Civic Intelligence

Franklin Center for Global Policy Exchange

990 • Fiscal year 2023 • EIN 52-1159816

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 01, 2024

Organization Profilewww.franklincenter.us

View Organization Page

1155 15th Street NW Ste 550Washington, DC 20005

(202) 216-1008

Siviq Scores

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

Liabilities / Assets

55th percentile

0.17x

Higher debt load relative to assets than 55% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.54x

Higher debt load relative to revenue than 74% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

84th percentile

33%

Higher net margin than 84% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

90th percentile

$333,613

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

69th percentile

13%

Faster asset growth than 69% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

57th percentile

10%

Faster revenue growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$6,620,425

Up $786,198 (+13%) from 2022

Net Assets

Up

$5,487,364

Up $747,699 (+16%) from 2022

Liabilities

Up

$1,133,061

Up $38,499 (+3.5%) from 2022

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin84th percentile

Revenue

Up

$2,104,919

Up $195,096 (+10%) from 2022

Expenses

Up

$1,405,043

Up $99,724 (+7.6%) from 2022

Net Income

Up

$699,876

Up $95,372 (+16%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $134,742Liabilities 2011: $70,789Net Assets 2011: $63,9532011Assets 2012: $286,133Liabilities 2012: $198,500Net Assets 2012: $87,6332012Assets 2013: $790,363Liabilities 2013: $503,943Net Assets 2013: $286,4202013Assets 2014: $958,809Liabilities 2014: $359,665Net Assets 2014: $599,1442014Assets 2015: $1,310,447Liabilities 2015: $289,038Net Assets 2015: $1,021,4092015Assets 2016: $1,730,139Liabilities 2016: $330,762Net Assets 2016: $1,399,3772016Assets 2017: $2,287,530Liabilities 2017: $444,690Net Assets 2017: $1,842,8402017Assets 2018: $3,343,491Liabilities 2018: $950,623Net Assets 2018: $2,392,8682018Assets 2019: $3,569,488Liabilities 2019: $742,124Net Assets 2019: $2,827,3642019Assets 2020: $4,604,736Liabilities 2020: $973,765Net Assets 2020: $3,630,9712020Assets 2021: $5,390,724Liabilities 2021: $1,169,403Net Assets 2021: $4,221,3212021Assets 2022: $5,834,227Liabilities 2022: $1,094,562Net Assets 2022: $4,739,6652022Assets 2023: $6,620,425Liabilities 2023: $1,133,061Net Assets 2023: $5,487,3642023Assets 2024: $7,410,499Liabilities 2024: $1,053,203Net Assets 2024: $6,357,2962024

Highlighted filing

2023

Assets$6,620,425
Liabilities$1,133,061
Net Assets$5,487,364
Open 2023 Filing

Operations Trend

Revenue Growth57th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $561,447Expenses 2011: $574,574Net Income 2011: -$13,1272011Expenses 2012: $334,8112012Revenue 2013: $580,725Expenses 2013: $381,938Net Income 2013: $198,7872013Revenue 2014: $728,607Expenses 2014: $415,883Net Income 2014: $312,7242014Revenue 2015: $764,886Expenses 2015: $342,621Net Income 2015: $422,2652015Revenue 2016: $954,844Expenses 2016: $576,877Net Income 2016: $377,9672016Revenue 2017: $1,080,409Expenses 2017: $645,247Net Income 2017: $435,1622017Revenue 2018: $1,421,972Expenses 2018: $836,827Net Income 2018: $585,1452018Revenue 2019: $1,574,680Expenses 2019: $1,201,819Net Income 2019: $372,8612019Revenue 2020: $1,340,015Expenses 2020: $570,989Net Income 2020: $769,0262020Revenue 2021: $1,282,603Expenses 2021: $708,784Net Income 2021: $573,8192021Revenue 2022: $1,909,823Expenses 2022: $1,305,319Net Income 2022: $604,5042022Revenue 2023: $2,104,919Expenses 2023: $1,405,043Net Income 2023: $699,8762023Revenue 2024: $2,516,407Expenses 2024: $1,704,438Net Income 2024: $811,9692024

Highlighted filing

2023

Revenue$2,104,919
Expenses$1,405,043
Net Income$699,876
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 1, 2024
Return Version
2023v5.1
Gross Receipts
$2,104,919
Mission and Program Overview

Mission

Founded in 1978, the Franklin Center for Global Policy Exchange (Franklin Center) is a non-partisan, non-profit 501(c)(3) organization committed to enhancing global understanding of important international issues. The Franklin Center brings together members of the U.S. Congress and their international parliamentary counterparts as well as experts from the diplomatic corps, foreign officials, senior private sector representatives, scholars, and other public policy experts. Through conferences and events where leading international opinion leaders share ideas, the Franklin Center pmorotes enlightened, balanced, and unbiased international policy discussion on major international issues.

The Franklin Center for Global Policy Exchange is a non-partisan, non-profit 501(c)(3) organization committed to enhancing global understanding of important international issues through discussion among public and private leaders in the international community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,734,735$3,836,244▲ $101,509
Cash and Non-Interest-Bearing Accounts$1,372,589$2,020,250▲ $647,661
Investments in Publicly Traded Securities$693,572$761,777▲ $68,205
Accounts Receivable$8,333$0▼ $8,333
Prepaid Expenses and Deferred Charges$24,574$2,154▼ $22,420
Land, Buildings, and Equipment, Net$424$0▼ $424
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$5,834,227$6,620,425▲ $786,198
Other Assets Total-$0-
Liabilities
Deferred Revenue$834,240$916,990▲ $82,750
Accounts Payable and Accrued Expenses$260,322$213,495▼ $46,827
Other Liabilities-$2,576-
Total Liabilities$1,094,562$1,133,061▲ $38,499
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,739,665$5,487,364▲ $747,699
Total Net Assets Fund Balance$4,739,665$5,487,364▲ $747,699
Total Liabilities and Net Assets / Fund Balance$5,834,227$6,620,425▲ $786,198

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$4,350$4,350
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James K ConzelmanPresidentPT$312,142$21,471$333,613
Terri McIntoshDirectorFT$123,000$10,747$133,747

Board Members and Trustees

NameTitle
Dave CampChairman
Bart GordonVice Chair
James RenacciVice Chair
Anne EspositoDirector
Christopher WenkDirector
Hollyn SchuemannDirector
Jonathan HeafitzDirector
Joyce RogersDirector
Lance MagnumDirector
Laurie KnightDirector
Libby CoffinDirector
Marcel DuboisDirector
Sam DePoyDirector
Shelley RubinoDirector
Shelley StewartDirector
Stacey GlasscockDirector
Stephen HartellDirector
Mike DubkeSecretary
Scott SalmonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,594,115
Program Service Revenue
$382,700
Investment Income
$128,104
Other Revenue
$0
Change in Net Assets
$699,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$778,491
Salaries, Compensation, and Employee Benefits$626,552
Total Fundraising Expense$246,230
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$572,696$85,946$5,224$663,866
Current Officers, Directors, Trustees, and Key Employees$145,842$77,754$110,016$333,612
Other Salaries and Wages$106,451$56,754$80,302$243,507
Occupancy$15,710$8,375$11,850$35,935
Payroll Taxes$9,574$5,104$7,222$21,900
Fees for Services Accounting$7,643$4,075$5,765$17,483
Pension Plan Contributions$7,154$3,814$5,397$16,365
Fees for Services Other$6,204$3,307$4,678$14,189
Office Expenses$5,880$3,135$4,435$13,450
Other Employee Benefits$4,882$2,603$3,683$11,168
Travel$2,346$1,251$1,770$5,367
Fees for Service Investment Mgmnt Fees-$5,347-$5,347
Insurance$1,970$1,050$1,486$4,506
All Other Expenses$1,224$653$923$2,800
Other Expenses$961$512$725$2,198
Depreciation Depletion$185$99$140$424
Fees for Services Legal$94$50$71$215
Total Functional Expenses$892,187$266,626$246,230$1,405,043
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued expense$2,443
Credit card payable$132
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“"Members" are organizations that desire to participate in Franklin's educational programs. Members do not participate in governing body elections nor do they approve decisions of the governing body.”

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

“The Form 990 is reviewed and approved by the President and Vice President in detail. The form is made available to the governing body as well.”

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

“The policy was approved by the board in late 2009. Each Board member and officer is required to disclose any conflicts annually. The organization monitors compliance through the annual disclosure process. In addition, the organization generally prohibits all transactions with members of the Board of directors and its officers.”

Form 990, Part VI, Section C, Line 19

“The Franklin Center's governing documents, policies and financial statements will be made available upon appropriate request.”

Part VI Section B Line 15

“The Franklin Center reimburses The Ripon Society for payroll costs for the services provided by The Ripon Society's employees on behalf of the Franklin Center.”

Part VII Section A

“Compensation shown in Part VII Section A is the portion of gross compensation reported on form W-2 for the year for services provided to the Franklin Center. Employees are paid by an unrelated organization which acts as common paymaster for both organizations; the Franklin Center reimburses the other organization for compensation and benefits allocable to time spent on Franklin Center activities.”

Filing and Contact Details

Filer

Filer Name
Franklin Center for Global
EIN
52-1159816
Phone
2022161008
Address
1155 15th Street NW Ste 550, Washington, DC 20005

Signing Officer

Name
James K Conzelman
Title
President
Signed
2024-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James K Conzelman
Formed
1978
Legal Domicile
Dc
Voting Board Members
21
Independent Board Members
19
Employees
0
Volunteers
19

Preparer

Firm
Bay Business Group LLC
Address
6402 Arlington Blvd Ste 900, Falls Church, VA 22042
Preparer
Matthew Young
Phone
7035330888
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IRS990/Desc0Public Policy and Dialogue: Providing educational events which further awareness of public policy issues. The Center holds forums to present timely discussions on national and international issues of concern to policy makers and members, or to build upon policy discussions from the most recent Capital to Capital exchange, in London, England. Discussions are held in Washington, DC and bring together experts to address the group and include an exchange of ideas. In 2023, we held 48 in-person events with vigorous discussion and participation by the attendees. We organized policy tours at Mount Rushmore and surrounding national parks. The Center also hosts the Capital to Capital Exchange which brings together US Congressional leaders, member of the diplomatic community, corporate policy experts, scholars, parliamentarians, government leaders, and business leaders from a host country where the conference is held to discuss pressing international issues. By discussing issues such as international trade, energy, transportation, health, security, etc., policy makers gain a greater understanding of the global challenges facing the US and other countries. August 7-11, 2023, Capital to Capital Exchange was held in London, England.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,620,425
Liabilities
$1,133,061
Net assets
$5,487,364
Revenue
$2,104,919
Expenses
$1,405,043
Net income
$699,876
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.41$1.05$6.36$2.52$1.70$0.81
2023Detailed filing. Detailed filing data is available for this year.$6.62$1.13$5.49$2.10$1.41$0.70
2022Detailed filing. Detailed filing data is available for this year.$5.83$1.09$4.74$1.91$1.31$0.60
2021Detailed filing. Detailed filing data is available for this year.$5.39$1.17$4.22$1.28$0.71$0.57
2020Detailed filing. Detailed filing data is available for this year.$4.60$0.97$3.63$1.34$0.57$0.77
2019Detailed filing. Detailed filing data is available for this year.$3.57$0.74$2.83$1.57$1.20$0.37
2018Detailed filing. Detailed filing data is available for this year.$3.34$0.95$2.39$1.42$0.84$0.59
2017Detailed filing. Detailed filing data is available for this year.$2.29$0.44$1.84$1.08$0.65$0.44
2016Detailed filing. Detailed filing data is available for this year.$1.73$0.33$1.40$0.95$0.58$0.38
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.29$1.02$0.76$0.34$0.42
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.36$0.60$0.73$0.42$0.31
2013Detailed filing. Detailed filing data is available for this year.$0.79$0.50$0.29$0.58$0.38$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.20$0.09$0.33
2011Summary only. Only limited summary data is available for this year.$0.13$0.07$0.06$0.56$0.57$0.01