The Haven Project Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453797693 ✦ Lynn, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Haven Project Inc?

The Haven Project Inc., established in 2011, is a compassionate nonprofit organization situated in Lynn, Massachusetts. Their primary mission is to empower and equip homeless or imminently homeless young adults, offering them the essential tools and support needed to live independently and self-sufficiently. They achieve this through various means, such as providing job opportunities, job training, public service experiences, basic needs, online learning, educational support, and community building activities. The organization operates a public coffee shop, which serves as a platform for their mission, offering a chance for young adults to gain valuable work experience. With a dedicated team of 15 employees, The Haven Project Inc. is committed to making a positive impact in the lives of vulnerable young adults in their community.


Official website here: www.havenproject.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

The Haven Project Inc demonstrates exceptional performance across various metrics, earning a high overall score of 96%. This rating indicates strong accountability and financial management, with a perfect score for its independent board and financial oversight practices. The organization also excels in constituent feedback, showcasing its commitment to transparency and responsiveness to the community it serves.

Financially, The Haven Project allocates 70.61% of its expenses directly to its programs, a notable achievement that reflects its dedication to its mission. The metrics reveal no material diversion of assets, further indicating fiscal responsibility. Additionally, the organization employs robust policies such as conflict of interest and whistleblower protections, reinforcing its integrity.

However, while the charity received a commendable score for equity strategies, there is room for improvement in its equity data and policies. This suggests a potential area for development in fully aligning its practices with equity-focused initiatives. Overall, The Haven Project Inc stands out as a high-performing nonprofit with a solid foundation in governance and community engagement.


This AI summary has been generated from information found on Charity Navigator.

Is The Haven Project Inc legitimate?

The Haven Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Haven Project Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $97,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $460,581

For more financial information, click here


Official website here: www.havenproject.net

What is the mission statement of The Haven Project Inc?

The Haven Project Inc, established in 2011, is a non-profit organization with a mission to equip, train, and empower at-risk homeless young adults. Their strategy involves providing the essentials necessary for these individuals to become self-sufficient, including basic needs, online learning, educational support, job training, job acquisition, stable living options, and opportunities to develop community and life skills.


Official website here: www.havenproject.net

What is the revenue of The Haven Project Inc?

The Haven Project Inc's revenue in 2023 was $713,158.


Official website here: www.havenproject.net

Who are the executives of The Haven Project Inc and what are their salaries?

The average compensation at The Haven Project Inc during 2023 was $50,757. There are 11 employees and 60 volunteers at The Haven Project Inc.

Here are 8 key members and their salaries:


Tracey Scherrer (Executive Director)
  • Compensation: $104,090
  • Related: $0
  • Other: $3,123
Kurt Lange (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bishop (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecilio Hernanadez Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Satterwhite (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Conti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Chiang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.havenproject.net

Where can I find the form 990 for The Haven Project Inc?

The Haven Project Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.havenproject.net

Learn more at the official website: www.havenproject.net

Mission Statement of The Haven Project Inc

The Haven Project Inc, established in 2011, is a not-for-profit organization dedicated to equipping and empowering at-risk homeless young adults. Their mission is to provide these individuals with the necessary resources to ensure their safety and self-sufficiency. This is achieved through a multi-faceted approach that includes addressing their basic needs, offering online learning and educational support, providing job training and job acquisition opportunities, and offering stable living options. The organization also focuses on fostering a sense of community and helping these young adults build essential life skills. By doing so, The Haven Project Inc aims to equip these vulnerable individuals with the tools they need to overcome their circumstances and lead independent, fulfilling lives.

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Impact




July, 2024

The Haven Project Inc's impact is evident in its dedication to equipping and empowering homeless or imminently homeless young adults with the skills and support they need to become self-supporting and safe. Through its maintained and staffed coffee shop open to the public, the organization provides jobs, training, and public service experience for at-risk young adults in Lynn, MA. Founded in 2011, The Haven Project Inc works tirelessly to offer basic needs, online learning, educational support, job training, stable living options, and opportunities to build community and life skills to those in need. This initiative falls under the category of human services, highlighting the organization's commitment to improving the lives of disadvantaged young adults.




This information is meant to be a general summary of The Haven Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$713,158 (2023)
Expenses
$881,476 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $24
  • Program Service Revenue: $110,465
  • Gross Receipts: $725,274

Assets and Liabilities:

  • Total Assets: $1,125,982
  • Total Liabilities: $39,301
  • Net Assets: $1,086,681

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CAFE

Revenue

$78,585

CONTRACT REVENUE

Revenue

$31,880

Organization Details

Founding Year

2011

Principal Officer

Tracey Scherrer

NTEE Category

Code: P85 - Human services

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