Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Franklin Southampton Area Chamber Foundation
990EZ • Fiscal year 2024 • EIN 27-0595028
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
15th percentile
Faster asset growth than 15% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Balance Sheet
Assets
Down$54,528
Down $34,156 (-39%) from 2023
Net Assets
Up$54,528
Up $15,844 (+41%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$29,441
Up $16,362 (+125%) from 2023
Expenses
Down$13,597
Down $9,186 (-40%) from 2023
Net Income
Up$15,844
Up $25,548 (+263%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jun 4, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $29,441
Mission and Program Overview
Mission
The franklin-southampton area chamber foundation's mission is to act as a supporting organization to help carry out the charitable and educational activities of the franklin-southampton area chamber of commerce. The foundation shall operate as a 509(a)(3) supporting organization for the chamber by soliciting contributions to provide funding for the enhancement of the educational and charitable activities currently carried on by the chamber for the benefit of the citizens of the city of franklin and southampton county, virginia community and surrounding area.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE FRANKLIN-SOUTHAMPTON AREA CHAMBER FOUNDATION'S MAIN PURPOSE IS TO SUPPORT AND ASSIST THE FRANKLIN-SOUTHAMPTON AREA CHAMBER OF COMMERCE IN ITS COMMUNITY DEVELOPMENT ACTIVITIES. THE FOUNDATION ASSISTS IN ATTRACTING BUSINESS AND INDUSTRY TO THE COMMUNITY, AID IN JOB EMPLOYMENT AND HELP IN JOB SEARCH AND TRAINING. THE FOUNDATION RUNS THE FRANKLIN-SOUTHAMPTON CRIME SOLVERS PROGRAM. THIS IS A PUBLIC SAFETY PROGRAM WHICH TAKES IN DONATIONS FROM LOCAL CITIZENS AND BUSINESSES AND GIVES MONETARY AWARDS FOR INFORMATION LEADING TO ARRESTS. THE ULTIMATE GOAL OF THIS PROGRAM IS TO MAKE THE COMMUNITY SAFER. ANOTHER PURPOSE OF THE FOUNDATION IS TO PRESERVE THE 1870'S HISTORICAL BUILDING OF THE CHAMBER SO THAT IT CAN REMAIN A COMMUNITY ICON FOR FUTURE GENERATIONS. | $2,887 | $10,737 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| VERNIE FRANCIS JR | President | - | $0 | - | - |
| TERESA BEALE | Sec/Treasure | - | $0 | - | - |
| R RANDOLPH COOKE | Vice Preside | - | $0 | - | - |
| E WARREN BEALE JR | Director | - | $0 | - | - |
| LAUREN HARPER | Director | - | $0 | - | - |
| MADISON BERRYMAN | Sec/Treasure | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Franklin-southampton Area
- EIN
- 27-0595028
- Phone
- 7575624900
- Address
- 108 W THIRD AVE - PO BOX 531, FRANKLIN, VA 23851
Signing Officer
- Name
- Madison Berryman
- Title
- Sec/treasurer/elect
- Phone
- 7575624900
- Signed
- 2025-06-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Barnes Brock Cornwell & Painter Plc
- Address
- PO BOX 536, FRANKLIN, VA 23851-1722
- Preparer
- Sharon R Whitley CPA
- Phone
- 7575698101
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses computer program/software 2,349 supplies 2,119 subscriptions 1,473 total 5,941”
Form 990-ez, Part II, Line 26
“Due to franklin southampton chamber 50,000 0”
Form 990-ez, Part III
“The franklin-southampton area chamber foundation's mission is to act as a supporting organization to help carry out the charitable and educational activities of the franklin-southampton area chamber of commerce. The foundation shall operate as a 509(a)(3) supporting organization for the chamber by soliciting contributions to provide funding for the enhancement of the educational and charitable activities currently carried on by the chamber for the benefit of the citizens of the city of franklin and southampton county, virginia community and surrounding area.”
Form 990-ez, Part III, Line 28
“The franklin-southampton area chamber foundation's main purpose is to support and assist the franklin-southampton area chamber of commerce in its community development activities. The foundation assists in attracting business and industry to the community, aid in job employment and help in job search and training. The foundation runs the franklin-southampton crime solvers program. This is a public safety program which takes in donations from local citizens and businesses and gives monetary awards for information leading to arrests. The ultimate goal of this program is to make the community safer. Another purpose of the foundation is to preserve the 1870's historical building of the chamber so that it can remain a community icon for future generations.”
Raw XML Appendix161 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 5941 |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE FRANKLIN-SOUTHAMPTON AREA CHAMBER FOUNDATION'S MISSION IS TO ACT AS A SUPPORTING ORGANIZATION TO HELP CARRY OUT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE FRANKLIN-SOUTHAMPTON AREA CHAMBER OF COMMERCE. THE FOUNDATION SHALL OPERATE AS A 509(A)(3) SUPPORTING ORGANIZATION FOR THE CHAMBER BY SOLICITING CONTRIBUTIONS TO PROVIDE FUNDING FOR THE ENHANCEMENT OF THE EDUCATIONAL AND CHARITABLE ACTIVITIES CURRENTLY CARRIED ON BY THE CHAMBER FOR THE BENEFIT OF THE CITIZENS OF THE CITY OF FRANKLIN AND SOUTHAMPTON COUNTY, VIRGINIA COMMUNITY AND SURROUNDING AREA. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 10737 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 50000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 13597 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 10737 |
| IRS990EZ/TotalRevenueAmt | 0 | 29441 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | FSACHAMBER.COM |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
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| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 540572244 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 10 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 2387 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | FRANKLIN SOUTHAMPTON AREA CHAMBER OF COMMERCE |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt | 0 | FRANKLIN SOUTHAMPTON AREA CHAMBER OF COMMERCE |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 2387 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES COMPUTER PROGRAM/SOFTWARE 2,349 SUPPLIES 2,119 SUBSCRIPTIONS 1,473 TOTAL 5,941 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DUE TO FRANKLIN SOUTHAMPTON CHAMBER 50,000 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FRANKLIN-SOUTHAMPTON AREA CHAMBER FOUNDATION'S MISSION IS TO ACT AS A SUPPORTING ORGANIZATION TO HELP CARRY OUT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE FRANKLIN-SOUTHAMPTON AREA CHAMBER OF COMMERCE. THE FOUNDATION SHALL OPERATE AS A 509(A)(3) SUPPORTING ORGANIZATION FOR THE CHAMBER BY SOLICITING CONTRIBUTIONS TO PROVIDE FUNDING FOR THE ENHANCEMENT OF THE EDUCATIONAL AND CHARITABLE ACTIVITIES CURRENTLY CARRIED ON BY THE CHAMBER FOR THE BENEFIT OF THE CITIZENS OF THE CITY OF FRANKLIN AND SOUTHAMPTON COUNTY, VIRGINIA COMMUNITY AND SURROUNDING AREA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FRANKLIN-SOUTHAMPTON AREA CHAMBER FOUNDATION'S MAIN PURPOSE IS TO SUPPORT AND ASSIST THE FRANKLIN-SOUTHAMPTON AREA CHAMBER OF COMMERCE IN ITS COMMUNITY DEVELOPMENT ACTIVITIES. THE FOUNDATION ASSISTS IN ATTRACTING BUSINESS AND INDUSTRY TO THE COMMUNITY, AID IN JOB EMPLOYMENT AND HELP IN JOB SEARCH AND TRAINING. THE FOUNDATION RUNS THE FRANKLIN-SOUTHAMPTON CRIME SOLVERS PROGRAM. THIS IS A PUBLIC SAFETY PROGRAM WHICH TAKES IN DONATIONS FROM LOCAL CITIZENS AND BUSINESSES AND GIVES MONETARY AWARDS FOR INFORMATION LEADING TO ARRESTS. THE ULTIMATE GOAL OF THIS PROGRAM IS TO MAKE THE COMMUNITY SAFER. ANOTHER PURPOSE OF THE FOUNDATION IS TO PRESERVE THE 1870'S HISTORICAL BUILDING OF THE CHAMBER SO THAT IT CAN REMAIN A COMMUNITY ICON FOR FUTURE GENERATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MADISON BERRYMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SEC/TREASURER/ELECT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7575624900 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FRANKLIN-SOUTHAMPTON AREA |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CHAMBER FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FRAN |
| ReturnHeader/Filer/EIN | 0 | 270595028 |
| ReturnHeader/Filer/PhoneNum | 0 | 7575624900 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | FRANKLIN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23851 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 200221868 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BARNES BROCK CORNWELL & PAINTER PLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 536 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FRANKLIN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 238511722 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7575698101 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHARON R WHITLEY CPA |
| ReturnHeader/ReturnTs | 0 | 2025-06-05T09:23:44-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $54,528
- Liabilities
- -
- Net assets
- $54,528
- Revenue
- $29,441
- Expenses
- $13,597
- Net income
- $15,844