Henry County Veterans Memorial Park
Henry County Veterans Memorial Park faces persistent operating deficits and declining assets.
EIN: 201991965 · Shorterville, AL · NTEE: A80 · Updated: 2026-03-28
Is Henry County Veterans Memorial Park Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Henry County Veterans Memorial Park directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Henry County Veterans Memorial Park
Henry County Veterans Memorial Park (EIN: 201991965) is a nonprofit organization based in Shorterville, AL, classified under NTEE code A80. The organization reported total revenue of $5K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henry County Veterans Memorial Park's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Henry County Veterans Memorial Park is a micro nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $59K |
| Surplus / Deficit | $-33,247 |
| Total Assets | $209K |
| Net Assets | $209K |
| Operating Margin | -130.8% |
| Months of Reserves | 42.7 months |
Financial Health Grade: B
In 2023, Henry County Veterans Memorial Park reported a deficit of $33K with expenses exceeding revenue, holds 42.7 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +506.8% | +9.6% | -13.7% |
| 2022 | +90.5% | +0.3% | -16.9% |
| 2021 | -59.2% | -0.7% | -14.9% |
| 2020 | +99.8% | +0.2% | -12.4% |
| 2019 | +0.0% | +1.2% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Henry County Veterans Memorial Park with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Henry County Veterans Memorial Park allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries, which is highly efficient for an organization of this size.
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.
Red Flags
The following concerns were identified during AI analysis of Henry County Veterans Memorial Park's IRS 990 filings:
- Consistent and significant operating deficits (e.g., 2023 revenue $25,425 vs. expenses $58,672).
- Steady decline in total assets over the past decade (from $643,392 in 2014 to $208,897 in 2023).
- Revenue consistently insufficient to cover annual expenses.
Strengths
The following positive indicators were identified for Henry County Veterans Memorial Park:
- 0% officer compensation, indicating high efficiency in leadership costs.
- Consistent IRS 990 filing history (14 filings), demonstrating good transparency.
- No reported liabilities, suggesting a debt-free status.
Frequently Asked Questions about Henry County Veterans Memorial Park
Is Henry County Veterans Memorial Park a legitimate charity?
Based on AI analysis of IRS 990 filings, Henry County Veterans Memorial Park (EIN: 201991965) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does Henry County Veterans Memorial Park spend its money?
Henry County Veterans Memorial Park directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Henry County Veterans Memorial Park tax-deductible?
Henry County Veterans Memorial Park is registered as a tax-exempt nonprofit (EIN: 201991965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Henry County Veterans Memorial Park a good charity?
While the organization has a clear mission and reports 0% officer compensation, its financial sustainability is a major concern due to consistent operating deficits and declining assets over the past decade. Donors should consider the long-term viability.
Why are assets declining so rapidly?
Assets are declining because the organization's expenses consistently exceed its revenue. For instance, in 2023, expenses ($58,672) were more than double the revenue ($25,425), leading to the use of existing assets to cover the shortfall.
What is the primary source of the organization's expenses?
The filings only provide total expenses, not a detailed breakdown. However, given the consistent annual expenses around $53,000-$60,000, it suggests significant ongoing operational costs for maintaining the memorial park.
How does the organization plan to address its financial deficits?
The provided data does not include strategic plans. However, to reverse the trend of declining assets, the organization would need to either significantly increase its fundraising efforts or substantially reduce its annual operating expenses.
Filing History
IRS 990 filing history for Henry County Veterans Memorial Park showing financial trends over 14 years of public records:
In its most recent filing year (2023), Henry County Veterans Memorial Park reported a deficit of $33K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $59K | $209K | $0 | — | — |
| 2022 | $4K | $54K | $242K | $0 | — | View 990 |
| 2021 | $2K | $53K | $291K | $0 | — | — |
| 2020 | $5K | $54K | $343K | $0 | — | — |
| 2019 | $3K | $54K | $391K | $0 | — | View 990 |
| 2018 | $3K | $53K | $442K | $0 | — | View 990 |
| 2017 | $5K | $54K | $492K | $0 | — | View 990 |
| 2016 | $995 | $54K | $542K | $0 | — | View 990 |
| 2015 | $12K | $60K | $595K | $0 | — | View 990 |
| 2014 | $9K | $63K | $643K | $0 | — | View 990 |
| 2013 | $10K | $68K | $698K | $0 | — | View 990 |
| 2012 | $11K | $80K | $756K | $0 | — | View 990 |
| 2011 | $7K | $72K | $826K | $0 | — | View 990 |
| 2010 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $59K, and assets of $209K (revenue +506.8% year-over-year).
- 2022: Revenue of $4K, expenses of $54K, and assets of $242K (revenue +90.5% year-over-year).
- 2021: Revenue of $2K, expenses of $53K, and assets of $291K (revenue -59.2% year-over-year).
- 2020: Revenue of $5K, expenses of $54K, and assets of $343K (revenue +99.8% year-over-year).
- 2019: Revenue of $3K, expenses of $54K, and assets of $391K (revenue +0.0% year-over-year).
- 2018: Revenue of $3K, expenses of $53K, and assets of $442K (revenue -44.0% year-over-year).
- 2017: Revenue of $5K, expenses of $54K, and assets of $492K (revenue +384.9% year-over-year).
- 2016: Revenue of $995, expenses of $54K, and assets of $542K (revenue -91.6% year-over-year).
- 2015: Revenue of $12K, expenses of $60K, and assets of $595K (revenue +39.7% year-over-year).
- 2014: Revenue of $9K, expenses of $63K, and assets of $643K (revenue -13.3% year-over-year).
- 2013: Revenue of $10K, expenses of $68K, and assets of $698K (revenue -8.0% year-over-year).
- 2012: Revenue of $11K, expenses of $80K, and assets of $756K (revenue +46.9% year-over-year).
- 2011: Revenue of $7K, expenses of $72K, and assets of $826K.
- 2010: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Henry County Veterans Memorial Park:
Data Sources and Methodology
This transparency report for Henry County Veterans Memorial Park 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.