Safe Harbor of NC, Inc.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 1/17/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Safe Harbor is a venue for Co-Ed Recovery and Support Groups.

Safe Harbor's Whole Woman Residential Program is a free year-long residential program for women in recovery that focuses on holistic healing in an intentional Christ-centered community aimed at long-term recovery through connection that empowers women to renew, rebuild and recover.

Safe Harbor's Greenleaf Transitional Housing Program provides low-cost, furnished, clean and safe apartments in a community for women and children looking for structure and support while preparing for successful independent living as they are offered services and taught life skills.

Safe Harbor's Day Center offers a safe place for women and children who are at risk for homelessness to access an array of services through a trained Services Navigator and provides meals, showers, laundry facilities and transportation.

Safe Harbor's On Purpose Classes are designed to help women in our programs and our community discover their purpose in life, their identity in Christ, and experience freedom.


Contact information

Mailing address:
Safe Harbor of NC, Inc.
210 2nd Street SE
Hickory, NC 28602

Website: safeharbornc.org

Phone: 828-326-7233

Email: info@safeharbornc.org


Organization details

EIN: 571215608

CEO/President: Vicki Murray

Chairman: Dr. Scarlet Davis

Board size: 12

Founder: Debbie Haynes

Year founded: 2006

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2010


Purpose

Our Vision: To inspire everyone we encounter to a thriving and purposeful life in Christ.


Mission statement

Providing a Christ-centered community for rebuilding, renewing and recovery.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating650 of 857122 of 155
Fund acquisition rating351 of 85768 of 155
Resource allocation rating743 of 857134 of 155
Asset utilization rating600 of 857120 of 155

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%9%10%7%7%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%8%9%7%7%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%97%99%99%97%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%21%19%9%8%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%3%1%1%3%3%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%55%55%73%74%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%40%51%76%94%94%
Program output ratio Program output ratio =
Program services /
Total revenue
76%22%28%55%70%70%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%60%49%24%6%6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%41%40%19%4%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%24%26%19%18%18%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.270.420.600.740.74
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.782.982.097.6610.9611.44
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.500.810.874.628.158.45
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.28195.41140.9935.0713.8015.27
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.010.010.030.070.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.2314.6913.682.521.371.33
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%0%1%0%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%365%239%165%134%135%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$920,954$787,595$126,958$70,979$64,313
Receivables, inventories, prepaids$10,192$830$1,582$1,762$2,202
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$931,146$788,425$128,540$72,741$66,515
Long-term investments$0$0$0$0$0
Fixed assets$1,822,601$861,346$855,870$723,111$694,708
Other long-term assets$17,124$0$0$1,185$0
Total long-term assets$1,839,725$861,346$855,870$724,296$694,708
Total assets$2,770,871$1,649,771$984,410$797,037$761,223
 
Liabilities20182017201620152014
Payables and accrued expenses$4,765$5,592$3,665$5,270$4,357
Other current liabilities$0$0$0$0$0
Total current liabilities$4,765$5,592$3,665$5,270$4,357
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$3,434$3,611$50$50$51
Total long-term liabilities$3,434$3,611$50$50$51
Total liabilities$8,199$9,203$3,715$5,320$4,408
 
Net assets20182017201620152014
Unrestricted$1,936,801$924,352$935,933$738,483$721,815
Temporarily restricted$807,361$702,216$44,762$53,234$35,000
Permanently restricted$18,510$14,000$0$0$0
Net assets$2,762,672$1,640,568$980,695$791,717$756,815
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$1,826,633$1,329,458$776,862$608,829$578,185
Program service revenue$16,802$31,321$34,981$24,498$21,116
Membership dues$0$0$0$0$0
Investment income$3,242$24$170$16$13
Other revenue$33,944($14,369)($29,539)($5,827)($3,331)
Total other revenue$53,988$16,976$5,612$18,687$17,798
Total revenue$1,880,621$1,346,434$782,474$627,516$595,983
 
Expenses20182017201620152014
Program services$416,327$379,159$430,908$440,719$416,136
Management and general$182,208$179,637$110,152$106,248$103,470
Fundraising$158,239$127,765$52,436$45,647$42,421
Total expenses$756,774$686,561$593,496$592,614$562,027
 
Change in net assets20182017201620152014
Surplus (deficit)$1,123,847$659,873$188,978$34,902$33,956
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,123,847$659,873$188,978$34,902$33,956

Compensation

NameTitleCompensation
Vicki MurrayExecutive Dir.$65,616
Debbie HaynesProg. Director$44,949

Compensation data as of: 12/31/2018


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 1/17/2021. To update the information below, please email: info@ministrywatch.com


History

To see a timeline of Safe Harbor's history, visit: safeharbornc.org/who-we-are/our-history/


Program accomplishments


Needs