Civic Intelligence

The Franklin Academy Inc

990 • Fiscal year 2011 • EIN 56-2085431

Jul 01, 2010 to Jun 30, 2011

Organization ProfileWWW.FRANKLINACADEMY.ORG
Rutherfordton, NC
Siviq Scores

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

Liabilities / Assets

98th percentile

1.14x

Higher debt load relative to assets than 98% of similar nonprofits.

2011 filings • NTEE B • $10M-$25M nonprofits • Source year 2011

Liabilities / Revenue

92nd percentile

2.42x

Higher debt load relative to revenue than 92% of similar nonprofits.

2011 filings • NTEE B • $10M-$25M nonprofits • Source year 2011

Net Margin

69th percentile

9.7%

Higher net margin than 69% of similar nonprofits.

2011 filings • NTEE B • $10M-$25M nonprofits • Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

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

Source year 2011

Revenue Growth

Score unavailable

No value available

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

Source year 2011

Balance Sheet
Liabilities / Assets98th percentile

Assets

$19,941,014

No earlier filing loaded for comparison.

Net Assets

-$2,787,684

No earlier filing loaded for comparison.

Liabilities

$22,728,698

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin69th percentile

Revenue

$9,395,740

No earlier filing loaded for comparison.

Expenses

$8,482,411

No earlier filing loaded for comparison.

Net Income

$913,329

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30M$20M$10M$0-$10MAssets 2011: $19,941,014Liabilities 2011: $22,728,698Net Assets 2011: -$2,787,6842011Assets 2012: $20,624,465Liabilities 2012: $10,532,077Net Assets 2012: $10,092,3882012Assets 2013: $21,207,183Liabilities 2013: $9,969,926Net Assets 2013: $11,237,2572013Assets 2014: $21,361,529Liabilities 2014: $9,150,011Net Assets 2014: $12,211,5182014Assets 2015: $21,668,640Liabilities 2015: $8,501,566Net Assets 2015: $13,167,0742015Assets 2016: $21,537,416Liabilities 2016: $7,530,748Net Assets 2016: $14,006,6682016Assets 2017: $21,948,012Liabilities 2017: $6,627,914Net Assets 2017: $15,320,0982017Assets 2018: $22,191,572Liabilities 2018: $5,992,215Net Assets 2018: $16,199,3572018Assets 2019: $18,640,181Liabilities 2019: $1,185,489Net Assets 2019: $17,454,6922019Assets 2020: $19,058,375Liabilities 2020: $127,318Net Assets 2020: $18,931,0572020Assets 2021: $21,035,006Liabilities 2021: $281,964Net Assets 2021: $20,753,0422021Assets 2022: $23,533,490Liabilities 2022: $204,481Net Assets 2022: $23,329,0092022Assets 2023: $25,015,003Liabilities 2023: $277,892Net Assets 2023: $24,737,1112023Assets 2024: $27,481,738Liabilities 2024: $228,579Net Assets 2024: $27,253,1592024

Highlighted filing

2011

Assets$19,941,014
Liabilities$22,728,698
Net Assets-$2,787,684
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20M$15M$10M$5.0M$0Revenue 2011: $9,395,740Expenses 2011: $8,482,411Net Income 2011: $913,3292011Revenue 2012: $11,121,679Expenses 2012: $9,741,607Net Income 2012: $1,380,0722012Revenue 2013: $11,502,435Expenses 2013: $10,157,604Net Income 2013: $1,344,8312013Revenue 2014: $11,744,314Expenses 2014: $10,770,053Net Income 2014: $974,2612014Revenue 2015: $12,120,400Expenses 2015: $11,164,844Net Income 2015: $955,5562015Revenue 2016: $12,517,546Expenses 2016: $11,677,952Net Income 2016: $839,5942016Revenue 2017: $13,053,083Expenses 2017: $11,739,653Net Income 2017: $1,313,4302017Revenue 2018: $13,473,538Expenses 2018: $12,594,279Net Income 2018: $879,2592018Revenue 2019: $14,462,843Expenses 2019: $13,207,508Net Income 2019: $1,255,3352019Revenue 2020: $14,868,776Expenses 2020: $13,392,411Net Income 2020: $1,476,3652020Revenue 2021: $15,466,175Expenses 2021: $13,644,190Net Income 2021: $1,821,9852021Revenue 2022: $17,154,874Expenses 2022: $14,578,907Net Income 2022: $2,575,9672022Revenue 2023: $16,397,889Expenses 2023: $14,989,787Net Income 2023: $1,408,1022023Revenue 2024: $18,121,235Expenses 2024: $15,605,186Net Income 2024: $2,516,0492024

Highlighted filing

2011

Revenue$9,395,740
Expenses$8,482,411
Net Income$913,329
Open 2011 Filing
Filing Detail Status

This 2011 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2025)
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Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Mission and Program Overview

Mission

The corporation's primary exempt purpose is to engage in the charitable and educational purposes of providing quality public education as a charter school created pursuant to the general statutes of north carolina establishing charter schools.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$19,941,014
Liabilities
$22,728,698
Net assets
-$2,787,684
Revenue
$9,395,740
Expenses
$8,482,411
Net income
$913,329
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.5$0.23$27.3$18.1$15.6$2.52
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.0$0.28$24.7$16.4$15.0$1.41
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.5$0.20$23.3$17.2$14.6$2.58
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$0.28$20.8$15.5$13.6$1.82
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.1$0.13$18.9$14.9$13.4$1.48
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.6$1.19$17.5$14.5$13.2$1.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$5.99$16.2$13.5$12.6$0.88
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$6.63$15.3$13.1$11.7$1.31
2016Detailed filing. Detailed filing data is available for this year.$21.5$7.53$14.0$12.5$11.7$0.84
2015Detailed filing. Detailed filing data is available for this year.$21.7$8.50$13.2$12.1$11.2$0.96
2014Summary only. Only limited summary data is available for this year.$21.4$9.15$12.2$11.7$10.8$0.97
2013Summary only. Only limited summary data is available for this year.$21.2$9.97$11.2$11.5$10.2$1.34
2012Summary only. Only limited summary data is available for this year.$20.6$10.5$10.1$11.1$9.74$1.38
2011Summary only. Only limited summary data is available for this year.$19.9$22.7$2.79$9.40$8.48$0.91