Form 990 for tax year 2023
Filed by FRANKLINTON BOARD OF TRADE INC.
Totals
- Total revenue
- $653,580
- Total expenses
- $595,045
- Contributions and grants received
- $128,258
- Grants paid
- $1,225
- Program service revenue
- $525,470
- Investment income
- $0
- Other revenue
- -$148
- Total assets, end of year
- $173,376
- Total liabilities, end of year
- $53
- Net assets or fund balances, end of year
- $173,323
- Program services expenses (Part IX)
- $527,693
- Management and general expenses
- $30,791
- Fundraising expenses
- $36,561
- Program service expenses (Part III)
- $527,693
Program services were 88.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$55,945
-
1c · Fundraising events
$20,014
-
1e · Government grants (contributions)
$12,000
-
1f · All other contributions, gifts and grants
$40,299
-
1g · Noncash contributions included above
$28,262
-
2a · Program service revenue: Alley Clean-up
total $80,000 · related or exempt $80,000
-
2b · Program service revenue: Cleaner Columbus
total $60,000 · related or exempt $60,000
-
2c · Program service revenue: FRAME
-
2d · Program service revenue: FSID
total $375,094 · related or exempt $375,094
-
2e · Program service revenue: Luncheons/Annual Mtg
total $10,376 · related or exempt $10,376
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$49,443
-
8a · Fundraising events: contributions included on line 1c
$20,014
-
8b · Fundraising events: direct expenses
$51,057
-
8c · Net income from fundraising events
total -$1,614
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Refunds of Overpayments
total $1,466 · related or exempt $1,466
-
11e · Other revenue, total
$1,466
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,225 · program services $1,225
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $88,568 · program services $57,770 · management and general $4,228 · fundraising $26,570
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $105,391 · program services $105,391
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $15,157 · program services $12,466 · management and general $658 · fundraising $2,033
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $2,350 · management and general $2,350
-
11c · Fees: accounting
total $5,043 · management and general $5,043
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $2,021 · program services $101 · management and general $1,405 · fundraising $515
-
13 · Office expenses
total $3,159 · program services $230 · management and general $2,929
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $11,420 · program services $8,054 · management and general $3,366
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $5,228 · program services $155 · management and general $5,073
-
24a · Other expenses: Contracted Services Fees
total $238,278 · program services $238,278
-
24b · Other expenses: Contracted Labor, non-employee
total $75,335 · program services $75,335
-
24c · Other expenses: Service Supplies and Materials
total $17,592 · program services $17,586 · management and general $6
-
24d · Other expenses: Venue and Catering
total $5,946 · program services $5,946
-
24e · All other expenses
total $18,332 · program services $5,156 · management and general $5,733 · fundraising $7,443
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $115,987 · end of year $173,377
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$1,014
-
10b · Land, buildings and equipment: accumulated depreciation
$1,015
-
10c · Land, buildings and equipment, net
beginning of year -$1 · end of year -$1
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,128 · end of year $0
-
25 · Other liabilities
beginning of year $2,326 · end of year $53
-
27 · Net assets without donor restrictions
beginning of year $69,312 · end of year $155,872
-
28 · Net assets with donor restrictions
beginning of year $45,476 · end of year $17,451
Mission and programs · 2023
Mission
A neighborhood based, not-for-profit, business organization committed to identifying and responding to the changing needs and concerns of the business community in Franklinton. We strive to make Franklinton a better place to work, shop, and live through the enhancement of its institutions, business retention, development, and expansion. Fostering job creation, plus partnering with community organizations on projects to fulfill our responsibilities to the community.
-
Franklinton Special Improvement District FSID- Services performed with funding from FSID in 2023 include providing Cleaning and Safety Ambassador teams which support small businesses within Franklinton by making the community cleaner, safer, and more connected. For the eighteen (18) month period from July of 2022 through December of 2023 the Cleaning Ambassador team collected 146,555 pounds of trash, 125,945 pounds of yard waste, 53,910 pounds of dirt, plus 460 tires for disposal. The Safety Ambassador team initiated responses and answered calls for help. Initiating and fostering community relations and providing a security presence. Assisting small businesses and the community with trespassing, theft prevention, disorderly conduct, safety escorts and other services.
Expenses $331,721 · Revenue $375,093
-
Cleaner Columbus Program (including Alley Grant)- Using funds from the CARES Act provided by the City of Columbus utilize independent contractors to clean up trash from alley ways in particular in the Franklinton area. In 2023, alley cleaning and streets and sidewalk cleaning collected 197,050 pounds of trash, 107,160 pounds of yard waste, 156 tires, and an additional 2,686 bags of trash.
Expenses $169,651 · Revenue $140,000
-
Monthly Luncheons/Annual Meeting/Business After Hours- These Franklinton Board of Trade functions provide members and others in the community the opprtunity to network and to hear presentations from businesses, non-profits, and other community organizations in the Franklinton area. The Annual Meeting is an opprtunity to hear about the accomplishments, membership development and financial performance of the Franklinton Board of Trade for the year, and to recognize individuals and entities for their participation and accomplishments.
Expenses $15,490 · Revenue $10,376
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kathy Gatterdam
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Mark Gabel
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason Koma
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff Mohrman
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom Palmer
Vice President
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian Bainbridge
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael Amerine
President
- Total calculated
- $0
- Hours/week
- 0.5
-
Amanda McVey
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian Pierson
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Chakeyla Anderson
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Michael Pappas
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Anna Truex
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Trent Smith
Executive Dir.
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403189349302310
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