Civic Intelligence

Franklin Classical School

990 • Fiscal year 2023 • EIN 62-1637576

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

Organization ProfileWWW.FRANKLINCLASSICAL.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

78th percentile

0.37x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

0.28x

Higher debt load relative to revenue than 71% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

65th percentile

$95,657

Higher top officer pay than 65% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

53rd percentile

5.7%

Faster asset growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

23rd percentile

-12%

Faster revenue growth than 23% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$2,339,233

Up $125,645 (+5.7%) from 2022

Net Assets

Up

$1,477,890

Up $365,150 (+33%) from 2022

Liabilities

Down

$861,343

Down $239,505 (-22%) from 2022

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin67th percentile

Revenue

Down

$3,131,015

Down $415,303 (-12%) from 2022

Expenses

Up

$2,713,588

Up $124,497 (+4.8%) from 2022

Net Income

Down

$417,427

Down $539,800 (-56%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth53rd 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

2023

Assets$2,339,233
Liabilities$861,343
Net Assets$1,477,890
Open 2023 Filing

Operations Trend

Revenue Growth23rd 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

2023

Revenue$3,131,015
Expenses$2,713,588
Net Income$417,427
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$3,131,015
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$1,877,967$1,905,298▲ $27,331
Investments Other Securities$286,995$296,418▲ $9,423
Intangible Assets-$80,454-
Prepaid Expenses and Deferred Charges$33,209$55,236▲ $22,027
Accounts Receivable$2,128$1,809▼ $319
Land, Buildings, and Equipment, Net$789$18▼ $771
Total Assets$2,213,588$2,339,233▲ $125,645
Other Assets Total$12,500--
Liabilities
Other Liabilities$144,435$796,570▲ $652,135
Deferred Revenue$948,400$50,745▼ $897,655
Accounts Payable and Accrued Expenses$8,013$14,028▲ $6,015
Total Liabilities$1,100,848$861,343▼ $239,505
Net Assets / Fund Balance
Net Assets With Donor Restrictions$84,471$1,154,154▲ $1,069,683
Net Assets Without Donor Restrictions$1,028,269$323,736▼ $704,533
Total Net Assets Fund Balance$1,112,740$1,477,890▲ $365,150
Total Liabilities and Net Assets / Fund Balance$2,213,588$2,339,233▲ $125,645

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18$133,082$133,100
Other Securities$296,418--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$286,995$51,851▲ $12,087$2,210$296,418
2021$301,580-▲ $5,234$19,819$286,995
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 Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melinda MahandAcademic DeaFT$86,000$9,657$95,657
Thomas CarsonBoard MemberPT$56,150$17,962$74,112
George GrantChancellorPT$20,000-$20,000

Board Members and Trustees

NameTitle
Nicholas JonesChair
Gretchen MinardVice-chair
Sherri ClarkBoard Member
Julie BiancheriSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$290,226
Program Service Revenue
$2,799,200
Investment Income
$28,581
Other Revenue
$13,008
All Other Contributions
$290,226
Change in Net Assets
$417,427

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 AmountValuation Method
Securities Publicly Traded1$51,755Fair Market Value (FMV)
Other Non Cash Contri Table2$2,713Fair Market Value (FMV)
Total Noncash Contributions3$54,468-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,402,674
Salaries, Compensation, and Employee Benefits$1,310,914
Total Fundraising Expense$27,105
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$723,366$162,757$18,084$904,207
Occupancy$348,000$5,985-$353,985
Current Officers, Directors, Trustees, and Key Employees$211,720$47,637$5,293$264,650
All Other Expenses$227,248$1,682-$228,930
Other Expenses$100,000--$100,000
Payroll Taxes$67,382$15,161$1,685$84,228
Other Employee Benefits$30,961$6,966$774$38,701
Fees for Services Accounting-$32,097-$32,097
Insurance$23,083$5,771-$28,854
Depreciation Depletion$27,953--$27,953
Office Expenses$19,566$399-$19,965
Pension Plan Contributions$15,302$3,443$383$19,128
Information Technology$10,265$2,481$886$13,632
Advertising$1,867$1,867-$3,734
Fees for Service Investment Mgmnt Fees$2,210--$2,210
Interest-$704-$704
Total Functional Expenses$2,399,533$286,950$27,105$2,713,588
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$796,570
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Backup withholding compliance
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 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
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Hatcher
Formed
1992
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
4
Employees
47
Volunteers
40

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

“Book / tax depreciation difference 27,181”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“To provide support for student scholarships”

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IRS990/OtherExpensesGrp/Desc1ATHLETIC EXPENSES
IRS990/OtherExpensesGrp/Desc2INSTRUCTION EXPENSE
IRS990/OtherExpensesGrp/Desc3CONTRIBUTION REFUND
IRS990/OtherExpensesGrp/ProgramServicesAmt0263504
IRS990/OtherExpensesGrp/ProgramServicesAmt1216265
IRS990/OtherExpensesGrp/ProgramServicesAmt2110841
IRS990/OtherExpensesGrp/ProgramServicesAmt3100000
IRS990/OtherExpensesGrp/TotalAmt0263504
IRS990/OtherExpensesGrp/TotalAmt1216265
IRS990/OtherExpensesGrp/TotalAmt2110841
IRS990/OtherExpensesGrp/TotalAmt3100000
IRS990/OtherLiabilitiesGrp/BOYAmt0144435
IRS990/OtherLiabilitiesGrp/EOYAmt0796570
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1CAPITAL GAIN
IRS990/OtherRevenueMiscGrp/Desc2UNREALIZED GAIN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06032
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13956
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt22653
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06032
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13956
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt22653
IRS990/OtherRevenueTotalAmt012641
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018084
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0162757
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0723366
IRS990/OtherSalariesAndWagesGrp/TotalAmt0904207
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01685
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015161
IRS990/PayrollTaxesGrp/ProgramServicesAmt067382
IRS990/PayrollTaxesGrp/TotalAmt084228
IRS990/PensionPlanContributionsGrp/FundraisingAmt0383
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03443
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015302
IRS990/PensionPlanContributionsGrp/TotalAmt019128
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt033209
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt055236
IRS990/PrincipalOfficerNm0BRIAN HATCHER
IRS990/PriorPeriodAdjustmentsAmt0-79458
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1AUXILIARY REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02609676
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1189524
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02609676
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1189524
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0896054
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0104927
IRS990/PYOtherExpensesAmt01164969
IRS990/PYOtherRevenueAmt041976
IRS990/PYProgramServiceRevenueAmt02503361
IRS990/PYRevenuesLessExpensesAmt0957227
IRS990/PYSalariesCompEmpBnftPaidAmt01424122
IRS990/PYTotalExpensesAmt02589091
IRS990/PYTotalRevenueAmt03546318
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0417427
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02799200
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/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0286995
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt051851
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0296418
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt052305
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt012087
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt02210
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0301580
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0286995
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05234
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt019819
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0153168
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0103455
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0301580
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt056291
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt011334
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt084471
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt095950
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0153168
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-20557
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt06696
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0731
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt092073
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt084471
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01850
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt010184
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt018
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0133082
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0133100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0796570
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0296418
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/TotalBookValueLandBuildingsAmt018
IRS990ScheduleD/TotalBookValueSecuritiesAmt0296418
IRS990ScheduleD/TotalLiabilityAmt0796570
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/OtherNonCashContriTableGrp/ContributionCnt02
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SUPPLIES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt02713
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt051755
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/ExplanationTxt1CERTAIN 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/ExplanationTxt2SELECTED FINANCIAL INFORMATION IS AVAILABLE ON ANOTHERS NON-PROFIT WEBSITE. ALL REQUIRED INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE 27,181
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02213588
IRS990/TotalAssetsEOYAmt02339233
IRS990/TotalAssetsGrp/BOYAmt02213588
IRS990/TotalAssetsGrp/EOYAmt02339233
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0290226
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt027105

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,339,233
Liabilities
$861,343
Net assets
$1,477,890
Revenue
$3,131,015
Expenses
$2,713,588
Net income
$417,427
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