Franklin Community Center Inc

Franklin Community Center Inc shows consistent growth and no reported officer compensation, maintaining strong assets.

EIN: 141667397 · Saratoga Spgs, NY · Updated: 2026-03-28

$2.6MRevenue

$4.9MAssets

85/100Mission Score (Excellent)

About Franklin Community Center Inc

Franklin Community Center Inc (EIN: 141667397) is a nonprofit organization based in Saratoga Spgs, NY. The organization reported total revenue of $2.6M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin Community Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Franklin Community Center Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Franklin Community Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers or that compensation is covered by other categories, which is a strong positive for directing funds to mission-related activities.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Franklin Community Center Inc's IRS 990 filings:

NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, limiting detailed efficiency analysis.

Strengths

The following positive indicators were identified for Franklin Community Center Inc:

Consistent reporting of 0% officer compensation across all filings, indicating strong resource allocation to mission.
Significant and consistent revenue growth over the past decade, demonstrating increasing support.
Healthy and growing asset base ($4,873,430 latest assets) relative to its operational size.
Low liabilities compared to assets, indicating sound financial management and minimal debt.
Positive net income in most recent years (e.g., $1,799,397 revenue vs. $1,642,376 expenses in 2023).

Frequently Asked Questions about Franklin Community Center Inc

Is Franklin Community Center Inc a good charity?

Based on the available IRS 990 data, Franklin Community Center Inc appears to be a well-managed charity. It demonstrates consistent financial growth, maintains healthy assets, and notably reports 0% officer compensation, suggesting a strong commitment to its mission.

How has the organization's revenue changed over time?

Franklin Community Center Inc has shown significant revenue growth, increasing from $468,888 in 2014 to $1,799,397 in 2023, with a peak of $3,091,199 in 2020, indicating a strong upward trend in financial support.

What is the organization's financial stability?

The organization appears financially stable, with assets consistently growing from $1,072,438 in 2014 to $4,521,605 in 2023, and liabilities remaining very low relative to assets (e.g., $34,897 in 2023).

Filing History

IRS 990 filing history for Franklin Community Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Franklin Community Center Inc's revenue has grown by 363.2%, moving from $388K to $1.8M. Total assets increased by 461.4% over the same period, from $805K to $4.5M. Total functional expenses rose by 403.1%, from $326K to $1.6M. In its most recent filing year (2023), Franklin Community Center Inc reported a surplus of $157K, with revenue exceeding expenses. The organization holds $35K in liabilities against $4.5M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $4.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.8M	$1.6M	$4.5M	$35K	—	View 990
2022	$1.8M	$1.6M	$4.2M	$43K	—	View 990
2021	$1.8M	$1.3M	$4.3M	$13K	—	View 990
2020	$3.1M	$875K	$3.9M	$143K	—	View 990
2019	$1.2M	$905K	$1.5M	$32K	—	View 990
2018	$853K	$903K	$1.1M	$34K	—	View 990
2017	$914K	$843K	$1.2M	$31K	—	—
2016	$673K	$748K	$1.1M	$28K	—	View 990
2015	$735K	$620K	$1.2M	$29K	—	View 990
2014	$469K	$370K	$1.1M	$23K	—	View 990
2013	$416K	$364K	$974K	$23K	—	View 990
2012	$425K	$324K	$918K	$19K	—	View 990
2011	$388K	$326K	$805K	$8K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.8M, expenses of $1.6M, and assets of $4.5M (revenue +2.3% year-over-year).
2022: Revenue of $1.8M, expenses of $1.6M, and assets of $4.2M (revenue -0.3% year-over-year).
2021: Revenue of $1.8M, expenses of $1.3M, and assets of $4.3M (revenue -43.0% year-over-year).
2020: Revenue of $3.1M, expenses of $875K, and assets of $3.9M (revenue +151.6% year-over-year).
2019: Revenue of $1.2M, expenses of $905K, and assets of $1.5M (revenue +44.1% year-over-year).
2018: Revenue of $853K, expenses of $903K, and assets of $1.1M (revenue -6.7% year-over-year).
2017: Revenue of $914K, expenses of $843K, and assets of $1.2M (revenue +35.7% year-over-year).
2016: Revenue of $673K, expenses of $748K, and assets of $1.1M (revenue -8.3% year-over-year).
2015: Revenue of $735K, expenses of $620K, and assets of $1.2M (revenue +56.7% year-over-year).
2014: Revenue of $469K, expenses of $370K, and assets of $1.1M (revenue +12.8% year-over-year).
2013: Revenue of $416K, expenses of $364K, and assets of $974K (revenue -2.2% year-over-year).
2012: Revenue of $425K, expenses of $324K, and assets of $918K (revenue +9.4% year-over-year).
2011: Revenue of $388K, expenses of $326K, and assets of $805K.

Data Sources and Methodology

This transparency report for Franklin Community Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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