Civic Intelligence

Faith Network of Franklin County

EIN 82-1495385 • 501(c)3 • Rocky Mount, VA

Profile

Provide crisis financial assistance for food, shelter, utilities, and other critical basic needs.

c/o Barb Hatcher 101 Keiths Place DRocky Mount, VA 24151

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

7th percentile

-180%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-93%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $83,639 (-100%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Revenue

Down

$9,893

Down $133,431 (-93%) from 2020

Expenses

Down

$27,709

Down $102,831 (-79%) from 2020

Net Income

Down

-$17,816

Down $30,600 (-239%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2018: $22,535Net Assets 2018: $22,5352018Assets 2019: $70,855Net Assets 2019: $70,8552019Assets 2020: $83,639Liabilities 2020: $02020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities-
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2018: $98,938Expenses 2018: $85,251Net Income 2018: $13,6872018Revenue 2019: $193,660Expenses 2019: $145,340Net Income 2019: $48,3202019Revenue 2020: $143,324Expenses 2020: $130,540Net Income 2020: $12,7842020Revenue 2021: $9,893Expenses 2021: $27,709Net Income 2021: -$17,8162021

Highlighted filing

2021

Revenue$9,893
Expenses$27,709
Net Income-$17,816

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 27, 2022
Return Version
2021v4.1
Gross Receipts
$9,928
Mission and Program Overview

Mission

Provide crisis financial assistance for food, shelter, utilities, and other critical basic needs.

Program Services

DescriptionGrantsExpenses
Provide crisis financial assistance for food, shelter, utilities,and other critical basic needs.$0$22,903
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jamie StarkeyDirector-$0--
Derek LaymanPresident-$0--
Diane GrimmettDirector-$0--
Coretta HaleDirector-$0--
Abigail SouthallSecretary-$0--
Lori SuonDirector-$0--
Sherry ScottVice President-$0--
Barbara HatcherTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Faith Network of Franklin County
EIN
82-1495385
Phone
5404842434
Address
c/o Barb Hatcher 101 Keiths Place D, Rocky Mount, VA 24151

Signing Officer

Name
Barb Hatcher
Title
Treasurer
Phone
5404842434
Signed
2022-06-27
Discuss with paid preparer
Yes

Preparer

Firm
Mallard & Mallard Cpas LLC
Address
411 E CHURCH ST, MARTINSVILLE, VA 24112
Preparer
Brandon L Martin
Phone
2766325754
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Telephone 378.

Form 990EZ, Part I, Line 16

Client services 12990.

Form 990EZ, Part I, Line 16

Advertising 5.

Form 990EZ, Part I, Line 16

Storage fee 600.

Form 990EZ, Part I, Line 16

Travel and meetings 232.

Form 990EZ, Part I, Line 16

Dues and membership fees 199.

Form 990EZ, Part I, Line 16

Miscellaneous 990.

Form 990EZ, Part I, Line 16

Website 200.

Form 990EZ, Part I, Line 20

This is the amount distributed to Lake Christian Ministries of Franklin County, another nonprofit, upon dissolution of Faith Network of Franklin County. -65823.

Raw XML Appendix233 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/CityNm0Rocky Mount
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jamie Starkey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Derek Layman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Diane Grimmett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Coretta Hale
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Abigail Southall
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-65823
IRS990EZ/OtherExpensesTotalAmt015594
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide crisis financial assistance for food, shelter, utilities, and other critical basic needs.
IRS990EZ/PrintingPublicationsPostageAmt0585
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt022903
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt09313
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt0352
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt027709
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0119980
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0166820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt068657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0364985
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt040
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1Gift Cards
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-10-23
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12021-10-23
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1175
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1Face value of card
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0Lake Christian Ministries
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm1Lake Christian Ministries
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt013157 S Old Moneta Road
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt113157 S Old Moneta Road
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Moneta
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1Moneta
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1VA
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IRS990ScheduleN/OwnerOfSuccessorInd0false
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IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0Derek Layman became a member of the Board of Directors at Lake Christian Ministries in January 2021. In October 2021, he was elected as Chairperson of the Governance Committee. The Chairperson of the Governance Committee also serves as the Vice Chairperson of the Board of Directors. The invitation to serve on Lake Christian Ministries Board of Directors was extended in the 4th quarter of 2020. Derek accepted the invitation as Lake Christian Ministries vision/mission is similar to that of Faith Network of Franklin County.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2e
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Telephone 378.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Client services 12990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Advertising 5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Storage fee 600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Travel and meetings 232.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Dues and membership fees 199.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Miscellaneous 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Website 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8This is the amount distributed to Lake Christian Ministries of Franklin County, another nonprofit, upon dissolution of Faith Network of Franklin County. -65823.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Barb Hatcher
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05404842434
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Faith Network of Franklin County
ReturnHeader/Filer/BusinessNameControlTxt0FAIT
ReturnHeader/Filer/EIN0821495385
ReturnHeader/Filer/PhoneNum05404842434
ReturnHeader/Filer/USAddress/AddressLine1Txt0c/o Barb Hatcher 101 Keiths Place D
ReturnHeader/Filer/USAddress/CityNm0Rocky Mount
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024151
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010756964
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MALLARD & MALLARD CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0411 E CHURCH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARTINSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024112
ReturnHeader/PreparerPersonGrp/PhoneNum02766325754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Brandon L Martin
ReturnHeader/ReturnTs02022-08-16T09:34:32-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Barb
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hatcher
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

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