Haven Project Inc
- Assets
- $1.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Lynn, MA
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 45-3797693
Organization Overview
Haven Project Inc is located in Lynn, MA. The organization was established in 2013. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Haven Project Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Haven Project Inc 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, Haven Project Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $541.1k during the year ending 12/2021. While expenses have increased by 18.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EQUIP AND EMPOWER HOMELESS OR IMMINENTLY HOMELESS YOUNG ADULTS WITH SKILLS AND SUPPORT THEY NEED TO BE SAFE AND SELF-SUPPORTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINED AND STAFFED COFFEE SHOP OPEN TO THE PUBLIC BY PROVISING JOBS, TRAINING, AND PUBLIC SERVICE EXPERIENCE FOR AT RISK YOUNG ADULTS.
DROP IN CENTER PROVIDED AT RISK HOMELESS YOUNG ADULTS WITH BASIC NEEDS, FOOD, EDUCATION AND JOB TRAINING.*ENGAGED 220 HOMELESS YOUNG ADULTS OR YOUNG ADULTS AT HIGH RISK OF HOMELESSNESS THROUGH ONGOING SOCIAL MEDIA CONTACT, STREET OUTREACH, AND COMMUNITY RELATIONSHIPS; *PROVIDED GROCERY GIFT CARDS AND ACCESS TO A FOOD PANTRY, LAUNDRY FACILITIES AND SHOWER FACILITIES YEAR-ROUND; *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 45 CLIENTS IN OUR JOB-TRAINING PROGRAM WHERE THEY WERE ABLE TO BUILD IMPORTANT WORK SKILLS; *PROVIDED IN-PERSON AND/OR VIRTUAL JOB-TRAINING WORKSHOPS TO 50 CLIENTS *HELPED 48 YOUNG ADULTS SECURE SAFE AND RELIABLE EMPLOYMENT; *DEVELOPED 6 NEW PARTNERSHIPS WITH COMMUNITY BUSINESSES IN ORDER TO PROVIDE OUR CLIENTS WITH MULTIPLE AVENUES FOR PAID EMPLOYMENT. SOME NOTABLE PARTNERSHIPS WERE WITH HONEY BAKED HAM, STARBUCKS, HOME DEPOT, WALMART, TARGET, AND PLANET FITNESS, AMONG OTHERS IN THE COMMUNITY; *SECURED HOUSING FOR 41 HOMELESS YOUTH IN VARIOUS HOUSING SETTINGS AND ASSISTED AN ADDITIONAL 35 CLIENTS TO MOVE FORWARD TOWARDS THEIR HOUSING STABILITY GOALS; *ASSISTED 16 CLIENTS TO ACHIEVE AN EDUCATIONAL MILESTONE (GED, HIGH SCHOOL, CAREER TRAINING, ETC.); AND *PROVIDED CRUCIAL, LIFE-CHANGING DIRECT SERVICES TO OVER 200 CLIENTS BOTH IN-PERSON AND VIRTUALLY THROUGH ZOOM MEETINGS, PHONE CALLS, AND FACEBOOK MESSENGER AND FIELDED AN ADDITIONAL 215 PHONE INQUIRIES FROM PEOPLE RESPONDING TO OUR OUTREACH.
JOB TRAINING AND HOUSING PROGRAM PROVIDED AT RISK HOMELESS YOUNG ADULTS WITH TEMPORARY SHELTER AND JOB TRAINING.
YOUTH SHELTER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracey Scherrer Executive Director 6/30/21-12/31/21 | Officer | 40 | $50,980 |
Kurt Lange President | OfficerTrustee | 5 | $0 |
Robert Bishop Vice President | OfficerTrustee | 1 | $0 |
Michael A Satterwhite Clerk | OfficerTrustee | 2 | $0 |
Cecilio Hernanadez Jr Treasurer | OfficerTrustee | 2 | $0 |
Theresa Conti Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $537,238 |
| All other contributions, gifts, grants, and similar amounts not included above | $492,098 |
| Noncash contributions included in lines 1a–1f | $28,432 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,029,336 |
| Total Program Service Revenue | $77,071 |
| Investment income | $114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,113,632 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,931 |
| Compensation of current officers, directors, key employees. | $10,489 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $267,324 |
| Pension plan accruals and contributions | $4,185 |
| Other employee benefits | $0 |
| Payroll taxes | $30,006 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,864 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,851 |
| Advertising and promotion | $818 |
| Office expenses | $4,905 |
| Information technology | $5,830 |
| Royalties | $0 |
| Occupancy | $26,178 |
| Travel | $1,449 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $605 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,464 |
| Insurance | $7,323 |
| All other expenses | $3,764 |
| Total functional expenses | $541,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $713,864 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,159 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,137 |
| Prepaid expenses and deferred charges | $7,944 |
| Net Land, buildings, and equipment | $5,418 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $444,000 |
| Intangible assets | $100,009 |
| Other assets | $0 |
| Total assets | $1,292,531 |
| Accounts payable and accrued expenses | $23,242 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,242 |
| Net assets without donor restrictions | $1,184,276 |
| Net assets with donor restrictions | $85,013 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,292,531 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Haven Project Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Actblue Civics Inc Somerville, MA | $9,393,713 | $97,519,174 |
New York State Technology Enterprise Corporation Rome, NY | $60,981,617 | $75,235,119 |
Hamaskpik Of Rockland County Inc Monsey, NY | $63,578,748 | $60,740,286 |
Comunilife Inc New York, NY | $31,660,998 | $48,925,659 |
Julia Dyckman Andrus Memorial Inc Yonkers, NY | $77,963,384 | $42,844,151 |
Wildwood Programs Inc Latham, NY | $26,961,317 | $41,590,830 |
Dana-Farber Inc Boston, MA | $2,427,985,539 | $197,856,829 |
Green Chimneys Childrens Services Inc Brewster, NY | $40,286,634 | $28,138,217 |
Times Square District Management Association New York, NY | $18,451,564 | $28,017,921 |
52 Broadway Realty Corp New York, NY | $50,887,165 | $15,066,010 |
Benhaven Inc North Haven, CT | $15,268,980 | $23,482,851 |
Catalyst Inc New York, NY | $56,172,197 | $22,153,415 |