Franklin-southampton Fair Foundation is a 501(c)(3) organization based in Courtland, Virginia, registered in 1983, with $486,280 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$486K
▲ 146.0% vs prior year
Recreation median: $129K
Expenses (FY2024)
$219K
Net assets
$425K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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-southampton Fair Foundation— 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-southampton Fair Foundation: 23 mo reserves · +55% margin earns a A 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-southampton Fair Foundation— 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-southampton Fair Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $142K (FY2017) to $486K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
54.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$425K
Total liabilities
$0
Net assets
$425K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $486,280▲146% | $219,123▲75.4% | $424,875▲169% | $424,875▲169% | 990 |
| 2023 | $197,708▼8.3% | $124,963▼47.6% | $157,718▲85.6% | $157,758▲85.4% | 990 |
| 2022 | $215,689▲12.8% | $238,652▲30.4% | $84,973▼21.3% | $85,093▼21.2% | 990 |
| 2021 | $191,141▲11.2% | $183,067▼2.0% | $107,936▲8.1% | $107,936▲7.9% | 990 |
| 2020 | $171,880▲180% | $186,825▲156% | $99,862▼13.0% | $100,005▼12.9% | 990 |
| 2019 | $61,433▼68.4% | $72,963▼56.4% | $114,807▼9.1% | $114,807▼9.1% | 990 |
| 2018 | $194,215▲37.2% | $167,306▲23.8% | $126,337▲27.1% | $126,337▲27.1% | 990 |
| 2017 | $141,592 | $135,154 | $99,428 | $99,428 | 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.
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Data for Franklin-southampton Fair Foundation (EIN 52-1299433) 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.