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
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 646 of 913 | 117 of 160 |
| Fund acquisition rating | | 779 of 915 | 148 of 160 |
| Resource allocation rating | | 841 of 915 | 148 of 160 |
| Asset utilization rating | | 52 of 913 | 10 of 160 |
Financial ratios
| Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 22% | 36% | 28% | 15% | 12% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 9% | 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 | 10% | 19% | 20% | 17% | 5% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 9% | 26% | 36% | 41% | 63% | 49% |
| Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 64% | 64% | 59% | 24% | 67% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 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 | 4% | 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 | 9% | 17% | 16% | 24% | 71% | 27% |
| Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.58 | 3.51 | 7.41 | 4.35 | 8.22 | 0.65 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.76 | 1.85 | 1.65 | 1.00 | 1.00 | 6.27 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.26 | 6.50 | 12.21 | 4.35 | 8.22 | 4.10 |
| Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 10.19 | 2.68 | 2.49 | 15.14 | 20.46 | 0.00 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.37 | 0.40 | 0.07 | 0.05 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.45 | 1.16 | 0.59 | 2.57 | 1.39 | 2.92 |
| Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 38% | 76% | 24% | 17% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 1% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 141% | 18% | 3% | 17% | 10% | 152% |
Financials
| Balance sheet | |||||
| Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| 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 |
| Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
| 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 assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| Without donor restrictions | $104,162 | $17,608 | $91,687 | $78,859 | $897,537 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | $104,162 | $17,608 | $91,687 | $78,859 | $897,537 |
| Revenues and expenses | |||||
| Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
| 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 |
| Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
| 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 assets | 2019 | 2018 | 2017 | 2016 | 2015 |
| 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
| Name | Title | Compensation |
| Rick Berbereia | Executive 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.