Lighthouse Outreach Center

Summary

The Lighthouse Outreach Center, a Christian-based homeless shelter in Bartlesville, OK, has served thousands of people since its founding in 1992. With a maximum capacity of 65 people, the Lighthouse is the only 24-hour homeless shelter within a 50-mile radius.


Contact information

Mailing address:
Lighthouse Outreach Center
1411 W Hensley Blvd
Bartlesville, OK 74003

Website: bartlesvillelighthouse.org

Phone: 918-336-9029

Email: info@bartlesvillelighthouse.org


Organization details

EIN: 731395606

CEO/President: Errol Hada

Chairman: Bob Brchan

Board size: 8

Founder:

Year founded: 1992

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2018


Purpose

Providing Help and Hope for the Homeless in Bartlesville, NE Oklahoma, and SE Kansas.


Mission statement

Our goal is to provide the resources and training to help residents become self-sufficient citizens of the community.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating5 of 7251 of 145
Fund acquisition rating51 of 72613 of 145
Resource allocation rating3 of 7262 of 145
Asset utilization rating78 of 72516 of 145

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%0%1%12%16%18%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%0%1%11%16%18%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
90%87%89%87%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%0%1%9%18%21%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
10%13%11%13%0%0%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%100%99%91%69%71%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%105%89%117%89%87%
Program output ratio Program output ratio =
Program services /
Total revenue
76%105%89%107%62%61%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-5%11%-17%11%13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-5%12%-15%8%10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%0%0%0%13%9%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.621.120.960.980.660.68
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.937.827.288.963.564.14
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.508.757.008.812.352.81
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.6158.5851.6113.820.000.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.020.020.070.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.241.351.681.265.114.28
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%0%0%1%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
144%89%104%101%152%148%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$49,557$56,051$40,395$123,528$98,292
Receivables, inventories, prepaids$0$0$0$0$0
Short-term investments$0$0$0$1,609$958
Other current assets$0$0$0$0$0
Total current assets$49,557$56,051$40,395$125,137$99,250
Long-term investments$0$0$0$0$0
Fixed assets$338,000$351,659$320,849$320,427$311,809
Other long-term assets$0$180$818$0$0
Total long-term assets$338,000$351,839$321,667$320,427$311,809
Total assets$387,557$407,890$362,062$445,564$411,059
 
Liabilities20192018201720162015
Payables and accrued expenses$846$1,086$2,922$0$0
Other current liabilities$0$0$0$0$0
Total current liabilities$846$1,086$2,922$0$0
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$846$1,086$2,922$0$0
 
Net assets20192018201720162015
Unrestricted$0$406,804$359,140$0$0
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$386,711$406,804$359,140$445,564$411,059
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$360,351$389,830$265,153$327,096$319,555
Program service revenue$49,996$47,167$26,933$0$0
Membership dues$0$0$0$0$0
Investment income$939$1,480$1,273$1,398$810
Other revenue$1,500$1,916$10,345$0$0
Total other revenue$52,435$50,563$38,551$1,398$810
Total revenue$412,786$440,393$303,704$328,494$320,365
 
Expenses20192018201720162015
Program services$433,653$390,238$323,469$203,472$196,410
Management and general$0$0$0$37,861$24,614
Fundraising$0$2,279$32,472$52,443$57,504
Total expenses$433,653$392,517$355,941$293,776$278,528
 
Change in net assets20192018201720162015
Surplus (deficit)($20,867)$47,876($52,237)$34,718$41,837
Other changes in net assets$0$0$0$0$0
Total change in net assets($20,867)$47,876($52,237)$34,718$41,837

Compensation

Compensation data for this ministry has not been collected.


Response from ministry

No response has been provided by this ministry.


History


Program accomplishments

The Impact We Made Together Last Year:

14 Received Salvation

127 Found Employment

32,162 Meals Served


Needs