Gateway Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/14/2020. 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: 601-353-9468

Email: info@gatewaymission.org


Organization details

EIN: 640369382

CEO/President: Rex Baker

Chairman: Ford Mosby

Board size: 11

Founder: Captain Len Martin

Year founded: 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

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating530 of 81791 of 150
Fund acquisition rating588 of 817103 of 150
Resource allocation rating720 of 817132 of 150
Asset utilization rating131 of 81728 of 150

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%15%14%13%19%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%13%8%8%12%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%85%58%61%62%56%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%12%10%8%12%9%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%15%42%39%38%44%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%69%68%70%67%71%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%110%86%98%95%102%
Program output ratio Program output ratio =
Program services /
Total revenue
76%76%58%69%64%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-10%14%2%5%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-13%20%3%10%-5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%19%23%22%21%20%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.621.331.201.271.321.48
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.903.024.464.725.194.81
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.494.015.355.976.847.11
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.925.745.604.333.735.07
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.170.180.230.270.20
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.132.471.841.551.281.36
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%6%4%27%30%38%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%21%23%31%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%71%80%57%53%42%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$707,980$501,310$451,880$449,618$466,077
Receivables, inventories, prepaids$49,295$68,869$114,525$84,784$123,724
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$757,275$570,179$566,405$534,402$589,801
Long-term investments$0$0$0$0$0
Fixed assets$1,516,159$1,959,910$2,020,174$2,088,384$2,196,907
Other long-term assets$12,556$14,378$84,832$153,096$51,377
Total long-term assets$1,528,715$1,974,288$2,105,006$2,241,480$2,248,284
Total assets$2,285,990$2,544,467$2,671,411$2,775,882$2,838,085
 
Liabilities20182017201620152014
Payables and accrued expenses$131,958$101,861$130,698$143,261$116,271
Other current liabilities$0$0$0$0$0
Total current liabilities$131,958$101,861$130,698$143,261$116,271
Debt$0$0$568,137$633,930$891,360
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$8,867$31,160$54,513$78,973
Total long-term liabilities$0$8,867$599,297$688,443$970,333
Total liabilities$131,958$110,728$729,995$831,704$1,086,604
 
Net assets20182017201620152014
Unrestricted$2,154,032$2,030,444$1,939,916$1,940,812$1,744,981
Temporarily restricted$0$403,295$1,500$3,366$6,500
Permanently restricted$0$0$0$0$0
Net assets$2,154,032$2,433,739$1,941,416$1,944,178$1,751,481
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$2,351,918$2,072,792$2,116,232$2,368,055$2,285,126
Program service revenue$950,347$1,081,863$1,284,257$1,471,231$1,787,675
Membership dues$0$0$0$0$0
Investment income($542,851)($90)$273($12,499)$16
Other revenue$1,147$389,537$50,139$19,087$24,792
Total other revenue$408,643$1,471,310$1,334,669$1,477,819$1,812,483
Total revenue$2,760,561$3,544,102$3,450,901$3,845,874$4,097,609
 
Expenses20182017201620152014
Program services$2,103,284$2,060,338$2,364,957$2,445,710$2,961,456
Management and general$586,221$694,010$738,412$763,551$848,302
Fundraising$350,763$297,431$280,303$443,916$382,565
Total expenses$3,040,268$3,051,779$3,383,672$3,653,177$4,192,323
 
Change in net assets20182017201620152014
Surplus (deficit)($279,707)$492,323$67,229$192,697($94,714)
Other changes in net assets$0$0$0$0$0
Total change in net assets($279,707)$492,323$67,229$192,697($94,714)

Compensation

NameTitleCompensation
Rex BakerExecutive Di$90,663
Bentley EdwardsChief Financ$90,243

Compensation data as of: 12/31/2018


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 12/14/2020. 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