Youth Haven 
The information on this page was last updated 4/3/2023. If you see errors or omissions, please email: [email protected]
Summary
We're more than a camp for at-risk children. We're a part of their lives.
Contact information
Mailing address:
Youth Haven
PO Box 97
Rives Jct, MI 49277
Website: youthhaven.org
Phone: (517) 569-3328
Email: [email protected]
Organization details
EIN: 381882052
CEO/President: Lars Carlson
Chairman: Larry Carlson
Board size: 9
Founder: Larry Carlson
Ruling year: 1969
Tax deductible: Yes
Fiscal year end: 08/31
Member of ECFA: Yes
Member of ECFA since: 1989
Purpose
Youth Haven is committed to meeting the physical, emotional, and spiritual needs of disadvantaged children. This includes boys and girls living in foster care, single-parent families, or low-income homes, as well as children who have experienced abuse, neglect, gang violence, or even a parent in prison.
Mission statement
Our mission is to provide life-changing, Christ-centered experiences for disadvantaged children.
Statement of faith
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Camps/Conference Centers
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 352 of 1077 | 10 of 36 |
| Fund acquisition rating | | 578 of 1078 | 18 of 37 |
| Resource allocation rating | | 396 of 1078 | 13 of 37 |
| Asset utilization rating | | 347 of 1077 | 13 of 36 |
Financial ratios
| Funding ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 6% | 6% | 8% | 5% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 5% | 6% | 8% | 5% | 7% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 47% | 98% | 104% | 98% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 3% | 6% | 7% | 9% | 7% | 8% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 53% | 2% | -4% | 2% | 0% | 0% |
| Operating ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 85% | 85% | 83% | 83% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 93% | 90% | 91% | 72% | 90% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 79% | 76% | 76% | 60% | 74% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 7% | 10% | 9% | 28% | 10% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 4% | 6% | 7% | 26% | 9% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 17% | 10% | 9% | 8% | 10% | 9% |
| Investing ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.35 | 0.52 | 0.54 | 0.67 | 0.65 | 0.81 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 5.51 | 1.98 | 1.99 | 2.06 | 2.31 | 3.01 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.93 | 1.04 | 1.07 | 1.38 | 1.51 | 2.43 |
| Liquidity ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 3.79 | 24.31 | 32.88 | 32.71 | 22.02 | 9.29 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.27 | 0.04 | 0.03 | 0.03 | 0.05 | 0.11 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.78 | 11.10 | 10.92 | 8.43 | 7.60 | 4.41 |
| Solvency ratios | Sector median | 2021 | 2020 | 2019 | 2018 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 14% | 2% | 6% | 1% | 2% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 3% | 0% | 5% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 244% | 187% | 175% | 147% | 150% | 120% |
Financials
| Balance sheet | |||||
| Assets | 2021 | 2020 | 2019 | 2018 | 2016 |
| Cash | $228,732 | $507,573 | $489,383 | $1,136,934 | $615,507 |
| Receivables, inventories, prepaids | $10,194 | $8,207 | $12,509 | $19,265 | $38,161 |
| Short-term investments | $2,095,897 | $1,636,931 | $1,175,785 | $213,260 | $109,998 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,334,823 | $2,152,711 | $1,677,677 | $1,369,459 | $763,666 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $2,298,257 | $2,131,975 | $1,776,224 | $1,789,253 | $1,536,694 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $2,298,257 | $2,131,975 | $1,776,224 | $1,789,253 | $1,536,694 |
| Total assets | $4,633,080 | $4,284,686 | $3,453,901 | $3,158,712 | $2,300,360 |
| Liabilities | 2021 | 2020 | 2019 | 2018 | 2016 |
| Payables and accrued expenses | $96,027 | $65,468 | $51,295 | $62,196 | $82,226 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $96,027 | $65,468 | $51,295 | $62,196 | $82,226 |
| Debt | $0 | $198,819 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $198,819 | $0 | $0 | $0 |
| Total liabilities | $96,027 | $264,287 | $51,295 | $62,196 | $82,226 |
| Net assets | 2021 | 2020 | 2019 | 2018 | 2016 |
| Without donor restrictions | $4,390,745 | $3,922,333 | $3,338,390 | $3,044,293 | $2,193,134 |
| With donor restrictions | $146,308 | $98,066 | $64,216 | $52,223 | $25,000 |
| Net assets | $4,537,053 | $4,020,399 | $3,402,606 | $3,096,516 | $2,218,134 |
| Revenues and expenses | |||||
| Revenue | 2021 | 2020 | 2019 | 2018 | 2016 |
| Total contributions | $2,549,927 | $2,657,018 | $2,508,052 | $2,875,450 | $2,059,172 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $33,640 | ($112,592) | $50,226 | $7,909 | $2,270 |
| Other revenue | $21,867 | ($1,190) | ($7,255) | ($11,778) | $0 |
| Total other revenue | $55,507 | ($113,782) | $42,971 | ($3,869) | $2,270 |
| Total revenue | $2,605,434 | $2,543,236 | $2,551,023 | $2,871,581 | $2,061,442 |
| Expenses | 2021 | 2020 | 2019 | 2018 | 2016 |
| Program services | $2,046,701 | $1,942,538 | $1,928,655 | $1,720,838 | $1,529,932 |
| Management and general | $231,387 | $202,047 | $188,145 | $201,367 | $172,660 |
| Fundraising | $142,148 | $149,974 | $199,662 | $140,650 | $150,623 |
| Total expenses | $2,420,236 | $2,294,559 | $2,316,462 | $2,062,855 | $1,853,215 |
| Change in net assets | 2021 | 2020 | 2019 | 2018 | 2016 |
| Surplus (deficit) | $185,198 | $248,677 | $234,561 | $808,726 | $208,227 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $185,198 | $248,677 | $234,561 | $808,726 | $208,227 |
Compensation
| Name | Title | Compensation |
| Lars E Carlson | President & CEO | $108,719 |
| Larry J Carlson | Chairman | $42,261 |
Compensation data as of: 8/31/2020
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/3/2023. To update the information below, please email: [email protected]