Lighthouse Outreach Center

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/30/2021. To update the information in this column, please email: info@ministrywatch.com

Summary

The Lighthouse Outreach Center, a Christian-based homeless shelter in Bartlesville, OK, has served thousands of people since its founding in 1992. With a maximum capacity of 65 people, the Lighthouse is the only 24-hour homeless shelter within a 50-mile radius.

Contact information

Mailing address:
Lighthouse Outreach Center
1411 W Hensley Blvd
Bartlesville, OK 74003

Website: bartlesvillelighthouse.org

Phone: 918-336-9029

Email: info@bartlesvillelighthouse.org

Organization details

EIN: 731395606

CEO/President: Errol Hada

Chairman: Bob Brchan

Board size: 8

Founder:

Ruling year: 1992

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2018

Purpose

Providing Help and Hope for the Homeless in Bartlesville, NE Oklahoma, and SE Kansas.

Mission statement

Our goal is to provide the resources and training to help residents become self-sufficient citizens of the community.

Statement of faith

Donor confidence score

Show donor confidence score details

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		6 of 1022	2 of 160
Fund acquisition rating		78 of 1024	9 of 160
Resource allocation rating		5 of 1024	2 of 160
Asset utilization rating		52 of 1022	11 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%	0%	1%	12%	16%	18%
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue	8%	0%	1%	11%	16%	18%
Contributions reliance Contributions reliance = Total contributions / Total revenue	91%	87%	89%	87%	100%	100%
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses	10%	0%	1%	9%	18%	21%
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue	9%	13%	11%	13%	0%	0%

Operating ratios	Sector median	2019	2018	2017	2016	2015
Program expense ratio Program expense ratio = Program services / Total expenses	79%	100%	99%	91%	69%	71%
Spending ratio Spending ratio = Total expenses / Total revenue	89%	105%	89%	117%	89%	87%
Program output ratio Program output ratio = Program services / Total revenue	70%	105%	89%	107%	62%	61%
Savings ratio Savings ratio = Surplus (deficit) / Total revenue	11%	-5%	11%	-17%	11%	13%
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets	8%	-5%	12%	-15%	8%	10%
General and admin ratio General and admin ratio = Management and general expense / Total expenses	9%	0%	0%	0%	13%	9%

Investing ratios	Sector median	2019	2018	2017	2016	2015
Total asset turnover Total asset turnover = Total expenses / Total assets	0.55	1.12	0.96	0.98	0.66	0.68
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets	3.27	7.82	7.28	8.96	3.56	4.14
Current asset turnover Current asset turnover = Total expenses / Total current assets	1.85	8.75	7.00	8.81	2.35	2.81

Liquidity ratios	Sector median	2019	2018	2017	2016	2015
Current ratio Current ratio = Total current assets / Total current liabilities	12.95	58.58	51.61	13.82	0.00	0.00
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets	0.07	0.02	0.02	0.07	0.00	0.00
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12)	5.53	1.35	1.68	1.26	5.11	4.28

Solvency ratios	Sector median	2019	2018	2017	2016	2015
Liabilities ratio Liabilities ratio = Total liabilities / Total assets	10%	0%	0%	1%	0%	0%
Debt ratio Debt ratio = Debt / Total assets	1%	0%	0%	0%	0%	0%
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses	150%	89%	104%	101%	152%	148%

Financials

Balance sheet

Assets	2019	2018	2017	2016	2015
Cash	$49,557	$56,051	$40,395	$123,528	$98,292
Receivables, inventories, prepaids	$0	$0	$0	$0	$0
Short-term investments	$0	$0	$0	$1,609	$958
Other current assets	$0	$0	$0	$0	$0
Total current assets	$49,557	$56,051	$40,395	$125,137	$99,250
Long-term investments	$0	$0	$0	$0	$0
Fixed assets	$338,000	$351,659	$320,849	$320,427	$311,809
Other long-term assets	$0	$180	$818	$0	$0
Total long-term assets	$338,000	$351,839	$321,667	$320,427	$311,809
Total assets	$387,557	$407,890	$362,062	$445,564	$411,059

Liabilities	2019	2018	2017	2016	2015
Payables and accrued expenses	$846	$1,086	$2,922	$0	$0
Other current liabilities	$0	$0	$0	$0	$0
Total current liabilities	$846	$1,086	$2,922	$0	$0
Debt	$0	$0	$0	$0	$0
Due to (from) affiliates	$0	$0	$0	$0	$0
Other long-term liabilities	$0	$0	$0	$0	$0
Total long-term liabilities	$0	$0	$0	$0	$0
Total liabilities	$846	$1,086	$2,922	$0	$0

Net assets	2019	2018	2017	2016	2015
Without donor restrictions	$386,711	$406,804	$359,140	$0	$0
With donor restrictions	$0	$0	$0	$0	$0
Net assets	$386,711	$406,804	$359,140	$445,564	$411,059

Revenues and expenses

Revenue	2019	2018	2017	2016	2015
Total contributions	$360,351	$389,830	$265,153	$327,096	$319,555
Program service revenue	$49,996	$47,167	$26,933	$0	$0
Membership dues	$0	$0	$0	$0	$0
Investment income	$939	$1,480	$1,273	$1,398	$810
Other revenue	$1,500	$1,916	$10,345	$0	$0
Total other revenue	$52,435	$50,563	$38,551	$1,398	$810
Total revenue	$412,786	$440,393	$303,704	$328,494	$320,365

Expenses	2019	2018	2017	2016	2015
Program services	$433,653	$390,238	$323,469	$203,472	$196,410
Management and general	$0	$0	$0	$37,861	$24,614
Fundraising	$0	$2,279	$32,472	$52,443	$57,504
Total expenses	$433,653	$392,517	$355,941	$293,776	$278,528

Change in net assets	2019	2018	2017	2016	2015
Surplus (deficit)	($20,867)	$47,876	($52,237)	$34,718	$41,837
Other changes in net assets	$0	$0	$0	$0	$0
Total change in net assets	($20,867)	$47,876	($52,237)	$34,718	$41,837

Compensation

Compensation data for this ministry has not been collected.

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 11/30/2021. To update the information below, please email: info@ministrywatch.com

History

Program accomplishments

The Impact We Made Together Last Year:

14 Received Salvation

127 Found Employment

32,162 Meals Served

Question	Response	Score
Does the organization have a statement of faith consistent with historic Christian creeds and is that statement of easily found on its website?	No	0/5
Does the board have no more than 2 non-independent members?	Yes	5/5
Does the board have at least four independent board members for every non-independent member?	Yes	5/5
Does the board contain between 5 and 11 members?	Yes	5/5
Does the organization file a Form 990 and make its Form 990 available to the public?	Yes	10/10
Does the organization make its audit or review (if annual revenue is less than $1-m) available on its website?	No	0/5
Is the organization a member of the ECFA?	Yes	10/10
Is the CEO/President's compensation within one standard deviation of the median compensation?	Yes	5/5
Did the organization operate at a net profit (revenue greater than expenses) in the most recent year?	No	0/5
Does the organization refrain from owning or leasing a private aircraft, or having fractional interest in one, that is primarily used for travel by the organization's leaders?	Yes	5/5
For the past five years, has the organization been free of any lawsuits or administrative actions filed against it by an employee, client, board member, vendor, donor, or other related party?	Yes	5/5
Are author royalties and speaking engagement fees paid to the organization, and not the individual?	Yes	5/5
Does the organization require its employees to affirm upon hiring the statement of faith of the organization?	Yes	5/5
Is the board chair an independent member of the board, and not the founder and/or CEO/President?	Yes	5/5
Does the board have term limits?	Yes	5/5
Have there been no public accusations of misdeeds against the organization, founder, CEO, senior pastor, or board members in the past five years?	Yes	5/5
Has the organization refrained from the use of non-disclosure agreements?	Yes	5/5
Does the organization have an overall financial efficiency rating of at least 2 stars?	Yes	5/5
Total donor confidence score		85/100