Civic Intelligence

Franklin Road Academy Inc.

990 • Fiscal year 2013 • EIN 62-1138075

Jul 01, 2012 to Jun 30, 2013 • Filed on Feb 25, 2014

4700 Franklin Road37220
Siviq Scores

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

Liabilities / Assets

56th percentile

0.36x

Higher debt load relative to assets than 56% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

4th percentile

-16%

Faster asset growth than 4% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$29,694,231

Down $5,611,893 (-16%) from 2012

Net Assets

Down

$19,041,182

Down $5,141,461 (-21%) from 2012

Liabilities

Down

$10,653,049

Down $470,432 (-4.2%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$21,477,822

Up $4,203,954 (+24%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $38,426,051Liabilities 2010: $12,177,348Net Assets 2010: $26,248,7032010Assets 2011: $36,933,686Liabilities 2011: $11,049,305Net Assets 2011: $25,884,3812011Assets 2012: $35,306,124Liabilities 2012: $11,123,481Net Assets 2012: $24,182,6432012Assets 2013: $29,694,231Liabilities 2013: $10,653,049Net Assets 2013: $19,041,1822013Assets 2014: $28,670,091Liabilities 2014: $10,080,080Net Assets 2014: $18,590,0112014Assets 2015: $27,648,336Liabilities 2015: $9,696,358Net Assets 2015: $17,951,9782015Assets 2016: $27,032,511Liabilities 2016: $10,057,160Net Assets 2016: $16,975,3512016Assets 2017: $28,423,541Liabilities 2017: $9,660,177Net Assets 2017: $18,763,3642017Assets 2018: $33,648,265Liabilities 2018: $10,172,230Net Assets 2018: $23,476,0352018Assets 2019: $47,921,731Liabilities 2019: $19,677,587Net Assets 2019: $28,244,1442019Assets 2020: $56,428,521Liabilities 2020: $24,406,001Net Assets 2020: $32,022,5202020Assets 2021: $58,128,778Liabilities 2021: $17,732,102Net Assets 2021: $40,396,6762021Assets 2022: $57,542,680Liabilities 2022: $12,745,473Net Assets 2022: $44,797,2072022Assets 2023: $68,255,755Liabilities 2023: $11,036,739Net Assets 2023: $57,219,0162023Assets 2024: $78,573,645Liabilities 2024: $9,393,315Net Assets 2024: $69,180,3302024

Highlighted filing

2013

Assets$29,694,231
Liabilities$10,653,049
Net Assets$19,041,182

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $15,097,9522010Revenue 2011: $14,268,692Expenses 2011: $15,016,766Net Income 2011: -$748,0742011Expenses 2012: $17,273,8682012Expenses 2013: $21,477,8222013Revenue 2014: $15,357,222Expenses 2014: $16,203,635Net Income 2014: -$846,4132014Revenue 2015: $16,021,365Expenses 2015: $16,518,448Net Income 2015: -$497,0832015Revenue 2016: $16,269,447Expenses 2016: $17,071,846Net Income 2016: -$802,3992016Revenue 2017: $18,971,483Expenses 2017: $17,296,143Net Income 2017: $1,675,3402017Revenue 2018: $22,739,253Expenses 2018: $18,399,923Net Income 2018: $4,339,3302018Revenue 2019: $24,758,576Expenses 2019: $19,881,591Net Income 2019: $4,876,9852019Revenue 2020: $27,136,280Expenses 2020: $23,257,541Net Income 2020: $3,878,7392020Revenue 2021: $31,046,189Expenses 2021: $24,085,769Net Income 2021: $6,960,4202021Revenue 2022: $31,732,934Expenses 2022: $26,957,071Net Income 2022: $4,775,8632022Revenue 2023: $41,015,885Expenses 2023: $29,130,575Net Income 2023: $11,885,3102023Revenue 2024: $42,987,734Expenses 2024: $31,414,564Net Income 2024: $11,573,1702024

Highlighted filing

2013

Revenue-
Expenses$21,477,822
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Feb 25, 2014
Return Version
2012v2.1
Gross Receipts
$16,653,185
Mission and Program Overview

Mission

Franklin road academy provides a challenging educational experience in an inclusive christian community with an unwavering commitment to develop leaders of integrity and purpose. We will inspire in our students a lifelong love of learning through a dynamic academic program which will prepare them for success in life; encourage students to discover their passions through opportunities in academics, the arts, athletics, and servant leadership; nurture leaders of integrity, guided by christian principles, compelled to lead lives of compassionate global citizenship.

Major Activities

Activity 2
Auxiliary activities - cafeteria, concessions for athletic events, annual, bookstore and special student activities.
Filing and Contact Details

Filer

EIN
62-1138075
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IRS990/Description0INSTRUCTIONAL & STUDENT ACTIVITIES - (1) EDUCATION FOR GRADES K-12 FOR APPROXIMATELY 793 STUDENTS. (2) INSTRUCTION FOR ATHLETICS, BAND, DAY CARE AND DAY CAMP.
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IRS990/MissionDescription0FRANKLIN ROAD ACADEMY IS A COEDUCATIONAL, COLLEGE-PREPARATORY SCHOOL, SERVING QUALIFIED STUDENTS IN GRADES KINDERGARDEN THROUGH TWELVE. THE SCHOOL IS A CARING AND SUPPORTIVE COMMUNITY OF PARENTS, TEACHERS, AND STUDENTS WITHIN AN INCLUSIVE CHRISTIAN ENVIRONMENT.
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IRS990/OtherEmployeeBenefits/Total0558958
IRS990/OtherExpensePriorYear06801445
IRS990/OtherExpensesCurrentYear010568560
IRS990/OtherExpenses/Description0BAD DEBT EXPENSE
IRS990/OtherExpenses/Description1INSTRUCTION & STUDENT A
IRS990/OtherExpenses/Description2ATHLETICS
IRS990/OtherExpenses/Description3REPAIRS & MAINTENANCE
IRS990/OtherExpenses/ManagementAndGeneral0232389
IRS990/OtherExpenses/ProgramServices04397819
IRS990/OtherExpenses/ProgramServices11394009
IRS990/OtherExpenses/ProgramServices2345258
IRS990/OtherExpenses/Total04397819
IRS990/OtherExpenses/Total11394009
IRS990/OtherExpenses/Total2345258
IRS990/OtherExpenses/Total3232389
IRS990/OtherLiabilities/BOY01317979
IRS990/OtherLiabilities/EOY0874692
IRS990/OtherRevenueCurrentYear0136769
IRS990/OtherRevenueMisc/BusinessCode0900099
IRS990/OtherRevenueMisc/BusinessCode1900099
IRS990/OtherRevenueMisc/Description0MISCELLANEOUS
IRS990/OtherRevenueMisc/Description1BAD DEBT RECOVERY
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome045012
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome129502
IRS990/OtherRevenueMisc/TotalRevenueColumn045012
IRS990/OtherRevenueMisc/TotalRevenueColumn129502
IRS990/OtherRevenuePriorYear0233777
IRS990/OtherSalariesAndWages/ManagementAndGeneral0946894
IRS990/OtherSalariesAndWages/ProgramServices05921982
IRS990/OtherSalariesAndWages/Total06868876
IRS990/OtherWebsite0X
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/ManagementAndGeneral0183341
IRS990/PayrollTaxes/ProgramServices0346218
IRS990/PayrollTaxes/Total0529559
IRS990/PensionPlanContributions/ManagementAndGeneral084976
IRS990/PensionPlanContributions/ProgramServices0206322
IRS990/PensionPlanContributions/Total0291298
IRS990/PermanentlyRestrictedNetAssets/BOY02298353
IRS990/PermanentlyRestrictedNetAssets/EOY02298353
IRS990/PledgesAndGrantsReceivable/BOY05559819
IRS990/PledgesAndGrantsReceivable/EOY00
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY0308139

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$78.6$9.39$69.2$43.0$31.4$11.6
2023Detailed filing. Detailed filing data is available for this year.$68.3$11.0$57.2$41.0$29.1$11.9
2022Detailed filing. Detailed filing data is available for this year.$57.5$12.7$44.8$31.7$27.0$4.78
2021Detailed filing. Detailed filing data is available for this year.$58.1$17.7$40.4$31.0$24.1$6.96
2020Detailed filing. Detailed filing data is available for this year.$56.4$24.4$32.0$27.1$23.3$3.88
2019Detailed filing. Detailed filing data is available for this year.$47.9$19.7$28.2$24.8$19.9$4.88
2018Detailed filing. Detailed filing data is available for this year.$33.6$10.2$23.5$22.7$18.4$4.34
2017Detailed filing. Detailed filing data is available for this year.$28.4$9.66$18.8$19.0$17.3$1.68
2016Detailed filing. Detailed filing data is available for this year.$27.0$10.1$17.0$16.3$17.1$0.80
2015Detailed filing. Detailed filing data is available for this year.$27.6$9.70$18.0$16.0$16.5$0.50
2014Detailed filing. Detailed filing data is available for this year.$28.7$10.1$18.6$15.4$16.2$0.85
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.7$10.7$19.0$21.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.3$11.1$24.2$17.3
2011Summary only. Only limited summary data is available for this year.$36.9$11.0$25.9$14.3$15.0$0.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.4$12.2$26.2$15.1