The Franklin Co Educational Foundation for Excellence

Nonprofit profile at a glance

EIN
822452074
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
Winchester, TN, USA
Phone
9319674303
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$121,742
Expenses
$58,072
Assets
$417,859

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • JEFF STEWART (President)
  • ALEX BARNETT (Vice President)

People named in this filing

  • JEFF STEWART (President)
  • ALEX BARNETT (Vice President)
  • BRENDA CANNON (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To invest in today's youth, tomorrow's leaders, and the future leaders of our community by providing funds and resources not orginarily provided to the franklin county school system that inspire students to develop their talents and enrich their educational experiences.

What it reported doing in 2025

The franklin county educational foundation is currently supporting a s.t.r.e.a.m. (science, technology, reading, engineering, arts, mathematics) initiative for the eleven schools located within the county. Grade levels range from pre-k through grade 12 with opportunities for the approximately 5500 students enrolled. The foundation is committed to enhancing the educational opportunities of these students and will provide financial support as available.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 100
  • Sustainability: 80
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39.2%; rating input score 39
  • Program expense ratio: 82.2%; rating input score 82

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 52.3%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 7.2; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 17% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: -12.7% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 24.3% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 39.2% of revenue deployed · 82.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $48K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • High — Growth: Revenue growth scored 0/100.