Hav Life
- Assets
- $180.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Davenport, IA
- Founding
- 10/2015
- Data as of
- 12/2022
- EIN
- 20-2614547
Organization Overview
Hav Life is located in Davenport, IA. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Hav Life is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hav Life generated $166.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $125.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
HAV LIFE'S PURPOSE IS TO GENERATE PUBLIC SUPPORT FOR CHARITABLE ORGANIZATIONS IN THE QUAD CITY AREA, ACTING AS A CATALYST IN RAISING FUNDS FOR OTHER 501C(3) CHARITABLE ORGAINZATIONS, HAV LIFE WILL PROVIDE A HELPING HAND TO CHARITIES THAT DESPERATELY NEED OUR HELP, WITH AN EMPHASIS ON HELPING YOUTH PARTICPATION IN THE ARTS AND ATHLETIC ENDEAVORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Bender Director Emerit | 0 | $0 | |
Kimberly Guy President | 0 | $0 | |
Bob Lundin Director Emerit | 0 | $0 | |
Marshall Porter Director Emerit | 0 | $0 | |
Clemons A Werner Chairman | 0 | $0 | |
Audra Foley Secretary/direc | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,832 |
| Total Program Service Revenue | $113,842 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $166,685 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,635 |
| Occupancy, rent, utilities, and maintenance | $1,701 |
| Printing, publications, postage, and shipping | $550 |
| Other expenses | $121,820 |
| Total expenses | $125,706 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $180,857 |
| Other assets | $0 |
| Total assets | $180,857 |
| Total liabilities | $0 |
| Net assets or fund balances | $180,857 |