Martinsville-henry County Chambers Partnership For Economic Growth
Only null% goes to programs Strong reserves
Martinsville-henry County Chambers Partnership For Economic Growth is a 501(c)(3) organization based in Martinsville, Virginia, registered in 1993, with $323,956 in FY2023 revenue. CharityIndex grades it B.
Po Box 709, Martinsville, VA, 24114 EIN 54-1627126 Since 1993
Revenue (FY2023)
$324K
▼ 24.8% vs prior year
Community median: $184K
Expenses (FY2023)
$345K
Net assets
$959K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Martinsville-henry County Chambers Partnership For Economic Growth— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating33 mo reserves · -7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Martinsville-henry County Chambers Partnership For Economic Growth: 33 mo reserves · -7% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Martinsville-henry County Chambers Partnership For Economic Growth— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Martinsville-henry County Chambers Partnership For Economic Growth: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 709, Martinsville, VA, 24114
- City
- Martinsville
- State
- Virginia
- Subcategory
- Community & Neighborhood Development
- Website
- …
Financial trends
Revenue held steady from $319K (FY2015) to $324K (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $89KNet assets $959K
Operating margin
-6.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$89K
Net assets
$959K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $323,956▼24.8% | $345,233▼16.7% | $958,717▲1.3% | $1,048,023▲3.1% | 990 |
| 2022 | $431,051▲18.9% | $414,296▲38.3% | $946,502▲1.0% | $1,016,645▲0.3% | 990 |
| 2021 | $362,590▲0.8% | $299,667▲11.7% | $937,385▼0.2% | $1,013,477▼0.8% | 990 |
| 2020 | $359,553▼0.2% | $268,356▼4.6% | $939,361▲24.4% | $1,021,840▲29.1% | 990 |
| 2019 | $360,445▲0.6% | $281,375▼11.7% | $754,919▲7.1% | $791,210▲9.4% | 990 |
| 2018 | $358,204▼3.2% | $318,722▲10.4% | $704,836▲5.8% | $723,357▲7.0% | 990 |
| 2017 | $370,134▼17.8% | $288,817▼0.1% | $666,349▲14.1% | $675,817▲11.5% | 990 |
| 2016 | $450,138▲41.1% | $289,070▲6.8% | $583,984▲43.8% | $606,040▲27.7% | 990 |
| 2015 | $318,931 | $270,565 | $406,091 | $474,666 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Similar organizations in Community
Community
Powhatan Chamber of Commerce
Powhatan, VA
$326K
Bannual revenue
Community
Southside Virginia Assoc of Realtors Inc
Colonial Hgts, VA
$327K
Bannual revenue
Community
Ruritan Club of Clarke County
Berryville, VA
$328K
Bannual revenue
Community
Virginia Chapter of Apco
Virginia Beach, VA
$329K
Bannual revenue
Community
Greater Augusta Regional Chamber of Commerce
Fishersville, VA
$329K
Bannual revenue
Community
Virginia Association of Regional Jails
Stafford, VA
$332K
Bannual revenue
Community
Replenish Foundation
Sterling, VA
$333K
Cannual revenue
Community
National Powersports Dealer Association
Falls Church, VA
$315K
Bannual revenue
- Community
Virginia Golf Course
Manakin Sabot, VA
$314K
Bannual revenue
- Community
Lendingkind
Lynchburg, VA
$314K
Cannual revenue
Compare Martinsville-henry County Chambers Partnership For Economic Growth
Frequently asked questions
- Is Martinsville-henry County Chambers Partnership For Economic Growth a legitimate nonprofit?
- Yes. Martinsville-henry County Chambers Partnership For Economic Growth is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1627126, based in Martinsville, Virginia. Donations are tax-deductible.
- What is Martinsville-henry County Chambers Partnership For Economic Growth's EIN?
- Martinsville-henry County Chambers Partnership For Economic Growth's Employer Identification Number (EIN) is 54-1627126.
- How much revenue does Martinsville-henry County Chambers Partnership For Economic Growth report?
- Martinsville-henry County Chambers Partnership For Economic Growth reported $323,956 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Martinsville-henry County Chambers Partnership For Economic Growth have?
- CharityIndex grades Martinsville-henry County Chambers Partnership For Economic Growth B, based on financial health (reserves and operating margin).
More nonprofits in Martinsville
Explore more
Data for Martinsville-henry County Chambers Partnership For Economic Growth (EIN 54-1627126) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.