Civic Intelligence

The Westhaven Foundation Inc

990 • Fiscal year 2024 • EIN 26-2449732

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 24, 2025

188 Front Street 116-25Franklin, TN 37064

(615) 394-7782

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.15x

Higher debt load relative to assets than 82% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

52nd percentile

4.1%

Higher net margin than 52% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

49th percentile

0.7%

Faster asset growth than 49% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

-2.7%

Faster revenue growth than 42% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$155,743

Up $1,066 (+0.7%) from 2023

Net Assets

Up

$132,043

Up $12,681 (+11%) from 2023

Liabilities

Down

$23,700

Down $11,615 (-33%) from 2023

Revenue

Down

$299,393

Down $8,211 (-2.7%) from 2023

Expenses

Down

$287,125

Down $72,946 (-20%) from 2023

Net Income

Up

$12,268

Up $64,735 (+123%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $68,272Liabilities 2010: $12,931Net Assets 2010: $55,3412010Assets 2012: $156,142Liabilities 2012: $0Net Assets 2012: $156,1422012Assets 2015: $227,398Liabilities 2015: $0Net Assets 2015: $227,3982015Assets 2016: $218,102Liabilities 2016: $0Net Assets 2016: $218,1022016Assets 2017: $298,448Liabilities 2017: $0Net Assets 2017: $298,4482017Assets 2018: $314,275Liabilities 2018: $0Net Assets 2018: $314,2752018Assets 2019: $294,165Liabilities 2019: $0Net Assets 2019: $294,1652019Assets 2020: $157,876Liabilities 2020: $10,346Net Assets 2020: $147,5302020Assets 2021: $227,113Liabilities 2021: $0Net Assets 2021: $227,1132021Assets 2022: $235,284Liabilities 2022: $13,380Net Assets 2022: $221,9042022Assets 2023: $154,677Liabilities 2023: $35,315Net Assets 2023: $119,3622023Assets 2024: $155,743Liabilities 2024: $23,700Net Assets 2024: $132,0432024Assets 2025: $180,578Liabilities 2025: $30,884Net Assets 2025: $149,6942025

Highlighted filing

2024

Assets$155,743
Liabilities$23,700
Net Assets$132,043

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $105,701Expenses 2010: $66,934Net Income 2010: $38,7672010Expenses 2012: $259,4652012Revenue 2015: $322,583Expenses 2015: $281,872Net Income 2015: $40,7112015Revenue 2016: $340,541Expenses 2016: $349,837Net Income 2016: -$9,2962016Revenue 2017: $335,719Expenses 2017: $255,373Net Income 2017: $80,3462017Revenue 2018: $306,991Expenses 2018: $291,164Net Income 2018: $15,8272018Revenue 2019: $261,072Expenses 2019: $320,373Net Income 2019: -$59,3012019Revenue 2020: $211,322Expenses 2020: $357,957Net Income 2020: -$146,6352020Revenue 2021: $167,455Expenses 2021: $150,861Net Income 2021: $16,5942021Revenue 2022: $419,619Expenses 2022: $424,159Net Income 2022: -$4,5402022Revenue 2023: $307,604Expenses 2023: $360,071Net Income 2023: -$52,4672023Revenue 2024: $299,393Expenses 2024: $287,125Net Income 2024: $12,2682024Revenue 2025: $421,040Expenses 2025: $418,234Net Income 2025: $2,8062025

Highlighted filing

2024

Revenue$299,393
Expenses$287,125
Net Income$12,268
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 24, 2025
Return Version
2023v6.0
Gross Receipts
$339,772
Mission and Program Overview

Mission

The westhaven foundation was designed to nurture a strong sense of community spirit while enhancing the quality of life of westhaven families and the surrounding community. Dedicated to providing quality experiences where neighbors can connect, learn, have fun, and help others, the foundation empowers philanthropy and volunteerism to provide support for programs in areas such as education, cancer and disease research, the arts, and community service. "people helping people" through the foundation has resulted in more than $1 million in charitable giving since inception to impact these programs.

To serve as a leader, catalyst and resource for philanthrophy and education in order to build and enrich civic and community life for the residents of williamson county tennessee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$157,808$156,709▼ $1,099
Accounts Receivable-$1,537-
Savings and Temporary Cash Investments$43$43→ $0
Cash and Non-Interest-Bearing Accounts$-3,174$-2,546▲ $628
Total Assets$154,677$155,743▲ $1,066
Liabilities
Accounts Payable and Accrued Expenses$35,315$23,700▼ $11,615
Total Liabilities$35,315$23,700▼ $11,615
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$119,362$132,043▲ $12,681
Total Net Assets Fund Balance$119,362$132,043▲ $12,681
Total Liabilities and Net Assets / Fund Balance$154,677$155,743▲ $1,066
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeffery CarsonDirector/president
Ben CalhounDirector
Brad BartkowiakDirector
Bridget ShortDirector
Dana HardyDirector
Doug SwansonDirector
Larry YarboroughDirector
Shari LaceyDirector
Suzy MillsDirector
Amy LawDirector/secretary
Mark MccutcheonDirector/treasurer
Jason KaplanDirector/VP
Revenue and Support

Revenue Composition

Contributions and Grants
$144,236
Program Service Revenue
$146,921
Investment Income
$9,442
Other Revenue
$-1,206
All Other Contributions
$144,236
Change in Net Assets
$12,268
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$233,765
Grants and Similar Amounts Paid$53,360
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$27,500--$27,500
Grants to Domestic Orgs$25,860--$25,860
Fees for Services Accounting-$21,969-$21,969
Fees for Services Other-$17,139-$17,139
All Other Expenses$6,583$4,093-$10,676
Insurance-$8,940-$8,940
Information Technology-$8,628-$8,628
Office Expenses$6,529$281-$6,810
Other Expenses$4,231--$4,231
Advertising$4,155--$4,155
Total Functional Expenses$226,075$61,050$0$287,125
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ALZHEIMER'S ASSOCIATIONChicago, IL501(c)(3)Research$13,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Reviewed by management and approved by the board via meeting or electronically prior to submission.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy is reviewed annually and any board member with a conflict of interest cannot vote on the issue

Form 990, Part VI, Section C, Line 19

They are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Westhaven Foundation Inc
EIN
26-2449732
Phone
6153947782
Address
188 FRONT STREET 116-25, FRANKLIN, TN 37064

Signing Officer

Name
Jason Kaplan
Title
President
Phone
6153947782
Signed
2025-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Kaplan
Formed
2007
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
100

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
810 WRIGHTS SUMMIT PARKWAY SUITE, 300, FORT WRIGHT, KY 41011
Preparer
Bryan Pautsch
Phone
8593313300
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IRS990/MissionDesc0THE WESTHAVEN FOUNDATION WAS DESIGNED TO NURTURE A STRONG SENSE OF COMMUNITY SPIRIT WHILE ENHANCING THE QUALITY OF LIFE OF WESTHAVEN FAMILIES AND THE SURROUNDING COMMUNITY. DEDICATED TO PROVIDING QUALITY EXPERIENCES WHERE NEIGHBORS CAN CONNECT, LEARN, HAVE FUN, AND HELP OTHERS, THE FOUNDATION EMPOWERS PHILANTHROPY AND VOLUNTEERISM TO PROVIDE SUPPORT FOR PROGRAMS IN AREAS SUCH AS EDUCATION, CANCER AND DISEASE RESEARCH, THE ARTS, AND COMMUNITY SERVICE. "PEOPLE HELPING PEOPLE" THROUGH THE FOUNDATION HAS RESULTED IN MORE THAN $1 MILLION IN CHARITABLE GIVING SINCE INCEPTION TO IMPACT THESE PROGRAMS.
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0139173
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17748
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0140191
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt095606
IRS990/PYInvestmentIncomeAmt06538
IRS990/PYOtherExpensesAmt0264465
IRS990/PYOtherRevenueAmt04118
IRS990/PYProgramServiceRevenueAmt0156757
IRS990/PYRevenuesLessExpensesAmt0-52467
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0360071
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0307604
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt012268
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0145715
IRS990/SavingsAndTempCashInvstGrp/BOYAmt043
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISC INCOME - 2019 AMOUNT: $ 8,719. 2021 AMOUNT: $ 255. 2022 AMOUNT: $ 8,093. 2023 AMOUNT: $ 950.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0144236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0140191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0213236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0157812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt063018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0718493
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06287
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01022
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011326
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0518335
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0950
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08093
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0255
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt08719
IRS990ScheduleA/OtherIncome170Grp/TotalAmt018017
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66160
IRS990ScheduleA/PublicSupportPY170Pct00.72730
IRS990ScheduleA/PublicSupportTotal170Amt0494801
IRS990ScheduleA/SubstantialContributorsTotAmt0223692
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0144236
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0140191
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0213236
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0157812
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt063018
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0718493
IRS990ScheduleA/TotalSupportAmt0747836
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt022500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/RecipientTable/CashGrantAmt013000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ALZHEIMER'S ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientEIN0131393960
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0225 N MICHIGAN AVE 17 FLOOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060601
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOLARSHIPS ARE PAID DIRECTLY TO THE SCHOOL AND THE FOUNDATION FOLLOWS UP THE STUDENT AND THE SCHOOL. CARE & COMPASSION COMMITTEE UPON RECEIPT OF A REFERRAL OBTAINS CONSENSUS FROM WITHIN ITS MEMBERS. ONCE THAT IS OBTAINED, THE CHAIR OF THE COMMITTEE PRESENTS THE REFERRAL WITH THE RECOMMENDED FUNDING AMOUNT TO THE EXECUTIVE BOARD FOR FINAL APPROVAL AND TO REQUEST DISBURSEMENT OF FUNDS. AT THE FOLLOWING BOARD MEETING, THE CHAIR OF THE C & C COMMITTEE PROVIDES A REPORT OF ALL RECENT ACTIVITY INCLUDING THE STATUS OF DISBURSEMENT (WHETHER IT IS STILL PENDING OR WHETHER THE FUNDS WERE DISBURSED).
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY MANAGEMENT AND APPROVED BY THE BOARD VIA MEETING OR ELECTRONICALLY PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND ANY BOARD MEMBER WITH A CONFLICT OF INTEREST CANNOT VOTE ON THE ISSUE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THEY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0154677
IRS990/TotalAssetsEOYAmt0155743
IRS990/TotalAssetsGrp/BOYAmt0154677
IRS990/TotalAssetsGrp/EOYAmt0155743
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0144236
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061050
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0226075
IRS990/TotalFunctionalExpensesGrp/TotalAmt0287125
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt035315
IRS990/TotalLiabilitiesEOYAmt023700
IRS990/TotalLiabilitiesGrp/BOYAmt035315
IRS990/TotalLiabilitiesGrp/EOYAmt023700
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0119362
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0132043
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0226075
IRS990/TotalProgramServiceRevenueAmt0146921
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt09442
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0145715
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0299393
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0154677
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0155743
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

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