Haitian American Friendship Foundation Inc
Nonprofit profile at a glance
- EIN
- 953248186
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Lafayette, IN, USA
- Phone
- 5743787142
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $792,015
- Expenses
- $644,632
- Assets
- $724,420
- Liabilities
- $7,175
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- David Selvey (CEO)
- Richard Brown (Vice President)
- Jon DeRuischer (President)
Highest reported compensation
- David Selvey (CEO): $69,697 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Haitian American Friendship Foundation HAFF is a network of Haitians and Americans impacting churches and communities together for Christ. We do this by equipping Haitians and Americans through Christ-centered education and compassion ministries.
What it reported doing in 2024
Formal/academic education provided secondary education to more than 320 students grades 7 thru 13 French system used in Haiti and assisted students in post-secondary education.
Operating model
- Revenue model
- Donor-supported. 96% 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.
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 92
- Accountability: 79
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.4%; rating input score 70
- Program expense ratio: 85%; rating input score 85
- Fundraising efficiency: Limited
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: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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: 18.6%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 1.12; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 10.8%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 4.9% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 9.7% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 70.4% of revenue deployed · 85% of spending went to programs
- Governance: 7 of 7 board members independent · 4 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $548K in reported program spending
- Leadership: top reported pay $70K · 8 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 8 filing years from 2015 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: 4 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.