Wayside Christian Mission

Summary

Wayside Christian Mission is Louisville's oldest and largest rescue mission serving some six hundred homeless women, men, and children. We have been given the honor to serve the least, last and lost of our community, not only with the basics for survival, but with hope for a better life, a positive way filled with God's love and grace.


Contact information

Mailing address:
Wayside Christian Mission
PO Box 7249
Louisville, KY 40257

Website: waysidechristianmission.org

Phone: 502-584-3711

Email:


Organization details

EIN: 610667139

CEO/President: Timothy H Moseley

Chairman:

Board size: 0

Founder: Reverend Richard Anderson

Year founded: 1962

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: No

Member of ECFA since:


Purpose

Continuing to serve as one of Louisville's main safety nets, Wayside Christian Mission tackles the root causes of homelessness using a proven holistic approach. Alcoholism, substance abuse, domestic violence, mental illness, and a lack of education and/or vocational skills are among the leading causes of homelessness. By addressing the primary causes of homelessness in a nurturing, caring environment, those bound by poverty and addiction have been able to return to the community as sober, self-supporting citizens.


Mission statement

To meet the physical, emotional, and spiritual needs of homeless men, women and children.


Statement of faith

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating193 of 72549 of 145
Fund acquisition rating232 of 72644 of 145
Resource allocation rating39 of 72611 of 145
Asset utilization rating538 of 725118 of 145

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%6%4%4%7%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%3%2%2%3%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
90%55%61%57%47%38%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%3%2%2%3%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
10%45%39%43%53%62%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%91%91%92%91%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%101%101%96%115%78%
Program output ratio Program output ratio =
Program services /
Total revenue
76%92%91%89%105%71%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-1%-1%4%-15%22%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%0%0%1%-2%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%6%7%5%6%5%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.200.180.170.170.18
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.932.983.183.483.884.05
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.500.590.590.600.670.73
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.6121.4820.1122.2816.7817.36
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.050.050.040.060.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.2419.4519.3619.0716.9315.54
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%3%3%3%3%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%1%1%1%2%2%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
144%494%526%563%563%537%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$3,997,188$3,369,475$3,240,868$2,310,131$2,464,646
Receivables, inventories, prepaids$216,061$420,762$257,527$269,772$272,294
Short-term investments$5,552,409$5,380,797$4,811,831$4,755,135$4,363,930
Other current assets$0$0$0$0$0
Total current assets$9,765,658$9,171,034$8,310,226$7,335,038$7,100,870
Long-term investments$21,888$22,593$16,037$14,739$13,862
Fixed assets$17,632,621$18,295,191$18,936,324$19,532,811$20,147,488
Other long-term assets$1,678,783$1,704,214$1,667,591$1,544,646$1,467,397
Total long-term assets$19,333,292$20,021,998$20,619,952$21,092,196$21,628,747
Total assets$29,098,950$29,193,032$28,930,178$28,427,234$28,729,617
 
Liabilities20192018201720162015
Payables and accrued expenses$454,671$456,010$372,986$437,122$409,052
Other current liabilities$0$0$0$0$0
Total current liabilities$454,671$456,010$372,986$437,122$409,052
Debt$280,000$350,000$420,000$485,000$550,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$280,000$350,000$420,000$485,000$550,000
Total liabilities$734,671$806,010$792,986$922,122$959,052
 
Net assets20192018201720162015
Unrestricted$23,400,754$23,523,279$23,539,362$23,296,146$23,824,461
Temporarily restricted$2,341,410$2,217,598$1,989,727$1,724,393$1,540,194
Permanently restricted$2,622,115$2,646,145$2,608,103$2,484,573$2,405,910
Net assets$28,364,279$28,387,022$28,137,192$27,505,112$27,770,565
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$3,146,317$3,283,856$2,945,444$1,996,852$2,506,035
Program service revenue$1,817,447$1,280,984$1,638,479$1,638,746$1,691,801
Membership dues$0$0$0$0$0
Investment income$237,683$240,896$122,346$173,868$396,048
Other revenue$513,179$561,070$501,262$458,081$2,062,132
Total other revenue$2,568,309$2,082,950$2,262,087$2,270,695$4,149,981
Total revenue$5,714,626$5,366,806$5,207,531$4,267,547$6,656,016
 
Expenses20192018201720162015
Program services$5,239,203$4,896,501$4,612,546$4,459,699$4,758,348
Management and general$333,192$378,898$263,151$287,944$282,822
Fundraising$173,299$125,181$118,242$140,436$125,786
Total expenses$5,745,694$5,400,580$4,993,939$4,888,079$5,166,956
 
Change in net assets20192018201720162015
Surplus (deficit)($31,068)($33,774)$213,592($620,532)$1,489,060
Other changes in net assets$0$0$0$0$0
Total change in net assets($31,068)($33,774)$213,592($620,532)$1,489,060

Response from ministry

No response has been provided by this ministry.


History

Wayside Christian Mission was started in 1957 by Reverend Richard Anderson, a student who had moved from Indianapolis to attend the Louisville Presbyterian Seminary. Rev. Anderson had worked as a counselor with homeless people at Wheeler Rescue Mission in Indianapolis but had found that his clients coming through Louisville did not have a place to stay. While a student in Louisville, Anderson organized an ecumenical group of church leaders, business people, law enforcement officials, judges, and concerned citizens to help develop a rescue mission.

E. Preston Young, a local attorney, churchman, and advocate for the poor, drew up the articles of incorporation and Wayside opened as an interdenominational rescue mission on Dec. 8, 1957, with just 10 beds for men to have overnight lodging.

Wayside was the first rescue mission in Louisville. Rev. Anderson opened the doors of the mission to people of all races. This was a bold move during the late 50's. In fact, Wayside Christian Mission was the first racially integrated rescue mission south of the Mason-Dixon Line. During the following years, the mission grew as the need for shelter increased. In 1972, Wayside Christian Mission moved to 822 East Market Street. In 1984 the mission opened a Family and Women's Shelter to meet the new face of homelessness: entire families living on the street.

The 800 block of East Market Street would remain our home until 2009, when a regentrification thrust necessitated us finding a new location. In 2001, Wayside Christian Mission purchased the former Pavilion Healthcare Center as the new home of our Men's Shelter. Throughout the years, the Wayside Christian Mission has always adjusted and adapted to the needs of the population. In a bold move in 2009, Wayside Christian Mission purchased the 12-story Hotel Louisville at a foreclosure auction.

Today, we operate two primary campuses: The Jefferson Street Campus - 432 East Jefferson Street, and the Hotel Louisville Campus - 120 West Broadway. These two campuses, located in downtown Louisville only 12 blocks apart, house between five to six hundred people or more nightly, and provide about 2,000 meals to the homeless and hungry each day. Most programs are open twenty-four hours a day and assist target populations, such as families with children, women and men with substance abuse issues, and veterans.

To provide additional emergency overnight shelter, the mission operates a low barrier shelter, the Wayside Rescue Station, at the Jefferson Street Campus, housing an additional 100 men, women, and families. In addition to emergency and transitional shelter, Wayside provides 51 permanent supportive housing units for homeless people who are either physically and/or mentally disabled.

Our goal has always been to walk in the path of Christ and minister to all people who find themselves in desperate situations, often lost, confused and without directions. We meet not only the emergency needs of food, shelter and clothing, but guide our residents to experience the full love of God and to live their lives as children of God.

Since its beginning in 1957, Wayside Christian Mission has been serving the most vulnerable in our community. The Mission has been a beacon of hope for thousands of people over the years. Our history is grounded in our love of God and our duty to share God's love by our actions to all people. We follow the example of Christ, who reached out and healed the sick, loved the outcasts and saved those separated from God. Throughout our history, God has provided us with many locations to carry out our duties to provide food, shelter, and clothing.


Program accomplishments


Needs