Franklin Academy Inc
Rutherfordton, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $16,397,889↓4% | $14,989,787↑3% | $25,015,003↑6% | |
| 2022 | $17,154,874↑11% | $14,578,907↑7% | $23,533,490↑12% | — |
| 2021 | $15,466,175↑4% | $13,644,190↑2% | $21,035,006↑10% | — |
| 2020 | $14,868,776↑3% | $13,392,411↑1% | $19,058,375↑2% | — |
| 2019 | $14,462,843↑7% | $13,207,508↑5% | $18,640,181↓16% | — |
| 2018 | $13,473,538↑3% | $12,594,279↑7% | $22,191,572↑1% | — |
| 2017 | $13,053,083↑4% | $11,739,653↑1% | $21,948,012↑2% | — |
| 2016 | $12,517,546↑3% | $11,677,952↑5% | $21,537,416↓1% | — |
| 2015 | $12,120,400↑3% | $11,164,844↑4% | $21,668,640↑1% | — |
| 2014 | $11,744,314↑2% | $10,770,053↑6% | $21,361,529↑1% | — |
| 2013 | $11,502,435↑3% | $10,157,604↑4% | $21,207,183↑3% | — |
| 2012 | $11,121,679↑18% | $9,741,607↑15% | $20,624,465↑3% | — |
| 2011 | $9,395,740 | $8,482,411 | $19,941,014 | — |
Frequently Asked Questions
What does Franklin Academy Inc do?▼
Franklin Academy Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Franklin Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Franklin Academy Inc has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Franklin Academy Inc generate?▼
Franklin Academy Inc reports $18.1M in annual revenue and holds $27.5M in total assets, based on IRS filings.
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