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Nonprofiteer
← HAVEN PROJECT INC

Form 990 for tax year 2023

Filed by HAVEN PROJECT INC.

Totals

Total revenue
$713,158
Total expenses
$881,476
Contributions and grants received
$598,308
Grants paid
$0
Program service revenue
$110,465
Investment income
$0
Other revenue
$4,385
Total assets, end of year
$950,315
Total liabilities, end of year
$31,952
Net assets or fund balances, end of year
$918,363
Program services expenses (Part IX)
$570,008
Management and general expenses
$209,005
Fundraising expenses
$102,463
Program service expenses (Part III)
$570,008

Program services were 64.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $14,580

  • 1e · Government grants (contributions)

    $700

  • 1f · All other contributions, gifts and grants

    $583,028

  • 1g · Noncash contributions included above

    $59,860

  • 2a · Program service revenue: CAFE

    total $78,585 · related or exempt $78,585

  • 2b · Program service revenue: CONTRACT REVENUE

    total $31,880 · related or exempt $31,880

  • 8a · Fundraising events: gross income

    $16,501

  • 8a · Fundraising events: contributions included on line 1c

    $14,580

  • 8b · Fundraising events: direct expenses

    $12,116

  • 8c · Net income from fundraising events

    total $4,385 · excluded $4,385

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $97,749 · program services $68,592 · management and general $21,504 · fundraising $7,653

  • 7 · Other salaries and wages

    total $460,581 · program services $323,195 · management and general $101,325 · fundraising $36,061

  • 8 · Pension plan contributions

    total $13,754 · program services $9,651 · management and general $3,026 · fundraising $1,077

  • 10 · Payroll taxes

    total $48,019 · program services $33,695 · management and general $10,564 · fundraising $3,760

  • 11c · Fees: accounting

    total $56,783 · management and general $34,751 · fundraising $22,032

  • 11g · Fees: other

    total $36,000 · management and general $22,032 · fundraising $13,968

  • 12 · Advertising and promotion

    total $8,482 · management and general $46 · fundraising $8,436

  • 13 · Office expenses

    total $20,035 · program services $11,662 · management and general $5,789 · fundraising $2,584

  • 14 · Information technology

    total $1,390 · program services $1,390

  • 16 · Occupancy

    total $54,571 · program services $42,883 · management and general $5,844 · fundraising $5,844

  • 17 · Travel

    total $126 · management and general $126

  • 22 · Depreciation, depletion and amortization

    total $5,097 · program services $5,097

  • 23 · Insurance

    total $4,005 · program services $3,203 · management and general $401 · fundraising $401

  • 24a · Other expenses: PROGRAM SUPPLIES

    total $62,002 · program services $62,002

  • 24b · Other expenses: MEMBERSHIP DUES

    total $7,108 · program services $3,759 · management and general $3,349

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $5,153 · program services $4,258 · management and general $248 · fundraising $647

  • 24d · Other expenses: STAFF DEVELOPMENT

    total $621 · program services $621

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $754,052 · end of year $599,848

  • 3 · Pledges and grants receivable

    beginning of year $61,850 · end of year $0

  • 4 · Accounts receivable

    beginning of year $26,494 · end of year $66,351

  • 7 · Other notes and loans receivable

    beginning of year $165,085 · end of year $165,085

  • 8 · Inventories for sale or use

    beginning of year $3,249 · end of year $4,435

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,909 · end of year $10,257

  • 10a · Land, buildings and equipment: cost or other basis

    $49,325

  • 10b · Land, buildings and equipment: accumulated depreciation

    $44,995

  • 10c · Land, buildings and equipment, net

    beginning of year $7,427 · end of year $4,330

  • 14 · Intangible assets

    beginning of year $4,000 · end of year $2,000

  • 15 · Other assets

    beginning of year $97,916 · end of year $98,009

  • 17 · Accounts payable and accrued expenses

    beginning of year $39,301 · end of year $31,952

  • 27 · Net assets without donor restrictions

    beginning of year $1,025,285 · end of year $861,588

  • 28 · Net assets with donor restrictions

    beginning of year $61,396 · end of year $56,775

Mission and programs · 2023

Mission

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.

Activities or mission (Part I)

EQUIP AND EMPOWER HOMELESS OR IMMINENTLY HOMELESS YOUNG ADULTS WITH SKILLS AND SUPPORT THEY NEED TO BE SAFE AND SELF-SUPPORTING.

  • MAINTAINED AND STAFFED COFFEE SHOP OPEN TO THE PUBLIC BY PROVIDING JOBS, TRAINING, AND PUBLIC SERVICE EXPERIENCE FOR AT-RISK YOUNG ADULTS.

    Expenses $258,100 · Revenue $78,585

  • 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 FACILITIES; *MAINTAINED ONGOING PHONE/SOCIAL MEDIA/EMAIL CONTACT WITH 45 YOUTH EACH WEEK; *ENROLLED 100% OF ENGAGED CLIENTS IN MASS HEALTH AND/OR SNAP FOOD STAMP BENEFITS; *EMPLOYED 53 CLIENTS IN OUR JOB TRAINING PROGRAM WHERE THEY WERE ABLE TO BUILD IMPORTANT WORK SKILLS; *HELPED 75 YOUNG ADULTS SECURE SAFE AND RELIABLE EMPLOYMENT AND PROVIDED IN-PERSON AND/OR VIRTUAL JOB TRAINING WORKSHOPS TO 108 CLIENTS; *DEVELOPED 10 PARTNERSHIPS TO (1) ASSIST CLIENTS AS THEY TRANSITION FROM OUR PROGRAM TO OUTSIDE WORK POSITIONS AND (2) IMPROVE OUR COMMUNITY OUTREACH AND NAME RECOGNITION. THESE INCLUDE THE WASH CYCLE, TARGET, BETH ISRAEL, ROOT, NSCC, AND SALEM STATE UNIVERSITY;*SECURED HOUSING FOR 49 HOMELESS YOUTH IN APARTMENTS, DORMS AND/OR ROOM RENTALS; *ASSISTED 78 CLIENTS TO ACHIEVE AN EDUCATIONAL MILESTONE, 23 OF WHOM GRADUATED FROM AN EDUCATIONAL PROGRAM - HISET, HIGH SCHOOL, AND/OR COLLEGE; AND STRATEGICALLY SCALING OUR IMPACT WITH FOUR GROUNDBREAKING INITIATIVES: 1. CATALYST: A 23-UNIT PERMANENT, SUPPORTIVE HOUSING PROJECT WITH ON-SITE SERVICES FOR LOW MODERATE INCOME YOUNG ADULTS, WITH ONE HOUSING UNIT FOR A RESIDENT DIRECTOR, AS WELL AS PROGRAM AND OFFICE SPACE. (ANTICIPATED OPENING APRIL 2025)2. THE NEST: WE ARE WORKING CLOSELY WITH LYNN HOUSING AND DEVELOPMENT AND OUR LOCAL YOUTH ACTION BOARD TO CREATE THE NEST, A TRANSITIONAL HOUSING - RAPID REHOUSING PROJECT IN LYNN FOR 24 HOMELESS YOUNG ADULTS. RENOVATIONS ARE CURRENTLY UNDERWAY AND PROGRAMMING IS SET TO BEGIN THIS FALL. 3. EXPANDED CAREER DEVELOPMENT PROGRAM: RECOGNIZING PROGRAM PARTICIPANTS ARE OFTEN UNABLE TO SUSTAIN HOUSING WITH ENTRY-LEVEL PAY, WE DESIGNED A COMPREHENSIVE APPROACH THAT INTEGRATES COMMUNITY PARTNERSHIPS, PERSONAL GOAL SETTING, MENTAL WELL-BEING, FINANCIAL LITERACY, AND TRADITIONAL JOB SKILLS TRAINING.4. "GUARANTEED INCOME" PILOT PROGRAM: A PARTNERSHIP WITH GMA FUNDERS FOUNDATION TO IMPLEMENT A FINANCIAL PROGRAM THAT PROVIDES MONTHLY STIPENDS TO 28 YOUNG ADULTS OVER THE COURSE OF 18 MONTHS. THE HAVEN PROJECT WILL DISTRIBUTE THESE FUNDS AND TRACK PARTICIPANT PROGRESS THROUGH QUALITY OF LIFE SURVEYS.

    Expenses $202,716 · Revenue $31,880

  • JOB TRAINING AND HOUSING PROGRAM PROVIDED AT RISK HOMELESS YOUNG ADULTS WITH TEMPORARY SHELTER AND JOB TRAINING.

    Expenses $109,192

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tracey Scherrer

    EXECUTIVE DIRECTOR

    Total calculated
    $107,213
    From this org
    $104,090
    From related orgs
    $0
    Other
    $3,123
    Hours/week
    40

  • Kurt Lange

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Robert Bishop

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Cecilio Hernanadez Jr

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Michael A Satterwhite

    CLERK

    Total calculated
    $0
    Hours/week
    1

  • Theresa Conti

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lauren King

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joyce Chiang

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
25 September 2024
IRS schema version
2023v5.1
Source object
202442759349300514

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