St. Matthew's House

Summary

For over thirty years, St. Matthew's House has provided innovative solutions to fight homelessness, hunger, substance abuse, and poverty in Southwest Florida. We are a 501(c)(3) which does not depend upon government funding, and our 100% donation model allows all operating expenses to be covered by unique social enterprises.


Contact information

Mailing address:
St. Matthew's House
2001 Airport Road, S.
Naples, FL 34112

Website: stmatthewshouse.org

Phone: 239-774-0500

Email: info@stmatthewshouse.org


Organization details

EIN: 651110501

CEO/President: Rev. Vann R. Ellison

Chairman: Rachael Loukonen

Board size: 16

Founder: Dr. John A. Lindell

Year founded: 2002

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2019


Purpose

To become a model agency to provide services and resources to the homeless, hungry, and addicted while seeking to expand the capacity to meet present and future needs in the most eective and efficient manner.


Mission statement

The mission of St. Matthew's House is to change lives in a spiritual environment that is both compassionate and disciplined, as well as providing housing for the homeless and food for the needy.


Statement of faith

Everything that we do is to reflect the knowledge that God cares for all who come to us. Customers in our stores, residents in our programs, volunteers, staff, and anyone else should see the goodness of God's blessings in all that we do.

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating593 of 62451 of 51
Fund acquisition rating497 of 62547 of 51
Resource allocation rating519 of 62548 of 51
Asset utilization rating542 of 62448 of 51

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%21%9%15%9%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%16%7%9%7%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%75%78%61%74%73%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%16%12%9%8%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%25%22%39%26%27%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%70%77%83%81%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%97%60%101%83%63%
Program output ratio Program output ratio =
Program services /
Total revenue
76%67%46%83%67%51%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%3%40%-1%17%37%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
1%1%20%0%8%19%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%14%11%8%11%11%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.570.310.270.370.350.29
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.647.984.825.505.475.86
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.292.501.292.021.931.70
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.354.606.356.695.525.75
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.220.160.150.180.17
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.803.757.835.055.085.83
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%9%9%10%11%11%
Debt ratio Debt ratio =
Debt /
Total assets
1%4%5%7%7%8%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
162%289%340%246%253%305%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$917,498$2,056,657$1,475,755$1,345,462$1,183,793
Receivables, inventories, prepaids$1,968,648$2,722,520$1,483,046$1,672,483$776,040
Short-term investments$1,366,233$1,126,208$1,218,450$1,267,203$1,719,308
Other current assets$0$0$0$0$0
Total current assets$4,252,379$5,905,385$4,177,251$4,285,148$3,679,141
Long-term investments$0$0$0$0$0
Fixed assets$22,266,149$19,347,036$16,189,505$16,598,582$15,892,424
Other long-term assets$7,423,045$3,221,328$2,627,200$2,548,865$1,975,560
Total long-term assets$29,689,194$22,568,364$18,816,705$19,147,447$17,867,984
Total assets$33,941,573$28,473,749$22,993,956$23,432,595$21,547,125
 
Liabilities20182017201620152014
Payables and accrued expenses$925,271$929,302$624,352$775,904$639,946
Other current liabilities$0$0$0$0$0
Total current liabilities$925,271$929,302$624,352$775,904$639,946
Debt$1,482,794$1,504,438$1,595,308$1,664,805$1,783,449
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$716,695$102,085$44,441$23,058$18,381
Total long-term liabilities$2,199,489$1,606,523$1,639,749$1,687,863$1,801,830
Total liabilities$3,124,760$2,535,825$2,264,101$2,463,767$2,441,776
 
Net assets20182017201620152014
Unrestricted$28,811,107$21,235,832$18,723,213$19,129,725$18,119,972
Temporarily restricted$2,005,706$4,702,092$2,006,642$1,839,103$985,377
Permanently restricted$0$0$0$0$0
Net assets$30,816,813$25,937,924$20,729,855$20,968,828$19,105,349
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$8,220,030$9,959,338$5,137,907$7,387,703$7,253,849
Program service revenue$648,216$627,947$921,772$737,775$694,876
Membership dues$0$0$0$0$0
Investment income$39,692$82,862($276,016)$80,009$63,819
Other revenue$2,100,683$2,128,879$2,598,726$1,794,398$1,896,456
Total other revenue$2,788,591$2,839,688$3,244,482$2,612,182$2,655,151
Total revenue$11,008,621$12,799,026$8,382,389$9,999,885$9,909,000
 
Expenses20182017201620152014
Program services$7,419,562$5,870,380$6,969,422$6,704,220$5,069,350
Management and general$1,490,575$840,741$697,658$900,433$685,225
Fundraising$1,739,892$913,100$772,317$680,875$504,491
Total expenses$10,650,029$7,624,221$8,439,397$8,285,528$6,259,066
 
Change in net assets20182017201620152014
Surplus (deficit)$358,592$5,174,805($57,008)$1,714,357$3,649,934
Other changes in net assets$0$0$0$0$0
Total change in net assets$358,592$5,174,805($57,008)$1,714,357$3,649,934

Response from ministry

No response has been provided by this ministry.


History

Naples is a sleepy town on the idyllic Florida southwest coast. Mostly retirees and locals make up the population. Underneath the picturesque vista, however, is a forgotten group of homeless people. Desperate and starving, they have no hope until the day a group of parishioners studied the book of Matthew in the Bible, where Jesus explains to his disciples about how taking care of the needy is as important, if not more so than taking care of Him. Within a few days of this Bible study, an article appears in the Naples Daily News about the homeless population living in the woods. The scripture fresh in their minds, the parishioners, dubbing themselves, "The Task Force for the Homeless", begin taking soup out to these forgotten souls. The first Thanksgiving Day meal is served to the homeless and hungry a couple of weeks later. Encouraged by the grateful response, the Task Force begins gathering contributions of food and clothing, then establishes a food pantry and launches a search to find a suitable location for a shelter to care for the homeless and hungry of our community. The "Task Force for the Homeless" began gathering contributions of both food and clothing, establishing the mission's food pantry. Throughout the years, community support has helped grow the small mission into a multi-faceted organization focused on spiritual change. As a 501(c)(3), our 100% donation model allows all of our operating expenses to be covered by unique social enterprises - which enable us to direct 100% of all public donations toward our life-changing programs that continue to enrich countless lives in our community. Today, St. Matthew's House continues to run the original Emergency/Transitional Housing and Feeding Ministry along with its Justin's Place Recovery Program, Collier County jail chaplain service, 6 thrift stores, full-service catering company, and retreat/conference center.


Program accomplishments


Needs