Gospel Rescue Mission Inc.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 1/17/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

The Gospel Rescue Mission, Inc. is a 501/c/3 non-profit corporation that exists as a poverty reduction center. God is using the Gospel Rescue Mission to set the captives free, to heal the broken hearted and to restore lives.


Contact information

Mailing address:
Gospel Rescue Mission
PO Box 7004
Muskogee, OK 74402

Website: grmmuskogee.org

Phone: 9186823489

Email: rich.schaus@grmmuskogee.org


Organization details

EIN: 736104283

CEO/President: Rich Schaus

Chairman: Jim Wallingford

Board size: 15

Founder:

Year founded: 1934

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 2016


Purpose

Our purpose is to maintain a benevolent charitable program for the needy.


Mission statement

Partnering with the community to serve those who are in crisis to restore them to freedom and purpose through the transforming power of the gospel. Currently our services are focused on those who are experiencing the crisis of hunger, homelessness, and hopelessness.


Statement of faith

The Scriptures - The Holy Bible (Old and New Testament) was written by men divinely inspired and is God's Revelation of himself to man. It is a perfect treasure of divine instruction.

God - There is one and only one Living and True God. The eternal triune God reveals himself to us as Father, Son (Jesus), and Holy Spirit, with distinct personal attributes, but without division of nature, essence, or being.

Man - Man is the special creation of God, made in His own image. He created them male and female as the crowning work of His creation. The gift of gender is thus part of the goodness of God's creation. Only the Grace of God can bring man into His Holy Fellowship and enable man to fulfill the creative purpose of God. The sacredness of human personality is evident in that God created man in His own image, and in that Christ died for man; therefore, every person of every race possesses full dignity and is worthy of respect and Christian love.

Salvation - Through the temptation of Satan, man transgressed the Command of God, and fell from his original innocence whereby his posterity inherit a nature and an environment inclined toward sin, and are transgressors and are under condemnation.

Salvation involves the redemption of the whole man, and is offered freely to all who accept Jesus Christ as Lord and Savior, who by His own blood obtained eternal redemption for the Believer. There is no Salvation apart from personal faith in Jesus Christ as Lord.

Last Things - God, in His own time and in His own way, will bring the world to its appropriate end. According to His promise, Jesus Christ will return personally and visibly in Glory to the Earth; The dead will be raised; and Christ will judge all men in righteousness. The unrighteous will be consigned to Hell, the place of everlasting punishment. The righteous in their resurrected and glorified bodies will receive their reward and will dwell forever in Heaven with the Lord.

Stewardship - God is the source of all blessings, temporal and spiritual; All that we have and are we owe to Him. Christians have a spiritual debtorship to the whole world, a Holy trusteeship in the Gospel, and a binding stewardship in their possessions.

The Family - God has ordained the Family as the foundational institution of human society. It is composed of persons related to one another by marriage, blood, or adoption.

Marriage is the uniting of one man and one woman in covenant commitment for a lifetime.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating295 of 94055 of 160
Fund acquisition rating30 of 9421 of 160
Resource allocation rating345 of 94258 of 160
Asset utilization rating782 of 940139 of 160

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%1%5%5%2%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%2%5%5%2%13%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%118%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%1%12%8%5%11%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%-18%0%0%0%0%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%81%75%77%80%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%164%47%58%41%112%
Program output ratio Program output ratio =
Program services /
Total revenue
75%132%35%44%33%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%-64%53%42%59%-12%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%-12%33%16%45%-5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%18%14%15%15%14%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.310.290.200.310.51
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.766.235.701.931.472.05
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.241.941.630.380.451.04
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1424.2712.544.61189.75108.80
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.040.080.220.010.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.455.936.7924.5926.2911.40
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%1%11%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%319%346%449%324%195%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$199,214$89,532$631,415$826,178$324,767
Receivables, inventories, prepaids$114,010$297,297$219,425$3,577$5,013
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$313,224$386,829$850,840$829,755$329,780
Long-term investments$0$0$0$0$0
Fixed assets$1,636,708$1,817,819$793,337$394,117$345,458
Other long-term assets$250$0$0$0$0
Total long-term assets$1,636,958$1,817,819$793,337$394,117$345,458
Total assets$1,950,182$2,204,648$1,644,177$1,223,872$675,238
 
Liabilities20192018201720162015
Payables and accrued expenses$12,904$30,857$184,493$4,373$3,031
Other current liabilities$0$0$0$0$0
Total current liabilities$12,904$30,857$184,493$4,373$3,031
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$2$0$0$0$0
Total long-term liabilities$2$0$0$0$0
Total liabilities$12,906$30,857$184,493$4,373$3,031
 
Net assets20192018201720162015
Without donor restrictions$1,937,276$2,173,791$697,899$545,708$491,594
With donor restrictions$0$0$761,785$673,791$180,613
Net assets$1,937,276$2,173,791$1,459,684$1,219,499$672,207
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$439,575$1,336,436$565,246$923,241$306,854
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income($90,847)$174$75$841$1,059
Other revenue$22,818$6,285$0$0$0
Total other revenue($68,029)$6,459$75$841$1,059
Total revenue$371,546$1,342,895$565,321$924,082$307,913
 
Expenses20192018201720162015
Program services$490,785$470,502$251,416$300,930$255,363
Management and general$111,192$85,724$47,453$57,416$49,603
Fundraising$6,084$72,562$26,267$18,443$38,934
Total expenses$608,061$628,788$325,136$376,789$343,900
 
Change in net assets20192018201720162015
Surplus (deficit)($236,515)$714,107$240,185$547,293($35,987)
Other changes in net assets$0$0$0$0$0
Total change in net assets($236,515)$714,107$240,185$547,293($35,987)

Compensation

NameTitleCompensation
Rich SchausExecutive Dir.$75,000

Compensation data as of: 9/30/2019


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 1/17/2021. To update the information below, please email: info@ministrywatch.com


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