FRANKLIN MINISTRIES (EIN 752234423) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

BARBARA FRANKLIN

Phone

6157738480

Tax Period

2023-01-01 to 2023-12-31

FRANKLIN MINISTRIES, founded in 2003, is a small nonprofit in the Religion sector that reported $101K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $136K exceeded revenue, resulting in a 35% operating deficit.

Mission

SPREADING THE GOSPEL OF JESUS CHRIST THROUGH AN OVERSEAS MUSIC MINISTRY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $97,062

Program Service Revenue $0

Investment Income $4,109

Other Revenue $0

TOTAL REVENUE $101,171

Expense Breakdown

Grants Paid $5,925

Salaries & Benefits $65,223

Fundraising Expenses $0

Program Expenses $5,925

Other Expenses $65,121

TOTAL EXPENSES $136,269

Year-over-Year Comparison

	2023	2022	Change
Revenue	$101,171	$89,397	+0.1%
Expenses	$136,269	$114,722	+0.2%
Net Income	$-35,098	$-25,325	+0.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA FRANKLIN	PRESIDENT/DIRECTOR	20.00	Officer Director Highest	$60,000	$0	$60,000
DR FRED STIFEL	SECRETARY/DIRECTOR	2.00	Officer Director	$0	$0	$0
PATRICIA BEVERSTEIN	VICE PRESIDENT/DIRECTOR	2.00	Officer 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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$101,171	$136,269	$100,690	$-35,098
2022	$89,397	$114,722	$125,859	$-25,325
2021	$167,645	$154,322	$171,612	$13,323
2020	$100,998	$105,605	$149,533	$-4,607
2019	$117,221	$138,338	$169,834	$-21,117
2018	$106,460	$147,625	$183,149	$-41,165

FRANKLIN MINISTRIES