Education (B112) IRS Verified DX Registered 990 on File

FRIENDS OF FRANKLIN FINE ARTS CENTER NFP

EIN: 77-0603953 · CHICAGO, IL 60610-1813 · United States · FY 2025 Data

4 out of 5 75 / 100 Based on 2+ years of filings

Financial strength (30%) 75/100

Reliability (20%) 70/100

Effectiveness (25%) 73/100

Impact (25%) 80/100

Financial data: FY 2025 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

Friends of Franklin (FOF) is a passionate group of parents, caregivers, teachers, and community members united by a common mission: to enhance the educational journey of Franklin students and cultivate an environment within our school community where everyone can thrive. FOF organizes community activities and fundraising events to achieve its mission and goals. The organization relies heavily on donors and volunteers throughout the school year to support with these activities and events at Franklin. Franklin Fine Arts Center is the city’s only citywide magnet school for the arts with over 50% low-income families. Franklin remains committed to education equity, offering all Chicago children the chance to receive a top-tier academic and arts education at no cost.

Financial Overview — FY 2025

$97K

Total Revenue

$85K

Total Expenses

N/A

Net Assets

Employees

Revenue Sources

Program Expense Ratio N/A

Fundraising Efficiency 0.0%

Operating Reserve N/A

Liability-to-Asset 0.0%

Revenue Diversification N/A

Executive Compensation $0

Compared with Peers

FY 2025

Compared with 13,695 similar organizations (United States, Education, under $100K in expenses), FY 2025.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	0.0%	38.7%	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.0%	P10P90	Top quarter
Revenue growth Year over year revenue growth	-2.5%	0.7%	P10P90
Expense growth Year over year expense growth	-15.8%	0.0%	P10P90
Surplus margin Surplus as a share of revenue	12.8%	10.7%	P10P90

Impact

3 programs

Outcome / Program	People Served	Cost / Service	# Completed	Duration
Passing Grade	400	$200.00	—	Per Year
Passing Grade	400	$200.00	—	Per Year
Stay in school	200	$200.00	—	Per Year

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$97K	$85K	N/A	—	0
2024	$100K	$101K	$176K	98.2%	—
2023	$82K	$50K	$177K	95.7%	—
2022	$107K	$117K	$144K	98.8%	—
2019	$169K	$134K	N/A	—	1

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Organization Details

EIN: 77-0603953
State: IL
City: CHICAGO
ZIP: 60610-1813
Classification: B112
Category: Education
Rating: 4★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1968
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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