Franklin News Foundation

Education organization based in Chicago, IL.0 Exempt under §501(c)(3).

MissionTHE MISSION OF FRANKLIN NEWS FOUNDATION IS TO PROMOTE SOCIAL WELFARE AND CIVIL BETTERMENT BY UNDERTAKING PROGRAMS THAT PROMOTE JOURNALISM AND THE EDUCATION OF THE PUBLIC ABOUT CORRUPTION, INCOMPETENCE, FRAUD OR TAXPAYER ABUSE BY ELECTED OFFICIALS AT ALL LEVELS OF GOVERNMENT.

EIN
26-4066298
State
IL
Sector
Education
Budget band
$5M–$10M
Latest filing
TY 2024
Records
5 officers · 5 years

Financial snapshot · TY 2024

$5.8M
Total revenue
$5.4M
Total expenses
$650K
Net assets

Financial health · TY 2024

32
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-0.2 months of expenses
Program efficiency
81
82.4% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

$421,650
97th percentile vs. peers
Daniel Mccaleb
CHIEF CONTENT OFFICER
$216,988
85th percentile vs. peers
Laurel Abraham
CHIEF OPERATING OFFICER
$172,943
61th percentile vs. peers
Jerry Lyles
VICE PRESIDENT OF SYNDICATION & DISTRIBUTION
$165,941
85th percentile vs. peers
$116,658
26th percentile vs. peers

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Franklin News Foundation Executive Compensation | 990 Data | DoubleNine