Denver Rescue Mission 
The information on this page was last updated 4/25/2023. If you see errors or omissions, please email: [email protected]
Summary
We are committed to helping people who are experiencing homelessness and addiction in our city change their lives. Thanks to the support of friends like you, we meet their needs through emergency services, rehabilitation, transitional programs, and community outreach.
Contact information
Mailing address:
Denver Rescue Mission
PO Box 5206
Denver, CO 80217
Website: denverrescuemission.org
Phone: (303) 297-1815
Email: [email protected]
Organization details
EIN: 846038762
CEO/President: Brad Meuli
Chairman: Joseph Fortna
Board size: 10
Founder: Joshua Gravett
Ruling year: 1931
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 1991
Purpose
Denver Rescue Mission has been serving the most vulnerable in our community for more than 128 years. Our history is rooted in a love of Christ and a commitment to share that love with others.
At multiple locations throughout our community, we help restore the lives of people experiencing homelessness and addiction through emergency services, rehabilitation, transitional programs, and community outreach.
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.
We believe in:
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)
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 460 of 1106 | 55 of 140 |
| Fund acquisition rating | | 781 of 1107 | 104 of 140 |
| Resource allocation rating | | 363 of 1107 | 42 of 140 |
| Asset utilization rating | | 349 of 1106 | 40 of 140 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 17% | 15% | 11% | 13% | 13% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 14% | 12% | 10% | 12% | 13% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 93% | 79% | 77% | 86% | 93% | 96% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 14% | 14% | 11% | 13% | 13% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 7% | 21% | 23% | 14% | 7% | 4% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 83% | 83% | 85% | 83% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 90% | 99% | 86% | 86% | 88% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 71% | 82% | 71% | 73% | 74% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 10% | 1% | 14% | 14% | 12% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 1% | 13% | 17% | 12% | 1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 3% | 3% | 3% | 4% | 4% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 0.74 | 0.77 | 0.92 | 0.83 | 0.86 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.80 | 2.44 | 2.88 | 2.73 | 2.92 | 3.52 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 1.82 | 2.22 | 2.51 | 2.41 | 3.04 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.05 | 12.15 | 8.82 | 7.29 | 7.30 | 6.24 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.08 | 0.11 | 0.14 | 0.14 | 0.16 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.30 | 6.06 | 4.79 | 4.12 | 4.29 | 3.32 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 12% | 4% | 8% | 7% | 10% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 9% | 0% | 1% | 2% | 6% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 157% | 118% | 124% | 100% | 112% | 104% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $6,833,420 | $15,858,698 | $13,594,955 | $4,063,133 | $2,312,961 |
| Receivables, inventories, prepaids | $3,740,256 | $2,987,938 | $4,031,889 | $2,253,776 | $1,791,439 |
| Short-term investments | $16,551,437 | $2,111,249 | $2,365,505 | $9,127,942 | $7,624,035 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $27,125,113 | $20,957,885 | $19,992,349 | $15,444,851 | $11,728,435 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $38,958,331 | $39,290,515 | $34,475,936 | $29,505,955 | $29,318,992 |
| Other long-term assets | $107,152 | $109,204 | $124,048 | $152,842 | $204,390 |
| Total long-term assets | $39,065,483 | $39,399,719 | $34,599,984 | $29,658,797 | $29,523,382 |
| Total assets | $66,190,596 | $60,357,604 | $54,592,333 | $45,103,648 | $41,251,817 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $2,189,140 | $2,345,015 | $2,701,055 | $2,100,736 | $1,837,320 |
| Other current liabilities | $43,379 | $31,280 | $41,298 | $14,993 | $41,987 |
| Total current liabilities | $2,232,519 | $2,376,295 | $2,742,353 | $2,115,729 | $1,879,307 |
| Debt | $5,778,748 | $193,365 | $578,928 | $953,171 | $2,309,037 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $38,802 | $38,950 | $1,012,621 | $122,856 | $39,259 |
| Total long-term liabilities | $5,817,550 | $232,315 | $1,591,549 | $1,076,027 | $2,348,296 |
| Total liabilities | $8,050,069 | $2,608,610 | $4,333,902 | $3,191,756 | $4,227,603 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $56,851,132 | $56,230,736 | $49,825,448 | $41,324,389 | $35,352,135 |
| With donor restrictions | $1,289,395 | $1,518,258 | $432,983 | $587,503 | $1,672,079 |
| Net assets | $58,140,527 | $57,748,994 | $50,258,431 | $41,911,892 | $37,024,214 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $39,496,600 | $41,685,938 | $50,481,618 | $39,345,479 | $34,424,260 |
| Program service revenue | $10,137,515 | $9,401,655 | $8,390,121 | $2,647,516 | $1,868,321 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $396,865 | ($61,306) | ($106,576) | $129,540 | ($288,590) |
| Other revenue | ($11,366) | $3,039,974 | ($186,514) | $41,279 | $17,990 |
| Total other revenue | $10,523,014 | $12,380,323 | $8,097,031 | $2,818,335 | $1,597,721 |
| Total revenue | $50,019,614 | $54,066,261 | $58,578,649 | $42,163,814 | $36,021,981 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $40,833,230 | $38,549,480 | $42,895,822 | $31,037,272 | $29,549,412 |
| Management and general | $1,700,652 | $1,571,059 | $1,755,825 | $1,317,666 | $1,432,368 |
| Fundraising | $6,758,671 | $6,450,504 | $5,572,270 | $4,935,250 | $4,626,836 |
| Total expenses | $49,292,553 | $46,571,043 | $50,223,917 | $37,290,188 | $35,608,616 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $727,061 | $7,495,218 | $8,354,732 | $4,873,626 | $413,365 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $727,061 | $7,495,218 | $8,354,732 | $4,873,626 | $413,365 |
Compensation
| Name | Title | Compensation |
| Brad Meuli | President/CEO | $297,718 |
| Griff Freyschlag | VP Development | $180,766 |
| Sherri Heronema | VP of HR | $146,271 |
| Shirley Norman | Controller | $132,537 |
| John Morarie | VP Operations | $131,075 |
| Brad Jessen | Senior Dr Philanthropy | $118,272 |
| Chris Jorgensen | CFO | $46,104 |
Compensation data as of: 6/30/2023
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 4/25/2023. To update the information below, please email: [email protected]
History
Click here for a timeline: https://denverrescuemission.org/who-we-are/our-history/
Program accomplishments
1,015,731 meals provided
351,471 nights of shelter
80 new life program graduates
480 families moved into permanent housing
Needs
Your support changes the lives of men, women and children every day. Thank you for partnering with us to help people in need.