Franklin S Charge Inc
Franklin S Charge Inc. shows highly volatile revenue and expenses, with significant asset growth and no reported officer compensation.
EIN: 201774789 · Franklin, TN · NTEE: C34 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.0M |
| Total Expenses | $119K |
| Program Spending | 80% |
| Net Assets | $5.7M |
| Transparency Score | 70/100 |
Is Franklin S Charge Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Franklin S Charge Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Franklin S Charge Inc
Franklin S Charge Inc (EIN: 201774789) is a nonprofit organization based in Franklin, TN, classified under NTEE code C34. The organization reported total revenue of $5.0M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin S Charge Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franklin S Charge Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $119K |
| Surplus / Deficit | +$4.0M |
| Total Assets | $5.7M |
| Total Liabilities | $14K |
| Net Assets | $5.7M |
| Operating Margin | 97.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 580.1 months |
Financial Health Grade: A
In 2023, Franklin S Charge Inc reported a surplus of $4.0M with revenue exceeding expenses, holds 580.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Franklin S Charge Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12758.0% | +405.1% | +227.0% |
| 2022 | +279.4% | -58.6% | +0.5% |
| 2021 | -24.4% | +92.7% | -7.3% |
| 2020 | -99.2% | -30.0% | -4.1% |
| 2019 | +2884.0% | -3.0% | +156.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 S Charge Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Franklin S Charge Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $4.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is a strong positive for financial transparency and 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.
Red Flags
The following concerns were identified during AI analysis of Franklin S Charge Inc's IRS 990 filings:
- Highly erratic revenue and expense patterns, making financial stability difficult to assess.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency analysis.
- Significant revenue in 202312 ($4,087,557) with disproportionately low expenses ($118,683), raising questions about immediate program deployment.
Strengths
The following positive indicators were identified for Franklin S Charge Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency regarding executive pay.
- Substantial growth in assets, reaching $5,737,119 in 202312, demonstrating effective asset management.
- Low liabilities in recent years, with $13,688 in 202312 and $0 in 202212, suggesting good financial control.
Frequently Asked Questions about Franklin S Charge Inc
Is Franklin S Charge Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Franklin S Charge Inc (EIN: 201774789) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Franklin S Charge Inc spend its money?
Franklin S Charge Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Franklin S Charge Inc tax-deductible?
Franklin S Charge Inc is registered as a tax-exempt nonprofit (EIN: 201774789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Franklin S Charge Inc's spending goes to programs?
Franklin S Charge Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Franklin S Charge Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Franklin S Charge Inc is above average for NTEE category C34 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Franklin S Charge Inc located?
Franklin S Charge Inc is headquartered in Franklin, Tennessee and files with the IRS under EIN 201774789. It is classified under NTEE code C34.
How many years of IRS 990 filings does Franklin S Charge Inc have?
Franklin S Charge Inc 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 $5.0M in total revenue.
Why are Franklin S Charge Inc.'s revenues and expenses so volatile year-over-year?
The provided data shows extreme fluctuations, for example, revenue jumped from $31,790 in 202212 to $4,087,557 in 202312, and expenses dropped from $2,056,216 in 201612 to $118,683 in 202312. This volatility suggests a project-based funding model or significant one-time events rather than consistent operational funding.
What is the primary use of the significant revenue surplus in 202312?
In 202312, the organization had revenue of $4,087,557 and expenses of only $118,683, resulting in a large surplus. Without detailed expense breakdowns, it's unclear if this surplus is being held for future programs, investments, or other purposes, though assets did increase significantly to $5,737,119.
How does Franklin S Charge Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based, compensated through other entities, or that the organization's structure does not involve paid officers in the traditional sense. This is unusual for an organization with assets over $5 million.
Filing History
IRS 990 filing history for Franklin S Charge Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Franklin S Charge Inc's revenue has grown by 629.6%, moving from $560K to $4.1M. Total assets increased by 479.4% over the same period, from $990K to $5.7M. Total functional expenses fell by 45%, from $216K to $119K. In its most recent filing year (2023), Franklin S Charge Inc reported a surplus of $4.0M, with revenue exceeding expenses. The organization holds $14K in liabilities against $5.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $119K | $5.7M | $14K | — | — |
| 2022 | $32K | $23K | $1.8M | $0 | — | View 990 |
| 2021 | $8K | $57K | $1.7M | $0 | — | View 990 |
| 2020 | $11K | $29K | $1.9M | $89K | — | — |
| 2019 | $1.4M | $42K | $2.0M | $116K | — | View 990 |
| 2018 | $47K | $43K | $766K | $265K | — | View 990 |
| 2017 | $127K | $63K | $867K | $369K | — | — |
| 2016 | $881K | $2.1M | $889K | $453K | — | View 990 |
| 2015 | $102K | $62K | $1.6M | $692 | — | View 990 |
| 2014 | $236K | $174K | $1.6M | $2K | — | View 990 |
| 2013 | $474K | $39K | $1.5M | $14K | — | View 990 |
| 2012 | $672K | $576K | $1.2M | $134K | — | View 990 |
| 2011 | $560K | $216K | $990K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $119K, and assets of $5.7M (revenue +12758.0% year-over-year).
- 2022: Revenue of $32K, expenses of $23K, and assets of $1.8M (revenue +279.4% year-over-year).
- 2021: Revenue of $8K, expenses of $57K, and assets of $1.7M (revenue -24.4% year-over-year).
- 2020: Revenue of $11K, expenses of $29K, and assets of $1.9M (revenue -99.2% year-over-year).
- 2019: Revenue of $1.4M, expenses of $42K, and assets of $2.0M (revenue +2884.0% year-over-year).
- 2018: Revenue of $47K, expenses of $43K, and assets of $766K (revenue -63.3% year-over-year).
- 2017: Revenue of $127K, expenses of $63K, and assets of $867K (revenue -85.6% year-over-year).
- 2016: Revenue of $881K, expenses of $2.1M, and assets of $889K (revenue +767.2% year-over-year).
- 2015: Revenue of $102K, expenses of $62K, and assets of $1.6M (revenue -57.0% year-over-year).
- 2014: Revenue of $236K, expenses of $174K, and assets of $1.6M (revenue -50.2% year-over-year).
- 2013: Revenue of $474K, expenses of $39K, and assets of $1.5M (revenue -29.5% year-over-year).
- 2012: Revenue of $672K, expenses of $576K, and assets of $1.2M (revenue +19.9% year-over-year).
- 2011: Revenue of $560K, expenses of $216K, and assets of $990K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franklin S Charge Inc:
Data Sources and Methodology
This transparency report for Franklin S Charge 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.