HENRY COUNTY COMMUNITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

HENRY COUNTY COMMUNITY FOUNDATION INC

EIN 31-1170412 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

THE HENRY COUNTY COMMUNITY FOUNDATION, INC. is A PUBLIC TRUST WHICH SECURES FUNDS for SUSTAINABLE PHILANTHROPIC PURPOSES. ITS MISSION is to HELP WHERE THE NEEDS ARE GREATEST and BENEFITS to THE COMMUNITY and ITS CITIZENS ARE MOST SUBSTANTIAL; to PROVIDE PUBLIC SPIRITED DONORS A VEHICLE for USING THEIR GIFTS IN THE BEST POSSIBLE WAY NOW and IN THE FUTURE AS CONDITIONS INEVITABLY CHANGE; and to PROVIDE EXCELLENT STEWARDSHIP of THOSE GIFTS WHICH IT RECEIVES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $61.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

45.25%of revenue went to mission work61.9% of expenses · Program services

5.51%of revenue went to fundraising7.5% of expenses

$73.09spent for every $100 of revenueRevenue covered expenses this year.

22.32%of revenue went to management and office costs30.5% of expenses

$16.96in assets for every $1 spent this yearSome assets cannot be spent right away.

45.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $109,117 for JENNIFER FOX (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,707,531

Mission workProgram services$2,130,24245.25% of revenue61.9% of expenses

ManagementOffice and general costs$1,050,76222.32% of revenue30.5% of expenses

FundraisingAsking for donations$259,6195.51% of revenue7.5% of expenses

Revenue left after expensesReported annual surplus$1,266,90826.91% of revenueShown in gray on the chart

Total expenses$3,440,62373.09% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 61.9% mission · 30.5% management · 7.5% fundraisingTotal expenses: 73.09% of revenue

2023Expense mix: 60.5% mission · 31.9% management · 7.7% fundraisingTotal expenses: 103.28% of revenue

2022Expense mix: 58.6% mission · 33.6% management · 7.7% fundraisingTotal expenses: 104.28% of revenue

2021Expense mix: 61.2% mission · 32.0% management · 6.8% fundraisingTotal expenses: 57.67% of revenue

2020Expense mix: 59.2% mission · 33.9% management · 6.9% fundraisingTotal expenses: 180.18% of revenue

2019Expense mix: 63.4% mission · 30.1% management · 6.5% fundraisingTotal expenses: 61.00% of revenue

2018Expense mix: 57.1% mission · 30.5% management · 12.4% fundraisingTotal expenses: 51.71% of revenue

2017Expense mix: 70.9% mission · 16.3% management · 12.8% fundraisingTotal expenses: 63.44% of revenue

Money in and money out

Revenue$4,707,531

Expenses$3,440,623

Annual surplus $1,266,908 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,130,242 · 61.9% of expenses

Management and office costs$1,050,762 · 30.5% of expenses

Fundraising$259,619 · 7.5% of expenses

See all reported dollar amounts

Revenue$4,707,531

Expenses$3,440,623

Assets$58,338,750

Income$5,861,097

Contributions$2,154,658

Mission work (program services)$2,130,242

Fundraising$259,619

Grants given$7,130,755

Average grant$18,914

Management and general$1,050,762

Executive compensation (total)$85,000

Stocks and bonds$55,511,538

Accounting fees$20,400

Investing fees$242,386

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JENNIFER FOXPRESIDENT · 40 hrs/week $109,117Base $105,877 · Other $3,240

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

JENNIFER FOXPRESIDENT

CARRIE BARRETTCHAIR

CHARLEY WILLISDIRECTOR

COREY MURPHYDIRECTOR

DARIN BROWNDIRECTOR

DEBI WARETREASURER

ERIKA GILMANDIRECTOR

FORREST PLANKVICE CHAIR

JERRY CASHDIRECTOR

JON MADISONADVISOR

KEVIN BROWNDIRECTOR

KREIGH COOKDIRECTOR

MARK TAYLORDIRECTOR

NANCY LEWISSECRETARY

SUSAN FALCK-NEALDIRECTOR

TODD EVERSOLEDIRECTOR

About this charity

Recognized since: January 1986
Location: PO BOX 6006, NEW CASTLE, IN 473626006
County: Henry
In care of: JENNIFER FOX
Primary officer: JENNIFER FOX, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailkclontz@thecouriertimes.com Phone(765) 529-2235

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ESTEP BURKEY SIMMONS LLC
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes