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Filing year 2023

The Franklin Academy

Bellingham, Washington·EIN 91-1434401·NTEE B20 · Education·501(c)(3)
Total revenue
$5.8M
Total assets
$5.5M
Total expenses
$5.7M
Reported officers
12
Mission

Provide education integrating STEM, rigor, and leadership while developing character based on timeless values in a close-knit community.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Washington.

Head of School
Officer (Unspecified)
$237k
$259k
Base
$160k
Bonus
$60k
Other
Benefits
$11k
Director of Finance and Operations
10th to 25th percentile
$30k
$32k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Franklin Academy equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 52%
from 2022

From $155k in 2022 to $237k in 2023.

$155k
2022
$237k
2023
In today's dollarsEst.
Up 46% in real terms$177k to $259k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay fell 67% from 2022 to 2023, while revenue rose 18%.

$89k in 2022 to $30k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about The Franklin Academy

What does the Chief Financial Officer of The Franklin Academy earn?

In 2023, the Chief Financial Officer of The Franklin Academy received $29,599 in total compensation. This pay is in the bottom quarter for Chief Financial Officer roles among Education organizations in Washington, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at The Franklin Academy compare with similar nonprofits?

Compared with the same role at Education organizations in Washington, the 2023 pay of the Chief Financial Officer at The Franklin Academy falls between the 10th and 25th percentiles. In 2023, the highest total compensation at The Franklin Academy equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are The Franklin Academy's revenue and expenses?

In 2023, The Franklin Academy reported $5.8M in total revenue and $5.7M in total expenses on its IRS Form 990.

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