Kokomo Rescue Mission

The information on this page was last updated 5/11/2023. If you see errors or omissions, please email: [email protected]


Summary

Kokomo Rescue Mission is a Christian social service ministry providing Bible-based solutions to the problems of poverty and homelessness. The Mission provides both shelter and outreach services. Shelter is available for men and for women and children, with programs with programs that minister to body, mind and spirit. Outreach programs include a free public dining room open twice daily and family assistance programs providing free clothing and household items. Holiday outreach provides help to family at Thanksgiving and Christmas.


Contact information

Mailing address:
Kokomo Rescue Mission
PO Box 476
Kokomo, IN 46903-0476

Website: kokomorescuemission.org

Phone: (765) 456-3838

Email: [email protected]


Organization details

EIN: 351104430

CEO/President: Van C. Taylor

Chairman: Mike Fox

Board size: 15

Founder:

Ruling year: 1978

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1997


Purpose

The vision of Kokomo Rescue Mission is to see the homeless, hungry, and hurting achieve wholeness through its Christ-centered programs and services.


Mission statement

Kokomo Rescue Mission exists to proclaim the Good News and demonstrate the compassion of Jesus Christ to the homeless, hungry, and hurting in North Central Indiana.


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 rating821 of 110297 of 140
Fund acquisition rating715 of 110395 of 140
Resource allocation rating850 of 110398 of 140
Asset utilization rating555 of 110266 of 140

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%15%14%13%12%14%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%13%14%13%10%13%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%90%96%97%89%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%15%17%13%13%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%10%4%3%11%6%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%74%71%75%77%77%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%87%81%99%79%101%
Program output ratio Program output ratio =
Program services /
Total revenue
70%64%57%74%61%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%13%19%1%21%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%8%12%1%18%-1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%11%12%12%10%10%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.510.510.710.670.78
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.671.872.143.553.954.24
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.670.961.102.512.653.30
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
12.7328.1032.7714.4915.2916.51
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.040.030.070.070.06
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.4612.0210.594.454.243.42
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%2%1%7%2%1%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
160%190%192%132%147%127%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$1,449,226$1,294,902$1,007,359$498,187$589,724
Receivables, inventories, prepaids$888,560$1,275,819$166,086$490,432$160,708
Short-term investments$982,390$16,048$12,974$13,154$13,080
Other current assets$0$0$0$0$0
Total current assets$3,320,176$2,586,769$1,186,419$1,001,773$763,512
Long-term investments$0$0$0$0$0
Fixed assets$2,886,448$2,936,494$3,028,263$2,383,892$2,464,779
Other long-term assets$500$0$0$571,139$8,693
Total long-term assets$2,886,948$2,936,494$3,028,263$2,955,031$2,473,472
Total assets$6,207,124$5,523,263$4,214,682$3,956,804$3,236,984
 
Liabilities20222021202020192018
Payables and accrued expenses$118,159$78,945$81,874$65,515$46,246
Other current liabilities$0$0$0$0$0
Total current liabilities$118,159$78,945$81,874$65,515$46,246
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$201,000$0$0
Total long-term liabilities$0$0$201,000$0$0
Total liabilities$118,159$78,945$282,874$65,515$46,246
 
Net assets20222021202020192018
Without donor restrictions$5,331,347$4,729,496$3,213,670$3,295,228$3,016,086
With donor restrictions$757,618$714,822$718,138$596,061$174,652
Net assets$6,088,965$5,444,318$3,931,808$3,891,289$3,190,738
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$3,308,728$3,365,626$2,940,630$2,994,036$2,338,714
Program service revenue$141,714$86,334$83,713$100,338$127,346
Membership dues$0$0$0$0$0
Investment income$1,095$1,535($23,948)$2,296$912
Other revenue$231,090$41,556$22,844$255,733$16,306
Total other revenue$373,899$129,425$82,609$358,367$144,564
Total revenue$3,682,627$3,495,051$3,023,239$3,352,403$2,483,278
 
Expenses20222021202020192018
Program services$2,372,813$2,006,531$2,234,280$2,030,921$1,929,025
Management and general$341,563$350,762$355,403$272,776$257,204
Fundraising$481,992$485,555$391,027$347,273$333,361
Total expenses$3,196,368$2,842,848$2,980,710$2,650,970$2,519,590
 
Change in net assets20222021202020192018
Surplus (deficit)$486,259$652,203$42,529$701,433($36,312)
Other changes in net assets$0$0$0$0$0
Total change in net assets$486,259$652,203$42,529$701,433($36,312)

Compensation

NameTitleCompensation
Van TaylorExec Dir$120,079

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


Program accomplishments

31,336 nights of shelter provided for our homeless neighbors

87,423 meals served to hungry men, women, and children

503 different men and women, and an additional 54 different children were assisted at our three shelters for men, women and women with children.


Needs