Francis M Barnes Charitable Tr
- Assets
- $1.7m
- Revenue
- $34.8k
- Investments
- $1.4m
- Employees
- 0
- Location
- Williamston, NC
- Founding
- 10/2005
- Data as of
- 06/2023
- EIN
- 20-1533061
Organization Overview
Francis M Barnes Charitable Tr is located in Williamston, NC. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francis M Barnes Charitable Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Francis M Barnes Charitable Tr generated $34.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $141.3k during the year ending 06/2023. While expenses have increased by 3.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Francis M Barnes Charitable Tr has awarded 84 individual grants totaling $755,818. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOYS & GIRLS CLUB OF MARTIN COUNTY
JAMESVILLE VOLUNTEER FIRE DEPT
TOWN OF WILLIAMSTON (FIRE & EMS)
MARTIN COUNTY SCHOOLS MARCHING BAND
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel T Thigpen Trustee | 10 | $6,903 | |
Jennifer Thigpen Trustee | 10 | $6,904 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,075 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,253 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,822 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,807 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,689 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26,551 |
| Total operating and administrative expenses | $44,567 |
| Contributions, gifts, grants paid | $96,717 |
| Total expenses and disbursements | $141,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $214,423 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,656,996 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Francis M Barnes Charitable Tr has awarded $96,717 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BEAR GRASS FIRE RESCUE PURPOSE: DEFIBRULATORS | $7,222 |
BOYS & GIRLS CLUB OF MARTIN COUNTY PURPOSE: PROVIDE FUNDS FOR STAFFING, MATERIALS, AND ADMINISTRATIVE SUPPORT OF PROGRAMS IN MARTIN COUNTY. | $25,000 |
FIRST UNITED METHODIST CHURCH PURPOSE: ROOF REPAIRS | $8,300 |
JAMESVILLE VOLUNTEER FIRE DEPT PURPOSE: 15 MONITORS Y 1 PAGERS | $8,078 |
JAMESVILLE VOLUNTEER FIRE DEPT PURPOSE: HEAVY RESCUE SET | $15,000 |
MARTIN COUNTY HISTORICAL SOCIETY PURPOSE: BUILDING RENOVATIONS | $4,200 |