Friends of Haven Foundation Inc

Nonprofit profile at a glance

EIN: 300278642
IRS 990-EZ coverage: 2010–2022
Forms available: Form 990-EZ 2022, Form 990-N 2008
Location: Gabriola, BC, CA
Phone: 2502479211
Rating: 43
Verdict: MIXED
Rating confidence: Moderate
Sector: Public Foundations

Reported finances

Revenue: $4,315
Expenses: $4,768
Assets: $0
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

Bryan Croeni (Director)
Andrew Bing (Chair)
Robert Owen (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To engage the United States and its citizens in the work of Haven Foundation, a registered Canadian charity, by raising funds, for specific projects, activities, training, equipment, and infrastructure and by securing donations towards the endowment of the Haven Foundation to enable it to continue to work in perpetuity.

What it reported doing in 2022

Donations received were transferred to Haven Foundation

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 0
Transparency & Controls: 100
Sustainability: 22
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 0%; rating input score 0
Program expense ratio: 0%; rating input score 0

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Yes; rating input score 100

Sustainability

Operating margin: -10.5%; rating input score 32; 32nd percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 11.6% per year; rating input score 100; 75th percentile among comparable filings
Revenue growth: -13.7% per year; rating input score 0; 22nd percentile among comparable filings
Asset growth: -16.4% per year; rating input score 0; 11th percentile among comparable filings

Details

Where the money goes: 0% of revenue deployed · 0% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment
Leadership: top reported pay $0 · 3 people listed
Consistency: 8 of 9 current checks pass · 1 finding to review
Schedules: 4 filed schedules
Filing history: 13 filing years from 2010 to 2022
Contacts: How to reach this organization
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 — Financial Efficiency: Mission deployment rate scored 0/100.
High — Financial Efficiency: Program expense ratio scored 0/100.
Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
High — Growth: Revenue growth scored 0/100.
Moderate — Sustainability: Operating margin scored 32/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.