Henry Fork Service Center
EIN: 540853997 · Rocky Mount, VA · NTEE: P20
Is Henry Fork Service Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Henry Fork Service Center
Henry Fork Service Center (EIN: 540853997) is a nonprofit organization based in Rocky Mount, VA, classified under NTEE code P20. The organization reported total revenue of $203K and total assets of $697K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henry Fork Service Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Henry Fork Service Center is a small nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $202K |
| Surplus / Deficit | $-45,995 |
| Total Assets | $693K |
| Total Liabilities | $8K |
| Net Assets | $686K |
| Operating Margin | -29.5% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 41.2 months |
Financial Health Grade: B
In 2023, Henry Fork Service Center reported a deficit of $46K with expenses exceeding revenue, holds 41.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Henry Fork Service Center's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.2% | +7.5% | -4.8% |
| 2022 | -38.7% | +27.4% | -4.7% |
| 2021 | +7.9% | -10.2% | +8.0% |
| 2020 | +4.0% | -5.5% | -5.2% |
| 2019 | -20.4% | -15.8% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Henry Fork Service Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Henry Fork Service Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Henry Fork Service Center
Is Henry Fork Service Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Henry Fork Service Center (EIN: 540853997) insufficient data. 0 red flags identified, 0 strengths noted.
How does Henry Fork Service Center spend its money?
Detailed spending breakdown data is not yet available for Henry Fork Service Center. Check back for updated IRS 990 analysis.
Are donations to Henry Fork Service Center tax-deductible?
Henry Fork Service Center is registered as a tax-exempt nonprofit (EIN: 540853997). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Henry Fork Service Center showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Henry Fork Service Center's revenue has declined by 3.6%, moving from $162K to $156K. Total assets decreased by 28.1% over the same period, from $965K to $693K. Total functional expenses fell by 9.7%, from $224K to $202K. In its most recent filing year (2023), Henry Fork Service Center reported a deficit of $46K, with expenses exceeding revenue. The organization holds $8K in liabilities against $693K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $686K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $202K | $693K | $8K | — | — |
| 2022 | $130K | $188K | $729K | $6K | — | — |
| 2021 | $212K | $147K | $764K | $4K | — | View 990 |
| 2020 | $196K | $164K | $707K | $12K | — | View 990 |
| 2019 | $189K | $174K | $746K | $959 | — | View 990 |
| 2018 | $237K | $207K | $731K | $87 | — | View 990 |
| 2017 | $181K | $164K | $773K | $36K | — | View 990 |
| 2016 | $201K | $188K | $771K | $50K | — | View 990 |
| 2015 | $200K | $170K | $757K | $78K | — | View 990 |
| 2014 | $236K | $282K | $827K | $104K | — | View 990 |
| 2013 | $244K | $256K | $863K | $122K | — | View 990 |
| 2012 | $214K | $212K | $870K | $114K | — | View 990 |
| 2011 | $166K | $202K | $886K | $131K | — | View 990 |
| 2010 | $162K | $224K | $965K | $173K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156K, expenses of $202K, and assets of $693K (revenue +20.2% year-over-year).
- 2022: Revenue of $130K, expenses of $188K, and assets of $729K (revenue -38.7% year-over-year).
- 2021: Revenue of $212K, expenses of $147K, and assets of $764K (revenue +7.9% year-over-year).
- 2020: Revenue of $196K, expenses of $164K, and assets of $707K (revenue +4.0% year-over-year).
- 2019: Revenue of $189K, expenses of $174K, and assets of $746K (revenue -20.4% year-over-year).
- 2018: Revenue of $237K, expenses of $207K, and assets of $731K (revenue +31.1% year-over-year).
- 2017: Revenue of $181K, expenses of $164K, and assets of $773K (revenue -10.0% year-over-year).
- 2016: Revenue of $201K, expenses of $188K, and assets of $771K (revenue +0.6% year-over-year).
- 2015: Revenue of $200K, expenses of $170K, and assets of $757K (revenue -15.4% year-over-year).
- 2014: Revenue of $236K, expenses of $282K, and assets of $827K (revenue -3.5% year-over-year).
- 2013: Revenue of $244K, expenses of $256K, and assets of $863K (revenue +14.2% year-over-year).
- 2012: Revenue of $214K, expenses of $212K, and assets of $870K (revenue +29.0% year-over-year).
- 2011: Revenue of $166K, expenses of $202K, and assets of $886K (revenue +2.4% year-over-year).
- 2010: Revenue of $162K, expenses of $224K, and assets of $965K.
Data Sources and Methodology
This transparency report for Henry Fork Service Center 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.