Henry County Food Pantry Inc

EIN: 261999861 501(c)(3) Food, Agriculture & Nutrition

Bassett, VA

Total Revenue
$1,953,075
Total Expenses
$1,901,879
Total Assets
$87,084
Net Assets
$87,084
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
VA
Principal Officer
David Wright
Phone
2766291369
Tax Period
2024-01-01 to 2024-12-31

Henry County Food Pantry Inc, founded in 2008, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $1,189,139 Revenue: $1,038,100

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...

Read more

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.

Program 2
Expenses: $698,383 Revenue: $609,679

2024 CLOTHES CLOSET | At the Henry County Food Pantry we recognize that access to clothing and household essentials is as crucial as access to food. Thats why we proudly operate a clothes closet...

Read more

2024 CLOTHES CLOSET | At the Henry County Food Pantry we recognize that access to clothing and household essentials is as crucial as access to food. Thats why we proudly operate a clothes closet alongside our food distribution service offering additional support to individuals and families in need. Beyond food our Clothes Closet provided dignity and stability to individuals distributing 66,558 items of clothing hygiene and household essentials. For many clients these resources meant children could attend school with confidence parents could focus on employment without worrying about basic needs and seniors could stretch limited fixed incomes further. By offering both food and essential items the pantry helped stabilize families in crisis strengthened community resilience and created a foundation for healthier more hopeful futures.

Program 3
Expenses: $0 Revenue: $0

DONORS AND POTENTIAL DONORS | We want to let you know when you invest and donate to us - over 70% of the clients we served only requested assistance from the food pantry 3 times in a year or less...

Read more

DONORS AND POTENTIAL DONORS | We want to let you know when you invest and donate to us - over 70% of the clients we served only requested assistance from the food pantry 3 times in a year or less. Over 40% of those clients only requested services 1 time in the year. These statistics prove our clients receive access to the services needed and are then able to become more self-sufficient. Your continued support empowers us to nourish bodies strengthen families and uplift our entire community. Together we are making a lasting impact-one meal one family and one act of kindness at a time.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,953,075
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,953,075

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,680
Fundraising Expenses $9,457
Program Expenses $1,887,522
Other Expenses $1,858,199
TOTAL EXPENSES $1,901,879

Year-over-Year Comparison

2024 2023 Change
Revenue $1,953,075 $1,304,603 +0.5%
Expenses $1,901,879 $1,358,138 +0.4%
Net Income $51,196 $-53,535 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
137

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WRIGHT PRESIDENT 3.00
Officer Director
$0 $0 $0
SHARON MILLS VICE PRES TR 40.00
Highest
$0 $0 $0
CYNTHIA WRIGHT SECRETARY 3.00
Officer Director
$0 $0 $0
LINDA STOUT BOARD MEMBER 0.50
Director
$0 $0 $0
DEL MILLS BOARD MEMBER 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,953,075 $1,901,879 $87,084 $51,196
2023 $74,186 $127,721 $35,888 $-53,535
2023 $1,304,603 $1,358,138 $35,888 $-53,535
2022 $90,758 $108,161 $89,423 $-17,403
2021 $99,357 $126,217 $106,826 $-26,860
2020 $242,508 $116,170 $133,686 $126,338
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Henry County Food Pantry Inc with other nonprofits in Virginia and across the country.