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

CategoryRatingOverall rankSector rank
Overall efficiency rating568 of 91399 of 160
Fund acquisition rating602 of 915107 of 160
Resource allocation rating625 of 915107 of 160
Asset utilization rating326 of 91366 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
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 ratiosSector median20202019201820172016
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 ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.700.850.820.810.82
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.762.032.853.063.354.05
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.261.432.412.492.713.34
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1916.3412.3710.0312.8112.32
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.060.080.100.080.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.457.894.574.334.083.30
 
Solvency ratiosSector median20202019201820172016
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
 
Assets20202019201820172016
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
 
Liabilities20202019201820172016
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 assets20202019201820172016
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
 
Revenue20202019201820172016
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
 
Expenses20202019201820172016
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 assets20202019201820172016
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

NameTitleCompensation
Glenn CranfieldPresident/CEO$212,027
Norman HumberChief of Staff$158,440
Carrie SiqueirosSr. 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.


Program accomplishments


Needs