Hope and Life Outreach

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/6/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

HALO is committed to providing a hand up, not a handout to those we serve. HALO ministry is a privately funded, 501(c)3.


Contact information

Mailing address:
Hope and Life Outreach
119 South Boulevard
Salisbury, MD 21804

Website: haloministry.org

Phone: 410-742-9356

Email: info@haloministry.org


Organization details

EIN: 261691517

CEO/President: Celeste Savage

Chairman: Gary Desjardins

Board size: 8

Founder:

Year founded: 2008

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

From serving meals on the street, to providing a children and youth center for our younger guests, HALO is committed to providing a hand up, not a handout to those we serve.


Mission statement

The mission of Hope And Life Outreach is to provide safe shelter and sustenance to the homeless, hungry, and hurting in our area while we educate and "Love 'Em Like Jesus." Through a multitude of programs and services, with God's provision and direction, we will break the cycle of homelessness in our community.


Statement of faith

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating188 of 91343 of 160
Fund acquisition rating87 of 91515 of 160
Resource allocation rating191 of 91534 of 160
Asset utilization rating620 of 913121 of 160

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%2%6%6%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%2%6%6%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%100%99%98%98%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%3%6%5%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%0%1%2%2%1%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%88%83%83%72%79%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%65%114%119%89%92%
Program output ratio Program output ratio =
Program services /
Total revenue
76%57%95%98%65%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%35%-14%-19%11%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%57%-26%-28%13%10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%9%11%12%28%21%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.360.380.471.091.14
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.763.7410.995.771.591.69
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.261.354.232.721.741.94
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1926.327.018.8332.4227.26
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.040.140.110.030.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.458.572.433.916.705.97
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%66%82%74%2%2%
Debt ratio Debt ratio =
Debt /
Total assets
1%65%81%72%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%95%46%56%90%86%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$159,631$90,440$252,227$349,699$240,779
Receivables, inventories, prepaids$698,870$150,391$139,428$137,565$157,744
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$858,501$240,831$391,655$487,264$398,523
Long-term investments$0$0$0$0$0
Fixed assets$2,349,077$2,407,040$1,869,697$288,816$276,025
Other long-term assets$0$0$0$0$0
Total long-term assets$2,349,077$2,407,040$1,869,697$288,816$276,025
Total assets$3,207,578$2,647,871$2,261,352$776,080$674,548
 
Liabilities20192018201720162015
Payables and accrued expenses$32,617$34,376$44,348$15,028$14,617
Other current liabilities$0$0$0$0$0
Total current liabilities$32,617$34,376$44,348$15,028$14,617
Debt$2,080,699$2,142,846$1,623,432$338$338
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$2,080,699$2,142,846$1,623,432$338$338
Total liabilities$2,113,316$2,177,222$1,667,780$15,366$14,955
 
Net assets20192018201720162015
Without donor restrictions$450,885$470,649$593,572$760,714$659,593
With donor restrictions$643,377$0$0$0$0
Net assets$1,094,262$470,649$593,572$760,714$659,593
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$1,781,321$888,871$884,060$929,434$822,344
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income($2,342)($2,407)($363)$228($3,727)
Other revenue$1,476$9,205$14,294$17,494$15,834
Total other revenue($866)$6,798$13,931$17,722$12,107
Total revenue$1,780,455$895,669$897,991$947,156$834,451
 
Expenses20192018201720162015
Program services$1,020,831$849,287$881,938$613,123$607,944
Management and general$100,231$112,330$126,563$232,913$163,508
Fundraising$35,780$56,975$56,632$0$0
Total expenses$1,156,842$1,018,592$1,065,133$846,036$771,452
 
Change in net assets20192018201720162015
Surplus (deficit)$623,613($122,923)($167,142)$101,120$62,999
Other changes in net assets$0$0$0$0$0
Total change in net assets$623,613($122,923)($167,142)$101,120$62,999

Compensation

NameTitleCompensation
Celeste SavageExecutive Director$56,731

Compensation data as of: 12/31/2019


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 12/6/2020. To update the information below, please email: info@ministrywatch.com


History


Program accomplishments


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