Holston United Methodist Home for Children

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/8/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Holston United Methodist Home for Children is a multi service organization. Our foster care and adoption programs serve families in East Tennessee. We also have foster care services in South West Virginia.


Contact information

Mailing address:
Holston United Methodist Home for Children
PO Box 188
Greeneville, TN 37743

Website: holstonhome.org

Phone: 423-638-7171

Email: sethtaylor@holstonhome.org


Organization details

EIN: 620515531

CEO/President: Bradley S Williams

Chairman: Wesley P Robbins

Board size: 24

Founder: Mrs. E. E. Wiley

Year founded: 1946

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2020


Purpose

Children will be raised by healthier families that prepare them to live the fulfilling adult lives that God intended for them.


Mission statement

Holston United Methodist Home for Children provides hope and healing for a brighter future by sharing the love of Jesus with children and families struggling with life's challenges.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating569 of 94034 of 59
Fund acquisition rating569 of 94235 of 59
Resource allocation rating116 of 94210 of 59
Asset utilization rating880 of 94050 of 59

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%14%13%13%13%11%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%4%4%4%4%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
77%31%29%32%29%37%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%4%4%5%4%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
23%69%71%68%71%63%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%89%88%87%88%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%96%91%90%89%81%
Program output ratio Program output ratio =
Program services /
Total revenue
76%85%80%78%78%71%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%4%9%10%11%19%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%3%5%6%8%16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%7%8%8%8%8%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.860.500.500.570.570.64
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.726.556.143.233.424.63
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.753.313.081.831.962.95
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.291.852.575.655.774.06
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.130.540.390.180.170.25
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.821.672.385.415.073.07
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%8%6%5%5%5%
Debt ratio Debt ratio =
Debt /
Total assets
3%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
85%182%186%167%166%149%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$2,913,627$2,951,374$6,162,815$5,116,716$3,124,562
Receivables, inventories, prepaids$1,237,973$1,225,871$1,168,875$1,269,214$1,140,176
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$4,151,600$4,177,245$7,331,690$6,385,930$4,264,738
Long-term investments$10,184,045$9,841,669$8,890,636$8,474,600$8,383,566
Fixed assets$12,872,638$11,620,466$7,437,166$6,979,281$7,109,839
Other long-term assets$0$0$0$0$0
Total long-term assets$23,056,683$21,462,135$16,327,802$15,453,881$15,493,405
Total assets$27,208,283$25,639,380$23,659,492$21,839,811$19,758,143
 
Liabilities20202019201820172016
Payables and accrued expenses$2,245,140$1,625,976$1,296,613$1,106,406$1,050,465
Other current liabilities$0$0$0$0$0
Total current liabilities$2,245,140$1,625,976$1,296,613$1,106,406$1,050,465
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$2,245,140$1,625,976$1,296,613$1,106,406$1,050,465
 
Net assets20202019201820172016
Without donor restrictions$19,226,625$18,417,335$16,701,462$15,219,819$13,799,251
With donor restrictions$5,736,518$5,596,069$5,661,417$5,513,586$4,908,427
Net assets$24,963,143$24,013,404$22,362,879$20,733,405$18,707,678
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$4,444,079$4,063,509$4,748,843$4,048,383$5,789,021
Program service revenue$9,313,070$9,540,289$9,467,791$9,633,758$9,195,307
Membership dues$0$0$0$0$0
Investment income$479,050$396,759$464,755$279,828$360,411
Other revenue$141,099$191,241$161,502$140,391$138,689
Total other revenue$9,933,219$10,128,289$10,094,048$10,053,977$9,694,407
Total revenue$14,377,298$14,191,798$14,842,891$14,102,360$15,483,428
 
Expenses20202019201820172016
Program services$12,165,013$11,300,942$11,649,892$10,968,327$10,919,282
Management and general$951,498$1,059,607$1,128,156$1,023,458$1,002,292
Fundraising$616,837$523,829$612,632$511,521$659,450
Total expenses$13,733,348$12,884,378$13,390,680$12,503,306$12,581,024
 
Change in net assets20202019201820172016
Surplus (deficit)$643,950$1,307,420$1,452,211$1,599,054$2,902,404
Other changes in net assets$0$0$0$0$0
Total change in net assets$643,950$1,307,420$1,452,211$1,599,054$2,902,404

Compensation

NameTitleCompensation
Bradley S WilliamsPresident/CEO/Ex Officio$226,040

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 9/8/2021. To update the information below, please email: info@ministrywatch.com


History

Holston United Methodist Home for Children was founded in 1895 when Mrs. E.E. Wiley, a widow, took in her first homeless child. Since then, from that humble beginning, Holston Home has helped more than 8,000 children.

Holston Home is proudly affiliated with the Holston Conference of the United Methodist Church, an area that covers all of East Tennessee, the western-most 17 counties in Virginia, and a little bit of territory in North Georgia. In that area, more than 873 United Methodist Churches make up the Holston Conference.

Holston Home is situated on 155 acres of gently rolling hillside in Greeneville, TN. With 170 employees in service locations in Greeneville, Johnson City, Knoxville and Chattanooga, TN., and a Family Service Center in Bristol, Va. Holston Home is in the ministry of helping children.

The goal of Holston Home is to help children and families overcome hardships in their lives. Sometimes, children are unable to live at home, and Holston Home provides one.

The goal is always to do what is best for the children whether it's reuniting with family, adoption, or successfully transitioning to adulthood. Our professional staff work to strengthen families and we help children overcome any emotional traumas or other hardships they may have experienced.

None of this could have ever happened without the full support and love and prayers of members of the United Methodist churches in the Holston Conference, and friends like you.

This 1923 photo of Wiley Hall shows dozens of children living in a dormitory. That building is no longer standing, and children no longer are housed in a large dormitory.


Program accomplishments


Needs