Fair Haven Children's Home
Nonprofit profile at a glance
- EIN
- 430815080
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Strafford, MO, USA
- Phone
- 4178626675
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Group Homes
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,639,202
- Expenses
- $1,696,959
- Assets
- $2,432,017
- Liabilities
- $34,579
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JON EWING (PRESIDENT)
- BRENDEN CARROLL (VICE PRESIDENT)
Highest reported compensation
- BYRON S CRAWFORD (ADMINISTRATOR): $88,477 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To form a non-profit home for children, up to the age of twenty-one years, who have inadequate parental care, in an effort to provide a suitable place for them to live and learn in as normal a manner as possible; to conduct and emphasize religious training in accordance with the principles and beliefs of the church of christ, there being no requirement that the children, or their parents, have a church of christ background; to employ the necessary persons to act as supervisors or "house parents" for the children; to employ the necessary custodial help and to do all such otherthings as are incidental or conducive to the attainment of these objectives.
What it reported doing in 2024
Residential foster care services: fair haven provides 24 hour foster care placing agency services on a one campus setting to youths in need. We serve males and females and are licensed for ages 6 through 21 in a group home setting on one campus. Our objectives are to meet both physical and emotional needs and to assist youth toward permanency through adoption or reunification with family.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.2%; rating input score 82
- Program expense ratio: 58.2%; rating input score 58
- Fundraising efficiency: $3.18 raised per $1 spent on fundraising; rating input score 10; 10th 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.5%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 1.43; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 53; 53rd percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 82.2% of revenue deployed · 58.2% of spending went to programs
- Governance: 5 of 5 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $987K in reported program spending
- Leadership: top reported pay $88K · 6 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 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.
- High — Accountability: Governance controls: 7 of 8 not reported.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Financial Efficiency: Fundraising efficiency scored 10/100.
- High — Sustainability: Operating margin scored 27/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 53/100.