EIN 56-2085431

The Franklin Academy

IRS 501(c) type
501(c)(3)
Num. employees
229
Year formed
1997
Most recent tax filings
2022-06-01
NTEE code, primary
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
$17,154,874
2022
Total expenses
$14,578,907
2022
Total assets
$23,533,490
2022
Num. employees
229
2022

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.

Who funds The Franklin Academy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina High School Athletic AssociationTo Subsidize School Costs.$9,948

Personnel at The Franklin Academy

NameTitleCompensation
William H FrancisTreasurer
Robert L LuddyChairman$0
Bill FrancisPast Treasurer$0

Financials for The Franklin Academy

RevenuesFYE 06/2022
Total grants, contributions, etc.$16,404,487
Program services$279,645
Investment income and dividends$122,151
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$348,591
Total revenues$17,154,874

Form 990s for The Franklin Academy

Fiscal year endingDate received by IRSFormPDF link
2022-062023-01-16990View PDF
2021-062022-04-04990View PDF
2020-062021-05-05990View PDF
2019-062021-01-21990View PDF
2018-062019-05-14990View PDF
...and 9 more Form 990s
Data update history
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
November 16, 2022
Posted financials
Added Form 990 for fiscal year 2021
October 15, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
SchoolsCharter schoolsK-12 schoolsCharities
Issues
Education
Characteristics
Receives government fundingTax deductible donations
General information
Address
604 Franklin St
Wake Forest, NC 27587
Metro area
Raleigh-Cary, NC
Website URL
franklinacademy.orgĀ 
Phone
(919) 554-4911
Facebook page
FranklinAcademyNCĀ 
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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