Haven Ministries 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 6/4/2021. To update the information in this column, please email: info@ministrywatch.com
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.
Contact information
Mailing address:
Haven Ministries
P.O. Box 79997
Riverside, CA 92513-1997
Website: www.haventoday.org
Phone: 1-800-654-2836
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: 1959
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.
Our Vision: We engage and encourage people to behold and follow Jesus Christ.
Mission statement
We engage and encourage people through digital print, prayer and broadcast ministries that are all about Jesus.
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
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Educational Media
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 162 of 940 | 11 of 51 |
| Fund acquisition rating | | 509 of 942 | 28 of 51 |
| Resource allocation rating | | 268 of 942 | 17 of 51 |
| Asset utilization rating | | 91 of 940 | 5 of 51 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 8% | 10% | 9% | 9% | 9% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 8% | 10% | 9% | 8% | 9% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 99% | 100% | 100% | 98% | 101% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 8% | 9% | 9% | 8% | 9% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 1% | 0% | 0% | 2% | -1% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 81% | 86% | 84% | 85% | 85% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 96% | 106% | 103% | 106% | 101% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 82% | 89% | 88% | 90% | 86% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 4% | -6% | -3% | -6% | -1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 36% | -68% | -24% | -39% | -6% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 6% | 7% | 6% | 7% | 6% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.92 | 3.36 | 4.53 | 3.79 | 4.16 | 3.27 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.38 | 1.22 | 1.39 | 1.21 | 1.19 | 1.16 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.74 | 4.11 | 6.27 | 4.59 | 4.95 | 3.78 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 8.16 | 1.62 | 1.36 | 1.90 | 3.28 | 5.19 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.11 | 0.62 | 0.74 | 0.53 | 0.30 | 0.19 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.69 | 1.12 | 0.50 | 1.24 | 1.69 | 2.56 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 14% | 57% | 63% | 52% | 38% | 33% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 85% | 13% | 8% | 13% | 15% | 21% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $612,918 | $289,056 | $544,739 | $325,722 | $410,719 |
| Receivables, inventories, prepaids | $76,745 | $105,080 | $78,375 | $96,838 | $88,589 |
| Short-term investments | $183,777 | $181,971 | $226,458 | $401,197 | $590,929 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $873,440 | $576,107 | $849,572 | $823,757 | $1,090,237 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $191,681 | $217,444 | $175,463 | $152,435 | $165,684 |
| Other long-term assets | $4,517 | $4,517 | $4,517 | $3,490 | $3,490 |
| Total long-term assets | $196,198 | $221,961 | $179,980 | $155,925 | $169,174 |
| Total assets | $1,069,638 | $798,068 | $1,029,552 | $979,682 | $1,259,411 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $513,431 | $358,917 | $411,434 | $248,657 | $206,477 |
| Other current liabilities | $24,833 | $65,201 | $34,851 | $2,254 | $3,778 |
| Total current liabilities | $538,264 | $424,118 | $446,285 | $250,911 | $210,255 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $76,116 | $80,595 | $89,895 | $119,233 | $203,144 |
| Total long-term liabilities | $76,116 | $80,595 | $89,895 | $119,233 | $203,144 |
| Total liabilities | $614,380 | $504,713 | $536,180 | $370,144 | $413,399 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $406,048 | $189,907 | $294,704 | $508,577 | $796,512 |
| With donor restrictions | $49,210 | $103,448 | $198,668 | $100,961 | $49,500 |
| Net assets | $455,258 | $293,355 | $493,372 | $609,538 | $846,012 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $3,701,793 | $3,414,919 | $3,777,326 | $3,753,162 | $4,101,634 |
| Program service revenue | $52,827 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $14,620 | $8,407 | $10,789 | $7,931 | ($6,866) |
| Other revenue | ($16,146) | ($11,341) | ($1,249) | $80,960 | ($25,060) |
| Total other revenue | $51,301 | ($2,934) | $9,540 | $88,891 | ($31,926) |
| Total revenue | $3,753,094 | $3,411,985 | $3,786,866 | $3,842,053 | $4,069,708 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $3,073,006 | $3,047,920 | $3,336,312 | $3,472,843 | $3,511,659 |
| Management and general | $231,170 | $237,128 | $224,993 | $280,699 | $255,096 |
| Fundraising | $287,015 | $326,954 | $341,728 | $324,985 | $356,206 |
| Total expenses | $3,591,191 | $3,612,002 | $3,903,033 | $4,078,527 | $4,122,961 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $161,903 | ($200,017) | ($116,167) | ($236,474) | ($53,253) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $161,903 | ($200,017) | ($116,167) | ($236,474) | ($53,253) |
Compensation
| Name | Title | Compensation |
| Charles Morris | President | $132,620 |
| La Hanna Lopez | Vice President | $112,867 |
Compensation data as of: 6/30/2020
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 6/4/2021. To update the information below, please email: info@ministrywatch.com
History
Founded in 1934, Haven Ministries has always had a simple mission: to tell the world all about Jesus.
It started on an early foggy morning in 1934, when Paul Myers, a former Los Angeles radio personality and station manager of leading radio stations woke up near a wharf in San Diego. Hungover, he heard the sound of a ship's bell ring out eight times at 4:00 a.m., signaling "all's well." It was a Sunday morning and Myers knew that all was not well with him. He got up and spent his last pennies on a small breakfast instead of more alcohol and went to church. He was turned away because of his appearance but went back to his cheap hotel room and started reading the Gideon's Bible. That day he met Jesus.
Only one month later, Myers was back on the radio, but this time, sharing his new-found faith. He founded a Christian radio program called, "Haven of Rest" that began each program with the words he heard the day of his salvation,
"AHOY THERE SHIPMATE ... EIGHT BELLS AND ALL'S WELL."
Today, the daily broadcast - called HAVEN Today - airs on more than 650 stations in North America and around the world with a daily listenership of over 500,000.
In addition, the printed ANCHOR Devotional encourages thousands through print to live their lives in real rest and peace, in Christ.
In January, 2015, Anchor Today, launched as a one minute audio version of the daily devotional. Voiced by Charles Morris, Anchor Today is heard on about 450 stations across North America.
In February of 2018, Haven Ministries started our first ever Spanish-speaking radio program for believers and non-believers alike. El Faro de Redencin, or "Redemption Lighthouse" is voiced by Dan Warne. It began on a 500,000 watt station on the Caribbean island of Bonaire and covers the entire nation of Cuba. One year after going on the air, El Faro now reaches into more than 30 countries around the world every day where Spanish is the primary language spoken and heard.
Program accomplishments
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.