Connecticut · Nonprofit
THE FRANKLIN ACADEMY INC
THE FRANKLIN ACADEMY INC (Connecticut) receives grants from 24 organizations whose IRS filings report $1,000,012 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($289,750). 14 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $8.3M
- Funders on record
- 24
- Grants received
- $1.0M
- Net assets
- $-2997552
What The Franklin Academy Inc does
Mission
Franklin academy is an accredited college preparatory boarding school, serving bright students in grades 8-12, and pg. Franklin creates a community-focused boarding and day school where students with unique learning styles develop and strengthen academic and social competencies vital to the pursuit of college goals, professional aspirations, and fulfilling lives.
As stated on its FY2025 Form 990.
Program
Franklin academy is an independent, nonprofit college preparatory boarding and day school located in east haddam serving neurodivergent students in grades 8 through postgraduate. The school provides a comprehensive educational program for students with diverse learning profiles, including autism, adhd, executive functioning challenges, and related social communication differences, through a strength-based and student-centered approach that integrates rigorous adademics with individualized executive functioning support, social development, residential life programming, athletics, arts, and college and career readiness services. Through small class sizes, advisory systems, experiential learning opportunities, leadership development, and structured residential programming, franklin academy supports students in building indepedence, self-awareness, resilience, and interpersonal skills while preparing them for success in higher eduation, employment, and community life. During the 2024-2025 academic year, franklin academy achieved record new student enrollment, successfully relaunched its summer at franklin program at full enrollment capacity, and piloted the launch of its post-graduate…
$6,517,180 spentof which $432,759 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $6,517,180.
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.
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 $8.6M to $9.9M (+14%).
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.
Government-grant reliance: 2021 10% · 2022 1%. Grants only. Government contracts and fees sit inside program revenue.
5% of THE FRANKLIN ACADEMY INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
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
Belinda Brennan
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 9 funders, grant income rose $1k → $239k.
10 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% 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 THE FRANKLIN ACADEMY 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
THE FRANKLIN ACADEMY INC has a broad base — no single funder exceeds 29% 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
63% 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 THE FRANKLIN ACADEMY INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 34% · 2020 42% · 2021 32% · 2022 27% · 2023 34% — 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.
How long its funders stay
40% of THE FRANKLIN ACADEMY INC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
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
63% of THE FRANKLIN 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 $373k that is directly attributable, 84% of it comes from funders outside Connecticut, across 9 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $627k arriving through sponsors registered in 8 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.
Against its field
THE FRANKLIN ACADEMY INC's revenue grew 24% between 2017 and 2025.
this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025
Government funding THE FRANKLIN ACADEMY INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $49k on record.
- State Aid Grants$49k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like THE FRANKLIN 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 Connecticut
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for THE FRANKLIN 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.
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 THE FRANKLIN ACADEMY INC?
- THE FRANKLIN ACADEMY INC (Connecticut) receives grants from 24 organizations whose IRS filings report $1,000,012 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($289,750). 14 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE FRANKLIN ACADEMY INC have?
- IRS filings report 24 organizations giving $1,000,012 in grants to THE FRANKLIN ACADEMY INC, 14 of which have funded it in more than one year.
- Who is the largest funder of THE FRANKLIN ACADEMY INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $289,750 in grants. The full list of funders is on this page.
- How can an organization like THE FRANKLIN ACADEMY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. 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 Franklin Academy →
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 24 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