Nonprofits›Franklin Academy Inc
Education
Franklin Academy Inc
RUTHERFORDTON, NC
Total revenue
$18.1M
Total expenses
$15.6M
Net assets
$27.3M
Grants received
$22K
3 grants
EIN
562085431
Tax year
2023
Mission
To provide a quality education for students in grades k-12
Financials
FY 2023
Revenue
Contributions & grants$16.6M
Program service revenue$294K
Investment income$631K
Other revenue$562K
Total revenue$18.1M
Expenses
Grants paid—
Salaries & benefits$11.9M
Fundraising$6K
Other expenses$3.7M
Total expenses$15.6M
Total assets$27.5M
Net assets$27.3M
People
6 listed
NameRoleCompensation
ROBERT L LUDDY
CHAIRMAN
Board
—
2 hrs/wk
RICK EDDINS
DIRECTOR
Board
—
1 hrs/wk
ALPHONSA C MERRITT
DIRECTOR
Board
—
1 hrs/wk
JUDY NUNNENKAMP
DIRECTOR
Board
—
1 hrs/wk
BILL FRANCIS
TREASURER
Board
—
1 hrs/wk
DENISE KENT
HEAD ADMINISTRATOR
Staff
$165K
45 hrs/wk
Grants received
Showing 3 of 3
FromAmountPurposeYear
Funded by
$22K from 1 funder · 3 grants · 2017–2020
North Carolina High School Athletic
$22K · 3 grants · 2017–2020
Details
EIN562085431
NTEE codeB24
Subsection03
Ruling date1999-03
Formed1997
Employees234
Volunteers0