Civic Intelligence

Midland Fair Havens Inc.

990 • Fiscal year 2017 • EIN 75-2627746

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 27, 2018

2400 Whitmire BlvdMidland, TX 79705

(432) 689-3411

Siviq Scores

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

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

36th percentile

0.05x

Higher debt load relative to revenue than 36% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

57th percentile

5.5%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

75th percentile

$114,068

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

44th percentile

1.5%

Faster asset growth than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

23rd percentile

-7.2%

Faster revenue growth than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$3,346,576

Up $48,513 (+1.5%) from 2016

Net Assets

Up

$3,299,690

Up $57,092 (+1.8%) from 2016

Liabilities

Down

$46,886

Down $8,579 (-15%) from 2016

Revenue

Down

$1,029,257

Down $79,431 (-7.2%) from 2016

Expenses

Up

$972,165

Up $658 (+0.1%) from 2016

Net Income

Down

$57,092

Down $80,089 (-58%) from 2016

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 2010: $3,337,415Liabilities 2010: $15,302Net Assets 2010: $3,322,1132010Assets 2011: $3,310,168Liabilities 2011: $13,988Net Assets 2011: $3,296,1802011Assets 2012: $3,194,542Liabilities 2012: $28,389Net Assets 2012: $3,166,1532012Assets 2013: $3,109,477Liabilities 2013: $23,044Net Assets 2013: $3,086,4332013Assets 2014: $3,214,558Liabilities 2014: $17,645Net Assets 2014: $3,196,9132014Assets 2015: $3,137,405Liabilities 2015: $31,988Net Assets 2015: $3,105,4172015Assets 2016: $3,298,063Liabilities 2016: $55,465Net Assets 2016: $3,242,5982016Assets 2017: $3,346,576Liabilities 2017: $46,886Net Assets 2017: $3,299,6902017Assets 2018: $3,273,432Liabilities 2018: $12,007Net Assets 2018: $3,261,4252018Assets 2019: $3,378,213Liabilities 2019: $37,831Net Assets 2019: $3,340,3822019Assets 2020: $3,624,668Liabilities 2020: $165,984Net Assets 2020: $3,458,6842020Assets 2021: $3,526,365Liabilities 2021: $61,664Net Assets 2021: $3,464,7012021Assets 2022: $3,520,362Liabilities 2022: $18,384Net Assets 2022: $3,501,9782022Assets 2023: $3,701,276Liabilities 2023: $62,363Net Assets 2023: $3,638,9132023Assets 2024: $3,453,144Liabilities 2024: $48,567Net Assets 2024: $3,404,5772024

Highlighted filing

2017

Assets$3,346,576
Liabilities$46,886
Net Assets$3,299,690

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $744,2972010Expenses 2011: $823,5702011Expenses 2012: $874,3942012Revenue 2013: $768,445Expenses 2013: $848,165Net Income 2013: -$79,7202013Revenue 2014: $1,010,353Expenses 2014: $899,873Net Income 2014: $110,4802014Revenue 2015: $850,994Expenses 2015: $942,490Net Income 2015: -$91,4962015Revenue 2016: $1,108,688Expenses 2016: $971,507Net Income 2016: $137,1812016Revenue 2017: $1,029,257Expenses 2017: $972,165Net Income 2017: $57,0922017Revenue 2018: $976,506Expenses 2018: $1,014,771Net Income 2018: -$38,2652018Revenue 2019: $1,184,082Expenses 2019: $1,105,125Net Income 2019: $78,9572019Revenue 2020: $1,351,258Expenses 2020: $1,232,956Net Income 2020: $118,3022020Revenue 2021: $1,353,385Expenses 2021: $1,347,368Net Income 2021: $6,0172021Revenue 2022: $1,371,540Expenses 2022: $1,307,649Net Income 2022: $63,8912022Revenue 2023: $1,350,019Expenses 2023: $1,316,594Net Income 2023: $33,4252023Revenue 2024: $1,202,969Expenses 2024: $1,437,305Net Income 2024: -$234,3362024

Highlighted filing

2017

Revenue$1,029,257
Expenses$972,165
Net Income$57,092
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 27, 2018
Return Version
2017v2.2
Gross Receipts
$1,121,131
Mission and Program Overview

Mission

Midland fair havens equips single mothers and their children for self-sufficient living by addressing thier educational, vocational, spiritual, and emotional needs in residential and non-residential settings.

Midland fair havens is a faith-based, non-profit organization that provides supportive services to determined single mothers and their children, so that they may become healthy, self-sufficient families. These include secure housing, vocational and life skills education, case management, and basic needs assistance.midland fair havens services women with preteen children who are homeless or who are in danger of becoming homeless. Even though they are coming from different types of backgrounds and situations, all of these mothers are highly motivated to make the necessary lifestyle changes that will lead to a stable home life. They leave unhealthy relationships and environments to further their education, learn crucial life skills and strengthen themselves emotionally and spiritually so that they can build a brighter future for their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,036,799$1,964,536▼ $72,263
Savings and Temporary Cash Investments$836,000$929,500▲ $93,500
Cash and Non-Interest-Bearing Accounts$337,572$347,888▲ $10,316
Pledges and Grants Receivable$63,764$78,632▲ $14,868
Prepaid Expenses and Deferred Charges$23,928$26,020▲ $2,092
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,298,063$3,346,576▲ $48,513
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$55,465$46,886▼ $8,579
Total Liabilities$55,465$46,886▼ $8,579
Net Assets / Fund Balance
Unrestricted Net Assets$3,105,845$3,178,015▲ $72,170
Temporarily Rstr Net Assets$136,753$121,675▼ $15,078
Total Net Assets Fund Balance$3,242,598$3,299,690▲ $57,092
Total Liabilities and Net Assets / Fund Balance$3,298,063$3,346,576▲ $48,513

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,776,508$1,170,997$2,947,505
Other Land Buildings$51,961$212,940$264,901
Equipment$65,407$115,621$181,028
Land$70,660-$70,660
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Diann KoehlExecutive DirectorFT$114,068$114,068
Jerri RiplingerFinance DirectoFT$93,444$93,444

Board Members and Trustees

NameTitle
Tim CulpPresident
Shawnna BorenVice President
Barry ThomasDirector
Cindy BlackDirector
George FierroDirector
Norma DuranDirector
Sharon WebbDirector
Tom VermillionDirector
Valerie TinkerDirector
Karen DavisSecretary
John BergmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$606,118
Program Service Revenue
$0
Investment Income
$1,528
Other Revenue
$421,611
All Other Contributions
$606,118
Change in Net Assets
$57,092

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,054,263
Revenue Not Reported on Financial Statements
$-25,006
Other Revenue Adjustments
$-25,006
Total Revenue per Audited Statements
$1,054,263
Total Revenue per Form 990
$1,029,257
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$534,131
Other Expenses$438,034
Total Fundraising Expense$131,063
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$190,126$489$53,528$244,143
Current Officers, Directors, Trustees, and Key Employees$87,234$66,750$22,116$176,100
Depreciation Depletion$134,815$1,135$3,459$139,409
Occupancy$64,188$1,869$1,602$67,659
Other Employee Benefits$37,661$9,130$10,271$57,062
All Other Expenses$31,188$5,886$11,836$48,910
Payroll Taxes$21,534$5,221$5,873$32,628
Pension Plan Contributions$15,971$3,871$4,356$24,198
Other Expenses$20,483$531$303$20,483
Insurance$8,410$1,465$1,648$11,523
Fees for Services Accounting-$11,350-$11,350
Conferences and Meetings$3,305$4,081$355$7,741
Advertising$327-$6,723$7,050
Office Expenses$4,257$784$600$5,641
Total Functional Expenses$721,079$120,023$131,063$972,165

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$997,171
Expenses per Audited Statements$972,165
Total Expenses per Form 990$972,165
Expenses Not Reported on Form 990$25,006
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$499,861
Fundraising Direct Expenses$91,874
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gingerbread Haven$499,861$499,861$86,270$413,591
Total Events$499,861$499,861$91,874$407,987
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Line 11B: Form 990 Review Process

The 990 is reviewd by the the finance director who compares the 990 to the related audit. Then, the executive director and the board treasurer review the 990. Then, the finance committee will review the 990 and related audit. The 990 and the audit are then presented to the board for their approval before the 990 is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All board members and staff complete a Conflict-of-Interest Disclosure Statement annually which is maintained on file at the Organization's office.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board of directors use the most current salary survey from the local non-profit management center as well as other reliable sources of comparable data to determine that the executive directors salary is comparable, competitive and in range with other non-profit agencies.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Our governing documents, polices and financial statements are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Midland Fair Havens
EIN
75-2627746
Phone
4326893411
Address
2400 WHITMIRE BLVD, MIDLAND, TX 79705

Signing Officer

Name
Diann Koehl
Title
Executive Director
Signed
2018-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diann Koehl
Formed
1997
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
9
Volunteers
285

Preparer

Firm
C Marc Martin CPA
Address
PO Box 1775, Midland, TX 79702-1775
Preparer
C Marc Martin CPA
Phone
4326850094
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization adheres to accounting standards for uncertain income tax positions, which would require additional disclosure. This applies to positions taken or expected to be taken in a tax return. The organization does not believe its financial statements include any uncertain tax positions.

Part XII, Line 2D: Other expenses and losses per audited F/S

Fundraising expenses $25006

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt12FINANCE DIRECTO
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IRS990/InsuranceGrp/TotalAmt011523
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0MIDLAND FAIR HAVENS EQUIPS SINGLE MOTHERS AND THEIR CHILDREN FOR SELF-SUFFICIENT LIVING BY ADDRESSING THIER EDUCATIONAL, VOCATIONAL, SPIRITUAL, AND EMOTIONAL NEEDS IN RESIDENTIAL AND NON-RESIDENTIAL SETTINGS.
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoncashContributionsAmt07437
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IRS990/OccupancyGrp/FundraisingAmt01602
IRS990/OccupancyGrp/ManagementAndGeneralAmt01869
IRS990/OccupancyGrp/ProgramServicesAmt064188
IRS990/OccupancyGrp/TotalAmt067659
IRS990/OfficeExpensesGrp/FundraisingAmt0600
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0784
IRS990/OfficeExpensesGrp/ProgramServicesAmt04257
IRS990/OfficeExpensesGrp/TotalAmt05641
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt010271
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09130
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt037661
IRS990/OtherEmployeeBenefitsGrp/TotalAmt057062
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IRS990/OtherExpensesGrp/Desc1CONTRACT labor
IRS990/OtherExpensesGrp/Desc2UTILITIES
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IRS990/OtherExpensesGrp/FundraisingAmt1303
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07461
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1531
IRS990/OtherExpensesGrp/ProgramServicesAmt047707
IRS990/OtherExpensesGrp/ProgramServicesAmt130774
IRS990/OtherExpensesGrp/ProgramServicesAmt223099
IRS990/OtherExpensesGrp/ProgramServicesAmt320483
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IRS990/OtherExpensesGrp/TotalAmt146628
IRS990/OtherExpensesGrp/TotalAmt223933
IRS990/OtherExpensesGrp/TotalAmt320483
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/FundraisingAmt05873
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05221
IRS990/PayrollTaxesGrp/ProgramServicesAmt021534
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026020
IRS990/PrincipalOfficerNm0DIANN KOEHL
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE CHILDREN'S ENRICHMENT PROGRAM OFFERS JUNIOR LIFE SKILLS, TUTORING AND ENRICHMENT OPPORTUNITIES TO THE NEXT GENERATION, TO IMPROVE THEIR OPPORTUNITIES FOR SUCCESS AND A BRIGHTER FUTURE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE NON-RESIDENTIAL PROGRAM OFFERS BASIC NEEDS ASSISTANCE, A HOMELESSNESS PREVENTION PROGRAM HELPING FAMILIES WITH RENT OR UTILITIES ASSISTANCE TO PREVENT EVICTION OR TERMINATION OF SERVICES, ALONG WITH INFORMATION AND REFERRAL.
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IRS990/PYTotalRevenueAmt01108688
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0629923
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0764295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0629678
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02947
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02310
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02020
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt013624
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06897
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05620
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05690
IRS990ScheduleA/OtherIncome170Grp/TotalAmt036223
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0759489

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.45$0.05$3.40$1.20$1.44$0.23
2023Detailed filing. Detailed filing data is available for this year.$3.70$0.06$3.64$1.35$1.32$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.52$0.02$3.50$1.37$1.31$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.53$0.06$3.46$1.35$1.35$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.62$0.17$3.46$1.35$1.23$0.12
2019Detailed filing. Detailed filing data is available for this year.$3.38$0.04$3.34$1.18$1.11$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.27$0.01$3.26$0.98$1.01$0.04
2017Detailed filing. Detailed filing data is available for this year.$3.35$0.05$3.30$1.03$0.97$0.06
2016Detailed filing. Detailed filing data is available for this year.$3.30$0.06$3.24$1.11$0.97$0.14
2015Detailed filing. Detailed filing data is available for this year.$3.14$0.03$3.11$0.85$0.94$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.21$0.02$3.20$1.01$0.90$0.11
2013Detailed filing. Detailed filing data is available for this year.$3.11$0.02$3.09$0.77$0.85$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.03$3.17$0.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$0.01$3.30$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$0.02$3.32$0.74