Lifeway Haven Inc

Nonprofit profile at a glance

EIN
822415385
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Lott, TX, USA
Phone
2547607777
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Group Homes
Affiliation
Christianity

Reported finances

Revenue
$19,854
Expenses
$23,427
Assets
$96,101
Liabilities
$1,644

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

Leadership & pay

3 people listed

Executive titles in this filing

  • STEVE GRIFFITH (President)

People named in this filing

  • STEVE GRIFFITH (President)
  • BOB ROENIG (Secretary)
  • LINDA STROM (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Love and lead at-risk women in a christ-centered environment which results in a lifestyle that promotes spiritual growth, healing, generosity, integrity and independence.

What it reported doing in 2024

Guide at-risk women to a life journey on god's path and provide a place of shelter, safety and refuge

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.5%; rating input score 89
  • Program expense ratio: 75%; rating input score 75

Transparency & Controls

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

Sustainability

  • Operating margin: -18%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 4.1; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -26.4% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -14.3% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: 16.2% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 88.5% of revenue deployed · 75% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $18K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2017 to 2024
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.