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Nonprofit · EIN 72-0691938

FRANKLIN ACADEMY INCORPORATED

Tax-exempt · WINNSBORO, LA 71295

Financials

$1.3M$1.3M2023$1.4M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of FRANKLIN ACADEMY INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$1,354,709$1,263,703$91,006$1,378,858$350,869$1,027,989
July 31, 2024990$1,269,513$1,255,302$14,211$1,318,941$381,958$936,983
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,093,633
Investment income
$17,479
Net income from fundraising events
$182,507
Net income from gaming
$7,400
Other revenue
$243,597

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$720,051
Salaries, compensation and benefits (total)
$776,230
Professional fundraising fees
$0
Accounting fees
$7,900
Occupancy
$75,878
Depreciation
$60,324
Program services (functional)
$1,263,703

Balance sheet and other

Total assets, start of year
$1,318,941
Total assets, end of year
$1,378,858
Total liabilities, end of year
$350,869
Net assets, end of year
$1,027,989
Land, buildings and equipment
$798,263
Net assets without donor restrictions
$1,027,989
Gross receipts
$1,463,603
Employees
53
Year formed
1972
State of legal domicile
LA

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JERRED ANDERSONVICE PRESIDE
Trustee or director, Officer
–$0
ARIEL CHAPPELLEBOARD MEMBER
Trustee or director
–$0
MANDY FAULKBOARD MEMBER
Trustee or director
–$0
KEVIN MONTGOMERYPRESIDENT
Trustee or director, Officer
–$0
PATTY REMORETREASURER
Trustee or director, Officer
–$0
JUSTIN ROBINSONBOARD MEMBER
Trustee or director
–$0
COURTNEY WRIGHTBOARD MEMBER
Trustee or director
–$0
990 for the year ended July 31, 2024: 7 people
NameTitleHours / weekCompensation
PATTY REMORETREASURER
Trustee or director, Officer
40$26,038
JERRED ANDERSONVICE PRESIDE
Trustee or director, Officer
–$0
ARIEL CHAPPELLEBOARD MEMBER
Trustee or director
–$0
MANDY FAULKBOARD MEMBER
Trustee or director
–$0
KEVIN MONTGOMERYPRESIDENT
Trustee or director, Officer
–$0
JUSTIN ROBINSONBOARD MEMBER
Trustee or director
–$0
COURTNEY WRIGHTBOARD MEMBER
Trustee or director
–$0

Address and contacts

Address (IRS master file)
2110 LOOP RD, WINNSBORO, LA 71295-3318
Principal officer (990 for 2024)
KEVIN MONTGOMERY, 2110 LOOP ROAD, WINNSBORO, LA 71295
Signed the 990
BETINA FINLAYSON, HEADMASTER
Phone
(318) 435-9520
Return prepared by
MARCUS ROBINSON & HASSELL BRANCH

Mission

TO PROVIDE QUALITY EDUCATION IN A CHRISTIAN ATMOSPHERE.

990 for the year ended July 31, 2025

Program accomplishments

  • TO PROVIDE QUALITY EDUCATION IN A CHRISTIAN ATMOSPHERE.
    Expenses $1,203,379
  • TO PROVIDE QUALITY EDUCATIOON IN A CHRISTIAN ATMOSPHERE.
    Expenses $60,324

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
72-0691938
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
July
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$1,378,858
Income (IRS master file)
$1,463,603

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$1,354,709$1,263,703$1,378,858IRS
990July 2024$1,269,513$1,255,302$1,318,941XML
990July 2023$1,212,890$1,201,036$1,353,578IRS
990July 2022–––IRS
990July 2021–––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 72-0691938).

Questions about FRANKLIN ACADEMY INCORPORATED

What is the EIN of FRANKLIN ACADEMY INCORPORATED?
The employer identification number (EIN) of FRANKLIN ACADEMY INCORPORATED is 72-0691938.
Is FRANKLIN ACADEMY INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to FRANKLIN ACADEMY INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRANKLIN ACADEMY INCORPORATED 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 FRANKLIN ACADEMY INCORPORATED due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRANKLIN ACADEMY INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of FRANKLIN ACADEMY INCORPORATED?
The 990 for the year ended July 31, 2025 names KEVIN MONTGOMERY.
Who are the officers and directors of FRANKLIN ACADEMY INCORPORATED?
The 990 for the year ended July 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does FRANKLIN ACADEMY INCORPORATED have?
On its 990 for the year ended July 31, 2025 it reported revenue of $1,354,709, expenses of $1,263,703 and total assets of $1,378,858 at year end.

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