Redwood Gospel Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/21/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

In the grace and power of Jesus Christ, thousands of people in Sonoma County have poured themselves out for the hungry and afflicted through the ministry of the Redwood Gospel Mission. And because of their efforts, a light has shown in the darkness. It is a light which is much more than the landmark neon "Jesus Saves" sign that has lighted up the corner or 6th and Wilson for the last 5 decades. It is a light brought about by the transformed lives which have resulted from the ministries of all those who have poured themselves out. Beginning as a 14 bed shelter in 1963, the Mission now mobilizes the community to minister to the needy through a variety of homeless services, recovery programs, vocational training, jail ministries, outreach events, and thrift store.


Contact information

Mailing address:
Redwood Gospel Mission
PO Box 493
Santa Rosa, CA 95402

Website: srmission.org

Phone: 707-578-1830

Email: srmission.org


Organization details

EIN: 946122045

CEO/President: Jeff Gilman

Chairman: Kevin P. O'Malley

Board size: 9

Founder:

Year founded: 1965

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1997


Purpose

We envision a time when all gospel-centered churches in the North Bay area will have an effective, measurable, transformational ministry to the needy in partnership with the Redwood Gospel Mission.

Redwood represents the geographical area of our service community, the "Redwood Empire." We serve all of Sonoma County; also reaching out to the surrounding counties which have no Rescue Ministries.

Gospel is from the Latin word for good news. It is our desire to bring the good news of Christ's salvation to everyone we serve and to bring the good news of hope for an improved life through the various services we provide.

Mission is not intended to imply simply a building. We define "Mission" as a purpose or aim. It is our objective or Mission, that lives would be transformed through mobilizing and equipping people in this community to minister to the needy, thus fulfilling the Gospel imperative "For in as much as ye did it unto one of the least of these my brethren, ye did it unto Me."


Mission statement

The Redwood Gospel Mission, in the grace and power of Jesus Christ, mobilizes our community to minister to the needy so that lives are transformed.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating204 of 94040 of 160
Fund acquisition rating556 of 94295 of 160
Resource allocation rating303 of 94252 of 160
Asset utilization rating98 of 94017 of 160

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%12%12%12%9%12%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%11%12%11%9%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%94%95%93%95%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%12%13%12%10%11%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%6%5%7%5%3%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%83%82%82%83%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%93%89%95%92%100%
Program output ratio Program output ratio =
Program services /
Total revenue
75%77%73%78%77%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%7%11%5%8%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%18%30%16%31%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%5%5%6%7%6%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.581.010.980.950.960.85
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.767.526.3211.748.4421.37
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.247.586.1811.198.0918.14
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.143.483.532.152.720.90
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.290.280.460.371.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.451.131.390.570.94-0.07
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%55%61%69%74%83%
Debt ratio Debt ratio =
Debt /
Total assets
1%52%56%65%70%78%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%44%40%32%27%20%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$595,757$692,635$301,639$466,444$105,484
Receivables, inventories, prepaids$151,203$141,419$96,871$92,136$129,257
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$746,960$834,054$398,510$558,580$234,741
Long-term investments$0$0$0$0$0
Fixed assets$4,474,864$4,389,018$4,239,415$4,123,317$4,650,727
Other long-term assets$396,842$45,704$38,692$30,516$129,861
Total long-term assets$4,871,706$4,434,722$4,278,107$4,153,833$4,780,588
Total assets$5,618,666$5,268,776$4,676,617$4,712,413$5,015,329
 
Liabilities20192018201720162015
Payables and accrued expenses$214,778$236,159$185,133$205,638$260,256
Other current liabilities$0$0$0$0$0
Total current liabilities$214,778$236,159$185,133$205,638$260,256
Debt$2,898,796$2,976,797$3,048,422$3,300,072$3,917,279
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1$0$0$1$0
Total long-term liabilities$2,898,797$2,976,797$3,048,422$3,300,073$3,917,279
Total liabilities$3,113,575$3,212,956$3,233,555$3,505,711$4,177,535
 
Net assets20192018201720162015
Without donor restrictions$2,126,441$1,660,478$1,441,937$1,121,956$749,961
With donor restrictions$378,650$395,342$1,125$84,746$87,833
Net assets$2,505,091$2,055,820$1,443,062$1,206,702$837,794
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$5,768,478$5,483,021$4,389,607$4,667,934$4,138,045
Program service revenue$77,142$5,800$16,105$63,682$72,785
Membership dues$0$0$0$0$0
Investment income$4,262($271)$763$156,246($524)
Other revenue$262,287$275,793$291,018$2,542$42,908
Total other revenue$343,691$281,322$307,886$222,470$115,169
Total revenue$6,112,169$5,764,343$4,697,493$4,890,404$4,253,214
 
Expenses20192018201720162015
Program services$4,695,373$4,210,608$3,660,374$3,757,678$3,532,703
Management and general$287,759$275,340$262,129$322,105$244,808
Fundraising$679,766$665,637$538,630$441,714$479,611
Total expenses$5,662,898$5,151,585$4,461,133$4,521,497$4,257,122
 
Change in net assets20192018201720162015
Surplus (deficit)$449,271$612,758$236,360$368,907($3,908)
Other changes in net assets$0$0$0$0$0
Total change in net assets$449,271$612,758$236,360$368,907($3,908)

Compensation

NameTitleCompensation
Jeff GilmanExecutive Dir.$114,333

Compensation data as of: 9/30/2019


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 12/21/2020. To update the information below, please email: info@ministrywatch.com


History


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