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 rating653 of 817124 of 150
Fund acquisition rating686 of 817127 of 150
Resource allocation rating591 of 817109 of 150
Asset utilization rating410 of 81789 of 150

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%20%5%8%10%11%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%16%5%7%9%10%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%84%94%95%94%91%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%15%9%12%9%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%16%6%5%6%9%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%75%80%74%81%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%113%55%64%99%97%
Program output ratio Program output ratio =
Program services /
Total revenue
76%85%44%47%80%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-13%45%36%1%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-5%36%42%1%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%11%11%14%9%10%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.460.440.721.000.99
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.901.891.801.973.543.70
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.490.860.791.423.543.67
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.9238.3559.2424.3849.9714.22
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.030.020.040.020.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.1313.6114.978.123.323.04
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%1%1%2%1%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%217%226%136%100%99%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,336,780$1,466,793$845,954$287,090$275,726
Receivables, inventories, prepaids$73,351$86,575$77,400$5,967$4,599
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,410,131$1,553,368$923,354$293,057$280,325
Long-term investments$684,358$630,665$280,295$237,185$227,756
Fixed assets$567,321$607,410$617,584$503,133$529,584
Other long-term assets$0$0$0$5,000$0
Total long-term assets$1,251,679$1,238,075$897,879$745,318$757,340
Total assets$2,661,810$2,791,443$1,821,233$1,038,375$1,037,665
 
Liabilities20192018201720162015
Payables and accrued expenses$36,774$26,223$37,867$5,865$19,707
Other current liabilities$0$0$0$0$0
Total current liabilities$36,774$26,223$37,867$5,865$19,707
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$36,774$26,223$37,867$5,865$19,707
 
Net assets20192018201720162015
Unrestricted$2,070,674$2,203,821$1,120,144$852,083$934,074
Temporarily restricted$477,422$484,459$586,282$103,487$6,944
Permanently restricted$76,940$76,940$76,940$76,940$76,940
Net assets$2,625,036$2,765,220$1,783,366$1,032,510$1,017,958
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$897,922$2,063,179$1,959,577$991,378$968,278
Program service revenue$0$0$43,971$55,261$75,908
Membership dues$0$0$0$0$0
Investment income$65,331$55,055$41,241$1,453$1,227
Other revenue$107,719$87,856$15,166$3,334$15,843
Total other revenue$173,050$142,911$100,378$60,048$92,978
Total revenue$1,070,972$2,206,090$2,059,955$1,051,426$1,061,256
 
Expenses20192018201720162015
Program services$905,259$977,981$973,883$841,527$821,463
Management and general$129,736$135,451$181,194$98,389$102,103
Fundraising$176,161$110,804$154,023$96,958$104,661
Total expenses$1,211,156$1,224,236$1,309,100$1,036,874$1,028,227
 
Change in net assets20192018201720162015
Surplus (deficit)($140,184)$981,854$750,855$14,552$33,029
Other changes in net assets$0$0$0$0$0
Total change in net assets($140,184)$981,854$750,855$14,552$33,029

Compensation

NameTitleCompensation
Chad YoungExecutive Director$75,700

Compensation data as of: 6/30/2019


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