Franklin-Southampton Charities
- Assets
- $37.0m
- Revenue
- $2.7m
- Investments
- $35.8m
- Employees
- 0
- Location
- Franklin, VA
- Founding
- 11/1998
- Data as of
- 12/2020
- EIN
- 31-1613116
Organization Overview
Franklin-Southampton Charities is located in Franklin, VA. The organization was established in 1998. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin-Southampton Charities 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 12/2020, Franklin-Southampton Charities generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
G Elliott Cobb Jr Secretary | 1 | $0 | |
E Warren Beale Jr Chairman | 1 | $0 | |
Elliott Whitfield Treasurer | 1 | $0 | |
Ellis Cofield Jr Trustee | 1 | $0 | |
Glenn Bidwell Jr MD Trustee | 1 | $0 | |
Ernest Claud Jr Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $552,352 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,665,380 |
| Capital Gain Net Income | $1,665,380 |
| Net ST Capital Gain | $283,797 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $491,124 |
| Total Revenue | $2,708,856 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $18,582 |
| Pension plans, employee benefits | $1,422 |
| Interest | $0 |
| Taxes | $51,683 |
| Depreciation | $66 |
| Occupancy | $7,707 |
| Travel, conferences, and meetings | $194 |
| Printing and publications | $0 |
| Other expenses | $116,242 |
| Total operating and administrative expenses | $295,679 |
| Contributions, gifts, grants paid | $1,501,435 |
| Total expenses and disbursements | $1,797,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,170,305 |
| Savings and temporary cash investments | $0 |
| 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 | $132 |
| Other assets | $0 |
| Total assets | $36,985,703 |
| 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 | $429,124 |
| Total liabilities | $429,124 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Franklin-Southampton Charities has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Ruth Camp And Henry Campbell Fdn Franklin, VA PURPOSE: GENERAL SUPPORT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Livingston Hospital And Healthcare Services Inc Salem, KY | $11,764,039 | $22,423,570 |
Cumberland County Hospital Association Inc Burkesville, KY | $27,206,653 | $23,152,789 |
Armc Physicians Care Inc Greensboro, NC | $1,939,063 | $13,036,879 |
Grafton City Hospital Inc Grafton, WV | $12,579,232 | $20,111,333 |
Macon County General Hospital Inc Lafayette, TN | $17,643,586 | $20,536,652 |
Uofl Health-Shelbyville Inc Louisville, KY | $17,393,919 | $16,689,423 |
Wayne County Hospital Inc Monticello, KY | $12,751,716 | $22,596,534 |
Healthcare Foundation Of Wilson Wilson, NC | $207,911,505 | $10,473,791 |
The Medical Center At Clinton County Inc Bowling Green, KY | $13,891,924 | $13,579,488 |
Chesapeake Hospital Corporation Kilmarnock, VA | $0 | $13,682,871 |
Grayson Co Hospital Foundation Inc Leitchfield, KY | $10,324,685 | $4,058,900 |
Alleghany County Memorial Hospital Inc Sparta, NC | $23,031,959 | $15,886,871 |