Three Oaks Homeless Shelter Inc
- Assets
- $3.9m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 29
- Location
- Lexington Park, MD
- Founding
- 01/1994
- Data as of
- 06/2021
- EIN
- 52-1849276
Organization Overview
Three Oaks Homeless Shelter Inc is located in Lexington Park, MD. The organization was established in 1994. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Three Oaks Homeless Shelter Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Oaks Homeless Shelter 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 06/2021, Three Oaks Homeless Shelter Inc generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $4.7m during the year ending 06/2021. While expenses have increased by 23.0% per year over the past 6 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.
Since 2020, Three Oaks Homeless Shelter Inc has awarded 18 individual grants totaling $1,971,627. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ORGANIZATION IS TO OFFER PROGRAMS THAT PROVIDE HOMELESS PERSONS WITH HOUSING, STABILIZATION, ASSESSMENT, AND REFERRAL TO APPROPRIATE RESOURCES SO THAT THEY MAY RETURN TO LIVING PRODUCTIVE, SELF-SUFFICIENT LIVES IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THREE OAKS CENTER PROVIDES OUTREACH AND PREVENTION SERVICES AND EMERGENCY, PERMANENT SUPPORTIVE HOUSING, AND REHOUSING THAT HELPS INDIVIDUALS AND FAMILIES MEET BASIC NEEDS FOR SHELTER, STABILIZATION, AND ASSESSMENT. THIS FISCAL YEAR WE SERVED 814 CLIENTS AND PROVIDED 45,163 BEDNIGHTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hs Lancaster Executive Director | Officer | 40 | $132,230 |
B Saylor President | OfficerTrustee | 1 | $0 |
M Morgan Secretary | OfficerTrustee | 1 | $0 |
J H Sterling Treasurer | OfficerTrustee | 1 | $0 |
M A Guy Vice President | OfficerTrustee | 1 | $0 |
J Moran Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $10,100 |
| Membership dues | $0 |
| Fundraising events | $7,500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $395,449 |
| Noncash contributions included in lines 1a–1f | $156,075 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $413,049 |
| Total Program Service Revenue | $4,675,957 |
| Investment income | $16,761 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,003 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,125,353 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,016,091 |
| 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. | $132,230 |
| Compensation of current officers, directors, key employees. | $15,286 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $956,802 |
| Pension plan accruals and contributions | $23,064 |
| Other employee benefits | $149,164 |
| Payroll taxes | $87,094 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,500 |
| Advertising and promotion | $0 |
| Office expenses | $189,272 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,096 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,268 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,890 |
| Insurance | $19,058 |
| All other expenses | $55,076 |
| Total functional expenses | $4,693,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $970,660 |
| Savings and temporary cash investments | $529,277 |
| Pledges and grants receivable | $793,964 |
| Accounts receivable, net | $8,969 |
| 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 | $11,585 |
| Net Land, buildings, and equipment | $770,233 |
| Investments—publicly traded securities | $738,310 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,236 |
| Total assets | $3,850,234 |
| Accounts payable and accrued expenses | $428,243 |
| Grants payable | $0 |
| Deferred revenue | $487,891 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $10,811 |
| 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 | $111,432 |
| Total liabilities | $1,038,377 |
| Net assets without donor restrictions | $2,518,112 |
| Net assets with donor restrictions | $293,745 |
| 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 | $3,850,234 |
Grants Awarded
Over the last fiscal year, Three Oaks Homeless Shelter Inc has awarded $1,016,091 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
La Plata, MD PURPOSE: HOMELESS SOLUTIONS PROGRAM/EHP - EMERGENCY HOUSING PROGRAM | $463,524 |
Washington, DC PURPOSE: HSP - HOMELESS SOLUTIONS PROGRAM / ESG-CV1-EMERGENCY SOLUTIONS PROGRAM / EHP - EMERGENCY HOUSING PROGRAM | $274,060 |
Prince Frederick, MD PURPOSE: HOMELESS SOLUTIONS PROGRAM / ESG-CV1 - EMERGENCY SOLUTIONS PROGRAM - CV1 / EHP-EMERGENCY HOUSING PROGRAM | $129,077 |
CALVERT COUNTY HEALTH DEPARTMENT PURPOSE: HOMELESS SOLUTIONS PROGRAM/ESG-CV1 - EMERGENCY SOLUTIONS PROGRAM - CV1 | $77,991 |
ST MARY'S COUNTY DEPARTMENT OF SOCIAL SERVICES PURPOSE: HOMELESS SOLUTIONS PROGRAM / ESG CV1 - EMERGENCY SOLUTIONS PROGRAM / EHP - EMERGENCY HOUSING PROGRAM | $62,193 |
Prince Frederick, MD PURPOSE: HOMELESS SOLUTIONS PROGRAM | $9,246 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Three Oaks Homeless Shelter Inc has recieved totaling $5,048.
| Awarding Organization | Amount |
|---|---|
Nora Roberts Foundation Inc Glenn Dale, MD PURPOSE: OPERATIONS | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $48 |
Endowment Analysis
| Beg. Balance | $236,193 |
| Earnings | $43,164 |
| Other Expense | -$2,038 |
| Ending Balance | $277,320 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pathways To Housing Dc Washington, DC | $5,758,057 | $16,638,117 |
For The Girls Wheaton, MD | $1,479,241 | $6,747,271 |
Ministry Of Caring Inc Wilmington, DE | $54,478,470 | $18,387,590 |
Washington City Mission Inc Washington, PA | $16,120,298 | $9,648,991 |
West Virginia Coalition To End Homelessness Inc Bridgeport, WV | $2,317,658 | $6,094,283 |
Sunday Breakfast Mission Inc Wilmington, DE | $4,993,821 | $9,441,519 |
Miriams Kitchen Washington, DC | $5,984,794 | $8,193,619 |
Coalition For The Homeless Inc Washington, DC | $8,210,055 | $6,494,266 |
Back On My Feet Philadelphia, PA | $5,878,607 | $7,836,795 |
Samaritan Inns Inc Washington, DC | $7,778,668 | $4,753,931 |
Rescue Mission Of Roanoke Inc Roanoke, VA | $11,303,940 | $5,672,596 |
Three Oaks Homeless Shelter Inc Lexington Park, MD | $3,850,234 | $5,125,353 |