HENRY COUNTY INDUSTRIES INC (EIN 431834682) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

Carley Ross

Phone

6608857762

Tax Period

2023-01-01 to 2023-12-31

HENRY COUNTY INDUSTRIES INC, founded in 2000, is a small nonprofit in the Employment sector that reported $180K in total revenue in fiscal year 2023. Net assets of $549K represent 37 months of operating reserves.

Mission

Henry County Industries is a sheltered workshop that provides employment and job skills training to handicapped people through contracts with local industry to construct packing boxes. To collect and sell recycled materials, provide document shredding services and recycle the shredded material .

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $179,948

Investment Income $9

Other Revenue $27

TOTAL REVENUE $179,984

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,476

Fundraising Expenses $0

Program Expenses $148,717

Other Expenses $90,121

TOTAL EXPENSES $191,597

Year-over-Year Comparison

	2023	2022	Change
Revenue	$179,984	$184,187	0.0%
Expenses	$191,597	$191,425	+0.0%
Net Income	$-11,613	$-7,238	+0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

$32,999

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLEY ROSS	Manager/ Director	40	Director	$32,999	$0	$32,999

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	No data	No data	No data	No data
2023	$179,984	$191,597	$548,797	$-11,613
2022	$184,187	$191,425	$564,688	$-7,238
2021	$197,490	$147,937	$575,278	$49,553
2020	$142,891	$163,211	$552,755	$-20,320
2019	$166,056	$195,920	$561,887	$-29,864
2018	$225,397	$230,692	$572,787	$-5,295

HENRY COUNTY INDUSTRIES INC