Franklin Center for Global Policy Exchange

EIN: 521159816 501(c)(3)

Washington, DC

Total Revenue
$2,104,919
Total Expenses
$1,405,043
Total Assets
$6,620,425
Net Assets
$5,487,364
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
DC
Principal Officer
James K Conzelman
Phone
2022161008
Tax Period
2023-01-01 to 2023-12-31

Franklin Center for Global Policy Exchange, founded in 1978, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $700K, a strong 33% operating margin.

Mission

Founded in 1978, the Franklin Center for Global Policy Exchange (Franklin Center) is a non-partisan, non-profit 501(c)(3) organization committed to enhancing global understanding of important international issues. The Franklin Center brings together members of the U.S. Congress and their international parliamentary counterparts as well as experts from the diplomatic corps, foreign officials, senior private sector representatives, scholars, and other public policy experts. Through conferences and events where leading international opinion leaders share ideas, the Franklin Center promotes enlightened, balanced, and unbiased international policy discussion on major international issues.

Program Service Accomplishments

Program 1
Expenses: $892,187

Public Policy and Dialogue: Providing educational events which further awareness of public policy issues. The Center holds forums to present timely discussions on national and international issues of...

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Public Policy and Dialogue: Providing educational events which further awareness of public policy issues. The Center holds forums to present timely discussions on national and international issues of concern to policy makers and members, or to build upon policy discussions from the most recent Capital to Capital exchange, in London, England. Discussions are held in Washington, DC and bring together experts to address the group and include an exchange of ideas. In 2023, we held 48 in-person events with vigorous discussion and participation by the attendees. We organized policy tours at Mount Rushmore and surrounding national parks. The Center also hosts the Capital to Capital Exchange which brings together US Congressional leaders, member of the diplomatic community, corporate policy experts, scholars, parliamentarians, government leaders, and business leaders from a host country where the conference is held to discuss pressing international issues. By discussing issues such as international trade, energy, transportation, health, security, etc., policy makers gain a greater understanding of the global challenges facing the US and other countries. August 7-11, 2023, Capital to Capital Exchange was held in London, England.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,594,115
Program Service Revenue $382,700
Investment Income $128,104
Other Revenue $0
TOTAL REVENUE $2,104,919

Expense Breakdown

Grants Paid $0
Salaries & Benefits $626,552
Fundraising Expenses $246,230
Program Expenses $892,187
Other Expenses $778,491
TOTAL EXPENSES $1,405,043

Year-over-Year Comparison

2023 2022 Change
Revenue $2,104,919 $1,909,823 +0.1%
Expenses $1,405,043 $1,305,319 +0.1%
Net Income $699,876 $604,504 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
19
Employees
N/A
Volunteers
19

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$333,613
Total Directors
21
$467,360
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James K Conzelman President 20.00
Officer Director
$312,142 $21,471 $333,613
Terri McIntosh Director 50.00
Director
$123,000 $10,747 $133,747
Marcel Dubois Director 0.10
Director
$0 $0 $0
Bart Gordon Vice Chair 0.20
Officer Director
$0 $0 $0
Anne Esposito Director 0.10
Director
$0 $0 $0
Scott Salmon Treasurer 0.20
Officer Director
$0 $0 $0
Mike Dubke Secretary 0.10
Officer Director
$0 $0 $0
Lance Magnum Director 0.10
Director
$0 $0 $0
James Renacci Vice Chair 0.10
Officer Director
$0 $0 $0
Christopher Wenk Director 0.10
Director
$0 $0 $0
Libby Coffin Director 0.10
Director
$0 $0 $0
Sam DePoy Director 0.10
Director
$0 $0 $0
Stacey Glasscock Director 0.10
Director
$0 $0 $0
Shelley Stewart Director 0.10
Director
$0 $0 $0
Shelley Rubino Director 0.10
Director
$0 $0 $0
Joyce Rogers Director 0.10
Director
$0 $0 $0
Laurie Knight Director 0.10
Director
$0 $0 $0
Hollyn Schuemann Director 0.10
Director
$0 $0 $0
Dave Camp Chairman 0.25
Officer Director
$0 $0 $0
Stephen Hartell Director 0.10
Director
$0 $0 $0
Jonathan Heafitz Director 0.10
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,104,919 $1,405,043 $6,620,425 $699,876
2022 $1,909,823 $1,305,319 $5,834,227 $604,504
2021 $1,282,603 $708,784 $5,390,724 $573,819
2020 $1,340,015 $570,989 $4,604,736 $769,026
2019 $1,574,680 $1,201,819 $3,569,488 $372,861
2018 $1,421,972 $836,827 $3,343,491 $585,145
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