Civic Intelligence

Childhaven Foundation Inc.

990 • Fiscal year 2018 • EIN 63-1206189

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 26, 2019

PO Box 2070Cullman, AL 35056

(256) 734-6720

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

2nd percentile

-189%

Higher net margin than 2% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

7th percentile

-18%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-92%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,844,892

Down $617,658 (-18%) from 2017

Net Assets

Down

$2,844,892

Down $617,658 (-18%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$139,665

Down $1,578,374 (-92%) from 2017

Expenses

Up

$403,989

Up $174,416 (+76%) from 2017

Net Income

Down

-$264,324

Down $1,752,790 (-118%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,210,464Liabilities 2011: $0Net Assets 2011: $2,210,4642011Assets 2012: $1,958,003Liabilities 2012: $0Net Assets 2012: $1,958,0032012Assets 2013: $2,101,386Liabilities 2013: $0Net Assets 2013: $2,101,3862013Assets 2014: $2,203,414Liabilities 2014: $0Net Assets 2014: $2,203,4142014Assets 2015: $1,902,608Liabilities 2015: $0Net Assets 2015: $1,902,6082015Assets 2016: $1,935,884Liabilities 2016: $0Net Assets 2016: $1,935,8842016Assets 2017: $3,462,550Liabilities 2017: $0Net Assets 2017: $3,462,5502017Assets 2018: $2,844,892Liabilities 2018: $0Net Assets 2018: $2,844,8922018Assets 2019: $2,978,110Liabilities 2019: $0Net Assets 2019: $2,978,1102019Assets 2020: $3,263,012Liabilities 2020: $0Net Assets 2020: $3,263,0122020Assets 2021: $3,715,501Liabilities 2021: $0Net Assets 2021: $3,715,5012021Assets 2022: $3,280,606Liabilities 2022: $0Net Assets 2022: $3,280,6062022Assets 2023: $3,625,479Liabilities 2023: $0Net Assets 2023: $3,625,4792023Assets 2024: $3,602,258Liabilities 2024: $0Net Assets 2024: $3,602,2582024

Highlighted filing

2018

Assets$2,844,892
Liabilities$0
Net Assets$2,844,892

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $320,191Expenses 2011: $302,518Net Income 2011: $17,6732011Revenue 2012: $77,892Expenses 2012: $272,208Net Income 2012: -$194,3162012Revenue 2013: $77,854Expenses 2013: $73,896Net Income 2013: $3,9582013Revenue 2014: $346,358Expenses 2014: $214,566Net Income 2014: $131,7922014Revenue 2015: $161,135Expenses 2015: $252,110Net Income 2015: -$90,9752015Revenue 2016: $96,533Expenses 2016: $201,674Net Income 2016: -$105,1412016Revenue 2017: $1,718,039Expenses 2017: $229,573Net Income 2017: $1,488,4662017Revenue 2018: $139,665Expenses 2018: $403,989Net Income 2018: -$264,3242018Revenue 2019: $46,140Expenses 2019: $391,025Net Income 2019: -$344,8852019Revenue 2020: $68,260Expenses 2020: $44,343Net Income 2020: $23,9172020Revenue 2021: $150,061Expenses 2021: $43,738Net Income 2021: $106,3232021Revenue 2022: $86,322Expenses 2022: $46,228Net Income 2022: $40,0942022Revenue 2023: $133,087Expenses 2023: $134,848Net Income 2023: -$1,7612023Revenue 2024: $366,465Expenses 2024: $485,656Net Income 2024: -$119,1912024

Highlighted filing

2018

Revenue$139,665
Expenses$403,989
Net Income-$264,324
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 26, 2019
Return Version
2018v3.1
Gross Receipts
$2,437,077
Mission and Program Overview

Mission

For the support of homeless children and children in foster care placed in childhaven, inc. Support provides the basic living necessities, i.e. Food, clothing, and shelter for these children as well as the essentials for good health and well-being.

For the support of homeless children and children in foster care placed in childhaven, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,086,888$2,584,825▼ $502,063
Land, Buildings, and Equipment, Net$193,008$179,027▼ $13,981
Savings and Temporary Cash Investments$182,654$81,040▼ $101,614
Total Assets$3,462,550$2,844,892▼ $617,658
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$3,040,543$2,424,072▼ $616,471
Temporarily Rstr Net Assets$372,007$370,820▼ $1,187
Permanently Rstr Net Assets$50,000$50,000→ $0
Total Net Assets Fund Balance$3,462,550$2,844,892▼ $617,658
Total Liabilities and Net Assets / Fund Balance$3,462,550$2,844,892▼ $617,658

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$160,413$691,868$852,281
Other Land Buildings$14,257$269,907$284,164
Land$4,357-$4,357
Other Securities$76--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Reginald JohnsonPresident
Randy JonesVice President
Amy BryanBoard Member
Chris PoseyBoard Member
Del BrockBoard Member
Dr Greg DriskillBoard Member
Everett WessBoard Member
Gerald ColvinBoard Member
Jerrie BarberBoard Member
Linda WallaceBoard Member
Rabon WatsonBoard Member
Thomas PruettSecretary
Bert SimsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$139,665
Other Revenue
$0
Change in Net Assets
$-264,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$356,416
Other Expenses$47,573
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$356,416--$356,416
Fees for Service Investment Mgmnt Fees$31,392--$31,392
Depreciation Depletion-$13,981-$13,981
Fees for Services Accounting-$2,200-$2,200
Total Functional Expenses$387,808$16,181$0$403,989
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Childhaven IncCullman, AL501(c)(3)For the Support of Homeless Children and Children in Foster Care Placed in Childhaven, Inc. Support Provides the Basic Living Necessities for These Children as Well as the Essentials for Good Health and Well-being.$356,416
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
Backup withholding compliance
Yes
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

The board of directors and dr. Jim wright reviews the 990 during the board meeting held after receipt of the 990 from the tax preparer, however, the review does not always occur before the 990 is filed by the taxpayer.

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

Board members annually disclose and promptly update any disclosures previously made on an annual conflict disclosure questionnaire form. Conflicts should also be disclosed as they arise or are evolving, so that a determination may be made as to the appropriate plan of action to manage the conflict. Conflicts disclosed include interests that could give rise to conflicts of interest, such as family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members as well as other nonprofit organizations. For each conflict disclosed, the full board, the executive director or the chairperson of the board will determine the course of action to be taken in regards to the conflict. Conflicts and the outcome of conflicts disclosed will be documented in the minutes of the board meetings if the conflict relates to a board member.

Form 990, Part VI, Section C, Line 19

Childhaven foundation, inc's governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Childhaven Foundation Inc
EIN
63-1206189
Phone
2567346720
Address
PO BOX 2070, CULLMAN, AL 35056

Signing Officer

Name
Dr Jim Wright
Title
Executive Director
Phone
2567346720
Signed
2019-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Jim Wright
Formed
1998
Legal Domicile
Al
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Till Hester Eyer & Brown Pc
Address
2700 HIGHWAY 280 E SUITE 400, BIRMINGHAM, AL 35223
Preparer
Beth F Chicarello
Phone
2058719855
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt078117
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IRS990ScheduleA/InvestmentIncomeCYPct00.23330
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.76670
IRS990ScheduleA/PublicSupportTotal509Amt01889824
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01488029
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt036349
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt097205
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0268241
IRS990ScheduleA/Total509Grp/TotalAmt01889824
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0139665
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt096533
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0164245
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0346358
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02464840
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0160413
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0691868
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0852281
IRS990ScheduleD/LandGrp/BookValueAmt04357
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04357
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014257
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0269907
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0284164
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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt62141176
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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6414246
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6514558
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt66125960
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6713291
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6814994
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6912885
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7046743
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7117569
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7215196
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7314513
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7414145
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7512580
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7620884
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7715048
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7814479
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7915805
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt8076
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ABBOTT LABORATORIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1ACCENTURE PLC IRELAND CL A
IRS990ScheduleD/OtherSecuritiesGrp/Desc2ACTIVISION BLIZZARD INC.
IRS990ScheduleD/OtherSecuritiesGrp/Desc3ALLERGEN PLC SHS
IRS990ScheduleD/OtherSecuritiesGrp/Desc4ALPHABET INC CL A
IRS990ScheduleD/OtherSecuritiesGrp/Desc5ALPS IDOG
IRS990ScheduleD/OtherSecuritiesGrp/Desc6AMERICAN INTL GROUP INC
IRS990ScheduleD/OtherSecuritiesGrp/Desc7APPLE INC
IRS990ScheduleD/OtherSecuritiesGrp/Desc8BLACKROCK INC
IRS990ScheduleD/OtherSecuritiesGrp/Desc9BLACKROCK LOW DUR BD INV INST
IRS990ScheduleD/OtherSecuritiesGrp/Desc10BLACKSTONE ALT MULT-STRAT INST
IRS990ScheduleD/OtherSecuritiesGrp/Desc11BOSTON SCIENTIFIC CORP
IRS990ScheduleD/OtherSecuritiesGrp/Desc12CBS CORP NEW CL B SHRS
IRS990ScheduleD/OtherSecuritiesGrp/Desc13CHEVRON CORP
IRS990ScheduleD/OtherSecuritiesGrp/Desc14CHUBB LTD
IRS990ScheduleD/OtherSecuritiesGrp/Desc15CISCO SYS INC
IRS990ScheduleD/OtherSecuritiesGrp/Desc16DANAHER CORPORATION
IRS990ScheduleD/OtherSecuritiesGrp/Desc17DEERE & CO
IRS990ScheduleD/OtherSecuritiesGrp/Desc18DIAMOND HILL LONG-SHORT I
IRS990ScheduleD/OtherSecuritiesGrp/Desc19DOWDUPONT INC
IRS990ScheduleD/OtherSecuritiesGrp/Desc20E V FLOATING RATE I
IRS990ScheduleD/OtherSecuritiesGrp/Desc21EOG RESOURCES INC
IRS990ScheduleD/OtherSecuritiesGrp/Desc22FIRST TRUST JAPAN
IRS990ScheduleD/OtherSecuritiesGrp/Desc23FLEXSHARES GLOBAL UPSTREAM NAT
IRS990ScheduleD/OtherSecuritiesGrp/Desc24GOLDMAN SACHS MULTI MGR ALT I

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.60$0.00$3.60$0.37$0.49$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.63$0.00$3.63$0.13$0.13$0.00
2022Detailed filing. Detailed filing data is available for this year.$3.28$0.00$3.28$0.09$0.05$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.72$0.00$3.72$0.15$0.04$0.11
2020Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.07$0.04$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$0.05$0.39$0.34
2018Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$0.14$0.40$0.26
2017Detailed filing. Detailed filing data is available for this year.$3.46$0.00$3.46$1.72$0.23$1.49
2016Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$0.10$0.20$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.16$0.25$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$0.35$0.21$0.13
2013Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$0.08$0.07$0.00
2012Summary only. Only limited summary data is available for this year.$1.96$0.00$1.96$0.08$0.27$0.19
2011Summary only. Only limited summary data is available for this year.$2.21$0.00$2.21$0.32$0.30$0.02