Civic Intelligence

Franklin Classical School

990 • Fiscal year 2021 • EIN 62-1637576

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

Organization ProfileFRANKLINCLASSICAL.COM
408 Church StreetFranklin, TN 37064

(615) 595-5337

Siviq Scores

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

Liabilities / Assets

91st percentile

0.82x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.38x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

45th percentile

9.9%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$68,907

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

96th percentile

149%

Faster asset growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

43rd percentile

7.0%

Faster revenue growth than 43% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$1,115,120

Up $668,106 (+149%) from 2020

Net Assets

Up

$196,422

Up $222,319 (+858%) from 2020

Liabilities

Up

$918,698

Up $445,787 (+94%) from 2020

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin45th percentile

Revenue

Up

$2,428,334

Up $159,415 (+7.0%) from 2020

Expenses

Up

$2,188,120

Up $427,504 (+24%) from 2020

Net Income

Down

$240,214

Down $268,089 (-53%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $52,821Liabilities 2010: $269,177Net Assets 2010: -$216,3562010Assets 2011: $119,761Liabilities 2011: $287,552Net Assets 2011: -$167,7912011Assets 2012: $43,388Liabilities 2012: $348,581Net Assets 2012: -$305,1932012Assets 2013: $157,322Liabilities 2013: $453,507Net Assets 2013: -$296,1852013Assets 2014: $116,394Liabilities 2014: $359,930Net Assets 2014: -$243,5362014Assets 2015: $109,300Liabilities 2015: $327,827Net Assets 2015: -$218,5272015Assets 2016: $145,294Liabilities 2016: $523,676Net Assets 2016: -$378,3822016Assets 2017: $168,281Liabilities 2017: $632,840Net Assets 2017: -$464,5592017Assets 2018: $128,870Liabilities 2018: $646,239Net Assets 2018: -$517,3692018Assets 2019: $242,987Liabilities 2019: $695,784Net Assets 2019: -$452,7972019Assets 2020: $447,014Liabilities 2020: $472,911Net Assets 2020: -$25,8972020Assets 2021: $1,115,120Liabilities 2021: $918,698Net Assets 2021: $196,4222021Assets 2022: $2,213,588Liabilities 2022: $1,100,848Net Assets 2022: $1,112,7402022Assets 2023: $2,339,233Liabilities 2023: $861,343Net Assets 2023: $1,477,8902023Assets 2024: $2,585,429Liabilities 2024: $883,626Net Assets 2024: $1,701,8032024Assets 2025: $3,426,510Liabilities 2025: $883,770Net Assets 2025: $2,542,7402025

Highlighted filing

2021

Assets$1,115,120
Liabilities$918,698
Net Assets$196,422
Open 2021 Filing

Operations Trend

Revenue Growth43rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,554,0872010Expenses 2011: $1,272,0372011Expenses 2012: $1,519,2022012Expenses 2013: $1,413,5462013Revenue 2014: $1,471,838Expenses 2014: $1,419,189Net Income 2014: $52,6492014Revenue 2015: $1,323,276Expenses 2015: $1,298,267Net Income 2015: $25,0092015Revenue 2016: $1,283,336Expenses 2016: $1,447,885Net Income 2016: -$164,5492016Revenue 2017: $1,534,509Expenses 2017: $1,620,686Net Income 2017: -$86,1772017Revenue 2018: $1,754,414Expenses 2018: $1,807,224Net Income 2018: -$52,8102018Revenue 2019: $1,944,932Expenses 2019: $1,880,803Net Income 2019: $64,1292019Revenue 2020: $2,268,919Expenses 2020: $1,760,616Net Income 2020: $508,3032020Revenue 2021: $2,428,334Expenses 2021: $2,188,120Net Income 2021: $240,2142021Revenue 2022: $3,546,318Expenses 2022: $2,589,091Net Income 2022: $957,2272022Revenue 2023: $3,131,015Expenses 2023: $2,713,588Net Income 2023: $417,4272023Revenue 2024: $3,142,370Expenses 2024: $2,918,457Net Income 2024: $223,9132024Revenue 2025: $3,514,078Expenses 2025: $2,673,141Net Income 2025: $840,9372025

Highlighted filing

2021

Revenue$2,428,334
Expenses$2,188,120
Net Income$240,214
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.0
Gross Receipts
$2,428,334
Mission and Program Overview

Mission

The mission of the franklin classical school is to provide a biblically- based education that is both academically excellent and spiritually vital to enable young men and women to know and serve the lord jesus christ and to transform families, institutions, and nations for the glory of god.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$258,749$777,006▲ $518,257
Investments Other Securities$153,168$301,580▲ $148,412
Prepaid Expenses and Deferred Charges$13,540$21,249▲ $7,709
Land, Buildings, and Equipment, Net$4,090$2,345▼ $1,745
Accounts Receivable$4,967$440▼ $4,527
Total Assets$447,014$1,115,120▲ $668,106
Other Assets Total$12,500$12,500→ $0
Liabilities
Deferred Revenue$445,133$669,093▲ $223,960
Other Liabilities$5,507$220,924▲ $215,417
Unsecured Notes Loans Payable$186,225--
Accounts Payable and Accrued Expenses$12,272$28,681▲ $16,409
Total Liabilities$649,137$918,698▲ $269,561
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-301,158$111,951▲ $413,109
Net Assets With Donor Restrictions$99,035$84,471▼ $14,564
Total Net Assets Fund Balance$-202,123$196,422▲ $398,545
Total Liabilities and Net Assets / Fund Balance$447,014$1,115,120▲ $668,106

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,345$130,755$133,100
Other Securities$301,580--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$153,168$103,455▲ $56,291$11,334$301,580
2019$84,471$95,950▼ $20,557$6,696$153,168
2018$731$92,073▲ $1,850$10,184$84,471
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jeff DokkestulAdministratiFT$68,907$68,907
Melinda MahandAcademic DeaFT$64,743$64,743
Thomas Carson IiiBoard MemberPT$33,715$33,715
Sherri ClarkBoard MemberPT$15,100$15,100

Board Members and Trustees

NameTitle
George GrantPresident
Austin GreerBoard Member
Brian HatcherAdmin Princi
Julie BiancheriSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$175,537
Program Service Revenue
$2,171,116
Investment Income
$79,611
Other Revenue
$2,070
All Other Contributions
$175,537
Change in Net Assets
$240,214

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 Traded1$103,455
Total Noncash Contributions1$103,455
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,140,479
Other Expenses$1,047,641
Total Fundraising Expense$23,421
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$598,296$134,616$14,957$747,869
Occupancy$302,260$33,584-$335,844
Current Officers, Directors, Trustees, and Key Employees$145,972$32,835$3,649$182,456
All Other Expenses$171,811$8,715-$180,526
Other Employee Benefits$106,189$23,893$2,655$132,737
Payroll Taxes$53,808$12,107$1,345$67,260
Other Expenses$39,969--$39,969
Office Expenses$28,063$573-$28,636
Insurance$17,968$4,492-$22,460
Advertising$10,791$10,792-$21,583
Fees for Services Accounting-$13,124-$13,124
Pension Plan Contributions$8,126$1,828$203$10,157
Information Technology$7,086$1,713$612$9,411
Conferences and Meetings$2,302$576-$2,878
Depreciation Depletion$1,395$349-$1,744
Total Functional Expenses$1,885,502$279,197$23,421$2,188,120
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$220,924
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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

“George grant karen grant husband & wife”

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

“Certain employees of the school, including the administrative principal, review form 990 prior to filing to verify all information contained therein is complete and accurate.”

Form 990, Page 6, Part VI, Line 19

“Selected financial information is available on anothers non-profit website. All required information is available upon request.”

Filing and Contact Details

Filer

Filer Name
Franklin Classical School
EIN
62-1637576
Phone
6155955337
Address
408 CHURCH STREET, FRANKLIN, TN 37064

Signing Officer

Name
Brian Hatcher
Title
Admin Principal
Phone
6155955337
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Hatcher
Formed
1992
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
5
Employees
36

Preparer

Firm
Blankenship CPA Group Pllc
Address
215 WARD CIRCLE, BRENTWOOD, TN 37027-2304
Preparer
Scott a Felts CPA
Phone
6153733771
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of the franklin classical school is to provide a biblically- based education that is both academically excellent and spiritually vital to enable young men and women to know and serve the lord jesus christ and to transform families, institutions, and nations for the glory of god.”

Form 990, Part XI, Line 9

“Ppp claimed on 2020 return 186,225”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“To provide support for student scholarships”

Raw XML AppendixShowing 400 of 432 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt012272
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt028681
IRS990/AccountsReceivableGrp/BOYAmt04967
IRS990/AccountsReceivableGrp/EOYAmt0440
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE FRANKLIN CLASSICAL SCHOOL IS TO PROVIDE A BIBLICALLY- BASED EDUCATION THAT IS BOTH ACADEMICALLY EXCELLENT AND SPIRITUALLY VITAL TO ENABLE YOUNG MEN AND WOMEN TO KNOW AND SERVE THE LORD JESUS CHRIST AND TO TRANSFORM FAMILIES, INSTITUTIONS, AND NATIONS FOR THE GLORY OF GOD.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt010792
IRS990/AdvertisingGrp/ProgramServicesAmt010791
IRS990/AdvertisingGrp/TotalAmt021583
IRS990/AllOtherContributionsAmt0175537
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08715
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0171811
IRS990/AllOtherExpensesGrp/TotalAmt0180526
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRIAN HATCHER
IRS990/BooksInCareOfDetail/PhoneNum06155955337
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0408 CHURCH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0FRANKLIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037064
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0258749
IRS990/CashNonInterestBearingGrp/EOYAmt0777006
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt03649
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt032835
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0145972
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0182456
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0576
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02302
IRS990/ConferencesMeetingsGrp/TotalAmt02878
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0175537
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt079611
IRS990/CYOtherExpensesAmt01047641
IRS990/CYOtherRevenueAmt02070
IRS990/CYProgramServiceRevenueAmt02171116
IRS990/CYRevenuesLessExpensesAmt0240214
IRS990/CYSalariesCompEmpBnftPaidAmt01140479
IRS990/CYTotalExpensesAmt02188120
IRS990/CYTotalFundraisingExpenseAmt023421
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02428334
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt0445133
IRS990/DeferredRevenueGrp/EOYAmt0669093
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0349
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01395
IRS990/DepreciationDepletionGrp/TotalAmt01744
IRS990/Desc0CHRISTIAN EDUCATION PROVIDED FOR THE BENEFIT OF STUDENTS IN KINDERGARTEN THROUGH 12TH GRADES
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt099035
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt084471
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt036
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0145972
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013124
IRS990/FeesForServicesAccountingGrp/TotalAmt013124
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt560.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt660.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JULIE BIANCHERI
IRS990/Form990PartVIISectionAGrp/PersonNm1GEORGE GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm2AUSTIN GREER
IRS990/Form990PartVIISectionAGrp/PersonNm3THOMAS CARSON III
IRS990/Form990PartVIISectionAGrp/PersonNm4SHERRI CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFF DOKKESTUL
IRS990/Form990PartVIISectionAGrp/PersonNm6MELINDA MAHAND
IRS990/Form990PartVIISectionAGrp/PersonNm7BRIAN HATCHER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt333715
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt415100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt568907
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt664743
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5ADMINISTRATI
IRS990/Form990PartVIISectionAGrp/TitleTxt6ACADEMIC DEA
IRS990/Form990PartVIISectionAGrp/TitleTxt7ADMIN PRINCI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02428334
IRS990/GrossSalesOfInventoryAmt01887
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0612
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01713
IRS990/InformationTechnologyGrp/ProgramServicesAmt07086
IRS990/InformationTechnologyGrp/TotalAmt09411
IRS990/InsuranceGrp/ManagementAndGeneralAmt04492
IRS990/InsuranceGrp/ProgramServicesAmt017968
IRS990/InsuranceGrp/TotalAmt022460
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt079611
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt079611
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0153168
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0301580
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0130755
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04090
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02345
IRS990/LandBldgEquipCostOrOtherBssAmt0133100
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE FRANKLIN CLASSICAL SCHOOL IS TO PROVIDE A BIBLICALLY- BASED EDUCATION THAT IS BOTH ACADEMICALLY EXCELLENT AND SPIRITUALLY VITAL TO ENABLE YOUNG MEN AND WOMEN TO KNOW AND SERVE THE LORD JESUS CHRIST AND TO TRANSFORM FAMILIES, INSTITUTIONS, AND NATIONS FOR THE GLORY OF GOD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-202123
IRS990/NetAssetsOrFundBalancesEOYAmt0196422
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01887
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01887
IRS990/NetUnrlzdGainsLossesInvstAmt0-11333
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-301158
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0111951
IRS990/NoncashContributionsAmt0103455
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt033584
IRS990/OccupancyGrp/ProgramServicesAmt0302260
IRS990/OccupancyGrp/TotalAmt0335844
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0573
IRS990/OfficeExpensesGrp/ProgramServicesAmt028063
IRS990/OfficeExpensesGrp/TotalAmt028636
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012500
IRS990/OtherAssetsTotalGrp/EOYAmt012500
IRS990/OtherChangesInNetAssetsAmt0186225
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02655
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023893
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0106189
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0132737
IRS990/OtherExpensesGrp/Desc0ATHLETIC EXPENSES
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2BARTER
IRS990/OtherExpensesGrp/Desc3INSTRUCTION EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0167192
IRS990/OtherExpensesGrp/ProgramServicesAmt1126814
IRS990/OtherExpensesGrp/ProgramServicesAmt297460
IRS990/OtherExpensesGrp/ProgramServicesAmt339969
IRS990/OtherExpensesGrp/TotalAmt0167192
IRS990/OtherExpensesGrp/TotalAmt1126814
IRS990/OtherExpensesGrp/TotalAmt297460
IRS990/OtherExpensesGrp/TotalAmt339969
IRS990/OtherLiabilitiesGrp/BOYAmt05507
IRS990/OtherLiabilitiesGrp/EOYAmt0220924
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0183
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0183
IRS990/OtherRevenueTotalAmt0183
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014957
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0134616
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0598296
IRS990/OtherSalariesAndWagesGrp/TotalAmt0747869
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01345
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012107
IRS990/PayrollTaxesGrp/ProgramServicesAmt053808
IRS990/PayrollTaxesGrp/TotalAmt067260
IRS990/PensionPlanContributionsGrp/FundraisingAmt0203
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01828
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08126
IRS990/PensionPlanContributionsGrp/TotalAmt010157
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013540
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021249
IRS990/PrincipalOfficerNm0BRIAN HATCHER
IRS990/PriorPeriodAdjustmentsAmt0-16561
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1AUXILIARY REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02059705
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1111411
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02059705
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1111411
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01739530
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0158140
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt073068
IRS990/PYOtherExpensesAmt0788199
IRS990/PYProgramServiceRevenueAmt01861486
IRS990/PYRevenuesLessExpensesAmt0332078
IRS990/PYSalariesCompEmpBnftPaidAmt0972417
IRS990/PYTotalExpensesAmt01760616
IRS990/PYTotalRevenueAmt02092694
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0240214
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0153168
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0103455
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0301580
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt056291
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt011334
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt084471
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt095950
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0153168
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-20557
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt06696
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0731
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt092073
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt084471
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01850
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt010184
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02345
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0130755
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0133100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0220924
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0301580
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ENDOWMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE SUPPORT FOR STUDENT SCHOLARSHIPS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02345
IRS990ScheduleD/TotalBookValueSecuritiesAmt0301580
IRS990ScheduleD/TotalLiabilityAmt0220924
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/ExplanationTxt0THE SCHOOL DISPLAYS ITS RACIALLY NONDISCRIMINATORY POLICY ON THE HOME PAGE OF THE WEBSITE THROUGHOUT THE YEAR, MAKING IT AVAILABLE TO ALL MEMBERS OF THE COMMUNITY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0103455
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE FRANKLIN CLASSICAL SCHOOL IS TO PROVIDE A BIBLICALLY- BASED EDUCATION THAT IS BOTH ACADEMICALLY EXCELLENT AND SPIRITUALLY VITAL TO ENABLE YOUNG MEN AND WOMEN TO KNOW AND SERVE THE LORD JESUS CHRIST AND TO TRANSFORM FAMILIES, INSTITUTIONS, AND NATIONS FOR THE GLORY OF GOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GEORGE GRANT KAREN GRANT HUSBAND & WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN EMPLOYEES OF THE SCHOOL, INCLUDING THE ADMINISTRATIVE PRINCIPAL, REVIEW FORM 990 PRIOR TO FILING TO VERIFY ALL INFORMATION CONTAINED THEREIN IS COMPLETE AND ACCURATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SELECTED FINANCIAL INFORMATION IS AVAILABLE ON ANOTHERS NON-PROFIT WEBSITE. ALL REQUIRED INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PPP CLAIMED ON 2020 RETURN 186,225
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0447014
IRS990/TotalAssetsEOYAmt01115120
IRS990/TotalAssetsGrp/BOYAmt0447014
IRS990/TotalAssetsGrp/EOYAmt01115120
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0175537
IRS990/TotalEmployeeCnt036
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt023421
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0279197
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01885502
IRS990/TotalFunctionalExpensesGrp/TotalAmt02188120
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0649137
IRS990/TotalLiabilitiesEOYAmt0918698
IRS990/TotalLiabilitiesGrp/BOYAmt0649137
IRS990/TotalLiabilitiesGrp/EOYAmt0918698
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-202123
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0196422
IRS990/TotalOtherProgSrvcExpenseAmt01739530
IRS990/TotalProgramServiceExpensesAmt01885502
IRS990/TotalProgramServiceRevenueAmt02171116
IRS990/TotalReportableCompFromOrgAmt0182465
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02252797
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02428334
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0447014
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01115120
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0186225
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,115,120
Liabilities
$918,698
Net assets
$196,422
Revenue
$2,428,334
Expenses
$2,188,120
Net income
$240,214
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.43$0.88$2.54$3.51$2.67$0.84
2024Detailed filing. Detailed filing data is available for this year.$2.59$0.88$1.70$3.14$2.92$0.22
2023Detailed filing. Detailed filing data is available for this year.$2.34$0.86$1.48$3.13$2.71$0.42
2022Detailed filing. Detailed filing data is available for this year.$2.21$1.10$1.11$3.55$2.59$0.96
2021Detailed filing. Detailed filing data is available for this year.$1.12$0.92$0.20$2.43$2.19$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.47$0.03$2.27$1.76$0.51
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.70$0.45$1.94$1.88$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.13$0.65$0.52$1.75$1.81$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.63$0.46$1.53$1.62$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.52$0.38$1.28$1.45$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.33$0.22$1.32$1.30$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.36$0.24$1.47$1.42$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.45$0.30$1.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.35$0.31$1.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.29$0.17$1.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.27$0.22$1.55