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Nonprofit · EIN 27-2123983

FRANKLIN ACADEMY FOUNDATION INC

Also known as FRANKLIN ACADEMY

Tax-exempt (reinstated) · SW RANCHES, FL 33332

Financials

$90.7M$93.4M2022$117.7M$99.7M2023$114.8M$105.6M2024
Revenue Expenses · by fiscal year end
Financials of FRANKLIN ACADEMY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$114,777,944$105,567,972$9,209,972$220,465,562$193,317,267$27,148,295
June 30, 2024990$117,695,471$99,700,246$17,995,225$214,408,039$196,469,716$17,938,323
June 30, 2023990$90,679,469$93,386,024-$2,706,555$200,927,319$200,984,221-$56,902
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$105,893,449
of which government grants
$105,893,449
Program service revenue
$7,875,204
Investment income
$396,842
Other revenue
$612,449

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$210,656
Other salaries and wages
$49,991,058
Salaries, compensation and benefits (total)
$50,201,714
Professional fundraising fees
$0
Occupancy
$4,376,594
Depreciation
$6,892,907
Program services (functional)
$97,473,569
Management and general (functional)
$8,094,403

Balance sheet and other

Total assets, start of year
$214,408,039
Total assets, end of year
$220,465,562
Total liabilities, end of year
$193,317,267
Net assets, end of year
$27,148,295
Land, buildings and equipment
$119,370,614
Net assets without donor restrictions
$27,148,295
Gross receipts
$114,777,944
Employees
1,057
Volunteers
14,200
Year formed
2006
State of legal domicile
FL

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SCOTT E SZNITKENEXECUTIVE DIRECTOR
Key employee
40$200,531$27,000
DANIEL SANDBERGSUPERINTENDENT OF SCHOOLS
Highest-paid employee
40$182,974$6,000
ELENA DIAZSCHOOL PRINCIPAL
Highest-paid employee
40$156,665$3,600
SERGIO DELGADOSCHOOL PRINCIPAL
Highest-paid employee
40$142,459$2,400
ALEXNDRA E FOXSCHOOL PRINCIPAL
Highest-paid employee
40$137,571$3,461
DIANE SHOWALTERSCHOOL PRINCIPAL
Highest-paid employee
40$122,287$2,749
DR DAVID THOMASCHAIR, DIRECTOR
Trustee or director, Officer
1$0$0
DR JACQUELINE GREENBERGDIRECTOR
Trustee or director
1$0$0
DEBORAH ORSHEFSKYDIRECTOR
Trustee or director
1$0$0
ALEXANDRA LONSDALEDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
SCOTT E SZNITKENEXECUTIVE DIRECTOR
Key employee
40$190,850$26,025
DANIEL SANDBERGSUPERINTENDENT OF SCHOOLS
Highest-paid employee
40$199,992$6,000
ELENA DIAZSCHOOL PRINCIPAL
Highest-paid employee
40$142,255$3,600
SERGIO DELGADOSCHOOL PRINCIPAL
Highest-paid employee
40$128,461$2,400
DIANE SHOWALTERSCHOOL PRINCIPAL
Highest-paid employee
40$125,635$0
ALEXNDRA E FOXSCHOOL PRINCIPAL
Highest-paid employee
40$120,514$3,290
DR DAVID THOMASCHAIR, DIRECTOR
Trustee or director, Officer
1$0$0
DR JACQUELINE GREENBERGDIRECTOR
Trustee or director
1$0$0
CATHERINE ARCABASCIODIRECTOR
Trustee or director
1$0$0
DEBORAH ORSHEFSKYDIRECTOR
Trustee or director
1$0$0
ALEXANDRA KRUSEDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
DANIEL SANDBERGSUPERINTENDENT OF SCHOOLS
Highest-paid employee
40$180,467$6,000
SCOTT E SZNITKENEXECUTIVE DIRECTOR
Key employee
40$163,680$22,320
ELENA DIAZSCHOOL PRINCIPAL
Highest-paid employee
40$129,970$3,600
RENA TORNOPSKYSCHOOL PRINCIPAL
Highest-paid employee
40$122,191$2,800
SERGIO DELGADOSCHOOL PRINCIPAL
Highest-paid employee
40$115,810$2,600
ALEXANDRA FOXSCHOOL PRINCIPAL
Highest-paid employee
40$114,278$3,443
DIANE SHOWALTERSCHOOL PRINCIPAL
Highest-paid employee
40$112,295$0
DR DAVID THOMASCHAIR, DIRECTOR
Trustee or director, Officer
1$0$0
DR JACQUELINE GREENBERGDIRECTOR
Trustee or director
1$0$0
ALEXANDRA LONSDALEDIRECTOR
Trustee or director
1$0$0
DEBORAH ORSHEFSKYDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
5000 SW 207TH TER, SW RANCHES, FL 33332-1547
In care of
% SCOTT SZNITKEN
Principal officer (990 for 2024)
DR DAVID THOMAS, 5000 SW 207TH TERRACE, PEMBROKE PINES, FL 33332
Signed the 990
SCOTT SZNITKEN, EXECUTIVE DIRECTOR
Phone
(954) 745-7601
Return prepared by
VERDEJA & ALVAREZ LLP

Mission

TO CREATE LIFE-LONG LEARNERS BY DEVELOPING CRITICAL THINKING SKILLS AND PROMOTING HIGH LEVELS OF ACADEMIC ACHIEVEMENT IN STUDENTS, WHILE MEETING THE BENCHMARKS OF A STANDARDS-BASED CURRICULUM UTILIZING VARIED RESEARCH-BASED INSTRUCTIONAL STRATEGIES, TECHNOLOGIES, AND MEDIA, WITH AN EMPHASIS ON CHARACTER DEVELOPMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • UTILIZING AN INTERCULTURAL-MINDEDNESS MODEL AND A STANDARDS-BASED CURRICULUM, THE MISSION OF FRANKLIN ACADEMY IS TO CREATE COMPASSIONATE, ENGAGED, LIFE-LONG LEARNERS BY PROMOTING A CULTURE OF COLLABORATION AND HIGH EXPECTATIONS THAT EMPHASIZES CHARACTER DEVELOPMENT THROUGH ACTIVE SERVICE IN THE LOCAL, NATIONAL AND INTERNATIONAL COMMUNITY, WHILE ADHERING TO THE PRINCIPLE THAT ALL CHILDREN CAN LEARN.
    Expenses $97,473,569 · revenue $8,487,653

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-2123983
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$220,465,562
Income (IRS master file)
$114,777,944

Revocation and reinstatement

Exemption revoked
November 15, 2012
Posted by the IRS
April 8, 2013
Reinstated
Effective November 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$114,777,944$105,567,972$220,465,562IRS
990June 2024$117,695,471$99,700,246$214,408,039XML
990June 2023$90,679,469$93,386,024$200,927,319XML
990June 2022$83,546,257$81,322,019$201,426,432IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

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 27-2123983).

Questions about FRANKLIN ACADEMY FOUNDATION INC

What is the EIN of FRANKLIN ACADEMY FOUNDATION INC?
The employer identification number (EIN) of FRANKLIN ACADEMY FOUNDATION INC is 27-2123983.
Is FRANKLIN ACADEMY FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2012 and reinstated it effective November 15, 2012.
Are donations to FRANKLIN ACADEMY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRANKLIN ACADEMY FOUNDATION 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 ACADEMY FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRANKLIN ACADEMY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FRANKLIN ACADEMY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names DR DAVID THOMAS.
Who are the officers and directors of FRANKLIN ACADEMY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 10 people; 6 received compensation from the organization, the highest $200,531 (SCOTT E SZNITKEN, EXECUTIVE DIRECTOR).
How much revenue does FRANKLIN ACADEMY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $114,777,944, expenses of $105,567,972 and total assets of $220,465,562 at year end.

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