Nashville Rescue Mission 
The information on this page was last updated 7/6/2023. If you see errors or omissions, please email: [email protected]
Summary
Nashville Rescue Mission is a Christ-centered community committed 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. We are devoted to restoring the whole person through a Christian approach that helps the homeless and addicted learn how much God loves them and gain the biblical insight they need to lead a productive life in and for Christ.
Contact information
Mailing address:
Nashville Rescue Mission
639 Lafayette Street
Nashville, TN 37203
Website: nashvillerescuemission.org
Phone: 615-255-2475
Email: [email protected]
Organization details
EIN: 452424130
CEO/President: Rev. Glenn Cranfield
Chairman: Leellen Phillips
Board size: 21
Founder: Dr. Charles Fuller
Ruling year: 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
We believe the Bible to be the eternally inspired, the only authoritative, inerrant, and infallible 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 Christ, His virgin birth, His sinless life, His miracles, His vicarious and atoning death, His resurrection, His ascension to the right hand of God the Father, His present reign and His personal return in power and glory.
We believe in the absolute necessity of regeneration by the Holy Spirit for salvation because of the exceeding sinfulness of human nature, and that men are justified before God on the single ground of faith in the shed blood of Christ and that only by God's grace through faith alone are we reconciled to God and thereby receive eternal life.
We believe God offers redemption and restoration to all who confess and turn from their sin, seeking His mercy and forgiveness through Jesus Christ.
We believe in the present ministry of the Holy Spirit, whose indwelling enables the Christian to live a godly life.
We believe in the spiritual unity of all true believers in our Lord Jesus Christ and that together they form one Body, the Church.
Donor confidence score
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 | | 247 of 1104 | 36 of 140 |
| Fund acquisition rating | | 844 of 1105 | 112 of 140 |
| Resource allocation rating | | 94 of 1105 | 10 of 140 |
| Asset utilization rating | | 188 of 1104 | 23 of 140 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 18% | 15% | 9% | 13% | 17% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 17% | 15% | 10% | 13% | 17% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 98% | 100% | 111% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 11% | 19% | 18% | 16% | 17% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 2% | 0% | -11% | 0% | 0% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 85% | 73% | 74% | 76% | 74% |
Spending ratio Spending ratio = Total expenses / Total revenue | 90% | 161% | 80% | 58% | 82% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 71% | 136% | 58% | 43% | 62% | 73% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 10% | -61% | 20% | 42% | 18% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | -45% | 11% | 35% | 17% | 1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 4% | 9% | 9% | 8% | 9% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 1.07 | 0.43 | 0.47 | 0.70 | 0.85 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.80 | 2.42 | 1.77 | 1.42 | 2.03 | 2.85 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 2.58 | 0.75 | 0.67 | 1.43 | 2.41 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.05 | 4.00 | 10.14 | 23.26 | 16.34 | 12.37 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.25 | 0.10 | 0.04 | 0.06 | 0.08 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.30 | 3.49 | 14.37 | 17.18 | 7.89 | 4.57 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 10% | 6% | 3% | 8% | 3% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 157% | 84% | 222% | 206% | 131% | 115% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $7,386,888 | $15,710,444 | $14,868,170 | $8,674,140 | $5,875,918 |
| Receivables, inventories, prepaids | $3,935,643 | $5,707,857 | $8,066,198 | $2,215,440 | $218,437 |
| Short-term investments | $0 | $0 | $0 | $2,075 | $28,990 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $11,322,531 | $21,418,301 | $22,934,368 | $10,891,655 | $6,123,345 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $7,076,626 | $15,832,605 | $9,118,153 | $10,788,970 | $10,920,922 |
| Other long-term assets | $9,031,384 | $565,978 | $441,472 | $425,417 | $423,880 |
| Total long-term assets | $16,108,010 | $16,398,583 | $9,559,625 | $11,214,387 | $11,344,802 |
| Total assets | $27,430,541 | $37,816,884 | $32,493,993 | $22,106,042 | $17,468,147 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $2,787,225 | $2,057,691 | $967,631 | $663,961 | $479,637 |
| Other current liabilities | $45,000 | $55,000 | $18,500 | $2,500 | $15,200 |
| Total current liabilities | $2,832,225 | $2,112,691 | $986,131 | $666,461 | $494,837 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $1,038,456 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $1,038,456 | $0 |
| Total liabilities | $2,832,225 | $2,112,691 | $986,131 | $1,704,917 | $494,837 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $20,991,569 | $28,736,670 | $19,369,948 | $17,188,082 | $16,498,054 |
| With donor restrictions | $3,606,747 | $6,967,523 | $12,137,914 | $3,213,043 | $475,256 |
| Net assets | $24,598,316 | $35,704,193 | $31,507,862 | $20,401,125 | $16,973,310 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $17,918,826 | $20,183,929 | $29,284,734 | $18,947,507 | $14,888,240 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $313,835 | $79,412 | ($2,754,822) | $100,432 | $116,283 |
| Other revenue | ($29,574) | ($75,482) | ($111,487) | ($60,839) | ($69,266) |
| Total other revenue | $284,261 | $3,930 | ($2,866,309) | $39,593 | $47,017 |
| Total revenue | $18,203,087 | $20,187,859 | $26,418,425 | $18,987,100 | $14,935,257 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $24,776,141 | $11,756,125 | $11,295,291 | $11,803,568 | $10,914,131 |
| Management and general | $1,293,349 | $1,374,993 | $1,345,054 | $1,270,560 | $1,291,400 |
| Fundraising | $3,164,880 | $2,984,916 | $2,687,398 | $2,486,694 | $2,573,548 |
| Total expenses | $29,234,370 | $16,116,034 | $15,327,743 | $15,560,822 | $14,779,079 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($11,031,283) | $4,071,825 | $11,090,682 | $3,426,278 | $156,178 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($11,031,283) | $4,071,825 | $11,090,682 | $3,426,278 | $156,178 |
Compensation
| Name | Title | Compensation |
| Glenn Cranfield | Pres/CEO | $241,984 |
| Carrie Gatlin | VP of Ministries | $139,474 |
| Michael Morgan | VP of Finance | $136,767 |
| Cheryl Chunn | VP of Development | $128,413 |
| Mary Deloach | VP of HR | $121,625 |
Compensation data as of: 9/30/2023
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 7/6/2023. To update the information below, please email: [email protected]
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.
Program accomplishments
n 2022, $.73 of every dollar spent went to benefit those who are hungry, hurting, and experiencing homelessness in our community