Civic Intelligence

Franklin Mineral Museum Inc.

990 • Fiscal year 2016 • EIN 22-6068366

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 07, 2017

PO Box 54Franklin, NJ 07416

(973) 827-3481

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

23rd percentile

0.02x

Higher debt load relative to revenue than 23% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Net Margin

25th percentile

-8.9%

Higher net margin than 25% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

41st percentile

$34,000

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Asset Growth

43rd percentile

-0.4%

Faster asset growth than 43% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

26th percentile

-15%

Faster revenue growth than 26% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,197,298

Down $5,030 (-0.4%) from 2015

Net Assets

Down

$1,192,932

Down $5,226 (-0.4%) from 2015

Liabilities

Up

$4,366

Up $196 (+4.7%) from 2015

Revenue

Down

$232,679

Down $39,489 (-15%) from 2015

Expenses

Down

$253,457

Down $31,577 (-11%) from 2015

Net Income

Down

-$20,778

Down $7,912 (-61%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,247,049Liabilities 2010: $5,267Net Assets 2010: $1,241,7822010Assets 2011: $1,260,636Liabilities 2011: $9,692Net Assets 2011: $1,250,9442011Assets 2012: $1,260,568Liabilities 2012: $4,010Net Assets 2012: $1,256,5582012Assets 2013: $1,287,709Liabilities 2013: $13,073Net Assets 2013: $1,274,6362013Assets 2014: $1,259,217Liabilities 2014: $4,276Net Assets 2014: $1,254,9412014Assets 2015: $1,202,328Liabilities 2015: $4,170Net Assets 2015: $1,198,1582015Assets 2016: $1,197,298Liabilities 2016: $4,366Net Assets 2016: $1,192,9322016Assets 2017: $1,262,593Liabilities 2017: $4,430Net Assets 2017: $1,258,1632017Assets 2018: $1,262,913Liabilities 2018: $4,171Net Assets 2018: $1,258,7422018Assets 2019: $1,444,163Liabilities 2019: $11,884Net Assets 2019: $1,432,2792019Assets 2020: $1,522,387Liabilities 2020: $64,587Net Assets 2020: $1,457,8002020Assets 2021: $1,638,956Liabilities 2021: $63,663Net Assets 2021: $1,575,2932021Assets 2022: $1,598,726Liabilities 2022: $38,439Net Assets 2022: $1,560,2872022Assets 2023: $1,705,945Liabilities 2023: $98,829Net Assets 2023: $1,607,1162023Assets 2024: $1,801,379Liabilities 2024: $54,547Net Assets 2024: $1,746,8322024

Highlighted filing

2016

Assets$1,197,298
Liabilities$4,366
Net Assets$1,192,932

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $228,6362010Expenses 2011: $234,6182011Expenses 2012: $245,0752012Revenue 2013: $315,991Expenses 2013: $280,165Net Income 2013: $35,8262013Revenue 2014: $298,998Expenses 2014: $297,715Net Income 2014: $1,2832014Revenue 2015: $272,168Expenses 2015: $285,034Net Income 2015: -$12,8662015Revenue 2016: $232,679Expenses 2016: $253,457Net Income 2016: -$20,7782016Revenue 2017: $284,983Expenses 2017: $246,387Net Income 2017: $38,5962017Revenue 2018: $248,705Expenses 2018: $255,867Net Income 2018: -$7,1622018Revenue 2019: $416,532Expenses 2019: $281,658Net Income 2019: $134,8742019Revenue 2020: $54,316Expenses 2020: $77,903Net Income 2020: -$23,5872020Revenue 2021: $200,308Expenses 2021: $125,176Net Income 2021: $75,1322021Revenue 2022: $314,109Expenses 2022: $258,208Net Income 2022: $55,9012022Revenue 2023: $275,099Expenses 2023: $279,532Net Income 2023: -$4,4332023Revenue 2024: $375,515Expenses 2024: $277,168Net Income 2024: $98,3472024

Highlighted filing

2016

Revenue$232,679
Expenses$253,457
Net Income-$20,778
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$354,752
Mission and Program Overview

Mission

To provide education and scientific knowledge with emphasis on the history of Franklin-Sterling Mine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$412,087$380,919▼ $31,168
Land, Buildings, and Equipment, Net$149,517$142,589▼ $6,928
Savings and Temporary Cash Investments$60,536$82,956▲ $22,420
Inventories for Sale or Use$85,056$42,224▼ $42,832
Cash and Non-Interest-Bearing Accounts$1,588$966▼ $622
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,202,328$1,197,298▼ $5,030
Other Assets Total$493,544$547,644▲ $54,100
Liabilities
Accounts Payable and Accrued Expenses$4,170$4,366▲ $196
Total Liabilities$4,170$4,366▲ $196
Net Assets / Fund Balance
Unrestricted Net Assets$727,320$722,094▼ $5,226
Permanently Rstr Net Assets$470,838$470,838→ $0
Total Net Assets Fund Balance$1,198,158$1,192,932▼ $5,226
Total Liabilities and Net Assets / Fund Balance$1,202,328$1,197,298▼ $5,030

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$145,547$553,899$699,446
Equipment$1,458$1,330$2,788
Other Land Buildings$-1,164$1,164-
Leasehold Improvements$-3,252$3,252-
Other Assets Org$44,500--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$470,838---$470,838
2015$470,838---$470,838
2014$470,838---$470,838
2013$470,838---$470,838
2012$470,838---$470,838
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Doreen LongoTrusteePT$34,000$34,000

Board Members and Trustees

NameTitle
Mark BoyerPresident
Richard BostwickVice President
Elna HauckSecretary
A Lee LowellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$13,706
Program Service Revenue
$128,731
Investment Income
$16,586
Other Revenue
$73,656
All Other Contributions
$11,799
Change in Net Assets
$-20,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$151,102
Other Expenses$102,355
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$98,376--$98,376
Current Officers, Directors, Trustees, and Key Employees-$34,000-$34,000
All Other Expenses$11,696$13,575-$25,271
Payroll Taxes$13,108$5,618-$18,726
Insurance-$12,279-$12,279
Depreciation Depletion-$9,716-$9,716
Other Expenses$6,136--$6,136
Office Expenses-$3,165-$3,165
Advertising$2,794--$2,794
Total Functional Expenses$175,104$78,353$0$253,457
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Treasurer reviews Form 990 prior to being filed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Annually approved by the board

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available upon request.

Filing and Contact Details

Filer

Filer Name
Franklin Mineral Museum
EIN
22-6068366
Phone
9738273481
Address
PO Box 54, Franklin, NJ 07416

Signing Officer

Name
A Lee Lowell
Title
Treasurer
Signed
2017-11-07
Discuss with paid preparer
Yes

Organization Details

Formed
1960
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
12
Volunteers
10

Preparer

Firm
Caristia Kulsar & Wade LLC
Address
336 Sparta Ave, Sparta, NJ 07871
Preparer
James J Caristia CPA
Phone
9737298968
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0128731
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060536
IRS990/SavingsAndTempCashInvstGrp/EOYAmt082956
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011012
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08102
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt09716
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02703
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt045439
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt025292
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt022878
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt021894
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt022199
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018533
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0110796
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0276292
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0328818
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0337010
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0332476
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0305766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01580362
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt025292
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt022878
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt021894
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt022199
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018533
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0110796
IRS990ScheduleA/InvestmentIncomeCYPct00.06380
IRS990ScheduleA/InvestmentIncomePYPct00.05950
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93620
IRS990ScheduleA/PublicSupportPY509Pct00.94050
IRS990ScheduleA/PublicSupportTotal509Amt01625801
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0290198
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0339830
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0345112
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0342192
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0308469
IRS990ScheduleA/Total509Grp/TotalAmt01625801
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0315490
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0362708
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0367006
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0364391
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0327002
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01736597
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0145547
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0553899
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0699446
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0470838
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0470838
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0470838
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0470838
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0470838
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0470838
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0470838
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0470838
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0470838
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0470838
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01458
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01330
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02788
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0-3252
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03252
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0503144
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt144500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MiNERAL COLLECTION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Misc Receivable
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-1164
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01164
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0142589
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0547644
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Treasurer reviews Form 990 prior to being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annually approved by the board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01202328
IRS990/TotalAssetsEOYAmt01197298
IRS990/TotalAssetsGrp/BOYAmt01202328
IRS990/TotalAssetsGrp/EOYAmt01197298
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt013706
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078353
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0175104
IRS990/TotalFunctionalExpensesGrp/TotalAmt0253457
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04170
IRS990/TotalLiabilitiesEOYAmt04366
IRS990/TotalLiabilitiesGrp/BOYAmt04170
IRS990/TotalLiabilitiesGrp/EOYAmt04366
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01198158
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01192932
IRS990/TotalProgramServiceExpensesAmt0175104

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.80$0.05$1.75$0.38$0.28$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.71$0.10$1.61$0.28$0.28$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.60$0.04$1.56$0.31$0.26$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.64$0.06$1.58$0.20$0.13$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.52$0.06$1.46$0.05$0.08$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.44$0.01$1.43$0.42$0.28$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.25$0.26$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.28$0.25$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.19$0.23$0.25$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.27$0.29$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.25$0.30$0.30$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.29$0.01$1.27$0.32$0.28$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.00$1.26$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.01$1.25$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.01$1.24$0.23