Evansville Rescue Mission

The information on this page was last updated 4/26/2023. If you see errors or omissions, please email: [email protected]


Summary

For over 100 years, the Evansville Rescue Mission has stood as a beacon in our community to those looking for vital services for survival, and for those looking for a place to serve. Many have sacrificed much so that this ministry would not only survive, but thrive.


Contact information

Mailing address:
Evansville Rescue Mission
500 East Walnut Street
Evansville, IN 47713

Website: evansvillerescuemission.org

Phone: 812-421-3800

Email: [email protected]


Organization details

EIN: 350942622

CEO/President: Tracy L. Gorman

Chairman: Kyle R. Rudolph

Board size: 13

Founder: Ernest and Edna Reveal

Ruling year: 1951

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2014


Purpose

To see every man, woman and child we serve equipped to be productive citizens who enjoy lasting success in Christ. As our community's oldest and largest ministry of its kind, your ERM seeks to restore dignity, health, and hope through sharing the love of Jesus Christ with those in need.


Mission statement

We exist to glorify God by meeting the basic needs of those we serve and by sharing with them the life-changing message that "Jesus Saves".


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating626 of 109785 of 145
Fund acquisition rating734 of 1099101 of 145
Resource allocation rating306 of 109934 of 145
Asset utilization rating732 of 1097108 of 145

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%18%14%21%22%23%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%9%8%10%12%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%51%60%48%55%49%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%11%10%11%12%12%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%49%40%52%45%51%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%84%85%82%78%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%83%81%93%100%93%
Program output ratio Program output ratio =
Program services /
Total revenue
69%70%69%76%79%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%17%19%7%0%7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%10%12%5%0%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%5%5%7%10%10%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.490.520.600.570.55
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.674.904.6511.068.294.30
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.642.392.416.604.692.38
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.4916.3113.798.015.429.20
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.060.070.120.180.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.474.704.631.592.094.49
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%1%2%1%6%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
163%202%190%166%167%176%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$1,294,298$1,442,776$367,430$401,319$1,238,991
Receivables, inventories, prepaids$169,257$117,082$144,984$169,127$178,961
Short-term investments$611,940$417,623$215,868$401,807$402,538
Other current assets$0$0$0$0$0
Total current assets$2,075,495$1,977,481$728,282$972,253$1,820,490
Long-term investments$825,673$191,357$104,598$122,370$126,698
Fixed assets$5,836,774$5,875,872$6,122,189$6,048,368$4,876,418
Other long-term assets$1,433,422$1,148,461$1,098,939$915,864$1,001,426
Total long-term assets$8,095,869$7,215,690$7,325,726$7,086,602$6,004,542
Total assets$10,171,364$9,193,171$8,054,008$8,058,855$7,825,032
 
Liabilities20212020201920182017
Payables and accrued expenses$127,271$143,386$90,915$179,391$197,822
Other current liabilities$0$0$0$0$0
Total current liabilities$127,271$143,386$90,915$179,391$197,822
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$277,702$10,655
Total long-term liabilities$0$0$0$277,702$10,655
Total liabilities$127,271$143,386$90,915$457,093$208,477
 
Net assets20212020201920182017
Without donor restrictions$8,692,083$7,954,656$6,897,713$6,695,068$6,320,176
With donor restrictions$1,352,010$1,095,129$1,065,380$906,694$1,296,379
Net assets$10,044,093$9,049,785$7,963,093$7,601,762$7,616,555
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$3,025,451$3,477,691$2,492,532$2,495,486$2,303,831
Program service revenue$2,496,937$2,218,560$2,189,946$2,103,572$2,056,795
Membership dues$0$0$0$0$0
Investment income$134,278$37,421$115,565$22,778$109,699
Other revenue$308,230$110,831$373,280($80,613)$206,415
Total other revenue$2,939,445$2,366,812$2,678,791$2,045,737$2,372,909
Total revenue$5,964,896$5,844,503$5,171,323$4,541,223$4,676,740
 
Expenses20212020201920182017
Program services$4,184,644$4,053,919$3,931,640$3,570,761$3,369,439
Management and general$251,771$223,241$346,343$448,092$444,436
Fundraising$534,173$480,651$532,009$537,163$522,647
Total expenses$4,970,588$4,757,811$4,809,992$4,556,016$4,336,522
 
Change in net assets20212020201920182017
Surplus (deficit)$994,308$1,086,692$361,331($14,793)$340,218
Other changes in net assets$0$0$0$0$0
Total change in net assets$994,308$1,086,692$361,331($14,793)$340,218

Compensation

NameTitleCompensation
Reverend Tracy L GormanPresident/Ce$158,608

Compensation data as of: 12/31/2021


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 4/26/2023. To update the information below, please email: [email protected]


History

In 1917, the ministries of your Evansville Rescue Mission commenced under the vision and leadership of its co-founders, Dr. Ernest "Pappy" Reveal and his wife, Mrs. Edna Reveal. Originally on Main Street and near the corner of First Street in downtown Evansville, your local Mission was transferred to larger quarters on Second Street for fifteen years where Dr. and Mrs. Reveal established themselves as prominent leaders in the Tri-State community.

Later in 1932, the Mission moved to the corner of Ninth and Locust streets where the entire block of the Keller-Crescent Printing Company was purchased through the generosity of Mr. and Mrs. John L. Ingleheart.

Leading up to his death in 1959, Pappy touched countless lives by reaching out to the lost and those often shunned in society through the different ministries of the Evansville Rescue Mission, including Mission's church home, the Evansville Christian Center.

Having big shoes to fill, Mr. George Blackmore became the Rescue Mission's second President and eventually moved the Mission in 1972 to 300 S.E. Martin Luther King Jr. Blvd. where our homeless services took place for more than thirty years.

In February 2013, the Evansville Rescue Mission was able to successfully move our main campus to 500 East Walnut Street, Evansville, IN 47713. What used to be Evansville's Veteran Administrative and Medical Clinic, the ERM now completes our operations all under one roof in a one-level, 32,000 square foot, handicap-accessible facility.

Throughout our 100 years of rich history, the Mission has been able to weather the storm financially through sound leadership, through fiscal responsibility, and through caring, generous folks living right here in the Tri-State.


Program accomplishments

295,000 meals served

55,800 nights of shelter provided

250 Children experiencing the joy of Camp Reveal

$724,322 Profits from our Social Enterprises

900+ Boys & girls receiving counsel & care at our Youth Center


Needs

Since your Evansville Rescue Mission is a 501(c)3 non-profit organization, our ministry relies on the generosity of private, tax-deductible donations from a variety of funding sources. We do not receive funding from the federal or state government and are not a United Way agency.