Safe Harbor of NC, Inc. 
The information on this page was last updated 11/16/2022. If you see errors or omissions, please email: [email protected]
Summary
Safe Harbor is a venue for Co-Ed Recovery and Support Groups.
Safe Harbor's Whole Woman Residential Program is a free year-long residential program for women in recovery that focuses on holistic healing in an intentional Christ-centered community aimed at long-term recovery through connection that empowers women to renew, rebuild and recover.
Safe Harbor's Greenleaf Transitional Housing Program provides low-cost, furnished, clean and safe apartments in a community for women and children looking for structure and support while preparing for successful independent living as they are offered services and taught life skills.
Safe Harbor's Day Center offers a safe place for women and children who are at risk for homelessness to access an array of services through a trained Services Navigator and provides meals, showers, laundry facilities and transportation.
Safe Harbor's On Purpose Classes are designed to help women in our programs and our community discover their purpose in life, their identity in Christ, and experience freedom.
Contact information
Mailing address:
Safe Harbor of NC, Inc.
210 2nd Street SE
Hickory, NC 28602
Website: safeharbornc.org
Phone: 828-326-7233
Email: [email protected]
Organization details
EIN: 571215608
CEO/President: Vicki Murray
Chairman: Cassia Dowdy
Board size: 11
Founder: Debbie Haynes
Ruling year: 2006
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2010
Purpose
Our Vision: To inspire everyone we encounter to a thriving and purposeful life in Christ.
Mission statement
Providing a Christ-centered community for rebuilding, renewing and recovery.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 977 of 1021 | 151 of 155 |
| Fund acquisition rating | | 781 of 1024 | 130 of 155 |
| Resource allocation rating | | 963 of 1024 | 146 of 155 |
| Asset utilization rating | | 855 of 1021 | 140 of 155 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 17% | 15% | 9% | 10% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 8% | 13% | 15% | 8% | 9% | 7% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 76% | 98% | 97% | 99% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 10% | 20% | 20% | 21% | 19% | 9% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 24% | 2% | 3% | 1% | 1% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 58% | 60% | 55% | 55% | 73% |
Spending ratio Spending ratio = Total expenses / Total revenue | 86% | 64% | 73% | 40% | 51% | 76% |
Program output ratio Program output ratio = Program services / Total revenue | 68% | 37% | 43% | 22% | 28% | 55% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 14% | 36% | 27% | 60% | 49% | 24% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 12% | 15% | 11% | 41% | 40% | 19% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 21% | 20% | 24% | 26% | 19% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.26 | 0.29 | 0.27 | 0.42 | 0.60 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.92 | 4.03 | 9.92 | 2.98 | 2.09 | 7.66 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.72 | 1.06 | 2.87 | 0.81 | 0.87 | 4.62 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.43 | 107.29 | 143.06 | 195.41 | 140.99 | 35.07 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.10 | 11.18 | 4.15 | 14.69 | 13.68 | 2.52 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 1% | 0% | 0% | 1% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 1% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 155% | 377% | 345% | 365% | 239% | 165% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $894,772 | $267,894 | $920,954 | $787,595 | $126,958 |
| Receivables, inventories, prepaids | $16,951 | $44,976 | $10,192 | $830 | $1,582 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $911,723 | $312,870 | $931,146 | $788,425 | $128,540 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $2,738,559 | $2,770,957 | $1,822,601 | $861,346 | $855,870 |
| Other long-term assets | $23,814 | $20,137 | $17,124 | $0 | $0 |
| Total long-term assets | $2,762,373 | $2,791,094 | $1,839,725 | $861,346 | $855,870 |
| Total assets | $3,674,096 | $3,103,964 | $2,770,871 | $1,649,771 | $984,410 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $8,498 | $2,187 | $4,765 | $5,592 | $3,665 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $8,498 | $2,187 | $4,765 | $5,592 | $3,665 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $13,598 | $3,210 | $3,434 | $3,611 | $50 |
| Total long-term liabilities | $13,598 | $3,210 | $3,434 | $3,611 | $50 |
| Total liabilities | $22,096 | $5,397 | $8,199 | $9,203 | $3,715 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $3,556,601 | $3,009,918 | $1,936,801 | $924,352 | $935,933 |
| With donor restrictions | $95,399 | $88,649 | $825,871 | $716,216 | $44,762 |
| Net assets | $3,652,000 | $3,098,567 | $2,762,672 | $1,640,568 | $980,695 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $1,160,905 | $1,212,924 | $1,826,633 | $1,329,458 | $776,862 |
| Program service revenue | $36,343 | $22,624 | $16,802 | $31,321 | $34,981 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $602 | $843 | $3,242 | $24 | $170 |
| Other revenue | $322,215 | ($4,240) | $33,944 | ($14,369) | ($29,539) |
| Total other revenue | $359,160 | $19,227 | $53,988 | $16,976 | $5,612 |
| Total revenue | $1,520,065 | $1,232,151 | $1,880,621 | $1,346,434 | $782,474 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $565,443 | $535,607 | $416,327 | $379,159 | $430,908 |
| Management and general | $206,091 | $178,613 | $182,208 | $179,637 | $110,152 |
| Fundraising | $197,533 | $184,155 | $158,239 | $127,765 | $52,436 |
| Total expenses | $969,067 | $898,375 | $756,774 | $686,561 | $593,496 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $550,998 | $333,776 | $1,123,847 | $659,873 | $188,978 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $550,998 | $333,776 | $1,123,847 | $659,873 | $188,978 |
Compensation
| Name | Title | Compensation |
| Vicki Murray | Executive Dir. | $68,872 |
| Debbie Haynes | Prog. Director | $41,153 |
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 11/16/2022. To update the information below, please email: [email protected]
History
To see a timeline of Safe Harbor's history, visit: safeharbornc.org/who-we-are/our-history/