The Haven Project INC FY2023 filing

Tax-deductible

Lynn, MA501(c)(3)Since 2011EIN 45-3797693Revenue $713K in FY2023

On file with the IRS57 Munroe St, 01901-1506 · Lynn, MATax-exempt since Mar 2013Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

Founded in 2011 the Haven Project INC. The organization is a not-for-profit organization operating out of lynn ma with the mission to equip train and empower at risk homeless young adults by providing them with the basic needs online learning educational support job training and job acquisition stable living options and opportunities to build community and life skills.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$104K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $111K a year · 10% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
65%
of spending
Worth a look: 65% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$104K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $298K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$32K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$713K
-20% vs prior year
Spent
$881K
To programs
65%
Net assets
$918K
By yearFY2020–FY2025
Revenue
$713K
FY2023▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$717K
FY2021$1.1M
FY2022$891K
FY2023$713K
FY2024$1.3M
FY2025$2.0M
Expenses
$881K
FY2023▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$583K
FY2021$541K
FY2022$795K
FY2023$881K
FY2024$1.3M
FY2025$1.9M
Net assets
$918K
FY2023▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020$697K
FY2021$1.3M
FY2022$1.1M
FY2023$918K
FY2024$896K
FY2025$981K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2013.

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

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $570K Management & general 24% · $209K Fundraising 12% · $102K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

8 people listed on the 990; $104K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$104,090Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021
Tracey Scherrer$104,090$97,750$50,980

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Haven Project INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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 15aYes

Programs and updates

Provides skills and support to homeless young adults for safety and self-sufficiency.

Questions for The Haven Project INC

Tap to ask. The Haven Project INC sees how many people are interested.

Your first name shows with your question. The Haven Project INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $570K · in their own filed words · FY2023
01

Maintained and staffed coffee shop open to the public by providing jobs, training, and public service experience for at-risk young adults.

$258Kprogram expense
02

Drop-in center provided at-risk homeless young adults with basic needs, food, education and job TRAINING.*ENGAGED over 300 homeless unaccompanied through ongoing social media contact, street outreach, and community relationships; *provided grocery gift cards and year-round access to our on-site food pantry, laundry facilities and shower…

$203Kprogram expense
03

Job training and housing program provided at risk homeless young adults with temporary shelter and job training.

$109Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$713K
Ln 12
Gifts and grantsLn 1h$598K
Fees for servicesLn 2g$110K
Other incomeLn 4–11$4K
Money outPt IX
$881K
Ln 25
Programscol B$570K
Managementcol C$209K
Fundraisingcol D$102K
Owns and owesPt X
$918K
net assets · Ln 32
Cash and savingsLn 1–2$600K
Total assetsLn 16$950K
LiabilitiesLn 26$32K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$598K
Government grantsLn 1e$700
Noncash giftsLn 1g$60K
Fundraising eventsLn 1c$15K
Fees for servicesLn 2g$110K
Other incomeLn 4–11$4K
Total revenueLn 12$713K
Assets in detailPt X, end of year
CashLn 1$600K
Cash and savings togetherLn 1–2$600K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$98K
Total assetsLn 16$950K
LiabilitiesLn 26$32K
Net assetsLn 32$918K
OperationsPt I, VI
EmployeesI 511
VolunteersI 65
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$754K$600K
Land, buildings, equipmentLn 10c$7K$4K
Total assetsLn 16$1.1M$950K
LiabilitiesLn 26$39K$32K
Net assetsLn 32$1.1M$918K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$98K$69K$22K$8K
Other salaries and wagesLn 7$461K$323K$101K$36K
Pension plan contributionsLn 8$14K$10K$3K$1K
Payroll taxesLn 10$48K$34K$11K$4K
Accounting feesLn 11c$57K$35K$22K
Other fees for servicesLn 11g$36K$22K$14K
Advertising and promotionLn 12$8K$46$8K
Office expensesLn 13$20K$12K$6K$3K
Information technologyLn 14$1K$1K
OccupancyLn 16$55K$43K$6K$6K
TravelLn 17$126$126
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$4K$3K$401$401
Other expenses (24a–d)Ln 24$75K$71K$4K$647
Total functional expensesLn 25$881K$570K$209K$102K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.0M$1.9M$55K$981K 990 PDF
FY2024 $1.3M$1.3M−$22K$896K 990 PDF
FY2023 Viewing $713K$881K−$168K$918K 990 PDF
FY2022 $891K$795K$96K$1.1M 990 PDF
FY2021 $1.1M$541K$573K$1.3M 990 PDF
FY2020 $717K$583K$133K$697K 990 PDF

More to add? Claim this org

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 FY2023 990 (6 parts)
Part I · Summary $713,158 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $680,239$598,308
I-9 Program service revenuePrior year $217,148$110,465
I-10 Investment incomePrior year $24$0
I-11 Other revenuePrior year −$6,287$4,385
I-12 Total revenuePrior year $891,124$713,158
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $534,906$620,103
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $259,911$261,373
I-18 Total expensesPrior year $794,817$881,476
I-19 Revenue less expensesPrior year $96,307−$168,318
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $713,158 across 8 lines filed
VIII-1c Fundraising events$14,580
VIII-1e Government grants$700
VIII-1f All other contributions, gifts and grants$583,028
VIII-1g Noncash contributions (included above)$59,860
VIII-1h Total contributions, gifts and grants$598,308
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $110,465$110,465
VIII-8 Net income from fundraising eventsExcluded from tax $4,385$4,385
VIII-12 Total revenueRelated to mission $110,465 · Unrelated business $0 · Excluded from tax $4,385$713,158
Part IX · Statement of functional expenses $881,476 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $68,592 · Management $21,504 · Fundraising $7,653$97,749
IX-7 Other salaries and wagesPrograms $323,195 · Management $101,325 · Fundraising $36,061$460,581
IX-8 Pension plan contributionsPrograms $9,651 · Management $3,026 · Fundraising $1,077$13,754
IX-10 Payroll taxesPrograms $33,695 · Management $10,564 · Fundraising $3,760$48,019
IX-11c Accounting feesManagement $34,751 · Fundraising $22,032$56,783
IX-11g Other fees for servicesManagement $22,032 · Fundraising $13,968$36,000
IX-12 Advertising and promotionManagement $46 · Fundraising $8,436$8,482
IX-13 Office expensesPrograms $11,662 · Management $5,789 · Fundraising $2,584$20,035
IX-14 Information technologyPrograms $1,390$1,390
IX-16 OccupancyPrograms $42,883 · Management $5,844 · Fundraising $5,844$54,571
IX-17 TravelManagement $126$126
IX-22 Depreciation, depletion and amortizationPrograms $5,097$5,097
IX-23 InsurancePrograms $3,203 · Management $401 · Fundraising $401$4,005
IX-24 Other expenses (24a–d)Programs $70,640 · Management $3,597 · Fundraising $647$74,884
IX-25 Total functional expensesPrograms $570,008 · Management $209,005 · Fundraising $102,463$881,476
Part X · Balance sheet $950,315 assets, 15 lines filed
Asset lines not itemized here account for $165,085; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $754,052$599,848
X-3 Pledges and grants receivableStart of year $61,850$0
X-4 Accounts receivableStart of year $26,494$66,351
X-8 Inventories for sale or useStart of year $3,249$4,435
X-9 Prepaid expenses and deferred chargesStart of year $5,909$10,257
X-10c Land, buildings and equipment, netStart of year $7,427$4,330
X-14 Intangible assetsStart of year $4,000$2,000
X-15 Other assetsStart of year $97,916$98,009
X-16 Total assetsStart of year $1,125,982$950,315
X-17 Accounts payable and accrued expensesStart of year $39,301$31,952
X-26 Total liabilitiesStart of year $39,301$31,952
X-27 Net assets without donor restrictionsStart of year $1,025,285$861,588
X-28 Net assets with donor restrictionsStart of year $61,396$56,775
X-32 Total net assets or fund balancesStart of year $1,086,681$918,363
X-33 Total liabilities and net assetsStart of year $1,125,982$950,315
Part XI · Reconciliation of net assets $918,363 net assets at year end
XI-1 Total revenue$713,158
XI-2 Total expenses$881,476
XI-3 Revenue less expenses−$168,318
XI-4 Net assets at start of year$1,086,681
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$918,363

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.