Henry County Food Pantry Inc

Nonprofit profile at a glance

EIN
261999861
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2019
Location
Bassett, VA, USA
Phone
2766291369
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Food Banks, Pantries

Reported finances

Revenue
$1,953,075
Expenses
$1,901,879
Assets
$87,084
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • DAVID WRIGHT (PRESIDENT)

People named in this filing

  • DAVID WRIGHT (PRESIDENT)
  • SHARON MILLS (VICE PRES TR)
  • CYNTHIA WRIGHT (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The Henry County Food Pantry Provides Nutritious Food and Essential Support to Families in need.

What it reported doing in 2024

2024 FOOD DISTRIBUTION | Our food distribution service is the core of our mission at the Henry County Food Pantry addressing the urgent needs of food insecure individuals and families in our community. In 2024 the Henry County Food Pantry made a powerful difference in the fight against hunger throughout Bassett and neighboring communities. Thanks to the generosity of our supporters we provided nourishing food to 33,288 individuals including 10,388 children,16,226 adults and 6,631 seniors. Helping families in crisis put healthy meals on the table. Our efforts not only eased the burden of hunger but also brought relief to households struggling to cover basic needs like rent utilities and medical expenses. Recognizing the vital role pets play in family well-being we expanded our impact by partnering with SPCA and Gleaning For The World to distribute nearly 10,000 pounds of pet food to the companion animals of families facing food insecurity. By supporting both people and their beloved pets we fostered stability comfort and hope during challenging times.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 42
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.6%; rating input score 97
  • Program expense ratio: 99.2%; rating input score 99
  • Fundraising efficiency: $206.52 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.6%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 53.2% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 48.7% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: -19% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 96.6% of revenue deployed · 99.2% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $1.9M in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 41 of 42 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

Key Signals

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

  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.