The Franklin Academy
Bellingham, Washington
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M 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 | $4,948,719↑6% | $5,539,145↑29% | $4,682,984↓70% | — |
| 2022 | $4,684,206↑15% | $4,297,610↑29% | $15,628,622 | — |
| 2021 | $4,081,655↑38% | $3,332,408↑20% | $15,603,247↑7% | — |
| 2020 | $2,958,208↓12% | $2,769,604↓6% | $14,523,786↑4% | — |
| 2019 | $3,380,624↓4% | $2,937,909↑1% | $13,978,787↑2% | — |
| 2018 | $3,519,564↑12% | $2,894,973↓8% | $13,769,821↓1% | — |
| 2017 | $3,144,255↓2% | $3,155,231↑1% | $13,917,353↓5% | — |
| 2016 | $3,198,275↓3% | $3,117,412↑3% | $14,682,581↓2% | — |
| 2015 | $3,300,075↓8% | $3,034,936↓1% | $15,004,103↓2% | — |
| 2014 | $3,590,913 | $3,053,903↓3% | $15,298,123↓4% | — |
| 2013 | $3,607,146↓13% | $3,161,283↑5% | $15,955,551↓1% | — |
| 2012 | $4,140,348↑4% | $3,000,500↑17% | $16,159,794↓1% | — |
| 2011 | $4,000,087 | $2,557,718 | $16,265,176 | — |
Frequently Asked Questions
What does The Franklin Academy do?▼
The Franklin Academy is a education nonprofit organization based in Washington. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Franklin Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, The Franklin Academy has a score of 65/100 (Grade: B+). 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 The Franklin Academy generate?▼
The Franklin Academy reports $5.8M in annual revenue and holds $5.5M in total assets, based on IRS filings.
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