Father Maloneys Boys Haven Inc
- Assets
- $13.7m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 159
- Location
- Louisville, KY
- Founding
- 03/1946
- Data as of
- 12/2023
- EIN
- 61-0479621
Organization Overview
Father Maloneys Boys Haven Inc is located in Louisville, KY. The organization was established in 1946. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 12/2023, Father Maloneys Boys Haven Inc employed 159 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Father Maloneys Boys Haven Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Father Maloneys Boys Haven Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $6.8m during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BOYS & GIRLS HAVEN SHELTERS, HEALS AND TEACHES YOUTH AND FAMILIES, AND EMPOWERS THEM TO FULFILL THEIR POTENTIAL TO BE RESILIENT MEMBERS OF OUR COMMUNITY.
Describe the Organization's Program Activity:
FOSTER CARE SERVICES: THE ORGANIZATION OPERATES A RESIDENTIAL CARE PROGRAM (INCLUDING AN ON CAMPUS SCHOOL) FOR ABUSED AND NEGLECTED BOYS; OFFERS INDEPENDENT LIVING SERVICES FOR HOMELESS YOUNG MEN AND WOMEN AGES 18-23; OPERATES MENTORING AND INDEPENDENT READINESS PROGRAMS; AND PROVIDES THERAPEUTIC FOSTER CARE SERVICES FOR BOYS AND GIRLS UP TO AGE 18.
OUTPATIENT THERAPY: THE ORGANIZATION ADMINISTERS COMMUNITY SERVICES CONSISTING OF COUNSELING AND CASE MANAGEMENT AIMED AT PRESERVING FAMILIES AND PREVENTING CHILDREN FROM BEING PLACED OUTSIDE THE HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Diebold Chair | OfficerTrustee | 2 | $0 |
Milt Tandy Vice Chair | OfficerTrustee | 2 | $0 |
David Worland Treasurer | OfficerTrustee | 2 | $0 |
Christopher Rambicure Secretary | OfficerTrustee | 2 | $0 |
Frank Buster Trustee | Trustee | 2 | $0 |
Lisa Dejaco Crutcher Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $291,737 |
| Related organizations | $0 |
| Government grants | $56,410 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,404,811 |
| Noncash contributions included in lines 1a–1f | $112,170 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,752,958 |
| Total Program Service Revenue | $4,084,431 |
| Investment income | $313,106 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $267,119 |
| Net Income from Fundraising Events | -$18,748 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,727,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $241,336 |
| Compensation of current officers, directors, key employees. | $48,267 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,188,733 |
| Pension plan accruals and contributions | $27,750 |
| Other employee benefits | $370,164 |
| Payroll taxes | $276,092 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $56,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,470 |
| Fees for services: Other | $106,736 |
| Advertising and promotion | $39,230 |
| Office expenses | $52,183 |
| Information technology | $132,252 |
| Royalties | $0 |
| Occupancy | $422,757 |
| Travel | $61,969 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $31,655 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $235,199 |
| Insurance | $271,370 |
| All other expenses | $68,336 |
| Total functional expenses | $6,795,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $405,498 |
| Savings and temporary cash investments | $101,106 |
| Pledges and grants receivable | $249,000 |
| Accounts receivable, net | $352,622 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,835 |
| Net Land, buildings, and equipment | $3,001,091 |
| Investments—publicly traded securities | $8,102,633 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,439,577 |
| Total assets | $13,691,362 |
| Accounts payable and accrued expenses | $335,365 |
| Grants payable | $0 |
| Deferred revenue | $224,278 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $500,092 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $131,644 |
| Total liabilities | $1,191,379 |
| Net assets without donor restrictions | $11,068,433 |
| Net assets with donor restrictions | $1,431,550 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,691,362 |