Nonprofit · EIN 75-2234423
FRANKLIN MINISTRIES INC
Tax-exempt · NASHVILLE, TN 37217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $90,777 | $84,967 | $5,810 | $78,641 | $5,635 | $73,006 |
| December 31, 2024 | 990 | $91,618 | $111,929 | -$20,311 | $76,427 | $6,564 | $69,863 |
| December 31, 2023 | 990 | $101,171 | $136,269 | -$35,098 | $100,690 | $8,094 | $92,596 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $77,006
- Program service revenue
- $0
- Investment income
- $13,771
- Net gain from sales of assets
- -$2,499
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,880
- Compensation of officers, directors and key employees
- $41,004
- Salaries, compensation and benefits (total)
- $44,141
- Professional fundraising fees
- $0
- Legal fees
- $1,731
- Travel
- $5,931
- Depreciation
- $4,059
- Program services (functional)
- $69,483
- Management and general (functional)
- $15,484
Balance sheet and other
- Total assets, start of year
- $76,427
- Total assets, end of year
- $78,641
- Total liabilities, end of year
- $5,635
- Net assets, end of year
- $73,006
- Land, buildings and equipment
- $256
- Publicly traded securities
- $72,698
- Gross unrelated business income
- $16,270
- Gross receipts
- $98,076
- Employees
- 1
- Volunteers
- 1
- Year formed
- 2003
- State of legal domicile
- TN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA FRANKLIN | PRESIDENT/DIRECTOR Trustee or director, Officer, Highest-paid employee | 20 | $41,004 |
| DR FRED STIFEL | SECRETARY/DIRECTOR Trustee or director, Officer | 2 | $0 |
| PATRICIA BEVERSTEIN | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA FRANKLIN | PRESIDENT/DIRECTOR Trustee or director, Officer, Highest-paid employee | 20 | $55,816 |
| DR FRED STIFEL | SECRETARY/DIRECTOR Trustee or director, Officer | 2 | $0 |
| PATRICIA BEVERSTEIN | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA FRANKLIN | PRESIDENT/DIRECTOR Trustee or director, Officer, Highest-paid employee | 20 | $60,000 |
| DR FRED STIFEL | SECRETARY/DIRECTOR Trustee or director, Officer | 2 | $0 |
| PATRICIA BEVERSTEIN | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 17247, NASHVILLE, TN 37217-0247
- Principal officer (990 for 2025)
- BARBARA FRANKLIN, PO BOX 17247, NASHVILLE, TN 37217
- Signed the 990
- BARBARA FRANKLIN, PRESIDENT
- Phone
- (615) 773-8480
- Return prepared by
- GAMMON DRUECK & WATSON CPAS PLLC
Mission
SPREADING THE GOSPEL OF JESUS CHRIST THROUGH AN OVERSEAS MUSIC MINISTRY
Program accomplishments
- CHARITABLE CONTRIBUTIONS TO OTHER 501 (C) 3 ENTITIES, HFTW AND WORSHIP CITYExpenses $69,483
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2234423
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X21Z)
- Assets (IRS master file)
- $78,641
- Income (IRS master file)
- $98,076
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $90,777 | $84,967 | $78,641 | IRS |
| 990 | December 2024 | $91,618 | $111,929 | $76,427 | IRS |
| 990 | December 2023 | $101,171 | $136,269 | $100,690 | XML |
| 990 | December 2022 | $89,397 | $114,722 | $125,859 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 75-2234423).
Questions about FRANKLIN MINISTRIES INC
- What is the EIN of FRANKLIN MINISTRIES INC?
- The employer identification number (EIN) of FRANKLIN MINISTRIES INC is 75-2234423.
- Is FRANKLIN MINISTRIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to FRANKLIN MINISTRIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRANKLIN MINISTRIES 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 MINISTRIES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANKLIN MINISTRIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FRANKLIN MINISTRIES INC?
- The 990 for the year ended December 31, 2025 names BARBARA FRANKLIN.
- Who are the officers and directors of FRANKLIN MINISTRIES INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $41,004 (BARBARA FRANKLIN, PRESIDENT/DIRECTOR).
- How much revenue does FRANKLIN MINISTRIES INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $90,777, expenses of $84,967 and total assets of $78,641 at year end.
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