Denver Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/14/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

During the year, Denver Rescue Mission provides shelter, food, clothing, education, Christian teaching, and work discipline to meet individuals at their physical and spiritual points of need.


Contact information

Mailing address:
Denver Rescue Mission
PO Box 5206
Denver, CO 80217

Website: www.denverrescuemission.org

Phone: (303) 297-1815

Email: info@denrescue.org


Organization details

EIN: 846038762

CEO/President: Brad Meuli

Chairman: Joseph Fortna

Board size: 13

Founder: Joshua Gravett

Year founded: 1931

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1991


Purpose

Deeply rooted in our history is a love of Christ and a desire to share that love with others through critical services and life-changing programs.


Mission statement

Denver Rescue Mission is changing lives in the name of Christ by meeting people at their physical and spiritual points of need with the goal of returning them to society as productive, self-sufficient citizens.


Statement of faith

Denver Rescue Mission is a non-denominational Christian organization. We are committed to the following essential truths of biblical Christianity. The divine inspiration of the Bible and its importance as the only rule of faith and practice. (2 Timothy 3:16, 2 Peter 1:21, John 17:17) The unique Deity of our Lord and Savior, Jesus Christ. (John 1:1-3, Hebrews 1:1-8, Isaiah 7:14) Salvation by grace, through faith in our Lord and Savior, Jesus Christ. (Romans 3:24-26, Ephesians 2:8-9, Romans 5:1-2) The responsibility and duty of every believer to live a godly life in Jesus Christ and give the gospel to every creature. (Mark 16:15, Ephesians 2:10) The personal, visible and imminent return of our Lord and Savior, Jesus Christ. (Acts 1:10-11, John 14:3)

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating291 of 91359 of 160
Fund acquisition rating567 of 91598 of 160
Resource allocation rating312 of 91550 of 160
Asset utilization rating250 of 91354 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%13%13%15%15%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%12%13%13%14%15%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%93%96%90%95%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%13%13%14%15%16%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%7%4%10%5%6%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%83%83%81%80%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%88%99%93%98%97%
Program output ratio Program output ratio =
Program services /
Total revenue
76%74%82%75%79%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%12%1%7%2%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%12%1%6%2%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%4%4%5%5%4%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.830.860.800.820.82
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.762.923.523.714.334.76
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.262.413.042.983.553.89
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.197.306.246.643.725.64
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.140.160.150.270.18
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.454.293.323.422.472.54
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%7%10%11%15%14%
Debt ratio Debt ratio =
Debt /
Total assets
1%2%6%7%9%10%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%112%104%111%103%105%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$4,063,133$2,312,961$2,566,500$5,962,555$4,196,863
Receivables, inventories, prepaids$2,253,776$1,791,439$1,217,594$1,390,390$1,124,540
Short-term investments$9,127,942$7,624,035$7,262,419$2,004,931$2,990,000
Other current assets$0$0$0$0$0
Total current assets$15,444,851$11,728,435$11,046,513$9,357,876$8,311,403
Long-term investments$0$0$0$0$0
Fixed assets$29,505,955$29,318,992$29,729,261$30,895,169$30,953,957
Other long-term assets$152,842$204,390$212,194$291,649$299,880
Total long-term assets$29,658,797$29,523,382$29,941,455$31,186,818$31,253,837
Total assets$45,103,648$41,251,817$40,987,968$40,544,694$39,565,240
 
Liabilities20202019201820172016
Payables and accrued expenses$2,100,736$1,837,320$1,609,673$2,472,015$1,444,327
Other current liabilities$14,993$41,987$54,540$41,094$28,529
Total current liabilities$2,115,729$1,879,307$1,664,213$2,513,109$1,472,856
Debt$953,171$2,309,037$2,680,646$3,672,718$3,956,222
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$122,856$39,259$39,418$36,236$39,441
Total long-term liabilities$1,076,027$2,348,296$2,720,064$3,708,954$3,995,663
Total liabilities$3,191,756$4,227,603$4,384,277$6,222,063$5,468,519
 
Net assets20202019201820172016
Without donor restrictions$41,324,389$35,352,135$35,122,967$33,076,642$33,345,729
With donor restrictions$587,503$1,672,079$1,480,724$1,245,989$750,992
Net assets$41,911,892$37,024,214$36,603,691$34,322,631$34,096,721
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$39,345,479$34,424,260$31,585,740$32,135,180$31,358,331
Program service revenue$2,647,516$1,868,321$1,717,672$1,542,123$1,297,473
Membership dues$0$0$0$0$0
Investment income$129,540($288,590)$1,899,898$10,801$542,673
Other revenue$41,279$17,990$71,213$69,790$30,150
Total other revenue$2,818,335$1,597,721$3,688,783$1,622,714$1,870,296
Total revenue$42,163,814$36,021,981$35,274,523$33,757,894$33,228,627
 
Expenses20202019201820172016
Program services$31,037,272$29,549,412$26,588,674$26,680,904$25,907,612
Management and general$1,317,666$1,432,368$1,760,482$1,652,662$1,365,939
Fundraising$4,935,250$4,626,836$4,586,077$4,878,070$5,078,357
Total expenses$37,290,188$35,608,616$32,935,233$33,211,636$32,351,908
 
Change in net assets20202019201820172016
Surplus (deficit)$4,873,626$413,365$2,339,290$546,258$876,719
Other changes in net assets$0$0$0$0$0
Total change in net assets$4,873,626$413,365$2,339,290$546,258$876,719

Compensation

NameTitleCompensation
Brad MeuliPresident/CEO$241,980
Griff FreyschlagVP Development$153,486
Josh GeppeltVP of Programs$117,028
John MorarieVP Operations$108,450
Kevin MannCFO$19,352

Compensation data as of: 6/30/2020


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 12/14/2020. To update the information below, please email: info@ministrywatch.com


History

In 1892, Joshua Gravett opened a home for former prostitutes called "Market Street Mission," with a vision to see broken lives restored. Today, as Denver Rescue Mission, his vision is still the driving force behind all we do for homeless men, women and children. In 1988, the Mission acquired Mercy Farm in Wellington, Colorado, and renamed it Harvest Farm. In 1989, the Mission started its first computer-based Literacy and Education Center, an award-winning program providing men and women staying at the Mission with the opportunity to improve their academic skills and life skills. In 1991, Cowles Media donated a 37,000-square-foot building to become the Ministry Outreach Center, serving as the central warehouse for food, clothing and furniture. In 1998, our family outreach was founded by former Bronco, Mike Horan, and his wife, Kim, and ministered exclusively to homeless working families. Brad Meuli becomes President and Chief Executive Officer of the Mission in 2001. In 2005, the Mission purchased a 94,000-square-foot former hotel on Smith Road and named it The Crossing. After extensive renovation, this facility is now home to the New Life Program for men in Denver, the STAR transitional program for families in need and the New Life Post-Graduate program. In November 2005, the Family Services was developed to incorporate our three family and transitional programs: STAR Transitional Program: Provides affordable transitional program for up to 90 homeless families at The Crossing. Each family is matched with a case manager to guide them toward self-sufficiency. Family Rescue Ministry (FRM): Provides assistance for permanent housing and mentoring for homeless working families and disabled families to help them rebuild their lives. Family Refugee Services (FRS): Provides housing assistance and other services for refugee families as they transition to a new life in the United States. In November 2012, Denver Rescue Mission acquired Open Door Mission in Fort Collins, just 9 miles from Harvest Farm, and renamed it Fort Collins Rescue Mission (FCRM) to transform the lives of men and women. In 2012, a warehouse on Holly Street was purchased, providing 15,000 more square feet than the previous warehouse. The Mission also purchased Pilgrim's Rest Church to serve as a new site for the Administrative offices. In 2015, the Mission opened a safe, drug- and alcohol-free community center for people experiencing homelessness to go to during the day. The courtyard serves as a queuing area for men and women waiting to access various Mission services.


Program accomplishments


Needs