Franklin Moving Forward Inc in Franklin, Pennsylvania (PA)

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Franklin Moving Forward Inc
Employer Identification Number (EIN)270805031
Name of OrganizationFranklin Moving Forward Inc
In Care of NameLynda M Cochran
Address1255 Liberty St, Franklin, PA 16323-1329
SubsectionCharitable Organization
Ruling Date11/2012
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$245,416
Amount of Income$65,097
Form 990 Revenue Amount$65,097
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2012: $65,097 (it was $40,532 in 2011)
This organization: 

 $65,097
Other organizations performing similar types of work: 

 $141,217

Assets in 2012: $245,416 (it was $253,127 in 2011)
Franklin Moving Forward Inc: 

 $245,416
Other organizations performing similar types of work: 

 $121,026

Expenses in 2012: $41,156
Franklin Moving Forward Inc: 

 $41,156
Other organizations performing similar types of work: 

 $118,087

Income to expenses ratio in 2012: 1.6
This organization: 

 1.6
Other organizations performing similar types of work: 

 1.6

Grants share in income in 2012: 47.3%
This organization: 

 47.3%
Other organizations performing similar types of work: 

 87.4%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$65,097
Contributions, gifts, grants, and similar amounts received$30,800
Program service revenue including government fees and contracts$34,297
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$41,156
Total net assets$33,238
Excess for the year$23,941
Net assets or fund balances at beginning of year$9,297
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$245,416
Total liabilities$212,178
Net assets or fund balances$33,238
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$105,629
Gifts, grants, contributions, and membership fees received$30,800
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$74,829
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Ventura County Community Development Corporation2231 Sturgis Rd Unit A, Oxnard, CA 93030-7813CA2003-05$5,683,551
2Aeris Insight Inc, Cars1227 N 4th St, Philadelphia, PA 19122-4403PA2013-06$2,014,146
3Spring Garden Community Development Corporation601 N 17 Street 1 Fl, Philadelphia, PA 19130-3316PA1996-08$1,828,276
4Renewable Manufacturing Gateway603 Stanwix St Ste 1825, Pittsburgh, PA 15222-1441PA2010-06$902,587
5Wesley Union Community Development Corp5th And Camp St, Harrisburg, PA 17110PA1999-05$435,832
6Rising Tide Community Loan Fund1337 E 5th St, Bethlehem, PA 18015-2103PA2002-12$425,457
7Brockway Center For Arts And Technology1228 Main St, Brockway, PA 15824-1634PA2013-08$347,284
8Urban Family CouncilPO BOX 28021, Philadelphia, PA 19131-8021PA1994-09$322,636
9Tacony Community Development Corporation4819 Longshore Ave, Philadelphia, PA 19135-2333PA2000-12$196,884
10Steel Valley Enterprise Zone CorpPO BOX 168, Homestead, PA 15120-0168PA1996-05$180,383
11Chuck Sanders Charities9725 Frankstown Rd, Penn Hills, PA 15235-1544PA2012-06$172,500
12Village Green Partners283 Barberry Rd, Sewickley, PA 15143-9424PA2012-01$141,594
13Southern Pennsylvania Community Development Corporation150 W Beau St Ste 304, Washington, PA 15301-4425PA1999-08$94,075
14Slippery Rock Development100 South Main Street, Slippery Rock, PA 16057PA2000-02$77,247
15Collegeville Economic Development Corporation476 E Main St, Collegeville, PA 19426-2607PA2008-01$65,848
16Franklin Moving Forward Inc1255 Liberty St, Franklin, PA 16323-1329PA2012-11$65,097
17Community Data Roundtable225 Taylor St, Pittsburgh, PA 15224-1843PA2014-06$45,000
18White Oak Local Development Corporation100 Darren Court, White Oak, PA 15131PA2004-10$20,000
19Trf Enterprise Fund Inc1700 Market St Fl 19, Philadelphia, PA 19103-3904PA2000-03$18,171
20Urban Community Resource Center909 W Somerset St, Philadelphia, PA 19133-1713PA2009-06$5,000
Number of organizations performing similar types of work
Alaska2
Alabama36
Arkansas9
Arizona16
California121
Colorado26
Connecticut22
District of Columbia16
Delaware6
Florida53
Georgia54
Hawaii10
Iowa18
Idaho7
Illinois68
Indiana30
Kansas9
Kentucky18
Louisiana32
Massachusetts22
Maryland45
Maine10
Michigan54
Minnesota10
Missouri35
Mississippi17
Montana9
North Carolina65
North Dakota5
Nebraska6
New Hampshire8
New Jersey38
New Mexico14
Nevada6
New York135
Ohio94
Oklahoma18
Oregon18
Pennsylvania93
Rhode Island2
South Carolina34
South Dakota10
Tennessee36
Texas74
Utah5
Virginia30
Vermont9
Washington29
Wisconsin30
West Virginia14
Wyoming3
International7
Total1,538

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