Forrest General Healthcarefoundation Inc
Forrest General Healthcarefoundation consistently grows assets with zero reported officer compensation.
EIN: 204960499 · Hattiesburg, MS · NTEE: E11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $712K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.0M |
| Transparency Score | 92/100 |
Is Forrest General Healthcarefoundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Forrest General Healthcarefoundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Forrest General Healthcarefoundation Inc
Forrest General Healthcarefoundation Inc (EIN: 204960499) is a nonprofit organization based in Hattiesburg, MS, classified under NTEE code E11. The organization reported total revenue of $1.7M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forrest General Healthcarefoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forrest General Healthcarefoundation Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $712K |
| Surplus / Deficit | +$474K |
| Total Assets | $4.0M |
| Net Assets | $4.0M |
| Operating Margin | 40.0% |
| Months of Reserves | 67.0 months |
Financial Health Grade: A
In 2023, Forrest General Healthcarefoundation Inc reported a surplus of $474K with revenue exceeding expenses, holds 67.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Forrest General Healthcarefoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +34.3% | +13.6% |
| 2022 | -0.7% | -5.4% | +21.0% |
| 2021 | +37.4% | -39.2% | +25.4% |
| 2020 | -38.9% | -46.1% | -3.7% |
| 2019 | -5.3% | +55.1% | -12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Forrest General Healthcarefoundation Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Forrest General Healthcarefoundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $474K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through an affiliated entity, which is a strong positive for a nonprofit of this size with assets approaching $4 million.
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 Forrest General Healthcarefoundation Inc:
- Consistent asset growth, reaching $3,972,742 in 2023.
- Zero reported officer compensation across all 13 filings, indicating high dedication to mission.
- Strong revenue generation, with $1,186,188 in the latest period (202309).
- Minimal to no liabilities reported in most filings, demonstrating sound financial management.
- Consistent positive net income in most years, contributing to financial stability.
Frequently Asked Questions about Forrest General Healthcarefoundation Inc
Is Forrest General Healthcarefoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Forrest General Healthcarefoundation Inc (EIN: 204960499) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Forrest General Healthcarefoundation Inc spend its money?
Forrest General Healthcarefoundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Forrest General Healthcarefoundation Inc tax-deductible?
Forrest General Healthcarefoundation Inc is registered as a tax-exempt nonprofit (EIN: 204960499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Forrest General Healthcarefoundation Inc CEO make?
Forrest General Healthcarefoundation Inc's highest-compensated officer earns $4 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Forrest General Healthcarefoundation Inc's spending goes to programs?
Forrest General Healthcarefoundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Forrest General Healthcarefoundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Forrest General Healthcarefoundation Inc is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Forrest General Healthcarefoundation Inc located?
Forrest General Healthcarefoundation Inc is headquartered in Hattiesburg, Mississippi and files with the IRS under EIN 204960499. It is classified under NTEE code E11.
How many years of IRS 990 filings does Forrest General Healthcarefoundation Inc have?
Forrest General Healthcarefoundation Inc has 13 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 $1.7M in total revenue.
Is Forrest General Healthcarefoundation Inc a good charity?
Based on the provided data, Forrest General Healthcarefoundation Inc appears to be a very good charity. It consistently generates surpluses, grows its assets, and reports 0% officer compensation, indicating strong financial health and a high dedication to its mission.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $2,050,909 in 2016 to $3,972,742 in 2023. Revenue has been consistently strong, and expenses have been well-managed, leading to positive net income in most years.
What is the trend in the organization's liabilities?
The organization consistently reports very low or zero liabilities across all filings, with the latest filing (202309) showing $0 in liabilities. This indicates excellent financial management and a low-risk financial profile.
Filing History
IRS 990 filing history for Forrest General Healthcarefoundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Forrest General Healthcarefoundation Inc's revenue has grown by 11.7%, moving from $1.1M to $1.2M. Total assets increased by 46.2% over the same period, from $2.7M to $4.0M. Total functional expenses fell by 34.4%, from $1.1M to $712K. In its most recent filing year (2023), Forrest General Healthcarefoundation Inc reported a surplus of $474K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $712K | $4.0M | $0 | — | View 990 |
| 2022 | $1.1M | $530K | $3.5M | $0 | — | View 990 |
| 2021 | $1.1M | $561K | $2.9M | $0 | — | View 990 |
| 2020 | $835K | $922K | $2.3M | $0 | — | View 990 |
| 2019 | $1.4M | $1.7M | $2.4M | $1K | — | View 990 |
| 2018 | $1.4M | $1.1M | $2.7M | $3K | — | View 990 |
| 2017 | $1.2M | $887K | $2.4M | $0 | — | View 990 |
| 2016 | $1.2M | $4.9M | $2.1M | $1 | — | View 990 |
| 2015 | $1.6M | $1.6M | $5.7M | $9K | — | View 990 |
| 2014 | $1.5M | $599K | $5.7M | $0 | — | View 990 |
| 2013 | $2.9M | $884K | $4.9M | $23K | — | View 990 |
| 2012 | $1.0M | $936K | $2.8M | $16K | — | View 990 |
| 2011 | $1.1M | $1.1M | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $712K, and assets of $4.0M (revenue +4.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $530K, and assets of $3.5M (revenue -0.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $561K, and assets of $2.9M (revenue +37.4% year-over-year).
- 2020: Revenue of $835K, expenses of $922K, and assets of $2.3M (revenue -38.9% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.7M, and assets of $2.4M (revenue -5.3% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.1M, and assets of $2.7M (revenue +17.0% year-over-year).
- 2017: Revenue of $1.2M, expenses of $887K, and assets of $2.4M (revenue -1.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $4.9M, and assets of $2.1M (revenue -20.1% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $5.7M (revenue +6.1% year-over-year).
- 2014: Revenue of $1.5M, expenses of $599K, and assets of $5.7M (revenue -49.6% year-over-year).
- 2013: Revenue of $2.9M, expenses of $884K, and assets of $4.9M (revenue +181.4% year-over-year).
- 2012: Revenue of $1.0M, expenses of $936K, and assets of $2.8M (revenue -2.4% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forrest General Healthcarefoundation Inc:
Data Sources and Methodology
This transparency report for Forrest General Healthcarefoundation 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.