Skip to content
Nonprofiteer
← BATTLE OF FRANKLIN TRUST INC

Form 990 for tax year 2024

Filed by BATTLE OF FRANKLIN TRUST INC.

Totals

Total revenue
$2,122,006
Total expenses
$1,979,003
Contributions and grants received
$424,132
Grants paid
$0
Program service revenue
$1,466,643
Investment income
$83,158
Other revenue
$148,073
Total assets, end of year
$8,465,891
Total liabilities, end of year
$11,600
Net assets or fund balances, end of year
$8,454,291
Program services expenses (Part IX)
$1,643,568
Management and general expenses
$109,719
Fundraising expenses
$225,716
Program service expenses (Part III)
$1,643,568

Program services were 83.1% 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.

  • 1f · All other contributions, gifts and grants

    $424,132

  • 2a · Program service revenue: TOUR ADMISSIONS

    total $1,186,579 · related or exempt $1,186,579

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $89,334 · related or exempt $89,334

  • 2c · Program service revenue: PROJECTS

    total $190,730 · related or exempt $190,730

  • 3 · Investment income

    total $54,445 · excluded $54,445

  • 6a · Gross rents

    real property $39,407

  • 6c · Rental income or loss

    real property $39,407

  • 6d · Net rental income or loss

    total $39,407 · excluded $39,407

  • 7a · Gross sales of assets other than inventory

    securities $29,453

  • 7b · Less cost or other basis and sales expenses

    other assets $740

  • 7c · Gain or loss

    securities $29,453 · other assets -$740

  • 7d · Net gain or loss

    total $28,713 · excluded $28,713

  • 8c · Net income from fundraising events

    total $0

  • 10a · Gross sales of inventory

    $209,592

  • 10b · Cost of goods sold

    $100,926

  • 10c · Net income from sales of inventory

    total $108,666 · related or exempt $108,666

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $142,829 · program services $117,120 · management and general $8,570 · fundraising $17,139

  • 7 · Other salaries and wages

    total $952,593 · program services $781,126 · management and general $57,156 · fundraising $114,311

  • 9 · Other employee benefits

    total $60,037 · program services $49,830 · management and general $3,002 · fundraising $7,205

  • 10 · Payroll taxes

    total $81,619 · program services $66,927 · management and general $4,898 · fundraising $9,794

  • 11g · Fees: other

    total $13,537 · management and general $13,537

  • 12 · Advertising and promotion

    total $33,006 · program services $28,055 · fundraising $4,951

  • 13 · Office expenses

    total $51,205 · program services $43,577 · management and general $5,188 · fundraising $2,440

  • 14 · Information technology

    total $29,430 · program services $26,193 · management and general $2,060 · fundraising $1,177

  • 16 · Occupancy

    total $58,007 · program services $52,206 · management and general $4,350 · fundraising $1,451

  • 20 · Interest

    total $357 · program services $357

  • 22 · Depreciation, depletion and amortization

    total $72,844 · program services $58,276 · management and general $7,284 · fundraising $7,284

  • 23 · Insurance

    total $36,621 · program services $34,424 · management and general $2,197

  • 24a · Other expenses: MAINTENANCE

    total $258,983 · program services $258,983

  • 24b · Other expenses: DEVELOPMENT AND MEMBERSHIP

    total $82,513 · program services $27,223 · management and general $89 · fundraising $55,201

  • 24c · Other expenses: MISCELLANEOUS

    total $22,544 · program services $20,852 · management and general $1,388 · fundraising $304

  • 24d · Other expenses: BANK FEES AND LICENSES

    total $38,332 · program services $38,332

  • 24e · All other expenses

    total $44,546 · program services $40,087 · fundraising $4,459

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $189,245 · end of year $658,798

  • 2 · Savings and temporary cash investments

    beginning of year $689,815

  • 4 · Accounts receivable

    beginning of year $5,321

  • 8 · Inventories for sale or use

    beginning of year $154,111 · end of year $142,811

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,249

  • 10a · Land, buildings and equipment: cost or other basis

    $4,606,814

  • 10b · Land, buildings and equipment: accumulated depreciation

    $815,014

  • 10c · Land, buildings and equipment, net

    beginning of year $4,649,480 · end of year $3,791,800

  • 11 · Investments: publicly traded securities

    beginning of year $1,607,623 · end of year $1,907,877

  • 15 · Other assets

    beginning of year $959,642 · end of year $1,964,605

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,057 · end of year $3,998

  • 19 · Deferred revenue

    beginning of year $29,161

  • 25 · Other liabilities

    beginning of year $9,807 · end of year $7,602

  • 27 · Net assets without donor restrictions

    beginning of year $5,729,102 · end of year $5,641,049

  • 28 · Net assets with donor restrictions

    beginning of year $2,474,359 · end of year $2,813,242

Mission and programs · 2024

Mission

TO PRESERVE, UNDERSTAND AND INTERPRET THE STORY OF A PEOPLE IMPACTED BY THE AMERICAN CIVIL WAR.

  • ITS PURPOSE IS TO PRESERVE, RESTORE, MAINTAIN AND INTERPRET PROPERTIES, ARTIFACTS, DOCUMENTS AND OTHER OBJECTS AND MATERIALS RELATED TO THE BATTLE OF FRANKLIN SO AS TO PRESERVE AN IMPORTANT PART OF THE REGIONAL PAST, AND SO THAT VISITORS WILL BE ABLE TO SEE AND EXPERIENCE A LIVING REMINDER OF THEIR NATIONAL HISTORY.

    Expenses $1,643,568

As filed on the 2024 return.

Listed in Part VII

  • ERIC JACOBSON

    CEO

    Total calculated
    $142,829
    From this org
    $142,829
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • STEVE BACON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • MATT BROWN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • GARY BURKE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • CARRIS CAMPBELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • PAUL GADDIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • DANA JURIEW

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • MATT ROBERTS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • LANCE SHELBY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • JAY SHERIDAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • LAUREN WARD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • SAM WHITSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • TIM KEARNS

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • REVIDA RAHMAN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • JOHN BOWERS

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

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
2024
Filed
19 December 2025
IRS schema version
2024v5.2
Source object
202543539349300544

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.