Evansville Rescue Mission

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/28/2021. To update the information in this column, please email: info@ministrywatch.com


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: info@ermstaff.org


Organization details

EIN: 350942622

CEO/President: Tracy L. Gorman

Chairman: Daniel C. Bugher

Board size: 17

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 rating421 of 102282 of 160
Fund acquisition rating639 of 1024103 of 160
Resource allocation rating247 of 102446 of 160
Asset utilization rating513 of 102295 of 160

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%14%21%22%23%23%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%8%10%12%11%12%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
91%60%48%55%49%53%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%10%11%12%12%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
9%40%52%45%51%47%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%85%82%78%78%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%81%93%100%93%93%
Program output ratio Program output ratio =
Program services /
Total revenue
70%69%76%79%72%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%19%7%0%7%7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%12%5%0%4%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%5%7%10%10%10%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.550.520.600.570.550.57
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.274.6511.068.294.304.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.852.416.604.692.382.28
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
12.9513.798.015.429.209.73
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.070.120.180.110.10
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.534.631.592.094.494.73
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%2%1%6%3%3%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
150%190%166%167%176%171%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,442,776$367,430$401,319$1,238,991$898,716
Receivables, inventories, prepaids$117,082$144,984$169,127$178,961$203,304
Short-term investments$417,623$215,868$401,807$402,538$764,762
Other current assets$0$0$0$0$0
Total current assets$1,977,481$728,282$972,253$1,820,490$1,866,782
Long-term investments$191,357$104,598$122,370$126,698$1,297
Fixed assets$5,875,872$6,122,189$6,048,368$4,876,418$4,831,594
Other long-term assets$1,148,461$1,098,939$915,864$1,001,426$790,686
Total long-term assets$7,215,690$7,325,726$7,086,602$6,004,542$5,623,577
Total assets$9,193,171$8,054,008$8,058,855$7,825,032$7,490,359
 
Liabilities20202019201820172016
Payables and accrued expenses$143,386$90,915$179,391$197,822$191,812
Other current liabilities$0$0$0$0$0
Total current liabilities$143,386$90,915$179,391$197,822$191,812
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$277,702$10,655$22,210
Total long-term liabilities$0$0$277,702$10,655$22,210
Total liabilities$143,386$90,915$457,093$208,477$214,022
 
Net assets20202019201820172016
Without donor restrictions$7,954,656$6,897,713$6,695,068$6,320,176$6,494,330
With donor restrictions$1,095,129$1,065,380$906,694$1,296,379$782,007
Net assets$9,049,785$7,963,093$7,601,762$7,616,555$7,276,337
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$3,477,691$2,492,532$2,495,486$2,303,831$2,418,278
Program service revenue$2,218,560$2,189,946$2,103,572$2,056,795$2,040,020
Membership dues$0$0$0$0$0
Investment income$37,421$115,565$22,778$109,699$63,561
Other revenue$110,831$373,280($80,613)$206,415$32,280
Total other revenue$2,366,812$2,678,791$2,045,737$2,372,909$2,135,861
Total revenue$5,844,503$5,171,323$4,541,223$4,676,740$4,554,139
 
Expenses20202019201820172016
Program services$4,053,919$3,931,640$3,570,761$3,369,439$3,272,698
Management and general$223,241$346,343$448,092$444,436$415,870
Fundraising$480,651$532,009$537,163$522,647$559,816
Total expenses$4,757,811$4,809,992$4,556,016$4,336,522$4,248,384
 
Change in net assets20202019201820172016
Surplus (deficit)$1,086,692$361,331($14,793)$340,218$305,755
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,086,692$361,331($14,793)$340,218$305,755

Compensation

NameTitleCompensation
Reverend Tracy L GormanPresident/Ce$137,708

Compensation data as of: 12/31/2020


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 9/28/2021. To update the information below, please email: info@ministrywatch.com


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


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.