Disable all preview features

Research and Public Policy : Social and Public Policy Research

Franklin News Foundation

Producing public interest journalism that makes an impact

two stars

70.71

200 West Madison Street Suite 2100
Chicago, IL 60606
tel: (847) 497-5230   Web Site
EIN: 26-4066298

Board Leadership
John Tillman
Chairman

CEO
Chris Krug
President

  Score
(out of 100)
Rating
Overall Score & Rating 70.71 two stars
  Financial 66.98 one star
  Accountability & Transparency 75.00 two stars
This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Franklin News Foundation produces public interest journalism that makes an impact. We are dedicated to the principles of transparency, accountability, and fiscal responsibility, and highlight their absence in state and local governments. Our reporting changes the world for the better. The Franklin News Foundation's work has led to investigations; regulatory reforms and legislative overhauls; firings and resignations; and the prevention of bad policies. We change the prevailing narrative, and lay the foundation for long-term change.

The Franklin News Foundation produces public interest journalism that makes an impact. We are dedicated to the principles of transparency, accountability, and fiscal responsibility, and highlight their absence in state and local governments. Our reporting changes the world for the better. The Franklin News Foundation's work has led to investigations; regulatory reforms and legislative overhauls; firings and resignations; and the prevention of bad policies. We change the prevailing narrative, and lay the foundation for long-term change.

Impact Information

data icon Looking for Impact Information?

Charity Navigator is collaborating with GuideStar, GlobalGiving, Classy, and ImpactMatters to display impact-related information on our rated profile pages. Each partner collects this data directly from nonprofits and provides updates to Charity Navigator when available.

If you are interested in seeing this charity provide its impact information, please click below. This will indicate your interest and encourage the nonprofit to share data with partners that are currently collecting information.

Financial

one star

66.98

Accountability & Transparency

two stars

75.00

This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
65.7%
  Administrative Expenses 18.6%
  Fundraising Expenses 15.6%
  Fundraising Efficiency $0.18
  Working Capital Ratio (years) 0.27
  Program Expenses Growth -42.3%
  Liabilities to Assets 17.1%
All data for Financial Performance Metrics calculations was provided by Franklin News Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Franklin News Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Franklin News Foundation (IL) 70.71 two stars
Reason Foundation (CA) 95.47 four stars
American Constitution Society for Law and Policy (DC) 87.64 three stars
RESULTS Educational Fund (DC) 90.06 four stars
SPUR (CA) 88.30 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,080,712
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $633,269
   Government Grants $0
Total Contributions $1,713,981
   Program Service Revenue $0
Total Primary Revenue $1,713,981
   Other Revenue $159
TOTAL REVENUE $1,714,140
   
EXPENSES  
   Program Expenses $1,081,373
   Administrative Expenses $250,106
   Fundraising Expenses $319,849
TOTAL FUNCTIONAL EXPENSES $1,651,328
   
Payments to Affiliates $0
Excess (or Deficit) for the year $62,812
   
Net Assets $680,417

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 03/01/2020 70.71 two stars
2017-12 06/01/2019 64.76 one star
2016-12 06/01/2018 66.66 one star
2015-12 08/01/2017 66.97 one star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 26-4066298
Name in IRS Master File FRANKLIN NEWS FOUNDATION
NTEE Code B99
NTEE Classification Education N.E.C.
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 2009
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$352,873 21.36% Christopher Krug President

Highly Rated

Charity Name & State Overall Score Overall Rating
Franklin News Foundation (IL) 70.71 two stars
Encore.org (CA) 91.15 four stars
AAA Foundation for Traffic Safety (DC) 91.81 four stars
Institute for Energy Research (DC) 86.15 three stars
RESULTS Educational Fund (DC) 90.06 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Franklin News Foundation
200 West Madison Street
Suite 2100
Chicago, IL 60606
tel: (847) 497-5230
EIN: 26-4066298

Visit Web Site

Board Leadership

John Tillman
Chairman

CEO

Chris Krug
President

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.