Civic Intelligence

Benjamin Franklin Academy Inc.

990 • Fiscal year 2019 • EIN 58-1823445

Jun 01, 2018 to May 31, 2019 • Filed on Dec 06, 2019

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

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

28th percentile

$119,638

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

50th percentile

3.5%

Faster asset growth than 50% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

7.0%

Faster revenue growth than 59% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$14,112,257

Up $479,019 (+3.5%) from 2018

Net Assets

Up

$14,109,455

Up $485,165 (+3.6%) from 2018

Liabilities

Down

$2,802

Down $6,146 (-69%) from 2018

Revenue

Up

$3,925,425

Up $256,089 (+7.0%) from 2018

Expenses

Up

$3,440,260

Up $110,977 (+3.3%) from 2018

Net Income

Up

$485,165

Up $145,112 (+43%) from 2018

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

2019

Assets$14,112,257
Liabilities$2,802
Net Assets$14,109,455

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

2019

Revenue$3,925,425
Expenses$3,440,260
Net Income$485,165
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Dec 6, 2019
Return Version
2018v3.2
Gross Receipts
$4,974,263
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$13,624,290$14,109,455▲ $485,165
Savings and Temporary Cash Investments$5,133,359$5,164,908▲ $31,549
Land, Buildings, and Equipment, Net$3,765,922$3,679,704▼ $86,218
Cash and Non-Interest-Bearing Accounts$266,436$206,181▼ $60,255
Total Assets$13,633,238$14,112,257▲ $479,019
Other Assets Total$4,467,521$5,061,464▲ $593,943
Liabilities
Other Liabilities$8,948$2,802▼ $6,146
Total Liabilities$8,948$2,802▼ $6,146
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,624,290$14,109,455▲ $485,165
Total Liabilities and Net Assets / Fund Balance$13,633,238$14,112,257▲ $479,019

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,011,908$1,914,288$4,926,196
Land$667,796-$667,796
Other Assets Org$600--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$4,466,921$508,250▲ $257,423$141,808$5,060,864
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
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Martha B BurdetteTreasurer/he$117,182$2,456$119,638

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
$300,706
Program Service Revenue
$3,287,248
Investment Income
$337,968
Other Revenue
$-497
All Other Contributions
$300,706
Change in Net Assets
$485,165

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 Traded2$37,126
Total Noncash Contributions2$37,126

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,892,225
Revenue Not Reported on Financial Statements
$33,200
Revenue Not Reported on Form 990
$-492,578
Total Revenue per Audited Statements
$3,399,647
Total Revenue per Form 990
$3,925,425
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,189,301
Other Expenses$1,148,354
Total Fundraising Expense$105,675
Professional Fundraising Fees$102,605
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,663,617$184,846-$1,848,463
All Other Expenses$213,198$1,260-$214,458
Depreciation Depletion$166,234$6,930-$173,164
Occupancy$146,171--$146,171
Payroll Taxes$125,152$13,906-$139,058
Current Officers, Directors, Trustees, and Key Employees$88,648$28,534-$117,182
Fees for Services Professional Fundraising--$102,605$102,605
Other Employee Benefits$48,371--$48,371
Other Expenses$55,766$43,180-$43,180
Pension Plan Contributions$36,227--$36,227
Fees for Services Legal-$33,626-$33,626
Advertising$29,998-$3,070$33,068
Insurance-$29,403-$29,403
Fees for Services Accounting-$9,016-$9,016
Office Expenses$8,181--$8,181
Conferences and Meetings$4,628$514-$5,142
Travel$3,166--$3,166
Total Functional Expenses$2,977,174$357,411$105,675$3,440,260

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,440,260
Expenses per Audited Statements$3,389,319
Total Expenses per Audited Statements$3,380,325
Expenses Not Reported on Financial Statements$50,941
Other Expense Adjustments$17,741
Expenses Not Reported on Form 990$-8,994
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$102,605
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Health Savings Accts$1,765
Flexible Spending Account$1,037
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 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
2019-12-06
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
39

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 -37,500 prepaid tuition -296,805

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

Reverse accounts payable -8,994

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

Book / tax depreciation difference 17,741

Raw XML AppendixShowing 400 of 483 raw XML fields

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/ProgramServiceRevenueGrp/Desc0TUITION INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CLINIC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03276869
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17129
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03276869
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17129
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23250
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0473489
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0428003
IRS990/PYOtherExpensesAmt01070642
IRS990/PYOtherRevenueAmt0517
IRS990/PYProgramServiceRevenueAmt02767327
IRS990/PYRevenuesLessExpensesAmt0340053
IRS990/PYSalariesCompEmpBnftPaidAmt02154355
IRS990/PYTotalExpensesAmt03329283
IRS990/PYTotalProfFndrsngExpnsAmt0104286
IRS990/PYTotalRevenueAmt03669336
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0485165
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03361533
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05133359
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05164908
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/AdministrativeExpensesAmt029922
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04466921
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0508250
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05060864
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0257423
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0141808
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt029582
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04198364
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt05950
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04466921
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt093067
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0385256
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03277747
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01013823
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04198364
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0154344
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt061638
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03226360
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt052805
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03277747
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0129690
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0128772
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03208096
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt036025
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03226360
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0102796
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt085535
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0-8994
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt050941
IRS990ScheduleD/ExpensesSubtotalAmt03389319
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt033200
IRS990ScheduleD/InvestmentExpensesNotIncldAmt033200
IRS990ScheduleD/LandGrp/BookValueAmt0667796
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0667796
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-173173
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05060864
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1600
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ENDOWMENT FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt0-8994
IRS990ScheduleD/OtherExpensesNotIncludedAmt017741
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03011908
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01914288
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04926196
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01765
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11037
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HEALTH SAVINGS ACCTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FLEXIBLE SPENDING ACCOUNT
IRS990ScheduleD/OtherRevenueAmt0-319405
IRS990ScheduleD/RevenueNotReportedAmt0-492578
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt033200
IRS990ScheduleD/RevenueSubtotalAmt03892225
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DEFERRED INCOME (PREPAID SCHOLARSHIPS) 14,900 CLOSING PLEDGED RECEIVABLES -37,500 PREPAID TUITION -296,805
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REVERSE ACCOUNTS PAYABLE -8,994
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BOOK / TAX DEPRECIATION DIFFERENCE 17,741
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03679704
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05061464
IRS990ScheduleD/TotalExpensesPerForm990Amt03440260
IRS990ScheduleD/TotalLiabilityAmt02802
IRS990ScheduleD/TotalRevenuePerForm990Amt03925425
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03399647
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03380325
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/GrossReceiptsAmt0300706
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0198101
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0COXE CURRY ASSOCIATES
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0102605
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/TotalGrossReceiptsAmt0300706
IRS990ScheduleG/TotalNetToOrganizationAmt0198101
IRS990ScheduleG/TotalRetainedByContractorsAmt0102605
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt037126
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/SubjectToExcsTaxNetInvstIncInd0false

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
2019Detailed filing. Detailed filing data is available for this year.$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
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