Nonprofit · EIN 14-1539746
ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY
Tax-exempt · MALONE, NY 12953
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $262,496 | $186,914 | $75,582 | $2,633,442 | $0 | $2,633,442 |
| April 30, 2024 | 990 | $152,158 | $150,698 | $1,460 | $2,557,860 | $0 | $2,557,860 |
| April 30, 2023 | 990 | $63,515 | $202,827 | -$139,312 | $2,556,403 | $0 | $2,556,403 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $17,000
- Program service revenue
- $0
- Investment income
- $245,496
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $157,260
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,800
- Program services (functional)
- $158,202
- Management and general (functional)
- $28,712
Balance sheet and other
- Total assets, start of year
- $2,557,860
- Total assets, end of year
- $2,633,442
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,633,442
- Publicly traded securities
- $2,617,115
- Net assets without donor restrictions
- $2,633,442
- Gross receipts
- $262,496
- Employees
- 0
- Year formed
- 1832
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL ARNOLD | VICE PRES Officer | – | $0 |
| WILLIAM EMPSALL | SECRETARY Officer | – | $0 |
| SHERILL GASPAR | PRESIDENT Officer | – | $0 |
| STEPHEN VANIER | TREASURER Officer | – | $0 |
990 for the year ended April 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL ARNOLD | VICE PRES Officer | – | $0 |
| WILLIAM EMPSALL | SECRETARY Officer | – | $0 |
| SHERILL GASPAR | PRESIDENT Officer | – | $0 |
| STEPHEN VANIER | TREASURER Officer | – | $0 |
990 for the year ended April 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL ARNOLD | VICE PRES Officer | – | $0 |
| WILLIAM EMPSALL | SECRETARY Officer | – | $0 |
| SHERILL GASPAR | PRESIDENT Officer | – | $0 |
| STEPHEN VANIER | TREASURER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 367 W MAIN ST, MALONE, NY 12953-1780
- In care of
- % JAMES MCKEE III CPA PC
- Principal officer (990 for 2024)
- STEPHEN VANIER
- Signed the 990
- STEPHEN VANIER, TREASURER
- Phone
- (518) 483-4041
- Return prepared by
- THE HOFFMAN EELLS GROUP CPAS PC
Mission
SCHOLARSHIPS TO HIGH SCHOOL, COLLEGE, MEDICAL AND LAW STUDENTS
Program accomplishments
- SCHOLARSHIPS DISTRIBUTED IN ACCORDANCE WITH INSTRUCTIONS OF VARIOUS DONORSExpenses $157,260 · grants $157,260
- SCHOLARSHIPS DISTRIBUTED IN ACCORDANCE WITH INSTRUCTIONS OF VARIOUS DONORSExpenses $942
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 14-1539746
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,633,442
- Income (IRS master file)
- $262,496
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $262,496 | $186,914 | $2,633,442 | XML |
| 990 | April 2024 | $152,158 | $150,698 | $2,557,860 | XML |
| 990 | April 2023 | $63,515 | $202,827 | $2,556,403 | XML |
| 990 | April 2022 | – | – | – | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1539746).
Questions about ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY
- What is the EIN of ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY?
- The employer identification number (EIN) of ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY is 14-1539746.
- Is ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY?
- The 990 for the year ended April 30, 2025 names STEPHEN VANIER.
- Who are the officers and directors of ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY?
- The 990 for the year ended April 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does ACADEMIC BOARD OF TRUSTEES OF FRANKLIN ACADEMY have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $262,496, expenses of $186,914 and total assets of $2,633,442 at year end.
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