Visalia Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/22/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Founded in 1981, we are a faith-based, non-profit organization celebrating 35 years of service to Tulare and Kings County homeless, formerly incarcerated, and those struggling with addiction. We are funded entirely by donations from local organizations, businesses, and individuals.


Contact information

Mailing address:
Visalia Rescue Mission
PO Box 109
Visalia, CA 93279

Website: vrmhope.org

Phone: 559-740-4178

Email: hope@vymhope.org


Organization details

EIN: 942902666

CEO/President: Al Oliver

Chairman: John Anderson and Michael Allen

Board size: 13

Founder:

Year founded: 1983

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

As we ease the suffering of hurting individuals and help them achieve independence and self-sufficiency, we build up individuals and families in the community and as a result, the whole community benefits.


Mission statement

Partnering with Central California to serve the poor and those in need with the love and power of the gospel of Christ, so they may become God-dependent and contributing members of their community.


Statement of faith

1. We believe the Bible to be the inspired, infallible, ultimately authoritative word of God.

2. We believe in the Trinity. There is one God, eternally existing as Father, Son and Holy Spirit.

3. We believe that the Lord Jesus Christ is Deity, that He was born of a virgin, that we are redeemed by His atoning death through His shed blood, that He bodily resurrected and ascended into heaven, and that he will come again in power and great glory.

4. We believe that men and women are saved through a direct, personal encounter with the Risen Lord, at which time the Holy Spirit regenerates them.

5. We believe in the present ministry of the Holy Spirit, by whom Christ indwells each believer empowering him/her to live a Godly life of obedience as he/she reaches for maturity.

6. We believe the Holy Spirit unites all true believers in the Lord Jesus Christ and that together they form one body, the church.

Our creed is Christ...Our law is love.

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating65 of 94012 of 160
Fund acquisition rating382 of 94267 of 160
Resource allocation rating74 of 94214 of 160
Asset utilization rating84 of 94014 of 160

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%8%8%7%6%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%5%5%4%3%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%64%63%67%61%64%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%5%5%5%4%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%36%37%33%39%36%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%89%88%88%88%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%103%94%98%95%98%
Program output ratio Program output ratio =
Program services /
Total revenue
75%92%82%86%83%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%-3%6%2%5%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%-8%13%6%12%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%6%7%7%9%9%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.581.941.731.951.821.69
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.762.842.693.283.643.89
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.245.494.676.396.626.58
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.1451.6618.2414.778.097.95
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.020.050.070.120.13
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.452.142.431.751.591.59
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%16%14%18%20%32%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%43%50%42%44%40%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$475,601$406,167$454,114$138,026$439,113
Receivables, inventories, prepaids$1,021,704$1,253,651$788,238$942,872$601,942
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,497,305$1,659,818$1,242,352$1,080,898$1,041,055
Long-term investments$0$0$0$0$0
Fixed assets$2,667,650$2,723,401$2,759,375$2,779,168$2,942,897
Other long-term assets$81,011$81,823$77,577$74,784$68,712
Total long-term assets$2,748,661$2,805,224$2,836,952$2,853,952$3,011,609
Total assets$4,245,966$4,465,042$4,079,304$3,934,850$4,052,664
 
Liabilities20192018201720162015
Payables and accrued expenses$28,985$91,005$84,104$133,558$131,022
Other current liabilities$0$0$0$0$0
Total current liabilities$28,985$91,005$84,104$133,558$131,022
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$640,500$523,078$650,317$646,616$1,160,775
Total long-term liabilities$640,500$523,078$650,317$646,616$1,160,775
Total liabilities$669,485$614,083$734,421$780,174$1,291,797
 
Net assets20192018201720162015
Without donor restrictions$3,472,105$3,711,162$3,266,270$3,072,079$2,694,872
With donor restrictions$104,376$139,797$78,613$82,597$65,995
Net assets$3,576,481$3,850,959$3,344,883$3,154,676$2,760,867
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$5,075,196$5,208,319$5,448,438$4,596,509$4,489,091
Program service revenue$2,701,959$2,664,990$2,476,049$2,362,518$1,950,675
Membership dues$0$0$0$0$0
Investment income$1,299($756)($3,401)$142,259$239
Other revenue$173,061$380,146$203,381$447,634$554,249
Total other revenue$2,876,319$3,044,380$2,676,029$2,952,411$2,505,163
Total revenue$7,951,515$8,252,699$8,124,467$7,548,920$6,994,254
 
Expenses20192018201720162015
Program services$7,296,786$6,793,534$7,012,144$6,264,547$5,899,298
Management and general$507,964$551,104$558,465$628,052$609,726
Fundraising$421,243$401,985$363,651$262,512$343,083
Total expenses$8,225,993$7,746,623$7,934,260$7,155,111$6,852,107
 
Change in net assets20192018201720162015
Surplus (deficit)($274,478)$506,076$190,207$393,809$142,147
Other changes in net assets$0$0$0$0$0
Total change in net assets($274,478)$506,076$190,207$393,809$142,147

Compensation

Compensation data for this ministry has not been collected.


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 12/22/2020. To update the information below, please email: info@ministrywatch.com


History

The Mission was established in 1981 by a group of community members as an overnight shelter and soup kitchen for the homeless in Visalia. Today, it has become the county's largest privately-funded non-profit organization addressing the complicated issues of poverty, homelessness, and recovery.


Program accomplishments


Needs