Civic Intelligence

Franklinsouthampton Area

990EZ • Fiscal year 2022 • EIN 54-0572244

Jan 01, 2022 to Dec 31, 2022 • Filed on May 04, 2023

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

59th percentile

0.02x

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.02x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

43rd percentile

-0.4%

Higher net margin than 43% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

89th percentile

$57,776

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 47.7% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

48th percentile

-0.3%

Faster asset growth than 48% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

5.9%

Faster revenue growth than 44% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$120,855

Down $354 (-0.3%) from 2021

Net Assets

Down

$118,431

Down $521 (-0.4%) from 2021

Liabilities

Up

$2,424

Up $167 (+7.4%) from 2021

Revenue

Up

$121,058

Up $6,763 (+5.9%) from 2021

Expenses

Up

$121,579

Up $13,324 (+12%) from 2021

Net Income

Down

-$521

Down $6,561 (-109%) from 2021

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

2022

Assets$120,855
Liabilities$2,424
Net Assets$118,431

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

2022

Revenue$121,058
Expenses$121,579
Net Income-$521
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 4, 2023
Return Version
2022v5.0
Gross Receipts
$125,640
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-$74,866
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERESA B BEALEDirectorFT$54,656$3,120$57,776
JIM JERVEYTreasurer-$0--
MARSHALL RABILVP-$0--
RANDOLPH COOKVP-$0--
HOLLY LEDBETTERPresidentPT$0--
BRIGITTE BRADWSHAWVP-$0--
DONNA TAYLORVP-$0--
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
2023-05-04

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

Parking fees/miscellaneous 440 total 440

Form 990-ez, Part I, Line 16

Board meetings food & beverages 3,041 business expo advertising 12 facility rent and setup 3,063 refreshments and supplies 1,165 miscellaneous 189 seminars supplies 110 food & beverages 2,774 facility rent 450 expenses advertising 99 phone 1,925 merchant services 1,443 office supplies 824 postage 336 copies 528 computer/website 1,126 insurance expense 5,317 dues & subs 3,123 licenses 25 other expenses 265 membership development 178 travel 663 total 26,656

Form 990-ez, Part II, Line 24

Furniture, fixtures & equipment 51,744 51,744 less accumulated depreciation 51,744 51,744 payroll tax refund due 0 87 total 0 87

Form 990-ez, Part II, Line 26

Payroll taxes payable 2,257 2,424

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 Appendix133 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0FRSO AREA CHAMBER
IRS990EZ/BooksInCareOfDetail/PhoneNum07575624900
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 531
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FRANKLIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023851
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0121209
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0120768
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-521
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01015
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0121209
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0120855
IRS990EZ/FundraisingGrossIncomeAmt014293
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0130
IRS990EZ/GrossReceiptsAmt0125640
IRS990EZ/GrossSalesOfInventoryAmt0130
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0304
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt078828
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0118952
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0118431
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0118952
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0118431
IRS990EZ/OccupancyRentUtltsAndMaintAmt03718
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt054656
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt02720
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt0400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TERESA B BEALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JIM JERVEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARSHALL RABIL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RANDOLPH COOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4HOLLY LEDBETTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BRIGITTE BRADWSHAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DONNA TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VP
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt087
IRS990EZ/OtherExpensesTotalAmt026656
IRS990EZ/OtherRevenueTotalAmt0440
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/ProgramServiceRevenueAmt031645
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE INDUSTRIAL GROWTH FOR THE FRANKLIN-SOUTHAMPTON AREA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt074866
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt090190
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt04582
IRS990EZ/SpecialEventsNetIncomeLossAmt09711
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02257
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02424
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0121579
IRS990EZ/TotalProgramServiceExpensesAmt074866
IRS990EZ/TotalRevenueAmt0121058
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0FSACHAMBER.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARKING FEES/MISCELLANEOUS 440 TOTAL 440
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEETINGS FOOD & BEVERAGES 3,041 BUSINESS EXPO ADVERTISING 12 FACILITY RENT AND SETUP 3,063 REFRESHMENTS AND SUPPLIES 1,165 MISCELLANEOUS 189 SEMINARS SUPPLIES 110 FOOD & BEVERAGES 2,774 FACILITY RENT 450 EXPENSES ADVERTISING 99 PHONE 1,925 MERCHANT SERVICES 1,443 OFFICE SUPPLIES 824 POSTAGE 336 COPIES 528 COMPUTER/WEBSITE 1,126 INSURANCE EXPENSE 5,317 DUES & SUBS 3,123 LICENSES 25 OTHER EXPENSES 265 MEMBERSHIP DEVELOPMENT 178 TRAVEL 663 TOTAL 26,656
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FURNITURE, FIXTURES & EQUIPMENT 51,744 51,744 LESS ACCUMULATED DEPRECIATION 51,744 51,744 PAYROLL TAX REFUND DUE 0 87 TOTAL 0 87
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL TAXES PAYABLE 2,257 2,424
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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA B BEALE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07575624900
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-04
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/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200221868
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARNES BROCK CORNWELL & PAINTER PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 536
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRANKLIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0238511722
ReturnHeader/PreparerPersonGrp/PhoneNum07575698101
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHARON R WHITLEY CPA
ReturnHeader/ReturnTs02023-05-12T11:33:06-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TERESA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BEALE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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. 2022 filings • 501(c)6 • <$500k nonprofits