Quick charity verification for O W Havens Foundation (EIN: 222175726)
Verdict: O W Havens Foundation has notable concerns
20/100Mission Score
$63KRevenue
$1.2MAssets
5Red Flags
3Strengths
Red Flags
Zero reported program service expenses across all years, indicating no direct charitable activities.
Consistent decline in total assets over the past decade, from $1,894,361 in 2013 to $1,222,953 in 2023.
100% of reported expenses are administrative, raising questions about operational efficiency and mission fulfillment.
No reported fundraising expenses, which is consistent with the lack of program spending and suggests a non-operational or endowment-focused entity.
The foundation's revenue is significantly lower than its administrative expenses in recent years (e.g., $39,775 revenue vs. $82,033 expenses in 2023).
Strengths
The foundation maintains a consistent level of administrative expenses, suggesting stable overhead management.
The foundation has a long history of financial filings, indicating consistent reporting.
The foundation has a substantial asset base, despite its decline, which could potentially be leveraged for future programming.
AI Transparency Report
O W Havens Foundation is a unknown nonprofit based in Johns Island, South Carolina, with reported revenue of $63K and assets of $1.2M. Our AI analysis assigns a Mission Score of 20/100 (Poor). • The foundation consistently reports 0% for both program service expenses and fundraising expenses across all available filings.
• Administrative expenses consistently account for 100% of reported expenses, e.g., $82,033 in 2023 and $82,033 in 2022.
• The foundation's assets have steadily declined from $1,894,361 in 2013 to $1,222,953 in 2023. Executive compensation cannot be assessed as no specific compensation figures are reported in the provided data; all expenses are categorized as administrative. Revenue has declined -54% across 10 filing periods.