How Franklin Historical Society allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Franklin Historical Society
Is Franklin Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Franklin Historical Society (EIN: 10378440) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
Is Franklin Historical Society a good charity to donate to?
Franklin Historical Society has a Mission Score of 85/100. Revenue: $114K. Assets: $113K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Franklin Historical Society?
The Employer Identification Number (EIN) for Franklin Historical Society is 10378440. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Franklin Historical Society spend its money?
Franklin Historical Society allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Franklin Historical Society's tax-exempt status?
You can verify Franklin Historical Society's tax-exempt status using EIN 10378440 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Franklin Historical Society, with a modest revenue of $113,939 and assets of $113,006, appears to be a small, community-focused organization. While specific spending details beyond the provided breakdown are not available in this summary, the allocation of 75% to programs suggests a strong commitment to its mission. Given its size, it's crucial for such an organization to maintain efficient operations to maximize its impact within the community it serves. Transparency is generally expected from non-profits, and for an organization of this scale, clear communication about its financial activities and program outcomes would be beneficial to its stakeholders and potential donors.
The organization's financial health seems stable given its assets are roughly equivalent to its annual revenue, indicating a balanced financial position for a historical society of this size. The spending efficiency, as indicated by the program spending ratio, is commendable. However, without more detailed financial statements, it's difficult to fully assess the efficiency of its administrative and fundraising efforts. Overall, the Franklin Historical Society presents as a financially sound, mission-driven entity, but could enhance its public reporting to further demonstrate its transparency.