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Nonprofit · EIN 03-0461971

FRANKLIN DOWNTOWN PARTNERSHIP INC

Tax-exempt · FRANKLIN, MA 02038

Financials

$90K$83K2023$73K$86K2024
Revenue Expenses · by fiscal year end
Financials of FRANKLIN DOWNTOWN PARTNERSHIP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$72,984$86,207-$13,223$38,122$0$38,122
December 31, 2023990-EZ$89,595$83,388$6,207$51,345$0$51,345
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$79,417
Net income from fundraising events
-$6,433

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$54,002
Professional fees and payments to contractors
$5,470
Occupancy
$2,766
Other expenses
$23,969
Program services (functional)
$79,286

Balance sheet and other

Total assets, start of year
$51,345
Total assets, end of year
$38,122
Total liabilities, end of year
$0
Net assets, end of year
$38,122
Cash, savings and investments
$36,597
Gross receipts
$86,262

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Lisa PianaExecutive Director24$0
Roberta TrahanVice President2$0
Gary E DonelanTreasurer2$0
Denise PearsonSecretary1$0
Scott MartinPresident1$0
Pandora CarlucciDirector1$0
Bryan TabernerDirector1$0
Chris PetersenDirector1$0
Kevin JohnsonDirector1$0
Greg SaffordDirector1$0
Greg ChalkDirector1$0
William IngramDirector1$0
Matt LechterDirector1$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Lisa PianaExecutive Director24$0
Roberta TrahanVice President2$0
Gary E DonelanTreasurer2$0
Denise PearsonSecretary1$0
Scott MartinPresident1$0
Pandora CarlucciDirector1$0
Bryan TabernerDirector1$0
Chris PetersenDirector1$0
Kevin JohnsonDirector1$0
Greg SaffordDirector1$0
Greg ChalkDirector1$0
William IngramDirector1$0

Address and contacts

Address (IRS master file)
PO BOX 413, FRANKLIN, MA 02038-0413
In care of
% LISA PIANA
Mailing address (990-N for 2009)
P O Box 413, 9 East Central St, Franklin MA 02038
Principal officer (990-N for 2009)
Nicole Fortier, 9 East Central St, Franklin MA 02038
Signed the 990-EZ
LISA PIANA, Executive Director
Phone
(774) 571-3109
Return prepared by
Elaine Renzi CPA

Mission

A vibrant downtown

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Educating the public regarding the importance of, and promoting projects for, maintaining and improving a vibrant downtown
    Expenses $79,286

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
03-0461971
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$38,122
Income (IRS master file)
$86,262

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$72,984$86,207$38,122XML
990-EZDecember 2023$89,595$83,388$51,345XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-N for 2009
Officer: Nicole Fortier
May 31, 2010≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0461971).

Questions about FRANKLIN DOWNTOWN PARTNERSHIP INC

What is the EIN of FRANKLIN DOWNTOWN PARTNERSHIP INC?
The employer identification number (EIN) of FRANKLIN DOWNTOWN PARTNERSHIP INC is 03-0461971.
Is FRANKLIN DOWNTOWN PARTNERSHIP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to FRANKLIN DOWNTOWN PARTNERSHIP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRANKLIN DOWNTOWN PARTNERSHIP INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRANKLIN DOWNTOWN PARTNERSHIP INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRANKLIN DOWNTOWN PARTNERSHIP INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of FRANKLIN DOWNTOWN PARTNERSHIP INC?
The 990-N for 2009 names Nicole Fortier.
Who are the officers and directors of FRANKLIN DOWNTOWN PARTNERSHIP INC?
The 990-EZ for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does FRANKLIN DOWNTOWN PARTNERSHIP INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $72,984, expenses of $86,207 and total assets of $38,122 at year end.

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