Haven University
- Assets
- $1.0m
- Revenue
- $863.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Garden Grove, CA
- Founding
- 04/1980
- Data as of
- 12/2023
- EIN
- 95-3384325
Organization Overview
Haven University is located in Garden Grove, CA. The organization was established in 1980. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 12/2023, Haven University employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Haven University 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, Haven University generated $863.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $853.7k during the year ending 12/2023. While expenses have increased by 14.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SCHOOL OF THEOLOGY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOOL WAS SUCCESSFUL IN TRAINING FOR THE MINISTRY & IN PROVIDING EDUCATION ON VARIOUS CHRISTIAN SUBJECTS TO STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Smith Jr Director | Trustee | $0 | |
Kwanjoong Kim Secretary | OfficerTrustee | $0 | |
Sung Han Kim Director | Trustee | $0 | |
Sang Mi Ko Director | Trustee | $0 | |
Jason Lee Chairman | Trustee | $0 | |
Kang Won Lee Chancellor | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $448,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $448,000 |
| Total Program Service Revenue | $397,937 |
| Investment income | $17,340 |
| 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 | $863,277 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,892 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,758 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $19,990 |
| Information technology | $15,359 |
| Royalties | $0 |
| Occupancy | $83,433 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $19,615 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,093 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,400 |
| Insurance | $2,598 |
| All other expenses | $113,339 |
| Total functional expenses | $853,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $470,582 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $390,000 |
| Accounts receivable, net | $124,163 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,072 |
| Net Land, buildings, and equipment | $8,052 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,706 |
| Total assets | $1,046,575 |
| Accounts payable and accrued expenses | $7,820 |
| Grants payable | $0 |
| Deferred revenue | $42,325 |
| 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 | $541,641 |
| Total liabilities | $591,786 |
| Net assets without donor restrictions | $454,789 |
| Net assets with donor restrictions | $0 |
| 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 | $1,046,575 |