Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 31-1109732

FRANKLIN HERITAGE INC

Tax-exempt · FRANKLIN, IN 46131

Financials

$1.3M$1.4M2023$1.3M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of FRANKLIN HERITAGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,275,068$1,226,759$48,309$1,341,748$209,799$1,131,949
December 31, 2023990$1,311,049$1,437,616-$126,567$1,336,530$252,890$1,083,640
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$386,899
of which government grants
$30,258
Membership dues
$85,950
Program service revenue
$583,855
Investment income
$17,238
Net rental income
$17,250
Net income from fundraising events
$5,060
Net income from gaming
$25,652
Net income from sales of inventory
$238,428
Other revenue
$287,076

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$67,575
Other salaries and wages
$399,576
Salaries, compensation and benefits (total)
$571,071
Professional fundraising fees
$0
Legal fees
$8,068
Accounting fees
$2,805
Occupancy
$85,692
Travel
$14,195
Depreciation
$52,045
Program services (functional)
$386,919
Management and general (functional)
$837,700
Fundraising (functional)
$2,140

Balance sheet and other

Total assets, start of year
$1,336,530
Total assets, end of year
$1,341,748
Total liabilities, end of year
$209,799
Net assets, end of year
$1,131,949
Land, buildings and equipment
$721,781
Gross receipts
$1,304,322
Employees
19
Volunteers
14
Year formed
1983
State of legal domicile
IN

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ROBERT SHILTSEXECUTIVE DI
Officer
40$67,575
JESSICA GILESBOARD MEMBER
Trustee or director
0.5$0
GREG QUAGLIARABOARD MEMBER
Trustee or director
0.5$0
JANETTE KOONBOARD MEMBER
Trustee or director
0.5$0
BETSY DUSOLDBOARD MEMBER
Trustee or director
4$0
WENDY SHULERBOARD MEMBER
Trustee or director
0.5$0
JACOB SAPPENFIELDBOARD MEMBER
Trustee or director
0.5$0
CONNIE HILLBOARD MEMBER
Trustee or director
0.5$0
ANDREW WELLERPRESIDENT
Trustee or director, Officer
2$0
KRISTA LINKEVICE PRESIDE
Trustee or director, Officer
1$0
DELVAN ROEHLINGTREASURER
Trustee or director, Officer
1$0
JOHN MEHLINGBOARD MEMBER
Trustee or director
4$0
TERRY GEORGEBOARD MEMBER
Trustee or director
0.5$0
DAVE PURKBOARD MEMBER
Trustee or director
0.5$0
ROXI MORRISBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
ROBERT SHILTSEXECUTIVE DI
Officer
40$65,107
JESSICA GILESBOARD MEMBER
Trustee or director
0.25$0
KRISTA LINKEBOARD MEMBER
Trustee or director
0.25$0
JANETTE KOONBOARD MEMBER
Trustee or director
0.25$0
BETSY DUSOLDBOARD MEMBER
Trustee or director
0.5$0
WENDY SHULERBOARD MEMBER
Trustee or director
0.25$0
JACOB SAPPENFIELDBOARD MEMBER
Trustee or director
0.25$0
CONNIE HILLBOARD MEMBER
Trustee or director
0.25$0
MARTIN BIELAWSKIPRESIDENT
Trustee or director, Officer
0.5$0
ANDREW WELLERVICE PRESIDE
Trustee or director, Officer
0.25$0
GREG QUAGLIARASECRETARY
Trustee or director, Officer
0.5$0
MARILYN WELLSTREASURER
Trustee or director, Officer
0.75$0

Address and contacts

Address (IRS master file)
48 E MADISON ST, FRANKLIN, IN 46131-2340
In care of
% ROB SHILTS
Principal officer (990 for 2024)
ROBERT SHILTS, 98 N WALNUT ST, FRANKLIN, IN 46131
Signed the 990
KRISTA LINKE, VICE PRESIDENT
Phone
(317) 736-6823
Return prepared by
L M HENDERSON & COMPANY LLP

Mission

TO PROMOTE AND ENCOURAGE INTEREST IN HISTORIC RESIDENTIAL AND COMMERCIAL REAL PROPERTY IN JOHNSON COUNTY, INDIANA.

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTION AND ENCOURAGEMENT OF INTEREST IN HOMES, BUILDINGS, PROPERTIES, HISTORY AND HERITAGE OF FRANKLIN AND THE JOHNSON COUNTY INDIANA AREA.
    Expenses $386,919 · revenue $583,855
  • ACQUISITION AND RESALE OF SITES, STRUCTURES OR ARTIFACTS WHICH ARE OF HISTORIC, ARCHEOLOGICAL OR ARCHITECTURAL VALUE IN JOHNSON COUNTY, INDIANA.

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1109732
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,341,748
Income (IRS master file)
$1,304,322

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,275,068$1,226,759$1,341,748XML
990December 2023$1,311,049$1,437,616$1,336,530XML
990December 2022$1,300,040$1,130,044$1,507,291IRS
990December 2021–––IRS
990December 2020–––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 31-1109732).

Questions about FRANKLIN HERITAGE INC

What is the EIN of FRANKLIN HERITAGE INC?
The employer identification number (EIN) of FRANKLIN HERITAGE INC is 31-1109732.
Is FRANKLIN HERITAGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to FRANKLIN HERITAGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRANKLIN HERITAGE 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 HERITAGE 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 HERITAGE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRANKLIN HERITAGE INC?
The 990 for the year ended December 31, 2024 names ROBERT SHILTS.
Who are the officers and directors of FRANKLIN HERITAGE INC?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $67,575 (ROBERT SHILTS, EXECUTIVE DI).
How much revenue does FRANKLIN HERITAGE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,275,068, expenses of $1,226,759 and total assets of $1,341,748 at year end.

Other nonprofits in FRANKLIN

All nonprofits in FRANKLIN · Indiana