SILVER2023

Home for Healing

#helpingfamiliesfacinghorriblehealthissues

aka Family Home of Little Rock   |   Little Rock, AR   |  www.homeforhealing.org
GuideStar Charity Check

Home for Healing

EIN: 71-0840896


Mission

Home for Healing (formerly the Family Home) offers support to parents of NICU infants, individuals and their caregivers undersgoing cancer treatment, and caregiver of individuals who are in intensive care units by providing convenient and free lodging in a peaceful and restorative environment. Our guests may include adult and teenage cancer patients and their caregivers, parents of infants in the neonatal intensive care unity, and family members with a loved one in ICU

Ruling year info

2000

Executive Director

Kristin Trulock

Main address

4300 West Markham Street

Little Rock, AR 72205 USA

Show more contact info

EIN

71-0840896

Subject area info

Patient social services

Medical support services

Family services

Housing services

Population served info

Children and youth

Adults

Parents

Widows and widowers

Caregivers

NTEE code info

Health Support Services (E60)

Other Housing Support Services (L80)

Health Support Services (E60)

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Home for Healing

We provide no-cost lodging for cancer patients receiving outpatient treatment for Cancer at any local facility and for parents of babies in the Neonatal Intensive Care Units, and family members with a loved one in ICU. Families can stay as long as they are being treated.

Population(s) Served
Adults
Caregivers

Where we work

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Home for Healing
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

144.67

Average of 16.26 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

15.3

Average of 13.2 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

8%

Average of 10% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Home for Healing

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Home for Healing

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Home for Healing

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Home for Healing’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $38,790 $50,983 $62,378 $112,753 $159,651
As % of expenses 19.1% 27.5% 38.8% 47.3% 56.2%
Unrestricted surplus (deficit) after depreciation -$2,328 $9,194 $19,463 $68,295 $114,605
As % of expenses -1.0% 4.0% 9.5% 24.2% 34.8%
Revenue composition info
Total revenue (unrestricted & restricted) $241,370 $236,207 $223,268 $351,007 $443,784
Total revenue, % change over prior year 2.3% -2.1% -5.5% 57.2% 26.4%
Program services revenue 7.8% 5.7% 5.6% 6.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.1% 0.0% 0.0% 0.3%
Government grants 0.0% 0.0% 8.2% 4.0% 0.0%
All other grants and contributions 91.8% 94.7% 86.3% 89.9% 99.7%
Other revenue 0.4% -0.5% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $202,580 $185,224 $160,890 $238,254 $284,133
Total expenses, % change over prior year -5.8% -8.6% -13.1% 48.1% 19.3%
Personnel 52.1% 51.0% 48.5% 49.9% 53.3%
Professional fees 3.3% 3.2% 3.7% 1.6% 0.8%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 1.0% 1.0% 0.1% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 43.6% 44.7% 47.7% 48.5% 45.9%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $243,698 $227,013 $203,805 $282,712 $329,179
One month of savings $16,882 $15,435 $13,408 $19,855 $23,678
Debt principal payment $103,450 $80,998 $0 $15,401 $0
Fixed asset additions $0 $0 $0 $0 $105,300
Total full costs (estimated) $364,030 $323,446 $217,213 $317,968 $458,157

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 0.9 0.5 16.4 15.4 15.3
Months of cash and investments 0.9 0.5 16.4 15.4 15.3
Months of estimated liquid unrestricted net assets 13.0 11.7 16.4 15.5 15.3
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $15,495 $8,000 $219,396 $306,547 $363,410
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $1,985,983 $1,990,117 $2,028,500 $2,038,702 $2,144,002
Accumulated depreciation (as a % of LBE) 26.3% 28.2% 29.8% 31.8% 32.3%
Liabilities (as a % of assets) 5.0% 0.0% 0.9% 0.0% 0.1%
Unrestricted net assets $1,600,605 $1,609,799 $1,629,262 $1,697,557 $1,812,162
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $1,600,605 $1,609,799 $1,629,262 $1,697,557 $1,812,162

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Kristin Trulock

Number of employees

Source: IRS Form 990

Home for Healing

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Home for Healing

Board of directors
as of 02/27/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Kristi Moody

Home for Healing

Term: 2020 - 2023


Board co-chair

Ellon Cockrill

Home for Healing

Term: 2020 - 2023

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Not applicable
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Not applicable
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 2/27/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

There are no contractors recorded for this organization.

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser