BENJAMIN FRANKLIN ACADEMY INC (EIN 581823445) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

MARTHA B BURDETTE

Phone

4046337404

Tax Period

2024-06-01 to 2025-05-31

BENJAMIN FRANKLIN ACADEMY INC, founded in 1987, is a community nonprofit in the Education sector that reported $5.1M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $933K, a strong 18% operating margin.

Mission

TO TEACH A BASIC COLLEGE PREPARATORY HIGH SCHOOL CURRICULUM.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $638,784

Program Service Revenue $3,129,129

Investment Income $1,323,426

Other Revenue $2,131

TOTAL REVENUE $5,093,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,584,968

Fundraising Expenses $146,462

Program Expenses $3,543,757

Other Expenses $1,429,768

TOTAL EXPENSES $4,160,907

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,093,470	$4,109,007	+0.2%
Expenses	$4,160,907	$4,275,189	0.0%
Net Income	$932,563	$-166,182	-6.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$132,850

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTHA B BURDETTE	TREASURER/HE	50.00	Officer	$132,850	$0	$132,850
JANE C BLACK	BOARD PRESID	8.00	Director	$0	$0	$0
BETTY FOY BOTTS	SECRETARY	8.00	Director	$0	$0	$0
DAMERON BLACK III	SR VICE PRES	8.00	Director	$0	$0	$0
VERONA MCDUFFIE	TRUSTEE	8.00	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
2025	$5,093,470	$4,160,907	$17,142,065	$932,563
2024	$4,109,007	$4,275,189	$16,214,611	$-166,182
2023	$4,550,154	$4,026,260	$16,404,666	$523,894
2022	$4,797,504	$3,628,818	$15,844,317	$1,168,686
2021	$3,909,208	$3,556,585	$14,670,830	$352,623
2020	$3,807,084	$3,596,388	$14,325,369	$210,696
2019	$3,925,425	$3,440,260	$14,112,257	$485,165
2018	$3,669,336	$3,329,283	$13,633,238	$340,053

BENJAMIN FRANKLIN ACADEMY INC