Evansville Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/28/2021. To update the information in this column, please email: info@ministrywatch.com


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: info@ermstaff.org


Organization details

EIN: 350942622

CEO/President: Tracy L. Gorman

Chairman: Daniel C. Bugher

Board size: 17

Founder: Ernest and Edna Reveal

Year founded: 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

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating486 of 94095 of 160
Fund acquisition rating705 of 942130 of 160
Resource allocation rating365 of 94264 of 160
Asset utilization rating378 of 94077 of 160

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%21%22%23%23%22%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%10%12%11%12%12%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%48%55%49%53%57%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%11%12%12%13%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%52%45%51%47%43%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%82%78%78%77%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%93%100%93%93%97%
Program output ratio Program output ratio =
Program services /
Total revenue
75%76%79%72%72%75%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%7%0%7%7%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%5%0%4%4%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%7%10%10%10%10%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.600.570.550.570.63
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.7611.068.294.304.015.47
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.246.604.692.382.283.43
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.148.015.429.209.7322.35
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.120.180.110.100.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.451.592.094.494.733.35
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%6%3%3%1%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%166%167%176%171%158%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$367,430$401,319$1,238,991$898,716$505,448
Receivables, inventories, prepaids$144,984$169,127$178,961$203,304$87,886
Short-term investments$215,868$401,807$402,538$764,762$683,127
Other current assets$0$0$0$0$0
Total current assets$728,282$972,253$1,820,490$1,866,782$1,276,461
Long-term investments$104,598$122,370$126,698$1,297$1,648
Fixed assets$6,122,189$6,048,368$4,876,418$4,831,594$4,952,994
Other long-term assets$1,098,939$915,864$1,001,426$790,686$755,891
Total long-term assets$7,325,726$7,086,602$6,004,542$5,623,577$5,710,533
Total assets$8,054,008$8,058,855$7,825,032$7,490,359$6,986,994
 
Liabilities20192018201720162015
Payables and accrued expenses$90,915$179,391$197,822$191,812$51,577
Other current liabilities$0$0$0$0$5,544
Total current liabilities$90,915$179,391$197,822$191,812$57,121
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$277,702$10,655$22,210$21,261
Total long-term liabilities$0$277,702$10,655$22,210$21,261
Total liabilities$90,915$457,093$208,477$214,022$78,382
 
Net assets20192018201720162015
Without donor restrictions$6,897,713$6,695,068$6,320,176$6,494,330$6,212,435
With donor restrictions$1,065,380$906,694$1,296,379$782,007$696,177
Net assets$7,963,093$7,601,762$7,616,555$7,276,337$6,908,612
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$2,492,532$2,495,486$2,303,831$2,418,278$2,591,105
Program service revenue$2,189,946$2,103,572$2,056,795$2,040,020$1,983,083
Membership dues$0$0$0$0$0
Investment income$115,565$22,778$109,699$63,561($19,401)
Other revenue$373,280($80,613)$206,415$32,280($38,704)
Total other revenue$2,678,791$2,045,737$2,372,909$2,135,861$1,924,978
Total revenue$5,171,323$4,541,223$4,676,740$4,554,139$4,516,083
 
Expenses20192018201720162015
Program services$3,931,640$3,570,761$3,369,439$3,272,698$3,376,858
Management and general$346,343$448,092$444,436$415,870$431,888
Fundraising$532,009$537,163$522,647$559,816$563,782
Total expenses$4,809,992$4,556,016$4,336,522$4,248,384$4,372,528
 
Change in net assets20192018201720162015
Surplus (deficit)$361,331($14,793)$340,218$305,755$143,555
Other changes in net assets$0$0$0$0$0
Total change in net assets$361,331($14,793)$340,218$305,755$143,555

Compensation

NameTitleCompensation
Reverend Tracy L GormanPresident/Ce$135,000

Compensation data as of: 12/31/2019


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 9/28/2021. To update the information below, please email: info@ministrywatch.com


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


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.