Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
45th percentile
Higher net margin than 45% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 47.9% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
70th percentile
Faster revenue growth than 70% of similar nonprofits.
Balance Sheet
Assets
Up$121,209
Up $6,603 (+5.8%) from 2020
Net Assets
Up$118,952
Up $6,040 (+5.3%) from 2020
Liabilities
Up$2,257
Up $563 (+33%) from 2020
Revenue And Expenses
Revenue
Up$114,295
Up $22,845 (+25%) from 2020
Expenses
Down$108,255
Down $2,425 (-2.2%) from 2020
Net Income
Up$6,040
Up $25,270 (+131%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Jun 3, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $124,582
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
| Description | Grants | Expenses |
|---|---|---|
| PROMOTE INDUSTRIAL GROWTH FOR THE FRANKLIN-SOUTHAMPTON AREA | - | $74,097 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TERESA B BEALE | Director | FT | $51,598 | $3,120 | $54,718 |
| COLLIN PULLEY | President | PT | $0 | - | - |
| JIM JERVEY | Treasurer | - | $0 | - | - |
| MARSHALL RABIL | VP | - | $0 | - | - |
| RANDOLPH COOK | VP | - | $0 | - | - |
| HOLLY LEDBETTER | President El | - | $0 | - | - |
| BLAKE BLYTHE | VP | - | $0 | - | - |
| DONNA TAYLOR | VP | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Tournament | $13,418 | $13,418 | $219 | $13,199 |
| Annual Meeting | $12,785 | $12,785 | $399 | $12,386 |
| Total Events | $26,203 | $26,203 | $10,287 | $15,916 |
Filing and Contact Details
Filer
- Filer Name
- Franklinsouthampton Area
- EIN
- 54-0572244
- Phone
- 7575624900
- Address
- PO BOX 531, FRANKLIN, VA 23851
Signing Officer
- Name
- Teresa B Beale
- Title
- Director
- Phone
- 7575624900
- Signed
- 2022-06-03
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 8
“Ppp loan forgiveness 16,564 parking fees/miscellaneous 180 total 16,744”
Form 990-ez, Part I, Line 16
“Board meetings food & beverages 1,377 business expo advertising 25 expenses advertising 114 phone 1,711 merchant services 1,743 office supplies 1,087 postage 489 copies 442 computer/website 1,032 insurance expense 5,082 dues & subs 3,008 licenses 25 other expenses 142 membership development 20 travel 455 total 16,752”
Form 990-ez, Part II, Line 24
“Furniture, fixtures & equipment 51,744 51,744 less accumulated depreciation 51,744 51,744 total 0 0”
Form 990-ez, Part II, Line 26
“Payroll taxes payable 1,694 2,257”
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 Appendix154 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | FRSO AREA CHAMBER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7575624900 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 531 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FRANKLIN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23851 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 114606 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 121209 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6040 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1010 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 114606 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 121209 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 26203 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 420 |
| IRS990EZ/GrossReceiptsAmt | 0 | 124582 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 420 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 398 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 78861 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 112912 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 118952 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 112912 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 118952 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3830 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 51598 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 2720 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 400 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TERESA B BEALE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | COLLIN PULLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JIM JERVEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MARSHALL RABIL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | RANDOLPH COOK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | HOLLY LEDBETTER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | BLAKE BLYTHE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | DONNA TAYLOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | VP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | PRESIDENT EL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | VP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | VP |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 16752 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 16744 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 1956 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROMOTE INDUSTRIAL GROWTH FOR THE FRANKLIN-SOUTHAMPTON AREA |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 74097 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 86663 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 10287 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 15916 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1694 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2257 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 108255 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 74097 |
| IRS990EZ/TotalRevenueAmt | 0 | 114295 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | FSACHAMBER.COM |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt | 0 | 200 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt | 0 | 150 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt | 0 | 350 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 10287 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GOLF TOURNAMENT |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | ANNUAL MEETING |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 13418 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 12785 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 26203 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 13418 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 12785 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 26203 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 15916 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 618 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 219 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt | 0 | 399 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 3158 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt | 0 | 6161 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 9319 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PPP LOAN FORGIVENESS 16,564 PARKING FEES/MISCELLANEOUS 180 TOTAL 16,744 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOARD MEETINGS FOOD & BEVERAGES 1,377 BUSINESS EXPO ADVERTISING 25 EXPENSES ADVERTISING 114 PHONE 1,711 MERCHANT SERVICES 1,743 OFFICE SUPPLIES 1,087 POSTAGE 489 COPIES 442 COMPUTER/WEBSITE 1,032 INSURANCE EXPENSE 5,082 DUES & SUBS 3,008 LICENSES 25 OTHER EXPENSES 142 MEMBERSHIP DEVELOPMENT 20 TRAVEL 455 TOTAL 16,752 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FURNITURE, FIXTURES & EQUIPMENT 51,744 51,744 LESS ACCUMULATED DEPRECIATION 51,744 51,744 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PAYROLL TAXES PAYABLE 1,694 2,257 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TERESA B BEALE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7575624900 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-06-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FRANKLINSOUTHAMPTON AREA |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CHAMBER OF COMMERCE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FRAN |
| ReturnHeader/Filer/EIN | 0 | 540572244 |
| ReturnHeader/Filer/PhoneNum | 0 | 7575624900 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 531 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FRANKLIN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23851 |
| 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 | 2022-06-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHARON R WHITLEY CPA |
| ReturnHeader/ReturnTs | 0 | 2022-07-18T11:12:04-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | TERESA |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BEALE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $121,209
- Liabilities
- $2,257
- Net assets
- $118,952
- Revenue
- $114,295
- Expenses
- $108,255
- Net income
- $6,040
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