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
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 710 of 940 | 126 of 160 |
| Fund acquisition rating | | 668 of 942 | 116 of 160 |
| Resource allocation rating | | 657 of 942 | 113 of 160 |
| Asset utilization rating | | 474 of 940 | 96 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% | 15% | 20% | 5% | 8% | 10% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 8% | 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 ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 76% | 75% | 80% | 74% | 81% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 83% | 113% | 55% | 64% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 62% | 85% | 44% | 47% | 80% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | 17% | -13% | 45% | 36% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 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 ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.58 | 0.42 | 0.46 | 0.44 | 0.72 | 1.00 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.76 | 1.97 | 1.89 | 1.80 | 1.97 | 3.54 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.24 | 0.83 | 0.86 | 0.79 | 1.42 | 3.54 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 10.14 | 33.42 | 38.35 | 59.24 | 24.38 | 49.97 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.03 | 0.03 | 0.02 | 0.04 | 0.02 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.45 | 14.01 | 13.61 | 14.97 | 8.12 | 3.32 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
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 | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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 assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| 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
| Name | Title | Compensation |
| Chad Young | Executive 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.