Malachi House Inc
- Assets
- $16.9m
- Revenue
- $2.1m
- Investments
- $16.2m
- Employees
- 34
- Location
- Cleveland, OH
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 34-1598707
Organization Overview
Malachi House Inc is located in Cleveland, OH. The organization was established in 1946. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Malachi House Inc employed 34 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Malachi 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, Malachi House Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 2.6% 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
SOLE PURPOSE IS TO PROVIDE CARE, WITHOUT COST, TO TERMINALLY ILL, INDIGENT INDIVIDUALS IN THE CLEVELAND, OHIO METROPOLITAN AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
MALACHI HOUSE SERVED 45 RESIDENTS DURING THE FISCAL YEAR.FUNDING PROVIDED BY CONTRIBUTIONS FROM THE GENERAL PUBLIC ALLOWED MALACHI HOUSE TO ACCEPT ALL QUALIFIED RECIPIENTS WHO APPLIED FOR ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Ghazoul Hilow Executive Director | Officer | 40 | $135,274 |
Jeffrey Neuman Treasurer | OfficerTrustee | 5 | $0 |
Donna M Skurzak Secretary | OfficerTrustee | 1 | $0 |
John Schriner Chairperson | OfficerTrustee | 5 | $0 |
L Joseph Lee Trustee | OfficerTrustee | 1 | $0 |
Terrence V Upchurch II Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,367,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,367,300 |
| Total Program Service Revenue | $0 |
| Investment income | $402,004 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $669,990 |
| Net Income from Fundraising Events | $17,039 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,087,708 |
| 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. | $135,274 |
| Compensation of current officers, directors, key employees. | $45,091 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $684,088 |
| Pension plan accruals and contributions | $56,175 |
| Other employee benefits | $113,569 |
| Payroll taxes | $66,457 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $120,720 |
| Fees for services: Other | $15,950 |
| Advertising and promotion | $60,838 |
| Office expenses | $19,097 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,056 |
| 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 | $0 |
| Insurance | $8,987 |
| All other expenses | $12,503 |
| Total functional expenses | $1,544,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $567,827 |
| Savings and temporary cash investments | $65,052 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $16,190,753 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,842 |
| Total assets | $16,857,474 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $7,939,266 |
| Net assets with donor restrictions | $8,918,208 |
| 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 | $16,857,474 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Malachi House Inc has recieved totaling $1,125.
| Awarding Organization | Amount |
|---|---|
Luciano Family Foundation Independence, OH PURPOSE: GENERAL | $1,000 |
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $125 |
Endowment Analysis
| Beg. Balance | $18,803,198 |
| Earnings | -$2,168,850 |
| Admin Expense | $120,720 |
| Ending Balance | $16,513,628 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Net Treatment Services Inc Philadelphia, PA | $7,104,223 | $17,590,215 |
Isaiah House Inc Willisburg, KY | $14,474,980 | $21,645,314 |
Southwest Behavioral Care Inc Charleroi, PA | $4,655,693 | $16,384,731 |
Merakey Parkside Recovery Lafayette Hill, PA | $6,334,030 | $14,518,954 |
Horizon House Inc Philadelphia, PA | $38,584,419 | $28,628,800 |
Pike County Recovery Council Inc Waverly, OH | $19,313,733 | $14,538,922 |
Livengrin Foundation Inc Bensalem, PA | $27,681,374 | $15,325,096 |
Community Drug Board Inc Akron, OH | $9,012,465 | $13,175,900 |
Unlawful Narcotics Investigations Treatment And Education Inc Somerset, KY | $6,846,774 | $10,151,630 |
Stella Maris Inc Cleveland, OH | $14,088,403 | $9,931,299 |
Berks Counseling Center Inc Reading, PA | $15,002,455 | $15,172,883 |
Self Help Movement Inc Philadelphia, PA | $10,304,701 | $9,567,797 |