Franklin Force Foundation (EIN 871587326) - 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

2021

Legal Domicile

Principal Officer

Scott Whitman

Phone

3607331750

Tax Period

2023-08-01 to 2024-07-31

Franklin Force Foundation, founded in 2021, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023. The organization ran a surplus of $634K, a strong 63% operating margin.

Mission

Support the Franklin Academy.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,000,000

Program Service Revenue $0

Investment Income $187

Other Revenue $0

TOTAL REVENUE $1,000,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $271,542

Other Expenses $365,886

TOTAL EXPENSES $365,886

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,000,187	$985,155	+0.0%
Expenses	$365,886	$412,171	-0.1%
Net Income	$634,301	$572,984	+0.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Scott Whitman	President	1.00	Officer Director	$0	$0	$0
Sam Boulos	Vice President	1.00	Officer Director	$0	$0	$0
Ruby Massimo	Secretary	1.00	Officer Director	$0	$0	$0
Nicholas Kaiser	Treasurer	1.00	Officer Director	$0	$0	$0
Scott Suchan	Trustee	1.00	Director	$0	$0	$0
Rt Rev Kevin Allen	Trustee	1.00	Director	$0	$0	$0
John Jenkins	Director	1.00	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	$1,000,187	$365,886	$11,539,691	$634,301
2023	$985,155	$412,171	$10,905,390	$572,984
2022	$285,008	$40,420	$247,333	$244,588

Franklin Force Foundation