Civic Intelligence

Franklinsouthampton Area

990EZ • Fiscal year 2019 • EIN 54-0572244

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 04, 2020

PO Box 531Franklin, VA 23851

(757) 562-4900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

58th percentile

5.6%

Higher net margin than 58% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

86th percentile

$52,347

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 43.0% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

53rd percentile

4.4%

Faster asset growth than 53% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

2.5%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$133,777

Up $5,672 (+4.4%) from 2018

Net Assets

Up

$132,142

Up $6,807 (+5.4%) from 2018

Liabilities

Down

$1,635

Down $1,135 (-41%) from 2018

Revenue

Up

$121,831

Up $2,935 (+2.5%) from 2018

Expenses

Down

$115,024

Down $9,728 (-7.8%) from 2018

Net Income

Up

$6,807

Up $12,663 (+216%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2011: $123,761Liabilities 2011: $1,4282011Assets 2012: $126,793Liabilities 2012: $1,1282012Assets 2013: $130,486Liabilities 2013: $1,3582013Assets 2014: $130,890Liabilities 2014: $1,5012014Assets 2015: $129,914Liabilities 2015: $1,6202015Assets 2016: $129,899Liabilities 2016: $1,5922016Assets 2017: $132,762Liabilities 2017: $1,5712017Assets 2018: $128,105Liabilities 2018: $2,770Net Assets 2018: $125,3352018Assets 2019: $133,777Liabilities 2019: $1,635Net Assets 2019: $132,1422019Assets 2020: $114,606Liabilities 2020: $1,694Net Assets 2020: $112,9122020Assets 2021: $121,209Liabilities 2021: $2,257Net Assets 2021: $118,9522021Assets 2022: $120,855Liabilities 2022: $2,424Net Assets 2022: $118,4312022Assets 2023: $123,511Liabilities 2023: $1,732Net Assets 2023: $121,7792023Assets 2024: $110,510Liabilities 2024: $3,119Net Assets 2024: $107,3912024

Highlighted filing

2019

Assets$133,777
Liabilities$1,635
Net Assets$132,142

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $101,528Expenses 2011: $103,015Net Income 2011: -$1,4872011Revenue 2012: $118,661Expenses 2012: $115,330Net Income 2012: $3,3312012Revenue 2013: $119,480Expenses 2013: $116,017Net Income 2013: $3,4632013Revenue 2014: $112,440Expenses 2014: $112,179Net Income 2014: $2612014Revenue 2015: $110,831Expenses 2015: $111,926Net Income 2015: -$1,0952015Revenue 2016: $109,195Expenses 2016: $109,182Net Income 2016: $132016Revenue 2017: $115,612Expenses 2017: $112,728Net Income 2017: $2,8842017Revenue 2018: $118,896Expenses 2018: $124,752Net Income 2018: -$5,8562018Revenue 2019: $121,831Expenses 2019: $115,024Net Income 2019: $6,8072019Revenue 2020: $91,450Expenses 2020: $110,680Net Income 2020: -$19,2302020Revenue 2021: $114,295Expenses 2021: $108,255Net Income 2021: $6,0402021Revenue 2022: $121,058Expenses 2022: $121,579Net Income 2022: -$5212022Revenue 2023: $120,096Expenses 2023: $116,748Net Income 2023: $3,3482023Revenue 2024: $122,542Expenses 2024: $136,930Net Income 2024: -$14,3882024

Highlighted filing

2019

Revenue$121,831
Expenses$115,024
Net Income$6,807
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 4, 2020
Return Version
2019v5.0
Gross Receipts
$131,080
Mission and Program Overview

Mission

The franklin-southampton area chamber of commerce is organized to develop and support business, professional, educational and civic interests, and to promote industrial growth and the general welfare of the area. It represents approximately 250 members and works with business, civic and government entities to coordinate various activities to accomplish goals that promote and improve the overall economy and quality of life. Members consist of businesses, professionals, civic and educational leaders.

Program Services

DescriptionGrantsExpenses
PROMOTE INDUSTRIAL GROWTH FOR THE FRANKLIN-SOUTHAMPTON AREA-$74,574
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERESA B BEALEDirectorFT$49,367$2,980$52,347
MEGHAN COUNCILPresidentPT$0--
COLLIN PULLEYPresident El-$0--
JIM JERVEYTreasurer-$0--
MANDY HALLVP-$0--
RANDOLPH COOKVP-$0--
HOLLY LEDBETTERVP-$0--
DONNA TAYLORVP-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$12,550$12,550$154$12,396
Annual Meeting$10,080$10,080$581$9,499
Total Events$22,630$22,630$9,249$13,381
Filing and Contact Details

Filer

Filer Name
Franklinsouthampton Area
EIN
54-0572244
Phone
7575624900
Address
PO BOX 531, FRANKLIN, VA 23851

Signing Officer

Name
Meghan Council
Title
President
Phone
7575624900
Signed
2020-02-04

Preparer

Firm
Barnes Brock Cornwell & Painter Plc
Address
PO BOX 237, WINDSOR, VA 23487
Preparer
Sharon R Whitley CPA
Phone
7572429271
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Parking fees 430 total 430

Form 990-ez, Part I, Line 16

Seminars rent & facility costs 350 food & beverages 871 licenses 85 supplies 158 board meetings food & beverages 2,854 business expo facility rent and setup 2,630 refreshments and supplies 162 miscellaneous 38 eggs and issues cash awards paid out 150 rent & facility costs 75 food & beverages 1,438 expenses advertising 208 office expense 4,824 computer/website 960 travel expense 861 insurance expense 4,827 dues & subs 3,627 licenses 25 other expenses 250 capital outlay 3,720 membership development 219 total 28,332

Form 990-ez, Part II, Line 24

Furniture, fixtures & equipment 51,744 51,744 less accumulated depreciation 51,744 51,744 investment-chamber select llc 0 0 total 0 0

Form 990-ez, Part II, Line 26

Payroll taxes payable 1,770 1,635 deferred revenue 1,000 0

Form 990-ez, Part III

The franklin-southampton area chamber of commerce is organized to develop and support business, professional, educational and civic interests, and to promote industrial growth and the general welfare of the area. It represents approximately 250 members and works with business, civic and government entities to coordinate various activities to accomplish goals that promote and improve the overall economy and quality of life. Members consist of businesses, professionals, civic and educational leaders.

Raw XML Appendix159 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/BooksInCareOfDetail/USAddress/CityNm0FRANKLIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023851
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0128105
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IRS990EZ/InvestmentIncomeAmt0428
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt080221
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt149367
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt02580
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt0400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MEGHAN COUNCIL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TERESA B BEALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2COLLIN PULLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JIM JERVEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MANDY HALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5RANDOLPH COOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6HOLLY LEDBETTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DONNA TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT EL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7VP
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt028332
IRS990EZ/OtherRevenueTotalAmt0430
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE FRANKLIN-SOUTHAMPTON AREA CHAMBER OF COMMERCE IS ORGANIZED TO DEVELOP AND SUPPORT BUSINESS, PROFESSIONAL, EDUCATIONAL AND CIVIC INTERESTS, AND TO PROMOTE INDUSTRIAL GROWTH AND THE GENERAL WELFARE OF THE AREA. IT REPRESENTS APPROXIMATELY 250 MEMBERS AND WORKS WITH BUSINESS, CIVIC AND GOVERNMENT ENTITIES TO COORDINATE VARIOUS ACTIVITIES TO ACCOMPLISH GOALS THAT PROMOTE AND IMPROVE THE OVERALL ECONOMY AND QUALITY OF LIFE. MEMBERS CONSIST OF BUSINESSES, PROFESSIONALS, CIVIC AND EDUCATIONAL LEADERS.
IRS990EZ/ProgramServiceRevenueAmt022406
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE INDUSTRIAL GROWTH FOR THE FRANKLIN-SOUTHAMPTON AREA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt074574
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0115024
IRS990EZ/TotalProgramServiceExpensesAmt074574
IRS990EZ/TotalRevenueAmt0121831
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0FSACHAMBER.COM
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IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0200
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09249
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ANNUAL MEETING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012550
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010080
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013381
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0735
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0154
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0581
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03603
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt04711
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08314
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARKING FEES 430 TOTAL 430
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SEMINARS RENT & FACILITY COSTS 350 FOOD & BEVERAGES 871 LICENSES 85 SUPPLIES 158 BOARD MEETINGS FOOD & BEVERAGES 2,854 BUSINESS EXPO FACILITY RENT AND SETUP 2,630 REFRESHMENTS AND SUPPLIES 162 MISCELLANEOUS 38 EGGS AND ISSUES CASH AWARDS PAID OUT 150 RENT & FACILITY COSTS 75 FOOD & BEVERAGES 1,438 EXPENSES ADVERTISING 208 OFFICE EXPENSE 4,824 COMPUTER/WEBSITE 960 TRAVEL EXPENSE 861 INSURANCE EXPENSE 4,827 DUES & SUBS 3,627 LICENSES 25 OTHER EXPENSES 250 CAPITAL OUTLAY 3,720 MEMBERSHIP DEVELOPMENT 219 TOTAL 28,332
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FURNITURE, FIXTURES & EQUIPMENT 51,744 51,744 LESS ACCUMULATED DEPRECIATION 51,744 51,744 INVESTMENT-CHAMBER SELECT LLC 0 0 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL TAXES PAYABLE 1,770 1,635 DEFERRED REVENUE 1,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FRANKLIN-SOUTHAMPTON AREA CHAMBER OF COMMERCE IS ORGANIZED TO DEVELOP AND SUPPORT BUSINESS, PROFESSIONAL, EDUCATIONAL AND CIVIC INTERESTS, AND TO PROMOTE INDUSTRIAL GROWTH AND THE GENERAL WELFARE OF THE AREA. IT REPRESENTS APPROXIMATELY 250 MEMBERS AND WORKS WITH BUSINESS, CIVIC AND GOVERNMENT ENTITIES TO COORDINATE VARIOUS ACTIVITIES TO ACCOMPLISH GOALS THAT PROMOTE AND IMPROVE THE OVERALL ECONOMY AND QUALITY OF LIFE. MEMBERS CONSIST OF BUSINESSES, PROFESSIONALS, CIVIC AND EDUCATIONAL LEADERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MEGHAN COUNCIL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07575624900
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLINSOUTHAMPTON AREA
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0540572244
ReturnHeader/Filer/PhoneNum07575624900
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 531
ReturnHeader/Filer/USAddress/CityNm0FRANKLIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023851
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02BB43AEE8ECB028342196DB202AC42AC85FDA7E3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId008BD273990EA01E5E38543C8FC488B7685EB5954
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02020-02-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm015:40:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200221868
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARNES BROCK CORNWELL & PAINTER PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 237
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINDSOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023487
ReturnHeader/PreparerPersonGrp/PhoneNum07572429271
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON R WHITLEY CPA
ReturnHeader/ReturnTs02020-02-14T15:40:16-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.11$0.03$1.07$1.23$1.37$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.24$0.02$1.22$1.20$1.17$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.02$1.18$1.21$1.22$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.02$1.19$1.14$1.08$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.02$1.13$0.91$1.11$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.34$0.02$1.32$1.22$1.15$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.03$1.25$1.19$1.25$0.06
2017Summary only. Only limited summary data is available for this year.$1.33$0.02$1.16$1.13$0.03
2016Summary only. Only limited summary data is available for this year.$1.30$0.02$1.09$1.09$0.00
2015Summary only. Only limited summary data is available for this year.$1.30$0.02$1.11$1.12$0.01
2014Summary only. Only limited summary data is available for this year.$1.31$0.02$1.12$1.12$0.00
2013Summary only. Only limited summary data is available for this year.$1.30$0.01$1.19$1.16$0.03
2012Summary only. Only limited summary data is available for this year.$1.27$0.01$1.19$1.15$0.03
2011Summary only. Only limited summary data is available for this year.$1.24$0.01$1.02$1.03$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)6 • <$500k nonprofits