Julie And Martin Franklin Charitable Foundation Inc
Julie And Martin Franklin Charitable Foundation Inc shows fluctuating past revenues and assets, with recent filings indicating no financial activity.
EIN: 133800643 · Miami Beach, FL · Updated: 2026-03-28
Is Julie And Martin Franklin Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Julie And Martin Franklin Charitable Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Julie And Martin Franklin Charitable Foundation Inc
Julie And Martin Franklin Charitable Foundation Inc (EIN: 133800643) is a nonprofit organization based in Miami Beach, FL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Julie And Martin Franklin Charitable 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 Julie And Martin Franklin Charitable 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Julie And Martin Franklin Charitable Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a positive for a foundation of its size.
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 Julie And Martin Franklin Charitable Foundation Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations without clear explanation.
- Significant fluctuation in annual revenue, including a negative revenue period in 201310, suggests inconsistent funding or financial management.
Strengths
The following positive indicators were identified for Julie And Martin Franklin Charitable Foundation Inc:
- No officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Significant asset growth from $3.5M in 201110 to $19.4M in 201510, demonstrating effective asset management during active periods.
Frequently Asked Questions about Julie And Martin Franklin Charitable Foundation Inc
Is Julie And Martin Franklin Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Julie And Martin Franklin Charitable Foundation Inc (EIN: 133800643) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Julie And Martin Franklin Charitable Foundation Inc spend its money?
Julie And Martin Franklin Charitable Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Julie And Martin Franklin Charitable Foundation Inc tax-deductible?
Julie And Martin Franklin Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133800643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the current operational status of the Julie And Martin Franklin Charitable Foundation Inc given its latest reported zero revenue and assets?
The latest filing showing $0 revenue and $0 assets suggests the foundation may be dormant or undergoing a significant restructuring. Further investigation into more recent filings or direct contact with the organization would be needed to confirm its current operational status.
Why was there negative revenue reported in the 201310 period?
Negative revenue of $-73,584 in 201310 could be due to various reasons such as investment losses, significant returns of contributions, or accounting adjustments. Without more detailed financial statements, the exact cause cannot be determined.
What were the primary programs funded by the foundation during its active periods?
The provided IRS 990 data does not include a breakdown of program service accomplishments or specific programs funded. This information would typically be found in Part III of the IRS Form 990.
Filing History
IRS 990 filing history for Julie And Martin Franklin Charitable Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Julie And Martin Franklin Charitable Foundation Inc's revenue has grown by 232.8%, moving from $2.8M to $9.3M. Total assets increased by 453.6% over the same period, from $3.5M to $19.4M. Total functional expenses rose by 102.8%, from $1.3M to $2.6M. In its most recent filing year (2015), Julie And Martin Franklin Charitable Foundation Inc reported a surplus of $6.7M, with revenue exceeding expenses. The organization holds $1 in liabilities against $19.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2015 | $9.3M | $2.6M | $19.4M | $1 | — | View 990 |
| 2014 | $10.6M | $1.3M | $12.7M | $1 | — | View 990 |
| 2013 | $-73,584 | $1.1M | $3.4M | $1 | — | View 990 |
| 2012 | $2.3M | $1.6M | $4.6M | $0 | — | View 990 |
| 2011 | $2.8M | $1.3M | $3.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $9.3M, expenses of $2.6M, and assets of $19.4M (revenue -12.2% year-over-year).
- 2014: Revenue of $10.6M, expenses of $1.3M, and assets of $12.7M.
- 2013: Revenue of $-73,584, expenses of $1.1M, and assets of $3.4M (revenue -103.2% year-over-year).
- 2012: Revenue of $2.3M, expenses of $1.6M, and assets of $4.6M (revenue -19.0% year-over-year).
- 2011: Revenue of $2.8M, expenses of $1.3M, and assets of $3.5M.
Data Sources and Methodology
This transparency report for Julie And Martin Franklin Charitable 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.