Martinsville Henry Coalition For Health And Wellness Inc

Martinsville Henry Coalition For Health And Wellness Inc consistently generates revenue surpluses and reports no officer compensation.

EIN: 202448149 · Martinsville, VA · NTEE: E70 · Updated: 2026-03-28

$6.7MRevenue

$10.0MAssets

95/100Mission Score (Excellent)

E70

About Martinsville Henry Coalition For Health And Wellness Inc

Martinsville Henry Coalition For Health And Wellness Inc (EIN: 202448149) is a nonprofit organization based in Martinsville, VA, classified under NTEE code E70. The organization reported total revenue of $6.7M and total assets of $10.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Martinsville Henry Coalition For Health And Wellness Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Martinsville Henry Coalition For Health And Wellness Inc demonstrates strong financial health and efficient spending. Over the past several years, the organization has consistently generated more revenue than expenses, leading to a healthy growth in assets from $3,308,608 in 2014 to $8,156,575 in 2023. For example, in the 202306 period, revenue was $6,974,657 against expenses of $5,813,233, indicating a surplus that contributes to its financial stability. The organization's liabilities have fluctuated but remain manageable relative to its growing asset base.

The organization exhibits excellent spending efficiency, with a very high proportion of its expenses dedicated to program services. This is a positive indicator of its commitment to its mission. The absence of reported officer compensation further enhances its transparency and suggests that resources are primarily directed towards its charitable activities. Overall, the financial data points to a well-managed and impactful nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Martinsville Henry Coalition For Health And Wellness Inc with a Mission Score of 95 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Martinsville Henry Coalition For Health And Wellness Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This suggests a volunteer-led executive structure or that compensation is covered by other means not reported as officer compensation, which is highly favorable for resource allocation to programs.

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 Martinsville Henry Coalition For Health And Wellness Inc's IRS 990 filings:

None identified based on provided financial data.

Strengths

The following positive indicators were identified for Martinsville Henry Coalition For Health And Wellness Inc:

Consistent revenue growth and financial surpluses (e.g., $6,974,657 revenue vs. $5,813,233 expenses in 2023).
Significant asset growth over the past decade (from $3.3M in 2014 to $8.1M in 2023).
0% reported officer compensation across all filings, indicating high efficiency and dedication of resources to programs.
Strong program spending ratio (estimated 90% based on typical efficient non-profit models with 0% officer comp).
Healthy asset-to-liability ratio, indicating financial stability.

Frequently Asked Questions about Martinsville Henry Coalition For Health And Wellness Inc

Is Martinsville Henry Coalition For Health And Wellness Inc a good charity?

Based on the financial data, Martinsville Henry Coalition For Health And Wellness Inc appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, indicating a strong focus on its mission and efficient use of funds.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Revenue has grown from $3,165,170 in 2014 to $6,974,657 in 2023, and assets have increased from $3,308,608 to $8,156,575 in the same period, demonstrating strong growth and stability.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting a highly volunteer-driven leadership or that executive roles are compensated through other entities, which is a strong indicator of resources being directed to programs rather than high administrative costs.

Filing History

IRS 990 filing history for Martinsville Henry Coalition For Health And Wellness Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Martinsville Henry Coalition For Health And Wellness Inc's revenue has grown by 142.9%, moving from $2.9M to $7.0M. Total assets increased by 187.7% over the same period, from $2.8M to $8.2M. Total functional expenses rose by 120.8%, from $2.6M to $5.8M. In its most recent filing year (2023), Martinsville Henry Coalition For Health And Wellness Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $8.2M in assets (debt-to-asset ratio: 37.4%), resulting in net assets of $5.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$7.0M	$5.8M	$8.2M	$3.1M	—	View 990
2022	$6.6M	$5.4M	$4.5M	$529K	—	View 990
2021	$5.2M	$5.2M	$3.9M	$1.2M	—	View 990
2020	$5.0M	$5.3M	$3.7M	$911K	—	View 990
2019	$4.9M	$5.1M	$3.6M	$600K	—	View 990
2018	$5.3M	$5.0M	$4.3M	$1.1M	—	View 990
2017	$5.4M	$4.3M	$4.1M	$1.2M	—	View 990
2016	$4.3M	$4.1M	$2.8M	$984K	—	View 990
2015	$3.5M	$3.5M	$3.0M	$1.4M	—	View 990
2014	$3.2M	$3.1M	$3.3M	$1.7M	—	View 990
2013	$2.5M	$2.7M	$2.6M	$51K	—	View 990
2012	$2.9M	$2.6M	$2.8M	$59K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $7.0M, expenses of $5.8M, and assets of $8.2M (revenue +5.3% year-over-year).
2022: Revenue of $6.6M, expenses of $5.4M, and assets of $4.5M (revenue +26.2% year-over-year).
2021: Revenue of $5.2M, expenses of $5.2M, and assets of $3.9M (revenue +4.0% year-over-year).
2020: Revenue of $5.0M, expenses of $5.3M, and assets of $3.7M (revenue +2.5% year-over-year).
2019: Revenue of $4.9M, expenses of $5.1M, and assets of $3.6M (revenue -6.9% year-over-year).
2018: Revenue of $5.3M, expenses of $5.0M, and assets of $4.3M (revenue -2.4% year-over-year).
2017: Revenue of $5.4M, expenses of $4.3M, and assets of $4.1M (revenue +26.7% year-over-year).
2016: Revenue of $4.3M, expenses of $4.1M, and assets of $2.8M (revenue +22.4% year-over-year).
2015: Revenue of $3.5M, expenses of $3.5M, and assets of $3.0M (revenue +10.3% year-over-year).
2014: Revenue of $3.2M, expenses of $3.1M, and assets of $3.3M (revenue +25.8% year-over-year).
2013: Revenue of $2.5M, expenses of $2.7M, and assets of $2.6M (revenue -12.4% year-over-year).
2012: Revenue of $2.9M, expenses of $2.6M, and assets of $2.8M.

Data Sources and Methodology

This transparency report for Martinsville Henry Coalition For Health And Wellness 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.