Pine Haven Foundation INC FY2022 filing

Tax-deductible

Pine Island, MN501(c)(3)EIN 41-1580669

To provide support to pine haven, INC. (pine haven community).

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $40K a year · 57% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$142K
69% of total assets
Worth a look: liabilities are 69% of assets; over 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$52K
-37% vs prior year
Spent
$88K
To programs
100%
Net assets
$65K
By yearFY2020–FY2024
Revenue
$52K
FY2022▼ -37%
Revenue by fiscal year
FY2020$66K
FY2021$83K
FY2022$52K
FY2023$21K
FY2024$81K
Expenses
$88K
FY2022▼ -67%
Expenses by fiscal year
FY2020$53K
FY2021$268K
FY2022$88K
FY2023Not on file
FY2024$33K
Net assets
$65K
FY2022▼ -36%
Net assets by fiscal year
FY2020$286K
FY2021$101K
FY2022$65K
FY2023$58K
FY2024$106K

From the FY2022 Form 990 (year ending September 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $88K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Pine Haven Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports Pine Haven Community with resources and assistance.

Provided by the organization

This section is blank until Pine Haven Foundation INC claims this page.

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1 program service account for $88K of program spending, described in the organization's own filed words · FY2021.
01

Pine Haven Foundation exists to advance the mission and vision of Pine Haven Community. In the past, the foundation has funded significant building improvements and additions. The foundation is currently planning for future expansions.The organization has begun a fund raising campaign to raise funds to enhance the care center's new space…

$88Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $34K · 2019–2020

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$52K
Ln 12
Gifts and grantsLn 1h$32K
Other incomeLn 4–11$19K
Investment incomeLn 3$563
Money outPt IX
$88K
Ln 25
Programscol B$88K
Owns and owesPt X
$65K
net assets · Ln 32
Cash and savingsLn 1–2$30K
Total assetsLn 16$207K
LiabilitiesLn 26$142K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$32K
Investment incomeLn 3$563
Other incomeLn 4–11$19K
Gains on assetsLn 7$0
Total revenueLn 12$52K
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$24K
Cash and savings togetherLn 1–2$30K
InvestmentsLn 11–13$2K
Land, buildings, equipmentLn 10c$175K
Other assetsLn 15$0
Total assetsLn 16$207K
LiabilitiesLn 26$142K
Net assetsLn 32$65K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6100
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$39K$30K
InvestmentsLn 11–13$26K$2K
Land, buildings, equipmentLn 10c$181K$175K
Total assetsLn 16$245K$207K
LiabilitiesLn 26$144K$142K
Net assetsLn 32$101K$65K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$88K$88K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$88K$88K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $81K$33K$48K$106K 990 PDF
FY2023 $21K$58K 990 PDF
FY2022 Viewing $52K$88K−$36K$65K 990 PDF
FY2021 $83K$268K−$185K$101K 990 PDF
FY2020 $66K$53K$13K$286K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $52,239 across 8 lines filed
VIII-1f All other contributions, gifts and grants$32,287
VIII-1h Total contributions, gifts and grants$32,287
VIII-3 Investment incomeExcluded from tax $563$563
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $7,956$7,956
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax $11,433$11,433
VIII-12 Total revenueExcluded from tax $19,952$52,239
Part IX · Statement of functional expenses $88,158 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $88,158$88,158
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $88,158 · Management $0 · Fundraising $0$88,158
Part X · Balance sheet $207,132 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $38,993$5,838
X-2 Savings and temporary cash investments$23,796
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $180,748$175,059
X-11 Publicly traded securitiesStart of year $1,883$2,439
X-12 Other securitiesStart of year $23,796$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $245,420$207,132
X-24 Unsecured notes and loans payableStart of year $144,304$141,935
X-26 Total liabilitiesStart of year $144,304$141,935
X-27 Net assets without donor restrictionsStart of year $77,320$41,401
X-28 Net assets with donor restrictionsStart of year $23,796$23,796
X-32 Total net assets or fund balancesStart of year $101,116$65,197
X-33 Total liabilities and net assetsStart of year $245,420$207,132
Part XI · Reconciliation of net assets $65,197 net assets at year end
XI-1 Total revenue$52,239
XI-2 Total expenses$88,158
XI-3 Revenue less expenses−$35,919
XI-4 Net assets at start of year$101,116
XI-10 Net assets at end of year$65,197

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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