Farrr Foundation INC FY2020 filing

Tax-deductible

Lynchburg, VA501(c)(3)Since 2007Foundations & GrantmakersEIN 20-1592668Revenue $231K in FY2020

On file with the IRS1310 Church St B, 24504-4604 · Lynchburg, VATax-exempt since Apr 2006Publicly supported charity — 170(b)(1)(A)(vi)

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Ministry work in the USA and india

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $149K a year · 6% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
24 mo
of spending, in cash
Looks good: 24.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $199K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$394K
55% of total assets
Fine: liabilities are 55% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$231K
Spent
$156K
To programs
79%
Net assets
$321K
By yearFY2020–FY2025
Revenue
$231K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$231K
FY2021$284K
FY2022$1.5M
FY2023$3.9M
FY2024$3.6M
FY2025$4.9M
Expenses
$156K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$156K
FY2021$152K
FY2022$1.4M
FY2023$3.9M
FY2024$3.6M
FY2025$4.4M
Net assets
$321K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$321K
FY2021$389K
FY2022$885K
FY2023$4.1M
FY2024$4.2M
FY2025$4.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $123K Management & general 32% · $49K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

26 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director of Operations
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Farrr Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Provides ministry work in the USA and India.

Questions for Farrr Foundation INC

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Provided by the organization

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2 programs · $134K · in their own filed words · FY2020
01

Contributions to provide food and shelter for the needy

$67Kprogram expense
02

Contributions to provide food and shelter for the needy

$67Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$199K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$231K
Ln 12
Gifts and grantsLn 1h$215K
Other incomeLn 4–11$15K
Money outPt IX
$156K
Ln 25
Programscol B$123K
Managementcol C$49K
Owns and owesPt X
$321K
net assets · Ln 32
Cash and savingsLn 1–2$312K
Total assetsLn 16$714K
LiabilitiesLn 26$394K
PeoplePt VI, VII
26
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$215K
Government grantsLn 1e$1K
Other incomeLn 4–11$15K
Total revenueLn 12$231K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$312K
Total assetsLn 16$714K
LiabilitiesLn 26$394K
Net assetsLn 32$321K
OperationsPt I, VI
EmployeesI 511
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.9M$4.4M$450K$4.8M 990 PDF
FY2024 $3.6M$3.6M$74K$4.2M 990 PDF
FY2023 $3.9M$3.9M$66K$4.1M 990 PDF
FY2022 $1.5M$1.4M$95K$885K 990 PDF
FY2021 $284K$152K$132K$389K 990 PDF
FY2020 Viewing $231K$156K$75K$321K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (1 part)
Part VI · Governance 13 of 13 board members independent, 5 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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