Franklin Southampton Fair Foundation
EIN: 521299433 · Courtland, VA · NTEE: N520
| Metric | Value |
|---|---|
| Total Revenue | $503K |
| Total Expenses | $239K |
| Net Assets | $85K |
Is Franklin Southampton Fair Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Franklin Southampton Fair Foundation
Franklin Southampton Fair Foundation (EIN: 521299433) is a nonprofit organization based in Courtland, VA, classified under NTEE code N520. The organization reported total revenue of $503K and total assets of $425K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franklin Southampton Fair Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franklin Southampton Fair Foundation is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $216K |
| Total Expenses | $239K |
| Surplus / Deficit | $-22,963 |
| Total Assets | $85K |
| Total Liabilities | $120 |
| Net Assets | $85K |
| Operating Margin | -10.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 4.3 months |
Financial Health Grade: B
In 2023, Franklin Southampton Fair Foundation reported a deficit of $23K with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Franklin Southampton Fair Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.8% | +30.4% | -21.2% |
| 2022 | +11.2% | -2.0% | +7.9% |
| 2021 | +179.8% | +156.1% | -12.9% |
| 2020 | -68.4% | -56.4% | -9.1% |
| 2019 | +37.2% | +23.8% | +27.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Franklin Southampton Fair Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Franklin Southampton Fair Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Franklin Southampton Fair Foundation
Is Franklin Southampton Fair Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Franklin Southampton Fair Foundation (EIN: 521299433) insufficient data. 0 red flags identified, 0 strengths noted.
How does Franklin Southampton Fair Foundation spend its money?
Detailed spending breakdown data is not yet available for Franklin Southampton Fair Foundation. Check back for updated IRS 990 analysis.
Are donations to Franklin Southampton Fair Foundation tax-deductible?
Franklin Southampton Fair Foundation is registered as a tax-exempt nonprofit (EIN: 521299433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Franklin Southampton Fair Foundation located?
Franklin Southampton Fair Foundation is headquartered in Courtland, Virginia and files with the IRS under EIN 521299433. It is classified under NTEE code N520.
How many years of IRS 990 filings does Franklin Southampton Fair Foundation have?
Franklin Southampton Fair Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $503K in total revenue.
Filing History
IRS 990 filing history for Franklin Southampton Fair Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Franklin Southampton Fair Foundation's revenue has grown by 102.4%, moving from $107K to $216K. Total assets decreased by 36.5% over the same period, from $134K to $85K. Total functional expenses rose by 111.6%, from $113K to $239K. In its most recent filing year (2023), Franklin Southampton Fair Foundation reported a deficit of $23K, with expenses exceeding revenue. The organization holds $120 in liabilities against $85K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $85K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $216K | $239K | $85K | $120 | — | — |
| 2022 | $191K | $183K | $108K | $0 | — | View 990 |
| 2021 | $172K | $187K | $100K | $143 | — | View 990 |
| 2020 | $61K | $73K | $115K | $0 | — | — |
| 2019 | $194K | $167K | $126K | $0 | — | View 990 |
| 2018 | $142K | $135K | $99K | $0 | — | View 990 |
| 2017 | $128K | $140K | $97K | $4K | — | View 990 |
| 2016 | $114K | $161K | $109K | $4K | — | View 990 |
| 2015 | $134K | $165K | $160K | $7K | — | View 990 |
| 2014 | $154K | $170K | $195K | $10K | — | View 990 |
| 2013 | $221K | $130K | $220K | $20K | — | View 990 |
| 2012 | $114K | $112K | $133K | $24K | — | View 990 |
| 2011 | $107K | $113K | $134K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $216K, expenses of $239K, and assets of $85K (revenue +12.8% year-over-year).
- 2022: Revenue of $191K, expenses of $183K, and assets of $108K (revenue +11.2% year-over-year).
- 2021: Revenue of $172K, expenses of $187K, and assets of $100K (revenue +179.8% year-over-year).
- 2020: Revenue of $61K, expenses of $73K, and assets of $115K (revenue -68.4% year-over-year).
- 2019: Revenue of $194K, expenses of $167K, and assets of $126K (revenue +37.2% year-over-year).
- 2018: Revenue of $142K, expenses of $135K, and assets of $99K (revenue +10.9% year-over-year).
- 2017: Revenue of $128K, expenses of $140K, and assets of $97K (revenue +12.4% year-over-year).
- 2016: Revenue of $114K, expenses of $161K, and assets of $109K (revenue -15.0% year-over-year).
- 2015: Revenue of $134K, expenses of $165K, and assets of $160K (revenue -13.1% year-over-year).
- 2014: Revenue of $154K, expenses of $170K, and assets of $195K (revenue -30.3% year-over-year).
- 2013: Revenue of $221K, expenses of $130K, and assets of $220K (revenue +93.2% year-over-year).
- 2012: Revenue of $114K, expenses of $112K, and assets of $133K (revenue +7.2% year-over-year).
- 2011: Revenue of $107K, expenses of $113K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franklin Southampton Fair Foundation:
Data Sources and Methodology
This transparency report for Franklin Southampton Fair Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.