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 rating281 of 81758 of 150
Fund acquisition rating567 of 817100 of 150
Resource allocation rating228 of 81746 of 150
Asset utilization rating226 of 81748 of 150

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%13%15%15%16%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%13%13%14%15%14%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%96%90%95%94%90%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%13%14%15%16%15%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%4%10%5%6%10%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%83%81%80%80%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%99%93%98%97%92%
Program output ratio Program output ratio =
Program services /
Total revenue
76%82%75%79%78%74%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%1%7%2%3%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%1%6%2%3%8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%4%5%5%4%4%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.620.860.800.820.820.78
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.903.523.714.334.764.22
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.493.042.983.553.893.30
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.926.246.643.725.644.51
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.160.150.270.180.22
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.133.323.422.472.542.83
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%10%11%15%14%14%
Debt ratio Debt ratio =
Debt /
Total assets
0%6%7%9%10%9%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%104%111%103%105%109%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$2,312,961$2,566,500$5,962,555$4,196,863$4,710,869
Receivables, inventories, prepaids$1,791,439$1,217,594$1,390,390$1,124,540$1,750,889
Short-term investments$7,624,035$7,262,419$2,004,931$2,990,000$2,728,751
Other current assets$0$0$0$0$0
Total current assets$11,728,435$11,046,513$9,357,876$8,311,403$9,190,509
Long-term investments$0$0$0$0$0
Fixed assets$29,318,992$29,729,261$30,895,169$30,953,957$29,320,895
Other long-term assets$204,390$212,194$291,649$299,880$308,313
Total long-term assets$29,523,382$29,941,455$31,186,818$31,253,837$29,629,208
Total assets$41,251,817$40,987,968$40,544,694$39,565,240$38,819,717
 
Liabilities20192018201720162015
Payables and accrued expenses$1,837,320$1,609,673$2,472,015$1,444,327$1,996,270
Other current liabilities$41,987$54,540$41,094$28,529$40,307
Total current liabilities$1,879,307$1,664,213$2,513,109$1,472,856$2,036,577
Debt$2,309,037$2,680,646$3,672,718$3,956,222$3,498,751
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$39,259$39,418$36,236$39,441$64,225
Total long-term liabilities$2,348,296$2,720,064$3,708,954$3,995,663$3,562,976
Total liabilities$4,227,603$4,384,277$6,222,063$5,468,519$5,599,553
 
Net assets20192018201720162015
Unrestricted$35,352,135$35,122,967$33,076,642$33,345,729$30,322,281
Temporarily restricted$0$1,480,724$1,245,989$750,992$2,897,883
Permanently restricted$1,672,079$0$0$0$0
Net assets$37,024,214$36,603,691$34,322,631$34,096,721$33,220,164
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$34,424,260$31,585,740$32,135,180$31,358,331$29,695,363
Program service revenue$1,868,321$1,717,672$1,542,123$1,297,473$1,212,314
Membership dues$0$0$0$0$0
Investment income($288,590)$1,899,898$10,801$542,673$2,002,550
Other revenue$17,990$71,213$69,790$30,150$26,631
Total other revenue$1,597,721$3,688,783$1,622,714$1,870,296$3,241,495
Total revenue$36,021,981$35,274,523$33,757,894$33,228,627$32,936,858
 
Expenses20192018201720162015
Program services$29,549,412$26,588,674$26,680,904$25,907,612$24,391,528
Management and general$1,432,368$1,760,482$1,652,662$1,365,939$1,296,718
Fundraising$4,626,836$4,586,077$4,878,070$5,078,357$4,670,809
Total expenses$35,608,616$32,935,233$33,211,636$32,351,908$30,359,055
 
Change in net assets20192018201720162015
Surplus (deficit)$413,365$2,339,290$546,258$876,719$2,577,803
Other changes in net assets$0$0$0$0$0
Total change in net assets$413,365$2,339,290$546,258$876,719$2,577,803

Compensation

NameTitleCompensation
Brad MeuliPresident/CEO$226,886
David SchunkCFO (Part Year)$152,481
Griff FreyschlagVP Development$150,337
Hugh BurnsVP Operations (Part Year)$128,661
Josh GeppeltVP of Programs$108,213
John MorarieVP Operations$92,333
Robert EmeottVP of Finance & Admin. (Part Year)$17,424

Compensation data as of: 6/30/2019


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