Franklin Educational Distribution
Franklin Educational Distribution shows consistent asset growth and no executive compensation amidst fluctuating revenues.
EIN: 205549146 · Prescott, AZ · NTEE: B92 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $148K |
| Total Expenses | $69K |
| Program Spending | 85% |
| Net Assets | $609K |
| Transparency Score | 85/100 |
Is Franklin Educational Distribution Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Franklin Educational Distribution directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Franklin Educational Distribution
Franklin Educational Distribution (EIN: 205549146) is a nonprofit organization based in Prescott, AZ, classified under NTEE code B92. The organization reported total revenue of $148K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin Educational Distribution's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franklin Educational Distribution is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $69K |
| Surplus / Deficit | +$14K |
| Total Assets | $1.1M |
| Total Liabilities | $516K |
| Net Assets | $609K |
| Operating Margin | 16.4% |
| Debt-to-Asset Ratio | 45.9% |
| Months of Reserves | 195.8 months |
Financial Health Grade: A
In 2023, Franklin Educational Distribution reported a surplus of $14K with revenue exceeding expenses, holds 195.8 months of operating reserves (strong position), has a debt-to-asset ratio of 45.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Franklin Educational Distribution's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.7% | +60.3% | +10.5% |
| 2022 | -48.9% | +76.4% | +4.4% |
| 2021 | +206.6% | -33.1% | +9.7% |
| 2020 | +47.1% | +15.0% | -3.5% |
| 2019 | -13.8% | +34.1% | -5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Franklin Educational Distribution 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 Educational Distribution 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization or one where leadership compensation is not drawn from the organization's funds, which is highly favorable for resource allocation.
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.
Strengths
The following positive indicators were identified for Franklin Educational Distribution:
- Consistent asset growth, from $116,431 in 2015 to over $1.2 million currently.
- Zero reported officer compensation across all filings, indicating efficient use of funds.
- Strong financial health with assets consistently outweighing liabilities.
- Low expense ratios relative to revenue and asset base, suggesting good cost control.
Frequently Asked Questions about Franklin Educational Distribution
Is Franklin Educational Distribution a legitimate charity?
Franklin Educational Distribution (EIN: 205549146) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $148K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Franklin Educational Distribution spend its money?
Franklin Educational Distribution directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Franklin Educational Distribution tax-deductible?
Franklin Educational Distribution is registered as a tax-exempt nonprofit (EIN: 205549146). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Franklin Educational Distribution's spending goes to programs?
Franklin Educational Distribution directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Franklin Educational Distribution compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Franklin Educational Distribution is above average for NTEE category B92 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Franklin Educational Distribution located?
Franklin Educational Distribution is headquartered in Prescott, Arizona and files with the IRS under EIN 205549146. It is classified under NTEE code B92.
How many years of IRS 990 filings does Franklin Educational Distribution have?
Franklin Educational Distribution has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $148K in total revenue.
Is Franklin Educational Distribution a good charity?
Based on the provided financial data, Franklin Educational Distribution appears to be a well-managed organization with strong financial health, consistent asset growth, and a notable absence of executive compensation, suggesting a high dedication of resources to its mission. However, a full assessment would benefit from detailed program spending information.
How has the organization's revenue trended over the past few years?
Revenue has fluctuated significantly, peaking at $239,780 in 2021, then decreasing to $122,486 in 2022 and $82,458 in 2023. Despite these fluctuations, the organization has maintained strong asset growth.
What is the organization's financial stability?
The organization demonstrates strong financial stability, with assets consistently growing from $116,431 in 2015 to $1,209,098 currently, and assets significantly exceeding liabilities in all reported periods (e.g., $1,124,351 assets vs. $515,651 liabilities in 2023).
Filing History
IRS 990 filing history for Franklin Educational Distribution showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Franklin Educational Distribution's revenue has grown by 386.3%, moving from $17K to $82K. Total assets increased by 894.2% over the same period, from $113K to $1.1M. Total functional expenses rose by 147.8%, from $28K to $69K. In its most recent filing year (2023), Franklin Educational Distribution reported a surplus of $14K, with revenue exceeding expenses. The organization holds $516K in liabilities against $1.1M in assets (debt-to-asset ratio: 45.9%), resulting in net assets of $609K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82K | $69K | $1.1M | $516K | — | View 990 |
| 2022 | $122K | $43K | $1.0M | $422K | — | View 990 |
| 2021 | $240K | $24K | $975K | $459K | — | View 990 |
| 2020 | $78K | $36K | $889K | $589K | — | View 990 |
| 2019 | $53K | $32K | $921K | $663K | — | View 990 |
| 2018 | $62K | $24K | $972K | $735K | — | View 990 |
| 2017 | $85K | $23K | $994K | $795K | — | View 990 |
| 2016 | $30K | $9K | $997K | $860K | — | View 990 |
| 2015 | $18K | $23K | $116K | $0 | — | View 990 |
| 2014 | $24K | $15K | $122K | $2 | — | View 990 |
| 2013 | $29K | $24K | $117K | $5K | — | View 990 |
| 2012 | $9K | $13K | $108K | $0 | — | View 990 |
| 2011 | $17K | $28K | $113K | $977 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82K, expenses of $69K, and assets of $1.1M (revenue -32.7% year-over-year).
- 2022: Revenue of $122K, expenses of $43K, and assets of $1.0M (revenue -48.9% year-over-year).
- 2021: Revenue of $240K, expenses of $24K, and assets of $975K (revenue +206.6% year-over-year).
- 2020: Revenue of $78K, expenses of $36K, and assets of $889K (revenue +47.1% year-over-year).
- 2019: Revenue of $53K, expenses of $32K, and assets of $921K (revenue -13.8% year-over-year).
- 2018: Revenue of $62K, expenses of $24K, and assets of $972K (revenue -27.1% year-over-year).
- 2017: Revenue of $85K, expenses of $23K, and assets of $994K (revenue +181.5% year-over-year).
- 2016: Revenue of $30K, expenses of $9K, and assets of $997K (revenue +65.0% year-over-year).
- 2015: Revenue of $18K, expenses of $23K, and assets of $116K (revenue -23.7% year-over-year).
- 2014: Revenue of $24K, expenses of $15K, and assets of $122K (revenue -17.4% year-over-year).
- 2013: Revenue of $29K, expenses of $24K, and assets of $117K (revenue +239.4% year-over-year).
- 2012: Revenue of $9K, expenses of $13K, and assets of $108K (revenue -49.7% year-over-year).
- 2011: Revenue of $17K, expenses of $28K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franklin Educational Distribution:
Data Sources and Methodology
This transparency report for Franklin Educational Distribution 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.