Charity Impact Media

Home › Education

Franklin Towne Charter High School

Philadelphia, PA · EIN 23-3038855 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Franklin Towne Charter High School reported $26.4 million in revenue and $27.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $55.88 went to program services, $44.12 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.0% of the total. Government grants made up 12.8%. The highest compensation it reported for one person was $317,246 (CEO). 8 people received more than $100,000 in reportable compensation. Revenue rose 43% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $27M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $26M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
55.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
44.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
12.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
12.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
87.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$317,246$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.17%1.28%
People paid over $100,000
Part VII, line 2
88
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.813.3
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$15M expenses · 100.0% of program spending · revenue $23M

Franklin Towne Charter High School is an independent Charter High School with the primary purpose to provide education with unique support service to facilitate this goal

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 40.00 hrs/week
$226,926$0$90,320$317,246
CAO
Former, 40.00 hrs/week
$257,157$0$36,743$293,900
PRINCIPAL
Key employee, 40.00 hrs/week
$169,426$0$68,618$238,044
IT COORDINAT
Highest compensated employee, 40.00 hrs/week
$197,263$0$35,385$232,648
ASSIST PRINC
Highest compensated employee, 40.00 hrs/week
$140,234$0$83,301$223,535
DIR OF STUDE
Highest compensated employee, 40.00 hrs/week
$128,200$0$67,014$195,214
SPED COORDIN
Highest compensated employee, 40.00 hrs/week
$122,996$0$53,423$176,419
CHIEF OF STA
Highest compensated employee, 40.00 hrs/week
$133,722$0$42,330$176,052

8 people received more than $100,000 in reportable compensation from Franklin Towne Charter High School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $586K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$26M$27M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$26M$27M55.9%$22M$317,246
FY2024 ⓘ$27M$23M68.8%$23M$672,269
FY2023 ⓘ$23M$17M79.6%$18M$382,400
FY2022 ⓘ$24M$19M97.5%$12M$271,188
FY2021 ⓘ$22M$15M97.1%$7.4M$260,758
FY2020 ⓘ$18M$16M97.4%$1.4M$250,000

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5186
  • Volunteers Part I, line 68

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
KLEINBARD LLC
Legal
$484,068
OK PAINTING LLC
Maintenance
$162,700
ROCCO LAW INC
Legal
$162,289
MCKENNA SNYDER LLC
Legal
$152,213
SAMMI'S CLEANING SERVICES
Cleaning
$134,350

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Franklin Towne Charter High School totaling $712 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Franklin Towne Charter High School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Franklin Towne Charter High School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Pennsylvania

Questions people ask

How much of Franklin Towne Charter High School's spending goes to programs?

In the fiscal year ending June 30, 2025, Franklin Towne Charter High School reported that 55.9% of its $27.1 million in expenses went to program services, 44.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Franklin Towne Charter High School pay its top executive?

The largest total compensation Franklin Towne Charter High School reported for one person in the fiscal year ending June 30, 2025 was $317,246, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Franklin Towne Charter High School get its money?

Of $26.4 million in revenue in the fiscal year ending June 30, 2025, 12.8% came from contributions and grants (including 12.8% from government grants) and 87.0% from program service revenue (Form 990, Part VIII).

Is Franklin Towne Charter High School a registered charity?

The IRS lists EIN 23-3038855 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641349349313684 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541339349303259 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349303202 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320149349300512 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240149349300324 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130129349300608 · read the filing

All filings for EIN 23-3038855: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.