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Tennessee · Nonprofit

FRANKLIN ROAD ACADEMY INC

FRANKLIN ROAD ACADEMY INC (Tennessee) receives grants from 50 organizations whose IRS filings report $17,886,763 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($4,139,500). 38 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$42M
Funders on record
50
Grants received
$18M
Net assets
$78M
38/50 repeat funderspeak grant-dependency 9%
01What it does

What Franklin Road Academy Inc does

Mission

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.

As stated on its FY2025 Form 990.

Program

  1. Instructional & student activities - education for grades pre k-12 for approximately 1,000 students, instruction for athletics, band, day care and day camp, and auxiliary activities (cafeteria, concessions for athletic events, annual, bookstore and special student activities).

    $30,396,046 spentof which $2,403,581 as grants$33,739,302 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $30,396,046.

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 ($19M) Expenses 100 ($17M) Net assets 100 ($19M)2018 Revenue 120 ($23M) Expenses 106 ($18M) Net assets 125 ($23M)2019 Revenue 131 ($25M) Expenses 115 ($20M) Net assets 151 ($28M)2020 Revenue 143 ($27M) Expenses 134 ($23M) Net assets 171 ($32M)2021 Revenue 164 ($31M) Expenses 139 ($24M) Net assets 215 ($40M)2022 Revenue 167 ($32M) Expenses 156 ($27M) Net assets 239 ($45M)2023 Revenue 216 ($41M) Expenses 168 ($29M) Net assets 305 ($57M)2024 Revenue 227 ($43M) Expenses 182 ($31M) Net assets 369 ($69M)2025 Revenue 221 ($42M) Expenses 195 ($34M) Net assets 417 ($78M)
'17'18'19'20'21'22'23'24'25
Revenue (221)Expenses (195)Net assets (417)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 2024 to 2025, from $79M to $104M (+32%).

$28M
$34M
$48M
$56M
$58M
$58M
$68M
$79M
$104M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 7%. Grants only. Government contracts and fees sit inside program revenue.

18% of FRANKLIN ROAD ACADEMY INC’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$1.7M
’17
$4.3M
’18
$4.9M
’19
$3.9M
’20
$7.0M
’21
$4.8M
’22
$12M
’23
$12M
’24
$8.2M
’25
4.6
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.

Board chair

Randy Chase

Board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed292728303026262631
Joined·+4+26+5+8+1+25+3+6
No longer listed·6253852531
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 9 funders to 31 funders, grant income rose $189k → $3.7M.

22 of 50 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 71% 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 FRANKLIN ROAD ACADEMY INC’s funders (the co-funder graph). Top 30 of 50 funders by total. 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

FRANKLIN ROAD ACADEMY INC has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

71% 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 FRANKLIN ROAD ACADEMY INC.

23%
largest funder
50%
top three
~9
effective funders

Largest funder’s share by year: 2017 37% · 2018 32% · 2019 28% · 2020 44% · 2021 43% · 2022 30% · 2023 56% — growing more concentrated.

“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.

How long its funders stay

68% of FRANKLIN ROAD ACADEMY INC's funders are still giving 3 years after their first grant; 76% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

71% of FRANKLIN ROAD ACADEMY 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 $5.2M that is directly attributable, 86% of it comes from Tennessee funders.

WI
MI
NY
MA
IA
PA
TN
NC
MS
FL

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

’17
’18
’19
’20
’21
’22
’23
Tennessee out of state home

Funder states come from each funder’s own filing. $13M arriving through sponsors registered in 16 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

FRANKLIN ROAD ACADEMY INC runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin19% · top quartile
Months of reserve4.6mo · above the median
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like FRANKLIN ROAD ACADEMY 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 Tennessee

Nationally

05Profile & governance

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

Where the money goes

90% of spending goes to programs.

Program 90%Management 7%Fundraising 4%

Governance

22
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

78%

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 FRANKLIN ROAD ACADEMY 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 FRANKLIN ROAD ACADEMY INC?
FRANKLIN ROAD ACADEMY INC (Tennessee) receives grants from 50 organizations whose IRS filings report $17,886,763 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($4,139,500). 38 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FRANKLIN ROAD ACADEMY INC have?
IRS filings report 50 organizations giving $17,886,763 in grants to FRANKLIN ROAD ACADEMY INC, 38 of which have funded it in more than one year.
Who is the largest funder of FRANKLIN ROAD ACADEMY INC?
NATL CHRISTIAN CHARITABLE FDN INC is the largest funder on record, with $4,139,500 in grants. The full list of funders is on this page.
How can an organization like FRANKLIN ROAD ACADEMY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 50 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