Franklin Educational Foundation Inc in Franklin, Wisconsin (WI)
Table of contents:
Franklin Educational Foundation Inc | |
Employer Identification Number (EIN) | 391862024 |
Name of Organization | Franklin Educational Foundation Inc |
Address | 8255 W Forest Hill Ave, Franklin, WI 53132-9705 |
Activities | Described in section 170(b)1)(a)(vi) of the Code, Gifts, grants, or loans to other organizations |
Subsection | Charitable Organization |
Ruling Date | 01/1997 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $25,000 to $99,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $64,905 |
Amount of Income | $109,657 |
Form 990 Revenue Amount | $81,038 |
National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations |
Non-representatives - add comments:
Amount of income in 2013: $109,657 (it was $144,589 in 2012)
Franklin Educational Foundation Inc: | $109,657 |
Other organizations performing similar types of work: | $105,489 |
Assets in 2013: $64,905 (it was $81,602 in 2012)
Franklin Educational Foundation Inc: | $64,905 |
Other organizations performing similar types of work: | $325,460 |
Expenses in 2013: $89,923
This organization: | $89,923 |
Other organizations performing similar types of work: | $49,058 |
Income to expenses ratio in 2013: 1.2
Franklin Educational Foundation Inc: | 1.2 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 32.8%
Franklin Educational Foundation Inc: | 32.8% |
Other organizations performing similar types of work: | 22.8% |
Revenue for 2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $132,712 | $112,049 | $81,038 |
Contributions, gifts, grants, and similar amounts received | $49,463 | $48,363 | $26,562 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $417 | $135 | $35 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $82,832 | $63,551 | $54,441 |
Gross income from gaming | $0 | $0 | $0 |
Gross income from fundraising events | $128,384 | $96,091 | $83,060 |
Less: direct expenses from gaming and fundraising events | $45,552 | $32,540 | $28,619 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 |
Other revenue | $0 | $0 | $0 |
Total expenses | $141,001 | $137,958 | $89,923 |
Total net assets | $91,491 | $65,582 | $56,697 |
Excess/Deficit for the year | $-8,289 | $-25,909 | $-8,885 |
Net assets or fund balances at beginning of year | $99,780 | $91,491 | $65,582 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $65,582 | $56,697 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $159,618 | $81,602 | $64,905 |
Total liabilities | $68,127 | $16,019 | $8,208 |
Net assets or fund balances | $91,491 | $65,582 | $56,697 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | No | No | |
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
Total amount involved | $0 | $0 | |
Initiation fees and capital contributions | $0 | $0 | $0 |
Gross receipts for public use of club facilities | $0 | $0 | $0 |
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
Reason for Public Charity Status (for 2013) | |
The organization is not a private foundation because it is: | An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) |
Number of organizations supported | 1 |
Sum of amounts of support | $0 |
Write your review! |
|
Recently Added Reviews |
Milwaukee Sharon Junior Academy, Lake Region Conference Of Seventh-D in Milwaukee, WI
|
Wisconsin Conservatory Of Music Inc in Milwaukee, WI |
Milwaukee Striders Track Club Inc, Joe Sims' Milwaukee Striders Track Club in Milwaukee, WI
|
Crossroads Outreach Center Inc in Ashland, WI
|
The Butler Community Foundation Inc in Butler, WI
|
Shih Tzu Rescue Of Central Wi Inc in Schofield, WI |
Two Left Paws Animal Sanctuary Inc in Sheboygan, WI |
Pell Lake St Marys Memorial Food Pantry Inc in Pell Lake, WI
|
Friends Of Foxfire Society in Marshfield, WI
|
Mama Deltas Lovehouse in Milwaukee, WI
|
Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Ronald & Joyce Wanek Foundation Ltd | 1 Ashley Way, Arcadia, WI 54612-1218 | WI | 2000-04 | $65,238,742 |
2 | Thomas J And Carol J Joseph Foundation Inc | 4490 Harbor Village Dr, Omro, WI 54963-9499 | WI | 2013-02 | $9,094,240 |
3 | Sally Mead Hands Foundation | 404 S Blount St Unit 101, Madison, WI 53703-3578 | WI | 2009-05 | $8,975,077 |
4 | Ruud Family Foundation Inc | PO BOX 81188, Racine, WI 53408-1188 | WI | 1999-04 | $8,013,505 |
5 | Nahey Charitable Foundation, Prairie Preserve | 600 College Ave, Pewaukee, WI 53072-3572 | WI | 2014-08 | $8,003,917 |
6 | Jordan Family Foundation Inc | 780 N Water St, Milwaukee, WI 53202-3512 | WI | 2008-07 | $7,822,744 |
7 | Sentry Insurance Foundation Inc | 1800 N Point Dr, Stevens Point, WI 54481-1253 | WI | 1995-01 | $5,063,513 |
8 | Sarah Margaret Hegarty Foundation Inc | W326n7030 Northlake Dr, Hartland, WI 53029-8543 | WI | 2008-02 | $4,323,149 |
9 | Treffert Family Foundation Inc | 3415 Gateway Road, Brookfield, WI 53045-5166 | WI | 2007-08 | $3,070,285 |
10 | Fotsch Family Foundation | 20985 Carrington Dr, Brookfield, WI 53045-1823 | WI | 2013-10 | $3,028,591 |
11 | Robert And Patricia Endries Familyfoundation Ltd | 4455 W Lawrence St, Appleton, WI 54914-4065 | WI | 2006-09 | $2,856,386 |
12 | Haeger Foundation | PO BOX 528, East Troy, WI 53120-0528 | WI | 2013-08 | $2,763,492 |
13 | Stollenwerk Family Foundation Inc | 10941 N Range Line Rd, Mequon, WI 53092-4927 | WI | 2013-06 | $2,221,726 |
14 | Terri & Verne Holoubek Family Foundation Inc | 6545 Donegal Rd, Hartford, WI 53027-8829 | WI | 2007-02 | $1,562,931 |
15 | Dohmen Company Foundation Inc | 190 N Milwaukee St, Milwaukee, WI 53202-6013 | WI | 2008-07 | $1,500,000 |
16 | Timothy And Vivian Sullivan Family Charitable Foundation | 5270 N Lake Dr, Whitefish Bay, WI 53217-5369 | WI | 2013-04 | $1,331,475 |
17 | William A And Grace D Boettcher Foundation Inc | 1329 W Grand Ave, Prt Washingtn, WI 53074-2043 | WI | 2007-02 | $1,132,896 |
18 | Wps Charitable Foundation Inc, Emp Hlth Cr & Other Ewbtt | 1717 W Broadway, Monona, WI 53713-1834 | WI | 1988-02 | $1,048,312 |
19 | Karen K St John Charitable Education Trust | 3913 W Prospect Ave Ste 201, Appleton, WI 54914-8797 | WI | 2013-06 | $1,022,592 |
20 | Wahlin Foundation Inc | PO BOX 328, Stoughton, WI 53589-0328 | WI | 1999-09 | $982,750 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total | 22,395 |
Organization representatives - add corrected or new information about Franklin Educational Foundation Inc »
Non-representatives - add comments about Franklin Educational Foundation Inc»