Phoenix 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

Founded in 1952, Phoenix Rescue Mission provides food, shelter, chapel, and recovery services to homeless men, women, and children and the working poor.


Contact information

Mailing address:
Phoenix Rescue Mission
PO Box 6708
Phoenix, AZ 85005-6708

Website: phoenixrescuemission.org

Phone: (602) 346-3336

Email: prm@phoenixrescuemission.org


Organization details

EIN: 866057771

CEO/President: Ken Brissa

Chairman: Jim Watkins

Board size: 12

Founder: LeRoy and Grace Davidson, Jimmy Carr

Year founded: 1960

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2002


Purpose

Transformed lives transforming our city.


Mission statement

A leading provider of Christ-centered, life-transforming solutions to persons facing hunger, homelessness, addiction, and trauma.


Statement of faith

Those individuals associated with carrying out the purpose of Phoenix Rescue Mission shall follow these Scripture principles, to best align with our Mission, Vision and Values:

We believe God is Love:

To know true love is to know Jesus Christ. His love promises to heal and not to harm. His love offers hope and light in darkness. His love is perfect. The demonstration of His love is revealed through His word, His deity and His son, our Lord Jesus Christ. We believe the Bible to be the inspired, infallible, ultimately authoritative Word of God. (2 Timothy 3:16) We believe there is one God, eternally existing as Father, Son, and Holy Spirit. (1 Peter 1:2) We believe in the deity of our Lord Jesus Christ, He was born of a virgin. (Matthew 1:23)

We believe in God's Grace:

All humanity came into the world as lost sinners needing salvation. Grace, the undeserved love of God, did what no man could and reconciled mankind back to God. This kind gift presented to humanity the opportunity for eternal life through Jesus Christ. We believe man is redeemed by Jesus' atoning death through His shed blood. (Revelation 5:9) We believe Jesus was bodily resurrected and ascended into heaven, and that He will come again in power and great glory. (1 Thessalonians 4:17) We believe individuals are saved through a direct, personal encounter with the risen Lord, at which time the Holy Spirit regenerates them. (Ephesians 2:8-9) We believe the present ministry of the Holy Spirit, by whom Christ indwells each believer, enabling him or her to live a godly life of obedience as he or she reaches for maturity. (Acts 2:1-4)

We believe God Restores:

Unconditional forgiveness is offered to all who choose to accept Jesus Christ as their personal savior. His forgiveness is enveloped with restoration. He restores the brokenness of man by offering peace and joy as a suitable replacement. A spiritual heart transformation is the end result. We believe every person is to be given compassion, love, kindness, respect, and dignity. (Mark 12:28-31; Luke 6:31) We believe the Holy Spirit unites all believers in the Lord Jesus Christ and that together they form one body, one church. (Philippians 2:2) We believe God offers redemption and restoration to all who confess and forsake their sin, seeking His mercy and forgiveness through Jesus Christ. (Acts 3:19-21; Romans 10:9-10; 1 Corinthians 6:9-11)

We believe God Transforms:

The gift of being transformed into the image of Jesus Christ is given to all humanity. Although we will never be perfect in our earthly bodies, we can be presented faultless before the Father by living a lifestyle which strives to reflect Jesus Christ in every area. We believe we are instruments of God's love on the earth and we are to deliberately seek to love our neighbor. (Matthew 22:36-40) We believe in the gift of Christ's forgiveness, which we are to reciprocate in our forgiveness of others. (Luke 23:34) We believe is striving to live holy, blameless lives before God by seeking the mind of Christ daily. (Romans 12:1-2)

We believe in the Sanctity of Marriage:

The ministry of marriage is the divine institution of man and woman sharing a life together in holy matrimony. The beauty of marriage, in the uniting of two hearts, illustrates Christ's intentionality of being married to the church. We believe God wonderfully and immutably creates each person as male or female. These two distinct, complementary genders together reflect the image and nature of God. (Genesis 1:26-27) We believe the term "marriage" has only one meaning: the uniting of one man and one woman in a single, exclusive union, as delineated in Scripture. (Genesis 2:18-25) We believe God intends sexual intimacy to occur only between a man and a woman who are married to each other. (1 Corinthians 6:18; 7:2-5; Hebrews 13:4)

Final Authority for Matters of Belief and Conduct

The Statement of Faith does not exhaust the extent of our beliefs. The Bible itself, as the inspired and infallible Word of God that speaks with final authority concerning truth, morality, and the proper conduct of mankind, is the sole and final source of all that we believe. For purposes of Phoenix Rescue Mission's faith, doctrine, practice, policy, and discipline, our Board of Directors is Phoenix Rescue Mission's final interpretive authority on the Bible's meaning and application.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating660 of 940119 of 160
Fund acquisition rating679 of 942121 of 160
Resource allocation rating634 of 942107 of 160
Asset utilization rating395 of 94080 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%14%19%18%22%23%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%14%18%18%21%22%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%97%97%97%96%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%18%20%20%23%24%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%3%3%3%4%3%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%76%75%75%71%71%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%78%93%87%90%92%
Program output ratio Program output ratio =
Program services /
Total revenue
75%59%69%65%64%65%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%22%7%13%10%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%22%7%12%9%7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%6%5%5%6%5%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.580.580.720.650.610.61
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.761.942.802.712.773.34
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.241.122.031.751.682.04
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.147.1114.9112.1817.7714.14
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.140.070.080.060.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.459.185.536.286.745.47
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%26%18%20%21%23%
Debt ratio Debt ratio =
Debt /
Total assets
1%10%14%16%18%21%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%129%114%124%130%126%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$14,779,163$6,485,193$6,785,732$6,961,082$5,187,751
Receivables, inventories, prepaids$1,692,864$1,101,912$859,420$231,280$349,339
Short-term investments$2,401,959$1,683,739$1,491,571$872,254$588,749
Other current assets$0$0$0$0$0
Total current assets$18,873,986$9,270,844$9,136,723$8,064,616$6,125,839
Long-term investments$932,672$2,230,243$224,553$219,273$0
Fixed assets$16,821,586$14,348,477$15,333,662$13,978,906$14,258,642
Other long-term assets$18,829$132,251$108,183$80,720$63,062
Total long-term assets$17,773,087$16,710,971$15,666,398$14,278,899$14,321,704
Total assets$36,647,073$25,981,815$24,803,121$22,343,515$20,447,543
 
Liabilities20202019201820172016
Payables and accrued expenses$2,640,735$603,066$749,991$453,747$433,267
Other current liabilities$14,351$18,883$0$0$0
Total current liabilities$2,655,086$621,949$749,991$453,747$433,267
Debt$3,562,756$3,765,938$3,923,757$4,096,967$4,215,849
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$3,128,881$235,694$231,848$215,631$94,362
Total long-term liabilities$6,691,637$4,001,632$4,155,605$4,312,598$4,310,211
Total liabilities$9,346,723$4,623,581$4,905,596$4,766,345$4,743,478
 
Net assets20202019201820172016
Without donor restrictions$21,530,753$19,557,959$19,619,313$17,310,275$15,612,997
With donor restrictions$5,769,597$1,800,275$278,212$266,895$91,068
Net assets$27,300,350$21,358,234$19,897,525$17,577,170$15,704,065
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$26,238,523$19,524,096$17,704,727$14,528,096$13,168,853
Program service revenue$650,969$534,486$456,388$464,309$391,231
Membership dues$0$0$0$0$0
Investment income$169,161$58,230$102,468$55,947$6,609
Other revenue$121,006$114,075$59,611$62,570$15,954
Total other revenue$941,136$706,791$618,467$582,826$413,794
Total revenue$27,179,659$20,230,887$18,323,194$15,110,922$13,582,647
 
Expenses20202019201820172016
Program services$16,084,284$14,057,909$11,942,304$9,597,839$8,879,595
Management and general$1,317,707$1,012,026$830,526$812,498$597,893
Fundraising$3,795,902$3,705,969$3,244,775$3,144,568$3,015,123
Total expenses$21,197,893$18,775,904$16,017,605$13,554,905$12,492,611
 
Change in net assets20202019201820172016
Surplus (deficit)$5,981,766$1,454,983$2,305,589$1,556,017$1,090,036
Other changes in net assets$0$0$0$0$0
Total change in net assets$5,981,766$1,454,983$2,305,589$1,556,017$1,090,036

Compensation

NameTitleCompensation
Jay A CoryPresident & CEO (thru 1/31/20)$252,036
Nicole PenaChief Development Officer$114,570
Richard SkufzaCFO (thru 2/7/20)$113,579

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


History

The Phoenix Rescue Mission had very humble beginnings. In 1952, LeRoy Davidson, a 28-year-old Phoenix house painter, attended a service where he talked with Jimmy Carr from California about the need for a Christian mission in Phoenix. Jimmy, LeRoy, and LeRoy's wife, Grace, felt that the Lord had laid it on their hearts to save the souls of the men struggling on the streets of Phoenix.

The first evening of operation, a simple meal was prepared to be served after the gospel was shared. The Davidsons' eight-year-old son, Stanley, helped his mother make plain sandwiches of bread and bologna to be served with Kool-Aid. About 15 migrant workers and vagrants attended, sitting on wooden planks supported by paint cans. Grace named their new venture the Phoenix Gospel Mission.

The Mission grew so quickly that it had to move twice within two years. In 1954, six local businessmen incorporated the Phoenix Gospel Mission at a location on South 3rd Street, on the current location of Chase Field.


Program accomplishments


Needs