Franklin Housing Collaborative
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$1,722,590.00
Projected Expenses
$1,466,948.00
Organizational Budgets and Other Documents
| FHC FYE 12.31.2023 | 2023 |
| 2022 Projected Budget | 2022 |
| 2021 Projected Budget | 2021 |
| 2020 Projected Budget | 2020 |
| 2019 Projected Budget | 2019 |
| 2018 Projected Budget | 2018 |
| 2017 Projected Budget | 2017 |
| 2016 Projected Budget | 2016 |
| Projected Budget | 2015 |
| Projected Budget | 2014 |
| Projected Budget | 2013 |
| Projected Budget | 2012 |
IRS Letter of Exemption
| Franklin Housing Collaborative IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $1,183,611.00 | $1,198,317.00 | $2,088,053.00 |
| Total Expenses | $1,170,676.00 | $1,155,766.00 | $816,917.00 |
| Revenue Less Expenses | $12,935.00 | $42,551.00 | $1,271,136.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $133,927.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $55,088.00 | $0.00 | $0.00 |
| Government - Unspecified | $4,000.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $1,000.00 | $1,000.00 | $1,500.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $1,123,523.00 | $1,014,567.00 | $2,082,123.00 |
| Investment Income, Net of Losses | $0.00 | $48,183.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $640.00 | $4,430.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $996,851.00 | $942,470.00 | $694,380.00 |
| Administration Expense | $173,528.00 | $213,296.00 | $122,537.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 101% | 104% | 256% |
| Program Expense/Total Expenses | 85% | 82% | 85% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $1,123,523.00 | Program Revenue $1,014,567.00 | Program Revenue $2,082,123.00 |
| Second Highest Funding Source & Dollar Amount | Local Government Grants $55,088.00 | Foundations and Corporations $133,927.00 | Other Revenue $4,430.00 |
| Third Highest Funding Source & Dollar Amount | Government Grants $4,000.00 | Investment Income $48,183.00 | Contributions, Gifts, and Grants $1,500.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $4,704,285.00 | $5,842,273.00 | $5,209,632.00 |
| Current Assets | $1,852,669.00 | $1,993,062.00 | $2,551,228.00 |
| Long-Term Liabilities | $814,582.00 | $2,128,750.00 | $927,500.00 |
| Current Liabilities | $904,694.00 | $684,858.00 | $1,228,983.00 |
| Total Net Assets | $3,285,009.00 | $3,028,665.00 | $3,053,149.00 |
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?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
| Final Audit Report 2022 | 2022 |
| FHA/FHC Audit | 2021 |
| FHA/FHC Audit | 2020 |
| FHA/FHC Audit | 2019 |
| FHA/FHC Audit | 2018 |
| FHA/FHC Audit | 2017 |
| FHA/FHC Audit | 2016 |
| FHA/FHC Audit | 2015 |
Foundation Staff Comments
| This group's name officially changed to Franklin Housing Collaborative in 2014. Financial figures taken from Form 990. Form 990 was prepared by Henderson & Pilleteri, LLC. Comments provided by Hayley Sulfridge 11/13/2023. |
