BethHaven Incorporated

Nonprofit profile at a glance

EIN
840829849
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Colorado Springs, CO, USA
Phone
7196325920
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,393,285
Expenses
$1,165,487
Assets
$948,108
Liabilities
$91,485

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Michael D Van De Casteele (President, COO)

Highest reported compensation

  • Michael D Van De Casteele (President, COO): $95,630 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

BethHaven is designed to provide a supervised family-type residence for adults with severe and persistent mental illness. For more than 30 years BethHaven has provided top quality residential services for adults with severe and persistent mental illness in a home-like environment to the community of Colorado Springs. Our hope is to provide the minimal level of support necessary to allow our residents to succeed.

What it reported doing in 2024

Provide social development by improving residents' self-image.One of the highlights of life at BethHaven is the activities program. We believe that this is an integral part of maintaining physical health and emotional sanity for people with mental illness. The residential coordinator oversees the activities and BethHaven provides transportation and supervision of all outings. The activities program is divided into two categories: fun, social outings, and community service outings. During the past year, BethHaven residents have gone to numerous movies, sporting events, bowling alleys, shopping malls, camping and hiking trips, work in the garden, scenic drives, and coffee shops. These activities offer the opportunity to get exercise, see the beauty of Colorado, and develop social skills in the community and amongst peers. Over the past few months, BethHaven residents have also given their time to volunteering at Westside Cares, helping out with other non-profits like NAMI and Pikes Peak United Way, and giving back to the community of Colorado Springs. The activities program is an important balance of social fun and community service.

Operating model

Revenue model
Earned-program. 76% of the money available for current operations came from fees and other program revenue.
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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 55
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.8%; rating input score 74
  • Program expense ratio: 88.3%; rating input score 88
  • Fundraising efficiency: $43.26 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 16.3%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 8.2%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: 5.3% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: 4.9% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: -0.1% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 73.8% of revenue deployed · 88.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $1M in reported program spending
  • Leadership: top reported pay $96K · 10 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.