THE FRANKLIN ACADEMY INC, of WAKE FOREST, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $20.0M in revenue, $17.5M in expenses, $30.1M in total assets. 3 publicly reported grants to this organization, totaling roughly $22K, appear in IRS filings.
THE CORPORATION'S PRIMARY EXEMPT PURPOSE IS TO ENGAGE IN THE CHARITABLE AND EDUCATIONAL PURPOSES OF PROVIDING QUALITY PUBLIC EDUCATION AS A CHARTER SCHOOL CREATED PURSUANT TO THE GENERAL STATUTES OF NORTH CAROLINA ESTABLISHING CHARTER SCHOOLS.
How The Franklin Academy Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 3 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $20.0M | $17.5M | $30.1M |
| 2024 | $18.1M | $15.6M | $27.5M |
| 2023 | $16.4M | $15.0M | $25.0M |
| 2022 | $17.2M | $14.6M | $23.5M |
| 2021 | $15.5M | $13.6M | $21.0M |
Between 2021 and 2025, reported annual revenue grew from $15.5M to $20.0M (+30%), with total assets most recently reported at $30.1M.
Interactive year-over-year charts and full filing details available with membership.
