Grant County 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

For more than 30 years, the Grant County Rescue Mission has cared for the homeless, hungry, and addicted right here in our community.


Contact information

Mailing address:
Grant County Rescue Mission
PO Box 63
Marion, IN 46952

Website: mygcrm.org

Phone: 765-662-0988

Email: info@mygcrm.org


Organization details

EIN: 351659778

CEO/President: Rick Berbereia

Chairman: Troy Simpson

Board size: 15

Founder: Charles Cooper

Year founded: 1986

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

We offer a Christ-centered, addiction recovery program focusing on improving the mental, physical, and spiritual health of men and women struggling with life issues and chemical dependencies.


Mission statement

Offering life-changing hope through the restoring power of Jesus Christ.


Statement of faith

We believe the Bible to be the inspired, infallible authoritative Word of God.

We believe there is one God, eternally existent in three persons; Father, Son, and Holy Spirit.

We believe in the deity of the Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.

We believe that for the salvation of the lost and sinful, regeneration by the Holy Spirit is absolutely essential.

We believe in the present ministry of the Holy Spirit by who's indwelling the Christian is enabled to live a Godly life.

We believe in the bodily resurrection of the just and unjust, the everlasting blessedness of the saved, and the everlasting conscious punishment of the lost.

We believe in the binding obligation upon all Christians to promote evangelizing the world.

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating564 of 817101 of 150
Fund acquisition rating702 of 817133 of 150
Resource allocation rating746 of 817139 of 150
Asset utilization rating54 of 8178 of 150

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%22%36%28%15%12%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%16%23%16%6%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%74%64%59%37%51%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%19%20%17%5%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%26%36%41%63%49%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%64%64%59%24%67%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%87%116%98%113%97%
Program output ratio Program output ratio =
Program services /
Total revenue
76%56%74%57%27%65%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%13%-16%2%-13%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%83%-421%14%-113%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%17%16%24%71%27%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.623.517.414.358.220.65
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.901.851.651.001.006.27
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.496.5012.214.358.224.10
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.922.682.4915.1420.460.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.370.400.070.050.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.131.160.592.571.392.92
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%38%76%24%17%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%18%3%17%10%152%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$65,343$39,708$79,331$72,454$143,667
Receivables, inventories, prepaids$25,389$4,349$41,633$22,104$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$90,732$44,057$120,964$94,558$143,667
Long-term investments$0$0$0$0$0
Fixed assets$57,500$0$0$0$754,126
Other long-term assets$19,747$28,488$0$0$2,356
Total long-term assets$77,247$28,488$0$0$756,482
Total assets$167,979$72,545$120,964$94,558$900,149
 
Liabilities20192018201720162015
Payables and accrued expenses$33,817$17,672$7,991$4,622$0
Other current liabilities$0$0$0$0$0
Total current liabilities$33,817$17,672$7,991$4,622$0
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$30,000$37,265$21,286$11,077$2,612
Total long-term liabilities$30,000$37,265$21,286$11,077$2,612
Total liabilities$63,817$54,937$29,277$15,699$2,612
 
Net assets20192018201720162015
Unrestricted$0$17,608$91,687$78,859$897,537
Temporarily restricted$0$0$0$0$0
Permanently restricted$0$0$0$0$0
Net assets$104,162$17,608$91,687$78,859$897,537
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$497,834$295,987$317,260$256,974$312,569
Program service revenue$52,222$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$16$11$7$9$8
Other revenue$126,570$167,813$222,195$430,559$296,735
Total other revenue$178,808$167,824$222,202$430,568$296,743
Total revenue$676,642$463,811$539,462$687,542$609,312
 
Expenses20192018201720162015
Program services$380,434$343,473$309,440$187,240$393,725
Management and general$100,505$86,401$128,633$549,867$159,237
Fundraising$109,193$108,016$88,561$39,779$36,502
Total expenses$590,132$537,890$526,634$776,886$589,464
 
Change in net assets20192018201720162015
Surplus (deficit)$86,510($74,079)$12,828($89,344)$19,848
Other changes in net assets$0$0$0$0$0
Total change in net assets$86,510($74,079)$12,828($89,344)$19,848

Compensation

NameTitleCompensation
Rick BerbereiaExecutive Di$62,488

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


History

Grant County Rescue Mission began in 1985 when a several compassionate people in the community, led by Reverend Charles Cooper, felt a passion to help hungry and homeless neighbors in need.

Together, they purchased the building at 423 S. Gallatin Street in Marion, formerly owned by the telephone company. A thrift store on the second floor funded their efforts. Within a year, they began sheltering a few men and feeding around 20 people at dinner each day.

Since that humble beginning, the Mission has stood as a beacon of hope to hurting people in crisis. Continued public support has helped the Mission expand programs for meals, addiction recovery and transitional housing.

Though the Mission discovered some mismanagement in the recent years, new leadership in 2016 was brought in to ensure excellence and restore trust with the community. Already, the Mission has made tremendous progress in restoring areas of our facilities and launching new programs. We have a strong vision for the future and hope to do even more as community support allows.


Program accomplishments


Needs