Is Franklin Community Center Inc Legit?

Quick charity verification for Franklin Community Center Inc (EIN: 141667397)

Verdict: Franklin Community Center Inc appears trustworthy

85/100Mission Score
$2.6MRevenue
$4.9MAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Franklin Community Center Inc demonstrates a generally stable financial position with consistent revenue streams and asset growth over the past decade. The organization's latest reported revenue of $2,579,150 and assets of $4,873,430 indicate a healthy scale for a community-focused nonprofit. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial health appears sound. The organization has shown significant growth, with revenue increasing from $468,888 in 2014 to $1,799,397 in 2023 (excluding the outlier 2020 figure). This growth, coupled with a low liability profile (e.g., $34,897 in 2023), points to responsible financial management. The absence of reported officer compensation also enhances its transparency profile, as it indicates that leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which is a positive sign for donor confidence. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The overall trend of expenses generally tracking revenue, with some periods showing a surplus (e.g., 2023: Revenue $1,799,397 vs. Expenses $1,642,376), suggests that the organization is managing its operational costs effectively relative to its income. Further transparency on expense allocation would provide a clearer picture of its program efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages