1,371
Total Functional Expenses$283,553$112,354$0$395,907
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$21,150
Fundraising Direct Expenses$9,518
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Event$10,060$10,060$374$9,686
Total Events$10,060$10,060$3,789$6,271
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$60
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The organization's members are made up of the governing board and parents or legal guardians of the participants in the franklin children's school program.”

Form 990, Page 6, Part VI, Line 7A

“The members of the governing board are nominated and elected by the parents, volunteers, and staff members.”

Form 990, Page 6, Part VI, Line 8B

“The governing body does not have committees with authority to act on behalf of the governing board.”

Form 990, Page 6, Part VI, Line 11B

“The details of form 990 are left up to the treasurer, as stated in the organization's bylaws.”

Form 990, Page 6, Part VI, Line 12C

“Any board member who receives a written inquiry, complaint, or suggestion shall present it before the board at the next board meeting. After an inquiry, complaint or suggestion has been heard by the board and if it is found to be of merit, any action taken shall be by approval by the vote of the board. If the matter is found to be without merit, or if the board votes to table or dismiss the issue, the petitioner shall be notified of the outcome, in writing, by the president.”

Form 990, Page 6, Part VI, Line 19

“All documents are available at general meetings and when requested by an individual or organization.”

Filing and Contact Details

Filer

Filer Name
FRANKLIN CHILDREN'S SCHOOL INC
EIN
04-2596527
Phone
5085289378
Address
900 CHESTNUT STREET, FRANKLIN, MA 02038

Signing Officer

Name
Veronica Gonzalez
Title
President
Phone
5085289378
Signed
2017-10-25

Organization Details

Principal Officer
Veronica Gonzalez
Formed
1976
Legal Domicile
Ma
Voting Board Members
16
Independent Board Members
15
Employees
16
Volunteers
100

Preparer

Firm
David a Doucette CPA Pllc
Address
137 SCHOOL ST, FRANKLIN, MA 02038-2015
Preparer
Denise M Smith CPA
Phone
5083393078
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Book vs tax depreciation difference 290”

Form 990, Page 12, Part XII, Line 2C

“The board of directors is responsible for oversight of the review of the financial statements and selection of an independent accountant.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization follows accounting for uncertainties standard which requires the organization report certain uncertain tax positions, related interest and penalties, and to adjust assets and liabilities related to unrecognized tax benefits and accrued interest and penalties accordingly. As of june 30, 2017, the organization determined that there are no material unrecognized tax benefits to report.”

Raw XML AppendixShowing 400 of 466 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03600
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04000
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO MEET THE PRESCHOOL EDUCATIONAL NEEDS OF FRANKLIN AREA FAMILIES.
IRS990/AllOtherContributionsAmt0325
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01371
IRS990/AllOtherExpensesGrp/TotalAmt01371
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0AMANDA FINN
IRS990/BooksInCareOfDetail/PhoneNum05085289378
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt089 JEFFERSON ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0FRANKLIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002038
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0156383
IRS990/CashNonInterestBearingGrp/EOYAmt0178669
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt046050
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt046050
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0325
IRS990/CYGrantsAndSimilarPaidAmt01980
IRS990/CYInvestmentIncomeAmt0840
IRS990/CYOtherExpensesAmt091133
IRS990/CYOtherRevenueAmt011632
IRS990/CYProgramServiceRevenueAmt0409278
IRS990/CYRevenuesLessExpensesAmt026168
IRS990/CYSalariesCompEmpBnftPaidAmt0302794
IRS990/CYTotalExpensesAmt0395907
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0422075
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt095018
IRS990/DeferredRevenueGrp/EOYAmt090822
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt024461
IRS990/DepreciationDepletionGrp/TotalAmt024461
IRS990/Desc0TO TEACH AND DEVELOP APPROXIMATELY 200 PRESCHOOL CHILDREN IN SCIENCE, SOCIAL STUDIES, MATH, ART, DRAMATIC PLAY, MUSIC LITERATURE, AND FINE AND GROSS MOTOR SKILLS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt016
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0283553
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04325
IRS990/FeesForServicesAccountingGrp/TotalAmt04325
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01600
IRS990/FeesForServicesOtherGrp/TotalAmt01600
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt145.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt155.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0KIM BARRETT
IRS990/Form990PartVIISectionAGrp/PersonNm1VERONICA GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2KRISTI FERNANDES
IRS990/Form990PartVIISectionAGrp/PersonNm3AMANDA FINN
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTINA TOCCI
IRS990/Form990PartVIISectionAGrp/PersonNm5MELISSA APPLETON
IRS990/Form990PartVIISectionAGrp/PersonNm6TIFFANY BUCKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7MELISSA DEVITO
IRS990/Form990PartVIISectionAGrp/PersonNm8LORI DIRIENZO
IRS990/Form990PartVIISectionAGrp/PersonNm9LISA FREIWALD
IRS990/Form990PartVIISectionAGrp/PersonNm10JESSICA HILL
IRS990/Form990PartVIISectionAGrp/PersonNm11SIOBHAN LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm12ASHLEY PAPADOPOULOS
IRS990/Form990PartVIISectionAGrp/PersonNm13MATT SANDLER
IRS990/Form990PartVIISectionAGrp/PersonNm14SHARON SPRATT
IRS990/Form990PartVIISectionAGrp/PersonNm15JAMIE VAN BUREN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt046050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt09518
IRS990/FundraisingGrossIncomeAmt021150
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt01980
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01980
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01980
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0431593
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0164
IRS990/InsuranceGrp/ProgramServicesAmt08040
IRS990/InsuranceGrp/TotalAmt08204
IRS990/InterestGrp/ManagementAndGeneralAmt0187
IRS990/InterestGrp/ProgramServicesAmt09178
IRS990/InterestGrp/TotalAmt09365
IRS990/InvestmentIncomeGrp/ExclusionAmt0840
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0840
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt025109
IRS990/InvestmentsPubTradedSecGrp/EOYAmt028744
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0271472
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0439729
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0417543
IRS990/LandBldgEquipCostOrOtherBssAmt0689015
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO EDUCATE AND DEVELOP CHILDREN THROUGH A DIRECT, HANDS-ON EXPLORATION OF THEIR ENTIRE ENVIRONMENT TO INSTILL THE CHILDREN WITH SELF ESTEEM, INITIATIVE, AND INDEPENDENCE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0241872
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0220007
IRS990/NetAssetsOrFundBalancesBOYAmt0376202
IRS990/NetAssetsOrFundBalancesEOYAmt0405634
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt06271
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt011632
IRS990/NetUnrlzdGainsLossesInvstAmt02974
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02093
IRS990/OccupancyGrp/ProgramServicesAmt017378
IRS990/OccupancyGrp/TotalAmt019471
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04264
IRS990/OfficeExpensesGrp/ProgramServicesAmt01801
IRS990/OfficeExpensesGrp/TotalAmt06065
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0290
IRS990/OtherExpensesGrp/Desc0EDUCATION AND SUPPLIES
IRS990/OtherExpensesGrp/Desc1PAYROLL PROCESSING
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3FOOD
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0944
IRS990/OtherExpensesGrp/ProgramServicesAmt09838
IRS990/OtherExpensesGrp/ProgramServicesAmt11904
IRS990/OtherExpensesGrp/ProgramServicesAmt21793
IRS990/OtherExpensesGrp/ProgramServicesAmt31792
IRS990/OtherExpensesGrp/TotalAmt09838
IRS990/OtherExpensesGrp/TotalAmt12848
IRS990/OtherExpensesGrp/TotalAmt21793
IRS990/OtherExpensesGrp/TotalAmt31792
IRS990/OtherLiabilitiesGrp/EOYAmt060
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047006
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0187654
IRS990/OtherSalariesAndWagesGrp/TotalAmt0234660
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07321
IRS990/PayrollTaxesGrp/ProgramServicesAmt014763
IRS990/PayrollTaxesGrp/TotalAmt022084
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0VERONICA GONZALEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0409278
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0409278
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PYInvestmentIncomeAmt01403
IRS990/PYOtherExpensesAmt085024
IRS990/PYOtherRevenueAmt012474
IRS990/PYProgramServiceRevenueAmt0414529
IRS990/PYRevenuesLessExpensesAmt059897
IRS990/PYSalariesCompEmpBnftPaidAmt0282485
IRS990/PYTotalExpensesAmt0368509
IRS990/PYTotalRevenueAmt0428406
IRS990/ReconcilationRevenueExpnssAmt026168
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0409278
IRS990/SavingsAndTempCashInvstGrp/BOYAmt095471
IRS990/SavingsAndTempCashInvstGrp/EOYAmt095567
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0177193
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0129954
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0307147
IRS990ScheduleD/EquipmentGrp/BookValueAmt050845
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064682
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0115527
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt076787
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt076787
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0112718
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt076836
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0189554
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt060
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS ACCOUNTING FOR UNCERTAINTIES STANDARD WHICH REQUIRES THE ORGANIZATION REPORT CERTAIN UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF JUNE 30, 2017, THE ORGANIZATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0417543
IRS990ScheduleD/TotalLiabilityAmt060
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S POLICY IS STATED IN THE APPLICANT'S REGISTRATION MATERIAL AND EACH PARENT'S HANDBOOK.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03789
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02415
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02415
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt010060
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt010060
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010060
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010060
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06271
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0374
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0374
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0500
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MEMBERS ARE MADE UP OF THE GOVERNING BOARD AND PARENTS OR LEGAL GUARDIANS OF THE PARTICIPANTS IN THE FRANKLIN CHILDREN'S SCHOOL PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE GOVERNING BOARD ARE NOMINATED AND ELECTED BY THE PARENTS, VOLUNTEERS, AND STAFF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DETAILS OF FORM 990 ARE LEFT UP TO THE TREASURER, AS STATED IN THE ORGANIZATION'S BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY BOARD MEMBER WHO RECEIVES A WRITTEN INQUIRY, COMPLAINT, OR SUGGESTION SHALL PRESENT IT BEFORE THE BOARD AT THE NEXT BOARD MEETING. AFTER AN INQUIRY, COMPLAINT OR SUGGESTION HAS BEEN HEARD BY THE BOARD AND IF IT IS FOUND TO BE OF MERIT, ANY ACTION TAKEN SHALL BE BY APPROVAL BY THE VOTE OF THE BOARD. IF THE MATTER IS FOUND TO BE WITHOUT MERIT, OR IF THE BOARD VOTES TO TABLE OR DISMISS THE ISSUE, THE PETITIONER SHALL BE NOTIFIED OF THE OUTCOME, IN WRITING, BY THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTS ARE AVAILABLE AT GENERAL MEETINGS AND WHEN REQUESTED BY AN INDIVIDUAL OR ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK VS TAX DEPRECIATION DIFFERENCE 290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE REVIEW OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 12, PART XII, LINE 2C
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02854
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02586
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0716692
IRS990/TotalAssetsEOYAmt0720523
IRS990/TotalAssetsGrp/BOYAmt0716692
IRS990/TotalAssetsGrp/EOYAmt0720523

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$720,523
Liabilities
$314,889
Net assets
$405,634
Revenue
$422,075
Expenses
$395,907
Net income
$26,168
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.02$1.24$4.78$4.54$4.39$0.15
2024Detailed filing. Detailed filing data is available for this year.$5.89$1.28$4.62$4.37$4.47$0.10
2023Detailed filing. Detailed filing data is available for this year.$5.88$1.16$4.72$4.50$4.32$0.18
2022Detailed filing. Detailed filing data is available for this year.$6.70$2.17$4.54$4.43$4.15$0.29
2021Detailed filing. Detailed filing data is available for this year.$6.49$2.24$4.25$3.29$3.07$0.22
2020Detailed filing. Detailed filing data is available for this year.$6.76$2.72$4.03$3.69$4.12$0.43
2019Detailed filing. Detailed filing data is available for this year.$7.21$2.74$4.47$3.94$3.68$0.26
2018Detailed filing. Detailed filing data is available for this year.$6.86$2.65$4.21$4.19$4.03$0.16
2017Detailed filing. Detailed filing data is available for this year.$7.21$3.15$4.06$4.22$3.96$0.26
2016Detailed filing. Detailed filing data is available for this year.$7.17$3.40$3.76$4.28$3.69$0.60
2015Detailed filing. Detailed filing data is available for this year.$6.49$3.31$3.17$3.96$3.72$0.25
2014Detailed filing. Detailed filing data is available for this year.$6.39$3.46$2.93$3.70$3.69$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.05$3.17$2.88$3.46$3.45$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.10$3.22$2.88$3.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.18$3.42$2.76$3.73