Trinity Rescue Mission

Summary

Trinity Rescue Mission provides food, shelter and recovery to the hurting and needy of NE Florida.


Contact information

Mailing address:
Trinity Rescue Mission
622 West Union Street
Jacksonville, FL 32202

Website: trinityrescue.org

Phone: 9043551205

Email: info@trinityrescue.org


Organization details

EIN: 596152373

CEO/President: Michael Akins

Chairman:

Board size: 0

Founder:

Year founded: 1963

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose


Mission statement


Statement of faith

We believe the Bible to be the inspired, infallible, ultimately authoritative Word of God. We believe there is one God, eternally existing as Father, Son, and Holy Spirit. We believe that the Lord Jesus Christ is Deity, that He was born of a virgin, that we are redeemed by His atoning death through His shed blood, that He was bodily resurrected and ascended into heaven, and that He will come again in power and great glory. We believe that individuals are saved through a direct, personal encounter with the risen Lord, at which time they are regenerated by the Holy Spirit. We believe in the present ministry of the Holy Spirit, by whom Christ indwells each believer, enabling him or her to live a godly life of obedience as he or she reaches for maturity. We believe the Holy Spirit unites all believers in the Lord Jesus Christ and that together they form one body, one church.

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating86 of 5862 of 42
Fund acquisition rating228 of 5867 of 42
Resource allocation rating83 of 5863 of 42
Asset utilization rating157 of 5863 of 42

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
2018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%6%8%6%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%8%6%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%86%97%89%69%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%8%4%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%14%3%11%31%
 
Operating ratiosMedian % for
all ministries in
MW database
2018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%88%86%82%100%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%124%100%125%168%
Program output ratio Program output ratio =
Program services /
Total revenue
80%109%87%102%168%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%-24%0%-25%-68%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%195%-4%-153%-73%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%7%6%14%0%
 
Investing ratiosMedian measure
for all ministries
in MW database
2018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.071.401.021.090.63
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.697.3013.7618.7935.54
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.1810.2414.0620.4722.56
 
Liquidity ratiosMedian measure
for all ministries
in MW database
2018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.791.301.673.721.30
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.770.600.270.77
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.710.270.340.430.12
 
Solvency ratiosMedian % for
all ministries in
MW database
2018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%114%86%86%65%
Debt ratio Debt ratio =
Debt /
Total assets
0%25%28%29%30%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%-10%13%13%56%

Financials

Balance sheet
 
Assets2018201720162015
Cash$168,570$82,794$66,688$40,704
Receivables, inventories, prepaids$52,822$30,440$16,600$3,575
Short-term investments$0$0$0$0
Other current assets$0$0$0$0
Total current assets$221,392$113,234$83,288$44,279
Long-term investments$0$0$0$0
Fixed assets$1,385,866$1,434,155$1,478,755$1,529,220
Other long-term assets$9,454$10,398$2,812$0
Total long-term assets$1,395,320$1,444,553$1,481,567$1,529,220
Total assets$1,616,712$1,557,787$1,564,855$1,573,499
 
Liabilities2018201720162015
Payables and accrued expenses$169,715$67,838$22,407$34,171
Other current liabilities$0$0$0$0
Total current liabilities$169,715$67,838$22,407$34,171
Debt$396,423$434,477$457,432$474,477
Due to (from) affiliates$0$0$0$0
Other long-term liabilities$1,274,565$843,626$865,395$509,501
Total long-term liabilities$1,670,988$1,278,103$1,322,827$983,978
Total liabilities$1,840,703$1,345,941$1,345,234$1,018,149
 
Net assets2018201720162015
Unrestricted($223,991)$211,846$219,621$555,350
Temporarily restricted$0$0$0$0
Permanently restricted$0$0$0$0
Net assets($223,991)$211,846$219,621$555,350
 
Revenues and expenses
 
Revenue2018201720162015
Total contributions$1,576,492$1,534,653$1,213,726$412,946
Program service revenue$237,998$30,600$122,694$164,113
Membership dues$0$0$0$0
Investment income$0$29$44$0
Other revenue$15,667$18,658$32,488$18,665
Total other revenue$253,665$49,287$155,226$182,778
Total revenue$1,830,157$1,583,940$1,368,952$595,724
 
Expenses2018201720162015
Program services$2,000,803$1,373,147$1,393,236$999,073
Management and general$166,587$92,288$234,770$0
Fundraising$98,604$126,330$76,675$0
Total expenses$2,265,994$1,591,765$1,704,681$999,073
 
Change in net assets2018201720162015
Surplus (deficit)($435,837)($7,825)($335,729)($403,349)
Other changes in net assets$0$0$0$0
Total change in net assets($435,837)($7,825)($335,729)($403,349)

Response from ministry

No response has been provided by this ministry.


History

Trinity Rescue Mission was established in 1962 by the congregation of Trinity Baptist Church and church leaders as an expression of their burden for the homeless and hurting people on the streets in Jacksonville. Today, Trinity Rescue Mission operates as an independent, Christ-centered 501(c)(3) non-profit organization. Although now a separate entity, Trinity Baptist Church remains as key ministry partner of Trinity Rescue Mission. 1962-Trinity Rescue Mission opens on Bay Street in downtown Jacksonville, Florida 1970-Trinity Rescue Mission opens Freedom Farm, a long-term substance abuse program in St. Johns County, to meet the community's increasing need for a residential drug and alcohol recovery program. 1997-Trinity Rescue Mission moves from 901 West Bay Street, to a new 12,000 square foot facility at 622 West Union Street. The new facility increases the capacity and effectiveness to accomplish the mission's goal to help more people better. 2006-Trinity Rescue Mission opens the 14,000 square foot Women and Children's Center on Union Street. The facility's modern design was created to meet the specific needs of homeless women and mothers with children, an under-served demographic of homeless in Jacksonville and Northeast Florida. Today-Trinity Rescue Mission programs are working daily in four locations in the Jacksonville area with a ministry wide program capacity of 302 beds, which equates to over 110,000 shelter nights per year. As we continue to provide Christ-centered, life-transforming solutions to the least of these, we are humbled to be a member of a generous community mobilized to transform lives and end hunger and homelessness.


Program accomplishments


Needs