Las Vegas Rescue Mission 
The information on this page was last updated 5/11/2023. If you see errors or omissions, please email: [email protected]
Summary
Founded in 1970, the Las Vegas Rescue Mission (LVRM) started with a small storefront building that included the chapel, kitchen and a shelter that could house a few men. Today, LVRM campus takes up two city blocks in downtown Las Vegas, helping hundreds of men, women and their children daily, and provides approximately 30,000 meals each month.
Contact information
Mailing address:
Las Vegas Rescue Mission
480 West Bonanza Rd
Las Vegas, NV 89106-3227
Website: vegasrescue.org
Phone: 702-382-1766
Email: [email protected]
Organization details
EIN: 237222330
CEO/President: Heather Engle
Chairman: Dave Callahan
Board size: 7
Founder: Ed Compton
Ruling year: 1970
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2007
Purpose
Through effective, innovative Christian recovery programs, the Mission provides a path for those who want to escape the despair of the streets.
Mission statement
To serve those in need through food, shelter, daily needs and addiction recovery, offering hope to individuals and families through Jesus Christ.
The Mission provides services to all people without regard of race, color, creed, national origin, age, gender, religion or disability.
Statement of faith
The Las Vegas Rescue Mission is committed to the foundational doctrines of the Christian faith. We consider the following doctrines to be essential:
ABOUT GOD: The existence of one God, who eternally exists in three persons: Father, Son and Holy Spirit.
ABOUT THE BIBLE: The Bible is God's Word to all men. It was written by human authors, under inspiration of the Holy Spirit. It is our sole authority for faith and practice.
ABOUT JESUS CHRIST: Jesus Christ is God's only son, born of the virgin Mary by the Holy Spirit. We affirm His Miracles, His Message, and His death on Calvary's cross. He bodily arose from the grave, sits at the right hand of God, intercedes for the Church and prepares all things for His imminent return.
ABOUT MAN: Man is made in the spiritual image of God and yet, through Adam, has become captive to sin and death. This sin separates man from God.
ABOUT SALVATION: Salvation is a gift from God to man. Salvation is by grace, through faith in the Lord Jesus Christ, apart from all works of righteousness.
ABOUT THE CHURCH: The church is the visible Body of Christ, of which Jesus is the head. The Church is commissioned to make disciples of all peoples and nations.
ABOUT THE HOLY SPIRIT: The Holy Spirit is equal with the Father and Son as God. He is present in the world to make men aware of their need for Jesus Christ. The Spirit lives in every Christian from the moment of salvation. He provides the Christian with power for living, understanding of spiritual truth, and guidance in doing what is right.
ABOUT ETERNITY: Man was created to exist forever. He will either exist eternally separated from God by sin; or in union with God through forgiveness and salvation. To be eternally separated from God is Hell. To be eternally in union with Him is eternal life.
CHRIST'S RETURN: Jesus ascended to Heaven's glory and will return again to earth to reign as King of kings, and Lord of lords.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 980 of 1091 | 131 of 144 |
| Fund acquisition rating | | 910 of 1094 | 131 of 144 |
| Resource allocation rating | | 1012 of 1094 | 132 of 144 |
| Asset utilization rating | | 622 of 1091 | 83 of 144 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 11% | 20% | 14% | 20% | 19% | 23% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 9% | 18% | 13% | 17% | 16% | 20% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 91% | 94% | 85% | 84% | 87% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 23% | 18% | 18% | 14% | 19% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 9% | 6% | 15% | 16% | 13% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 66% | 72% | 73% | 76% | 73% |
Spending ratio Spending ratio = Total expenses / Total revenue | 86% | 81% | 74% | 92% | 114% | 106% |
Program output ratio Program output ratio = Program services / Total revenue | 68% | 53% | 53% | 67% | 86% | 77% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 14% | 19% | 26% | 8% | -14% | -6% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 9% | 13% | 23% | 7% | -11% | -5% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 11% | 10% | 9% | 10% | 9% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 0.46 | 0.55 | 0.61 | 0.72 | 0.66 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.61 | 2.14 | 2.74 | 3.69 | 8.41 | 6.31 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.62 | 0.98 | 1.51 | 2.25 | 6.09 | 4.16 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.13 | 18.25 | 15.63 | 11.53 | 4.17 | 5.74 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.05 | 0.06 | 0.09 | 0.24 | 0.17 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.85 | 11.53 | 7.45 | 4.88 | 1.50 | 2.38 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 17% | 16% | 24% | 19% | 17% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 15% | 13% | 21% | 0% | 14% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 167% | 180% | 153% | 125% | 112% | 125% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $4,545,181 | $2,862,706 | $1,761,497 | $212,623 | $889,403 |
| Receivables, inventories, prepaids | $224,239 | $309,199 | $246,568 | $163,531 | $152,705 |
| Short-term investments | $15,354 | $16,273 | $16,273 | $397,211 | $80,926 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $4,784,774 | $3,188,178 | $2,024,338 | $773,365 | $1,123,034 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $5,471,641 | $5,545,262 | $5,445,017 | $5,718,342 | $5,938,997 |
| Other long-term assets | $1,769 | $1,144 | $1,965 | $11,858 | $20,074 |
| Total long-term assets | $5,473,410 | $5,546,406 | $5,446,982 | $5,730,200 | $5,959,071 |
| Total assets | $10,258,184 | $8,734,584 | $7,471,320 | $6,503,565 | $7,082,105 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $221,651 | $171,789 | $161,077 | $185,349 | $195,752 |
| Other current liabilities | $40,525 | $32,200 | $14,525 | $0 | $0 |
| Total current liabilities | $262,176 | $203,989 | $175,602 | $185,349 | $195,752 |
| Debt | $1,527,354 | $1,174,127 | $1,592,626 | $4,109 | $1,005,364 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $10,500 | $10,500 | $1,036,135 | $30,138 |
| Total long-term liabilities | $1,527,354 | $1,184,627 | $1,603,126 | $1,040,244 | $1,035,502 |
| Total liabilities | $1,789,530 | $1,388,616 | $1,778,728 | $1,225,593 | $1,231,254 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $7,346,669 | $6,673,237 | $4,954,541 | $4,759,112 | $5,357,333 |
| With donor restrictions | $1,121,985 | $672,731 | $738,051 | $518,860 | $493,518 |
| Net assets | $8,468,654 | $7,345,968 | $5,692,592 | $5,277,972 | $5,850,851 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $5,309,128 | $6,073,998 | $4,233,994 | $3,471,436 | $3,839,492 |
| Program service revenue | $490,932 | $374,132 | $510,999 | $634,618 | $545,654 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $6,013 | $1,188 | $204,715 | $6,298 | $905 |
| Other revenue | $21,695 | $42,466 | $11,273 | $34,961 | $23,059 |
| Total other revenue | $518,640 | $417,786 | $726,987 | $675,877 | $569,618 |
| Total revenue | $5,827,768 | $6,491,784 | $4,960,981 | $4,147,313 | $4,409,110 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $3,104,277 | $3,465,497 | $3,317,970 | $3,586,237 | $3,390,668 |
| Management and general | $536,425 | $482,879 | $402,273 | $455,200 | $417,004 |
| Fundraising | $1,064,380 | $855,844 | $827,561 | $670,435 | $867,834 |
| Total expenses | $4,705,082 | $4,804,220 | $4,547,804 | $4,711,872 | $4,675,506 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $1,122,686 | $1,687,564 | $413,177 | ($564,559) | ($266,396) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,122,686 | $1,687,564 | $413,177 | ($564,559) | ($266,396) |
Compensation
| Name | Title | Compensation |
| Heather Engle | CEO | $136,720 |
| Nicola Antill | COO | $107,445 |
Compensation data as of: 6/30/2022
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 5/11/2023. To update the information below, please email: [email protected]
History
LVRM was founded in 1970 by a pastor and six businessmen who had a calling to help those who were homeless and hungry. Together, they secured a tiny storefront at 414 West Bonanza Road. By God's grace, they provided sandwiches and drinks, along with mats and blankets for men to eat and sleep away from the elements.
LVRM is more than just a shelter; we stand as a beacon of hope. We continue to adapt to meet the needs of men, women and their children in an ever-changing society. Through effective, innovative Christian recovery programs, the Mission provides a path for those who want to escape the despair of the streets.
Program accomplishments
86,751 Meals Served
14,828 Emergency Beds Provided
739 Individuals Received Free Clothing
223 Individuals helped in Recovery Programs