Civic Intelligence

Franklin Center for Government and Public Integrity

EIN 26-4066298 • 501(c)3 • Chicago, IL

Profile

The mission of franklin center is to promote social welfare and civil betterment by undertaking programs that promote journalism and the education of the public about corruption, incompetence, fraud, or taxpayer abuse by elected officials at all levels of government.

20 N Clark Street 3300Chicago, IL 60602

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.12x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.13x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

53rd percentile

5.7%

Higher net margin than 53% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$438,888

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

7th percentile

-18%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

55th percentile

9.1%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Down

$649,934

Down $251,066 (-28%) from 2023

Liabilities

Down

$726,454

Down $360,193 (-33%) from 2023

Net Assets

Up

-$76,520

Up $109,127 (+59%) from 2023

Revenue

Up

$5,756,520

Up $939,834 (+20%) from 2023

Expenses

Up

$5,426,924

Up $112,032 (+2.1%) from 2023

Net Income

Up

$329,596

Up $827,802 (+166%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $526,338Liabilities 2011: $52,374Net Assets 2011: $473,9642011Assets 2012: $631,030Liabilities 2012: $250,670Net Assets 2012: $380,3602012Assets 2013: $368,356Liabilities 2013: $547,348Net Assets 2013: -$178,9922013Assets 2014: $423,334Liabilities 2014: $399,443Net Assets 2014: $23,8912014Assets 2015: $2,356,581Liabilities 2015: $574,196Net Assets 2015: $1,782,3852015Assets 2016: $869,492Liabilities 2016: $86,107Net Assets 2016: $783,3852016Assets 2017: $544,451Liabilities 2017: $59,645Net Assets 2017: $484,8062017Assets 2018: $821,440Liabilities 2018: $141,023Net Assets 2018: $680,4172018Assets 2019: $926,305Liabilities 2019: $47,665Net Assets 2019: $878,6402019Assets 2020: $900,819Liabilities 2020: $81,329Net Assets 2020: $819,4902020Assets 2021: $872,831Liabilities 2021: $313,751Net Assets 2021: $559,0802021Assets 2022: $971,409Liabilities 2022: $435,761Net Assets 2022: $535,6482022Assets 2023: $901,000Liabilities 2023: $1,086,647Net Assets 2023: -$185,6472023Assets 2024: $649,934Liabilities 2024: $726,454Net Assets 2024: -$76,5202024

Highlighted filing

2024

Assets$649,934
Liabilities$726,454
Net Assets-$76,520

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,672,0662011Expenses 2012: $11,773,3242012Revenue 2013: $8,118,913Expenses 2013: $8,678,265Net Income 2013: -$559,3522013Revenue 2014: $10,049,984Expenses 2014: $9,847,101Net Income 2014: $202,8832014Revenue 2015: $8,816,029Expenses 2015: $7,057,535Net Income 2015: $1,758,4942015Revenue 2016: $3,190,004Expenses 2016: $4,189,004Net Income 2016: -$999,0002016Revenue 2017: $1,377,091Expenses 2017: $1,668,152Net Income 2017: -$291,0612017Revenue 2018: $1,714,140Expenses 2018: $1,651,328Net Income 2018: $62,8122018Revenue 2019: $2,298,543Expenses 2019: $2,034,659Net Income 2019: $263,8842019Revenue 2020: $2,724,044Expenses 2020: $2,716,703Net Income 2020: $7,3412020Revenue 2021: $3,339,789Expenses 2021: $3,487,208Net Income 2021: -$147,4192021Revenue 2022: $4,832,019Expenses 2022: $4,662,599Net Income 2022: $169,4202022Revenue 2023: $4,816,686Expenses 2023: $5,314,892Net Income 2023: -$498,2062023Revenue 2024: $5,756,520Expenses 2024: $5,426,924Net Income 2024: $329,5962024

Highlighted filing

2024

Revenue$5,756,520
Expenses$5,426,924
Net Income$329,596

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.65$0.73$0.08$5.76$5.43$0.33
2023Detailed filing. Detailed filing data is available for this year.$0.90$1.09$0.19$4.82$5.31$0.50
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.44$0.54$4.83$4.66$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.87$0.31$0.56$3.34$3.49$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.08$0.82$2.72$2.72$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.05$0.88$2.30$2.03$0.26
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.14$0.68$1.71$1.65$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.06$0.48$1.38$1.67$0.29
2016Detailed filing. Detailed filing data is available for this year.$0.87$0.09$0.78$3.19$4.19$1.00
2015Detailed filing. Detailed filing data is available for this year.$2.36$0.57$1.78$8.82$7.06$1.76
2014Detailed filing. Detailed filing data is available for this year.$0.42$0.40$0.02$10.0$9.85$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.55$0.18$8.12$8.68$0.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.25$0.38$11.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.05$0.47$6.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$5,756,520
Mission and Program Overview

Mission

The mission of franklin center is to promote social welfare and civil betterment by undertaking programs that promote journalism and the education of the public about corruption, incompetence, fraud, or taxpayer abuse by elected officials at all levels of government.

The mission of franklin news foundation is to promote social welfare and civil betterment by undertaking programs that promote journalism and the education of the public about corruption, incompetence, fraud or taxpayer abuse by election officials at all levels of government.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,200$272,742▲ $264,542
Other Notes and Loans Receivable, Net$128,907$246,727▲ $117,820
Investments Other Securities$311,715$61,245▼ $250,470
Pledges and Grants Receivable$406,243$57,364▼ $348,879
Prepaid Expenses and Deferred Charges$35,810$1,731▼ $34,079
Total Assets$901,000$649,934▼ $251,066
Other Assets Total$10,125$10,125→ $0
Liabilities
Unsecured Notes Loans Payable$385,000$385,000→ $0
Accounts Payable and Accrued Expenses$315,819$223,466▼ $92,353
Other Liabilities$385,828$117,988▼ $267,840
Total Liabilities$1,086,647$726,454▼ $360,193
Net Assets / Fund Balance
Net Assets With Donor Restrictions$314,847$26,400▼ $288,447
Net Assets Without Donor Restrictions$-500,494$-102,920▲ $397,574
Total Net Assets Fund Balance$-185,647$-76,520▲ $109,127
Total Liabilities and Net Assets / Fund Balance$901,000$649,934▼ $251,066

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$61,245--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher KrugCEOFT$349,650$72,000$421,650
Daniel MccalebChief Content OfficerFT$194,988$22,000$216,988
Laurel AbrahamChief Operating OfficerFT$147,943$25,000$172,943
Jerry LylesVice President of Syndication & DistributionFT$165,941-$165,941
Jerry LylesVice President of Syndication & Dist-$163,941$2,000$165,941
Cole LauterbachEmployeeFT$116,658-$116,658

Board Members and Trustees

NameTitle
John TillmanChairman
Eric SucharskiDirector
Jennifer StefanoDirector
Bradley WaltonSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bearing Tree Incorporated-300 S RIVERSIDE PLAZA SUITE 1625, Chicago, IL 60606$498,740
Iron Light Incorporated-300 S RIVERSIDE PLAZA SUITE 1625, Chicago, IL 60606$299,999
Alethea Media Group LLC-1305 W 111TH ST 204, Houston, TX 77008$114,675
Revenue and Support

Revenue Composition

Contributions and Grants
$5,640,900
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$115,620
All Other Contributions
$5,640,900
Change in Net Assets
$329,596

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,756,520
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,756,520
Total Revenue per Form 990
$5,756,520
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,643,480
Other Expenses$1,591,444
Total Fundraising Expense$423,674
Professional Fundraising Fees$192,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,837,487$47,173$197,708$3,082,368
Fees for Services Other$854,943$326,684$762$1,182,389
Other Employee Benefits$317,860$7,669$10,008$335,537
Payroll Taxes$210,886$2,072$12,617$225,575
Fees for Services Professional Fundraising--$192,000$192,000
Advertising$109,739$176-$109,915
Office Expenses$57,368$25,073$2,469$84,910
Travel$57,045$6,072$8,110$71,227
Insurance-$59,815-$59,815
Interest$6,664$21,175-$27,839
Fees for Services Accounting-$22,000-$22,000
Fees for Services Legal$7,482$14,375-$21,857
Other Expenses$11$250-$261
Total Functional Expenses$4,469,731$533,519$423,674$5,426,924

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,542,250
Expenses per Audited Statements$5,426,924
Total Expenses per Form 990$5,426,924
Expenses Not Reported on Form 990$115,326
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$192,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Bearing Tree, Inc.$116,152
Due to Advanced Digital Media$1,696
Due to Illinois Policy Institute$140
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Prior to submission to the irs, form 990 is provided to the principal officer and governing body of the organization for review.

Form 990, Part VI, Section B, Line 12C

The organization reviews the conflict of interest policy once a year with the board of directors and employees and inquires of any material changes.

Form 990, Part VI, Section B, Line 15

Compensation of ceo is determined by an examination of comparable data for other ceo's in the industry countrywide and in the chicagoland area. The information from that research is shared with the board of directors who then approve compensation for the ceo. Note that an independent consultant is not utilized in the process. For other officers and key employees the compensation process is the same with the ceo having full discretion as delegated by the board of directors.

Form 990, Part VI, Section C, Line 19

All governing documents, policies and audited financial statements will be available upon request.

Filing and Contact Details

Filer

Filer Name
Franklin News Foundation
EIN
26-4066298
Phone
3129801197
Address
20 N CLARK STREET 3300, CHICAGO, IL 60602

Signing Officer

Name
Christopher Krug
Title
President
Phone
3129801197
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Krug
Formed
2009
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Weiss & Company Llp
Address
2700 PATRIOT BOULEVARD - SUITE 400, GLENVIEW, IL 60026
Preparer
Jeremy Morgan
Phone
8474418800
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultants and service providers: program service expenses 334,716. Management and general expenses 119,748. Fundraising expenses 0. Total expenses 454,464. Fees and services: program service expenses 85,868. Management and general expenses 206,896. Fundraising expenses 762. Total expenses 293,526. Production content: program service expenses 434,359. Management and general expenses 40. Fundraising expenses 0. Total expenses 434,399.

FORM 990, PART XI, LINE 9:

Income from subsidiary - franklin media group inc. 48,249. Loss from subsidiary - advanced digital media, inc. -163,575.

FORM 990, PART XII, LINE 2C:

There has been no change in the process since the prior year.

Part IX, Line 7

Salaries and wages are paid through bearing tree, incorporated, fein 83-2543436

Financial Statement Notes

PART X, LINE 2:

The organization believes it has appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the financial statements. The federal and illinois exempt organization tax returns are subject to examination by the internal revenue service and state authorities, generally for three years after they were filed.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Net loss from subsidiary 115,326.

Raw XML AppendixShowing 400 of 638 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0315819
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0223466
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF FRANKLIN NEWS FOUNDATION IS TO PROMOTE SOCIAL WELFARE AND CIVIL BETTERMENT BY UNDERTAKING PROGRAMS THAT PROMOTE JOURNALISM AND THE EDUCATION OF THE PUBLIC ABOUT CORRUPTION, INCOMPETENCE, FRAUD OR TAXPAYER ABUSE BY ELECTION OFFICIALS AT ALL LEVELS OF GOVERNMENT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0176
IRS990/AdvertisingGrp/ProgramServicesAmt0109739
IRS990/AdvertisingGrp/TotalAmt0109915
IRS990/AllOtherContributionsAmt05640900
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BEARING TREE INCORPORATED
IRS990/BooksInCareOfDetail/PhoneNum03129801197
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 S RIVERSIDE PLAZA SUITE 1625
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060606
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt08200
IRS990/CashNonInterestBearingGrp/EOYAmt0272742
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0498740
IRS990/ContractorCompensationGrp/CompensationAmt1299999
IRS990/ContractorCompensationGrp/CompensationAmt2114675
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0300 S RIVERSIDE PLAZA SUITE 1625
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1300 S RIVERSIDE PLAZA SUITE 1625
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt21305 W 111TH ST 204
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2HOUSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd060606
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd160606
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd277008
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0BEARING TREE INCORPORATED
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1IRON LIGHT INCORPORATED
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2ALETHEA MEDIA GROUP LLC
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05640900
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01591444
IRS990/CYOtherRevenueAmt0115620
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0329596
IRS990/CYSalariesCompEmpBnftPaidAmt03643480
IRS990/CYTotalExpensesAmt05426924
IRS990/CYTotalFundraisingExpenseAmt0423674
IRS990/CYTotalProfFndrsngExpnsAmt0192000
IRS990/CYTotalRevenueAmt05756520
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE CENTER SQUARE NEWSWIRE SERVICE
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0314847
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt026400
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04469731
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt022000
IRS990/FeesForServicesAccountingGrp/TotalAmt022000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt014375
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt07482
IRS990/FeesForServicesLegalGrp/TotalAmt021857
IRS990/FeesForServicesOtherGrp/FundraisingAmt0762
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0326684
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0854943
IRS990/FeesForServicesOtherGrp/TotalAmt01182389
IRS990/FeesForServicesProfFundraising/FundraisingAmt0192000
IRS990/FeesForServicesProfFundraising/TotalAmt0192000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/PersonNm0CHRISTOPHER KRUG
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN TILLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2BRADLEY WALTON
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIC SUCHARSKI
IRS990/Form990PartVIISectionAGrp/PersonNm4JENNIFER STEFANO
IRS990/Form990PartVIISectionAGrp/PersonNm5JERRY LYLES
IRS990/Form990PartVIISectionAGrp/PersonNm6LAUREL ABRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm7DANIEL MCCALEB
IRS990/Form990PartVIISectionAGrp/PersonNm8COLE LAUTERBACH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0421650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5165941
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6172943
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7216988
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8116658
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/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT OF SYNDICATION & DISTRIBUTION
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHIEF CONTENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05756520
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt059815
IRS990/InsuranceGrp/TotalAmt059815
IRS990/InterestGrp/ManagementAndGeneralAmt021175
IRS990/InterestGrp/ProgramServicesAmt06664
IRS990/InterestGrp/TotalAmt027839
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0311715
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt061245
IRS990/IRPDocumentCnt042
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0499
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0499
IRS990/MissionDesc0THE MISSION OF FRANKLIN NEWS FOUNDATION IS TO PROMOTE SOCIAL WELFARE AND CIVIL BETTERMENT BY UNDERTAKING PROGRAMS THAT PROMOTE JOURNALISM AND THE EDUCATION OF THE PUBLIC ABOUT CORRUPTION, INCOMPETENCE, FRAUD OR TAXPAYER ABUSE BY ELECTED OFFICIALS AT ALL LEVELS OF GOVERNMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-185647
IRS990/NetAssetsOrFundBalancesEOYAmt0-76520
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-500494
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-102920
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt02469
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt025073
IRS990/OfficeExpensesGrp/ProgramServicesAmt057368
IRS990/OfficeExpensesGrp/TotalAmt084910
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010125
IRS990/OtherAssetsTotalGrp/EOYAmt010125
IRS990/OtherChangesInNetAssetsAmt0-115326
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt010008
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07669
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0317860
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0335537
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0985
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1250
IRS990/OtherExpensesGrp/ProgramServicesAmt010246
IRS990/OtherExpensesGrp/ProgramServicesAmt111
IRS990/OtherExpensesGrp/TotalAmt011231
IRS990/OtherExpensesGrp/TotalAmt1261
IRS990/OtherLiabilitiesGrp/BOYAmt0385828
IRS990/OtherLiabilitiesGrp/EOYAmt0117988
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/BusinessCd1516210
IRS990/OtherRevenueMiscGrp/BusinessCd2561499
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING
IRS990/OtherRevenueMiscGrp/Desc1PODCAST
IRS990/OtherRevenueMiscGrp/Desc2COMMISSION REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011050
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt17366
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt096705
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt111050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt27366
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt096705
IRS990/OtherRevenueTotalAmt0115620
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0197708
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047173
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02837487
IRS990/OtherSalariesAndWagesGrp/TotalAmt03082368
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0128907
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0246727
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt012617
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02072
IRS990/PayrollTaxesGrp/ProgramServicesAmt0210886
IRS990/PayrollTaxesGrp/TotalAmt0225575
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0406243
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt057364
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035810
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01731
IRS990/PrincipalOfficerNm0CHRISTOPHER KRUG
IRS990/PriorPeriodAdjustmentsAmt0-105143
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04705392
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0500
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02094414
IRS990/PYOtherRevenueAmt0111294
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-498206
IRS990/PYSalariesCompEmpBnftPaidAmt03219978
IRS990/PYTotalExpensesAmt05314892
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04816686
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0329596
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05640900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04705392
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04715019
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03301261
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02684901
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021047473
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt082
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0100
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66230
IRS990ScheduleA/PublicSupportPY170Pct00.68310
IRS990ScheduleA/PublicSupportTotal170Amt014179890
IRS990ScheduleA/SubstantialContributorsTotAmt06867583
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05640900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04705392
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04715019
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03301261
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02684901
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021047473
IRS990ScheduleA/TotalSupportAmt021410308
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0115620
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt072544
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt097000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt038510
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt039061
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0362735
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt0115326
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05426924
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0115326
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0116152
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11696
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2140
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO BEARING TREE, INC.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO ADVANCED DIGITAL MEDIA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO ILLINOIS POLICY INSTITUTE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt061245
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN ADVANCED DIGITAL MEDIA, INC.
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05756520
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FEDERAL AND ILLINOIS EXEMPT ORGANIZATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NET LOSS FROM SUBSIDIARY 115,326.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt061245
IRS990ScheduleD/TotalExpensesPerForm990Amt05426924
IRS990ScheduleD/TotalLiabilityAmt0117988
IRS990ScheduleD/TotalRevenuePerForm990Amt05756520
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05756520
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05542250
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CAGING, RESEARCH, PERSONAL CONTACT
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt05650334
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt05458334
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0BEARING TREE INC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0192000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0300 S RIVERSIDE PLAZA SUITE 1625
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd060606
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt05650334
IRS990ScheduleG/TotalNetToOrganizationAmt05458334
IRS990ScheduleG/TotalRetainedByContractorsAmt0192000
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0349650
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1194988
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2147943
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3163941
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount072000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount122000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount225000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.