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

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating538 of 58627 of 42
Fund acquisition rating413 of 58620 of 42
Resource allocation rating442 of 58629 of 42
Asset utilization rating528 of 58632 of 42

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%10%8%14%17%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%10%8%13%16%8%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%98%98%96%92%92%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%18%14%14%15%12%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%2%2%4%8%8%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%72%78%78%74%71%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%54%57%96%107%67%
Program output ratio Program output ratio =
Program services /
Total revenue
80%39%44%75%79%48%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%46%43%4%-7%33%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%32%47%4%-7%42%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%10%8%9%12%17%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.070.320.591.040.920.75
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.693.721.975.643.772.08
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.181.201.175.873.461.56
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.791.9122.425.138.9411.09
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.520.040.190.110.09
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.714.809.771.653.086.99
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%15%4%8%8%11%
Debt ratio Debt ratio =
Debt /
Total assets
0%1%2%5%5%7%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%265%161%88%100%119%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$1,488,185$1,998,145$314,721$562,876$799,159
Receivables, inventories, prepaids$373,393$116,017$88,721$12,218$8,257
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,861,578$2,114,162$403,442$575,094$807,416
Long-term investments$424,260$400,354$391,345$366,116$0
Fixed assets$4,478,207$1,495,065$1,329,640$1,069,505$871,056
Other long-term assets$168,990$161,074$149,989$159,802$4,974
Total long-term assets$5,071,457$2,056,493$1,870,974$1,595,423$876,030
Total assets$6,933,035$4,170,655$2,274,416$2,170,517$1,683,446
 
Liabilities20182017201620152014
Payables and accrued expenses$972,561$94,299$78,593$64,324$72,781
Other current liabilities$0$0$0$0$0
Total current liabilities$972,561$94,299$78,593$64,324$72,781
Debt$74,598$90,000$110,000$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$74,598$90,000$110,000$110,000$110,000
Total liabilities$1,047,159$184,299$188,593$174,324$182,781
 
Net assets20182017201620152014
Unrestricted$4,861,641$1,790,774$1,650,450$1,540,393$1,189,080
Temporarily restricted$855,245$2,034,508$285,384$295,998$306,611
Permanently restricted$168,990$161,074$149,989$159,802$4,974
Net assets$5,885,876$3,986,356$2,085,823$1,996,193$1,500,665
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$4,033,246$4,301,537$2,361,285$1,708,239$1,738,581
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$51,659$23,707$20,793$1,946$338
Other revenue$36,935$43,442$76,824$144,503$144,551
Total other revenue$88,594$67,149$97,617$146,449$144,889
Total revenue$4,121,840$4,368,686$2,458,902$1,854,688$1,883,470
 
Expenses20182017201620152014
Program services$1,604,268$1,927,642$1,836,705$1,468,060$900,267
Management and general$222,606$195,341$211,027$231,923$209,097
Fundraising$397,842$357,223$320,705$290,578$151,210
Total expenses$2,224,716$2,480,206$2,368,437$1,990,561$1,260,574
 
Change in net assets20182017201620152014
Surplus (deficit)$1,897,124$1,888,480$90,465($135,873)$622,896
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,897,124$1,888,480$90,465($135,873)$622,896

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