Civic Intelligence

Franklin Alumni Association and Foundation

990EZ • Fiscal year 2018 • EIN 91-1746251

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 19, 2019

PO Box 28276Seattle, WA 98118

(206) 850-8224

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

4th percentile

-120%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

32nd percentile

-7.6%

Faster asset growth than 32% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-50%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$485,685

Down $40,079 (-7.6%) from 2017

Net Assets

Down

$485,685

Down $40,079 (-7.6%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$33,385

Down $33,754 (-50%) from 2017

Expenses

Down

$73,464

Down $4,309 (-5.5%) from 2017

Net Income

Down

-$40,079

Down $29,445 (-277%) from 2017

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: $550,026Liabilities 2011: $55,306Net Assets 2011: $494,7202011Assets 2012: $590,670Liabilities 2012: $55,306Net Assets 2012: $535,3642012Assets 2013: $496,638Liabilities 2013: $2,000Net Assets 2013: $494,6382013Assets 2014: $495,528Liabilities 2014: $0Net Assets 2014: $495,5282014Assets 2015: $487,248Liabilities 2015: $0Net Assets 2015: $487,2482015Assets 2016: $516,685Liabilities 2016: $0Net Assets 2016: $516,6852016Assets 2017: $525,764Liabilities 2017: $0Net Assets 2017: $525,7642017Assets 2018: $485,685Liabilities 2018: $0Net Assets 2018: $485,6852018Assets 2019: $524,502Liabilities 2019: $0Net Assets 2019: $524,5022019Assets 2020: $512,576Liabilities 2020: $0Net Assets 2020: $512,5762020Assets 2021: $596,614Liabilities 2021: $0Net Assets 2021: $596,6142021Assets 2022: $606,295Liabilities 2022: $0Net Assets 2022: $606,2952022Assets 2023: $643,380Liabilities 2023: $0Net Assets 2023: $643,3802023Assets 2024: $773,729Liabilities 2024: $0Net Assets 2024: $773,7292024

Highlighted filing

2018

Assets$485,685
Liabilities$0
Net Assets$485,685

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $55,557Expenses 2011: $49,874Net Income 2011: $5,6832011Revenue 2012: $104,047Expenses 2012: $45,691Net Income 2012: $58,3562012Revenue 2013: $52,325Expenses 2013: $123,411Net Income 2013: -$71,0862013Revenue 2014: $76,634Expenses 2014: $94,393Net Income 2014: -$17,7592014Revenue 2015: $69,437Expenses 2015: $66,345Net Income 2015: $3,0922015Revenue 2016: $92,751Expenses 2016: $76,739Net Income 2016: $16,0122016Revenue 2017: $67,139Expenses 2017: $77,773Net Income 2017: -$10,6342017Revenue 2018: $33,385Expenses 2018: $73,464Net Income 2018: -$40,0792018Revenue 2019: $39,885Expenses 2019: $6,304Net Income 2019: $33,5812019Revenue 2020: $46,352Expenses 2020: $69,636Net Income 2020: -$23,2842020Revenue 2021: $0Expenses 2021: $77,127Net Income 2021: -$77,1272021Revenue 2022: $131,101Expenses 2022: $97,902Net Income 2022: $33,1992022Revenue 2023: $116,548Expenses 2023: $136,264Net Income 2023: -$19,7162023Revenue 2024: $156,952Expenses 2024: $111,096Net Income 2024: $45,8562024

Highlighted filing

2018

Revenue$33,385
Expenses$73,464
Net Income-$40,079
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 19, 2019
Return Version
2018v3.0
Gross Receipts
$62,767
Mission and Program Overview

Mission

The Franklin Alumni Association & Foundation exists to enhance the educational experience of the students at Franklin High School. We also keep alumni connected with each other and with Franklin High School.

Program Services

DescriptionGrantsExpenses
FAA&F provides grants to enhance the educational experience of Franklin students. We are committed provide a predictable $30,000 a year to grants each year and then fund other grants as funds are available. We are proud of the support we can provide, meeting a gap in funding enrichment programs that cannot be met by a school with a student population that is at least two-thirds on free and reduced lunch. These grants, over the course of the year, impacted nearly every student and staff member at Franklin High School - more than 1400 in total. In 2018 we provided grants to support: athletic team uniforms and equipment, Writers in Schools, library book subscriptions, the robotics team, a mural wall, and a field trip for the drama department.$0$38,772
Scholarships: Sixteen graduating seniors received scholarships for post high school education from three scholarship funds - the Franklin Scholarship fund primarily focusing on successful students with financial need (9 @ $2000 each); the Nakagawa Scholarship for athletes (1 @ $1000 each); the Swarts Science College Science Scholarship (2 @ $1000 each); Ed Lee Leadership Scholarship (3@$1000).$0$24,000
Quaker Times: We mailed a newsletter to more than 2000 alumni. The newsletter informs alumni about class reunions, features stories about current students and alumni, and gives updates about Franklin high school. This allows alumni to maintain connections with each other and to encourage connection with and investment in current Franklin High School needs. (Program service expenses listed under mailing expenses)$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tairea VelasquezPresidentPT$0--
Stephanie RaglandVice PresidentPT$0--
Sara ThompsonSecretaryPT$0--
Susana TanticoTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Franklin Alumni Association and Foundation
EIN
91-1746251
Phone
2068508224
Address
PO Box 28276, Seattle, WA 98118

Signing Officer

Name
Tairea Velasquez
Title
President
Phone
2068508224
Signed
2019-09-19
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Grants to programs $39,772, Scholarships $24,000.

Form 990-EZ, Part I, Line 16

Insurance permits and fees totaled $2,004.

Raw XML Appendix244 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990EZ/PrimaryExemptPurposeTxt0The Franklin Alumni Association & Foundation exists to enhance the educational experience of the students at Franklin High School. We also keep alumni connected with each other and with Franklin High School.
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IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FAA&F provides grants to enhance the educational experience of Franklin students. We are committed provide a predictable $30,000 a year to grants each year and then fund other grants as funds are available. We are proud of the support we can provide, meeting a gap in funding enrichment programs that cannot be met by a school with a student population that is at least two-thirds on free and reduced lunch. These grants, over the course of the year, impacted nearly every student and staff member at Franklin High School - more than 1400 in total. In 2018 we provided grants to support: athletic team uniforms and equipment, Writers in Schools, library book subscriptions, the robotics team, a mural wall, and a field trip for the drama department.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Scholarships: Sixteen graduating seniors received scholarships for post high school education from three scholarship funds - the Franklin Scholarship fund primarily focusing on successful students with financial need (9 @ $2000 each); the Nakagawa Scholarship for athletes (1 @ $1000 each); the Swarts Science College Science Scholarship (2 @ $1000 each); Ed Lee Leadership Scholarship (3@$1000).
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Quaker Times: We mailed a newsletter to more than 2000 alumni. The newsletter informs alumni about class reunions, features stories about current students and alumni, and gives updates about Franklin high school. This allows alumni to maintain connections with each other and to encourage connection with and investment in current Franklin High School needs. (Program service expenses listed under mailing expenses)
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0We did not have "other income."
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1We did not report "other income."
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A, Part III, Line 12
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt063645
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt062767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt092109
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt076679
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt071623
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt081713
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0384891
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants to programs $39,772, Scholarships $24,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance permits and fees totaled $2,004.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0We received and extension.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Tairea Velasquez
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02068508224
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Franklin Alumni Association and Foundation
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0911746251
ReturnHeader/Filer/PhoneNum02068508224
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 28276
ReturnHeader/Filer/USAddress/CityNm0Seattle
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098118
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.113.79.112
ReturnHeader/ReturnTs02019-09-19T19:41:23-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.74$0.00$7.74$1.57$1.11$0.46
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.43$0.00$6.43$1.17$1.36$0.20
2022Detailed filing. Detailed filing data is available for this year.$6.06$0.00$6.06$1.31$0.98$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.97$0.00$5.97$0.00$0.77$0.77
2020Detailed filing. Detailed filing data is available for this year.$5.13$0.00$5.13$0.46$0.70$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.25$0.00$5.25$0.40$0.06$0.34
2018Detailed filing. Detailed filing data is available for this year.$4.86$0.00$4.86$0.33$0.73$0.40
2017Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$0.67$0.78$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.17$0.00$5.17$0.93$0.77$0.16
2015Detailed filing. Detailed filing data is available for this year.$4.87$0.00$4.87$0.69$0.66$0.03
2014Detailed filing. Detailed filing data is available for this year.$4.96$0.00$4.96$0.77$0.94$0.18
2013Detailed filing. Detailed filing data is available for this year.$4.97$0.02$4.95$0.52$1.23$0.71
2012Summary only. Only limited summary data is available for this year.$5.91$0.55$5.35$1.04$0.46$0.58
2011Summary only. Only limited summary data is available for this year.$5.50$0.55$4.95$0.56$0.50$0.06