Faith Network Of Franklin County
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rocky Mount, VA
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 82-1495385
Organization Overview
Faith Network Of Franklin County is located in Rocky Mount, VA. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public 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. Faith Network Of Franklin County 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 12/2021, Faith Network Of Franklin County generated $9.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (43.8%) each year. All expenses for the organization totaled $27.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE CRISIS FINANCIAL ASSISTANCE FOR FOOD, SHELTER, UTILITIES,AND OTHER CRITICAL BASIC NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Layman President | 2 | $0 | |
Coretta Hale Director | 2 | $0 | |
Barbara Hatcher Treasurer | 2 | $0 | |
Lori Suon Director | 2 | $0 | |
Abigail Southall Secretary | 2 | $0 | |
Sherry Scott Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,528 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $352 |
| Other Revenue | $0 |
| Total Revenue | $9,893 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,313 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $1,817 |
| Printing, publications, postage, and shipping | $585 |
| Other expenses | $15,594 |
| Total expenses | $27,709 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Faith Network Of Franklin County has recieved totaling $27.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |
York Foundation Herndon, VA | $79,294,285 | $7,194,037 |
Taubman Foundation For The Arts Roanoke, VA | $20,057,493 | $918,229 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
Schoolseed Foundation Memphis, TN | $5,107,519 | $7,793,603 |
Skillsource Group Inc Vienna, VA | $1,796,857 | $6,906,902 |
Fauna & Flora International Usa Inc Washintgon, DC | $2,602,858 | $7,350,946 |
Kennedy Krieger Foundation Inc Baltimore, MD | $94,709,715 | $9,828,353 |
Camino Community Development Corporation Inc Charlotte, NC | $3,342,143 | $5,457,630 |
Lincoln County Opportunity Company Hamlin, WV | $12,939,061 | $6,690,781 |
Chattanooga Chamber Foundation Chattanooga, TN | $7,015,826 | $5,758,264 |