Resurrection House

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 1/3/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Opening hearts with open arms. Resurrection House is an emergency shelter and short stay. This is a multi-purpose project consisting of a temporary shelter and a longer-term program providing the homeless and those at risk with an opportunity to improve their way of life. We provide a safe, secure environment, supervised meals, toiletries and laundry facilities for all who stay. Because there is a requirement of community service attached to residence at Resurrection House, there is less transient traffic. There is a resident population of people making an effort to change their lives for the better. We encourage residents after their 3 months stay to continue into the program at Life Skills Institute, a long-term program of Resurrection House.


Contact information

Mailing address:
Resurrection House
701 W Colorado Ave
PO Box 398
Chickasha, OK 73018

Website: lsireshouse.org

Phone: 4052245413

Email: lifeskills@lsireshouse.org


Organization details

EIN: 731324883

CEO/President: Zack Bowles

Chairman:

Board size: 7

Founder:

Year founded: 1988

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Breaking chains, setting free the oppressed, breaking every yoke, sharing food with the hungry and providing shelter to those in need.


Mission statement

We commit to provide shelter and life skills training to area individuals and families in need, for Christ.


Statement of faith

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating239 of 94045 of 160
Fund acquisition rating132 of 94220 of 160
Resource allocation rating3 of 9421 of 160
Asset utilization rating898 of 940157 of 160

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%67%75%59%92%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%33%25%41%8%1%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%100%100%100%100%100%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%119%137%76%71%37%
Program output ratio Program output ratio =
Program services /
Total revenue
75%119%137%76%71%37%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%-19%-37%24%29%63%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%-4%-7%7%9%38%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%0%0%0%0%0%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.250.250.200.190.22
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.7615.9815.429.5244.8835.07
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.244.073.851.868.597.77
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.147.169.0918.443.963.92
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.140.110.050.250.26
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.452.532.776.101.041.15
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%4%6%8%11%1%
Debt ratio Debt ratio =
Debt /
Total assets
1%3%5%7%10%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%376%378%471%467%448%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$61,241$67,177$119,498$24,359$25,626
Receivables, inventories, prepaids$0$0$0$0$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$61,241$67,177$119,498$24,359$25,626
Long-term investments$0$0$0$0$0
Fixed assets$916,450$967,459$1,016,726$1,068,063$872,087
Other long-term assets$902$901$902$901$901
Total long-term assets$917,352$968,360$1,017,628$1,068,964$872,988
Total assets$978,593$1,035,537$1,137,126$1,093,323$898,614
 
Liabilities20192018201720162015
Payables and accrued expenses$2,559$2,492$2,081$1,744$1,744
Other current liabilities$6,000$4,900$4,400$4,400$4,800
Total current liabilities$8,559$7,392$6,481$6,144$6,544
Debt$32,334$51,256$83,433$109,500$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$32,334$51,256$83,433$109,500$0
Total liabilities$40,893$58,648$89,914$115,644$6,544
 
Net assets20192018201720162015
Without donor restrictions$937,700$976,889$1,047,212$977,679$892,070
With donor restrictions$0$0$0$0$0
Net assets$937,700$976,889$1,047,212$977,679$892,070
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$140,869$140,795$172,532$271,648$534,035
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$128$166$35,348$10$15
Other revenue$69,252$47,300$84,064$23,191$7,355
Total other revenue$69,380$47,466$119,412$23,201$7,370
Total revenue$210,249$188,261$291,944$294,849$541,405
 
Expenses20192018201720162015
Program services$249,438$258,584$222,411$209,240$199,089
Management and general$0$0$0$0$0
Fundraising$0$0$0$0$0
Total expenses$249,438$258,584$222,411$209,240$199,089
 
Change in net assets20192018201720162015
Surplus (deficit)($39,189)($70,323)$69,533$85,609$342,316
Other changes in net assets$0$0$0$0$0
Total change in net assets($39,189)($70,323)$69,533$85,609$342,316

Compensation

NameTitleCompensation
Kent HibbardDirector$36,398

Compensation data as of: 12/31/2019


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 1/3/2021. To update the information below, please email: info@ministrywatch.com


History

Resurrection House is an independent, non-profit 501(c)(3) organization which was founded in 1989 to offer blankets and food to those living under the bridges. In 1990, remodeling of our current dorm began at 125 N. 9th St., in Chickasha, OK. The shelter started taking in residents in March of 1991. Kent Hibbard and family were hired in October of 1991 to operate the shelter. The organization has continued to provide emergency shelter and has developed additional assistance programs. These comprehensive services are offered to families and individuals living in poverty and adversely affected by the housing crisis currently experienced throughout the country. Volunteers are a vital part of the history and day-to-day mission and hospitality of Resurrection House. We acquired the former Jane Brooks School located at 701 Colorado Ave, in Chickasha to be renovated into what now is Life Skills Institute. as of May 2016, it is now in operation as a program of Resurrection House.


Program accomplishments


Needs