Civic Intelligence

Franklin Residences Inc.

990EZ • Fiscal year 2015 • EIN 25-1592905

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 14, 2016

138 E King StShippensburg, PA 17257

(717) 477-2153

Siviq Scores

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

Liabilities / Assets

97th percentile

2.43x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

4.40x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$212,084

No earlier filing loaded for comparison.

Net Assets

-$303,570

No earlier filing loaded for comparison.

Liabilities

$515,654

No earlier filing loaded for comparison.

Revenue

$117,289

No earlier filing loaded for comparison.

Expenses

$132,295

No earlier filing loaded for comparison.

Net Income

-$15,006

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2015: $212,084Liabilities 2015: $515,654Net Assets 2015: -$303,5702015Assets 2016: $194,638Liabilities 2016: $500,825Net Assets 2016: -$306,1872016Assets 2017: $170,564Liabilities 2017: $477,877Net Assets 2017: -$307,3132017Assets 2018: $157,284Liabilities 2018: $460,634Net Assets 2018: -$303,3502018Assets 2019: $158,407Liabilities 2019: $442,581Net Assets 2019: -$284,1742019Assets 2020: $171,975Liabilities 2020: $426,505Net Assets 2020: -$254,5302020Assets 2021: $167,566Liabilities 2021: $395,669Net Assets 2021: -$228,1032021Assets 2022: $186,739Liabilities 2022: $373,145Net Assets 2022: -$186,4062022Assets 2023: $210,570Liabilities 2023: $346,104Net Assets 2023: -$135,5342023Assets 2024: $228,369Liabilities 2024: $316,061Net Assets 2024: -$87,6922024Assets 2025: $244,874Liabilities 2025: $291,945Net Assets 2025: -$47,0712025

Highlighted filing

2015

Assets$212,084
Liabilities$515,654
Net Assets-$303,570

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $117,289Expenses 2015: $132,295Net Income 2015: -$15,0062015Revenue 2016: $112,257Expenses 2016: $114,874Net Income 2016: -$2,6172016Revenue 2017: $111,595Expenses 2017: $112,721Net Income 2017: -$1,1262017Revenue 2018: $113,648Expenses 2018: $109,685Net Income 2018: $3,9632018Revenue 2019: $111,485Expenses 2019: $92,309Net Income 2019: $19,1762019Revenue 2020: $114,256Expenses 2020: $84,612Net Income 2020: $29,6442020Revenue 2021: $107,739Expenses 2021: $81,312Net Income 2021: $26,4272021Revenue 2022: $124,079Expenses 2022: $82,382Net Income 2022: $41,6972022Revenue 2023: $128,801Expenses 2023: $77,929Net Income 2023: $50,8722023Revenue 2024: $130,539Expenses 2024: $82,697Net Income 2024: $47,8422024Revenue 2025: $136,365Expenses 2025: $95,744Net Income 2025: $40,6212025

Highlighted filing

2015

Revenue$117,289
Expenses$132,295
Net Income-$15,006
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 14, 2016
Return Version
2014v6.0
Gross Receipts
$117,289
Mission and Program Overview

Mission

Housing for disabled individuals

Program Services

DescriptionGrantsExpenses
MANAGEMENT AND MAINTENANCE OF PROPERTIES THAT ARE USED TO HOUSE PSYCHOLOGICALLY DISABLED INDIVIDUALS-$100,833
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN KEITHDirector-$0--
RONALD FORRY JRDirector-$0--
MICHELE BRATINADirector-$0--
LAUREN JAMESVice President-$0--
ELLEN ILEDirector-$0--
KIM WEIKELPresident-$0--
NANCY WAGAMANPresident-$0--
BRENDAN BAYERVice President-$0--
TIM JOHNSTONTreasurer-$0--
HOLLIE HALLSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Franklin Residences Inc
EIN
25-1592905
Phone
7174772153
Address
138 E King St, Shippensburg, PA 17257

Signing Officer

Name
Craig Cordell
Title
Executive Director
Phone
7174772153
Signed
2016-01-14
Discuss with paid preparer
Yes

Preparer

Firm
Showalter & Miller CPA's
Address
42 E Main Street, Waynesboro, PA 17268-1634
Preparer
Ray L Miller CPA
Phone
7177628116
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

Debt forgiveness 7836. Misc. Revenue 1203.

Form 990EZ, Part I, Line 16

Management contract 12233. Bank charges 236. Misc. Expenses 1379. Office supplies 177. Bad debts 1059. Depreciation 25150.

Form 990EZ, Part II, Line 24

Accounts receivable 1329. 1032. Prepaid expenses 3298. 0.

Form 990EZ, Part II, Line 26

Accounts payable 4954. 6401. Accrued interest payable 3596. 3499. Prepaid rent 409. 1437. Tenant security deposits 2764. 2896. Long-term debt 515225. 501421.

Raw XML Appendix183 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LAUREN JAMES
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Secretary/Treasurer
IRS990EZ/OperateHospitalInd0false
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0330
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DEBT FORGIVENESS 7836. MISC. REVENUE 1203.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT CONTRACT 12233. BANK CHARGES 236. MISC. EXPENSES 1379. OFFICE SUPPLIES 177. BAD DEBTS 1059. DEPRECIATION 25150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 1329. 1032. PREPAID EXPENSES 3298. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE 4954. 6401. ACCRUED INTEREST PAYABLE 3596. 3499. PREPAID RENT 409. 1437. TENANT SECURITY DEPOSITS 2764. 2896. LONG-TERM DEBT 515225. 501421.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CRAIG CORDELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07174772153
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Franklin Residences Inc
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0251592905
ReturnHeader/Filer/PhoneNum07174772153
ReturnHeader/Filer/USAddress/AddressLine1Txt0138 E King St
ReturnHeader/Filer/USAddress/CityNm0Shippensburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd017257
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Showalter & Miller CPA's
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt042 E Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Waynesboro
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0172681634
ReturnHeader/PreparerPersonGrp/PhoneNum07177628116
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RAY L MILLER CPA
ReturnHeader/ReturnTs02016-01-15T07:23:28-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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Filings