Evansville Rescue Mission 
The information on this page was last updated 4/26/2023. If you see errors or omissions, please email: [email protected]
Summary
For over 100 years, the Evansville Rescue Mission has stood as a beacon in our community to those looking for vital services for survival, and for those looking for a place to serve. Many have sacrificed much so that this ministry would not only survive, but thrive.
Contact information
Mailing address:
Evansville Rescue Mission
500 East Walnut Street
Evansville, IN 47713
Website: evansvillerescuemission.org
Phone: 812-421-3800
Email: [email protected]
Organization details
EIN: 350942622
CEO/President: Tracy L. Gorman
Chairman: Kyle R. Rudolph
Board size: 13
Founder: Ernest and Edna Reveal
Ruling year: 1951
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2014
Purpose
To see every man, woman and child we serve equipped to be productive citizens who enjoy lasting success in Christ. As our community's oldest and largest ministry of its kind, your ERM seeks to restore dignity, health, and hope through sharing the love of Jesus Christ with those in need.
Mission statement
We exist to glorify God by meeting the basic needs of those we serve and by sharing with them the life-changing message that "Jesus Saves".
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 546 of 1106 | 68 of 140 |
| Fund acquisition rating | | 573 of 1107 | 73 of 140 |
| Resource allocation rating | | 295 of 1107 | 29 of 140 |
| Asset utilization rating | | 783 of 1106 | 110 of 140 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 12% | 18% | 14% | 21% | 22% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 8% | 9% | 8% | 10% | 12% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 66% | 51% | 60% | 48% | 55% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 9% | 11% | 10% | 11% | 12% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 34% | 49% | 40% | 52% | 45% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 85% | 84% | 85% | 82% | 78% |
Spending ratio Spending ratio = Total expenses / Total revenue | 90% | 84% | 83% | 81% | 93% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 71% | 71% | 70% | 69% | 76% | 79% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 10% | 16% | 17% | 19% | 7% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 11% | 10% | 12% | 5% | 0% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 6% | 5% | 5% | 7% | 10% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 0.50 | 0.49 | 0.52 | 0.60 | 0.57 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.80 | 6.78 | 4.90 | 4.65 | 11.06 | 8.29 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 3.39 | 2.39 | 2.41 | 6.60 | 4.69 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.05 | 6.37 | 16.31 | 13.79 | 8.01 | 5.42 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.16 | 0.06 | 0.07 | 0.12 | 0.18 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.30 | 2.99 | 4.70 | 4.63 | 1.59 | 2.09 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 11% | 1% | 2% | 1% | 6% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 157% | 178% | 202% | 190% | 166% | 167% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,113,947 | $1,294,298 | $1,442,776 | $367,430 | $401,319 |
| Receivables, inventories, prepaids | $167,232 | $169,257 | $117,082 | $144,984 | $169,127 |
| Short-term investments | $583,848 | $611,940 | $417,623 | $215,868 | $401,807 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,865,027 | $2,075,495 | $1,977,481 | $728,282 | $972,253 |
| Long-term investments | $823,558 | $825,673 | $191,357 | $104,598 | $122,370 |
| Fixed assets | $7,702,638 | $5,836,774 | $5,875,872 | $6,122,189 | $6,048,368 |
| Other long-term assets | $2,256,016 | $1,433,422 | $1,148,461 | $1,098,939 | $915,864 |
| Total long-term assets | $10,782,212 | $8,095,869 | $7,215,690 | $7,325,726 | $7,086,602 |
| Total assets | $12,647,239 | $10,171,364 | $9,193,171 | $8,054,008 | $8,058,855 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $292,857 | $127,271 | $143,386 | $90,915 | $179,391 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $292,857 | $127,271 | $143,386 | $90,915 | $179,391 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1,084,842 | $0 | $0 | $0 | $277,702 |
| Total long-term liabilities | $1,084,842 | $0 | $0 | $0 | $277,702 |
| Total liabilities | $1,377,699 | $127,271 | $143,386 | $90,915 | $457,093 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $10,170,701 | $8,692,083 | $7,954,656 | $6,897,713 | $6,695,068 |
| With donor restrictions | $1,098,839 | $1,352,010 | $1,095,129 | $1,065,380 | $906,694 |
| Net assets | $11,269,540 | $10,044,093 | $9,049,785 | $7,963,093 | $7,601,762 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $4,961,090 | $3,025,451 | $3,477,691 | $2,492,532 | $2,495,486 |
| Program service revenue | $2,878,291 | $2,496,937 | $2,218,560 | $2,189,946 | $2,103,572 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | ($58,672) | $134,278 | $37,421 | $115,565 | $22,778 |
| Other revenue | ($236,574) | $308,230 | $110,831 | $373,280 | ($80,613) |
| Total other revenue | $2,583,045 | $2,939,445 | $2,366,812 | $2,678,791 | $2,045,737 |
| Total revenue | $7,544,135 | $5,964,896 | $5,844,503 | $5,171,323 | $4,541,223 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $5,366,665 | $4,184,644 | $4,053,919 | $3,931,640 | $3,570,761 |
| Management and general | $361,640 | $251,771 | $223,241 | $346,343 | $448,092 |
| Fundraising | $590,383 | $534,173 | $480,651 | $532,009 | $537,163 |
| Total expenses | $6,318,688 | $4,970,588 | $4,757,811 | $4,809,992 | $4,556,016 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $1,225,447 | $994,308 | $1,086,692 | $361,331 | ($14,793) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,225,447 | $994,308 | $1,086,692 | $361,331 | ($14,793) |
Compensation
| Name | Title | Compensation |
| Reverend Tracy L Gorman | President/Ce | $153,421 |
Compensation data as of: 12/31/2022
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 4/26/2023. To update the information below, please email: [email protected]
History
In 1917, the ministries of your Evansville Rescue Mission commenced under the vision and leadership of its co-founders, Dr. Ernest "Pappy" Reveal and his wife, Mrs. Edna Reveal. Originally on Main Street and near the corner of First Street in downtown Evansville, your local Mission was transferred to larger quarters on Second Street for fifteen years where Dr. and Mrs. Reveal established themselves as prominent leaders in the Tri-State community.
Later in 1932, the Mission moved to the corner of Ninth and Locust streets where the entire block of the Keller-Crescent Printing Company was purchased through the generosity of Mr. and Mrs. John L. Ingleheart.
Leading up to his death in 1959, Pappy touched countless lives by reaching out to the lost and those often shunned in society through the different ministries of the Evansville Rescue Mission, including Mission's church home, the Evansville Christian Center.
Having big shoes to fill, Mr. George Blackmore became the Rescue Mission's second President and eventually moved the Mission in 1972 to 300 S.E. Martin Luther King Jr. Blvd. where our homeless services took place for more than thirty years.
In February 2013, the Evansville Rescue Mission was able to successfully move our main campus to 500 East Walnut Street, Evansville, IN 47713. What used to be Evansville's Veteran Administrative and Medical Clinic, the ERM now completes our operations all under one roof in a one-level, 32,000 square foot, handicap-accessible facility.
Throughout our 100 years of rich history, the Mission has been able to weather the storm financially through sound leadership, through fiscal responsibility, and through caring, generous folks living right here in the Tri-State.
Program accomplishments
295,000 meals served
55,800 nights of shelter provided
250 Children experiencing the joy of Camp Reveal
$724,322 Profits from our Social Enterprises
900+ Boys & girls receiving counsel & care at our Youth Center
Needs
Since your Evansville Rescue Mission is a 501(c)3 non-profit organization, our ministry relies on the generosity of private, tax-deductible donations from a variety of funding sources. We do not receive funding from the federal or state government and are not a United Way agency.