Skip to main content

Nonprofit · EIN 84-2628215

FRANKLIN CENTER FOR INNOVATION INC

Tax-exempt · FRANKFORT, KY 40601

Financials

$124K$129K2023
Revenue Expenses · by fiscal year end
Financials of FRANKLIN CENTER FOR INNOVATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$124,223$129,387-$5,164$11,895$5,644$6,251
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$115,843
Program service revenue
$8,380

Expenses

Compensation of officers, directors and key employees
$25,175
Professional fees and payments to contractors
$31,219
Occupancy
$56,329
Printing, publications and postage
$280
Other expenses
$41,559
Program services (functional)
$129,387

Balance sheet and other

Total assets, start of year
$19,152
Total assets, end of year
$11,895
Total liabilities, end of year
$5,644
Net assets, end of year
$6,251
Cash, savings and investments
$1,477
Gross receipts
$124,223

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
JASON ALLENEXECUTIVE DI40$22,400
JAMIE RUETREASURER3.5$2,775
GARY STRATTONPRESIDENT1$0
KELLEY ANDERSONSECRETARY4$0
MALEK DEANCOMMUNICATIO1$0
TISA CONWAY-CUNNINGHAMBOARD MEMBER1$0
KRYSTAL CONWAY-CUNNINGHAMBOARD MEMBER1$0

Address and contacts

Address (IRS master file)
700 LESLIE AVE, FRANKFORT, KY 40601-1238
Mailing address (990-N for 2020)
801 SCHENKEL LANE SUITE 200, FRANKFORT KY 40601
Principal officer (990-N for 2020)
GARY STRATTON, 801 SCHENKEL LANE SUITE 200, FRANKFORT KY 40601
Signed the 990-EZ
JAMIE RUE, TREASURER
Phone
(502) 382-0367
Return prepared by
HARROD & ASSOCIATES

Mission

FRANKLIN CENTER FOR INNOVATION IS A COLLABORATIVE COMMUNITY WHERE MAKERS, ENTREPRENEURS, FAMILIES, INDIVIDUALS, AND CHILDREN WILL LEARN NEW SKILLS, START A BUSINESS, BE ENTERTAINED, AND BUILD A CULTURE OF MAKING NEW AND INNOVATIVE THINGS. OUR MISSION IS TO ENCOURAGE TO MAKE, WE STRIVE TO SEE PEOPLE DISCUSS AND BUILD THEIR DREAMS. OUR GOAL IS TO PROMOTE STEM EDUCATION, OPEN SOURCE VALUES, AND SKILL SHARING AMONG OUR MEMBERS, INDUSTRY, AND THE COMMUNITY.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • PROVIDE A MAKERSPACE, WHICH IS A COLLABORATIVE WORK SPACE FOR MAKING, LEARNING, EXPLORING AND SHARING THAT USES HIGH TECH TO NO TECH TOOLS. THIS SPACE IS OPEN TO KIDS, ADULTS, ADN ENTREPRENEURS AND HAVE A VARIETY OF MAKER EQUIPMENT INCLUDING 3D PRINTERS, CNC MACHINES, SOLDERING IRONS, ETC.
    Expenses $129,387

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, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
84-2628215
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$11,895
Income (IRS master file)
$124,223

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$124,223$129,387$11,895XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: GARY STRATTON
December 31, 2020≤ $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 84-2628215).

Questions about FRANKLIN CENTER FOR INNOVATION INC

What is the EIN of FRANKLIN CENTER FOR INNOVATION INC?
The employer identification number (EIN) of FRANKLIN CENTER FOR INNOVATION INC is 84-2628215.
Is FRANKLIN CENTER FOR INNOVATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to FRANKLIN CENTER FOR INNOVATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRANKLIN CENTER FOR INNOVATION 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 CENTER FOR INNOVATION 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 CENTER FOR INNOVATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who is the principal officer of FRANKLIN CENTER FOR INNOVATION INC?
The 990-N for 2020 names GARY STRATTON.
Who are the officers and directors of FRANKLIN CENTER FOR INNOVATION INC?
The 990-EZ for the year ended December 31, 2023 lists 7 people; 2 received compensation from the organization, the highest $22,400 (JASON ALLEN, EXECUTIVE DI).
How much revenue does FRANKLIN CENTER FOR INNOVATION INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $124,223, expenses of $129,387 and total assets of $11,895 at year end.

Other nonprofits in FRANKFORT

All nonprofits in FRANKFORT · Kentucky · Education