Montana Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/16/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

The Montana Rescue Mission has been serving the homeless in Billings, MT, Yellowstone County for more than 60 years, providing food, shelter, and clothing to hundreds of men, women and children every day. This care is provided through our two shelters. We also provide life transformation through our rehabilitative services


Contact information

Mailing address:
Montana Rescue Mission
2902 Minnesota Avenue
Billings, MT 59101

Website: montanarescuemission.org

Phone: 406-259-3800

Email: proberts@montanarescuemission.org


Organization details

EIN: 816013963

CEO/President: Matthew Lundgren

Chairman: Josh Charette and Cory Bruce

Board size: 13

Founder:

Year founded: 1957

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Our core values are to treat all people with dignity, compassion, and respect. Our programs and services are designed to help end the cyclical nature of homelessness. We are addressing causes, such as addictions, generational poverty, lack of education, poor budgeting skills, diminished mental or physical capacity, and others as well as serving those who are struggling to overcome these barriers one person at a time.


Mission statement

To reflect the love of Jesus Christ, by providing emergency, temporary, and rehabilitative care for those experiencing hunger and homelessness.


Statement of faith

We believe in the Scripture of the Old and New Testament as verbally inspired of God, and inerrant in the original writings, and that they are of supreme and final authority in faith and life.

We believe in one God, eternally existing in three persons; the Father, Son and Holy Spirit.

We believe that Jesus Christ was begotten by the Holy Spirit, born of the virgin Mary, and is true God and true Man.

We believe that man was created in the image of God; that he sinned and thereby incurred not only physical death, but also spiritual death, which is separation from God.

We believe that all human beings are born with a sinful nature, and in the case of those who have reached the age of moral responsibility, become sinners in thought, word and deed.

We believe that the Lord Jesus Christ died for our sins according to the Scriptures, as a representative and substitutionary sacrifice; and that all who believe in Him are truly justified on the ground of His shed blood.

We believe in the resurrection of the crucified body of our Lord, in His ascension into Heaven, and His present life there for us, as High Priest and Advocate.

We believe in "that blessed hope", the personal and imminent return of our Lord and Savior, Jesus Christ.

We believe that all those who receive, by faith, the Lord Jesus Christ are born again of the Holy Spirit and thereby become children of God.

Lastly, we believe in the bodily resurrection of the just and the unjust; everlasting blessedness of the saved, and everlasting, conscious punishment of the lost.

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating736 of 913133 of 160
Fund acquisition rating644 of 915118 of 160
Resource allocation rating834 of 915145 of 160
Asset utilization rating413 of 91387 of 160

Financial ratios

Funding ratiosSector median20202019201820152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%16%27%23%20%25%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%11%16%14%9%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%71%60%60%45%45%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%15%18%14%9%11%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%29%40%40%55%55%
 
Operating ratiosSector median20202019201820152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%63%77%83%77%76%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%74%89%98%105%101%
Program output ratio Program output ratio =
Program services /
Total revenue
76%47%68%81%80%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%26%11%2%-5%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%20%8%2%-4%-1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%22%5%3%15%12%
 
Investing ratiosSector median20202019201820152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.520.650.940.870.83
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.761.501.551.632.392.39
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.260.771.001.532.071.99
 
Liquidity ratiosSector median20202019201820152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1927.6543.139.395.006.58
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.040.020.110.200.15
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.4514.9511.717.004.635.12
 
Solvency ratiosSector median20202019201820152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%9%6%12%14%11%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%4%4%4%4%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%177%145%94%100%107%

Financials

Balance sheet
 
Assets20202019201820152014
Cash$1,424,026$663,325$258,676$342,758$345,333
Receivables, inventories, prepaids$0$12,497$0$0$0
Short-term investments$2,071,165$1,952,902$2,214,586$1,575,260$1,680,558
Other current assets$0$0$0$0$0
Total current assets$3,495,191$2,628,724$2,473,262$1,918,018$2,025,891
Long-term investments$0$0$0$0$0
Fixed assets$1,639,564$1,327,568$1,360,321$1,636,880$1,734,099
Other long-term assets$98,725$109,022$205,237$1,026,640$1,089,050
Total long-term assets$1,738,289$1,436,590$1,565,558$2,663,520$2,823,149
Total assets$5,233,480$4,065,314$4,038,820$4,581,538$4,849,040
 
Liabilities20202019201820152014
Payables and accrued expenses$126,389$60,949$263,300$383,976$307,780
Other current liabilities$0$0$0$0$0
Total current liabilities$126,389$60,949$263,300$383,976$307,780
Debt$20,845$150,000$151,530$187,243$198,727
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$313,175$37,636$60,170$49,245$46,761
Total long-term liabilities$334,020$187,636$211,700$236,488$245,488
Total liabilities$460,409$248,585$475,000$620,464$553,268
 
Net assets20202019201820152014
Without donor restrictions$3,040,363$1,925,905$1,708,595$2,273,819$2,565,275
With donor restrictions$1,732,708$1,890,824$1,855,225$1,687,255$1,730,497
Net assets$4,773,071$3,816,729$3,563,820$3,961,074$4,295,772
 
Revenues and expenses
 
Revenue20202019201820152014
Total contributions$2,568,176$1,759,062$2,313,835$1,724,997$1,800,871
Program service revenue$0$0$63,380$80,030$85,368
Membership dues$0$0$0$0$0
Investment income$111,021$143,885$102,272$126,683$68,025
Other revenue$962,134$1,042,611$1,383,826$1,870,064$2,018,562
Total other revenue$1,073,155$1,186,496$1,549,478$2,076,777$2,171,955
Total revenue$3,641,331$2,945,558$3,863,313$3,801,774$3,972,826
 
Expenses20202019201820152014
Program services$1,699,532$2,015,983$3,133,754$3,048,988$3,080,211
Management and general$589,660$143,341$122,301$584,972$498,140
Fundraising$414,516$471,040$532,381$339,193$448,496
Total expenses$2,703,708$2,630,364$3,788,436$3,973,153$4,026,847
 
Change in net assets20202019201820152014
Surplus (deficit)$937,623$315,194$74,877($171,379)($54,021)
Other changes in net assets$0$0$0$0$0
Total change in net assets$937,623$315,194$74,877($171,379)($54,021)

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 12/16/2020. To update the information below, please email: info@ministrywatch.com


History

In response to God's prompting and through the vision of a group of Christian men, Montana Rescue Mission (MRM) was opened in the late 1940's as a beacon of hope for the homeless in our area. While the size and complexity of MRM has grown over the last 60 years, at its heart is the love and compassion of God demonstrated through service to others. We are the Gospel lived out!


Program accomplishments


Needs