Salina Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/8/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

"Helping real people with real struggles make real change in Jesus' name." The Salina Rescue Mission does not receive any government funding.


Contact information

Mailing address:
Salina Rescue Mission
1716 Summers Rd
PO Box 1667
Salina, KS 67402

Website: salinarescuemission.com

Phone: 785-823-2610

Email: chad@salinarescuemission.com


Organization details

EIN: 480944358

CEO/President: Chad Young

Chairman: Ron Kramer

Board size: 11

Founder:

Year founded: 1983

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2021


Purpose

We are committed to the high calling of the Lord Jesus Christ to help those in need. Too often people are dehumanized as we give them titles like homeless. Homelessness is their condition, not their identity. They are someone's son, grandson, brother, father, cousin, uncle, etc. They are real people regardless if we can understand how they got into the situation they are in. Fighting homelessness is helping the person experiencing troubled times find who they really are, helping them to overcome their situation. We believe the most loving thing we can do is actively work to help those experiencing homelessness, get out of homelessness by addressing the core issues that created the situation to begin with. Providing shelter alone is not enough.


Mission statement

To provide through Christian ministry: food, clothing, shelter and other basic needs and offer the rehabilitation teaching of the Lord Jesus Christ.


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 rating681 of 913124 of 160
Fund acquisition rating638 of 915115 of 160
Resource allocation rating638 of 915110 of 160
Asset utilization rating458 of 91395 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%15%20%5%8%10%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%12%16%5%7%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%82%84%94%95%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%15%15%9%12%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%18%16%6%5%6%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%76%75%80%74%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%83%113%55%64%99%
Program output ratio Program output ratio =
Program services /
Total revenue
76%62%85%44%47%80%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%17%-13%45%36%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%9%-5%36%42%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%10%11%11%14%9%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.420.460.440.721.00
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.761.971.891.801.973.54
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.260.830.860.791.423.54
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1933.4238.3559.2424.3849.97
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.030.030.020.040.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.4514.0113.6114.978.123.32
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%2%1%1%2%1%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%233%217%226%136%100%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,461,576$1,336,780$1,466,793$845,954$287,090
Receivables, inventories, prepaids$26,760$73,351$86,575$77,400$5,967
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,488,336$1,410,131$1,553,368$923,354$293,057
Long-term investments$899,626$684,358$630,665$280,295$237,185
Fixed assets$540,891$567,321$607,410$617,584$503,133
Other long-term assets$0$0$0$0$5,000
Total long-term assets$1,440,517$1,251,679$1,238,075$897,879$745,318
Total assets$2,928,853$2,661,810$2,791,443$1,821,233$1,038,375
 
Liabilities20202019201820172016
Payables and accrued expenses$44,534$36,774$26,223$37,867$5,865
Other current liabilities$0$0$0$0$0
Total current liabilities$44,534$36,774$26,223$37,867$5,865
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$44,534$36,774$26,223$37,867$5,865
 
Net assets20202019201820172016
Without donor restrictions$2,335,530$2,070,674$2,203,821$1,120,144$852,083
With donor restrictions$548,789$554,362$561,399$663,222$180,427
Net assets$2,884,319$2,625,036$2,765,220$1,783,366$1,032,510
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$1,229,968$897,922$2,063,179$1,959,577$991,378
Program service revenue$0$0$0$43,971$55,261
Membership dues$0$0$0$0$0
Investment income$48,533$65,331$55,055$41,241$1,453
Other revenue$217,059$107,719$87,856$15,166$3,334
Total other revenue$265,592$173,050$142,911$100,378$60,048
Total revenue$1,495,560$1,070,972$2,206,090$2,059,955$1,051,426
 
Expenses20202019201820172016
Program services$934,035$905,259$977,981$973,883$841,527
Management and general$117,723$129,736$135,451$181,194$98,389
Fundraising$184,519$176,161$110,804$154,023$96,958
Total expenses$1,236,277$1,211,156$1,224,236$1,309,100$1,036,874
 
Change in net assets20202019201820172016
Surplus (deficit)$259,283($140,184)$981,854$750,855$14,552
Other changes in net assets$0$0$0$0$0
Total change in net assets$259,283($140,184)$981,854$750,855$14,552

Compensation

NameTitleCompensation
Chad YoungExecutive Director$82,564

Compensation data as of: 6/30/2020


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 2/8/2021. To update the information below, please email: info@ministrywatch.com


History


Program accomplishments

In 2019, we provided more than 50,000 meals to homeless men, women, children & families in our community who were struggling to make ends meet. Our 76 bed shelter stays close to full year-round. We will be adding 29 more beds to Shelter up to 105 per night. We provide recovery programs, employment programs, financial counseling, and the support needed for men to get back on their own two feet.


Needs