Haven House Bridges Inc
Haven House Bridges Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 113084088 · Brentwood, NY · NTEE: L410 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $2.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Haven House Bridges Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Haven House Bridges Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Haven House Bridges Inc
Haven House Bridges Inc (EIN: 113084088) is a nonprofit organization based in Brentwood, NY, classified under NTEE code L410. The organization reported total revenue of $3.3M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Haven House Bridges Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Haven House Bridges Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$594K |
| Total Assets | $3.1M |
| Total Liabilities | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 18.1% |
| Debt-to-Asset Ratio | 49.7% |
| Months of Reserves | 13.8 months |
Financial Health Grade: A
In 2023, Haven House Bridges Inc reported a surplus of $594K with revenue exceeding expenses, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 49.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Haven House Bridges Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.1% | -8.2% | +3.8% |
| 2022 | +37.9% | +18.7% | +54.7% |
| 2021 | -10.0% | -27.1% | +61.8% |
| 2020 | +5.1% | +19.0% | -19.8% |
| 2019 | +0.5% | +2.5% | -10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Haven House Bridges Inc with a Mission Score of 85 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, Haven House Bridges Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $594K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.7%.
Executive Compensation Analysis
Haven House Bridges Inc consistently reports 0% officer compensation across all 13 available filings, which is highly unusual for an organization with annual revenues exceeding $3 million. This suggests either a volunteer-led executive team or compensation is structured in a way that is not reported as officer compensation on the 990, which warrants further investigation for full clarity.
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 Haven House Bridges Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in available data makes precise spending efficiency analysis difficult.
- Consistent 0% officer compensation for an organization of this size is unusual and might warrant further inquiry into executive compensation structures.
Strengths
The following positive indicators were identified for Haven House Bridges Inc:
- Consistent revenue exceeding expenses in recent years, indicating financial stability (e.g., 2023: Revenue $3,274,715 vs. Expenses $2,680,397).
- Significant growth in net assets, from $1,186,555 in 2020 to $3,083,955 in 2023, enhancing long-term capacity.
- No reported officer compensation across all 13 filings, suggesting a strong commitment to directing funds towards the mission.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency and compliance.
Frequently Asked Questions about Haven House Bridges Inc
Is Haven House Bridges Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Haven House Bridges Inc (EIN: 113084088) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Haven House Bridges Inc spend its money?
Haven House Bridges Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Haven House Bridges Inc tax-deductible?
Haven House Bridges Inc is registered as a tax-exempt nonprofit (EIN: 113084088). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Haven House Bridges Inc CEO make?
Haven House Bridges Inc's highest-compensated officer earns $3 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Haven House Bridges Inc's spending goes to programs?
Haven House Bridges Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Haven House Bridges Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Haven House Bridges Inc is above average for NTEE category L410 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Haven House Bridges Inc located?
Haven House Bridges Inc is headquartered in Brentwood, New York and files with the IRS under EIN 113084088. It is classified under NTEE code L410.
How many years of IRS 990 filings does Haven House Bridges Inc have?
Haven House Bridges Inc has 13 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 $3.3M in total revenue.
Is Haven House Bridges Inc a good charity?
Based on the available data, Haven House Bridges Inc appears to be a financially stable organization with consistent revenue growth and increasing assets. The lack of reported officer compensation is a significant positive indicator for mission focus. However, without a detailed functional expense breakdown, it's difficult to definitively assess the efficiency of program delivery versus administrative costs.
How has Haven House Bridges Inc's financial health changed over time?
The organization's financial health has improved significantly. In earlier years (e.g., 2014-2016), expenses sometimes exceeded revenue. However, from 2017 onwards, revenue has consistently surpassed expenses, leading to substantial growth in assets from $1,186,555 in 2020 to $3,083,955 in 2023.
What is the trend in Haven House Bridges Inc's revenue?
Haven House Bridges Inc has shown a generally upward trend in revenue, growing from $2,275,457 in 2016 to $3,274,715 in 2023, with some fluctuations but overall consistent growth.
Filing History
IRS 990 filing history for Haven House Bridges Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Haven House Bridges Inc's revenue has grown by 9.5%, moving from $3.0M to $3.3M. Total assets increased by 44.4% over the same period, from $2.1M to $3.1M. Total functional expenses fell by 8.7%, from $2.9M to $2.7M. In its most recent filing year (2023), Haven House Bridges Inc reported a surplus of $594K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $3.1M in assets (debt-to-asset ratio: 49.7%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $2.7M | $3.1M | $1.5M | — | — |
| 2022 | $3.7M | $2.9M | $3.0M | $2.0M | — | View 990 |
| 2021 | $2.7M | $2.5M | $1.9M | $1.7M | — | View 990 |
| 2020 | $3.0M | $3.4M | $1.2M | $1.2M | — | View 990 |
| 2019 | $2.8M | $2.8M | $1.5M | $1.1M | — | View 990 |
| 2018 | $2.8M | $2.8M | $1.7M | $1.2M | — | View 990 |
| 2017 | $2.6M | $2.5M | $1.8M | $1.4M | — | — |
| 2016 | $2.3M | $2.3M | $1.7M | $1.4M | — | View 990 |
| 2015 | $2.5M | $2.7M | $1.8M | $1.4M | — | View 990 |
| 2014 | $3.1M | $3.4M | $2.0M | $1.5M | — | View 990 |
| 2013 | $3.0M | $3.3M | $2.2M | $1.5M | — | View 990 |
| 2012 | $3.1M | $3.2M | $2.0M | $952K | — | View 990 |
| 2011 | $3.0M | $2.9M | $2.1M | $916K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $2.7M, and assets of $3.1M (revenue -11.1% year-over-year).
- 2022: Revenue of $3.7M, expenses of $2.9M, and assets of $3.0M (revenue +37.9% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.5M, and assets of $1.9M (revenue -10.0% year-over-year).
- 2020: Revenue of $3.0M, expenses of $3.4M, and assets of $1.2M (revenue +5.1% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.8M, and assets of $1.5M (revenue +0.5% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.8M, and assets of $1.7M (revenue +6.8% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.5M, and assets of $1.8M (revenue +15.7% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $1.7M (revenue -9.9% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.7M, and assets of $1.8M (revenue -19.4% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.4M, and assets of $2.0M (revenue +2.9% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.3M, and assets of $2.2M (revenue -1.7% year-over-year).
- 2012: Revenue of $3.1M, expenses of $3.2M, and assets of $2.0M (revenue +3.6% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.9M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Haven House Bridges Inc:
Data Sources and Methodology
This transparency report for Haven House Bridges Inc 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.