Nashville Rescue Mission 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/16/2020. To update the information in this column, please email: info@ministrywatch.com
Summary
We are a Christ-centered community dedicated to helping the hungry, homeless, and hurting by providing programs and services that focus on a person's entire life-physical, mental, spiritual, emotional, and social.
Contact information
Mailing address:
Nashville Rescue Mission
639 Lafayette Street
Nashville, TN 37203-4226
Website: nashvillerescuemission.org
Phone: 615-255-2475
Email: rescue@nashvillerescuemission.org
Organization details
EIN: 452424130
CEO/President: Rev. Glenn Cranfield
Chairman: Jim Hiatt and Anvil Nelson
Board size: 23
Founder: Dr. Charles Fuller
Year founded: 2011
Tax deductible: Yes
Fiscal year end: 09/30
Member of ECFA: Yes
Member of ECFA since: 1988
Purpose
Nashville Rescue Mission gives life transformational hope to everyone who walks through our doors. It's why we say, "Hope Lives Here!"
Mission statement
Providing hope for today, hope for tomorrow, and hope for eternity to the hungry, homeless, and hurting.
Statement of faith
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 568 of 913 | 99 of 160 |
| Fund acquisition rating | | 602 of 915 | 107 of 160 |
| Resource allocation rating | | 625 of 915 | 107 of 160 |
| Asset utilization rating | | 326 of 913 | 66 of 160 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 13% | 17% | 17% | 18% | 18% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 9% | 13% | 17% | 17% | 18% | 18% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 91% | 100% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 10% | 16% | 17% | 17% | 19% | 19% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 9% | 0% | 0% | 0% | 0% | 0% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 76% | 74% | 73% | 73% | 72% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 82% | 99% | 100% | 96% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 76% | 62% | 73% | 73% | 70% | 71% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | 18% | 1% | 0% | 4% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | 17% | 1% | 0% | 4% | 2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 8% | 9% | 10% | 9% | 9% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.58 | 0.70 | 0.85 | 0.82 | 0.81 | 0.82 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.76 | 2.03 | 2.85 | 3.06 | 3.35 | 4.05 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.26 | 1.43 | 2.41 | 2.49 | 2.71 | 3.34 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 10.19 | 16.34 | 12.37 | 10.03 | 12.81 | 12.32 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.06 | 0.08 | 0.10 | 0.08 | 0.08 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.45 | 7.89 | 4.57 | 4.33 | 4.08 | 3.30 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 8% | 3% | 3% | 2% | 2% |
Debt ratio Debt ratio = Debt / Total assets | 1% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 141% | 131% | 115% | 119% | 121% | 119% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $8,674,140 | $5,875,918 | $5,440,298 | $4,788,539 | $3,673,784 |
| Receivables, inventories, prepaids | $2,215,440 | $218,437 | $210,983 | $305,188 | $367,532 |
| Short-term investments | $2,075 | $28,990 | $28,824 | $27,702 | $72,754 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $10,891,655 | $6,123,345 | $5,680,105 | $5,121,429 | $4,114,070 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $10,788,970 | $10,920,922 | $11,279,374 | $11,601,738 | $12,110,139 |
| Other long-term assets | $425,417 | $423,880 | $428,104 | $425,272 | $419,872 |
| Total long-term assets | $11,214,387 | $11,344,802 | $11,707,478 | $12,027,010 | $12,530,011 |
| Total assets | $22,106,042 | $17,468,147 | $17,387,583 | $17,148,439 | $16,644,081 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $663,961 | $479,637 | $510,225 | $394,842 | $284,026 |
| Other current liabilities | $2,500 | $15,200 | $56,002 | $5,000 | $49,858 |
| Total current liabilities | $666,461 | $494,837 | $566,227 | $399,842 | $333,884 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1,038,456 | $0 | $0 | $0 | $4,365 |
| Total long-term liabilities | $1,038,456 | $0 | $0 | $0 | $4,365 |
| Total liabilities | $1,704,917 | $494,837 | $566,227 | $399,842 | $338,249 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $17,188,082 | $16,498,054 | $16,178,129 | $16,014,875 | $15,790,460 |
| With donor restrictions | $3,213,043 | $475,256 | $643,227 | $733,722 | $515,372 |
| Net assets | $20,401,125 | $16,973,310 | $16,821,356 | $16,748,597 | $16,305,832 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $18,947,507 | $14,888,240 | $14,171,338 | $14,526,469 | $14,070,340 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $100,432 | $116,283 | $145,179 | $58,388 | $64,088 |
| Other revenue | ($60,839) | ($69,266) | ($75,123) | ($100,316) | ($67,858) |
| Total other revenue | $39,593 | $47,017 | $70,056 | ($41,928) | ($3,770) |
| Total revenue | $18,987,100 | $14,935,257 | $14,241,394 | $14,484,541 | $14,066,570 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $11,803,568 | $10,914,131 | $10,380,290 | $10,101,775 | $9,929,047 |
| Management and general | $1,270,560 | $1,291,400 | $1,397,234 | $1,202,537 | $1,256,496 |
| Fundraising | $2,486,694 | $2,573,548 | $2,393,943 | $2,576,625 | $2,541,390 |
| Total expenses | $15,560,822 | $14,779,079 | $14,171,467 | $13,880,937 | $13,726,933 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $3,426,278 | $156,178 | $69,927 | $603,604 | $339,637 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $3,426,278 | $156,178 | $69,927 | $603,604 | $339,637 |
Compensation
| Name | Title | Compensation |
| Glenn Cranfield | President/CEO | $212,027 |
| Norman Humber | Chief of Staff | $158,440 |
| Carrie Siqueiros | Sr. Director of Ministry | $125,759 |
Compensation data as of: 9/30/2020
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 12/16/2020. To update the information below, please email: info@ministrywatch.com
History
Established in 1954, the Mission first opened its doors to provide food, clothing, and shelter to homeless men in Nashville. In 1968, services were expanded to include women and children. Today, the Mission serves over 800 men, women, and children on a daily basis. We are driven by the desire to share the Gospel, and we strive each day to spread this unending message of hope.