Good News Rescue Mission

Summary

The Good News Rescue Mission offers a hand up and the opportunity for New Life in Christ to thousands of men, women and children in our community. Religious non-profit providing emergency services (shelter, meals, clothing) and supportive services (addictions recovery, adult basic education, referral services, job readiness, financial management, etc).


Contact information

Mailing address:
Good News Rescue Mission
2842 S. Market St
Redding, CA 96001

Website: gnrm.org

Phone: 530-242-5920

Email: info@gnrm.org


Organization details

EIN: 941652602

CEO/President: Jonathan Anderson

Chairman: Robert Cronic

Board size: 12

Founder:

Year founded: 1968

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: No

Member of ECFA since:


Purpose

At the Good News Rescue Mission, we believe everyone deserves a second chance and that no one is beyond grace. We make a difference in our community when we come together to share God's love with our neighbors. Whether it's through a hot meal, safe shelter, recovery programs or job-training, your support makes a difference to our neighbors experiencing homelessness and poverty. Jesus showed His love by serving others, and that's what we try to do, too.


Mission statement

The purpose of the Good News Rescue Mission is to bring Good News to the poor, homeless, or needy of Shasta County by: Sharing the love of God exemplified by the life and ministry of Jesus Christ. Providing emergency subsistence services (food, shelter, and clothing). Providing long-term recovery services. Educating and equipping the people of Shasta County to effectively minister to needy people.


Statement of faith

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating538 of 66081 of 91
Fund acquisition rating542 of 66276 of 91
Resource allocation rating501 of 66269 of 91
Asset utilization rating334 of 66057 of 91

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%17%18%18%18%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%17%17%17%18%15%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
90%99%95%99%97%93%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%16%17%19%19%15%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
10%1%5%1%3%7%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%74%75%72%71%73%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%105%104%94%95%96%
Program output ratio Program output ratio =
Program services /
Total revenue
78%78%78%67%67%70%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%-5%-4%6%5%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%-4%-4%5%4%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%9%8%10%11%12%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.570.540.520.510.500.49
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
4.216.095.425.795.592.79
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.493.292.842.982.791.36
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.989.8819.809.0614.3541.70
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.100.050.110.070.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.213.284.023.593.998.59
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%38%36%36%37%38%
Debt ratio Debt ratio =
Debt /
Total assets
1%36%35%34%35%36%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
147%115%122%124%126%128%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$995,127$1,172,264$1,140,806$1,146,147$2,369,925
Receivables, inventories, prepaids$158,808$148,314$141,405$119,141$91,141
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,153,935$1,320,578$1,282,211$1,265,288$2,461,066
Long-term investments$0$0$0$0$0
Fixed assets$5,747,966$5,711,521$6,008,572$5,680,049$4,394,137
Other long-term assets$129,000$129,000$129,000$129,000$0
Total long-term assets$5,876,966$5,840,521$6,137,572$5,809,049$4,394,137
Total assets$7,030,901$7,161,099$7,419,783$7,074,337$6,855,203
 
Liabilities20192018201720162015
Payables and accrued expenses$86,807$66,687$141,484$88,176$59,020
Other current liabilities$30,000$0$0$0$0
Total current liabilities$116,807$66,687$141,484$88,176$59,020
Debt$2,500,000$2,500,000$2,530,798$2,500,000$2,500,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$40,924$37,550$30,023$20,859$14,530
Total long-term liabilities$2,540,924$2,537,550$2,560,821$2,520,859$2,514,530
Total liabilities$2,657,731$2,604,237$2,702,305$2,609,035$2,573,550
 
Net assets20192018201720162015
Unrestricted$4,309,439$4,497,925$4,476,078$4,295,710$4,120,562
Temporarily restricted$63,731$58,937$241,400$169,592$161,091
Permanently restricted$0$0$0$0$0
Net assets$4,373,170$4,556,862$4,717,478$4,465,302$4,281,653
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$3,578,266$3,411,450$4,025,561$3,601,565$3,274,033
Program service revenue$12,263$11,826$11,107$14,425$11,865
Membership dues$0$0$0$0$0
Investment income$15,581$12,065$9,827$6,435$1,134
Other revenue$6,064$150,966$22,830$97,476$223,401
Total other revenue$33,908$174,857$43,764$118,336$236,400
Total revenue$3,612,174$3,586,307$4,069,325$3,719,901$3,510,433
 
Expenses20192018201720162015
Program services$2,827,240$2,811,538$2,739,158$2,495,397$2,454,813
Management and general$342,680$313,667$368,634$378,459$390,177
Fundraising$625,946$621,718$709,357$662,396$511,352
Total expenses$3,795,866$3,746,923$3,817,149$3,536,252$3,356,342
 
Change in net assets20192018201720162015
Surplus (deficit)($183,692)($160,616)$252,176$183,649$154,091
Other changes in net assets$0$0$0$0$0
Total change in net assets($183,692)($160,616)$252,176$183,649$154,091

Response from ministry

No response has been provided by this ministry.


History

Founded in 1964 by a group of concerned Christians, the Good News Rescue Mission has since offered a hand up out of emotional, physical and spiritual poverty to thousands. What started as a 3 bedroom shelter for men has grown into a 389-bed facility offering various services to men, women and children in need. All free of charge. Our heart for Shasta County continues to expand along with our services.


Program accomplishments


Needs