Civic Intelligence

The Franklin Academy Inc

990 • Fiscal year 2013 • EIN 56-2085431

Jul 01, 2012 to Jun 30, 2013

Organization ProfileWWW.FRANKLINACADEMY.ORG
Rutherfordton, NC
Siviq Scores

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

Liabilities / Assets

65th percentile

0.47x

Higher debt load relative to assets than 65% of similar nonprofits.

2013 filings • NTEE B • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

70th percentile

0.87x

Higher debt load relative to revenue than 70% of similar nonprofits.

2013 filings • NTEE B • $10M-$25M nonprofits • Source year 2013

Net Margin

77th percentile

12%

Higher net margin than 77% of similar nonprofits.

2013 filings • NTEE B • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

46th percentile

2.8%

Faster asset growth than 46% of similar nonprofits.

2013 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

45th percentile

3.4%

Faster revenue growth than 45% of similar nonprofits.

2013 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$21,207,183

Up $582,718 (+2.8%) from 2012

Net Assets

Up

$11,237,257

Up $1,144,869 (+11%) from 2012

Liabilities

Down

$9,969,926

Down $562,151 (-5.3%) from 2012

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin77th percentile

Revenue

Up

$11,502,435

Up $380,756 (+3.4%) from 2012

Expenses

Up

$10,157,604

Up $415,997 (+4.3%) from 2012

Net Income

Down

$1,344,831

Down $35,241 (-2.6%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

2013

Assets$21,207,183
Liabilities$9,969,926
Net Assets$11,237,257
Open 2013 Filing

Operations Trend

Revenue Growth45th percentile

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

2013

Revenue$11,502,435
Expenses$10,157,604
Net Income$1,344,831
Open 2013 Filing
Filing Detail Status

This 2013 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, 2012 to Jun 30, 2013
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

2013 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$21,207,183
Liabilities
$9,969,926
Net assets
$11,237,257
Revenue
$11,502,435
Expenses
$10,157,604
Net income
$1,344,831
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $10M-$25M nonprofits