Wyoming Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/22/2020. To update the information in this column, please email: info@ministrywatch.com


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 rating726 of 940127 of 160
Fund acquisition rating605 of 942105 of 160
Resource allocation rating554 of 94295 of 160
Asset utilization rating685 of 940128 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%13%11%10%8%14%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%13%12%10%8%13%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%99%106%98%98%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%16%17%18%14%14%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%1%-6%2%2%4%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%78%75%72%78%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%78%71%54%57%96%
Program output ratio Program output ratio =
Program services /
Total revenue
75%61%53%39%44%75%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%22%29%46%43%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%10%14%32%47%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%6%9%10%8%9%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.310.280.320.591.04
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.763.985.563.721.975.64
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.241.221.581.201.175.87
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1412.0812.861.9122.425.13
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.080.080.520.040.19
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.459.007.024.809.771.65
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%14%18%15%4%8%
Debt ratio Debt ratio =
Debt /
Total assets
1%12%16%1%2%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%280%291%265%161%88%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,686,793$872,021$1,488,185$1,998,145$314,721
Receivables, inventories, prepaids$159,408$269,266$373,393$116,017$88,721
Short-term investments$372,955$352,117$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,219,156$1,493,404$1,861,578$2,114,162$403,442
Long-term investments$0$0$424,260$400,354$391,345
Fixed assets$6,468,469$6,638,922$4,478,207$1,495,065$1,329,640
Other long-term assets$151,873$163,716$168,990$161,074$149,989
Total long-term assets$6,620,342$6,802,638$5,071,457$2,056,493$1,870,974
Total assets$8,839,498$8,296,042$6,933,035$4,170,655$2,274,416
 
Liabilities20202019201820172016
Payables and accrued expenses$134,275$116,168$972,561$94,299$78,593
Other current liabilities$49,456$0$0$0$0
Total current liabilities$183,731$116,168$972,561$94,299$78,593
Debt$1,060,768$1,338,348$74,598$90,000$110,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$1,060,768$1,338,348$74,598$90,000$110,000
Total liabilities$1,244,499$1,454,516$1,047,159$184,299$188,593
 
Net assets20202019201820172016
Without donor restrictions$7,161,005$6,324,998$4,861,641$1,790,774$1,650,450
With donor restrictions$433,994$516,528$1,024,235$2,195,582$435,373
Net assets$7,594,999$6,841,526$5,885,876$3,986,356$2,085,823
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$3,420,768$3,521,025$4,033,246$4,301,537$2,361,285
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$28,785($230,076)$51,659$23,707$20,793
Other revenue$13,545$38,872$36,935$43,442$76,824
Total other revenue$42,330($191,204)$88,594$67,149$97,617
Total revenue$3,463,098$3,329,821$4,121,840$4,368,686$2,458,902
 
Expenses20202019201820172016
Program services$2,111,954$1,757,767$1,604,268$1,927,642$1,836,705
Management and general$165,448$204,686$222,606$195,341$211,027
Fundraising$435,559$390,277$397,842$357,223$320,705
Total expenses$2,712,961$2,352,730$2,224,716$2,480,206$2,368,437
 
Change in net assets20202019201820172016
Surplus (deficit)$750,137$977,091$1,897,124$1,888,480$90,465
Other changes in net assets$0$0$0$0$0
Total change in net assets$750,137$977,091$1,897,124$1,888,480$90,465

Compensation

Compensation data for this ministry has not been collected.


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 12/22/2020. To update the information below, please email: info@ministrywatch.com


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