NonprofitsFranklin School Facilities Corporation

Education

Franklin School Facilities Corporation

SPARTANBURG, SC

Total revenue

$129K

Total expenses

$509K

Net assets

Grants received

$865K

5 grants

EIN

831053789

Tax year

2023

Mission

To assist and support northside development corporation, a south carolina nonprofit corporation having received a determination of exemption from federal income taxation from the internal revenue service in accordance with section 501(c)(3) of the code ("ndc") in furtherance of its exempt purposes by inter alia, acquiring, developing, selling, donating, contributing, owning, operating, leasing, managing, or granting rights of access, use or possession, of real property and improvements thereon in the area of the city of spartanburg, south carolina (the "city") commonly referred to as "northside," including but not limited to, facilities used as early childhood educational facilities. Without limitation of the foregoing, the purposes of ndc to be supported by activities of the corporation include (i) purchasing or otherwise acquiring, (ii) selling or otherwise transferring, (iii) leasing, (iv) managing and/or developing or redeveloping real property and improvements thereon within the n

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$127K
Investment income$2K
Other revenue
Total revenue$129K

Expenses

Grants paid$25K
Salaries & benefits
Fundraising
Other expenses$484K
Total expenses$509K
Total assets$8.3M
Net assets

People

5 listed

NameRoleCompensation

TAMMIE HOY HAWKINS

TRUSTEE

Board

2 hrs/wk

WILLIAM BARNET III

CHAIRMAN

Board

2 hrs/wk

ED MEMMOTT

SECRETARY/TR

Board

2 hrs/wk

CAREY ROTHSCHILD

TRUSTEE

Board

2 hrs/wk

TIM SCHMITZ

TRUSTEE

Board

2 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$110K
LOAN INTEREST
2019
$285K
LOAN INTEREST
2018
$76K
SITE FOR SCHOOL
2018

Funded by

$865K from 1 funder · 5 grants · 2018–2020

Northside Development Corporation

$865K · 5 grants · 2018–2020

Details

EIN831053789
NTEE codeB11
Subsection03
Ruling date2019-04
Formed2018
Employees0
FRANKLIN SCHOOL FACILITIES CORPORATION — Mission, Financials & Grants Received | Grantivo