Agape House of Prescott

Summary

We are Agape House of Prescott. We are a faith based, non-profit organization, dedicated to helping homeless families. Transitional housing for families is paramount to families staying together, getting back on their feet and moving forward again. Agape House of Prescott helps these families by providing private family units, counseling, career coaching, life - skills training and referral services.

Form 990-EZ filed until 2018.


Contact information

Mailing address:
Agape House of Prescott
303 E. Gurley St #459
Prescott, AZ 86301

Website: agapehouseprescott.org

Phone: 928-910-1089

Email: office.agapeprescott@gmail.com


Organization details

EIN: 461821459

CEO/President: Jim Flower

Chairman: Jim Flower

Board size: 5

Founder:

Year founded: 2014

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

We will endeavor to instill success and confidence while keeping the family unit intact. We will provide families with safe temporary housing, while emphasizing accountability and action on the part of the clients. An independent functioning household is our goal. Dignity and self-respect are our aspirations. In short we provide hope to families.


Mission statement

Agape House of Prescott exists to provide long term transitional housing for families who are without a residence. We actively seek to keep the families together while helping facilitate additional support services in order to equip the families for an independent and self-sustained future.


Statement of faith

We believe the Bible to be the inspired, the only infallible, authoritative Word of God. (2 Timothy 3:16)

We believe that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit. (Matthew 28:19)

We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory. (Luke 1:34-35)

We believe that for the salvation of lost and sinful people, regeneration by the Holy Spirit is absolutely essential. (Eph 1:13-14)

We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life. (Gal 5: 22-25)

We believe Jesus's words in John 14:6 "I am the way, the truth, and the life. No one comes to the Father except through Me."

We believe in the spiritual unity of believers in our Lord Jesus Christ. (Eph 4: 12-13)

We believe in recognizing the dignity of each person, caring and upholding them as people who matter to God. Matthew 25:40 "Assuredly, I say to you, inasmuch as you did it to one of the least of these My brethren, you did it to Me."

I commit to not participate in denominational controversies such as, but not limited to, the following: day & type of worship, communion preparation & service, creation theories, family roles or structure, grace vs. holiness living, baptism rituals & traditions, gifts of the Holy Spirit, service order, dietary & cultural differences, end of the world controversies, old vs. new covenant traditions, or political/ racial supremacy. (2 Timothy 2:23)

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating651 of 772126 of 146
Fund acquisition rating319 of 77367 of 146
Resource allocation rating635 of 773117 of 146
Asset utilization rating705 of 772139 of 146

Financial ratios

Funding ratiosSector median20192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%9%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%8%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
90%95%104%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%13%17%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
10%5%-4%
 
Operating ratiosSector median20192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%67%64%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%64%52%
Program output ratio Program output ratio =
Program services /
Total revenue
76%42%33%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%36%48%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%32%44%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%20%19%
 
Investing ratiosSector median20192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.210.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.899.421.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.571.940.47
 
Liquidity ratiosSector median20192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.190.1775.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.085.940.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.07-30.5224.93
 
Solvency ratiosSector median20192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%63%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
139%180%208%

Financials

Balance sheet
 
Assets20192018
Cash$100,074$243,226
Receivables, inventories, prepaids$600$0
Short-term investments$0$0
Other current assets$0$0
Total current assets$100,674$243,226
Long-term investments$0$0
Fixed assets$848,085$0
Other long-term assets$0$0
Total long-term assets$848,085$0
Total assets$948,759$243,226
 
Liabilities20192018
Payables and accrued expenses$2,202$3,243
Other current liabilities$595,400$0
Total current liabilities$597,602$3,243
Debt$0$0
Due to (from) affiliates$0$0
Other long-term liabilities$0$0
Total long-term liabilities$0$0
Total liabilities$597,602$3,243
 
Net assets20192018
Unrestricted$0$202,816
Temporarily restricted$0$37,167
Permanently restricted$0$0
Net assets$351,157$239,983
 
Revenues and expenses
 
Revenue20192018
Total contributions$290,970$228,729
Program service revenue$0$0
Membership dues$0$0
Investment income$21$8
Other revenue$15,595($8,343)
Total other revenue$15,616($8,335)
Total revenue$306,586$220,394
 
Expenses20192018
Program services$130,133$73,794
Management and general$39,821$21,568
Fundraising$25,457$20,161
Total expenses$195,411$115,523
 
Change in net assets20192018
Surplus (deficit)$111,175$104,871
Other changes in net assets$0$0
Total change in net assets$111,175$104,871

Compensation

NameTitleCompensation
Becky MitchellSecretaryRecorder$24,469
Jim FlowerChairExecutive Director$5,291

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


History


Program accomplishments

Over the past seven years, the Agape House of Prescott has become an important part of the solution to homelessness in the Prescott area. We are the only organization in the area which offers a support structure that keeps homeless families together to facilitate a return to long-term independence.


Needs