Francis M Barnes Memorial Tr is a 501(c)(3) organization based in Williamston, North Carolina, registered in 2005, with $1,106,682 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.1M
▲ 145.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$319K
Net assets
$5.4M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Francis M Barnes Memorial Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Francis M Barnes Memorial Tr: 204 mo reserves · +71% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Francis M Barnes Memorial Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Francis M Barnes Memorial Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $514K (FY2013) to $1.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
71.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.4M
Total liabilities
$0
Net assets
$5.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,106,682▲146% | $318,958▲11.9% | $5,421,078▲17.0% | $5,421,078▲17.0% | 990PF |
| 2023 | $450,474▲823% | $285,128▼7.0% | $4,633,354▲3.7% | $4,633,354▲3.7% | 990PF |
| 2022 | -$62,337▼106% | $306,508▼6.2% | $4,468,008▼7.6% | $4,468,008▼7.6% | 990PF |
| 2021 | $1,009,046▲19.3% | $326,921▲30.7% | $4,836,853▲16.4% | $4,836,853▲16.4% | 990PF |
| 2020 | $846,032▲43353% | $250,115▲2.3% | $4,154,728▲16.7% | $4,154,728▲16.7% | 990PF |
| 2019 | $1,947▼99.5% | $244,414▲26.5% | $3,558,811▼6.4% | $3,558,811▼6.4% | 990PF |
| 2018 | $362,939▼44.2% | $193,261▼11.9% | $3,801,278▲4.7% | $3,801,278▲4.7% | 990PF |
| 2017 | $651,000▲81.2% | $219,447▲8.8% | $3,631,600▲13.5% | $3,631,600▲13.5% | 990PF |
| 2016 | $359,296▼25.0% | $201,789▼1.2% | $3,200,047▲5.2% | $3,200,047▲5.2% | 990PF |
| 2015 | $479,297▲13.9% | $204,231▲0.4% | $3,042,540▲9.9% | $3,042,540▲9.9% | 990PF |
| 2014 | $420,812▼18.1% | $203,516▲6.2% | $2,767,474▲8.5% | $2,767,474▲8.5% | 990PF |
| 2013 | $513,593 | $191,547▲9.7% | $2,550,178▲14.5% | $2,550,178▲14.5% | 990PF |
| 2012 | — | $174,644▼9.1% | $2,228,132▲2.6% | $2,228,132▲2.6% | 990PF |
| 2011 | — | $192,111 | $2,171,878 | $2,171,878 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Francis M Barnes Memorial Tr (EIN 20-1533095) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.