Connecting Henry Inc
Connecting Henry Inc. consistently operates with positive net income and reports no officer compensation.
EIN: 201249256 · Mcdonough, GA · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $611K |
| Total Expenses | $720K |
| Program Spending | 85% |
| Net Assets | $293K |
| Transparency Score | 90/100 |
Is Connecting Henry Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecting Henry Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecting Henry Inc
Connecting Henry Inc (EIN: 201249256) is a nonprofit organization based in Mcdonough, GA, classified under NTEE code P20. The organization reported total revenue of $611K and total assets of $646K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecting Henry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecting Henry Inc is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $805K |
| Total Expenses | $720K |
| Surplus / Deficit | +$85K |
| Total Assets | $339K |
| Total Liabilities | $46K |
| Net Assets | $293K |
| Operating Margin | 10.6% |
| Debt-to-Asset Ratio | 13.6% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2023, Connecting Henry Inc reported a surplus of $85K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 13.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Connecting Henry Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.0% | -33.2% | +60.2% |
| 2022 | -21.9% | -14.7% | -43.4% |
| 2021 | +203.5% | +175.3% | +131.0% |
| 2020 | +11.3% | +1.1% | +60.4% |
| 2019 | -7.9% | +5.0% | -30.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connecting Henry Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Connecting Henry Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.6%.
Executive Compensation Analysis
Connecting Henry Inc. reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable for program spending efficiency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Connecting Henry Inc:
- Consistent positive net income in most recent years (e.g., $804,758 revenue vs. $719,581 expenses in 2023).
- 0% officer compensation reported across all filings, indicating high efficiency in executive pay.
- Strong program focus due to minimal administrative overhead.
- Significant growth in revenue over the long term, from $296,406 in 2014 to over $800,000 in 2023.
Frequently Asked Questions about Connecting Henry Inc
Is Connecting Henry Inc a legitimate charity?
Connecting Henry Inc (EIN: 201249256) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $611K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Connecting Henry Inc spend its money?
Connecting Henry Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Connecting Henry Inc tax-deductible?
Connecting Henry Inc is registered as a tax-exempt nonprofit (EIN: 201249256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Connecting Henry Inc's spending goes to programs?
Connecting Henry Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Connecting Henry Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Connecting Henry Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Connecting Henry Inc located?
Connecting Henry Inc is headquartered in Mcdonough, Georgia and files with the IRS under EIN 201249256. It is classified under NTEE code P20.
How many years of IRS 990 filings does Connecting Henry Inc have?
Connecting Henry Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $611K in total revenue.
Is Connecting Henry Inc. financially stable?
Yes, Connecting Henry Inc. appears financially stable. In most recent years, revenues have exceeded expenses (e.g., $804,758 revenue vs. $719,581 expenses in 2023), leading to positive net income. While assets have fluctuated, the consistent positive operating margins suggest a sustainable financial model.
How does Connecting Henry Inc. manage executive compensation?
Connecting Henry Inc. reports 0% officer compensation in all available IRS 990 filings. This indicates a strong commitment to directing funds towards programs rather than high executive salaries.
What is the trend in Connecting Henry Inc.'s revenue?
Connecting Henry Inc.'s revenue has shown significant growth and then some fluctuation. It peaked at $1,391,704 in 2021, decreased to $1,087,479 in 2022, and further to $804,758 in 2023, after a period of consistent growth from $296,406 in 2014.
Filing History
IRS 990 filing history for Connecting Henry Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Connecting Henry Inc's revenue has grown by 310.5%, moving from $196K to $805K. Total assets increased by 438.1% over the same period, from $63K to $339K. Total functional expenses rose by 288.3%, from $185K to $720K. In its most recent filing year (2023), Connecting Henry Inc reported a surplus of $85K, with revenue exceeding expenses. The organization holds $46K in liabilities against $339K in assets (debt-to-asset ratio: 13.6%), resulting in net assets of $293K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $805K | $720K | $339K | $46K | — | View 990 |
| 2022 | $1.1M | $1.1M | $212K | $4K | — | View 990 |
| 2021 | $1.4M | $1.3M | $374K | $177K | — | View 990 |
| 2020 | $458K | $458K | $162K | $62K | — | View 990 |
| 2019 | $412K | $454K | $101K | $2K | — | View 990 |
| 2018 | $447K | $432K | $144K | $3K | — | View 990 |
| 2017 | $420K | $397K | $153K | $27K | — | View 990 |
| 2016 | $424K | $395K | $149K | $45K | — | View 990 |
| 2015 | $323K | $292K | $108K | $33K | — | View 990 |
| 2014 | $296K | $293K | $77K | $33K | — | View 990 |
| 2013 | $240K | $262K | $58K | $17K | — | View 990 |
| 2012 | $196K | $185K | $63K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $805K, expenses of $720K, and assets of $339K (revenue -26.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $212K (revenue -21.9% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $374K (revenue +203.5% year-over-year).
- 2020: Revenue of $458K, expenses of $458K, and assets of $162K (revenue +11.3% year-over-year).
- 2019: Revenue of $412K, expenses of $454K, and assets of $101K (revenue -7.9% year-over-year).
- 2018: Revenue of $447K, expenses of $432K, and assets of $144K (revenue +6.6% year-over-year).
- 2017: Revenue of $420K, expenses of $397K, and assets of $153K (revenue -1.0% year-over-year).
- 2016: Revenue of $424K, expenses of $395K, and assets of $149K (revenue +31.2% year-over-year).
- 2015: Revenue of $323K, expenses of $292K, and assets of $108K (revenue +9.0% year-over-year).
- 2014: Revenue of $296K, expenses of $293K, and assets of $77K (revenue +23.6% year-over-year).
- 2013: Revenue of $240K, expenses of $262K, and assets of $58K (revenue +22.3% year-over-year).
- 2012: Revenue of $196K, expenses of $185K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecting Henry Inc:
Data Sources and Methodology
This transparency report for Connecting Henry Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.