Civic Intelligence

Franklin Education Foundation

990 • Fiscal year 2023 • EIN 85-2357662

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization ProfileN/A
610 RooseveltIrvine, CA 92620

(949) 872-5845

Siviq Scores

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

Liabilities / Assets

85th percentile

0.43x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

0.58x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

88th percentile

43%

Higher net margin than 88% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

72nd percentile

17%

Faster asset growth than 72% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

93%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$525,397

Up $76,272 (+17%) from 2022

Net Assets

Up

$301,372

Up $164,809 (+121%) from 2022

Liabilities

Down

$224,025

Down $88,537 (-28%) from 2022

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin88th percentile

Revenue

Up

$384,593

Up $185,514 (+93%) from 2022

Expenses

Up

$219,784

Up $23,030 (+12%) from 2022

Net Income

Up

$164,809

Up $162,484 (+6989%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$600K$400K$200K$0-$200KAssets 2021: $311,670Liabilities 2021: $177,432Net Assets 2021: $134,2382021Assets 2022: $449,125Liabilities 2022: $312,562Net Assets 2022: $136,5632022Assets 2023: $525,397Liabilities 2023: $224,025Net Assets 2023: $301,3722023Assets 2024: $80,248Liabilities 2024: $203,800Net Assets 2024: -$123,5522024

Highlighted filing

2023

Assets$525,397
Liabilities$224,025
Net Assets$301,372
Open 2023 Filing

Operations Trend

Revenue Growth89th percentile

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

$1.0M$500K$0-$500KRevenue 2021: $183,925Expenses 2021: $49,687Net Income 2021: $134,2382021Revenue 2022: $199,079Expenses 2022: $196,754Net Income 2022: $2,3252022Revenue 2023: $384,593Expenses 2023: $219,784Net Income 2023: $164,8092023Revenue 2024: $488,511Expenses 2024: $913,435Net Income 2024: -$424,9242024

Highlighted filing

2023

Revenue$384,593
Expenses$219,784
Net Income$164,809
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$384,593
Mission and Program Overview

Mission

Franklin education foundation is an in-center and online education service provider to develop, support, and enhance academic opportunities for 7g-12g aged students, as well as develop and maintain full-time educational and extracurricular programs for these students in preparing exceptionally well for admission to colleges.

The mission of this corporation is to provide college and high school students the opportunities to develop leapership skill while participating in villages around the world. This corporation's education goal is to train these students as future leaders of society working with the people in these villages to build healthier, more vital communities and, from these experiences, learning more about themseleves and becoming more productive and successful global citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$300,362$525,397▲ $225,035
Rtn Earn Endowment Incm Other Fnds$136,563$301,372▲ $164,809
Accounts Receivable$148,763--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$449,125$525,397▲ $76,272
Liabilities
Other Liabilities$177,432$223,800▲ $46,368
Accounts Payable and Accrued Expenses$135,130$225▼ $134,905
Total Liabilities$312,562$224,025▼ $88,537
Net Assets / Fund Balance
Total Net Assets Fund Balance$136,563$301,372▲ $164,809
Total Liabilities and Net Assets / Fund Balance$449,125$525,397▲ $76,272
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Yibin ZhangPresident & Director
Jill DuotoDirector
Spencer FangDirector
Lihua WangTreasurer & Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$450
Program Service Revenue
$384,106
Investment Income
$37
Other Revenue
$0
Change in Net Assets
$164,809
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$154,584
Grants and Similar Amounts Paid$65,200
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$65,200--$65,200
Fees for Services Accounting$2,459--$2,459
Office Expenses$1,521--$1,521
Other Expenses$915--$915
Total Functional Expenses$219,784$0$0$219,784
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Regents of the University of California - University of IrvineIrvine, CA-Scholarship$65,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
Loan From Others$163,800
Deferred Revenue$60,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Section B, Line 11B

“The officer of the organization will review the form 990 before it was filed.”

Form 990, Part VI, Section C, Line 18

“The information is avaiable during regular business hours upon request.”

Form 990, Part VI, Section C, Line 19

“The information is avaiable during regular business hours upon request.”

Filing and Contact Details

Filer

Filer Name
Franklin Education Foundation
EIN
85-2357662
Phone
9498725845
Address
610 ROOSEVELT, IRVINE, CA 92620

Signing Officer

Name
Yibin Zhang
Title
President
Phone
9498725845
Signed
2024-11-15

Organization Details

Principal Officer
Yibin Zhang
Formed
2020
Legal Domicile
CA
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Hu and Company Accountancy Corporation
Address
3615 WALNUT AVE, CHINO, CA 91710
Preparer
William Hu
Phone
9096282488
Raw XML Appendix362 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0135130
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0225
IRS990/AccountsReceivableGrp/BOYAmt0148763
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF THIS CORPORATION IS TO PROVIDE COLLEGE AND HIGH SCHOOL STUDENTS THE OPPORTUNITIES TO DEVELOP LEAPERSHIP SKILL WHILE PARTICIPATING IN VILLAGES AROUND THE WORLD. THIS CORPORATION'S EDUCATION GOAL IS TO TRAIN THESE STUDENTS AS FUTURE LEADERS OF SOCIETY WORKING WITH THE PEOPLE IN THESE VILLAGES TO BUILD HEALTHIER, MORE VITAL COMMUNITIES AND, FROM THESE EXPERIENCES, LEARNING MORE ABOUT THEMSELEVES AND BECOMING MORE PRODUCTIVE AND SUCCESSFUL GLOBAL CITIZENS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FRANKLIN EDUCATION FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum04087180711
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01601 S DE ANZA BLVD SUITE 106
IRS990/BooksInCareOfDetail/USAddress/CityNm0CUPERTINO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095014
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0300362
IRS990/CashNonInterestBearingGrp/EOYAmt0525397
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0450
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0450
IRS990/CYGrantsAndSimilarPaidAmt065200
IRS990/CYInvestmentIncomeAmt037
IRS990/CYOtherExpensesAmt0154584
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0384106
IRS990/CYRevenuesLessExpensesAmt0164809
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0219784
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0384593
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0EDUCATION FUNDRAISING EVENT IN CALIFORNIA
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02459
IRS990/FeesForServicesAccountingGrp/TotalAmt02459
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0YIBIN ZHANG
IRS990/Form990PartVIISectionAGrp/PersonNm1JILL DUOTO
IRS990/Form990PartVIISectionAGrp/PersonNm2SPENCER FANG
IRS990/Form990PartVIISectionAGrp/PersonNm3LIHUA WANG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER & SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt0450
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantAmt065200
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt065200
IRS990/GrantsToDomesticOrgsGrp/TotalAmt065200
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0384593
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt037
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THIS CORPROATION IS TO PROVIDE COLLEGE AND HIGH SCHOOL STUDENTS THE OPPORTUNITIES TO DEVELOP LEADERSHIP SKILL WHILE PARTICIPATING IN SUSTAINABLE DEVELOPMENT PROJECTS SERVING THE UNDERSERVED POPULATIONS IN VILLAGES AROUND THE WORLD. THIS CORPORATION'S EDUCATION GOAL IS TO TRAIN THESE STUDENTS AS FUTURE LEADERS OF SOCIETY WORKING WITH THE PEOPLE IN THESE VILLAGES TO BUILD HEALTHIER, MORE VITAL COMMUNITIES AND, FORM THESE EXPERIENCES, LEARNING MORE ABOUT THEMSELVES AND BECOMING MORE PRODUCTIVE AND SUCCESSFUL GLOBAL CITIZENS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0136563
IRS990/NetAssetsOrFundBalancesEOYAmt0301372
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01521
IRS990/OfficeExpensesGrp/TotalAmt01521
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0RENT
IRS990/OtherExpensesGrp/Desc1OUTSIDE CONTRACTORS
IRS990/OtherExpensesGrp/Desc2BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/ProgramServicesAmt096153
IRS990/OtherExpensesGrp/ProgramServicesAmt153536
IRS990/OtherExpensesGrp/ProgramServicesAmt2915
IRS990/OtherExpensesGrp/TotalAmt096153
IRS990/OtherExpensesGrp/TotalAmt153536
IRS990/OtherExpensesGrp/TotalAmt2915
IRS990/OtherLiabilitiesGrp/BOYAmt0177432
IRS990/OtherLiabilitiesGrp/EOYAmt0223800
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0YIBIN ZHANG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0384106
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0384106
IRS990/ProgSrvcAccomActy2Grp/Desc0TRAIN HIGH SCHOOL STUDENTS TO BECOME THE FUTURE LEADERS OF TOMORROW.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0219784
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0384106
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt050300
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt029140
IRS990/PYInvestmentIncomeAmt016
IRS990/PYOtherExpensesAmt0135285
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0148763
IRS990/PYRevenuesLessExpensesAmt02325
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0196754
IRS990/PYTotalProfFndrsngExpnsAmt032329
IRS990/PYTotalRevenueAmt0199079
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0164809
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0136563
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0301372
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt058972
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt050300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt093920
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0203192
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt058
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0325584
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0148763
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt090000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0564347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt058
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt0767539
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0384556
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0199063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0183920
IRS990ScheduleA/Total509Grp/TotalAmt0767539
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0384593
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0199079
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0183925
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0767597
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0163800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt160000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN FROM OTHERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED REVENUE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0223800
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt065200
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE REGENTS OF THE UNIVERSITY OF CALIFORNIA - UNIVERSITY OF IRVINE
IRS990ScheduleI/RecipientTable/RecipientEIN0952226406
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0228 ALDRICH HALL
IRS990ScheduleI/RecipientTable/USAddress/CityNm0IRVINE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd092697
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL GRANT FUNDS USED BY THE ORGANIZATION MUST BE GETTING APPROVED BY THE PRESIDENT AND THE DIRECTOR BASED ON POLICIES AND PROCEDURES ESTABLISHED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OFFICER OF THE ORGANIZATION WILL REVIEW THE FORM 990 BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE INFORMATION IS AVAIABLE DURING REGULAR BUSINESS HOURS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE INFORMATION IS AVAIABLE DURING REGULAR BUSINESS HOURS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0449125
IRS990/TotalAssetsEOYAmt0525397
IRS990/TotalAssetsGrp/BOYAmt0449125
IRS990/TotalAssetsGrp/EOYAmt0525397
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0450
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0219784
IRS990/TotalFunctionalExpensesGrp/TotalAmt0219784
IRS990/TotalGrossUBIAmt0384143
IRS990/TotalLiabilitiesBOYAmt0312562
IRS990/TotalLiabilitiesEOYAmt0224025
IRS990/TotalLiabilitiesGrp/BOYAmt0312562
IRS990/TotalLiabilitiesGrp/EOYAmt0224025
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0136563
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0301372
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0219784
IRS990/TotalProgramServiceRevenueAmt0384106
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0384593
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0384143
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0449125
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0525397
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0610 ROOSEVELT
IRS990/USAddress/CityNm0IRVINE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092620
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0YIBIN ZHANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09498725845
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0852357662
ReturnHeader/Filer/PhoneNum09498725845
ReturnHeader/Filer/USAddress/AddressLine1Txt0610 ROOSEVELT
ReturnHeader/Filer/USAddress/CityNm0IRVINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092620
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208462307
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HU AND COMPANY ACCOUNTANCY CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03615 WALNUT AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHINO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091710
ReturnHeader/PreparerPersonGrp/PhoneNum09096282488
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM HU
ReturnHeader/ReturnTs02024-11-15T19:44:54-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$525,397
Liabilities
$224,025
Net assets
$301,372
Revenue
$384,593
Expenses
$219,784
Net income
$164,809
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.80$2.04$1.24$4.89$9.13$4.25
2023Detailed filing. Detailed filing data is available for this year.$5.25$2.24$3.01$3.85$2.20$1.65
2022Detailed filing. Detailed filing data is available for this year.$4.49$3.13$1.37$1.99$1.97$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.12$1.77$1.34$1.84$0.50$1.34