Civic Intelligence

Benjamin Franklin Academy Inc.

990 • Fiscal year 2018 • EIN 58-1823445

Jun 01, 2017 to May 31, 2018 • Filed on Jan 31, 2018

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

6th percentile

0.00x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

6th percentile

0.00x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

66th percentile

9.3%

Higher net margin than 66% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

28th percentile

$117,500

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

52nd percentile

2.3%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-26%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$13,633,238

Up $309,436 (+2.3%) from 2017

Net Assets

Up

$13,624,290

Up $340,053 (+2.6%) from 2017

Liabilities

Down

$8,948

Down $30,617 (-77%) from 2017

Revenue

Down

$3,669,336

Down $1,257,760 (-26%) from 2017

Expenses

Up

$3,329,283

Up $180,448 (+5.7%) from 2017

Net Income

Down

$340,053

Down $1,438,208 (-81%) from 2017

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

2018

Assets$13,633,238
Liabilities$8,948
Net Assets$13,624,290

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

2018

Revenue$3,669,336
Expenses$3,329,283
Net Income$340,053
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Jan 31, 2018
Return Version
2017v2.3
Gross Receipts
$4,500,987
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$13,284,237$13,624,290▲ $340,053
Savings and Temporary Cash Investments$5,878,450$5,133,359▼ $745,091
Land, Buildings, and Equipment, Net$2,077,755$3,765,922▲ $1,688,167
Cash and Non-Interest-Bearing Accounts$627,864$266,436▼ $361,428
Total Assets$13,323,802$13,633,238▲ $309,436
Other Assets Total$4,739,733$4,467,521▼ $272,212
Liabilities
Other Liabilities$39,565$8,948▼ $30,617
Total Liabilities$39,565$8,948▼ $30,617
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,284,237$13,624,290▲ $340,053
Total Liabilities and Net Assets / Fund Balance$13,323,802$13,633,238▲ $309,436

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,098,126$1,741,124$4,839,250
Land$667,796-$667,796
Other Assets Org$600--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$4,198,364$5,950▲ $385,256-$4,466,921
2016$3,277,747$1,013,823▲ $61,638-$4,198,364
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
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Martha B BurdetteTreasurer/he$115,088$2,412$117,500

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
$473,489
Program Service Revenue
$2,767,327
Investment Income
$428,003
Other Revenue
$517
All Other Contributions
$473,489
Change in Net Assets
$340,053

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded3$34,582
Total Noncash Contributions3$34,582

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,634,048
Revenue Not Reported on Financial Statements
$35,288
Revenue Not Reported on Form 990
$133,882
Other Revenue Adjustments
$2,640
Total Revenue per Audited Statements
$3,767,930
Total Revenue per Form 990
$3,669,336
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,154,355
Other Expenses$1,070,642
Total Fundraising Expense$106,102
Professional Fundraising Fees$104,286
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,639,480$182,164-$1,821,644
All Other Expenses$161,390$1,042-$162,432
Occupancy$151,241--$151,241
Depreciation Depletion$136,175$5,674-$141,849
Payroll Taxes$121,081$13,454-$134,535
Current Officers, Directors, Trustees, and Key Employees$87,064$28,024-$115,088
Fees for Services Professional Fundraising--$104,286$104,286
Advertising$45,457-$1,816$47,273
Other Employee Benefits$46,510--$46,510
Other Expenses$57,641$44,246-$44,246
Pension Plan Contributions$36,578--$36,578
Fees for Services Accounting-$31,638-$31,638
Insurance-$30,128-$30,128
Office Expenses$13,392--$13,392
Fees for Services Legal-$3,586-$3,586
Travel$3,547--$3,547
Conferences and Meetings$163$18-$181
Total Functional Expenses$2,876,802$346,379$106,102$3,329,283

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,329,283
Total Expenses per Audited Statements$3,311,208
Expenses per Audited Statements$3,296,635
Expenses Not Reported on Financial Statements$32,648
Expenses Not Reported on Form 990$14,573
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$104,286
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Flexible Spending Account$7,251
Health Savings Accts$1,697
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/headmaster
Phone
4046337404
Signed
2018-01-31
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
Bonnie D Ingram CPA
Phone
7704917510
Supplemental Narrative

Financial Statement Notes

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

Deferred income (prepaid scholarships) -14,900 closing pledged receivables -100,322 prepaid tuition 152,440 tuition overpayments recognized -509

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

Book/tax differential on loss on disposal of equipment 2,506 after audit adjustment 134

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

Reverse accounts payable 10,153 book / tax depreciation difference 4,420

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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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IRS990/PayrollTaxesGrp/TotalAmt0134535
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt036578
IRS990/PensionPlanContributionsGrp/TotalAmt036578
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARTHA B BURDETTE
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/Desc0TUITION INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CLINIC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02756842
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110030
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2455
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02756842
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2455
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01449480
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt086538
IRS990/PYOtherExpensesAmt01043803
IRS990/PYProgramServiceRevenueAmt03391078
IRS990/PYRevenuesLessExpensesAmt01778261
IRS990/PYSalariesCompEmpBnftPaidAmt01974179
IRS990/PYTotalExpensesAmt03148835
IRS990/PYTotalProfFndrsngExpnsAmt0130853
IRS990/PYTotalRevenueAmt04927096
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0340053
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02767327
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05878450
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05133359
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt029582
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04198364
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt05950
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04466921
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt093067
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0385256
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03277747
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01013823
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04198364
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0154344
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt061638
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03226360
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt052805
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03277747
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0129690
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0128772
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03208096
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt036025
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03226360
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0102796
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt085535
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03163806
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt035610
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03208096
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0127638
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0136818
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt014573
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt032648
IRS990ScheduleD/ExpensesSubtotalAmt03296635
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt032648
IRS990ScheduleD/InvestmentExpensesNotIncldAmt032648
IRS990ScheduleD/LandGrp/BookValueAmt0667796
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0667796
IRS990ScheduleD/NetUnrealizedGainsInvstAmt097173
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04466921
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1600
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ENDOWMENT FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt014573
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03098126
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01741124
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04839250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07251
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11697
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FLEXIBLE SPENDING ACCOUNT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1HEALTH SAVINGS ACCTS
IRS990ScheduleD/OtherRevenueAmt036709
IRS990ScheduleD/OtherRevenuesNotIncludedAmt02640
IRS990ScheduleD/RevenueNotReportedAmt0133882
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt035288
IRS990ScheduleD/RevenueSubtotalAmt03634048
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DEFERRED INCOME (PREPAID SCHOLARSHIPS) -14,900 CLOSING PLEDGED RECEIVABLES -100,322 PREPAID TUITION 152,440 TUITION OVERPAYMENTS RECOGNIZED -509
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK/TAX DIFFERENTIAL ON LOSS ON DISPOSAL OF EQUIPMENT 2,506 AFTER AUDIT ADJUSTMENT 134
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REVERSE ACCOUNTS PAYABLE 10,153 BOOK / TAX DEPRECIATION DIFFERENCE 4,420
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03765922
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04467521
IRS990ScheduleD/TotalExpensesPerForm990Amt03329283
IRS990ScheduleD/TotalLiabilityAmt08948
IRS990ScheduleD/TotalRevenuePerForm990Amt03669336
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03767930
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03311208
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 FRIDAY, NOVEMBER 9, 2018, IN THE ATLANTA JOURNAL CONSITUTION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0SOLICITATE
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0473489
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0369203
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0COXE CURRY ASSOCIATES
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0104286
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/TotalGrossReceiptsAmt0473489
IRS990ScheduleG/TotalNetToOrganizationAmt0369203
IRS990ScheduleG/TotalRetainedByContractorsAmt0104286
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt03
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt034582
IRS990ScheduleM/ThirdPartiesUsedInd0false
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/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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013323802

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
2018Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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