Healing House Inc.

The information on this page was last updated 11/29/2023. If you see errors or omissions, please email: [email protected]


Summary

Healing House, Inc. is a substance use disorder recovery organization.


Contact information

Mailing address:
4505 St. John Avenue
Kansas City, MO 64123

Website: healinghousekc.org

Phone: (816) 920-7181

Email: [email protected]


Organization details

EIN: 201877757

CEO/President: Bobbi Jo Reed

Chairman: Mark Meads

Board size: 11

Founder: Bobbi Jo Reed

Ruling year: 2005

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

Bringing hope and healing through substance use disorder treatment and supportive recovery housing.


Mission statement

Our mission is to enrich the lives and spiritual well-being of all we serve and improve the safety and welfare of our community by equipping each participant with resources to maintain a healthy, self-sufficient, and purposeful life.


Statement of faith

1. We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
2. We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.
3. We believe in the deity and humanity of Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, in His present rule as Head of the Church and in His personal return in power and glory.
4. We believe that for the salvation of lost and sinful men regeneration by the Holy Spirit is absolutely essential.
5. We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.
6. We believe in the resurrection of both the saved and the lost, they that are saved unto the resurrection of life and they that are lost unto the barrenness of damnation.
7. We believe in the spiritual unity of believers in our Lord Jesus Christ, with equality across racial, gender, and class differences.

Donor confidence score

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Transparency grade

C

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Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating411 of 110247 of 140
Fund acquisition rating309 of 110332 of 140
Resource allocation rating101 of 110311 of 140
Asset utilization rating1016 of 1102132 of 140

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%6%5%0%1%1%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%4%3%0%1%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%71%61%59%59%71%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%5%3%0%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%29%39%41%41%29%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%90%92%94%94%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%84%91%92%81%56%
Program output ratio Program output ratio =
Program services /
Total revenue
70%76%83%87%76%52%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%16%9%8%19%44%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%14%8%5%15%42%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%5%5%6%5%6%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.420.440.370.370.32
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.678.966.868.0117.937.55
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.673.722.992.936.702.44
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
12.7310.0416.8813.799.6329.36
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.100.060.070.100.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.462.903.783.801.614.74
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%44%42%45%44%39%
Debt ratio Debt ratio =
Debt /
Total assets
1%39%41%44%43%39%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
160%134%133%150%151%187%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$825,274$879,269$776,025$267,526$598,318
Receivables, inventories, prepaids$106,236$131,807$63,420$77,810$47,845
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$931,510$1,011,076$839,445$345,336$646,163
Long-term investments$0$12,106$94$94$100
Fixed assets$6,958,274$5,882,380$5,852,605$5,847,733$4,229,088
Other long-term assets$457,524$28,583$28,744$0$0
Total long-term assets$7,415,798$5,923,069$5,881,443$5,847,827$4,229,188
Total assets$8,347,308$6,934,145$6,720,888$6,193,163$4,875,351
 
Liabilities20222021202020192018
Payables and accrued expenses$92,824$59,912$60,890$35,848$22,005
Other current liabilities$0$0$0$0$0
Total current liabilities$92,824$59,912$60,890$35,848$22,005
Debt$3,259,425$2,840,970$2,945,851$2,652,735$1,886,971
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$335,987$30,963$27,092$19,052$16,480
Total long-term liabilities$3,595,412$2,871,933$2,972,943$2,671,787$1,903,451
Total liabilities$3,688,236$2,931,845$3,033,833$2,707,635$1,925,456
 
Net assets20222021202020192018
Without donor restrictions$4,251,455$3,697,306$3,547,172$3,327,488$2,537,567
With donor restrictions$407,617$304,994$139,883$158,040$412,328
Net assets$4,659,072$4,002,300$3,687,055$3,485,528$2,949,895
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$2,923,762$2,033,580$1,559,915$1,688,503$1,994,332
Program service revenue$943,173$1,169,703$1,048,364$978,070$717,080
Membership dues$0$0$0$0$0
Investment income($13,084)$0$0$0$6
Other revenue$272,197$131,618$52,544$182,917$101,626
Total other revenue$1,202,286$1,301,321$1,100,908$1,160,987$818,712
Total revenue$4,126,048$3,334,901$2,660,823$2,849,490$2,813,044
 
Expenses20222021202020192018
Program services$3,116,271$2,766,670$2,320,182$2,173,420$1,472,668
Management and general$175,048$157,888$139,114$118,362$96,028
Fundraising$177,957$95,098$0$22,075$10,474
Total expenses$3,469,276$3,019,656$2,459,296$2,313,857$1,579,170
 
Change in net assets20222021202020192018
Surplus (deficit)$656,772$315,245$201,527$535,633$1,233,874
Other changes in net assets$0$0$0$0$0
Total change in net assets$656,772$315,245$201,527$535,633$1,233,874

Compensation

NameTitleCompensation
Bobbi Jo ReedExec Dir./Pres$89,870
Michael LiimattaCOO$68,000

Compensation data as of: 12/31/2022


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 11/29/2023. To update the information below, please email: [email protected]


History

In 2002, Ms. Bobbi Jo Reed purchased a home in the historic northeast area of Kansas City. Her goal was to provide transitional housing for women who had completed inpatient substance abuse treatment. As a former addict and alcoholic, Ms. Reed understood the many challenges faced my men and women in addiction recovery who are trying to transition back into society.

In 2003, Ms. Reed founded Healing House, Inc. based on the belief that a safe home environment is critical to life-long recovery. At the same time that Ms. Reed founded Healing House, there were approximately 900 women in Kansas City undergoing inpatient treatment, but only 24 safe residential beds available to them following treatment.


Program accomplishments

Since its founding, Healing House, Inc. has markedly expanded its scale and reach. Under Ms. Reed's leadership, Healing House has purchased and refurbished numerous vacant homes - several of which were former drug houses - into safe, sober homes for both men and women. Healing House has also purchased two apartment buildings where families are restored and parents reunited with their children.

Each year, Healing House provides help and healing to nearly 300 men and women. More than 8,000 individuals in recovery have been served by Healing House. recoveryhousing is currently available for up to 180 adults and 25 children in the same Kansas City neighborhood. This area - once riddled with drug dealing, prostitution, and gang violence - is rapidly being transformed into a safe and protective neighborhood through the collaboration of Healing House, numerous volunteers, and like-minded residents.


Needs