Shreveport-Bossier Rescue Mission

The information on this page was last updated 12/20/2023. If you see errors or omissions, please email: [email protected]


Summary

At the Shreveport-Bossier Rescue Mission, we are changing our cities one life at a time starting with the homeless men, women and children in our care. At the Mission, we are more than a shelter. The Mission provides a full-scale Life Recovery Program that not only meets a person's basic needs but also provides them with the tools needed for a complete life transformation.


Contact information

Mailing address:
Shreveport-Bossier Rescue Mission
901 McNeil Street
PO Box 3949
Shreveport, LA 71101-3949

Website: sbrescuemission.com

Phone: 318-227-2868

Email: [email protected]


Organization details

EIN: 237050551

CEO/President: Pastor Larry Otwell

Chairman: Pastor Chris Willcutt

Board size: 10

Founder: Rev. R.G. Jones

Ruling year: 1969

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Pursuing the passion of Jesus Christ to lift up the hungry, homeless, abused, and addicted is what the Shreveport-Bossier Rescue Mission is all about. We are on a mission to change our cities one life at a time. This is accomplished only by a caring community that supports the work of our Life Recovery Program. Together, we are provide homeless individuals with permanent solutions to ending homelessness and poverty with a complete recovery of body, mind, and spirit.


Mission statement

Shreveport-Bossier Rescue Mission exists to pursue the passion of Jesus Christ to lift up the hungry, homeless, abused, and addicted.


Statement of faith

Donor confidence score

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Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating1050 of 1104135 of 140
Fund acquisition rating961 of 1105134 of 140
Resource allocation rating1092 of 1105139 of 140
Asset utilization rating721 of 110498 of 140

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%24%20%17%19%22%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%21%18%14%16%17%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%88%92%80%82%75%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%23%22%20%18%18%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%12%8%20%18%25%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%55%43%44%48%48%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%94%85%70%88%92%
Program output ratio Program output ratio =
Program services /
Total revenue
70%51%37%31%42%44%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%6%15%30%12%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%2%6%13%5%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%22%35%36%34%34%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.320.290.280.320.33
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.711.891.962.022.532.75
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.680.600.570.560.810.92
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.910.00290.44278.5182.9283.67
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.000.000.000.010.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.4619.9621.0721.3714.6412.89
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%9%11%12%16%18%
Debt ratio Debt ratio =
Debt /
Total assets
1%9%10%12%15%17%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
160%287%307%317%263%246%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$542,432$466,624$1,613,627$1,137,216$920,370
Receivables, inventories, prepaids$4,800$33,396$26,038$12,074$0
Short-term investments$2,988,159$2,898,167$1,623,629$1,138,008$1,125,398
Other current assets$0$0$0$0$0
Total current assets$3,535,391$3,398,187$3,263,294$2,287,298$2,045,768
Long-term investments$0$0$0$0$0
Fixed assets$3,155,608$3,238,156$3,307,228$3,498,817$3,586,391
Other long-term assets$0$23,301$23,301$0$0
Total long-term assets$3,155,608$3,261,457$3,330,529$3,498,817$3,586,391
Total assets$6,690,999$6,659,644$6,593,823$5,786,115$5,632,159
 
Liabilities20232022202120202019
Payables and accrued expenses$0$11,700$11,717$27,586$24,450
Other current liabilities$0$0$0$0$0
Total current liabilities$0$11,700$11,717$27,586$24,450
Debt$597,178$695,567$777,874$883,896$984,255
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$23,301$23,301$0$0
Total long-term liabilities$597,178$718,868$801,175$883,896$984,255
Total liabilities$597,178$730,568$812,892$911,482$1,008,705
 
Net assets20232022202120202019
Without donor restrictions$6,093,821$5,929,076$5,780,931$4,874,633$4,573,454
With donor restrictions$0$0$0$0$50,000
Net assets$6,093,821$5,929,076$5,780,931$4,874,633$4,623,454
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$2,002,684$2,076,530$2,069,976$1,733,032$1,539,543
Program service revenue$107,053$107,698$133,172$155,666$164,672
Membership dues$0$0$0$0$0
Investment income$72,670$40,487$187,488$32,714$53,379
Other revenue$91,113$39,081$207,120$191,819$282,356
Total other revenue$270,836$187,266$527,780$380,199$500,407
Total revenue$2,273,520$2,263,796$2,597,756$2,113,231$2,039,950
 
Expenses20232022202120202019
Program services$1,170,451$828,300$810,983$881,515$899,188
Management and general$476,273$684,584$658,303$633,601$642,043
Fundraising$479,217$416,038$356,895$337,309$341,174
Total expenses$2,125,941$1,928,922$1,826,181$1,852,425$1,882,405
 
Change in net assets20232022202120202019
Surplus (deficit)$147,579$334,874$771,575$260,806$157,545
Other changes in net assets$0$0$0$0$0
Total change in net assets$147,579$334,874$771,575$260,806$157,545

Compensation

NameTitleCompensation
Larry OtwellExecutive Dir.$105,785

Compensation data as of: 6/30/2023


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 12/20/2023. To update the information below, please email: [email protected]


History

In 1955 Rev. R.G. Jones and some Christian businessmen founded the Shreveport Rescue Mission for the purpose of providing overnight shelter and a gospel service for men passing through Shreveport. The first Mission was located at 2016 Texas Ave. for five years. It quickly became a sign of hope and help, not only for transient men, but for local homeless, hungry and hurting citizens as well. As the homeless population grew, the Mission relocated in 1961 to a larger facility at 2033 Texas Avenue, providing additional beds and services to homeless men.

For several years, a superintendent and a secretary conducted the day-to-day operations of the Mission. Many of these leaders and their families lived on the premises and personally provided services to the residents. In 1988, Rev. R. Henry Martin became the Executive Director and a new era began for the Mission. The name was changed in 1992 to Shreveport-Bossier Rescue Mission to reflect an increased scope of services. As needs and services increased, staffing grew annually to handle more specialized areas - social services, operations, office management, and development.

Due to increased unemployment in North Louisiana, the need for homeless services only increased. The number of homeless in this area grew substantially over the past decade.

To meet the needs in our community, the Texas Ave. facility was remodeled and expanded, a thrift store was established to help finance the Mission's work, a Christ-center recovery program was instituted, staffing grew, and a new 154-bed facility was built at 901 McNeil St. in Shreveport to address the growing need to also assist women and families with children. A medical and dental clinic was built at the new facility to provide free care to guests.

In 2015, Pastor Larry Otwell joined the Shreveport-Bossier Rescue Mission as General Manager. Prior to the coming to work for the Rescue Mission, he was the owner of Cornerstone Disposal and is currently serves as the Street Pastor at Riverpark Church. In 2016, Pastor Otwell was appointed as Executive Director. Under Pastor Larry's leadership, the Mission has established a full scale Life Recovery Program for men and women to go beyond meaning our guests' basic needs of food, clothing, and shelter but to also provide a complete healing to our guests of body, spirit, and soul. Under the Life Recovery Program, guests are given courses in Christian foundation, essential life skills, addiction recovery, and case management. In addition, Pastor Larry established the Mission's first Vocational Training Program to prepare our guests for the workforce.


Program accomplishments

In one year...

730 men, women & children served
8,200 hours of classes
63,000 meals served
33,000 nights of safe shelter
6,800 medical & dental services
33,000 hours of vocational training


Needs

The Rescue Mission relies heavily on individuals, organizations, businesses and churches to supply its operational needs. Donations are always needed and always welcomed!