Fairhaven Foundation
- Assets
- $258.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Niles, OH
- Founding
- 04/1997
- Data as of
- 12/2023
- EIN
- 34-1839289
Organization Overview
Fairhaven Foundation is located in Niles, OH. The organization was established in 1997. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairhaven Foundation 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 12/2023, Fairhaven Foundation generated $170.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $141.5k during the year ending 12/2023. While expenses have increased by 6.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE ASSISTANCE IN MR/DD CONSUMER ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julianna Begalla Director | 0.25 | $0 | |
Renee Bastounis President | 0.25 | $0 | |
Matt Kresic Secretary | 0.25 | $0 | |
Derek Steyer Vice President | 0.25 | $0 | |
Bonnie Wilson Director | 0.25 | $0 | |
Vc Perni Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,848 |
| Total Program Service Revenue | $47,423 |
| Membership dues | $0 |
| Investment income | $1,216 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,487 |
| 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 | $1,049 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,423 |
| Total expenses | $141,494 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,386 |
| Other assets | $0 |
| Total assets | $258,386 |
| Total liabilities | $4,030 |
| Net assets or fund balances | $254,356 |