A Safe Haven Foundation
Nonprofit profile at a glance
- EIN
- 364444200
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Chicago, IL, USA
- Phone
- 7734358300
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Alcohol, Drug Abuse, Treatment Only
Reported finances
- Revenue
- $23,394,451
- Expenses
- $22,805,428
- Assets
- $45,821,322
- Liabilities
- $36,048,858
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- MARK MULROE (PRESIDENT)
Highest reported compensation
- MARK MULROE (PRESIDENT): $500,470 total reported compensation
- EDWARD KUSH (CHIEF ENGINEER): $139,245 total reported compensation
- TINA RAYMOND (DIRECTOR OF EDUCATION): $129,407 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A safe haven is a 501(c)3 not for profit, social enterprise that helps people aspire, transform and sustain their lifes as they transition from homelessness to self-sufficiency with pride and purpose. A safe haven provides the tools for each individual to overcome the root causes of homelessness through a holistic, scalable model. A safe haven's visible social and economic impact unites families, stabilizes neighborhoods and creates vibrant, viable communities.
What it reported doing in 2024
Social enterprise: a safe haven engages with a network of for-profit and non-profit social business enterprises to help individuals transition from homelessness to self-sufficiency by enabling homeless men and women, veterans, and individuals returning to the communityre-enter the job market with critical job skills.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 69
- Accountability: 91
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.4%; rating input score 81
- Program expense ratio: 83.2%; rating input score 83
- Fundraising efficiency: $18.96 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.5%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 2.01; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.79; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 2.5%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 9.1% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 81.4% of revenue deployed · 83.2% of spending went to programs
- Governance: 13 of 13 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $19M in reported program spending
- Leadership: top reported pay $500K · 17 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $1.4M reported
- Consistency: 30 of 30 current checks pass
- Schedules: 9 filed schedules · includes major donors and executive pay
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 7 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Fundraising efficiency scored 56/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.