Franklin Tomorrow, Inc.
615-794-0998
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198 E. Main Street Suite 202
Franklin, TN 37064
Organization Details

Fiscal Year

No current fiscal year information is available at this time.


Organizational Budgets and Other Documents

Franklin Tomorrwo Budget 2022
2021 Franklin Tomorrow Budget 2021
2020 Franklin Tomorrow Budget 2020
2019 Franklin Tomorrow Budget 2019
2018 Franklin Tomorrow Budget 2018
2017 Franklin Tomorrow Budget 2017
2016 Franklin Tomorrow Budget 2016

IRS Letter of Exemption

Franklin Tomorrow, Inc. IRS Letter of Determination

Detailed Financials

Revenue and Expenses
Fiscal Year202220212020
Total Revenue $355,582.00$320,513.00$217,320.00
Total Expenses $327,514.00$268,382.00$202,777.00
Revenue Less Expenses $28,068.00$52,131.00$14,543.00

Revenue Sources
Fiscal Year202220212020
Foundation and Corporation Contributions $0.00$0.00$0.00
Government - Federal $0.00$0.00$0.00
Government - State $0.00$0.00$0.00
Government - Local $0.00$0.00$0.00
Government - Unspecified $0.00$0.00$0.00
Contributions, Gifts, and Grants $59,179.00$43,611.00$46,358.00
Indirect Public Support $0.00$0.00$0.00
Earned Revenue $0.00$0.00$0.00
Investment Income, Net of Losses $183.00$27.00$217.00
Membership Dues $0.00$0.00$0.00
Special Events $272,354.00$185,523.00$143,032.00
Revenue In-Kind $7,000.00$12,000.00$2,352.00
Other $16,866.00$79,352.00$25,361.00

Expense Allocation
Fiscal Year202220212020
Program Expense $192,972.00$176,744.00$176,906.00
Administration Expense $18,718.00$15,794.00$21,183.00
Fundraising Expense $115,824.00$75,844.00$4,688.00
Total Revenue/Total Expenses 109%119%107%
Program Expense/Total Expenses 59%66%87%
Fundraising Expense/Contributed Revenue 35%28%2%

Top Funding Sources
Fiscal Year202220212020
Top Funding Source & Dollar Amount Fundraising Events
$272,354.00
Fundraising Events
$185,523.00
Fundraising Events
$143,032.00
Second Highest Funding Source & Dollar Amount Contributions, Gifts, and Grants
$59,179.00
Other Revenue
$79,352.00
Contributions, Gifts, and Grants
$46,358.00
Third Highest Funding Source & Dollar Amount Other Revenue
$16,866.00
Contributions, Gifts, Grants
$43,611.00
Other Revenue
$25,361.00

Assets and Liabilities
Fiscal Year202220212020
Total Assets $249,761.00$193,342.00$204,432.00
Current Assets $233,858.00$192,538.00$203,066.00
Long-Term Liabilities $0.00$0.00$25,147.00
Current Liabilities $31,145.00$2,794.00$40,868.00
Total Net Assets $218,616.00$190,548.00$138,417.00

Endowment Info

Do you have an endowment?

No

Capital Campaign Info

Are you currently in a Capital Campaign?

No

Do you anticipate a campaign in the next 5 years?

No

Solicitation Permit Info

State Charitable Solicitations Permit

Under Extension

Form 990s

Franklin Tomorrow Public Review 990 2022
AMENDED Franklin Tomorrow Form 990 2022
Franklin Tomorrow 2021 Form 990 2021
Franklin Tomorrow, Inc. 2020 Form 990 2020
Franklin Tomorrow Form 990 2019
Franklin Tomorrow Form 990 2018
Franklin Tomorrow Inc. Form 990 2017
Franklin Tomorrow Inc. Form 990 2016
Franklin Tomorrow Inc. 2015 Form 990 2015
Franklin Tomorrow, Inc. 2014 Form 990 2014
Franklin Tomorrow, Inc. 2013 Form 990 2013
Franklin Tomorrow, Inc. 2012 Form 990 2012
Franklin Tomorrow, Inc. 2011 Form 990 2011
Franklin Tomorrow, Inc. 2010 Form 990 2010
Franklin Tomorrow, Inc. 2009 Form 990 2009
Franklin Tomorrow, Inc. 2008 Form 990 2008

Audit Documents

Financial Review Letter 2018
Financial Review Letter 2017

CEO/Executive Director/Board Comments


We have had a delay in completion of our Form 990 this year due to staffing issues with our provider. We received an extension from the IRS for filing and are working on completing that. We also have had one extension of our charitable solicitation permit through September, but are trying to renew one more time prior to the 990 being completed.

Foundation Staff Comments


Financial data taken from organization's Form 990s. Form 990 compiled by UHY Advisors MO, Inc. Comments provided by Hayley Sulfridge 6/18/24.