Civic Intelligence

Franklin Parish Council on the Aging Inc.

990 • Fiscal year 2020 • EIN 72-0793495

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 30, 2020

714 Adams StreetWinnsboro, LA 71295

(318) 435-7579

Siviq Scores

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

Liabilities / Assets

47th percentile

0.03x

Higher debt load relative to assets than 47% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

47th percentile

0.04x

Higher debt load relative to revenue than 47% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

43rd percentile

2.7%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$52,239

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

40th percentile

2.0%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

79th percentile

30%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$587,341

Up $11,588 (+2.0%) from 2019

Net Assets

Up

$566,868

Up $12,153 (+2.2%) from 2019

Liabilities

Down

$20,473

Down $565 (-2.7%) from 2019

Revenue

Up

$458,314

Up $104,673 (+30%) from 2019

Expenses

Up

$446,161

Up $64,474 (+17%) from 2019

Net Income

Up

$12,153

Up $40,199 (+143%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $416,154Liabilities 2011: $33,846Net Assets 2011: $382,3082011Assets 2012: $445,332Liabilities 2012: $42,117Net Assets 2012: $403,2152012Assets 2013: $459,985Liabilities 2013: $37,361Net Assets 2013: $422,6242013Assets 2014: $479,488Liabilities 2014: $28,969Net Assets 2014: $450,5192014Assets 2015: $582,064Liabilities 2015: $29,130Net Assets 2015: $552,9342015Assets 2016: $570,697Liabilities 2016: $23,074Net Assets 2016: $547,6232016Assets 2017: $590,054Liabilities 2017: $19,569Net Assets 2017: $570,4852017Assets 2018: $601,353Liabilities 2018: $18,592Net Assets 2018: $582,7612018Assets 2019: $575,753Liabilities 2019: $21,038Net Assets 2019: $554,7152019Assets 2020: $587,341Liabilities 2020: $20,473Net Assets 2020: $566,8682020Assets 2021: $541,304Liabilities 2021: $26,561Net Assets 2021: $514,7432021Assets 2022: $544,239Liabilities 2022: $19,764Net Assets 2022: $524,4752022Assets 2023: $459,930Liabilities 2023: $10,288Net Assets 2023: $449,6422023Assets 2024: $482,813Liabilities 2024: $14,919Net Assets 2024: $467,8942024Assets 2025: $554,758Liabilities 2025: $20,497Net Assets 2025: $534,2612025

Highlighted filing

2020

Assets$587,341
Liabilities$20,473
Net Assets$566,868

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $410,285Expenses 2011: $381,749Net Income 2011: $28,5362011Revenue 2012: $403,879Expenses 2012: $382,972Net Income 2012: $20,9072012Revenue 2013: $402,876Expenses 2013: $383,467Net Income 2013: $19,4092013Revenue 2014: $411,515Expenses 2014: $383,620Net Income 2014: $27,8952014Revenue 2015: $462,990Expenses 2015: $360,575Net Income 2015: $102,4152015Revenue 2016: $333,046Expenses 2016: $338,357Net Income 2016: -$5,3112016Revenue 2017: $341,790Expenses 2017: $319,205Net Income 2017: $22,5852017Revenue 2018: $343,261Expenses 2018: $330,985Net Income 2018: $12,2762018Revenue 2019: $353,641Expenses 2019: $381,687Net Income 2019: -$28,0462019Revenue 2020: $458,314Expenses 2020: $446,161Net Income 2020: $12,1532020Revenue 2021: $481,476Expenses 2021: $533,601Net Income 2021: -$52,1252021Revenue 2022: $528,754Expenses 2022: $588,560Net Income 2022: -$59,8062022Revenue 2023: $513,048Expenses 2023: $587,881Net Income 2023: -$74,8332023Revenue 2024: $594,256Expenses 2024: $576,004Net Income 2024: $18,2522024Revenue 2025: $628,001Expenses 2025: $569,984Net Income 2025: $58,0172025

Highlighted filing

2020

Revenue$458,314
Expenses$446,161
Net Income$12,153
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 30, 2020
Return Version
2019v5.0
Gross Receipts
$458,314
Mission and Program Overview

Mission

The primary function of the Franklin Council on Aging, Inc. is to improve the quality of life for the parish's elderly and to provide services to the elderly as well as coordinate and monitor the services of other local agencies serving the aging people of the parish.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$520,127$510,256▼ $9,871
Savings and Temporary Cash Investments$332,762$274,854▼ $57,908
Cash and Non-Interest-Bearing Accounts$199,909$246,789▲ $46,880
Land, Buildings, and Equipment, Net$34,588$56,612▲ $22,024
Pd in Cap Srpls Land Bldg Eqp Fund$34,588$56,612▲ $22,024
Accounts Receivable$8,394$8,986▲ $592
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$575,753$587,341▲ $11,588
Other Assets Total$100$100→ $0
Liabilities
Accounts Payable and Accrued Expenses$14,017$12,025▼ $1,992
Other Liabilities$7,021$8,448▲ $1,427
Total Liabilities$21,038$20,473▼ $565
Net Assets / Fund Balance
Total Net Assets Fund Balance$554,715$566,868▲ $12,153
Total Liabilities and Net Assets / Fund Balance$575,753$587,341▲ $11,588

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$53,386$102,802$156,188
Leasehold Improvements$3,226$26,648$29,874
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kay ThompsonExecutive DirectorFT$52,239$52,239

Board Members and Trustees

NameTitle
Marvin ParkerPresident
Paul PerryVice President
Andrew WhiteDirector
Beverly RogersDirector
Bob TempleDirector
Buford BradyDirector
Cheryl DanielsDirector
Claretha WashingtonDirector
Karen RaleyDirector
Lola HittDirector
Mabel ThomasDirector
Mary WollesonSecretary
Steve JohnsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$453,419
Program Service Revenue
$0
Investment Income
$4,895
Other Revenue
$0
All Other Contributions
$235,332
Change in Net Assets
$12,153
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$278,077
Other Expenses$168,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$163,808$41,587-$205,395
Current Officers, Directors, Trustees, and Key Employees$52,239--$52,239
Other Expenses$17,761$8,495-$26,256
Payroll Taxes$17,129$3,314-$20,443
Travel$14,408$922-$15,330
Depreciation Depletion-$13,591-$13,591
Total Functional Expenses$354,222$91,939$0$446,161
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Compensated Absences$8,448
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
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, Part VI, Line 11B: Form 990 Review Process

Reviewed by Board prior to filing

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon Request

Filing and Contact Details

Filer

Filer Name
Franklin Council on Aging Inc
EIN
72-0793495
Phone
3184357579
Address
714 Adams Street, Winnsboro, LA 71295

Signing Officer

Name
Kay Thompson
Title
Executive Director
Signed
2020-11-30
Discuss with paid preparer
Yes

Organization Details

Formed
1977
Legal Domicile
La
Voting Board Members
13
Independent Board Members
13
Employees
16
Volunteers
2

Preparer

Firm
David M Hartt CPA APAC
Address
118 Fiddlers Creek Drive, West Monroe, LA 71291
Preparer
David M Hartt CPA
Phone
3185126367
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Provides education, recreation and health services to the elderly and provides aid to abused elderly.

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IRS990/MissionDesc0The primary function of the Franklin Council on Aging, Inc. is to improve the quality of life for the parish's elderly and to provide services to the elderly as well as coordinate and monitor the services of other local agencies serving the aging people of the parish.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0554715
IRS990/NetAssetsOrFundBalancesEOYAmt0566868
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0100
IRS990/OtherAssetsTotalGrp/EOYAmt0100
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Operating Services
IRS990/OtherExpensesGrp/Desc1Other Costs
IRS990/OtherExpensesGrp/Desc2Operating Supplies
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18495
IRS990/OtherExpensesGrp/ProgramServicesAmt078853
IRS990/OtherExpensesGrp/ProgramServicesAmt110024
IRS990/OtherExpensesGrp/ProgramServicesAmt217761
IRS990/OtherExpensesGrp/TotalAmt078853
IRS990/OtherExpensesGrp/TotalAmt134054
IRS990/OtherExpensesGrp/TotalAmt226256
IRS990/OtherLiabilitiesGrp/BOYAmt07021
IRS990/OtherLiabilitiesGrp/EOYAmt08448
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt041587
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0163808
IRS990/OtherSalariesAndWagesGrp/TotalAmt0205395
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03314
IRS990/PayrollTaxesGrp/ProgramServicesAmt017129
IRS990/PayrollTaxesGrp/TotalAmt020443
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt034588
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt056612
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Provide social services to the elderly and provide in-home services for frail elderly citizens.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0176021
IRS990/ProgSrvcAccomActy3Grp/Desc0Provides education, recreation and health services to the elderly and provides aid to abused elderly.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0639
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0350499
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03142
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0143307
IRS990/PYRevenuesLessExpensesAmt0-28046
IRS990/PYSalariesCompEmpBnftPaidAmt0238380
IRS990/PYTotalExpensesAmt0381687
IRS990/PYTotalRevenueAmt0353641
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt012153
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0332762
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0274854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0453419
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0350499
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0341801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0340066
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0331462
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01817247
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04895
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03142
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01460
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01724
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01584
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012805
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99300
IRS990ScheduleA/PublicSupportPY170Pct00.99490
IRS990ScheduleA/PublicSupportTotal170Amt01817247
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0453419
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0350499
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0341801
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0340066
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0331462
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01817247
IRS990ScheduleA/TotalSupportAmt01830052
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt053386
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0102802
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0156188
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03226
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt026648
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt029874
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08448
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Compensated Absences
IRS990ScheduleD/TotalBookValueLandBuildingsAmt056612
IRS990ScheduleD/TotalLiabilityAmt08448
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Provides education, recreation and health services to the elderly and provides aid to abused elderly.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Reviewed by Board prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon Request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0575753
IRS990/TotalAssetsEOYAmt0587341
IRS990/TotalAssetsGrp/BOYAmt0575753
IRS990/TotalAssetsGrp/EOYAmt0587341
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0453419
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091939
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0354222
IRS990/TotalFunctionalExpensesGrp/TotalAmt0446161

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.55$0.20$5.34$6.28$5.70$0.58
2024Detailed filing. Detailed filing data is available for this year.$4.83$0.15$4.68$5.94$5.76$0.18
2023Detailed filing. Detailed filing data is available for this year.$4.60$0.10$4.50$5.13$5.88$0.75
2022Detailed filing. Detailed filing data is available for this year.$5.44$0.20$5.24$5.29$5.89$0.60
2021Detailed filing. Detailed filing data is available for this year.$5.41$0.27$5.15$4.81$5.34$0.52
2020Detailed filing. Detailed filing data is available for this year.$5.87$0.20$5.67$4.58$4.46$0.12
2019Detailed filing. Detailed filing data is available for this year.$5.76$0.21$5.55$3.54$3.82$0.28
2018Detailed filing. Detailed filing data is available for this year.$6.01$0.19$5.83$3.43$3.31$0.12
2017Detailed filing. Detailed filing data is available for this year.$5.90$0.20$5.70$3.42$3.19$0.23
2016Detailed filing. Detailed filing data is available for this year.$5.71$0.23$5.48$3.33$3.38$0.05
2015Detailed filing. Detailed filing data is available for this year.$5.82$0.29$5.53$4.63$3.61$1.02
2014Detailed filing. Detailed filing data is available for this year.$4.79$0.29$4.51$4.12$3.84$0.28
2013Summary only. Only limited summary data is available for this year.$4.60$0.37$4.23$4.03$3.83$0.19
2012Summary only. Only limited summary data is available for this year.$4.45$0.42$4.03$4.04$3.83$0.21
2011Summary only. Only limited summary data is available for this year.$4.16$0.34$3.82$4.10$3.82$0.29
Peer Organizations

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