VETERANS HAVEN INC

EIN: 383176960 501(c)(3)

WAYNE, MI

Total Revenue
$55,081
Total Expenses
$54,683
Total Assets
$351,017
Net Assets
$349,192
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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
1994
Legal Domicile
MI
Principal Officer
STEFAN BERNA
Phone
7347280527
Tax Period
2019-01-01 to 2019-12-31

VETERANS HAVEN INC, founded in 1994, is a micro nonprofit that reported $55K in total revenue in fiscal year 2019. Revenue fell 31% from the prior year — a significant decline worth monitoring. Net assets of $349K represent 76 months of operating reserves.

Mission

TO HELP ALL KIND OF VETERANS AND DISABLED VETERANS IN SHELTER FOOD TRANSPORTATION AND WORK AND PROVIDE THEM WITH MANY DIFFERENT SERVICES

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $54,978
Investment Income $58
Other Revenue $45
TOTAL REVENUE $55,081

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $43,213
Other Expenses $24,339
TOTAL EXPENSES $54,683

Year-over-Year Comparison

2019 2018 Change
Revenue $55,081 $80,153 -0.3%
Expenses $54,683 $74,222 -0.3%
Net Income $398 $5,931 -0.9%
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
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDY BERNA PRESIDENT 015.00
Officer Director
$0 $0 $0
MOHAMED SULEIMAN TREASURER 010.00
Director
$0 $0 $0
MARK ISCARO TRUSTEE 020.00
Director
$0 $0 $0
JACK PAVLICK TRUSTEE 015.00
Director
$0 $0 $0
BILL BLACKMORE TRUSTEE 010.00
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
2019 $55,081 $54,683 $351,017 $398
2018 $80,153 $74,222 $350,619 $5,931
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