Havenly EIN 83-1094860

Havenly FY2022 filing

EIN  83-1094860 Public charity (501(c)(3)) New Haven, CT
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 9/14/26 · see original filing: IRS
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Size
$1–10M
What they do
Trains refugee women in culinary skills and education to empower them and their families.
Leadership
Caterina Passoni · Treasurer · $21K
Money in and out
$683K revenue, $676K expenses
Bottom line
75% program efficiency

Trains refugee women in culinary skills and education to empower them and their families. For fiscal year 2022 it reported $683K in revenue, $676K in expenses, and $7K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$683K
Pt VIII · Ln 12
Total expenses
$676K
Pt IX · Ln 25
Net assets
$7K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.24 Fundraising $0.01
Program efficiency
75%
of spending reaches programs
Operating runway
5.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$683K
FY2022▲ +48%
Expenses
$676K
FY2022▲ +49%
Total assets
$308K
FY2022▲ +376%
Total liabilities
$301K
FY2022
Total revenue
$683K
Pt VIII · Ln 12
Total expenses
$676K
Pt IX · Ln 25
Net assets
$7K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$308K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $510K of program spending, described in the organization's own filed words · FY2022.
01

The Havenly fellowship worked with 39 women across 3 cohorts in 2022, and 2 cohorts graduated a total of 24 women for the year, the other 15 participants graduated in early January. 21 of the 24 graduates in 2022 have found full-time employment after leaving our program.

$510Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHavenly
EINHdr · item D83-1094860
Principal addressHdr · item CNew Haven, CT
WebsiteHdr · item Jwww.havenlytreats.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J22)
Ruling yearIRS BMFApr 2020

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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$20,974Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A

Caterina Passoni’s $21K as Treasurer is at the 3rd percentile of top reported officer pay among 1237 $1–10M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Camila Guiza Chavez$34,583
Camila Guiza-Chavez$30,752
Caterina Passoni$20,974$25,856$24,584

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.

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Statement of Revenue

Part VIII
Contributions & grants$484K · 71%
Program service revenue$199K · 29%
Contributions & grants71%$484K
Program service revenue29%$199K
— government grantsLn 1e$79K
Total revenueLn 12$683K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.24 Fundraising $0.01
Program services75%$510K
Management & general24%$161K
Fundraising1%$5K
Total functional expensesLn 25$676K

Balance Sheet

Part X · end of year
CashLn 1$308K
Total assetsLn 16$308K
Total liabilitiesLn 26$301K
Total net assetsLn 32$7K
Months of cash on handcomputed5.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $308K · Operating expenses/yr $676K
5.5 months
Where the money goes
Program services
Program services $510K · Total expenses $676K
75%
Management & General
Management & general $161K · Total expenses $676K
24%
Fundraising
Fundraising $5K · Total expenses $676K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $17K · Solicited contributions (3-yr avg) $322K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $484K · Total revenue $683K
71%
Government reliance
Government grants $79K · Total revenue $683K
12%
Earned-income share
Program service revenue $199K · Total revenue $683K
29%
Investment reliance
Investment income $0 · Total revenue $683K
0%
Program self-sufficiency
Program service revenue $199K · Total expenses $676K
29%
Growth & trend
Revenue growth (YoY)
This year $683K · Prior year $460K
+48%
Net-asset trend (YoY)
End of year $7K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $683K · Expenses $676K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $308K
Net-asset ratio
Net assets $7K · Total assets $308K
2%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $308K
0%
People & payroll
Highest Reported Total Compensation
Individual Caterina Passoni · Reported title Treasurer · Highest reported compensation $21K · Total expenses $676K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $440K · Total expenses $676K
65%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 24%
Fundraising cost ratio 1%
Revenue growth 48%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2024
See all 9 funders →

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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)$1.6M revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$683K revenue · viewing · ⤓ 990 PDF
FY2021$460K revenue · ⤓ 990 PDF
FY2020$320K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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