Oklahoma Baptist Homes for Children

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 4/3/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Oklahoma Baptist Homes for Children (OBHC) is the largest provider of private, not-for-profit, residential childcare in the state. We are an affiliate of the Baptist General Convention of Oklahoma, which is comprised of 1,700 Oklahoma Southern Baptist churches. OBHC does not charge for any of our services, nor accepts government funds. OBHC is funded through the generosity of individuals, businesses as well as gifts from Southern Baptist churches through offerings and the Cooperative Program. We do not discriminate on placement based on race, color, national origin, or religious affiliation.


Contact information

Mailing address:
Oklahoma Baptist Homes for Children
3800 N. May Avenue
Oklahoma City, OK 73112

Website: www.obhc.org

Phone: (405) 942-3800

Email: questions@obhc.org


Organization details

EIN: 731435473

CEO/President: Greg McNeece

Chairman: Dr. Preston Collins

Board size: 28

Founder: Rev. and Mrs. J.A. Scott

Year founded: 2019

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2000


Purpose

The vision of Oklahoma Baptist Homes for Children is to be a major source of hope for children through Christ.


Mission statement

The mission of Oklahoma Baptist Homes for Children is to demonstrate God's love by providing hope through empowering children and their families to follow Christ.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating811 of 81719 of 19
Fund acquisition rating763 of 81718 of 19
Resource allocation rating690 of 81718 of 19
Asset utilization rating813 of 81719 of 19

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
13%20%18%18%24%23%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%15%13%13%17%16%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
52%72%76%73%70%69%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%14%16%15%16%16%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
48%28%24%27%30%31%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%71%72%70%67%68%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%101%84%89%104%101%
Program output ratio Program output ratio =
Program services /
Total revenue
77%71%60%63%69%68%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%-1%16%11%-4%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%0%3%2%-1%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%15%12%15%17%16%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.200.130.140.150.160.16
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.4047.6337.5350.9440.1134.15
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
3.086.375.327.396.545.36
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.253.123.431.632.743.43
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.310.320.290.610.360.29
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
2.751.281.600.631.171.59
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
22%3%3%4%4%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
47%728%685%663%591%616%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,905,726$2,303,085$1,703,848$1,709,753$1,804,961
Receivables, inventories, prepaids$130,456$126,557$108,087$402,081$682,199
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,036,182$2,429,642$1,811,935$2,111,834$2,487,160
Long-term investments$82,307,289$74,979,365$76,167,830$69,420,360$68,999,559
Fixed assets$11,984,479$13,095,528$13,474,569$12,163,676$12,296,559
Other long-term assets$662,481$674,039$842,656$1,005,718$1,159,584
Total long-term assets$94,954,249$88,748,932$90,485,055$82,589,754$82,455,702
Total assets$96,990,431$91,178,574$92,296,990$84,701,588$84,942,862
 
Liabilities20192018201720162015
Payables and accrued expenses$651,990$708,390$1,109,340$769,605$724,938
Other current liabilities$0$0$0$0$0
Total current liabilities$651,990$708,390$1,109,340$769,605$724,938
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,991,273$1,937,309$2,312,840$2,291,072$1,993,796
Total long-term liabilities$1,991,273$1,937,309$2,312,840$2,291,072$1,993,796
Total liabilities$2,643,263$2,645,699$3,422,180$3,060,677$2,718,734
 
Net assets20192018201720162015
Unrestricted$0$17,409,770$17,816,636$16,664,344$19,162,292
Temporarily restricted$0$11,106,851$11,279,143$10,619,503$9,732,693
Permanently restricted$0$60,016,254$59,779,031$54,357,064$53,329,143
Net assets$94,347,168$88,532,875$88,874,810$81,640,911$82,224,128
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$9,236,096$11,654,370$10,966,937$9,355,593$9,156,470
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$0$155,113$716,740$454,259$90,830
Other revenue$3,561,120$3,575,893$3,353,882$3,504,320$4,009,305
Total other revenue$3,561,120$3,731,006$4,070,622$3,958,579$4,100,135
Total revenue$12,797,216$15,385,376$15,037,559$13,314,172$13,256,605
 
Expenses20192018201720162015
Program services$9,142,597$9,272,083$9,404,704$9,235,762$9,018,127
Management and general$1,946,100$1,589,010$1,985,937$2,378,843$2,171,633
Fundraising$1,872,036$2,063,563$2,005,389$2,206,464$2,151,609
Total expenses$12,960,733$12,924,656$13,396,030$13,821,069$13,341,369
 
Change in net assets20192018201720162015
Surplus (deficit)($163,517)$2,460,720$1,641,529($506,897)($84,764)
Other changes in net assets$0$0$0$0$0
Total change in net assets($163,517)$2,460,720$1,641,529($506,897)($84,764)

Compensation

NameTitleCompensation
Greg McNeecePresident$144,593
Rod PhillipsVice Preside$118,507
Angela ScruggsSecretary$47,194

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 4/3/2021. To update the information below, please email: info@ministrywatch.com


History

Reverend J. A. Scott gave his wife credit for the beginning of the Oklahoma Baptist Orphans Home. Soon after they came to Oklahoma City, he accepted the call as pastor of the Washington Avenue Baptist Church. Very soon after Reverend Scott began his ministry, Mrs. Scott met a mother who was near death and living in a little shack in an alley near the church. The mother asked Mrs. Scott to find a home for her baby. The girl, Gladys Smith, lived in the Scott home until the formal opening of the Oklahoma Baptist Orphans Home, March 15, 1903. The first location of the Home was in a little house on Pottawatomie Street (Neither Washington Avenue Baptist Church nor Pottawatomie Street exist in Oklahoma City today).

On June 1, 1903, the Home was moved to a frame building on one and a half stories on West Pottawatomie Street. Nine children were in residence. In 1905, the joint Boards of the Baptist General Convention of Indian Territory and the Oklahoma State Baptist Convention accepted a bid from Oklahoma City of 40 acres of land and $2,000 to move the Home to its location at NW 63rd and Pennsylvania. Ownership of the Home was transferred to the Baptist General Convention of Oklahoma in 1917.

The Birthday Bank was a donation method for churches which began in mid 1900's. The Department of Child Care was established in 1956 and entrusted by the Convention with the operation of Christian services to children and their families. In 1985, the Department of Child Care and the Department of Retirement Centers and chaplaincy were combined to create the Special Care Ministries Office. In 1988, the name was changed to Family Care Ministries Office and included the Child Care, Adult Care, and Special Care Ministries. A separation of Adult Care and Child Care in 1993 created two new entities. In that year, Oklahoma Baptist Homes for Children was established as an affiliate corporation of the Baptist General Convention of Oklahoma with its own President and Board of Trustees. OBHC is now the largest provider of private, non-profit residential child care in the state.


Program accomplishments

Now, more than 100 years later, Oklahoma Baptist Homes for Children has seen more than 11,000 children come through our doors and while our ministry has grown and expanded over the years, our focus has always been to serve children and show the people in our care, the love of Christ.


Needs

Your generous support allows OBHC to impact the lives of children and families in need!