FRANKLIN ROAD ACADEMY INC Charity Report

Public IRS 990 nonprofit record

FRANKLIN ROAD ACADEMY INC

EIN 62-1138075 · Education (B24Z)

What they do

FRANKLIN ROAD ACADEMY PROVIDES A CHALLENGING EDUCATIONAL EXPERIENCE IN AN INCLUSIVE CHRISTIAN COMMUNITY WITH AN UNWAVERING COMMITMENT to DEVELOP LEADERS of INTEGRITY and PURPOSE. WE WILL INSPIRE IN OUR STUDENTS A LIFELONG LOVE of LEARNING THROUGH A DYNAMIC ACADEMIC PROGRAM WHICH WILL PREPARE THEM for SUCCESS IN LIFE; ENCOURAGE STUDENTS to DISCOVER THEIR PASSIONS THROUGH OPPORTUNITIES IN ACADEMICS, THE ARTS, ATHLETICS, and SERVANT LEADERSHIP; NURTURE LEADERS of INTEGRITY, GUIDED BY CHRISTIAN PRINCIPLES, COMPELLED to LEAD LIVES of COMPASSIONATE GLOBAL CITIZENSHIP.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.90 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 leaders31 people are listed in the latest report.

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

Money made simple

72.39%of revenue went to mission work89.9% of expenses · Program services

2.84%of revenue went to fundraising3.5% of expenses

$80.51spent for every $100 of revenueRevenue covered expenses this year.

5.28%of revenue went to management and office costs6.6% of expenses

$3.07in assets for every $1 spent this yearSome assets cannot be spent right away.

18.0%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 $732,153 for SEAN CASEY (HEAD OF SCHOOL). 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$41,989,734

Mission workProgram services$30,396,04672.39% of revenue89.9% of expenses

ManagementOffice and general costs$2,215,3615.28% of revenue6.6% of expenses

FundraisingAsking for donations$1,192,8522.84% of revenue3.5% of expenses

Revenue left after expensesReported annual surplus$8,185,47519.49% of revenueShown in gray on the chart

Total expenses$33,804,25980.51% 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: 89.9% mission · 6.6% management · 3.5% fundraisingTotal expenses: 80.51% of revenue

2023Expense mix: 91.5% mission · 4.8% management · 3.7% fundraisingTotal expenses: 73.08% of revenue

2022Expense mix: 91.2% mission · 4.7% management · 4.1% fundraisingTotal expenses: 71.02% of revenue

2021Expense mix: 90.9% mission · 4.5% management · 4.7% fundraisingTotal expenses: 84.95% of revenue

2020Expense mix: 92.4% mission · 4.3% management · 3.3% fundraisingTotal expenses: 77.58% of revenue

2019Expense mix: 91.0% mission · 5.0% management · 4.0% fundraisingTotal expenses: 85.71% of revenue

2018Expense mix: 91.1% mission · 4.4% management · 4.5% fundraisingTotal expenses: 80.30% of revenue

2017Expense mix: 90.6% mission · 5.5% management · 3.9% fundraisingTotal expenses: 80.92% of revenue

Money in and money out

Revenue$41,989,734

Expenses$33,804,259

Annual surplus $8,185,475 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)$30,396,046 · 89.9% of expenses

Management and office costs$2,215,361 · 6.6% of expenses

Fundraising$1,192,852 · 3.5% of expenses

See all reported dollar amounts

Revenue$41,989,734

Expenses$33,804,259

Assets$103,862,125

Income$48,485,983

Contributions$7,572,139

Mission work (program services)$30,396,046

Fundraising$1,192,852

Grants given$36,771

Average grant$36,771

Management and general$2,215,361

Stocks and bonds$9,158,972

Accounting fees$42,607

Investing fees$62,873

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

SEAN CASEYHEAD OF SCHOOL · 60 hrs/week $732,153Base $697,075 · Other $35,078

LAURA TURNERASSISTANT HOS FOR FINANCE AND OPS. · 50 hrs/week $287,063Base $211,466 · Other $75,597

RYAN HARRISASSISTANT HOS FOR EXTERNAL AFFAIRS · 50 hrs/week $239,478Base $182,736 · Other $56,742

JUSTIN GEISINGERHEAD COACH VARSITY FOOTBALL · 50 hrs/week $222,414Base $165,160 · Other $57,254

ERIC JOHNSONASSISTANT HOS FOR ACADEMIC & STUDENT AFFAIRS · 50 hrs/week $182,615Base $160,182 · Other $22,433

RICHARD B WESTHEAD OF LOWER SCHOOL · 50 hrs/week $171,113Base $158,067 · Other $13,046

KRISTIN PALMERTONDIRECTOR OF ATHLETICS · 40 hrs/week $168,538Base $153,665 · Other $14,873

JAY SALATOHEAD OF UPPER SCHOOL · 40 hrs/week $162,650Base $143,378 · Other $19,272

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 (31)

SEAN CASEYHEAD OF SCHOOL

LAURA TURNERASSISTANT HOS FOR FINANCE AND OPS.

RYAN HARRISASSISTANT HOS FOR EXTERNAL AFFAIRS

JUSTIN GEISINGERHEAD COACH VARSITY FOOTBALL

ERIC JOHNSONASSISTANT HOS FOR ACADEMIC & STUDENT AFFAIRS

RICHARD B WESTHEAD OF LOWER SCHOOL

KRISTIN PALMERTONDIRECTOR OF ATHLETICS

JAY SALATOHEAD OF UPPER SCHOOL

PENNY AUSTERMILLERTRUSTEE

WILL TRAPPTRUSTEE

VICTOR BERRIOSTRUSTEE

TOMMY AXFORDTRUSTEE

STEVE HALASTRUSTEE (UNTIL 05/25)

SHAKA MITCHELLTRUSTEE

ANDREW SOHRTRUSTEE

SARA ELIZABETH BRADFORDTRUSTEE

FLORENCE CHASSAIGNACTRUSTEE

ROSEMARY PLORINSECRETARY

RICHARD MCRAE IIITRUSTEE

RANDY CHASEBOARD CHAIR

JAIMIE ROBINSONTRUSTEE

MATTHEW DENMARKTRUSTEE

MATT CASSELTRUSTEE

GABRIELLE WESLEYTRUSTEE

KARLA CALDERONTRUSTEE

GINA LATENDRESSETRUSTEE

JESSICA BOYDTRUSTEE

JEB BEASLEYTRUSTEE

JAZ BOONTRUSTEE

JASON ZACHARIAHTRUSTEE

JARED ALLENTRUSTEE

About this charity

Recognized since: January 1983
Location: 4700 FRANKLIN ROAD, NASHVILLE, TN 37220
County: Davidson
In care of: LAURA TURNER
Primary officer: LAURA TURNER, ASSISTANT HOS FOR FINANCE & OPS

How to reach them

WebsiteVisit the charity’s website Phone(615) 832-8845

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Education (B24Z)
Grant-giving organization: Yes