Charlotte Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/14/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

For 80 years, Charlotte Rescue Mission has been helping men and women break the cycle of addiction & homelessness.


Contact information

Mailing address:
Charlotte Rescue Mission
PO Box 33000
Charlotte, NC 28233

Website: charlotterescuemission.org

Phone: 7043334673

Email: inquiries@charlotterescuemission.org


Organization details

EIN: 560571223

CEO/President: Rev. Anthony Marciano II

Chairman: Mr. Mike Metcalf and Mr. Dave Osterhus

Board size: 11

Founder:

Year founded: 1951

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Charlotte Rescue Mission is a leader in providing free Christian-based residential recovery programs that help people struggling with the disease of addiction achieve long-term sobriety, find employment and stable housing, and restore and build healthy relationships.


Mission statement

Charlotte Rescue Mission is transforming lives in the name of Jesus Christ by serving people impacted by addiction to equip them to thrive in the community.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating548 of 817103 of 150
Fund acquisition rating553 of 81797 of 150
Resource allocation rating464 of 81789 of 150
Asset utilization rating447 of 81797 of 150

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%13%14%15%16%18%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%13%14%15%16%18%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%99%99%98%99%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%14%15%15%16%15%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%1%1%2%1%2%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%77%76%76%76%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%92%91%95%98%113%
Program output ratio Program output ratio =
Program services /
Total revenue
76%71%69%72%74%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%8%9%5%2%-13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%5%6%3%1%-7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%9%9%9%8%8%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.510.540.530.510.54
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.904.053.023.724.285.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.492.061.651.972.192.69
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.926.278.7512.239.837.31
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.160.110.080.100.14
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.134.896.455.604.933.85
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%11%12%11%11%11%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%174%162%169%174%165%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,487,673$3,323,447$2,891,714$2,286,219$1,713,851
Receivables, inventories, prepaids$1,886,095$939,695$331,140$463,375$619,167
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$3,373,768$4,263,142$3,222,854$2,749,594$2,333,018
Long-term investments$0$0$0$0$0
Fixed assets$10,124,878$8,444,904$8,560,650$8,772,999$9,072,281
Other long-term assets$161,844$186,844$211,844$239,638$265,798
Total long-term assets$10,286,722$8,631,748$8,772,494$9,012,637$9,338,079
Total assets$13,660,490$12,894,890$11,995,348$11,762,231$11,671,097
 
Liabilities20192018201720162015
Payables and accrued expenses$523,528$445,588$232,312$267,874$314,356
Other current liabilities$14,875$41,558$31,121$11,750$5,000
Total current liabilities$538,403$487,146$263,433$279,624$319,356
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,000,000$1,000,000$1,000,000$1,000,000$1,000,000
Total long-term liabilities$1,000,000$1,000,000$1,000,000$1,000,000$1,000,000
Total liabilities$1,538,403$1,487,146$1,263,433$1,279,624$1,319,356
 
Net assets20192018201720162015
Unrestricted$11,155,200$10,119,109$10,285,701$9,725,039$9,421,892
Temporarily restricted$966,887$1,288,635$446,214$757,568$929,849
Permanently restricted$0$0$0$0$0
Net assets$12,122,087$11,407,744$10,731,915$10,482,607$10,351,741
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$7,518,240$7,635,765$6,525,088$6,103,220$5,437,309
Program service revenue$99,471$108,168$117,266$86,874$88,746
Membership dues$0$0$0$0$0
Investment income$16,472$12,260$29,345($15,011)$3,887
Other revenue($36,817)($31,029)($26,735)($30,649)$7,895
Total other revenue$79,126$89,399$119,876$41,214$100,528
Total revenue$7,597,366$7,725,164$6,644,964$6,144,434$5,537,837
 
Expenses20192018201720162015
Program services$5,380,570$5,329,372$4,812,319$4,548,120$4,778,295
Management and general$597,930$607,971$553,122$489,325$525,965
Fundraising$982,123$1,086,992$980,214$976,123$970,872
Total expenses$6,960,623$7,024,335$6,345,655$6,013,568$6,275,132
 
Change in net assets20192018201720162015
Surplus (deficit)$636,743$700,829$299,309$130,866($737,295)
Other changes in net assets$0$0$0$0$0
Total change in net assets$636,743$700,829$299,309$130,866($737,295)

Compensation

NameTitleCompensation
Anthony Marciano IIPresident and CEO$180,123
Brian BaraDirector of Finance & Admi$93,753

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 12/14/2020. To update the information below, please email: info@ministrywatch.com


History

Founded in 1938, the Charlotte Rescue Mission has a long history of reaching out to the homeless and those battling addictions. Over the years, the Mission has been located in several different uptown Charlotte buildings and had several different names, but our commitment to serving the homeless and sharing the gospel of Christ has never changed. Many people who came to the Mission for help during those early years were struggling with addiction. In 1990, the Mission made a commitment to hire a Christian staff trained in professional substance abuse recovery services. With this, Charlotte Rescue Mission launched a 90-day residential program empowering individuals to move beyond cycles of homelessness and addiction to become productive citizens in the community. This program is known as Rebound and has helped thousands of men over the years. Rebound served men struggling with addiction and homelessness, but despite a staggering community need, there was no similar program for women. In 1992, Charlotte Rescue Mission launched the Dove's Nest program. Like Rebound, Dove's Nest provides comprehensive addiction recovery services for women. In 1995, Rebound's Recovery Residence opened its doors. The Recovery Residence provides opportunities for Rebound graduates to maintain long-term sobriety as they transition out of dependency on community programs and transition into self-sufficiency. In 2008, the Dove's Nest Capital Campaign was launched to expand Dove's Nest's women's addiction recovery program from a 12-bed facility to a 120-bed facility. In addition, for the first time in its history, the Mission was now able to serve children as well as their mothers. The doors of this new facility opened in July 2012. In 2016, both the Rebound and Dove's Nest programs were expanded to a 120-day program. In 2019, the Mission opened Community Matters Cafe, a full-service restaurant and coffee shop adjacent to the Rebound campus. Community Matters Cafe provides a four-month life skills training program that teaches Charlotte Rescue Mission recovery program graduates a variety of essential life and job skills that prepare them for successful transition back into the workplace. All profits from the restaurant are used to support the programs of Charlotte Rescue Mission.


Program accomplishments


Needs

Needs include financial support, volunteers, clothing, food, and other items.