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Indiana · Nonprofit

DISCOVER DOWNTOWN FRANKLIN INC

DISCOVER DOWNTOWN FRANKLIN INC (Indiana) receives grants from 4 organizations whose IRS filings report $142,029 to it, the largest being JOHNSON COUNTY COMMUNITY FOUNDATION INC ($114,352). 2 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$311k
Funders on record
4
Grants received
$142k
Net assets
$172k
2/4 repeat funderspeak grant-dependency 12%
01What it does

What Discover Downtown Franklin Inc does

Mission

To bring about economic, cultural, and social transformation of downtown franklin, indiana through active promotion, physical improvements, support of existing merchants, and active recruiting of new business.

As stated on its FY2024 Form 990.

Programs

On its FY2024 return the organization reported starting a significant new program.

One new program inititated by the organization this year is first fridays. It is a monthly late-night shopping event with free live music, prizes, and themes to stimulate the local economy and promote businesses. Revenue $5,318 expenses $10,993 and approx 10 volunteers

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. Hops and vines is a festival that promotes the local wineries and breweries in the area. The event was well attended and had approximately 40 volunteers.

    $31,331 spent$47,872 earned by the program
    15% of program spending
  2. Holiday lighting kicks off to the christmas celebrations by promoting holiday shopping in the local area. Well attended and had approximately 15 volunteers.

    $31,029 spent$30,959 earned by the program
    15% of program spending
  3. Strawberries on the square is a festival that promotes the downtown area in the local community. The event was well attended and had approximately 60 volunteers.

    $13,257 spent$43,664 earned by the program
    6% of program spending
  4. Other program services, not described on the e-filed return.

    $131,839 spent$90,383 earned by the program
    64% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $207,456.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($155k) Expenses 100 ($153k) Net assets 100 ($94k)2018 Revenue 101 ($157k) Expenses 69 ($106k) Net assets 154 ($144k)2019 Revenue 103 ($160k) Expenses 105 ($160k) Net assets 154 ($144k)2020 Revenue 104 ($161k) Expenses 94 ($144k) Net assets 172 ($161k)2021 Revenue 105 ($163k) Expenses 105 ($161k) Net assets 153 ($144k)2022 Revenue 156 ($242k) Expenses 143 ($219k) Net assets 178 ($167k)2023 Revenue 134 ($208k) Expenses 139 ($213k) Net assets 173 ($163k)2024 Revenue 200 ($311k) Expenses 197 ($301k) Net assets 184 ($172k)
'17'18'19'20'21'22'23'24
Revenue (200)Expenses (197)Net assets (184)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $95k to $145k (+53%).

$95k
$145k
$144k
$162k
$144k
$168k
$163k
$174k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 6% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.

31% of DISCOVER DOWNTOWN FRANKLIN INC’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).

This organization
Typical peer · 12,454 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$2k
’17
$51k
’18
−$147
’19
$17k
’20
$3k
’21
$24k
’22
−$5k
’23
$10k
’24
6.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Daniel Causey

Executive director

As listed on its FY2024 Form 990.

202220232024
Listed61614
Joined·+11+6
No longer listed·18
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $7k → $18k.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 81% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of DISCOVER DOWNTOWN FRANKLIN INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

DISCOVER DOWNTOWN FRANKLIN INC leans on a few funders — its largest provides 81% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

81% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DISCOVER DOWNTOWN FRANKLIN INC.

81%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 97% · 2019 93% · 2020 100% · 2021 67% · 2022 100% · 2023 72% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

81% of DISCOVER DOWNTOWN FRANKLIN INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $28k that is directly attributable, 82% of it comes from Indiana funders.

IN
NJ

In-state vs out-of-state, by year

’18
’19
’21
’23
Indiana out of state home

Funder states come from each funder’s own filing. $115k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

DISCOVER DOWNTOWN FRANKLIN INC has grown faster than half of the 11,990 community improvement nonprofits its size.

Operating margin3% · below the median
Months of reserve6.9mo · below the median
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 11,990 community improvement nonprofits $100k–$1M, FY2024

Organizations like DISCOVER DOWNTOWN FRANKLIN INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

69% of spending goes to programs.

Program 69%Management 31%Fundraising 0%

Governance

14
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for DISCOVER DOWNTOWN FRANKLIN INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds DISCOVER DOWNTOWN FRANKLIN INC?
DISCOVER DOWNTOWN FRANKLIN INC (Indiana) receives grants from 4 organizations whose IRS filings report $142,029 to it, the largest being JOHNSON COUNTY COMMUNITY FOUNDATION INC ($114,352). 2 of them have funded it in more than one year, and 81% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does DISCOVER DOWNTOWN FRANKLIN INC have?
IRS filings report 4 organizations giving $142,029 in grants to DISCOVER DOWNTOWN FRANKLIN INC, 2 of which have funded it in more than one year.
Who is the largest funder of DISCOVER DOWNTOWN FRANKLIN INC?
JOHNSON COUNTY COMMUNITY FOUNDATION INC is the largest funder on record, with $114,352 in grants. The full list of funders is on this page.
How can an organization like DISCOVER DOWNTOWN FRANKLIN INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Discover Downtown Franklin →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing