Safe Haven Of Racine Inc
EIN: 391155004 · Racine, WI · NTEE: P300
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.4M |
| Net Assets | $-200,629 |
Is Safe Haven Of Racine Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Safe Haven Of Racine Inc
Safe Haven Of Racine Inc (EIN: 391155004) is a nonprofit organization based in Racine, WI, classified under NTEE code P300. The organization reported total revenue of $2.4M and total assets of $343K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safe Haven Of Racine Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Safe Haven Of Racine Inc is a mid-size nonprofit that has been operating for 54 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-307,544 |
| Total Assets | $304K |
| Total Liabilities | $505K |
| Net Assets | $-200,629 |
| Operating Margin | -14.5% |
| Debt-to-Asset Ratio | 166.0% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2023, Safe Haven Of Racine Inc reported a deficit of $308K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 166.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Safe Haven Of Racine Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.4% | +21.7% | -41.7% |
| 2022 | +34.7% | +27.5% | +97.2% |
| 2021 | +7.4% | +32.1% | -39.2% |
| 2020 | +24.4% | +4.1% | +154.9% |
| 2019 | +51.9% | +34.9% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Safe Haven Of Racine Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Safe Haven Of Racine Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $308K, with expenses exceeding revenue.
- Debt-to-asset ratio: 166.0%.
Frequently Asked Questions about Safe Haven Of Racine Inc
Is Safe Haven Of Racine Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Safe Haven Of Racine Inc (EIN: 391155004) insufficient data. 0 red flags identified, 0 strengths noted.
How does Safe Haven Of Racine Inc spend its money?
Detailed spending breakdown data is not yet available for Safe Haven Of Racine Inc. Check back for updated IRS 990 analysis.
Are donations to Safe Haven Of Racine Inc tax-deductible?
Safe Haven Of Racine Inc is registered as a tax-exempt nonprofit (EIN: 391155004). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Safe Haven Of Racine Inc located?
Safe Haven Of Racine Inc is headquartered in Racine, Wisconsin and files with the IRS under EIN 391155004. It is classified under NTEE code P300.
How many years of IRS 990 filings does Safe Haven Of Racine Inc have?
Safe Haven Of Racine Inc 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 $2.4M in total revenue.
Filing History
IRS 990 filing history for Safe Haven Of Racine Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Safe Haven Of Racine Inc's revenue has grown by 231.7%, moving from $641K to $2.1M. Total assets decreased by 12.2% over the same period, from $346K to $304K. Total functional expenses rose by 275.7%, from $648K to $2.4M. In its most recent filing year (2023), Safe Haven Of Racine Inc reported a deficit of $308K, with expenses exceeding revenue. The organization holds $505K in liabilities against $304K in assets (debt-to-asset ratio: 166.0%), resulting in net assets of $-200,629.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.4M | $304K | $505K | — | — |
| 2022 | $2.0M | $2.0M | $521K | $416K | — | View 990 |
| 2021 | $1.5M | $1.6M | $264K | $157K | — | — |
| 2020 | $1.4M | $1.2M | $435K | $242K | — | View 990 |
| 2019 | $1.1M | $1.1M | $171K | $172K | — | View 990 |
| 2018 | $730K | $845K | $167K | $138K | — | View 990 |
| 2017 | $453K | $550K | $207K | $64K | — | View 990 |
| 2016 | $425K | $384K | $269K | $30K | — | View 990 |
| 2015 | $247K | $356K | $213K | $16K | — | View 990 |
| 2014 | $396K | $354K | $323K | $16K | — | View 990 |
| 2013 | $546K | $581K | $309K | $46K | — | View 990 |
| 2012 | $641K | $648K | $346K | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.4M, and assets of $304K (revenue +6.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.0M, and assets of $521K (revenue +34.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.6M, and assets of $264K (revenue +7.4% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.2M, and assets of $435K (revenue +24.4% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $171K (revenue +51.9% year-over-year).
- 2018: Revenue of $730K, expenses of $845K, and assets of $167K (revenue +61.1% year-over-year).
- 2017: Revenue of $453K, expenses of $550K, and assets of $207K (revenue +6.6% year-over-year).
- 2016: Revenue of $425K, expenses of $384K, and assets of $269K (revenue +72.3% year-over-year).
- 2015: Revenue of $247K, expenses of $356K, and assets of $213K (revenue -37.6% year-over-year).
- 2014: Revenue of $396K, expenses of $354K, and assets of $323K (revenue -27.6% year-over-year).
- 2013: Revenue of $546K, expenses of $581K, and assets of $309K (revenue -14.7% year-over-year).
- 2012: Revenue of $641K, expenses of $648K, and assets of $346K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Safe Haven Of Racine Inc:
Data Sources and Methodology
This transparency report for Safe Haven Of Racine 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.