Las Vegas Rescue Mission

The information on this page was last updated 7/19/2022. 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: Ron McMenemy

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

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Transparency grade

A

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Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating813 of 1033130 of 161
Fund acquisition rating733 of 1035126 of 161
Resource allocation rating833 of 1035134 of 161
Asset utilization rating481 of 103381 of 161

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%14%20%19%23%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%13%17%16%20%14%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%94%85%84%87%90%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%18%18%14%19%16%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%6%15%16%13%10%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%72%73%76%73%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%74%92%114%106%90%
Program output ratio Program output ratio =
Program services /
Total revenue
69%53%67%86%77%70%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%26%8%-14%-6%10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%23%7%-11%-5%9%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%10%9%10%9%6%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.550.550.610.720.660.69
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.972.743.698.416.316.29
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.741.512.256.094.164.31
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.3015.6311.534.175.747.63
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.060.090.240.170.13
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.797.454.881.502.382.42
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%16%24%19%17%16%
Debt ratio Debt ratio =
Debt /
Total assets
2%13%21%0%14%14%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
150%153%125%112%125%122%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$2,862,706$1,761,497$212,623$889,403$826,748
Receivables, inventories, prepaids$309,199$246,568$163,531$152,705$308,775
Short-term investments$16,273$16,273$397,211$80,926$28,060
Other current assets$0$0$0$0$0
Total current assets$3,188,178$2,024,338$773,365$1,123,034$1,163,583
Long-term investments$0$0$0$0$0
Fixed assets$5,545,262$5,445,017$5,718,342$5,938,997$6,143,177
Other long-term assets$1,144$1,965$11,858$20,074$10,261
Total long-term assets$5,546,406$5,446,982$5,730,200$5,959,071$6,153,438
Total assets$8,734,584$7,471,320$6,503,565$7,082,105$7,317,021
 
Liabilities20212020201920182017
Payables and accrued expenses$171,789$161,077$185,349$195,752$152,451
Other current liabilities$32,200$14,525$0$0$0
Total current liabilities$203,989$175,602$185,349$195,752$152,451
Debt$1,174,127$1,592,626$4,109$1,005,364$1,003,073
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$10,500$10,500$1,036,135$30,138$48,465
Total long-term liabilities$1,184,627$1,603,126$1,040,244$1,035,502$1,051,538
Total liabilities$1,388,616$1,778,728$1,225,593$1,231,254$1,203,989
 
Net assets20212020201920182017
Without donor restrictions$6,673,237$4,954,541$4,759,112$5,357,333$5,611,457
With donor restrictions$672,731$738,051$518,860$493,518$501,575
Net assets$7,345,968$5,692,592$5,277,972$5,850,851$6,113,032
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$6,073,998$4,233,994$3,471,436$3,839,492$5,020,662
Program service revenue$374,132$510,999$634,618$545,654$556,540
Membership dues$0$0$0$0$0
Investment income$1,188$204,715$6,298$905($18,615)
Other revenue$42,466$11,273$34,961$23,059$21,214
Total other revenue$417,786$726,987$675,877$569,618$559,139
Total revenue$6,491,784$4,960,981$4,147,313$4,409,110$5,579,801
 
Expenses20212020201920182017
Program services$3,465,497$3,317,970$3,586,237$3,390,668$3,903,622
Management and general$482,879$402,273$455,200$417,004$317,458
Fundraising$855,844$827,561$670,435$867,834$791,574
Total expenses$4,804,220$4,547,804$4,711,872$4,675,506$5,012,654
 
Change in net assets20212020201920182017
Surplus (deficit)$1,687,564$413,177($564,559)($266,396)$567,147
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,687,564$413,177($564,559)($266,396)$567,147

Compensation

NameTitleCompensation
Heather EngleCEO$111,010
Nicola AntillCOO$96,388

Compensation data as of: 6/30/2020


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 7/19/2022. 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


Needs