South Haven Community Foundation

Nonprofit profile at a glance

EIN
203841038
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
South Haven, MI, USA
Phone
2698154223
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Foundations

Official website

Reported finances

Revenue
$531,580
Expenses
$340,243
Assets
$7,608,102
Liabilities
$166,601

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • ROBERT STRAITS (PRESIDENT)
  • DELORES ATKINS (VICE PRESIDENT)
  • JIM MARCOUX (EXECUTIVE DIRECTOR)

People named in this filing

  • ROBERT STRAITS (PRESIDENT)
  • DELORES ATKINS (VICE PRESIDENT)
  • ROGER BEGLIN (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To enrich the community by cultivating a spirit of giving and investing in education, arts, culture and economic development through partnerships, contributions, grants, and scholarships.

What it reported doing in 2025

Grants provided to non-profit organizations or programs based on the donors' wishes, supporting the greater south haven area in charitable, cultural, educational and economic development.

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 84
  • Accountability: 94
  • Sustainability: 84
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.2%; rating input score 61
  • Program expense ratio: 76.4%; rating input score 76
  • Fundraising efficiency: $287.08 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 76.9%; rating input score 77; 38th 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: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 36%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 22.36; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 18.7% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 13.5% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 19.7% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 61.2% of revenue deployed · 76.4% of spending went to programs
  • Governance: 18 of 18 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $260K in reported program spending
  • Leadership: top reported pay $0 · 18 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 20 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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: Form 990 shared with the board not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.