Prospect House Inc is located in Cincinnati, OH. The organization was established in 1971. As of 06/2022, Prospect House Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prospect House Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Prospect House Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ALCOHOL AND DRUG REHABILITATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 65 BED RECOVERY FACILITY FOR CHEMICALLY DEPENDENT MEN, MOST OF WHOM ARE INDIGENT. SHELTERED AND COUNSELED RESIDENTS DURING THE YEAR THROUGH A VARIETY OF TREATMENT PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roger Zellars Former Assistant E.d. | 40 | $106,896 | |
David Logan Former Executive Director | 40 | $106,262 | |
John Mclellan Executive Director | OfficerTrustee | 40 | $66,402 |
Bill Cottell Vice President | OfficerTrustee | 4 | $0 |
Eugene Mayberry Secretary | OfficerTrustee | 4 | $0 |
Anthony Woodward Treasurer | OfficerTrustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $672,702 |
All other contributions, gifts, grants, and similar amounts not included above | $452,849 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,125,551 |
Total Program Service Revenue | $216,857 |
Investment income | $455 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $200 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,625,930 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $251,933 |
Compensation of current officers, directors, key employees. | $108,362 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $650,158 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $62,585 |
Payroll taxes | $74,037 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $59,314 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $25,785 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $96,185 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,105 |
Insurance | $36,684 |
All other expenses | $44,735 |
Total functional expenses | $1,538,743 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,498,981 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $10,000 |
Accounts receivable, net | $82,301 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $23,696 |
Net Land, buildings, and equipment | $150,272 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,606,422 |
Total assets | $3,371,672 |
Accounts payable and accrued expenses | $121,981 |
Grants payable | $0 |
Deferred revenue | $2,000 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $112,803 |
Total liabilities | $236,784 |
Net assets without donor restrictions | $2,409,485 |
Net assets with donor restrictions | $725,403 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,371,672 |
Over the last fiscal year, we have identified 12 grants that Prospect House Inc has recieved totaling $196,342.
Awarding Organization | Amount |
---|---|
Trust Estate Of George B Riley Terrace Park, OH PURPOSE: ADDICTION SERVICES | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $25,500 |
Columbus Foundation Columbus, OH PURPOSE: HEALTH | $25,000 |
Sauerland Foundation Milford, OH PURPOSE: DONATION | $22,000 |
Substance Abuse Management And Development Corporation Cincinnati, OH PURPOSE: To provide high quality drug and alcohol treatment in a long-term residential setting to men without money, insurance or other resources. | $20,000 |
Johnson Charitable Gift Fund Cincinnati, OH PURPOSE: PROSPECTHOUSECAMPAIG | $17,500 |
Organization Name | Assets | Revenue |
---|---|---|
Health Recovery Services Inc Athens, OH | $8,763,230 | $12,930,618 |
Community Living Options Kalamazoo, MI | $6,743,663 | $8,565,457 |
Mariners Inn Detroit, MI | $6,378,725 | $3,288,527 |
Chrysalis House Inc Lexington, KY | $4,777,995 | $3,945,580 |
Reach For Recovery Inc Holland, MI | $2,060,719 | $2,799,047 |
Hitchcock Center For Women Inc Cleveland, OH | $1,513,708 | $2,776,089 |
Northern Michigan Substance Abuse Services Inc Gaylord, MI | $1,254,585 | $2,124,448 |
Recovery Centers Inc Xenia, OH | $5,565,031 | $2,272,898 |
Threshold Inc Greensburg, PA | $1,007,882 | $1,831,505 |
Prospect House Inc Cincinnati, OH | $3,371,672 | $1,625,930 |
Talbert House Primary Care Cincinnati, OH | $49,217 | $1,362,137 |
Sanilac Therapeutic Alternative Residential Treatment Deckerville, MI | $331,711 | $1,183,405 |