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
Show donor confidence score detailsTransparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 1045 of 1118 | 135 of 141 | |
Fund acquisition rating | 973 of 1119 | 132 of 141 | |
Resource allocation rating | 1103 of 1119 | 138 of 141 | |
Asset utilization rating | 695 of 1118 | 98 of 141 |
Financial ratios
Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 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 ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 78% | 55% | 43% | 44% | 48% | 48% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 94% | 85% | 70% | 88% | 92% |
Program output ratio Program output ratio = Program services / Total revenue | 73% | 51% | 37% | 31% | 42% | 44% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 6% | 15% | 30% | 12% | 8% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 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 ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.32 | 0.29 | 0.28 | 0.32 | 0.33 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.85 | 1.89 | 1.96 | 2.02 | 2.53 | 2.75 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.74 | 0.60 | 0.57 | 0.56 | 0.81 | 0.92 |
Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.95 | 0.00 | 290.44 | 278.51 | 82.92 | 83.67 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.06 | 19.96 | 21.07 | 21.37 | 14.64 | 12.89 |
Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 9% | 11% | 12% | 16% | 18% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 9% | 10% | 12% | 15% | 17% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 287% | 307% | 317% | 263% | 246% |
Financials
Balance sheet | |||||
Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
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 |
Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
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 assets | 2023 | 2022 | 2021 | 2020 | 2019 |
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 | |||||
Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
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 |
Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
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 assets | 2023 | 2022 | 2021 | 2020 | 2019 |
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
Name | Title | Compensation |
Larry Otwell | Executive 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!