Shreveport-Bossier Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/2/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

At the Shreveport-Bossier Rescue Mission, we are changing our cities one life at a time starting with the homeless men, women and children in our care. At the Mission, we are more than a shelter. The Mission provides a full-scale Life Recovery Program that not only meets a person's basic needs but also provides them with the tools needed for a complete life transformation.


Contact information

Mailing address:
Shreveport-Bossier Rescue Mission
901 McNeil Street
PO Box 3949
Shreveport, LA 71101-3949

Website: sbrescuemission.com

Phone: 318-227-2868

Email: info@sbrescuemission.com


Organization details

EIN: 237050551

CEO/President: Pastor Larry Otwell

Chairman: Daniel Gordon

Board size: 10

Founder: Rev. R.G. Jones

Year founded: 1969

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Pursuing the passion of Jesus Christ to lift up the hungry, homeless, abused, and addicted is what the Shreveport-Bossier Rescue Mission is all about. This is accomplished only by a caring community that supports those who need a "hand up," a network of individuals, churches, businesses, schools, and organizations who donate their time, talents, and treasure to help hurting people.


Mission statement

Shreveport-Bossier Rescue Mission exists to pursue the passion of Jesus Christ to lift up the hungry, homeless, abused, and addicted.


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 rating861 of 913156 of 160
Fund acquisition rating758 of 915142 of 160
Resource allocation rating903 of 915159 of 160
Asset utilization rating573 of 913116 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%19%22%20%18%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%16%17%15%12%12%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%82%75%74%71%70%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%18%18%16%13%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%18%25%26%29%30%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%48%48%63%66%66%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%88%92%94%93%92%
Program output ratio Program output ratio =
Program services /
Total revenue
76%42%44%59%62%61%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%12%8%6%7%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%5%3%3%4%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%34%34%21%21%22%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.320.330.380.400.43
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.762.532.753.073.413.86
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.260.810.921.171.361.64
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1982.9283.67134.13125.6750.16
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.010.010.010.010.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.4514.6412.8910.158.787.15
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%16%18%20%22%24%
Debt ratio Debt ratio =
Debt /
Total assets
1%15%17%20%22%24%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%263%246%210%196%178%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,137,216$920,370$740,020$621,797$508,327
Receivables, inventories, prepaids$12,074$0$0$8,166$0
Short-term investments$1,138,008$1,125,398$1,045,562$956,770$870,025
Other current assets$0$0$0$0$0
Total current assets$2,287,298$2,045,768$1,785,582$1,586,733$1,378,352
Long-term investments$0$0$0$0$0
Fixed assets$3,498,817$3,586,391$3,699,824$3,823,811$3,941,025
Other long-term assets$0$0$0$0$0
Total long-term assets$3,498,817$3,586,391$3,699,824$3,823,811$3,941,025
Total assets$5,786,115$5,632,159$5,485,406$5,410,544$5,319,377
 
Liabilities20202019201820172016
Payables and accrued expenses$27,586$24,450$13,312$12,626$27,478
Other current liabilities$0$0$0$0$0
Total current liabilities$27,586$24,450$13,312$12,626$27,478
Debt$883,896$984,255$1,080,247$1,171,564$1,258,434
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$883,896$984,255$1,080,247$1,171,564$1,258,434
Total liabilities$911,482$1,008,705$1,093,559$1,184,190$1,285,912
 
Net assets20202019201820172016
Without donor restrictions$4,874,633$4,573,454$4,341,847$4,176,354$3,983,465
With donor restrictions$0$50,000$50,000$50,000$50,000
Net assets$4,874,633$4,623,454$4,391,847$4,226,354$4,033,465
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$1,733,032$1,539,543$1,645,149$1,637,501$1,712,059
Program service revenue$155,666$164,672$192,354$188,184$252,335
Membership dues$0$0$0$0$0
Investment income$32,714$53,379$28,364$25,871$66,449
Other revenue$191,819$282,356$356,683$451,035$429,849
Total other revenue$380,199$500,407$577,401$665,090$748,633
Total revenue$2,113,231$2,039,950$2,222,550$2,302,591$2,460,692
 
Expenses20202019201820172016
Program services$881,515$899,188$1,318,805$1,416,553$1,489,496
Management and general$633,601$642,043$447,827$447,535$491,550
Fundraising$337,309$341,174$328,710$287,058$285,138
Total expenses$1,852,425$1,882,405$2,095,342$2,151,146$2,266,184
 
Change in net assets20202019201820172016
Surplus (deficit)$260,806$157,545$127,208$151,445$194,508
Other changes in net assets$0$0$0$0$0
Total change in net assets$260,806$157,545$127,208$151,445$194,508

Compensation

NameTitleCompensation
Larry OtwellExecutive Director$60,991

Compensation data as of: 6/30/2020


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 12/2/2020. To update the information below, please email: info@ministrywatch.com


History

In 1955 Rev. R.G. Jones and some Christian businessmen founded the Shreveport Rescue Mission for the purpose of providing overnight shelter and a gospel service for men passing through Shreveport. The first Mission was located at 2016 Texas Ave. for five years. It quickly became a sign of hope and help, not only for transient men, but for local homeless, hungry and hurting citizens as well. As the homeless population grew, the Mission relocated in 1961 to a larger facility at 2033 Texas Avenue, providing additional beds and services to homeless men.

For several years, a superintendent and a secretary conducted the day-to-day operations of the Mission. Many of these leaders and their families lived on the premises and personally provided services to the residents. In 1988, Rev. R. Henry Martin became the Executive Director and a new era began for the Mission. The name was changed in 1992 to Shreveport-Bossier Rescue Mission to reflect an increased scope of services. As needs and services increased, staffing grew annually to handle more specialized areas - social services, operations, office management, and development.

Due to increased unemployment in North Louisiana, the need for homeless services only increased. The number of homeless in this area grew substantially over the past decade.

To meet the needs in our community, the Texas Ave. facility was remodeled and expanded, a thrift store was established to help finance the Mission's work, a Christ-center recovery program was instituted, staffing grew from two employees to about 45, and a new 154-bed facility was built at 901 McNeil St. in Shreveport to address the growing need to also assist women and families with children. A medical and dental clinic was built at the new facility to provide free care to guests and in 2010, the Mission established its first Women's Discipleship Training Program.

In 2015, Pastor Larry Otwell joined the Shreveport-Bossier Rescue Mission as General Manager. Prior to the coming to work for the Rescue Mission, he was the owner of Cornerstone Disposal and is currently serves as the Street Pastor at Riverpark Church. In 2016, Pastor Otwell was appointed as Executive Director.Under Pastor Larry's leadership, the Mission has established a full scale Life Recovery Program. Under the Life Recovery Program, guests are given courses in Christian foundation, essential life skills, addiction recovery, and bi-weekly life coaching/case management. Also under the Life Recovery Program, Pastor Larry established the Mission's first Vocational Training Program where guests can learn new skills and can establish healthy work habits.

Under Pastor Larry's leadership, the Mission has established a full scale Life Recovery Program. Under the Life Recovery Program, guests are given courses in Christian foundation, essential life skills, addiction recovery, and bi-weekly life coaching/case management. Also under the Life Recovery Program, Pastor Larry established the Mission's first Vocational Training Program where guests can learn new skills and can establish healthy work habits.


Program accomplishments

Over 1,000 people sought help through our doors this past year, and we served over 135,000 meals.


Needs

The Rescue Mission relies heavily on individuals, organizations, businesses and churches to supply its operational needs. Donations are always needed and always welcomed! The needs of the Shreveport-Bossier Rescue Mission vary from day to day and season to season. SBRM's Current Needs List is updated on a monthly basis. Monetary donations help continue the day-to-day operations of the shelter, to purchase goods that meet existing needs, and provide consistency of service, food, utilities, etc.