Franklin County Committee Of 100
- Assets
- $284.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Youngsville, NC
- Founding
- 05/1995
- Data as of
- 12/2022
- EIN
- 56-1394736
Organization Overview
Franklin County Committee Of 100 is located in Youngsville, NC. The organization was established in 1995. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin County Committee Of 100 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 12/2022, Franklin County Committee Of 100 generated $7.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $2.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
TO ASSIST WITH LUNCH AND LEARN PROGRAM TO PROMOTE INDUSTRY IN THE AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Winslow Chairman | 1 | $0 | |
Lori Duke Secy/treasurer | 1 | $0 | |
Cory Thornton Vice Chairman | 1 | $0 | |
Board Members-See Listing Attached Board Members | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,810 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,007 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,817 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $325 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $161 |
| Other expenses | $1,567 |
| Total expenses | $2,053 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $235,642 |
| Other assets | $0 |
| Total assets | $284,319 |
| Total liabilities | $0 |
| Net assets or fund balances | $284,319 |
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| Organization Name | Assets | Revenue |
|---|---|---|
Nash-Edgecombe Economic Development Inc Rocky Mount, NC | $2,214,551 | $9,450,498 |
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Srs Community Reuse Organization Aiken, SC | $6,557,053 | $4,875,445 |
Grove Park Foundation Inc Atlanta, GA | $25,190,874 | $3,791,912 |
Alexandria Convention And Visitors Association Inc Alexandria, VA | $744,565 | $3,884,098 |
Vibrant Memphis Inc Memphis, TN | $19,880,886 | $2,783,167 |
Hampton Roads Economic Development Alliance Norfolk, VA | $4,122,075 | $4,031,039 |