FRANKLIN COLLEGE OF INDIANA Charity Report

Public IRS 990 nonprofit record

FRANKLIN COLLEGE OF INDIANA

EIN 35-0868086 · Education (B420)

What they do

Franklin College Empowers Students Through An Experiential Education, Grounded In The Liberal Arts and Sciences, Promoting Impactful Careers and Meaningful Lives.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders44 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

88.43%of revenue went to mission work90.0% of expenses · Program services

2.20%of revenue went to fundraising2.2% of expenses

$98.26spent for every $100 of revenueRevenue covered expenses this year.

7.64%of revenue went to management and office costs7.8% of expenses

$2.85in assets for every $1 spent this yearSome assets cannot be spent right away.

11.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $397,947 for KERRY PRATHER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$56,149,658

Mission workProgram services$49,651,86888.43% of revenue90.0% of expenses

ManagementOffice and general costs$4,288,1427.64% of revenue7.8% of expenses

FundraisingAsking for donations$1,232,5532.20% of revenue2.2% of expenses

Revenue left after expensesReported annual surplus$977,0951.74% of revenueShown in gray on the chart

Total expenses$55,172,56398.26% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.0% mission · 7.8% management · 2.2% fundraisingTotal expenses: 98.26% of revenue

2023Expense mix: 90.0% mission · 7.7% management · 2.3% fundraisingTotal expenses: 98.92% of revenue

2022Expense mix: 90.1% mission · 7.8% management · 2.1% fundraisingTotal expenses: 116.31% of revenue

2021Expense mix: 90.1% mission · 8.0% management · 1.8% fundraisingTotal expenses: 98.72% of revenue

2020Expense mix: 88.9% mission · 9.1% management · 1.9% fundraisingTotal expenses: 76.83% of revenue

2019Expense mix: 87.6% mission · 10.2% management · 2.1% fundraisingTotal expenses: 122.87% of revenue

2018Expense mix: 89.9% mission · 8.2% management · 1.9% fundraisingTotal expenses: 106.67% of revenue

2017Expense mix: 90.0% mission · 8.1% management · 1.9% fundraisingTotal expenses: 98.95% of revenue

Money in and money out

Revenue$56,149,658

Expenses$55,172,563

Annual surplus $977,095 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$49,651,868 · 90.0% of expenses

Management and office costs$4,288,142 · 7.8% of expenses

Fundraising$1,232,553 · 2.2% of expenses

See all reported dollar amounts

Revenue$56,149,658

Expenses$55,172,563

Assets$157,442,974

Income$90,779,538

Contributions$6,636,673

Mission work (program services)$49,651,868

Fundraising$1,232,553

Management and general$4,288,142

Stocks and bonds$84,535,437

Accounting fees$92,085

Investing fees$312,496

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KERRY PRATHERPRESIDENT · 40 hrs/week $397,947Base $354,937 · Other $43,010

ANDREW HENDRICKSVP OF ENROLLMENT & MARKETING · 40 hrs/week $207,841Base $190,513 · Other $17,328

KEVIN HONIGFORDVICE PRESIDENT AND CHIEF FINANCIAL OFFICER · 40 hrs/week $196,697Base $175,451 · Other $21,246

KRISTIN FLORAVICE PRESIDENT FOR ACADEMIC AFFAIRS & DEAN OF THE · 40 hrs/week $187,108Base $168,736 · Other $18,372

ANDREW JONESVICE PRESIDENT FOR STUDENT DEVELOPMENT & DEAN OF S · 40 hrs/week $165,752Base $143,294 · Other $22,458

JASMINA CHEESEMANPROGRAM DIRECTOR & ASSISTANT PROFESSOR · 40 hrs/week $159,449Base $146,434 · Other $13,015

NORA BREMSVICE PRESIDENT OF DEVELOPMENT AND ALUMNI ENGAGEMEN · 40 hrs/week $145,026Base $137,857 · Other $7,169

BENJAMIN ONEALASSOCIATE PROFESSOR OF BIOLOGY · 40 hrs/week $114,409Base $100,386 · Other $14,023

ARBIN THAPALIYAASSISTANT PROFESSOR OF PHYSICS · 40 hrs/week $111,679Base $101,191 · Other $10,488

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (44)

KERRY PRATHERPRESIDENT

ANDREW HENDRICKSVP OF ENROLLMENT & MARKETING

KEVIN HONIGFORDVICE PRESIDENT AND CHIEF FINANCIAL OFFICER

KRISTIN FLORAVICE PRESIDENT FOR ACADEMIC AFFAIRS & DEAN OF THE

ANDREW JONESVICE PRESIDENT FOR STUDENT DEVELOPMENT & DEAN OF S

JASMINA CHEESEMANPROGRAM DIRECTOR & ASSISTANT PROFESSOR

NORA BREMSVICE PRESIDENT OF DEVELOPMENT AND ALUMNI ENGAGEMEN

BENJAMIN ONEALASSOCIATE PROFESSOR OF BIOLOGY

ARBIN THAPALIYAASSISTANT PROFESSOR OF PHYSICS

YOLANDA WHITETRUSTEE

KRISTIN STPIERRETRUSTEE

NADINE MELINDTRUSTEE (BEGAN SEPTEMBER 2024)

PETER CANGANYCHAIR OF THE BOARD

RAFAEL SANCHEZ JRTRUSTEE

RICHARD ELLERYTRUSTEE (BEGAN FEBRUARY 2025)

ROBERT BROWNTRUSTEE

ROBERT DEVOSSVICE CHAIR

RON BOWSHERTRUSTEE

SEAN THOMASSONVICE CHAIR

SUSAN DEVOSSSECRETARY

SUSAN WILLIAMSVICE CHAIR

THERESSA WRIGHTVICE CHAIR

TODD BEMISVICE CHAIR

WORTHE HOLT JRVICE CHAIR

AMBER ELWOODTRUSTEE

DEVIN ANDERSONTRUSTEE

BILL COXTRUSTEE

BILLIE DRAGOOTRUSTEE

BRAD RATEIKETRUSTEE

CATHY DUNNVICE CHAIR

DANIEL HANNTRUSTEE

DAVID BYERSTRUSTEE

DAVID DUNKLEVICE CHAIR

DAVID WANTZTRUSTEE

DEANA HAWORTHVICE CHAIR

KEVIN CROWETRUSTEE

ILLENE ROGGENSACKTRUSTEE

JAMES DUETRUSTEE (UNTIL SEPTEMBER 2024)

JAMES NAPOLITANTREASURER

JOHN TALLEYTRUSTEE

JOHN AULD JRVICE CHAIR

JON ALMERASTRUSTEE

JULIE GILMORETRUSTEE

KATHARINE KRUSETRUSTEE (UNTIL FEBRUARY 2025)

About this charity

Recognized since: January 1937
Location: 101 BRANIGIN BLVD, FRANKLIN, IN 46131-2598
County: Johnson
In care of: Kevin Honigford
Primary officer: Kevin Honigford, Vice President and CFO

How to reach them

WebsiteVisit the charity’s website Phone(317) 738-8000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Education (B420)