HAVENWOODS NEIGHBORHOOD PARTNERSHIP INC (EIN 020590061) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

STEVEN HENTZEN

Phone

4144312274

Tax Period

2023-01-01 to 2023-12-31

HAVENWOODS NEIGHBORHOOD PARTNERSHIP INC, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $350K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $502K exceeded revenue, resulting in a 44% operating deficit.

Mission

HAVENWOODS ECONOMIC DEVELOPMENT CORPORATION IS A NONPROFIT COMMUNITY DEVELOPMENT CORPORATION THAT ACTIVELY CONTRIBUTES TO RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $341,357

Program Service Revenue $8,169

Investment Income $15

Other Revenue $0

TOTAL REVENUE $349,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $363,883

Fundraising Expenses $9,789

Program Expenses $371,518

Other Expenses $137,877

TOTAL EXPENSES $501,760

Year-over-Year Comparison

	2023	2022	Change
Revenue	$349,541	$493,281	-0.3%
Expenses	$501,760	$351,441	+0.4%
Net Income	$-152,219	$141,840	-2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$86,084

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE HARLING	EXECUTIVE DIRECTOR	40.00	Officer	$80,231	$5,853	$86,084
STEVEN HENTZEN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JAMES BARTOS	SECRETARY	1.00	Officer Director	$0	$0	$0
TAMARA CASTLE	DIRECTOR	1.00	Director	$0	$0	$0
YULI HER	DIRECTOR	1.00	Director	$0	$0	$0
SHARON JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
PASTOR CHRISTIAN WINKEL	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$349,541	$501,760	$194,134	$-152,219
2022	$493,281	$351,441	$349,999	$141,840
2021	$477,797	$343,775	$213,143	$134,022
2020	$310,166	$295,747	$59,093	$14,419
2019	$314,568	$276,671	$48,058	$37,897
2018	$280,860	$276,203	$26,804	$4,657

HAVENWOODS NEIGHBORHOOD PARTNERSHIP INC