2026-05-29T08:56:57-05:00 2025-07-31 882533599 WERSEN NONPROFIT CPAS LLC 4513 Lakeway Drive Bellingham WA 98229 990 2024-08-01 911434401 The Franklin Academy FRAN 3607331750 1509 E Victor St Bellingham WA 98225 Scott Whitman Treasurer 3607331750 2026-05-29 1 0 Keaton Wersen CPA P01957642 3607709369 X 2024 2025-03-06 01:10:19Z Scott Whitman 1509 E Victor St Bellingham WA 98225 6797476 0 X thefranklin.academy X 2001 WA Provide education integrating STEM, rigor, and leadership while developing character based on timeless values in a close-knit community. 12 12 106 168 0 0 1222644 1357771 4474727 4836872 6205 48204 138646 214257 5842222 6457104 197866 590350 0 0 3862544 4177671 0 0 119547 1648357 1266794 5708767 6034815 133455 422289 5479355 6641012 4886253 5611481 593102 1029531 Provide education integrating STEM, rigor, and leadership while developing character based on timeless values in a close-knit community. 0 0 4637195 590350 4924591 The Academy's programs include a preschool for children ages 2 1/2 and up, as well as an elementary/middle school for children in grades Kindergarten through 8th grade. The academic programs aim to provide a strong foundation for learning, global citizenship, and a life of significance. The Academy joins other schools and universities that celebrate a love of challenging questions, rigorous inquiry, free expression and service to others.Grants include Academy-funded financial aid to eligible families and discounts to employees. 4637195 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 9 0 1 106 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X Anne-Marie Misko-Kennedy 3607331750 1509 E Victor St Bellingham WA 98225 Matt Conner President 1.00 X X 0 0 0 Sarah Kaiser 1st Vice President 1.00 X X 0 0 0 Nadia Boulos Secretary 1.00 X X 0 0 0 Scott Whitman Treasurer 1.00 1.00 X X 0 0 0 Jennifer Bowles Board Member 1.00 X 0 0 0 Jaime Cleveland Board Member 1.00 X 0 0 0 Nicholas Kaiser Board Member 1.00 1.00 X 0 0 0 Kevin Cooley Board Member 1.00 X 0 0 0 Greg Stevenson Board Member 1.00 X 0 0 0 John Mulhern Board Member 1.00 X 0 0 0 Danielle Tandon Board Member 1.00 X 0 0 0 Bassam Boulos Board Member 1.00 X 0 0 0 Tung Mai Board Member 1.00 X 0 0 0 Gretchen Bucsko Head of School 40.00 X 179418 0 19234 Anne-Marie Misko-Kennedy Director of Finance and Op 40.00 X 86599 0 8290 Melanie Hurley Associate Head of School 40.00 X 109835 0 11631 375852 0 39155 2 0 1 0 Cleaning Theory 36 Strawberry Point Ct Bellingham WA 98229 Janitorial services 216380 RAM Construction 4290 Pacific Hwy Bellingham WA 98226 Construction 187491 2 782475 575296 198910 1357771 Tuition 611110 4594100 4594100 School programs 611110 220959 220959 Fees 611110 21813 21813 4836872 48204 48204 68262 0 68262 68262 68262 398648 782475 340372 58276 58276 Other 611110 87719 87719 87719 6457104 4924591 0 174742 365550 365550 224800 224800 344346 21600 292747 29999 3287347 2680416 551507 55424 41940 29009 12169 762 200844 176380 20235 4229 303194 209746 87793 5655 3859 3859 47400 47400 218662 177884 39551 1227 23174 7837 11788 3549 31497 13007 14002 4488 421417 308912 107288 5217 66896 50172 16724 96371 73373 15332 7666 Supplies and equipment 143103 112608 30271 224 Education and teaching 138275 138275 Bad debt write-off 13950 13950 Dues and memberships 12248 1818 9422 1008 49942 45808 4035 99 6034815 4637195 1278073 119547 2747003 574031 2662686 2111927 2526278 224331 331194 1020140 661845 249215 358295 139879 156590 7000 31938 5479355 6641012 426694 418131 4459559 5193350 4886253 5611481 X -66477 397477 659579 632054 593102 1029531 5479355 6641012 422289 14140 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 139879 16711 156590 118399 21480 139879 110061 8338 118399 125811 -15750 110061 100823 24988 125811 0.00000 0.27110 0.72890 0 0 187753 8192 179561 367807 209286 158521 464580 444367 20213 358295 Part V, Line 4: The endowments are intended to be used for tuition assistance and teacher enrichment expenses. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Posting on the Academy's public website, sharing in newspapers and broadcast media Gala 1139198 740550 398648 54426 41773 27296 213733 Walk-a-thon 41925 41925 3144 1181123 782475 398648 54426 41773 27296 216877 340372 58276 1 The Franklin Force Foundation 1509 E Victor St Bellingham WA 98225 871587326 501(c)(3) 365550 0 Transfer of capital campaign contributions 1 Tuition discount for staff 16 87950 Tuition assistance 37 136850 Part I, Line 2: Grants to Franklin Force Foundation, a related party, are approved by management and the board. Families apply for tuition assistance by providing several pieces of information used to determine eligibility and amount of award. Per employee handbook, tuition discounts are available to employees at 0.75 FTE and each employee is eligibile to receive up to 50% of tuition per qualifying relative student. Exceptions for staff with an FTE less than 0.75 may be granted at the sole discretion of the Head of School. All tuition assistance and discounts are tracked by management through FACTS tuition management software. X X 0 0 0 0 0 0 0 0 0 Gretchen Bucsko Head of School 173535 0 5883 0 0 0 5452 0 13782 0 198652 0 0 0 Part I, Line 3 Salary for the Head of School is determined and approved by the Executive Committee of the Board. 6000 Discounted tuition Discounted tuition X Auction items 561 192366 FMV 0 0 0 Part I, Column (b): The Organization reports the number of items contributed. Form 990, Part VI, Section A, line 2 Nicholas and Sarah Kaiser have a familial relationship. Form 990, Part VI, Section A, line 6 Parents of students are members of the Academy. Form 990, Part VI, Section B, line 11b The Board assigns responsibility to the Audit Committee to review the Form 990 and make recommendations to the Board to approve the tax return. The Form 990 is provided to all board members prior to filing. Form 990, Part VI, Section B, line 12c The Board monitors possible conflicts of interest and updates all board members annually. Form 990, Part VI, Section B, line 15 The Executive Committee performs a review of the Head of School's salary by reviewing the local market for similiar positions, performance and other factors, and the decision is documented. The top financial officer salary is reviewed by the Head of School and then presented to the board of directors for approval. The compensation is based on the local markets for similar positions, performance and factors. Form 990, Part VI, Section C, line 19 The Academy's governing documents, conflict of interest policy, and financial statements are available upon request. Franklin Force Foundation 1509 E Victor St Bellingham WA 98225 871587326 Support Franklin Academy WA 501(c)(3) Line 12a, I N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0