Havin Foundation EIN 20-0809433 Form 990 (PDF) Claim this org

Havin Foundation FY2021 filing

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Raises funds to expand educational programs for those in need. For fiscal year 2021 it reported $340K in revenue, $247K in expenses, and $564K in net assets.Pt I

Type
Supporting organization · Human Services
Location
Kittanning, PA
Website
www.havinpa.org
Filings
4 on file (2021–2021)
Revenue
$340KFY2021
Expenses
$247K
Net assets
$564K
People
9
Filings
4
Updates
0
More identity details & actions ⌄
EIN  20-0809433 Supporting organization Kittanning, PA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Raises funds to expand educational programs for those in need.
Leadership
Laurie Johns · Executive Di
Money in and out
$340K revenue, $247K expenses
Bottom line
+27% net inflow
Money in and out · FY2021
Total revenue
$340K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$564K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $93K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.15 Fundraising $0.03
Net inflow
+27%
revenue over expenses, this year
Pass-through gifts
32%
of revenue from contributions
Program spending
82%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$340K
FY2021
Expenses
$247K
FY2021
Total assets
$597K
FY2021
Total liabilities
$33K
FY2021
Total revenue
$340K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$564K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$93K
Total assetsPt X · Ln 16$597K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHavin Foundation
EINHdr · item D20-0809433
Principal addressHdr · item CKittanning, PA
WebsiteHdr · item Jwww.havinpa.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P114)
Ruling yearIRS BMFMay 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Di
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
See Havin Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $203K of program spending, described in the organization's own filed words · FY2020.
01

Supporting services

$203Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$108K · 32%
Investment income$103K · 30%
Program service revenue$80K · 24%
Other revenue$49K · 14%
Contributions & grants32%$108K
Investment income30%$103K
Program service revenue24%$80K
Other revenue14%$49K
Total revenueLn 12$340K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.15 Fundraising $0.03
Program services82%$203K
Management & general15%$36K
Fundraising3%$9K
Total functional expensesLn 25$247K

Balance Sheet

Part X · end of year
CashLn 1$30K
Total assetsLn 16$597K
Total liabilitiesLn 26$33K
Total net assetsLn 32$564K
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $267K · Operating expenses (Pt IX) $247K · Less non-cash grants $75K · Cash operating expenses/yr $172K
18.6 months
Where the money goes
Program services
Program services $203K · Total expenses $247K
82%
Management & General
Management & general $36K · Total expenses $247K
15%
Fundraising
Fundraising $9K · Total expenses $247K
3%
Cost to raise $1
Fundraising expense $9K · Solicited contributions $108K
$0.08 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $108K · Total revenue $340K
32%
Government reliance
Government grants — · Total revenue $340K
Earned-income share
Program service revenue $80K · Total revenue $340K
24%
Investment reliance
Investment income $103K · Total revenue $340K
+30%
Program self-sufficiency
Program service revenue $80K · Total expenses $247K
33%
Growth & trend
Revenue growth (YoY)
This year $340K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $564K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $340K · Expenses $247K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $597K
Net-asset ratio
Net assets $564K · Total assets $597K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $237K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $597K
40%
People & payroll
Highest Reported Total Compensation
Individual Laurie Johns · Reported title EXECUTIVE DI · Highest reported compensation $0 · Total expenses $247K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $247K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 15%
Fundraising cost ratio 8%
Accounting fee ratio 7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$448K
Grants paid · 6 grants · $255K · 2020–2024
Having INCPA · FY2023$25,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$205K revenue · ⤓ 990 PDF
FY2023$207K revenue · ⤓ 990 PDF
FY2022$228K revenue · ⤓ 990 PDF
FY2021$340K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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