Franklin County R A C E Inc is a 501(c)(3) organization based in Hampton, Iowa, registered in 2001, with $325,109 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$325K
▼ 16.6% vs prior year
Human Services median: $293K
Expenses (FY2024)
$368K
Net assets
$2.0M
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 Franklin County R A C E Inc— 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 Franklin County R A C E Inc: 65 mo reserves · -13% margin earns a C+ 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 Franklin County R A C E Inc— 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 Franklin County R A C E Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $300K (FY2013) to $325K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-13.3%
Spent more than it raised in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$0
Net assets
$2.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $325,109▼16.6% | $368,481▼40.6% | $1,990,600▼2.1% | $1,990,600▼2.1% | 990 |
| 2023 | $389,608▼42.6% | $620,747▲37.9% | $2,033,972▼10.2% | $2,033,972▼10.4% | 990 |
| 2022 | $679,069▲264% | $450,141▲54.4% | $2,265,111▲8.4% | $2,270,111▲8.1% | 990 |
| 2021 | $186,764▲2.5% | $291,521▲6.1% | $2,089,784▼2.4% | $2,099,784▼1.9% | 990 |
| 2020 | $182,204▼12.1% | $274,649▼6.8% | $2,140,940▼4.1% | $2,140,940▼4.1% | 990 |
| 2019 | $207,379▼5.9% | $294,616▼0.1% | $2,232,386▼3.8% | $2,232,386▼3.8% | 990 |
| 2018 | $220,490▼24.4% | $295,020▼13.2% | $2,319,622▼3.1% | $2,319,622▼3.5% | 990 |
| 2017 | $291,661▲6.2% | $339,925▲17.1% | $2,394,150▼2.0% | $2,404,283▼3.8% | 990 |
| 2016 | $274,672▲17.3% | $290,301▼7.4% | $2,442,414▼0.6% | $2,499,914▼2.9% | 990 |
| 2015 | $234,070▼9.9% | $313,575▲3.8% | $2,458,043▼3.1% | $2,573,746▼3.8% | 990 |
| 2014 | $259,876▼13.3% | $302,046▲2.2% | $2,537,548▼1.6% | $2,675,588▼3.6% | 990 |
| 2013 | $299,695 | $295,436▲4.8% | $2,579,717▲0.2% | $2,776,039▼2.8% | 990 |
| 2012 | — | $281,893▼2.3% | $2,575,458▼1.0% | $2,855,458▼2.4% | 990 |
| 2011 | — | $288,475▼6.7% | $2,601,484▼1.9% | $2,926,494▼3.0% | 990 |
| 2010 | — | $309,302▲1.2% | $2,651,592▼1.7% | $3,017,092▼3.2% | 990 |
| 2009 | — | $305,635 | $2,698,434 | $3,118,434 | 990 |
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.
1 grant to Franklin County R A C E Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Fdn of Greater Des Moines | Grant distribution - franklin wellness center - hampton | 2022 | $10,000 |
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Data for Franklin County R A C E Inc (EIN 42-1518931) 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.