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

Fauquier Fish FY2022 filing

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Provides food and support to those in need in Fauquier County. For fiscal year 2022 it reported $606K in revenue, $691K in expenses, and $342K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Warrenton, VA
Website
www.fauquierfish.org
Filings
5 on file (2020–2022)
Revenue
$606KFY2022
Expenses
$691K
Net assets
$342K
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 FY2022 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
Charity Furness · Executive Director · $69K
Money in and out
$606K revenue, $691K expenses
Bottom line
89% program efficiency
Grants paid & assets · FY2022
Total revenue
$606K
Pt VIII · Ln 12
Total expenses
$691K
Pt IX · Ln 25
Net assets
$342K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$85K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.10 Fundraising $0.01
Program efficiency
89%
of spending reaches programs
Operating runway
7.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$606K
FY2022▲ +18%
Expenses
$691K
FY2022▲ +25%
Total assets
$359K
FY2022▼ -19%
Total liabilities
$18K
FY2022▲ +14%
Total revenue
$606K
Pt VIII · Ln 12
Total expenses
$691K
Pt IX · Ln 25
Net assets
$342K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$85K
Total assetsPt X · Ln 16$359K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

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 1a6
Independent voting membersPt VI · Ln 1b6
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
$68,833Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Member
$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 $456K of program spending, described in the organization's own filed words · FY2022.
01

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.

$221Kprogram expense
02

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.

$200Kprogram 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. In 2022 the program served 5,067 individuals across 1,491 households.

$35Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$599K · 99%
Other revenue$7K · 1%
Contributions & grants99%$599K
Other revenue1%$7K
Investment income$38
Total revenueLn 12$606K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.10 Fundraising $0.01
Program services89%$613K
Management & general10%$70K
Fundraising1%$8K
Total functional expensesLn 25$691K

Balance Sheet

Part X · end of year
CashLn 1$315K
Total assetsLn 16$359K
Total liabilitiesLn 26$18K
Total net assetsLn 32$342K
Months of cash on handcomputed5.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $325K · Operating expenses (Pt IX) $691K · Less non-cash grants $162K · Cash operating expenses/yr $529K
7.4 months
Where the money goes
Program services
Program services $613K · Total expenses $691K
89%
Management & General
Management & general $70K · Total expenses $691K
10%
Fundraising
Fundraising $8K · Total expenses $691K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $604K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $599K · Total revenue $606K
99%
Government reliance
Government grants — · Total revenue $606K
Earned-income share
Program service revenue $0 · Total revenue $606K
0%
Investment reliance
Investment income $38 · Total revenue $606K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $691K
0%
Growth & trend
Revenue growth (YoY)
This year $606K · Prior year $516K
+18%
Net-asset trend (YoY)
End of year $342K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $606K · Expenses $691K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $359K
Net-asset ratio
Net assets $342K · Total assets $359K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $10K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $359K
3%
People & payroll
Highest Reported Total Compensation
Individual Charity Furness · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $69K · Total expenses $691K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $77K · Total expenses $691K
11%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 10%
Fundraising cost ratio 1%
Revenue growth 18%

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 · viewing · ⤓ 990 PDF
FY2021$516K revenue · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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