Franklin Foundation Inc
Franklin Foundation: Strong Assets, Opaque Operations
EIN: 222995201 · Roxbury, MA · NTEE: Z99Z · Updated: 2026-04-04
About Franklin Foundation Inc
Franklin Foundation Inc (EIN: 222995201) is a nonprofit organization based in Roxbury, MA, classified under NTEE code Z99Z. The organization reported total revenue of $10.1M and total assets of $52.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Franklin Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Franklin Foundation Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation figures are reported in the available filings.
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 Foundation Inc's IRS 990 filings:
- Consistently reports $0 in revenue, expenses, and compensation across multiple years, despite holding significant assets ($52,874,815).
- Lack of detailed financial reporting makes it impossible to determine how funds are being used or if the organization is actively pursuing its mission.
- Absence of reported program service expenses raises questions about the actual charitable activities being conducted.
Strengths
The following positive indicators were identified for Franklin Foundation Inc:
- Maintains substantial assets, indicating potential for significant future impact if operations become transparent and active.
Frequently Asked Questions about Franklin Foundation Inc
What does Franklin Foundation Inc do?
Franklin Foundation Inc is a nonprofit organization in the Unknown sector, located in Roxbury, Massachusetts. It is classified under NTEE code Z99Z.
How much revenue does Franklin Foundation Inc have?
Franklin Foundation Inc reported total revenue of $10,088,064. Based on 11 IRS 990 filings on record.
What are Franklin Foundation Inc's total assets?
Franklin Foundation Inc holds total assets of $52,874,815 as reported in IRS 990 filings.
Where is Franklin Foundation Inc located?
Franklin Foundation Inc is based in Roxbury, Massachusetts.
What is Franklin Foundation Inc's EIN?
Franklin Foundation Inc's Employer Identification Number (EIN) is 222995201. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Franklin Foundation Inc?
Franklin Foundation Inc is classified under NTEE code Z99Z (Unknown).
Is Franklin Foundation Inc a registered 501(c)(3)?
Yes, Franklin Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222995201.
Does Franklin Foundation Inc file IRS Form 990?
Yes, Franklin Foundation Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Franklin Foundation Inc's revenue in 2023?
In the 202306 filing period, Franklin Foundation Inc reported total revenue of N/A, total expenses of N/A, and net assets of $50.
Is Franklin Foundation Inc's revenue growing or declining?
Franklin Foundation Inc's revenue is relatively stable. Revenue went from N/A (202206) to N/A (202306), a 0.0% change. Based on 11 filings on record.
What is Franklin Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Franklin Foundation Inc covers tax period 202306. It shows revenue of N/A, expenses of N/A, total assets of $50, and liabilities of N/A.
Is Franklin Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Franklin Foundation Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 1 strength noted.
What are the red flags for Franklin Foundation Inc?
The following concerns were identified: Consistently reports $0 in revenue, expenses, and compensation across multiple years, despite holding significant assets ($52,874,815).. Lack of detailed financial reporting makes it impossible to determine how funds are being used or if the organization is actively pursuing its mission.. Absence of reported program service expenses raises questions about the actual charitable activities being conducted.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Franklin Foundation Inc's strengths?
Positive indicators for Franklin Foundation Inc include: Maintains substantial assets, indicating potential for significant future impact if operations become transparent and active.. These findings are derived from AI analysis of the organization's financial filings.
How does Franklin Foundation Inc compensate executives?
Executive compensation cannot be assessed as no compensation figures are reported in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Franklin Foundation Inc?
- No program service accomplishments or expenses are reported in available filings. - Administrative and fundraising expenses are consistently reported as $0. - The organization's financial activities are not clearly detailed in public records. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 revenue and expenses, how does Franklin Foundation Inc. maintain and grow its reported assets of over $52 million?
The available filings do not provide an explanation for how assets are maintained or grown without reported revenue or expenses. This suggests potential for off-book activities or a highly unusual financial structure not disclosed in public records.
What is the actual mission and operational strategy of Franklin Foundation Inc., considering the complete absence of reported program service accomplishments?
Without any reported program service accomplishments or expenses, it is impossible to discern the actual mission or operational strategy from the available public filings. The organization's purpose and activities remain entirely unclear.
Filing History
IRS 990 filing history for Franklin Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Franklin Foundation Inc's revenue has declined by 100%, moving from $1.8M to $0. Total assets increased by 35.1% over the same period, from $37 to $50. Total functional expenses fell by 100%, from $1.9M to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $50 | $0 | — | View 990 |
| 2022 | $0 | $0 | $50 | $0 | — | View 990 |
| 2021 | $0 | $0 | $50 | $0 | — | — |
| 2020 | $0 | $0 | $50 | $0 | — | — |
| 2019 | $0 | $0 | $50 | $0 | — | View 990 |
| 2017 | $0 | $0 | $50 | $0 | — | View 990 |
| 2016 | $0 | $0 | $50 | $0 | — | View 990 |
| 2015 | $0 | $0 | $50 | $0 | — | View 990 |
| 2014 | $0 | $0 | $50 | $0 | — | View 990 |
| 2013 | $332K | $332K | $50 | $0 | — | View 990 |
| 2012 | $1.8M | $1.9M | $37 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $50.
- 2022: Revenue of $0, expenses of $0, and assets of $50.
- 2021: Revenue of $0, expenses of $0, and assets of $50.
- 2020: Revenue of $0, expenses of $0, and assets of $50.
- 2019: Revenue of $0, expenses of $0, and assets of $50.
- 2017: Revenue of $0, expenses of $0, and assets of $50.
- 2016: Revenue of $0, expenses of $0, and assets of $50.
- 2015: Revenue of $0, expenses of $0, and assets of $50.
- 2014: Revenue of $0, expenses of $0, and assets of $50 (revenue -100.0% year-over-year).
- 2013: Revenue of $332K, expenses of $332K, and assets of $50 (revenue -82.0% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.9M, and assets of $37.
Data Sources and Methodology
This transparency report for Franklin Foundation 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.