Fauquier Fish EIN 54-1271237 Form 990 (PDF) Claim this org

Fauquier Fish FY2021 filing

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Provides food and support to those in need in Fauquier County. For fiscal year 2021 it reported $516K in revenue, $555K in expenses, and $429K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Warrenton, VA
Website
www.fauquierfish.org
Filings
5 on file (2020–2021)
Revenue
$516KFY2021
Expenses
$555K
Net assets
$429K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  54-1271237 Public foundation / grantmaker Warrenton, VA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides food and support to those in need in Fauquier County.
Leadership
Kathryn Lamonia · Executive Director, Until 9/2/21 · $38K
Money in and out
$516K revenue, $555K expenses
Bottom line
87% program efficiency
Grants paid & assets · FY2021
Total revenue
$516K
Pt VIII · Ln 12
Total expenses
$555K
Pt IX · Ln 25
Net assets
$429K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$39K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.12 Fundraising $0.01
Program efficiency
87%
of spending reaches programs
Operating runway
11.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$516K
FY2021▼ -27%
Expenses
$555K
FY2021▲ +14%
Total assets
$445K
FY2021▼ -6%
Total liabilities
$15K
FY2021▲ +140%
Total revenue
$516K
Pt VIII · Ln 12
Total expenses
$555K
Pt IX · Ln 25
Net assets
$429K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$39K
Total assetsPt X · Ln 16$445K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFauquier Fish
EINHdr · item D54-1271237
Principal addressHdr · item CWarrenton, VA
WebsiteHdr · item Jwww.fauquierfish.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T50)
Ruling yearIRS BMFNov 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director, Until 9/2/21
$37,700Pt VII · Sec A
Executive Director, from 10/16/21
$7,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Chair/President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Charity Furness’s $73K as Executive Director is at the 68th percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Charity Furness$72,708$70,000$68,833$7,000
Kathryn Lamonia$37,700$11,700

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $348K of program spending, described in the organization's own filed words · FY2021.
01

Weekend Power Pack Program

This program helps children of food-insecure households and is in cooperation with the schools, children at risk of hunger are identified and provided with weekly "power packs" (backpacks) filled with food. Distributed on fridays, each backpack contains enough food to provide for the child and their family during the weekend.

$174Kprogram expense
02

Food Pantry Dash Meal Kits Program

The most economically poor are also the most nutritionally poor. Traditional food banks distribute foods without regard to nutritional standards, our mission is to do better. Our volunteer staff purchases and distributes wholesome foods that include our signature dash complete meal kits.

$138Kprogram expense
03

Locally Sourced Food Programs

Introduces food pantry users to the benefit of eating locally raised and home grown foods, clients are given tokens to redeem at the old town warrenton and two local farmers markets. 2021 the program served 1,487 individuals across 214 households.

$37Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$510K · 99%
Other revenue$6K · 1%
Contributions & grants99%$510K
Other revenue1%$6K
Investment income$42
Total revenueLn 12$516K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.12 Fundraising $0.01
Program services87%$481K
Management & general12%$69K
Fundraising1%$5K
Total functional expensesLn 25$555K

Balance Sheet

Part X · end of year
CashLn 1$413K
Total assetsLn 16$445K
Total liabilitiesLn 26$15K
Total net assetsLn 32$429K
Months of cash on handcomputed8.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $413K · Operating expenses (Pt IX) $555K · Less non-cash grants $116K · Cash operating expenses/yr $439K
11.3 months
Where the money goes
Program services
Program services $481K · Total expenses $555K
87%
Management & General
Management & general $69K · Total expenses $555K
12%
Fundraising
Fundraising $5K · Total expenses $555K
0.9%
Cost to raise $1
Fundraising expense (2-yr avg) $4K · Solicited contributions (2-yr avg) $606K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $510K · Total revenue $516K
99%
Government reliance
Government grants — · Total revenue $516K
Earned-income share
Program service revenue $0 · Total revenue $516K
0%
Investment reliance
Investment income $42 · Total revenue $516K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $555K
0%
Growth & trend
Revenue growth (YoY)
This year $516K · Prior year $709K
-27%
Net-asset trend (YoY)
End of year $429K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $516K · Expenses $555K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $445K
Net-asset ratio
Net assets $429K · Total assets $445K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $445K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kathryn Lamonia · Reported title EXECUTIVE DIRECTOR, UNTIL 9/2/21 · Highest reported compensation $38K · Total expenses $555K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $49K · Total expenses $555K
9%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 12%
Fundraising cost ratio 1.0%
Revenue growth -27%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$880K revenue · ⤓ 990 PDF
FY2023$740K revenue · ⤓ 990 PDF
FY2022$606K revenue · ⤓ 990 PDF
FY2021$516K revenue · viewing · ⤓ 990 PDF
FY2020$709K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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