Haven of Rest Ministries Inc

What it reported doing in 2010

Project educate: through this activity, haven of rest provides children of nicaragua with school uniforms, supplies, and tuition. For 2010, haven of rest was able to provide assistance and support to more than 130 children.teams from the U.S.a: haven of rest ministries provides support, coordinate, and direction to volunteer teams from the U.S.a. That come to nicaragaua. These teams provide general education, clothing, medicine, toys, bible study, religious education, conduct crusades, and construction assistance. House construction and improvements: with this program, haven of rest ministries was able to build two houses and complete repairs on more than 14 other homes. Haven of rest ministries was assisted by teams from north america on short-term mission trips, providing financial support and construction labor.medical brigades: through this activity, haven of rest ministries takes doctors and dentists into rural areas of nicaragua to provide free medical care to those who have no facilities in their area. Las tias protection center: las tias is located in teh city of leon and provides assistance for 170 children. Haven of rest ministries provides this organization with cereal and milk for breakfast every morning along with discipleship and ministry to the children. Food bank: through this activity, several families receive food on a weekly or monthly basis. This is also used to feed those who serve as translators and volunteers to deliver food, medicine, and supplies to areas of great need. Mission house: the mission house, located in the city of leon, is used by groups and individual who volunteer to assist haven of rest ministries in all of their activities. Furthermore, this house is also used to keep, on a short-term basis, children and teenagers found to be in abusive situations, until permanent and safe housing can be found.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 85.7%; rating input score 86; 2nd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: 2 of 8 controls in place; rating input score 25
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Limited
  • Conducts field audits: Limited
  • May suspend future funding: Limited
  • Requires financial reports: Pass
  • Conducts site visits: Limited
  • Requires grant agreements: Limited
  • May require repayment: Limited
• Grant itemization coverage: 41.3%; rating input score 41; 35th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 2 of 7 controls in place; rating input score 29
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 0%; rating input score 45; 45th percentile among comparable filings
• Total-asset coverage ratio: 0.04; rating input score 3; 3rd percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 87; 87th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 75; 75th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: Limited
• Asset growth: Limited