Haven Home Inc

Nonprofit profile at a glance

EIN
710600703
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024
Location
OLA, AR, USA
Phone
4794895624
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Low-Income & Subsidized Rental Housing

Reported finances

Revenue
$54,456
Expenses
$39,649
Assets
$54,720
Liabilities
$59,162

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

Leadership & pay

6 people listed

Executive titles in this filing

  • CARLA SIMS (PRESIDENT)

People named in this filing

  • ELIZABETH DUNN (EXECUTIVE DI)
  • TOMMY PAPASAN (MEMBER)
  • CHARLES LEWIS (SECRETARY/TR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation provides housing and services to disabled individuals including specialized services to meet the individuals physical, social and psychological needs. The corporation participates in the u.s. Department of housing and urban development's section 202 program as well as the section 8 housing assistance payment program.

What it reported doing in 2024

The corporation provides housing facilities and services to qualified disabled persons to meet their physical, social and psychological needs through the operation of 7 apartment units. The program is funded by a combination of hud section 8 programs and individual rentals.

Operating model

Revenue model
Earned-program. 99% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 82
  • Sustainability: 54
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.7%; rating input score 73
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 27.2%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 1.38; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 1.08; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 203.9%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -1.3% per year; rating input score 0; 44th percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: -2.5% per year; rating input score 0; 30th percentile among comparable filings

Details

  • Where the money goes: 72.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $40K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 16 filing years from 2009 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.