FRANKLIN EDUCATION FOUNDATION (EIN 852357662) - 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

2020

Legal Domicile

Principal Officer

YIBIN ZHANG

Phone

9258990423

Tax Period

2024-01-01 to 2024-12-31

FRANKLIN EDUCATION FOUNDATION, founded in 2020, is a small nonprofit in the Education sector that reported $489K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $913K exceeded revenue, resulting in a 87% operating deficit.

Mission

THE MISSION OF THIS CORPORATION IS TO PROVIDE COLLEGE AND HIGH SCHOOL STUDENTS THE OPPORTUNITIES TO DEVELOP LEAPERSHIP SKILL WHILE PARTICIPATING IN VILLAGES AROUND THE WORLD. THIS CORPORATION'S EDUCATION GOAL IS TO TRAIN THESE STUDENTS AS FUTURE LEADERS OF SOCIETY WORKING WITH THE PEOPLE IN THESE VILLAGES TO BUILD HEALTHIER, MORE VITAL COMMUNITIES AND, FROM THESE EXPERIENCES, LEARNING MORE ABOUT THEMSELEVES AND BECOMING MORE PRODUCTIVE AND SUCCESSFUL GLOBAL CITIZENS.

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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 $8,000

Program Service Revenue $480,462

Investment Income $49

Other Revenue $0

TOTAL REVENUE $488,511

Expense Breakdown

Grants Paid $58,146

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $913,435

Other Expenses $855,289

TOTAL EXPENSES $913,435

Year-over-Year Comparison

	2024	2023	Change
Revenue	$488,511	$384,593	+0.3%
Expenses	$913,435	$219,784	+3.2%
Net Income	$-424,924	$164,809	-3.6%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YIBIN ZHANG	PRESIDENT & DIRECTOR	3.00	Director	$0	$0	$0
SPENCER FANG	DIRECTOR	2.00	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
2024	$488,511	$913,435	$80,248	$-424,924
2023	$384,593	$219,784	$525,397	$164,809

FRANKLIN EDUCATION FOUNDATION