Hav Life
Hav Life maintains strong solvency with no liabilities and consistent volunteer leadership.
EIN: 202614547 · Davenport, IA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $162K |
| Total Expenses | $126K |
| Program Spending | 85% |
| Net Assets | $181K |
| Transparency Score | 88/100 |
Is Hav Life Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hav Life directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hav Life
Hav Life (EIN: 202614547) is a nonprofit organization based in Davenport, IA, classified under NTEE code T30. The organization reported total revenue of $162K and total assets of $172K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hav Life's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hav Life is a small nonprofit that has been operating for 11 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $126K |
| Surplus / Deficit | +$41K |
| Total Assets | $181K |
| Net Assets | $181K |
| Operating Margin | 24.6% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2022, Hav Life reported a surplus of $41K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Hav Life's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +9.2% | +58.1% | +29.3% |
| 2021 | +17.7% | -59.1% | +109.8% |
| 2020 | -35.1% | +26.5% | -49.2% |
| 2019 | +28.3% | -25.4% | +54.8% |
| 2018 | -42.7% | -22.9% | -37.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hav Life with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hav Life allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
Executive Compensation Analysis
Hav Life consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer channels, which is highly favorable for a nonprofit of its size.
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.
Strengths
The following positive indicators were identified for Hav Life:
- Consistent reporting of 0% officer compensation, indicating strong dedication to mission.
- No reported liabilities across all available filings, demonstrating excellent financial solvency.
- Positive trend in net assets, growing from $66,658 in 2020 to $180,857 in 2022.
- Consistent filing of IRS Form 990s over 12 periods, indicating strong transparency and compliance.
- Recent financial periods (2021, 2022) show healthy surpluses, improving financial stability.
Frequently Asked Questions about Hav Life
Is Hav Life a legitimate charity?
Hav Life (EIN: 202614547) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 88/100. It has 12 years of IRS 990 filings on record. Total revenue: $162K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Hav Life spend its money?
Hav Life directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hav Life tax-deductible?
Hav Life is registered as a tax-exempt nonprofit (EIN: 202614547). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hav Life's spending goes to programs?
Hav Life directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hav Life compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Hav Life is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hav Life located?
Hav Life is headquartered in Davenport, Iowa and files with the IRS under EIN 202614547. It is classified under NTEE code T30.
How many years of IRS 990 filings does Hav Life have?
Hav Life has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $162K in total revenue.
How does Hav Life manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that Hav Life's leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990 form. This is a strong indicator of dedication to the mission.
What is the trend in Hav Life's net assets?
Hav Life's net assets have shown a positive trend, growing from $66,658 in 2020 to $180,857 in 2022, indicating financial stability and growth over recent years.
Has Hav Life consistently operated with a surplus?
No, Hav Life has experienced periods where expenses exceeded revenue, such as in 2020 (Expenses $194,233 vs. Revenue $129,759) and 2018 (Expenses $205,843 vs. Revenue $155,829). However, recent years like 2022 and 2021 show healthy surpluses.
Filing History
IRS 990 filing history for Hav Life showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Hav Life's revenue has grown by 40.8%, moving from $118K to $167K. Total assets increased by 89.5% over the same period, from $95K to $181K. Total functional expenses rose by 132.3%, from $54K to $126K. In its most recent filing year (2022), Hav Life reported a surplus of $41K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $167K | $126K | $181K | $0 | — | View 990 |
| 2021 | $153K | $79K | $140K | $0 | — | View 990 |
| 2020 | $130K | $194K | $67K | $0 | — | View 990 |
| 2019 | $200K | $154K | $131K | $0 | — | View 990 |
| 2018 | $156K | $206K | $85K | $0 | — | View 990 |
| 2017 | $272K | $267K | $135K | $0 | — | View 990 |
| 2016 | $256K | $236K | $130K | $0 | — | View 990 |
| 2015 | $186K | $194K | $79K | $0 | — | View 990 |
| 2014 | $180K | $192K | $87K | $0 | — | View 990 |
| 2013 | $179K | $208K | $98K | $0 | — | View 990 |
| 2012 | $129K | $97K | $128K | $0 | — | View 990 |
| 2011 | $118K | $54K | $95K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $167K, expenses of $126K, and assets of $181K (revenue +9.2% year-over-year).
- 2021: Revenue of $153K, expenses of $79K, and assets of $140K (revenue +17.7% year-over-year).
- 2020: Revenue of $130K, expenses of $194K, and assets of $67K (revenue -35.1% year-over-year).
- 2019: Revenue of $200K, expenses of $154K, and assets of $131K (revenue +28.3% year-over-year).
- 2018: Revenue of $156K, expenses of $206K, and assets of $85K (revenue -42.7% year-over-year).
- 2017: Revenue of $272K, expenses of $267K, and assets of $135K (revenue +6.0% year-over-year).
- 2016: Revenue of $256K, expenses of $236K, and assets of $130K (revenue +37.5% year-over-year).
- 2015: Revenue of $186K, expenses of $194K, and assets of $79K (revenue +3.4% year-over-year).
- 2014: Revenue of $180K, expenses of $192K, and assets of $87K (revenue +0.8% year-over-year).
- 2013: Revenue of $179K, expenses of $208K, and assets of $98K (revenue +38.8% year-over-year).
- 2012: Revenue of $129K, expenses of $97K, and assets of $128K (revenue +8.9% year-over-year).
- 2011: Revenue of $118K, expenses of $54K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hav Life:
Data Sources and Methodology
This transparency report for Hav Life 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.