Kokomo Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/24/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Kokomo Rescue Mission is a Christian social service ministry providing Bible-based solutions to the problems of poverty and homelessness. The Mission provides both shelter and outreach services. Shelter is available for men and for women and children, with programs with programs that minister to body, mind and spirit. Outreach programs include a free public dining room open twice daily and family assistance programs providing free clothing and household items. Holiday outreach provides help to family at Thanksgiving and Christmas.


Contact information

Mailing address:
Kokomo Rescue Mission
321 W Mulberry Street
Kokomo, IN 46901-6901

Website: kokomorescuemission.org

Phone: (765) 456-3838

Email: missioninfo@rescuekokomo.org


Organization details

EIN: 351104430

CEO/President: Van C. Taylor

Chairman: Mike Fox

Board size: 14

Founder:

Year founded: 1978

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1997


Purpose

The vision of Kokomo Rescue Mission is to see the homeless, hungry, and hurting achieve wholeness through its Christ-centered programs and services.


Mission statement

Kokomo Rescue Mission exists to proclaim the Good News and demonstrate the compassion of Jesus Christ to the homeless, hungry, and hurting in North Central Indiana.


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 rating608 of 940104 of 160
Fund acquisition rating630 of 942110 of 160
Resource allocation rating691 of 942120 of 160
Asset utilization rating294 of 94057 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%13%12%14%13%14%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%13%10%13%12%14%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%97%89%94%96%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%13%13%13%12%14%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%3%11%6%4%3%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%75%77%77%77%75%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%99%79%101%99%98%
Program output ratio Program output ratio =
Program services /
Total revenue
75%74%61%78%76%74%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%1%21%-1%1%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%1%18%-1%1%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%12%10%10%10%11%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.710.670.780.780.77
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.763.553.954.244.685.65
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.242.512.653.303.664.38
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1414.4915.2916.5115.1716.13
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.070.070.060.070.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.454.454.243.423.062.57
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%7%2%1%1%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%132%147%127%126%128%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,007,359$498,187$589,724$509,163$399,560
Receivables, inventories, prepaids$166,086$490,432$160,708$173,461$154,776
Short-term investments$12,974$13,154$13,080$16,153$14,365
Other current assets$0$0$0$0$0
Total current assets$1,186,419$1,001,773$763,512$698,777$568,701
Long-term investments$0$0$0$0$0
Fixed assets$3,028,263$2,383,892$2,464,779$2,573,772$2,647,293
Other long-term assets$0$571,139$8,693$0$0
Total long-term assets$3,028,263$2,955,031$2,473,472$2,573,772$2,647,293
Total assets$4,214,682$3,956,804$3,236,984$3,272,549$3,215,994
 
Liabilities20202019201820172016
Payables and accrued expenses$81,874$65,515$46,246$46,064$35,254
Other current liabilities$0$0$0$0$0
Total current liabilities$81,874$65,515$46,246$46,064$35,254
Debt$0$0$0$0$2,500
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$201,000$0$0$0$0
Total long-term liabilities$201,000$0$0$0$2,500
Total liabilities$282,874$65,515$46,246$46,064$37,754
 
Net assets20202019201820172016
Without donor restrictions$3,213,670$3,295,228$3,016,086$3,088,437$3,078,679
With donor restrictions$718,138$596,061$174,652$138,048$99,561
Net assets$3,931,808$3,891,289$3,190,738$3,226,485$3,178,240
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$2,940,630$2,994,036$2,338,714$2,484,570$2,442,256
Program service revenue$83,713$100,338$127,346$91,585$69,733
Membership dues$0$0$0$0$0
Investment income($23,948)$2,296$912$142($446)
Other revenue$22,844$255,733$16,306$21,496$16,785
Total other revenue$82,609$358,367$144,564$113,223$86,072
Total revenue$3,023,239$3,352,403$2,483,278$2,597,793$2,528,328
 
Expenses20202019201820172016
Program services$2,234,280$2,030,921$1,929,025$1,980,407$1,867,547
Management and general$355,403$272,776$257,204$262,300$271,870
Fundraising$391,027$347,273$333,361$317,091$350,399
Total expenses$2,980,710$2,650,970$2,519,590$2,559,798$2,489,816
 
Change in net assets20202019201820172016
Surplus (deficit)$42,529$701,433($36,312)$37,995$38,512
Other changes in net assets$0$0$0$0$0
Total change in net assets$42,529$701,433($36,312)$37,995$38,512

Compensation

Compensation data for this ministry has not been collected.


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 11/24/2020. To update the information below, please email: info@ministrywatch.com


History


Program accomplishments

In 2019: 28,764 nights of shelter provided for our homeless neighbors. 121,325 meals served to hungry men, women, and children. 143 different women and 48 different children assisted at the Women's Shelters.


Needs

Your generous donations of food, cleaning and hygiene products, and other household items saves money that we can then devote to our other life-changing ministries. We're very grateful to the individuals, families, churches, businesses, and others that choose to support our work in this way.