Hope and Life Outreach 



The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/25/2021. To update the information in this column, please email: info@ministrywatch.com
Summary
HALO is committed to providing a hand up, not a handout to those we serve. HALO ministry is a privately funded, 501(c)3.
Contact information
Mailing address:
Hope and Life Outreach
119 South Boulevard
Salisbury, MD 21804
Website: haloministry.org
Phone: 410-742-9356
Email: info@haloministry.org
Organization details
EIN: 261691517
CEO/President: Celeste Savage
Chairman: Gary Desjardins
Board size: 8
Founder: Oak Ridge Baptist Church
Ruling year: 2008
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
From serving meals on the street, to providing a children and youth center for our younger guests, HALO is committed to providing a hand up, not a handout to those we serve.
Mission statement
The mission of Hope And Life Outreach is to provide safe shelter and sustenance to the homeless, hungry, and hurting in our area while we educate and "Love 'Em Like Jesus." Through a multitude of programs and services, with God's provision and direction, we will break the cycle of homelessness in our community.
Statement of faith
Donor confidence score
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | ![]() ![]() ![]() ![]() | 210 of 1022 | 43 of 160 |
Fund acquisition rating | ![]() ![]() ![]() ![]() ![]() | 104 of 1024 | 12 of 160 |
Resource allocation rating | ![]() ![]() ![]() ![]() | 213 of 1024 | 42 of 160 |
Asset utilization rating | ![]() ![]() | 710 of 1022 | 124 of 160 |
Financial ratios
Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 2% | 6% | 6% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 8% | 2% | 6% | 6% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 91% | 100% | 99% | 98% | 98% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 10% | 3% | 6% | 5% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 9% | 0% | 1% | 2% | 2% | 1% |
Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 88% | 83% | 83% | 72% | 79% |
Spending ratio Spending ratio = Total expenses / Total revenue | 89% | 65% | 114% | 119% | 89% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 70% | 57% | 95% | 98% | 65% | 73% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 11% | 35% | -14% | -19% | 11% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | 57% | -26% | -28% | 13% | 10% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 9% | 11% | 12% | 28% | 21% |
Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.55 | 0.36 | 0.38 | 0.47 | 1.09 | 1.14 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.27 | 3.74 | 10.99 | 5.77 | 1.59 | 1.69 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.85 | 1.35 | 4.23 | 2.72 | 1.74 | 1.94 |
Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.95 | 26.32 | 7.01 | 8.83 | 32.42 | 27.26 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.04 | 0.14 | 0.11 | 0.03 | 0.04 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.53 | 8.57 | 2.43 | 3.91 | 6.70 | 5.97 |
Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 66% | 82% | 74% | 2% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 1% | 65% | 81% | 72% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 150% | 95% | 46% | 56% | 90% | 86% |
Financials
Balance sheet | |||||
Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Cash | $159,631 | $90,440 | $252,227 | $349,699 | $240,779 |
Receivables, inventories, prepaids | $698,870 | $150,391 | $139,428 | $137,565 | $157,744 |
Short-term investments | $0 | $0 | $0 | $0 | $0 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $858,501 | $240,831 | $391,655 | $487,264 | $398,523 |
Long-term investments | $0 | $0 | $0 | $0 | $0 |
Fixed assets | $2,349,077 | $2,407,040 | $1,869,697 | $288,816 | $276,025 |
Other long-term assets | $0 | $0 | $0 | $0 | $0 |
Total long-term assets | $2,349,077 | $2,407,040 | $1,869,697 | $288,816 | $276,025 |
Total assets | $3,207,578 | $2,647,871 | $2,261,352 | $776,080 | $674,548 |
Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
Payables and accrued expenses | $32,617 | $34,376 | $44,348 | $15,028 | $14,617 |
Other current liabilities | $0 | $0 | $0 | $0 | $0 |
Total current liabilities | $32,617 | $34,376 | $44,348 | $15,028 | $14,617 |
Debt | $2,080,699 | $2,142,846 | $1,623,432 | $338 | $338 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
Total long-term liabilities | $2,080,699 | $2,142,846 | $1,623,432 | $338 | $338 |
Total liabilities | $2,113,316 | $2,177,222 | $1,667,780 | $15,366 | $14,955 |
Net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Without donor restrictions | $450,885 | $470,649 | $593,572 | $760,714 | $659,593 |
With donor restrictions | $643,377 | $0 | $0 | $0 | $0 |
Net assets | $1,094,262 | $470,649 | $593,572 | $760,714 | $659,593 |
Revenues and expenses | |||||
Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
Total contributions | $1,781,321 | $888,871 | $884,060 | $929,434 | $822,344 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | ($2,342) | ($2,407) | ($363) | $228 | ($3,727) |
Other revenue | $1,476 | $9,205 | $14,294 | $17,494 | $15,834 |
Total other revenue | ($866) | $6,798 | $13,931 | $17,722 | $12,107 |
Total revenue | $1,780,455 | $895,669 | $897,991 | $947,156 | $834,451 |
Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
Program services | $1,020,831 | $849,287 | $881,938 | $613,123 | $607,944 |
Management and general | $100,231 | $112,330 | $126,563 | $232,913 | $163,508 |
Fundraising | $35,780 | $56,975 | $56,632 | $0 | $0 |
Total expenses | $1,156,842 | $1,018,592 | $1,065,133 | $846,036 | $771,452 |
Change in net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Surplus (deficit) | $623,613 | ($122,923) | ($167,142) | $101,120 | $62,999 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $623,613 | ($122,923) | ($167,142) | $101,120 | $62,999 |
Compensation
Name | Title | Compensation |
Celeste Savage | Executive Director | $56,731 |
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 10/25/2021. To update the information below, please email: info@ministrywatch.com