Western Carolina Rescue Ministries, Inc

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/21/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Our Mission is simple: Rescue, Recovery & Restoration in Jesus' name! We provide food & shelter, a substance abuse recovery program, and job skills training. While we serve our clients regardless of their beliefs, we are motivated by the teachings of Jesus Christ. Currently our Rescue services for men, women and children include providing meals, food boxes, overnight shelter, showers and clothing. We provide restoration services for men and women that include life counseling, job training and assistance with transitional services. Formal on site programs include Success Academy for men and women, Joshua Plan for men, Abba's Love for women, and Abba's House for addicted mothers and their babies.


Contact information

Mailing address:
Western Carolina Rescue Ministries, Inc
225 Patton Avenue
PO Box 909
Asheville, NC 28801

Website: westerncarolinarescue.org

Phone: 828-254-0471

Email: Jessica@westerncarolinarescue.org


Organization details

EIN: 561249407

CEO/President: Rev. Micheal Anthony Woods

Chairman: Robby Russell

Board size: 9

Founder:

Year founded: 1980

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2011


Purpose

The purpose of Western Carolina Rescue Ministries is to be a lighthouse that shines Jesus' love to all people. Our belief is that God has so much more for the men, women and children of Western North Carolina struggling with poverty, homelessness and addiction. We are called to help bring stability to the chaos of these wounded lives and help them discover the plans and potential that God has placed in them.


Mission statement

Western Carolina Rescue Ministries (WCRM) exists to serve the homeless, poor and addicted populations of western North Carolina. As a non-denominational ministry, we meet people in crisis, focus on helping them at the point of their need, invest in their future, and help them until they can move forward.


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 rating458 of 81783 of 150
Fund acquisition rating637 of 817114 of 150
Resource allocation rating460 of 81788 of 150
Asset utilization rating214 of 81745 of 150

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%17%18%22%18%28%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%13%14%16%14%21%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%76%76%73%77%74%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%14%14%17%17%22%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%24%24%27%23%26%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%77%79%77%77%69%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%96%96%95%81%96%
Program output ratio Program output ratio =
Program services /
Total revenue
76%74%75%73%62%66%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%4%4%5%19%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%5%5%5%24%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%9%7%7%7%9%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.710.710.600.590.66
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.9012.6211.0710.615.0811.75
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.498.917.906.423.007.80
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.925.441.771.183.600.88
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.180.570.850.281.14
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.131.100.660.292.89-0.21
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%37%41%43%45%50%
Debt ratio Debt ratio =
Debt /
Total assets
0%35%36%35%39%41%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%90%82%95%93%75%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$246,074$289,771$371,302$278,106$278,126
Receivables, inventories, prepaids$39,996$44,632$11,848$510,492$9,214
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$286,070$334,403$383,150$788,598$287,340
Long-term investments$0$0$0$0$0
Fixed assets$3,323,510$3,367,113$2,748,875$2,837,731$1,562,542
Other long-term assets$0$0$933,043$381,435$1,525,754
Total long-term assets$3,323,510$3,367,113$3,681,918$3,219,166$3,088,296
Total assets$3,609,580$3,701,516$4,065,068$4,007,764$3,375,636
 
Liabilities20192018201720162015
Payables and accrued expenses$52,569$188,938$324,347$218,933$327,440
Other current liabilities$0$0$0$0$0
Total current liabilities$52,569$188,938$324,347$218,933$327,440
Debt$1,274,797$1,346,848$1,411,001$1,577,405$1,375,461
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$1,274,797$1,346,848$1,411,001$1,577,405$1,375,461
Total liabilities$1,327,366$1,535,786$1,735,348$1,796,338$1,702,901
 
Net assets20192018201720162015
Unrestricted$0$2,103,207$2,183,149$1,672,316$1,621,128
Temporarily restricted$0$62,523$146,571$539,110$51,607
Permanently restricted$0$0$0$0$0
Net assets$2,282,214$2,165,730$2,329,720$2,211,426$1,672,735
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$2,030,427$2,090,979$1,884,341$2,233,442$1,726,683
Program service revenue$609,877$631,775$658,721$657,293$578,860
Membership dues$0$0$0$0$0
Investment income$0$0$0$0$0
Other revenue$25,721$37,531$33,372$17,254$17,283
Total other revenue$635,598$669,306$692,093$674,547$596,143
Total revenue$2,666,025$2,760,285$2,576,434$2,907,989$2,322,826
 
Expenses20192018201720162015
Program services$1,974,789$2,079,443$1,885,037$1,815,647$1,539,049
Management and general$226,243$183,893$164,345$160,335$212,897
Fundraising$348,509$379,324$408,758$393,316$489,517
Total expenses$2,549,541$2,642,660$2,458,140$2,369,298$2,241,463
 
Change in net assets20192018201720162015
Surplus (deficit)$116,484$117,625$118,294$538,691$81,363
Other changes in net assets$0$0$0$0$0
Total change in net assets$116,484$117,625$118,294$538,691$81,363

Compensation

Compensation data for this ministry has not been collected.


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 12/21/2020. To update the information below, please email: info@ministrywatch.com


History

Western Carolina Rescue Mission has served our community faithfully since March of 1981. For over thirty-five years, we have seen God move mightily in the lives of the men and women we serve. Some women and men come in for food and shelter, while others benefit from our one-year residential recovery program which offers freedom from the chains of addiction.


Program accomplishments


Needs