Safe Haven of Racine Inc
Nonprofit profile at a glance
- EIN
- 391155004
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Racine, WI, USA
- Phone
- 2626379557
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $2,403,361
- Expenses
- $2,400,202
- Assets
- $342,898
- Liabilities
- $599,596
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JEANETTE BROWN (CEO)
- ROBIN SMERCHEK (PRESIDENT)
- CLARICE ZELLMER (VICE PRESIDENT)
Highest reported compensation
- JEANETTE BROWN (CEO): $77,754 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide area youth counseling and referral services, educational resources, legal and medical resource assistance, and recreational and cultural activities focusing on human and personal development.
What it reported doing in 2024
The safe passage is a 12-month rapid re-housing (rrh) program that serves homeless (on the street, in a homeless shelter, or fleeing domestic violence) that are young adults (ages 18 through 24) who are currently experiencing homelessness. Qualifying young adults will receive rental assistance and supportive services. Persons must register at a homeless shelter for proof of homelessness.safe passage gets young adults off streets and into their own apartment. Once housed, a case manager provides resources and guide young adults through a hands-on life skills program. The goal is to offer short term financial assistance while these young adults obtain the skills and resources to live independently once they complete the program.program participants are offered case management services and assistance to build job skills, and to obtain a ged, diploma or other education and training. Through case management, participants will be introduced to other supportive community services and will be assisted in developing individualized goals that address their own needs. Case managers will work with participants to monitor progress and develop additional plans and goals. Once participants obtain employment they can rent an apartment and rent will be based on income. Participants have the option of staying in the apartment if they desire for up to 2 years.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.1%; rating input score 96
- Program expense ratio: 96.3%; rating input score 96
- 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: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: Pass
Sustainability
- Operating margin: 0.1%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 1.75; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 3.2%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 17.9% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 13.5% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 0.5% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: 96.1% of revenue deployed · 96.3% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2.3M in reported program spending
- Leadership: top reported pay $78K · 9 people listed
- Consistency: 36 of 36 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.