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Passes our checks

Raquans Haven Inc

EIN 35-2244297 · Waukegan, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak47 out of 100GovernanceFair62 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It reported loans to or from officers, directors or other insiders.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

Raquans Haven is a 501c3 nonprofit organization dedicated to empowering women & single mothers to live safe, and progressive lives. We fulfill this mission by providing transitional and affordable housing, along with the tools and resources necessary for long-term stability and success.

Income
$114,421
Spending
$84,752
Spent on programs
95%
Reserves
-72.1 months of spending
Largest source of income
fees for its services, 56%
Employees
0
Volunteers
30

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 47 out of 100.

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    2 of 20

    It owes 82% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 26% of income.

  • Income trend

    15 of 15

    Income rose 29% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 62 out of 100.

  • Independent board

    5 of 25

    1 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    0 of 10

    Reports at least one of: diversion of assets, excess benefits, loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $65,200 spent. Raquans Haven provides faith-based housing and supportive services to women and families experiencing housing instability. During the 2024 tax year, the organization provided stable housing to 6 families, including 4 single mothers and their children, totaling 12 children served. Additionally, the organization assisted 1 single disabled woman facing homelessness by securing permanent housing. In 2024, the organization expanded its housing capacity by purchasing a new affordable housing unit with the assistance of a partial housing grant and financing from a community lending partner. The objective of this program is to provide immediate safe and stable housing to vulnerable individuals and families. The long-term goal is to reduce homelessness among women and children by increasing access to affordable housing and supportive services that promote long-term stability and independence.
  2. $13,732 spent. Raquans Haven is developing a transitional housing program to provide short-term housing and stabilization services to women and single mothers facing homelessness. During the 2024 tax year, the organization continued renovation efforts on its transitional housing property, including maintenance, utilities, insurance, and security-related expenses. The transitional housing program is expected to be completed in 2026 and will provide housing for up to 8 women and single mothers at a time, offering a safe environment and supportive services designed to transition participants into permanent housing. The objective of this program is to expand the organizations capacity to serve women in crisis. The long-term goal is to provide structured transitional housing that supports stability, self-sufficiency, and successful long-term housing outcomes.
  3. $1,668 spent. Raquans Haven provides resource assistance and mentorship to young women experiencing hardship. During the 2024 tax year, the organization distributed $1,668 in financial assistance grants to support immediate needs and reduce financial barriers. In addition, the organization provided mentorship support focused on personal development and financial literacy, equipping participants with tools for budgeting, financial planning, and long-term stability (number of sessions estimated). The organization also began connecting participants to external resources, including community-based services and support networks. The objective of this program is to provide immediate relief while equipping participants with access to resources, guidance, and support systems. The long-term goal is to expand services to include advocacy, job readiness support, referrals, and training opportunities that promote self-sufficiency, financial independence, and improved life outcomes for women served.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.