to provide workforce development in construction and rebuild blighted housing.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $397K a year · 62% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
28 mo
of spending, in cash
Looks good: 27.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$714K
35% of total assets
Looks good: liabilities are 35% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$595K
+37% vs prior year
Spent
$215K
To programs
85%
Net assets
$1.3M
By yearFY2020–FY2025
Revenue
$595K
FY2022▲ +37%
Tap a bar for its year
Revenue by fiscal year
FY2020$414K
FY2021$434K
FY2022$595K
FY2023$531K
FY2024$1.1M
FY2025$761K
Expenses
$215K
FY2022▲ +31%
Tap a bar for its year
Expenses by fiscal year
FY2020$137K
FY2021$164K
FY2022$215K
FY2023$249K
FY2024$301K
FY2025$416K
Net assets
$1.3M
FY2022▲ +62%
Tap a bar for its year
Net assets by fiscal year
FY2020$539K
FY2021$817K
FY2022$1.3M
FY2023$1.3M
FY2024$2.2M
FY2025$2.5M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2015.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $184K Management & general 15% · $32K

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

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
See Franklinton Rising executive salaries →

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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

Develops construction skills and rebuilds homes for affordable rentals.

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Provided by the organization

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2 programs · $184K · in their own filed words · FY2022
01

During the year 2022, the organization renovated, remodeled, and upgraded blighted buildings in the Franklinton neighborhood. During the year, 437,535 worth of buildings had been completed. The organization also spent additional 250,674 as ongoing renovation project. The amount is capitalized as construction in progress.

$153Kprogram expense
02

Besides the improvements on the blighted buildings, training indoviduals to acquire job skills in construction work is another goal of this organization. The amount spent represents investment on these individuals for training.

$30Kprogram expense

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 · FY2025
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$595K
Ln 12
Gifts and grantsLn 1h$479K
Fees for servicesLn 2g$111K
Investment incomeLn 3$5K
Money outPt IX
$215K
Ln 25
Programscol B$184K
Managementcol C$32K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$496K
Total assetsLn 16$2.0M
LiabilitiesLn 26$714K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$479K
Government grantsLn 1e$48K
Fees for servicesLn 2g$111K
Investment incomeLn 3$5K
Total revenueLn 12$595K
Assets in detailPt X, end of year
CashLn 1$496K
Cash and savings togetherLn 1–2$496K
Land, buildings, equipmentLn 10c$1.3M
Total assetsLn 16$2.0M
LiabilitiesLn 26$714K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$445K$496K
Land, buildings, equipmentLn 10c$1.1M$1.3M
Total assetsLn 16$1.5M$2.0M
LiabilitiesLn 26$722K$714K
Net assetsLn 32$817K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$72K$72K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$2K$2K
Management feesLn 11a$4K$4K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$750$750
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$679$679
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$2K$2K
TravelLn 17$1K$1K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$3K$3K
InterestLn 20$19K$19K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$44K$44K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$41K$36K$6K
All other expensesLn 24e$4K$4K
Total functional expensesLn 25$215K$184K$32K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $761K$416K$345K$2.5M 990 PDF
FY2024 $1.1M$301K$827K$2.2M 990 PDF
FY2023 $531K$249K$281K$1.3M 990 PDF
FY2022 Viewing $595K$215K$380K$1.3M 990 PDF
FY2021 $434K$164K$270K$817K 990 PDF
FY2020 $414K$137K$277K$539K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $595,234 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $331,156$479,002
I-9 Program service revenuePrior year $94,495$111,212
I-10 Investment incomePrior year $8,450$5,020
I-11 Other revenue$0
I-12 Total revenuePrior year $434,101$595,234
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $79,901$73,769
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $84,169$141,475
I-18 Total expensesPrior year $164,070$215,244
I-19 Revenue less expensesPrior year $270,031$379,990
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
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
Part VIII · Statement of revenue $595,234 across 6 lines filed
VIII-1e Government grants$48,500
VIII-1f All other contributions, gifts and grants$430,502
VIII-1h Total contributions, gifts and grants$479,002
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $111,212$111,212
VIII-3 Investment incomeRelated to mission $5,020$5,020
VIII-12 Total revenueRelated to mission $116,232$595,234
Part IX · Statement of functional expenses $215,244 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $72,000$72,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $1,769$1,769
IX-11a Management feesManagement $4,159$4,159
IX-11b Legal feesManagement $4,353$4,353
IX-11c Accounting feesManagement $750$750
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $6,027$6,027
IX-12 Advertising and promotionPrograms $679$679
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $2,181$2,181
IX-17 TravelPrograms $1,058$1,058
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $2,609$2,609
IX-20 InterestPrograms $19,382$19,382
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $43,906$43,906
IX-23 InsuranceManagement $10,469$10,469
IX-24 Other expenses (24a–d)Programs $35,596 · Management $5,879$41,475
IX-24e All other expensesPrograms $4,427$4,427
IX-25 Total functional expensesPrograms $183,607 · Management $31,637 · Fundraising $0$215,244
Part X · Balance sheet $2,040,060 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $444,600$496,297
X-8 Inventories for sale or use$222,956
X-10c Land, buildings and equipment, netStart of year $1,094,779$1,320,807
X-16 Total assetsStart of year $1,539,379$2,040,060
X-17 Accounts payable and accrued expensesStart of year $1,244$1,569
X-19 Deferred revenue$13,250
X-25 Other liabilities$340,079
X-26 Total liabilitiesStart of year $722,461$713,860
X-32 Total net assets or fund balancesStart of year $816,918$1,326,200
X-33 Total liabilities and net assetsStart of year $1,539,379$2,040,060
Part XI · Reconciliation of net assets $1,326,200 net assets at year end
XI-1 Total revenue$595,234
XI-2 Total expenses$215,244
XI-3 Revenue less expenses$379,990
XI-4 Net assets at start of year$816,918
XI-9 Other changes in net assets$129,292
XI-10 Net assets at end of year$1,326,200

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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