Education
(B24Z)
IRS Verified
DX Registered
990 on File
FRANKLIN ROAD ACADEMY INC
Financial strength (30%)
76/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
55/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Franklin Road Academy provides a challenging educational experience in an inclusive Christian community with an unwavering commitment to develop leaders of integrity and purpose. We Will... - Inspire in our students a lifelong love of learning through a dynamic academic program which will prepare them for success in life; - Encourage students to discover their passions through opportunities in academics, the arts, athletics, and servant leadership; - Nurture leaders of integrity, guided by Christian principles, compelled to lead lives of compassionate global citizenship.
Financial Overview — FY 2024
$42.0M
Total Revenue
$31.0M
Total Expenses
N/A
Net Assets
380
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
N/A
Fundraising Efficiency
200.0%
Operating Reserve
N/A
Liability-to-Asset
13.7%
Revenue Diversification
N/A
Executive Compensation
$8.0M
Compared with Peers
FY 2023
Compared with 3,578 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.2% | 84.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.7% | 13.5% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.1% | 0.7% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1187.8% | 631.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
23.6 mo | 10.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
16.2% | 34.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.0% | 87.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
29.3% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.1% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
29.0% | 2.7% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Education | 1,105 | $2,800.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $42.0M | $31.0M | N/A | — | 380 |
| 2023 | $41.0M | $29.1M | $57.2M | 91.2% | 377 |
| 2022 | $31.7M | $27.0M | $44.8M | 90.9% | 336 |
| 2021 | $31.0M | $24.1M | N/A | — | 306 |
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