Housing & Shelter
(L222)
990 on File
FRANKLIN HOME FOR THE AGED ASSOCIATION
Financial strength (30%)
37/100
Reliability (20%)
55/100
Effectiveness (25%)
21/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$4.9M
Total Revenue
$6.6M
Total Expenses
$-1,836,645
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
27.0%
Fundraising Efficiency
N/A
Operating Reserve
-3.33x
Liability-to-Asset
107.5%
Revenue Diversification
2.6%
Executive Compensation
$237K
Compared with Peers
FY 2024
Compared with 2,572 similar organizations
(United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
27.0% | 87.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-3.3 mo | 12.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
107.5% | 39.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
2.6% | 89.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
26.8% | 6.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
26.0% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-34.2% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4.9M | $6.6M | $-1,836,645 | 27.0% | — |
| 2023 | $3.9M | $5.3M | $-189,227 | 26.2% | — |
| 2022 | $1.8M | $3.8M | $1.0M | 38.7% | — |
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