Safetynet INC

Tax-deductible

Martinsville, VA501(c)(3)Human ServicesEIN 52-1400243Revenue $241K in FY2025

On file with the IRSsafetynetmhc.orgPo Box 4482, 24115-4482 · Martinsville, VATax-exempt since Sep 1985Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Provides financial support to economically disadvantaged individuals

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $86K a year · 48% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
19 mo
of spending, in cash
Looks good: 18.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $38K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$227
0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$241K
+31% vs prior year
Spent
$105K
To programs
61%
Net assets
$2.0M
By yearFY2020–FY2025
Revenue
$241K
FY2025▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2020$121K
FY2021$192K
FY2022$159K
FY2023$177K
FY2024$183K
FY2025$241K
Expenses
$105K
FY2025▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020$95K
FY2021$69K
FY2022$77K
FY2023$95K
FY2024$114K
FY2025$105K
Net assets
$2.0M
FY2025▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.7M
FY2022$1.8M
FY2023$1.8M
FY2024$1.9M
FY2025$2.0M

From the FY2025 Form 990 (year ending August 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $63K Management & general 39% · $41K Fundraising 0% · $163

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

29 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Safetynet INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers financial aid to people facing economic hardship.

Questions for Safetynet INC

Tap to ask. Safetynet INC sees how many people are interested.

Your first name shows with your question. Safetynet INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $63K · in their own filed words · FY2024
01

This organization provides financial support to economically disadvantaged individuals who have exhausted all other means of social services benefits. This support includes rent, lodging, utilities, medical,child care, etc.

$63Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 43 grants · $297K · 2019–2024
Unitemized GrantFY2024$34,782
Unitemized GrantFY2024$10,981
Unitemized GrantFY2024$3,316
Unitemized GrantFY2024$2,209
Unitemized GrantFY2024$2,021
Unitemized GrantFY2024$745
Unitemized GrantFY2024$550
Unitemized GrantFY2024$550
Unitemized GrantFY2024$281
Unitemized GrantFY2023$44,723
Unitemized GrantFY2023$10,926
Unitemized GrantFY2023$6,337
Unitemized GrantFY2023$1,954
Unitemized GrantFY2023$1,400
Unitemized GrantFY2023$1,004
Unitemized GrantFY2023$300
Unitemized GrantFY2022$30,715
Unitemized GrantFY2022$9,150
See all 43 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$241K
Ln 12
Investment incomeLn 3$187K
Gifts and grantsLn 1h$54K
Money outPt IX
$105K
Ln 25
Programscol B$63K
Managementcol C$41K
Fundraisingcol D$163
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$163K
Total assetsLn 16$2.0M
LiabilitiesLn 26$227
PeoplePt VI, VII
29
listed · VII A
PaidVII A0
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$54K
Investment incomeLn 3$187K
Gains on assetsLn 7$6K
Total revenueLn 12$241K
Assets in detailPt X, end of year
CashLn 1$32K
SavingsLn 2$131K
Cash and savings togetherLn 1–2$163K
InvestmentsLn 11–13$1.9M
Total assetsLn 16$2.0M
LiabilitiesLn 26$227
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$145K$163K
InvestmentsLn 11–13$1.8M$1.9M
Total assetsLn 16$1.9M$2.0M
LiabilitiesLn 26$228$227
Net assetsLn 32$1.9M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2K$2K
Grants to domestic individualsLn 2$55K$55K
Other salaries and wagesLn 7$8K$6K$1K$158
Payroll taxesLn 10$297$238$54$5
Accounting feesLn 11c$17K$17K
Investment management feesLn 11f$18K$18K
Office expensesLn 13$2K$2K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$105K$63K$41K$163

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $241K$105K$136K$2.0M 990 PDF
FY2024 $183K$114K$70K$1.9M 990 PDF
FY2023 $177K$95K$82K$1.8M 990 PDF
FY2022 $159K$77K$82K$1.8M 990 PDF
FY2021 $192K$69K$122K$1.7M 990 PDF
FY2020 $121K$95K$26K$1.5M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $241,026 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $59,745$53,675
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $123,748$187,351
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $183,493$241,026
I-13 Grants and similar amounts paidPrior year $71,294$56,935
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,747$8,177
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $34,864$39,539
I-18 Total expensesPrior year $113,905$104,651
I-19 Revenue less expensesPrior year $69,588$136,375
Part VI · Governance 21 of 21 board members independent, 4 to look at
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $241,026 across 5 lines filed
VIII-1f All other contributions, gifts and grants$53,675
VIII-1h Total contributions, gifts and grants$53,675
VIII-3 Investment incomeExcluded from tax $181,232$181,232
VIII-7 Net gain or loss on sales of assetsRelated to mission $6,119$6,119
VIII-12 Total revenueRelated to mission $6,119 · Unrelated business $0 · Excluded from tax $181,232$241,026
Part IX · Statement of functional expenses $104,651 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $1,500$1,500
IX-2 Grants to domestic individualsPrograms $55,435$55,435
IX-7 Other salaries and wagesPrograms $6,304 · Management $1,418 · Fundraising $158$7,880
IX-10 Payroll taxesPrograms $238 · Management $54 · Fundraising $5$297
IX-11c Accounting feesManagement $17,350$17,350
IX-11f Investment management feesManagement $17,638$17,638
IX-13 Office expensesManagement $2,162$2,162
IX-24 Other expenses (24a–d)Management $2,389$2,389
IX-25 Total functional expensesPrograms $63,477 · Management $41,011 · Fundraising $163$104,651
Part X · Balance sheet $2,041,867 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $40,611$32,272
X-2 Savings and temporary cash investmentsStart of year $104,474$130,968
X-12 Other securitiesStart of year $1,760,408$1,878,627
X-16 Total assetsStart of year $1,905,493$2,041,867
X-17 Accounts payable and accrued expensesStart of year $228$227
X-26 Total liabilitiesStart of year $228$227
X-32 Total net assets or fund balancesStart of year $1,905,265$2,041,640
X-33 Total liabilities and net assetsStart of year $1,905,493$2,041,867
Part XI · Reconciliation of net assets $2,041,640 net assets at year end
XI-1 Total revenue$241,026
XI-2 Total expenses$104,651
XI-3 Revenue less expenses$136,375
XI-4 Net assets at start of year$1,905,265
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,041,640

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.