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EIN 56-2085431

The Franklin Academy

IRS 501(c) type
501(c)(3)
Num. employees
234
City
Wake Forest
State
North Carolina
Year formed
1997
Most recent tax filings
2024-06-01
NTEE code, primary
B29: Charter Schools
Description
To provide an environment that fosters and encourages high standards of academic achievement, creativity, technological sophistication, the love of learning, accountability, self-esteem and the development of good citizens.
Total revenues
$18,121,235
2024
Total expenses
$15,605,186
2024
Total assets
$27,481,738
2024
Num. employees
234
2024

Program areas at The Franklin Academy

Operated charter school in wake forest north carolina - provided instruction services and facility for educational purposes as provided by north carolina charter schools, and provided nutritional food to students.

Financials for The Franklin Academy

RevenuesFYE 06/2024
Total grants, contributions, etc.$16,634,177
Program services$294,209
Investment income and dividends$630,964
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$561,885
Total revenues$18,121,235

Form 990s for The Franklin Academy

Fiscal year endingDate received by IRSFormPDF link
2024-062025-02-04990View PDF
2023-062024-02-26990View PDF
2022-062023-01-16990View PDF
2021-062022-04-04990View PDF
2020-062021-05-05990View PDF
...and 11 more Form 990s
Data update history
May 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $1,127 from AmazonSmile Foundation
July 5, 2023
Used new vendors
Identified 1 new vendor, including
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 10, 2023
Received grants
Identified 1 new grant, including a grant for $9,948 from North Carolina High School Athletic Association
Nonprofit Types
SchoolsCharter schoolsK-12 schoolsCharities
Issues
Education
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
604 S Franklin St
Wake Forest, NC 27587
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
franklinacademy.org/ 
Phone
(919) 554-4911
Facebook page
FranklinAcademyNC 
IRS details
EIN
56-2085431
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B29: Charter Schools
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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