Navy Safe Harbor Foundation EIN 26-2884367 Form 990 (PDF) Claim this org

Navy Safe Harbor Foundation

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Provides non-medical care and support for recovering Navy and Coast Guard sailors and their families. For fiscal year 2024 it reported $176K in revenue, $250K in expenses, and $460K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Oakton, VA
Website
www.safeharborfoundation.org
Filings
5 on file (2020–2024)
Revenue
$176KFY2024
Expenses
$250K
Net assets
$460K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-2884367 Public foundation / grantmaker Oakton, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides non-medical care and support for recovering Navy and Coast Guard sailors and their families.
Leadership
Patricia Kelley · Secretary
Money in and out
$176K revenue, $250K expenses
Bottom line
63% program efficiency
Grants paid & assets · FY2024
Total revenue
$176K
Pt VIII · Ln 12
Total expenses
$250K
Pt IX · Ln 25
Net assets
$460K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$74K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.31 Fundraising $0.06
Program efficiency
63%
of spending reaches programs▲ +17% vs prior filing year
Operating runway
23.4mo
months of highly liquid reserves at operating expense rate▼ -28% vs prior filing year
Surplus margin
-42%
revenue over expenses, this year▼ -432% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$176K
FY2024▼ -21%
Expenses
$250K
FY2024▲ +28%
Total assets
$464K
FY2024▼ -13%
Total liabilities
$4K
FY2024▲ +169%
Total revenue
$176K
Pt VIII · Ln 12
Total expenses
$250K
Pt IX · Ln 25
Net assets
$460K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$74K
Total assetsPt X · Ln 16$464K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNavy Safe Harbor Foundation
EINHdr · item D26-2884367
Principal addressHdr · item COakton, VA
WebsiteHdr · item Jwww.safeharborfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T990)
Ruling yearIRS BMFFeb 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b13
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
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Navy Safe Harbor Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $159K of program spending, described in the organization's own filed words · FY2024.
01

The foundation provides financial assistance and support to assist wounded, injured and ill sailors and coast guardsmen in their recovery, rehabilitation and transition. The financial assistant and support include:- respite care- warrior weekends- financial and legal services- travel expenses- housing modifications- vehicle…

$94Kprogram expense
02

Family Support

Financial support to assist family members of wounded, injured and ill sailors and coast guardsmen. The financial support includes travel expenses, child care, and family expenses.

$50Kprogram expense
03

Caregiver Support

The foundation provides financial support to assist the caregivers of wounded, injured and ill sailors and coastguardsmen. The financial support includes travel expenses, childcare, and family camps.

$14Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$97K · 55%
Other revenue$66K · 37%
Investment income$13K · 7%
Contributions & grants55%$97K
Other revenue37%$66K
Investment income7%$13K
Total revenueLn 12$176K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.31 Fundraising $0.06
Program services63%$159K
Management & general31%$77K
Fundraising6%$14K
Total functional expensesLn 25$250K

Balance Sheet

Part X · end of year
CashLn 1$460K
Total assetsLn 16$464K
Total liabilitiesLn 26$4K
Total net assetsLn 32$460K
Months of cash on handcomputed22.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $460K · Operating expenses (Pt IX) $250K · Less non-cash grants $14K · Cash operating expenses/yr $236K
23.4 months
Where the money goes
Program services
Program services $159K · Total expenses $250K
63%
Management & General
Management & general $77K · Total expenses $250K
31%
Fundraising
Fundraising $14K · Total expenses $250K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $12K · Solicited contributions (3-yr avg) $140K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $97K · Total revenue $176K
55%
Government reliance
Government grants — · Total revenue $176K
Earned-income share
Program service revenue $0 · Total revenue $176K
0%
Investment reliance
Investment income $13K · Total revenue $176K
+7%
Program self-sufficiency
Program service revenue $0 · Total expenses $250K
0%
Growth & trend
Revenue growth (YoY)
This year $176K · Prior year $224K
-21%
Revenue CAGR
FY2020 $125K · FY2024 $176K
+9%
Net-asset trend (YoY)
End of year $460K · Beginning of year $534K
-14%
Balance sheet
Surplus Margin
Revenue $176K · Expenses $250K
-42%
Liabilities-to-Assets
Total liabilities $4K · Total assets $464K
0.8%
Net-asset ratio
Net assets $460K · Total assets $464K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $464K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Patricia Kelley · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $250K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $250K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 31%
Fundraising cost ratio 15%
Revenue growth -21%
Accounting fee ratio 5%

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 · FY2023
Total grants receivedfrom 1 funder$290
Grants paid · 15 grants · $583K · 2020–2024
Unitemized GrantFY2024$93,316
Unitemized GrantFY2024$50,365
Unitemized GrantFY2024$14,247
Unitemized GrantFY2023$53,720
Unitemized GrantFY2023$41,063
Unitemized GrantFY2023$10,493
Unitemized GrantFY2022$96,602
Unitemized GrantFY2022$40,127
Unitemized GrantFY2022$15,695
Unitemized GrantFY2021$50,398
Unitemized GrantFY2021$41,303
Unitemized GrantFY2021$713
Unitemized GrantFY2020$47,411
Unitemized GrantFY2020$16,247
Unitemized GrantFY2020$11,107

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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 (Latest)$176K revenue · viewing · ⤓ 990 PDF
FY2023$224K revenue · ⤓ 990 PDF
FY2022$269K revenue · ⤓ 990 PDF
FY2021$233K revenue · ⤓ 990 PDF
FY2020$125K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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