Civic Intelligence

Franklin Foundation of Kettering Park Manor Inc

990 • Fiscal year 2017 • EIN 31-1636760

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 09, 2018

Refreshing map…

2000 Bethel Road Ste DColumbus, OH 43220

(614) 451-1919

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.06x

Higher debt load relative to assets than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

0.33x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

21st percentile

-9.0%

Higher net margin than 21% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

58th percentile

$78,125

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 42.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

31st percentile

-1.9%

Faster asset growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

35th percentile

-0.9%

Faster revenue growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,038,082

Down $19,615 (-1.9%) from 2016

Net Assets

Down

$977,195

Down $16,722 (-1.7%) from 2016

Liabilities

Down

$60,887

Down $2,893 (-4.5%) from 2016

Revenue

Down

$185,045

Down $1,594 (-0.9%) from 2016

Expenses

Up

$201,767

Up $1,311 (+0.7%) from 2016

Net Income

Down

-$16,722

Down $2,905 (-21%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,219,755Liabilities 2010: $71,731Net Assets 2010: $1,148,0242010Assets 2011: $1,194,176Liabilities 2011: $66,663Net Assets 2011: $1,127,5132011Assets 2012: $1,148,818Liabilities 2012: $72,540Net Assets 2012: $1,076,2782012Assets 2014: $1,090,545Liabilities 2014: $71,886Net Assets 2014: $1,018,6592014Assets 2015: $1,073,050Liabilities 2015: $65,316Net Assets 2015: $1,007,7342015Assets 2016: $1,057,697Liabilities 2016: $63,780Net Assets 2016: $993,9172016Assets 2017: $1,038,082Liabilities 2017: $60,887Net Assets 2017: $977,1952017Assets 2018: $989,648Liabilities 2018: $63,528Net Assets 2018: $926,1202018Assets 2019: $972,372Liabilities 2019: $64,815Net Assets 2019: $907,5572019Assets 2020: $977,156Liabilities 2020: $58,249Net Assets 2020: $918,9072020Assets 2021: $982,036Liabilities 2021: $60,823Net Assets 2021: $921,2132021Assets 2022: $951,801Liabilities 2022: $57,791Net Assets 2022: $894,0102022Assets 2024: $931,409Liabilities 2024: $39,332Net Assets 2024: $892,0772024

Highlighted filing

2017

Assets$1,038,082
Liabilities$60,887
Net Assets$977,195

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $183,0582010Expenses 2011: $170,2782011Expenses 2012: $193,6622012Revenue 2014: $157,259Expenses 2014: $188,500Net Income 2014: -$31,2412014Revenue 2015: $183,670Expenses 2015: $194,595Net Income 2015: -$10,9252015Revenue 2016: $186,639Expenses 2016: $200,456Net Income 2016: -$13,8172016Revenue 2017: $185,045Expenses 2017: $201,767Net Income 2017: -$16,7222017Revenue 2018: $181,656Expenses 2018: $232,731Net Income 2018: -$51,0752018Revenue 2019: $184,237Expenses 2019: $202,800Net Income 2019: -$18,5632019Revenue 2020: $218,372Expenses 2020: $207,022Net Income 2020: $11,3502020Revenue 2021: $208,586Expenses 2021: $206,280Net Income 2021: $2,3062021Revenue 2022: $188,341Expenses 2022: $215,544Net Income 2022: -$27,2032022Revenue 2024: $234,532Expenses 2024: $211,815Net Income 2024: $22,7172024

Highlighted filing

2017

Revenue$185,045
Expenses$201,767
Net Income-$16,722
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 9, 2018
Return Version
2017v2.3
Gross Receipts
$185,045
Mission and Program Overview

Mission

To provide housing to qualified elderly & handicapped persons .

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$922,652$882,599▼ $40,053
Prepaid Expenses and Deferred Charges$8,345$7,067▼ $1,278
Cash and Non-Interest-Bearing Accounts$9,210$4,358▼ $4,852
Total Assets$1,057,697$1,038,082▼ $19,615
Other Assets Total$117,490$144,058▲ $26,568
Liabilities
Other Liabilities$58,921$55,001▼ $3,920
Accounts Payable and Accrued Expenses$4,859$5,886▲ $1,027
Total Liabilities$63,780$60,887▼ $2,893
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,485,900$1,485,900→ $0
Unrestricted Net Assets$-491,983$-508,705▼ $16,722
Total Net Assets Fund Balance$993,917$977,195▼ $16,722
Total Liabilities and Net Assets / Fund Balance$1,057,697$1,038,082▼ $19,615

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$697,077$519,640$1,216,717
Leasehold Improvements$28,160$157,539$185,699
Land$155,000-$155,000
Equipment$2,362$60,200$62,562
Other Assets Org$1--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Lynn D DaltonPresident$78,125$78,125

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$105,372
Program Service Revenue
$77,112
Investment Income
$585
Other Revenue
$1,976
Change in Net Assets
$-16,722

Audited Revenue Reconciliation

Revenue per Audited Statements
$185,045
Total Revenue per Audited Statements
$185,045
Total Revenue per Form 990
$185,045
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$201,767
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$40,053--$40,053
All Other Expenses$11,589$15,168-$26,757
Fees for Services Management-$17,258-$17,258
Other Expenses$16,761--$16,761
Insurance$9,782--$9,782
Office Expenses-$6,545-$6,545
Fees for Services Accounting-$5,960-$5,960
Advertising-$82-$82
Total Functional Expenses$156,754$45,013$0$201,767

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$201,767
Total Expenses per Audited Statements$201,767
Total Expenses per Form 990$201,767
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
Accrued Real Estate Taxes$30,794
Notes Payable$13,332
Security Deposits-liability$7,168
Accrued Management Fee$2,493
Accrued Wages$1,048
Accrued Payroll Taxes$166
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 2

John f. Havens ii ellen hardymon trustee sec/treas nephew/aunt john f. Havens ii thomas havens trustee trustee son/father john f. Havens ii suzanne nick trustee trustee nephew/aunt john f. Havens ii john c. Havens trustee trustee nephew/uncle ellen hardymon thomas havens sec/treas trustee sister/brother ellen hardymon suzanne nick sec/treas trustee sister/sister ellen hardymon john c. Havens sec/treas trustee sister/brother thomas havens suzanne nick trustee trustee brother/sister thomas havens john c. Havens trustee trustee brother/brother suzanne nick john c. Havens trustee trustee sister/brother

Form 990, Page 6, Part VI, Line 3

Franklin foundation of kettering park manor, inc. Has delegated the management duties to franklin senior housing management, inc.

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

The number of trustees constituting the full board of trustees shall be as fixed from time to time at not more than nine as hereinafter provided. Such number shall (i) be fixed from time to time by resolution or other action adopted or taken by the vote, or consent of not less than a majority of the voting members entitled to vote for the election of trustees present in person or by proxy at any annual meeting of voting members or any special meeting thereof called for that purpose, or (ii) if the number is not so fixed, the total number of persons elected and remaining as trustees in office immediately after any election of what purports to be a full board of trustees, or any election of additional trustees, by the unanimous vote or consent of all voting members entitled to vote for the election of trustees; provided, however, that no reduction in the number of trustees in and of itself shall have the effect of removing any trustee from office prior to the expiration of the term of office.

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

The federal form 990 is made available to the board members at the first board meeting after the return is received. The president of the organization is responsible for the review of the tax return.

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

All contractual relationships are reviewed for conflicts of interests. Previous year's conflicts of interest list is reviewed and updated annually.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policies, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Franklin Foundation of Kettering
EIN
31-1636760
Phone
6144511919
Address
2000 BETHEL ROAD STE D, COLUMBUS, OH 43220

Signing Officer

Name
Lynn D Dalton
Title
President
Phone
6144511919
Signed
2018-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynn D Dalton
Formed
1999
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
5
Employees
0

Preparer

Firm
Stemen Mertens Stickler Cpas
Address
370 S 5TH ST STE 1, COLUMBUS, OH 43215-5433
Preparer
Bryan P Stickler CPA
Phone
6142240955
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Manager salary 0 13,154 0 supplies 4,973 0 0 misc taxes 4,274 0 0 trash removal 2,342 0 0 tenant activity expenses 0 2,014 0 total 11,589 15,168 0

Raw XML AppendixShowing 400 of 432 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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IRS990ScheduleD/EquipmentGrp/DepreciationAmt060200
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0155000
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED REAL ESTATE TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS-LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED MANAGEMENT FEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ACCRUED WAGES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5ACCRUED PAYROLL TAXES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOHN F. HAVENS II ELLEN HARDYMON TRUSTEE SEC/TREAS NEPHEW/AUNT JOHN F. HAVENS II THOMAS HAVENS TRUSTEE TRUSTEE SON/FATHER JOHN F. HAVENS II SUZANNE NICK TRUSTEE TRUSTEE NEPHEW/AUNT JOHN F. HAVENS II JOHN C. HAVENS TRUSTEE TRUSTEE NEPHEW/UNCLE ELLEN HARDYMON THOMAS HAVENS SEC/TREAS TRUSTEE SISTER/BROTHER ELLEN HARDYMON SUZANNE NICK SEC/TREAS TRUSTEE SISTER/SISTER ELLEN HARDYMON JOHN C. HAVENS SEC/TREAS TRUSTEE SISTER/BROTHER THOMAS HAVENS SUZANNE NICK TRUSTEE TRUSTEE BROTHER/SISTER THOMAS HAVENS JOHN C. HAVENS TRUSTEE TRUSTEE BROTHER/BROTHER SUZANNE NICK JOHN C. HAVENS TRUSTEE TRUSTEE SISTER/BROTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FRANKLIN FOUNDATION OF KETTERING PARK MANOR, INC. HAS DELEGATED THE MANAGEMENT DUTIES TO FRANKLIN SENIOR HOUSING MANAGEMENT, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE NUMBER OF TRUSTEES CONSTITUTING THE FULL BOARD OF TRUSTEES SHALL BE AS FIXED FROM TIME TO TIME AT NOT MORE THAN NINE AS HEREINAFTER PROVIDED. SUCH NUMBER SHALL (I) BE FIXED FROM TIME TO TIME BY RESOLUTION OR OTHER ACTION ADOPTED OR TAKEN BY THE VOTE, OR CONSENT OF NOT LESS THAN A MAJORITY OF THE VOTING MEMBERS ENTITLED TO VOTE FOR THE ELECTION OF TRUSTEES PRESENT IN PERSON OR BY PROXY AT ANY ANNUAL MEETING OF VOTING MEMBERS OR ANY SPECIAL MEETING THEREOF CALLED FOR THAT PURPOSE, OR (II) IF THE NUMBER IS NOT SO FIXED, THE TOTAL NUMBER OF PERSONS ELECTED AND REMAINING AS TRUSTEES IN OFFICE IMMEDIATELY AFTER ANY ELECTION OF WHAT PURPORTS TO BE A FULL BOARD OF TRUSTEES, OR ANY ELECTION OF ADDITIONAL TRUSTEES, BY THE UNANIMOUS VOTE OR CONSENT OF ALL VOTING MEMBERS ENTITLED TO VOTE FOR THE ELECTION OF TRUSTEES; PROVIDED, HOWEVER, THAT NO REDUCTION IN THE NUMBER OF TRUSTEES IN AND OF ITSELF SHALL HAVE THE EFFECT OF REMOVING ANY TRUSTEE FROM OFFICE PRIOR TO THE EXPIRATION OF THE TERM OF OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FEDERAL FORM 990 IS MADE AVAILABLE TO THE BOARD MEMBERS AT THE FIRST BOARD MEETING AFTER THE RETURN IS RECEIVED. THE PRESIDENT OF THE ORGANIZATION IS RESPONSIBLE FOR THE REVIEW OF THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL CONTRACTUAL RELATIONSHIPS ARE REVIEWED FOR CONFLICTS OF INTERESTS. PREVIOUS YEAR'S CONFLICTS OF INTEREST LIST IS REVIEWED AND UPDATED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MANAGER SALARY 0 13,154 0 SUPPLIES 4,973 0 0 MISC TAXES 4,274 0 0 TRASH REMOVAL 2,342 0 0 TENANT ACTIVITY EXPENSES 0 2,014 0 TOTAL 11,589 15,168 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FRANKLIN FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0311191673
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0COLUMBUS
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IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0105372
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045013
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0156754
IRS990/TotalFunctionalExpensesGrp/TotalAmt0201767
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt060887
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IRS990/TotReportableCompRltdOrgAmt078125
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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IRS990/UponRequestInd0X
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LYNN D DALTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.04$0.89$0.23$0.21$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.06$0.89$0.19$0.22$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.06$0.92$0.21$0.21$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.06$0.92$0.22$0.21$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.06$0.91$0.18$0.20$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.06$0.93$0.18$0.23$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.04$0.06$0.98$0.19$0.20$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.06$0.99$0.19$0.20$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.07$0.07$1.01$0.18$0.19$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.09$0.07$1.02$0.16$0.19$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.07$1.08$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.07$1.13$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.07$1.15$0.18