Destiny Rescue USA 
The information on this page was last updated 1/22/2024. If you see errors or omissions, please email: [email protected]
Summary
We exist to rescue kids from sex trafficking and exploitation and help them stay free.
Rescue - Night after night, our agents enter some of the darkest places on the planet to find and rescue children trapped in sexual exploitation or trafficking.
Reintegration - When we are able, we identify what made a child vulnerable to exploitation, and then help them and their family overcome it and thrive.
Contact information
Mailing address:
Destiny Rescue USA
10339 Dawsons Creek Blvd
Suite C
Fort Wayne, IN 46825
Website: destinyrescue.org
Phone: (260) 444-2407
Email: [email protected]
Organization details
EIN: 262467690
CEO/President: Kirk Falconer
Chairman: Bernard Henriques
Board size: 5
Founder: Tony Kirwan
Ruling year: 2009
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2014
Purpose
Our vision is to play a leading role in the ending of sexual exploitation and trafficking of children in our lifetime.
Mission statement
We rescue children from sexual exploitation and human trafficking and help them stay free.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 521 of 1106 | 58 of 144 |
| Fund acquisition rating | | 821 of 1107 | 105 of 144 |
| Resource allocation rating | | 619 of 1107 | 75 of 144 |
| Asset utilization rating | | 161 of 1106 | 19 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 | 6% | 9% | 7% | 5% | 8% | 6% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 9% | 7% | 5% | 8% | 6% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 100% | 100% | 100% | 96% | 93% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 8% | 8% | 6% | 7% | 7% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 0% | 0% | 0% | 4% | 7% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 84% | 80% | 82% | 83% | 84% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 107% | 88% | 85% | 113% | 81% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 89% | 71% | 70% | 94% | 68% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | -7% | 12% | 15% | -13% | 19% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | -24% | 31% | 47% | -69% | 64% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 8% | 8% | 12% | 12% | 10% | 9% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.33 | 3.03 | 1.86 | 1.93 | 3.77 | 1.84 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.23 | 1.21 | 1.06 | 1.08 | 1.18 | 1.16 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.02 | 3.65 | 1.98 | 2.09 | 4.46 | 2.12 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 19.87 | 8.18 | 5.94 | 4.04 | 3.38 | 3.88 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.12 | 0.17 | 0.25 | 0.30 | 0.26 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.62 | 2.89 | 5.04 | 4.33 | 1.89 | 4.19 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 21% | 20% | 28% | 37% | 32% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 3% | 4% | 5% | 12% | 10% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 67% | 26% | 43% | 37% | 17% | 37% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,429,321 | $1,583,344 | $1,373,477 | $712,977 | $1,300,602 |
| Receivables, inventories, prepaids | $40,156 | $446,238 | $169,160 | $142,797 | $73,498 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,469,477 | $2,029,582 | $1,542,637 | $855,774 | $1,374,100 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $165,015 | $127,928 | $125,151 | $154,988 | $199,373 |
| Other long-term assets | $136,298 | $2,000 | $2,000 | $2,000 | $17,478 |
| Total long-term assets | $301,313 | $129,928 | $127,151 | $156,988 | $216,851 |
| Total assets | $1,770,790 | $2,159,510 | $1,669,788 | $1,012,762 | $1,590,951 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $179,688 | $341,475 | $382,046 | $253,470 | $353,817 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $179,688 | $341,475 | $382,046 | $253,470 | $353,817 |
| Debt | $50,343 | $80,950 | $90,721 | $122,577 | $162,313 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $134,299 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $184,642 | $80,950 | $90,721 | $122,577 | $162,313 |
| Total liabilities | $364,330 | $422,425 | $472,767 | $376,047 | $516,130 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $941,778 | $1,150,780 | $761,876 | $232,953 | $401,826 |
| With donor restrictions | $464,682 | $586,305 | $435,145 | $403,762 | $672,995 |
| Net assets | $1,406,460 | $1,737,085 | $1,197,021 | $636,715 | $1,074,821 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $5,014,545 | $4,553,700 | $3,785,890 | $3,249,994 | $3,364,736 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $11,720 | $6,068 | $2,023 | $219 | $1,689 |
| Other revenue | $1,350 | $2,625 | ($11,181) | $130,466 | $237,941 |
| Total other revenue | $13,070 | $8,693 | ($9,158) | $130,685 | $239,630 |
| Total revenue | $5,027,615 | $4,562,393 | $3,776,732 | $3,380,679 | $3,604,366 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $4,477,760 | $3,218,881 | $2,635,476 | $3,164,227 | $2,461,421 |
| Management and general | $446,743 | $477,720 | $383,245 | $396,928 | $259,439 |
| Fundraising | $433,737 | $325,728 | $197,705 | $257,630 | $198,805 |
| Total expenses | $5,358,240 | $4,022,329 | $3,216,426 | $3,818,785 | $2,919,665 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | ($330,625) | $540,064 | $560,306 | ($438,106) | $684,701 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($330,625) | $540,064 | $560,306 | ($438,106) | $684,701 |
Compensation
| Name | Title | Compensation |
| Kirk S Falconer | CEO | $136,075 |
Compensation data as of: 12/31/2022
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 1/22/2024. To update the information below, please email: [email protected]
History
Founded in 2001, Destiny Rescue's story began with founder and international president Tony Kirwan. While living in Thailand, Tony and his wife heard a man share how he was once invited to have sex with children.
"When I heard this story it really hit me and I knew I had to do something," Tony says. "It was at this point, I believe God put the vision of Destiny Rescue in my heart."
Today, Destiny Rescue's work has grown into a worldwide organization dedicated to rescuing children from sexual exploitation and trafficking and helping them stay free. We serve to help amplify the voices of both those who are enslaved and have been freed from abuse.
Destiny Rescue USA, Inc. is a registered 501(c)3 organization dedicated to raising awareness, funds, and talent to make possible the international work of Destiny Rescue. Our support center is located in Fort Wayne, Indiana with regional satellites around the country.
Together, our family of speakers, staff, volunteers, church and business partners, and supporters fight tirelessly to bring the world one step closer to our vision.
Program accomplishments
7000+ lives set free
Operations in seven countries around the world
250+ volunteers and staff serving around the clock to rescue kids and help them stay free