Sheridan House Inc / Sheridan House Family Ministries 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/18/2022. To update the information in this column, please email: info@ministrywatch.com
Summary
Sheridan House is a multifaceted ministry dedicated to helping families from our Parenting On Purpose radio broadcast to our Residential Boys' Homes, Single Mom Ministry or our Counseling Centers.
Contact information
Mailing address:
Sheridan House Inc
1700 S Flamingo Rd
Davie, FL 33325
Website: www.sheridanhouse.org
Phone: (954) 583-1552
Email: info@sheridanhouse.org
Organization details
EIN: 591258384
CEO/President: Dr. Bob Barnes
Chairman: Amy Mahaney
Board size: 16
Founder: Bill Billingsley, Sheridan Hills Baptist Church
Ruling year: 1969
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 1992
Purpose
Sheridan House is committed to offering our community services, which give children and families the opportunity to reach their full, God given, potential; opportunities that might otherwise not be available due to impeding circumstances in the home.
Sheridan House exists because families matter. They matter to God and they matter to us. That's why we provide Answers for Today's Family through our various ministries.
In each ministry we are honoring Christ by serving the needs of children and families. As we encourage, equip, and educate families with God's plan on how to navigate life successfully, we hope to strengthen families, the community, and the kingdom of God. Since 1968, Sheridan House has served over 1,000,000 families in Jesus' name.
Mission statement
The mission of Sheridan House Family Ministries, Inc. is to honor Christ, by serving the needs of children and families.
Statement of faith
We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
We believe in one God, externally existing in three persons: Father, Son, and the Holy Spirit.
We believe that Jesus Christ was begotten by the Holy Spirit, born of the Virgin Mary and is true God and true man.
We believe that man was created in the image of God; that he sinned and thereby incurred not only physical death but also that spiritual death, which is separation from God, and that all human beings are born with a sinful nature.
We believe that the Lord, Jesus Christ, died for our sins, according to the Scriptures as a representative and substitutionary sacrifice; and that all who believe in Him are justified on the ground of His shed blood.
We believe in the resurrection of the crucified body of our Lord, in His ascension into heaven and in His present life there for us as Advocate.
We believe in the personal, imminent return of our Lord and Savior, Jesus Christ.
We believe that all who receive by faith the Lord, Jesus Christ are born again of the Holy Spirit and thereby become children of God.
We believe in the bodily resurrection of the just and unjust, the everlasting blessedness of the saved and the everlasting punishment of the lost.
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 | | 277 of 1022 | 49 of 160 |
| Fund acquisition rating | | 120 of 1024 | 13 of 160 |
| Resource allocation rating | | 95 of 1024 | 19 of 160 |
| Asset utilization rating | | 943 of 1022 | 152 of 160 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 1% | 1% | 5% | 8% | 36% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 8% | 1% | 1% | 0% | 3% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 91% | 87% | 80% | 9% | 37% | 12% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 10% | 2% | 2% | 4% | 4% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 9% | 13% | 20% | 91% | 63% | 88% |
| Operating ratios | Sector median | 2020 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 94% | 93% | 84% | 84% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 89% | 63% | 51% | 10% | 71% | 107% |
Program output ratio Program output ratio = Program services / Total revenue | 70% | 59% | 47% | 9% | 60% | 90% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 11% | 37% | 49% | 90% | 29% | -7% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 8% | 2% | 2% | 28% | 2% | 0% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 5% | 5% | 12% | 12% | 12% |
| Investing ratios | Sector median | 2020 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.55 | 0.04 | 0.02 | 0.03 | 0.03 | 0.03 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.27 | 5.33 | 4.20 | 6.38 | 8.72 | 9.72 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.85 | 0.19 | 0.09 | 0.19 | 0.30 | 0.34 |
| Liquidity ratios | Sector median | 2020 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.95 | 1462.28 | 3084.70 | 0.00 | 1062.61 | 953.56 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.53 | 64.31 | 127.83 | 62.92 | 39.80 | 35.29 |
| Solvency ratios | Sector median | 2020 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 7% | 8% | 8% | 30% | 31% |
Debt ratio Debt ratio = Debt / Total assets | 1% | 7% | 8% | 8% | 30% | 31% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 150% | 2657% | 4132% | 3082% | 2035% | 1976% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2018 | 2017 | 2016 | 2015 |
| Cash | $3,097,931 | $2,608,807 | $841,259 | $365,991 | $154,790 |
| Receivables, inventories, prepaids | $0 | $1,509,456 | $1,527,193 | $1,090,839 | $1,119,785 |
| Short-term investments | $945,284 | $761,729 | $823,230 | $742,782 | $699,296 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $4,043,215 | $4,879,992 | $3,191,682 | $2,199,612 | $1,973,871 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $15,692,452 | $15,147,898 | $16,533,129 | $16,319,806 | $16,508,359 |
| Other long-term assets | $1,801,000 | $470,300 | $643,100 | $662,700 | $713,000 |
| Total long-term assets | $17,493,452 | $15,618,198 | $17,176,229 | $16,982,506 | $17,221,359 |
| Total assets | $21,536,667 | $20,498,190 | $20,367,911 | $19,182,118 | $19,195,230 |
| Liabilities | 2020 | 2018 | 2017 | 2016 | 2015 |
| Payables and accrued expenses | $2,765 | $1,582 | $0 | $2,070 | $2,070 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $2,765 | $1,582 | $0 | $2,070 | $2,070 |
| Debt | $1,501,346 | $1,573,977 | $1,610,357 | $5,698,417 | $5,946,861 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $1,501,346 | $1,573,977 | $1,610,357 | $5,698,417 | $5,946,861 |
| Total liabilities | $1,504,111 | $1,575,559 | $1,610,357 | $5,700,487 | $5,948,931 |
| Net assets | 2020 | 2018 | 2017 | 2016 | 2015 |
| Without donor restrictions | $17,305,596 | $17,380,205 | $16,952,165 | $11,807,313 | $11,834,001 |
| With donor restrictions | $2,726,960 | $1,542,426 | $1,805,389 | $1,674,318 | $1,412,298 |
| Net assets | $20,032,556 | $18,922,631 | $18,757,554 | $13,481,631 | $13,246,299 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2018 | 2017 | 2016 | 2015 |
| Total contributions | $1,047,183 | $720,593 | $512,486 | $341,426 | $74,000 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $38,592 | $57,519 | $3,950,652 | $28,814 | $24,463 |
| Other revenue | $120,000 | $120,000 | $1,407,428 | $558,000 | $527,190 |
| Total other revenue | $158,592 | $177,519 | $5,358,080 | $586,814 | $551,653 |
| Total revenue | $1,205,775 | $898,112 | $5,870,566 | $928,240 | $625,653 |
| Expenses | 2020 | 2018 | 2017 | 2016 | 2015 |
| Program services | $706,419 | $423,861 | $513,883 | $559,336 | $565,886 |
| Management and general | $34,508 | $24,739 | $70,513 | $76,844 | $77,842 |
| Fundraising | $13,034 | $9,345 | $24,275 | $26,454 | $26,799 |
| Total expenses | $753,961 | $457,945 | $608,671 | $662,634 | $670,527 |
| Change in net assets | 2020 | 2018 | 2017 | 2016 | 2015 |
| Surplus (deficit) | $451,814 | $440,167 | $5,261,895 | $265,606 | ($44,874) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $451,814 | $440,167 | $5,261,895 | $265,606 | ($44,874) |
Compensation
| Name | Title | Compensation |
| Richard A Weber | President | $186,226 |
| Robert Barnes | Chief Executive Officer | $161,020 |
Compensation data as of: 12/31/2020
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 3/18/2022. To update the information below, please email: info@ministrywatch.com
History
Our calling is to serve children and families... training parents on how to lead their families in a godly way; to do marriage according to God's plan and to raise up children to take responsibility for themselves and to be tomorrow's leaders - not followers.
1968- Pastor Bill Billingsley and Sheridan Hills Baptist Church turn another local church into a Children's Home, beginning with the parsonage as the home for boys.
1974- Bob Barnes becomes Executive Director of Sheridan House. He is currently in his 39th year of service.
1981- Social Services Program to help single parent families with groceries, clothing and furniture.
1984- Four acres of land was donated in South West Broward (Southwest Ranches) for a girl's campus.
1988- The Michael Jeffery Peters Memorial Counseling Center at Sheridan House opens its doors. The counseling center was built to help individuals and families by offering affordable Christian counseling.
1994- The dream of a new campus was unfolded: a 40 acre campus with eight homes for middle school age boys and girls, a counseling center and a program for single moms with housing a daycare.
2001- By God's grace, demonstrated through the generosity of 700 donors, Sheridan House closed on a new 57 acre campus called "The Miracle on Flamingo Road."
2005- The new campus on Flamingo Road opens with three boy's homes, a counseling center, the Single Mom Care Corner and the Family Resource Center (Sheridan House also operates the original four-acre girl's campus at a separate location off Flamingo Road).
2007- The State of Florida votes to give Sheridan House its own license plate called: "The Family Values" License Plate.
2010- ParentingOnPurpose.org launches with website, blogs and a weekday radio broadcast on Reach FM.
2013- Sheridan House Celebrates 45 years of Ministry! ParentingOnPurpose.org weekday radio broadcast covers the state of Florida reaching up to 40,000 listeners per week with over 200,000 visitors per year!
Program accomplishments
Children and Families Served Last Year:
10,909 parenting on purpose website users
4,416 single moms and their children contacts
3,573 individual counseling center sessions
108 boys and their families through the residential program
73,627 attended seminars and speaking engagements
Needs
Current Needs:
HOME FOR GIRLS - We have a need for a girls home that will accommodate up to ten (10) at risk teenage girls, live-in house parents and a female Behavior Specialist who is also a licensed mental health counselor. The floor plan on the 9,000 square-foot home would mirror the three existing boys homes at our main campus Funding has been put in place for architectural drawings which have been completed. The Town of Davie has approved the site plan. The estimated cost of construction is $1,086,863.
FAMILY TRAINING CENTER - The completion of a multi-purpose building will provide the vehicle for us to help more people. The 10,000 square-foot building has been designed for the following uses:
- Indoor play and training facility for the boys and girls residing at Sheridan House to include a gym large enough to accommodate a full-court basketball / volleyball court.
- Meeting space to seat up to 300 single moms at single event which our current facility cannot handle.
- Training and meeting space to accommodate marriage and parenting seminars currently held offsite.
The building will also include four breakout / meeting rooms, storage space and a prep-Kitchen
A grant in the amount of $50,000 was received in 2014 to fund Architectural Services.
The building design is complete. The site plan is approved by the Town of Davie. Our next phase is project funding. Construction costs are estimated at $2,130,279.
SINGLE MOMS VILLAS - The next step in our ministry to single moms is temporary housing to provide these families much needed help and skills necessary to regain their independence. 2017 is the year we break ground on a multi-family housing complex where the families come live with us for 18-months as we train them on handling finances, budgeting and help with job placement and childcare. 3,750 square foot tri-plex has been designed and approved. Engineering drawings and permitting was funded by a donor family. The permit application was submitted to the Town of Davie in October of 2016 (site plan was approved by the Town of Davie). This $525,000 building has received close to 70% of necessary funding through pledges and cash donations. Sheridan House will need help with the balance of $150,000 to complete the buildout including furnishings and landscaping.