Nonprofit screen
Screen a listFranklin News Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$7.2Mrevenue
FY2025 · +48% in 3 yrs52staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin16.4%
Months of reserve2.6mo
Revenue growth (annualized)+22.9%
Middle half of peersMedianFranklin News
Where the money goes FY2025 · $6.0M spent
Programs$4.7M79%Management and general$613k10%Fundraising$640k11%990 FY2025 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
4 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 23% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort51funders
$3.8Ma year, last 3 years
17%from its largest funder
Funder’17’18’19’20’21’22’23Project 42Since FY2021$239k$799k$826kSarah Scaife Foundation IncorporatedSince FY2020$250k$350k$400k$420kIllinois Policy InstituteStopped after FY2018$721k$595k–The Lynde and Harry Bradley Foundation IncSince FY2020$250k$250k$300k$500kThe Searle Freedom TrustSince FY2020$200k$300k$350k$300kAllegheny FoundationSince FY2020$150k$150k$150k$150kDonor-advised giftsDonors not disclosed$22k$27k$60k$1.2M$1.5M$1.3M$1.8M29 other fundersUp to $250k a year each$103k$60k$57k$222k$101k$771k$598k
FundedThrough a donor-advised fundStopped