FRANKLIN SCHOOL

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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

2023

Legal Domicile

Principal Officer

SHAWNA BYNUM

Phone

8645867130

Tax Period

2023-07-01 to 2024-06-30

FRANKLIN SCHOOL, founded in 2023, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023.

Mission

THE MISSION OF THE FRANKIN SCHOOL IS TO OFFER EXCELLENCE IN EARLY CARE AND EDUCATION TO THE CHILDREN AND FAMILIES OF THE NORTHSIDE COMMUNITY USING A RESEARCH-BASED, COLLABORATIVE MODEL THAT SUPPORTS CHILDREN TO BE READY FOR SUCCESS IN SCHOOL AND LIFE.

Program Service Accomplishments

Program 1

Expenses: $1,044,221 Revenue: $343,209

TO PROVIDE AN EARLY LEARNING CENTER DESIGNED TO SERVE INFANTS, TODDLERS, AND PRESCHOOLERS FROM DIFFERENT SOCIO-ECONOMIC AND CULTURAL BACKGROUNDS IN AN ENVIRONMENT WHERE LEADING RESEARCH AND EXPERTISE ON EARLY EDUCATION'S BEST PRACTICES TAKE CENTER STAGE USING A STATE-OF-THE-ART BUILDING DESIGNED TO FUEL YOUNG MINDS BY PROVIDING OPTIMAL LEARNING EXPERIENCES IN BOTH INDOOR AND OUTDOOR CLASSROOMS GUIDED BY NURTURING CAREGIVERS WHO USE THE CREATIVE CURRICULUM AND CONSCIOUS DISCIPLINE.

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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 $659,867

Program Service Revenue $343,209

Investment Income $17,107

Other Revenue $117,737

TOTAL REVENUE $1,137,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $872,655

Fundraising Expenses $1,089

Program Expenses $1,044,221

Other Expenses $346,578

TOTAL EXPENSES $1,219,233

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,137,920	N/A	N/A
Expenses	$1,219,233	N/A	N/A
Net Income	$-81,313	N/A	N/A

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

$108,716

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAWNA BYNUM	EXECUTIVE DI	40.00	Officer	$77,268	$31,448	$108,716
CAROLINE GOINS	DIRECTOR	2.00	Director	$0	$0	$0
BENNIE HARRIS	DIRECTOR	2.00	Director	$0	$0	$0
CYNTHIA LOUNDS	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA MANOWSKI	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MOLLY METZ	CHAIR	2.00	Officer Director	$0	$0	$0
JEFF STEVENS	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
MICHAEL WILLIAMSON	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
2025	No data	No data	No data	No data
2024	$1,137,920	$1,219,233	$356,971	$-81,313