Fairhaven Foundation
- Assets
- $200.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Niles, OH
- Founding
- 04/1997
- Data as of
- 12/2021
- 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 12/2021, Fairhaven Foundation generated $67.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $46.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. 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
2021
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 | |
Matt Kresic Director | 0.25 | $0 | |
Renee Bastounis Secretary | 0.25 | $0 | |
Karen L Segesto Treasurer | 0.25 | $0 | |
Bonnie Wilson Director | 0.25 | $0 | |
Christine Cope President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,734 |
| Total Program Service Revenue | $5,453 |
| Membership dues | $0 |
| Investment income | $1,266 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,453 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,857 |
| Total expenses | $46,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200,468 |
| Other assets | $0 |
| Total assets | $200,468 |
| Total liabilities | $0 |
| Net assets or fund balances | $200,468 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Fairhaven Foundation has recieved totaling $14,500.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Western Pennsylvania And Eastern Ohio Sharon, PA PURPOSE: PROGRAM SUPPORT | $9,151 |
Gpd Group Employees Foundation Inc Akron, OH PURPOSE: FAIRHAVEN BULLDOG BACKPACK PROGRAM | $3,000 |
William M And Alyce Cafaro Family Foundation Niles, OH PURPOSE: GENERAL PURPOSE | $1,000 |
Premier Bank Foundation Canfield, OH PURPOSE: CHARITABLE | $1,000 |
William M And Alyce Cafaro Family Foundation Niles, OH PURPOSE: GENERAL PURPOSE | $200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $149 |
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Tender Mercies Inc Cincinnati, OH | $10,467,436 | $4,663,972 |