Boston Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/7/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

We are transforming lives by empowering people at risk to achieve healthy and self-sufficient lives. We are serving our guests, our residents, and each other with respect, dignity and grace. We operate an emergency overnight shelter for more than 1,500 women and men every year. We offer healthy and hearty meals, basic necessities, and bathroom and shower facilities. We provide sober living and life growth shelter communities for men in recovery transitioning from homelessness to independent living. Our Safe Haven group home has helped hundreds of chronically homeless veterans transition to independent living.


Contact information

Mailing address:
Boston Rescue Mission
39 Kingston St.
Boston, MA 02111

Website: brm.org

Phone: 617-338-9000

Email: info@brm.org


Organization details

EIN: 042104726

CEO/President: John G. Samaan

Chairman: Elizabeth Keely and Scott Sargis

Board size: 10

Founder:

Year founded: 1932

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

The Boston Rescue Mission transforms lives by empowering individuals experiencing homelessness or who are at risk of becoming homeless to achieve and sustain life skills necessary to become more self-sufficient.


Mission statement

Our mission is: To offer resources that prevent and end homelessness. To support the recovery, health, faith, and independence of those who have a history of substance abuse, incarceration, and homelessness. To raise awareness about the root causes of these life risks. To serve everyone with respect, integrity, and grace. To continue to learn, grow, and excel in our services. To be good stewards of the resources entrusted to us by our supporters. To reflect the teachings of Jesus and the love of God in all we do.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating366 of 81776 of 150
Fund acquisition rating289 of 81752 of 150
Resource allocation rating401 of 81777 of 150
Asset utilization rating470 of 817102 of 150

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%7%12%11%10%12%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%5%8%8%8%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%68%62%68%76%75%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%8%14%13%12%14%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%32%38%32%24%25%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%79%80%81%83%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%57%55%59%64%65%
Program output ratio Program output ratio =
Program services /
Total revenue
76%45%44%48%53%53%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%43%45%41%36%35%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%6%7%6%6%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%6%6%5%5%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.080.080.080.100.11
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.901.111.131.161.211.25
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.490.090.100.100.120.13
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.92250.86257.14301.89169.9938.60
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.000.000.000.010.03
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.13136.14125.25123.1797.4188.37
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%3%3%3%3%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%1%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%1230%1151%1161%959%917%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$563,625$717,938$498,065$636,482$487,119
Receivables, inventories, prepaids$592,860$963,646$298,766$358,267$591,587
Short-term investments$40,724,233$35,489,707$31,403,124$25,701,816$23,514,526
Other current assets$0$0$0$0$0
Total current assets$41,880,718$37,171,291$32,199,955$26,696,565$24,593,232
Long-term investments$31,901$69,711$130,431$318,320$628,556
Fixed assets$4,685,811$4,856,860$5,092,062$5,325,045$5,571,622
Other long-term assets$0$0$0$0$0
Total long-term assets$4,717,712$4,926,571$5,222,493$5,643,365$6,200,178
Total assets$46,598,430$42,097,862$37,422,448$32,339,930$30,793,410
 
Liabilities20192018201720162015
Payables and accrued expenses$154,265$122,500$106,661$156,463$637,198
Other current liabilities$12,685$22,056$0$583$0
Total current liabilities$166,950$144,556$106,661$157,046$637,198
Debt$154,700$154,700$154,700$154,700$154,700
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,067,486$958,306$850,133$685,995$183,463
Total long-term liabilities$1,222,186$1,113,006$1,004,833$840,695$338,163
Total liabilities$1,389,136$1,257,562$1,111,494$997,741$975,361
 
Net assets20192018201720162015
Unrestricted$44,549,439$40,197,267$35,667,476$30,716,924$29,089,053
Temporarily restricted$659,855$128,682$129,127$110,914$214,645
Permanently restricted$0$514,351$514,351$514,351$514,351
Net assets$45,209,294$40,840,300$36,310,954$31,342,189$29,818,049
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$4,406,983$4,028,064$3,587,941$3,871,681$3,750,865
Program service revenue$873,947$824,330$693,446$661,293$653,041
Membership dues$0$0$0$0$0
Investment income$1,201,121$1,613,563$892,067$557,960$635,612
Other revenue$9,416$16,276$107,865$7,413($60,391)
Total other revenue$2,084,484$2,454,169$1,693,378$1,226,666$1,228,262
Total revenue$6,491,467$6,482,233$5,281,319$5,098,347$4,979,127
 
Expenses20192018201720162015
Program services$2,902,710$2,845,600$2,530,587$2,706,175$2,654,206
Management and general$467,054$214,333$189,417$158,983$150,747
Fundraising$307,177$487,503$406,853$404,184$448,116
Total expenses$3,676,941$3,547,436$3,126,857$3,269,342$3,253,069
 
Change in net assets20192018201720162015
Surplus (deficit)$2,814,526$2,934,797$2,154,462$1,829,005$1,726,058
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,814,526$2,934,797$2,154,462$1,829,005$1,726,058

Compensation

NameTitleCompensation
John SamaanPresident & CEO$354,242
Michael WayVice President of Programs$150,315

Compensation data as of: 6/30/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 12/7/2020. To update the information below, please email: info@ministrywatch.com


History

From its founding in 1899, the Boston Rescue Mission has fed the hungry and housed the homeless. Originally its name was Merrimac Mission, as its first address was at 128 Merrimac Street in Boston. The Mission was started by five men and women from Boston who were called to serve the men they saw living on the streets--living in poverty and addicted to alcohol. It was one of many that formed in the United States beginning in the 1870s.

Within five months, the Mission relocated a few doors down the street to 134 Merrimac Street (near Boston's North Station today) and volunteers promoted it as "a bar-room transformed into a life-saving station." By 1904, the Mission had incorporated and four years after that, it moved again to 105 Staniford Street. The new location was much better situated to serve the homeless men who congregated in the area. Jacob Fritz led the Merrimac Mission during this time and his tenure lasted 15 years.

Superintendent Fritz was succeeded by George Eddy who led the mission for 35 years. In the mid-1960s, redevelopment taking place in the West End forced the Mission to relocate to Massachusetts Avenue. In 1978 the Mission purchased property on Kingston Street, and its headquarters remains there today.

In 1993, the Rev. John Samaan succeeded Harold Milner as the Mission's new director. The following year, the name of the organization was changed to the Boston Rescue Mission to more precisely convey the breadth of its work and services offered. Throughout the 1990s, the Mission expanded its work by offering daily meals, longer-term transitional shelter programs for women and men, and job training skills. In 1995, the city of Boston asked the Mission to participate in a pilot program to accommodate growing population of people in shelter during the winter months. That same year, the Boston Rescue Mission joined the Massachusetts Housing and Shelter Alliance (MHSA) to more formally advocate for the policies and public funding needed to assist people who are homeless to stabilize their lives.

In 1999, the Boston Rescue Mission celebrated its centennial anniversary. The organization was recognized for its century of service by then-President Bill Clinton and then-Vice President Al Gore.

In the 2000s, the Boston Rescue Mission added international work to its portfolio by organizing trips to Haiti, India, and Kenya to serve people who are desperately poor, homeless, sick, hungry, and victims of natural disasters. The service work puts our staff and volunteers in challenging situations that force them to re-examine previously held beliefs, build confidence in their abilities, and equip them to better serve those in who need help here at home.

Today, we provide emergency overnight shelter with hot meals, toiletries, and bathroom and shower facilities to those in need in the Greater Boston area. We also provide residential recovery programs for women and men transitioning from homelessness to independent living; for adult men who have been sober for at least 30 days; and veterans who have been continuously homeless for more than a year. We are honored to be a source of inspiration and hope throughout the city to women and men in need.


Program accomplishments


Needs