Haven Ministries

Summary

It's been more than eight decades since the founder of Haven Ministries, First Mate Bob, broadcast the inaugural radio program with its "eight bells and all is well." Although our presentation has changed, the message is still the same. All is well for those who have found a haven in the only reliable source there is, Jesus Christ. Today, the Haven broadcast can be heard on hundreds of stations across North America, Africa, the Philippines, and Asia. Haven's speaker, Charles Morris, carefully ties the message of our hope in Christ to significant national and world events. With a commitment to biblical truth, warm communication and uplifting music, Haven Today points us to the only lasting solution to life's problems--Jesus Christ.

This organization is a nonprofit, contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
P.O. Box 79997
Riverside, CA 92513-1997

Website: www.haventoday.org

Phone:

Email: ministry@haventoday.org


Organization details

EIN: 951866067

CEO/President: Charles Morris

Chairman: Mr. Richard Streza

Board size: 8

Founder: Mr. Paul Myers

Year founded: 1934

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

We believe that every person's greatest daily need is a fresh encounter with Jesus Christ. For this reason, Haven Ministries exists to help lead people into a deeper relationship with the Savior.

This organization is a nonprofit, contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

Haven communicates its mission as follows:

Haven Ministries' mission is to communicate God's love in the person of the Lord Jesus Christ through word and music via Christian radio, the Internet, musical albums and the printed word.


Statement of faith

Haven subscribes to the following statement of faith:

We believe the Holy Scriptures are God's Word, divinely inspired, infallible, the supreme authority in all matters of faith and conduct.

We believe in one God, eternally existent in three persons, Father, Son and Holy Spirit.

We believe in the Lord Jesus Christ, his full divinity, his virgin birth, his sinless humanity, his atoning death, his bodily resurrection, his ascension, his present mediatorial work at the right hand of God and his personal imminent return in power and glory.

We believe there is salvation for sinners through the death and resurrection of the Lord Jesus Christ by grace through faith, apart from works.

We believe the church is commissioned by Christ to go into the world and make disciples of all nations.

We believe there will be a resurrection and a final judgment; the lost will be eternally condemned and the saved will enter into their inheritance in the new heavens and the new earth.

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Educational Media

CategoryRatingOverall rankSector rank
Overall efficiency rating172 of 59216 of 52
Fund acquisition rating411 of 59229 of 52
Resource allocation rating221 of 59219 of 52
Asset utilization rating55 of 5926 of 52

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%10%9%9%9%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%10%9%8%9%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%100%100%98%101%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%9%9%8%9%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%0%0%2%-1%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%84%85%85%85%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%106%103%106%101%100%
Program output ratio Program output ratio =
Program services /
Total revenue
80%89%88%90%86%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%-6%-3%-6%-1%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-68%-24%-39%-6%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%7%6%7%6%5%
 
Investing ratiosMedian measure
for all ministries
in MW database
20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.044.533.794.163.272.78
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.731.391.211.191.161.04
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.186.274.594.953.782.90
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.791.361.903.285.195.02
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.740.530.300.190.20
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.730.501.241.692.563.32
 
Solvency ratiosMedian % for
all ministries in
MW database
20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%63%52%38%33%35%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
77%8%13%15%21%24%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$289,056$544,739$325,722$410,719$439,754
Receivables, inventories, prepaids$105,080$78,375$96,838$88,589$105,167
Short-term investments$181,971$226,458$401,197$590,929$772,818
Other current assets$0$0$0$0$0
Total current assets$576,107$849,572$823,757$1,090,237$1,317,739
Long-term investments$0$0$0$0$0
Fixed assets$217,444$175,463$152,435$165,684$53,710
Other long-term assets$4,517$4,517$3,490$3,490$3,490
Total long-term assets$221,961$179,980$155,925$169,174$57,200
Total assets$798,068$1,029,552$979,682$1,259,411$1,374,939
 
Liabilities20192018201720162015
Payables and accrued expenses$358,917$411,434$248,657$206,477$262,348
Other current liabilities$65,201$34,851$2,254$3,778$0
Total current liabilities$424,118$446,285$250,911$210,255$262,348
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$80,595$89,895$119,233$203,144$213,326
Total long-term liabilities$80,595$89,895$119,233$203,144$213,326
Total liabilities$504,713$536,180$370,144$413,399$475,674
 
Net assets20192018201720162015
Unrestricted$189,907$294,704$508,577$796,512$807,558
Temporarily restricted$103,448$198,668$51,461$0$42,207
Permanently restricted$0$0$49,500$49,500$49,500
Net assets$293,355$493,372$609,538$846,012$899,265
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$3,414,919$3,777,326$3,753,162$4,101,634$3,829,227
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$8,407$10,789$7,931($6,866)($4,459)
Other revenue($11,341)($1,249)$80,960($25,060)($9,913)
Total other revenue($2,934)$9,540$88,891($31,926)($14,372)
Total revenue$3,411,985$3,786,866$3,842,053$4,069,708$3,814,855
 
Expenses20192018201720162015
Program services$3,047,920$3,336,312$3,472,843$3,511,659$3,294,725
Management and general$237,128$224,993$280,699$255,096$206,882
Fundraising$326,954$341,728$324,985$356,206$314,220
Total expenses$3,612,002$3,903,033$4,078,527$4,122,961$3,815,827
 
Change in net assets20192018201720162015
Surplus (deficit)($200,017)($116,167)($236,474)($53,253)($972)
Other changes in net assets$0$0$0$0$0
Total change in net assets($200,017)($116,167)($236,474)($53,253)($972)

Response from ministry

No response has been provided by this ministry.


History

A well-known and respected Los Angeles radio personality in the early 1930's, Paul Myers' life was out of control. His success had brought him no happiness and his alcoholism had even forced his wife to kick him out, though she continued to pray for his salvation and recovery.

Reduced to the life of a homeless alcoholic, Paul Myers sought refuge in a San Diego church service. After being turned away because of his repellent and drunken appearance, Myers went back to his cheap hotel and started reading the Gideon Bible. Convicted of his sin and devastated by his circumstances, he sought forgiveness and professed faith in Christ. One month later he was back on the radio, but this time as a broken man saved by grace -- it was 1934 and The Haven of Rest radio broadcast had begun.

Since that time, God has used this ministry to bring thousands to faith in Christ. Now called HAVEN Today, the daily broadcast airs on more than 600 stations in North America and around the world. Through the Anchor daily devotional guide, thousands more are encouraged each day to live their lives through Christ and for Christ.

Haven Ministries is united with one common purpose . . . to tell the Great Story that's all about Jesus.


Program accomplishments

In 2014 Haven Ministries will celebrate 80 years of ministry and the Anchor Devotional will celebrate 40 years of ministry. Today the ministry of Haven touches millions of lives all over the world for the sake of the gospel.

Recent Accomplishments:

2007 - Haven Today began broadcasting a bilingual version (English/Mandarin) of the program in China.

2010 - the National Religious Broadcasters awarded Haven Today the Long-Form Program of the Year.

2013 - HAVEN Today expanded its ministry with the All About Jesus Blog (allaboutjesusblog.org)

2018 - Haven Ministries began broadcasting a Spanish program called El Faro de Redencion in Cuba and heard around the world.


Needs

Haven is a nonprofit organization that depends on its listener donors for the funding necessary to carry out its mission. The ministry is almost exclusively supported by donations from ministry supporters.