Sanctuary House
- Assets
- $1.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 56
- Location
- Greensboro, NC
- Founding
- 07/2001
- Data as of
- 06/2022
- EIN
- 56-2257832
Organization Overview
Sanctuary House is located in Greensboro, NC. The organization was established in 2001. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2022, Sanctuary House employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanctuary House 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, Sanctuary House generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $1.7m during the year ending 06/2022. While expenses have increased by 13.7% 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
REHABILITATION OF THE MENTALLY ILL
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANCTUARY HOUSE FACILITATES THE RECOVERY AND REHABILITATION OF SERIOUSLY MENTALLY ILL ADULTS. THEIR DAILY AVERAGE IS 50 ADULT PATIENTS IN CONJUNCTION WITH THE GUILFORD COUNTY MENTAL HEALTH DEPT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Albert Treasurer | OfficerTrustee | 2 | $0 |
Kyle Smythe Immediate Past President | OfficerTrustee | 2 | $0 |
Christina Rama Vice President | OfficerTrustee | 2 | $0 |
Wayne Durham Board President | OfficerTrustee | 2 | $0 |
Ryan Todd Board Member | Trustee | 2 | $0 |
Wendy Frye Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,740 |
| All other contributions, gifts, grants, and similar amounts not included above | $383,840 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $432,580 |
| Total Program Service Revenue | $989,585 |
| Investment income | $13,810 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$24,566 |
| Net Income from Fundraising Events | $94,559 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,505,968 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,092,660 |
| Pension plan accruals and contributions | $11,923 |
| Other employee benefits | $0 |
| Payroll taxes | $83,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,534 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,917 |
| Office expenses | $14,812 |
| Information technology | $15,034 |
| Royalties | $0 |
| Occupancy | $10,199 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,137 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,834 |
| Insurance | $93,943 |
| All other expenses | $246,458 |
| Total functional expenses | $1,693,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,130 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,247 |
| 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 | $13,958 |
| Net Land, buildings, and equipment | $527,667 |
| Investments—publicly traded securities | $559,407 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $168,545 |
| Total assets | $1,410,954 |
| Accounts payable and accrued expenses | $97,305 |
| 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 | $257,925 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $355,230 |
| Net assets without donor restrictions | $1,001,299 |
| Net assets with donor restrictions | $54,425 |
| 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 | $1,410,954 |