Henry County Chamber of Commerce Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

35 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

To promote business, industry and tourism in Henry County, Georgia.

Revenue model: Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail

Operating margin: -7.6%; rating input score 20; 20th percentile among comparable filings
Total-asset coverage ratio: 0.97; rating input score 42; 42nd percentile among comparable filings
Liabilities to assets ratio: 0.13; rating input score 38; 38th percentile among comparable filings
Officer compensation ratio: 8.4%; rating input score 42; 42nd percentile among comparable filings

Program expense growth: Limited
Revenue growth: 9% per year; rating input score 100; 63rd percentile among comparable filings
Asset growth: 4.3% per year; rating input score 100; 36th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 34 of 34 board members independent · 7 of 8 filing controls reported
Programs: 2 filed program accomplishments
Leadership: top reported pay $177K · 35 people listed · 5 of 6 pay-setting controls reported
Consistency: 13 of 13 current checks pass
Schedules: 7 filed schedules · includes major donors and executive pay
Filing history: 9 filing years from 2015 to 2024
Contacts: How to reach this organization
Money network: 1 filed money-flow record
Related organizations: 1 filed related-organization link
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.

High — Sustainability: Operating margin scored 20/100.
Review — Accountability: Governance controls: Independent financial-statement audit not reported.
Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
Moderate — Sustainability: Officer compensation ratio scored 42/100.