Healing Hands International

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/8/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Using our hands to carry out His healing work.


Contact information

Mailing address:
Healing Hands International
455 McNally Drive
Nashville, TN 37211

Website: hhi.org

Phone: 615-832-2000

Email: contact@hhi.org


Organization details

EIN: 621585366

CEO/President: Art Woods

Chairman: Bill Merry

Board size: 13

Founder: Dr. Randy Steger / Lipscomb University students

Ruling year: 1996

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2021


Purpose

Our vision is a world that is full of hope where physical needs are met and hearts are surrendered to Jesus Christ.


Mission statement

Our mission is to aid, equip, and empower those in need around the world in the name of Jesus Christ so they might experience God's healing grace.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating427 of 99932 of 82
Fund acquisition rating242 of 100121 of 82
Resource allocation rating406 of 100130 of 82
Asset utilization rating733 of 99955 of 82

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%3%3%3%3%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%3%3%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%99%99%99%100%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%3%4%4%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%1%1%1%0%1%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%88%89%88%87%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%95%89%90%92%90%
Program output ratio Program output ratio =
Program services /
Total revenue
83%84%79%80%80%80%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%5%11%10%8%10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%5%14%13%11%16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%8%7%8%9%8%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.630.951.011.121.211.41
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.231.251.251.331.39
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.571.171.271.401.621.96
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.0927.8616.2642.07153.8789.46
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.040.060.020.010.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.539.928.908.397.386.06
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%4%6%4%2%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%1%1%2%1%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
52%101%93%86%81%67%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$3,222,161$3,126,235$2,581,970$1,888,997$1,723,660
Receivables, inventories, prepaids$304,891$242,555$278,543$403,457$297,179
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,527,052$3,368,790$2,860,513$2,292,454$2,020,839
Long-term investments$0$0$0$0$0
Fixed assets$814,004$847,055$722,348$756,641$790,346
Other long-term assets$0$0$0$0$0
Total long-term assets$814,004$847,055$722,348$756,641$790,346
Total assets$4,341,056$4,215,845$3,582,861$3,049,095$2,811,185
 
Liabilities20202019201820172016
Payables and accrued expenses$126,586$207,227$67,995$14,899$22,589
Other current liabilities$0$0$0$0$0
Total current liabilities$126,586$207,227$67,995$14,899$22,589
Debt$39,739$39,739$86,239$40,272$130,272
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$39,739$39,739$86,239$40,272$130,272
Total liabilities$166,325$246,966$154,234$55,171$152,861
 
Net assets20202019201820172016
Without donor restrictions$3,619,845$3,041,113$3,052,703$2,375,441$2,261,572
With donor restrictions$554,886$927,766$375,924$618,483$396,752
Net assets$4,174,731$3,968,879$3,428,627$2,993,924$2,658,324
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$4,295,364$4,748,404$4,397,686$4,019,991$4,360,099
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$25,258$54,609$33,364$10,583$1,665
Other revenue$0$0$0$7,766$25,627
Total other revenue$25,258$54,609$33,364$18,349$27,292
Total revenue$4,320,622$4,803,013$4,431,050$4,038,340$4,387,391
 
Expenses20202019201820172016
Program services$3,632,033$3,796,496$3,530,325$3,222,713$3,526,413
Management and general$332,878$318,322$319,933$341,261$309,085
Fundraising$149,859$147,943$146,089$138,766$123,032
Total expenses$4,114,770$4,262,761$3,996,347$3,702,740$3,958,530
 
Change in net assets20202019201820172016
Surplus (deficit)$205,852$540,252$434,703$335,600$428,861
Other changes in net assets$0$0$0$0$0
Total change in net assets$205,852$540,252$434,703$335,600$428,861

Compensation

NameTitleCompensation
Art WoodsPresident$147,599

Compensation data as of: 12/31/2020


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 11/8/2021. To update the information below, please email: info@ministrywatch.com


History

In 1991, Dr. Randy Steger, marketing professor at Lipscomb University, presented a proposal to his students to do a different type of project for the end of the semester. He suggested they seek to meet the mounting needs for medical supplies and equipment in the former Soviet Union and other Eastern European nations. This humanitarian work would utilize the energy and abilities of the students to make a significant difference in the lives of others. The class was ready for the challenge.

They determined to secure three to four suitcases filled with medical supplies and equipment to send overseas with missionaries. They ended up being quite successful! Lipscomb finally had to ask them to leave campus because the donated supplies were taking over the auditorium! The day they packed up to leave campus, they were able to fill two tractor trailers with all of the donated items.

Through this urgent need for humanitarian relief, the students organized the Healing Hands ministry, which was later incorporated as Healing Hands International in 1993. Since acquiring a 501c3 status in 1996, the Lord has truly blessed this work and HHI (as we now know it) has been able to ship to more than 75 countries.

The need has been established. The pipeline of resources has been tapped. What was once an idea has become a tool to aid, equip, and empower people suffering throughout the world. Most importantly, this ministry has proven to be an excellent way to give glory to God and bring recognition to the local church.


Program accomplishments


Needs