SAFE HAVEN MINISTRIES INC

EIN: 382947328 501(c)(3) Housing & Shelter

GRAND RAPIDS, MI

Total Revenue
$3,173,394
Total Expenses
$3,381,802
Total Assets
$5,812,156
Net Assets
$5,329,613
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MI
Principal Officer
MICHAEL WIESE
Phone
6164526664
Tax Period
2024-07-01 to 2025-06-30

SAFE HAVEN MINISTRIES INC, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $3.2M in total revenue in fiscal year 2024.

Mission

OFFERS RESIDENTIAL AND NONRESIDENTIAL SERVICES TO INDIVIDUALS AND FAMILIES EXPERIENCING DOMESTIC VIOLENCE, AS WELL AS PREVENTION AND EDUCATION PROGRAMS TO THE ENTIRE COMMUNITY.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,083,728
Program Service Revenue $77,916
Investment Income $1,544
Other Revenue $10,206
TOTAL REVENUE $3,173,394

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,205,547
Fundraising Expenses $275,719
Program Expenses $2,515,802
Other Expenses $1,176,255
TOTAL EXPENSES $3,381,802

Year-over-Year Comparison

2024 2023 Change
Revenue $3,173,394 $3,010,844 +0.1%
Expenses $3,381,802 $3,006,669 +0.1%
Net Income $-208,408 $4,175 -50.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
11
Independent Members
11
Employees
54
Volunteers
30

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
5
$130,600
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHEL VER WYS EXECUTIVE DIRECTOR 40.00
Officer
$122,004 $8,596 $130,600
SHANNON VINSON PRESIDENT 3.00
Officer Director
$0 $0 $0
MICHAEL WIESE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
YANI CASTRO TREASURER 1.00
Officer Director
$0 $0 $0
ESPERANZA DEGNAN SECRETARY 1.00
Officer Director
$0 $0 $0
ALEXANDRIA WALKER DIRECTOR 1.00
Director
$0 $0 $0
BELINDA CUNNINGHAM DIRECTOR 1.00
Director
$0 $0 $0
JULIE MANION DIRECTOR 1.00
Director
$0 $0 $0
MALEIKA BROWN DIRECTOR 1.00
Director
$0 $0 $0
MELISSA STEWART DIRECTOR 1.00
Director
$0 $0 $0
DANICA DEWAHA-PERSONS DIRECTOR 1.00
Director
$0 $0 $0
JESSICA COLLETE 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
2025 $3,173,394 $3,381,802 $5,812,156 $-208,408
2024 No data No data No data No data
2023 $2,356,525 $3,038,970 $5,790,004 $-682,445
2022 $2,246,241 $2,358,428 $6,360,388 $-112,187
2021 $2,158,243 $1,834,747 $6,498,235 $323,496
2020 $1,257,484 $1,681,508 $6,342,767 $-424,024
2019 $1,968,322 $1,376,561 $7,080,053 $591,761
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