Civic Intelligence

Franklin Towne Charter Elementary School

990 • Fiscal year 2018 • EIN 26-4634765

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 27, 2018

Organization Profilewww.es.franklintowne.org
4259 Richmond StreetPhiladelphia, PA 19137

(215) 289-3389

Siviq Scores

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

Liabilities / Assets

96th percentile

1.24x

Higher debt load relative to assets than 96% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

1.38x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

64th percentile

7.9%

Higher net margin than 64% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

23rd percentile

$105,924

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

60th percentile

4.6%

Faster asset growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

10%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$13,253,890

Up $581,093 (+4.6%) from 2017

Net Assets

Up

-$3,180,480

Up $333,258 (+9.5%) from 2017

Liabilities

Up

$16,434,370

Up $247,835 (+1.5%) from 2017

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin64th percentile

Revenue

Up

$11,931,631

Up $1,116,934 (+10%) from 2017

Expenses

Down

$10,992,373

Down $409,762 (-3.6%) from 2017

Net Income

Up

$939,258

Up $1,526,696 (+260%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2016: $11,575,556Liabilities 2016: $14,501,856Net Assets 2016: -$2,926,3002016Assets 2017: $12,672,797Liabilities 2017: $16,186,535Net Assets 2017: -$3,513,7382017Assets 2018: $13,253,890Liabilities 2018: $16,434,370Net Assets 2018: -$3,180,4802018Assets 2019: $14,535,003Liabilities 2019: $15,483,791Net Assets 2019: -$948,7882019Assets 2020: $16,669,084Liabilities 2020: $15,031,799Net Assets 2020: $1,637,2852020Assets 2021: $20,500,235Liabilities 2021: $15,179,732Net Assets 2021: $5,320,5032021Assets 2022: $25,741,491Liabilities 2022: $15,549,929Net Assets 2022: $10,191,5622022Assets 2023: $27,464,053Liabilities 2023: $11,047,242Net Assets 2023: $16,416,8112023Assets 2024: $32,739,786Liabilities 2024: $10,685,811Net Assets 2024: $22,053,9752024

Highlighted filing

2018

Assets$13,253,890
Liabilities$16,434,370
Net Assets-$3,180,480
Open 2018 Filing

Operations Trend

Revenue Growth66th percentile

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

$30M$20M$10M$0-$10MRevenue 2016: $10,191,019Expenses 2016: $10,096,068Net Income 2016: $94,9512016Revenue 2017: $10,814,697Expenses 2017: $11,402,135Net Income 2017: -$587,4382017Revenue 2018: $11,931,631Expenses 2018: $10,992,373Net Income 2018: $939,2582018Revenue 2019: $13,540,527Expenses 2019: $11,308,835Net Income 2019: $2,231,6922019Revenue 2020: $14,172,638Expenses 2020: $11,586,565Net Income 2020: $2,586,0732020Revenue 2021: $15,172,812Expenses 2021: $11,489,594Net Income 2021: $3,683,2182021Revenue 2022: $18,287,272Expenses 2022: $13,416,213Net Income 2022: $4,871,0592022Revenue 2023: $18,471,849Expenses 2023: $9,342,136Net Income 2023: $9,129,7132023Revenue 2024: $21,129,606Expenses 2024: $15,492,442Net Income 2024: $5,637,1642024

Highlighted filing

2018

Revenue$11,931,631
Expenses$10,992,373
Net Income$939,258
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 27, 2018
Return Version
2017v2.3
Gross Receipts
$11,931,631
Mission and Program Overview

Mission

Basic elementary school education for students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,718,514$4,927,484▲ $1,208,970
Land, Buildings, and Equipment, Net$2,469,868$3,030,572▲ $560,704
Accounts Receivable$267,558$328,027▲ $60,469
Prepaid Expenses and Deferred Charges$239,717$225,564▼ $14,153
Total Assets$12,672,797$13,253,890▲ $581,093
Other Assets Total$5,977,140$4,742,243▼ $1,234,897
Liabilities
Other Liabilities$14,641,000$14,724,000▲ $83,000
Accounts Payable and Accrued Expenses$1,384,880$1,466,143▲ $81,263
Deferred Revenue$160,655$244,227▲ $83,572
Total Liabilities$16,186,535$16,434,370▲ $247,835
Net Assets / Fund Balance
Unrestricted Net Assets$-3,513,738$-3,180,480▲ $333,258
Total Net Assets Fund Balance$-3,513,738$-3,180,480▲ $333,258
Total Liabilities and Net Assets / Fund Balance$12,672,797$13,253,890▲ $581,093

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,030,572$2,852,123$5,048,183
Other Assets Org$2,946,257--
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Megan WalshChief Bus OfficerFT$105,924$105,924

Board Members and Trustees

NameTitle
Cynthia MareliaPresident
Michele KrajewskiVice President
Joseph a GarbarianoSecretary/tres

Highest Paid Contractors

ContractorServicesLocationCompensation
Franklin Towne Charter High SchoolTech. Support5301 TACONY STREET BOX 310, Philadelphia, PA 19137$527,424
Nutrition GroupFood Service580 WENDAL ROAD, Irwin, PA 15642$344,816
Bayda NursesHealth CareP O BOX 536446, Pittsburg, PA 15253$109,576
Omnivest Managment LLCManagement Services115 PHEASANT RUN SUITE 210, Newtown, PA 18940$105,885
Revenue and Support

Revenue Composition

Contributions and Grants
$1,386,074
Program Service Revenue
$10,545,557
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$939,258
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,443,686
Other Expenses$3,548,687
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,081,846$187,964-$4,269,810
Pension Plan Contributions$1,658,109$73,306-$1,731,415
Occupancy$1,217,238--$1,217,238
Other Employee Benefits$1,033,966$46,991-$1,080,957
Payments to Affiliates$527,414--$527,414
Other Expenses$412,185--$412,185
Payroll Taxes$346,207$15,297-$361,504
Depreciation Depletion$273,808--$273,808
Fees for Services Other$109,576--$109,576
Fees for Services Management-$105,885-$105,885
Insurance$95,198--$95,198
Fees for Services Legal$53,431--$53,431
Information Technology$6,009$38,910-$44,919
Office Expenses-$31,677-$31,677
Fees for Services Accounting-$25,000-$25,000
Total Functional Expenses$10,467,343$525,030$0$10,992,373
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$12,940,000
Net Pension Liability$1,250,000
Deferred Inflows$534,000
Net Other Post Retirement Benfits Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
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, Section B, Line 11B

“The Schools CEO reviews the form 990 before filing.”

Form 990, Part VI, Section B, Line 19

“The Schools governing documents are made available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Franklin Towne Charter Elementary
EIN
26-4634765
Phone
2152893389
Address
4259 RICHMOND STREET, PHILADELPHIA, PA 19137
Doing Business As
School

Signing Officer

Name
Joseph Venditti CEO
Title
CEO
Signed
2018-11-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Venditti CEO
Formed
2009
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
53

Preparer

Firm
Anthony J Kubicek CPA
Address
1000 W VALLEY ROAD P O BOX 966, SOUTHEASTERN, PA 19399
Preparer
Anthony J Kubicek
Phone
6109969468
Raw XML Appendix370 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01384880
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01466143
IRS990/AccountsReceivableGrp/BOYAmt0267558
IRS990/AccountsReceivableGrp/EOYAmt0328027
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0BASIC ELEMENTARY SCHOOL EDUCATION FOR STUDENTS.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ANTHONY J KUBICEK CPA
IRS990/BooksInCareOfDetail/PhoneNum06104307826
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01240 WEST CHESTER PIKE SUITE 210
IRS990/BooksInCareOfDetail/USAddress/CityNm0WEST CHESTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019382
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03718514
IRS990/CashNonInterestBearingGrp/EOYAmt04927484
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt04
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0527424
IRS990/ContractorCompensationGrp/CompensationAmt1344816
IRS990/ContractorCompensationGrp/CompensationAmt2105885
IRS990/ContractorCompensationGrp/CompensationAmt3109576
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt05301 TACONY STREET BOX 310
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1580 WENDAL ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2115 PHEASANT RUN SUITE 210
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3P O BOX 536446
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PHILADELPHIA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1IRWIN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2NEWTOWN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3PITTSBURG
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd019137
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd115642
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd218940
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd315253
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0FRANKLIN TOWNE CHARTER HIGH SCHOOL
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1NUTRITION GROUP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2OMNIVEST MANAGMENT LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3BAYDA NURSES
IRS990/ContractorCompensationGrp/ServicesDesc0TECH. SUPPORT
IRS990/ContractorCompensationGrp/ServicesDesc1FOOD SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc2MANAGEMENT SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc3HEALTH CARE
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01386074
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt03548687
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt010545557
IRS990/CYRevenuesLessExpensesAmt0939258
IRS990/CYSalariesCompEmpBnftPaidAmt07443686
IRS990/CYTotalExpensesAmt010992373
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011931631
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0160655
IRS990/DeferredRevenueGrp/EOYAmt0244227
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0273808
IRS990/DepreciationDepletionGrp/TotalAmt0273808
IRS990/Desc0FRANKLIN TOWNE CHARTER ELEMENTARY SCHOOL IS AN INDEPENDENT CHARTER SCHOOL WITH THE PRIMARY PURPOSE TO PROVIDE EDUCATION WITH UNIQUE SUPPORT SERVICE TO FACILITATE THIS GOAL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0SCHOOL
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt053
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt010467343
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt025000
IRS990/FeesForServicesAccountingGrp/TotalAmt025000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt053431
IRS990/FeesForServicesLegalGrp/TotalAmt053431
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0105885
IRS990/FeesForServicesManagementGrp/TotalAmt0105885
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0109576
IRS990/FeesForServicesOtherGrp/TotalAmt0109576
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3040.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0CYNTHIA MARELIA
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHELE KRAJEWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSEPH A GARBARIANO
IRS990/Form990PartVIISectionAGrp/PersonNm3MEGAN WALSH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3105924
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TRES
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF BUS OFFICER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt01386074
IRS990/GrantAmt01386074
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt011931631
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt038910
IRS990/InformationTechnologyGrp/ProgramServicesAmt06009
IRS990/InformationTechnologyGrp/TotalAmt044919
IRS990/InsuranceGrp/ProgramServicesAmt095198
IRS990/InsuranceGrp/TotalAmt095198
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02017611
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02469868
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03030572
IRS990/LandBldgEquipCostOrOtherBssAmt05048183
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0BASIC ELEMENTARY SCHOOL EDUCATION FOR STUDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-3513738
IRS990/NetAssetsOrFundBalancesEOYAmt0-3180480
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt01217238
IRS990/OccupancyGrp/TotalAmt01217238
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt031677
IRS990/OfficeExpensesGrp/TotalAmt031677
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05977140
IRS990/OtherAssetsTotalGrp/EOYAmt04742243
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt046991
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01033966
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01080957
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1SPECIAL EDUCATION
IRS990/OtherExpensesGrp/Desc2STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc3EDUCATIONAL SUPPLIES SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt0352229
IRS990/OtherExpensesGrp/ProgramServicesAmt1175867
IRS990/OtherExpensesGrp/ProgramServicesAmt2124260
IRS990/OtherExpensesGrp/ProgramServicesAmt3412185
IRS990/OtherExpensesGrp/TotalAmt0352229
IRS990/OtherExpensesGrp/TotalAmt1175867
IRS990/OtherExpensesGrp/TotalAmt2124260
IRS990/OtherExpensesGrp/TotalAmt3412185
IRS990/OtherLiabilitiesGrp/BOYAmt014641000
IRS990/OtherLiabilitiesGrp/EOYAmt014724000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0187964
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04081846
IRS990/OtherSalariesAndWagesGrp/TotalAmt04269810
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0527414
IRS990/PaymentsToAffiliatesGrp/TotalAmt0527414
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015297
IRS990/PayrollTaxesGrp/ProgramServicesAmt0346207
IRS990/PayrollTaxesGrp/TotalAmt0361504
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt073306
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01658109
IRS990/PensionPlanContributionsGrp/TotalAmt01731415
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0239717
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0225564
IRS990/PrincipalOfficerNm0JOSEPH VENDITTI CEO
IRS990/PriorPeriodAdjustmentsAmt0-606000
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010545557
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01188680
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03655191
IRS990/PYProgramServiceRevenueAmt09626017
IRS990/PYRevenuesLessExpensesAmt0-587438
IRS990/PYSalariesCompEmpBnftPaidAmt07746944
IRS990/PYTotalExpensesAmt011402135
IRS990/PYTotalRevenueAmt010814697
IRS990/ReconcilationRevenueExpnssAmt0939258
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt010545557
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03030572
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02852123
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05048183
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01795986
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12946257
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED ENTITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012940000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11250000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2534000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED INFLOWS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NET OTHER POST RETIREMENT BENFITS LIABILITY
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03030572
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04742243
IRS990ScheduleD/TotalLiabilityAmt014724000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Schools CEO reviews the form 990 before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Schools governing documents are made available for public inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012672797
IRS990/TotalAssetsEOYAmt013253890
IRS990/TotalAssetsGrp/BOYAmt012672797
IRS990/TotalAssetsGrp/EOYAmt013253890
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01386074
IRS990/TotalEmployeeCnt053
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0525030
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010467343
IRS990/TotalFunctionalExpensesGrp/TotalAmt010992373
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016186535
IRS990/TotalLiabilitiesEOYAmt016434370
IRS990/TotalLiabilitiesGrp/BOYAmt016186535
IRS990/TotalLiabilitiesGrp/EOYAmt016434370
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3513738
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3180480
IRS990/TotalProgramServiceExpensesAmt010467343
IRS990/TotalProgramServiceRevenueAmt010545557
IRS990/TotalReportableCompFromOrgAmt0105924
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011931631
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012672797
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013253890
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-3513738
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-3180480
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04259 RICHMOND STREET
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019137
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0www.es.franklintowne.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH VENDITTI CEO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN TOWNE CHARTER ELEMENTARY
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0264634765
ReturnHeader/Filer/PhoneNum02152893389
ReturnHeader/Filer/USAddress/AddressLine1Txt04259 RICHMOND STREET
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019137
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AF5679F1B65DBA61730EA73EBCF04FCFEF0A32D5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AF5679F1B65DBA61730EA73EBCF04FCFEF0A32D5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.230.243.47
ReturnHeader/FilingSecurityInformation/IPDt02018-12-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm014:52:24
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANTHONY J KUBICEK CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 W VALLEY ROAD P O BOX 966
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTHEASTERN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019399
ReturnHeader/PreparerPersonGrp/PhoneNum06109969468
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony J Kubicek
ReturnHeader/ReturnTs02018-11-27T02:15:04-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,253,890
Liabilities
$16,434,370
Net assets
-$3,180,480
Revenue
$11,931,631
Expenses
$10,992,373
Net income
$939,258
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.7$10.7$22.1$21.1$15.5$5.64
2023Detailed filing. Detailed filing data is available for this year.$27.5$11.0$16.4$18.5$9.34$9.13
2022Detailed filing. Detailed filing data is available for this year.$25.7$15.5$10.2$18.3$13.4$4.87
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$15.2$5.32$15.2$11.5$3.68
2020Detailed filing. Detailed filing data is available for this year.$16.7$15.0$1.64$14.2$11.6$2.59
2019Detailed filing. Detailed filing data is available for this year.$14.5$15.5$0.95$13.5$11.3$2.23
2018Detailed filing. Detailed filing data is available for this year.$13.3$16.4$3.18$11.9$11.0$0.94
2017Detailed filing. Detailed filing data is available for this year.$12.7$16.2$3.51$10.8$11.4$0.59
2016Detailed filing. Detailed filing data is available for this year.$11.6$14.5$2.93$10.2$10.1$0.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $10M-$25M nonprofits