Evansville Rescue Mission

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: erm@evansvillerescuemission.org


Organization details

EIN: 350942622

CEO/President: Tracy L. Gorman

Chairman: Marti Thornbury

Board size: 16

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 rating522 of 725113 of 145
Fund acquisition rating579 of 726117 of 145
Resource allocation rating363 of 72678 of 145
Asset utilization rating430 of 725101 of 145

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%22%23%23%22%24%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%12%11%12%12%13%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
90%55%49%53%57%55%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%12%12%13%13%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
10%45%51%47%43%45%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%78%78%77%77%79%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%100%93%93%97%100%
Program output ratio Program output ratio =
Program services /
Total revenue
76%79%72%72%75%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%0%7%7%3%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%0%4%4%2%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%10%10%10%10%8%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.570.550.570.630.61
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.938.294.304.015.475.18
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.504.692.382.283.433.16
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.615.429.209.7322.3520.23
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.180.110.100.040.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.242.094.494.733.353.61
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%6%3%3%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
144%167%176%171%158%162%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$401,319$1,238,991$898,716$505,448$440,750
Receivables, inventories, prepaids$169,127$178,961$203,304$87,886$45,975
Short-term investments$401,807$402,538$764,762$683,127$747,111
Other current assets$0$0$0$0$0
Total current assets$972,253$1,820,490$1,866,782$1,276,461$1,233,836
Long-term investments$122,370$126,698$1,297$1,648$281,735
Fixed assets$6,048,368$4,876,418$4,831,594$4,952,994$4,872,768
Other long-term assets$915,864$1,001,426$790,686$755,891$0
Total long-term assets$7,086,602$6,004,542$5,623,577$5,710,533$5,154,503
Total assets$8,058,855$7,825,032$7,490,359$6,986,994$6,388,339
 
Liabilities20182017201620152014
Payables and accrued expenses$179,391$197,822$191,812$51,577$61,001
Other current liabilities$0$0$0$5,544$0
Total current liabilities$179,391$197,822$191,812$57,121$61,001
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$277,702$10,655$22,210$21,261$0
Total long-term liabilities$277,702$10,655$22,210$21,261$0
Total liabilities$457,093$208,477$214,022$78,382$61,001
 
Net assets20182017201620152014
Unrestricted$6,695,068$6,320,176$6,494,330$6,212,435$6,102,413
Temporarily restricted$698,534$1,050,609$559,421$477,126$0
Permanently restricted$208,160$245,770$222,586$219,051$224,925
Net assets$7,601,762$7,616,555$7,276,337$6,908,612$6,327,338
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$2,495,486$2,303,831$2,418,278$2,591,105$2,151,794
Program service revenue$2,103,572$2,056,795$2,040,020$1,983,083$1,744,204
Membership dues$0$0$0$0$0
Investment income$22,778$109,699$63,561($19,401)$0
Other revenue($80,613)$206,415$32,280($38,704)$24,197
Total other revenue$2,045,737$2,372,909$2,135,861$1,924,978$1,768,401
Total revenue$4,541,223$4,676,740$4,554,139$4,516,083$3,920,195
 
Expenses20182017201620152014
Program services$3,570,761$3,369,439$3,272,698$3,376,858$3,077,712
Management and general$448,092$444,436$415,870$431,888$314,730
Fundraising$537,163$522,647$559,816$563,782$509,036
Total expenses$4,556,016$4,336,522$4,248,384$4,372,528$3,901,478
 
Change in net assets20182017201620152014
Surplus (deficit)($14,793)$340,218$305,755$143,555$18,717
Other changes in net assets$0$0$0$0$0
Total change in net assets($14,793)$340,218$305,755$143,555$18,717

Compensation

NameTitleCompensation
Reverend Tracy L GormanPresident/Ce$127,554

Compensation data as of: 12/31/2018


Response from ministry

No response has been provided by this ministry.


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