Resurrection House

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 rating175 of 72541 of 145
Fund acquisition rating80 of 72620 of 145
Resource allocation rating1 of 7261 of 145
Asset utilization rating686 of 725141 of 145

Financial ratios

Funding ratiosSector median20182017201620152014
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
90%75%59%92%99%84%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
10%25%41%8%1%16%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%100%100%100%100%100%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%137%76%71%37%75%
Program output ratio Program output ratio =
Program services /
Total revenue
76%137%76%71%37%75%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-37%24%29%63%25%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-7%7%9%38%12%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%0%0%0%0%0%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.250.200.190.220.38
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.9315.429.5244.8835.073.11
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.503.851.868.597.771.17
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.619.0918.443.963.9233.41
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.110.050.250.260.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.242.776.101.041.159.94
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%6%8%11%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%5%7%10%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
144%378%471%467%448%263%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$67,177$119,498$24,359$25,626$178,284
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$67,177$119,498$24,359$25,626$178,284
Long-term investments$0$0$0$0$0
Fixed assets$967,459$1,016,726$1,068,063$872,087$375,906
Other long-term assets$901$902$901$901$901
Total long-term assets$968,360$1,017,628$1,068,964$872,988$376,807
Total assets$1,035,537$1,137,126$1,093,323$898,614$555,091
 
Liabilities20182017201620152014
Payables and accrued expenses$2,492$2,081$1,744$1,744$1,887
Other current liabilities$4,900$4,400$4,400$4,800$3,450
Total current liabilities$7,392$6,481$6,144$6,544$5,337
Debt$51,256$83,433$109,500$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$51,256$83,433$109,500$0$0
Total liabilities$58,648$89,914$115,644$6,544$5,337
 
Net assets20182017201620152014
Unrestricted$976,889$1,047,212$977,679$892,070$549,754
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$976,889$1,047,212$977,679$892,070$549,754
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$140,795$172,532$271,648$534,035$233,628
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$166$35,348$10$15$41
Other revenue$47,300$84,064$23,191$7,355$43,215
Total other revenue$47,466$119,412$23,201$7,370$43,256
Total revenue$188,261$291,944$294,849$541,405$276,884
 
Expenses20182017201620152014
Program services$258,584$222,411$209,240$199,089$208,727
Management and general$0$0$0$0$0
Fundraising$0$0$0$0$0
Total expenses$258,584$222,411$209,240$199,089$208,727
 
Change in net assets20182017201620152014
Surplus (deficit)($70,323)$69,533$85,609$342,316$68,157
Other changes in net assets$0$0$0$0$0
Total change in net assets($70,323)$69,533$85,609$342,316$68,157

Response from ministry

No response has been provided by this ministry.


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