Wyoming Rescue Mission

Summary

We provide emergency shelter and meals to individuals in our community who are homeless or needy. We also offer a Christian Discipleship Program.


Contact information

Mailing address:
Wyoming Rescue Mission
PO Box 2030
Casper, WY 82602

Website: wyomission.org

Phone: 307-265-3002

Email: info@wyomission.org


Organization details

EIN: 742347412

CEO/President: Brad Hopkins

Chairman: Bryce True and Darrin Devine

Board size: 9

Founder: Rev. Munchler

Year founded: 1985

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2015


Purpose

Wyoming Rescue Mission will nurture sanctuaries of radical hospitality where the homeless and needy experience the transforming love of Jesus thus propelling the church into the lead role alleviating poverty in Wyoming.


Mission statement

The Wyoming Rescue Mission restores with the love of Christ those struggling with homelessness back to society as independent community members.


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 rating581 of 725121 of 145
Fund acquisition rating419 of 72680 of 145
Resource allocation rating466 of 72699 of 145
Asset utilization rating605 of 725129 of 145

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%11%10%8%14%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%12%10%8%13%16%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
90%106%98%98%96%92%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%17%18%14%14%15%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
10%-6%2%2%4%8%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%75%72%78%78%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%71%54%57%96%107%
Program output ratio Program output ratio =
Program services /
Total revenue
76%53%39%44%75%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%29%46%43%4%-7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%14%32%47%4%-7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%9%10%8%9%12%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.280.320.591.040.92
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.935.563.721.975.643.77
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.501.581.201.175.873.46
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.6112.861.9122.425.138.94
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.080.520.040.190.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.247.024.809.771.653.08
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%18%15%4%8%8%
Debt ratio Debt ratio =
Debt /
Total assets
0%16%1%2%5%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
144%291%265%161%88%100%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$872,021$1,488,185$1,998,145$314,721$562,876
Receivables, inventories, prepaids$269,266$373,393$116,017$88,721$12,218
Short-term investments$352,117$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,493,404$1,861,578$2,114,162$403,442$575,094
Long-term investments$0$424,260$400,354$391,345$366,116
Fixed assets$6,638,922$4,478,207$1,495,065$1,329,640$1,069,505
Other long-term assets$163,716$168,990$161,074$149,989$159,802
Total long-term assets$6,802,638$5,071,457$2,056,493$1,870,974$1,595,423
Total assets$8,296,042$6,933,035$4,170,655$2,274,416$2,170,517
 
Liabilities20192018201720162015
Payables and accrued expenses$116,168$972,561$94,299$78,593$64,324
Other current liabilities$0$0$0$0$0
Total current liabilities$116,168$972,561$94,299$78,593$64,324
Debt$1,338,348$74,598$90,000$110,000$110,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$1,338,348$74,598$90,000$110,000$110,000
Total liabilities$1,454,516$1,047,159$184,299$188,593$174,324
 
Net assets20192018201720162015
Unrestricted$6,324,998$4,861,641$1,790,774$1,650,450$1,540,393
Temporarily restricted$352,812$855,245$2,034,508$285,384$295,998
Permanently restricted$163,716$168,990$161,074$149,989$159,802
Net assets$6,841,526$5,885,876$3,986,356$2,085,823$1,996,193
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$3,521,025$4,033,246$4,301,537$2,361,285$1,708,239
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income($230,076)$51,659$23,707$20,793$1,946
Other revenue$38,872$36,935$43,442$76,824$144,503
Total other revenue($191,204)$88,594$67,149$97,617$146,449
Total revenue$3,329,821$4,121,840$4,368,686$2,458,902$1,854,688
 
Expenses20192018201720162015
Program services$1,757,767$1,604,268$1,927,642$1,836,705$1,468,060
Management and general$204,686$222,606$195,341$211,027$231,923
Fundraising$390,277$397,842$357,223$320,705$290,578
Total expenses$2,352,730$2,224,716$2,480,206$2,368,437$1,990,561
 
Change in net assets20192018201720162015
Surplus (deficit)$977,091$1,897,124$1,888,480$90,465($135,873)
Other changes in net assets$0$0$0$0$0
Total change in net assets$977,091$1,897,124$1,888,480$90,465($135,873)

Compensation

Compensation data for this ministry has not been collected.


Response from ministry

No response has been provided by this ministry.


History

The Wyoming Rescue Mission (WRM) began ministering to the homeless in 1978. Founded by Rev. Munchler, Soul's Anchor, as it was then called, operated an emergency shelter from a storefront on CY Avenue. In 1991, Soul's Anchor moved into the newly acquired and renovated Park Street Hotel and opened the Central Wyoming Rescue Mission. Rev. Dan Gorman was hired as the new executive cirector in May of 1991.

In 1995, we purchased property across from the Park Street Hotel and placed two modular homes for the Discipleship Program, a Christ-centered transitional housing program for men. The Discipleship Program provided an opportunity to offer more in-depth services, in addition to basic emergency services. One year later, we opened Rescued Treasures Thrift Store to provide needed funding, as well as opportunities for program guests to learn valuable work skills and job readiness.

Rev. Carl Wolosin took over as executive director in 1998. The growing population of women and children in need led to the opening of the Women's Transformation Center in 2007. The Center houses the women's Emergency Services and Discipleship Recovery Programs.

Brad Hopkins was hired as the Executive Director in 2012. In 2017, we launched another needed expansion of our facilities and changed the name of our organization to Wyoming Rescue Mission.

The Wyoming Rescue Mission restores with the love of Christ those struggling with homelessness back to society as independent community members. Wyoming Rescue Mission will nurture sanctuaries of radical hospitality where the homeless and needy experience the transforming love of Jesus, thus propelling the church into the lead role alleviating poverty in Wyoming.


Program accomplishments


Needs