Grace Haven Ministries

Grace Haven Ministries experiences significant financial decline with revenue dropping from $126,472 to $3,973 over a decade.

EIN: 204189205 · Lowell, AR · NTEE: X20 · Updated: 2026-03-28

$4KRevenue

$5KAssets

45/100Mission Score (Fair)

X20

About Grace Haven Ministries

Grace Haven Ministries (EIN: 204189205) is a nonprofit organization based in Lowell, AR, classified under NTEE code X20. The organization reported total revenue of $4K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Haven Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Grace Haven Ministries exhibits a concerning trend of declining revenue and assets over the past few years, indicating potential financial instability. While the organization reported zero officer compensation across all filings, which is positive for donor confidence, its financial health has significantly deteriorated from a peak revenue of $126,472 in 2014 to just $3,973 in its latest filing. The organization's assets have also shrunk considerably from $56,401 in 2020 to $5,088 currently. This downward trajectory in financial resources raises questions about its long-term sustainability and capacity to deliver on its mission effectively. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the overall financial decline is a significant concern.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Grace Haven Ministries with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Grace Haven Ministries allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all filings, which is commendable for a small organization and indicates that resources are not being diverted to high salaries.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Grace Haven Ministries's IRS 990 filings:

Significant and consistent decline in revenue over multiple years, from $126,472 in 2014 to $3,973 currently.
Substantial decrease in assets, from $56,401 in 2020 to $5,088 currently, indicating dwindling financial reserves.
Expenses frequently exceeding revenue in several periods (e.g., 2020, 2019, 2015, 2014), suggesting operational deficits.

Strengths

The following positive indicators were identified for Grace Haven Ministries:

Consistent reporting of 0% officer compensation across all filings, indicating a commitment to directing funds towards the mission rather than executive salaries.
No reported liabilities in any of the provided filings, suggesting a debt-free financial position.

Frequently Asked Questions about Grace Haven Ministries

Is Grace Haven Ministries a good charity?

Based on the provided financial data, Grace Haven Ministries shows significant financial instability with a sharp decline in revenue and assets. While it has zero officer compensation, its ability to sustain operations and impact is questionable given its current financial state.

What caused the drastic decline in revenue?

The provided data does not specify the reasons for the revenue decline. It shows a consistent downward trend from $126,472 in 2014 to $3,973 currently, but the underlying causes are not detailed in the IRS 990 summary.

How does Grace Haven Ministries manage its expenses?

Without a detailed breakdown of expenses beyond total expenses, it's difficult to fully assess spending efficiency. However, the organization's expenses have generally tracked its declining revenue, with some periods showing expenses exceeding revenue, such as $100,483 in expenses against $92,477 in revenue in 2020.

Filing History

IRS 990 filing history for Grace Haven Ministries showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), Grace Haven Ministries's revenue has declined by 95.5%, moving from $105K to $5K. Total assets decreased by 48.1% over the same period, from $35K to $18K. Total functional expenses fell by 96.4%, from $100K to $4K. In its most recent filing year (2023), Grace Haven Ministries reported a surplus of $1K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$5K	$4K	$18K	$0	—	—
2022	$25K	$21K	$29K	$0	—	View 990
2021	$31K	$38K	$38K	$0	—	—
2020	$92K	$100K	$56K	$0	—	—
2019	$35K	$61K	$15K	$0	—	View 990
2018	$69K	$66K	$41K	$0	—	View 990
2017	$59K	$34K	$39K	$0	—	View 990
2016	$30K	$23K	$14K	$0	—	View 990
2015	$26K	$39K	$8K	$0	—	View 990
2014	$126K	$141K	$20K	$0	—	View 990
2013	$105K	$100K	$35K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $5K, expenses of $4K, and assets of $18K (revenue -80.8% year-over-year).
2022: Revenue of $25K, expenses of $21K, and assets of $29K (revenue -20.1% year-over-year).
2021: Revenue of $31K, expenses of $38K, and assets of $38K (revenue -66.8% year-over-year).
2020: Revenue of $92K, expenses of $100K, and assets of $56K (revenue +164.3% year-over-year).
2019: Revenue of $35K, expenses of $61K, and assets of $15K (revenue -49.0% year-over-year).
2018: Revenue of $69K, expenses of $66K, and assets of $41K (revenue +17.2% year-over-year).
2017: Revenue of $59K, expenses of $34K, and assets of $39K (revenue +98.0% year-over-year).
2016: Revenue of $30K, expenses of $23K, and assets of $14K (revenue +14.6% year-over-year).
2015: Revenue of $26K, expenses of $39K, and assets of $8K (revenue -79.6% year-over-year).
2014: Revenue of $126K, expenses of $141K, and assets of $20K (revenue +19.9% year-over-year).
2013: Revenue of $105K, expenses of $100K, and assets of $35K.

Data Sources and Methodology

This transparency report for Grace Haven Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.