Franklin Heritage INC FY2020 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $500 a year.

How does your 990 look to donors? Take the 10-Question Audit

To promote and encourage interest in historic residential and commercial real property in johnson county, indiana.

501(c)(3) charity; gifts are tax-deductible.
32¢ of each $1 spent went to programs.
$57K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $97K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
32%
of spending
Concern: 32% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$57K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $47K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$278K
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 14 voting members
Looks good: 15 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$823K
Spent
$718K
To programs
32%
Net assets
$750K
By yearFY2020–FY2024
Revenue
$823K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$823K
FY2021$1.2M
FY2022$1.3M
FY2023$1.3M
FY2024$1.3M
Expenses
$718K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$718K
FY2021$916K
FY2022$1.1M
FY2023$1.4M
FY2024$1.2M
Net assets
$750K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$750K
FY2021$1.0M
FY2022$1.2M
FY2023$1.1M
FY2024$1.1M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

32 cents of each dollar spent went to programs.

Program services 32% · $227K Management & general 65% · $470K Fundraising 3% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

13 people listed on the 990; $57K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$57,186Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Robert Shilts$67,575$65,107———
Robert L Shilts——$60,876$61,129$57,186

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Franklin Heritage INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and promotes interest in historic properties throughout Johnson County, Indiana.

Questions for Franklin Heritage INC

Tap to ask. Franklin Heritage INC sees how many people are interested.

Your first name shows with your question. Franklin Heritage INC answers here, for everyone.

2 programs · $227K · in their own filed words · FY2020
01

Promotion and encouragement of interest in homes, buildings, properties, history and heritage of franklin and the johnson county indiana area.

$227Kprogram expense
02

Acquisition and resale of sites, structures or artifacts which are of historic, archeological or architectural value in johnson county, indiana.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$823K
Ln 12
Other incomeLn 4–11$329K
Gifts and grantsLn 1h$297K
Fees for servicesLn 2g$197K
Money outPt IX
$718K
Ln 25
Programscol B$227K
Managementcol C$470K
Fundraisingcol D$22K
Owns and owesPt X
$750K
net assets · Ln 32
Cash and savingsLn 1–2$311K
Total assetsLn 16$1.0M
LiabilitiesLn 26$278K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$297K
Government grantsLn 1e$110K
Fees for servicesLn 2g$197K
Investment incomeLn 3$109
Other incomeLn 4–11$329K
Total revenueLn 12$823K
Assets in detailPt X, end of year
CashLn 1$186K
SavingsLn 2$125K
Cash and savings togetherLn 1–2$311K
Land, buildings, equipmentLn 10c$712K
Total assetsLn 16$1.0M
LiabilitiesLn 26$278K
Net assetsLn 32$750K
OperationsPt I, VI
EmployeesI 514
VolunteersI 614
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$212K$311K
Land, buildings, equipmentLn 10c$738K$712K
Total assetsLn 16$957K$1.0M
LiabilitiesLn 26$312K$278K
Net assetsLn 32$645K$750K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$57K$57K
Other salaries and wagesLn 7$231K$231K
Payroll taxesLn 10$23K$23K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$702$702
Advertising and promotionLn 12$13K$13K
Office expensesLn 13$26K$7K$19K
Information technologyLn 14$28K$28K
OccupancyLn 16$87K$70K$17K
TravelLn 17$3K$3K
InterestLn 20$11K$11K
Depreciation, depletion and amortizationLn 22$50K$50K
InsuranceLn 23$20K$20K
Other expenses (24a–d)Ln 24$164K$126K$16K$22K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$718K$227K$470K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 14, 2025 $1.3M$1.2M$48K$1.1M 990 PDF
FY2023Filed with the IRS Nov 1, 2024 $1.3M$1.4M−$127K$1.1M 990 PDF
FY2022Filed with the IRS Nov 13, 2023 $1.3M$1.1M$170K$1.2M 990 PDF
FY2021Filed with the IRS Nov 11, 2022 $1.2M$916K$290K$1.0M 990 PDF
FY2020 ViewingFiled with the IRS Nov 11, 2021 $823K$718K$105K$750K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $822,979 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $286,067$296,648
I-9 Program service revenue$197,028
I-10 Investment incomePrior year $72$109
I-11 Other revenuePrior year $377,767$329,194
I-12 Total revenuePrior year $663,906$822,979
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $327,886$310,875
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $285,041$407,559
I-18 Total expensesPrior year $612,927$718,434
I-19 Revenue less expensesPrior year $50,979$104,545
Part VI · Governance 15 of 14 board members independent, 2 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members15
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $822,979 across 9 lines filed
VIII-1b Membership dues$44,500
VIII-1e Government grants$110,101
VIII-1f All other contributions, gifts and grants$142,047
VIII-1h Total contributions, gifts and grants$296,648
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $197,028$197,028
VIII-3 Investment incomeRelated to mission $109$109
VIII-8 Net income from fundraising eventsExcluded from tax $150,624$150,624
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $178,570$178,570
VIII-12 Total revenueRelated to mission $375,707 · Excluded from tax $150,624$822,979
Part IX · Statement of functional expenses $718,434 across 15 lines filed
IX-5 Pay of current officers, directors and key staffManagement $57,186$57,186
IX-7 Other salaries and wagesManagement $230,883$230,883
IX-10 Payroll taxesManagement $22,806$22,806
IX-11b Legal feesManagement $1,752$1,752
IX-11c Accounting feesManagement $702$702
IX-12 Advertising and promotionPrograms $12,747$12,747
IX-13 Office expensesPrograms $7,406 · Management $18,852$26,258
IX-14 Information technologyManagement $27,971$27,971
IX-16 OccupancyPrograms $69,987 · Management $17,207$87,194
IX-17 TravelManagement $3,070$3,070
IX-20 InterestPrograms $10,570$10,570
IX-22 Depreciation, depletion and amortizationManagement $49,779$49,779
IX-23 InsuranceManagement $20,261$20,261
IX-24 Other expenses (24a–d)Programs $125,957 · Management $16,366 · Fundraising $21,651$163,974
IX-24e All other expensesManagement $3,281$3,281
IX-25 Total functional expensesPrograms $226,667 · Management $470,116 · Fundraising $21,651$718,434
Part X · Balance sheet $1,027,791 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $174,961$186,157
X-2 Savings and temporary cash investmentsStart of year $37,231$125,174
X-3 Pledges and grants receivableStart of year $7,293$4,428
X-10c Land, buildings and equipment, netStart of year $737,645$712,032
X-16 Total assetsStart of year $957,130$1,027,791
X-17 Accounts payable and accrued expensesStart of year $13,968$430
X-26 Total liabilitiesStart of year $311,874$277,990
X-32 Total net assets or fund balancesStart of year $645,256$749,801
X-33 Total liabilities and net assetsStart of year $957,130$1,027,791
Part XI · Reconciliation of net assets $749,801 net assets at year end
XI-1 Total revenue$822,979
XI-2 Total expenses$718,434
XI-3 Revenue less expenses$104,545
XI-4 Net assets at start of year$645,256
XI-10 Net assets at end of year$749,801

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.