Riverside Christian Ministries

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/21/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Riverside House exists to guide men and women convicted of crime into becoming productive citizens through a nondenominational, faith-based approach.


Contact information

Mailing address:
Riverside Christian Ministries
968 N.W. 2nd Street
Miami, FL 33128

Website: riversidehouse.org

Phone: 305-326-9799

Email: info@riverside-house.org


Organization details

EIN: 592093182

CEO/President: Cleveland Bell III

Chairman:

Board size: 6

Founder: Riverside UMC & Dade County Correction Dept

Ruling year: 1982

Tax deductible: Yes

Fiscal year end: 03/31

Member of ECFA: Yes

Member of ECFA since: 1985


Purpose

Our four programs are as follows: Comprehensive Residential Reentry Program, Non-residential Support, Spiritual Development and Community Partnerships


Mission statement


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating473 of 99938 of 73
Fund acquisition rating733 of 100154 of 73
Resource allocation rating265 of 100122 of 73
Asset utilization rating469 of 99937 of 73

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%123%122%144%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%4%4%4%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
79%3%3%3%3%2%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%5%4%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
21%97%97%97%97%98%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%85%85%85%85%88%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%94%95%87%79%72%
Program output ratio Program output ratio =
Program services /
Total revenue
75%80%80%74%67%64%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%6%5%13%21%28%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%5%4%12%22%42%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%11%11%10%15%12%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.850.770.710.780.811.00
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.031.121.131.151.171.23
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.880.860.800.890.951.24
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.5327.2928.0827.1522.3113.91
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.040.040.040.040.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.3413.4914.4713.0212.119.02
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%4%3%4%4%9%
Debt ratio Debt ratio =
Debt /
Total assets
3%0%0%0%0%3%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
87%126%137%124%118%91%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,546,689$870,755$588,662$1,017,996$1,879,862
Receivables, inventories, prepaids$307,855$718,796$608,078$584,940$265,690
Short-term investments$1,487,049$1,749,155$2,011,632$1,183,964$0
Other current assets$0$0$0$0$0
Total current assets$3,341,593$3,338,706$3,208,372$2,786,900$2,145,552
Long-term investments$0$0$0$0$2,000
Fixed assets$401,327$437,611$465,366$468,011$485,953
Other long-term assets$0$0$0$2,858$6,070
Total long-term assets$401,327$437,611$465,366$470,869$494,023
Total assets$3,742,920$3,776,317$3,673,738$3,257,769$2,639,575
 
Liabilities20202019201820172016
Payables and accrued expenses$119,927$118,903$118,153$124,917$154,195
Other current liabilities$2,500$0$0$0$0
Total current liabilities$122,427$118,903$118,153$124,917$154,195
Debt$0$0$0$0$70,454
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$11,220$11,780$16,740$18,500$15,225
Total long-term liabilities$11,220$11,780$16,740$18,500$85,679
Total liabilities$133,647$130,683$134,893$143,417$239,874
 
Net assets20202019201820172016
Without donor restrictions$3,590,110$3,601,247$3,509,872$3,114,352$2,399,701
With donor restrictions$19,163$44,387$28,973$0$0
Net assets$3,609,273$3,645,634$3,538,845$3,114,352$2,399,701
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$99,953$98,409$83,281$93,016$87,740
Program service revenue$2,816,766$2,633,707$3,125,991$3,250,574$3,565,840
Membership dues$0$0$0$0$0
Investment income$110,378$89,393$56,455($9,996)($4,257)
Other revenue$6,148$2,251$1,349$3,748$12,034
Total other revenue$2,933,292$2,725,351$3,183,795$3,244,326$3,573,617
Total revenue$3,033,245$2,823,760$3,267,076$3,337,342$3,661,357
 
Expenses20202019201820172016
Program services$2,429,631$2,267,743$2,433,220$2,230,210$2,342,693
Management and general$310,536$281,652$295,335$408,347$307,761
Fundraising$123,248$120,391$119,516$0$0
Total expenses$2,863,415$2,669,786$2,848,071$2,638,557$2,650,454
 
Change in net assets20202019201820172016
Surplus (deficit)$169,830$153,974$419,005$698,785$1,010,903
Other changes in net assets$0$0$0$0$0
Total change in net assets$169,830$153,974$419,005$698,785$1,010,903

Compensation

NameTitleCompensation
Cleveland Bell IIIExecutive Director$146,371
David McSherryChief Operating Office$80,794

Compensation data as of: 3/31/2020


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 11/21/2021. To update the information below, please email: info@ministrywatch.com


History

In 1972, Captain Andy Mathieu, a Navy and Coast Guard Veteran, and friend, Ed Dodson, managed an alcoholic rehabilitation center. This enterprise operated as an outreach of the Riverside United Methodist Church. Within eighteen months it evolved into a larger outreach becoming the first in the nation to experiment with the rehabilitation of ex-offenders.

"Rehabilitation with Dignity" was a dream of Roberto Perez, a lay preacher; Reverend O. Dean Martin, Pastor of the Riverside United Methodist Church; and Jack Sandstrom, Director of the Dade Community Correction and Rehabilitation Department. Together, they envisioned a halfway house that offered the means for those with a first-time offense the opportunity to rebuild their lives. In addition, they desired to establish an environment with caring people as a replacement for the hardened atmosphere ex-offenders were accustomed to.

A grant from the Law Enforcement Assistance Administration provided the finances to maintain this program for the first two years of operation.

Cleveland Bell III became Executive Director of Riverside House in July of 1977. As a former ex-offender, Mr. Bell was no stranger to the feelings of frustration, anger, and rebellion often felt by those with similar backgrounds. Through the continuous outpouring of Mr. Bell's personal life experiences with fellow men and women, and, the dedicated, hard work of staff and Board members, the ministry of Riverside House has reached thousands of ex-offenders through jail groups, out-client participation, prison outreach, and inner-city activities.

Today, Riverside House is a private, non-profit organization that has been successfully operating as a coed community residential reentry facility for over 42 years.


Program accomplishments


Needs