Civic Intelligence

Benjamin Franklin Academy Inc.

990 • Fiscal year 2016 • EIN 58-1823445

Jun 01, 2015 to May 31, 2016 • Filed on Dec 05, 2016

1585 Clifton Road NEAtlanta, GA 30329-4243

(404) 633-7404

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

6th percentile

0.00x

Higher debt load relative to revenue than 6% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

80th percentile

19%

Higher net margin than 80% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

28th percentile

$116,637

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

67th percentile

6.6%

Faster asset growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

24th percentile

-7.8%

Faster revenue growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$11,521,206

Up $713,751 (+6.6%) from 2015

Net Assets

Up

$11,505,976

Up $706,021 (+6.5%) from 2015

Liabilities

Up

$15,230

Up $7,730 (+103%) from 2015

Revenue

Down

$3,778,757

Down $321,131 (-7.8%) from 2015

Expenses

Up

$3,072,735

Up $131,895 (+4.5%) from 2015

Net Income

Down

$706,022

Down $453,026 (-39%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $7,843,561Liabilities 2011: $6,166Net Assets 2011: $7,837,3952011Assets 2012: $8,318,831Liabilities 2012: $7,719Net Assets 2012: $8,311,1122012Assets 2013: $8,587,781Liabilities 2013: $1,346Net Assets 2013: $8,586,4352013Assets 2014: $9,646,828Liabilities 2014: $5,922Net Assets 2014: $9,640,9062014Assets 2015: $10,807,455Liabilities 2015: $7,500Net Assets 2015: $10,799,9552015Assets 2016: $11,521,206Liabilities 2016: $15,230Net Assets 2016: $11,505,9762016Assets 2017: $13,323,802Liabilities 2017: $39,565Net Assets 2017: $13,284,2372017Assets 2018: $13,633,238Liabilities 2018: $8,948Net Assets 2018: $13,624,2902018Assets 2019: $14,112,257Liabilities 2019: $2,802Net Assets 2019: $14,109,4552019Assets 2020: $14,325,369Liabilities 2020: $5,218Net Assets 2020: $14,320,1512020Assets 2021: $14,670,830Liabilities 2021: -$1,944Net Assets 2021: $14,672,7742021Assets 2022: $15,844,317Liabilities 2022: $2,857Net Assets 2022: $15,841,4602022Assets 2023: $16,404,666Liabilities 2023: $44,232Net Assets 2023: $16,360,4342023Assets 2024: $16,214,611Liabilities 2024: $20,359Net Assets 2024: $16,194,2522024

Highlighted filing

2016

Assets$11,521,206
Liabilities$15,230
Net Assets$11,505,976

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,072,480Expenses 2011: $3,072,795Net Income 2011: -$3152011Expenses 2012: $2,810,9502012Expenses 2013: $2,890,6052013Revenue 2014: $3,830,898Expenses 2014: $2,776,425Net Income 2014: $1,054,4732014Revenue 2015: $4,099,888Expenses 2015: $2,940,840Net Income 2015: $1,159,0482015Revenue 2016: $3,778,757Expenses 2016: $3,072,735Net Income 2016: $706,0222016Revenue 2017: $4,927,096Expenses 2017: $3,148,835Net Income 2017: $1,778,2612017Revenue 2018: $3,669,336Expenses 2018: $3,329,283Net Income 2018: $340,0532018Revenue 2019: $3,925,425Expenses 2019: $3,440,260Net Income 2019: $485,1652019Revenue 2020: $3,807,084Expenses 2020: $3,596,388Net Income 2020: $210,6962020Revenue 2021: $3,909,208Expenses 2021: $3,556,585Net Income 2021: $352,6232021Revenue 2022: $4,797,504Expenses 2022: $3,628,818Net Income 2022: $1,168,6862022Revenue 2023: $4,550,154Expenses 2023: $4,026,260Net Income 2023: $523,8942023Revenue 2024: $4,109,007Expenses 2024: $4,275,189Net Income 2024: -$166,1822024

Highlighted filing

2016

Revenue$3,778,757
Expenses$3,072,735
Net Income$706,022
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Dec 5, 2016
Return Version
2015v2.1
Gross Receipts
$4,089,383
Mission and Program Overview

Mission

To teach a basic college preparatory high school curriculum.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$10,799,955$11,505,976▲ $706,021
Savings and Temporary Cash Investments$4,893,653$5,701,961▲ $808,308
Land, Buildings, and Equipment, Net$2,235,697$2,146,362▼ $89,335
Cash and Non-Interest-Bearing Accounts$426,400$283,176▼ $143,224
Total Assets$10,807,455$11,521,206▲ $713,751
Other Assets Total$3,251,705$3,389,707▲ $138,002
Liabilities
Other Liabilities$7,500$15,230▲ $7,730
Total Liabilities$7,500$15,230▲ $7,730
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,799,955$11,505,976▲ $706,021
Total Liabilities and Net Assets / Fund Balance$10,807,455$11,521,206▲ $713,751

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,478,566$2,084,552$3,563,118
Land$667,796-$667,796
Other Assets Org$600--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$3,226,360$52,805▲ $128,772-$3,277,747
2014$3,208,096$36,025▲ $85,535-$3,226,360
2013$3,163,806$35,610▲ $136,818-$3,208,096
2012$2,991,897$47,555▲ $261,783-$3,163,806
2011$2,919,434$30,150▲ $173,666-$2,991,897
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Martha B BurdetteTreasurer$115,482$1,155$116,637
Wood Smethurst Dod 71415Headmaster$10,547$9,000$19,547

Board Members and Trustees

NameTitle
Jane C BlackBoard Presid
Harry K Delcher MdTrustee
Verona McduffieTrustee
Betty Foy BottsSecretary
Dameron Black IiiSr Vice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$340,812
Program Service Revenue
$3,293,296
Investment Income
$144,649
Other Revenue
$0
All Other Contributions
$340,812
Change in Net Assets
$706,022

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,756,956
Revenue Not Reported on Financial Statements
$21,801
Revenue Not Reported on Form 990
$171,741
Total Revenue per Audited Statements
$3,928,697
Total Revenue per Form 990
$3,778,757
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,925,282
Other Expenses$1,034,684
Total Fundraising Expense$117,974
Professional Fundraising Fees$112,769
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,447,699$160,855-$1,608,554
All Other Expenses$166,518$42,279$1,388$210,185
Occupancy$145,501--$145,501
Current Officers, Directors, Trustees, and Key Employees$95,341$30,688-$126,029
Payroll Taxes$112,360$12,484-$124,844
Fees for Services Professional Fundraising--$112,769$112,769
Depreciation Depletion$95,512$3,979-$99,491
Other Expenses$62,723$7,845$705$62,723
Other Employee Benefits$41,494--$41,494
Fees for Services Accounting-$28,670-$28,670
Insurance-$27,772-$27,772
Pension Plan Contributions$24,361--$24,361
Office Expenses$12,608-$3,112$15,720
Advertising$10,061--$10,061
Fees for Services Legal-$6,759-$6,759
Travel$5,128--$5,128
Conferences and Meetings$3,279$364-$3,643
Total Functional Expenses$2,633,066$321,695$117,974$3,072,735

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,072,735
Total Expenses per Audited Statements$3,070,583
Expenses per Audited Statements$3,050,934
Expenses Not Reported on Financial Statements$21,801
Expenses Not Reported on Form 990$19,649
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$112,769
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tiaa Withholding$11,506
Flexible Spending Account$3,724
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 2

Dameron black iii jane c black trustee trustee husband & wife

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

No review will be conducted.

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

Ben franklin academy (bfa) adheres to the required written conflict of interest standard for accreditation by sacs/sais. The organization's officers, directors, trustees, & key employees disclose to bfa substancial business affiliations & transactions that might conflict with business decisions made by the school. Conflicts of interest have been avoided by ensuring that major vendors, contractors, or other new businesses submit bids, including prices & rates, prior to rendering services/products, for evaluation by the business office & comparison to competitive quotes. Part of this procees involves checking for possible conflicts of interest with officers, directors, trustees & key employees.

Form 990, Page 6, Part VI, Line 15A

The executive committee, minus the ceo, reviews the salary scales provided by the georgia independent schools association (and local public school districts as may be available), reviews the needs & budget of bfa, as well as the economic environment, to determine the amount of compensation for the ceo (headmaster). The compensation of the ceo is approved within the annual budget by the board of directors, which is discussed & documented in the minutes of bfa.

Form 990, Page 6, Part VI, Line 15B

Salary determination of the secretary/treasurer (dean of studies) & other key employees is determined by the executive committee, with the same parameters as the salary determination of the ceo & at the time the annual budget is prepared for approval by the board.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Benjamin Franklin Academy Inc
EIN
58-1823445
Phone
4046337404
Address
1585 CLIFTON ROAD NE, ATLANTA, GA 30329-4243

Signing Officer

Name
Martha B Burdette
Title
Treasurer
Phone
4046337404
Signed
2016-12-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martha B Burdette
Formed
1987
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
42

Preparer

Firm
Richard a White CPA Pc
Address
2368 MAIN ST STE 4, TUCKER, GA 30084
Preparer
Richard a White CPA
Phone
7704917510
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING -1 TOTAL -1

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Prepaid tuition -907 contributions pledged, not recd 204,353 foundation grant not received 100,000

Schedule D, Page 4, Part XII, Line 2D

Reversing accts payable 7,195 rounding 4 book / tax depreciation difference 12,450

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IRS990/PayrollTaxesGrp/ProgramServicesAmt0112360
IRS990/PayrollTaxesGrp/TotalAmt0124844
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt024361
IRS990/PensionPlanContributionsGrp/TotalAmt024361
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARTHA B BURDETTE
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/Desc0TUITION INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/Desc3CLINIC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03267179
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112651
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210281
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33185
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03267179
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112651
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210281
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33185
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0477850
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0100149
IRS990/PYOtherExpensesAmt0913841
IRS990/PYProgramServiceRevenueAmt03521889
IRS990/PYRevenuesLessExpensesAmt01159048
IRS990/PYSalariesCompEmpBnftPaidAmt01953918
IRS990/PYTotalExpensesAmt02940840
IRS990/PYTotalProfFndrsngExpnsAmt073081
IRS990/PYTotalRevenueAmt04099888
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0706022
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03293296
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04893653
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05701961
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03226360
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt052805
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03277747
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0129690
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0128772
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03208096
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt036025
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03226360
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0102796
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt085535
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03163806
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt035610
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03208096
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0127638
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0136818
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02991897
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt047555
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03163806
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0136929
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0261783
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02919434
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt030150
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02991897
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0130853
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0173666
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt019649
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt021801
IRS990ScheduleD/ExpensesSubtotalAmt03050934
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt021801
IRS990ScheduleD/InvestmentExpensesNotIncldAmt021801
IRS990ScheduleD/LandGrp/BookValueAmt0667796
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0667796
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-131705
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03277748
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1111359
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2600
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ENDOWMENT FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt019649
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01478566
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02084552
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03563118
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011506
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13724
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TIAA WITHHOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FLEXIBLE SPENDING ACCOUNT
IRS990ScheduleD/OtherRevenueAmt0303446
IRS990ScheduleD/RevenueNotReportedAmt0171741
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt021801
IRS990ScheduleD/RevenueSubtotalAmt03756956
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PREPAID TUITION -907 CONTRIBUTIONS PLEDGED, NOT RECD 204,353 FOUNDATION GRANT NOT RECEIVED 100,000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REVERSING ACCTS PAYABLE 7,195 ROUNDING 4 BOOK / TAX DEPRECIATION DIFFERENCE 12,450
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02146362
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03389707
IRS990ScheduleD/TotalExpensesPerForm990Amt03072735
IRS990ScheduleD/TotalLiabilityAmt015230
IRS990ScheduleD/TotalRevenuePerForm990Amt03778757
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03928697
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03070583
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SEE ATTACHED DESCRIPTION OF NON-DISCRMINATORY POLICIES AS DESCRIBED ON FORM 1023 AND IN THE ADVERTISEMENT. THE ADVERTISMENT WAS RUN ON SUNDAY, AUGUST 21, 2016, IN THE ATLANTA JOURNAL CONSITUTION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0SOLICITATE
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0340811
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0228042
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0COXE CURRY ASSOCIATES
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0112769
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0191 PEACHTREE ST NE STE 450
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0ATLANTA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd030303
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0GA
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0340811
IRS990ScheduleG/TotalNetToOrganizationAmt0228042
IRS990ScheduleG/TotalRetainedByContractorsAmt0112769
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAMERON BLACK III JANE C BLACK TRUSTEE TRUSTEE HUSBAND & WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BEN FRANKLIN ACADEMY (BFA) ADHERES TO THE REQUIRED WRITTEN CONFLICT OF INTEREST STANDARD FOR ACCREDITATION BY SACS/SAIS. THE ORGANIZATION'S OFFICERS, DIRECTORS, TRUSTEES, & KEY EMPLOYEES DISCLOSE TO BFA SUBSTANCIAL BUSINESS AFFILIATIONS & TRANSACTIONS THAT MIGHT CONFLICT WITH BUSINESS DECISIONS MADE BY THE SCHOOL. CONFLICTS OF INTEREST HAVE BEEN AVOIDED BY ENSURING THAT MAJOR VENDORS, CONTRACTORS, OR OTHER NEW BUSINESSES SUBMIT BIDS, INCLUDING PRICES & RATES, PRIOR TO RENDERING SERVICES/PRODUCTS, FOR EVALUATION BY THE BUSINESS OFFICE & COMPARISON TO COMPETITIVE QUOTES. PART OF THIS PROCEES INVOLVES CHECKING FOR POSSIBLE CONFLICTS OF INTEREST WITH OFFICERS, DIRECTORS, TRUSTEES & KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE, MINUS THE CEO, REVIEWS THE SALARY SCALES PROVIDED BY THE GEORGIA INDEPENDENT SCHOOLS ASSOCIATION (AND LOCAL PUBLIC SCHOOL DISTRICTS AS MAY BE AVAILABLE), REVIEWS THE NEEDS & BUDGET OF BFA, AS WELL AS THE ECONOMIC ENVIRONMENT, TO DETERMINE THE AMOUNT OF COMPENSATION FOR THE CEO (HEADMASTER). THE COMPENSATION OF THE CEO IS APPROVED WITHIN THE ANNUAL BUDGET BY THE BOARD OF DIRECTORS, WHICH IS DISCUSSED & DOCUMENTED IN THE MINUTES OF BFA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SALARY DETERMINATION OF THE SECRETARY/TREASURER (DEAN OF STUDIES) & OTHER KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE COMMITTEE, WITH THE SAME PARAMETERS AS THE SALARY DETERMINATION OF THE CEO & AT THE TIME THE ANNUAL BUDGET IS PREPARED FOR APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING -1 TOTAL -1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$0.02$16.2$4.11$4.28$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$0.04$16.4$4.55$4.03$0.52
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.8$0.00$15.8$4.80$3.63$1.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$0.00$14.7$3.91$3.56$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$0.01$14.3$3.81$3.60$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$0.00$14.1$3.93$3.44$0.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.6$0.01$13.6$3.67$3.33$0.34
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$0.04$13.3$4.93$3.15$1.78
2016Detailed filing. Detailed filing data is available for this year.$11.5$0.02$11.5$3.78$3.07$0.71
2015Detailed filing. Detailed filing data is available for this year.$10.8$0.01$10.8$4.10$2.94$1.16
2014Detailed filing. Detailed filing data is available for this year.$9.65$0.01$9.64$3.83$2.78$1.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.59$0.00$8.59$2.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.32$0.01$8.31$2.81
2011Summary only. Only limited summary data is available for this year.$7.84$0.01$7.84$3.07$3.07$0.00