Gateway Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/21/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Gateway Rescue Mission meets the needs of the homeless through the Gospel of Jesus Christ. Jesus got His hands dirty dealing with people and we do the same. We proclaim a Jesus who has the power to save and transform. We follow a Jesus who instructs us to help the downtrodden, love the unlovable and help the helpless. Gateway Rescue Mission is registered with the IRS as a 501(c)(3) non-profit and religious organization, and is 100% funded by private donations from individuals, churches, foundations, and businesses.


Contact information

Mailing address:
Gateway Rescue Mission
PO Box 3763
Jackson, MS 39207

Website: gatewaymission.org

Phone: 601-353-5864

Email: info@gatewaymission.org


Organization details

EIN: 640369382

CEO/President: Rex Baker

Chairman: Ford Mosby

Board size: 11

Founder: Captain Len Martin

Ruling year: 1960

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2012


Purpose

We can't save anyone. That's God's job. Our job is to be a vessel. That's what we are at Gateway Rescue Mission... God's vessel to pour out His mercy on those whom He will show mercy right here in Jackson, Mississippi.

Gateway Rescue Mission serves the physical and spiritual needs of the homeless. We do this by providing tasty, nutritious meals for the body, a clean bed for the night, and a message of hope in Jesus Christ for the soul. We also offer programs for those seeking biblical life transformation.


Mission statement

Gateway Rescue Mission exists to offer life changing hope through the Gospel of Jesus Christ to homeless men, women, and children through programs to deliver food, shelter, counseling and discipleship.


Statement of faith

We believe:

In one Triune God; Father, Son and Holy Spirit, eternal in being, identical in nature, equal in power and glory and having precisely the same attributes and perfections (2 Corinthians 13:14)

In the plenary, verbal inspiration of the Scriptures, both of the Old and New Testaments. By this we understand that the Holy Spirit not only inspired the thoughts of the writers, but also formulated the very word structure into which the thoughts were cast with the result that the original documents were inerrant as to fact and infallible as to truth. (2 Timothy 3:16-17; 2 Peter 1:20-21)

That man was created in the image and likeness of God but through Adam's sin, became alienated from God, acquired a sin nature, and came under the judicial sentence of death (Genesis 1:25-27; Romans 3:22-23; 5:12-21; Ephesians 2:1-3,12)

That the Lord Jesus Christ, the eternal Son of God, became man, without ceasing to be God, having been conceived of the Holy Spirit and born of the virgin Mary, in order that He might reveal God and redeem sinful man. We believe that the Lord Jesus Christ accomplished our redemption through His death on the cross as a propitiatory and substitutionary sacrifice, and that our redemption is made sure to us by His resurrection from the dead in the identical, though glorified, body in which He was crucified (John 1:1-2; Romans 3:24-25; 1 Peter 1:3-5)

We believe that the Lord Jesus Christ is now in Heaven exalted at the right hand of God, where as High Priest for His people, He fulfills the ministry of Representative, Intercessor and Advocate (Romans 8:34; Hebrews 9:24; 1 John 2:1-2)

That the Holy Spirit, the third Person of the Godhead, in the present age indwells all believers in the Lord Jesus Christ, baptizes them into the Body of Christ and seals them unto the day of redemption, and we believe that every believer is commanded of God to be filled with the Holy Spirit (Romans 8:9; 1 Corinthians 12:12-14; Ephesians 1:13-14, 5:18-20)

That salvation is the gift of God offered to man by grace and received by personal faith in the Lord Jesus Christ and that this salvation is sure and eternal (John 3:16, 10:28-30; 1 John 5:11-13)

That the Church is a spiritual organism made up of all born-again persons in this age irrespective of their affiliation with Christian organizations (Ephesians 1:22-23; 5:25-27; 1 Corinthians 12:12-14)

We believe in the resurrection of the Just and the Unjust where the Just will spend eternity with their heavenly Father and the Unjust in eternal separation from God in a place reserved for them in the lake of fire. (Revelation 20:11-15)

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating659 of 999104 of 157
Fund acquisition rating697 of 1001114 of 157
Resource allocation rating857 of 1001132 of 157
Asset utilization rating203 of 99939 of 157

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%16%15%14%13%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%11%13%8%8%12%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%72%85%58%61%62%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%13%12%10%8%12%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%28%15%42%39%38%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%70%69%68%70%67%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%89%110%86%98%95%
Program output ratio Program output ratio =
Program services /
Total revenue
76%62%76%58%69%64%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%11%-10%14%2%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%14%-13%20%3%10%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%17%19%23%22%21%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.581.121.331.201.271.32
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.742.323.024.464.725.19
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.252.594.015.355.976.84
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.0711.935.745.604.333.73
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.080.170.180.230.27
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.454.242.471.841.551.28
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%4%6%4%27%30%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%21%23%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%86%71%80%57%53%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,074,502$707,980$501,310$451,880$449,618
Receivables, inventories, prepaids$49,058$49,295$68,869$114,525$84,784
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,123,560$757,275$570,179$566,405$534,402
Long-term investments$0$0$0$0$0
Fixed assets$1,477,135$1,516,159$1,959,910$2,020,174$2,088,384
Other long-term assets$6,808$12,556$14,378$84,832$153,096
Total long-term assets$1,483,943$1,528,715$1,974,288$2,105,006$2,241,480
Total assets$2,607,503$2,285,990$2,544,467$2,671,411$2,775,882
 
Liabilities20192018201720162015
Payables and accrued expenses$94,204$131,958$101,861$130,698$143,261
Other current liabilities$0$0$0$0$0
Total current liabilities$94,204$131,958$101,861$130,698$143,261
Debt$0$0$0$568,137$633,930
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$8,867$31,160$54,513
Total long-term liabilities$0$0$8,867$599,297$688,443
Total liabilities$94,204$131,958$110,728$729,995$831,704
 
Net assets20192018201720162015
Without donor restrictions$2,513,299$2,154,032$2,030,444$1,939,916$1,940,812
With donor restrictions$0$0$403,295$1,500$3,366
Net assets$2,513,299$2,154,032$2,433,739$1,941,416$1,944,178
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$2,363,624$2,351,918$2,072,792$2,116,232$2,368,055
Program service revenue$891,201$950,347$1,081,863$1,284,257$1,471,231
Membership dues$0$0$0$0$0
Investment income$2,782($542,851)($90)$273($12,499)
Other revenue$15,747$1,147$389,537$50,139$19,087
Total other revenue$909,730$408,643$1,471,310$1,334,669$1,477,819
Total revenue$3,273,354$2,760,561$3,544,102$3,450,901$3,845,874
 
Expenses20192018201720162015
Program services$2,041,273$2,103,284$2,060,338$2,364,957$2,445,710
Management and general$496,628$586,221$694,010$738,412$763,551
Fundraising$376,186$350,763$297,431$280,303$443,916
Total expenses$2,914,087$3,040,268$3,051,779$3,383,672$3,653,177
 
Change in net assets20192018201720162015
Surplus (deficit)$359,267($279,707)$492,323$67,229$192,697
Other changes in net assets$0$0$0$0$0
Total change in net assets$359,267($279,707)$492,323$67,229$192,697

Compensation

NameTitleCompensation
Bentley EdwardsChief Financ$93,192
Rex BakerExecutive Di$92,040

Compensation data as of: 12/31/2019


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 10/21/2021. To update the information below, please email: info@ministrywatch.com


History

Gateway Rescue Mission was founded by Captain Len Martin of the Jackson Fire Department in 1948. Captain Martin was compelled to help the homeless, and Gateway Rescue Mission remains faithful to the charge of helping the homeless. Offering hope through the Gospel of Jesus Christ, Gateway Rescue Mission is committed to providing those in need with shelter, food, clothing, and rehabilitation.


Program accomplishments

On any given night 100 people are off the streets and in safe shelter at a Gateway Rescue Mission facility. Our programs include 40 beds for men, 12 beds for women at Ruths Refuge, 52 beds for men struggling with addiction, and 3 meals a day to the homeless and hungry.


Needs